$PATK
PATRICK INDUSTRIES INC

2022 Q3 Form 10-Q Financial Statement

#000007660522000106 Filed on August 04, 2022

View on sec.gov

Income Statement

Concept 2022 Q3 2022 Q2 2022 Q1
Revenue $1.112B $1.476B $1.342B
YoY Change 4.9% 44.68% 57.81%
Cost Of Revenue $875.6M $1.149B $1.047B
YoY Change 2.77% 40.85% 51.95%
Gross Profit $236.5M $327.1M $295.3M
YoY Change 13.59% 59.97% 82.84%
Gross Profit Margin 21.26% 22.17% 22.0%
Selling, General & Admin $124.9M $90.49M $75.56M
YoY Change 94.44% 49.9% 47.49%
% of Gross Profit 52.83% 27.66% 25.58%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $33.28M $32.77M $30.20M
YoY Change 20.66% 25.02% 34.1%
% of Gross Profit 14.08% 10.02% 10.23%
Operating Expenses $143.7M $153.1M $133.6M
YoY Change 25.07% 40.17% 43.57%
Operating Profit $92.76M $174.0M $161.8M
YoY Change -0.55% 82.67% 136.2%
Interest Expense -$15.30M -$14.80M -$14.89M
YoY Change -0.87% 1.52% 33.16%
% of Operating Profit -16.5% -8.51% -9.2%
Other Income/Expense, Net
YoY Change
Pretax Income $77.46M $159.2M $146.9M
YoY Change -0.49% 97.34% 156.31%
Income Tax $18.64M $42.70M $34.20M
% Of Pretax Income 24.06% 26.82% 23.28%
Net Earnings $58.82M $116.5M $112.7M
YoY Change 2.48% 97.55% 137.14%
Net Earnings / Revenue 5.29% 7.9% 8.39%
Basic Earnings Per Share $2.66 $5.24 $5.00
Diluted Earnings Per Share $2.409M $4.79 $4.54
COMMON SHARES
Basic Shares Outstanding 22.86M shares 22.23M shares 22.52M shares
Diluted Shares Outstanding 24.41M shares 24.44M shares 24.88M shares

Balance Sheet

Concept 2022 Q3 2022 Q2 2022 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $53.27M $77.03M $63.85M
YoY Change 18.69% 31.89% 929.77%
Cash & Equivalents $53.27M $77.03M $63.85M
Short-Term Investments
Other Short-Term Assets $34.45M $52.09M $57.36M
YoY Change -12.13% 50.15% 101.96%
Inventory $734.0M $738.9M $698.7M
Prepaid Expenses
Receivables $285.7M $355.4M $354.5M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $1.107B $1.223B $1.174B
YoY Change 28.35% 60.21% 98.43%
LONG-TERM ASSETS
Property, Plant & Equipment $508.0M $339.6M $328.0M
YoY Change 64.31% 13.96% 28.02%
Goodwill $597.6M $605.1M $600.1M
YoY Change 24.78% 33.41% 48.04%
Intangibles $675.4M $684.0M $690.6M
YoY Change 21.04% 21.43% 53.04%
Long-Term Investments
YoY Change
Other Assets $8.177M $7.129M $7.368M
YoY Change 20.44% 7.04% 106.1%
Total Long-Term Assets $1.789B $1.801B $1.797B
YoY Change 19.63% 23.3% 44.56%
TOTAL ASSETS
Total Short-Term Assets $1.107B $1.223B $1.174B
Total Long-Term Assets $1.789B $1.801B $1.797B
Total Assets $2.897B $3.025B $2.971B
YoY Change 22.82% 35.97% 61.94%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $188.7M $219.3M $240.7M
YoY Change -13.9% 33.2% 56.0%
Accrued Expenses $239.7M $203.4M $205.3M
YoY Change 64.34% 68.51% 94.5%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $7.500M $7.500M $7.500M
YoY Change 0.0% 0.0% 0.0%
Total Short-Term Liabilities $435.9M $473.4M $496.3M
YoY Change 6.45% 43.98% 65.52%
LONG-TERM LIABILITIES
Long-Term Debt $1.333B $1.475B $1.490B
YoY Change 23.74% 36.94% 89.58%
Other Long-Term Liabilities $137.8M $13.37M $14.22M
YoY Change 521.41% -38.2% -27.39%
Total Long-Term Liabilities $1.471B $1.488B $1.504B
YoY Change 33.77% 35.46% 86.74%
TOTAL LIABILITIES
Total Short-Term Liabilities $435.9M $473.4M $496.3M
Total Long-Term Liabilities $1.471B $1.488B $1.504B
Total Liabilities $1.950B $2.127B $2.171B
YoY Change 17.02% 34.51% 75.17%
SHAREHOLDERS EQUITY
Retained Earnings $752.9M $707.8M $613.0M
YoY Change 58.28% 56.1% 52.82%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $946.7M $897.6M $800.0M
YoY Change
Total Liabilities & Shareholders Equity $2.897B $3.025B $2.971B
YoY Change 22.82% 35.97% 61.94%

Cashflow Statement

Concept 2022 Q3 2022 Q2 2022 Q1
OPERATING ACTIVITIES
Net Income $58.82M $116.5M $112.7M
YoY Change 2.48% 97.55% 137.14%
Depreciation, Depletion And Amortization $33.28M $32.77M $30.20M
YoY Change 20.66% 25.02% 34.1%
Cash From Operating Activities $155.5M $97.34M -$23.04M
YoY Change 126.46% 242.19% -145.81%
INVESTING ACTIVITIES
Capital Expenditures -$18.97M -$25.80M $18.67M
YoY Change 6.51% 112.42% 31.1%
Acquisitions $131.6M
YoY Change 355.92%
Other Investing Activities -$2.354M -$18.64M $0.00
YoY Change -94.77% -91.67% -100.0%
Cash From Investing Activities -$21.32M -$44.44M -$143.1M
YoY Change -66.06% -81.16% 217.72%
FINANCING ACTIVITIES
Cash Dividend Paid $8.288M
YoY Change 26.09%
Common Stock Issuance & Retirement, Net $24.78M
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -157.9M -39.72M $107.2M
YoY Change 715.45% -115.3% -344.41%
NET CHANGE
Cash From Operating Activities 155.5M 97.34M -$23.04M
Cash From Investing Activities -21.32M -44.44M -$143.1M
Cash From Financing Activities -157.9M -39.72M $107.2M
Net Change In Cash -23.76M 13.18M -$59.00M
YoY Change 75.71% -74.72% 52.87%
FREE CASH FLOW
Cash From Operating Activities $155.5M $97.34M -$23.04M
Capital Expenditures -$18.97M -$25.80M $18.67M
Free Cash Flow $174.5M $123.1M -$41.71M
YoY Change 101.76% 203.36% -215.68%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
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dei Current Fiscal Year End Date
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dei Document Fiscal Year Focus
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dei Trading Symbol
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dei Entity Registrant Name
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PATRICK INDUSTRIES, INC.
dei Entity Incorporation State Country Code
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dei Entity Tax Identification Number
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us-gaap Increase Decrease In Inventories
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us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
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us-gaap Net Cash Provided By Used In Operating Activities
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us-gaap Net Cash Provided By Used In Operating Activities
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us-gaap Payments To Acquire Property Plant And Equipment
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us-gaap Payments To Acquire Property Plant And Equipment
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us-gaap Proceeds From Sale Of Property Plant And Equipment
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us-gaap Proceeds From Sale Of Property Plant And Equipment
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us-gaap Payments To Acquire Businesses Net Of Cash Acquired
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us-gaap Payments To Acquire Businesses Net Of Cash Acquired
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252660000 usd
us-gaap Payments For Proceeds From Other Investing Activities
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us-gaap Payments For Proceeds From Other Investing Activities
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us-gaap Net Cash Provided By Used In Investing Activities
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us-gaap Net Cash Provided By Used In Investing Activities
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us-gaap Proceeds From Issuance Of Other Long Term Debt
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us-gaap Repayments Of Debt
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us-gaap Repayments Of Debt
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us-gaap Proceeds From Lines Of Credit
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us-gaap Proceeds From Lines Of Credit
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us-gaap Repayments Of Lines Of Credit
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us-gaap Proceeds From Issuance Of Secured Debt
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us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
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us-gaap Payments For Repurchase Of Common Stock
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us-gaap Payments For Repurchase Of Common Stock
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us-gaap Payments Of Dividends
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us-gaap Payments Of Dividends
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us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
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us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
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us-gaap Payments Of Financing Costs
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us-gaap Payments Of Financing Costs
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us-gaap Payment For Contingent Consideration Liability Financing Activities
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us-gaap Payment For Contingent Consideration Liability Financing Activities
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us-gaap Proceeds From Stock Options Exercised
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us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
4577000 usd
CY2022Q2 us-gaap Stockholders Equity
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us-gaap Net Cash Provided By Used In Financing Activities
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us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
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us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
13635000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
122849000 usd
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
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CY2022Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
77025000 usd
CY2021Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
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CY2022Q1 us-gaap Stockholders Equity
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CY2022Q2 us-gaap Net Income Loss
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CY2022Q2 us-gaap Dividends
Dividends
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CY2022Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
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CY2022Q2 us-gaap Stock Repurchased During Period Value
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CY2022Q2 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
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StockIssuedDuringPeriodValueStockOptionsExercised
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CY2022Q2 us-gaap Stock Granted During Period Value Sharebased Compensation
StockGrantedDuringPeriodValueSharebasedCompensation
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CY2021Q1 us-gaap Stockholders Equity
StockholdersEquity
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CY2021Q2 us-gaap Net Income Loss
NetIncomeLoss
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CY2021Q2 us-gaap Dividends
Dividends
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CY2021Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
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CY2021Q2 us-gaap Stock Repurchased During Period Value
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CY2021Q2 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
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CY2021Q2 us-gaap Stock Issued During Period Value Acquisitions
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CY2021Q2 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
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CY2021Q2 us-gaap Stock Granted During Period Value Sharebased Compensation
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CY2021Q2 us-gaap Stockholders Equity
StockholdersEquity
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CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
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us-gaap Net Income Loss
NetIncomeLoss
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us-gaap Dividends
Dividends
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us-gaap Other Comprehensive Income Loss Net Of Tax
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us-gaap Stock Repurchased During Period Value
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us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
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us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
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us-gaap Stock Granted During Period Value Sharebased Compensation
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CY2022Q2 us-gaap Stockholders Equity
StockholdersEquity
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CY2020Q4 us-gaap Stockholders Equity
StockholdersEquity
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us-gaap Net Income Loss
NetIncomeLoss
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us-gaap Dividends
Dividends
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us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
1923000 usd
us-gaap Stock Repurchased During Period Value
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us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
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us-gaap Stock Issued During Period Value Acquisitions
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us-gaap Stock Issued During Period Value Stock Options Exercised
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us-gaap Stock Granted During Period Value Sharebased Compensation
StockGrantedDuringPeriodValueSharebasedCompensation
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CY2021Q2 us-gaap Stockholders Equity
StockholdersEquity
643271000 usd
us-gaap Fiscal Period
FiscalPeriod
The Company maintains its financial records on the basis of a fiscal year ending on December 31, with the fiscal quarters spanning approximately thirteen weeks. The first quarter ends on the Sunday closest to the end of the first thirteen-week period. The second and third quarters are thirteen weeks in duration and the fourth quarter is the remainder of the year. The second quarter of fiscal year 2022 ended on June 26, 2022 and the second quarter of fiscal year 2021 ended on June 27, 2021.
CY2022Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1475693000 usd
CY2021Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1019953000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2817868000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1870436000 usd
CY2022Q2 us-gaap Inventory Raw Materials
InventoryRawMaterials
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CY2021Q4 us-gaap Inventory Raw Materials
InventoryRawMaterials
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CY2022Q2 us-gaap Inventory Work In Process
InventoryWorkInProcess
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CY2021Q4 us-gaap Inventory Work In Process
InventoryWorkInProcess
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CY2022Q2 us-gaap Inventory Finished Goods
InventoryFinishedGoods
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CY2021Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
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CY2022Q2 patk Inventory Manufactured Goods Net
InventoryManufacturedGoodsNet
523099000 usd
CY2021Q4 patk Inventory Manufactured Goods Net
InventoryManufacturedGoodsNet
438260000 usd
CY2022Q2 us-gaap Other Inventory Purchased Goods
OtherInventoryPurchasedGoods
221717000 usd
CY2021Q4 us-gaap Other Inventory Purchased Goods
OtherInventoryPurchasedGoods
181921000 usd
CY2022Q2 patk Total Materials Purchased For Resale Distribution Products Net
TotalMaterialsPurchasedForResaleDistributionProductsNet
215809000 usd
CY2021Q4 patk Total Materials Purchased For Resale Distribution Products Net
TotalMaterialsPurchasedForResaleDistributionProductsNet
176096000 usd
CY2022Q2 us-gaap Inventory Net
InventoryNet
738908000 usd
CY2021Q4 us-gaap Inventory Net
InventoryNet
614356000 usd
CY2021Q4 us-gaap Goodwill
Goodwill
551377000 usd
us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
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us-gaap Goodwill Purchase Accounting Adjustments
GoodwillPurchaseAccountingAdjustments
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CY2022Q2 us-gaap Goodwill
Goodwill
605086000 usd
CY2022Q2 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
933972000 usd
CY2021Q4 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
855033000 usd
CY2022Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
249983000 usd
CY2021Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
214577000 usd
CY2022Q2 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
683989000 usd
CY2021Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
640456000 usd
CY2021Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
640456000 usd
patk Intangible Assets Acquired During Period
IntangibleAssetsAcquiredDuringPeriod
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us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
35406000 usd
us-gaap Business Combination Provisional Information Initial Accounting Incomplete Adjustment Intangibles
BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentIntangibles
379000 usd
CY2022Q2 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
683989000 usd
CY2022Q2 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Intangibles
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibles
77890000 usd
CY2021Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Intangibles
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibles
245924000 usd
CY2022Q2 patk Business Acquisition Pro Forma Amortization Expense
BusinessAcquisitionProFormaAmortizationExpense
100000 usd
patk Business Acquisition Pro Forma Amortization Expense
BusinessAcquisitionProFormaAmortizationExpense
1100000 usd
CY2021Q2 patk Business Acquisition Pro Forma Amortization Expense
BusinessAcquisitionProFormaAmortizationExpense
4600000 usd
patk Business Acquisition Pro Forma Amortization Expense
BusinessAcquisitionProFormaAmortizationExpense
10800000 usd
CY2022Q2 us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
1478392000 usd
CY2021Q2 us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
1123924000 usd
us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
2852364000 usd
us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
2114986000 usd
CY2022Q2 us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
116560000 usd
CY2021Q2 us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
69338000 usd
us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
231928000 usd
us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
128097000 usd
CY2022Q2 us-gaap Business Acquisition Pro Forma Earnings Per Share Basic
BusinessAcquisitionProFormaEarningsPerShareBasic
5.24
CY2021Q2 us-gaap Business Acquisition Pro Forma Earnings Per Share Basic
BusinessAcquisitionProFormaEarningsPerShareBasic
3.02
us-gaap Business Acquisition Pro Forma Earnings Per Share Basic
BusinessAcquisitionProFormaEarningsPerShareBasic
10.37
us-gaap Business Acquisition Pro Forma Earnings Per Share Basic
BusinessAcquisitionProFormaEarningsPerShareBasic
5.61
CY2022Q2 us-gaap Business Acquisition Pro Forma Earnings Per Share Diluted
BusinessAcquisitionProFormaEarningsPerShareDiluted
4.79
CY2021Q2 us-gaap Business Acquisition Pro Forma Earnings Per Share Diluted
BusinessAcquisitionProFormaEarningsPerShareDiluted
2.96
us-gaap Business Acquisition Pro Forma Earnings Per Share Diluted
BusinessAcquisitionProFormaEarningsPerShareDiluted
9.44
us-gaap Business Acquisition Pro Forma Earnings Per Share Diluted
BusinessAcquisitionProFormaEarningsPerShareDiluted
5.48
CY2022Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
5100000 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
10200000 usd
CY2021Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
6000000 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
10300000 usd
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
235869 shares
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
64.63
patk Sharebased Compensation Arrangementby Sharebased Payment Award Equity Instruments Otherthan Options Fair Valueof Shares Granted
SharebasedCompensationArrangementbySharebasedPaymentAwardEquityInstrumentsOtherthanOptionsFairValueofSharesGranted
15200000 usd
CY2022Q2 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
30900000 usd
CY2022Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
116524000 usd
CY2021Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
58985000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
229197000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
106498000 usd
CY2022Q2 us-gaap Dilutive Securities
DilutiveSecurities
481000 usd
CY2021Q2 us-gaap Dilutive Securities
DilutiveSecurities
0 usd
us-gaap Dilutive Securities
DilutiveSecurities
939000 usd
us-gaap Dilutive Securities
DilutiveSecurities
0 usd
CY2022Q2 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
117005000 usd
CY2021Q2 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
58985000 usd
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
230136000 usd
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
106498000 usd
CY2022Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
22230000 shares
CY2021Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
22948000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
22369000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
22844000 shares
CY2022Q2 us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
2052000 shares
CY2021Q2 us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
0 shares
us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
2047000 shares
us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
0 shares
CY2022Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
162000 shares
CY2021Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
487000 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
239000 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
516000 shares
CY2022Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
24444000 shares
CY2021Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
23435000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
24655000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
23360000 shares
CY2022Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
5.24
CY2021Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.57
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
10.25
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
4.66
CY2022Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
4.79
CY2021Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.52
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
9.33
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
4.56
CY2022Q2 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
1498750000 usd
CY2021Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
1360625000 usd
CY2022Q2 us-gaap Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
7275000 usd
CY2021Q4 us-gaap Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
64245000 usd
CY2022Q2 us-gaap Long Term Debt Current
LongTermDebtCurrent
7500000 usd
CY2021Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
7500000 usd
CY2022Q2 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
1474743000 usd
CY2021Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
1278989000 usd
CY2022Q2 us-gaap Interest Paid Net
InterestPaidNet
23900000 usd
CY2021Q2 us-gaap Interest Paid Net
InterestPaidNet
14100000 usd
us-gaap Interest Paid Net
InterestPaidNet
27100000 usd
us-gaap Interest Paid Net
InterestPaidNet
17400000 usd
CY2022Q2 us-gaap Operating Lease Cost
OperatingLeaseCost
12563000 usd
CY2021Q2 us-gaap Operating Lease Cost
OperatingLeaseCost
10353000 usd
CY2022Q2 us-gaap Operating Lease Payments
OperatingLeasePayments
12308000 usd
CY2021Q2 us-gaap Operating Lease Payments
OperatingLeasePayments
10117000 usd
CY2022Q2 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
6007000 usd
CY2021Q2 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
24806000 usd
us-gaap Operating Lease Cost
OperatingLeaseCost
24727000 usd
us-gaap Operating Lease Cost
OperatingLeaseCost
19938000 usd
us-gaap Operating Lease Payments
OperatingLeasePayments
24235000 usd
us-gaap Operating Lease Payments
OperatingLeasePayments
19504000 usd
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
29732000 usd
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
39991000 usd
CY2022Q2 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
165631000 usd
CY2021Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
158183000 usd
CY2022Q2 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
43211000 usd
CY2021Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
40301000 usd
CY2022Q2 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
125198000 usd
CY2021Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
120161000 usd
CY2022Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
168409000 usd
CY2021Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
160462000 usd
CY2022Q2 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P5Y2M12D
CY2021Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P5Y1M6D
CY2022Q2 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.038
CY2021Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.038
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
24868000 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
46133000 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
38068000 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
28319000 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
18379000 usd
CY2022Q2 patk Lessee Operating Lease Liability To Be Paid After Year Four
LesseeOperatingLeaseLiabilityToBePaidAfterYearFour
31741000 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
187508000 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
19099000 usd
CY2022Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
168409000 usd
CY2022Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.268
CY2021Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.269
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.251
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.228
us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Amount
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitAmount
4000000 usd
us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Amount
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitAmount
5700000 usd
CY2022Q2 us-gaap Income Taxes Paid
IncomeTaxesPaid
58100000 usd
us-gaap Income Taxes Paid
IncomeTaxesPaid
76500000 usd
us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
260000 shares
CY2021Q2 us-gaap Income Taxes Paid
IncomeTaxesPaid
24000000 usd
us-gaap Income Taxes Paid
IncomeTaxesPaid
24100000 usd
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2 segment
CY2022Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1475693000 usd
CY2021Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1019953000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2817868000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1870436000 usd
CY2022Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
174027000 usd
CY2021Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
95266000 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
335782000 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
163747000 usd
CY2022Q2 us-gaap Assets
Assets
3024831000 usd
CY2021Q4 us-gaap Assets
Assets
2650731000 usd
CY2022Q1 us-gaap Stock Repurchase Program Period In Force1
StockRepurchaseProgramPeriodInForce1
P24M
CY2022Q1 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
100000000 usd
CY2022Q1 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount1
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1
11000000 usd
CY2022Q2 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount1
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1
70300000 usd
CY2022Q2 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
288627 shares
CY2022Q2 us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
57.28
CY2022Q2 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
16500000 usd
us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
654254 shares
us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
63.14
us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
41300000 usd
CY2021Q2 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
260000 shares
us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
82.89
CY2021Q2 us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
82.89
CY2021Q2 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
21600000 usd
us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
21600000 usd
CY2022Q1 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
5500000 usd

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