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Segment Information (Tables)

9 Months Ended

Sep. 30, 2023

Segment Reporting [Abstract]

Schedule of Segment Sales to External Customers

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

			Three Months Ended September 30												Nine Months Ended September 30
			2023						2022						2023						2022
			(millions)
Wood Products (a)
LVL (b)			$	11.0					$	12.3					$	32.7					$	4.5
I-joists (b)			5.7						5.7						19.7						(9.0)
Other engineered wood products (b)			8.5						10.3						25.7						35.2
Plywood and veneer			90.6						115.4						275.7						388.8
Lumber			21.0						21.7						68.2						60.2
Byproducts			21.0						23.9						68.4						62.3
Other			6.4						8.4						17.6						17.1
			164.2						197.8						508.0						559.2
Building Materials Distribution
Commodity			623.9						775.0						1,785.0						2,833.1
General line			658.6						691.0						1,839.6						2,006.8
Engineered wood products			387.8						490.7						1,061.4						1,359.9
			1,670.3						1,956.8						4,686.0						6,199.8
			$	1,834.4					$	2,154.6					$	5,194.0					$	6,759.0

 ___________________________________  

(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 both the nine months ended September 30, 2023 and 2022, approximately 78% of Wood Products' EWP sales volumes were to our BMD segment.

Schedule of Analysis of Operations by Segment

An analysis of our operations by segment is as follows:

			Three Months Ended September 30												Nine Months Ended September 30
			2023						2022						2023						2022
			(thousands)
Net sales by segment
Wood Products			$	515,225					$	595,320					$	1,482,926					$	1,690,294
Building Materials Distribution			1,670,296						1,956,802						4,686,076						6,199,835
Intersegment eliminations (a)			(351,080)						(397,475)						(975,013)						(1,131,128)
Total net sales			$	1,834,441					$	2,154,647					$	5,193,989					$	6,759,001
Segment operating income
Wood Products			$	99,574					$	155,972					$	273,004					$	500,189
Building Materials Distribution			97,076						154,436						265,311						534,636
Total segment operating income			196,650						310,408						538,315						1,034,825
Unallocated corporate costs			(11,017)						(11,038)						(35,105)						(32,752)
Income from operations			$	185,633					$	299,370					$	503,210					$	1,002,073

___________________________________ 

(a)    Primarily represents intersegment sales from our Wood Products segment to our BMD segment.

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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