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Revenue Recognition
 3 Months Ended
Mar. 30, 2024
Revenue from Contract with Customer [Abstract]  
Revenue Recognition Revenue Recognition
The following table presents the Company’s revenues disaggregated by product type. Sales and usage-based taxes are excluded from revenues.
Three Months Ended
Product typeMarch 30, 2024April 1, 2023
(In thousands)
Specialty products$503,834 $567,838 
Structural products222,410 230,066 
Total net sales$726,244 $797,904 

The following table presents the Company’s revenues disaggregated by sales channel. Sales and usage-based taxes are excluded from revenues.
Three Months Ended
Sales channelMarch 30, 2024April 1, 2023
(In thousands)
Warehouse and reload$591,768 $686,632 
Direct149,750 127,095 
Customer discounts and rebates(15,274)(15,823)
Total net sales$726,244 $797,904 

Warehouse sales are delivered from Company warehouses. Reload sales are similar to warehouse sales but are shipped from warehouses, most of which are operated by third parties, where the Company stores owned products to enhance operating efficiencies. This channel is employed primarily to service strategic customers that would be less economical to service from Company warehouses, and to distribute large volumes of imported products from port facilities. Direct sales are shipped from the manufacturer to the customer without the Company taking physical possession of the inventory and, as a result, typically generate lower margins than warehouse and reload distribution channels but require lower amount of committed capital and fixed costs.

Performance obligations in contracts with customers generally consist solely of delivery of goods.