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Segments
12 Months Ended
Dec. 31, 2019
Segment Reporting [Abstract]  
Segments
 Segments

Segment information is presented in accordance with ASC 280, Segment Reporting, which establishes standards for reporting information about operating segments. It also establishes standards for related disclosures about customers, products and geographical areas. Operating segments are defined as components of an enterprise that engage in business activities that earn revenues, incur expenses and prepare separate financial information that is evaluated regularly by the Company’s Chief Operating Decision Maker ("CODM") in order to allocate resources and assess performance. Resources are allocated and performance is assessed by the CODM.

Based on the provisions of ASC 280, the Company has defined its operating segments by considering management structure and product offerings. This evaluation resulted in one operating and reportable segment.

As discussed in Note 3, Discontinued Operations, the Company closed the sale of the Disposed Business on November 1, 2018, which was previously reported as the Mechanical Insulation segment. The previously reported amounts for the Mechanical Insulation segment have been reclassified to discontinued operations for all periods presented. The Company’s continuing operations now consist of what was previously reported as the Specialty Building Products segment for all periods presented.

Revenues are attributed to each country based on the location in which sales originate and in which assets are located. The Company generates the majority of its revenue in the United States with the remainder being generated in Canada. For the year ended December 31, 2019, 90.2% and 9.8% of the Company's revenue was generated in the United States and Canada, respectively. For the year ended December 31, 2018, 89.1% and 10.9% of the Company's revenue was generated in the United States and Canada, respectively.
    
For the years ended December 31, 2019 and 2018, no customer comprised more than 10% of net sales.

The following table sets forth property, plant and equipment, goodwill and intangibles by geographical area (in thousands):
 
December 31,
 
2019
 
2018
Property, plant and equipment, net
 
 
 
United States
$
135,907

 
$
137,252

Canada
14,281

 
14,389

Total property, plant and equipment, net
$
150,188

 
$
151,641

Right-of-use assets, net
 
 
 
United States
$
104,938

 
$

Canada
15,624

 

Total right-of-use assets, net
$
120,562

 
$

Goodwill


 
 
United States
$
463,208

 
$
460,384

Canada
32,516

 
24,557

Total goodwill
$
495,724

 
$
484,941

Intangibles, net


 
 
United States
$
102,563

 
$
141,186

Canada
11,298

 
4,690

Total intangibles, net
$
113,861

 
$
145,876


         
The Company’s net sales by major product line are as follows (in thousands):
 
Year Ended December 31,
 
Change
 
2019
 
2018
 
$
 
%
 
 
 
 
 
 
 
 
 
 
     Wallboard
$
817,799

38.0
%
 
$
781,257

38.2
%
 
$
36,542

 
4.7
%
     Suspended ceiling systems
413,674

19.2
%
 
379,809

18.6
%
 
33,865

 
8.9
%
     Metal framing
392,630

18.2
%
 
361,493

17.7
%
 
31,137

 
8.6
%
     Complementary and other products
530,427

24.6
%
 
521,753

25.5
%
 
8,674

 
1.7
%
Total net sales
$
2,154,530

100.0
%
 
$
2,044,312

100.0
%
 
$
110,218

 
5.4
%