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Revenue Recognition (Tables)
12 Months Ended
Dec. 31, 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.
Fiscal Year Ended
December 31, 2022January 1, 2022January 2, 2021
(In thousands)
Specialty products$2,871,628 $2,520,305 $1,865,125 
Structural products1,578,586 1,756,873 1,232,203 
Total net sales$4,450,214 $4,277,178 $3,097,328 
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 non-warehouse locations, 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.
Fiscal Year Ended
December 31, 2022January 1, 2022January 2, 2021
(In thousands)
Warehouse and reload$3,714,898 $3,513,277 $2,617,850 
Direct815,864 832,871 525,650 
Cash discounts and rebates(80,548)(68,970)(46,172)
Total net sales$4,450,214 $4,277,178 $3,097,328