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Segment Information (Tables) | 3 Months Ended
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Mar. 31, 2024
Segment Reporting [Abstract] |
Schedule of performance of reportable segments | The following table illustrates certain measurements used by management to assess the performance of the segments described above as of or the following periods:
| Three Months Ended March 31, |
(in thousands) | 2024 | 2023 |  |
Net Sales |  |  |  |
North America | $ | 406,749 |  | $ | 406,330 |  |  |
Europe | 119,938 |  | 124,215 |  |  |
Asia/Pacific | 3,892 |  | 3,885 |  |  |
Total | $ | 530,579 |  | $ | 534,430 |  |  |
Sales to Other Segments* |  |  |  |
North America | $ | 841 |  | $ | 1,168 |  |  |
Europe | 1,251 |  | 1,613 |  |  |
Asia/Pacific | 6,852 |  | 5,902 |  |  |
Total | $ | 8,944 |  | $ | 8,683 |  |  |
Income (Loss) from Operations |  |  |  |
North America | $ | 98,904 |  | $ | 114,393 |  |  |
Europe | 8,258 |  | 13,470 |  |  |
Asia/Pacific | (575) |  | (138) |  |  |
Administrative and all other | (10,489) |  | (9,362) |  |  |
Total | $ | 96,098 |  | $ | 118,363 |  |  |
* Sales to other segments are eliminated upon consolidation.
|  |  | As of
| As of March 31, | December 31,
(in thousands) | 2024 | 2023 | 2023
Total Assets |  |  |
North America | $ | 1,782,890 |  | $ | 1,425,374 |  | $ | 1,745,341 |
Europe | 716,263 |  | 695,268 |  | 716,396 |
Asia/Pacific | 36,275 |  | 32,789 |  | 38,719 |
Administrative and all other | 186,518 |  | 402,203 |  | 204,268 |
Total | $ | 2,721,946 |  | $ | 2,555,634 |  | $ | 2,704,724 |
Schedule of net sales distributed by product group | The following table illustrates the distribution of the Company’s net sales by product group as additional information for the three months ended March 31, 2024 and 2023:
| Three Months Ended March 31, |
(in thousands) | 2024 |  | 2023 |  |  |
Wood construction products | $ | 449,513 |  |  | $ | 454,758 |  |  |  |
Concrete construction products | 78,730 |  |  | 76,672 |  |  |  |
Other | 2,336 |  |  | 3,000 |  |  |  |
Total | $ | 530,579 |  |  | $ | 534,430 |  |  |  |

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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482573/350-20-50-1 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-25 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-22 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-30 + Details
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