Quarterly report pursuant to Section 13 or 15(d)

Segment Information (Tables)

v3.20.1
Segment Information (Tables)
3 Months Ended
Mar. 31, 2020
Segment Information  
Schedule of net sales and operating results by segment

The following table sets forth our net sales and operating results by segment, in thousands:

Three Months Ended March 31, 

2020

2019

2020

2019

Net Sales

Operating Profit (b)

Our operations by segment were (a):

Installation

$

475,873

$

449,383

$

60,351

$

51,299

Distribution

214,223

204,464

24,669

20,597

Intercompany eliminations

(36,868)

(34,517)

(5,833)

(5,674)

Total

$

653,228

$

619,330

79,187

66,222

General corporate expense, net (c)

(9,198)

(9,604)

Operating profit, as reported

69,989

56,618

Other expense, net

(8,503)

(9,269)

Income before income taxes

$

61,486

$

47,349

(a) All of our operations are located in the U.S.
(b) Segment operating profit includes an allocation of general corporate expenses attributable to the operating segments which is based on direct benefit or usage (such as salaries of corporate employees who directly support the segment).
(c) General corporate expense, net includes expenses not specifically attributable to our segments for functions such as corporate human resources, finance, and legal, including salaries, benefits, and other related costs.