Quarterly report pursuant to Section 13 or 15(d)

Segment Reporting

v3.21.2
Segment Reporting
 6 Months Ended
Jun. 26, 2021
Segment Reporting [Abstract]  
Segment Reporting
The Company’s segment reporting structure uses the Company’s management reporting structure as the foundation for how the Company manages its business. The Company periodically evaluates its segment reporting structure in accordance with ASC 350-20-55 and has concluded that it has three reportable segments as of June 26, 2021: Hardware and Protective Solutions, Robotics and Digital Solutions, and Canada. The Company evaluates the performance of its segments based on revenue and income (loss) from operations, and does not include segment assets nor non-operating income/expense items for management reporting purposes.

The table below presents revenues and income (loss) from operations for our reportable segments for the thirteen and twenty-six weeks ended June 26, 2021 and thirteen and twenty-six weeks ended June 27, 2020.

 
Thirteen Weeks Ended
June 26, 2021		 Thirteen Weeks Ended
June 27, 2020		 Twenty-six Weeks Ended
June 26, 2021		 Twenty-six Weeks Ended
June 27, 2020
Revenues
Hardware and Protective Solutions $ 263,129  $ 269,499  $ 514,058  $ 482,676 
Robotics and Digital Solutions 66,351  42,198  122,230  98,505 
Canada 46,235  35,013  80,708  61,365 
Total revenues $ 375,715  $ 346,710  $ 716,996  $ 642,546 
Segment income (loss) from operations
Hardware and Protective Solutions $ 9,995  $ 24,423  $ 16,045  $ 33,276 
Robotics and Digital Solutions 6,546  (4,510) 6,700  1,386 
Canada 2,968  815  2,544  (4,488)
Total income from operations $ 19,509  $ 20,728  $ 25,289  $ 30,174