SEGMENT INFORMATION
 12 Months Ended
Dec. 31, 2016
Segment Reporting [Abstract]  
SEGMENT INFORMATION
SEGMENT INFORMATION
 
The Company defines operating segments as components of an enterprise about which separate financial information is available that is evaluated regularly by management in deciding how to allocate resources and in assessing performance.  The Company has two reportable segments:  1) Siding, Fencing, and Stone and 2) Windows and Doors.

The income before income taxes of each segment includes the revenue generated on transactions involving products within that segment less identifiable expenses.  Unallocated income and expenses include items which are not directly attributed to or allocated to either of the Company’s reporting segments.  Such items include interest, legal costs, corporate payroll, and unallocated finance, accounting expenses, and gain (loss) on modification or extinguishment of debt. Unallocated corporate assets include cash and certain receivables.  Interest expense is presented net of interest income.

Following is a summary of the Company’s segment information:
 
 
For the year ended December 31,
(Amounts in thousands)
 
2016
 
2015
 
2014
Net sales
 
 
 
 
 
 
Siding, Fencing, and Stone
 
$
886,851

 
$
840,118

 
$
801,601

Windows and Doors
 
1,024,993

 
999,608

 
765,042

 
 
$
1,911,844

 
$
1,839,726

 
$
1,566,643

Operating earnings (loss)
 
 

 
 

 
 

Siding, Fencing, and Stone
 
$
157,058

 
$
134,654

 
$
113,089

Windows and Doors
 
43,579

 
18,195

 
(27,660
)
Unallocated
 
(32,141
)
 
(30,317
)
 
(23,931
)
 
 
$
168,496

 
$
122,532

 
$
61,498

Interest (income) expense, net
 
 

 
 

 
 

Siding, Fencing, and Stone
 
$
(16
)
 
$
(22
)
 
$
5

Windows and Doors
 
(12
)
 
(17
)
 
(48
)
Unallocated
 
72,710

 
74,858

 
71,229

 
 
$
72,682

 
$
74,819

 
$
71,186

Depreciation and amortization
 
 

 
 

 
 

Siding, Fencing, and Stone
 
$
25,723

 
$
26,539

 
$
25,255

Windows and Doors
 
30,516

 
31,549

 
22,510

Unallocated
 
164

 
312

 
698

 
 
$
56,403

 
$
58,400

 
$
48,463

Income tax benefit
 
 

 
 

 
 

Unallocated
 
$
(51,995
)
 
$
(688
)
 
$
(105
)
 
 
 
 
 
 
 
Capital expenditures
 
 

 
 

 
 

Siding, Fencing, and Stone
 
$
16,472

 
$
11,816

 
$
12,581

Windows and Doors
 
17,780

 
19,196

 
10,920

Unallocated
 
1,749

 
2,848

 
160

 
 
$
36,001

 
$
33,860

 
$
23,661

 
 
 
 
 
 
 
 
 
As of December 31,
 
 

 
 
2016
 
2015
 
 

Total assets
 
 

 
 

 
 

Siding, Fencing, and Stone
 
$
691,930

 
$
664,053

 
 

Windows and Doors
 
509,055

 
498,994

 
 

Unallocated
 
56,756

 
103,525

 
 

 
 
$
1,257,741

 
$
1,266,572

 
 


 
Our Canadian subsidiaries, which had sales of approximately $198.7 million for the year ended December 31, 2016, represent the majority of our sales to foreign customers.  Other subsidiaries’ sales outside the United States are less than 1% of our total sales.