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SEGMENT INFORMATION
 3 Months Ended
Apr. 02, 2022
Segment Reporting Information [Line Items]  
SEGMENT INFORMATION SEGMENT INFORMATION
 
The Company has three operating segments: West, East and Cement, which are its reporting segments. These segments are consistent with the Company’s management reporting structure.
 
The operating results of each segment are regularly reviewed and evaluated by the Chief Executive Officer, our Company’s Chief Operating Decision Maker (“CODM”). The CODM primarily evaluates the performance of the Company’s segments and allocates resources to them based on a segment profit metric that we call Adjusted EBITDA, which is computed as earnings from operations before interest, taxes, depreciation, depletion, amortization, accretion, and share-based compensation, as well as various other non-recurring, non-cash amounts. Beginning with the first quarter of 2021, the Company no longer adjusts for transaction costs, as those costs are recurring cash payments, and are included in general and administrative expenses.
 
The West and East segments have several subsidiaries that are engaged in various activities including quarry mining, aggregate production and contracting. The Cement segment is engaged in the production of Portland cement. Assets employed by each segment include assets directly identified with those operations. Corporate assets consist primarily of cash, property, plant and equipment for corporate operations and other assets not directly identifiable with a reportable business segment. The accounting policies applicable to each segment are consistent with those used in the consolidated financial statements.
The following tables display selected financial data for the Company’s reportable business segments as of April 2, 2022 and January 1, 2022 and for the three months ended April 2, 2022 and April 3, 2021:
 
 Three months ended
 April 2, 2022April 3, 2021
Revenue*:  
West$252,232 $251,133 
East122,490 136,042 
Cement46,225 40,669 
Total revenue$420,947 $427,844 
*Intercompany sales are immaterial and the presentation above only reflects sales to external customers.
 
 Three months ended
 April 2, 2022April 3, 2021
Loss from operations before taxes$(39,543)$(28,688)
Interest expense20,149 24,186 
Depreciation, depletion and amortization50,479 55,570 
Accretion714 766 
Gain on sale of businesses(14,205)(15,668)
Non-cash compensation5,422 5,363 
Other247 205 
Total Adjusted EBITDA$23,263 $41,734 
Total Adjusted EBITDA by Segment:
West$32,692 $40,648 
East8,136 11,745 
Cement(5,819)2,499 
Corporate and other(11,746)(13,158)
Total Adjusted EBITDA$23,263 $41,734 
 
 Three months ended
 April 2, 2022April 3, 2021
Purchases of property, plant and equipment  
West$26,874 $34,068 
East24,326 33,202 
Cement6,115 2,273 
Total reportable segments57,315 69,543 
Corporate and other459 214 
Total purchases of property, plant and equipment$57,774 $69,757 
 
 Three months ended
 April 2, 2022April 3, 2021
Depreciation, depletion, amortization and accretion:  
West$24,575 $25,140 
East18,295 21,943 
Cement7,574 8,149 
Total reportable segments50,444 55,232 
Corporate and other749 1,104 
Total depreciation, depletion, amortization and accretion$51,193 $56,336 

 April 2, 2022January 1, 2022
Total assets:  
West$1,527,170 $1,512,298 
East1,259,620 1,292,638 
Cement852,313 844,086 
Total reportable segments3,639,103 3,649,022 
Corporate and other504,142 590,103 
Total$4,143,245 $4,239,125 
Summit Materials, LLC  
Segment Reporting Information [Line Items]  
SEGMENT INFORMATION SEGMENT INFORMATION
 
The Company has three operating segments: West, East and Cement, which are its reporting segments. These segments are consistent with the Company’s management reporting structure.
 
The operating results of each segment are regularly reviewed and evaluated by the Chief Executive Officer, our Company’s Chief Operating Decision Maker (“CODM”). The CODM primarily evaluates the performance of the Company’s segments and allocates resources to them based on a segment profit metric that we call Adjusted EBITDA, which is computed as earnings from operations before interest, taxes, depreciation, depletion, amortization, accretion and share-based compensation, as well as various other non-recurring, non-cash amounts. Beginning with the first quarter of 2021, the Company no longer adjusts for transaction costs, as those costs are recurring cash payments, and are included in general and administrative expenses.
 
The West and East segments have several subsidiaries that are engaged in various activities including quarry mining, aggregate production and contracting. The Cement segment is engaged in the production of Portland cement. Assets employed by each segment include assets directly identified with those operations. Corporate assets consist primarily of cash, property, plant and equipment for corporate operations and other assets not directly identifiable with a reportable business segment. The accounting policies applicable to each segment are consistent with those used in the consolidated financial statements.

The following tables display selected financial data for the Company’s reportable business segments as of April 2, 2022 and January 1, 2022 and for the three months ended April 2, 2022 and April 3, 2021:
 Three months ended
 April 2, 2022April 3, 2021
Revenue*:  
West$252,232 $251,133 
East122,490 136,042 
Cement46,225 40,669 
Total revenue$420,947 $427,844 
*Intercompany sales are immaterial and the presentation above only reflects sales to external customers.
 
 Three months ended
 April 2, 2022April 3, 2021
Loss from operations before taxes$(39,543)$(28,626)
Interest expense20,149 24,124 
Depreciation, depletion and amortization50,479 55,570 
Accretion714 766 
Gain on sale of businesses(14,205)(15,668)
Non-cash compensation5,422 5,363 
Other247 205 
Total Adjusted EBITDA$23,263 $41,734 
Total Adjusted EBITDA by Segment:
West$32,692 $40,648 
East8,136 11,745 
Cement(5,819)2,499 
Corporate and other(11,746)(13,158)
Total Adjusted EBITDA$23,263 $41,734 
 
 Three months ended
April 2, 2022April 3, 2021
Purchases of property, plant and equipment  
West$26,874 $34,068 
East24,326 33,202 
Cement6,115 2,273 
Total reportable segments57,315 69,543 
Corporate and other459 214 
Total purchases of property, plant and equipment$57,774 $69,757 
 
 Three months ended
 April 2, 2022April 3, 2021
Depreciation, depletion, amortization and accretion:  
West$24,575 $25,140 
East18,295 21,943 
Cement7,574 8,149 
Total reportable segments50,444 55,232 
Corporate and other749 1,104 
Total depreciation, depletion, amortization and accretion$51,193 $56,336 

April 2, 2022January 1, 2022
Total assets:  
West$1,527,170 $1,512,298 
East1,259,620 1,292,638 
Cement852,313 844,086 
Total reportable segments3,639,103 3,649,022 
Corporate and other293,770 386,537 
Total$3,932,873 $4,035,559