We have two reportable segments: the Southeast segment, and the Western segment.

The Southeast reporting segment, which is also an operating segment, is composed of sales from our manufacturing facilities in Florida. The Western reporting segment, also an operating segment, is composed of sales from our manufacturing facilities in Arizona, California and Utah.

Centralized financial and operational oversight, including resource allocation and assessment of performance on an income (loss) from operations basis, is performed by our CEO, whom we have determined to be our chief operating decision maker (“CODM”), with oversight by the Board of Directors.

The following table represents summary financial data attributable to our operating segments for the years ended December 30, 2023, December 31, 2022, and January 1, 2022. Results of the Southeast segment for the year ended January 1, 2022 includes the results of Eco for its post-acquisition period from February 1, 2021. Results of the Western segment for the year ended December 31, 2022 includes the results of Martin for its post-acquisition period from October 14, 2022, and for the year ended January 1, 2022, includes the results of Anlin for its post-acquisition period from October 25, 2021. Corporate overhead has been allocated to each segment using an allocation method we believe is reasonable (in thousands):


	Year Ended
	December 30,			December 31,			January 1,
	2023			2022			2022
Net sales:
Southeast segment	$	1,130,394		$	1,110,355		$	968,693
Western segment		373,847			381,599			192,771

Total net sales	$	1,504,241		$	1,491,954		$	1,161,464

Income from operations:
Southeast segment	$	137,150		$	112,593		$	74,815
Western segment		49,298			55,190			25,641
Impairment of trade name (1)		(5,500	)		(7,423	)		—
Restructuring costs and charges, net (2)		(1,722	)		—			—

Total income from operations		179,226			160,360			100,456

Interest expense, net		31,077			28,879			30,029
Debt extinguishment costs		-			410			25,472

Total income before income taxes	$	148,149		$	131,071		$	44,955

(1)

In 2023, impairment to our Martin trade name, which is part of our Western segment. In 2022, impairment relates to our WinDoor trade name, which is part of our Southeast segment.

(2)

Restructuring costs and charges, net, relates to our NewSouth brand, which is part of our Southeast segment.

Depreciation expense for the years ended December 30, 2023, December 31, 2022, and January 1, 2022, was $27.9 million, $27.4 million, and $26.5 million for our Southeast segment, respectively, and $8.1 million, $6.7 million, and $4.0 million for our Western segment, respectively. Amortization expense for the years ended December 30, 2023, December 31, 2022, and January 1, 2022, was $7.9 million, $10.1 million, and $10.7 million for our Southeast segment, respectively, and $18.4 million, $16.0 million, and $10.4 million for our Western segment, respectively.

Total assets of our Southeast segment as of December 30, 2023 and December 31, 2022 were $899.7 million and $909.6 million, respectively. Total assets of our Western segment as of December 30, 2023 and December 31, 2022 were $678.2 million and $730.6 million, respectively.