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Segment Reporting (Tables)
9 Months Ended
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 EndedNine Fiscal Months Ended
September 27, 2025September 28, 2024September 27, 2025September 28, 2024
(In thousands)
Net sales$748,870 $747,288 $2,238,203 $2,241,895 
Expenses:
Cost of specialty products sold438,105 418,521 1,270,891 1,253,422 
Cost of structural products sold202,578 203,098 628,307 612,679 
SG&A - delivery and logistics41,138 39,217 121,919 114,981 
SG&A - sales18,456 16,708 54,732 51,556 
SG&A - all other29,687 36,285 101,988 106,376 
Depreciation of property and equipment8,789 8,576 26,226 26,124 
Amortization of definite-lived intangible assets953 954 2,860 2,959 
Amortization of deferred gains on real estate(984)(984)(2,951)(2,952)
Interest expense12,540 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 expenses747,215 731,272 2,229,433 2,194,051 
Segment net income1,655 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.