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Segment Information
 3 Months Ended
Sep. 30, 2020
Segment Reporting [Abstract]  
Segment Information Segment Information
 
The Company is organized into three reportable segments, which are defined by the regions where the Company’s products are manufactured, marketed and distributed to the Company’s customers. The three regional segments are the North America segment, comprising primarily the United States and Canada; the Europe segment, comprising continental Europe and the United Kingdom; and the Asia/Pacific segment, comprising the Company’s operations in China, Hong Kong, the South Pacific and the Middle East. The Company's China and Hong Kong operations are manufacturing and administrative support locations, respectively. These three reportable segments are similar in several ways, including the types of materials used in production, production processes, distribution channels and product applications. The Company’s measure of profit or loss for its reportable segments is income (loss) from operations.

The following tables illustrate certain measurements used by management to assess the performance of its reportable segments as of or for the following periods: 
Three Months Ended September 30,Nine Months Ended September 30,
(in thousands)2020201920202019
Net Sales    
North America$316,902 $265,505 $852,759 $746,009 
Europe44,766 42,219 114,877 121,647 
Asia/Pacific2,636 2,208 6,412 6,373 
Total$364,304 $309,932 $974,048 $874,029 
Sales to Other Segments*    
North America$629 $520 $1,940 $1,327 
Europe1,193 479 3,755 1,568 
Asia/Pacific7,240 7,600 17,717 21,272 
Total$9,062 $8,599 $23,412 $24,167 
Income (Loss) from Operations    
North America$87,378 $56,844 $213,135 $139,489 
Europe6,074 5,386 7,100 9,645 
Asia/Pacific519 (481)(160)(837)
Administrative and all other (2,628)(782)(7,170)(3,654)
Total$91,343 $60,967 $212,905 $144,643 
            
*    Sales to other segments are eliminated in consolidation.
   At
 At September 30,December 31,
(in thousands)202020192019
Total Assets   
North America$1,524,482 $1,246,617 $1,269,545 
Europe186,051 169,183 169,785 
Asia/Pacific31,109 28,009 30,055 
Administrative and all other(463,777)(357,501)(374,019)
Total$1,277,865 $1,086,308 $1,095,366 
 
Cash collected by the Company’s United States subsidiaries is routinely transferred into the Company’s cash management accounts and, therefore, has been included in the total assets of “Administrative and all other.” Cash and cash equivalent balances in the “Administrative and all other” segment were $244.5 million, $135.9 million, and $161.4 million, as of September 30, 2020 and 2019, and December 31, 2019, respectively. Total "Administrative and all other" assets are net of inter-segment due to and from accounts eliminated in consolidation.

While the Company manages its business by geographic segment, the following table illustrates the distribution of the Company’s net sales by product group as additional information for the following periods:
Three Months Ended September 30,Nine Months Ended September 30,
(in thousands)2020201920202019
Wood construction products
$311,167 $255,869 $834,411 $731,898 
Concrete construction products
52,983 53,947 139,299 141,883 
Other
154 116 338 248 
Total
$364,304 $309,932 $974,048 $874,029 

Wood construction products include connectors, truss plates, fastening systems, fasteners and pre-fabricated shearwalls, and are used for connecting and strengthening wood-based construction primarily in the residential construction market. Concrete construction products include adhesives, chemicals, mechanical anchors, carbide drill bits, powder actuated tools and fiber
reinforcing materials, and are used for restoration, protection or strengthening concrete, masonry and steel construction in residential, industrial, commercial and infrastructure construction.