Quarterly report pursuant to Section 13 or 15(d)

Segment Reporting

v3.21.2
Segment Reporting
 9 Months Ended
Sep. 25, 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 September 25, 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 thirty-nine weeks ended September 25, 2021 and thirteen and thirty-nine weeks ended September 26, 2020.

 
Thirteen Weeks Ended
September 25, 2021		 Thirteen Weeks Ended
September 26, 2020		 Thirty-nine Weeks Ended
September 25, 2021		 Thirty-nine Weeks Ended
September 26, 2020
Revenues
Hardware and Protective Solutions $ 261,456  $ 300,307  $ 775,514  $ 782,983 
Robotics and Digital Solutions 67,499  59,186  189,729  157,691 
Canada 35,525  39,187  116,233  100,552 
Total revenues $ 364,480  $ 398,680  $ 1,081,476  $ 1,041,226 
Segment income (loss) from operations
Hardware and Protective Solutions $ (24,901) $ 30,107  $ (8,856) $ 63,383 
Robotics and Digital Solutions 11,158  3,046  17,858  4,432 
Canada 448  1,949  2,992  (2,539)
Total (loss) income from operations $ (13,295) $ 35,102  $ 11,994  $ 65,276