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Segment Information (Tables)

12 Months Ended

Dec. 31, 2018

Segment Reporting [Abstract]

Sales by product line [Table Text Block]

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

		Year Ended December 31
		2018				2017				2016
		(millions)
Wood Products (a)
LVL		$	42.2			$	45.5			$	76.4
I-joists		29.3				35.2				56.0
Other engineered wood products		25.3				22.0				22.0
Plywood and veneer		336.2				324.4				316.8
Lumber		86.0				87.6				87.2
Byproducts (b)		87.3				53.2				56.0
Particleboard		37.5				46.0				49.3
Other		63.9				44.4				19.9
		707.7				658.3				683.6
Building Materials Distribution
Commodity		2,070.1				1,808.2				1,503.0
General line		1,421.5				1,269.5				1,141.9
Engineered wood products		796.0				696.0				582.3
		4,287.6				3,773.7				3,227.2
		$	4,995.3			$	4,432.0			$	3,910.8

  ___________________________________ 

(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 the year ended December 31, 2018, approximately 74% 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.

Segment information [Table Text Block]

An analysis of our operations by segment is as follows:

	Year Ended December 31
	2018				2017				2016
	(thousands)
Net sales by segment
Wood Products	$	1,533,270			$	1,373,760			$	1,280,415
Building Materials Distribution	4,287,702				3,773,810				3,227,207
Intersegment eliminations and other (a)	(825,682		)		(715,579		)		(596,407		)
Total net sales	$	4,995,290			$	4,431,991			$	3,911,215
Segment operating income (loss)
Wood Products	$	(10,022	)		$	53,629			$	25,929
Building Materials Distribution	112,510				116,760				84,359
Total segment operating income	102,488				170,389				110,288
Unallocated corporate costs	(30,450		)		(28,976		)		(25,597		)
Income from operations	$	72,038			$	141,413			$	84,691
Depreciation and amortization
Wood Products (b)	$	126,989			$	63,115			$	57,521
Building Materials Distribution	18,280				15,504				13,762
Corporate	1,568				1,760				1,564
Total depreciation and amortization	$	146,837			$	80,379			$	72,847
Capital expenditures
Wood Products (c)	$	53,392			$	54,600			$	282,403
Building Materials Distribution (d)	51,306				19,301				15,846
Corporate	771				1,549				1,234
Total capital expenditures	$	105,469			$	75,450			$	299,483

__________________ 

(a) Primarily represents intersegment sales from our Wood Products segment to our Building Materials Distribution segment. During 2018, 2017, and 2016, approximately 54%, 52%, and 47%, respectively, of Wood Products' overall sales were to our Building Materials Distribution segment.

(b) Depreciation and amortization for Wood Products includes $55.0 million of accelerated depreciation to fully depreciate the curtailed LVL production assets at our Roxboro, North Carolina facility during fourth quarter 2018. For more information, see Note 6, Curtailment of Manufacturing Facility.

(c) Capital spending in 2016 for Wood Products includes $215.9 million for the acquisition of two EWP facilities.

(d) Capital spending in 2018 for Building Materials Distribution includes $25.5 million for the acquisition of three wholesale building material distribution locations. For more information, see Note 8, Acquisitions.

	December 31
	2018				2017
	(thousands)
Assets
Wood Products	$	690,400			$	783,533
Building Materials Distribution	699,261				635,208
Corporate	191,587				188,452
Total assets	$	1,581,248			$	1,607,193

X

- Definition

Tabular disclosure of entity-wide revenues from external customers for each product or service or each group of similar products or services if the information is not provided as part of the reportable operating segment information.

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