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Revenue Recognition (Tables) | 6 Months Ended
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Jul. 02, 2022
Revenue from Contract with Customer [Abstract] |
Schedule of Revenues Disaggregated by Revenue Source and Sales Channel | The following table presents our revenues disaggregated by revenue source. Sales and usage-based taxes are excluded from revenues.
| Three Months Ended |  | Six Months Ended
Product type | July 2, 2022 |  | July 3, 2021 |  | July 2, 2022 |  | July 3, 2021
| (In thousands) |  | (In thousands)
Specialty products | $ | 787,860 |  |  | $ | 675,189 |  |  | $ | 1,555,767 |  |  | $ | 1,237,811 |
Structural products | 451,519 |  |  | 632,724 |  |  | 985,917 |  |  | 1,095,571 |
Total net sales | $ | 1,239,379 |  |  | $ | 1,307,913 |  |  | $ | 2,541,684 |  |  | $ | 2,333,382 |
The following table presents our revenues disaggregated by sales channel. Warehouse sales are delivered from our warehouses. Reload sales are similar to warehouse sales but are shipped from warehouses, most of which are operated by third-parties, where we store owned products to enhance our operating efficiencies. This channel is employed primarily to service strategic customers that would be less economical to service from our warehouses, and to distribute large volumes of imported products from port facilities. Direct sales are shipped from the manufacturer to the customer without our taking physical possession of the inventory and, as a result, typically generate lower margins than our warehouse and reload distribution channels. This distribution channel requires the lowest amount of committed capital and fixed costs. Sales and usage-based taxes are excluded from revenues.
| Three Months Ended |  | Six Months Ended
Sales channel | July 2, 2022 |  | July 3, 2021 |  | July 2, 2022 |  | July 3, 2021
| (In thousands) |  | (In thousands)
Warehouse and reload | $ | 1,020,341 |  |  | $ | 1,062,149 |  |  | $ | 2,098,287 |  |  | $ | 1,911,569 |
Direct | 240,235 |  |  | 265,280 |  |  | 486,887 |  |  | 456,409 |
Customer discounts and rebates | (21,197) |  |  | (19,516) |  |  | (43,490) |  |  | (34,596) |
Total net sales | $ | 1,239,379 |  |  | $ | 1,307,913 |  |  | $ | 2,541,684 |  |  | $ | 2,333,382 |

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- 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 -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 5 -URI https://asc.fasb.org/extlink&oid=126920106&loc=SL49130545-203045 + Details
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