Quarterly report pursuant to Section 13 or 15(d)

Segment Reporting

v3.22.1
Segment Reporting
 3 Months Ended
Mar. 26, 2022
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 March 26, 2022: 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 weeks ended March 26, 2022 and thirteen weeks ended March 27, 2021.

 
Thirteen weeks ended March 26, 2022 Thirteen weeks ended March 27, 2021
Revenues
Hardware and Protective Solutions $ 266,415  $ 250,929 
Robotics and Digital Solutions 61,808  55,879 
Canada 34,790  34,473 
Total revenues $ 363,013  $ 341,281 
Segment income (loss) from operations
Hardware and Protective Solutions $ (2,396) $ 6,050 
Robotics and Digital Solutions 7,855  154 
Canada 3,390  (424)
Total (loss) income from operations $ 8,849  $ 5,780