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Revenue
12 Months Ended
Dec. 31, 2021
Revenue from Contract with Customer [Abstract]  
Revenue

NOTE 4. REVENUE

Disaggregation of Revenues

Our Mineral Fiber and Architectural Specialties operating segments both manufacture and sell ceiling and wall systems (primarily mineral fiber, fiberglass wool, metal, wood, wood fiber, glass-reinforced-gypsum and felt) throughout the Americas. We disaggregate revenue based on our product-based segments and major customer channels, as they represent the most appropriate depiction of how the nature, amount and timing of revenues and cash flows are affected by economic factors. Net sales by major customer channel are as follows:

 

Distributors – represents net sales to building materials distributors who re-sell our products to contractors, subcontractors’ alliances, large architect and design firms, and major facility owners. Geographically, this category includes sales throughout the U.S., Canada, and Latin America.

 

Home centers – represents net sales to home centers, such as Lowe’s Companies, Inc. and The Home Depot, Inc. This category includes sales primarily to U.S. customers.

 

Direct customers – represents net sales to contractors, subcontractors, and large architect and design firms. This category includes sales primarily to U.S. customers.

 

Retailers and other – represents net sales to independent retailers and certain national account customers, including wholesalers who re-sell our products to dealers who service builders, contractors and consumers, online customers, major facility owners, group purchasing organizations and maintenance, repair and operating entities. Geographically, this category includes sales throughout the U.S. and Canada.

 

The following tables present net sales by major customer group within the Mineral Fiber and Architectural Specialties segments for the years ended December 31, 2021, 2020 and 2019:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Mineral Fiber

 

2021

 

 

2020

 

 

2019

 

Distributors

 

$

603.9

 

 

$

525.2

 

 

$

622.9

 

Home centers

 

 

94.4

 

 

 

96.1

 

 

 

85.2

 

Direct customers

 

 

59.2

 

 

 

54.3

 

 

 

61.2

 

Retailers and other

 

 

61.0

 

 

 

50.4

 

 

 

57.3

 

Total

 

$

818.5

 

 

$

726.0

 

 

$

826.6

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Architectural Specialties

 

2021

 

 

2020

 

 

2019

 

Distributors

 

$

150.5

 

 

$

135.5

 

 

$

138.3

 

Direct customers

 

 

134.6

 

 

 

73.3

 

 

 

68.0

 

Retailers and other

 

 

3.0

 

 

 

2.1

 

 

 

5.2

 

Total

 

$

288.1

 

 

$

210.9

 

 

$

211.5