2023 Q3 Form 10-Q Financial Statement

#000158090523000035 Filed on August 02, 2023

View on sec.gov

Income Statement

Concept 2023 Q3 2023 Q2
Revenue $706.5M $692.1M
YoY Change -1.76% 2.27%
Cost Of Revenue $464.4M $459.6M
YoY Change -6.72% -0.09%
Gross Profit $242.1M $232.5M
YoY Change 9.41% 7.28%
Gross Profit Margin 34.27% 33.59%
Selling, General & Admin $128.8M $128.4M
YoY Change 11.0% 13.21%
% of Gross Profit 53.18% 55.23%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $24.30M $24.15M
YoY Change 115.48% 117.03%
% of Gross Profit 10.04% 10.39%
Operating Expenses $128.8M $139.6M
YoY Change 11.0% 23.14%
Operating Profit $102.3M $92.83M
YoY Change 8.94% 0.85%
Interest Expense $9.718M -$9.828M
YoY Change -8.91% -194.49%
% of Operating Profit 9.5% -10.59%
Other Income/Expense, Net $205.0K $186.0K
YoY Change -210.81% -150.54%
Pretax Income $92.80M $82.69M
YoY Change 11.72% 1.74%
Income Tax $24.80M $21.09M
% Of Pretax Income 26.73% 25.51%
Net Earnings $67.99M $61.60M
YoY Change 11.5% 2.83%
Net Earnings / Revenue 9.62% 8.9%
Basic Earnings Per Share $2.41 $2.19
Diluted Earnings Per Share $2.40 $2.18
COMMON SHARES
Basic Shares Outstanding 28.41M shares 28.40M shares
Diluted Shares Outstanding 28.32M shares 28.27M shares

Balance Sheet

Concept 2023 Q3 2023 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $339.8M $255.2M
YoY Change 48.78% 54.87%
Cash & Equivalents $339.8M $255.2M
Short-Term Investments
Other Short-Term Assets $39.20M $49.25M
YoY Change -45.4% 47.39%
Inventory $159.7M $163.4M
Prepaid Expenses
Receivables $427.1M $450.2M
Other Receivables $0.00 $0.00
Total Short-Term Assets $999.8M $918.1M
YoY Change 11.34% 12.41%
LONG-TERM ASSETS
Property, Plant & Equipment $211.8M $207.6M
YoY Change 12.84% 10.42%
Goodwill $395.2M $393.5M
YoY Change 10.82% 10.85%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $42.78M $37.36M
YoY Change -6.34% -34.0%
Total Long-Term Assets $921.1M $917.8M
YoY Change 6.39% 3.67%
TOTAL ASSETS
Total Short-Term Assets $999.8M $918.1M
Total Long-Term Assets $921.1M $917.8M
Total Assets $1.921B $1.836B
YoY Change 8.91% 7.86%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $143.6M $138.0M
YoY Change -8.05% -11.11%
Accrued Expenses $105.5M $96.51M
YoY Change 21.45% -7.83%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $31.80M $34.36M
YoY Change 4.29% 12.14%
Total Short-Term Liabilities $324.7M $314.5M
YoY Change -9.45% -13.33%
LONG-TERM LIABILITIES
Long-Term Debt $833.5M $838.3M
YoY Change 0.67% 1.16%
Other Long-Term Liabilities $47.81M $94.55M
YoY Change -0.09% 123.15%
Total Long-Term Liabilities $881.3M $932.8M
YoY Change 0.63% 7.1%
TOTAL LIABILITIES
Total Short-Term Liabilities $324.7M $314.5M
Total Long-Term Liabilities $881.3M $932.8M
Total Liabilities $1.293B $1.275B
YoY Change -1.04% -2.01%
SHAREHOLDERS EQUITY
Retained Earnings $638.3M $579.7M
YoY Change 40.82% 44.44%
Common Stock $239.9M $236.5M
YoY Change 6.28% 6.22%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $628.2M $560.7M
YoY Change
Total Liabilities & Shareholders Equity $1.921B $1.836B
YoY Change 8.91% 7.86%

Cashflow Statement

Concept 2023 Q3 2023 Q2
OPERATING ACTIVITIES
Net Income $67.99M $61.60M
YoY Change 11.5% 2.83%
Depreciation, Depletion And Amortization $24.30M $24.15M
YoY Change 115.48% 117.03%
Cash From Operating Activities $112.4M $64.26M
YoY Change 13.3% 25.42%
INVESTING ACTIVITIES
Capital Expenditures $18.60M $13.38M
YoY Change -273.83% -194.57%
Acquisitions
YoY Change
Other Investing Activities $200.0K $1.475M
YoY Change -99.71% -101.28%
Cash From Investing Activities -$18.40M -$11.91M
YoY Change -131.74% -90.78%
FINANCING ACTIVITIES
Cash Dividend Paid $9.300M $9.300M
YoY Change 3.97% 3.54%
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -9.500M -15.82M
YoY Change -59.94% -77.25%
NET CHANGE
Cash From Operating Activities 112.4M 64.26M
Cash From Investing Activities -18.40M -11.91M
Cash From Financing Activities -9.500M -15.82M
Net Change In Cash 84.50M 36.54M
YoY Change -36.69% -124.77%
FREE CASH FLOW
Cash From Operating Activities $112.4M $64.26M
Capital Expenditures $18.60M $13.38M
Free Cash Flow $93.80M $50.88M
YoY Change -14.66% -22.19%

Facts In Submission

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CY2023Q2 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
528020000 usd
CY2023Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
248594000 usd
CY2023Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
279426000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
509376000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
225903000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
283473000 usd
us-gaap Finite Lived Intangible Assets Period Increase Decrease
FiniteLivedIntangibleAssetsPeriodIncreaseDecrease
18600000 usd
CY2023Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
21644000 usd
CY2023Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
39938000 usd
CY2023Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
34396000 usd
CY2023Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
30445000 usd
CY2023Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
26160000 usd
CY2023Q2 ibp Finite Lived Intangible Assets Amortization Expense After Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFour
126843000 usd
CY2022Q4 us-gaap Long Term Debt
LongTermDebt
861154000 usd
CY2022Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
30983000 usd
CY2022Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
830171000 usd
CY2023Q2 us-gaap Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year
LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear
16128000 usd
CY2023Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
28825000 usd
CY2023Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
23134000 usd
CY2023Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
18323000 usd
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LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
13220000 usd
CY2023Q2 ibp Long Term Debt Maturity After Year Four
LongTermDebtMaturityAfterYearFour
771332000 usd
CY2023Q2 us-gaap Operating Lease Payments
OperatingLeasePayments
7865000 usd
CY2022Q2 us-gaap Operating Lease Payments
OperatingLeasePayments
6803000 usd
us-gaap Operating Lease Payments
OperatingLeasePayments
15556000 usd
us-gaap Operating Lease Payments
OperatingLeasePayments
13266000 usd
CY2023Q2 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
146000 usd
CY2022Q2 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
68000 usd
us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
277000 usd
CY2023Q2 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
76582000 usd
CY2022Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
76174000 usd
CY2023Q2 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
9676000 usd
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FinanceLeaseRightOfUseAsset
8928000 usd
CY2023Q2 ibp Lease Assets
LeaseAssets
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CY2022Q4 ibp Lease Assets
LeaseAssets
85102000 usd
CY2023Q2 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
26389000 usd
CY2022Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
26145000 usd
CY2023Q2 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
2702000 usd
CY2022Q4 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
2508000 usd
CY2023Q2 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
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OperatingLeaseLiabilityNoncurrent
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CY2023Q2 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
6996000 usd
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FinanceLeaseLiabilityNoncurrent
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CY2023Q2 ibp Lease Liabilities
LeaseLiabilities
86062000 usd
CY2022Q4 ibp Lease Liabilities
LeaseLiabilities
84839000 usd
CY2023Q2 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P3Y9M18D
CY2022Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
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P4Y
CY2023Q2 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P3Y9M18D
CY2022Q4 us-gaap Finance Lease Weighted Average Remaining Lease Term1
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P3Y7M6D
CY2023Q2 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0486
CY2022Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0441
CY2023Q2 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.0671
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FinanceLeaseWeightedAverageDiscountRatePercent
0.0576
CY2023Q2 us-gaap Operating Lease Cost
OperatingLeaseCost
9387000 usd
CY2022Q2 us-gaap Operating Lease Cost
OperatingLeaseCost
8180000 usd
us-gaap Operating Lease Cost
OperatingLeaseCost
18590000 usd
us-gaap Operating Lease Cost
OperatingLeaseCost
15939000 usd
CY2023Q2 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
895000 usd
CY2022Q2 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
855000 usd
us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
1872000 usd
us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
1571000 usd
CY2023Q2 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
146000 usd
CY2022Q2 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
68000 usd
us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
277000 usd
us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
129000 usd
CY2023Q2 us-gaap Lease Cost
LeaseCost
10428000 usd
CY2022Q2 us-gaap Lease Cost
LeaseCost
9103000 usd
us-gaap Lease Cost
LeaseCost
20739000 usd
us-gaap Lease Cost
LeaseCost
17639000 usd
us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
129000 usd
CY2023Q2 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
722000 usd
CY2022Q2 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
564000 usd
us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
1449000 usd
us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
1085000 usd
CY2023Q2 us-gaap Finance Lease Liability Payments Remainder Of Fiscal Year
FinanceLeaseLiabilityPaymentsRemainderOfFiscalYear
1704000 usd
CY2023Q2 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
15566000 usd
CY2023Q2 us-gaap Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
2992000 usd
CY2023Q2 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
25682000 usd
CY2023Q2 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
2621000 usd
CY2023Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
18484000 usd
CY2023Q2 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
2290000 usd
CY2023Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
11719000 usd
CY2023Q2 us-gaap Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
1319000 usd
CY2023Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
6260000 usd
CY2023Q2 ibp Finance Lease Liability To Be Paid After Year Four
FinanceLeaseLiabilityToBePaidAfterYearFour
130000 usd
CY2023Q2 ibp Lessee Operating Lease Liability To Be Paid After Year Four
LesseeOperatingLeaseLiabilityToBePaidAfterYearFour
6226000 usd
CY2023Q2 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
11056000 usd
CY2023Q2 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
83937000 usd
CY2023Q2 ibp Finance Lease Executory Costs
FinanceLeaseExecutoryCosts
2000 usd
CY2023Q2 ibp Operating Lease Executory Cost
OperatingLeaseExecutoryCost
0 usd
CY2023Q2 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
1356000 usd
CY2023Q2 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
7573000 usd
CY2023Q2 us-gaap Finance Lease Liability
FinanceLeaseLiability
9698000 usd
CY2023Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
76364000 usd
CY2023Q2 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
2702000 usd
CY2023Q2 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
26389000 usd
CY2023Q2 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
6996000 usd
CY2023Q2 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
49975000 usd
CY2023Q2 us-gaap Cash And Cash Equivalents Fair Value Disclosure
CashAndCashEquivalentsFairValueDisclosure
217141000 usd
CY2022Q4 us-gaap Cash And Cash Equivalents Fair Value Disclosure
CashAndCashEquivalentsFairValueDisclosure
191881000 usd
CY2023Q2 us-gaap Derivative Assets
DerivativeAssets
35222000 usd
CY2022Q4 us-gaap Derivative Assets
DerivativeAssets
38671000 usd
CY2023Q2 us-gaap Assets Fair Value Disclosure
AssetsFairValueDisclosure
252363000 usd
CY2022Q4 us-gaap Assets Fair Value Disclosure
AssetsFairValueDisclosure
230552000 usd
CY2023Q2 us-gaap Business Combination Contingent Consideration Liability
BusinessCombinationContingentConsiderationLiability
980000 usd
CY2022Q4 us-gaap Business Combination Contingent Consideration Liability
BusinessCombinationContingentConsiderationLiability
1858000 usd
CY2022Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
1858000 usd
ibp Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Accretion Expense
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityAccretionExpense
122000 usd
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Settlements
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements
1000000 usd
CY2023Q2 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
980000 usd
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
3 segment
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
1 segment
CY2023Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
692100000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1351409000 usd
CY2023Q2 us-gaap Cost Of Goods And Service Excluding Depreciation Depletion And Amortization
CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization
447449000 usd
us-gaap Cost Of Goods And Service Excluding Depreciation Depletion And Amortization
CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization
884526000 usd
CY2023Q2 ibp Adjusted Gross Profit Percentage
AdjustedGrossProfitPercentage
0.353
ibp Adjusted Gross Profit Percentage
AdjustedGrossProfitPercentage
0.345
CY2022Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
676749000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1264241000 usd
CY2022Q2 us-gaap Cost Of Goods And Service Excluding Depreciation Depletion And Amortization
CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization
448914000 usd
us-gaap Cost Of Goods And Service Excluding Depreciation Depletion And Amortization
CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization
853370000 usd
CY2022Q2 ibp Adjusted Gross Profit Percentage
AdjustedGrossProfitPercentage
0.337
ibp Adjusted Gross Profit Percentage
AdjustedGrossProfitPercentage
0.325
CY2023Q2 ibp Health Insurance Expense
HealthInsuranceExpense
8600000 usd
CY2020Q3 ibp Number Of Swaps
NumberOfSwaps
2 swap
us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
554000 shares
us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
49800000 usd
us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
89940
us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
1100000 shares
us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
99700000 usd
us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
93.59
CY2022Q1 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
200000000 usd
CY2022Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.315
CY2022Q2 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
9054000 usd
CY2022Q2 us-gaap Payments Of Dividends
PaymentsOfDividends
8982000 usd
us-gaap Dividends
Dividends
600000 usd
us-gaap Dividends
Dividends
500000 usd
CY2022Q2 ibp Health Insurance Expense
HealthInsuranceExpense
7300000 usd
ibp Health Insurance Expense
HealthInsuranceExpense
16100000 usd
ibp Health Insurance Expense
HealthInsuranceExpense
16200000 usd
CY2023Q2 us-gaap Workers Compensation Liability Current
WorkersCompensationLiabilityCurrent
9796000 usd
CY2022Q4 us-gaap Workers Compensation Liability Current
WorkersCompensationLiabilityCurrent
9946000 usd
CY2023Q2 us-gaap Workers Compensation Liability Noncurrent
WorkersCompensationLiabilityNoncurrent
15312000 usd
CY2022Q4 us-gaap Workers Compensation Liability Noncurrent
WorkersCompensationLiabilityNoncurrent
13730000 usd
CY2023Q2 us-gaap Workers Compensation Liability Current And Noncurrent
WorkersCompensationLiabilityCurrentAndNoncurrent
25108000 usd
CY2022Q4 us-gaap Workers Compensation Liability Current And Noncurrent
WorkersCompensationLiabilityCurrentAndNoncurrent
23676000 usd
CY2023Q2 us-gaap Insurance Settlements Receivable Noncurrent
InsuranceSettlementsReceivableNoncurrent
2724000 usd
CY2022Q4 us-gaap Insurance Settlements Receivable Noncurrent
InsuranceSettlementsReceivableNoncurrent
2318000 usd
CY2023Q2 us-gaap Defined Contribution Plan Administrative Expenses
DefinedContributionPlanAdministrativeExpenses
900000 usd
CY2022Q2 us-gaap Defined Contribution Plan Administrative Expenses
DefinedContributionPlanAdministrativeExpenses
800000 usd
us-gaap Defined Contribution Plan Administrative Expenses
DefinedContributionPlanAdministrativeExpenses
1800000 usd
us-gaap Defined Contribution Plan Administrative Expenses
DefinedContributionPlanAdministrativeExpenses
1600000 usd
CY2023Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
3685000 usd
CY2022Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
3660000 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
7121000 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
7078000 usd
CY2023Q2 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
21940000 usd
us-gaap Shares Paid For Tax Withholding For Share Based Compensation
SharesPaidForTaxWithholdingForShareBasedCompensation
48000 shares
CY2023Q2 ibp Unrecorded Unconditional Purchase Obligation Pounds Purchased
UnrecordedUnconditionalPurchaseObligationPoundsPurchased
2700000 usd
us-gaap Number Of Businesses Acquired
NumberOfBusinessesAcquired
4 acquistion
CY2023Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.255
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.261
CY2022Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.263
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.265
CY2023Q2 us-gaap Accrued Insurance Current
AccruedInsuranceCurrent
8388000 usd
CY2022Q4 us-gaap Accrued Insurance Current
AccruedInsuranceCurrent
7479000 usd
CY2023Q2 us-gaap Accrued Insurance Noncurrent
AccruedInsuranceNoncurrent
16561000 usd
CY2022Q4 us-gaap Accrued Insurance Noncurrent
AccruedInsuranceNoncurrent
17528000 usd
CY2023Q2 us-gaap Accrued Insurance Current And Noncurrent
AccruedInsuranceCurrentAndNoncurrent
24949000 usd
CY2022Q4 us-gaap Accrued Insurance Current And Noncurrent
AccruedInsuranceCurrentAndNoncurrent
25007000 usd
CY2023Q2 ibp Purchase Obligation Pounds To Be Purchased Remainder Of Fiscal Year
PurchaseObligationPoundsToBePurchasedRemainderOfFiscalYear
12000000 aluminumpound
CY2023Q2 ibp Purchase Obligation Pounds To Be Purchased Year One
PurchaseObligationPoundsToBePurchasedYearOne
14400000 aluminumpound
CY2023Q2 ibp Purchase Obligation Pounds To Be Purchased Year Two
PurchaseObligationPoundsToBePurchasedYearTwo
17300000 aluminumpound
us-gaap Number Of Businesses Acquired
NumberOfBusinessesAcquired
3 acquistion
us-gaap Payments To Acquire Businesses Gross
PaymentsToAcquireBusinessesGross
40192000 usd
ibp Seller Obligations In Connection With Acquisition Of Business
SellerObligationsInConnectionWithAcquisitionOfBusiness
2795000 usd
us-gaap Business Combination Consideration Transferred1
BusinessCombinationConsiderationTransferred1
42987000 usd
CY2023Q2 us-gaap Business Combination Pro Forma Information Revenue Of Acquiree Since Acquisition Date Actual
BusinessCombinationProFormaInformationRevenueOfAcquireeSinceAcquisitionDateActual
10760000 usd
CY2023Q2 us-gaap Business Combination Pro Forma Information Earnings Or Loss Of Acquiree Since Acquisition Date Actual
BusinessCombinationProFormaInformationEarningsOrLossOfAcquireeSinceAcquisitionDateActual
418000 usd
us-gaap Business Combination Pro Forma Information Revenue Of Acquiree Since Acquisition Date Actual
BusinessCombinationProFormaInformationRevenueOfAcquireeSinceAcquisitionDateActual
13397000 usd
us-gaap Business Combination Pro Forma Information Earnings Or Loss Of Acquiree Since Acquisition Date Actual
BusinessCombinationProFormaInformationEarningsOrLossOfAcquireeSinceAcquisitionDateActual
484000 usd
CY2023Q2 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
-500000 usd
CY2022Q2 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
-700000 usd
us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
-1100000 usd
us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
-1400000 usd
CY2023Q2 us-gaap Business Acquisition Purchase Price Allocation Goodwill Expected Tax Deductible Amount
BusinessAcquisitionPurchasePriceAllocationGoodwillExpectedTaxDeductibleAmount
13700000 usd
CY2023Q2 us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
692945000 usd
CY2022Q2 us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
703838000 usd
us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
1362405000 usd
us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
1328813000 usd
CY2023Q2 us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
61616000 usd
CY2022Q2 us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
61411000 usd
us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
111276000 usd
us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
96392000 usd
CY2023Q2 us-gaap Business Acquisition Pro Forma Earnings Per Share Basic
BusinessAcquisitionProFormaEarningsPerShareBasic
2.19
CY2022Q2 us-gaap Business Acquisition Pro Forma Earnings Per Share Basic
BusinessAcquisitionProFormaEarningsPerShareBasic
2.13
us-gaap Business Acquisition Pro Forma Earnings Per Share Basic
BusinessAcquisitionProFormaEarningsPerShareBasic
3.96
us-gaap Business Acquisition Pro Forma Earnings Per Share Basic
BusinessAcquisitionProFormaEarningsPerShareBasic
3.32
CY2023Q2 us-gaap Business Acquisition Pro Forma Earnings Per Share Diluted
BusinessAcquisitionProFormaEarningsPerShareDiluted
2.18
CY2022Q2 us-gaap Business Acquisition Pro Forma Earnings Per Share Diluted
BusinessAcquisitionProFormaEarningsPerShareDiluted
2.13
us-gaap Business Acquisition Pro Forma Earnings Per Share Diluted
BusinessAcquisitionProFormaEarningsPerShareDiluted
3.94
us-gaap Business Acquisition Pro Forma Earnings Per Share Diluted
BusinessAcquisitionProFormaEarningsPerShareDiluted
3.30
CY2023Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
99000 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
151000 shares
CY2022Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
112000 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
195000 shares
CY2023Q2 ecd Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
false
CY2023Q2 ecd Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
false
CY2023Q2 ecd Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
false
CY2023Q2 ecd Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
false

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