Quarterly report pursuant to Section 13 or 15(d)

Segment Information

v3.21.1
Segment Information
3 Months Ended
Mar. 31, 2021
Segment Information  
Segment Information

7.  SEGMENT INFORMATION

The following tables set forth our net sales and operating results by segment, in thousands:

Three Months Ended March 31, 

2021

2020

2021

2020

Net Sales

Operating Profit (b)

Our operations by segment were (a):

Installation

$

532,753

$

475,873

$

73,636

$

60,351

Distribution

251,601

214,223

35,385

24,669

Intercompany eliminations

(41,556)

(36,868)

(6,528)

(5,833)

Total

$

742,798

$

653,228

102,493

79,187

General corporate expense, net (c)

(6,606)

(9,198)

Operating profit, as reported

95,887

69,989

Other expense, net

(20,388)

(8,503)

Income before income taxes

$

75,499

$

61,486

(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.