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Revenue Recognition
6 Months Ended
Jul. 04, 2026
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.
Fiscal Three Months EndedFiscal Six Months Ended
Product typeJuly 4, 2026June 28, 2025July 4, 2026June 28, 2025
(In thousands)
Specialty products$564,140 $543,459 $1,075,946 $1,022,846 
Structural products249,937 236,648 469,280 466,487 
Total Net sales$814,077 $780,107 $1,545,226 $1,489,333 

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.
Fiscal Three Months EndedFiscal Six Months Ended
Sales channelJuly 4, 2026June 28, 2025July 4, 2026June 28, 2025
(In thousands)
Warehouse and reload$689,085 $639,982 $1,297,607 $1,221,775 
Direct141,754 155,090 280,236 297,582 
Customer discounts and rebates(16,762)(14,965)(32,617)(30,024)
Total Net sales$814,077 $780,107 $1,545,226 $1,489,333 

The Company generally expenses sales commissions when incurred because the amortization period would typically be one year or less. These expenses are recorded within SG&A expense on the Company’s consolidated statements of operations.

The Company has made an accounting policy election to treat outbound shipping and handling activities as an SG&A expense. Shipping and handling expenses 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 expenses for mobile fleet, wages for drivers, and third-party freight charges. These expenses were $46.9 million and $41.3 million for Q2 2026 and Q2 2025, respectively, and $90.6 million and $80.8 million for the YTD 2026 period and the YTD 2025 period, respectively.

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