Segment Information (Tables)

12 Months Ended

Dec. 31, 2021

Schedule of performance of reportable segments

The following table shows certain measurements used by management to assess the performance of the segments described above as of December 31, 2021, 2020 and 2019, respectively:


(in thousands)	North America		Europe		Asia/ Pacific		Administrative & All Other		Total
2021
Net sales	$	1,362,941	$	196,996	$	13,280	$	—	$	1,573,217
Sales to other segments *	2,237		5,696		27,109		—		35,042
Income from operations	359,140		14,160		1,193		(6,700)		367,793
Depreciation and amortization	33,950		6,172		1,844		511		42,477
Significant non-cash charges	8,173		1,943		166		7,607		17,889
Provision for income taxes	87,962		3,826		241		73		92,102
Capital expenditures, asset acquisition, and equity investments, net of cash acquired	45,817		2,403		603		988		49,811
Total assets	1,352,988		202,631		31,832		(103,326)		1,484,125


(in thousands)	North America		Europe		Asia/ Pacific		Administrative & All Other		Total
2020
Net sales	$	1,101,891	$	156,713	$	9,341	$	—	$	1,267,945
Sales to other segments *	2,554		5,576		25,320		—		33,450
Income (loss) from operations	249,252		8,396		308		(5,593)		252,363
Depreciation and amortization	30,218		5,856		1,709		984		38,767

Significant non-cash charges	6,929		1,226		376		4,975		13,506
Provision for income taxes	58,201		3,817		613		(67)		62,564
Capital expenditures, including purchases of intangible assets, and business combination, net of cash acquired	29,937		4,248		705		5,816		40,706
Total assets	1,001,168		198,647		32,754		—		1,232,569


(in thousands)	North America		Europe		Asia/ Pacific		Administrative & All Other		Total
2019
Net sales	$	972,849	$	155,144	$	8,546	$	—	$	1,136,539
Sales to other segments *	1,977		2,068		26,764		—		30,809
Income (loss) from operations	176,329		6,817		(731)		(1,161)		181,254
Depreciation and amortization	30,652		5,457		1,698		595		38,402

Significant non-cash charges	5,273		1,141		211		4,157		10,782
Provision for income taxes	40,452		1,934		577		1,412		44,375
Capital expenditures and business acquisitions, net of cash acquired	31,695		8,245		236		—		40,176
Total assets	1,269,545		169,785		30,055		(374,019)		1,095,366

* Sales to other segments are eliminated in consolidation.

Schedule of net sales and long-lived assets by geographical segments

The following table shows the geographic distribution of the Company’s net sales and long-lived assets as of December 31, 2021, 2020 and 2019, respectively:


	2021				2020				2019
(in thousands)	Net Sales		Long-Lived Assets		Net Sales		Long-Lived Assets		Net Sales		Long-Lived Assets
United States	$	1,287,085	$	228,623	$	1,045,509	$	215,082	$	921,703	$	210,349
Canada	70,401		2,861		52,889		3,059		47,948		1,181
United Kingdom	37,408		1,851		24,290		2,073		26,376		1,683
Germany	29,970		9,999		24,069		11,163		22,357		10,529
France	50,445		5,988		40,672		7,095		39,969		7,010
Poland	13,909		2,496		11,648		2,779		11,826		2,770
Sweden	17,003		2,664		15,241		2,986		13,792		1,762
Denmark	13,964		2,281		11,931		2,445		10,761		2,235
Norway	12,736		—		11,138		—		11,238		—
Switzerland	5,928		6,784		5,246		8,172		5,600		7,781
Australia	8,120		201		5,749		134		4,939		110
Belgium	6,818		2,349		5,311		2,268		5,605		1,913
The Netherlands	4,834		39		4,526		61		4,019		93
New Zealand	5,160		160		3,593		167		3,606		166
Chile	5,455		31		3,493		49		3,198		28
Other countries	3,981		8,463		2,640		9,797		3,602		10,647
	$	1,573,217	$	274,790	$	1,267,945	$	267,330	$	1,136,539	$	258,257

Schedule of distribution of the Company's net sales by product group

The following table shows the distribution of the Company’s net sales by product for the years ended December 31, 2021, 2020 and 2019, respectively:


(in thousands)	2021		2020		2019
Wood Construction	$	1,361,113	$	1,082,877	$	948,768
Concrete Construction	210,780		184,631		187,462
Other	1,324		437		309
Total	$	1,573,217	$	1,267,945	$	1,136,539