v3.20.1
SEGMENT INFORMATION
3 Months Ended
Mar. 29, 2020
Segment Reporting [Abstract]  
SEGMENT INFORMATION
15.
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 March 29, 2020
 
 

 
 

 
 
(thousands)
 
Manufacturing
 
Distribution
 
Total
Net outside sales
 
$
419,266

 
$
169,966

 
$
589,232

Intersegment sales
 
7,573

 
1,300

 
8,873

Total sales
 
426,839

 
171,266

 
598,105

Operating income
 
45,704

 
9,968

 
55,672


First Quarter Ended March 31, 2019
 
 
 
 
 
 
(thousands)
 
Manufacturing
 
Distribution
 
Total
Net outside sales
 
$
425,684

 
$
182,534

 
$
608,218

Intersegment sales
 
7,720

 
1,165

 
8,885

Total sales
 
433,404

 
183,699

 
617,103

Operating income
 
44,437

 
8,291

 
52,728







The following table presents a reconciliation of segment operating income to consolidated operating income:
 
 
First Quarter Ended
(thousands)
 
March 29, 2020
 
March 31, 2019
Operating income for reportable segments
 
$
55,672

 
$
52,728

Unallocated corporate expenses
 
(6,792
)
 
(7,913
)
Amortization
 
(9,601
)
 
(8,989
)
Consolidated operating income
 
$
39,279

 
$
35,826


Unallocated corporate expenses include corporate general and administrative expenses comprised of wages, insurance, taxes, supplies, travel and entertainment, professional fees and other.