| Schedule of segment reporting information |
The tables below present information about the sales and operating income of those segments.
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| Third Quarter Ended September 27, 2020 |
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| (thousands) |
|
Manufacturing |
|
Distribution |
|
Total |
| Net outside sales |
|
$ |
494,274
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|
|
$ |
206,433
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|
|
$ |
700,707
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| Intersegment sales |
|
12,004
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|
|
1,640
|
|
|
13,644
|
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| Total sales |
|
506,278
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|
|
208,073
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|
|
714,351
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| Operating income |
|
63,312
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|
16,444
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|
79,756
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| Third Quarter Ended September 29, 2019 |
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| (thousands) |
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Manufacturing |
|
Distribution |
|
Total |
| Net outside sales |
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$ |
399,712 |
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|
$ |
166,474 |
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|
$ |
566,186 |
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| Intersegment sales |
|
8,102 |
|
|
1,078 |
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|
9,180 |
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| Total sales |
|
407,814 |
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|
167,552 |
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|
575,366 |
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| Operating income |
|
42,353 |
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|
9,041 |
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|
51,394 |
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| Nine Months Ended September 27, 2020 |
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| (thousands) |
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Manufacturing |
|
Distribution |
|
Total |
| Net outside sales |
|
$ |
1,206,114
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|
|
$ |
507,870
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|
|
$ |
1,713,984
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| Intersegment sales |
|
24,691
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|
|
4,025
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|
|
28,716
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| Total sales |
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1,230,805
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|
|
511,895
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|
|
1,742,700
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| Operating income |
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131,426
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|
33,350
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|
164,776
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| Nine Months Ended September 29, 2019 |
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| (thousands) |
|
Manufacturing |
|
Distribution |
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Total |
| Net outside sales |
|
$ |
1,259,671 |
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$ |
527,951 |
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$ |
1,787,622 |
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| Intersegment sales |
|
24,153 |
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|
3,361 |
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|
27,514 |
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| Total sales |
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1,283,824 |
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|
531,312 |
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|
1,815,136 |
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| Operating income |
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135,577 |
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|
28,132 |
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|
163,709 |
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| Summary of the reconciliation of segment operations |
The following table presents a reconciliation of segment operating income to consolidated operating income:
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|
Third Quarter Ended |
|
Nine Months Ended |
| (thousands) |
|
September 27, 2020 |
|
September 29, 2019 |
|
September 27, 2020 |
|
September 29, 2019 |
| Operating income for reportable segments |
|
$ |
79,756
|
|
|
$ |
51,394 |
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|
$ |
164,776
|
|
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$ |
163,709 |
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| Unallocated corporate expenses |
|
(9,706) |
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|
(4,793) |
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|
(23,962) |
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|
(18,796) |
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| Amortization |
|
(10,221) |
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|
(9,191) |
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|
(29,600) |
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|
(26,448) |
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| Consolidated operating income |
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$ |
59,829
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$ |
37,410 |
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$ |
111,214
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$ |
118,465 |
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