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SEGMENT REPORTING (Tables) | 3 Months Ended
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Mar. 30, 2024
SEGMENT REPORTING |
Segment Reporting | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three Months Ended March 30, 2024
​ |  | Retail |  | Packaging |  | Construction |  | All Other |  | Corporate |  | Total
Net sales to outside customers | ​ | $ | 628,765 |  | $ | 424,418 | ​ | $ | 517,896 | ​ | $ | 66,947 | ​ | $ | 940 | ​ | $ | 1,638,966
Intersegment net sales | ​ |  | 59,346 | ​ | ​ | 20,926 | ​ | ​ | 20,035 | ​ | ​ | 71,257 | ​ | ​ | (171,564) | ​ |  | —
Earnings from operations | ​ | ​ | 45,980 | ​ | ​ | 31,246 | ​ | ​ | 45,342 | ​ | ​ | 3,873 | ​ | ​ | 7,382 | ​ | ​ | 133,823
​ ​ ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three Months Ended April 1, 2023
​ |  | Retail |  | Packaging |  | Construction |  | All Other |  | Corporate |  | Total
Net sales to outside customers | ​ | $ | 761,294 |  | $ | 486,561 | ​ | $ | 515,593 | ​ | $ | 55,795 | ​ | $ | 3,233 | ​ | $ | 1,822,476
Intersegment net sales | ​ |  | 223,325 | ​ | ​ | 20,050 | ​ | ​ | 25,836 | ​ | ​ | 77,487 | ​ | ​ | (346,698) | ​ |  | —
Earnings from operations | ​ | ​ | 40,258 | ​ | ​ | 54,732 | ​ | ​ | 54,248 | ​ | ​ | 4,832 | ​ | ​ | 7,638 | ​ | ​ | 161,708
Schedule of Goodwill by Segment | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | Retail |  | Packaging |  | Construction |  | All Other |  | Corporate |  | Total
Balance as of December 30, 2023 |  | $ | 84,204 |  | $ | 141,042 |  | $ | 87,805 |  | $ | 23,262 | ​ | $ | — |  | $ | 336,313
Foreign Exchange, Net |  | ​ | 11 | ​ | ​ | — | ​ | ​ | (113) | ​ | ​ | (615) | ​ | ​ | — |  | ​ | (717)
Balance as of March 30, 2024 | ​ | $ | 84,215 |  | $ | 141,042 | ​ | $ | 87,692 | ​ | $ | 22,647 | ​ | $ | — | ​ | $ | 335,596
​
Schedule of assets by segment | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | Total Assets by Segment
​ | March 30, |  | December 30, |  | ​ | ​
Segment Classification | 2024 | ​ | 2023 | ​ | % Change
Retail | $ | 966,544 | ​ | $ | 828,798 |  | 16.6 | %
Packaging |  | 794,418 | ​ |  | 798,623 |  | (0.5) | ​
Construction |  | 655,972 | ​ |  | 621,762 |  | 5.5 | ​
All Other | ​ | 310,360 | ​ | ​ | 316,481 | ​ | (1.9) | ​
Corporate | ​ | 1,351,345 | ​ | ​ | 1,452,133 | ​ | (6.9) | ​
Total Assets | $ | 4,078,639 | ​ | $ | 4,017,797 |  | 1.5 | %
Gross Sales by Major Product Classification | The following table presents our disaggregated net sales (in thousands) by business unit for each segment for the three months ended March 30, 2024, and April 1, 2023 (in thousands). ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three Months Ended | ​
​ | ​ | March 30, | ​ | April 1, | ​
​ | ​ | 2024 |  | 2023 | ​
Retail | ​ | ​ | ​ | ​ | ​ | ​ | ​
Deckorators | ​ | $ | 74,135 | ​ | $ | 77,463 | ​
ProWood | ​ |  | 525,961 | ​ |  | 651,000 | ​
UFP Edge | ​ |  | 27,284 | ​ |  | 32,552 | ​
Other | ​ |  | 1,385 | ​ |  | 279 | ​
Total Retail | ​ | $ | 628,765 | ​ | $ | 761,294 | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Packaging | ​ | ​ | ​ | ​ | ​ | ​ | ​
Structural Packaging | ​ | $ | 274,150 | ​ | $ | 328,250 | ​
PalletOne | ​ | ​ | 132,490 | ​ | ​ | 137,570 | ​
Protective Packaging | ​ | ​ | 17,778 | ​ | ​ | 20,741 | ​
Total Packaging | ​ | $ | 424,418 | ​ | $ | 486,561 | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Construction | ​ | ​ | ​ | ​ | ​ | ​ | ​
Factory Built | ​ | $ | 191,834 | ​ | $ | 167,613 | ​
Site Built | ​ |  | 221,559 | ​ |  | 221,116 | ​
Commercial | ​ | ​ | 61,384 | ​ | ​ | 72,345 | ​
Concrete Forming | ​ |  | 43,119 | ​ |  | 54,519 | ​
Total Construction | ​ | $ | 517,896 | ​ | $ | 515,593 | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
All Other | ​ | $ | 66,947 | ​ | $ | 55,795 | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Corporate | ​ | $ | 940 | ​ | $ | 3,233 | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Total Net Sales | ​ | $ | 1,638,966 | ​ | $ | 1,822,476 | ​
​

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