Quarterly report pursuant to Section 13 or 15(d)

Segment Reporting

v3.22.2
Segment Reporting
6 Months Ended
Jun. 25, 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 June 25, 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 and twenty-six weeks ended June 25, 2022 and thirteen and twenty-six weeks ended June 26, 2021.

 
Thirteen Weeks Ended
June 25, 2022
Thirteen Weeks Ended
June 26, 2021
Twenty-six Weeks Ended
June 25, 2022
Twenty-six Weeks Ended
June 26, 2021
Revenues
Hardware and Protective Solutions $ 279,842  $ 263,129  $ 546,257  $ 514,058 
Robotics and Digital Solutions 64,776  66,351  126,584  122,230 
Canada 49,496  46,235  84,286  80,708 
Total revenues $ 394,114  $ 375,715  $ 757,127  $ 716,996 
Segment income (loss) from operations
Hardware and Protective Solutions $ 10,538  $ 9,995  $ 8,142  $ 16,045 
Robotics and Digital Solutions 10,437  6,546  18,292  6,700 
Canada 6,798  2,968  10,188  2,544 
Total income (loss) from operations $ 27,773  $ 19,509  $ 36,622  $ 25,289