Audit Information |
12 Months Ended |
|---|---|
Jan. 03, 2026 | |
| Audit information [Abstract] | |
| Auditor Name | Ernst & Young LLP |
| Auditor Location | Atlanta, Georgia |
| Auditor Firm ID | 42 |
CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (Parentheticals) $ in Thousands |
12 Months Ended |
|---|---|
|
Dec. 30, 2023
USD ($)
| |
| Statement of Financial Position [Abstract] | |
| Actuarial loss on defined benefit plan, tax | $ 1,090 |
| Amortization of unrecognized pension gain, tax | (325) |
| Settlement of frozen defined benefit pension plan, tax | $ 4,472 |
CONSOLIDATED BALANCE SHEETS (Parentheticals) - $ / shares |
Jan. 03, 2026 |
Dec. 28, 2024 |
|---|---|---|
| Statement of Financial Position [Abstract] | ||
| Preferred stock, par value (in dollars per share) | $ 0.01 | $ 0.01 |
| Preferred stock, shares authorized (in shares) | 30,000,000 | 30,000,000 |
| Preferred stock, shares outstanding (in shares) | 0 | 0 |
| Common stock, par value (in dollars per share) | $ 0.01 | $ 0.01 |
| Common stock, shares authorized (in shares) | 20,000,000 | 20,000,000 |
| Common stock, shares outstanding (in shares) | 7,866,497 | 8,650,046 |
Summary of Significant Accounting Policies |
12 Months Ended |
|---|---|
Jan. 03, 2026 | |
| Accounting Policies [Abstract] | |
| Summary of Significant Accounting Policies | Summary of Significant Accounting Policies Basis of Presentation BlueLinx Holdings Inc., including consolidated subsidiaries (collectively, the “Company”), is a leading wholesale distributor of residential and commercial building products in the United States. The Company is a two-step distributor and purchases products from manufacturers and distributes those products to dealers and other suppliers in local markets, who then sell those products to end users. The Company carries a broad portfolio of both branded and private-label stock keeping units (“SKUs”) across two principal product categories: specialty products and structural products. Specialty products include items such as engineered wood, siding, moulding and millwork, outdoor living, specialty lumber and panels, and industrial products. Structural products include items such as lumber, plywood, oriented strand board, rebar, and remesh. The Company also provides a wide range of value-added services and solutions aimed at relieving distribution and logistics challenges for its customers and suppliers, while enhancing their marketing and inventory management capabilities. These financial statements have been prepared in accordance with generally accepted accounting principles in the United States (“U.S. GAAP” or “GAAP”). The Company’s consolidated financial statements include the accounts of BlueLinx Holdings Inc. and its wholly owned subsidiaries. The Company is composed of a single reportable segment for financial reporting purposes. All significant intercompany accounts and transactions have been eliminated. After close of business on October 31, 2025, the Company’s wholly-owned subsidiary, BlueLinx Corporation, acquired all issued and outstanding membership interests of Disdero Lumber Co., LLC (“Disdero”). The acquisition of Disdero is accounted for by the Company under the provisions of Accounting Standards Codification (“ASC”) No. 805, Business Combinations (“ASC 805”), as a business combination under the acquisition method. The results of operations and cash flows for Disdero are included in the Company’s consolidated financial statements beginning November 1, 2025. See Note 2, Business Combination, to the consolidated financial statements. The Company operates on a 5-4-4 fiscal calendar. Its fiscal year ends on the Saturday closest to December 31 of each year and may comprise 53 weeks in certain years. The Company’s 2025 fiscal year contained 53 weeks and ended on January 3, 2026 (“fiscal 2025”). Fiscal 2024 contained 52 weeks and ended on December 28, 2024 (“fiscal 2024”). Fiscal 2023 contained 52 weeks and ended on December 30, 2023 (“fiscal 2023”). In a fiscal year with 53 weeks, Net sales, Cost of products sold, and employee compensation costs reflect 53 weeks of activity. However, certain other items, such as non-cash depreciation and amortization expenses that are based on the estimated useful lives of the underlying assets and costs that are incurred on a calendar month basis such as rent, are not adjusted in a 53-week fiscal year when compared to a 52-week fiscal year. Use of Estimates The Company’s financial statements are prepared in conformity with U.S. GAAP, which requires management to make estimates based on assumptions about current, and for some estimates, future economic and market conditions, which affect reported amounts and related disclosures in its financial statements. Although these current estimates contemplate current and expected future conditions, as applicable, it is reasonably possible that actual conditions could differ from expectations, which could materially affect the Company’s financial position, results of operations and cash flows. The Company has made a number of estimates and assumptions relating to the reporting of assets and liabilities, the disclosure of contingent assets and liabilities, and reported amounts of revenues and expenses in preparing these financial statements in conformity with GAAP. The impacts of national and global events may also affect the Company’s accounting estimates, which may materially change from period to period due to such events. The Company’s management regularly evaluates these significant factors and makes adjustments where facts and circumstances dictate. Revenue Recognition and Cost of Products Sold The Company recognizes revenue when the following criteria are met: (1) contract with the customer has been identified; (2) performance obligations in the contract have been identified; (3) transaction price has been determined; (4) the transaction price has been allocated to the performance obligations; and (5) when (or as) performance obligations are satisfied. More specifically, revenue is recognized when control of the promised goods or services is transferred to the Company’s customers in an amount that reflects the consideration the Company is entitled to receive in exchange for those goods or services. The timing of revenue recognition largely is dependent on shipping terms. Revenue is recorded at the time of shipment for terms designated free on board (“FOB”) shipping point, which is a point in time. For sales transactions designated FOB destination, revenue is recorded when the product is delivered to the customer’s delivery site. All revenues recognized are net of trade allowances, cash discounts, and sales returns. Cash discounts and sales returns are estimated using historical experience. Trade allowances are based on the estimated obligations and historical experience. Adjustments to earnings resulting from revisions to estimates on discounts and returns have not been material in any of the reported periods. Certain customers may receive cash-based incentives or credits, which are accounted for as variable consideration. The Company estimates these amounts based on the expected amount to be provided to customers and then reduces the amount of revenue recognized. The Company believes that there will not be significant changes to its estimates of variable consideration. Sales and usage-based taxes are excluded from revenues. Contracts with customers are generally in the form of standard terms and conditions of sale. From time to time, the Company may enter into specific contracts, which may affect delivery terms. Performance obligations in contracts with customers generally consist solely of delivery of goods. For all sales channel types, consisting of warehouse, direct, and reload sales, the Company typically satisfies its performance obligations upon shipment. Customer payment terms are typical for the Company’s industry and may vary by the type and location of customers and by the products or services offered. The time period between invoicing and when payment is due is not deemed to be significant. For certain sales channels and/or products, standard payment terms may be as early as ten days and in limited situations we may require a customer to pay at time of delivery. Costs to obtain customer contracts are generally expensed as incurred. The Company generally expenses sales commissions when incurred because the amortization period would typically be one year or less. These costs are recorded within selling, general, and administrative (“SG&A”) expense. The Company has made an accounting policy election to treat outbound shipping and handling activities as an SG&A expense. Shipping and handling costs include amounts related to the administration of the Company’s logistical infrastructure, handling of material in its warehouses, and amounts pertaining to the delivery of products to customers, such as fuel and maintenance costs for its mobile fleet, wages for its drivers, and third-party freight charges. Substantially all of the amount reported in Cost of products sold on the Company’s consolidated statement of operations is composed of cost to purchase inventory for resale to customers, including the cost of inbound freight, volume incentives, and inventory adjustments. During fiscal 2025, 2024 and 2023, no one supplier represented more than 10% of the Company’s consolidated Cost of products sold. Cash and Cash Equivalents As of January 3, 2026 and December 28, 2024, the majority of the Company’s cash and cash equivalents were comprised of short-term funds. These funds invest in instruments that have a weighted-average maturity of three months or less, including cash, U.S. Treasury bills, notes and other obligations issued or guaranteed as to principal and interest by the U.S. Government or its agencies, and repurchase agreements secured by such obligations or cash. The Company’s policy is to classify such short-term highly liquid investments as cash equivalents. Also, the Company has cash deposits with financial institutions that are typically in excess of federally insured limits. Though the Company has not experienced any losses on its cash deposits to date and does not currently anticipate incurring any such losses, there can be no assurance that the Company will not experience losses in the future. Based on the legal form and nature of any restrictions that may be placed by third parties on certain amounts of cash transferred by the Company to external entities, the Company’s accounting policy is to classify such unexpended amounts as either restricted cash, other current assets, or other non-current assets in its consolidated balance sheets. As of January 3, 2026 and December 28, 2024, the Company had $11.6 million and $11.5 million, respectively, reported within Other non-current assets on its consolidated balance sheets for amounts transferred to a third party related to certain of the Company’s self-insured risks for events that have occurred but have not been settled by, or are not yet known to, the Company. See the subsequent section of this note under the heading, Self Insurance. The Company had no amounts reported as restricted cash on its consolidated balance sheets as of January 3, 2026 and December 28, 2024. Accounts Receivable and Allowance Accounts receivable are stated at net realizable value, do not bear interest, and consist of amounts owed for orders shipped to customers. The Company has established an overall credit policy for sales to customers. Under the provisions of ASC No. 323, Financial Instruments-Credit Losses, that apply to the Company’s trade accounts receivable, a current expected credit loss (“CECL”) model is required. The Company believes that its accounts receivable are homogenous and concluded that they can be grouped into one pool when applying the CECL model. The CECL impairment model requires an estimate of expected credit losses, measured over the contractual life of a trade receivable, that considers forecasts of future economic conditions in addition to information about past events and current conditions, including specific customer account reviews, historical loss experience, and the creditworthiness of significant customers based on ongoing credit evaluations. The Company prospectively adopted Accounting Standards Update (“ASU”) No. 2025-05, Financial Instruments-Credit Losses (Topic 326); Measurement Losses for Accounts Receivable and Contract Assets” (“ASU 2025-05”), as of the beginning of its fiscal fourth quarter 2025. The Company elected the practical expedient in ASU 2025-05 that allows an entity to assume that the current conditions as of the balance sheet date will remain unchanged for the remaining life of the asset when developing a reasonable and supportable forecast for estimating any expected credit losses. As of January 3, 2026 and December 28, 2024, the Company’s allowance for Accounts receivable was $5.0 million and $4.3 million, respectively, and net changes in the allowance were not material for any reporting period presented. Inventory The Company’s inventories consist mostly of finished goods inventory, with a very limited amount of work-in-process inventory. The cost of all inventories is determined by the moving average cost method. The Company includes all material charges directly incurred in bringing inventory to its existing condition and location, including the cost of inbound freight, volume incentives, inventory adjustments, tariffs, import duties and other import fees. The Company evaluates its inventory value at the end of each quarter to ensure that inventory, when viewed by category, is carried at the lower-of-cost-or-net-realizable-value (“LCNRV”), which also considers items that may be considered damaged, excess, and obsolete inventory. As of January 3, 2026 and December 28, 2024, the carrying values of the Company’s inventory reported on its consolidated balance sheets did not reflect any adjustments for LCNRV matters. Most all of the amount reported in Cost of products sold on the Company’s consolidated statement of operations is composed of costs incurred to purchase inventory that is subsequently resold to customers, including costs related to import duties and tariffs. Import duties and tariffs are not typically passed through to customers as separately billed charges. Certain import duties are classified by the U.S. Department of Commerce (the “Commerce Department”) as “antidumping or countervailing duties,” and these import duties may be subject to periodic review and adjustments by the Commerce Department through a process known as a trade remedy administrative review, which can result in both retroactive and prospective adjustments to import duty rates. At the time of importation, the Company tenders antidumping duty and countervailing duty cash deposits (as use of that term has been defined by the Commerce Department) to the U.S. Customs and Border Protection (“U.S. Customs”) and accounts for duties and tariffs based on the then-current rates in effect, and records any retroactive adjustments in the period in which U.S. Customs determines final duty rates at the time entries subject to antidumping and countervailing duties liquidate (as use of that term has been defined by the Commerce Department), typically through the resolution of a trade remedy administrative review proceeding. During fiscal 2024, the Company recognized refunds of $20.7 million plus interest earnings of $2.7 million related to retroactive adjustments associated with certain antidumping duties for imported wood moulding and millwork products. The antidumping duty cash deposits were originally paid and accounted for by the Company in prior reporting periods at the then-current rates. Impacted inventories have since been sold. These adjustment amounts are reflected in Cost of products sold and Interest expense, net, respectively, on the Company’s consolidated statement of operations for the fiscal year ended December 28, 2024. The net amount for antidumping duties reflected in Cost of products sold on the Company’s consolidated statement of operations was not material for the fiscal year ended January 3, 2026. See Note 14, Commitments and Contingencies, to the consolidated financial statements for disclosure concerning other matters related to import duties. Consideration Received from Vendors and Paid to Customers Each fiscal year, the Company enters into agreements with certain vendors to provide inventory purchase rebates, generally based on achievement of specified volume purchasing levels. The Company also receives rebates related to price protection and various marketing allowances that are common industry practice. The Company accrues for the receipt of vendor rebates based on purchases, and also reduces the carrying value of the related inventory to reflect the net acquisition cost (purchase price less expected purchase rebates). In addition, the Company enters into agreements with many of its customers to offer customer rebates, generally based on achievement of specified sales levels and various marketing allowances that are common industry practice. The Company accrues for the payment of customer rebates based on sales to the customer, and also reduces its sales to report Net sales (sales price less expected customer rebates). Since these arrangements are typically on a calendar or fiscal year basis, adjustments to earnings resulting from revisions to rebate estimates have historically not been material. Property and Equipment Property and equipment are recorded at cost. Lease obligations for which the Company assumes or retains substantially all the property rights and risks of ownership are capitalized. Amortization of assets recorded under finance leases is included in Depreciation and amortization in the Company’s consolidated statement of operations. Replacements of major units of property are capitalized and the replaced properties are retired. Replacements of minor components of property and repair and maintenance costs are charged to expense as incurred. Depreciation is computed using the straight-line method over the estimated useful lives of the related assets, which range from seven years to 15 years for land improvements, 15 years to 33 years for buildings, three years to seven years for machinery and equipment, including software. Leasehold improvements are depreciated over the lesser of 15 years or the remaining life of the expected lease term. Upon retirement or disposition of assets, cost and accumulated depreciation are removed from the related accounts and any gain or loss is included in earnings. The Company assesses long-lived assets other than goodwill for impairment whenever facts and circumstances indicate that the carrying amount may not be fully recoverable. If it is determined that the carrying amount of an asset is not recoverable, the Company compares the carrying amount of the asset to its fair value as estimated using discounted expected future cash flows, market values or replacement values for similar assets. The amount by which the carrying amount exceeds the fair value of the asset, if any, is recognized as an impairment loss. Goodwill and Other Intangible Assets Goodwill Under the acquisition method of accounting for a business combination, goodwill is the excess of the consideration paid to acquire the business over the fair value of the assets acquired and liabilities assumed. Goodwill is not subject to amortization but must be assessed for impairment at least annually and more frequently if indicators of impairment exist. Goodwill must be assessed at the reporting unit level and since the Company operates within one single reporting unit, all of the Company’s goodwill is assessed at the enterprise level. The Company performs its annual goodwill assessment as of the first day of its fiscal fourth quarter. Testing goodwill for impairment requires the Company to compare the fair value of a reporting unit with its carrying amount, including goodwill. The Company typically utilizes the services of a third-party expert for assistance in assessing goodwill. There are two methods for assessing goodwill: the qualitative method and the quantitative method. The qualitative assessment may give the Company the option to evaluate, based on the weight of evidence, the significance of identified events and circumstances in the context of determining whether it is “more likely than not” (a likelihood of greater than 50%) that the fair value of a reporting unit is less than its carrying amount. ASC 350 provides a list of events and circumstances for the Company to consider when assessing goodwill under the qualitative method. If the Company can concludes based on the qualitative assessment that it is not “more likely than not” that the fair value of a reporting unit is less than its carrying amount, the Company is deemed to have completed its goodwill impairment test and does not need to perform the quantitative impairment test. If the Company concludes based on the qualitative assessment that it is “more likely than not” that the fair value of a reporting unit is less than its carrying amount, the Company is required to perform the quantitative impairment test. The Company may also elect to not perform the qualitative method and instead perform the quantitative test only. An assessment under the quantitative method requires the Company to estimate the enterprise’s fair value through valuation methods that utilize inputs such as projections of discounted cash flows, weighted-average cost of capital, comparisons to similar entities, future market and economic conditions, and market capitalization. In addition, the Company will evaluate the carrying value of goodwill for impairment between annual impairment assessments if an event occurs or circumstances change that would indicate the carrying amount may be impaired. Such events and indicators may include significant declines in the industries in which our products are used, significant changes in capital market conditions, or significant changes in our market capitalization. Other Intangible Assets Originating from Business Combinations The Company’s intangible assets that are deemed to have definitive lives are subject to amortization. These assets are subject to impairment testing if events or circumstances occur that indicate the carrying amounts may be impaired. Indefinite-lived intangible assets are not amortized, but, like goodwill, must be assessed for impairment at least annually and between annual impairment tests if an event occurs or circumstances change that would indicate that the carrying amount of finite-lived intangible asset may be impaired. For the Company’s Disdero business combination (see Note 2, Business Combination), the Company has made a preliminary determination that the acquired Disdero trade name intangible asset has an indefinite life since the Company, at this time, plans to use the Disdero trade name indefinitely in the operations of the acquired Disdero business. Self-Insurance The Company is self-insured for its non-union and certain unionized employee health benefits. The Company purchases stop-loss insurance in order to establish certain limits to its exposure on a per claim basis, both individually and in the aggregate. Health benefits for some unionized employees for fiscal 2025, 2024 and 2023 were paid directly to a union trust, depending upon the union-negotiated benefit arrangement. The Company is also self-insured, up to certain limits, for workers’ compensation losses, general liability, and automotive liability losses, all subject to varying “per occurrence” retentions or deductible limits. It is the Company’s policy to self-insure, up to certain limits, traditional risks including workers’ compensation, comprehensive general liability, and auto liability. The Company’s self-insured deductible for each claim involving workers’ compensation, comprehensive general liability (including product liability claims), and auto liability is limited to $0.8 million, $0.8 million, and $2.0 million, respectively. The Company is also self-insured up to certain limits for the majority of its medical benefit plans ($0.3 million per covered person, per year). A provision for claims under this self-insured program, based on our estimate of the aggregate liability for claims incurred, is revised and recorded at least annually. The estimate is derived from both internal and external sources including but not limited to actuarial estimates. The actuarial estimates are subject to uncertainty from various sources, including, among others, changes in claim reporting patterns, claim settlement patterns, judicial decisions, legislation, and economic conditions. Although the Company believes that the actuarial estimates are reasonable, significant differences related to the items noted above could materially affect the Company’s self-insurance obligations, future expense and cash flow. As of January 3, 2026 and December 28, 2024, the self-insurance liabilities totaled $12.0 million and $11.8 million, respectively. The Company provides for estimated costs to settle both known claims and claims incurred but not yet reported by making periodic prepayments, considering our retention and stop loss limits. Liabilities of the Company associated with these claims are estimated, in part, by considering the frequency and severity of historical claims, both specific to the Company, as well as industry-wide loss experience and other actuarial assumptions. The Company determines its insurance obligations with the assistance of actuarial firms. Since there are many estimates and assumptions involved in recording insurance liabilities, and in the case of workers’ compensation, a significant period of time elapses before the ultimate resolution of claims, differences between actual future events, and prior estimates and assumptions could result in adjustments to these liabilities. The Company has deposits on hand with certain third-party insurance administrators and insurance carriers to cover its obligation for future payment of claims. These deposits are recorded in non-current assets in the Company’s consolidated balance sheets. Leases The Company is the lessee in a lease contract when it obtains the right to control an asset associated with a particular lease. For operating leases, the Company records a right-of-use ("ROU") asset that represents its right to use an underlying asset for the lease term, and a corresponding lease liability that represents the Company’s obligation to make lease payments arising from the lease, both of which are recognized based on the present value of the future minimum lease payments over the lease term at the commencement date. Financing ROU assets associated with finance leases are included in property and equipment. Leases with a lease term of 12 months or less at inception are not recorded on the Company’s consolidated balance sheet and are expensed on a straight-line basis over the lease term in the consolidated statement of operations and comprehensive income. The Company determines the lease term by assuming the exercise of renewal options that are reasonably certain to occur. The Company uses the implicit rate in a lease agreement, and if that rate is not readily determinable, the Company’s incremental borrowing rate is used in determining the present value of future lease payments. When contracts contain lease and non-lease components, both components are accounted for as a single lease component. See Note 13, Lease Commitments, to the consolidated financial statements for additional information. Income Taxes The Company accounts for deferred income taxes using the liability method. Accordingly, deferred income tax assets and liabilities are recognized based on the income tax effects of temporary differences between the financial statement and income tax bases of assets and liabilities, as measured by current enacted income tax rates. All deferred income tax assets and liabilities are classified as noncurrent in the Company’s consolidated balance sheet. A valuation allowance is recognized if, based on the weight of available evidence, it is more likely than not (likelihood of more than 50%) that some portion or all the deferred income tax asset will not be realized. For additional information, see Note 7, Income Taxes, to the consolidated financial statements. Pension Plans Prior to December 5, 2023, the Company sponsored a noncontributory defined benefit pension plan (the “DB Pension Plan”). Most of the participants in the DB Pension Plan were inactive, with all remaining active participants no longer accruing benefits. The DB Pension Plan was closed to new entrants. The funding policy for the DB Pension Plan was based on actuarial calculations and the applicable requirements of federal law. Benefits under the plan primarily were related to years of service. The Company’s accounting policy election was to measure plan assets and benefit obligations as of December 31, which is the month-end that is closest to the Company’s fiscal year-end. As further disclosed in Note 10, Employee Retirement Plans, the Company, as sponsor, settled the frozen DB Pension Plan in December 2023. The Company is involved in various multiemployer pension plans (“MEPPs”) that provide retirement benefits to certain union employees in accordance with certain collective bargaining agreements (“CBAs”). As one of many participating employers in these MEPPs, the Company is generally responsible with the other participating employers for any plan underfunding. The Company’s contributions to a particular MEPP are established by the applicable CBAs; however, the Company’s required contributions may increase based on the funded status of an MEPP and legal requirements such as those of the Pension Act, which requires substantially underfunded MEPPs to implement a funding improvement plan (“FIP”) or a rehabilitation plan (“RP”) to improve their funded status. The settlement of the DB Pension Plan did not result in any changes to the multi-employer pension plans in which some of the Company’s union employees participate. Fair Value Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. Authoritative guidance for fair value measurements establishes a three-level hierarchy that prioritizes the inputs to valuation models based upon the degree to which they are observable. The three levels of the fair value measurement hierarchy are as follows: •Level 1 - Inputs are quoted prices (unadjusted) in active markets for identical assets or liabilities that the reporting entity can access at the measurement date •Level 2 - Inputs are inputs other than quoted prices included within Level 1 that are observable for the asset or liability, either directly or indirectly •Level 3 - Inputs are unobservable inputs for which little or no market data exists, therefore requiring an entity to develop its own assumptions Assets acquired and liabilities assumed by the Company through a business combination are initially recorded at their acquisition-date fair values. The Company has no assets or liabilities for which their carrying values are remeasured to fair value at the end of each reporting period. However, the Company is required to disclose the fair values for certain assets and liabilities. See Note 9, Fair Value, for additional information. Business Combinations The Company accounts for business combinations by recognizing the assets acquired and liabilities assumed at the acquisition-date fair value. In valuing certain acquired assets and liabilities, fair value estimates use Level 3 inputs, including future expected cash flows and discount rates. Goodwill is measured as the excess of consideration transferred over the fair values of the assets acquired and the liabilities assumed. When a business combination occurs late in a reporting period, the Company may utilize a method known as benchmarking to provide preliminary estimates for the fair values of certain assets acquired and liabilities assumed, including intangible assets, inventory, acquired leases, and the residual goodwill. The benchmarking method involves utilizing valuation inputs, such as discount rates, royalty rates, etc., from the Company’s prior business combinations and/or similar business combinations completed by other entities. The preliminary fair value benchmarking estimates are updated in the subsequent reporting period when additional and more specific information is gathered and analyzed for the acquired business. After subsequent fair value adjustments are made for any benchmarking estimates, and for business combinations where the benchmarking method is not utilized, the Company’s estimates of fair value assigned to acquired assets and assumed liabilities may be inherently uncertain and subject to refinement. As a result, during the measurement period, which can last up to one year from the acquisition date, the Company may record adjustments to the assets acquired and liabilities assumed, with the corresponding offset to goodwill. Upon the conclusion of the measurement period, any subsequent adjustments arising from new facts and circumstances are recorded to the consolidated statements of operations. The results of operations of acquisitions are reflected in the Company’s consolidated financial statements from the date of acquisition. Share-Based Compensation Expense For share-based compensation, the Company recognizes compensation expense equal to the grant-date fair value, which is generally based on the fair market value of the Company’s common stock on the date of grant. For service-based awards, compensation expense is recognized if the grant recipient provides the requisite service to the Company. Compensation expense is recorded on a straight-line basis over the requisite service period of the entire award. Forfeitures are accounted for as they actually occur, and compensation expense is adjusted accordingly so that it reflects cumulative expense only for the number of grants that actually vested prior to the forfeiture event. For performance-based awards, prior to vesting compensation expense is recognized for grants that are deemed probable of vesting based on actual or forecasted achievement of the performance metrics as long as the grant recipient continues to provide the requisite service to the Company. At the end of each reporting period, the Company is required to reassess the expected achievement of the performance metrics and adjust cumulative compensation expense accordingly based on the number of grants that have vested or are expected to vest based on achievement of the performance metrics. When a grant recipient stops providing the requisite service to the Company, forfeitures are accounted for as they actually occur and compensation expense is adjusted accordingly so that it reflects cumulative expense only for the number of grants that actually vested prior to the forfeiture event. For market-based awards, compensation expense is recognized for the grant-date fair value of the award on a straight-line basis as the grant recipient provides the requisite service to the Company, regardless of whether the grant vests or is expected to vest based on achievement of the market-based metrics. When a grant recipient stops providing the requisite service to the Company, forfeitures are accounted for as they actually occur and compensation expense is adjusted accordingly so that it reflects cumulative expense only for the number of grants that actually vested prior to the forfeiture event. Compensation expense related to share-based payment awards is generally recorded in SG&A expense in the consolidated statements of operations. Repurchases of Common Stock On October 31, 2023, the Company’s board of directors authorized a share repurchase program for $100 million, of which $8.7 million remains available for repurchases as of January 3, 2026. On July 28, 2025, the Company’s board of directors authorized a new share repurchase program for $50 million that can be used after exhaustion of the October 31, 2023 authorization. Under the share purchase programs, the Company may make authorized repurchases of its common stock from time to time, without prior notice, subject to prevailing market conditions and other considerations. Repurchases may be made through a variety of methods, which may include open market purchases, privately negotiated transactions, accelerated share repurchase programs, tender offers, or pursuant to a trading plan that may be adopted in accordance with the Securities and Exchange Commission Rule 10b5-1. Repurchased shares of the Company’s common stock are retired by the Company and are not reported as treasury stock. The portion of the cost to repurchase common stock that is in excess of par value is charged to additional paid-in capital within stockholders’ equity. Direct costs incurred by the Company to repurchase its common stock, such as broker commissions and excise taxes, are considered part of the cost to repurchase the common stock. Effective January 1, 2023, if the cost of net share repurchases made by publicly traded U.S. company exceeds $1 million annually, the cost of the repurchased shares is subject to a 1% excise tax as a result of the Inflation Reduction Act of 2022. For any reporting period, the costs of repurchased shares reported on the Company’s consolidated statement of stockholders’ equity may differ from the amount reported on the Company’s consolidated statement of cash flows due to the timing of remittances for excise taxes which are made in accordance with applicable law. Advertising Cost Advertising costs are expensed as incurred and totaled $1.7 million, $1.8 million, and $2.1 million for the fiscal years 2025, 2024 and 2023, respectively. Recent Accounting Standards - Adopted Adopted in Fiscal 2025 Income Tax Disclosure Improvement. ASU No. 2023-09, Income Taxes (Topic 740): Improvements to Income Tax Disclosures (“ASU 2023-09”), establishes new income tax disclosure requirements in addition to modifying and eliminating certain existing requirements. Under the new guidance, entities must consistently categorize and provide greater disaggregation of information in the income tax rate reconciliation and must disaggregate income taxes paid. The ASU’s disclosure requirements apply to all entities subject to Accounting Standards Codification Topic 740. The overall objective of these disclosure requirements is for an entity, particularly an entity operating in multiple jurisdictions, to disclose sufficient information to enable users of financial statements to understand the nature and magnitude of factors contributing to the difference between the effective income tax rate and the statutory income tax rate. The Company adopted ASU 2023-09 prospectively for the fiscal year ended January 3, 2026. See Note 7, Income Taxes, to the consolidated financial statements. Since this new ASU addresses only disclosures, its adoption did not have any effect on the Company’s financial position, results of operations, or cash flows. Measurement Losses for Accounts Receivable and Contract Assets. The Company early adopted ASU No. 2025-05, Financial Instruments-Credit Losses (Topic 326); Measurement Losses for Accounts Receivable and Contract Assets” (“ASU 2025-05”), as of the beginning of its fiscal fourth quarter 2025. See the disclosures under the heading “Accounts Receivable and Allowance” presented earlier in this Note 1. Adopted in Fiscal 2024 Segment Reporting Improvements. On November 27, 2023, the Financial Accounting Standards Board (the “FASB”) issued Accounting Standards Update (“ASU”) No. 2023-07, Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures (“ASU 2023-07”). The FASB issued this new guidance primarily to provide financial statement users with more disaggregated expense information about a public business entity’s (“PBE”) reportable segment(s). This ASU requires PBEs to provide incremental disclosures related to the entity’s reportable segment(s), including disclosures for expenses that are both 1) significant to each reportable segment and are provided regularly to the chief operating decision maker (“CODM”) or easily computed from information regularly provided to the CODM and 2) included in the reported measure of segment profit or loss used by the CODM to assess performance and allocate resources. Under the provisions of this ASU, all of the disclosures required in the segment guidance, including disclosing a measure of segment profit or loss used by the CODM and reporting significant segment expenses, applies to all PBEs, including those with a single operating or reportable segment. However, this ASU did not change the definition of a segment, the method for determining segments, or any criteria for aggregating operating segments into reportable segments. The Company adopted ASU 2023-07 at the beginning of fiscal 2024, however it became effective for the Company’s fiscal 2024 annual reporting period and for interim financial reporting periods at the beginning of fiscal 2025. As required, the Company’s annual disclosures for ASU 2023-07 are retrospectively presented for all annual comparative periods beginning in the notes to these annual consolidated financial statements. See Note 5, Segment Reporting, to the consolidated financial statements. Since this ASU addresses only disclosures, the adoption did not have any effects on the Company’s financial condition, results of operations or cash flows. Recent Accounting Standards - Adoption Pending Costs and Expenses Disclosures. On November 4, 2024, the FASB issued ASU No. 2024-03, Income Statement—Reporting Comprehensive Income—Expense Disaggregation Disclosures (Subtopic 220-40): Disaggregation of Income Statement Expenses (“ASU 2024-03”), which establishes new disaggregation disclosure requirements for certain costs and expenses in the notes to the consolidated financial statements. Under the new guidance, entities must provide details of the components of its expense captions from continuing operations presented on the face of the statement of operations as well as a qualitative description of the amounts remaining that are not separately disaggregated quantitatively. Relevant disclosure categories include purchases of inventory, employee compensation, depreciation and intangible asset amortization. An entity must also disclose the total amount of selling expenses, and in annual reports, its definition thereof. The disclosure of these costs and expenses will be required in addition to and irrespective of their inclusion in other disclosures. An entity is not precluded from providing additional voluntary disclosures that may provide investors with additional decision-useful information. ASU 2024-03 will be effective for the Company for the fiscal 2027 annual reporting period and for interim periods beginning in fiscal 2028, as clarified by ASU 2025-01. Since this new ASU addresses only disclosures, the Company does not expect its adoption to have any material effects on its financial condition, results of operations or cash flows. The Company is currently evaluating the new disclosures that will be required upon adoption of ASU 2024-03. Accounting for and Disclosure of Software Costs. On September 18, 2025, the FASB issued ASU No. 2025-06, Intangibles—Goodwill and Other—Internal-Use Software (Subtopic 350-40): Accounting for and Disclosure of Software Costs (“ASU 2025-06”) to clarify and modernize the accounting for costs related to internal-use software to better address both linear and non-linear development manners. The new guidance removes all references to project stages that are currently in ASC 350-40 and will instead use threshold requirements that entities must apply to decide when to start capitalizing software costs. Specifically, the guidance will require entities to begin capitalizing software costs, including website development costs, when both of the following occur: 1) management authorizes and commits to funding a software project and 2) it is probable that the project will be completed and the software will be used to perform the function intended (referred to as the “probable-to-complete” recognition threshold). ASU 2025-06 is effective for the Company beginning in interim and annual reporting periods in fiscal 2028, and early adoption is permitted which the Company is evaluating. Entities may apply the guidance using a prospective, retrospective, or modified transition approach. However, under the prospective approach, entities would still be required to apply the new guidance to all new costs incurred for all software projects, including in-process projects, as of the date of adoption. ASU 2025-06 also specifies that the disclosures under ASC 360-10 (Property, Plant, and Equipment) apply overall to capitalized software costs accounted for under ASC 350-40, regardless of how those costs are presented in the financial statements. The Company is currently evaluating the impacts that ASU 2025-06 may have on its financial position and results of operations, and such impacts may depend in part on the status and type of any in-process software projects at the time of adoption. Interim Reporting. On December 8, 2025, the FASB issued ASU No. 2025-11, Interim Reporting (Topic 270): Narrow Scope Improvements (“ASU 2025-11”) to clarify the current interim disclosure requirements and the applicability of ASC 270, Interim Reporting. The ASU creates a comprehensive list of interim disclosures in ASC 270 that are required in interim financial statements and the accompanying notes under GAAP. It also incorporates a disclosure principle requiring entities to disclose in interim periods events and changes that occur after the end of the most recent annual reporting period that have a material impact on the entity. ASU 2025-11 also clarifies that SEC registrants are required to refer to existing SEC guidance, such as Rule 10-01 of Regulation S-X, since those rules provide form and content requirements for condensed financial statements (condensed statements). ASU 2025-11 will be effective for interim and annual reporting periods beginning after 2027, which will be first quarter of fiscal 2028 for the Company. Early adoption is permitted, and the guidance can be applied prospectively or retrospectively. Since ASU 2025-11 is disclosure-related only, its adoption is not expected to have an effect on the Company’s financial position, results of operations, or cash flows. The Company is currently evaluating the disclosure guidance in ASU 2025-11 to determine if any new or amended disclosures will be required upon adoption.
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Business Combination |
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| Business Combination, Asset Acquisition, Transaction between Entities under Common Control, and Joint Venture Formation [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Combination | Business Combination On October 31, 2025, BlueLinx Corporation, a wholly owned subsidiary of BlueLinx Holdings Inc., entered into an equity purchase agreement (the “Purchase Agreement”) to purchase 100% of the equity interest of Disdero Lumber Co., LLC (“Disdero”). Disdero is engaged in the business of wholesale distribution of premium specialty building materials that include a complete line of clear lumber and distinctive wood architectural elements that are sold into nearly all 50 states. Disdero’s products are used primarily in the construction of high-end, custom homes and decks, as well as upscale multi-family residential and commercial properties. The acquisition of Disdero is expected to serve as a catalyst for the Company’s growth by using the Company’s existing distribution network to offer Disdero’s premium specialty products to many of the Company’s existing customers not currently served by Disdero. Additionally, the Disdero acquisition is expected to enhance the Company’s specialty products focus as well as its geographic expansion and channel diversification strategies. The purchase price on October 31, 2025 was approximately $95.4 million ($95.2 million net after considering cash acquired), which the Company paid from cash on hand. The purchase price is subject to customary adjustments, such as adjustments for working capital balances. The acquisition of Disdero was accounted for as a business combination using the acquisition method under ASC 805, Business Combination. The assets acquired and liabilities assumed in the Disdero acquisition are reflected on the Company’s consolidated balance sheet as of the close of business on October 31, 2025. Disdero’s results of operations and cash flows are included in the Company’s consolidated financial results beginning at the start of business on November 1, 2025. The acquisition of Disdero includes preliminary fair value estimates of $11.9 million for goodwill and $64.3 million for intangible assets (customer relationships, trade name, and non-compete agreements) as of the October 31, 2025 acquisition date. In determining these preliminary fair value amounts, the Company utilized a benchmarking approach based on the Company’s prior acquisitions and the prior acquisitions of similar acquirers or acquirees. Upon subsequent completion of the purchase price allocation, any revised fair value amounts assigned to the intangible assets and resulting goodwill may differ materially from the preliminary estimates under the benchmarking process. After revisions are made to the preliminary fair value amounts estimated under benchmarking as described above, the fair value estimates for inventory, lease obligations, property & equipment, accounts receivable, accounts payable, other assets, and other liabilities are also subject to subsequent changes during the measurement period, as defined and permitted by ASC 805. Any changes to the fair values amounts during the measurement period will be recorded to the applicable assets and liabilities with the residual amount allocated to goodwill. The measurement period cannot extend beyond one year from the acquisition date. The following table summarizes the components of the consideration for Disdero:
The excess of total purchase price, which includes the aggregate cash consideration paid in excess of the fair value of the tangible and intangible assets acquired less liabilities assumed, was recorded as goodwill. The goodwill recognized is attributable to the expected operating synergies and growth potential that we expect to realize from the acquisition. Goodwill also includes certain other intangible assets that do not qualify for separate recognition, such as an assembled workforce. The goodwill resulting from the Disdero acquisition is expected to be tax deductible. The estimated useful life for the customer relationships and non-compete agreements is 12 years and 5 years, respectively, based on the benchmarking process described above, and these useful life estimates may subsequently change. At this time, the Company plans to operate the acquired Disdero business under the Disdero trade name indefinitely, and therefore the trade name has been assigned an indefinite life and is not being amortized at this time. The Company incurred expensed acquisition-related costs for the Disdero acquisition of approximately $1.2 million in fiscal 2025. This amount is reported within Other operating expenses on the Company’s consolidated statement of operations.
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Revenue Recognition |
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| Revenue Recognition | Revenue Recognition The following table presents the Company’s revenues disaggregated by revenue source. Sales and usage-based taxes are excluded from revenues. No single customer of the Company generated 10% or more of the Company’s total Net sales during fiscal years 2025, 2024 or 2023.
The following table presents the Company’s revenues disaggregated by sales channel. Warehouse sales are delivered from the Company’s warehouses. Reload sales are similar to warehouse sales but are shipped from non-warehouse locations, most of which are operated by third parties, where the Company stores owned products to enhance operating efficiencies. The reload channel is employed primarily to service strategic customers that are less economical to service from Company warehouses, and to distribute large volumes of imported products from port facilities. Direct sales are shipped from the manufacturer to the customer and therefore the Company does not take physical possession of the inventory and, as a result, typically generate lower margins than the warehouse and reload distribution channels. The direct distribution channel requires the lowest amount of committed capital and fixed costs.
The Company generally expenses sales commissions when incurred because the amortization period would typically be one year or less. These costs are recorded within SG&A expense. The Company has made an accounting policy election to treat outbound shipping and handling activities as an SG&A expense. Shipping and handling costs include amounts related to the administration of the Company’s logistical infrastructure, handling of material in its warehouses, and amounts pertaining to the delivery of products to customers, such as fuel and maintenance costs for mobile fleet, wages for drivers, and third-party freight charges. These expenses were $165.9 million, $154.3 million, and $152.3 million for fiscal 2025, fiscal 2024, and fiscal 2023, respectively.
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Goodwill and Other Intangible Assets |
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| Goodwill and Other Intangible Assets | Goodwill and Other Intangible Assets Goodwill The Company’s goodwill as of January 3, 2026 originated as follows: $47.8 million from the 2018 acquisition of Cedar Creek, $7.6 million from the 2022 acquisition of Vandermeer, and $11.9 million (preliminary estimate) from the 2025 acquisition of Disdero. The Company performed its most recent annual impairment assessment for goodwill as of September 28, 2025, which was the first day of its fiscal fourth quarter for 2025. The annual assessments for fiscal 2025 and fiscal 2024 utilized the quantitative assessment method for goodwill and were performed with the assistance of an independent third-party expert. Based on the assessments, the Company concluded that its goodwill was not impaired and therefore no impairment charge was recorded. The Company has no accumulated goodwill impairment losses as of January 3, 2026 or December 28, 2024. Between the annual assessment dates in fiscal 2025 and fiscal 2024, no events or circumstances were noted to indicate that it was “more likely than not” the fair value of the enterprise was less than its carrying value. The activity and carrying amounts of the Company’s goodwill were as follows:
(1) Preliminary estimate. See Note 2, Business Combination, to the consolidated financial statements. Intangible Assets from Business Combinations The Company has no accumulated impairment charges for intangible assets as of January 3, 2026 or December 28, 2024. The gross carrying amounts, accumulated amortization, and net carrying amounts of our intangible assets as of January 3, 2026 were as follows:
(1) Intangible assets are amortized on straight-line basis. The Net Carrying Amounts in the table above include $46.7 million for customer relationships, $4.6 million for non-compete agreements, and $12.3 million for trade name from the Disdero business combination that occurred on October 31, 2025. These amounts are based on preliminary estimates of the acquisition-date fair values of these assets. See Note 2, Business Combination, to the consolidated financial statements. The gross carrying amounts, accumulated amortization, and net carrying amounts of our definite-lived intangible assets as of December 28, 2024 were as follows:
(1) Intangible assets are amortized on straight-line basis. The Company’s definitive-life intangible assets are subject to amortization and must also be tested for impairment if events or circumstances indicate the carrying amounts may be impaired. No such indicators were noted in fiscal 2025 or fiscal 2024, and therefore no impairments were recorded. Amortization Expense Amortization expense for the definite-lived intangible assets was $4.5 million, $3.9 million, and $4.2 million for the fiscal years ended January 3, 2026, December 28, 2024, and December 30, 2023, respectively. Estimated annual amortization expense for definite-lived intangible assets over the next five fiscal years is as follows:
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Segment Reporting |
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| Segment Reporting [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Segment Reporting | 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:
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Property and Equipment |
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| Property, Plant and Equipment [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Property and Equipment | Property and Equipment Property and equipment as of January 3, 2026 and December 28, 2024, consisted of the following:
Depreciation expense for property and equipment was $35.4 million, $34.6 million, and $27.8 million for the years ended January 3, 2026, December 28, 2024, and December 30, 2023, respectively. See Note 13, Lease Commitments, to the consolidated financial statements for disclosure about the Company’s property and equipment that is held under finance lease obligations.
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Income Taxes |
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| Income Tax Disclosure [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Income Taxes | Income Taxes For fiscal 2025, the Company’s statutory income tax rate was 25.1 percent, and it was comprised of the federal statutory income tax rate of 21.0 percent and the blended state statutory income tax rate of 4.1 percent. In fiscal 2024, the Company’s statutory income tax rate was also 25.1 percent, and it was comprised of the federal statutory income tax rate of 21.0 percent and the blended state statutory income tax rate of 4.1 percent. In fiscal 2023, the Company’s statutory income tax rate was 25.3 percent, and it was comprised of the federal statutory income tax rate of 21.0 percent and the blended state statutory income rate of 4.3 percent. The Company’s blended state income tax rate is impacted by the mix of income earned in various states and by the Company’s federal taxable income, both of which may differ from year to year. The Company’s effective income tax rate is impacted by the effects of permanent differences occurring throughout the fiscal year. The Company’s income tax (benefit) expense and the effective income tax rates were as follows:
(a) The Company income tax benefit and income before income taxes were not material for fiscal 2025. The accounting for the one-time settlement for the single-employer defined benefit pension plan increased the effective income tax rate for fiscal 2023 by 14.8%. For fiscal 2025, the Company’s benefit for income taxes is reconciled to the federal statutory amount as follows:
(1) For the state income tax effect, taxes were not material for any single state or in the aggregate. Local income taxes were not material. The Company’s provisions for income taxes are reconciled to the federal statutory amounts as follows for fiscal 2024 and fiscal 2023:
(1) $4.5 million was reclassified from accumulated other comprehensive income in fiscal 2023 The Company’s consolidated financial statements contain certain deferred income tax assets which primarily result from other temporary differences related to certain reserves, accrued liabilities, pension obligations, differences between book and tax depreciation and amortization, and state net operating losses. The Company records a valuation allowance against deferred income tax assets when it is determined, based on the weight of available evidence, that it is more likely than not that some or all of the Company’s deferred income tax assets will not be realized in the future. For fiscal 2025 and fiscal 2024, components of the Company’s deferred income tax assets and deferred income tax liabilities are as follows:
Activity in the Company’s deferred income tax asset valuation allowance for fiscal 2025 and fiscal 2024 was as follows:
The Company has recorded income tax and related interest liabilities where it believes certain income tax positions are not more likely than not to be sustained if challenged. These balances are included in Other noncurrent liabilities in the Company’s consolidated balance sheets. The following table summarizes the activity related to our gross unrecognized income tax benefits:
Included in the unrecognized income tax benefits as of January 3, 2026 and December 28, 2024, were approximately $0.6 million and $0.6 million, respectively of income tax benefits that, if recognized, would reduce the Company’s annual effective income tax rate for fiscal 2025 and fiscal 2024. Penalties accrued for fiscal 2025 and fiscal 2024 were not material. The Company has accrued interest associated with its unrecognized income tax benefits which it releases as those benefits are realized due to the lapse of applicable statute of limitations. Interest expense associated with the Company’s unrecognized income tax benefits is reported as Interest expense, net in the Company’s consolidated statement of operations and comprehensive income. Such interest expense has not been material in any reporting period presented herein. Net Operating Losses At the end of fiscal 2025, the Company’s gross federal net operating loss carryovers were $30.0 million, representing a future net tax benefit of approximately $6.3 million. These federal loss carryovers have an indefinite expected carryforward period. At the end of fiscal 2025, the Company’s gross state net operating loss carryovers were $92.9 million and its tax-effected state net operating loss carryovers were $4.7 million, of which $3.4 million was subject to a valuation allowance arising from expiration dates when considered in conjunction with state limitations related to Internal Revenue Code (“IRC”) Section 382. At the end of fiscal 2024, the Company’s gross state net operating loss carryovers were $73.1 million and tax-effected state net operating loss carryovers were $3.7 million, of which $3.5 million was subject to a valuation allowance arising from expiration dates when considered in conjunction with state limitation related to IRC Section 382. Certain of the Company’s state net operating loss carryovers will expire in 5 to 20 years, while others are expected to carry forward indefinitely. Federal and State Tax Filings The Company files U.S. federal and state income tax returns in jurisdictions with varying statutes of limitations and may be subject to audit based on periods that are not limited by applicable statutes. The Company’s U.S. federal income tax returns for tax years 2022, 2023 and 2024 remain subject to audit under the federal statute of limitations. The Company’s auditable state income tax returns vary depending on the jurisdiction and its applicable statute of limitations. Assessing Deferred Tax Assets Quarterly, the Company assesses the carrying value of its deferred income tax assets for impairment by evaluating the weight of available evidence at the end of each fiscal quarter. In the evaluation of the weight of available evidence at the end of fiscal 2025, the Company considered the recent reported income in the current year, as well as the reported income for 2024 and 2023, which resulted in a three-year cumulative income situation as positive evidence which carried substantial weight. While this was substantial, it was not the only evidence evaluated. The Company also considered evidence related to the four sources of taxable income, to determine whether such positive evidence outweighed the negative evidence. The evidence considered included: •future reversals of existing taxable temporary differences; •future taxable income exclusive of reversing temporary differences and carryforwards; •taxable income in prior carryback years, if carryback is permitted under the tax law; and •income tax planning strategies. In addition to the positive evidence discussed above, the Company considered as positive evidence forecasted future taxable income, the future timing of the reversal of its deferred income tax assets and liabilities, and the evidence from business and tax planning strategies. At the end of fiscal 2025 and fiscal 2024, in the Company’s evaluation of the weight of available evidence, the Company concluded that its deferred income tax assets were not impaired other than $3.4 million and $3.5 million, respectively, of the state net operating losses. Although the Company believes its estimates are reasonable in the carrying value of its valuation allowances against its deferred income tax items, the ultimate determination of the appropriate amounts of valuation allowance involves significant judgement. Federal and State Income Tax Payments, Net of Refunds During the fiscal year ended January 3, 2026, the Company paid U.S. federal income taxes, net of refunds, totaling $3.9 million and paid state income taxes, net of refunds, of $0.1 million. Income tax payments, net of refunds, to any single state did not exceed five percent of the Company’s total income tax paid, net of refunds. Local income taxes paid by the Company were not material. On July 4, 2025, the law formally titled “An Act to Provide for the Reconciliation Pursuant to Title II of H. Con. Res. 14” (commonly referred to as the “One Big Beautiful Bill” or “OBBB”) was signed into law. The OBBB did not have a material effect on the Company effective income tax rates for fiscal 2025 and is not expected to have a material effective in future years. However, the bonus depreciation provisions of the OBBB reduced the Company’s cash payments for income taxes by approximately $1.2 million for fiscal 2025, based on qualifying assets in fiscal 2025. During the fiscal year ended January 3, 2026, the Company did not pay income taxes to any jurisdictions outside of the United States.
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Debt and Finance Lease Obligations |
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| Debt and Finance Lease Obligations | Debt and Finance Lease Obligations As of January 3, 2026, and December 28, 2024, outstanding debt and finance leases consisted of the following:
(1) As of January 3, 2026 and December 28, 2024, long-term debt was comprised of $300 million of senior secured notes issued in October 2021. These notes are presented under the Long-term debt caption of the Company’s consolidated balance sheets at $296.7 million and $295.1 million as of January 3, 2026 and December 28, 2024, respectively. This presentation is net of unamortized bond discount of $2.0 million and $2.5 million and unamortized debt issuance costs of $1.3 million and $2.4 million as of January 3, 2026 and December 28, 2024, respectively. The senior secured notes are presented in the above table at face value and have an annual interest rate of 6.0% through maturity. (2) No borrowings were outstanding during fiscal 2025 or fiscal 2024. Available borrowing capacity under revolving credit facilities was $340.1 million and $346.2 million on January 3, 2026 and December 28, 2024, respectively. Available borrowing capacity is net of undrawn letters of credit commitments. (3) Refer to Note 13, Lease Commitments, to the consolidated financial statement for interest rates associated with finance lease obligations. Interest expense, net on the Company’s consolidated statements of operations consisted of the following components:
Interest expense for the reporting periods presented in the above table primarily reflects interest expense for the 2029 Notes, interest expense on finance lease obligations, certain ongoing fees for the revolving credit facilities that are classified as interest expense, amortization of debt issuance costs for the 2029 Notes and revolving credit facilities, and amortization of original-issue bond discount on the 2029 Notes. Total amortization of debt issuance costs plus bond discount costs was $1.5 million, $1.3 million, and $1.3 million for fiscal year 2025, 2024, and 2023, respectively. Interest income for fiscal year 2025 and 2024 included $0.5 million and $2.7 million, respectively, received and related to retroactive adjustments associated with certain antidumping duties for imported wood moulding and millwork products (see Note 1, Summary of Significant Accounting Policies, to the consolidated financial statements, under the heading Inventory). Interest expense for fiscal year 2025 and 2024 included $0.8 million and $1.2 million, respectively, of estimated interest expense related to import duties that the Company believes it may owe (see Note 14, Commitments and Contingencies, to the consolidated financial statements). Senior Secured Notes In October 2021, the Company and certain subsidiaries completed a private offering of $300.0 million of 6.0 percent senior secured notes due November 2029 (the “2029 Notes”), and in connection therewith entered into an indenture (the “Indenture”) with the subsidiary guarantors and Truist Bank, as trustee and collateral agent. The 2029 Notes were issued to investors at 98.625 percent of their principal amount. The 2029 Notes are secured by a first-priority security interest in substantially all of the Company’s assets, other than accounts receivables, inventory, deposit accounts, securities accounts, business interruption insurance and other related assets. The majority of net proceeds from the offering of the 2029 Notes were used to repay borrowings under the Company’s Revolving Credit Facility, as described below. The 2029 Notes will mature on November 15, 2029, however at the sole discretion of the Company, the notes may be redeemed, in whole or in part, prior to scheduled maturity. Early redemptions made by the Company prior to November 15, 2026 could require the Company to pay a redemption premium, as defined in the Indenture. Interest expense for the 2029 Notes totaled $18.0 million in each of the fiscal years 2025, 2024, and 2023. Revolving Credit Facility and Prior Revolving Credit Facility On August 27, 2025, the Company entered into a new credit agreement with certain of the Company’s subsidiaries, as borrowers (together with the Company, the “Borrowers”) or guarantors thereunder, Bank of America, National Association, in its capacity as administrative agent and swing line lender (“BofA”), and certain other financial institutions party thereto (the “Credit Agreement”). The Credit Agreement matures August 27, 2030 and initially provides for a senior secured revolving loan and letter of credit facility of up to $350 million (the “Revolving Credit Facility”). The Revolving Credit Facility also includes a $35 million swing line subfacility and letters of credit in an aggregate amount of up to $30 million are available under the Revolving Credit Facility. Subject to certain conditions and consents, the Borrowers have the option to increase the facility by an aggregate additional principal amount of up to $300 million. If the Borrowers obtain the full amount of the additional increases in commitments, the Revolving Credit Facility could allow total borrowings of up to $650 million. The Company capitalized new debt issuance costs of $3.1 million in connection with execution of the Credit Agreement on August 27, 2025. On the Company’s consolidated balance sheet, the unamortized balance of these debt issuance costs is included within Other non-current assets. In connection with the execution of the Credit Agreement, the Company and certain of the Company’s subsidiaries also entered into a Guaranty and Security Agreement with BofA (the “Revolving Guaranty and Security Agreement”). Pursuant to the Revolving Guaranty and Security Agreement, the Borrowers’ obligations under the Credit Agreement are secured by a security interest in substantially all of the Company’s and its subsidiaries’ assets (other than real property), including inventories, accounts receivable, and proceeds from those items. A collateral agent is used by the Borrowers. Any borrowings under the Credit Agreement are subject to availability under the Borrowing Base (as such term is defined in the Credit Agreement). The Borrowers will be required to repay revolving loans thereunder to the extent that such revolving loans exceed the Borrowing Base then in effect. The Revolving Credit Facility may be prepaid in whole or in part from time to time without penalty or premium, but including all breakage costs incurred by any lender thereunder. If borrowings are outstanding under the Credit Agreement, interest accrues at a rate per annum equal to (i) the then-current Secured Overnight Financing Rate (“SOFR”) plus a margin ranging from 1.25% to 1.75%, with the amount of such margin determined based upon the average of the Borrowers’ excess availability (as defined) for the immediately preceding fiscal quarter as calculated by the administrative agent, for loans based on SOFR, or (ii) the administrative agent’s base rate plus a margin ranging from 0.25% to 0.75%, with the amount of such margin determined based upon the average of the Borrowers’ excess availability (as defined) for the immediately preceding fiscal quarter as calculated by the administrative agent, for loans based on the base rate. In the event excess availability falls below the greater of (i) $30 million and (ii) 10% of the lesser of (a) the borrowing base and (b) the aggregate revolver commitments of all lenders at such time, the Credit Agreement requires maintenance of a fixed charge coverage ratio of 1.0 to 1.0 until such time as the Borrowers’ excess availability has been at least the greater of (i) $30 million and (ii) 10% of the lesser of (a) the borrowing base and (b) the maximum permitted credit at such time for a period of 30 consecutive days. The Credit Agreement replaced the Borrowers’ existing $350 million secured revolving credit facility, dated April 13, 2018, as amended, by and among the Company, certain of the Company’s subsidiaries, as borrowers or guarantors thereunder, Wells Fargo Bank, National Association, in its capacity as administrative agent, and certain other financial institutions party thereto (the “Prior Revolving Credit Facility”). No borrowings were outstanding on the Prior Revolving Credit Facility on August 27, 2025 and the balance of its unamortized debt issuance costs was not material. As of January 3, 2026, we had zero outstanding borrowings and excess availability, including cash in qualified accounts, of $725.9 million under our Revolving Credit Facility. As of December 28, 2024, we had zero outstanding borrowings on the Prior Revolving Credit Facility and excess availability, including cash in qualified accounts, of $851.8 million under our Prior Revolving Credit Facility. Available borrowing capacity under our Revolving Credit Facility and Prior Revolving Credit Facility was $340.1 million and $346.2 million on January 3, 2026 and December 28, 2024, respectively. During fiscal 2025, fiscal 2024, and fiscal 2023, the Company incurred no interest expense for the Revolving Credit Facility or Prior Revolving Credit Facility since no borrowings were outstanding during those fiscal years. During fiscal 2025, 2024, and 2023, the Company incurred $0.9 million, $1.0 million, and $1.0 million respectively, of fees associated with the Revolving Credit Facility, primarily unused line fees. These expenses are included in Interest expense, net on the Company‘s consolidated statement of operations. Debt Covenants The Revolving Credit Facility and the 2029 Notes contain various covenants and restrictions, including customary financial covenants. The Company’s right to make draws on the Revolving Credit Facility may be conditioned upon, among other things, compliance with these covenants. The Company was in compliance with all covenants as of January 3, 2026. These covenants also limit the Company’s ability to, among other things incur additional debt, grant liens on assets, make investments, repurchase stock, pay dividends and make distributions, sell or acquire assets, including certain real estate assets, outside the ordinary course of business, engage in transactions with affiliates, and make fundamental business changes. Finance Lease Obligations The Company’s finance lease liabilities consist of leases related to vehicles, real estate, and equipment. For more information on the Company’s finance lease obligations, refer to Note 13, Lease Commitments, to the consolidated financial statements.
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Fair Value |
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| Fair Value Disclosures [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Fair Value | Fair Value As of January 3, 2026 and December 28, 2024, the Company has no assets or liabilities for which the carrying value is remeasured to fair value at the end of each reporting period. The Company has not elected the fair value reporting option for any of its financial instruments. Fair Value Disclosures The fair value of cash, cash equivalents, accounts receivable, accounts payable and accrued liabilities, to the extent the underlying liability will be settled in cash, approximates the carrying values because of the short-term nature of these instruments. Debt The estimated fair value of the Company’s 2029 Notes was determined based on Level 2 input using observable market prices in less active markets, as presented below:
(1) The $300 million obligation for the 2029 Notes is presented on the Company’s consolidated balance sheets net of unamortized debt issuance costs and discount totaling $3.3 million and $4.9 million as of January 3, 2026 and December 28, 2024, respectively. Periodic amortization of the issuance costs and discount each reporting period causes the carrying value of the 2029 Notes to gradually increase to the $300 million maturity amount scheduled for November 15, 2029. See Note 8, Debt and Finance Lease Obligations, to the consolidated financial statements. There were no borrowings outstanding under the Company’s Revolving Credit Facility or Prior Revolving Credit Facility during fiscal 2025 or fiscal 2024. However, the fair value of any outstanding borrowing under the revolving credit facilities would approximate the carrying value of the outstanding borrowings since the interest rate is variable and reflective of market interest rates.
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Employee Retirement Plans |
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| Retirement Benefits [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Employee Retirement Plans | Employee Retirement Plans Multi-Employer Pension Plans The Company is involved in various multi-employer pension plans (“MEPPs”) that provide retirement and certain disability benefits to certain union employees in accordance with certain collective bargaining agreements (“CBAs”). As one of many participating employers in these MEPPs, the Company is generally responsible with the other participating employers for any plan underfunding. The Company’s contributions to a particular MEPP are established by the applicable CBAs, however required contributions may increase based on the funded status of an MEPP and legal requirements such as those of the Pension Act, which requires substantially underfunded MEPPs to implement a funding improvement plan (“FIP”) or a rehabilitation plan (“RP”) to improve their funded status. Factors that could impact funded status of an MEPP include, without limitation, investment performance, changes in the participant demographics, decline in the number of contributing employers, changes in actuarial assumptions, and the utilization of extended amortization provisions. A FIP or RP requires a particular MEPP to adopt measures to correct its underfunded status. These measures may include, but are not limited to, an increase in the Company’s contribution rate to the applicable CBA, a reallocation of the contributions already being made by participating employers for various benefits to individuals participating in the MEPP, and/or a reduction in the benefits to be paid to future and/or current retirees. The Company could also be obligated to make future payments to MEPPs if it either ceases to have an obligation to contribute to the MEPP or significantly reduces its contributions to the MEPP because the Company reduced its number of employees who are covered by the relevant MEPP for various reasons, including, but not limited to, layoffs or closures, assuming the MEPP has unfunded vested benefits. The amount of such payments (known as a complete or partial withdrawal liability) generally would equal the Company’s proportionate share of the plan’s unfunded vested benefits. Only one of the MEPP plans is currently deemed to be significant to the Company, and the following table provides the required disclosures for this plan. “Contributions” represent the amounts contributed by the Company during the fiscal years presented:
(1) Funding Improvement Plan or Rehabilitation Plan, as defined by the Pension Protection Act of 2006 The Company’s contributions to the Central States Plan are approximately 0.1% of total contributions, which is less than the required disclosure threshold of five percent of total plan contributions. However, this plan is deemed significant for disclosure as it is severely underfunded, as defined. The current CBA that requires contributions to the plan expires on December 31, 2028. In May 2020, the Company received a demand letter for payment resulting from its partial withdrawal in 2018 from the Central States Plan and started making payments in June 2020. These payments are payable monthly for a period of 20 years. The Company’s liability for the remainder of these payments was $6.2 million as of January 3, 2026. The Company may, in the future, record an additional liability if required by an event of our complete withdrawal from the plan or a mass withdrawal. The Company’s most recent contingent withdrawal liability was estimated at approximately $30.4 million for a complete withdrawal occurring in 2025. In the case of a complete withdrawal or a mass withdrawal, the Central States Plan could demand yearly payments of approximately $0.7 million, which do not include payments for the partial withdrawal of approximately $0.6 million annually. In a complete withdrawal, the payments would not amortize the liability fully; however, payments for a complete withdrawal are limited to a 20-year period. In the case of a mass withdrawal, the liability would not amortize fully under current government regulations, and payments would continue indefinitely. Defined Contribution Plans Eligible Company employees can participate in one of two defined contribution plans: the BlueLinx Corporation Hourly Savings Plan (“Hourly Plan”) covering most hourly employees or the BlueLinx Corporation Salaried Savings Plan (“Salaried Plan”) covering salaried employees and specific hourly employees groups not included in the Hourly Plan. Effective January 1, 2025, these plans were merged into the LifeSight Pooled Employer Plan (“LifeSight PEP”) as distinct participating employer plans. Additionally, effective January 1, 2026 the two plans were merged into a singular plan under LifeSight PEP. Discretionary matching contributions to the plans are based on employee contributions and compensation, and, in certain cases, participants in the Hourly Plan also receive employer contributions based on union negotiated match amounts. Employer contributions to the Hourly Plan for fiscal year 2025 were approximately $1.1 million, of which $0.1 million was for fiscal 2024. Employer contributions for fiscal 2024 were approximately $1.1 million, of which less than $0.1 million was for fiscal 2023. Employer contributions were approximately $0.9 million for fiscal 2023. Employer contributions to the salaried savings plan for fiscal 2025 were approximately $2.7 million, of which $0.2 million was for fiscal 2024. Employer contributions to the salaried savings plan for fiscal 2024 were approximately $2.5 million, of which $0.1 million was for fiscal 2023. Employer contributions to the salaried savings plan for fiscal 2023 were approximately $2.5 million. Single-Employer Defined Benefit Pension Plan As previously disclosed, in October 2022, the Company, as sponsor, notified participants in its noncontributory defined benefit pension plan (the “DB Plan”) that the Company intended to transfer financial responsibility for the management and delivery of continuing benefits associated with the DB Plan to a highly rated insurance company with pension settlement experience. Most of the participants in the DB Plan were inactive, with all remaining active participants no longer accruing benefits, and the DB Plan had been previously closed to new entrants. The DB Plan’s accumulated benefit obligation and its projected benefit obligation were the same amount (a “frozen” plan), and the Company has not incurred service cost under the plan since fiscal year 2019. Benefits under the plan were primarily related to years of service. The DB Plan’s assets were maintained in a separate trust entity prior to settlement, and then used to fund the settlement transaction as described below. Effective December 5, 2023, the Company settled the frozen DB Plan by purchasing an irrevocable nonparticipating annuity contract with an insurance company (the “buy-out contract”). The buyout contract met the requirements for a settlement, as that term is defined in ASC No. 715, Compensation-Retirement Benefits, and the DB Plan and Company, as sponsor, have been relieved of primary responsibility for the benefits obligations. Immediately before the settlement, benefit obligations and plan assets of the DB Plan were $78.7 million and $78.7 million, respectively. The plan assets included a final cash contribution of $6.9 million made by the Company in fiscal 2023, as sponsor, at the time the buy-out contract was purchased. During fiscal 2024, the Company received a net refund of $2.5 million related to an adjustment to the settlement cost. Substantially all of the plan assets were used to purchase the buyout contract from the insurance company on December 5, 2023. Just prior to settlement, the Company’s accumulated other comprehensive loss included unrecognized pension cost of $30.4 million plus unrecognized deferred taxes of $4.5 million, for a total of $34.9 million and these amounts were reclassified into earnings at settlement in fourth quarter of fiscal 2023. The net adjustment to other comprehensive income for fiscal 2023 was a $32.7 million pre-tax loss. The amount for fiscal 2023 included a $30.4 million settlement loss. The remainder of the amount for fiscal 2023 was primarily due to a combination of actuarial adjustments at year end in addition to the amortization of unrealized gain and/or losses throughout the fiscal year. The net periodic pension (benefit) cost for the plan included the following:
(1) On the Company’s consolidated statements of operations, reported within Other expenses (income), net (2) The DB Pension Plan was frozen, and no service cost had been incurred for the plan after fiscal 2019. The settlement loss in fiscal 2023 and adjustment in fiscal 2024 are reported as a non-operating expense on the Company’s consolidated statement of operations.
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Share-Based Compensation |
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| Share-Based Compensation | Share-Based Compensation The Company maintains the BlueLinx Holdings, Inc. 2021 Long-Term Incentive Plan (the “2021 Plan”), which permits the grant of nonqualified stock options, incentive stock options, stock appreciation rights, restricted stock, restricted stock units (“RSUs”), performance shares, performance units, cash-based awards, and other share-based awards to eligible employees and board members who are selected by the Company’s board of directors or a committee of the board of directors. The Company reserved 750,000 shares of its common stock for issuance under the 2021 Plan. At any time, the number of remaining shares available for future grants against the 750,000 share authorization is determined by: subtracting the number of shares associated with grants that have been issued under the 750,000 share authorization, whether vested or unvested; adding the number of shares associated with those grants that have been either subsequently forfeited or cancelled; and adding the number of shares that were repurchased by the Company at vesting to satisfy employee payroll withholding taxes for grants, other than any grants of SARs or stock options, that were issued against the 750,000 share authorization. Additionally, shares available for issuance under the 2021 Plan include certain shares associated with grants made under the Company’s prior equity compensation plans, as follows: forfeitures and cancellations of grants that occur after May 20, 2021, and shares repurchased by the Company to satisfy employee payroll withholding taxes for grants, other than any grants of SARS or stock options, that vest after May 20, 2021. As of January 3, 2026, there were 343,831 shares of common stock available for issuance pursuant to future equity-based compensation awards under the 2021 Plan. The Company typically issues new shares of its common stock to participants upon the exercise or vesting of vested grants out of the total amount of common shares available for issuance under the aforementioned plan. The 2021 Plan does not permit the payment of dividends or dividend equivalents on unvested grants that include underlying shares of the Company’s common stock. During fiscal 2024 and 2023, the Company issued service-based and performance-based RSU grants to eligible employees and members of the Company’s board of directors. During fiscal 2025, the Company issued service-based and market-based RSU grants to eligible employees and members of the Company’s board of directors. Performance-based and market-based grants typically also have a service requirement for vesting, similar to the service-based awards. Each RSU represents a contingent right to receive one share of our common stock at a future date. Service-Based Restricted Stock Units (Time-based) Service-based RSUs are issued to eligible employees and members of the Company’s board of directors. Service-based RSUs issued to members of the Company’s board of directors typically vest over a one-year service vesting period, although a pro-rated portion of the award may vest and settle prior to the one-year period with the remainder forfeited if the director is not standing for re-election or upon retirement from the Company’s board of directors. Service-based RSUs issued to employees of the Company typically vest ratably over a three-year service vesting period. The following table summarizes activity for service-based RSUs for fiscal years 2025, 2024, and 2023:
The total fair value of service-based RSUs that vested in fiscal 2025, 2024, and 2023 was $7.4 million, $11.0 million and $14.3 million, respectively. If all grant recipients provide the required service to the Company over the remaining vesting periods, all 301,572 of the outstanding time-based RSUs are expected to vest. Performance-Based Restricted Stock Units Performance-based RSUs are issued to eligible employees and typically vest over a three-year period based on the achievement of performance goals based on three-year cumulative adjusted EBITDA (earnings before interest, taxes, depreciation and amortization) of the Company and three-year average return on working capital (“ROWC”) for the Company. The grant recipient must also typically complete a three-year service vesting period. Expense for fiscal year 2024 included a credit of $4.3 million related to cumulative adjustments for performance-based RSUs granted in 2022 and 2023. At the time of the expense adjustments in fiscal 2024, the performance metrics for the 2022 performance-based RSUs were expected to be partially achieved while the performance metrics for the 2023 performance-based RSUs were not expected to be achieved. Based on the partial achievement of the performance metrics through the end of the performance period on June 28, 2025 for the 2022 performance-based RSUs, a total of 5,780 shares of common stock were issued with a grant-date fair value of $0.4 million and 34,275 of the RSUs expired unvested in fiscal 2025. Expense for fiscal year 2025 includes a credit of $1.2 million related to cumulative adjustments for performance-based RSUs granted in 2024. At the time of the expense adjustments in fiscal 2025, the performance metrics for the 2024 performance-based RSUs were not expected to be achieved. No performance-based RSUs were granted in fiscal 2025. The following table summarizes activity for performance-based RSUs for fiscal years 2025, 2024 and 2023. The number outstanding as of December 30, 2023, December 28, 2024, and January 3, 2026 include all then-outstanding performance-based RSUs, including those for which the performance criteria were not expected to be achieved at or before the applicable vesting periods.
Based on the expected achievement of the performance metrics as of January 3, 2026, none of the 78,809 outstanding performance-based RSUs are expected to vest. Market-Based Restricted Stock Units During fiscal 2025, the Company issued RSUs to certain members of senior management that vest based on the performance of the Company’s common stock and total shareholder return over a three-year period compared to a group of other public companies that also serve the building products industry. The grant recipients must also provide service to the Company over the three-year period in order for these market-based RSUs to vest.
Based on an interim assessment of the market-based metrics through January 3, 2026, the Company expects that approximately 45% of the outstanding market-based RSUs will vest. This estimate will likely change over the course of the three-year evaluation period that ends June 30, 2028. Compensation Expense During fiscal years 2025, 2024 and 2023, the Company recognized share-based compensation expense of $11.3 million, $7.7 million, and $12.1 million, respectively. The Company recognized related income tax benefits in fiscal years 2025, 2024 and 2023 of $3.3 million, $2.8 million, and $2.6 million, respectively. As of January 3, 2026, there was approximately $26.4 million of unrecognized compensation expense associated with all of the unvested RSUs and $21.6 million excluding the outstanding 2023 and 2024 performance-based RSUs that are not currently expected to vest. The unrecognized compensation expense is expected to be recognized over a weighted average term of approximately 2.04 years.
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Stockholders' Equity, Earnings Per Share and Share Repurchases |
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| Earnings Per Share [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Stockholders' Equity, Earnings Per Share and Share Repurchases | Stockholders' Equity, Earnings Per Share and Share Repurchases Stockholders’ Equity - Common Stock and Preferred Stock The Company has authorized 20 million shares of common stock with a par value of $0.01 per share. The Company has only one class of common stock authorized and issued. Holders of the Company’s common stock are entitled to one vote for each share held of record on all matters submitted to a vote of stockholders and there are no cumulative voting rights. The Company’s common stock has no preemptive, redemption, conversion or subscription rights. The Company has generally not paid cash dividends on its common stock. Any future dividend payments would be subject to the discretion of the Company’s board of directors and contractual restrictions under the Company’s revolving credit facility and senior secured notes. The BlueLinx Holdings Inc. 2021 Long-Term Incentive Plan does not permit the payment of dividends or dividend equivalents on unvested grants that include underlying shares of the Company’s common stock. The Company has authorized 30 million shares of preferred stock with a par value of $0.01 per share. The Company has never issued any shares of preferred stock. The Company’s board of directors is authorized to issue, at any time and from time to time, shares of preferred stock in one or more series. The shares of preferred stock in any series can have preferences with respect to the Company’s common stock and other series of preferred stock, and such other rights, restrictions or limitations with respect to voting, dividends, conversion, exchange, redemption and any other matters, as may be set forth by the Company’s board of directors. Earnings Per Share The Company calculates basic earnings per share by dividing net income for the period by the weighted average number of common shares outstanding for the period. For rounding purposes when calculating earnings per share, the Company’s policy is to round down to the whole cent. Diluted earnings per share are calculated using the treasury stock method whereby net income for the period is divided by the weighted average number of common shares outstanding for the period plus the dilutive effect, if any, of shares of stock associated with unvested share-based grants. For unvested performance-based share-based grants, the dilutive effect is included only for grants where the performance goals have been achieved as of the end of the current reporting period. For unvested market-based share-based grants, the dilutive effect is included to the extent that some or all of the market-based vesting requirements have been achieved under a hypothetical assumption that the end of the current reporting period is also the end of the measurement period for the market-based metrics. The reconciliations of basic net income and diluted earnings per common share for fiscal 2025, 2024, 2023 were as follows:
Weighted-average unvested restricted stock units totaling 121,057, 376, and 107,498, for fiscal years 2025, 2024, and 2023, respectively, were not included in the dilutive effect of share-based awards for the respective periods because their effects were antidilutive. Additionally, as of January 3, 2026, December 28, 2024, and December 30, 2023, unvested performance-based RSUs of 78,809, 118,938, and 82,042, respectively, were not evaluated for their potential dilutive effects because their performance metrics had not been achieved as of the end of the respective reporting periods. The dilutive effects for these excluded awards could change in future reporting periods. Share Repurchases Under the Company’s share repurchase programs, the Company may repurchase its common stock from time to time, without prior notice, subject to prevailing market conditions and other considerations. Repurchases may be made through a variety of methods, which may include open market purchases, privately negotiated transactions, accelerated share repurchase programs, tender offers or pursuant to a trading plan that may be adopted in accordance with the Securities and Exchange Commission Rule 10b5-1. 2021/2022 Authorization On August 23, 2021, the Company’s board of directors approved a stock repurchase program that authorized the Company to repurchase up to $25.0 million of its common stock. On May 3, 2022, the Company’s board of directors increased the share repurchase authorization to $100 million. During fiscal 2023, the Company exhausted the remaining available capacity under its stock repurchase program by completing the repurchases of 404,796 shares at an average price of $82.91 through October 2023. 2023 Authorization On October 31, 2023, the Company’s board of directors authorized a share repurchase program for $100 million. During fiscal 2023, the Company repurchased 101,516 shares of its common stock at an average price of $84.45, including broker commissions but excluding excise taxes. During fiscal 2024, the Company repurchased 428,630 shares of its common stock at an average price of $104.90, including broker commissions but excluding excise taxes. During fiscal 2025, the Company repurchased 503,556 shares of its common stock at an average price of $74.97, including broker commissions but excluding excise taxes. As of January 3, 2026, a total of 1,033,702 shares of the Company’s commons stock have been repurchased under the 2023 authorization at an average price of $88.32, including broker commissions but excluding excise taxes. As of January 3, 2026, there remains $8.7 million repurchase capacity under the 2023 authorization. 2025 Authorization On July 28, 2025, the Company’s board of directors authorized a new share repurchase program for $50 million. The 2025 authorization may be used after exhaustion of the 2023 authorization. Common stock repurchases of $38.1 million, $45.3 million, and $42.5 million for fiscal years 2025, 2024, and 2023, respectively, as indicated on the Company’s consolidated statement of stockholders’ equity include accrued excise taxes of $0.3 million, $0.4 million and $0.3 million, respectively, that are deemed to be a cost of the share repurchases. Excise taxes levied against a current year’s share repurchases are typically paid in the following year per applicable law. On the Company’s consolidated statements of cash flow, these excise taxes are reflected in the fiscal period of payment.
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Lease Commitments |
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| Leases [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Lease Commitments | Lease Commitments The Company has operating and finance leases for certain of its distribution facilities, office space, land, mobile fleet, and equipment. Many of these leases are non-cancelable and typically have a defined initial lease term, and some provide options to renew at the Company’s election for specified periods of time. The majority of these leases have remaining lease terms of to 15 years, some of which include one or more options to extend the leases for five years. Certain leases include provisions for escalating rent based on, among other things, contractually defined increases and/or changes in the Consumer Price Index (“CPI”). The known changes to lease payments are included in the lease liability at lease commencement. Unknown changes related to CPI are treated as variable lease payments and recognized in the period in which the obligation for those payments was incurred. In addition, a subset of vehicle lease cost is considered variable. Some leases require the Company to pay taxes, insurance, and maintenance expenses associated with the leased assets. The lease agreements do not contain any material residual value guarantees or material restrictive covenants. The Company determines if an arrangement is a lease at inception and assesses lease classification as either operating or finance at lease inception or modification. Operating lease right-of use (“ROU”) assets and liabilities are presented separately on the consolidated balance sheets. Finance lease ROU assets are included in property and equipment, and the finance lease obligations are presented separately in the consolidated balance sheets. When a lease does not provide an implicit interest rate, the Company uses its incremental borrowing rate based on the information available at the commencement date in determining the present value of future payments. The Company has also made an accounting policy election to not separate lease components from non-lease components related to its mobile fleet asset class. The Company’s finance lease liabilities consist of leases related to real estate, equipment and vehicles. A majority of the Company’s finance leases relate to real estate. During fiscal 2017 and fiscal 2018, the Company entered into real estate financing transactions on certain of its warehouse facilities. These transactions were completed pursuant to sale-leaseback arrangements, and upon their completion, the Company entered into long-term leases on the properties having renewal options. The Company accounted for these transactions in accordance with the ASC 840, Leases, which was the lease accounting standard in effect for the Company at the inception of these arrangements. The Company recorded these transactions as finance lease liabilities on its consolidated balance sheet. Gains on these sale-leaseback transactions were deferred and are being recognized in earnings. As of January 3, 2026 and December 28, 2024, the remaining unrecognized deferred gains related to these transactions were $63.3 million and $67.2 million, respectively, and these deferred gains are being recognized in earnings on a straight-line basis. During fiscal 2025, 2024 and 2023, the Company recognized $3.9 million, $3.9 million, $3.9 million, respectively, of these deferred gains. The following table presents the assets and liabilities related to the Company’s finance and operating leases as of January 3, 2026 and December 28, 2024:
(1) Finance lease right-of-use assets are presented net of accumulated amortization of $116.3 million and $112.3 million as of January 3, 2026 and December 28, 2024, respectively. (2) During fiscal 2025, 2024 and 2023, the Company added fleet assets under finance leases of $44.6 million, $19.4 million and $19.9 million, respectively. These additions did not involve cash outlays and therefore are not included in “Property and equipment investments” within cash flows from investing activities on the Company’s consolidated statements of cash flows. The components of lease expense were as follows:
Cash flow information related to leases was as follows:
Non-cash supplemental cash flow information related to leases was as follows:
Supplemental balance sheet information for right-of-use assets related to leases was as follows:
The major categories of the Company’s finance lease liabilities as of January 3, 2026 and December 28, 2024 are as follows:
(1) Amounts include $124.1 million and $125.1 million as of January 3, 2026 and December 28, 2024, respectively, for sale-leasebacks of real estate in fiscal 2019 and 2020 that did not qualify for sale treatment for accounting purposes. Under the short-term lease exception provided within ASC 842, the Company does not record a lease liability or right-of-use asset for any lease that has a lease term of 12 months or less at commencement. Below is a summary of undiscounted finance and operating lease liabilities that have initial terms in excess of one year as of January 3, 2026. The table also includes a reconciliation of the future undiscounted cash flows to the present value of the finance and operating lease liabilities included in the consolidated balance sheets, including options to extend lease terms that are reasonably certain of being exercised.
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| Lease Commitments | Lease Commitments The Company has operating and finance leases for certain of its distribution facilities, office space, land, mobile fleet, and equipment. Many of these leases are non-cancelable and typically have a defined initial lease term, and some provide options to renew at the Company’s election for specified periods of time. The majority of these leases have remaining lease terms of to 15 years, some of which include one or more options to extend the leases for five years. Certain leases include provisions for escalating rent based on, among other things, contractually defined increases and/or changes in the Consumer Price Index (“CPI”). The known changes to lease payments are included in the lease liability at lease commencement. Unknown changes related to CPI are treated as variable lease payments and recognized in the period in which the obligation for those payments was incurred. In addition, a subset of vehicle lease cost is considered variable. Some leases require the Company to pay taxes, insurance, and maintenance expenses associated with the leased assets. The lease agreements do not contain any material residual value guarantees or material restrictive covenants. The Company determines if an arrangement is a lease at inception and assesses lease classification as either operating or finance at lease inception or modification. Operating lease right-of use (“ROU”) assets and liabilities are presented separately on the consolidated balance sheets. Finance lease ROU assets are included in property and equipment, and the finance lease obligations are presented separately in the consolidated balance sheets. When a lease does not provide an implicit interest rate, the Company uses its incremental borrowing rate based on the information available at the commencement date in determining the present value of future payments. The Company has also made an accounting policy election to not separate lease components from non-lease components related to its mobile fleet asset class. The Company’s finance lease liabilities consist of leases related to real estate, equipment and vehicles. A majority of the Company’s finance leases relate to real estate. During fiscal 2017 and fiscal 2018, the Company entered into real estate financing transactions on certain of its warehouse facilities. These transactions were completed pursuant to sale-leaseback arrangements, and upon their completion, the Company entered into long-term leases on the properties having renewal options. The Company accounted for these transactions in accordance with the ASC 840, Leases, which was the lease accounting standard in effect for the Company at the inception of these arrangements. The Company recorded these transactions as finance lease liabilities on its consolidated balance sheet. Gains on these sale-leaseback transactions were deferred and are being recognized in earnings. As of January 3, 2026 and December 28, 2024, the remaining unrecognized deferred gains related to these transactions were $63.3 million and $67.2 million, respectively, and these deferred gains are being recognized in earnings on a straight-line basis. During fiscal 2025, 2024 and 2023, the Company recognized $3.9 million, $3.9 million, $3.9 million, respectively, of these deferred gains. The following table presents the assets and liabilities related to the Company’s finance and operating leases as of January 3, 2026 and December 28, 2024:
(1) Finance lease right-of-use assets are presented net of accumulated amortization of $116.3 million and $112.3 million as of January 3, 2026 and December 28, 2024, respectively. (2) During fiscal 2025, 2024 and 2023, the Company added fleet assets under finance leases of $44.6 million, $19.4 million and $19.9 million, respectively. These additions did not involve cash outlays and therefore are not included in “Property and equipment investments” within cash flows from investing activities on the Company’s consolidated statements of cash flows. The components of lease expense were as follows:
Cash flow information related to leases was as follows:
Non-cash supplemental cash flow information related to leases was as follows:
Supplemental balance sheet information for right-of-use assets related to leases was as follows:
The major categories of the Company’s finance lease liabilities as of January 3, 2026 and December 28, 2024 are as follows:
(1) Amounts include $124.1 million and $125.1 million as of January 3, 2026 and December 28, 2024, respectively, for sale-leasebacks of real estate in fiscal 2019 and 2020 that did not qualify for sale treatment for accounting purposes. Under the short-term lease exception provided within ASC 842, the Company does not record a lease liability or right-of-use asset for any lease that has a lease term of 12 months or less at commencement. Below is a summary of undiscounted finance and operating lease liabilities that have initial terms in excess of one year as of January 3, 2026. The table also includes a reconciliation of the future undiscounted cash flows to the present value of the finance and operating lease liabilities included in the consolidated balance sheets, including options to extend lease terms that are reasonably certain of being exercised.
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Commitments and Contingencies |
12 Months Ended |
|---|---|
Jan. 03, 2026 | |
| Commitments and Contingencies Disclosure [Abstract] | |
| Commitments and Contingencies | Commitments and Contingencies Regulatory Matters Government and regulatory agencies may have the ability to conduct routine audits and periodic examinations of, and administrative proceedings regarding, the Company’s business operations. As previously disclosed, U.S. Customs gathered initial information from the Company under routine audit procedures, and the information indicated that the Company potentially underpaid import duties in prior periods arising from certain classification discrepancies for products imported into the United States as separately entered shipments. In working with U.S. Customs, the Company has exercised reasonable care to address this matter in an equitable and expeditious manner through the filing of a prior disclosure submission with U.S. Customs. As of January 3, 2026, the Company estimates that it will be required to pay approximately $8.0 million, excluding any interest. This amount is reflected in Other current liabilities on the Company’s consolidated balance sheets as of January 3, 2026 and December 28, 2024. On the Company’s consolidated statement of operations, expense of $8.0 million, excluding interest, was recognized during fiscal 2024 within Cost of products sold. In addition, as previously disclosed, U.S. Customs issued proposed notices of action to the Company, asking for confirmation that certain plywood products the Company imported into the United States originated from Vietnam as opposed to China. The Company has provided responses to U.S. Customs and believes that the information it has provided supports the declared origins of the plywood. The Company understands that the review by U.S. Customs of the Company’s imports of certain plywood products from Vietnam remains pending; if the government disagrees with the Company and determines the plywood from Vietnam that was identified in the proposed notice of action originated from China, the Company believes it is reasonably possible that it could be responsible for additional import duties on the entries identified by U.S. Customs that could range from zero to $4 million. The Company has not accrued any liability related to this matter due to its contingent status. For disclosure concerning another matter related to import duties, see Note 1, Summary of Significant Accounting Policies, to the consolidated financial statements, under the heading Inventory. Environmental Matters From time to time, the Company may be involved in proceedings involving various environmental and pollution control laws and regulations in the jurisdictions in which it operates. When the Company believes it has material financial exposure to these matters, it estimates and recognizes adequate liabilities and, if applicable, also timely records any expected recoveries from insurance coverages or subrogation in accordance with GAAP. Such liabilities, when recorded, may or may not be discounted, as required or permitted by GAAP. Based on presently available information, the Company has no material obligations for environmental matters as of January 3, 2026. Collective Bargaining Agreements As of January 3, 2026, the Company employed approximately 2,160 associates and less than one percent of these associates are employed on a part-time basis. Approximately 21 percent of these associates are represented by various local labor unions with terms and conditions of employment governed by Collective Bargaining Agreements (“CBAs”). Five CBAs covering approximately 4% of our associates are up for renewal in fiscal year 2026, of which one is currently in the renegotiation process. We expect to renegotiate the remainder before their expiration dates. Commitments to Purchase Inventory The Company’s purchase orders are based on near-term needs and are typically fulfilled by vendors within short time horizons. The Company does not have significant agreements for the purchase of inventory specifying minimum quantities or set prices that exceed expected requirements or that cannot be canceled by the Company within 30 to 60 days.
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Accumulated Other Comprehensive Income (Loss) |
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| Accumulated Other Comprehensive Income (Loss) | Accumulated Other Comprehensive Income (Loss) Comprehensive income (loss) is a measure of income which includes both net income (loss) and other comprehensive income (loss). Other comprehensive income (loss) results from items deferred from recognition in the Company’s consolidated statements of operations. Accumulated other comprehensive income (loss) is separately presented on the consolidated balance sheet as part of total stockholders’ equity. The changes in accumulated balances for each component of other comprehensive income for fiscal 2023 were as follows:
(1) Included $32.7 million related to the single-employer defined benefit pension plan, as follows: $(3.1) million net of tax of $1.1 million for actuarial adjustments; $0.9 million net of tax of $(0.3) for amortization of unrecognized amounts from prior years; and $30.4 million plus tax of $4.5 million for the settlement of the plan and reclassification of these amounts to earnings. (2) As of the end of fiscal 2023, the Company no longer has any items recorded in accumulated other comprehensive income (loss).
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Insider Trading Arrangements |
3 Months Ended |
|---|---|
Jan. 03, 2026 | |
| Trading Arrangements, by Individual | |
| Rule 10b5-1 Arrangement Adopted | false |
| Non-Rule 10b5-1 Arrangement Adopted | false |
| Rule 10b5-1 Arrangement Terminated | false |
| Non-Rule 10b5-1 Arrangement Terminated | false |
Insider Trading Policies and Procedures |
12 Months Ended |
|---|---|
Jan. 03, 2026 | |
| Insider Trading Policies and Procedures [Line Items] | |
| Insider Trading Policies and Procedures Adopted | true |
Cybersecurity Risk Management and Strategy Disclosure |
12 Months Ended |
|---|---|
Jan. 03, 2026 | |
| Cybersecurity Risk Management, Strategy, and Governance [Line Items] | |
| Cybersecurity Risk Management Processes for Assessing, Identifying, and Managing Threats [Text Block] | Our risk management program includes focused efforts on identifying, assessing and managing cybersecurity risk, including the following: •A robust information security training program that requires all company employees with access to our networks to participate in regular and mandatory training on how to be aware of, and help defend against, cyber risks, combined with periodic testing to measure the efficacy of our training efforts. •Alignment of our program with the National Institute of Standards and Technology Cybersecurity Framework 2.0 to identify, protect, detect, respond and recover from cyberattacks. •Real-time and robust testing of our systems to assess our vulnerability to cyber risk, which includes continuous penetration testing, tabletop incident response exercises, disaster recovery, periodic audits of our systems by outside industry experts and continuous vulnerability scanning. •Engaging external cybersecurity experts in incident response development and management. •Business continuity plans and critical recovery backup systems. •Maturity assessment and roadmap to sustain/improve security posture based on risk profile. The Company’s cyber risk management program is supervised by a dedicated Chief Information Officer (CIO) with over 25 years of experience in the information technology field, and who has served as our CIO since 2021. Our CIO is supported by a team with broad experience in cybersecurity management, with numerous related certifications. The Company’s CIO and his team are responsible for leading enterprise-wide information security strategy, policy, standards, architecture, and processes, as well as managing the Company’s information security and risk management awareness program. We provide regular awareness training to our employees, including periodic phishing tests, to help identify, avoid and mitigate cybersecurity threats. We also periodically perform simulations and tabletop exercises at a management level and incorporate external resources and advisors as needed. Cybersecurity Incident Response Process We maintain and actively update a cybersecurity incident response plan that outlines the steps we take to identify, investigate and take action in response to any potentially material cyber incidents. Our incident response plan ensures that our Chief Information Officer, members of our senior management team and select members of our legal staff, are timely informed of and consulted with respect to any potentially material cyber incidents.
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| Cybersecurity Risk Management Processes Integrated [Flag] | true |
| Cybersecurity Risk Management Processes Integrated [Text Block] | The Company’s cyber risk management program is supervised by a dedicated Chief Information Officer (CIO) with over 25 years of experience in the information technology field, and who has served as our CIO since 2021. Our CIO is supported by a team with broad experience in cybersecurity management, with numerous related certifications. The Company’s CIO and his team are responsible for leading enterprise-wide information security strategy, policy, standards, architecture, and processes, as well as managing the Company’s information security and risk management awareness program. |
| Cybersecurity Risk Management Third Party Engaged [Flag] | true |
| Cybersecurity Risk Third Party Oversight and Identification Processes [Flag] | true |
| Cybersecurity Risk Materially Affected or Reasonably Likely to Materially Affect Registrant [Flag] | false |
| Cybersecurity Risk Board of Directors Oversight [Text Block] | Our Board is engaged in the oversight of cybersecurity threat risk management. As reflected in the Audit Committee’s charter, the Board has specifically delegated responsibility for oversight of cybersecurity matters to the Audit Committee, which provides advice and guidance on the adequacy of the Company’s initiatives on, among other things, cybersecurity risk management. The Chief Information Officer presents regular updates to the Audit Committee and the full Board of Directors, on, among other things, the Company’s cyber risks and threats, and the status of projects in the Company’s multi-year roadmap to strengthen the Company’s information security systems to address the emerging threat landscape. |
| Cybersecurity Risk Board Committee or Subcommittee Responsible for Oversight [Text Block] | The Chief Information Officer presents regular updates to the Audit Committee and the full Board of Directors, on, among other things, the Company’s cyber risks and threats, and the status of projects in the Company’s multi-year roadmap to strengthen the Company’s information security systems to address the emerging threat landscape. |
| Cybersecurity Risk Process for Informing Board Committee or Subcommittee Responsible for Oversight [Text Block] | Our Board is engaged in the oversight of cybersecurity threat risk management. As reflected in the Audit Committee’s charter, the Board has specifically delegated responsibility for oversight of cybersecurity matters to the Audit Committee, which provides advice and guidance on the adequacy of the Company’s initiatives on, among other things, cybersecurity risk management. The Chief Information Officer presents regular updates to the Audit Committee and the full Board of Directors, on, among other things, the Company’s cyber risks and threats, and the status of projects in the Company’s multi-year roadmap to strengthen the Company’s information security systems to address the emerging threat landscape. |
| Cybersecurity Risk Role of Management [Text Block] | As reflected in the Audit Committee’s charter, the Board has specifically delegated responsibility for oversight of cybersecurity matters to the Audit Committee, which provides advice and guidance on the adequacy of the Company’s initiatives on, among other things, cybersecurity risk management. The Chief Information Officer presents regular updates to the Audit Committee and the full Board of Directors, on, among other things, the Company’s cyber risks and threats, and the status of projects in the Company’s multi-year roadmap to strengthen the Company’s information security systems to address the emerging threat landscape. |
| Cybersecurity Risk Management Positions or Committees Responsible [Flag] | true |
| Cybersecurity Risk Management Positions or Committees Responsible [Text Block] | The Chief Information Officer presents regular updates to the Audit Committee and the full Board of Directors, on, among other things, the Company’s cyber risks and threats, and the status of projects in the Company’s multi-year roadmap to strengthen the Company’s information security systems to address the emerging threat landscape. |
| Cybersecurity Risk Management Expertise of Management Responsible [Text Block] | The Company’s cyber risk management program is supervised by a dedicated Chief Information Officer (CIO) with over 25 years of experience in the information technology field, and who has served as our CIO since 2021. Our CIO is supported by a team with broad experience in cybersecurity management, with numerous related certifications. |
| Cybersecurity Risk Process for Informing Management or Committees Responsible [Text Block] | Our Board is engaged in the oversight of cybersecurity threat risk management. As reflected in the Audit Committee’s charter, the Board has specifically delegated responsibility for oversight of cybersecurity matters to the Audit Committee, which provides advice and guidance on the adequacy of the Company’s initiatives on, among other things, cybersecurity risk management. The Chief Information Officer presents regular updates to the Audit Committee and the full Board of Directors, on, among other things, the Company’s cyber risks and threats, and the status of projects in the Company’s multi-year roadmap to strengthen the Company’s information security systems to address the emerging threat landscape. The Company also engages third parties to periodically evaluate and audit aspects of the Company’s information security programs, including by conducting vulnerability assessments and penetration testing, and the results of those findings are reported to the Audit Committee and used to help identify potentially material risks and prioritize certain security initiatives.
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| Cybersecurity Risk Management Positions or Committees Responsible Report to Board [Flag] | true |
Summary of Significant Accounting Policies (Policies) |
12 Months Ended |
|---|---|
Jan. 03, 2026 | |
| Accounting Policies [Abstract] | |
| Basis of Presentation | Basis of Presentation BlueLinx Holdings Inc., including consolidated subsidiaries (collectively, the “Company”), is a leading wholesale distributor of residential and commercial building products in the United States. The Company is a two-step distributor and purchases products from manufacturers and distributes those products to dealers and other suppliers in local markets, who then sell those products to end users. The Company carries a broad portfolio of both branded and private-label stock keeping units (“SKUs”) across two principal product categories: specialty products and structural products. Specialty products include items such as engineered wood, siding, moulding and millwork, outdoor living, specialty lumber and panels, and industrial products. Structural products include items such as lumber, plywood, oriented strand board, rebar, and remesh. The Company also provides a wide range of value-added services and solutions aimed at relieving distribution and logistics challenges for its customers and suppliers, while enhancing their marketing and inventory management capabilities. These financial statements have been prepared in accordance with generally accepted accounting principles in the United States (“U.S. GAAP” or “GAAP”). The Company’s consolidated financial statements include the accounts of BlueLinx Holdings Inc. and its wholly owned subsidiaries. The Company is composed of a single reportable segment for financial reporting purposes. All significant intercompany accounts and transactions have been eliminated. After close of business on October 31, 2025, the Company’s wholly-owned subsidiary, BlueLinx Corporation, acquired all issued and outstanding membership interests of Disdero Lumber Co., LLC (“Disdero”). The acquisition of Disdero is accounted for by the Company under the provisions of Accounting Standards Codification (“ASC”) No. 805, Business Combinations (“ASC 805”), as a business combination under the acquisition method. The results of operations and cash flows for Disdero are included in the Company’s consolidated financial statements beginning November 1, 2025. See Note 2, Business Combination, to the consolidated financial statements. The Company operates on a 5-4-4 fiscal calendar. Its fiscal year ends on the Saturday closest to December 31 of each year and may comprise 53 weeks in certain years. The Company’s 2025 fiscal year contained 53 weeks and ended on January 3, 2026 (“fiscal 2025”). Fiscal 2024 contained 52 weeks and ended on December 28, 2024 (“fiscal 2024”). Fiscal 2023 contained 52 weeks and ended on December 30, 2023 (“fiscal 2023”). In a fiscal year with 53 weeks, Net sales, Cost of products sold, and employee compensation costs reflect 53 weeks of activity. However, certain other items, such as non-cash depreciation and amortization expenses that are based on the estimated useful lives of the underlying assets and costs that are incurred on a calendar month basis such as rent, are not adjusted in a 53-week fiscal year when compared to a 52-week fiscal year.
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| Consolidation | All significant intercompany accounts and transactions have been eliminated. |
| Use of Estimates | Use of Estimates The Company’s financial statements are prepared in conformity with U.S. GAAP, which requires management to make estimates based on assumptions about current, and for some estimates, future economic and market conditions, which affect reported amounts and related disclosures in its financial statements. Although these current estimates contemplate current and expected future conditions, as applicable, it is reasonably possible that actual conditions could differ from expectations, which could materially affect the Company’s financial position, results of operations and cash flows. The Company has made a number of estimates and assumptions relating to the reporting of assets and liabilities, the disclosure of contingent assets and liabilities, and reported amounts of revenues and expenses in preparing these financial statements in conformity with GAAP. The impacts of national and global events may also affect the Company’s accounting estimates, which may materially change from period to period due to such events. The Company’s management regularly evaluates these significant factors and makes adjustments where facts and circumstances dictate.
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| Revenue Recognition and Cost of Products Sold | Revenue Recognition and Cost of Products Sold The Company recognizes revenue when the following criteria are met: (1) contract with the customer has been identified; (2) performance obligations in the contract have been identified; (3) transaction price has been determined; (4) the transaction price has been allocated to the performance obligations; and (5) when (or as) performance obligations are satisfied. More specifically, revenue is recognized when control of the promised goods or services is transferred to the Company’s customers in an amount that reflects the consideration the Company is entitled to receive in exchange for those goods or services. The timing of revenue recognition largely is dependent on shipping terms. Revenue is recorded at the time of shipment for terms designated free on board (“FOB”) shipping point, which is a point in time. For sales transactions designated FOB destination, revenue is recorded when the product is delivered to the customer’s delivery site. All revenues recognized are net of trade allowances, cash discounts, and sales returns. Cash discounts and sales returns are estimated using historical experience. Trade allowances are based on the estimated obligations and historical experience. Adjustments to earnings resulting from revisions to estimates on discounts and returns have not been material in any of the reported periods. Certain customers may receive cash-based incentives or credits, which are accounted for as variable consideration. The Company estimates these amounts based on the expected amount to be provided to customers and then reduces the amount of revenue recognized. The Company believes that there will not be significant changes to its estimates of variable consideration. Sales and usage-based taxes are excluded from revenues. Contracts with customers are generally in the form of standard terms and conditions of sale. From time to time, the Company may enter into specific contracts, which may affect delivery terms. Performance obligations in contracts with customers generally consist solely of delivery of goods. For all sales channel types, consisting of warehouse, direct, and reload sales, the Company typically satisfies its performance obligations upon shipment. Customer payment terms are typical for the Company’s industry and may vary by the type and location of customers and by the products or services offered. The time period between invoicing and when payment is due is not deemed to be significant. For certain sales channels and/or products, standard payment terms may be as early as ten days and in limited situations we may require a customer to pay at time of delivery. Costs to obtain customer contracts are generally expensed as incurred. The Company generally expenses sales commissions when incurred because the amortization period would typically be one year or less. These costs are recorded within selling, general, and administrative (“SG&A”) expense.
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| Shipping and Handling | The Company has made an accounting policy election to treat outbound shipping and handling activities as an SG&A expense. Shipping and handling costs include amounts related to the administration of the Company’s logistical infrastructure, handling of material in its warehouses, and amounts pertaining to the delivery of products to customers, such as fuel and maintenance costs for its mobile fleet, wages for its drivers, and third-party freight charges. Substantially all of the amount reported in Cost of products sold on the Company’s consolidated statement of operations is composed of cost to purchase inventory for resale to customers, including the cost of inbound freight, volume incentives, and inventory adjustments. During fiscal 2025, 2024 and 2023, no one supplier represented more than 10% of the Company’s consolidated Cost of products sold.
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| Cash and Cash Equivalents | Cash and Cash Equivalents As of January 3, 2026 and December 28, 2024, the majority of the Company’s cash and cash equivalents were comprised of short-term funds. These funds invest in instruments that have a weighted-average maturity of three months or less, including cash, U.S. Treasury bills, notes and other obligations issued or guaranteed as to principal and interest by the U.S. Government or its agencies, and repurchase agreements secured by such obligations or cash. The Company’s policy is to classify such short-term highly liquid investments as cash equivalents. Also, the Company has cash deposits with financial institutions that are typically in excess of federally insured limits. Though the Company has not experienced any losses on its cash deposits to date and does not currently anticipate incurring any such losses, there can be no assurance that the Company will not experience losses in the future.
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| Accounts Receivable and Allowance | Accounts Receivable and Allowance Accounts receivable are stated at net realizable value, do not bear interest, and consist of amounts owed for orders shipped to customers. The Company has established an overall credit policy for sales to customers. Under the provisions of ASC No. 323, Financial Instruments-Credit Losses, that apply to the Company’s trade accounts receivable, a current expected credit loss (“CECL”) model is required. The Company believes that its accounts receivable are homogenous and concluded that they can be grouped into one pool when applying the CECL model. The CECL impairment model requires an estimate of expected credit losses, measured over the contractual life of a trade receivable, that considers forecasts of future economic conditions in addition to information about past events and current conditions, including specific customer account reviews, historical loss experience, and the creditworthiness of significant customers based on ongoing credit evaluations. The Company prospectively adopted Accounting Standards Update (“ASU”) No. 2025-05, Financial Instruments-Credit Losses (Topic 326); Measurement Losses for Accounts Receivable and Contract Assets” (“ASU 2025-05”), as of the beginning of its fiscal fourth quarter 2025. The Company elected the practical expedient in ASU 2025-05 that allows an entity to assume that the current conditions as of the balance sheet date will remain unchanged for the remaining life of the asset when developing a reasonable and supportable forecast for estimating any expected credit losses.
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| Inventory | Inventory The Company’s inventories consist mostly of finished goods inventory, with a very limited amount of work-in-process inventory. The cost of all inventories is determined by the moving average cost method. The Company includes all material charges directly incurred in bringing inventory to its existing condition and location, including the cost of inbound freight, volume incentives, inventory adjustments, tariffs, import duties and other import fees. The Company evaluates its inventory value at the end of each quarter to ensure that inventory, when viewed by category, is carried at the lower-of-cost-or-net-realizable-value (“LCNRV”), which also considers items that may be considered damaged, excess, and obsolete inventory. of the amount reported in Cost of products sold on the Company’s consolidated statement of operations is composed of costs incurred to purchase inventory that is subsequently resold to customers, including costs related to import duties and tariffs. Import duties and tariffs are not typically passed through to customers as separately billed charges. Certain import duties are classified by the U.S. Department of Commerce (the “Commerce Department”) as “antidumping or countervailing duties,” and these import duties may be subject to periodic review and adjustments by the Commerce Department through a process known as a trade remedy administrative review, which can result in both retroactive and prospective adjustments to import duty rates. At the time of importation, the Company tenders antidumping duty and countervailing duty cash deposits (as use of that term has been defined by the Commerce Department) to the U.S. Customs and Border Protection (“U.S. Customs”) and accounts for duties and tariffs based on the then-current rates in effect, and records any retroactive adjustments in the period in which U.S. Customs determines final duty rates at the time entries subject to antidumping and countervailing duties liquidate (as use of that term has been defined by the Commerce Department), typically through the resolution of a trade remedy administrative review proceeding
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| Consideration Received from Vendors and Paid to Customers | Consideration Received from Vendors and Paid to Customers Each fiscal year, the Company enters into agreements with certain vendors to provide inventory purchase rebates, generally based on achievement of specified volume purchasing levels. The Company also receives rebates related to price protection and various marketing allowances that are common industry practice. The Company accrues for the receipt of vendor rebates based on purchases, and also reduces the carrying value of the related inventory to reflect the net acquisition cost (purchase price less expected purchase rebates). In addition, the Company enters into agreements with many of its customers to offer customer rebates, generally based on achievement of specified sales levels and various marketing allowances that are common industry practice. The Company accrues for the payment of customer rebates based on sales to the customer, and also reduces its sales to report Net sales (sales price less expected customer rebates). Since these arrangements are typically on a calendar or fiscal year basis, adjustments to earnings resulting from revisions to rebate estimates have historically not been material.
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| Property and Equipment | Property and Equipment Property and equipment are recorded at cost. Lease obligations for which the Company assumes or retains substantially all the property rights and risks of ownership are capitalized. Amortization of assets recorded under finance leases is included in Depreciation and amortization in the Company’s consolidated statement of operations. Replacements of major units of property are capitalized and the replaced properties are retired. Replacements of minor components of property and repair and maintenance costs are charged to expense as incurred. Depreciation is computed using the straight-line method over the estimated useful lives of the related assets, which range from seven years to 15 years for land improvements, 15 years to 33 years for buildings, three years to seven years for machinery and equipment, including software. Leasehold improvements are depreciated over the lesser of 15 years or the remaining life of the expected lease term. Upon retirement or disposition of assets, cost and accumulated depreciation are removed from the related accounts and any gain or loss is included in earnings. The Company assesses long-lived assets other than goodwill for impairment whenever facts and circumstances indicate that the carrying amount may not be fully recoverable. If it is determined that the carrying amount of an asset is not recoverable, the Company compares the carrying amount of the asset to its fair value as estimated using discounted expected future cash flows, market values or replacement values for similar assets. The amount by which the carrying amount exceeds the fair value of the asset, if any, is recognized as an impairment loss.
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| Goodwill and Other Intangible Assets | Goodwill and Other Intangible Assets Goodwill Under the acquisition method of accounting for a business combination, goodwill is the excess of the consideration paid to acquire the business over the fair value of the assets acquired and liabilities assumed. Goodwill is not subject to amortization but must be assessed for impairment at least annually and more frequently if indicators of impairment exist. Goodwill must be assessed at the reporting unit level and since the Company operates within one single reporting unit, all of the Company’s goodwill is assessed at the enterprise level. The Company performs its annual goodwill assessment as of the first day of its fiscal fourth quarter. Testing goodwill for impairment requires the Company to compare the fair value of a reporting unit with its carrying amount, including goodwill. The Company typically utilizes the services of a third-party expert for assistance in assessing goodwill. There are two methods for assessing goodwill: the qualitative method and the quantitative method. The qualitative assessment may give the Company the option to evaluate, based on the weight of evidence, the significance of identified events and circumstances in the context of determining whether it is “more likely than not” (a likelihood of greater than 50%) that the fair value of a reporting unit is less than its carrying amount. ASC 350 provides a list of events and circumstances for the Company to consider when assessing goodwill under the qualitative method. If the Company can concludes based on the qualitative assessment that it is not “more likely than not” that the fair value of a reporting unit is less than its carrying amount, the Company is deemed to have completed its goodwill impairment test and does not need to perform the quantitative impairment test. If the Company concludes based on the qualitative assessment that it is “more likely than not” that the fair value of a reporting unit is less than its carrying amount, the Company is required to perform the quantitative impairment test. The Company may also elect to not perform the qualitative method and instead perform the quantitative test only. An assessment under the quantitative method requires the Company to estimate the enterprise’s fair value through valuation methods that utilize inputs such as projections of discounted cash flows, weighted-average cost of capital, comparisons to similar entities, future market and economic conditions, and market capitalization. In addition, the Company will evaluate the carrying value of goodwill for impairment between annual impairment assessments if an event occurs or circumstances change that would indicate the carrying amount may be impaired. Such events and indicators may include significant declines in the industries in which our products are used, significant changes in capital market conditions, or significant changes in our market capitalization. Other Intangible Assets Originating from Business Combinations The Company’s intangible assets that are deemed to have definitive lives are subject to amortization. These assets are subject to impairment testing if events or circumstances occur that indicate the carrying amounts may be impaired. Indefinite-lived intangible assets are not amortized, but, like goodwill, must be assessed for impairment at least annually and between annual impairment tests if an event occurs or circumstances change that would indicate that the carrying amount of finite-lived intangible asset may be impaired. For the Company’s Disdero business combination (see Note 2, Business Combination), the Company has made a preliminary determination that the acquired Disdero trade name intangible asset has an indefinite life since the Company, at this time, plans to use the Disdero trade name indefinitely in the operations of the acquired Disdero business.
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| Self-Insurance | Self-Insurance The Company is self-insured for its non-union and certain unionized employee health benefits. The Company purchases stop-loss insurance in order to establish certain limits to its exposure on a per claim basis, both individually and in the aggregate. Health benefits for some unionized employees for fiscal 2025, 2024 and 2023 were paid directly to a union trust, depending upon the union-negotiated benefit arrangement. The Company is also self-insured, up to certain limits, for workers’ compensation losses, general liability, and automotive liability losses, all subject to varying “per occurrence” retentions or deductible limits. It is the Company’s policy to self-insure, up to certain limits, traditional risks including workers’ compensation, comprehensive general liability, and auto liability. The Company’s self-insured deductible for each claim involving workers’ compensation, comprehensive general liability (including product liability claims), and auto liability is limited to $0.8 million, $0.8 million, and $2.0 million, respectively. The Company is also self-insured up to certain limits for the majority of its medical benefit plans ($0.3 million per covered person, per year). A provision for claims under this self-insured program, based on our estimate of the aggregate liability for claims incurred, is revised and recorded at least annually. The estimate is derived from both internal and external sources including but not limited to actuarial estimates. The actuarial estimates are subject to uncertainty from various sources, including, among others, changes in claim reporting patterns, claim settlement patterns, judicial decisions, legislation, and economic conditions. Although the Company believes that the actuarial estimates are reasonable, significant differences related to the items noted above could materially affect the Company’s self-insurance obligations, future expense and cash flow. As of January 3, 2026 and December 28, 2024, the self-insurance liabilities totaled $12.0 million and $11.8 million, respectively. The Company provides for estimated costs to settle both known claims and claims incurred but not yet reported by making periodic prepayments, considering our retention and stop loss limits. Liabilities of the Company associated with these claims are estimated, in part, by considering the frequency and severity of historical claims, both specific to the Company, as well as industry-wide loss experience and other actuarial assumptions. The Company determines its insurance obligations with the assistance of actuarial firms. Since there are many estimates and assumptions involved in recording insurance liabilities, and in the case of workers’ compensation, a significant period of time elapses before the ultimate resolution of claims, differences between actual future events, and prior estimates and assumptions could result in adjustments to these liabilities. The Company has deposits on hand with certain third-party insurance administrators and insurance carriers to cover its obligation for future payment of claims. These deposits are recorded in non-current assets in the Company’s consolidated balance sheets.
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| Leases | Leases The Company is the lessee in a lease contract when it obtains the right to control an asset associated with a particular lease. For operating leases, the Company records a right-of-use ("ROU") asset that represents its right to use an underlying asset for the lease term, and a corresponding lease liability that represents the Company’s obligation to make lease payments arising from the lease, both of which are recognized based on the present value of the future minimum lease payments over the lease term at the commencement date. Financing ROU assets associated with finance leases are included in property and equipment. Leases with a lease term of 12 months or less at inception are not recorded on the Company’s consolidated balance sheet and are expensed on a straight-line basis over the lease term in the consolidated statement of operations and comprehensive income. The Company determines the lease term by assuming the exercise of renewal options that are reasonably certain to occur. The Company uses the implicit rate in a lease agreement, and if that rate is not readily determinable, the Company’s incremental borrowing rate is used in determining the present value of future lease payments. When contracts contain lease and non-lease components, both components are accounted for as a single lease component. See Note 13, Lease Commitments, to the consolidated financial statements for additional information.
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| Income Taxes | Income Taxes The Company accounts for deferred income taxes using the liability method. Accordingly, deferred income tax assets and liabilities are recognized based on the income tax effects of temporary differences between the financial statement and income tax bases of assets and liabilities, as measured by current enacted income tax rates. All deferred income tax assets and liabilities are classified as noncurrent in the Company’s consolidated balance sheet. A valuation allowance is recognized if, based on the weight of available evidence, it is more likely than not (likelihood of more than 50%) that some portion or all the deferred income tax asset will not be realized. For additional information, see Note 7, Income Taxes, to the consolidated financial statements.
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| Pension Plans | Pension Plans Prior to December 5, 2023, the Company sponsored a noncontributory defined benefit pension plan (the “DB Pension Plan”). Most of the participants in the DB Pension Plan were inactive, with all remaining active participants no longer accruing benefits. The DB Pension Plan was closed to new entrants. The funding policy for the DB Pension Plan was based on actuarial calculations and the applicable requirements of federal law. Benefits under the plan primarily were related to years of service. The Company’s accounting policy election was to measure plan assets and benefit obligations as of December 31, which is the month-end that is closest to the Company’s fiscal year-end. As further disclosed in Note 10, Employee Retirement Plans, the Company, as sponsor, settled the frozen DB Pension Plan in December 2023. The Company is involved in various multiemployer pension plans (“MEPPs”) that provide retirement benefits to certain union employees in accordance with certain collective bargaining agreements (“CBAs”). As one of many participating employers in these MEPPs, the Company is generally responsible with the other participating employers for any plan underfunding. The Company’s contributions to a particular MEPP are established by the applicable CBAs; however, the Company’s required contributions may increase based on the funded status of an MEPP and legal requirements such as those of the Pension Act, which requires substantially underfunded MEPPs to implement a funding improvement plan (“FIP”) or a rehabilitation plan (“RP”) to improve their funded status. The settlement of the DB Pension Plan did not result in any changes to the multi-employer pension plans in which some of the Company’s union employees participate.
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| Fair Value | Fair Value Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. Authoritative guidance for fair value measurements establishes a three-level hierarchy that prioritizes the inputs to valuation models based upon the degree to which they are observable. The three levels of the fair value measurement hierarchy are as follows: •Level 1 - Inputs are quoted prices (unadjusted) in active markets for identical assets or liabilities that the reporting entity can access at the measurement date •Level 2 - Inputs are inputs other than quoted prices included within Level 1 that are observable for the asset or liability, either directly or indirectly •Level 3 - Inputs are unobservable inputs for which little or no market data exists, therefore requiring an entity to develop its own assumptions Assets acquired and liabilities assumed by the Company through a business combination are initially recorded at their acquisition-date fair values. The Company has no assets or liabilities for which their carrying values are remeasured to fair value at the end of each reporting period. However, the Company is required to disclose the fair values for certain assets and liabilities. See Note 9, Fair Value, for additional information.
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| Business Combinations | Business Combinations The Company accounts for business combinations by recognizing the assets acquired and liabilities assumed at the acquisition-date fair value. In valuing certain acquired assets and liabilities, fair value estimates use Level 3 inputs, including future expected cash flows and discount rates. Goodwill is measured as the excess of consideration transferred over the fair values of the assets acquired and the liabilities assumed. When a business combination occurs late in a reporting period, the Company may utilize a method known as benchmarking to provide preliminary estimates for the fair values of certain assets acquired and liabilities assumed, including intangible assets, inventory, acquired leases, and the residual goodwill. The benchmarking method involves utilizing valuation inputs, such as discount rates, royalty rates, etc., from the Company’s prior business combinations and/or similar business combinations completed by other entities. The preliminary fair value benchmarking estimates are updated in the subsequent reporting period when additional and more specific information is gathered and analyzed for the acquired business. After subsequent fair value adjustments are made for any benchmarking estimates, and for business combinations where the benchmarking method is not utilized, the Company’s estimates of fair value assigned to acquired assets and assumed liabilities may be inherently uncertain and subject to refinement. As a result, during the measurement period, which can last up to one year from the acquisition date, the Company may record adjustments to the assets acquired and liabilities assumed, with the corresponding offset to goodwill. Upon the conclusion of the measurement period, any subsequent adjustments arising from new facts and circumstances are recorded to the consolidated statements of operations. The results of operations of acquisitions are reflected in the Company’s consolidated financial statements from the date of acquisition.
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| Share-Based Compensation Expense | Share-Based Compensation Expense For share-based compensation, the Company recognizes compensation expense equal to the grant-date fair value, which is generally based on the fair market value of the Company’s common stock on the date of grant. For service-based awards, compensation expense is recognized if the grant recipient provides the requisite service to the Company. Compensation expense is recorded on a straight-line basis over the requisite service period of the entire award. Forfeitures are accounted for as they actually occur, and compensation expense is adjusted accordingly so that it reflects cumulative expense only for the number of grants that actually vested prior to the forfeiture event. For performance-based awards, prior to vesting compensation expense is recognized for grants that are deemed probable of vesting based on actual or forecasted achievement of the performance metrics as long as the grant recipient continues to provide the requisite service to the Company. At the end of each reporting period, the Company is required to reassess the expected achievement of the performance metrics and adjust cumulative compensation expense accordingly based on the number of grants that have vested or are expected to vest based on achievement of the performance metrics. When a grant recipient stops providing the requisite service to the Company, forfeitures are accounted for as they actually occur and compensation expense is adjusted accordingly so that it reflects cumulative expense only for the number of grants that actually vested prior to the forfeiture event. For market-based awards, compensation expense is recognized for the grant-date fair value of the award on a straight-line basis as the grant recipient provides the requisite service to the Company, regardless of whether the grant vests or is expected to vest based on achievement of the market-based metrics. When a grant recipient stops providing the requisite service to the Company, forfeitures are accounted for as they actually occur and compensation expense is adjusted accordingly so that it reflects cumulative expense only for the number of grants that actually vested prior to the forfeiture event. Compensation expense related to share-based payment awards is generally recorded in SG&A expense in the consolidated statements of operations.
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| Repurchases of Common Stock | Repurchases of Common Stock On October 31, 2023, the Company’s board of directors authorized a share repurchase program for $100 million, of which $8.7 million remains available for repurchases as of January 3, 2026. On July 28, 2025, the Company’s board of directors authorized a new share repurchase program for $50 million that can be used after exhaustion of the October 31, 2023 authorization. Under the share purchase programs, the Company may make authorized repurchases of its common stock from time to time, without prior notice, subject to prevailing market conditions and other considerations. Repurchases may be made through a variety of methods, which may include open market purchases, privately negotiated transactions, accelerated share repurchase programs, tender offers, or pursuant to a trading plan that may be adopted in accordance with the Securities and Exchange Commission Rule 10b5-1. Repurchased shares of the Company’s common stock are retired by the Company and are not reported as treasury stock. The portion of the cost to repurchase common stock that is in excess of par value is charged to additional paid-in capital within stockholders’ equity. Direct costs incurred by the Company to repurchase its common stock, such as broker commissions and excise taxes, are considered part of the cost to repurchase the common stock. Effective January 1, 2023, if the cost of net share repurchases made by publicly traded U.S. company exceeds $1 million annually, the cost of the repurchased shares is subject to a 1% excise tax as a result of the Inflation Reduction Act of 2022. For any reporting period, the costs of repurchased shares reported on the Company’s consolidated statement of stockholders’ equity may differ from the amount reported on the Company’s consolidated statement of cash flows due to the timing of remittances for excise taxes which are made in accordance with applicable law.
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| Advertising Cost | Advertising Cost Advertising costs are expensed as incurred
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| Recent Accounting Standards - Adopted/ Adoption Pending | Recent Accounting Standards - Adopted Adopted in Fiscal 2025 Income Tax Disclosure Improvement. ASU No. 2023-09, Income Taxes (Topic 740): Improvements to Income Tax Disclosures (“ASU 2023-09”), establishes new income tax disclosure requirements in addition to modifying and eliminating certain existing requirements. Under the new guidance, entities must consistently categorize and provide greater disaggregation of information in the income tax rate reconciliation and must disaggregate income taxes paid. The ASU’s disclosure requirements apply to all entities subject to Accounting Standards Codification Topic 740. The overall objective of these disclosure requirements is for an entity, particularly an entity operating in multiple jurisdictions, to disclose sufficient information to enable users of financial statements to understand the nature and magnitude of factors contributing to the difference between the effective income tax rate and the statutory income tax rate. The Company adopted ASU 2023-09 prospectively for the fiscal year ended January 3, 2026. See Note 7, Income Taxes, to the consolidated financial statements. Since this new ASU addresses only disclosures, its adoption did not have any effect on the Company’s financial position, results of operations, or cash flows. Measurement Losses for Accounts Receivable and Contract Assets. The Company early adopted ASU No. 2025-05, Financial Instruments-Credit Losses (Topic 326); Measurement Losses for Accounts Receivable and Contract Assets” (“ASU 2025-05”), as of the beginning of its fiscal fourth quarter 2025. See the disclosures under the heading “Accounts Receivable and Allowance” presented earlier in this Note 1. Adopted in Fiscal 2024 Segment Reporting Improvements. On November 27, 2023, the Financial Accounting Standards Board (the “FASB”) issued Accounting Standards Update (“ASU”) No. 2023-07, Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures (“ASU 2023-07”). The FASB issued this new guidance primarily to provide financial statement users with more disaggregated expense information about a public business entity’s (“PBE”) reportable segment(s). This ASU requires PBEs to provide incremental disclosures related to the entity’s reportable segment(s), including disclosures for expenses that are both 1) significant to each reportable segment and are provided regularly to the chief operating decision maker (“CODM”) or easily computed from information regularly provided to the CODM and 2) included in the reported measure of segment profit or loss used by the CODM to assess performance and allocate resources. Under the provisions of this ASU, all of the disclosures required in the segment guidance, including disclosing a measure of segment profit or loss used by the CODM and reporting significant segment expenses, applies to all PBEs, including those with a single operating or reportable segment. However, this ASU did not change the definition of a segment, the method for determining segments, or any criteria for aggregating operating segments into reportable segments. The Company adopted ASU 2023-07 at the beginning of fiscal 2024, however it became effective for the Company’s fiscal 2024 annual reporting period and for interim financial reporting periods at the beginning of fiscal 2025. As required, the Company’s annual disclosures for ASU 2023-07 are retrospectively presented for all annual comparative periods beginning in the notes to these annual consolidated financial statements. See Note 5, Segment Reporting, to the consolidated financial statements. Since this ASU addresses only disclosures, the adoption did not have any effects on the Company’s financial condition, results of operations or cash flows. Recent Accounting Standards - Adoption Pending Costs and Expenses Disclosures. On November 4, 2024, the FASB issued ASU No. 2024-03, Income Statement—Reporting Comprehensive Income—Expense Disaggregation Disclosures (Subtopic 220-40): Disaggregation of Income Statement Expenses (“ASU 2024-03”), which establishes new disaggregation disclosure requirements for certain costs and expenses in the notes to the consolidated financial statements. Under the new guidance, entities must provide details of the components of its expense captions from continuing operations presented on the face of the statement of operations as well as a qualitative description of the amounts remaining that are not separately disaggregated quantitatively. Relevant disclosure categories include purchases of inventory, employee compensation, depreciation and intangible asset amortization. An entity must also disclose the total amount of selling expenses, and in annual reports, its definition thereof. The disclosure of these costs and expenses will be required in addition to and irrespective of their inclusion in other disclosures. An entity is not precluded from providing additional voluntary disclosures that may provide investors with additional decision-useful information. ASU 2024-03 will be effective for the Company for the fiscal 2027 annual reporting period and for interim periods beginning in fiscal 2028, as clarified by ASU 2025-01. Since this new ASU addresses only disclosures, the Company does not expect its adoption to have any material effects on its financial condition, results of operations or cash flows. The Company is currently evaluating the new disclosures that will be required upon adoption of ASU 2024-03. Accounting for and Disclosure of Software Costs. On September 18, 2025, the FASB issued ASU No. 2025-06, Intangibles—Goodwill and Other—Internal-Use Software (Subtopic 350-40): Accounting for and Disclosure of Software Costs (“ASU 2025-06”) to clarify and modernize the accounting for costs related to internal-use software to better address both linear and non-linear development manners. The new guidance removes all references to project stages that are currently in ASC 350-40 and will instead use threshold requirements that entities must apply to decide when to start capitalizing software costs. Specifically, the guidance will require entities to begin capitalizing software costs, including website development costs, when both of the following occur: 1) management authorizes and commits to funding a software project and 2) it is probable that the project will be completed and the software will be used to perform the function intended (referred to as the “probable-to-complete” recognition threshold). ASU 2025-06 is effective for the Company beginning in interim and annual reporting periods in fiscal 2028, and early adoption is permitted which the Company is evaluating. Entities may apply the guidance using a prospective, retrospective, or modified transition approach. However, under the prospective approach, entities would still be required to apply the new guidance to all new costs incurred for all software projects, including in-process projects, as of the date of adoption. ASU 2025-06 also specifies that the disclosures under ASC 360-10 (Property, Plant, and Equipment) apply overall to capitalized software costs accounted for under ASC 350-40, regardless of how those costs are presented in the financial statements. The Company is currently evaluating the impacts that ASU 2025-06 may have on its financial position and results of operations, and such impacts may depend in part on the status and type of any in-process software projects at the time of adoption. Interim Reporting. On December 8, 2025, the FASB issued ASU No. 2025-11, Interim Reporting (Topic 270): Narrow Scope Improvements (“ASU 2025-11”) to clarify the current interim disclosure requirements and the applicability of ASC 270, Interim Reporting. The ASU creates a comprehensive list of interim disclosures in ASC 270 that are required in interim financial statements and the accompanying notes under GAAP. It also incorporates a disclosure principle requiring entities to disclose in interim periods events and changes that occur after the end of the most recent annual reporting period that have a material impact on the entity. ASU 2025-11 also clarifies that SEC registrants are required to refer to existing SEC guidance, such as Rule 10-01 of Regulation S-X, since those rules provide form and content requirements for condensed financial statements (condensed statements). ASU 2025-11 will be effective for interim and annual reporting periods beginning after 2027, which will be first quarter of fiscal 2028 for the Company. Early adoption is permitted, and the guidance can be applied prospectively or retrospectively. Since ASU 2025-11 is disclosure-related only, its adoption is not expected to have an effect on the Company’s financial position, results of operations, or cash flows. The Company is currently evaluating the disclosure guidance in ASU 2025-11 to determine if any new or amended disclosures will be required upon adoption.
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Business Combination (Tables) |
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| Business Combination, Asset Acquisition, Transaction between Entities under Common Control, and Joint Venture Formation [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Schedule of Preliminary Acquisition Accounting | The following table summarizes the components of the consideration for Disdero:
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Revenue Recognition (Tables) |
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| Schedule of Revenues Disaggregated by Revenue Source and Sales Channel | The following table presents the Company’s revenues disaggregated by revenue source. Sales and usage-based taxes are excluded from revenues. No single customer of the Company generated 10% or more of the Company’s total Net sales during fiscal years 2025, 2024 or 2023.
The following table presents the Company’s revenues disaggregated by sales channel. Warehouse sales are delivered from the Company’s warehouses. Reload sales are similar to warehouse sales but are shipped from non-warehouse locations, most of which are operated by third parties, where the Company stores owned products to enhance operating efficiencies. The reload channel is employed primarily to service strategic customers that are less economical to service from Company warehouses, and to distribute large volumes of imported products from port facilities. Direct sales are shipped from the manufacturer to the customer and therefore the Company does not take physical possession of the inventory and, as a result, typically generate lower margins than the warehouse and reload distribution channels. The direct distribution channel requires the lowest amount of committed capital and fixed costs.
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Goodwill and Other Intangible Assets (Tables) |
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Jan. 03, 2026 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Goodwill and Intangible Assets Disclosure [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Schedule of Goodwill | The activity and carrying amounts of the Company’s goodwill were as follows:
(1) Preliminary estimate. See Note 2, Business Combination, to the consolidated financial statements.
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| Schedule of Definite-Lived Intangible Assets | The gross carrying amounts, accumulated amortization, and net carrying amounts of our intangible assets as of January 3, 2026 were as follows:
(1) Intangible assets are amortized on straight-line basis. The gross carrying amounts, accumulated amortization, and net carrying amounts of our definite-lived intangible assets as of December 28, 2024 were as follows:
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| Schedule of Indefinite-Lived Intangible Assets | The gross carrying amounts, accumulated amortization, and net carrying amounts of our intangible assets as of January 3, 2026 were as follows:
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| Schedule of Definite-Lived Intangible Asset Amortization | Estimated annual amortization expense for definite-lived intangible assets over the next five fiscal years is as follows:
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Segment Reporting (Tables) |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Jan. 03, 2026 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Segment Reporting [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Schedule of Segment Reporting Information, by Segment | The following table presents information about Net income and significant expenses that are regularly reviewed by the Company’s CODM:
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Property and Equipment (Tables) |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Jan. 03, 2026 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Property, Plant and Equipment [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Schedule of Property and Equipment | Property and equipment as of January 3, 2026 and December 28, 2024, consisted of the following:
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Income Taxes (Tables) |
12 Months Ended | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Jan. 03, 2026 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Income Tax Disclosure [Abstract] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Schedule of Provision for (Benefit from) Income Taxes | The Company’s income tax (benefit) expense and the effective income tax rates were as follows:
(a) The Company income tax benefit and income before income taxes were not material for fiscal 2025.
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| Schedule of Provision for Income Taxes is Reconciled to the Federal Statutory | For fiscal 2025, the Company’s benefit for income taxes is reconciled to the federal statutory amount as follows:
(1) For the state income tax effect, taxes were not material for any single state or in the aggregate. Local income taxes were not material. The Company’s provisions for income taxes are reconciled to the federal statutory amounts as follows for fiscal 2024 and fiscal 2023:
(1) $4.5 million was reclassified from accumulated other comprehensive income in fiscal 2023
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| Schedule of Net Deferred Income Tax Assets (Liabilities) | For fiscal 2025 and fiscal 2024, components of the Company’s deferred income tax assets and deferred income tax liabilities are as follows:
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| Schedule of Activity in Deferred Tax Asset Valuation Allowance | Activity in the Company’s deferred income tax asset valuation allowance for fiscal 2025 and fiscal 2024 was as follows:
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| Schedule of Activity Related to Unrecognized Tax Benefits | The following table summarizes the activity related to our gross unrecognized income tax benefits:
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Debt and Finance Lease Obligations (Tables) |
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Jan. 03, 2026 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt Disclosure [Abstract] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Schedule of Long-term Debt Instruments | As of January 3, 2026, and December 28, 2024, outstanding debt and finance leases consisted of the following:
(1) As of January 3, 2026 and December 28, 2024, long-term debt was comprised of $300 million of senior secured notes issued in October 2021. These notes are presented under the Long-term debt caption of the Company’s consolidated balance sheets at $296.7 million and $295.1 million as of January 3, 2026 and December 28, 2024, respectively. This presentation is net of unamortized bond discount of $2.0 million and $2.5 million and unamortized debt issuance costs of $1.3 million and $2.4 million as of January 3, 2026 and December 28, 2024, respectively. The senior secured notes are presented in the above table at face value and have an annual interest rate of 6.0% through maturity. (2) No borrowings were outstanding during fiscal 2025 or fiscal 2024. Available borrowing capacity under revolving credit facilities was $340.1 million and $346.2 million on January 3, 2026 and December 28, 2024, respectively. Available borrowing capacity is net of undrawn letters of credit commitments. (3) Refer to Note 13, Lease Commitments, to the consolidated financial statement for interest rates associated with finance lease obligations.
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| Schedule of Interest Income and Interest Expense Disclosure | Interest expense, net on the Company’s consolidated statements of operations consisted of the following components:
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Fair Value (Tables) |
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Jan. 03, 2026 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Fair Value Disclosures [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Schedule of Fair Value, by Balance Sheet Grouping | The estimated fair value of the Company’s 2029 Notes was determined based on Level 2 input using observable market prices in less active markets, as presented below:
(1) The $300 million obligation for the 2029 Notes is presented on the Company’s consolidated balance sheets net of unamortized debt issuance costs and discount totaling $3.3 million and $4.9 million as of January 3, 2026 and December 28, 2024, respectively. Periodic amortization of the issuance costs and discount each reporting period causes the carrying value of the 2029 Notes to gradually increase to the $300 million maturity amount scheduled for November 15, 2029. See Note 8, Debt and Finance Lease Obligations, to the consolidated financial statements.
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Employee Retirement Plans (Tables) |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Jan. 03, 2026 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Retirement Benefits [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Schedule of Multiemployer Plans | “Contributions” represent the amounts contributed by the Company during the fiscal years presented:
(1) Funding Improvement Plan or Rehabilitation Plan, as defined by the Pension Protection Act of 2006
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| Schedule of Net Periodic Pension Cost for Pension Plans | The net periodic pension (benefit) cost for the plan included the following:
(1) On the Company’s consolidated statements of operations, reported within Other expenses (income), net (2) The DB Pension Plan was frozen, and no service cost had been incurred for the plan after fiscal 2019. The settlement loss in fiscal 2023 and adjustment in fiscal 2024 are reported as a non-operating expense on the Company’s consolidated statement of operations.
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Share-Based Compensation (Tables) |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Jan. 03, 2026 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Share-Based Payment Arrangement [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Schedule of Activity for Restricted Stock and Restricted Stock Units | The following table summarizes activity for service-based RSUs for fiscal years 2025, 2024, and 2023:
The following table summarizes activity for performance-based RSUs for fiscal years 2025, 2024 and 2023. The number outstanding as of December 30, 2023, December 28, 2024, and January 3, 2026 include all then-outstanding performance-based RSUs, including those for which the performance criteria were not expected to be achieved at or before the applicable vesting periods. The grant recipients must also provide service to the Company over the three-year period in order for these market-based RSUs to vest.
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Stockholders' Equity, Earnings Per Share and Share Repurchases (Tables) |
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Jan. 03, 2026 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Earnings Per Share [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Schedule of Earnings Per Share, Basic and Diluted | The reconciliations of basic net income and diluted earnings per common share for fiscal 2025, 2024, 2023 were as follows:
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Lease Commitments (Tables) |
12 Months Ended | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Jan. 03, 2026 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Leases [Abstract] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Supplemental Balance Sheet Information | The following table presents the assets and liabilities related to the Company’s finance and operating leases as of January 3, 2026 and December 28, 2024:
(1) Finance lease right-of-use assets are presented net of accumulated amortization of $116.3 million and $112.3 million as of January 3, 2026 and December 28, 2024, respectively. (2) During fiscal 2025, 2024 and 2023, the Company added fleet assets under finance leases of $44.6 million, $19.4 million and $19.9 million, respectively. These additions did not involve cash outlays and therefore are not included in “Property and equipment investments” within cash flows from investing activities on the Company’s consolidated statements of cash flows. Supplemental balance sheet information for right-of-use assets related to leases was as follows:
The major categories of the Company’s finance lease liabilities as of January 3, 2026 and December 28, 2024 are as follows:
(1) Amounts include $124.1 million and $125.1 million as of January 3, 2026 and December 28, 2024, respectively, for sale-leasebacks of real estate in fiscal 2019 and 2020 that did not qualify for sale treatment for accounting purposes.
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| Schedule of Lease Cost | The components of lease expense were as follows:
Cash flow information related to leases was as follows:
Non-cash supplemental cash flow information related to leases was as follows:
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| Schedule of Operating Lease Maturities | Below is a summary of undiscounted finance and operating lease liabilities that have initial terms in excess of one year as of January 3, 2026. The table also includes a reconciliation of the future undiscounted cash flows to the present value of the finance and operating lease liabilities included in the consolidated balance sheets, including options to extend lease terms that are reasonably certain of being exercised.
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| Schedule of Finance Lease Maturities | Below is a summary of undiscounted finance and operating lease liabilities that have initial terms in excess of one year as of January 3, 2026. The table also includes a reconciliation of the future undiscounted cash flows to the present value of the finance and operating lease liabilities included in the consolidated balance sheets, including options to extend lease terms that are reasonably certain of being exercised.
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Accumulated Other Comprehensive Income (Loss) (Tables) |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Jan. 03, 2026 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Schedule of Changes in Accumulated Balances for Each Component of Other Comprehensive Income (Loss) | The changes in accumulated balances for each component of other comprehensive income for fiscal 2023 were as follows:
(1) Included $32.7 million related to the single-employer defined benefit pension plan, as follows: $(3.1) million net of tax of $1.1 million for actuarial adjustments; $0.9 million net of tax of $(0.3) for amortization of unrecognized amounts from prior years; and $30.4 million plus tax of $4.5 million for the settlement of the plan and reclassification of these amounts to earnings. (2) As of the end of fiscal 2023, the Company no longer has any items recorded in accumulated other comprehensive income (loss).
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Summary of Significant Accounting Policies - Property and Equipment Estimated Useful Lives (Details) |
Jan. 03, 2026 |
|---|---|
| Land Improvements | Minimum | |
| Property, Plant and Equipment [Line Items] | |
| Useful lives | 7 years |
| Land Improvements | Maximum | |
| Property, Plant and Equipment [Line Items] | |
| Useful lives | 15 years |
| Buildings | Minimum | |
| Property, Plant and Equipment [Line Items] | |
| Useful lives | 15 years |
| Buildings | Maximum | |
| Property, Plant and Equipment [Line Items] | |
| Useful lives | 33 years |
| Machinery and equipment | Minimum | |
| Property, Plant and Equipment [Line Items] | |
| Useful lives | 3 years |
| Machinery and equipment | Maximum | |
| Property, Plant and Equipment [Line Items] | |
| Useful lives | 7 years |
| Leasehold Improvements | |
| Property, Plant and Equipment [Line Items] | |
| Useful lives | 15 years |
Business Combination - Narrative (Details) $ in Thousands |
12 Months Ended | |||
|---|---|---|---|---|
|
Oct. 31, 2025
USD ($)
state
|
Jan. 03, 2026
USD ($)
|
Dec. 28, 2024
USD ($)
|
Dec. 30, 2023
USD ($)
|
|
| Business Combination [Line Items] | ||||
| Preliminary purchase price | $ 95,210 | $ 0 | $ (300) | |
| Goodwill | 67,226 | $ 55,372 | $ 55,372 | |
| Disdero Lumber Company, LLC | ||||
| Business Combination [Line Items] | ||||
| Business combination, voting equity interest acquired, percentage | 100.00% | |||
| Number of states in which entity operates | state | 50 | |||
| Consideration transferred | $ 95,400 | |||
| Preliminary purchase price | 95,210 | |||
| Goodwill | 11,854 | |||
| Intangible assets | 64,300 | |||
| Acquisition-related costs | $ 1,200 | |||
| Disdero Lumber Company, LLC | Customer relationships | ||||
| Business Combination [Line Items] | ||||
| Intangible assets | 47,300 | |||
| Estimated useful life | 12 years | |||
| Disdero Lumber Company, LLC | Non-compete agreements | ||||
| Business Combination [Line Items] | ||||
| Intangible assets | $ 4,700 | |||
| Estimated useful life | 5 years | |||
Revenue Recognition (Details) - USD ($) $ in Thousands |
12 Months Ended | ||
|---|---|---|---|
Jan. 03, 2026 |
Dec. 28, 2024 |
Dec. 30, 2023 |
|
| Disaggregation of Revenue [Line Items] | |||
| Net sales | $ 2,954,007 | $ 2,952,532 | $ 3,136,381 |
| Cost of sales | 2,502,379 | 2,463,393 | 2,609,364 |
| Warehouse and reload | |||
| Disaggregation of Revenue [Line Items] | |||
| Net sales | 2,454,565 | 2,432,820 | 2,663,107 |
| Direct | |||
| Disaggregation of Revenue [Line Items] | |||
| Net sales | 563,459 | 581,517 | 535,163 |
| Cash discounts and rebates | |||
| Disaggregation of Revenue [Line Items] | |||
| Net sales | (64,017) | (61,805) | (61,889) |
| Specialty products | |||
| Disaggregation of Revenue [Line Items] | |||
| Net sales | 2,052,990 | 2,045,910 | 2,184,240 |
| Structural products | |||
| Disaggregation of Revenue [Line Items] | |||
| Net sales | 901,017 | 906,622 | 952,141 |
| Shipping and handling | |||
| Disaggregation of Revenue [Line Items] | |||
| Cost of sales | $ 165,900 | $ 154,300 | $ 152,300 |
Goodwill and Other Intangible Assets - Goodwill (Details) $ in Thousands |
12 Months Ended |
|---|---|
|
Jan. 03, 2026
USD ($)
| |
| Goodwill [Roll Forward] | |
| Goodwill, beginning balance | $ 55,372 |
| Disdero business combination | 11,854 |
| Goodwill, ending balance | $ 67,226 |
Goodwill and Other Intangible Assets - Amortization Expense (Details) $ in Thousands |
Jan. 03, 2026
USD ($)
|
|---|---|
| Estimated Amortization | |
| 2026 | $ 8,362 |
| 2027 | 8,327 |
| 2028 | 8,222 |
| 2029 | 8,222 |
| 2030 | $ 7,095 |
Property and Equipment - Property and Equipment (Details) - USD ($) $ in Thousands |
Jan. 03, 2026 |
Dec. 28, 2024 |
|---|---|---|
| Property, Plant and Equipment [Line Items] | ||
| Property, plant and equipment, gross | $ 495,453 | $ 443,628 |
| Accumulated depreciation | (208,693) | (194,072) |
| Property and equipment, net | 286,760 | 249,556 |
| Land and land improvements | ||
| Property, Plant and Equipment [Line Items] | ||
| Property, plant and equipment, gross | 34,064 | 31,834 |
| Buildings | ||
| Property, Plant and Equipment [Line Items] | ||
| Property, plant and equipment, gross | 222,165 | 210,875 |
| Machinery and equipment | ||
| Property, Plant and Equipment [Line Items] | ||
| Property, plant and equipment, gross | 218,432 | 175,981 |
| Construction in progress | ||
| Property, Plant and Equipment [Line Items] | ||
| Property, plant and equipment, gross | $ 20,792 | $ 24,938 |
Property and Equipment - Narrative (Details) - USD ($) $ in Millions |
12 Months Ended | ||
|---|---|---|---|
Jan. 03, 2026 |
Dec. 28, 2024 |
Dec. 30, 2023 |
|
| Property, Plant and Equipment [Abstract] | |||
| Depreciation of property and equipment | $ 35.4 | $ 34.6 | $ 27.8 |
Income Taxes - Provision For (Benefit From) Income Taxes (Details) - USD ($) $ in Thousands |
12 Months Ended | ||
|---|---|---|---|
Jan. 03, 2026 |
Dec. 28, 2024 |
Dec. 30, 2023 |
|
| Income Tax Disclosure [Abstract] | |||
| Income before provision (benefit) for income taxes | $ 129 | $ 70,687 | $ 81,886 |
| Federal income taxes: | |||
| Current | (754) | 11,255 | 20,221 |
| Deferred | 270 | 1,490 | 7,993 |
| State income taxes: | |||
| Current | 700 | 3,638 | 5,373 |
| Deferred | (306) | 1,188 | (237) |
| (Benefit) provision for income taxes | $ (90) | $ 17,571 | $ 33,350 |
| Effective income tax rate | (69.80%) | 24.90% | 40.70% |
Income Taxes - Components of Net Deferred Income Tax Assets and Liabilities (Details) - USD ($) $ in Thousands |
Jan. 03, 2026 |
Dec. 28, 2024 |
Dec. 30, 2023 |
|---|---|---|---|
| Deferred income tax assets: | |||
| Inventory reserves | $ 3,685 | $ 4,179 | |
| Compensation-related accruals | 6,431 | 6,339 | |
| Accounts receivable | 945 | 793 | |
| Property and equipment | 33,127 | 41,481 | |
| Operating lease liability | 14,031 | 12,203 | |
| Pension plans | 2,561 | 2,701 | |
| Benefit from net operating loss carryovers | 11,074 | 3,809 | |
| Other | 92 | 40 | |
| Total gross deferred income tax assets | 71,946 | 71,545 | |
| Less: valuation allowances | (3,444) | (3,505) | $ (3,456) |
| Total net deferred income tax assets | 68,502 | 68,040 | |
| Deferred income tax liabilities: | |||
| Intangible assets | (2,956) | (4,279) | |
| Operating lease asset | (13,625) | (11,823) | |
| Other | (1,306) | (1,360) | |
| Total deferred income tax liabilities | (17,887) | (17,462) | |
| Deferred income tax asset, net | $ 50,615 | $ 50,578 |
Income Taxes - Deferred Tax Asset Valuation Allowance Activity (Details) - USD ($) $ in Thousands |
12 Months Ended | |
|---|---|---|
Jan. 03, 2026 |
Dec. 28, 2024 |
|
| SEC Schedule, 12-09, Movement in Valuation Allowances and Reserves [Roll Forward] | ||
| Balance as of beginning of the fiscal year | $ 3,505 | $ 3,456 |
| Valuation allowance increases (decreases) related to: | ||
| State net operating loss carryforwards | (61) | 49 |
| Balance as of end of the fiscal year | $ 3,444 | $ 3,505 |
Income Taxes - Gross Unrecognized Tax Benefits (Details) - USD ($) $ in Thousands |
12 Months Ended | |
|---|---|---|
Jan. 03, 2026 |
Dec. 28, 2024 |
|
| Reconciliation of Unrecognized Tax Benefits, Excluding Amounts Pertaining to Examined Tax Returns [Roll Forward] | ||
| Balance at beginning of the fiscal year | $ 596 | $ 3,281 |
| Additions for tax positions of current fiscal year | 18 | 0 |
| Reductions due to lapse of applicable statute of limitations | 0 | (2,685) |
| Balance at end of the fiscal year | $ 614 | $ 596 |
Debt and Finance Lease Obligations - Long-Term Debt (Details) - USD ($) |
Jan. 03, 2026 |
Dec. 28, 2024 |
Oct. 31, 2021 |
|---|---|---|---|
| Debt Instrument [Line Items] | |||
| Senior secured notes | $ 300,000,000 | $ 300,000,000 | |
| Unamortized debt issuance costs | (1,349,000) | (2,437,000) | |
| Unamortized bond discount | (1,991,000) | (2,502,000) | |
| Long-term debt | 296,660,000 | 295,061,000 | |
| Finance lease obligations | 321,279,000 | 292,543,000 | |
| Less: current portions of finance leases | 22,348,000 | 12,541,000 | |
| Total debt and finance leases, net of current portions | 595,591,000 | 575,063,000 | |
| Long-term debt, excluding current maturities | 296,660,000 | 295,061,000 | |
| 6.0% Senior Secured Notes Due 2029 | |||
| Debt Instrument [Line Items] | |||
| Senior secured notes | 300,000,000 | 300,000,000 | |
| Senior Notes | 6.0% Senior Secured Notes Due 2029 | |||
| Debt Instrument [Line Items] | |||
| Stated percentage | 6.00% | ||
| Revolving Credit Facilities | Line of Credit | |||
| Debt Instrument [Line Items] | |||
| Long-term debt, gross | 0 | 0 | |
| Available borrowing capacity | $ 340,100,000 | $ 346,200,000 |
Debt and Finance Lease Obligations - Interest Income and Interest Expense Disclosure (Details) - USD ($) $ in Thousands |
12 Months Ended | ||
|---|---|---|---|
Jan. 03, 2026 |
Dec. 28, 2024 |
Dec. 30, 2023 |
|
| Debt Disclosure [Abstract] | |||
| Interest expense | $ 49,680 | $ 47,169 | $ 44,654 |
| Less: interest income | 17,326 | 27,805 | 20,908 |
| Interest expense, net | $ 32,354 | $ 19,364 | $ 23,746 |
Fair Value - Schedule of Fair Value, by Balance Sheet Grouping (Details) - USD ($) $ in Thousands |
Jan. 03, 2026 |
Dec. 28, 2024 |
|---|---|---|
| Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | ||
| Senior secured notes | $ 300,000 | $ 300,000 |
| 6.0% Senior Secured Notes Due 2029 | ||
| Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | ||
| Senior secured notes | 300,000 | 300,000 |
| Unamortized discount and debt issuance costs, net | 3,300 | 4,900 |
| Carrying Value | Senior Notes | 6.0% Senior Secured Notes Due 2029 | ||
| Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | ||
| Long-term debt, fair value | 296,660 | 295,061 |
| Fair Value | Senior Notes | 6.0% Senior Secured Notes Due 2029 | ||
| Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | ||
| Long-term debt, fair value | $ 295,594 | $ 293,597 |
Fair Value - Narrative (Details) - USD ($) |
Jan. 03, 2026 |
Dec. 28, 2024 |
|---|---|---|
| Line of Credit | Revolving Credit Facilities | ||
| Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | ||
| Long-term debt, gross | $ 0 | $ 0 |
Employee Retirement Plans - Schedule of Multiemployer Pension Plans (Details) - USD ($) |
12 Months Ended | ||
|---|---|---|---|
Jan. 03, 2026 |
Dec. 28, 2024 |
Dec. 30, 2023 |
|
| Multiemployer Plans [Line Items] | |||
| Multiemployer plans, employer contribution amount as a percentage of total contributions | 0.10% | ||
| Multi-employer pension withdrawal liability | $ 6,200,000 | ||
| Central States, Southeast and Southwest Areas Pension Fund (“Central States Plan”) | |||
| Multiemployer Plans [Line Items] | |||
| Multiemployer contributions for the period | $ 388,600 | $ 350,000.0 | $ 357,800 |
| Multiemployer plans, employer contribution amount as a percentage of plan contributions | 5.00% | ||
| Multi-employer pension withdrawal liability | $ 30,400,000 | ||
| Yearly payment | 700,000 | ||
| Multiemployer plans, partial withdrawal | $ 600,000 | ||
| Maximum | |||
| Multiemployer Plans [Line Items] | |||
| Multiemployer plans, warranty liability, payment period | 20 years | ||
Employee Retirement Plans - Defined Contribution Plans - Narrative (Details) $ in Millions |
12 Months Ended | ||
|---|---|---|---|
|
Jan. 03, 2026
USD ($)
plan
|
Dec. 28, 2024
USD ($)
|
Dec. 30, 2023
USD ($)
|
|
| Defined Benefit Plan Disclosure [Line Items] | |||
| Number of defined contribution plans | plan | 2 | ||
| Number of defined contribution plans merged | plan | 2 | ||
| Hourly Savings Plan | |||
| Defined Benefit Plan Disclosure [Line Items] | |||
| Defined contribution plan, cost recognized | $ 1.1 | $ 1.1 | $ 0.9 |
| Defined contribution plan, prior year cost | 0.1 | 0.1 | |
| Salaried Savings Plan | |||
| Defined Benefit Plan Disclosure [Line Items] | |||
| Defined contribution plan, cost recognized | $ 2.7 | 2.5 | 2.5 |
| Defined contribution plan, prior year cost | $ 0.2 | $ 0.1 | |
Employee Retirement Plans - Single-Employer Defined Benefit Pension Plan - Narrative (Details) - USD ($) $ in Thousands |
3 Months Ended | 12 Months Ended | |||
|---|---|---|---|---|---|
Dec. 04, 2023 |
Dec. 30, 2023 |
Jan. 03, 2026 |
Dec. 28, 2024 |
Dec. 30, 2023 |
|
| Retirement Benefits [Abstract] | |||||
| Benefit obligation | $ 78,700 | ||||
| Plan assets | 78,700 | ||||
| Employer contributions | $ 6,900 | ||||
| Gain (loss) due to settlement | $ 0 | $ 2,481 | $ (30,440) | ||
| Settlement of frozen defined benefit pension plan, tax | 4,472 | ||||
| Settlement of frozen defined benefit pension plan, including tax of $4,472 | $ 34,900 | $ 0 | 0 | $ 34,912 | |
| Net adjustment to OCI | $ 32,700 | ||||
Employee Retirement Plans - Schedule of Net Periodic Pension Costs (Details) - USD ($) $ in Thousands |
12 Months Ended | ||
|---|---|---|---|
Jan. 03, 2026 |
Dec. 28, 2024 |
Dec. 30, 2023 |
|
| Net periodic pension cost | |||
| Service cost | $ 0 | $ 0 | |
| Interest cost on projected benefit obligation | 0 | 4,419 | |
| Expected return on plan assets | 0 | (3,249) | |
| Amortization of unrecognized loss | 0 | 1,207 | |
| Before settlement | 0 | 2,377 | |
| Settlement of defined benefit pension plan | $ 0 | (2,481) | 30,440 |
| Net periodic pension (benefit) cost for the pension plan | $ (2,481) | $ 32,817 | |
| Defined benefit plan, net periodic benefit cost credit interest cost, statement of income or comprehensive income extensible list not disclosed flag | Interest cost on projected benefit obligation | ||
| Defined benefit plan, net periodic benefit cost credit, expected return loss statement of income or comprehensive income extensible list not disclosed flag | Expected return on plan assets | ||
Stockholders' Equity, Earnings Per Share and Share Repurchases - Narrative (Details) |
10 Months Ended | 12 Months Ended | 26 Months Ended | |||||
|---|---|---|---|---|---|---|---|---|
|
Oct. 31, 2023
USD ($)
$ / shares
shares
|
Jan. 03, 2026
USD ($)
vote
$ / shares
shares
|
Dec. 28, 2024
USD ($)
$ / shares
shares
|
Dec. 30, 2023
USD ($)
$ / shares
shares
|
Jan. 03, 2026
USD ($)
vote
$ / shares
shares
|
Jul. 28, 2025
USD ($)
|
May 03, 2022
USD ($)
|
Aug. 23, 2021
USD ($)
|
|
| Earnings Per Share [Line Items] | ||||||||
| Common stock, shares authorized (in shares) | 20,000,000 | 20,000,000 | 20,000,000 | |||||
| Common Stock, par value (in dollars per share) | $ / shares | $ 0.01 | $ 0.01 | $ 0.01 | |||||
| Number of votes per share | vote | 1 | 1 | ||||||
| Preferred stock, shares authorized (in shares) | 30,000,000 | 30,000,000 | 30,000,000 | |||||
| Preferred stock, par value (in dollars per share) | $ / shares | $ 0.01 | $ 0.01 | $ 0.01 | |||||
| Antidilutive securities excluded from computation of earnings per share (in shares) | 78,809 | 118,938 | 82,042 | |||||
| Share repurchase authorization | $ | $ 100,000,000 | $ 50,000,000 | $ 100,000,000 | $ 25,000,000.0 | ||||
| Stock repurchased (in shares) | 404,796 | 503,556 | 428,630 | 101,516 | 1,033,702 | |||
| Stock repurchased (in dollars per share) | $ / shares | $ 82.91 | $ 84.45 | ||||||
| Shares acquired, average cost per share | $ / shares | $ 74.97 | $ 104.90 | $ 88.32 | |||||
| Remaining authorized repurchase amount | $ | $ 8,700,000 | $ 8,700,000 | ||||||
| Common stock repurchases and retirements | $ | 38,078,000 | $ 45,345,000 | $ 42,467,000 | |||||
| Excise taxes | $ | $ 300,000 | $ 400,000 | $ 300,000 | $ 300,000 | ||||
| RSUs | ||||||||
| Earnings Per Share [Line Items] | ||||||||
| Antidilutive securities excluded from computation of earnings per share (in shares) | 121,057 | 376 | 107,498 | |||||
Stockholders' Equity, Earnings Per Share and Share Repurchases - Schedule of Computation of Basic and Diluted Earnings Per Share (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands |
12 Months Ended | ||
|---|---|---|---|
Jan. 03, 2026 |
Dec. 28, 2024 |
Dec. 30, 2023 |
|
| Earnings Per Share [Abstract] | |||
| Net income | $ 219 | $ 53,116 | $ 48,536 |
| Weighted average shares outstanding - basic (in shares) | 7,984 | 8,531 | 8,987 |
| Dilutive effect of share-based awards (in shares) | 55 | 41 | 7 |
| Weighted average share outstanding - diluted (in shares) | 8,039 | 8,572 | 8,994 |
| Basic earnings per share (in dollars per share) | $ 0.02 | $ 6.22 | $ 5.40 |
| Diluted earnings per share (in dollars per share) | $ 0.02 | $ 6.19 | $ 5.39 |
Lease Commitments - Narrative (Details) $ in Thousands |
12 Months Ended | ||
|---|---|---|---|
|
Jan. 03, 2026
USD ($)
option
|
Dec. 28, 2024
USD ($)
|
Dec. 30, 2023
USD ($)
|
|
| Operating Leased Assets [Line Items] | |||
| Number of options | option | 1 | ||
| Operating lease, renewal term | 5 years | ||
| Finance lease, renewal term | 5 years | ||
| Deferred gain on sale-leaseback transactions | $ 63,300 | $ 67,200 | |
| Recognition of deferred gains on real estate | $ 3,934 | $ 3,934 | $ 3,934 |
| Minimum | |||
| Operating Leased Assets [Line Items] | |||
| Operating lease, lease term | 1 year | ||
| Finance lease, term of contract | 1 year | ||
| Maximum | |||
| Operating Leased Assets [Line Items] | |||
| Operating lease, lease term | 15 years | ||
| Finance lease, term of contract | 15 years | ||
Lease Commitments - Assets and Liabilities (Details) - USD ($) $ in Thousands |
Jan. 03, 2026 |
Dec. 28, 2024 |
|---|---|---|
| Assets | ||
| Operating lease right-of-use assets | $ 54,608 | $ 47,221 |
| Finance lease right-of-use assets | 162,869 | 134,319 |
| Total lease right-of-use assets | 217,477 | 181,540 |
| Current portion | ||
| Operating lease liabilities | 8,969 | 8,478 |
| Finance lease liabilities | 22,348 | 12,541 |
| Non-current portion | ||
| Operating lease liabilities | 47,075 | 40,114 |
| Finance lease liabilities | 298,931 | 280,002 |
| Total lease liabilities | 377,323 | 341,135 |
| Accumulated depreciation | $ 116,262 | $ 112,316 |
Lease Commitments - Lease Cost (Details) - USD ($) $ in Thousands |
12 Months Ended | ||
|---|---|---|---|
Jan. 03, 2026 |
Dec. 28, 2024 |
Dec. 30, 2023 |
|
| Leases [Abstract] | |||
| Operating lease cost | $ 12,732 | $ 10,898 | $ 11,485 |
| Sublease income | (3,766) | (3,582) | (3,334) |
| Total operating lease costs | 8,966 | 7,316 | 8,151 |
| Amortization of right-of-use assets | 19,755 | 18,692 | 16,493 |
| Interest on lease liabilities | 27,907 | 25,653 | 24,380 |
| Total finance lease costs | $ 47,662 | $ 44,345 | $ 40,873 |
Lease Commitments - Cash Flow Information Related to Leases (Details) - USD ($) $ in Thousands |
12 Months Ended | ||
|---|---|---|---|
Jan. 03, 2026 |
Dec. 28, 2024 |
Dec. 30, 2023 |
|
| Cash paid for amounts included in the measurement of lease liabilities | |||
| Operating cash flows from operating leases | $ 12,994 | $ 11,064 | $ 11,671 |
| Operating cash flows from finance leases | 27,907 | 25,653 | 24,380 |
| Financing cash flows from finance leases | 16,317 | 13,427 | 9,208 |
| Right-of-use assets obtained in exchange for lease obligations | |||
| Operating leases | 13,908 | 18,097 | 1,883 |
| Finance leases | $ 44,564 | $ 19,373 | $ 19,861 |
Lease Commitments - Supplemental Balance Sheet (Details) - USD ($) $ in Thousands |
Jan. 03, 2026 |
Dec. 28, 2024 |
|---|---|---|
| Finance leases | ||
| Property and equipment, at cost | $ 279,131 | $ 246,635 |
| Accumulated depreciation | (116,262) | (112,316) |
| Property and equipment, net | $ 162,869 | $ 134,319 |
| Weighted Average Remaining Lease Term (in years) | ||
| Operating leases | 7 years 3 months 7 days | 8 years 4 months 2 days |
| Finance leases | 15 years 9 months 29 days | 17 years 8 months 4 days |
| Weighted Average Discount Rate | ||
| Operating leases | 7.71% | 8.15% |
| Finance leases | 9.16% | 8.88% |
Lease Commitments - Major Categories of Our Finance Leases (Details) - USD ($) $ in Thousands |
Jan. 03, 2026 |
Dec. 28, 2024 |
|---|---|---|
| Operating Leased Assets [Line Items] | ||
| Total finance leases | $ 321,279 | $ 292,543 |
| Other borrowings | 124,100 | 125,100 |
| Equipment and vehicles | ||
| Operating Leased Assets [Line Items] | ||
| Total finance leases | 80,635 | 49,785 |
| Real estate | ||
| Operating Leased Assets [Line Items] | ||
| Total finance leases | $ 240,644 | $ 242,758 |
Lease Commitments - Lease Maturities (Details) - USD ($) $ in Thousands |
Jan. 03, 2026 |
Dec. 28, 2024 |
|---|---|---|
| Operating leases | ||
| 2026 | $ 12,852 | |
| 2027 | 11,741 | |
| 2028 | 10,945 | |
| 2029 | 9,410 | |
| 2030 | 7,454 | |
| Thereafter | 22,932 | |
| Total lease payments | 75,334 | |
| Less: imputed interest | (19,290) | |
| Total | 56,044 | |
| Finance leases | ||
| 2026 | 49,138 | |
| 2027 | 43,555 | |
| 2028 | 43,822 | |
| 2029 | 40,493 | |
| 2030 | 36,478 | |
| Thereafter | 441,493 | |
| Total lease payments | 654,979 | |
| Less: imputed interest | (333,700) | |
| Finance lease obligations | $ 321,279 | $ 292,543 |
Commitments and Contingencies (Details) $ in Millions |
12 Months Ended |
|---|---|
|
Jan. 03, 2026
USD ($)
employee
agreement
| |
| Gain Contingencies [Line Items] | |
| Entity number of employees | employee | 2,160 |
| Percentage of employees, employed on part time basis (less than) | 1.00% |
| Percentages of employees represented by various labor unions | 21.00% |
| Number of CBAs, renewals in next fiscal year | agreement | 5 |
| Employees are up for renewal | 4.00% |
| Number of renewals renegotiated | agreement | 1 |
| Minimum | Unfavorable Regulatory Action, Lumber Origins | |
| Gain Contingencies [Line Items] | |
| Loss contingency accrual | $ 0.0 |
| Maximum | Unfavorable Regulatory Action, Lumber Origins | |
| Gain Contingencies [Line Items] | |
| Loss contingency accrual | 4.0 |
| Unpaid Duties | |
| Gain Contingencies [Line Items] | |
| Regulatory liability | 8.0 |
| Reduction in regulatory liability | $ 8.0 |