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Revenue
3 Months Ended
Apr. 04, 2020
Revenue From Contract With Customer [Abstract]  
Revenue

16. Revenue

The following tables disaggregate our revenue by major source for the first quarter of 2020 and 2019 (in thousands):

 

 

 

Three Months (13 Weeks) Ended April 4, 2020

 

 

 

Steel

Mills

 

 

Steel

Products

 

 

Raw

Materials

 

 

Total

 

Sheet

 

$

1,578,429

 

 

$

-

 

 

$

-

 

 

$

1,578,429

 

Bar

 

 

1,062,666

 

 

 

-

 

 

 

-

 

 

 

1,062,666

 

Structural

 

 

450,499

 

 

 

-

 

 

 

-

 

 

 

450,499

 

Plate

 

 

427,676

 

 

 

-

 

 

 

-

 

 

 

427,676

 

Tubular Products

 

 

-

 

 

 

305,057

 

 

 

-

 

 

 

305,057

 

Rebar Fabrication

 

 

-

 

 

 

423,316

 

 

 

-

 

 

 

423,316

 

Other Steel Products

 

 

-

 

 

 

998,481

 

 

 

-

 

 

 

998,481

 

Raw Materials

 

 

-

 

 

 

-

 

 

 

378,213

 

 

 

378,213

 

 

 

$

3,519,270

 

 

$

1,726,854

 

 

$

378,213

 

 

$

5,624,337

 

 

 

 

Three Months (13 Weeks) Ended March 30, 2019

 

 

 

Steel

Mills

 

 

Steel

Products

 

 

Raw

Materials

 

 

Total

 

Sheet

 

$

1,807,303

 

 

$

-

 

 

$

-

 

 

$

1,807,303

 

Bar

 

 

1,115,130

 

 

 

-

 

 

 

-

 

 

 

1,115,130

 

Structural

 

 

433,929

 

 

 

-

 

 

 

-

 

 

 

433,929

 

Plate

 

 

593,040

 

 

 

-

 

 

 

-

 

 

 

593,040

 

Tubular Products

 

 

-

 

 

 

329,871

 

 

 

-

 

 

 

329,871

 

Rebar Fabrication

 

 

-

 

 

 

342,055

 

 

 

-

 

 

 

342,055

 

Other Steel Products

 

 

-

 

 

 

982,596

 

 

 

-

 

 

 

982,596

 

Raw Materials

 

 

-

 

 

 

-

 

 

 

492,700

 

 

 

492,700

 

 

 

$

3,949,402

 

 

$

1,654,522

 

 

$

492,700

 

 

$

6,096,624

 

 

Contract liabilities are primarily related to deferred revenue resulting from cash payments received in advance from customers to protect against credit risk. Contract liabilities totaled $121.5 million as of April 4, 2020 ($108.6 million as of December 31, 2019), and are included in accrued expenses and other current liabilities in the condensed and consolidated balance sheets.