2020 Q1 Form 10-Q Financial Statement
#000007660520000071 Filed on May 07, 2020
Income Statement
Concept | 2020 Q1 | 2019 Q1 |
---|---|---|
Revenue | $589.2M | $608.2M |
YoY Change | -3.12% | |
Cost Of Revenue | $479.8M | $501.7M |
YoY Change | -4.37% | |
Gross Profit | $109.5M | $106.5M |
YoY Change | 2.75% | |
Gross Profit Margin | 18.58% | 17.52% |
Selling, General & Admin | $35.87M | $37.69M |
YoY Change | -4.84% | |
% of Gross Profit | 32.76% | 35.38% |
Research & Development | ||
YoY Change | ||
% of Gross Profit | ||
Depreciation & Amortization | $17.18M | $15.54M |
YoY Change | 10.5% | |
% of Gross Profit | 15.69% | 14.59% |
Operating Expenses | $70.20M | $70.72M |
YoY Change | -0.74% | |
Operating Profit | $39.28M | $35.83M |
YoY Change | 9.64% | |
Interest Expense | -$10.49M | -$8.983M |
YoY Change | 16.8% | |
% of Operating Profit | -26.71% | -25.07% |
Other Income/Expense, Net | ||
YoY Change | ||
Pretax Income | $28.79M | $26.84M |
YoY Change | 7.24% | |
Income Tax | $7.600M | $5.994M |
% Of Pretax Income | 26.4% | 22.33% |
Net Earnings | $21.19M | $20.85M |
YoY Change | 1.62% | |
Net Earnings / Revenue | 3.6% | 3.43% |
Basic Earnings Per Share | $0.92 | $0.90 |
Diluted Earnings Per Share | $0.91 | $0.90 |
COMMON SHARES | ||
Basic Shares Outstanding | 23.02M shares | 23.04M shares |
Diluted Shares Outstanding | 23.27M shares | 23.25M shares |
Balance Sheet
Concept | 2020 Q1 | 2019 Q1 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | $94.50M | $8.500M |
YoY Change | 1011.76% | |
Cash & Equivalents | $94.52M | $8.454M |
Short-Term Investments | ||
Other Short-Term Assets | $26.30M | $17.80M |
YoY Change | 47.75% | |
Inventory | $273.5M | $265.0M |
Prepaid Expenses | ||
Receivables | $154.6M | $137.3M |
Other Receivables | $0.00 | $0.00 |
Total Short-Term Assets | $548.9M | $428.5M |
YoY Change | 28.09% | |
LONG-TERM ASSETS | ||
Property, Plant & Equipment | $189.1M | $180.3M |
YoY Change | 4.88% | |
Goodwill | $325.9M | $292.1M |
YoY Change | 11.57% | |
Intangibles | $356.6M | $370.2M |
YoY Change | -3.67% | |
Long-Term Investments | ||
YoY Change | ||
Other Assets | $407.0K | $499.0K |
YoY Change | -18.44% | |
Total Long-Term Assets | $973.2M | $926.7M |
YoY Change | 5.03% | |
TOTAL ASSETS | ||
Total Short-Term Assets | $548.9M | $428.5M |
Total Long-Term Assets | $973.2M | $926.7M |
Total Assets | $1.522B | $1.355B |
YoY Change | 12.32% | |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $138.1M | $124.6M |
YoY Change | 10.84% | |
Accrued Expenses | $64.89M | $57.29M |
YoY Change | 13.26% | |
Deferred Revenue | ||
YoY Change | ||
Short-Term Debt | $0.00 | $0.00 |
YoY Change | ||
Long-Term Debt Due | $5.000M | $10.00M |
YoY Change | -50.0% | |
Total Short-Term Liabilities | $236.2M | $217.8M |
YoY Change | 8.45% | |
LONG-TERM LIABILITIES | ||
Long-Term Debt | $672.2M | $613.6M |
YoY Change | 9.56% | |
Other Long-Term Liabilities | $20.97M | $16.76M |
YoY Change | 25.12% | |
Total Long-Term Liabilities | $693.2M | $630.4M |
YoY Change | 9.97% | |
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $236.2M | $217.8M |
Total Long-Term Liabilities | $693.2M | $630.4M |
Total Liabilities | $1.027B | $926.1M |
YoY Change | 10.87% | |
SHAREHOLDERS EQUITY | ||
Retained Earnings | $309.0M | $245.7M |
YoY Change | 25.73% | |
Common Stock | ||
YoY Change | ||
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | ||
YoY Change | ||
Treasury Stock Shares | ||
Shareholders Equity | $495.4M | $429.1M |
YoY Change | ||
Total Liabilities & Shareholders Equity | $1.522B | $1.355B |
YoY Change | 12.32% |
Cashflow Statement
Concept | 2020 Q1 | 2019 Q1 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | $21.19M | $20.85M |
YoY Change | 1.62% | |
Depreciation, Depletion And Amortization | $17.18M | $15.54M |
YoY Change | 10.5% | |
Cash From Operating Activities | $13.16M | $27.88M |
YoY Change | -52.79% | |
INVESTING ACTIVITIES | ||
Capital Expenditures | $7.580M | $10.01M |
YoY Change | -24.24% | |
Acquisitions | $24.28M | $1.222M |
YoY Change | 1886.99% | |
Other Investing Activities | $0.00 | $200.0K |
YoY Change | -100.0% | |
Cash From Investing Activities | -$31.84M | -$9.855M |
YoY Change | 223.08% | |
FINANCING ACTIVITIES | ||
Cash Dividend Paid | $5.837M | $0.00 |
YoY Change | ||
Common Stock Issuance & Retirement, Net | $15.55M | $0.00 |
YoY Change | ||
Debt Paid & Issued, Net | ||
YoY Change | ||
Cash From Financing Activities | -$26.19M | -$16.47M |
YoY Change | 59.02% | |
NET CHANGE | ||
Cash From Operating Activities | $13.16M | $27.88M |
Cash From Investing Activities | -$31.84M | -$9.855M |
Cash From Financing Activities | -$26.19M | -$16.47M |
Net Change In Cash | -$44.87M | $1.559M |
YoY Change | -2977.93% | |
FREE CASH FLOW | ||
Cash From Operating Activities | $13.16M | $27.88M |
Capital Expenditures | $7.580M | $10.01M |
Free Cash Flow | $5.584M | $17.88M |
YoY Change | -68.77% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
CY2020Q1 | dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
Q1 | |
CY2020Q1 | dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2020 | |
CY2020Q1 | dei |
Entity Central Index Key
EntityCentralIndexKey
|
0000076605 | |
CY2020Q1 | dei |
Entity Registrant Name
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|
PATRICK INDUSTRIES INC | |
CY2020Q1 | dei |
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|
107 WEST FRANKLIN STREET, P.O. Box 638 | |
CY2020Q1 | dei |
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|
ELKHART, | |
CY2020Q1 | dei |
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IN | |
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46515 | |
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false | |
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--12-31 | |
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P19M27D | |
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Document Type
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|
10-Q | |
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2020-03-29 | |
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000-03922 | |
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IN | |
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Entity Tax Identification Number
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35-1057796 | |
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City Area Code
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574 | |
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294-7511 | |
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Entity Current Reporting Status
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Yes | |
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Entity Interactive Data Current
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Yes | |
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Large Accelerated Filer | |
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Common Stock, no par value | |
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PATK | |
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Assets
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Assets
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|
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Increase Decrease In Prepaid Deferred Expense And Other Assets
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Increase Decrease In Accounts Payable And Accrued Liabilities
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|
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CY2020Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
13164000 | USD |
CY2019Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
27884000 | USD |
CY2020Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
7580000 | USD |
CY2019Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
10005000 | USD |
CY2020Q1 | us-gaap |
Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
|
21000 | USD |
CY2019Q1 | us-gaap |
Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
|
1372000 | USD |
CY2020Q1 | us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
24281000 | USD |
CY2019Q1 | us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
1222000 | USD |
CY2020Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-31840000 | USD |
CY2019Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-9855000 | USD |
CY2020Q1 | us-gaap |
Repayments Of Debt
RepaymentsOfDebt
|
0 | USD |
CY2019Q1 | us-gaap |
Repayments Of Debt
RepaymentsOfDebt
|
1250000 | USD |
CY2020Q1 | us-gaap |
Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
|
6720000 | USD |
CY2019Q1 | us-gaap |
Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
|
213523000 | USD |
CY2020Q1 | us-gaap |
Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
|
6720000 | USD |
CY2019Q1 | us-gaap |
Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
|
220855000 | USD |
CY2020Q1 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
15550000 | USD |
CY2019Q1 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
0 | USD |
CY2020Q1 | us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
5837000 | USD |
CY2019Q1 | us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
0 | USD |
CY2020Q1 | us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
2747000 | USD |
CY2019Q1 | us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
3222000 | USD |
CY2020Q1 | us-gaap |
Payments Of Financing Costs
PaymentsOfFinancingCosts
|
57000 | USD |
CY2019Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
1559000 | USD |
CY2019Q1 | us-gaap |
Payments Of Financing Costs
PaymentsOfFinancingCosts
|
250000 | USD |
CY2020Q1 | us-gaap |
Payment For Contingent Consideration Liability Financing Activities
PaymentForContingentConsiderationLiabilityFinancingActivities
|
2000000 | USD |
CY2019Q1 | us-gaap |
Payment For Contingent Consideration Liability Financing Activities
PaymentForContingentConsiderationLiabilityFinancingActivities
|
4416000 | USD |
CY2020Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-26191000 | USD |
CY2019Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-16470000 | USD |
CY2020Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-44867000 | USD |
CY2019Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
139390000 | USD |
CY2018Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
6895000 | USD |
CY2020Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
94523000 | USD |
CY2019Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
8454000 | USD |
CY2019Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
497481000 | USD |
CY2020Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
21187000 | USD |
CY2020Q1 | us-gaap |
Dividends
Dividends
|
5978000 | USD |
CY2020Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-3043000 | USD |
CY2020Q1 | us-gaap |
Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
|
15550000 | USD |
CY2020Q1 | patk |
Shares Used To Pay Taxes On Stock Grants
SharesUsedToPayTaxesOnStockGrants
|
3032000 | USD |
CY2020Q1 | us-gaap |
Stock Granted During Period Value Sharebased Compensation
StockGrantedDuringPeriodValueSharebasedCompensation
|
4311000 | USD |
CY2020Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
495376000 | USD |
CY2018Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
408754000 | USD |
CY2019Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
20849000 | USD |
CY2019Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-1027000 | USD |
CY2019Q1 | patk |
Shares Used To Pay Taxes On Stock Grants
SharesUsedToPayTaxesOnStockGrants
|
3437000 | USD |
CY2019Q1 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
3000 | USD |
CY2019Q1 | us-gaap |
Stock Granted During Period Value Sharebased Compensation
StockGrantedDuringPeriodValueSharebasedCompensation
|
3947000 | USD |
CY2019Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
429089000 | USD |
CY2020Q1 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
589232000 | USD |
CY2019Q1 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
608218000 | USD |
CY2020Q1 | us-gaap |
Inventory Raw Materials
InventoryRawMaterials
|
179804000 | USD |
CY2019Q4 | us-gaap |
Inventory Raw Materials
InventoryRawMaterials
|
162238000 | USD |
CY2020Q1 | us-gaap |
Inventory Work In Process
InventoryWorkInProcess
|
15981000 | USD |
CY2019Q4 | us-gaap |
Inventory Work In Process
InventoryWorkInProcess
|
14272000 | USD |
CY2020Q1 | us-gaap |
Inventory Finished Goods
InventoryFinishedGoods
|
31033000 | USD |
CY2019Q4 | us-gaap |
Inventory Finished Goods
InventoryFinishedGoods
|
28446000 | USD |
CY2020Q1 | patk |
Inventory Manufactured Goods Net
InventoryManufacturedGoodsNet
|
215345000 | USD |
CY2019Q4 | patk |
Inventory Manufactured Goods Net
InventoryManufacturedGoodsNet
|
194833000 | USD |
CY2020Q1 | us-gaap |
Other Inventory Purchased Goods
OtherInventoryPurchasedGoods
|
60261000 | USD |
CY2019Q4 | us-gaap |
Other Inventory Purchased Goods
OtherInventoryPurchasedGoods
|
60918000 | USD |
CY2020Q1 | patk |
Total Materials Purchased For Resale Distribution Products Net
TotalMaterialsPurchasedForResaleDistributionProductsNet
|
58200000 | USD |
CY2019Q4 | patk |
Total Materials Purchased For Resale Distribution Products Net
TotalMaterialsPurchasedForResaleDistributionProductsNet
|
59037000 | USD |
CY2020Q1 | us-gaap |
Inventory Net
InventoryNet
|
273545000 | USD |
CY2019Q4 | us-gaap |
Inventory Net
InventoryNet
|
253870000 | USD |
CY2020Q1 | us-gaap |
Goodwill Purchase Accounting Adjustments
GoodwillPurchaseAccountingAdjustments
|
780000 | USD |
CY2020Q1 | us-gaap |
Goodwill
Goodwill
|
325916000 | USD |
CY2019Q4 | us-gaap |
Goodwill
Goodwill
|
319349000 | USD |
CY2020Q1 | us-gaap |
Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
|
5787000 | USD |
CY2020Q1 | us-gaap |
Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
|
487954000 | USD |
CY2019Q4 | us-gaap |
Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
|
478734000 | USD |
CY2020Q1 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
131321000 | USD |
CY2019Q4 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
121720000 | USD |
CY2020Q1 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
356633000 | USD |
CY2019Q4 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
357014000 | USD |
CY2019Q4 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
357014000 | USD |
CY2020Q1 | patk |
Intangible Assets Acquired During Period
IntangibleAssetsAcquiredDuringPeriod
|
9220000 | USD |
CY2020Q1 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
9601000 | USD |
CY2020Q1 | us-gaap |
Business Combination Provisional Information Initial Accounting Incomplete Adjustment Intangibles
BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentIntangibles
|
0 | USD |
CY2020Q1 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
356633000 | USD |
CY2020Q1 | us-gaap |
Number Of Businesses Acquired
NumberOfBusinessesAcquired
|
3 | acquisition |
CY2020Q1 | us-gaap |
Business Combination Contingent Consideration Liability
BusinessCombinationContingentConsiderationLiability
|
7800000 | USD |
CY2019Q4 | us-gaap |
Business Combination Contingent Consideration Liability
BusinessCombinationContingentConsiderationLiability
|
9600000 | USD |
CY2020Q1 | us-gaap |
Business Combination Contingent Consideration Arrangements Range Of Outcomes Value High
BusinessCombinationContingentConsiderationArrangementsRangeOfOutcomesValueHigh
|
12300000 | USD |
CY2020Q1 | us-gaap |
Payment For Contingent Consideration Liability Financing Activities
PaymentForContingentConsiderationLiabilityFinancingActivities
|
2000000.0 | USD |
CY2019 | us-gaap |
Number Of Businesses Acquired
NumberOfBusinessesAcquired
|
3 | acquisition |
CY2019 | us-gaap |
Business Combination Consideration Transferred1
BusinessCombinationConsiderationTransferred1
|
53700000 | USD |
CY2020Q1 | patk |
Business Acquisition Pro Forma Amortization Expense
BusinessAcquisitionProFormaAmortizationExpense
|
200000 | USD |
CY2019Q1 | patk |
Business Acquisition Pro Forma Amortization Expense
BusinessAcquisitionProFormaAmortizationExpense
|
600000 | USD |
CY2020Q1 | us-gaap |
Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
|
594586000 | USD |
CY2019Q1 | us-gaap |
Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
|
631265000 | USD |
CY2020Q1 | us-gaap |
Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
|
21763000 | USD |
CY2019Q1 | us-gaap |
Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
|
22338000 | USD |
CY2020Q1 | us-gaap |
Business Acquisition Pro Forma Earnings Per Share Basic
BusinessAcquisitionProFormaEarningsPerShareBasic
|
0.95 | |
CY2019Q1 | us-gaap |
Business Acquisition Pro Forma Earnings Per Share Basic
BusinessAcquisitionProFormaEarningsPerShareBasic
|
0.97 | |
CY2020Q1 | us-gaap |
Business Acquisition Pro Forma Earnings Per Share Diluted
BusinessAcquisitionProFormaEarningsPerShareDiluted
|
0.94 | |
CY2019Q1 | us-gaap |
Business Acquisition Pro Forma Earnings Per Share Diluted
BusinessAcquisitionProFormaEarningsPerShareDiluted
|
0.96 | |
CY2020Q1 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
4300000 | USD |
CY2019Q1 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
3900000 | USD |
CY2020Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
|
258800 | shares |
CY2020Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
|
54.60 | |
CY2020Q1 | patk |
Sharebased Compensation Arrangementby Sharebased Payment Award Equity Instruments Otherthan Options Fair Valueof Shares Granted
SharebasedCompensationArrangementbySharebasedPaymentAwardEquityInstrumentsOtherthanOptionsFairValueofSharesGranted
|
14100000 | USD |
CY2020Q1 | us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
|
29600000 | USD |
CY2020Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
21187000 | USD |
CY2019Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
20849000 | USD |
CY2020Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
23016000 | shares |
CY2019Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
23039000 | shares |
CY2020Q1 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
251000 | shares |
CY2019Q1 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
209000 | shares |
CY2020Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
23267000 | shares |
CY2019Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
23248000 | shares |
CY2020Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.92 | |
CY2019Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.90 | |
CY2020Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.91 | |
CY2019Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.90 | |
CY2020Q1 | us-gaap |
Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
|
705000000 | USD |
CY2019Q4 | us-gaap |
Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
|
705000000 | USD |
CY2020Q1 | us-gaap |
Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
|
21536000 | USD |
CY2019Q4 | us-gaap |
Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
|
23260000 | USD |
CY2020Q1 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
5000000 | USD |
CY2019Q4 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
5000000 | USD |
CY2020Q1 | us-gaap |
Deferred Finance Costs Net
DeferredFinanceCostsNet
|
522000 | USD |
CY2019Q4 | us-gaap |
Deferred Finance Costs Net
DeferredFinanceCostsNet
|
542000 | USD |
CY2020Q1 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
672235000 | USD |
CY2019Q4 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
670354000 | USD |
CY2020Q1 | us-gaap |
Interest Paid Net
InterestPaidNet
|
2600000 | USD |
CY2019Q1 | us-gaap |
Interest Paid Net
InterestPaidNet
|
6500000 | USD |
CY2020Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
-3043000 | USD |
CY2019Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
-1027000 | USD |
CY2020Q1 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
8176000 | USD |
CY2019Q1 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
7787000 | USD |
CY2020Q1 | us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
8084000 | USD |
CY2019Q1 | us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
6724000 | USD |
CY2020Q1 | us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
12428000 | USD |
CY2019Q1 | us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
577000 | USD |
CY2020Q1 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
98291000 | USD |
CY2019Q4 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
93546000 | USD |
CY2020Q1 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
28168000 | USD |
CY2019Q4 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
27694000 | USD |
CY2020Q1 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
70831000 | USD |
CY2019Q4 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
66467000 | USD |
CY2020Q1 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
98999000 | USD |
CY2019Q4 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
94161000 | USD |
CY2020Q1 | us-gaap |
Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
|
P4Y2M12D | |
CY2019Q4 | us-gaap |
Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
|
P4Y2M12D | |
CY2020Q1 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0.036 | |
CY2019Q4 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0.037 | |
CY2020Q1 | us-gaap |
Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
|
23746000 | USD |
CY2020Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
|
27394000 | USD |
CY2020Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
|
21665000 | USD |
CY2020Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
|
15987000 | USD |
CY2020Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
|
10453000 | USD |
CY2020Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
|
7581000 | USD |
CY2020Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
|
106826000 | USD |
CY2020Q1 | us-gaap |
Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
|
7827000 | USD |
CY2020Q1 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
98999000 | USD |
CY2020Q1 | us-gaap |
Cash And Cash Equivalents Fair Value Disclosure
CashAndCashEquivalentsFairValueDisclosure
|
83900000 | USD |
CY2019Q4 | us-gaap |
Cash And Cash Equivalents Fair Value Disclosure
CashAndCashEquivalentsFairValueDisclosure
|
132600000 | USD |
CY2020Q1 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.264 | |
CY2019Q1 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.223 | |
CY2019Q1 | us-gaap |
Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Amount
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitAmount
|
800000 | USD |
CY2020Q1 | us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
0 | USD |
CY2019Q1 | us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
1500000 | USD |
CY2020Q1 | us-gaap |
Number Of Reportable Segments
NumberOfReportableSegments
|
2 | segment |
CY2020Q1 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
589232000 | USD |
CY2019Q1 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
608218000 | USD |
CY2020Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
39279000 | USD |
CY2019Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
35826000 | USD |
CY2020Q1 | us-gaap |
Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
|
50000000 | USD |
CY2020Q1 | us-gaap |
Stock Repurchase Program Remaining Authorized Repurchase Amount1
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1
|
43500000 | USD |
CY2020Q1 | us-gaap |
Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
|
456155 | shares |
CY2020Q1 | us-gaap |
Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
|
34.09 | |
CY2020Q1 | us-gaap |
Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
|
15600000 | USD |