Segment Reporting (Tables)

3 Months Ended

Apr. 04, 2026

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:




	Fiscal Three Months Ended
	April 4, 2026		March 29, 2025

	(In thousands)
Net sales	$	731,149		$	709,226



Expenses:
Cost of specialty products sold	419,239			389,609
Cost of structural products sold	195,513			208,488
SG&A - delivery and logistics	43,626			39,438
SG&A - sales	18,190			17,757
SG&A - all other	34,388			36,898
Depreciation of property and equipment	9,884			8,601
Amortization of definite-lived intangible assets	2,090			953
Realization of deferred gains on real estate	(984)			(984)
Interest expense	12,215			12,053

Interest income	(3,068)			(5,473)

Other operating, net (1)	1,875			(2,258)
Provision for income taxes	(361)			1,339
Total segment expenses	732,607			706,421

Segment net (loss) income	(1,458)			2,805

Reconciliation of profit or loss:
Adjustments and reconciling items	—			—
Consolidated net (loss) income	$	(1,458)		$	2,805

(1) For the fiscal first quarter of 2026, the $1.9 million is composed mainly of severance expenses and professional services fees related to our business and digital transformation initiatives. 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 2024 by Hurricane Helene. The Company received insurance proceeds in the fiscal first quarter of 2025 that exceeded the carrying values of the damaged or destroyed property and equipment 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 fiscal three months ended March 29, 2025.