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Segment Information (Tables)

6 Months Ended

Jun. 30, 2020

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:

						Three Months Ended June 30																		Six Months Ended June 30
						2020						2019						2020						2019
						(millions)
Wood Products (a)
LVL						$	5.3					$	12.0					$	11.3					$	23.9
I-joists						2.6						8.0						7.1						13.3
Other engineered wood products						5.2						8.6						11.6						14.3
Plywood and veneer						65.2						63.5						129.0						130.9
Lumber						12.3						14.0						24.6						27.2
Byproducts						15.7						18.0						36.4						38.0
Other						2.2						8.6						9.0						19.4
						108.5						132.7						229.0						267.1
Building Materials Distribution
Commodity						490.0						450.7						930.1						849.0
General line						448.1						429.6						845.6						753.1
Engineered wood products						196.2						217.2						408.6						403.0
						1,134.3						1,097.4						2,184.3						2,005.1
						$	1,242.8					$	1,230.1					$	2,413.3					$	2,272.2

 ___________________________________ 

(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 six months ended June 30, 2020, approximately 80% of Wood Products' EWP sales volumes were to our Building Materials Distribution segment.

Segment information [Table Text Block]

An analysis of our operations by segment is as follows: 

			Three Months Ended June 30																		Six Months Ended June 30
			2020						2019						2020						2019
			(thousands)
Net sales by segment
Wood Products			$	281,505					$	334,256					$	601,566					$	653,779
Building Materials Distribution			1,134,260						1,097,421						2,184,257						2,005,129
Intersegment eliminations (a)			(173,005)						(201,596)						(372,529)						(386,741)
Total net sales			$	1,242,760					$	1,230,081					$	2,413,294					$	2,272,167
Segment operating income
Wood Products (b)			$	17,074					$	18,908					$	20,837					$	30,538
Building Materials Distribution			43,210						33,800						72,512						51,317
Total segment operating income			60,284						52,708						93,349						81,855
Unallocated corporate costs			(8,514)						(7,576)						(16,032)						(15,069)
Income from operations			$	51,770					$	45,132					$	77,317					$	66,786

___________________________________ 

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

(b) Wood Products segment operating income for the six months ended June 30, 2020, includes $15.0 million of accelerated depreciation and $1.7 million of other closure-related costs due to the permanent curtailment of I-joist production at our Roxboro, North Carolina facility. For more information, see Note 5, Curtailment of Manufacturing Facility.

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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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.

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