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Segment Information
 12 Months Ended
Dec. 31, 2021
Segment Reporting [Abstract]  
Segment Information Segment Information
 
    We operate our business using two reportable segments: Wood Products and BMD. These segments represent distinct businesses that are managed separately because of differing products and services. Each of these businesses requires distinct operating and marketing strategies. Our chief operating decision maker reviews the performance of the company based on these segments. For a description of the products sold by our segments, see Note 3, Revenues.

    Unallocated corporate costs include corporate support staff services, related assets and liabilities, and nonqualified pension plan activity. Support services include, but are not limited to, information technology, human resources, finance, accounting, and legal functions. Specified expenses are allocated to the segments. For many of these allocated expenses, the related assets and liabilities remain in corporate.

    The segments follow the accounting principles described in Note 2, Summary of Significant Accounting Policies.
For the year ended December 31, 2021, one customer accounted for 12% of total sales and for the year ended December 31, 2020, one customer accounted for 11% of total sales, when combining sales from Wood Products and BMD to those customers. For the year ended December 31, 2019, no customers accounted for 10% or more of total sales. Sales to foreign unaffiliated customers were approximately $128 million, $71 million, and $76 million, respectively, for the years ended December 31, 2021, 2020, and 2019.

    At December 31, 2021, 2020, and 2019, and for the years then ended, long-lived assets located in foreign countries and net sales originating in foreign countries were not material.
    
    Wood Products and BMD segment sales to external customers, including related parties, by product line are as follows:
Year Ended December 31
202120202019
(millions)
Wood Products (a)
LVL (b)$4.3 $18.4 $39.5 
I-joists (b)(6.8)7.3 22.1 
Other engineered wood products (b)43.0 23.9 26.8 
Plywood and veneer539.3 332.7 255.1 
Lumber 81.8 54.7 52.5 
Byproducts71.2 68.6 75.1 
Other19.3 17.1 34.7 
752.0 522.8 505.7 
Building Materials Distribution  
Commodity3,704.7 2,309.9 1,725.4 
General line2,164.8 1,762.3 1,580.7 
Engineered wood products1,304.6 879.9 831.6 
7,174.1 4,952.0 4,137.7 
$7,926.1 $5,474.8 $4,643.4 
  ___________________________________ 

(a)Amounts represent sales to external customers. Sales are calculated after intersegment sales eliminations to our BMD segment.

(b)Sales of EWP to external customers are net of the cost of all EWP rebates and sales allowances provided at various stages of the supply chain (including distributors, dealers, and homebuilders). For the years ended December 31, 2021, 2020, and 2019, approximately 78%, 80%, and 77%, respectively, of Wood Products' EWP sales volumes were to our BMD segment.



An analysis of our operations by segment is as follows:
 Year Ended December 31
 202120202019
 (thousands)
Net sales by segment
Wood Products$1,970,804 $1,323,901 $1,275,167 
Building Materials Distribution7,174,278 4,952,018 4,137,719 
Intersegment eliminations (a)(1,218,971)(801,081)(769,482)
Total net sales$7,926,111 $5,474,838 $4,643,404 
Segment operating income (loss)
Wood Products (b)$531,235 $127,720 $54,197 
Building Materials Distribution481,085 247,494 116,236 
Total segment operating income1,012,320 375,214 170,433 
Unallocated corporate costs(40,517)(40,185)(33,974)
Income from operations$971,803 $335,029 $136,459 
Depreciation and amortization
Wood Products (c)$55,249 $71,141 $57,671 
Building Materials Distribution24,007 22,460 20,769 
Corporate1,497 1,568 1,701 
Total depreciation and amortization$80,753 $95,169 $80,141 
Capital expenditures
Wood Products$48,280 $38,230 $53,460 
Building Materials Distribution (d)57,557 39,976 40,722 
Corporate681 1,223 4,214 
Total capital expenditures$106,518 $79,429 $98,396 
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(a)Primarily represents intersegment sales from our Wood Products segment to our BMD segment. During 2021, 2020, and 2019, approximately 62%, 61%, and 60%, respectively, of Wood Products' overall sales were to our BMD segment.

(b)Wood Products segment operating income for the year ended December 31, 2020, included $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 6, Curtailment of Manufacturing Facility.

(c)Depreciation and amortization for Wood Products includes $15.0 million of accelerated depreciation to fully depreciate the curtailed I-joist production assets at our Roxboro, North Carolina facility during first quarter 2020. For more information, see Note 6, Curtailment of Manufacturing Facility.

(d)Capital spending in 2021 for BMD includes approximately $15 million to purchase a BMD property in Walton, Kentucky to expand our service capabilities in the Cincinnati and surrounding markets. Capital spending in 2019 for BMD includes $15.7 million for the acquisition of a wholesale building material distribution location in Birmingham, Alabama. For more information, see Note 7, Acquisitions.

 December 31
 20212020
 (thousands)
Assets
Wood Products$720,811 $605,359 
Building Materials Distribution1,192,365 957,177 
Corporate659,464 403,182 
Total assets$2,572,640 $1,965,718