SEGMENT INFORMATION - (Tables)

9 Months Ended

Oct. 01, 2022

Segment Reporting Information [Line Items]

Summary of Financial Data for Company's Reportable Business Segments

The following tables display selected financial data for the Company’s reportable business segments as of October 1, 2022 and January 1, 2022 and for the three and nine months ended October 1, 2022 and October 2, 2021:

	Three months ended				Nine months ended
	October 1, 2022		October 2, 2021		October 1, 2022		October 2, 2021
Revenue*:
West	$	439,411	$	369,250	$	1,075,393	$	958,351
East	193,421		255,490		525,064		635,659
Cement	119,915		92,500		259,791		218,991
Total revenue	$	752,747	$	717,240	$	1,860,248	$	1,813,001

*Intercompany sales are immaterial and the presentation above only reflects sales to external customers.

	Three months ended				Nine months ended
	October 1, 2022		October 2, 2021		October 1, 2022		October 2, 2021
Income from operations before taxes	$	112,480	$	95,891	$	319,650	$	143,369
Interest expense	21,980		24,134		62,728		72,536
Depreciation, depletion and amortization	51,439		58,381		148,373		171,474
Accretion	694		701		2,110		2,177
Loss on debt financings	—		6,016		—		6,016
Tax receivable agreement expense	—		—		954		—
(Gain) loss on sale of businesses	(4,115)		113		(174,373)		(15,319)
Non-cash compensation	4,902		4,685		15,058		14,875
Other	(2,492)		363		(2,315)		682
Total Adjusted EBITDA	$	184,888	$	190,284	$	372,185	$	395,810
Total Adjusted EBITDA by Segment:
West	$	98,281	$	92,303	$	215,617	$	211,722
East	44,119		69,084		98,949		138,113
Cement	46,597		40,360		84,019		82,281
Corporate and other	(4,109)		(11,463)		(26,400)		(36,306)
Total Adjusted EBITDA	$	184,888	$	190,284	$	372,185	$	395,810

	Nine months ended
	October 1, 2022		October 2, 2021
Purchases of property, plant and equipment
West	$	85,462	$	85,137
East	65,116		69,469
Cement	30,503		14,852
Total reportable segments	181,081		169,458
Corporate and other	7,927		612
Total purchases of property, plant and equipment	$	189,008	$	170,070

	Three months ended				Nine months ended
	October 1, 2022		October 2, 2021		October 1, 2022		October 2, 2021
Depreciation, depletion, amortization and accretion:
West	$	24,908	$	24,796	$	71,495	$	75,287
East	15,445		22,809		48,655		66,306
Cement	10,959		10,409		27,993		28,785
Total reportable segments	51,312		58,014		148,143		170,378
Corporate and other	821		1,068		2,340		3,273
Total depreciation, depletion, amortization and accretion	$	52,133	$	59,082	$	150,483	$	173,651

	October 1, 2022		January 1, 2022
Total assets:
West	$	1,625,846	$	1,512,298
East	1,136,239		1,292,638
Cement	893,471		844,086
Total reportable segments	3,655,556		3,649,022
Corporate and other	629,399		590,103
Total	$	4,284,955	$	4,239,125

Summit Materials, LLC

Segment Reporting Information [Line Items]

Summary of Financial Data for Company's Reportable Business Segments

The following tables display selected financial data for the Company’s reportable business segments as of October 1, 2022 and January 1, 2022 and for the three and nine months ended October 1, 2022 and October 2, 2021:

	Three months ended				Nine months ended
	October 1, 2022		October 2, 2021		October 1, 2022		October 2, 2021
Revenue*:
West	$	439,411	$	369,250	$	1,075,393	$	958,351
East	193,421		255,490		525,064		635,659
Cement	119,915		92,500		259,791		218,991
Total revenue	$	752,747	$	717,240	$	1,860,248	$	1,813,001

*Intercompany sales are immaterial and the presentation above only reflects sales to external customers.

	Three months ended				Nine months ended
	October 1, 2022		October 2, 2021		October 1, 2022		October 2, 2021
Income from operations before taxes	$	112,480	$	95,891	$	320,604	$	143,431
Interest expense	21,980		24,134		62,728		72,474
Depreciation, depletion and amortization	51,439		58,381		148,373		171,474
Accretion	694		701		2,110		2,177
Loss on debt financings	—		6,016		—		6,016
(Gain) loss on sale of businesses	(4,115)		113		(174,373)		(15,319)
Non-cash compensation	4,902		4,685		15,058		14,875
Other	(2,492)		363		(2,315)		682
Total Adjusted EBITDA	$	184,888	$	190,284	$	372,185	$	395,810
Total Adjusted EBITDA by Segment:
West	$	98,281	$	92,303	$	215,617	$	211,722
East	44,119		69,084		98,949		138,113
Cement	46,597		40,360		84,019		82,281
Corporate and other	(4,109)		(11,463)		(26,400)		(36,306)
Total Adjusted EBITDA	$	184,888	$	190,284	$	372,185	$	395,810

	Nine months ended
	October 1, 2022		October 2, 2021
Purchases of property, plant and equipment
West	$	85,462	$	85,137
East	65,116		69,469
Cement	30,503		14,852
Total reportable segments	181,081		169,458
Corporate and other	7,927		612
Total purchases of property, plant and equipment	$	189,008	$	170,070

	Three months ended				Nine months ended
	October 1, 2022		October 2, 2021		October 1, 2022		October 2, 2021
Depreciation, depletion, amortization and accretion:
West	$	24,908	$	24,796	$	71,495	$	75,287
East	15,445		22,809		48,655		66,306
Cement	10,959		10,409		27,993		28,785
Total reportable segments	51,312		58,014		148,143		170,378
Corporate and other	821		1,068		2,340		3,273
Total depreciation, depletion, amortization and accretion	$	52,133	$	59,082	$	150,483	$	173,651

	October 1, 2022		January 1, 2022
Total assets:
West	$	1,625,846	$	1,512,298
East	1,136,239		1,292,638
Cement	893,471		844,086
Total reportable segments	3,655,556		3,649,022
Corporate and other	444,933		386,537
Total	$	4,100,489	$	4,035,559