2018 Q3 Form 10-Q Financial Statement
#000162828018013732 Filed on November 06, 2018
Income Statement
| Concept | 2018 Q3 | 2017 Q3 |
|---|---|---|
| Revenue | $694.7M | $634.2M |
| YoY Change | 9.54% | 42.42% |
| Cost Of Revenue | $471.8M | $409.5M |
| YoY Change | 15.2% | 43.65% |
| Gross Profit | $222.9M | $224.6M |
| YoY Change | -0.79% | 40.31% |
| Gross Profit Margin | 32.08% | 35.42% |
| Selling, General & Admin | $59.50M | $58.10M |
| YoY Change | 2.41% | -23.05% |
| % of Gross Profit | 26.7% | 25.86% |
| Research & Development | ||
| YoY Change | ||
| % of Gross Profit | ||
| Depreciation & Amortization | $53.49M | $48.48M |
| YoY Change | 10.34% | 22.74% |
| % of Gross Profit | 24.0% | 21.58% |
| Operating Expenses | $113.4M | $103.1M |
| YoY Change | 9.99% | -8.68% |
| Operating Profit | $108.2M | $113.9M |
| YoY Change | -5.04% | 141.34% |
| Interest Expense | $28.89M | $28.92M |
| YoY Change | -0.11% | -212.97% |
| % of Operating Profit | 26.71% | 25.39% |
| Other Income/Expense, Net | $3.371M | $2.716M |
| YoY Change | 24.12% | -401.78% |
| Pretax Income | $94.76M | -$414.0M |
| YoY Change | -122.89% | -2129.64% |
| Income Tax | $20.80M | -$498.3M |
| % Of Pretax Income | 21.95% | |
| Net Earnings | $73.99M | $84.29M |
| YoY Change | -12.21% | 529.01% |
| Net Earnings / Revenue | 10.65% | 13.29% |
| Basic Earnings Per Share | $0.64 | $0.74 |
| Diluted Earnings Per Share | $0.64 | $0.73 |
| COMMON SHARES | ||
| Basic Shares Outstanding | ||
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2018 Q3 | 2017 Q3 |
|---|---|---|
| SHORT-TERM ASSETS | ||
| Cash & Short-Term Investments | $64.90M | $353.1M |
| YoY Change | -81.62% | 3738.04% |
| Cash & Equivalents | $128.5M | $287.1M |
| Short-Term Investments | ||
| Other Short-Term Assets | $15.70M | $12.40M |
| YoY Change | 26.61% | 55.0% |
| Inventory | $277.4M | $212.1M |
| Prepaid Expenses | ||
| Receivables | $301.4M | $247.2M |
| Other Receivables | $300.0K | $300.0K |
| Total Short-Term Assets | $659.7M | $825.1M |
| YoY Change | -20.05% | 90.12% |
| LONG-TERM ASSETS | ||
| Property, Plant & Equipment | $1.752B | $1.556B |
| YoY Change | 12.6% | 8.1% |
| Goodwill | ||
| YoY Change | ||
| Intangibles | ||
| YoY Change | ||
| Long-Term Investments | ||
| YoY Change | ||
| Other Assets | $318.4M | $48.40M |
| YoY Change | 557.85% | 5.22% |
| Total Long-Term Assets | $3.237B | $2.540B |
| YoY Change | 27.42% | 11.97% |
| TOTAL ASSETS | ||
| Total Short-Term Assets | $659.7M | $825.1M |
| Total Long-Term Assets | $3.237B | $2.540B |
| Total Assets | $3.896B | $3.365B |
| YoY Change | 15.78% | 24.52% |
| SHORT-TERM LIABILITIES | ||
| YoY Change | ||
| Accounts Payable | $140.2M | $116.8M |
| YoY Change | 20.03% | 12.74% |
| Accrued Expenses | $99.30M | $99.40M |
| YoY Change | -0.1% | 5.3% |
| Deferred Revenue | ||
| YoY Change | ||
| Short-Term Debt | $0.00 | $0.00 |
| YoY Change | ||
| Long-Term Debt Due | $19.70M | $26.30M |
| YoY Change | -25.1% | -20.54% |
| Total Short-Term Liabilities | $286.4M | $277.2M |
| YoY Change | 3.32% | 7.23% |
| LONG-TERM LIABILITIES | ||
| Long-Term Debt | $1.808B | $1.808B |
| YoY Change | 0.03% | 19.19% |
| Other Long-Term Liabilities | $442.9M | $167.3M |
| YoY Change | 164.73% | 12.28% |
| Total Long-Term Liabilities | $2.251B | $1.975B |
| YoY Change | 13.98% | 18.57% |
| TOTAL LIABILITIES | ||
| Total Short-Term Liabilities | $286.4M | $277.2M |
| Total Long-Term Liabilities | $2.251B | $1.975B |
| Total Liabilities | $2.552B | $2.266B |
| YoY Change | 12.62% | 12.14% |
| SHAREHOLDERS EQUITY | ||
| Retained Earnings | ||
| YoY Change | ||
| Common Stock | ||
| YoY Change | ||
| Preferred Stock | ||
| YoY Change | ||
| Treasury Stock (at cost) | ||
| YoY Change | ||
| Treasury Stock Shares | ||
| Shareholders Equity | $1.345B | $1.100B |
| YoY Change | ||
| Total Liabilities & Shareholders Equity | $3.896B | $3.365B |
| YoY Change | 15.78% | 24.52% |
Cashflow Statement
| Concept | 2018 Q3 | 2017 Q3 |
|---|---|---|
| OPERATING ACTIVITIES | ||
| Net Income | $73.99M | $84.29M |
| YoY Change | -12.21% | 529.01% |
| Depreciation, Depletion And Amortization | $53.49M | $48.48M |
| YoY Change | 10.34% | 22.74% |
| Cash From Operating Activities | $104.3M | $56.60M |
| YoY Change | 84.28% | 265.16% |
| INVESTING ACTIVITIES | ||
| Capital Expenditures | -$52.10M | -$58.00M |
| YoY Change | -10.17% | 10.27% |
| Acquisitions | ||
| YoY Change | ||
| Other Investing Activities | -$29.80M | -$97.60M |
| YoY Change | -69.47% | 129.11% |
| Cash From Investing Activities | -$81.90M | -$155.6M |
| YoY Change | -47.37% | 63.45% |
| FINANCING ACTIVITIES | ||
| Cash Dividend Paid | ||
| YoY Change | ||
| Common Stock Issuance & Retirement, Net | ||
| YoY Change | ||
| Debt Paid & Issued, Net | ||
| YoY Change | ||
| Cash From Financing Activities | -7.900M | 295.8M |
| YoY Change | -102.67% | -8800.0% |
| NET CHANGE | ||
| Cash From Operating Activities | 104.3M | 56.60M |
| Cash From Investing Activities | -81.90M | -155.6M |
| Cash From Financing Activities | -7.900M | 295.8M |
| Net Change In Cash | 14.50M | 196.8M |
| YoY Change | -92.63% | -336.82% |
| FREE CASH FLOW | ||
| Cash From Operating Activities | $104.3M | $56.60M |
| Capital Expenditures | -$52.10M | -$58.00M |
| Free Cash Flow | $156.4M | $114.6M |
| YoY Change | 36.47% | 68.28% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| us-gaap |
Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
|
18810000 | USD | |
| us-gaap |
Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
|
15615000 | USD | |
| CY2017Q4 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
6698000 | USD |
| CY2018Q3 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
7819000 | USD |
| CY2018Q3 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
|
412000 | USD |
| CY2018Q3 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
|
1482000 | USD |
| CY2018Q3 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
|
1475000 | USD |
| CY2018Q3 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
|
1511000 | USD |
| CY2018Q3 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
|
1588000 | USD |
| CY2018Q3 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
59457000 | USD |
| CY2017Q3 | us-gaap |
Gain Loss On Sale Of Business
GainLossOnSaleOfBusiness
|
0 | USD |
| CY2018Q3 | us-gaap |
Gain Loss On Sale Of Business
GainLossOnSaleOfBusiness
|
12108000 | USD |
| CY2017Q3 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
59175000 | USD |
| CY2017Q3 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-414046000 | USD |
| CY2018Q3 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
94757000 | USD |
| CY2017Q3 | us-gaap |
Income Tax Examination Penalties And Interest Expense
IncomeTaxExaminationPenaltiesAndInterestExpense
|
0 | USD |
| us-gaap |
Income Tax Examination Penalties And Interest Expense
IncomeTaxExaminationPenaltiesAndInterestExpense
|
0 | USD | |
| CY2018Q3 | us-gaap |
Income Tax Examination Penalties And Interest Expense
IncomeTaxExaminationPenaltiesAndInterestExpense
|
0 | USD |
| us-gaap |
Income Tax Examination Penalties And Interest Expense
IncomeTaxExaminationPenaltiesAndInterestExpense
|
0 | USD | |
| CY2017Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-498333000 | USD |
| CY2018Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
20765000 | USD |
| CY2017Q3 | us-gaap |
Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
|
-29600000 | USD |
| CY2017Q3 | us-gaap |
Interest Expense
InterestExpense
|
28921000 | USD |
| CY2018Q3 | us-gaap |
Interest Expense
InterestExpense
|
28889000 | USD |
| CY2017Q4 | us-gaap |
Liability For Uncertain Tax Positions Noncurrent
LiabilityForUncertainTaxPositionsNoncurrent
|
0 | USD |
| CY2018Q3 | us-gaap |
Liability For Uncertain Tax Positions Noncurrent
LiabilityForUncertainTaxPositionsNoncurrent
|
0 | USD |
| CY2018Q3 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
|
256354000 | USD |
| CY2018Q3 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
|
6354000 | USD |
| CY2018Q3 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
|
7942000 | USD |
| CY2018Q3 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
|
6354000 | USD |
| CY2018Q3 | us-gaap |
Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year
LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear
|
0 | USD |
| CY2016Q4 | us-gaap |
Minority Interest Ownership Percentage By Parent
MinorityInterestOwnershipPercentageByParent
|
0.950 | |
| CY2017Q3 | us-gaap |
Minority Interest Ownership Percentage By Parent
MinorityInterestOwnershipPercentageByParent
|
0.966 | |
| CY2017Q4 | us-gaap |
Minority Interest Ownership Percentage By Parent
MinorityInterestOwnershipPercentageByParent
|
0.968 | |
| CY2018Q3 | us-gaap |
Minority Interest Ownership Percentage By Parent
MinorityInterestOwnershipPercentageByParent
|
0.970 | |
| CY2017Q3 | us-gaap |
Net Income Loss Attributable To Parent Diluted
NetIncomeLossAttributableToParentDiluted
|
81264000 | USD |
| us-gaap |
Net Income Loss Attributable To Parent Diluted
NetIncomeLossAttributableToParentDiluted
|
78820000 | USD | |
| CY2018Q3 | us-gaap |
Net Income Loss Attributable To Parent Diluted
NetIncomeLossAttributableToParentDiluted
|
71289000 | USD |
| us-gaap |
Net Income Loss Attributable To Parent Diluted
NetIncomeLossAttributableToParentDiluted
|
53069000 | USD | |
| CY2017Q3 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
81264000 | USD |
| CY2018Q3 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
71289000 | USD |
| us-gaap |
Number Of Operating Segments
NumberOfOperatingSegments
|
3 | segment | |
| us-gaap |
Number Of Reportable Segments
NumberOfReportableSegments
|
3 | segment | |
| CY2018Q3 | us-gaap |
Number Of States In Which Entity Operates
NumberOfStatesInWhichEntityOperates
|
23 | state |
| CY2017Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
113911000 | USD |
| CY2018Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
108167000 | USD |
| us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
8172000 | USD | |
| us-gaap |
Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax
|
397000 | USD | |
| us-gaap |
Other Comprehensive Income Derivatives Qualifying As Hedges Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent
|
368000 | USD | |
| CY2017Q3 | us-gaap |
Other Comprehensive Income Loss Finalization Of Pension And Non Pension Postretirement Plan Valuation Before Tax
OtherComprehensiveIncomeLossFinalizationOfPensionAndNonPensionPostretirementPlanValuationBeforeTax
|
0 | USD |
| us-gaap |
Other Comprehensive Income Loss Finalization Of Pension And Non Pension Postretirement Plan Valuation Before Tax
OtherComprehensiveIncomeLossFinalizationOfPensionAndNonPensionPostretirementPlanValuationBeforeTax
|
413000 | USD | |
| CY2018Q3 | us-gaap |
Other Comprehensive Income Loss Finalization Of Pension And Non Pension Postretirement Plan Valuation Before Tax
OtherComprehensiveIncomeLossFinalizationOfPensionAndNonPensionPostretirementPlanValuationBeforeTax
|
0 | USD |
| us-gaap |
Other Comprehensive Income Loss Finalization Of Pension And Non Pension Postretirement Plan Valuation Before Tax
OtherComprehensiveIncomeLossFinalizationOfPensionAndNonPensionPostretirementPlanValuationBeforeTax
|
0 | USD | |
| CY2017Q3 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax
|
4374000 | USD |
| CY2018Q3 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax
|
1970000 | USD |
| CY2017Q3 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
4586000 | USD |
| CY2018Q3 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
1550000 | USD |
| CY2017Q3 | us-gaap |
Other Comprehensive Income Loss Tax Portion Attributable To Parent1
OtherComprehensiveIncomeLossTaxPortionAttributableToParent1
|
0 | USD |
| CY2018Q3 | us-gaap |
Other Comprehensive Income Loss Tax Portion Attributable To Parent1
OtherComprehensiveIncomeLossTaxPortionAttributableToParent1
|
507000 | USD |
| CY2017Q3 | us-gaap |
Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax
|
212000 | USD |
| CY2018Q3 | us-gaap |
Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax
|
87000 | USD |
| CY2017Q3 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
2716000 | USD |
| CY2018Q3 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
3371000 | USD |
| us-gaap |
Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
5317000 | USD | |
| CY2017Q3 | us-gaap |
Profit Loss
ProfitLoss
|
84287000 | USD |
| CY2018Q3 | us-gaap |
Profit Loss
ProfitLoss
|
73992000 | USD |
| CY2017Q3 | us-gaap |
Revenues
Revenues
|
634181000 | USD |
| CY2018Q3 | us-gaap |
Revenues
Revenues
|
694661000 | USD |
| CY2017Q3 | us-gaap |
Sales Revenue Goods Net
SalesRevenueGoodsNet
|
465556000 | USD |
| CY2018Q3 | us-gaap |
Sales Revenue Goods Net
SalesRevenueGoodsNet
|
512822000 | USD |
| CY2017Q3 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
574387000 | USD |
| CY2018Q3 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
625017000 | USD |
| CY2017Q3 | us-gaap |
Sales Revenue Services Net
SalesRevenueServicesNet
|
108831000 | USD |
| CY2018Q3 | us-gaap |
Sales Revenue Services Net
SalesRevenueServicesNet
|
112195000 | USD |
| us-gaap |
Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
|
-532000000 | USD | |
| us-gaap |
Write Off Of Deferred Debt Issuance Cost
WriteOffOfDeferredDebtIssuanceCost
|
45000 | USD | |
| dei |
Amendment Flag
AmendmentFlag
|
false | ||
| dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-29 | ||
| dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
Q3 | ||
| dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2018 | ||
| dei |
Document Period End Date
DocumentPeriodEndDate
|
2018-09-29 | ||
| dei |
Document Type
DocumentType
|
10-Q | ||
| dei |
Entity Central Index Key
EntityCentralIndexKey
|
0001621563 | ||
| dei |
Entity Filer Category
EntityFilerCategory
|
Large Accelerated Filer | ||
| dei |
Entity Registrant Name
EntityRegistrantName
|
Summit Materials, Inc. | ||
| CY2017Q3 | sum |
Adjusted Earnings Before Interest Income Taxes Depreciation And Amortization
AdjustedEarningsBeforeInterestIncomeTaxesDepreciationAndAmortization
|
172701000 | USD |
| sum |
Adjusted Earnings Before Interest Income Taxes Depreciation And Amortization
AdjustedEarningsBeforeInterestIncomeTaxesDepreciationAndAmortization
|
321566000 | USD | |
| CY2018Q3 | sum |
Adjusted Earnings Before Interest Income Taxes Depreciation And Amortization
AdjustedEarningsBeforeInterestIncomeTaxesDepreciationAndAmortization
|
172006000 | USD |
| CY2017Q3 | sum |
Comprehensive Income Loss Net Of Tax Attributable To Noncontrolling Interest Excluding Portion Attributable To Noncontrolling Interest Of Wholly Owned Indirect Subsidiary Of Registrant
ComprehensiveIncomeLossNetOfTaxAttributableToNoncontrollingInterestExcludingPortionAttributableToNoncontrollingInterestOfWhollyOwnedIndirectSubsidiaryOfRegistrant
|
3135000 | USD |
| CY2018Q3 | sum |
Comprehensive Income Loss Net Of Tax Attributable To Noncontrolling Interest Excluding Portion Attributable To Noncontrolling Interest Of Wholly Owned Indirect Subsidiary Of Registrant
ComprehensiveIncomeLossNetOfTaxAttributableToNoncontrollingInterestExcludingPortionAttributableToNoncontrollingInterestOfWhollyOwnedIndirectSubsidiaryOfRegistrant
|
5505000 | USD |
| CY2017Q3 | sum |
Comprehensive Income Loss Net Of Tax Attributable To Noncontrolling Interest Of Wholly Owned Indirect Subsidiary Of Registrant
ComprehensiveIncomeLossNetOfTaxAttributableToNoncontrollingInterestOfWhollyOwnedIndirectSubsidiaryOfRegistrant
|
59000 | USD |
| CY2018Q3 | sum |
Comprehensive Income Loss Net Of Tax Attributable To Noncontrolling Interest Of Wholly Owned Indirect Subsidiary Of Registrant
ComprehensiveIncomeLossNetOfTaxAttributableToNoncontrollingInterestOfWhollyOwnedIndirectSubsidiaryOfRegistrant
|
0 | USD |
| CY2017Q3 | sum |
Delivery And Subcontract Cost
DeliveryAndSubcontractCost
|
59794000 | USD |
| CY2018Q3 | sum |
Delivery And Subcontract Cost
DeliveryAndSubcontractCost
|
69644000 | USD |
| CY2017Q3 | sum |
Delivery And Subcontract Revenue
DeliveryAndSubcontractRevenue
|
59794000 | USD |
| CY2018Q3 | sum |
Delivery And Subcontract Revenue
DeliveryAndSubcontractRevenue
|
69644000 | USD |
| CY2017Q3 | sum |
Depreciation Depletion Amortization And Accretion
DepreciationDepletionAmortizationAndAccretion
|
48969000 | USD |
| CY2018Q3 | sum |
Depreciation Depletion Amortization And Accretion
DepreciationDepletionAmortizationAndAccretion
|
53974000 | USD |
| CY2018Q3 | sum |
Finite Lived Intangible Assets Amortization Expense After Year Six
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearSix
|
11074000 | USD |
| CY2018Q3 | sum |
Finite Lived Intangible Assets Amortization Expense Year Six
FiniteLivedIntangibleAssetsAmortizationExpenseYearSix
|
1350000 | USD |
| CY2017Q3 | sum |
Gain Loss On Debt Financing
GainLossOnDebtFinancing
|
0 | USD |
| CY2018Q3 | sum |
Gain Loss On Debt Financing
GainLossOnDebtFinancing
|
0 | USD |
| CY2018Q3 | sum |
Long Term Debt Maturities Repayments Of Principal After Year Six
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearSix
|
897252000 | USD |
| CY2018Q3 | sum |
Long Term Debt Maturities Repayments Of Principal In Year Six
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearSix
|
656354000 | USD |
| CY2017Q3 | sum |
Miscellaneous Other Income Expense
MiscellaneousOtherIncomeExpense
|
200000 | USD |
| CY2018Q3 | sum |
Miscellaneous Other Income Expense
MiscellaneousOtherIncomeExpense
|
409000 | USD |
| CY2017Q3 | sum |
Net Income Loss Attributable To Noncontrolling Interest Excluding Portion Attributable To Noncontrolling Interest Of Wholly Owned Indirect Subsidiary Of Registrant
NetIncomeLossAttributableToNoncontrollingInterestExcludingPortionAttributableToNoncontrollingInterestOfWhollyOwnedIndirectSubsidiaryOfRegistrant
|
2964000 | USD |
| CY2018Q3 | sum |
Net Income Loss Attributable To Noncontrolling Interest Excluding Portion Attributable To Noncontrolling Interest Of Wholly Owned Indirect Subsidiary Of Registrant
NetIncomeLossAttributableToNoncontrollingInterestExcludingPortionAttributableToNoncontrollingInterestOfWhollyOwnedIndirectSubsidiaryOfRegistrant
|
2703000 | USD |
| CY2017Q3 | sum |
Net Income Loss Attributable To Noncontrolling Interest Of Wholly Owned Indirect Subsidiary Of Registrant
NetIncomeLossAttributableToNoncontrollingInterestOfWhollyOwnedIndirectSubsidiaryOfRegistrant
|
59000 | USD |
| CY2018Q3 | sum |
Net Income Loss Attributable To Noncontrolling Interest Of Wholly Owned Indirect Subsidiary Of Registrant
NetIncomeLossAttributableToNoncontrollingInterestOfWhollyOwnedIndirectSubsidiaryOfRegistrant
|
0 | USD |
| CY2017Q3 | sum |
Non Cash Compensation Expense
NonCashCompensationExpense
|
4724000 | USD |
| CY2018Q3 | sum |
Non Cash Compensation Expense
NonCashCompensationExpense
|
5643000 | USD |
| sum |
Purchase Commitment Terms
PurchaseCommitmentTerms
|
P1Y | ||
| CY2017Q3 | sum |
Tax Receivable Agreement Expense
TaxReceivableAgreementExpense
|
501752000 | USD |
| CY2018Q3 | sum |
Tax Receivable Agreement Expense
TaxReceivableAgreementExpense
|
0 | USD |
| CY2017Q3 | sum |
Tax Receivable Agreement Liability
TaxReceivableAgreementLiability
|
501800000 | USD |
| CY2017Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
631841000 | USD |
| CY2018Q3 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
748265000 | USD |
| us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
2945000 | USD | |
| CY2017Q3 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
300000 | USD |
| us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
1000000 | USD | |
| CY2018Q3 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
500000 | USD |
| us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
1100000 | USD | |
| CY2017Q3 | us-gaap |
Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
|
486000 | USD |
| us-gaap |
Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
|
1382000 | USD | |
| CY2018Q3 | us-gaap |
Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
|
480000 | USD |
| us-gaap |
Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
|
1224000 | USD | |
| CY2017Q3 | us-gaap |
Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
|
2581000 | USD |
| CY2018Q3 | us-gaap |
Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
|
1260000 | USD |
| CY2017Q3 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
287082000 | USD |
| CY2017Q4 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
USD | |
| CY2018Q3 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
USD | |
| CY2017Q3 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
85679000 | USD |
| CY2018Q3 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
70037000 | USD |
| CY2017Q3 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
88873000 | USD |
| CY2018Q3 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
75542000 | USD |
| CY2017Q3 | us-gaap |
Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
|
349751000 | USD |
| CY2018Q3 | us-gaap |
Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
|
402159000 | USD |
| CY2017Q3 | us-gaap |
Cost Of Goods Sold
CostOfGoodsSold
|
277301000 | USD |
| CY2018Q3 | us-gaap |
Cost Of Goods Sold
CostOfGoodsSold
|
321586000 | USD |
| CY2017Q3 | us-gaap |
Cost Of Revenue
CostOfRevenue
|
409545000 | USD |
| CY2018Q3 | us-gaap |
Cost Of Revenue
CostOfRevenue
|
471803000 | USD |
| CY2017Q3 | us-gaap |
Cost Of Services
CostOfServices
|
72450000 | USD |
| CY2018Q3 | us-gaap |
Cost Of Services
CostOfServices
|
80573000 | USD |
| CY2016Q4 | us-gaap |
Deferred Finance Costs Net
DeferredFinanceCostsNet
|
18290000 | USD |
| CY2017Q3 | us-gaap |
Deferred Finance Costs Net
DeferredFinanceCostsNet
|
20617000 | USD |
| CY2018Q3 | us-gaap |
Deferred Tax Assets Investments
DeferredTaxAssetsInvestments
|
2200000 | USD |
| CY2017Q4 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
1675000 | USD |
| CY2017Q4 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
1700000 | USD |
| CY2018Q3 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
1700000 | USD |
| CY2018Q3 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
1675000 | USD |
| CY2017Q3 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
48483000 | USD |
| CY2018Q3 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
53494000 | USD |
| us-gaap |
Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
|
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-left:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Business and Credit Concentrations—</font><font style="font-family:inherit;font-size:10pt;">The Company’s operations are conducted primarily across </font><font style="font-family:inherit;font-size:10pt;">23</font><font style="font-family:inherit;font-size:10pt;"> U.S. states and in British Columbia, Canada, with the most significant revenue generated in Texas, Utah, Kansas and Missouri. The Company’s accounts receivable consist primarily of amounts due from customers within these areas. Therefore, collection of these accounts is dependent on the economic conditions in those states, as well as specific situations affecting individual customers. Credit granted within the Company’s trade areas has been extended to many customers, and management does not believe that a significant concentration of credit exists with respect to any individual customer or group of customers. </font><font style="font-family:inherit;font-size:10pt;">No</font><font style="font-family:inherit;font-size:10pt;"> single customer accounted for more than </font><font style="font-family:inherit;font-size:10pt;">10%</font><font style="font-family:inherit;font-size:10pt;"> of the Company’s total revenue in the </font><font style="font-family:inherit;font-size:10pt;">three and nine</font><font style="font-family:inherit;font-size:10pt;"> months ended </font><font style="font-family:inherit;font-size:10pt;">September 29, 2018</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">September 30, 2017</font><font style="font-family:inherit;font-size:10pt;">.</font></div></div> | ||
| us-gaap |
Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
|
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-left:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Reclassification —</font><font style="font-family:inherit;font-size:10pt;">Within the operating activities section on the consolidated statement of cash flows for the </font><font style="font-family:inherit;font-size:10pt;">nine</font><font style="font-family:inherit;font-size:10pt;"> month period ended </font><font style="font-family:inherit;font-size:10pt;">September 30, 2017</font><font style="font-family:inherit;font-size:10pt;">, the Company reclassified </font><font style="font-family:inherit;font-size:10pt;">$4.8 million</font><font style="font-family:inherit;font-size:10pt;"> from deferred income tax benefit, $</font><font style="font-family:inherit;font-size:10pt;">17,000</font><font style="font-family:inherit;font-size:10pt;"> from other current assets and </font><font style="font-family:inherit;font-size:10pt;">$498.8 million</font><font style="font-family:inherit;font-size:10pt;"> from deferred tax assets, net, to change in deferred tax asset, net, to conform to the current year presentation.</font></div></div> | ||
| us-gaap |
Use Of Estimates
UseOfEstimates
|
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:12px;padding-left:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Use of Estimates</font><font style="font-family:inherit;font-size:10pt;">—Preparation of these consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions. These estimates and the underlying assumptions affect the amounts of assets and liabilities reported, disclosures about contingent assets and liabilities and reported amounts of revenue and expenses. Such estimates include the valuation of accounts receivable, inventories, valuation of deferred tax assets, goodwill, intangibles and other long-lived assets, the tax receivable agreement ("TRA") liability, pension and other postretirement obligations and asset retirement obligations. Estimates also include revenue earned on contracts and costs to complete contracts. Most of the Company’s paving and related services are performed under fixed unit-price contracts with state and local governmental entities. Management regularly evaluates its estimates and assumptions based on historical experience and other factors, including the current economic environment. As future events and their effects cannot be determined with precision, actual results can differ significantly from estimates made. Changes in estimates, including those resulting from continuing changes in the economic environment, are reflected in the Company’s consolidated financial statements when the change in estimate occurs.</font></div></div> |
