$EXP
EAGLE MATERIALS INC

2022 Q4 Form 10-Q Financial Statement

#000095017022020194 Filed on October 26, 2022

View on sec.gov

Income Statement

Concept 2022 Q4 2022 Q3 2022 Q1
Revenue $511.5M $605.1M $413.1M
YoY Change 10.49% 18.71% 20.34%
Cost Of Revenue $352.7M $410.8M $313.9M
YoY Change 8.74% 15.94% 14.79%
Gross Profit $158.8M $194.2M $99.18M
YoY Change 14.56% 25.04% 42.02%
Gross Profit Margin 31.04% 32.1% 24.01%
Selling, General & Admin $12.50M $13.63M $13.82M
YoY Change -2.75% 27.75% 48.55%
% of Gross Profit 7.87% 7.02% 13.93%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $34.82M $34.64M $32.33M
YoY Change 8.14% 7.13% -1.42%
% of Gross Profit 21.93% 17.84% 32.6%
Operating Expenses $10.29M $14.29M $11.54M
YoY Change -0.47% -22.61% -242.47%
Operating Profit $170.1M $201.4M $87.64M
YoY Change 15.64% 23.1% 12.45%
Interest Expense $8.932M $8.580M $2.578M
YoY Change 58.06% -30.06% 71.87%
% of Operating Profit 5.25% 4.26% 2.94%
Other Income/Expense, Net $2.210M -$664.0K
YoY Change -31.09% -29.66%
Pretax Income $150.9M $178.5M $90.21M
YoY Change 14.47% 35.95% 13.56%
Income Tax $33.74M $39.53M $15.90M
% Of Pretax Income 22.36% 22.14% 17.62%
Net Earnings $117.2M $139.0M $74.32M
YoY Change 14.35% 36.1% 12.58%
Net Earnings / Revenue 22.91% 22.97% 17.99%
Basic Earnings Per Share $3.23 $3.74
Diluted Earnings Per Share $3.20 $3.72 $1.90
COMMON SHARES
Basic Shares Outstanding 36.84M 37.68M 39.51M
Diluted Shares Outstanding 36.61M 37.37M

Balance Sheet

Concept 2022 Q4 2022 Q3 2022 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $60.94M $84.14M $19.42M
YoY Change 250.37% 86.09% -92.63%
Cash & Equivalents $60.94M $84.14M $19.42M
Short-Term Investments
Other Short-Term Assets $5.177M $5.933M $3.172M
YoY Change -19.44% -30.48% -74.42%
Inventory $247.2M $225.8M $236.7M
Prepaid Expenses
Receivables $172.5M $232.6M $176.3M
Other Receivables $5.466M $4.371M $7.202M
Total Short-Term Assets $491.3M $552.9M $442.7M
YoY Change 18.28% 17.11% -33.09%
LONG-TERM ASSETS
Property, Plant & Equipment $1.642B $1.656B $1.617B
YoY Change 0.9% 1.63% -2.57%
Goodwill $380.7M $378.3M $329.1M
YoY Change 15.67% 14.92% 0.0%
Intangibles
YoY Change
Long-Term Investments $85.27M $85.39M $80.64M
YoY Change 7.34% 10.0% 6.95%
Other Assets $15.08M $15.15M $19.51M
YoY Change -11.0% -12.11% 22.34%
Total Long-Term Assets $2.239B $2.256B $2.137B
YoY Change 4.39% 5.05% -1.84%
TOTAL ASSETS
Total Short-Term Assets $491.3M $552.9M $442.7M
Total Long-Term Assets $2.239B $2.256B $2.137B
Total Assets $2.730B $2.809B $2.580B
YoY Change 6.64% 7.23% -9.12%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $106.6M $113.7M $113.7M
YoY Change 7.14% 12.27% 35.06%
Accrued Expenses $83.76M $91.52M $86.75M
YoY Change -3.95% 13.93% 10.04%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $10.00M $10.00M $0.00
YoY Change
Total Short-Term Liabilities $208.3M $223.3M $207.6M
YoY Change 7.55% 18.38% 22.55%
LONG-TERM LIABILITIES
Long-Term Debt $1.054B $1.126B $938.3M
YoY Change 25.81% 38.61% -6.98%
Other Long-Term Liabilities $37.15M $37.42M $38.70M
YoY Change -1.25% -17.35% -6.28%
Total Long-Term Liabilities $1.091B $1.164B $977.0M
YoY Change 24.65% 35.66% -6.95%
TOTAL LIABILITIES
Total Short-Term Liabilities $208.3M $223.3M $207.6M
Total Long-Term Liabilities $1.091B $1.164B $977.0M
Total Liabilities $1.565B $1.652B $1.446B
YoY Change 16.95% 25.9% -2.27%
SHAREHOLDERS EQUITY
Retained Earnings $1.168B $1.159B $1.136B
YoY Change -4.65% -11.51% -12.56%
Common Stock $362.0K $371.0K $387.0K
YoY Change -9.05% -9.29% -99.38%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.166B $1.157B $1.134B
YoY Change
Total Liabilities & Shareholders Equity $2.730B $2.809B $2.580B
YoY Change 6.64% 7.23% -9.12%

Cashflow Statement

Concept 2022 Q4 2022 Q3 2022 Q1
OPERATING ACTIVITIES
Net Income $117.2M $139.0M $74.32M
YoY Change 14.35% 36.1% 12.58%
Depreciation, Depletion And Amortization $34.82M $34.64M $32.33M
YoY Change 8.14% 7.13% -1.42%
Cash From Operating Activities $179.7M $175.6M $88.29M
YoY Change 7.32% 16.83% -12.67%
INVESTING ACTIVITIES
Capital Expenditures -$17.70M -$28.34M -$18.93M
YoY Change -37.69% 90.91% 125.39%
Acquisitions
YoY Change
Other Investing Activities $0.00 -$37.29M $0.00
YoY Change
Cash From Investing Activities -$17.70M -$65.62M -$18.93M
YoY Change -37.69% 342.15% 125.39%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -185.2M -94.16M -67.34M
YoY Change 10.99% -76.57% -339.63%
NET CHANGE
Cash From Operating Activities 179.7M 175.6M 88.29M
Cash From Investing Activities -17.70M -65.62M -18.93M
Cash From Financing Activities -185.2M -94.16M -67.34M
Net Change In Cash -23.20M 15.86M 2.024M
YoY Change -16.6% -105.95% -98.32%
FREE CASH FLOW
Cash From Operating Activities $179.7M $175.6M $88.29M
Capital Expenditures -$17.70M -$28.34M -$18.93M
Free Cash Flow $197.4M $204.0M $107.2M
YoY Change 0.79% 23.49% -2.08%

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EAGLE MATERIALS INC.
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PreferredStockValue
0
CY2022Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2022Q1 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2022Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
100000000
CY2022Q1 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
100000000
CY2022Q3 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
37064662
CY2022Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
37064662
CY2022Q1 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
38710929
CY2022Q1 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
38710929
CY2022Q3 us-gaap Common Stock Value
CommonStockValue
371000
CY2022Q1 us-gaap Common Stock Value
CommonStockValue
387000
CY2022Q3 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
0
CY2022Q1 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
0
CY2022Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-3128000
CY2022Q1 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-3175000
CY2022Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
1159461000
CY2022Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
1136344000
CY2022Q3 us-gaap Stockholders Equity
StockholdersEquity
1156704000
CY2022Q1 us-gaap Stockholders Equity
StockholdersEquity
1133556000
CY2022Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
2809149000
CY2022Q1 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
2579652000
us-gaap Net Income Loss
NetIncomeLoss
244000000
us-gaap Net Income Loss
NetIncomeLoss
197452000
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
68874000
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
64284000
us-gaap Write Off Of Deferred Debt Issuance Cost
WriteOffOfDeferredDebtIssuanceCost
0
us-gaap Write Off Of Deferred Debt Issuance Cost
WriteOffOfDeferredDebtIssuanceCost
6101000
exp Deferred Income Tax Expense Benefit Continued And Discontinued Operations
DeferredIncomeTaxExpenseBenefitContinuedAndDiscontinuedOperations
6198000
exp Deferred Income Tax Expense Benefit Continued And Discontinued Operations
DeferredIncomeTaxExpenseBenefitContinuedAndDiscontinuedOperations
8295000
us-gaap Share Based Compensation
ShareBasedCompensation
9548000
us-gaap Share Based Compensation
ShareBasedCompensation
6376000
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
12254000
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
16230000
us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
7500000
us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
14000000
us-gaap Increase Decrease In Accounts And Notes Receivable
IncreaseDecreaseInAccountsAndNotesReceivable
50697000
us-gaap Increase Decrease In Accounts And Notes Receivable
IncreaseDecreaseInAccountsAndNotesReceivable
49597000
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-18101000
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-32004000
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
16776000
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-4589000
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
2883000
us-gaap Increase Decrease In Income Taxes Payable Net Of Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable
2952000
us-gaap Increase Decrease In Income Taxes Payable Net Of Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable
-15116000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
300445000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
261462000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
43249000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
26777000
us-gaap Payments To Acquire Businesses Gross
PaymentsToAcquireBusinessesGross
158451000
us-gaap Payments To Acquire Businesses Gross
PaymentsToAcquireBusinessesGross
0
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-201700000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-26777000
us-gaap Proceeds From Repayments Of Notes Payable
ProceedsFromRepaymentsOfNotesPayable
200000000
us-gaap Proceeds From Repayments Of Notes Payable
ProceedsFromRepaymentsOfNotesPayable
75000000
us-gaap Proceeds From Repayments Of Other Long Term Debt
ProceedsFromRepaymentsOfOtherLongTermDebt
-2500000
us-gaap Proceeds From Repayments Of Other Long Term Debt
ProceedsFromRepaymentsOfOtherLongTermDebt
-665000000
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
19149000
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
10547000
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
210398000
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
247845000
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
735000
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
14460000
exp Loss On Early Retirement Of Senior Notes
LossOnEarlyRetirementOfSeniorNotes
0
exp Loss On Early Retirement Of Senior Notes
LossOnEarlyRetirementOfSeniorNotes
-8407000
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
903000
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
7985000
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
1806000
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
1359000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-34021000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-457991000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
64724000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
-223306000
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
19416000
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
268520000
CY2022Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
84140000
CY2021Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
45214000
CY2021Q1 us-gaap Stockholders Equity
StockholdersEquity
1358990000
CY2021Q2 us-gaap Net Income Loss
NetIncomeLoss
95327000
CY2021Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
2456000
CY2021Q2 exp Stock Option Exercises And Restricted Share Issuance
StockOptionExercisesAndRestrictedShareIssuance
8222000
CY2021Q2 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
1214000
CY2021Q2 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
61929000
CY2021Q2 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
10547000
CY2021Q2 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-27000
CY2021Q2 us-gaap Stockholders Equity
StockholdersEquity
1391332000
CY2021Q3 us-gaap Net Income Loss
NetIncomeLoss
102125000
CY2021Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
3920000
CY2021Q3 exp Stock Option Exercises And Restricted Share Issuance
StockOptionExercisesAndRestrictedShareIssuance
6238000
CY2021Q3 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
145000
CY2021Q3 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
185916000
CY2021Q3 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
10272000
CY2021Q3 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-27000
CY2021Q3 us-gaap Stockholders Equity
StockholdersEquity
1307309000
CY2022Q1 us-gaap Stockholders Equity
StockholdersEquity
1133556000
CY2022Q2 us-gaap Net Income Loss
NetIncomeLoss
105005000
CY2022Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
5146000
CY2022Q2 exp Stock Option Exercises And Restricted Share Issuance
StockOptionExercisesAndRestrictedShareIssuance
667000
CY2022Q2 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
1497000
CY2022Q2 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
109612000
CY2022Q2 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
9507000
CY2022Q2 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-23000
CY2022Q2 us-gaap Stockholders Equity
StockholdersEquity
1123781000
CY2022Q3 us-gaap Net Income Loss
NetIncomeLoss
138995000
CY2022Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
4402000
CY2022Q3 exp Stock Option Exercises And Restricted Share Issuance
StockOptionExercisesAndRestrictedShareIssuance
68000
CY2022Q3 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
309000
CY2022Q3 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
100786000
CY2022Q3 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
9471000
CY2022Q3 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-24000
CY2022Q3 us-gaap Stockholders Equity
StockholdersEquity
1156704000
CY2022Q1 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
6729000
CY2022Q3 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
91515000
CY2022Q1 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
86754000
CY2022Q3 us-gaap Operating Lease Cost
OperatingLeaseCost
1671000
CY2022Q3 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
6800000
CY2022Q1 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
6700000
CY2022Q3 us-gaap Accounts And Notes Receivable Net
AccountsAndNotesReceivableNet
8500000
CY2022Q2 us-gaap Notes And Loans Receivable Net Current
NotesAndLoansReceivableNetCurrent
0
CY2022Q3 us-gaap Loans Receivable Basis Spread On Variable Rate
LoansReceivableBasisSpreadOnVariableRate
0.052
us-gaap Interest Paid Net
InterestPaidNet
12940000
us-gaap Interest Paid Net
InterestPaidNet
10634000
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
61592000
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
54581000
us-gaap Operating Lease Payments
OperatingLeasePayments
4248000
us-gaap Operating Lease Payments
OperatingLeasePayments
3987000
CY2021Q3 us-gaap Operating Lease Cost
OperatingLeaseCost
1566000
us-gaap Operating Lease Cost
OperatingLeaseCost
3398000
us-gaap Operating Lease Cost
OperatingLeaseCost
3080000
exp Long Term Supply Agreements Maturity Year
LongTermSupplyAgreementsMaturityYear
2025
exp Notes Receivable Maturity Description
NotesReceivableMaturityDescription
Remaining unpaid amounts, plus accrued interest, mature in fiscal 2025
CY2022Q3 us-gaap Inventory Net
InventoryNet
225835000
CY2022Q1 us-gaap Inventory Net
InventoryNet
236661000
CY2022Q3 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
32289000
CY2022Q1 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
37262000
CY2022Q3 us-gaap Accrued Employee Benefits Current
AccruedEmployeeBenefitsCurrent
15832000
CY2022Q1 us-gaap Accrued Employee Benefits Current
AccruedEmployeeBenefitsCurrent
14894000
CY2022Q3 us-gaap Dividends Payable Current
DividendsPayableCurrent
9482000
CY2022Q1 us-gaap Dividends Payable Current
DividendsPayableCurrent
9756000
CY2022Q3 us-gaap Interest Payable Current
InterestPayableCurrent
7167000
CY2022Q1 us-gaap Interest Payable Current
InterestPayableCurrent
5052000
CY2022Q3 us-gaap Accrual For Taxes Other Than Income Taxes Current
AccrualForTaxesOtherThanIncomeTaxesCurrent
10399000
CY2022Q1 us-gaap Accrual For Taxes Other Than Income Taxes Current
AccrualForTaxesOtherThanIncomeTaxesCurrent
6514000
CY2022Q3 us-gaap Accrued Utilities Current
AccruedUtilitiesCurrent
4633000
CY2022Q1 us-gaap Accrued Utilities Current
AccruedUtilitiesCurrent
2877000
CY2022Q3 exp Accrued Freight Cost Current
AccruedFreightCostCurrent
2485000
CY2022Q1 exp Accrued Freight Cost Current
AccruedFreightCostCurrent
1172000
CY2022Q3 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
1608000
CY2022Q1 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
989000
CY2022Q3 us-gaap Sales And Excise Tax Payable Current
SalesAndExciseTaxPayableCurrent
2291000
CY2022Q1 us-gaap Sales And Excise Tax Payable Current
SalesAndExciseTaxPayableCurrent
1509000
CY2022Q3 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
5329000
CY2022Q3 us-gaap Short Term Lease Cost
ShortTermLeaseCost
126000
CY2021Q3 us-gaap Short Term Lease Cost
ShortTermLeaseCost
309000
us-gaap Short Term Lease Cost
ShortTermLeaseCost
275000
us-gaap Short Term Lease Cost
ShortTermLeaseCost
811000
CY2022Q3 us-gaap Lease Cost
LeaseCost
1797000
CY2021Q3 us-gaap Lease Cost
LeaseCost
1875000
us-gaap Lease Cost
LeaseCost
3673000
us-gaap Lease Cost
LeaseCost
3891000
CY2022Q3 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
22126000
CY2021Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
23856000
CY2022Q3 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
6736000
CY2021Q1 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
7118000
CY2022Q3 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
26736000
CY2021Q1 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
29212000
CY2022Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
33472000
CY2021Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
36330000
CY2022Q3 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
4408000
CY2022Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
6363000
CY2022Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
5916000
CY2022Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
4279000
CY2022Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
3540000
CY2022Q3 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
16934000
CY2022Q3 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
41440000
CY2022Q3 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
7968000
CY2022Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
33472000
CY2022Q3 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P10Y2M12D
CY2022Q3 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0373
CY2013Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized
3000000
CY2021Q3 exp Shares Repurchased From Assumed Proceeds Of Assumed Exercised Options
SharesRepurchasedFromAssumedProceedsOfAssumedExercisedOptions
365887
exp Shares Repurchased From Assumed Proceeds Of Assumed Exercised Options
SharesRepurchasedFromAssumedProceedsOfAssumedExercisedOptions
311373
exp Shares Repurchased From Assumed Proceeds Of Assumed Exercised Options
SharesRepurchasedFromAssumedProceedsOfAssumedExercisedOptions
395516
CY2022Q3 us-gaap Incremental Common Shares Attributable To Contingently Issuable Shares
IncrementalCommonSharesAttributableToContingentlyIssuableShares
117439
CY2021Q3 us-gaap Incremental Common Shares Attributable To Contingently Issuable Shares
IncrementalCommonSharesAttributableToContingentlyIssuableShares
177583
us-gaap Incremental Common Shares Attributable To Contingently Issuable Shares
IncrementalCommonSharesAttributableToContingentlyIssuableShares
120410
CY2022Q2 us-gaap Stock Option Plan Expense
StockOptionPlanExpense
1100000
us-gaap Stock Option Plan Expense
StockOptionPlanExpense
1900000
CY2021Q3 us-gaap Stock Option Plan Expense
StockOptionPlanExpense
1000000.0
us-gaap Stock Option Plan Expense
StockOptionPlanExpense
1700000
CY2022Q3 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Share Based Awards Other Than Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedShareBasedAwardsOtherThanOptions
4800000
CY2022Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
456849
CY2022Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
83.81
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
56621
CY2022Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
492451
CY2022Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
89.09
CY2022Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
301348
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
48.36
CY2022Q3 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Outstanding Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfOutstandingOptions
492451
us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Options Weighted Average Remaining Contractual Term2
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageRemainingContractualTerm2
P6Y8M19D
CY2022Q3 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Options Weighted Average Exercise Price Beginning Balance1
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageExercisePriceBeginningBalance1
89.09
CY2022Q3 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Exercisable Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfExercisableOptions
301348
CY2022Q3 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Exercisable Options Weighted Average Exercise Price1
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeExercisableOptionsWeightedAverageExercisePrice1
89.43
CY2022Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
10300000
CY2022Q3 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
5600000
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
1000000.0
CY2022Q3 us-gaap Restricted Stock Expense
RestrictedStockExpense
3300000
us-gaap Restricted Stock Expense
RestrictedStockExpense
7600000
CY2021Q3 us-gaap Restricted Stock Expense
RestrictedStockExpense
2900000
us-gaap Restricted Stock Expense
RestrictedStockExpense
4700000
CY2022Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized
3260318
CY2022Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
37140197
CY2021Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
41222161
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
37559087
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
41623187
CY2022Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
420199
CY2021Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
560876
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
424489
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
606876
CY2022Q3 exp Shares Repurchased From Assumed Proceeds Of Assumed Exercised Options
SharesRepurchasedFromAssumedProceedsOfAssumedExercisedOptions
310956
CY2022Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
37366879
CY2021Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
41594733
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
37792613
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
42013847
CY2022Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
46750
CY2021Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
3578
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
39703
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
2684
CY2022Q3 exp Sales Revenue From Joint Venture
SalesRevenueFromJointVenture
25130000
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.22
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.22
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21
CY2022Q3 us-gaap Line Of Credit
LineOfCredit
200000000
CY2022Q1 us-gaap Line Of Credit
LineOfCredit
200000000
CY2022Q3 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
1147500000
CY2022Q1 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
950000000
CY2022Q3 us-gaap Long Term Debt Current
LongTermDebtCurrent
10000000
CY2022Q1 us-gaap Long Term Debt Current
LongTermDebtCurrent
0
CY2022Q3 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
-11102000
CY2022Q3 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
6400000
CY2022Q1 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
-11735000
CY2022Q3 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
1126398000
CY2022Q1 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
938265000
CY2021Q3 exp Interest Coverage Ratio Minimum
InterestCoverageRatioMinimum
0.0250
CY2022Q3 us-gaap Line Of Credit Facility Remaining Borrowing Capacity
LineOfCreditFacilityRemainingBorrowingCapacity
543600000
CY2022Q3 us-gaap Guaranty Liabilities
GuarantyLiabilities
0
CY2021Q3 exp Sales Revenue From Joint Venture
SalesRevenueFromJointVenture
26926000
exp Sales Revenue From Joint Venture
SalesRevenueFromJointVenture
51445000
exp Sales Revenue From Joint Venture
SalesRevenueFromJointVenture
49617000
CY2022Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
605068000
CY2021Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
509694000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1166455000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
985464000
CY2022Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
201395000
CY2021Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
163601000
us-gaap Operating Income Loss
OperatingIncomeLoss
357359000
us-gaap Operating Income Loss
OperatingIncomeLoss
298082000
CY2022Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
13627000
CY2021Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
10667000
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
25447000
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
20135000
CY2022Q3 exp Loss On Early Retirement Of Senior Notes
LossOnEarlyRetirementOfSeniorNotes
0
CY2021Q3 exp Loss On Early Retirement Of Senior Notes
LossOnEarlyRetirementOfSeniorNotes
-8407000
exp Loss On Early Retirement Of Senior Notes
LossOnEarlyRetirementOfSeniorNotes
0
exp Loss On Early Retirement Of Senior Notes
LossOnEarlyRetirementOfSeniorNotes
-8407000
CY2022Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-664000
CY2021Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-944000
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-1299000
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
2734000
CY2022Q3 exp Earnings Before Interest And Taxes
EarningsBeforeInterestAndTaxes
187104000
CY2021Q3 exp Earnings Before Interest And Taxes
EarningsBeforeInterestAndTaxes
143583000
exp Earnings Before Interest And Taxes
EarningsBeforeInterestAndTaxes
330613000
exp Earnings Before Interest And Taxes
EarningsBeforeInterestAndTaxes
272274000
CY2022Q3 us-gaap Interest Expense
InterestExpense
8580000
CY2021Q3 us-gaap Interest Expense
InterestExpense
12268000
us-gaap Interest Expense
InterestExpense
15910000
us-gaap Interest Expense
InterestExpense
19240000
CY2022Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
178524000
CY2021Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
131315000
us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
314703000
us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
253034000
CY2022Q3 us-gaap Property Plant And Equipment Additions
PropertyPlantAndEquipmentAdditions
28335000
CY2021Q3 us-gaap Property Plant And Equipment Additions
PropertyPlantAndEquipmentAdditions
14842000
us-gaap Property Plant And Equipment Additions
PropertyPlantAndEquipmentAdditions
43249000
us-gaap Property Plant And Equipment Additions
PropertyPlantAndEquipmentAdditions
26777000
CY2022Q3 us-gaap Assets
Assets
2809149000
CY2022Q1 us-gaap Assets
Assets
2579652000
CY2022Q3 us-gaap Goodwill
Goodwill
378250000
CY2022Q1 us-gaap Goodwill
Goodwill
329137000
CY2022Q3 us-gaap Investment Income Interest
InvestmentIncomeInterest
70000
CY2021Q3 us-gaap Investment Income Interest
InvestmentIncomeInterest
13000
us-gaap Investment Income Interest
InvestmentIncomeInterest
82000
us-gaap Investment Income Interest
InvestmentIncomeInterest
38000
CY2022Q3 us-gaap Interest Expense Borrowings
InterestExpenseBorrowings
8176000
CY2021Q3 us-gaap Interest Expense Borrowings
InterestExpenseBorrowings
5425000
us-gaap Interest Expense Borrowings
InterestExpenseBorrowings
15055000
us-gaap Interest Expense Borrowings
InterestExpenseBorrowings
11551000
CY2022Q3 us-gaap Interest Expense Other Long Term Debt
InterestExpenseOtherLongTermDebt
474000
CY2021Q3 us-gaap Interest Expense Other Long Term Debt
InterestExpenseOtherLongTermDebt
6856000
us-gaap Interest Expense Other Long Term Debt
InterestExpenseOtherLongTermDebt
937000
us-gaap Interest Expense Other Long Term Debt
InterestExpenseOtherLongTermDebt
7727000
CY2022Q3 us-gaap Interest Expense
InterestExpense
8580000
CY2021Q3 us-gaap Interest Expense
InterestExpense
12268000
us-gaap Interest Expense
InterestExpense
15910000
us-gaap Interest Expense
InterestExpense
19240000
CY2022Q3 exp Contingent Liability For Performance Bonds Required By States Municipalities And Related Agencies
ContingentLiabilityForPerformanceBondsRequiredByStatesMunicipalitiesAndRelatedAgencies
26800000

Files In Submission

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FilingSummary.xml Edgar Link unprocessable
exp-20220930_pre.xml Edgar Link unprocessable
exp-20220930_cal.xml Edgar Link unprocessable
exp-20220930_lab.xml Edgar Link unprocessable
exp-20220930_htm.xml Edgar Link completed
exp-20220930_def.xml Edgar Link unprocessable
0000950170-22-020194-index-headers.html Edgar Link pending
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0000950170-22-020194.txt Edgar Link pending
0000950170-22-020194-xbrl.zip Edgar Link pending
exp-20220930.htm Edgar Link pending
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