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Revenue Recognition
3 Months Ended
Mar. 29, 2025
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 Fiscal Months Ended
Product typeMarch 29, 2025March 30, 2024
(In thousands)
Specialty products$479,387 $503,834 
Structural products229,839 222,410 
Total net sales$709,226 $726,244 

The following table presents the Company’s revenues disaggregated by sales channel. Warehouse sales are delivered from the Company’s warehouses. Reload sales are similar to warehouse sales but are shipped from non-warehouse locations, 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 are 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 and therefore the Company does not take physical possession of the inventory and, as a result, typically generate lower margins than the warehouse and reload distribution channels. The direct distribution channel requires the lowest amount of committed capital and fixed costs.
Three Fiscal Months Ended
Sales channelMarch 29, 2025March 30, 2024
(In thousands)
Warehouse and reload$581,793 $591,768 
Direct142,492 149,750 
Customer discounts and rebates(15,059)(15,274)
Total net sales$709,226 $726,244 

The Company generally expenses sales commissions when incurred because the amortization period would typically be one year or less. These costs are recorded within SG&A expense.

The Company has made an accounting policy election to treat outbound shipping and handling activities as an SG&A expense. Shipping and handling costs include amounts related to the administration of the Company’s logistical infrastructure, handling of material in its warehouses, and amounts pertaining to the delivery of products to customers, such as fuel and maintenance costs for mobile fleet, wages for drivers, and third-party freight charges. These expenses were $39.4 million and $38.2 million, respectively, for the fiscal quarters ended March 29, 2025 and March 30, 2024.

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