$PATK
PATRICK INDUSTRIES INC Stock $patk

$patk Overview Financials Valuation SEC Filings Company Website

2019 Q1 Form 10-Q Financial Statement

#000007660519000073 Filed on May 09, 2019

Income Statement

Concept	2019 Q1	2018 Q2
Revenue	$608.2M	$551.8M
YoY Change		35.54%
Cost Of Revenue	$501.7M	$454.1M
YoY Change		35.29%
Gross Profit	$106.5M	$97.75M
YoY Change		36.72%
Gross Profit Margin	17.52%	17.71%
Selling, General & Admin	$37.69M	$31.84M
YoY Change		45.44%
% of Gross Profit	35.38%	32.57%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$15.54M	$11.33M
YoY Change		34.82%
% of Gross Profit	14.59%	11.59%
Operating Expenses	$70.72M	$56.00M
YoY Change		48.17%
Operating Profit	$35.83M	$41.76M
YoY Change		23.89%
Interest Expense	-$8.983M	-$4.378M
YoY Change		117.81%
% of Operating Profit	-25.07%	-10.48%
Other Income/Expense, Net
YoY Change
Pretax Income	$26.84M	$37.38M
YoY Change		17.93%
Income Tax	$5.994M	$7.312M
% Of Pretax Income	22.33%	19.56%
Net Earnings	$20.85M	$30.07M
YoY Change		41.43%
Net Earnings / Revenue	3.43%	5.45%
Basic Earnings Per Share	$0.90	$1.22
Diluted Earnings Per Share	$0.90	$1.20
COMMON SHARES
Basic Shares Outstanding	23.04M shares	24.74M shares
Diluted Shares Outstanding	23.25M shares	25.11M shares

Balance Sheet

Concept	2019 Q1	2018 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments	$8.500M	$100.0K
YoY Change		-99.14%
Cash & Equivalents	$8.454M	$71.00K
Short-Term Investments
Other Short-Term Assets	$17.80M	$16.00M
YoY Change		146.15%
Inventory	$265.0M	$205.9M
Prepaid Expenses
Receivables	$137.3M	$138.7M
Other Receivables	$0.00	$0.00
Total Short-Term Assets	$428.5M	$360.7M
YoY Change		43.59%
LONG-TERM ASSETS
Property, Plant & Equipment	$180.3M	$129.0M
YoY Change		36.06%
Goodwill	$292.1M	$223.5M
YoY Change		61.12%
Intangibles	$370.2M	$313.5M
YoY Change		55.46%
Long-Term Investments
YoY Change
Other Assets	$499.0K	$494.0K
YoY Change		-2.37%
Total Long-Term Assets	$926.7M	$668.8M
YoY Change		52.66%
TOTAL ASSETS
Total Short-Term Assets	$428.5M	$360.7M
Total Long-Term Assets	$926.7M	$668.8M
Total Assets	$1.355B	$1.030B
YoY Change		49.35%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$124.6M	$114.4M
YoY Change		71.94%
Accrued Expenses	$57.29M	$49.29M
YoY Change		83.37%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00
YoY Change
Long-Term Debt Due	$10.00M	$15.77M
YoY Change		0.0%
Total Short-Term Liabilities	$217.8M	$179.4M
YoY Change		64.36%
LONG-TERM LIABILITIES
Long-Term Debt	$613.6M	$413.1M
YoY Change		69.04%
Other Long-Term Liabilities	$16.76M	$16.13M
YoY Change		908.19%
Total Long-Term Liabilities	$630.4M	$429.3M
YoY Change		75.64%
TOTAL LIABILITIES
Total Short-Term Liabilities	$217.8M	$179.4M
Total Long-Term Liabilities	$630.4M	$429.3M
Total Liabilities	$926.1M	$623.8M
YoY Change		68.99%
SHAREHOLDERS EQUITY
Retained Earnings	$245.7M	$217.3M
YoY Change		42.77%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)		$13.50M
YoY Change
Treasury Stock Shares
Shareholders Equity	$429.1M	$405.8M
YoY Change
Total Liabilities & Shareholders Equity	$1.355B	$1.030B
YoY Change		49.35%

Cashflow Statement

Concept	2019 Q1	2018 Q2
OPERATING ACTIVITIES
Net Income	$20.85M	$30.07M
YoY Change		41.43%
Depreciation, Depletion And Amortization	$15.54M	$11.33M
YoY Change		34.82%
Cash From Operating Activities	$27.88M	$25.81M
YoY Change		-15.66%
INVESTING ACTIVITIES
Capital Expenditures	$10.01M	$7.641M
YoY Change		-244.17%
Acquisitions	$1.222M	$95.86M
YoY Change
Other Investing Activities	$200.0K	$6.000K
YoY Change		-100.01%
Cash From Investing Activities	-$9.855M	-$103.5M
YoY Change		31.52%
FINANCING ACTIVITIES
Cash Dividend Paid	$0.00
YoY Change
Common Stock Issuance & Retirement, Net	$0.00	$13.47M
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-$16.47M	$75.00M
YoY Change		53.7%
NET CHANGE
Cash From Operating Activities	$27.88M	$25.81M
Cash From Investing Activities	-$9.855M	-$103.5M
Cash From Financing Activities	-$16.47M	$75.00M
Net Change In Cash	$1.559M	-$2.696M
YoY Change		-485.14%
FREE CASH FLOW
Cash From Operating Activities	$27.88M	$25.81M
Capital Expenditures	$10.01M	$7.641M
Free Cash Flow	$17.88M	$18.17M
YoY Change		-49.4%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
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CY2019Q1	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
CY2019Q1	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q1
CY2019Q1	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2019
CY2019Q1	dei	Document Type DocumentType	10-Q
CY2019Q1	dei	Entity Small Business EntitySmallBusiness	false
CY2019Q2	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	23849644	shares
CY2019Q1	dei	Document Period End Date DocumentPeriodEndDate	2019-03-31
CY2019Q1	dei	Entity Central Index Key EntityCentralIndexKey	0000076605
CY2019Q1	dei	Entity Emerging Growth Company EntityEmergingGrowthCompany	false
CY2019Q1	dei	Entity Filer Category EntityFilerCategory	Large Accelerated Filer
CY2019Q1	dei	Entity Registrant Name EntityRegistrantName	PATRICK INDUSTRIES INC
CY2019Q1	dei	Trading Symbol TradingSymbol	patk
CY2019Q1	us-gaap	Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1 EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1	P23M15D
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CY2019Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	8454000	USD
CY2018Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	6895000	USD
CY2019Q1	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	137318000	USD
CY2018Q4	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	82499000	USD
CY2019Q1	us-gaap	Inventory Net InventoryNet	264994000	USD
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CY2018Q4	us-gaap	Assets Current AssetsCurrent	385167000	USD
CY2019Q1	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	180331000	USD
CY2018Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	177145000	USD
CY2019Q1	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	79868000	USD
CY2018Q4	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	0	USD
CY2019Q1	us-gaap	Goodwill Goodwill	292113000	USD
CY2018Q4	us-gaap	Goodwill Goodwill	281734000	USD
CY2019Q1	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	370233000	USD
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CY2019Q1	us-gaap	Debt Issuance Costs Line Of Credit Arrangements Net DebtIssuanceCostsLineOfCreditArrangementsNet	3617000	USD
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CY2019Q1	us-gaap	Proceeds From Payments For Other Financing Activities ProceedsFromPaymentsForOtherFinancingActivities	3000	USD
CY2018Q2	us-gaap	Proceeds From Payments For Other Financing Activities ProceedsFromPaymentsForOtherFinancingActivities	-1000	USD
CY2019Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-16470000	USD
CY2018Q2	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	75004000	USD
CY2019Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	1559000	USD
CY2018Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-2696000	USD
CY2018Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	6895000	USD
CY2017Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	2767000	USD
CY2019Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	8454000	USD
CY2018Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	71000	USD
CY2019Q1	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	608218000	USD
CY2018Q2	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	551832000	USD
CY2019Q1	us-gaap	Contract With Customer Asset Net ContractWithCustomerAssetNet	135202000	USD
CY2018Q4	us-gaap	Contract With Customer Asset Net ContractWithCustomerAssetNet	74196000	USD
CY2019Q1	us-gaap	Contract With Customer Liability ContractWithCustomerLiability	2847000	USD
CY2018Q4	us-gaap	Contract With Customer Liability ContractWithCustomerLiability	2642000	USD
CY2019Q1	us-gaap	Contract With Customer Liability Revenue Recognized ContractWithCustomerLiabilityRevenueRecognized	910000	USD
CY2019Q1	patk	Contractwith Customer Liability Increasefrom Cash Receipts ContractwithCustomerLiabilityIncreasefromCashReceipts	1115000	USD
CY2019Q1	us-gaap	Inventory Raw Materials InventoryRawMaterials	166369000	USD
CY2018Q4	us-gaap	Inventory Raw Materials InventoryRawMaterials	164408000	USD
CY2019Q1	us-gaap	Inventory Work In Process InventoryWorkInProcess	13882000	USD
CY2018Q4	us-gaap	Inventory Work In Process InventoryWorkInProcess	12829000	USD
CY2019Q1	us-gaap	Inventory Finished Goods InventoryFinishedGoods	25003000	USD
CY2018Q4	us-gaap	Inventory Finished Goods InventoryFinishedGoods	28341000	USD
CY2019Q1	patk	Inventory Manufactured Goods Net InventoryManufacturedGoodsNet	197913000	USD
CY2018Q4	patk	Inventory Manufactured Goods Net InventoryManufacturedGoodsNet	200224000	USD
CY2019Q1	us-gaap	Other Inventory Purchased Goods OtherInventoryPurchasedGoods	68876000	USD
CY2018Q4	us-gaap	Other Inventory Purchased Goods OtherInventoryPurchasedGoods	74914000	USD
CY2019Q1	patk	Total Materials Purchased For Resale Distribution Products Net TotalMaterialsPurchasedForResaleDistributionProductsNet	67081000	USD
CY2018Q4	patk	Total Materials Purchased For Resale Distribution Products Net TotalMaterialsPurchasedForResaleDistributionProductsNet	72674000	USD
CY2019Q1	us-gaap	Inventory Net InventoryNet	264994000	USD
CY2018Q4	us-gaap	Inventory Net InventoryNet	272898000	USD
CY2019Q1	us-gaap	Goodwill And Intangible Asset Impairment GoodwillAndIntangibleAssetImpairment	0	USD
CY2018Q2	us-gaap	Business Acquisitions Pro Forma Net Income Loss BusinessAcquisitionsProFormaNetIncomeLoss	34375000	USD
CY2018Q2	us-gaap	Business Acquisition Pro Forma Earnings Per Share Basic BusinessAcquisitionProFormaEarningsPerShareBasic	1.39
CY2018Q4	us-gaap	Goodwill Goodwill	281734000	USD
CY2019Q1	us-gaap	Goodwill Purchase Accounting Adjustments GoodwillPurchaseAccountingAdjustments	10379000	USD
CY2019Q1	us-gaap	Goodwill Goodwill	292113000	USD
CY2019Q1	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	370200000	USD
CY2019Q1	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	9000000.0	USD
CY2018Q2	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	7100000	USD
CY2019Q1	us-gaap	Intangible Assets Gross Excluding Goodwill IntangibleAssetsGrossExcludingGoodwill	465033000	USD
CY2018Q4	us-gaap	Intangible Assets Gross Excluding Goodwill IntangibleAssetsGrossExcludingGoodwill	468793000	USD
CY2019Q1	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	94800000	USD
CY2018Q4	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	85811000	USD
CY2019Q1	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	370233000	USD
CY2018Q4	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	382982000	USD
CY2018Q4	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	382982000	USD
CY2019Q1	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	8989000	USD
CY2019Q1	us-gaap	Business Combination Provisional Information Initial Accounting Incomplete Adjustment Intangibles BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentIntangibles	-3760000	USD
CY2019Q1	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	370233000	USD
CY2018Q2	us-gaap	Business Acquisitions Pro Forma Revenue BusinessAcquisitionsProFormaRevenue	690482000	USD
CY2019Q1	us-gaap	Number Of Businesses Acquired NumberOfBusinessesAcquired	0	acquisition
CY2018	us-gaap	Number Of Businesses Acquired NumberOfBusinessesAcquired	9	acquisition
CY2018Q2	us-gaap	Number Of Businesses Acquired NumberOfBusinessesAcquired	4	acquisition
CY2018Q2	us-gaap	Number Of Businesses Acquired NumberOfBusinessesAcquired	4	acquisition
CY2019Q1	us-gaap	Business Combination Contingent Consideration Liability BusinessCombinationContingentConsiderationLiability	9400000	USD
CY2019Q1	us-gaap	Business Combination Contingent Consideration Arrangements Range Of Outcomes Value High BusinessCombinationContingentConsiderationArrangementsRangeOfOutcomesValueHigh	13700000	USD
CY2019Q1	us-gaap	Payment For Contingent Consideration Liability Financing Activities PaymentForContingentConsiderationLiabilityFinancingActivities	4400000	USD
CY2018Q2	patk	Business Acquisition Pro Forma Amortization Expense BusinessAcquisitionProFormaAmortizationExpense	2900000	USD
CY2018Q2	us-gaap	Business Acquisition Pro Forma Earnings Per Share Diluted BusinessAcquisitionProFormaEarningsPerShareDiluted	1.37
CY2019Q1	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	3900000	USD
CY2018Q2	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	3700000	USD
CY2018Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized	181808	shares
CY2018Q2	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod	164988	shares
CY2019Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized	356017	shares
CY2019Q1	us-gaap	Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized	31300000	USD
CY2019Q1	us-gaap	Net Income Loss NetIncomeLoss	20849000	USD
CY2018Q2	us-gaap	Net Income Loss NetIncomeLoss	30068000	USD
CY2019Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	23039000	shares
CY2018Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	24740000	shares
CY2019Q1	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	209000	shares
CY2018Q2	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	370000	shares
CY2019Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	23248000	shares
CY2018Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	25110000	shares
CY2019Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.90
CY2018Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	1.22
CY2019Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.90
CY2018Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	1.20
CY2018Q4	us-gaap	Long Term Debt Current LongTermDebtCurrent	8750000	USD
CY2019Q1	us-gaap	Deferred Finance Costs Net DeferredFinanceCostsNet	447000	USD
CY2018Q4	us-gaap	Deferred Finance Costs Net DeferredFinanceCostsNet	456000	USD
CY2019Q1	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	613599000	USD
CY2018Q4	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	621751000	USD
CY2019Q1	patk	Debt Instrument Covenant Leverage Ratio Maximum DebtInstrumentCovenantLeverageRatioMaximum	3.00
CY2019Q1	patk	Debt Instrument Covenant Interest Coverage Ratio Minimum DebtInstrumentCovenantInterestCoverageRatioMinimum	1.50
CY2019Q1	us-gaap	Debt Instrument Carrying Amount DebtInstrumentCarryingAmount	652500000	USD
CY2018Q4	us-gaap	Debt Instrument Carrying Amount DebtInstrumentCarryingAmount	661082000	USD
CY2019Q1	us-gaap	Debt Instrument Unamortized Discount DebtInstrumentUnamortizedDiscount	28454000	USD
CY2018Q4	us-gaap	Debt Instrument Unamortized Discount DebtInstrumentUnamortizedDiscount	30125000	USD
CY2019Q1	us-gaap	Long Term Debt Current LongTermDebtCurrent	10000000	USD
CY2019Q1	patk	Consolidated Leverage Ratio Required ConsolidatedLeverageRatioRequired	3.00
CY2019Q1	patk	Consolidated Leverage Ratio Actual ConsolidatedLeverageRatioActual	2.46
CY2019Q1	patk	Consolidated Fixed Charge Coverage Ratio Required ConsolidatedFixedChargeCoverageRatioRequired	1.50
CY2019Q1	patk	Consolidated Fixed Charge Coverage Ratio Actual ConsolidatedFixedChargeCoverageRatioActual	2.87
CY2019Q1	us-gaap	Interest Paid InterestPaid	6500000	USD
CY2018Q2	us-gaap	Interest Paid InterestPaid	2900000	USD
CY2018Q1	us-gaap	Proceeds From Issuance Of Warrants ProceedsFromIssuanceOfWarrants	18100000	USD
CY2019Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	-1027000	USD
CY2018Q2	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	28000	USD
CY2019Q1	us-gaap	Operating Lease Cost OperatingLeaseCost	7787000	USD
CY2019Q1	us-gaap	Operating Lease Payments OperatingLeasePayments	6724000	USD
CY2019Q1	us-gaap	Right Of Use Asset Obtained In Exchange For Operating Lease Liability RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability	577000	USD
CY2019Q1	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	79868000	USD
CY2019Q1	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	25874000	USD
CY2019Q1	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	54309000	USD
CY2019Q1	us-gaap	Operating Lease Liability OperatingLeaseLiability	80183000	USD
CY2019Q1	us-gaap	Operating Lease Weighted Average Remaining Lease Term1 OperatingLeaseWeightedAverageRemainingLeaseTerm1	P3Y10M9D
CY2019Q1	us-gaap	Operating Lease Weighted Average Discount Rate Percent OperatingLeaseWeightedAverageDiscountRatePercent	0.0401
CY2019Q1	us-gaap	Lessee Operating Lease Liability Payments Remainder Of Fiscal Year LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear	21884000	USD
CY2019Q1	us-gaap	Lessee Operating Lease Liability Payments Due Year Two LesseeOperatingLeaseLiabilityPaymentsDueYearTwo	24314000	USD
CY2019Q1	us-gaap	Lessee Operating Lease Liability Payments Due Year Three LesseeOperatingLeaseLiabilityPaymentsDueYearThree	17542000	USD
CY2019Q1	us-gaap	Lessee Operating Lease Liability Payments Due Year Four LesseeOperatingLeaseLiabilityPaymentsDueYearFour	10910000	USD
CY2019Q1	us-gaap	Lessee Operating Lease Liability Payments Due Year Five LesseeOperatingLeaseLiabilityPaymentsDueYearFive	6864000	USD
CY2019Q1	us-gaap	Lessee Operating Lease Liability Payments Due After Year Five LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive	5211000	USD
CY2019Q1	us-gaap	Lessee Operating Lease Liability Payments Due LesseeOperatingLeaseLiabilityPaymentsDue	86725000	USD
CY2019Q1	us-gaap	Lessee Operating Lease Liability Undiscounted Excess Amount LesseeOperatingLeaseLiabilityUndiscountedExcessAmount	6542000	USD
CY2019Q1	us-gaap	Operating Lease Liability OperatingLeaseLiability	80183000	USD
CY2019Q1	patk	Lessee Operating Lease Lease Not Yet Commenced Liability LesseeOperatingLeaseLeaseNotYetCommencedLiability	1500000	USD
CY2018Q4	us-gaap	Operating Leases Future Minimum Payments Due Current OperatingLeasesFutureMinimumPaymentsDueCurrent	29345000	USD
CY2018Q4	us-gaap	Operating Leases Future Minimum Payments Due In Two Years OperatingLeasesFutureMinimumPaymentsDueInTwoYears	23344000	USD
CY2018Q4	us-gaap	Operating Leases Future Minimum Payments Due In Three Years OperatingLeasesFutureMinimumPaymentsDueInThreeYears	16165000	USD
CY2018Q4	us-gaap	Operating Leases Future Minimum Payments Due In Four Years OperatingLeasesFutureMinimumPaymentsDueInFourYears	9602000	USD
CY2018Q4	us-gaap	Operating Leases Future Minimum Payments Due In Five Years OperatingLeasesFutureMinimumPaymentsDueInFiveYears	5357000	USD
CY2018Q4	us-gaap	Operating Leases Future Minimum Payments Due Thereafter OperatingLeasesFutureMinimumPaymentsDueThereafter	4883000	USD
CY2018Q4	us-gaap	Operating Leases Future Minimum Payments Due OperatingLeasesFutureMinimumPaymentsDue	88696000	USD
CY2018Q2	us-gaap	Operating Lease Expense OperatingLeaseExpense	6000000	USD
CY2019Q1	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.223
CY2018Q2	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.196
CY2019Q1	us-gaap	Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Amount EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitAmount	800000	USD
CY2018Q2	us-gaap	Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Amount EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitAmount	2100000	USD
CY2019Q1	us-gaap	Income Taxes Paid IncomeTaxesPaid	1500000	USD
CY2018Q2	us-gaap	Income Taxes Paid IncomeTaxesPaid	3700000	USD
CY2019Q1	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	608218000	USD
CY2018Q2	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	551832000	USD
CY2019Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	35826000	USD
CY2018Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	41758000	USD
CY2018Q4	us-gaap	Stock Repurchase Program Authorized Amount1 StockRepurchaseProgramAuthorizedAmount1	50000000	USD
CY2018Q4	patk	Stock Repurchase Program Additional Authorized Amount StockRepurchaseProgramAdditionalAuthorizedAmount	87900000	USD
CY2019Q1	us-gaap	Stock Repurchase Program Remaining Authorized Repurchase Amount1 StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1	30300000	USD
CY2018Q2	us-gaap	Treasury Stock Shares Acquired TreasuryStockSharesAcquired	221095	shares
CY2018Q2	us-gaap	Treasury Stock Acquired Average Cost Per Share TreasuryStockAcquiredAverageCostPerShare	60.93
CY2018Q2	us-gaap	Treasury Stock Value TreasuryStockValue	13500000	USD

Files In Submission

Name	View Source	Status
0000076605-19-000073-index-headers.html	Edgar Link	pending
0000076605-19-000073-index.html	Edgar Link	pending
0000076605-19-000073.txt	Edgar Link	pending
0000076605-19-000073-xbrl.zip	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xlsx	Edgar Link	pending
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patk-20190331.xsd	Edgar Link	pending
patk-20190331_cal.xml	Edgar Link	unprocessable
patk-20190331_def.xml	Edgar Link	unprocessable
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patk-20190331_pre.xml	Edgar Link	unprocessable
patk2019q110-qtransiti.htm	Edgar Link	pending
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patk2019q1ex311transit.htm	Edgar Link	pending
patk2019q1ex312transit.htm	Edgar Link	pending
patk2019q1ex32transiti.htm	Edgar Link	pending
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report.css	Edgar Link	pending
Show.js	Edgar Link	pending

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2019 Q1 Form 10-Q Financial Statement

#000007660519000073 Filed on May 09, 2019

Income Statement

Balance Sheet

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Facts In Submission

Files In Submission

$PATK PATRICK INDUSTRIES INC Stock $patk

2019 Q1 Form 10-Q Financial Statement

#000007660519000073 Filed on May 09, 2019

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

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PATRICK INDUSTRIES INC Stock $patk