2021 Q4 Form 10-Q Financial Statement

#000156459022004115 Filed on February 08, 2022

View on sec.gov

Income Statement

Concept 2021 Q4 2020 Q4
Revenue $259.7M $212.3M
YoY Change 22.34% 27.85%
Cost Of Revenue $171.1M $139.3M
YoY Change 22.83% 21.39%
Gross Profit $88.61M $72.98M
YoY Change 21.42% 42.28%
Gross Profit Margin 34.12% 34.38%
Selling, General & Admin $63.17M $53.45M
YoY Change 18.19% 22.95%
% of Gross Profit 71.29% 73.24%
Research & Development $2.000M $1.800M
YoY Change 11.11% -14.29%
% of Gross Profit 2.26% 2.47%
Depreciation & Amortization $28.08M $24.28M
YoY Change 15.67% 0.57%
% of Gross Profit 31.69% 33.27%
Operating Expenses $65.17M $55.25M
YoY Change 17.96% 21.23%
Operating Profit $25.44M $19.53M
YoY Change 30.26% 230.29%
Interest Expense $4.148M $6.026M
YoY Change -31.16% -69.5%
% of Operating Profit 16.31% 30.86%
Other Income/Expense, Net $4.148M $6.026M
YoY Change -31.16% -69.5%
Pretax Income $21.29M $13.50M
YoY Change 57.67% -197.53%
Income Tax $4.585M $3.356M
% Of Pretax Income 21.53% 24.85%
Net Earnings $16.71M $10.15M
YoY Change 64.63% -203.07%
Net Earnings / Revenue 6.43% 4.78%
Basic Earnings Per Share $0.11 $0.07
Diluted Earnings Per Share $0.11 $0.07
COMMON SHARES
Basic Shares Outstanding 154.4M 153.2M
Diluted Shares Outstanding 156.9M 156.0M

Balance Sheet

Concept 2021 Q4 2020 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $66.06M $210.0M
YoY Change -68.54% 833.33%
Cash & Equivalents $66.06M $210.0M
Short-Term Investments
Other Short-Term Assets $18.85M $161.0K
YoY Change 11606.21% -99.19%
Inventory $289.1M $166.2M
Prepaid Expenses $11.41M
Receivables $63.06M $41.23M
Other Receivables $0.00 $0.00
Total Short-Term Assets $437.0M $429.0M
YoY Change 1.87% 80.78%
LONG-TERM ASSETS
Property, Plant & Equipment $435.3M $279.2M
YoY Change 55.92% 29.13%
Goodwill $992.5M $951.4M
YoY Change 4.32%
Intangibles $279.7M
YoY Change
Long-Term Investments
YoY Change
Other Assets $1.765M $1.608M
YoY Change 9.76% -44.55%
Total Long-Term Assets $1.778B $1.512B
YoY Change 17.61% 1.33%
TOTAL ASSETS
Total Short-Term Assets $437.0M $429.0M
Total Long-Term Assets $1.778B $1.512B
Total Assets $2.215B $1.941B
YoY Change 14.13% 12.24%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $64.49M $38.18M
YoY Change 68.91% 83.55%
Accrued Expenses $93.46M $71.20M
YoY Change 31.27% 13.2%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $606.0K
YoY Change
Total Short-Term Liabilities $162.5M $114.4M
YoY Change 42.04% 18.83%
LONG-TERM LIABILITIES
Long-Term Debt $465.0M $463.3M
YoY Change 0.36% -58.39%
Other Long-Term Liabilities $85.67M $9.009M
YoY Change 850.88% -7.12%
Total Long-Term Liabilities $550.7M $472.3M
YoY Change 16.59% -57.95%
TOTAL LIABILITIES
Total Short-Term Liabilities $162.5M $114.4M
Total Long-Term Liabilities $550.7M $472.3M
Total Liabilities $764.0M $621.8M
YoY Change 22.86% -50.23%
SHAREHOLDERS EQUITY
Retained Earnings -$171.5M -$273.3M
YoY Change -37.24%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.451B $1.321B
YoY Change
Total Liabilities & Shareholders Equity $2.215B $1.941B
YoY Change 14.13% 12.24%

Cashflow Statement

Concept 2021 Q4 2020 Q4
OPERATING ACTIVITIES
Net Income $16.71M $10.15M
YoY Change 64.63% -203.07%
Depreciation, Depletion And Amortization $28.08M $24.28M
YoY Change 15.67% 0.57%
Cash From Operating Activities -$30.62M $20.30M
YoY Change -250.85% -136.01%
INVESTING ACTIVITIES
Capital Expenditures $65.33M $27.02M
YoY Change 141.79% 41.24%
Acquisitions $91.31M
YoY Change
Other Investing Activities -$91.28M $20.00K
YoY Change -456490.0% -81.82%
Cash From Investing Activities -$156.6M -$27.00M
YoY Change 479.95% 41.99%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 2.751M 1.728M
YoY Change 59.2% -121.33%
NET CHANGE
Cash From Operating Activities -30.62M 20.30M
Cash From Investing Activities -156.6M -27.00M
Cash From Financing Activities 2.751M 1.728M
Net Change In Cash -184.5M -4.978M
YoY Change 3605.91% -94.04%
FREE CASH FLOW
Cash From Operating Activities -$30.62M $20.30M
Capital Expenditures $65.33M $27.02M
Free Cash Flow -$95.95M -$6.723M
YoY Change 1327.23% -91.09%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2021Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2021Q4 us-gaap Preferred Stock Value
PreferredStockValue
CY2021Q4 azek Accrued Rebates
AccruedRebates
49150000
CY2021Q4 azek Accrued Rebates
AccruedRebates
49150000
CY2021Q4 us-gaap Operating Lease Right Of Use Asset Statement Of Financial Position Extensible List
OperatingLeaseRightOfUseAssetStatementOfFinancialPositionExtensibleList
http://fasb.org/us-gaap/2021-01-31#OtherAssets
CY2021Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
464999000
CY2021Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
85665000
CY2021Q4 us-gaap Liabilities
Liabilities
763955000
CY2021Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
1000000
CY2021Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0
CY2021Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
1451151000
CY2021Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
2215106000
CY2021Q4 us-gaap Revenues
Revenues
259708000
CY2021Q3 us-gaap Operating Lease Right Of Use Asset Statement Of Financial Position Extensible List
OperatingLeaseRightOfUseAssetStatementOfFinancialPositionExtensibleList
http://fasb.org/us-gaap/2021-01-31#OtherAssets
CY2021Q4 us-gaap Finance Lease Right Of Use Asset Statement Of Financial Position Extensible List
FinanceLeaseRightOfUseAssetStatementOfFinancialPositionExtensibleList
http://fasb.org/us-gaap/2021-01-31#OtherAssets
CY2021Q3 us-gaap Finance Lease Right Of Use Asset Statement Of Financial Position Extensible List
FinanceLeaseRightOfUseAssetStatementOfFinancialPositionExtensibleList
http://fasb.org/us-gaap/2021-01-31#OtherAssets
CY2021Q4 us-gaap Operating Lease Liability Current Statement Of Financial Position Extensible List
OperatingLeaseLiabilityCurrentStatementOfFinancialPositionExtensibleList
http://fasb.org/us-gaap/2021-01-31#AccruedLiabilitiesAndOtherLiabilities
CY2021Q3 us-gaap Operating Lease Liability Current Statement Of Financial Position Extensible List
OperatingLeaseLiabilityCurrentStatementOfFinancialPositionExtensibleList
http://fasb.org/us-gaap/2021-01-31#AccruedLiabilitiesAndOtherLiabilities
CY2021Q4 us-gaap Finance Lease Liability Current Statement Of Financial Position Extensible List
FinanceLeaseLiabilityCurrentStatementOfFinancialPositionExtensibleList
http://fasb.org/us-gaap/2021-01-31#AccruedLiabilitiesAndOtherLiabilities
CY2021Q3 us-gaap Finance Lease Liability Current Statement Of Financial Position Extensible List
FinanceLeaseLiabilityCurrentStatementOfFinancialPositionExtensibleList
http://fasb.org/us-gaap/2021-01-31#AccruedLiabilitiesAndOtherLiabilities
CY2021Q4 us-gaap Operating Lease Liability Noncurrent Statement Of Financial Position Extensible List
OperatingLeaseLiabilityNoncurrentStatementOfFinancialPositionExtensibleList
http://fasb.org/us-gaap/2021-01-31#OtherLiabilitiesNoncurrent
CY2021Q3 us-gaap Operating Lease Liability Noncurrent Statement Of Financial Position Extensible List
OperatingLeaseLiabilityNoncurrentStatementOfFinancialPositionExtensibleList
http://fasb.org/us-gaap/2021-01-31#OtherLiabilitiesNoncurrent
CY2021Q4 us-gaap Finance Lease Liability Noncurrent Statement Of Financial Position Extensible List
FinanceLeaseLiabilityNoncurrentStatementOfFinancialPositionExtensibleList
http://fasb.org/us-gaap/2021-01-31#OtherLiabilitiesNoncurrent
CY2021Q3 us-gaap Finance Lease Liability Noncurrent Statement Of Financial Position Extensible List
FinanceLeaseLiabilityNoncurrentStatementOfFinancialPositionExtensibleList
http://fasb.org/us-gaap/2021-01-31#OtherLiabilitiesNoncurrent
CY2021Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P7Y3M18D
CY2021Q3 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P7Y9M18D
CY2021Q4 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P30Y10M24D
CY2021Q3 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P32Y2M12D
CY2021Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P6Y
CY2020Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P6Y
CY2021Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.001
CY2021Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
1622516000
CY2021Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-171520000
CY2021Q4 us-gaap Cost Of Revenue
CostOfRevenue
171099000
CY2020Q4 us-gaap Cost Of Revenue
CostOfRevenue
139300000
CY2021Q4 us-gaap Gross Profit
GrossProfit
88609000
CY2020Q4 us-gaap Gross Profit
GrossProfit
72978000
CY2021Q4 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
63169000
CY2020Q4 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
53448000
CY2021Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
25440000
CY2020Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
19530000
CY2021Q4 us-gaap Interest Expense
InterestExpense
4148000
CY2020Q4 us-gaap Interest Expense
InterestExpense
6026000
CY2021Q4 us-gaap Other Expenses
OtherExpenses
4148000
CY2020Q4 us-gaap Other Expenses
OtherExpenses
6026000
CY2021Q4 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
21292000
CY2020Q4 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
13504000
CY2021Q4 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
4585000
CY2020Q4 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
3356000
CY2021Q4 us-gaap Net Income Loss
NetIncomeLoss
16707000
CY2020Q4 us-gaap Net Income Loss
NetIncomeLoss
10148000
CY2021Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.11
CY2020Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.07
CY2021Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.11
CY2020Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.07
CY2021Q4 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
16707000
CY2020Q4 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
10148000
CY2021Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
154407244
CY2020Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
153226378
CY2021Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
156854925
CY2020Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
156018731
CY2020Q3 us-gaap Stockholders Equity
StockholdersEquity
1303888000
CY2020Q4 us-gaap Net Income Loss
NetIncomeLoss
10148000
CY2020Q4 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
2878000
CY2020Q4 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
2364000
CY2020Q4 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
-210000
CY2020Q4 us-gaap Stockholders Equity
StockholdersEquity
1321166000
CY2021Q3 us-gaap Stockholders Equity
StockholdersEquity
1427164000
CY2021Q4 us-gaap Net Income Loss
NetIncomeLoss
16707000
CY2021Q4 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
3970000
CY2021Q4 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
3310000
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
1451151000
CY2020Q4 us-gaap Net Income Loss
NetIncomeLoss
10148000
CY2021Q4 azek Depreciation Expense Including Finance Lease Right Of Use Asset Amortization
DepreciationExpenseIncludingFinanceLeaseRightOfUseAssetAmortization
15202000
CY2020Q4 azek Depreciation Expense Including Finance Lease Right Of Use Asset Amortization
DepreciationExpenseIncludingFinanceLeaseRightOfUseAssetAmortization
11635000
CY2021Q4 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
12880000
CY2020Q4 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
12643000
CY2021Q4 azek Noncashinterest Expense
NoncashinterestExpense
1154000
CY2020Q4 azek Noncashinterest Expense
NoncashinterestExpense
670000
CY2021Q4 azek Non Cash Lease Expense
NonCashLeaseExpense
-39000
CY2020Q4 azek Non Cash Lease Expense
NonCashLeaseExpense
-35000
CY2021Q4 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
4381000
CY2020Q4 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
2908000
CY2021Q4 azek Non Cash Compensation Expense
NonCashCompensationExpense
3970000
CY2020Q4 azek Non Cash Compensation Expense
NonCashCompensationExpense
2878000
CY2021Q4 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-18000
CY2020Q4 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-212000
CY2021Q4 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-18057000
CY2020Q4 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-29652000
CY2021Q4 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
88515000
CY2020Q4 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
36081000
CY2021Q4 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
3330000
CY2020Q4 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
2876000
CY2021Q4 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
606000
CY2020Q4 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-5097000
CY2021Q4 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-11626000
CY2020Q4 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-6465000
CY2021Q4 us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
85000
CY2020Q4 us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
-106000
CY2021Q4 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-30620000
CY2020Q4 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
20298000
CY2021Q4 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
65333000
CY2020Q4 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
27021000
CY2021Q4 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
32000
CY2020Q4 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
17000
CY2021Q4 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
91310000
CY2021Q4 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-156611000
CY2020Q4 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-27004000
CY2021Q4 azek Proceeds Repayments Of Finance Lease Obligations
ProceedsRepaymentsOfFinanceLeaseObligations
-559000
CY2020Q4 azek Proceeds Repayments Of Finance Lease Obligations
ProceedsRepaymentsOfFinanceLeaseObligations
-426000
CY2021Q4 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
3310000
CY2020Q4 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
2364000
CY2020Q4 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
210000
CY2021Q4 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
2751000
CY2020Q4 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
1728000
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-184480000
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-4978000
CY2021Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
250536000
CY2020Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
215012000
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
66056000
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
210034000
CY2021Q4 us-gaap Interest Paid Net
InterestPaidNet
2782000
CY2020Q4 us-gaap Interest Paid Net
InterestPaidNet
5847000
CY2021Q4 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
-129000
CY2020Q4 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
-56000
CY2021Q4 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
5748000
CY2020Q4 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
4035000
CY2021Q4 azek Right Of Use Operating And Finance Lease Assets Obtained In Exchange For Lease Liabilities
RightOfUseOperatingAndFinanceLeaseAssetsObtainedInExchangeForLeaseLiabilities
8915000
CY2020Q4 azek Right Of Use Operating And Finance Lease Assets Obtained In Exchange For Lease Liabilities
RightOfUseOperatingAndFinanceLeaseAssetsObtainedInExchangeForLeaseLiabilities
1645000
CY2021Q4 us-gaap Use Of Estimates
UseOfEstimates
<p style="margin-bottom:0pt;margin-top:12pt;text-indent:0%;font-weight:bold;font-style:italic;font-size:10pt;font-family:Times New Roman;text-transform:none;font-variant: normal;">Use of Estimates </p> <p style="margin-bottom:0pt;margin-top:6pt;text-indent:4.54%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and reported amounts of revenues and expenses during the reporting period. Significant estimates include revenue recognition, reserves for excess inventory, inventory obsolescence, product warranties, customer rebates, stock-based compensation, litigation, income taxes, contingent consideration, goodwill and intangible asset valuation and accounting for long-lived assets. Management’s estimates and assumptions are evaluated on an ongoing basis and are based on historical experience, current conditions and available information. Actual results may differ from estimated amounts. Estimates are revised as additional information becomes available. </p>
CY2021Q4 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
2000000.0
CY2020Q4 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
1800000
CY2020Q4 azek Lease Assets
LeaseAssets
15200000
CY2020Q4 azek Lease Liabilities
LeaseLiabilities
18700000
CY2020Q4 azek Accrued Rebates
AccruedRebates
35800000
CY2021Q4 azek Contra Trade Receivable
ContraTradeReceivable
4700000
CY2020Q4 azek Contra Trade Receivable
ContraTradeReceivable
3100000
CY2021Q3 azek Accrued Rebates Current
AccruedRebatesCurrent
47648000
CY2020Q3 azek Accrued Rebates Current
AccruedRebatesCurrent
32679000
CY2021Q4 azek Rebate Expense
RebateExpense
16150000
CY2020Q4 azek Rebate Expense
RebateExpense
13673000
CY2021Q4 azek Payments For Rebate
PaymentsForRebate
-9957000
CY2020Q4 azek Payments For Rebate
PaymentsForRebate
-7533000
CY2020Q4 azek Accrued Rebates Current
AccruedRebatesCurrent
38819000
CY2021Q4 azek Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Intangible Assets Including Goodwill
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibleAssetsIncludingGoodwill
84100000
CY2021Q4 us-gaap Business Acquisition Purchase Price Allocation Goodwill Expected Tax Deductible Amount
BusinessAcquisitionPurchasePriceAllocationGoodwillExpectedTaxDeductibleAmount
41100000
CY2021Q4 us-gaap Acquired Finite Lived Intangible Assets Weighted Average Useful Life
AcquiredFiniteLivedIntangibleAssetsWeightedAverageUsefulLife
P14Y2M12D
CY2021Q4 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
66758000
CY2021Q3 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
46046000
CY2021Q4 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
30997000
CY2021Q3 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
27278000
CY2021Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
191304000
CY2021Q3 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
115564000
CY2021Q4 us-gaap Inventory Net
InventoryNet
289059000
CY2021Q3 us-gaap Inventory Net
InventoryNet
188888000
CY2021Q4 us-gaap Land And Land Improvements
LandAndLandImprovements
2812000
CY2021Q3 us-gaap Land And Land Improvements
LandAndLandImprovements
2812000
CY2021Q4 us-gaap Buildings And Improvements Gross
BuildingsAndImprovementsGross
76234000
CY2021Q3 us-gaap Buildings And Improvements Gross
BuildingsAndImprovementsGross
73227000
CY2021Q4 us-gaap Machinery And Equipment Gross
MachineryAndEquipmentGross
440740000
CY2021Q3 us-gaap Machinery And Equipment Gross
MachineryAndEquipmentGross
405611000
CY2021Q4 us-gaap Furniture And Fixtures Gross
FurnitureAndFixturesGross
6276000
CY2021Q3 us-gaap Furniture And Fixtures Gross
FurnitureAndFixturesGross
6018000
CY2021Q4 azek Property And Equipment Excluding Construction In Progress Gross
PropertyAndEquipmentExcludingConstructionInProgressGross
551254000
CY2021Q3 azek Property And Equipment Excluding Construction In Progress Gross
PropertyAndEquipmentExcludingConstructionInProgressGross
512187000
CY2021Q4 us-gaap Construction In Progress Gross
ConstructionInProgressGross
148815000
CY2021Q3 us-gaap Construction In Progress Gross
ConstructionInProgressGross
129886000
CY2021Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
700069000
CY2021Q3 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
642073000
CY2021Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
264765000
CY2021Q3 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
251061000
CY2021Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
435304000
CY2021Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
391012000
CY2021Q4 us-gaap Depreciation
Depreciation
15200000
CY2020Q4 us-gaap Depreciation
Depreciation
11600000
CY2021Q4 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
1100000
CY2020Q4 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
500000
CY2021Q3 us-gaap Goodwill
Goodwill
951390000
CY2021Q4 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
41123000
CY2021Q4 us-gaap Goodwill
Goodwill
992513000
CY2021Q3 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
32200000
CY2021Q4 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
32200000
CY2021Q4 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
0
CY2021Q3 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
0
CY2021Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
713886000
CY2021Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
441194000
CY2021Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
272692000
CY2021Q3 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
670886000
CY2021Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
428314000
CY2021Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
242572000
CY2021Q4 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
12900000
CY2020Q4 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
12600000
us-gaap Acquired Finite Lived Intangible Assets Weighted Average Useful Life
AcquiredFiniteLivedIntangibleAssetsWeightedAverageUsefulLife
P12Y4M24D
CY2021Q3 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
1109000
CY2020Q3 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
1332000
CY2021Q4 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
-45000
CY2020Q4 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
6000
CY2021Q4 azek Allowance For Doubtful Accounts Receivable Business Combination Increase
AllowanceForDoubtfulAccountsReceivableBusinessCombinationIncrease
10000
CY2021Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
1074000
CY2020Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
1338000
CY2021Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
17637000
CY2021Q3 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
32996000
CY2021Q4 us-gaap Customer Deposits Current
CustomerDepositsCurrent
8724000
CY2021Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
4668000
CY2021Q3 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
3906000
CY2021Q4 us-gaap Accrued Marketing Costs Current
AccruedMarketingCostsCurrent
4416000
CY2021Q3 us-gaap Accrued Marketing Costs Current
AccruedMarketingCostsCurrent
3421000
CY2021Q4 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
2885000
CY2021Q3 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
2992000
CY2021Q4 azek Accrued Construction In Progress Liability Current
AccruedConstructionInProgressLiabilityCurrent
2347000
CY2021Q3 azek Accrued Construction In Progress Liability Current
AccruedConstructionInProgressLiabilityCurrent
4068000
CY2021Q4 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
2098000
CY2021Q3 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
2296000
CY2021Q4 azek Accrued Freight Payable Current
AccruedFreightPayableCurrent
1324000
CY2021Q3 azek Accrued Freight Payable Current
AccruedFreightPayableCurrent
2292000
CY2021Q4 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
606000
CY2021Q3 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
71000
CY2021Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
3979000
CY2021Q3 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
4480000
CY2021Q4 us-gaap Accrued Liabilities And Other Liabilities
AccruedLiabilitiesAndOtherLiabilities
48684000
CY2021Q3 us-gaap Accrued Liabilities And Other Liabilities
AccruedLiabilitiesAndOtherLiabilities
56522000
CY2021Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
467654000
CY2021Q3 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
467654000
CY2021Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
2371000
CY2021Q3 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
2625000
CY2021Q4 us-gaap Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
284000
CY2021Q3 us-gaap Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
314000
CY2021Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
464999000
CY2021Q3 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
464715000
CY2021Q4 us-gaap Interest Expense Other
InterestExpenseOther
866000
CY2020Q4 us-gaap Interest Expense Other
InterestExpenseOther
203000
CY2021Q4 us-gaap Interest Costs Capitalized Adjustment
InterestCostsCapitalizedAdjustment
1115000
CY2020Q4 us-gaap Interest Costs Capitalized Adjustment
InterestCostsCapitalizedAdjustment
486000
CY2021Q4 us-gaap Interest Expense
InterestExpense
4148000
CY2020Q4 us-gaap Interest Expense
InterestExpense
6026000
CY2021Q4 us-gaap Standard Product Warranty Description
StandardProductWarrantyDescription
The Company provides product assurance warranties of various lengths ranging from 5 years to lifetime for limited coverage for a variety of material and workmanship defects based on standard terms and conditions between the Company and its customers.
CY2021Q3 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
12699000
CY2020Q3 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
10913000
CY2021Q4 us-gaap Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
467000
CY2020Q4 us-gaap Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
723000
CY2021Q4 us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
485000
CY2020Q4 us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
608000
CY2020Q4 azek Standard Product Warranty Accretion Purchase Accounting Valuation
StandardProductWarrantyAccretionPurchaseAccountingValuation
16000
CY2021Q4 us-gaap Standard Product Warranty Accrual Current
StandardProductWarrantyAccrualCurrent
2885000
CY2020Q4 us-gaap Standard Product Warranty Accrual Current
StandardProductWarrantyAccrualCurrent
2681000
CY2021Q4 us-gaap Standard Product Warranty Accrual Noncurrent
StandardProductWarrantyAccrualNoncurrent
9796000
CY2020Q4 us-gaap Standard Product Warranty Accrual Noncurrent
StandardProductWarrantyAccrualNoncurrent
8363000
CY2021Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
21669000
CY2021Q3 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
19431000
CY2021Q4 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
54144000
CY2021Q3 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
49084000
CY2021Q4 azek Lease Assets
LeaseAssets
75813000
CY2021Q3 azek Lease Assets
LeaseAssets
68515000
CY2021Q4 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
606000
CY2021Q3 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
71000
CY2021Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
19962000
CY2021Q3 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
18585000
CY2021Q4 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
55862000
CY2021Q3 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
50590000
CY2021Q4 azek Lease Liabilities
LeaseLiabilities
81098000
CY2021Q3 azek Lease Liabilities
LeaseLiabilities
73152000
CY2021Q4 us-gaap Operating Lease Cost
OperatingLeaseCost
1170000
CY2020Q4 us-gaap Operating Lease Cost
OperatingLeaseCost
784000
CY2021Q4 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
717000
CY2020Q4 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
249000
CY2021Q4 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
804000
CY2020Q4 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
203000
CY2021Q4 us-gaap Short Term Lease Cost
ShortTermLeaseCost
42000
CY2020Q4 us-gaap Short Term Lease Cost
ShortTermLeaseCost
25000
CY2021Q4 us-gaap Sublease Income
SubleaseIncome
119000
CY2020Q4 us-gaap Sublease Income
SubleaseIncome
71000
CY2021Q4 us-gaap Lease Cost
LeaseCost
2614000
CY2020Q4 us-gaap Lease Cost
LeaseCost
1190000
CY2021Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.041
CY2021Q3 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.043
CY2021Q4 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.063
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
4248000
CY2021Q4 us-gaap Finance Lease Liability Payments Remainder Of Fiscal Year
FinanceLeaseLiabilityPaymentsRemainderOfFiscalYear
2851000
CY2021Q4 azek Lessee Lease Liability To Be Paid Due Remainder Of Fiscal Year
LesseeLeaseLiabilityToBePaidDueRemainderOfFiscalYear
7099000
CY2021Q3 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.065
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
5393000
CY2021Q4 us-gaap Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
4534000
CY2021Q4 azek Lessee Lease Liability To Be Paid Due Next Twelve Months
LesseeLeaseLiabilityToBePaidDueNextTwelveMonths
9927000
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
4468000
CY2021Q4 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
4233000
CY2021Q4 azek Lessee Lease Liability To Be Paid Due Year Two
LesseeLeaseLiabilityToBePaidDueYearTwo
8701000
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
3482000
CY2021Q4 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
4021000
CY2021Q4 azek Lessee Lease Liability To Be Paid Due Year Three
LesseeLeaseLiabilityToBePaidDueYearThree
7503000
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
2230000
CY2021Q4 us-gaap Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
3858000
CY2021Q4 azek Lessee Lease Liability To Be Paid Due Year Four
LesseeLeaseLiabilityToBePaidDueYearFour
6088000
CY2021Q4 azek Lessee Operating Lease Liability Payments Due After Year Four
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFour
9285000
CY2021Q4 azek Finance Lease Liability Payments Due After Year Four
FinanceLeaseLiabilityPaymentsDueAfterYearFour
105220000
CY2021Q4 azek Lessee Lease Liability To Be Paid Due After Year Four
LesseeLeaseLiabilityToBePaidDueAfterYearFour
114505000
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
29106000
CY2021Q4 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
124717000
CY2021Q4 azek Lessee Lease Liability Payments Due
LesseeLeaseLiabilityPaymentsDue
153823000
CY2021Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
4476000
CY2021Q4 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
68249000
CY2021Q4 azek Lessee Lease Liability Undiscounted Excess Amount
LesseeLeaseLiabilityUndiscountedExcessAmount
72725000
CY2021Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
24630000
CY2021Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
56468000
CY2021Q4 azek Lessee Lease Liability
LesseeLeaseLiability
81098000
CY2021Q4 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2
CY2021Q4 us-gaap Revenues
Revenues
259708000
CY2020Q4 us-gaap Revenues
Revenues
212278000
CY2021Q4 azek Adjusted Earnings Before Interest Tax Depreciation And Amortization
AdjustedEarningsBeforeInterestTaxDepreciationAndAmortization
74179000
CY2020Q4 azek Adjusted Earnings Before Interest Tax Depreciation And Amortization
AdjustedEarningsBeforeInterestTaxDepreciationAndAmortization
62092000
CY2021Q4 azek Unallocated Net Expenses
UnallocatedNetExpenses
15659000
CY2020Q4 azek Unallocated Net Expenses
UnallocatedNetExpenses
13640000
CY2021Q4 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
28082000
CY2020Q4 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
24278000
CY2021Q4 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
4016000
CY2020Q4 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
2980000
CY2021Q4 azek Business Combination Total Costs
BusinessCombinationTotalCosts
497000
CY2021Q4 azek Other Costs Expense
OtherCostsExpense
485000
CY2020Q4 azek Other Costs Expense
OtherCostsExpense
1664000
CY2021Q4 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-4148000
CY2020Q4 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-6026000
CY2021Q4 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
21292000
CY2020Q4 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
13504000
CY2021Q4 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
500000
CY2021Q4 us-gaap Legal Fees
LegalFees
300000
CY2020Q4 us-gaap Legal Fees
LegalFees
500000
CY2021Q4 azek Other Miscellaneous Expenses
OtherMiscellaneousExpenses
100000
CY2020Q4 azek Lease Standard Adoption Costs
LeaseStandardAdoptionCosts
200000
CY2020Q2 us-gaap Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
819700000
CY2020Q2 us-gaap Payments For Underwriting Expense
PaymentsForUnderwritingExpense
50600000
CY2020Q2 azek Accrued Liabilities For Estimated Offering Expenses
AccruedLiabilitiesForEstimatedOfferingExpenses
9200000
CY2021Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
1000000
CY2021Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.001
CY2021Q4 us-gaap Common Stock Voting Rights
CommonStockVotingRights
The Class A common stock and Class B common stock provide identical economic rights, but holders of Class B common stock have limited voting rights, specifically that such holders have no right to vote, solely with respect to their shares of Class B common stock, with respect to the election, replacement or removal of directors.
CY2021Q4 us-gaap Common Stock Conversion Basis
CommonStockConversionBasis
Class A common stock and Class B common stock are not entitled to preemptive rights. Holders of Class B common stock may convert their shares of Class B common stock into shares of Class A common stock on a one-for-one basis, in whole or in part, at any time and from time to time at their option.
CY2021Q4 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
800000
CY2020Q4 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
500000
CY2021Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Stock Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions
34000000.0
CY2021Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P2Y4M24D
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0134
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0056
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.4000
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.3500
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.0000
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.0000
CY2021Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
366852
CY2021Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
30.42
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
170203
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
40.71
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
38298
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue
34.45
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod
8221
CY2021Q4 azek Share Based Compensation Arrangement By Share Based Payment Awards Equity Instruments Other Than Options Vested In Period Weighted Average Forfeited Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardsEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageForfeitedDateFairValue
28.06
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
490536
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
33.83
CY2021Q4 us-gaap Net Income Loss
NetIncomeLoss
16707000
CY2020Q4 us-gaap Net Income Loss
NetIncomeLoss
10148000
CY2021Q4 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
16707000
CY2020Q4 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
10148000
CY2021Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
154407244
CY2020Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
153226378
CY2021Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
156854925
CY2020Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
156018731
CY2021Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.11
CY2020Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.07
CY2021Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.11
CY2020Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.07
CY2021Q4 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.215
CY2020Q4 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.249

Files In Submission

Name View Source Status
0001564590-22-004115-index-headers.html Edgar Link pending
0001564590-22-004115-index.html Edgar Link pending
0001564590-22-004115.txt Edgar Link pending
0001564590-22-004115-xbrl.zip Edgar Link pending
azek-10q_20211231.htm Edgar Link pending
azek-10q_20211231_htm.xml Edgar Link completed
azek-20211231.xsd Edgar Link pending
azek-20211231_cal.xml Edgar Link unprocessable
azek-20211231_def.xml Edgar Link unprocessable
azek-20211231_lab.xml Edgar Link unprocessable
azek-20211231_pre.xml Edgar Link unprocessable
azek-ex311_8.htm Edgar Link pending
azek-ex312_9.htm Edgar Link pending
azek-ex321_7.htm Edgar Link pending
azek-ex322_6.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
MetaLinks.json Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R60.htm Edgar Link pending
R61.htm Edgar Link pending
R62.htm Edgar Link pending
R63.htm Edgar Link pending
R64.htm Edgar Link pending
R65.htm Edgar Link pending
R66.htm Edgar Link pending
R67.htm Edgar Link pending
R68.htm Edgar Link pending
R69.htm Edgar Link pending
R7.htm Edgar Link pending
R70.htm Edgar Link pending
R71.htm Edgar Link pending
R72.htm Edgar Link pending
R73.htm Edgar Link pending
R74.htm Edgar Link pending
R75.htm Edgar Link pending
R76.htm Edgar Link pending
R77.htm Edgar Link pending
R78.htm Edgar Link pending
R79.htm Edgar Link pending
R8.htm Edgar Link pending
R80.htm Edgar Link pending
R81.htm Edgar Link pending
R82.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending