$FIX
COMFORT SYSTEMS USA INC

2024 Q3 Form 10-Q Financial Statement

#000155837024010178 Filed on July 25, 2024

View on sec.gov

Income Statement

Concept 2024 Q3 2024 Q2
Revenue $1.812B $1.810B
YoY Change 31.51% 39.64%
Cost Of Revenue $1.431B $1.447B
YoY Change 29.99% 35.39%
Gross Profit $381.7M $363.6M
YoY Change 37.56% 59.53%
Gross Profit Margin 21.06% 20.08%
Selling, General & Admin $180.2M $179.5M
YoY Change 26.06% 41.46%
% of Gross Profit 47.2% 49.38%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $36.75M $38.68M
YoY Change 80.29% 92.57%
% of Gross Profit 9.63% 10.64%
Operating Expenses $180.2M $179.5M
YoY Change 26.06% 31.6%
Operating Profit $202.9M $184.7M
YoY Change 50.13% 101.85%
Interest Expense -$15.16M $1.709M
YoY Change -903.76% -124.68%
% of Operating Profit -7.47% 0.93%
Other Income/Expense, Net -$15.07M -$15.02M
YoY Change 55.3% -34225.0%
Pretax Income $187.8M $169.7M
YoY Change 49.72% 99.12%
Income Tax $41.58M $35.65M
% Of Pretax Income 22.14% 21.01%
Net Earnings $146.2M $134.0M
YoY Change 39.11% 92.89%
Net Earnings / Revenue 8.07% 7.4%
Basic Earnings Per Share $4.10 $3.75
Diluted Earnings Per Share $4.09 $3.74
COMMON SHARES
Basic Shares Outstanding 35.68M 35.72M
Diluted Shares Outstanding 35.76M 35.83M

Balance Sheet

Concept 2024 Q3 2024 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $415.6M $199.4M
YoY Change 201.97% 232.33%
Cash & Equivalents $415.6M $199.4M
Short-Term Investments
Other Short-Term Assets $36.09M $45.49M
YoY Change -15.46% -9.9%
Inventory $55.68M $63.78M
Prepaid Expenses
Receivables $1.894B $1.859B
Other Receivables $135.3M $155.6M
Total Short-Term Assets $2.537B $2.323B
YoY Change 39.99% 54.86%
LONG-TERM ASSETS
Property, Plant & Equipment $250.2M $240.3M
YoY Change 33.87% -21.37%
Goodwill $875.2M $874.9M
YoY Change 37.29% 37.25%
Intangibles $456.5M $480.9M
YoY Change 66.51% 68.7%
Long-Term Investments
YoY Change
Other Assets $18.53M $17.63M
YoY Change 25.1% -90.55%
Total Long-Term Assets $1.876B $1.891B
YoY Change 41.21% 33.63%
TOTAL ASSETS
Total Short-Term Assets $2.537B $2.323B
Total Long-Term Assets $1.876B $1.891B
Total Assets $4.413B $4.214B
YoY Change 40.51% 44.56%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $603.5M $590.5M
YoY Change 36.82% 49.06%
Accrued Expenses $322.1M $267.8M
YoY Change 43.99% 41.4%
Deferred Revenue $1.198B $1.150B
YoY Change 54.46% 65.13%
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $6.046M $17.69M
YoY Change -54.65% 32.64%
Total Short-Term Liabilities $2.429B $2.335B
YoY Change 49.12% 57.61%
LONG-TERM LIABILITIES
Long-Term Debt $62.32M $73.38M
YoY Change 83.65% -45.22%
Other Long-Term Liabilities $124.2M $113.5M
YoY Change 71.45% -39.68%
Total Long-Term Liabilities $186.5M $186.9M
YoY Change 75.34% -41.98%
TOTAL LIABILITIES
Total Short-Term Liabilities $2.429B $2.335B
Total Long-Term Liabilities $186.5M $186.9M
Total Liabilities $2.825B $2.732B
YoY Change 46.11% 51.45%
SHAREHOLDERS EQUITY
Retained Earnings $1.494B $1.358B
YoY Change 40.27% 40.34%
Common Stock $350.6M $349.5M
YoY Change 3.35% 3.15%
Preferred Stock
YoY Change
Treasury Stock (at cost) $256.8M $225.6M
YoY Change 30.29% 15.51%
Treasury Stock Shares
Shareholders Equity $1.588B $1.482B
YoY Change
Total Liabilities & Shareholders Equity $4.413B $4.214B
YoY Change 40.51% 44.56%

Cashflow Statement

Concept 2024 Q3 2024 Q2
OPERATING ACTIVITIES
Net Income $146.2M $134.0M
YoY Change 39.11% 92.89%
Depreciation, Depletion And Amortization $36.75M $38.68M
YoY Change 80.29% 92.57%
Cash From Operating Activities $302.2M $189.9M
YoY Change 41.05% 51.39%
INVESTING ACTIVITIES
Capital Expenditures $22.06M $23.38M
YoY Change -22.45% -4.98%
Acquisitions
YoY Change
Other Investing Activities $473.0K -$37.40M
YoY Change -83.95% 51135.62%
Cash From Investing Activities -$21.59M -$60.79M
YoY Change -15.34% 146.27%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -64.43M -30.45M
YoY Change -42.02% -65.9%
NET CHANGE
Cash From Operating Activities 302.2M 189.9M
Cash From Investing Activities -21.59M -60.79M
Cash From Financing Activities -64.43M -30.45M
Net Change In Cash 216.2M 98.63M
YoY Change 178.5% 761.6%
FREE CASH FLOW
Cash From Operating Activities $302.2M $189.9M
Capital Expenditures $22.06M $23.38M
Free Cash Flow $280.1M $166.5M
YoY Change 50.77% 65.15%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2024Q2 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2023Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2024Q2 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0
CY2023Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0
CY2023Q4 us-gaap Operating Lease Liability Current Statement Of Financial Position Extensible List
OperatingLeaseLiabilityCurrentStatementOfFinancialPositionExtensibleList
http://fasb.org/us-gaap/2023#OtherLiabilitiesCurrent
dei Entity Central Index Key
EntityCentralIndexKey
0001035983
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2024
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q2
dei Amendment Flag
AmendmentFlag
false
CY2024Q2 us-gaap Preferred Stock Value
PreferredStockValue
CY2023Q4 us-gaap Preferred Stock Value
PreferredStockValue
CY2024Q2 us-gaap Operating Lease Liability Current Statement Of Financial Position Extensible List
OperatingLeaseLiabilityCurrentStatementOfFinancialPositionExtensibleList
http://fasb.org/us-gaap/2023#OtherLiabilitiesCurrent
dei Document Type
DocumentType
10-Q
dei Document Quarterly Report
DocumentQuarterlyReport
true
dei Document Period End Date
DocumentPeriodEndDate
2024-06-30
dei Document Transition Report
DocumentTransitionReport
false
dei Entity File Number
EntityFileNumber
1-13011
dei Entity Registrant Name
EntityRegistrantName
COMFORT SYSTEMS USA, INC.
dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
DE
dei Entity Tax Identification Number
EntityTaxIdentificationNumber
76-0526487
dei Entity Address Address Line1
EntityAddressAddressLine1
675 Bering Drive
dei Entity Address Address Line2
EntityAddressAddressLine2
Suite 400
dei Entity Address City Or Town
EntityAddressCityOrTown
Houston
dei Entity Address State Or Province
EntityAddressStateOrProvince
TX
dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
77057
dei City Area Code
CityAreaCode
713
dei Local Phone Number
LocalPhoneNumber
830-9600
dei Security12b Title
Security12bTitle
Common Stock, $0.01 par value
dei Trading Symbol
TradingSymbol
FIX
dei Security Exchange Name
SecurityExchangeName
NYSE
dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
dei Entity Small Business
EntitySmallBusiness
false
dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
dei Entity Shell Company
EntityShellCompany
false
CY2024Q3 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
35676594
CY2024Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
199419000
CY2023Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
205150000
CY2024Q2 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
13513000
CY2023Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
11926000
CY2024Q2 us-gaap Billed Contract Receivables
BilledContractReceivables
1708507000
CY2023Q4 us-gaap Billed Contract Receivables
BilledContractReceivables
1318926000
CY2024Q2 fix Unbilled Accounts Receivable Allowance For Credit Loss
UnbilledAccountsReceivableAllowanceForCreditLoss
1055000
CY2023Q4 fix Unbilled Accounts Receivable Allowance For Credit Loss
UnbilledAccountsReceivableAllowanceForCreditLoss
850000
CY2024Q2 us-gaap Unbilled Contracts Receivable
UnbilledContractsReceivable
81184000
CY2023Q4 us-gaap Unbilled Contracts Receivable
UnbilledContractsReceivable
72774000
CY2024Q2 us-gaap Allowance For Doubtful Other Receivables Current
AllowanceForDoubtfulOtherReceivablesCurrent
519000
CY2023Q4 us-gaap Allowance For Doubtful Other Receivables Current
AllowanceForDoubtfulOtherReceivablesCurrent
522000
CY2024Q2 us-gaap Nontrade Receivables Current
NontradeReceivablesCurrent
155606000
CY2023Q4 us-gaap Nontrade Receivables Current
NontradeReceivablesCurrent
166319000
CY2024Q2 us-gaap Inventory Net
InventoryNet
63778000
CY2023Q4 us-gaap Inventory Net
InventoryNet
65538000
CY2024Q2 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
45486000
CY2023Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
54309000
CY2024Q2 us-gaap Contract With Customer Asset Accumulated Allowance For Credit Loss Current
ContractWithCustomerAssetAccumulatedAllowanceForCreditLossCurrent
227000
CY2023Q4 us-gaap Contract With Customer Asset Accumulated Allowance For Credit Loss Current
ContractWithCustomerAssetAccumulatedAllowanceForCreditLossCurrent
79000
CY2024Q2 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
69391000
CY2023Q4 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
28084000
CY2024Q2 us-gaap Assets Current
AssetsCurrent
2323371000
CY2023Q4 us-gaap Assets Current
AssetsCurrent
1911100000
CY2024Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
240319000
CY2023Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
208568000
CY2024Q2 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
226721000
CY2023Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
205712000
CY2024Q2 us-gaap Goodwill
Goodwill
874947000
CY2023Q4 us-gaap Goodwill
Goodwill
666834000
CY2024Q2 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
480880000
CY2023Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
280397000
CY2024Q2 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
50112000
CY2023Q4 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
17723000
CY2024Q2 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
17634000
CY2023Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
15245000
CY2024Q2 us-gaap Assets
Assets
4213984000
CY2023Q4 us-gaap Assets
Assets
3305579000
CY2024Q2 us-gaap Long Term Debt Current
LongTermDebtCurrent
17686000
CY2023Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
4867000
CY2024Q2 us-gaap Accounts Payable Current
AccountsPayableCurrent
590529000
CY2023Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
419962000
CY2024Q2 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
209390000
CY2023Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
169136000
CY2024Q2 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
1149896000
CY2023Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
909538000
CY2024Q2 us-gaap Self Insurance Reserve Current
SelfInsuranceReserveCurrent
31881000
CY2023Q4 us-gaap Self Insurance Reserve Current
SelfInsuranceReserveCurrent
27774000
CY2024Q2 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
335566000
CY2023Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
189928000
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
35332000
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
15750000
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
0
CY2023Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
0
CY2024Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
0
CY2024Q2 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
35691000
CY2023Q2 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
35770000
CY2024Q2 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
35691000
CY2023Q2 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
35770000
CY2024Q2 fix Effect Of Using Weighted Average Common Shares Outstanding
EffectOfUsingWeightedAverageCommonSharesOutstanding
55000
CY2023Q2 fix Effect Of Using Weighted Average Common Shares Outstanding
EffectOfUsingWeightedAverageCommonSharesOutstanding
52000
fix Effect Of Using Weighted Average Common Shares Outstanding
EffectOfUsingWeightedAverageCommonSharesOutstanding
51000
fix Effect Of Using Weighted Average Common Shares Outstanding
EffectOfUsingWeightedAverageCommonSharesOutstanding
47000
CY2024Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
35746000
CY2023Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
35822000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
35742000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
35817000
CY2024Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
30000
CY2023Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
26000
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
30000
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
26000
CY2024Q2 us-gaap Incremental Common Shares Attributable To Contingently Issuable Shares
IncrementalCommonSharesAttributableToContingentlyIssuableShares
52000
CY2023Q2 us-gaap Incremental Common Shares Attributable To Contingently Issuable Shares
IncrementalCommonSharesAttributableToContingentlyIssuableShares
58000
CY2024Q2 us-gaap Liabilities Current
LiabilitiesCurrent
2334948000
CY2023Q4 us-gaap Liabilities Current
LiabilitiesCurrent
1721205000
CY2024Q2 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
73377000
CY2023Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
39345000
CY2024Q2 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
208710000
CY2023Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
188136000
CY2024Q2 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
1120000
CY2023Q4 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
1120000
CY2024Q2 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
113535000
CY2023Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
77944000
CY2024Q2 us-gaap Liabilities
Liabilities
2731690000
CY2023Q4 us-gaap Liabilities
Liabilities
2027750000
CY2024Q2 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2023Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2024Q2 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
5000000
CY2023Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
5000000
CY2024Q2 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0
CY2023Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0
CY2024Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2023Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2024Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
102969912
CY2023Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
102969912
CY2024Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
41123365
CY2023Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
41123365
CY2024Q2 us-gaap Common Stock Value
CommonStockValue
411000
CY2023Q4 us-gaap Common Stock Value
CommonStockValue
411000
CY2024Q2 us-gaap Treasury Stock Common Shares
TreasuryStockCommonShares
5431971
CY2023Q4 us-gaap Treasury Stock Common Shares
TreasuryStockCommonShares
5438625
CY2024Q2 us-gaap Treasury Stock Value
TreasuryStockValue
225573000
CY2023Q4 us-gaap Treasury Stock Value
TreasuryStockValue
209807000
CY2024Q2 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
349099000
CY2023Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
339562000
CY2024Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
1358357000
CY2023Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
1147663000
CY2024Q2 us-gaap Stockholders Equity
StockholdersEquity
1482294000
CY2023Q4 us-gaap Stockholders Equity
StockholdersEquity
1277829000
CY2024Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
4213984000
CY2023Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
3305579000
CY2024Q2 us-gaap Revenues
Revenues
1810290000
CY2023Q2 us-gaap Revenues
Revenues
1296430000
us-gaap Revenues
Revenues
3347306000
us-gaap Revenues
Revenues
2471070000
CY2024Q2 us-gaap Cost Of Revenue
CostOfRevenue
1446694000
CY2023Q2 us-gaap Cost Of Revenue
CostOfRevenue
1068510000
us-gaap Cost Of Revenue
CostOfRevenue
2686347000
us-gaap Cost Of Revenue
CostOfRevenue
2037745000
CY2024Q2 us-gaap Gross Profit
GrossProfit
363596000
CY2023Q2 us-gaap Gross Profit
GrossProfit
227920000
us-gaap Gross Profit
GrossProfit
660959000
us-gaap Gross Profit
GrossProfit
433325000
CY2024Q2 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
179537000
CY2023Q2 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
136430000
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
342260000
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
271462000
CY2024Q2 us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
611000
CY2023Q2 us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
592000
us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
1431000
us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
1104000
CY2024Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
184670000
CY2023Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
92082000
us-gaap Operating Income Loss
OperatingIncomeLoss
320130000
us-gaap Operating Income Loss
OperatingIncomeLoss
162967000
CY2024Q2 us-gaap Investment Income Interest
InvestmentIncomeInterest
1264000
CY2023Q2 us-gaap Investment Income Interest
InvestmentIncomeInterest
92000
us-gaap Investment Income Interest
InvestmentIncomeInterest
2867000
us-gaap Investment Income Interest
InvestmentIncomeInterest
1489000
CY2024Q2 us-gaap Interest Expense
InterestExpense
1709000
CY2023Q2 us-gaap Interest Expense
InterestExpense
3918000
us-gaap Interest Expense
InterestExpense
3342000
us-gaap Interest Expense
InterestExpense
7994000
CY2024Q2 us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
14689000
CY2023Q2 us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
3098000
us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
27180000
us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
5480000
CY2024Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
119000
CY2023Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
44000
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
236000
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
45000
CY2024Q2 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-15015000
CY2023Q2 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-6880000
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-27419000
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-11940000
CY2024Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
169655000
CY2023Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
85202000
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
292711000
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
151027000
CY2024Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
35646000
CY2023Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
15726000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
62383000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
24335000
CY2024Q2 us-gaap Net Income Loss
NetIncomeLoss
134009000
CY2023Q2 us-gaap Net Income Loss
NetIncomeLoss
69476000
us-gaap Net Income Loss
NetIncomeLoss
230328000
us-gaap Net Income Loss
NetIncomeLoss
126692000
CY2024Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
3.75
CY2023Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.94
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
6.44
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
3.54
CY2024Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
3.74
CY2023Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.93
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
6.43
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
3.53
CY2024Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
35746000
CY2023Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
35822000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
35742000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
35817000
CY2024Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
35828000
CY2023Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
35906000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
35828000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
35907000
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
999923000
CY2023Q1 us-gaap Profit Loss
ProfitLoss
57216000
CY2023Q1 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
18000
CY2023Q1 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
4515000
CY2023Q1 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
1798000
CY2023Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
3438000
CY2023Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.175
CY2023Q1 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
6254000
CY2023Q1 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
3568000
CY2023Q1 us-gaap Stockholders Equity
StockholdersEquity
1053490000
CY2023Q2 us-gaap Profit Loss
ProfitLoss
69476000
CY2023Q2 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
2891000
CY2023Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
1749000
CY2023Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.20
CY2023Q2 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
7152000
CY2023Q2 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
3208000
CY2023Q2 us-gaap Stockholders Equity
StockholdersEquity
1111464000
CY2023Q4 us-gaap Stockholders Equity
StockholdersEquity
1277829000
CY2024Q1 us-gaap Profit Loss
ProfitLoss
96319000
CY2024Q1 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
27000
CY2024Q1 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
5353000
CY2024Q1 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
2126000
CY2024Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
4350000
CY2024Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.25
CY2024Q1 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
8921000
CY2024Q1 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
295000
CY2024Q1 us-gaap Stockholders Equity
StockholdersEquity
1372536000
CY2024Q2 us-gaap Profit Loss
ProfitLoss
134009000
CY2024Q2 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
5062000
CY2024Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
2368000
CY2024Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.30
CY2024Q2 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
10713000
CY2024Q2 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
10844000
CY2024Q2 us-gaap Stockholders Equity
StockholdersEquity
1482294000
us-gaap Profit Loss
ProfitLoss
230328000
us-gaap Profit Loss
ProfitLoss
126692000
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
50803000
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
21344000
us-gaap Depreciation
Depreciation
23044000
us-gaap Depreciation
Depreciation
18260000
fix Change In Right Of Use Assets
ChangeInRightOfUseAssets
14323000
fix Change In Right Of Use Assets
ChangeInRightOfUseAssets
10884000
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
2691000
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
2027000
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-32389000
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-55300000
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
342000
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
340000
us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
1431000
us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
1104000
us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
27180000
us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
5480000
us-gaap Share Based Compensation
ShareBasedCompensation
10085000
us-gaap Share Based Compensation
ShareBasedCompensation
8248000
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
267089000
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
147726000
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-1990000
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
5992000
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-14724000
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
3423000
us-gaap Increase Decrease In Contract With Customer Asset
IncreaseDecreaseInContractWithCustomerAsset
45428000
us-gaap Increase Decrease In Contract With Customer Asset
IncreaseDecreaseInContractWithCustomerAsset
5165000
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
1316000
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
988000
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
277961000
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
134296000
us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
32812000
us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
138217000
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-2215000
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
6229000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
336415000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
252319000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
48336000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
41130000
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
1829000
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
2086000
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
234657000
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
53404000
us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
1270000
us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
1180000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-282434000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-93628000
us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
182000000
us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
245000000
us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
182000000
us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
360000000
us-gaap Proceeds From Other Debt
ProceedsFromOtherDebt
640000
us-gaap Repayments Of Other Debt
RepaymentsOfOtherDebt
3848000
us-gaap Repayments Of Other Debt
RepaymentsOfOtherDebt
1966000
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
19634000
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
13406000
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
11139000
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
6776000
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
7188000
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
4689000
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
27000
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
18000
us-gaap Payment For Contingent Consideration Liability Financing Activities
PaymentForContingentConsiderationLiabilityFinancingActivities
18570000
us-gaap Payment For Contingent Consideration Liability Financing Activities
PaymentForContingentConsiderationLiabilityFinancingActivities
14079000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-59712000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-155898000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-5731000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
2793000
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
205150000
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
57214000
CY2024Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
199419000
CY2023Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
60007000
us-gaap Nature Of Operations
NatureOfOperations
<p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><b style="font-weight:bold;">1. Business and Organization</b></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-indent:36pt;margin:0pt;"><span style="visibility:hidden;">​</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-indent:36pt;margin:0pt;">Comfort Systems USA, Inc., a Delaware corporation, provides comprehensive mechanical and electrical contracting services, which principally includes heating, ventilation and air conditioning (“HVAC”), plumbing, electrical, piping and controls, as well as off-site construction, monitoring and fire protection. We build, install, maintain, repair and replace mechanical, electrical and plumbing (“MEP”) systems throughout the United States. The terms “Comfort Systems,” “we,” “us,” or the “Company,” refer to Comfort Systems USA, Inc. or Comfort Systems USA, Inc. and its consolidated subsidiaries, as appropriate in the context.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-indent:36pt;margin:0pt;"><span style="font-size:1pt;visibility:hidden;">​</span></p>
us-gaap Use Of Estimates
UseOfEstimates
<p style="font-family:'Times New Roman','Times','serif';font-size:10pt;padding-left:18pt;text-indent:-18pt;margin:0pt 0pt 0pt 36pt;"><span style="font-style:italic;font-weight:bold;">Use of Estimates</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-indent:36pt;margin:0pt;"><span style="visibility:hidden;">​</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-indent:36pt;margin:0pt;">The preparation of financial statements in conformity with generally accepted accounting principles requires the use of estimates and assumptions by management in determining the reported amounts of assets and liabilities, revenue and expenses and disclosures regarding contingent assets and liabilities. Actual results could differ from those estimates. The most significant estimates used in our financial statements affect revenue and cost recognition for construction contracts, self-insurance accruals, accounting for income taxes, fair value accounting for acquisitions and the quantification of fair value for reporting units in connection with our goodwill impairment testing. </p>
CY2023Q3 us-gaap Increase Decrease In Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesReceivable
107100000
CY2024Q2 us-gaap Equity Securities Without Readily Determinable Fair Value Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueAmount
5600000
CY2024Q2 fix Contract With Customer Performance Obligation Satisfied In Previous Period Percentage
ContractWithCustomerPerformanceObligationSatisfiedInPreviousPeriodPercentage
0.024
CY2023Q2 fix Contract With Customer Performance Obligation Satisfied In Previous Period Percentage
ContractWithCustomerPerformanceObligationSatisfiedInPreviousPeriodPercentage
0.012
fix Contract With Customer Performance Obligation Satisfied In Previous Period Percentage
ContractWithCustomerPerformanceObligationSatisfiedInPreviousPeriodPercentage
0.032
fix Contract With Customer Performance Obligation Satisfied In Previous Period Percentage
ContractWithCustomerPerformanceObligationSatisfiedInPreviousPeriodPercentage
0.017
CY2024Q2 us-gaap Revenues
Revenues
1810290000
CY2024Q2 fix Percentage Of Revenue From Contract With Customer
PercentageOfRevenueFromContractWithCustomer
1.000
CY2023Q2 us-gaap Revenues
Revenues
1296430000
CY2023Q2 fix Percentage Of Revenue From Contract With Customer
PercentageOfRevenueFromContractWithCustomer
1.000
us-gaap Revenues
Revenues
3347306000
fix Percentage Of Revenue From Contract With Customer
PercentageOfRevenueFromContractWithCustomer
1.000
us-gaap Revenues
Revenues
2471070000
fix Percentage Of Revenue From Contract With Customer
PercentageOfRevenueFromContractWithCustomer
1.000
CY2024Q2 us-gaap Revenues
Revenues
1810290000
CY2024Q2 fix Percentage Of Revenue From Contract With Customer
PercentageOfRevenueFromContractWithCustomer
1.000
CY2023Q2 us-gaap Revenues
Revenues
1296430000
CY2023Q2 fix Percentage Of Revenue From Contract With Customer
PercentageOfRevenueFromContractWithCustomer
1.000
us-gaap Revenues
Revenues
3347306000
fix Percentage Of Revenue From Contract With Customer
PercentageOfRevenueFromContractWithCustomer
1.000
us-gaap Revenues
Revenues
2471070000
fix Percentage Of Revenue From Contract With Customer
PercentageOfRevenueFromContractWithCustomer
1.000
CY2024Q2 us-gaap Revenues
Revenues
1810290000
CY2024Q2 fix Percentage Of Revenue From Contract With Customer
PercentageOfRevenueFromContractWithCustomer
1.000
CY2023Q2 us-gaap Revenues
Revenues
1296430000
CY2023Q2 fix Percentage Of Revenue From Contract With Customer
PercentageOfRevenueFromContractWithCustomer
1.000
us-gaap Revenues
Revenues
3347306000
fix Percentage Of Revenue From Contract With Customer
PercentageOfRevenueFromContractWithCustomer
1.000
us-gaap Revenues
Revenues
2471070000
fix Percentage Of Revenue From Contract With Customer
PercentageOfRevenueFromContractWithCustomer
1.000
CY2024Q2 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
69391000
CY2023Q4 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
28084000
CY2024Q2 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
1149896000
CY2023Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
909538000
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
729000000.0
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
449500000
us-gaap Contract With Customer Asset Credit Loss Expense
ContractWithCustomerAssetCreditLossExpense
0
us-gaap Contract With Customer Asset Credit Loss Expense
ContractWithCustomerAssetCreditLossExpense
0
CY2024Q2 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
5770000000
CY2024Q2 us-gaap Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1
RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1
P12M
fix Renewable Service Maintenance Agreements Term
RenewableServiceMaintenanceAgreementsTerm
P1Y
us-gaap Revenue Practical Expedient Remaining Performance Obligation
RevenuePracticalExpedientRemainingPerformanceObligation
true
CY2024Q2 fix Life Insurance Contracts Number Of Employees Covered
LifeInsuranceContractsNumberOfEmployeesCovered
126
CY2024Q2 fix Life Insurance Contracts Face Amount
LifeInsuranceContractsFaceAmount
87000000.0
CY2022Q4 us-gaap Goodwill
Goodwill
611789000
CY2023 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
55045000
CY2023Q4 us-gaap Goodwill
Goodwill
666834000
us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
208113000
CY2024Q2 us-gaap Goodwill
Goodwill
874947000
CY2024Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
46463000
CY2024Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
66576000
CY2024Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
55961000
CY2024Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
53650000
CY2024Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
52103000
CY2024Q2 fix Finite Lived Intangible Assets Amortization Expense After Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFour
206127000
CY2024Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
480880000
CY2024Q2 fix Other Debt Long Term And Short Term Combined Amount
OtherDebtLongTermAndShortTermCombinedAmount
793000
CY2023Q4 fix Other Debt Long Term And Short Term Combined Amount
OtherDebtLongTermAndShortTermCombinedAmount
142000
CY2024Q2 us-gaap Long Term Debt And Capital Lease Obligations Including Current Maturities
LongTermDebtAndCapitalLeaseObligationsIncludingCurrentMaturities
91063000
CY2023Q4 us-gaap Long Term Debt And Capital Lease Obligations Including Current Maturities
LongTermDebtAndCapitalLeaseObligationsIncludingCurrentMaturities
44212000
CY2024Q2 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
17686000
CY2023Q4 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
4867000
CY2024Q2 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
73377000
CY2023Q4 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
39345000
CY2024Q2 fix Variable Lease And Short Term Lease Cost
VariableLeaseAndShortTermLeaseCost
22800000
CY2023Q2 fix Variable Lease And Short Term Lease Cost
VariableLeaseAndShortTermLeaseCost
11600000
fix Variable Lease And Short Term Lease Cost
VariableLeaseAndShortTermLeaseCost
40700000
fix Variable Lease And Short Term Lease Cost
VariableLeaseAndShortTermLeaseCost
21800000
CY2024Q2 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.060
CY2023Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.058
CY2024Q2 us-gaap Operating Lease Expense
OperatingLeaseExpense
33300000
CY2023Q2 us-gaap Operating Lease Expense
OperatingLeaseExpense
18700000
us-gaap Operating Lease Expense
OperatingLeaseExpense
61500000
us-gaap Operating Lease Expense
OperatingLeaseExpense
36000000.0
us-gaap Lessee Operating Lease Existence Of Option To Extend
LesseeOperatingLeaseExistenceOfOptionToExtend
true
CY2023Q3 fix Number Of Off Site Construction Real Estate Leases Commenced
NumberOfOffSiteConstructionRealEstateLeasesCommenced
2
CY2024Q2 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P11Y3M18D
CY2023Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P10Y10M24D
CY2024Q2 us-gaap Payments For Rent
PaymentsForRent
2600000
CY2023Q2 us-gaap Payments For Rent
PaymentsForRent
1700000
us-gaap Payments For Rent
PaymentsForRent
4700000
us-gaap Payments For Rent
PaymentsForRent
3700000
CY2024Q2 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
226721000
CY2023Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
205712000
CY2024Q2 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
26573000
CY2023Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
24426000
CY2024Q2 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
208710000
CY2023Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
188136000
CY2024Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
235283000
CY2023Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
212562000
CY2024Q2 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
20095000
CY2024Q2 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
37975000
CY2024Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
34201000
CY2024Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
29730000
CY2024Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
25888000
CY2024Q2 fix Lessee Operating Lease Liability Payments Due After Year Four
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFour
187309000
CY2024Q2 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
335198000
CY2024Q2 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
99915000
CY2024Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
235283000
CY2024Q2 us-gaap Operating Lease Payments
OperatingLeasePayments
9850000
CY2023Q2 us-gaap Operating Lease Payments
OperatingLeasePayments
7045000
us-gaap Operating Lease Payments
OperatingLeasePayments
19316000
us-gaap Operating Lease Payments
OperatingLeasePayments
14069000
CY2024Q2 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
5906000
CY2023Q2 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
6304000
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
35332000
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
15750000
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
0
CY2023Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
0
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
0
CY2024Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
0
CY2024Q2 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
35691000
CY2023Q2 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
35770000
CY2024Q2 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
35691000
CY2023Q2 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
35770000
CY2024Q2 fix Effect Of Using Weighted Average Common Shares Outstanding
EffectOfUsingWeightedAverageCommonSharesOutstanding
55000
CY2023Q2 fix Effect Of Using Weighted Average Common Shares Outstanding
EffectOfUsingWeightedAverageCommonSharesOutstanding
52000
fix Effect Of Using Weighted Average Common Shares Outstanding
EffectOfUsingWeightedAverageCommonSharesOutstanding
51000
fix Effect Of Using Weighted Average Common Shares Outstanding
EffectOfUsingWeightedAverageCommonSharesOutstanding
47000
CY2024Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
35746000
CY2023Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
35822000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
35742000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
35817000
CY2024Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
30000
CY2023Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
26000
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
30000
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
26000
us-gaap Incremental Common Shares Attributable To Contingently Issuable Shares
IncrementalCommonSharesAttributableToContingentlyIssuableShares
56000
us-gaap Incremental Common Shares Attributable To Contingently Issuable Shares
IncrementalCommonSharesAttributableToContingentlyIssuableShares
64000
CY2024Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
35828000
CY2023Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
35906000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
35828000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
35907000
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2
CY2024Q2 us-gaap Revenues
Revenues
1810290000
CY2024Q2 us-gaap Gross Profit
GrossProfit
363596000
CY2023Q2 us-gaap Revenues
Revenues
1296430000
CY2023Q2 us-gaap Gross Profit
GrossProfit
227920000
us-gaap Revenues
Revenues
3347306000
us-gaap Gross Profit
GrossProfit
660959000
us-gaap Revenues
Revenues
2471070000
us-gaap Gross Profit
GrossProfit
433325000
CY2024Q2 ecd Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
false
CY2024Q2 ecd Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
false
CY2024Q2 ecd Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
false
CY2024Q2 ecd Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
false
us-gaap Incremental Common Shares Attributable To Contingently Issuable Shares
IncrementalCommonSharesAttributableToContingentlyIssuableShares
56000
us-gaap Incremental Common Shares Attributable To Contingently Issuable Shares
IncrementalCommonSharesAttributableToContingentlyIssuableShares
64000
CY2024Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
35828000
CY2023Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
35906000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
35828000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
35907000
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2
CY2024Q2 us-gaap Gross Profit
GrossProfit
363596000
CY2023Q2 us-gaap Revenues
Revenues
1296430000
CY2023Q2 us-gaap Gross Profit
GrossProfit
227920000
us-gaap Revenues
Revenues
3347306000
us-gaap Gross Profit
GrossProfit
660959000
us-gaap Revenues
Revenues
2471070000
us-gaap Gross Profit
GrossProfit
433325000
CY2024Q2 ecd Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
false
CY2024Q2 ecd Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
false
CY2024Q2 ecd Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
false
CY2024Q2 ecd Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
false

Files In Submission

Name View Source Status
0001558370-24-010178-index-headers.html Edgar Link pending
0001558370-24-010178-index.html Edgar Link pending
0001558370-24-010178.txt Edgar Link pending
0001558370-24-010178-xbrl.zip Edgar Link pending
Financial_Report.xlsx Edgar Link pending
fix-20240630.xsd Edgar Link pending
fix-20240630x10q.htm Edgar Link pending
fix-20240630xex31d1.htm Edgar Link pending
fix-20240630xex31d2.htm Edgar Link pending
fix-20240630xex32d1.htm Edgar Link pending
fix-20240630xex32d2.htm 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
FilingSummary.xml Edgar Link unprocessable
fix-20240630_cal.xml Edgar Link unprocessable
fix-20240630_def.xml Edgar Link unprocessable
fix-20240630_lab.xml Edgar Link unprocessable
fix-20240630x10q_htm.xml Edgar Link completed
fix-20240630_pre.xml Edgar Link unprocessable
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
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending