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Segment Information
 3 Months Ended
Jun. 30, 2021
Segment Reporting [Abstract]  
Segment Information Segment Information
 
The Company is organized into three reporting segments 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 (comprised primarily of the Company’s operations in the U.S. and Canada), the Europe segment and the Asia/Pacific segment (comprised of the Company’s operations in Asia, the South Pacific, and the Middle East). These segments are similar in several ways, including the types of materials used, the production processes, the distribution channels and the product applications.

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 June 30,Six Months Ended June 30,
(in thousands)2021202020212020
Net Sales    
North America$350,557 $286,807 $651,120 $535,857 
Europe56,438 37,379 100,734 70,111 
Asia/Pacific3,286 1,890 6,068 3,776 
Total$410,281 $326,076 $757,922 $609,744 
Sales to Other Segments*    
North America$221 $671 $917 $1,311 
Europe1,551 1,308 3,160 2,562 
Asia/Pacific5,465 5,664 13,993 10,477 
Total$7,237 $7,643 $18,070 $14,350 
Income (Loss) from Operations    
North America$95,123 $72,196 $164,533 $125,757 
Europe5,873 2,696 8,164 1,026 
Asia/Pacific203 (75)628 (679)
Administrative and all other 529 (2,605)(3,213)(4,542)
Total$101,728 $72,212 $170,112 $121,562 
            
*    Sales to other segments are eliminated in consolidation.
   At
 At June 30,December 31,
(in thousands)202120202020
Total Assets   
North America$1,189,835 $1,382,051 $1,059,967 
Europe205,065 169,757 198,647 
Asia/Pacific31,774 27,957 32,754 
Administrative and all other(52,700)(295,262)(58,799)
Total$1,373,974 $1,284,503 $1,232,569 
 
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 $238.3 million, $261.8 million, and $199.8 million, as of June 30, 2021 and 2020, and December 31, 2020, 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 June 30,Six Months Ended June 30,
(in thousands)2021202020212020
Wood construction products$355,787 $280,724 $657,365 $523,244 
Concrete construction products54,305 45,304 99,828 86,316 
Other189 48 729 184 
Total$410,281 $326,076 $757,922 $609,744 

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.