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Segment Information
 9 Months Ended
Sep. 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 United States 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 September 30,Nine Months Ended September 30,
(in thousands)2021202020212020
Net Sales    
North America$338,591 $316,902 $989,711 $852,759 
Europe54,832 44,766 155,567 114,877 
Asia/Pacific3,315 2,636 9,383 6,412 
Total$396,738 $364,304 $1,154,661 $974,048 
Sales to Other Segments*    
North America$815 $629 $1,732 $1,940 
Europe1,226 1,193 4,386 3,755 
Asia/Pacific5,856 7,240 19,849 17,717 
Total$7,897 $9,062 $25,967 $23,412 
Income (Loss) from Operations    
North America$96,954 $87,378 $261,487 $213,135 
Europe7,517 6,074 15,681 7,100 
Asia/Pacific313 519 941 (160)
Administrative and all other (4,165)(2,628)(7,378)(7,170)
Total$100,619 $91,343 $270,731 $212,905 
            
*    Sales to other segments are eliminated in consolidation.
   At
 At September 30,December 31,
(in thousands)202120202020
Total Assets   
North America$1,274,937 $1,524,482 $1,059,967 
Europe207,744 186,051 198,647 
Asia/Pacific32,748 31,109 32,754 
Administrative and all other(93,360)(463,777)(58,799)
Total$1,422,069 $1,277,865 $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 $219.7 million, $244.5 million, and $199.8 million, as of September 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 sales by product group as additional information for the following periods:
Three Months Ended September 30,Nine Months Ended September 30,
(in thousands)2021202020212020
Wood construction products$338,896 $311,167 $996,261 $834,411 
Concrete construction products57,589 52,983 157,417 139,299 
Other253 154 983 338 
Total$396,738 $364,304 $1,154,661 $974,048 

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.