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Segment Reporting (Tables) | 9 Months Ended
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Sep. 27, 2025
Segment Reporting [Abstract] |
Schedule of Segment Reporting Information, by Segment | The following table presents information about Net income and significant expenses that are regularly reviewed by the Company’s CODM:
|  | Three Fiscal Months Ended |  | Nine Fiscal Months Ended
|  | September 27, 2025 |  | September 28, 2024 |  | September 27, 2025 |  | September 28, 2024
|  | (In thousands)
Net sales |  | $ | 748,870 |  |  |  | $ | 747,288 |  |  | $ | 2,238,203 |  |  | $ | 2,241,895 |
Expenses: |  |  |  |  |  |  |  |  |
Cost of specialty products sold |  | 438,105 |  |  |  | 418,521 |  |  | 1,270,891 |  |  | 1,253,422 |
Cost of structural products sold |  | 202,578 |  |  |  | 203,098 |  |  | 628,307 |  |  | 612,679 |
SG&A - delivery and logistics |  | 41,138 |  |  |  | 39,217 |  |  | 121,919 |  |  | 114,981 |
SG&A - sales |  | 18,456 |  |  |  | 16,708 |  |  | 54,732 |  |  | 51,556 |
SG&A - all other |  | 29,687 |  |  |  | 36,285 |  |  | 101,988 |  |  | 106,376 |
Depreciation of property and equipment |  | 8,789 |  |  |  | 8,576 |  |  | 26,226 |  |  | 26,124 |
Amortization of definite-lived intangible assets |  | 953 |  |  |  | 954 |  |  | 2,860 |  |  | 2,959 |
Amortization of deferred gains on real estate |  | (984) |  |  |  | (984) |  |  | (2,951) |  |  | (2,952) |
Interest expense |  | 12,540 |  |  |  | 11,668 |  |  | 37,233 |  |  | 35,958 |
Interest income |  | (3,937) |  |  |  | (7,049) |  |  | (13,593) |  |  | (21,914) |
Settlement of frozen defined benefit pension plan (1) |  | — |  |  |  | (2,226) |  |  | — |  |  | (2,226) |
Other operating, net (2) |  | 182 |  |  |  | 888 |  |  | (1,494) |  |  | 1,210 |
(Benefit) provision for income taxes |  | (292) |  |  |  | 5,616 |  |  | 3,315 |  |  | 15,878 |
Total segment expenses |  | 747,215 |  |  |  | 731,272 |  |  | 2,229,433 |  |  | 2,194,051 |
Segment net income |  | 1,655 |  |  |  | 16,016 |  |  | 8,770 |  |  | 47,844 |
Reconciliation of profit or loss: |  |  |  |  |  |  |  |  |
Adjustments and reconciling items |  | — |  |  |  | — |  |  | — |  |  | — |
Consolidated net income |  | $ | 1,655 |  |  |  | $ | 16,016 |  |  | $ | 8,770 |  |  | $ | 47,844 |
(1) As previously disclosed, during the third quarter of fiscal 2024 the Company benefited by $2.2 million for a settlement adjustment related to the Company’s frozen defined benefit pension plan that was settled in Fiscal 2023. This adjustment amount is reported as Non-operating expense on the Company’s unaudited condensed statements of operations for the three and nine fiscal months ended September 28, 2024. (2) As previously disclosed, during the first quarter of fiscal 2025 the Company settled certain of the initial insurance claims related to property and equipment that was damaged or destroyed at its Erwin, Tennessee owned facility in late third quarter of fiscal 2024 due to Hurricane Helene. The Company received insurance proceeds that exceeded the carrying values of the damaged or destroyed assets by $2.4 million and this amount is included in Other Operating, net on the Company’s unaudited condensed consolidated statement of operations for the nine fiscal months ended September 27, 2025. For the nine fiscal months ended September 28, 2024, Other operating expenses, net included $1.2 million of estimated losses related to Hurricane Helene in third quarter of fiscal 2024, and this amount represented insurance deductibles for damaged or destroyed property and equipment.

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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-25 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-22 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-30 + Details
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