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Segment Information
6 Months Ended
Jun. 30, 2018
Segment Reporting [Abstract]  
Segment Information
Segment Information
 
We operate our business using two reportable segments: Wood Products and Building Materials Distribution. Corporate and Other results are presented as reconciling items to arrive at total net sales and operating income. There are no differences in our basis of measurement of segment profit or loss from those disclosed in Note 14, Segment Information, of the Notes to Consolidated Financial Statements in "Item 8. Financial Statements and Supplementary Data" in our 2017 Form 10-K.

Wood Products and Building Materials Distribution segment sales to external customers, including related parties, by product line are as follows:

 
 
Three Months Ended
June 30
 
Six Months Ended
June 30
 
 
2018
 
2017
 
2018
 
2017
 
 
(millions)
Wood Products
 
 
 
 
 
 
 
 
LVL (a)
 
$
9.8

 
$
9.3

 
$
23.2

 
$
25.3

I-joists (a)
 
7.9

 
7.6

 
17.8

 
18.7

Other engineered wood products (a)
 
5.8

 
5.4

 
12.3

 
10.4

Plywood and veneer
 
96.7

 
79.2

 
183.7

 
151.6

Lumber
 
25.0

 
22.5

 
49.9

 
43.5

Byproducts (b)
 
22.8

 
13.4

 
44.9

 
27.3

Particleboard
 
11.8

 
11.7

 
22.6

 
22.5

Other
 
14.7

 
9.1

 
30.2

 
17.7

 
 
194.3

 
158.2

 
384.8

 
317.0

 
 
 
 
 
 
 
 
 
Building Materials Distribution  
 
 
 
 
 
 
 
 
Commodity
 
602.7

 
453.8

 
1,093.2

 
832.8

General line
 
392.9

 
341.6

 
708.1

 
617.4

Engineered wood products
 
218.2

 
185.3

 
404.8

 
346.2

 
 
1,213.8

 
980.7

 
2,206.1

 
1,796.4

 
 
$
1,408.1

 
$
1,138.9

 
$
2,591.0

 
$
2,113.4

 ___________________________________ 

(a)
Amounts represent sales to external customers. Sales are calculated after intersegment sales eliminations to our Building Materials Distribution segment, as well as the cost of EWP rebates and sales allowances provided at various stages of the supply chain (including distributors, retail lumberyards, and professional builders). For six months ended June 30, 2018, approximately 73% of Wood Products' EWP sales volumes were to our Building Materials Distribution segment.

(b)
As discussed in Note 3, Revenues, prior period amounts have not been adjusted under the modified retrospective method upon adoption of ASC Topic 606, Revenue from Contracts with Customers.
 
An analysis of our operations by segment is as follows: 
 
Three Months Ended
June 30
 
Six Months Ended
June 30
 
2018
 
2017
 
2018
 
2017
 
(thousands)
Net sales by segment
 
 
 
 


 
 
Wood Products
$
425,483

 
$
350,277

 
$
823,474

 
$
675,934

Building Materials Distribution
1,213,783

 
980,706

 
2,206,164

 
1,796,389

Intersegment eliminations and other (a)
(231,134
)
 
(192,044
)
 
(438,665
)
 
(358,941
)
Total net sales
$
1,408,132

 
$
1,138,939

 
$
2,590,973

 
$
2,113,382

 
 
 
 
 
 
 
 
Segment operating income
 
 
 
 
 
 
 
Wood Products
$
36,482

 
$
15,395

 
$
62,603

 
$
22,783

Building Materials Distribution
47,713

 
34,509

 
80,101

 
54,474

Total segment operating income
84,195

 
49,904

 
142,704

 
77,257

Unallocated corporate and other
(10,139
)
 
(7,405
)
 
(16,844
)
 
(13,633
)
Income from operations
$
74,056

 
$
42,499

 
$
125,860

 
$
63,624

___________________________________ 
 
(a)
Primarily represents intersegment sales from our Wood Products segment to our Building Materials Distribution segment.