Revenue Recognition

12 Months Ended

Jan. 03, 2026

Revenue from Contract with Customer [Abstract]

Revenue Recognition

Revenue Recognition

The following table presents the Company’s revenues disaggregated by revenue source. Sales and usage-based taxes are excluded from revenues. No single customer of the Company generated 10% or more of the Company’s total Net sales during fiscal years 2025, 2024 or 2023.

	Fiscal Year Ended
(in thousands)	January 3, 2026		December 28, 2024		December 30, 2023
	(53 weeks)		(52 weeks)		(52 weeks)
Specialty products	$	2,052,990	$	2,045,910	$	2,184,240
Structural products	901,017		906,622		952,141
Total Net sales	$	2,954,007	$	2,952,532	$	3,136,381

The following table presents the Company’s revenues disaggregated by sales channel. Warehouse sales are delivered from the Company’s warehouses. Reload sales are similar to warehouse sales but are shipped from non-warehouse locations, most of which are operated by third parties, where the Company stores owned products to enhance operating efficiencies. The reload channel is employed primarily to service strategic customers that are less economical to service from Company warehouses, and to distribute large volumes of imported products from port facilities. Direct sales are shipped from the manufacturer to the customer and therefore the Company does not take physical possession of the inventory and, as a result, typically generate lower margins than the warehouse and reload distribution channels. The direct distribution channel requires the lowest amount of committed capital and fixed costs.

	Fiscal Year Ended
(in thousands)	January 3, 2026		December 28, 2024		December 30, 2023
	(53 weeks)		(52 weeks)		(52 weeks)
Warehouse and reload	$	2,454,565	$	2,432,820	$	2,663,107
Direct	563,459		581,517		535,163
Cash discounts and rebates	(64,017)		(61,805)		(61,889)
Total Net sales	$	2,954,007	$	2,952,532	$	3,136,381

The Company generally expenses sales commissions when incurred because the amortization period would typically be one year or less. These costs are recorded within SG&A expense.

The Company has made an accounting policy election to treat outbound shipping and handling activities as an SG&A expense. Shipping and handling costs include amounts related to the administration of the Company’s logistical infrastructure, handling of material in its warehouses, and amounts pertaining to the delivery of products to customers, such as fuel and maintenance costs for mobile fleet, wages for drivers, and third-party freight charges. These expenses were $165.9 million, $154.3 million, and $152.3 million for fiscal 2025, fiscal 2024, and fiscal 2023, respectively.