XML 40 R29.htm IDEA: XBRL DOCUMENT
v3.24.3

Revenue from Contract with Customers (Tables) | 9 Months Ended
--- | ---
Sep. 29, 2024
Revenue from Contract with Customer [Abstract] |
Disaggregation of Revenue | The following table disaggregates our consolidated revenue by major sales distribution channels and by shipping location for the thirteen and thirty-nine weeks ended September 29, 2024 and September 24, 2023.
|  | 13 Weeks Ended |  | 39 Weeks Ended
(U.S. Dollars presented in millions) |  | September 29, 2024 |  | September 24, 2023 |  | September 29, 2024 |  | September 24, 2023
Net Sales by Channel(a) |  |  |  |  |  |  |  |
Dealers(b) |  | $ | 393.2 |  |  | $ | 368.1 |  |  | $ | 1,060.9 |  |  | $ | 1,093.6 |
Retailers(c) |  | 231.1 |  |  | 230.3 |  |  | 705.7 |  |  | 726.8 |
Builders (d) |  | 93.8 |  |  | 78.9 |  |  | 266.1 |  |  | 228.7 |
Net sales |  | $ | 718.1 |  |  | $ | 677.3 |  |  | $ | 2,032.7 |  |  | $ | 2,049.1 |
Net Sales by Shipping Location |  |  |  |  |  |  |  |
United States |  | $ | 687.3 |  |  | $ | 642.9 |  |  | $ | 1,939.4 |  |  | $ | 1,942.7 |
Canada |  | 26.3 |  |  | 30.1 |  |  | 80.2 |  |  | 94.7 |
Mexico |  | 4.5 |  |  | 4.3 |  |  | 13.1 |  |  | 11.7 |
Net sales |  | $ | 718.1 |  |  | $ | 677.3 |  |  | $ | 2,032.7 |  |  | $ | 2,049.1 |
(a) Net sales by channel presented for the thirteen and thirty-nine weeks ended September 24, 2023 have been reclassified to conform with the new format of this table, which is intended to provide a consolidated view of our net sales by channel and shipping location. Prior to our Annual Report on Form 10-K for the fiscal year ended December 31, 2023, net sales by channel were presented for our domestic sales only. (b) Represents sales to dealers whose end customers include builders, professional trades and home remodelers, inclusive of sales through our dealers’ respective internet website portals. (c) Represents sales to “Do-It-Yourself” retailers, including our two largest customers: 1) Lowe’s and 2) The Home Depot, inclusive of sales through their respective internet website portals. (d) Represents sales directly to builders.
Accounts Receivable, Allowance for Credit Loss | The following table summarizes the activity for the thirteen and thirty-nine weeks ended September 29, 2024 and September 24, 2023:
|  | 13 Weeks Ended |  | 39 Weeks Ended
(U.S. Dollars presented in millions) |  | September 29, 2024 |  | September 24, 2023 |  | September 29, 2024 |  | September 24, 2023
Beginning balance |  | $ | 2.8 |  |  | $ | 6.1 |  |  | $ | 4.6 |  |  | $ | 11.6 |
Bad debt provision |  | — |  |  | 0.8 |  |  | 0.1 |  |  | 1.5 |
Uncollectible accounts written off, net of recoveries |  | (0.2) |  |  | (1.6) |  |  | (2.1) |  |  | (7.8) |
Ending balance |  | $ | 2.6 |  |  | $ | 5.3 |  |  | $ | 2.6 |  |  | $ | 5.3 |

X
- Definition Tabular disclosure of allowance for credit loss on accounts receivable. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 326 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 13 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479319/326-20-50-13 + Details
Name: | us-gaap_AccountsReceivableAllowanceForCreditLossTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 5 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-5 + Details
Name: | us-gaap_DisaggregationOfRevenueTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_RevenueFromContractWithCustomerAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration