Quarterly report pursuant to Section 13 or 15(d)

Revenues

v3.20.2
Revenues
 6 Months Ended
Jun. 25, 2020
Revenue from Contract with Customer [Abstract]  
Revenues Revenues
Net sales consist of revenue associated with contracts with customers for the sale of goods and services in amounts that reflect the consideration the Company is entitled to receive in exchange for those goods and services.
Deferred Revenue
Under Accounting Standards Codification (“ASC”) 606, the Company recognizes revenue when the customer obtains control of the inventory. Amounts in deferred revenue at period-end reflect orders for which the inventory is not currently ready for physical transfer to the customer.
Disaggregated Revenue
The Company has one operating segment and one reportable segment. The following table presents the net sales of each major product category (in thousands):​
​ Thirteen Weeks Ended
​ June 25, 2020 June 27, 2019
Product Category Net Sales % of Net Sales Net Sales % of Net Sales
Tile $ 118,981    26  % $ 136,319    26  %
Laminate / luxury vinyl plank 105,427    23    108,218    21   
Decorative accessories / wall tile 87,547    19    97,594    19   
Installation materials and tools 73,213    16    88,592    17   
Wood 41,901    9    52,762    10   
Natural stone 30,319    6    32,903    6   
Other (1) 4,964    1    3,923    1   
Total $ 462,352    100  % $ 520,311    100  %
​
Twenty-six Weeks Ended
June 25, 2020 June 27, 2019
Product Category Net Sales % of Net Sales Net Sales % of Net Sales
Tile $ 253,893    25  % $ 261,629    26  %
Laminate / luxury vinyl plank 230,421    23    205,720    21   
Decorative accessories / wall tile 201,144    20    192,034    19   
Installation materials and tools 167,789    16    168,301    17   
Wood 90,896    9    101,992    10   
Natural stone 65,196    6    63,790    6   
Other (1) 7,950    1    3,895    1   
Total $ 1,017,289    100  % $ 997,361    100  %
(1) Other includes delivery revenue less adjustments for deferred revenue, sales returns reserves, rewards under our Pro Premier Loyalty program, and other revenue related adjustments that are not allocated on a product-level basis.