v3.23.1
SEGMENT INFORMATION
3 Months Ended
Apr. 02, 2023
Segment Reporting [Abstract]  
SEGMENT INFORMATION
12. SEGMENT INFORMATION
The Company has two reportable segments, Manufacturing and Distribution, which are based on its method of internal reporting, which segregates its businesses based on the manner in which its chief operating decision maker allocates resources, evaluates financial results, and determines compensation.
The tables below present information about the sales and operating income of those segments. 
First Quarter Ended April 2, 2023      
(thousands) Manufacturing Distribution Total
Net outside sales $ 692,396  $ 207,704  $ 900,100 
Intersegment sales 16,419  2,455  18,874 
Total sales 708,815  210,159  918,974 
Operating income 87,165  18,307  105,472 
First Quarter Ended March 27, 2022      
(thousands) Manufacturing Distribution Total
Net outside sales $ 979,609  $ 362,566  $ 1,342,175 
Intersegment sales 18,976  3,168  22,144 
Total sales 998,585  365,734  1,364,319 
Operating income 170,544  45,966  216,510 
The following table presents a reconciliation of segment operating income to consolidated operating income:
  First Quarter Ended
(thousands) April 2, 2023 March 27, 2022
Operating income for reportable segments $ 105,472  $ 216,510 
Unallocated corporate expenses (29,474) (37,894)
Amortization (19,764) (16,861)
Consolidated operating income $ 56,234  $ 161,755 
Unallocated corporate expenses include corporate general and administrative expenses comprised of wages and other compensation, insurance, taxes, supplies, travel and entertainment, professional fees, amortization of inventory step-up adjustments, and other.