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Revenue Recognition
 9 Months Ended
Sep. 28, 2024
Revenue from Contract with Customer [Abstract]  
Revenue Recognition Revenue Recognition
The following table presents the Company’s revenues disaggregated by revenue source. Sales and usage-based taxes are excluded from revenues.
Three Months EndedNine Months Ended
Product typeSeptember 28, 2024September 30, 2023September 28, 2024September 30, 2023
(In thousands)
Specialty products$519,000 $558,851 $1,562,300 $1,697,679 
Structural products228,288 251,130 679,595 726,173 
Total net sales$747,288 $809,981 $2,241,895 $2,423,852 

The following table presents the Company’s revenues disaggregated by sales channel. Sales and usage-based taxes are excluded from revenues.
Three Months EndedNine Months Ended
Sales channelSeptember 28, 2024September 30, 2023September 28, 2024September 30, 2023
(In thousands)
Warehouse and reload$622,981 $683,072 $1,843,942 $2,065,212 
Direct140,505 143,026 445,606 405,335 
Customer discounts and rebates(16,198)(16,117)(47,653)(46,695)
Total net sales$747,288 $809,981 $2,241,895 $2,423,852 

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. The reload 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.