Segment Information (Tables)

6 Months Ended

Jun. 30, 2022

Segment Reporting [Abstract]

Schedule of performance of reportable segments

The following tables illustrate certain measurements used by management to assess the performance of its reportable segments as of or the following periods:

	Three Months Ended June 30,				Six Months Ended June 30,
(in thousands)	2022		2021		2022		2021
Net Sales
North America	$	456,410	$	350,557	$	895,140	$	651,120
Europe	133,238		56,438		184,689		100,734
Asia/Pacific	3,584		3,286		6,973		6,068
Total	$	593,232	$	410,281	$	1,086,802	$	757,922
Sales to Other Segments*
North America	$	1,441	$	221	$	2,575	$	917
Europe	1,271		1,551		2,955		3,160
Asia/Pacific	7,940		5,465		16,506		13,993
Total	$	10,652	$	7,237	$	22,036	$	18,070
Income (Loss) from Operations **
North America	$	137,291	$	101,190	$	273,064	$	174,215
Europe	5,560		5,873		4,189		8,164
Asia/Pacific	100		203		664		628
Administrative and all other	(9,875)		(5,538)		(20,403)		(12,895)
Total	$	133,076	$	101,728	$	257,514	$	170,112

*    Sales to other segments are eliminated in consolidation.

**    Beginning in 2022, the Company changed its presentation of its North America and Administrative and all other segment's statement of operations to display allocated expenses and management fees as a separate item below income from operations. During 2021, allocated expenses and management fees between the two segments were previously included in gross profit, operating expenses and in income from operations and been adjusted herein to conform to 2022 presentation. Consolidated income of operations, income before tax and net income for all periods presented below are not affected by the change of operations.

					At
	At June 30,				December 31,
(in thousands)	2022		2021		2021
Total Assets
North America	$	1,225,176	$	1,189,835	$	1,352,988
Europe	689,621		205,065		202,631
Asia/Pacific	34,981		31,774		31,832
Administrative and all other	535,690		(52,700)		(103,326)
Total	$	2,485,468	$	1,373,974	$	1,484,125

Schedule of net sales distributed by product group

The table below illustrates the distribution of the Company’s sales by product group as additional information for the following periods:

	Three Months Ended June 30,				Six Months Ended June 30,
(in thousands)	2022		2021		2022		2021
Wood construction products	$	514,832	$	355,787	$	950,191	$	657,365
Concrete construction products	78,209		54,305		136,185		99,828
Other	191		189		426		729
Total	$	593,232	$	410,281	$	1,086,802	$	757,922