XML 83 R49.htm IDEA: XBRL DOCUMENT v3.25.0.1

Segment Information (Tables)

12 Months Ended

Dec. 31, 2024

Segment Reporting [Abstract]

Schedule of performance of reportable segments

The following table presents financial information of each segment that is used by the CODM to assess the performance of segments for periods ended December 31, 2024, 2023 and 2022, respectively:

(in thousands)			North America						Europe						Asia/ Pacific						Administrative & All Other						Total
2024
Net sales			$	1,735,879					$	479,055					$	17,205					$	—					$	2,232,139
Wood Products			1,499,889						384,494						15,141						—						1,899,524
Concrete Products			233,936						94,561						2,060						—						330,557
Cost of sales			885,375						310,073						11,407						(567)						1,206,288
Gross profit			850,504						168,982						5,798						567						1,025,851
Research and development, and other engineering expenses			84,246						8,514						816						—						93,576
Selling expenses			164,947						51,005						3,450						—						219,402
General and administrative expenses			161,958						72,181						1,851						41,542						277,532
Sales to other segments *			3,263						4,764						33,407						—						41,434
Income from operations			439,567						33,806						(294)						(43,104)						429,975
Depreciation and amortization			49,139						31,747						2,630						1,883						85,399
Significant non-cash charges			12,895						1,607						275						4,245						19,022
Provision for income taxes			98,960						9,332						1,271						2,256						111,819
Business acquisitions, net of cash acquired; capital expenditures; asset acquisitions; and equity investments			243,728						13,863						3,280						273						261,144
Total assets			2,062,552						687,955						48,769						(63,108)						2,736,168

(in thousands)			North America						Europe						Asia/ Pacific						Administrative & All Other						Total
2023
Net sales			$	1,716,422					$	480,756					$	16,625					$	—					$	2,213,803
Wood Products			1,491,848						385,134						14,467						—						1,891,449
Concrete Products			222,720						95,621						2,159						—						320,500
Cost of sales			853,864						303,708						10,946						1,530						1,170,048
Gross profit			862,558						177,048						5,679						(1,530)						1,043,755
Research and development, and other engineering expenses			84,539						7,523						105						—						92,167
Selling expenses			150,616						50,553						2,811						—						203,980
General and administrative expenses			154,241						68,578						2,229						43,055						268,103
Sales to other segments *			4,718						5,900						29,040						—						39,658
Income from operations			473,229						45,998						535						(44,613)						475,149
Depreciation and amortization			40,883						29,668						2,226						1,930						74,707
Significant non-cash charges			13,344						2,379						515						7,658						23,896
Provision for income taxes			109,722						11,435						1,313						90						122,560
Business acquisitions, net of cash acquired; capital expenditures; asset acquisitions; and equity investments			92,725						21,975						6,402						(7,605)						113,497
Total assets			1,745,341						716,396						38,719						204,268						2,704,724

(in thousands)			North America						Europe						Asia/ Pacific						Administrative & All Other						Total
2022
Net sales			$	1,701,041					$	400,303					$	14,743					$	—					$	2,116,087
Wood Products			1,496,062						323,065						12,453						—						1,831,580
Concrete Products			202,687						77,228						2,290						—						282,205
Cost of sales			890,384						274,687						9,834						(111)						1,174,794
Gross profit			810,657						125,616						4,909						111						941,293
Research and development, and other engineering expenses			62,676						5,467						254						(43)						68,354
Selling expenses			126,990						39,872						2,509						7						169,378
General and administrative expenses			135,163						52,958						1,462						38,885						228,468
Sales to other segments *			4,862						5,732						32,979						—						43,573
Income from operations			485,899						11,121						723						(38,676)						459,067
Depreciation and amortization			36,003						22,594						1,730						563						60,890
Significant non-cash charges			7,504						1,099						510						5,868						14,981
Provision for income taxes			112,537						1,193						1,091						(751)						114,070
Business acquisitions, net of cash acquired; capital expenditures; asset acquisitions; and equity investments			54,594						817,163						1,173						2,871						875,801
Total assets			1,393,968						675,634						34,599						399,770						2,503,971

 * Sales to other segments are eliminated upon 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, 2024, 2023 and 2022, respectively:

 

			2024												2023												2022
(in thousands)			Net Sales						Long-Lived Assets						Net Sales						Long-Lived Assets						Net Sales						Long-Lived Assets
United States			$	1,640,669					$	439,326					$	1,630,359					$	305,564					$	1,615,728					$	273,407
France			225,336						54,807						223,562						62,547						170,904						90,296
Canada			90,220						2,799						81,404						2,722						81,036						2,571
Italy			56,042						24,869						62,428						25,245						47,294						4,342
Germany			48,134						12,273						45,319						12,077						42,954						11,507
Poland			45,528						11,452						39,978						10,836						27,803						2,721
United Kingdom			29,310						2,286						32,058						2,352						37,349						1,898
Belgium			17,549						1,723						18,802						2,297						15,032						2,182
Sweden			13,946						2,192						15,342						2,579						16,156						2,369
Denmark			12,746						4,614						12,318						3,734						12,610						1,015
Australia			12,196						1,181						11,351						800						9,468						245
Norway			8,391						—						9,635						852						12,241						—
Other countries			32,072						17,461						31,247						19,487						27,512						11,496
			$	2,232,139					$	574,983					$	2,213,803					$	451,092					$	2,116,087					$	404,049

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, 2024, 2023 and 2022, respectively:

(in thousands)			2024						2023						2022
Wood Construction			$	1,899,524					$	1,891,449					$	1,831,580
Concrete Construction			330,557						320,500						282,205
Other			2,058						1,854						2,302
Total			$	2,232,139					$	2,213,803					$	2,116,087

X

- Definition

Tabular disclosure of the Company's net sales is distributed by product information that is included in the discussion of the nature of the entity's operations.

+ References

No definition available.

+ Details

Name:	ssd_ScheduleOfRevenueDistributedByProductInformationTableTextBlock
Namespace Prefix:	ssd_
Data Type:	dtr-types1:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of information concerning material long-lived assets (excluding financial instruments, customer relationships with financial institutions, mortgage and other servicing rights, deferred policy acquisition costs, and deferred taxes assets) located in identified geographic areas and/or the amount of revenue from external customers attributed to that country from which revenue is material. An entity may also provide subtotals of geographic information about groups of countries.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 220
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 2
-Subparagraph (SX 210.5-03(1))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147483621/220-10-S99-2

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 41
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-41

+ Details

Name:	us-gaap_ScheduleOfRevenuesFromExternalCustomersAndLongLivedAssetsByGeographicalAreasTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- 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 280
-SubTopic 10
-Section 50
-Paragraph 25
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-25

Reference 2: 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 3: 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

Name:	us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_SegmentReportingAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration