BlueLinx Holdings Inc.BXC

BlueLinx Holdings Inc. Segments Disclosure

10-KFiled Feb 24, 20262 min read
Segment Reporting
The Company has one reportable segment: building products. The segment sells building products that are grouped into two primary categories: specialty products and structural products. The Company’s CODM is its chief executive officer (CEO). The Company derives substantially all of its revenues from the United States and all of the Company’s assets are located in the United States. No single customer of the Company generated 10% or more of the Company’s total Net sales during fiscal years 2025, 2024 and 2023. The measure of segment assets is reported on the Company’s balance sheet as total consolidated assets. The segment’s accounting policies are the same as the accounting policies for the Company, as described in Note 1, Summary of Significant Accounting Policies.

The CODM’s method under GAAP that is used to assess performance and allocate resources is based on Net income as reported on the Company’s consolidated statement of operations. The following table presents information about Net income and significant expenses that are regularly reviewed by the Company’s CODM:
(in thousands)Fiscal 2025Fiscal 2024Fiscal 2023
(53 weeks)(52 weeks)(52 weeks)
Net sales$2,954,007 $2,952,532 $3,136,381 
Expenses:
Cost of specialty products sold1,683,997 1,648,285 1,763,446 
Cost of structural products sold818,382 815,108 845,918 
SG&A - delivery and logistics165,878 154,293 152,313 
SG&A - sales73,480 68,620 67,274 
SG&A - all other141,751 142,619 136,232 
Depreciation of property and equipment35,424 34,576 27,846 
Amortization of definite-lived intangible assets4,481 3,912 4,197 
Recognition of deferred gains on real estate(3,934)(3,934)(3,934)
Interest expense49,680 47,169 44,654 
Interest income(17,326)(27,805)(20,908)
Settlement of frozen defined benefit pension plan— (2,481)30,440 
Other, net2,065 1,483 7,017 
(Benefit) provision for income taxes(90)17,571 33,350 
Total segment expenses2,953,788 2,899,416 3,087,845 
Segment net income219 53,116 48,536 
Reconciliation of profit or loss:
Adjustments and reconciling items— — — 
Consolidated net income$219 $53,116 $48,536 

Historical Timeline

Fiscal YearFiled
2026Feb 24, 2026Showing above
2024Feb 18, 2025

About Segments Disclosures

Segment disclosures break a company into its reportable operating units, revealing revenue, profit, and asset allocation that consolidated financial statements obscure. Under ASC 280, segments must match how the chief operating decision maker views the business, providing a window into internal management structure and resource allocation priorities.

Key signals: compare segment margins to identify which units drive profitability and which destroy value. Watch for changes in the number of reportable segments — segment aggregation or disaggregation often coincides with strategic shifts or attempts to obscure declining performance. Intersegment elimination patterns reveal internal pricing practices. The reconciliation between segment totals and consolidated figures exposes corporate overhead allocation and unallocated items. Geographic revenue concentration highlights regulatory and currency exposure. Compare segment-level capital expenditure against segment revenue to assess where management is investing for future growth versus harvesting existing assets.

Other Available Disclosures

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