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Reportable Segment Information (Tables) | 6 Months Ended
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Jul. 03, 2021
Segment Reporting [Abstract] |
Reportable Segment Data | Reportable segment data reconciled to the Corporation's condensed consolidated financial statements was as follows (in thousands):
| Three Months Ended |  | Six Months Ended
| July 3, 2021 |  | June 27, 2020 |  | July 3, 2021 |  | June 27, 2020
Net Sales: |  |  |  |  |  |  |
Workplace furnishings | $ | 344,137 |  |  | $ | 308,081 |  |  | $ | 646,885 |  |  | $ | 646,467 |
Residential building products | 166,318 |  |  | 109,375 |  |  | 347,863 |  |  | 239,694 |
Total | $ | 510,455 |  |  | $ | 417,456 |  |  | $ | 994,748 |  |  | $ | 886,161 |
Income (Loss) Before Income Taxes: |  |  |  |  |  |  |
Workplace furnishings | $ | 8,756 |  |  | $ | 7,785 |  |  | $ | 5,685 |  |  | $ | (25,446) |
Residential building products | 30,525 |  |  | 14,365 |  |  | 70,374 |  |  | 35,036 |
General corporate | (14,594) |  |  | (7,308) |  |  | (28,772) |  |  | (18,476) |
Operating income (loss) | 24,687 |  |  | 14,842 |  |  | 47,287 |  |  | (8,886) |
Interest expense, net | 1,857 |  |  | 1,943 |  |  | 3,612 |  |  | 3,754 |
Total | $ | 22,830 |  |  | $ | 12,899 |  |  | $ | 43,675 |  |  | $ | (12,640) |
Depreciation and Amortization Expense: |  |  |  |  |  |  |
Workplace furnishings | $ | 12,051 |  |  | $ | 10,782 |  |  | $ | 24,035 |  |  | $ | 22,113 |
Residential building products | 2,448 |  |  | 2,318 |  |  | 4,858 |  |  | 4,624 |
General corporate | 6,177 |  |  | 6,019 |  |  | 12,246 |  |  | 11,868 |
Total | $ | 20,676 |  |  | $ | 19,119 |  |  | $ | 41,139 |  |  | $ | 38,605 |
Capital Expenditures (including capitalized software): |  |  |  |  |  |  |
Workplace furnishings | $ | 7,017 |  |  | $ | 4,293 |  |  | $ | 17,504 |  |  | $ | 11,394 |
Residential building products | 1,947 |  |  | 206 |  |  | 6,657 |  |  | 3,179 |
General corporate | 4,365 |  |  | 3,118 |  |  | 8,132 |  |  | 6,203 |
Total | $ | 13,329 |  |  | $ | 7,617 |  |  | $ | 32,293 |  |  | $ | 20,776 |
|  |  |  |  | As of July 3, 2021 |  | As of January 2, 2021
Identifiable Assets: |  |  |  |  |  |  |
Workplace furnishings |  |  |  |  | $ | 784,880 |  |  | $ | 762,780 |
Residential building products |  |  |  |  | 408,333 |  |  | 381,550 |
General corporate |  |  |  |  | 283,975 |  |  | 273,702 |
Total |  |  |  |  | $ | 1,477,188 |  |  | $ | 1,418,032 |

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- Definition 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. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8736-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8813-108599 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8906-108599 + Details
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