$IBP
Installed Building Products, Inc. Stock $ibp

$ibp Overview Financials Valuation SEC Filings Company Website

2024 Q2 Form 10-Q Financial Statement

#000158090524000021 Filed on May 09, 2024

Income Statement

Concept	2024 Q2	2024 Q1	2023 Q1
Revenue	$737.6M	$692.9M	$659.3M
YoY Change	6.57%	5.09%	12.22%
Cost Of Revenue	$486.2M	$458.4M	$448.9M
YoY Change	5.78%	2.12%	8.14%
Gross Profit	$251.4M	$234.5M	$210.4M
YoY Change	8.14%	11.44%	22.05%
Gross Profit Margin	34.08%	33.84%	31.92%
Selling, General & Admin	$141.2M	$135.9M	$122.1M
YoY Change	9.98%	11.29%	17.04%
% of Gross Profit	56.17%	57.95%	58.03%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$13.40M	$12.90M	$23.96M
YoY Change	-44.51%	-46.16%	125.34%
% of Gross Profit	5.33%	5.5%	11.39%
Operating Expenses	$156.6M	$146.6M	$122.1M
YoY Change	12.14%	20.05%	17.04%
Operating Profit	$94.80M	$87.90M	$76.88M
YoY Change	2.12%	14.34%	34.94%
Interest Expense	$8.200M	$11.90M	$9.670M
YoY Change	-183.44%	23.06%	-8.77%
% of Operating Profit	8.65%	13.54%	12.58%
Other Income/Expense, Net	$100.0K	$400.0K	$153.0K
YoY Change	-46.24%	161.44%	-205.52%
Pretax Income	$86.70M	$76.40M	$67.36M
YoY Change	4.85%	13.42%	45.72%
Income Tax	$21.50M	$20.50M	$18.09M
% Of Pretax Income	24.8%	26.83%	26.85%
Net Earnings	$65.20M	$55.90M	$49.27M
YoY Change	5.85%	13.45%	45.69%
Net Earnings / Revenue	8.84%	8.07%	7.47%
Basic Earnings Per Share	$2.32	$1.98	$1.76
Diluted Earnings Per Share	$2.30	$1.97	$1.74
COMMON SHARES
Basic Shares Outstanding	28.45M shares	28.37M shares	28.31M shares
Diluted Shares Outstanding	28.32M shares	28.39M shares	28.28M shares

Balance Sheet

Concept	2024 Q2	2024 Q1	2023 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments	$380.3M	$399.9M	$218.7M
YoY Change	49.01%	82.86%	-18.22%
Cash & Equivalents	$380.3M	$399.9M	$218.7M
Short-Term Investments
Other Short-Term Assets	$91.90M	$47.40M	$40.17M
YoY Change	86.6%	18.0%	38.3%
Inventory	$175.6M	$171.1M	$170.1M
Prepaid Expenses
Receivables	$439.6M	$425.5M	$397.6M
Other Receivables	$0.00	$0.00	$0.00
Total Short-Term Assets	$1.087B	$1.079B	$862.6M
YoY Change	18.44%	25.11%	2.42%
LONG-TERM ASSETS
Property, Plant & Equipment	$240.9M	$225.6M	$201.0M
YoY Change	16.06%	12.25%	13.65%
Goodwill	$406.1M	$400.4M	$392.6M
YoY Change	3.2%	1.98%	20.68%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$34.20M	$37.50M	$33.76M
YoY Change	-8.45%	11.09%	-32.98%
Total Long-Term Assets	$937.8M	$924.0M	$917.0M
YoY Change	2.17%	0.77%	13.13%
TOTAL ASSETS
Total Short-Term Assets	$1.087B	$1.079B	$862.6M
Total Long-Term Assets	$937.8M	$924.0M	$917.0M
Total Assets	$2.025B	$2.003B	$1.780B
YoY Change	10.31%	12.57%	7.67%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$157.5M	$156.8M	$134.8M
YoY Change	14.11%	16.29%	-10.49%
Accrued Expenses	$87.20M	$92.60M	$87.56M
YoY Change	-9.64%	5.76%	-5.93%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due	$31.80M	$31.60M	$31.17M
YoY Change	-7.46%	1.4%	1.62%
Total Short-Term Liabilities	$352.6M	$339.7M	$316.3M
YoY Change	12.1%	7.39%	-3.42%
LONG-TERM LIABILITIES
Long-Term Debt	$844.0M	$843.4M	$830.2M
YoY Change	0.68%	1.59%	0.07%
Other Long-Term Liabilities	$55.40M	$56.80M	$46.89M
YoY Change	-41.41%	21.14%	2.45%
Total Long-Term Liabilities	$899.4M	$900.2M	$877.1M
YoY Change	-3.58%	2.63%	0.2%
TOTAL LIABILITIES
Total Short-Term Liabilities	$352.6M	$339.7M	$316.3M
Total Long-Term Liabilities	$899.4M	$900.2M	$877.1M
Total Liabilities	$1.340B	$1.324B	$1.274B
YoY Change	5.07%	3.9%	0.94%
SHAREHOLDERS EQUITY
Retained Earnings	$749.6M	$694.2M	$527.5M
YoY Change	29.31%	31.61%	50.5%
Common Stock	$252.9M	$249.0M	$232.8M
YoY Change	6.95%	6.94%	6.33%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$685.3M	$679.2M	$505.2M
YoY Change
Total Liabilities & Shareholders Equity	$2.025B	$2.003B	$1.780B
YoY Change	10.31%	12.57%	7.67%

Cashflow Statement

Concept	2024 Q2	2024 Q1	2023 Q1
OPERATING ACTIVITIES
Net Income	$65.20M	$55.90M	$49.27M
YoY Change	5.85%	13.45%	45.69%
Depreciation, Depletion And Amortization	$13.40M	$12.90M	$23.96M
YoY Change	-44.51%	-46.16%	125.34%
Cash From Operating Activities	$79.00M	$84.80M	$73.83M
YoY Change	22.94%	14.85%	53.1%
INVESTING ACTIVITIES
Capital Expenditures	$20.80M	$21.80M	$14.95M
YoY Change	55.44%	45.83%	44.27%
Acquisitions		$4.100M	$38.01M
YoY Change		-89.21%	372.15%
Other Investing Activities	-$13.30M	$400.0K	-$4.602M
YoY Change	-1001.69%	-108.69%	-849.51%
Cash From Investing Activities	-$34.10M	-$21.10M	-$47.61M
YoY Change	186.41%	-55.69%	-30.71%
FINANCING ACTIVITIES
Cash Dividend Paid	$9.800M	$54.90M	$34.54M
YoY Change	5.38%	58.96%	276.05%
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-64.50M	-$50.30M	-$37.16M
YoY Change	307.76%	35.38%	-61.12%
NET CHANGE
Cash From Operating Activities	79.00M	$84.80M	$73.83M
Cash From Investing Activities	-34.10M	-$21.10M	-$47.61M
Cash From Financing Activities	-64.50M	-$50.30M	-$37.16M
Net Change In Cash	-19.60M	$13.40M	-$10.94M
YoY Change	-153.65%	-222.52%	-90.58%
FREE CASH FLOW
Cash From Operating Activities	$79.00M	$84.80M	$73.83M
Capital Expenditures	$20.80M	$21.80M	$14.95M
Free Cash Flow	$58.20M	$63.00M	$58.88M
YoY Change	14.39%	6.99%	55.52%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2023Q4	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
CY2024Q1	us-gaap	Common Stock Value CommonStockValue	300000	usd
CY2023Q4	us-gaap	Common Stock Value CommonStockValue	300000	usd
CY2024Q1	us-gaap	Net Income Loss NetIncomeLoss	55900000	usd
CY2024Q1	us-gaap	Finance Lease Right Of Use Asset Statement Of Financial Position Extensible List FinanceLeaseRightOfUseAssetStatementOfFinancialPositionExtensibleList	http://fasb.org/us-gaap/2023#PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
CY2023Q4	us-gaap	Finance Lease Right Of Use Asset Statement Of Financial Position Extensible List FinanceLeaseRightOfUseAssetStatementOfFinancialPositionExtensibleList	http://fasb.org/us-gaap/2023#PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
CY2024Q1	us-gaap	Oci Cash Flow Hedge Reclassification For Discontinuance Statement Of Income Or Comprehensive Income Extensible Enumeration OciCashFlowHedgeReclassificationForDiscontinuanceStatementOfIncomeOrComprehensiveIncomeExtensibleEnumeration	http://fasb.org/us-gaap/2023#InterestExpense
CY2024Q1	us-gaap	Oci Cash Flow Hedge Reclassification For Discontinuance Statement Of Income Or Comprehensive Income Extensible Enumeration OciCashFlowHedgeReclassificationForDiscontinuanceStatementOfIncomeOrComprehensiveIncomeExtensibleEnumeration	http://fasb.org/us-gaap/2023#InterestExpense
CY2023Q1	us-gaap	Oci Cash Flow Hedge Reclassification For Discontinuance Statement Of Income Or Comprehensive Income Extensible Enumeration OciCashFlowHedgeReclassificationForDiscontinuanceStatementOfIncomeOrComprehensiveIncomeExtensibleEnumeration	http://fasb.org/us-gaap/2023#InterestExpense
CY2023Q1	us-gaap	Oci Cash Flow Hedge Reclassification For Discontinuance Statement Of Income Or Comprehensive Income Extensible Enumeration OciCashFlowHedgeReclassificationForDiscontinuanceStatementOfIncomeOrComprehensiveIncomeExtensibleEnumeration	http://fasb.org/us-gaap/2023#InterestExpense
CY2024Q1	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2024Q1	us-gaap	Cost Of Goods And Services Sold CostOfGoodsAndServicesSold	458400000	usd
CY2023Q1	us-gaap	Cost Of Goods And Services Sold CostOfGoodsAndServicesSold	448900000	usd
CY2024Q1	us-gaap	Gross Profit GrossProfit	234500000	usd
CY2023Q1	us-gaap	Gross Profit GrossProfit	210400000	usd
CY2024Q1	us-gaap	Selling Expense SellingExpense	33300000	usd
CY2023Q1	us-gaap	Selling Expense SellingExpense	32600000	usd
CY2024Q1	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	102600000	usd
CY2023Q1	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	89500000	usd
CY2024Q1	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	10700000	usd
CY2023Q1	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	11400000	usd
CY2024Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	87900000	usd
CY2023Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	76900000	usd
CY2024Q1	us-gaap	Interest Expense InterestExpense	11900000	usd
CY2023Q1	us-gaap	Interest Expense InterestExpense	9700000	usd
CY2024Q1	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	400000	usd
CY2023Q1	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	200000	usd
CY2024Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	76400000	usd
CY2023Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	67400000	usd
CY2024Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	20500000	usd
CY2023Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	18100000	usd
CY2024Q1	us-gaap	Net Income Loss NetIncomeLoss	55900000	usd
CY2023Q1	us-gaap	Net Income Loss NetIncomeLoss	49300000	usd
CY2024Q1	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax	1700000	usd
CY2023Q1	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax	-2300000	usd
CY2024Q1	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax	4700000	usd
CY2023Q1	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax	-6300000	usd
CY2024Q1	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	60600000	usd
CY2023Q1	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	43000000.0	usd
CY2024Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	1.98
CY2023Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	1.76
CY2024Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	1.97
CY2023Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	1.74
CY2024Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	28171444	shares
CY2023Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	28075678	shares
CY2024Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	28385001	shares
CY2023Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	28278220	shares
CY2024Q1	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	1.95
CY2023Q1	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	1.23
CY2022Q4	us-gaap	Stockholders Equity StockholdersEquity	493500000	usd
CY2023Q1	us-gaap	Stock Issued During Period Value Share Based Compensation Forfeited StockIssuedDuringPeriodValueShareBasedCompensationForfeited	0	usd
CY2023Q1	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	3500000	usd
CY2023Q1	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	100000	usd
CY2023Q1	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	1.23
CY2023Q1	us-gaap	Dividends Common Stock Cash DividendsCommonStockCash	34900000	usd
CY2023Q1	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax	-6300000	usd
CY2023Q1	us-gaap	Stockholders Equity StockholdersEquity	505200000	usd
CY2023Q4	us-gaap	Stockholders Equity StockholdersEquity	670300000	usd
CY2024Q1	us-gaap	Stock Issued During Period Value Share Based Compensation Forfeited StockIssuedDuringPeriodValueShareBasedCompensationForfeited	200000	usd
CY2024Q1	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	3800000	usd
CY2024Q1	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	200000	usd
CY2024Q1	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	1.95
CY2024Q1	us-gaap	Dividends Common Stock Cash DividendsCommonStockCash	55500000	usd
CY2024Q1	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax	4700000	usd
CY2024Q1	us-gaap	Stockholders Equity StockholdersEquity	679200000	usd
CY2024Q1	us-gaap	Profit Loss ProfitLoss	55900000	usd
CY2023Q1	us-gaap	Profit Loss ProfitLoss	49300000	usd
CY2024Q1	us-gaap	Depreciation And Amortization DepreciationAndAmortization	13800000	usd
CY2023Q1	us-gaap	Depreciation And Amortization DepreciationAndAmortization	12500000	usd
CY2024Q1	us-gaap	Operating Lease Right Of Use Asset Amortization Expense OperatingLeaseRightOfUseAssetAmortizationExpense	7600000	usd
CY2023Q1	us-gaap	Operating Lease Right Of Use Asset Amortization Expense OperatingLeaseRightOfUseAssetAmortizationExpense	7300000	usd
CY2024Q1	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	10700000	usd
CY2023Q1	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	11400000	usd
CY2024Q1	us-gaap	Amortization Of Financing Costs And Discounts AmortizationOfFinancingCostsAndDiscounts	400000	usd
CY2023Q1	us-gaap	Amortization Of Financing Costs And Discounts AmortizationOfFinancingCostsAndDiscounts	500000	usd
CY2024Q1	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	1400000	usd
CY2023Q1	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	1700000	usd
CY2024Q1	us-gaap	Write Off Of Deferred Debt Issuance Cost WriteOffOfDeferredDebtIssuanceCost	1100000	usd
CY2023Q1	us-gaap	Write Off Of Deferred Debt Issuance Cost WriteOffOfDeferredDebtIssuanceCost	0	usd
CY2024Q1	us-gaap	Gain Loss On Disposition Of Assets GainLossOnDispositionOfAssets	400000	usd
CY2023Q1	us-gaap	Gain Loss On Disposition Of Assets GainLossOnDispositionOfAssets	600000	usd
CY2024Q1	us-gaap	Share Based Compensation ShareBasedCompensation	4000000.0	usd
CY2023Q1	us-gaap	Share Based Compensation ShareBasedCompensation	3400000	usd
CY2024Q1	us-gaap	Other Noncash Income Expense OtherNoncashIncomeExpense	3400000	usd
CY2023Q1	us-gaap	Other Noncash Income Expense OtherNoncashIncomeExpense	2500000	usd
CY2024Q1	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	3600000	usd
CY2023Q1	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	-1700000	usd
CY2024Q1	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	8000000.0	usd
CY2023Q1	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	-7700000	usd
CY2024Q1	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	-4000000.0	usd
CY2023Q1	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	-4400000	usd
CY2024Q1	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	-1400000	usd
CY2023Q1	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	-16900000	usd
CY2024Q1	us-gaap	Increase Decrease In Income Taxes IncreaseDecreaseInIncomeTaxes	19700000	usd
CY2023Q1	us-gaap	Increase Decrease In Income Taxes IncreaseDecreaseInIncomeTaxes	16500000	usd
CY2024Q1	us-gaap	Increase Decrease In Other Operating Liabilities IncreaseDecreaseInOtherOperatingLiabilities	-17000000.0	usd
CY2023Q1	us-gaap	Increase Decrease In Other Operating Liabilities IncreaseDecreaseInOtherOperatingLiabilities	-22600000	usd
CY2024Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	84800000	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	73800000	usd
CY2024Q1	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	21800000	usd
CY2023Q1	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	14900000	usd
CY2024Q1	us-gaap	Cash Acquired From Acquisition CashAcquiredFromAcquisition	0	usd
CY2023Q1	us-gaap	Cash Acquired From Acquisition CashAcquiredFromAcquisition	0	usd
CY2024Q1	us-gaap	Payments To Acquire Businesses Net Of Cash Acquired PaymentsToAcquireBusinessesNetOfCashAcquired	4100000	usd
CY2023Q1	us-gaap	Payments To Acquire Businesses Net Of Cash Acquired PaymentsToAcquireBusinessesNetOfCashAcquired	38000000.0	usd
CY2024Q1	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	700000	usd
CY2023Q1	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	700000	usd
CY2024Q1	ibp	Proceeds From Interest Settlements ProceedsFromInterestSettlements	4500000	usd
CY2023Q1	ibp	Proceeds From Interest Settlements ProceedsFromInterestSettlements	3600000	usd
CY2024Q1	us-gaap	Payments For Proceeds From Other Investing Activities PaymentsForProceedsFromOtherInvestingActivities	400000	usd
CY2023Q1	us-gaap	Payments For Proceeds From Other Investing Activities PaymentsForProceedsFromOtherInvestingActivities	-1000000.0	usd
CY2024Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-21100000	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-47600000	usd
CY2024Q1	us-gaap	Proceeds From Issuance Of Medium Term Notes ProceedsFromIssuanceOfMediumTermNotes	142900000	usd
CY2023Q1	us-gaap	Proceeds From Issuance Of Medium Term Notes ProceedsFromIssuanceOfMediumTermNotes	0	usd
CY2024Q1	us-gaap	Repayments Of Medium Term Notes RepaymentsOfMediumTermNotes	133000000.0	usd
CY2023Q1	us-gaap	Repayments Of Medium Term Notes RepaymentsOfMediumTermNotes	1300000	usd
CY2024Q1	us-gaap	Proceeds From Notes Payable ProceedsFromNotesPayable	5200000	usd
CY2023Q1	us-gaap	Proceeds From Notes Payable ProceedsFromNotesPayable	8100000	usd
CY2024Q1	us-gaap	Payments Of Debt Issuance Costs PaymentsOfDebtIssuanceCosts	1500000	usd
CY2023Q1	us-gaap	Payments Of Debt Issuance Costs PaymentsOfDebtIssuanceCosts	0	usd
CY2024Q1	us-gaap	Repayments Of Other Long Term Debt RepaymentsOfOtherLongTermDebt	7500000	usd
CY2023Q1	us-gaap	Repayments Of Other Long Term Debt RepaymentsOfOtherLongTermDebt	7000000.0	usd
CY2024Q1	us-gaap	Finance Lease Principal Payments FinanceLeasePrincipalPayments	800000	usd
CY2023Q1	us-gaap	Finance Lease Principal Payments FinanceLeasePrincipalPayments	700000	usd
CY2024Q1	us-gaap	Payments Of Dividends PaymentsOfDividends	54900000	usd
CY2023Q1	us-gaap	Payments Of Dividends PaymentsOfDividends	34500000	usd
CY2024Q1	us-gaap	Payments Of Merger Related Costs Financing Activities PaymentsOfMergerRelatedCostsFinancingActivities	500000	usd
CY2023Q1	us-gaap	Payments Of Merger Related Costs Financing Activities PaymentsOfMergerRelatedCostsFinancingActivities	1700000	usd
CY2024Q1	us-gaap	Payments For Repurchase Of Other Equity PaymentsForRepurchaseOfOtherEquity	200000	usd
CY2023Q1	us-gaap	Payments For Repurchase Of Other Equity PaymentsForRepurchaseOfOtherEquity	0	usd
CY2024Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-50300000	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-37100000	usd
CY2024Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	13400000	usd
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-10900000	usd
CY2023Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	386500000	usd
CY2022Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	229600000	usd
CY2024Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	399900000	usd
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	218700000	usd
CY2024Q1	us-gaap	Interest Paid Net InterestPaidNet	15500000	usd
CY2023Q1	us-gaap	Interest Paid Net InterestPaidNet	14700000	usd
CY2024Q1	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	800000	usd
CY2023Q1	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	1500000	usd
CY2024Q1	us-gaap	Right Of Use Asset Obtained In Exchange For Operating Lease Liability RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability	8800000	usd
CY2023Q1	us-gaap	Right Of Use Asset Obtained In Exchange For Operating Lease Liability RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability	5700000	usd
CY2024Q1	ibp	Finance Lease Obligations Incurred FinanceLeaseObligationsIncurred	1200000	usd
CY2023Q1	ibp	Finance Lease Obligations Incurred FinanceLeaseObligationsIncurred	1000000.0	usd
CY2024Q1	us-gaap	Business Combination Consideration Transferred Liabilities Incurred BusinessCombinationConsiderationTransferredLiabilitiesIncurred	600000	usd
CY2023Q1	us-gaap	Business Combination Consideration Transferred Liabilities Incurred BusinessCombinationConsiderationTransferredLiabilitiesIncurred	6000000.0	usd
CY2024Q1	us-gaap	Capital Expenditures Incurred But Not Yet Paid CapitalExpendituresIncurredButNotYetPaid	2800000	usd
CY2023Q1	us-gaap	Capital Expenditures Incurred But Not Yet Paid CapitalExpendituresIncurredButNotYetPaid	2300000	usd
CY2024Q1	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	692900000	usd
CY2024Q1	ibp	Number Of Locations In Operation NumberOfLocationsInOperation	250	location
CY2024Q1	us-gaap	Number Of Reportable Segments NumberOfReportableSegments	1	segment
CY2024Q1	us-gaap	Prior Period Reclassification Adjustment Description PriorPeriodReclassificationAdjustmentDescription	<div style="margin-top:9pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;text-decoration:underline">Reclassifications</span></div><div style="margin-top:9pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">In order to conform with the current year presentation, we reclassified $3.6 million of the financing component of interest rate swaps for the three months ended March 31, 2023 from “Other” to “Settlements with interest rate swap counterparties” within the investing activities section of our Condensed Consolidated Statements of Cash Flows.</span></div>
CY2023Q1	ibp	Proceeds From Interest Settlements ProceedsFromInterestSettlements	3600000	usd
CY2024Q1	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	692900000	usd
CY2023Q1	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	659300000	usd
CY2023Q1	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	659300000	usd
CY2024Q1	us-gaap	Contract With Customer Asset Net ContractWithCustomerAssetNet	35300000	usd
CY2023Q4	us-gaap	Contract With Customer Asset Net ContractWithCustomerAssetNet	31700000	usd
CY2024Q1	us-gaap	Contract With Customer Liability ContractWithCustomerLiability	19100000	usd
CY2023Q4	us-gaap	Contract With Customer Liability ContractWithCustomerLiability	19000000.0	usd
CY2024Q1	ibp	Costs Incurred On Uncompleted Contracts CostsIncurredOnUncompletedContracts	260100000	usd
CY2023Q4	ibp	Costs Incurred On Uncompleted Contracts CostsIncurredOnUncompletedContracts	268900000	usd
CY2024Q1	ibp	Estimated Earnings On Long Term Contracts EstimatedEarningsOnLongTermContracts	123100000	usd
CY2023Q4	ibp	Estimated Earnings On Long Term Contracts EstimatedEarningsOnLongTermContracts	124400000	usd
CY2024Q1	us-gaap	Receivables Long Term Contracts Or Programs ReceivablesLongTermContractsOrPrograms	383200000	usd
CY2023Q4	us-gaap	Receivables Long Term Contracts Or Programs ReceivablesLongTermContractsOrPrograms	393300000	usd
CY2024Q1	us-gaap	Billed Contract Receivables BilledContractReceivables	357800000	usd
CY2023Q4	us-gaap	Billed Contract Receivables BilledContractReceivables	371700000	usd
CY2024Q1	ibp	Cost And Estimated Earnings Under Over Billings Net CostAndEstimatedEarningsUnderOverBillingsNet	25400000	usd
CY2023Q4	ibp	Cost And Estimated Earnings Under Over Billings Net CostAndEstimatedEarningsUnderOverBillingsNet	21600000	usd
CY2024Q1	ibp	Costs And Estimated Earnings In Excess Of Billing On Uncompleted Contracts CostsAndEstimatedEarningsInExcessOfBillingOnUncompletedContracts	35300000	usd
CY2023Q4	ibp	Costs And Estimated Earnings In Excess Of Billing On Uncompleted Contracts CostsAndEstimatedEarningsInExcessOfBillingOnUncompletedContracts	31700000	usd
CY2024Q1	ibp	Billings In Excess Of Cost On Uncompleted Contracts BillingsInExcessOfCostOnUncompletedContracts	9900000	usd
CY2023Q4	ibp	Billings In Excess Of Cost On Uncompleted Contracts BillingsInExcessOfCostOnUncompletedContracts	10100000	usd
CY2024Q1	ibp	Cost And Estimated Earnings Under Over Billings Net CostAndEstimatedEarningsUnderOverBillingsNet	25400000	usd
CY2023Q4	ibp	Cost And Estimated Earnings Under Over Billings Net CostAndEstimatedEarningsUnderOverBillingsNet	21600000	usd
CY2024Q1	us-gaap	Contract With Customer Liability Revenue Recognized ContractWithCustomerLiabilityRevenueRecognized	15500000	usd
CY2023Q1	us-gaap	Capitalized Contract Cost Impairment Loss CapitalizedContractCostImpairmentLoss	0	usd
CY2024Q1	us-gaap	Capitalized Contract Cost Impairment Loss CapitalizedContractCostImpairmentLoss	0	usd
CY2024Q1	us-gaap	Revenue Remaining Performance Obligation RevenueRemainingPerformanceObligation	115900000	usd
CY2024Q1	us-gaap	Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1 RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1	P18M
CY2023Q4	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	11200000	usd
CY2024Q1	us-gaap	Allowance For Doubtful Accounts Receivable Period Increase Decrease AllowanceForDoubtfulAccountsReceivablePeriodIncreaseDecrease	1400000	usd
CY2024Q1	us-gaap	Allowance For Doubtful Accounts Receivable Recoveries AllowanceForDoubtfulAccountsReceivableRecoveries	200000	usd
CY2024Q1	us-gaap	Allowance For Doubtful Accounts Receivable Write Offs AllowanceForDoubtfulAccountsReceivableWriteOffs	1700000	usd
CY2024Q1	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	11100000	usd
CY2024Q1	us-gaap	Money Market Funds At Carrying Value MoneyMarketFundsAtCarryingValue	367500000	usd
CY2023Q4	us-gaap	Money Market Funds At Carrying Value MoneyMarketFundsAtCarryingValue	344800000	usd
CY2023Q4	us-gaap	Goodwill Gross GoodwillGross	468800000	usd
CY2024Q1	us-gaap	Goodwill Acquired During Period GoodwillAcquiredDuringPeriod	1500000	usd
CY2024Q1	us-gaap	Goodwill Purchase Accounting Adjustments GoodwillPurchaseAccountingAdjustments	100000	usd
CY2024Q1	us-gaap	Goodwill Gross GoodwillGross	470400000	usd
CY2024Q1	us-gaap	Goodwill Impaired Accumulated Impairment Loss GoodwillImpairedAccumulatedImpairmentLoss	70000000.0	usd
CY2024Q1	us-gaap	Goodwill Goodwill	400400000	usd
CY2024Q1	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	541600000	usd
CY2024Q1	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	281100000	usd
CY2024Q1	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	260500000	usd
CY2023Q4	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	539100000	usd
CY2023Q4	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	270400000	usd
CY2023Q4	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	268700000	usd
CY2024Q1	us-gaap	Finite Lived Intangible Assets Period Increase Decrease FiniteLivedIntangibleAssetsPeriodIncreaseDecrease	2500000	usd
CY2024Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear	30700000	usd
CY2024Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Next Twelve Months FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths	35600000	usd
CY2024Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Two FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo	31600000	usd
CY2024Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Three FiniteLivedIntangibleAssetsAmortizationExpenseYearThree	27300000	usd
CY2024Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Four FiniteLivedIntangibleAssetsAmortizationExpenseYearFour	23900000	usd
CY2024Q1	ibp	Finite Lived Intangible Assets Amortization Expense After Year Four FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFour	111400000	usd
CY2024Q1	us-gaap	Long Term Debt LongTermDebt	875000000.0	usd
CY2023Q4	us-gaap	Long Term Debt LongTermDebt	867300000	usd
CY2024Q1	us-gaap	Long Term Debt Current LongTermDebtCurrent	31600000	usd
CY2023Q4	us-gaap	Long Term Debt Current LongTermDebtCurrent	32200000	usd
CY2024Q1	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	843400000	usd
CY2023Q4	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	835100000	usd
CY2024Q1	us-gaap	Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear	24400000	usd
CY2024Q1	us-gaap	Long Term Debt Maturities Repayments Of Principal In Next Twelve Months LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths	27800000	usd
CY2024Q1	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Two LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo	23400000	usd
CY2024Q1	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Three LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree	18600000	usd
CY2024Q1	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Four LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour	311200000	usd
CY2024Q1	ibp	Long Term Debt Maturity After Year Four LongTermDebtMaturityAfterYearFour	476500000	usd
CY2024Q1	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	79300000	usd
CY2023Q4	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	78100000	usd
CY2024Q1	us-gaap	Finance Lease Right Of Use Asset FinanceLeaseRightOfUseAsset	9500000	usd
CY2023Q4	us-gaap	Finance Lease Right Of Use Asset FinanceLeaseRightOfUseAsset	9100000	usd
CY2024Q1	ibp	Lease Assets LeaseAssets	88800000	usd
CY2023Q4	ibp	Lease Assets LeaseAssets	87200000	usd
CY2024Q1	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	28400000	usd
CY2023Q4	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	28300000	usd
CY2024Q1	us-gaap	Finance Lease Liability Current FinanceLeaseLiabilityCurrent	2800000	usd
CY2023Q4	us-gaap	Finance Lease Liability Current FinanceLeaseLiabilityCurrent	2700000	usd
CY2024Q1	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	51000000.0	usd
CY2023Q4	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	49900000	usd
CY2024Q1	us-gaap	Finance Lease Liability Noncurrent FinanceLeaseLiabilityNoncurrent	6900000	usd
CY2023Q4	us-gaap	Finance Lease Liability Noncurrent FinanceLeaseLiabilityNoncurrent	6600000	usd
CY2024Q1	ibp	Lease Liabilities LeaseLiabilities	89100000	usd
CY2023Q4	ibp	Lease Liabilities LeaseLiabilities	87500000	usd
CY2024Q1	us-gaap	Operating Lease Weighted Average Remaining Lease Term1 OperatingLeaseWeightedAverageRemainingLeaseTerm1	P3Y6M
CY2023Q4	us-gaap	Operating Lease Weighted Average Remaining Lease Term1 OperatingLeaseWeightedAverageRemainingLeaseTerm1	P3Y7M6D
CY2024Q1	us-gaap	Finance Lease Weighted Average Remaining Lease Term1 FinanceLeaseWeightedAverageRemainingLeaseTerm1	P3Y6M
CY2023Q4	us-gaap	Finance Lease Weighted Average Remaining Lease Term1 FinanceLeaseWeightedAverageRemainingLeaseTerm1	P3Y6M
CY2024Q1	us-gaap	Operating Lease Weighted Average Discount Rate Percent OperatingLeaseWeightedAverageDiscountRatePercent	0.0537
CY2023Q4	us-gaap	Operating Lease Weighted Average Discount Rate Percent OperatingLeaseWeightedAverageDiscountRatePercent	0.0523
CY2024Q1	us-gaap	Finance Lease Weighted Average Discount Rate Percent FinanceLeaseWeightedAverageDiscountRatePercent	0.0743
CY2023Q4	us-gaap	Finance Lease Weighted Average Discount Rate Percent FinanceLeaseWeightedAverageDiscountRatePercent	0.0691
CY2024Q1	us-gaap	Operating Lease Cost OperatingLeaseCost	10300000	usd
CY2023Q1	us-gaap	Operating Lease Cost OperatingLeaseCost	9200000	usd
CY2024Q1	us-gaap	Finance Lease Right Of Use Asset Amortization FinanceLeaseRightOfUseAssetAmortization	1000000.0	usd
CY2023Q1	us-gaap	Finance Lease Right Of Use Asset Amortization FinanceLeaseRightOfUseAssetAmortization	1000000.0	usd
CY2024Q1	us-gaap	Finance Lease Interest Expense FinanceLeaseInterestExpense	200000	usd
CY2023Q1	us-gaap	Finance Lease Interest Expense FinanceLeaseInterestExpense	100000	usd
CY2024Q1	us-gaap	Lease Cost LeaseCost	11500000	usd
CY2023Q1	us-gaap	Lease Cost LeaseCost	10300000	usd
CY2024Q1	us-gaap	Operating Lease Payments OperatingLeasePayments	8400000	usd
CY2023Q1	us-gaap	Operating Lease Payments OperatingLeasePayments	7700000	usd
CY2024Q1	us-gaap	Finance Lease Interest Payment On Liability FinanceLeaseInterestPaymentOnLiability	200000	usd
CY2023Q1	us-gaap	Finance Lease Interest Payment On Liability FinanceLeaseInterestPaymentOnLiability	100000	usd
CY2024Q1	us-gaap	Finance Lease Principal Payments FinanceLeasePrincipalPayments	800000	usd
CY2023Q1	us-gaap	Finance Lease Principal Payments FinanceLeasePrincipalPayments	700000	usd
CY2024Q1	us-gaap	Finance Lease Liability Payments Remainder Of Fiscal Year FinanceLeaseLiabilityPaymentsRemainderOfFiscalYear	2600000	usd
CY2024Q1	us-gaap	Lessee Operating Lease Liability Payments Remainder Of Fiscal Year LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear	24600000	usd
CY2024Q1	us-gaap	Finance Lease Liability Payments Due Next Twelve Months FinanceLeaseLiabilityPaymentsDueNextTwelveMonths	3200000	usd
CY2024Q1	us-gaap	Lessee Operating Lease Liability Payments Due Next Twelve Months LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths	25800000	usd
CY2024Q1	us-gaap	Finance Lease Liability Payments Due Year Two FinanceLeaseLiabilityPaymentsDueYearTwo	2800000	usd
CY2024Q1	us-gaap	Lessee Operating Lease Liability Payments Due Year Two LesseeOperatingLeaseLiabilityPaymentsDueYearTwo	18200000	usd
CY2024Q1	us-gaap	Finance Lease Liability Payments Due Year Three FinanceLeaseLiabilityPaymentsDueYearThree	1900000	usd
CY2024Q1	us-gaap	Lessee Operating Lease Liability Payments Due Year Three LesseeOperatingLeaseLiabilityPaymentsDueYearThree	9800000	usd
CY2024Q1	us-gaap	Finance Lease Liability Payments Due Year Four FinanceLeaseLiabilityPaymentsDueYearFour	600000	usd
CY2024Q1	us-gaap	Lessee Operating Lease Liability Payments Due Year Four LesseeOperatingLeaseLiabilityPaymentsDueYearFour	4400000	usd
CY2024Q1	ibp	Finance Lease Liability To Be Paid After Year Four FinanceLeaseLiabilityToBePaidAfterYearFour	0	usd
CY2024Q1	ibp	Lessee Operating Lease Liability To Be Paid After Year Four LesseeOperatingLeaseLiabilityToBePaidAfterYearFour	4000000.0	usd
CY2024Q1	us-gaap	Finance Lease Liability Payments Due FinanceLeaseLiabilityPaymentsDue	11100000	usd
CY2024Q1	us-gaap	Lessee Operating Lease Liability Payments Due LesseeOperatingLeaseLiabilityPaymentsDue	86800000	usd
CY2024Q1	us-gaap	Finance Lease Liability Undiscounted Excess Amount FinanceLeaseLiabilityUndiscountedExcessAmount	1400000	usd
CY2024Q1	us-gaap	Lessee Operating Lease Liability Undiscounted Excess Amount LesseeOperatingLeaseLiabilityUndiscountedExcessAmount	7400000	usd
CY2024Q1	us-gaap	Finance Lease Liability FinanceLeaseLiability	9700000	usd
CY2024Q1	us-gaap	Operating Lease Liability OperatingLeaseLiability	79400000	usd
CY2024Q1	us-gaap	Finance Lease Liability Current FinanceLeaseLiabilityCurrent	2800000	usd
CY2024Q1	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	28400000	usd
CY2024Q1	us-gaap	Finance Lease Liability Noncurrent FinanceLeaseLiabilityNoncurrent	6900000	usd
CY2024Q1	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	51000000.0	usd
CY2024Q1	us-gaap	Cash And Cash Equivalents Fair Value Disclosure CashAndCashEquivalentsFairValueDisclosure	367500000	usd
CY2023Q4	us-gaap	Cash And Cash Equivalents Fair Value Disclosure CashAndCashEquivalentsFairValueDisclosure	344800000	usd
CY2024Q1	us-gaap	Derivative Assets DerivativeAssets	30200000	usd
CY2023Q4	us-gaap	Derivative Assets DerivativeAssets	24900000	usd
CY2024Q1	us-gaap	Assets Fair Value Disclosure AssetsFairValueDisclosure	397700000	usd
CY2023Q4	us-gaap	Assets Fair Value Disclosure AssetsFairValueDisclosure	369700000	usd
CY2024Q1	us-gaap	Business Combination Contingent Consideration Liability BusinessCombinationContingentConsiderationLiability	700000	usd
CY2023Q4	us-gaap	Business Combination Contingent Consideration Liability BusinessCombinationContingentConsiderationLiability	400000	usd
CY2023Q4	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue	400000	usd
CY2024Q1	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Purchases FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPurchases	300000	usd
CY2024Q1	ibp	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Adjustments FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityAdjustments	-0.0	usd
CY2024Q1	ibp	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Accretion Expense FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityAccretionExpense	0.0	usd
CY2024Q1	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue	700000	usd
CY2024Q1	us-gaap	Number Of Operating Segments NumberOfOperatingSegments	3	segment
CY2024Q1	us-gaap	Number Of Reportable Segments NumberOfReportableSegments	1	segment
CY2024Q1	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	692900000	usd
CY2024Q1	us-gaap	Cost Of Goods And Service Excluding Depreciation Depletion And Amortization CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization	445500000	usd
CY2024Q1	ibp	Gross Profit Excluding Depreciation Amortization And Depletion GrossProfitExcludingDepreciationAmortizationAndDepletion	247400000	usd
CY2024Q1	ibp	Adjusted Gross Profit Percentage AdjustedGrossProfitPercentage	0.357
CY2023Q1	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	659300000	usd
CY2023Q1	us-gaap	Cost Of Goods And Service Excluding Depreciation Depletion And Amortization CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization	437100000	usd
CY2023Q1	ibp	Gross Profit Excluding Depreciation Amortization And Depletion GrossProfitExcludingDepreciationAmortizationAndDepletion	222200000	usd
CY2023Q1	ibp	Adjusted Gross Profit Percentage AdjustedGrossProfitPercentage	0.337
CY2024Q1	ibp	Gross Profit Excluding Depreciation Amortization And Depletion GrossProfitExcludingDepreciationAmortizationAndDepletion	247400000	usd
CY2023Q1	ibp	Gross Profit Excluding Depreciation Amortization And Depletion GrossProfitExcludingDepreciationAmortizationAndDepletion	222200000	usd
CY2024Q1	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	12900000	usd
CY2023Q1	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	11800000	usd
CY2024Q1	us-gaap	Gross Profit GrossProfit	234500000	usd
CY2023Q1	us-gaap	Gross Profit GrossProfit	210400000	usd
CY2024Q1	us-gaap	Operating Expenses OperatingExpenses	146600000	usd
CY2023Q1	us-gaap	Operating Expenses OperatingExpenses	133500000	usd
CY2024Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	87900000	usd
CY2023Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	76900000	usd
CY2024Q1	us-gaap	Other Operating Income Expense Net OtherOperatingIncomeExpenseNet	11500000	usd
CY2023Q1	us-gaap	Other Operating Income Expense Net OtherOperatingIncomeExpenseNet	9500000	usd
CY2024Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	76400000	usd
CY2023Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	67400000	usd
CY2023Q1	us-gaap	Treasury Stock Value Acquired Cost Method TreasuryStockValueAcquiredCostMethod	0	usd
CY2024Q1	us-gaap	Treasury Stock Value Acquired Cost Method TreasuryStockValueAcquiredCostMethod	0	usd
CY2024Q1	us-gaap	Stock Repurchase Program Authorized Amount1 StockRepurchaseProgramAuthorizedAmount1	300000000	usd
CY2024Q1	ibp	Health Insurance Expense HealthInsuranceExpense	8400000	usd
CY2023Q1	ibp	Health Insurance Expense HealthInsuranceExpense	7400000	usd
CY2024Q1	us-gaap	Workers Compensation Liability Current WorkersCompensationLiabilityCurrent	8600000	usd
CY2023Q4	us-gaap	Workers Compensation Liability Current WorkersCompensationLiabilityCurrent	9500000	usd
CY2024Q1	us-gaap	Workers Compensation Liability Noncurrent WorkersCompensationLiabilityNoncurrent	21000000.0	usd
CY2023Q4	us-gaap	Workers Compensation Liability Noncurrent WorkersCompensationLiabilityNoncurrent	17000000.0	usd
CY2024Q1	us-gaap	Workers Compensation Liability Current And Noncurrent WorkersCompensationLiabilityCurrentAndNoncurrent	29600000	usd
CY2023Q4	us-gaap	Workers Compensation Liability Current And Noncurrent WorkersCompensationLiabilityCurrentAndNoncurrent	26500000	usd
CY2024Q1	us-gaap	Insurance Settlements Receivable Noncurrent InsuranceSettlementsReceivableNoncurrent	4900000	usd
CY2023Q4	us-gaap	Insurance Settlements Receivable Noncurrent InsuranceSettlementsReceivableNoncurrent	3000000.0	usd
CY2024Q1	us-gaap	Defined Contribution Plan Administrative Expenses DefinedContributionPlanAdministrativeExpenses	1000000	usd
CY2023Q1	us-gaap	Defined Contribution Plan Administrative Expenses DefinedContributionPlanAdministrativeExpenses	900000	usd
CY2024Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod	0	shares
CY2023Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod	0	shares
CY2024Q1	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	4100000	usd
CY2023Q1	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	3400000	usd
CY2024Q1	us-gaap	Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized	19100000	usd
CY2024Q1	us-gaap	Shares Paid For Tax Withholding For Share Based Compensation SharesPaidForTaxWithholdingForShareBasedCompensation	1000	shares
CY2023Q1	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.268
CY2024Q1	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.268
CY2024Q1	us-gaap	Accrued Insurance Current AccruedInsuranceCurrent	8400000	usd
CY2023Q4	us-gaap	Accrued Insurance Current AccruedInsuranceCurrent	9100000	usd
CY2024Q1	us-gaap	Accrued Insurance Noncurrent AccruedInsuranceNoncurrent	20100000	usd
CY2023Q4	us-gaap	Accrued Insurance Noncurrent AccruedInsuranceNoncurrent	16300000	usd
CY2024Q1	us-gaap	Accrued Insurance Current And Noncurrent AccruedInsuranceCurrentAndNoncurrent	28500000	usd
CY2023Q4	us-gaap	Accrued Insurance Current And Noncurrent AccruedInsuranceCurrentAndNoncurrent	25400000	usd
CY2024Q1	ibp	Purchase Obligation Number Of Suppliers PurchaseObligationNumberOfSuppliers	1	supplier
CY2024Q1	ibp	Purchase Obligation Pounds To Be Purchased Remainder Of Fiscal Year PurchaseObligationPoundsToBePurchasedRemainderOfFiscalYear	12000000	aluminumpound
CY2024Q1	ibp	Purchase Obligation Pounds To Be Purchased Year One PurchaseObligationPoundsToBePurchasedYearOne	14400000	aluminumpound
CY2024Q1	ibp	Purchase Obligation Pounds To Be Purchased Year Two PurchaseObligationPoundsToBePurchasedYearTwo	17300000	aluminumpound
CY2024Q1	ibp	Unrecorded Unconditional Purchase Obligation Pounds Purchased UnrecordedUnconditionalPurchaseObligationPoundsPurchased	10700000	aluminumpound
CY2024Q1	us-gaap	Number Of Businesses Acquired NumberOfBusinessesAcquired	1	acquistion
CY2024Q1	ibp	Number Of Insignificant Business Combinations NumberOfInsignificantBusinessCombinations	1	acquistion
CY2023Q1	us-gaap	Number Of Businesses Acquired NumberOfBusinessesAcquired	2	acquistion
CY2023Q1	us-gaap	Payments To Acquire Businesses Gross PaymentsToAcquireBusinessesGross	38000000.0	usd
CY2023Q1	ibp	Seller Obligations In Connection With Acquisition Of Business SellerObligationsInConnectionWithAcquisitionOfBusiness	2800000	usd
CY2023Q1	us-gaap	Business Combination Consideration Transferred1 BusinessCombinationConsiderationTransferred1	40800000	usd
CY2023Q1	us-gaap	Business Combination Pro Forma Information Revenue Of Acquiree Since Acquisition Date Actual BusinessCombinationProFormaInformationRevenueOfAcquireeSinceAcquisitionDateActual	2600000	usd
CY2023Q1	us-gaap	Business Combination Pro Forma Information Earnings Or Loss Of Acquiree Since Acquisition Date Actual BusinessCombinationProFormaInformationEarningsOrLossOfAcquireeSinceAcquisitionDateActual	100000	usd
CY2024Q1	us-gaap	Business Combination Acquisition Related Costs BusinessCombinationAcquisitionRelatedCosts	500000	usd
CY2023Q1	us-gaap	Business Combination Acquisition Related Costs BusinessCombinationAcquisitionRelatedCosts	600000	usd
CY2024Q1	us-gaap	Business Acquisition Purchase Price Allocation Goodwill Expected Tax Deductible Amount BusinessAcquisitionPurchasePriceAllocationGoodwillExpectedTaxDeductibleAmount	1600000	usd
CY2023Q1	us-gaap	Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Assets Receivables BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentAssetsReceivables	5000000.0	usd
CY2023Q1	us-gaap	Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Inventory BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedInventory	1700000	usd
CY2023Q1	us-gaap	Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Assets Other BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentAssetsOther	1900000	usd
CY2023Q1	us-gaap	Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Property Plant And Equipment BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedPropertyPlantAndEquipment	2700000	usd
CY2023Q1	ibp	Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Operating Lease Right Of Use Asset BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedOperatingLeaseRightOfUseAsset	0	usd
CY2023Q1	us-gaap	Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Intangible Assets Other Than Goodwill BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibleAssetsOtherThanGoodwill	17500000	usd
CY2023Q1	us-gaap	Goodwill Goodwill	14000000.0	usd
CY2023Q1	us-gaap	Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Other Noncurrent Assets BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedOtherNoncurrentAssets	200000	usd
CY2023Q1	ibp	Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Accounts Payable And Other Current Liabilities BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedAccountsPayableAndOtherCurrentLiabilities	2200000	usd
CY2023Q1	us-gaap	Business Combination Recognized Identifiable Assets Acquired Goodwill And Liabilities Assumed Net BusinessCombinationRecognizedIdentifiableAssetsAcquiredGoodwillAndLiabilitiesAssumedNet	40800000	usd
CY2023Q1	ibp	Seller Obligations In Connection With Acquisition Of Business SellerObligationsInConnectionWithAcquisitionOfBusiness	2800000	usd
CY2023Q1	us-gaap	Payments To Acquire Businesses Gross PaymentsToAcquireBusinessesGross	38000000.0	usd
CY2024Q1	us-gaap	Business Acquisitions Pro Forma Revenue BusinessAcquisitionsProFormaRevenue	693600000	usd
CY2023Q1	us-gaap	Business Acquisitions Pro Forma Revenue BusinessAcquisitionsProFormaRevenue	677300000	usd
CY2024Q1	us-gaap	Business Acquisitions Pro Forma Net Income Loss BusinessAcquisitionsProFormaNetIncomeLoss	55900000	usd
CY2023Q1	us-gaap	Business Acquisitions Pro Forma Net Income Loss BusinessAcquisitionsProFormaNetIncomeLoss	50000000.0	usd
CY2024Q1	us-gaap	Business Acquisition Pro Forma Earnings Per Share Basic BusinessAcquisitionProFormaEarningsPerShareBasic	1.98
CY2023Q1	us-gaap	Business Acquisition Pro Forma Earnings Per Share Basic BusinessAcquisitionProFormaEarningsPerShareBasic	1.78
CY2024Q1	us-gaap	Business Acquisition Pro Forma Earnings Per Share Diluted BusinessAcquisitionProFormaEarningsPerShareDiluted	1.97
CY2023Q1	us-gaap	Business Acquisition Pro Forma Earnings Per Share Diluted BusinessAcquisitionProFormaEarningsPerShareDiluted	1.77
CY2024Q1	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	214000	shares
CY2023Q1	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	203000	shares
CY2024Q1	ecd	Rule10b51 Arr Adopted Flag Rule10b51ArrAdoptedFlag	false
CY2024Q1	ecd	Non Rule10b51 Arr Adopted Flag NonRule10b51ArrAdoptedFlag	false
CY2024Q1	ecd	Rule10b51 Arr Trmntd Flag Rule10b51ArrTrmntdFlag	false
CY2024Q1	ecd	Non Rule10b51 Arr Trmntd Flag NonRule10b51ArrTrmntdFlag	false

Files In Submission

Name	View Source	Status
0001580905-24-000021-index-headers.html	Edgar Link	pending
0001580905-24-000021-index.html	Edgar Link	pending
0001580905-24-000021.txt	Edgar Link	pending
0001580905-24-000021-xbrl.zip	Edgar Link	pending
Financial_Report.xlsx	Edgar Link	pending
ibp-20240331.htm	Edgar Link	pending
ibp-20240331.xsd	Edgar Link	pending
ibp-20240331xex102.htm	Edgar Link	pending
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ibp-20240331_cal.xml	Edgar Link	unprocessable
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report.css	Edgar Link	pending
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FilingSummary.xml	Edgar Link	unprocessable

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$IBP
Installed Building Products, Inc. Stock $ibp

2024 Q2 Form 10-Q Financial Statement

#000158090524000021 Filed on May 09, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$IBP Installed Building Products, Inc. Stock $ibp

2024 Q2 Form 10-Q Financial Statement

#000158090524000021 Filed on May 09, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$IBP
Installed Building Products, Inc. Stock $ibp