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Segment Information
 6 Months Ended
Jun. 30, 2025
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 financial information of these segments is available and utilized by the Chief Executive Officer, the Company’s CODM, to assess the segments’ performance. The primary measurements used to measure the financial performance of the segments are revenue, gross margins, and operating margins to decide whether to reinvest the profits, make acquisitions, pay down debt or borrow, or to return capital to shareholders via dividends and share repurchases.

The three regional segments are the North America segment (comprised primarily of the Company’s operations in the U.S. 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 Administrative & All Other column primarily includes expenses such as self-insured workers compensation claims for employees, stock-based compensation for certain members of management, interest expense, foreign exchange gains or losses and income tax expense, as well as revenues and expenses related to real estate activities. The following table presents financial information of each segment that is used by the CODM to assess the performance of segments for three and six months ended June 30, 2025 and 2024:
The following table illustrates certain measurements used by management to assess the performance of the segments described above as of or the following periods:
(in thousands)North
America		EuropeAsia/
Pacific		Administrative
& All Other		Total
Three months ended June 30, 2025
Net sales$492,687 $133,398 $4,970 $— $631,055 
Wood Products425,789 105,814 3,958 — 535,561 
Concrete Products65,839 27,584 979 — 94,402 
Cost of sales247,242 85,123 3,434 806 336,605 
Gross profit245,445 48,275 1,536 (806)294,450 
Research and development, and other engineering expenses18,019 2,344 404 — 20,767 
Selling expenses42,870 12,638 935 — 56,443 
General and administrative expenses48,211 17,605 345 11,027 77,188 
Sales to other segments *846 1,854 8,015 — 10,715 
Income from operations136,489 15,669 (86)(11,828)140,244 
Depreciation and amortization11,498 8,152 539 806 20,995 
Significant non-cash charges3,496 495 101 2,367 6,459 
Provision for income taxes32,589 3,091 231 3 35,914 
Business Acquisition; capital expenditures; asset acquisitions, net of cash acquired; and equity investments29,491 2,782 308 8,439 41,020 

(in thousands)
North
America		EuropeAsia/
Pacific		Administrative
& All Other		Total
Three months ended June 30, 2024
Net sales$463,022 $129,877 $4,079 $— $596,978 
Wood Products403,561 103,083 3,482 — 510,126 
Concrete Products59,056 26,794 597 — 86,447 
Cost of sales231,441 83,928 2,593 469 318,431 
Gross profit231,581 45,949 1,486 (469)278,547 
Research and development, and other engineering expenses17,474 2,326 148 — 19,948 
Selling expenses40,254 13,412 828 — 54,494 
General and administrative expenses41,936 17,528 822 10,281 70,567 
Sales to other segments *858 1,411 10,717 — 12,986 
Income from operations132,055 12,145 (302)(11,712)132,186 
Depreciation and amortization10,636 7,631 541 561 19,369 
Significant non-cash charges3,102 595 49 1,335 5,081 
Provision for income taxes33,542 2,905 286 (1,874)34,859 
Business Acquisition; capital expenditures; asset acquisitions, net of cash acquired; and equity investments50,288 4,329 904 2,540 58,061 
(in thousands) North
America		EuropeAsia/
Pacific		Administrative
& All Other		Total
Six months ended June 30, 2025
Net sales$913,386 $247,258 $9,306 $— $1,169,950 
Wood Products788,556 199,689 7,599 — 995,844 
Concrete Products122,842 47,569 1,676 — 172,087 
Cost of sales457,040 158,961 6,046 1,413 623,460 
Gross profit456,346 88,297 3,260 (1,413)546,490 
Research and development, and other engineering expenses35,527 4,476 603 — 40,606 
Selling expenses83,932 24,945 1,730 — 110,607 
General and administrative expenses95,702 33,882 716 22,554 152,854 
Sales to other segments *1,585 4,043 16,649 — 22,277 
Income from operations241,337 24,978 273 (24,025)242,563 
Depreciation and amortization22,153 15,843 1,105 2,178 41,279 
Significant non-cash charges8,325 1,134 169 3,315 12,943 
Provision for income taxes55,759 6,033 594 124 62,510 
Business Acquisition; capital expenditures; asset acquisitions, net of cash acquired; and equity investments72,999 5,890 458 11,838 91,185 
Total assets as of June 30, 20252,253,295 789,658 49,289 (127,839)2,964,403 

(in thousands) North
America		EuropeAsia/
Pacific		Administrative
& All Other		Total
Six months ended June 30, 2024
Net sales$869,771 $249,814 $7,972 $— $1,127,557 
Wood Products753,584 201,458 6,825 — 961,867 
Concrete Products115,675 48,356 1,146 — 165,177 
Cost of sales437,654 160,053 5,810 939 604,456 
Gross profit432,117 89,761 2,162 (939)523,101 
Research and development, and other engineering expenses34,616 4,282 316 — 39,214 
Selling expenses79,810 26,363 1,585 — 107,758 
General and administrative expenses86,973 36,225 1,148 20,303 144,649 
Sales to other segments *1,698 2,662 17,569 — 21,929 
Income from operations230,960 20,402 (877)(22,204)228,281 
Depreciation and amortization20,847 15,449 1,140 1,123 38,559 
Significant non-cash charges6,573 1,500 101 2,253 10,427 
Provision for income taxes55,296 5,847 283 (3,579)57,847 
Business Acquisition; capital expenditures; asset acquisitions, net of cash acquired; and equity investments82,631 7,172 1,523 6,147 97,473 
Total assets as of June 30, 20241,905,699 723,791 43,594 100,277 2,773,361 
            
*    Sales to other segments are eliminated upon consolidation.
Cash collected by the Company’s U.S. subsidiaries is routinely transferred into the Company’s cash management accounts and, therefore is in the total assets of “Administrative and all other.” Cash and cash equivalent balances in the “Administrative and all other” segment were $105.9 million and $249.2 million as of June 30, 2025 and 2024, respectively. As of June 30, 2025, the Company had $82.0 million or 43.0% of its cash and cash equivalents held outside the U.S. in accounts belonging to the Company’s various foreign operating entities. The majority of this balance is held in foreign currencies and could be subject to
additional taxation if repatriated to the U.S.

The Company’s 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 and commercial construction market. Its concrete construction products include adhesives, specialty chemicals, mechanical anchors, carbide drill bits, powder actuated tools and reinforcing fiber materials and are used for restoration, protection or strengthening concrete, masonry and steel construction in residential, industrial, commercial and infrastructure construction. The following
table illustrates the distribution of the Company’s net sales by product group as additional information for the three and six months ended June 30, 2025 and 2024:
Three Months Ended June 30,Six Months Ended June 30,
(in thousands)2025202420252024
Wood construction products$535,561 $510,126 $995,844 $961,867 
Concrete construction products94,402 86,447 172,087 165,177 
Other1,092 405 2,019 513 
Total$631,055 $596,978 $1,169,950 $1,127,557