$TREX
TREX CO INC

2013 Q4 Form 10-K Financial Statement

#000119312514064056 Filed on February 24, 2014

View on sec.gov

Income Statement

Concept 2013 Q4 2012 Q4 2012 Q3
Revenue $63.83M $46.16M $70.82M
YoY Change 38.3% -10.38% 4.3%
Cost Of Revenue $44.10M $32.70M $68.67M
YoY Change 34.86% -37.71% 35.72%
Gross Profit $19.69M $13.43M $2.146M
YoY Change 46.62% -1320.55% -87.6%
Gross Profit Margin 30.84% 29.09% 3.03%
Selling, General & Admin $15.40M $16.60M $15.84M
YoY Change -7.23% 22.06% 21.82%
% of Gross Profit 78.23% 123.64% 737.93%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $3.900M $4.100M $4.200M
YoY Change -4.88% 20.59% -16.0%
% of Gross Profit 19.81% 30.54% 195.71%
Operating Expenses $15.40M $16.60M $15.84M
YoY Change -7.23% 22.06% 21.82%
Operating Profit $4.285M -$3.174M -$13.69M
YoY Change -235.0% -78.41% -418.37%
Interest Expense -$100.0K -$100.0K $153.0K
YoY Change 0.0% -97.22% -103.19%
% of Operating Profit -2.33%
Other Income/Expense, Net
YoY Change
Pretax Income $4.300M -$3.300M -$13.84M
YoY Change -230.3% -81.97% 2668.6%
Income Tax $10.90M -$1.700M $469.0K
% Of Pretax Income 253.49%
Net Earnings $15.10M -$3.619M -$14.31M
YoY Change -517.33% -80.22% 2762.4%
Net Earnings / Revenue 23.66% -7.84% -20.21%
Basic Earnings Per Share $0.46 -$0.22 -$0.86
Diluted Earnings Per Share $0.45 -$0.22 -$0.86
COMMON SHARES
Basic Shares Outstanding 16.68M shares 16.68M shares
Diluted Shares Outstanding 16.68M shares

Balance Sheet

Concept 2013 Q4 2012 Q4 2012 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $3.800M $2.200M $2.500M
YoY Change 72.73% -51.11% -95.02%
Cash & Equivalents $3.772M $2.159M $2.500M
Short-Term Investments
Other Short-Term Assets $12.30M $6.000M $1.700M
YoY Change 105.0% -84.65% -39.29%
Inventory $22.43M $17.52M $8.600M
Prepaid Expenses
Receivables $37.34M $26.54M $32.80M
Other Receivables $400.0K $500.0K $700.0K
Total Short-Term Assets $76.18M $52.64M $46.30M
YoY Change 44.73% -48.45% -54.02%
LONG-TERM ASSETS
Property, Plant & Equipment $100.8M $104.4M $106.5M
YoY Change -3.49% -9.35% -10.65%
Goodwill $10.50M
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $652.0K $1.003M $1.100M
YoY Change -35.0% 234.33% 10.0%
Total Long-Term Assets $112.0M $116.0M $118.1M
YoY Change -3.45% -7.95% -9.64%
TOTAL ASSETS
Total Short-Term Assets $76.18M $52.64M $46.30M
Total Long-Term Assets $112.0M $116.0M $118.1M
Total Assets $188.2M $168.6M $164.4M
YoY Change 11.59% -26.08% -28.95%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $14.89M $11.16M $9.700M
YoY Change 33.42% -6.21% -3.0%
Accrued Expenses $23.30M $18.82M $27.20M
YoY Change 23.79% -15.23% 57.23%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $5.000M $0.00
YoY Change -100.0%
Long-Term Debt Due $0.00 $2.000M
YoY Change -100.0% -97.63%
Total Short-Term Liabilities $47.19M $42.48M $39.00M
YoY Change 11.08% -64.78% -65.02%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $2.183M $3.310M $24.40M
YoY Change -34.05% -72.64% 320.69%
Total Long-Term Liabilities $2.183M $3.310M $24.40M
YoY Change -34.05% -72.64% 320.69%
TOTAL LIABILITIES
Total Short-Term Liabilities $47.19M $42.48M $39.00M
Total Long-Term Liabilities $2.183M $3.310M $24.40M
Total Liabilities $81.54M $74.63M $66.20M
YoY Change 9.26% -44.96% -45.33%
SHAREHOLDERS EQUITY
Retained Earnings $29.78M -$4.822M
YoY Change -717.5%
Common Stock $346.0K $170.0K
YoY Change 103.53%
Preferred Stock
YoY Change
Treasury Stock (at cost) $25.00M
YoY Change
Treasury Stock Shares 1.123M shares
Shareholders Equity $106.6M $93.99M $98.20M
YoY Change
Total Liabilities & Shareholders Equity $188.2M $168.6M $164.4M
YoY Change 11.59% -26.08% -28.95%

Cashflow Statement

Concept 2013 Q4 2012 Q4 2012 Q3
OPERATING ACTIVITIES
Net Income $15.10M -$3.619M -$14.31M
YoY Change -517.33% -80.22% 2762.4%
Depreciation, Depletion And Amortization $3.900M $4.100M $4.200M
YoY Change -4.88% 20.59% -16.0%
Cash From Operating Activities -$8.500M $0.00 $24.50M
YoY Change -100.0% -35.36%
INVESTING ACTIVITIES
Capital Expenditures -$4.100M -$2.000M -$2.700M
YoY Change 105.0% 66.67% 107.69%
Acquisitions
YoY Change
Other Investing Activities $100.0K $0.00 $100.0K
YoY Change 0.0%
Cash From Investing Activities -$4.000M -$1.900M -$2.700M
YoY Change 110.53% 46.15% 107.69%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -3.400M 1.500M -69.80M
YoY Change -326.67% -104.04% 1103.45%
NET CHANGE
Cash From Operating Activities -8.500M 0.000 24.50M
Cash From Investing Activities -4.000M -1.900M -2.700M
Cash From Financing Activities -3.400M 1.500M -69.80M
Net Change In Cash -15.90M -400.0K -48.00M
YoY Change 3875.0% -99.13% -255.84%
FREE CASH FLOW
Cash From Operating Activities -$8.500M $0.00 $24.50M
Capital Expenditures -$4.100M -$2.000M -$2.700M
Free Cash Flow -$4.400M $2.000M $27.20M
YoY Change -320.0% -132.26% -30.61%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2014Q1 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
16741324 shares
CY2013Q2 dei Entity Public Float
EntityPublicFloat
805600000
CY2010Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
33.20
CY2010Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
222446 shares
CY2010Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
3126000
CY2010Q4 us-gaap Stockholders Equity
StockholdersEquity
102922000
CY2010Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
27270000
CY2011Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
38.08
CY2011Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
145069 shares
CY2011Q4 us-gaap Restructuring Reserve
RestructuringReserve
452000
CY2011Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
60000
CY2011Q4 us-gaap Stockholders Equity
StockholdersEquity
92499000
CY2011Q4 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
16345000
CY2011Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
4526000
CY2012Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
17010493 shares
CY2012Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
17010493 shares
CY2012Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2012Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
40.37
CY2012Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
120638 shares
CY2012Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
3000000 shares
CY2012Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
40000000 shares
CY2012Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2012Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2012Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2012Q4 us-gaap Preferred Stock Value
PreferredStockValue
CY2012Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
18818000
CY2012Q4 us-gaap Product Warranty Accrual Noncurrent
ProductWarrantyAccrualNoncurrent
21487000
CY2012Q4 us-gaap Accrued Marketing Costs Current
AccruedMarketingCostsCurrent
3402000
CY2012Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
196825000
CY2012Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
2883000
CY2012Q4 us-gaap Lines Of Credit Current
LinesOfCreditCurrent
5000000
CY2012Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
98638000
CY2012Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
11161000
CY2012Q4 us-gaap Restructuring Reserve
RestructuringReserve
1103000
CY2012Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
24131000
CY2012Q4 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
7500000
CY2012Q4 us-gaap Liabilities Current
LiabilitiesCurrent
42479000
CY2012Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
CY2012Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
10080000
CY2012Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
3310000
CY2012Q4 us-gaap Stockholders Equity
StockholdersEquity
93986000
CY2012Q4 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
28987000
CY2012Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-4822000
CY2012Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
20758000
CY2012Q4 us-gaap Common Stock Value
CommonStockValue
170000
CY2012Q4 us-gaap Deferred Rent Credit Current
DeferredRentCreditCurrent
1103000
CY2012Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
168615000
CY2012Q4 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
7353000
CY2012Q4 us-gaap Liabilities
Liabilities
74629000
CY2012Q4 us-gaap Inventory Lifo Reserve
InventoryLIFOReserve
23719000
CY2012Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2012Q4 us-gaap Assets Current
AssetsCurrent
52637000
CY2012Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
2654000
CY2012Q4 us-gaap Income Taxes Receivable
IncomeTaxesReceivable
435000
CY2012Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
1003000
CY2012Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
9962000
CY2012Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Warranty Reserves
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsWarrantyReserves
11406000
CY2012Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
41328000
CY2012Q4 us-gaap Assets
Assets
168615000
CY2012Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
2159000
CY2012Q4 us-gaap Inventory Raw Materials
InventoryRawMaterials
18068000
CY2012Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
-3561000
CY2012Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
26542000
CY2012Q4 us-gaap Inventory Net
InventoryNet
17521000
CY2012Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
17197000
CY2012Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
301250000
CY2012Q4 us-gaap Inventory Gross
InventoryGross
41240000
CY2012Q4 us-gaap Intangible Assets Net Including Goodwill
IntangibleAssetsNetIncludingGoodwill
10550000
CY2012Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
2188000
CY2012Q4 us-gaap Prepaid Advertising
PrepaidAdvertising
600000
CY2012Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards Other
DeferredTaxAssetsTaxCreditCarryforwardsOther
4105000
CY2012Q4 us-gaap Deferred Tax Assets Net Current
DeferredTaxAssetsNetCurrent
3792000
CY2012Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
8193000
CY2012Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
23172000
CY2012Q4 us-gaap Deferred Tax Assets Inventory
DeferredTaxAssetsInventory
5008000
CY2012Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
104425000
CY2012Q4 trex Accrued Manufacturing Expenses Current
AccruedManufacturingExpensesCurrent
1350000
CY2012Q4 trex Deferred Tax Liabilities Depreciation And Other
DeferredTaxLiabilitiesDepreciationAndOther
20758000
CY2013Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
16737807 shares
CY2013Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
21144 shares
CY2013Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
17299062 shares
CY2013Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2013Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
40.09
CY2013Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
21144 shares
CY2013Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice
40.09
CY2013Q4 us-gaap Equity Method Investment Ownership Percentage
EquityMethodInvestmentOwnershipPercentage
0.35 pure
CY2013Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
3000000 shares
CY2013Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber
21144 shares
CY2013Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
40.09
CY2013Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
40000000 shares
CY2013Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
561255 shares
CY2013Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2013Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2013Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2013Q4 us-gaap Preferred Stock Value
PreferredStockValue
CY2013Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
23295000
CY2013Q4 us-gaap Product Warranty Accrual Noncurrent
ProductWarrantyAccrualNoncurrent
31812000
CY2013Q4 us-gaap Accrued Marketing Costs Current
AccruedMarketingCostsCurrent
5269000
CY2013Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
6289000
CY2013Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
0
CY2013Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
176947000
CY2013Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
2823000
CY2013Q4 us-gaap Lines Of Credit Current
LinesOfCreditCurrent
CY2013Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
101667000
CY2013Q4 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
44272000
CY2013Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
14891000
CY2013Q4 us-gaap Restructuring Reserve
RestructuringReserve
1787000
CY2013Q4 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
5343000
CY2013Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
4201000
CY2013Q4 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
9000000
CY2013Q4 us-gaap Liabilities Current
LiabilitiesCurrent
47186000
CY2013Q4 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
15198000
CY2013Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
CY2013Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
9135000
CY2013Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
2183000
CY2013Q4 us-gaap Stockholders Equity
StockholdersEquity
106616000
CY2013Q4 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
40812000
CY2013Q4 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
5277000
CY2013Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
29776000
CY2013Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
19380000
CY2013Q4 us-gaap Common Stock Value
CommonStockValue
173000
CY2013Q4 us-gaap Deferred Rent Credit Current
DeferredRentCreditCurrent
1787000
CY2013Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
188157000
CY2013Q4 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
360000
CY2013Q4 us-gaap Liabilities
Liabilities
81541000
CY2013Q4 trex Capped Attorney Fees To Be Paid To Plaintiffs Counsel Upon Final Approval Of Settlement By Court
CappedAttorneyFeesToBePaidToPlaintiffsCounselUponFinalApprovalOfSettlementByCourt
1450000
CY2013Q4 trex Excess Tax Benefits Related To Exercised Stock Based Awards Not Included In Deferred Tax Assets
ExcessTaxBenefitsRelatedToExercisedStockBasedAwardsNotIncludedInDeferredTaxAssets
10300000
CY2013Q4 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
5362000
CY2013Q4 us-gaap Inventory Lifo Reserve
InventoryLIFOReserve
24497000
CY2013Q4 us-gaap Loss Contingency Accrual Carrying Value Current
LossContingencyAccrualCarryingValueCurrent
3174000
CY2013Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2013Q4 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
6803000
CY2013Q4 us-gaap Assets Current
AssetsCurrent
76180000
CY2013Q4 us-gaap Goodwill
Goodwill
10500000
CY2013Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
2383000
CY2013Q4 us-gaap Income Taxes Receivable
IncomeTaxesReceivable
384000
CY2013Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
652000
CY2013Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
483000
CY2013Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Warranty Reserves
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsWarrantyReserves
16085000
CY2013Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
32718000
CY2013Q4 us-gaap Assets
Assets
188157000
CY2013Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingAggregateIntrinsicValue
833948
CY2013Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
3772000
CY2013Q4 us-gaap Inventory Raw Materials
InventoryRawMaterials
16502000
CY2013Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
9137000
CY2013Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
37338000
CY2013Q4 us-gaap Inventory Net
InventoryNet
22428000
CY2013Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
28517000
CY2013Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
277730000
CY2013Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
833948
CY2013Q4 us-gaap Inventory Gross
InventoryGross
46925000
CY2013Q4 us-gaap Intangible Assets Net Including Goodwill
IntangibleAssetsNetIncludingGoodwill
10542000
CY2013Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
2761000
CY2013Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
833948
CY2013Q4 us-gaap Prepaid Advertising
PrepaidAdvertising
500000
CY2013Q4 us-gaap Loss Contingency Range Of Possible Loss Maximum
LossContingencyRangeOfPossibleLossMaximum
10000000
CY2013Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards Other
DeferredTaxAssetsTaxCreditCarryforwardsOther
3714000
CY2013Q4 us-gaap Deferred Tax Assets Net Current
DeferredTaxAssetsNetCurrent
9497000
CY2013Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
6210000
CY2013Q4 us-gaap Treasury Stock Value
TreasuryStockValue
25000000
CY2013Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
30423000
CY2013Q4 us-gaap Deferred Tax Assets Inventory
DeferredTaxAssetsInventory
3843000
CY2013Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
100783000
CY2013Q4 trex Change In Warranty Reserve For Disclosure Purposes Only
ChangeInWarrantyReserveForDisclosurePurposesOnly
4100000
CY2013Q4 trex Accrued Manufacturing Expenses Current
AccruedManufacturingExpensesCurrent
1107000
CY2013Q4 trex Deferred Tax Liabilities Depreciation And Other
DeferredTaxLiabilitiesDepreciationAndOther
19380000
CY2013Q4 trex Capped Cost To Company Excluding Attorney Fees Upon Final Approval Of Settlement By Court
CappedCostToCompanyExcludingAttorneyFeesUponFinalApprovalOfSettlementByCourt
8250000
CY2013Q3 trex Number Of Lawsuits Settled
NumberOfLawsuitsSettled
2 Lawsuits
CY2010 trex Charge To Earnings To Fully Reserve Equity Investment And Note
ChargeToEarningsToFullyReserveEquityInvestmentAndNote
2400000
CY2011 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.020 pure
CY2011 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice
31.71
CY2011 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.75
CY2011 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
20350 shares
CY2011 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
15388456 shares
CY2011 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.650 pure
CY2011 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.75
CY2011 us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
shares
CY2011 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P5Y
CY2011 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
CY2011 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
33847000
CY2011 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
shares
CY2011 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.00 pure
CY2011 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
27.94
CY2011 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
shares
CY2011 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
15388456 shares
CY2011 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
57027 shares
CY2011 us-gaap Incremental Common Shares Attributable To Nonvested Shares With Forfeitable Dividends
IncrementalCommonSharesAttributableToNonvestedSharesWithForfeitableDividends
shares
CY2011 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
1427000
CY2011 us-gaap Interest Paid Net
InterestPaidNet
6349000
CY2011 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
1000
CY2011 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
19000
CY2011 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-11404000
CY2011 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
135000
CY2011 us-gaap Gross Profit
GrossProfit
62791000
CY2011 us-gaap Other Comprehensive Income Derivatives Qualifying As Hedges Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent
184000
CY2011 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-14193000
CY2011 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-711000
CY2011 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
658000
CY2011 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
2075000
CY2011 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
2542000
CY2011 us-gaap Effect Of Lifo Inventory Liquidation On Income
EffectOfLIFOInventoryLiquidationOnIncome
CY2011 us-gaap Income Tax Reconciliation Tax Credits Other
IncomeTaxReconciliationTaxCreditsOther
59000
CY2011 us-gaap Other Comprehensive Income Derivatives Qualifying As Hedges Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeDerivativesQualifyingAsHedgesBeforeTaxPortionAttributableToParent
312000
CY2011 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
184000
CY2011 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-621000
CY2011 us-gaap Operating Income Loss
OperatingIncomeLoss
2171000
CY2011 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-23931000
CY2011 us-gaap Net Income Loss
NetIncomeLoss
-11588000
CY2011 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-125000
CY2011 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
3146000
CY2011 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
3092000
CY2011 us-gaap Repayments Of Convertible Debt
RepaymentsOfConvertibleDebt
5882000
CY2011 us-gaap Sales Revenue Net
SalesRevenueNet
266789000
CY2011 us-gaap Increase Decrease In Income Taxes Payable Net Of Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable
-353000
CY2011 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
1000
CY2011 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
18170000
CY2011 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
7419000
CY2011 us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
1427000
CY2011 us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
-8385000
CY2011 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
1600000
CY2011 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
2760000
CY2011 us-gaap Operating Leases Rent Expense Minimum Rentals
OperatingLeasesRentExpenseMinimumRentals
8000000
CY2011 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
3109000
CY2011 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
203998000
CY2011 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
-47224000
CY2011 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
165000
CY2011 us-gaap Proceeds From Collection Of Notes Receivable
ProceedsFromCollectionOfNotesReceivable
99000
CY2011 us-gaap Other Comprehensive Income Derivatives Qualifying As Hedges Tax Portion Attributable To Parent
OtherComprehensiveIncomeDerivativesQualifyingAsHedgesTaxPortionAttributableToParent
128000
CY2011 us-gaap Share Based Compensation
ShareBasedCompensation
3146000
CY2011 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-22744000
CY2011 us-gaap Adjustments To Additional Paid In Capital Equity Component Of Convertible Debt Subsequent Adjustments
AdjustmentsToAdditionalPaidInCapitalEquityComponentOfConvertibleDebtSubsequentAdjustments
500000
CY2011 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
-32000
CY2011 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
3092000
CY2011 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-9367000
CY2011 us-gaap Interest Expense
InterestExpense
16364000
CY2011 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
-650000
CY2011 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-3215000
CY2011 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
-4826000
CY2011 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
28000
CY2011 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
164000
CY2011 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
2500000
CY2011 us-gaap Income Tax Reconciliation Nondeductible Expense
IncomeTaxReconciliationNondeductibleExpense
96000
CY2011 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0
CY2011 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
245000
CY2011 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
-2770000
CY2011 us-gaap Depreciation
Depreciation
18400000
CY2011 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
62000
CY2011 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
-2738000
CY2011 us-gaap Proceeds From Repayments Of Restricted Cash Financing Activities
ProceedsFromRepaymentsOfRestrictedCashFinancingActivities
-37000000
CY2011 us-gaap Advertising Expense
AdvertisingExpense
19400000
CY2011 us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
10538000
CY2011 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
-275000
CY2011 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
60620000
CY2011 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-2605000
CY2011 trex Number Of Customer Accounted For Ten Percent Or More Sales Of Net Sales
NumberOfCustomerAccountedForTenPercentOrMoreSalesOfNetSales
1 Customer
CY2013 dei Entity Registrant Name
EntityRegistrantName
TREX CO INC
CY2013 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2013 dei Amendment Flag
AmendmentFlag
false
CY2013 dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
CY2013 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2013
CY2013 dei Document Type
DocumentType
10-K
CY2013 dei Document Period End Date
DocumentPeriodEndDate
2013-12-31
CY2013 dei Entity Central Index Key
EntityCentralIndexKey
0001069878
CY2013 dei Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
No
CY2013 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2013 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
FY
CY2013 dei Entity Voluntary Filers
EntityVoluntaryFilers
No
CY2013 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
1 Segment
CY2013 us-gaap Defined Contribution Plan Employer Matching Contribution Percent Of Match
DefinedContributionPlanEmployerMatchingContributionPercentOfMatch
1.00 pure
CY2013 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.007 pure
CY2013 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice
36.31
CY2013 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.02
CY2013 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
6010 shares
CY2013 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
17136751 shares
CY2013 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.637 pure
CY2013 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.06
CY2013 us-gaap Nature Of Operations
NatureOfOperations
<div> <table style="BORDER-COLLAPSE: collapse" cellspacing="0" cellpadding="0" width="100%" border="0"> <tr> <td valign="top" width="4%" align="left"><font style="FONT-FAMILY: Times New Roman" size="2"><b>1.</b></font></td> <td valign="top" align="left"><font style="FONT-FAMILY: Times New Roman" size="2"><b>BUSINESS AND ORGANIZATION</b></font></td> </tr> </table> <p style="MARGIN-BOTTOM: 0px; MARGIN-TOP: 6px; TEXT-INDENT: 4%"> <font style="FONT-FAMILY: Times New Roman" size="2">Trex Company, Inc. (together with its subsidiary, the &#x201C;Company&#x201D;), a Delaware corporation, was incorporated on September&#xA0;4, 1998. The Company manufactures and distributes wood/plastic composite products, as well as related accessories, primarily for residential and commercial decking and railing applications. The majority of its products are manufactured in a proprietary process that combines waste wood fibers and reclaimed polyethylene (&#x201C;PE material&#x201D;). The Company operates in one business segment.</font></p> </div>
CY2013 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P1Y
CY2013 us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
shares
CY2013 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P5Y
CY2013 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
CY2013 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
45208000
CY2013 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
255353 shares
CY2013 us-gaap Defined Contribution Plan Employer Matching Contribution Percent
DefinedContributionPlanEmployerMatchingContributionPercent
0.06 pure
CY2013 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.00 pure
CY2013 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
49.83
CY2013 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
shares
CY2013 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
16794841 shares
CY2013 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P1Y
CY2013 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1
P1Y
CY2013 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
93484 shares
CY2013 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
672000
CY2013 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div> <p style="MARGIN-BOTTOM: 0px; MARGIN-TOP: 0px"><font style="FONT-FAMILY: Times New Roman" size="2"><i>Concentrations and Credit Risk</i></font></p> <p style="MARGIN-BOTTOM: 0px; MARGIN-TOP: 6px; TEXT-INDENT: 4%"> <font style="FONT-FAMILY: Times New Roman" size="2">The Company&#x2019;s financial instruments that are exposed to concentrations of credit risk consist primarily of cash and cash equivalents and trade accounts receivable. The Company from time to time may have bank deposits in excess of insurance limits of the Federal Deposit Insurance Corporation. As of December&#xA0;31, 2013, substantially all deposits are maintained in one financial institution. The Company has not experienced any losses in such accounts and believes it is not exposed to any significant credit risk related to its cash and cash equivalents.</font></p> <p style="MARGIN-BOTTOM: 0px; MARGIN-TOP: 12px; TEXT-INDENT: 4%"> <font style="FONT-FAMILY: Times New Roman" size="2">The Company routinely assesses the financial strength of its customers and believes that its trade receivables credit risk exposure is limited. Trade receivables are carried at the original invoice amount less an estimate made for payment discounts and doubtful accounts. A valuation allowance is provided for known and anticipated credit losses and disputed amounts, as determined by management in the course of regularly evaluating individual customer receivables. This evaluation takes into consideration a customer&#x2019;s financial condition and credit history, as well as current economic conditions.</font></p> <p style="MARGIN-BOTTOM: 0px; MARGIN-TOP: 12px; TEXT-INDENT: 4%"> <font style="FONT-FAMILY: Times New Roman" size="2">In the years ended December&#xA0;31, 2013, 2012 and 2011, sales to certain customers accounted for 10% or more of the Company&#x2019;s total net sales. For the year ended December&#xA0;31, 2013, one customer of the Company represented approximately 28% of the Company&#x2019;s net sales. For the year ended December&#xA0;31, 2012, two customers of the Company represented approximately 26% and 10% of the Company&#x2019;s net sales. For the year ended December&#xA0;31, 2011, one customer of the Company represented approximately 24% of the Company&#x2019;s net sales. As of December&#xA0;31, 2013, three customers represented 29%, 15%, and 12%, respectively, of the Company&#x2019;s accounts receivable balance.</font></p> <p style="MARGIN-BOTTOM: 0px; MARGIN-TOP: 12px; TEXT-INDENT: 4%"> <font style="FONT-FAMILY: Times New Roman" size="2">Approximately 44%, 40%, and 33% of the Company&#x2019;s raw materials purchases for the years ended December&#xA0;31, 2013, 2012 and 2011, respectively, were purchased from its four largest suppliers.</font></p> </div>
CY2013 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
79500000
CY2013 us-gaap Effect Of Lifo Inventory Liquidation On Income
EffectOfLIFOInventoryLiquidationOnIncome
CY2013 us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
1466000
CY2013 us-gaap Other Comprehensive Income Derivatives Qualifying As Hedges Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeDerivativesQualifyingAsHedgesBeforeTaxPortionAttributableToParent
CY2013 us-gaap Use Of Estimates
UseOfEstimates
<div> <p style="MARGIN-BOTTOM: 0px; MARGIN-TOP: 18px"><font style="FONT-FAMILY: Times New Roman" size="2"><i>Use of Estimates</i></font></p> <p style="MARGIN-BOTTOM: 0px; MARGIN-TOP: 6px; TEXT-INDENT: 4%"> <font style="FONT-FAMILY: Times New Roman" size="2">The preparation of financial statements in conformity with accounting principles generally accepted in the United States requires management to make estimates and assumptions that affect the amounts reported in the consolidated financial statements and the accompanying notes. Actual results could differ from those estimates.</font></p> </div>
CY2013 us-gaap Interest Paid Net
InterestPaidNet
348000
CY2013 us-gaap Line Of Credit Facility Covenant Terms
LineOfCreditFacilityCovenantTerms
(a) Minimum Consolidated Net Worth. The Company agreed that it will maintain Consolidated Net Worth, measured as of the end of each Fiscal Quarter, commencing with the Fiscal Quarter ended December 31, 2011, of not less than $85 million. (b) Fixed Charge Coverage Ratio. The Company agreed that it will not permit the Fixed Charge Coverage Ratio to be less than 1.15 to 1.0, measured as of the end of each Fiscal Quarter, commencing with the Fiscal Quarter ended December 31, 2011. (c) Consolidated Debt to Consolidated EBITDA Ratio. The Company agreed that it will not permit the Consolidated Debt to Consolidated EBITDA Ratio to exceed 3.5 to 1.0 measured as of the end of each Fiscal Quarter (and in the case of Consolidated EBITDA, for the four-quarter period ending on such date) after the date on which the Senior Subordinated Notes have been redeemed in full.
CY2013 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
CY2013 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
213000
CY2013 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
34598000
CY2013 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
119000
CY2013 us-gaap Gross Profit
GrossProfit
98618000
CY2013 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
24049000
CY2013 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-587000
CY2013 us-gaap Incremental Common Shares Attributable To Nonvested Shares With Forfeitable Dividends
IncrementalCommonSharesAttributableToNonvestedSharesWithForfeitableDividends
86557 shares
CY2013 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
4032000
CY2013 us-gaap Income Tax Reconciliation Tax Credits Other
IncomeTaxReconciliationTaxCreditsOther
566000
CY2013 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
CY2013 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
337000
CY2013 us-gaap Operating Income Loss
OperatingIncomeLoss
24651000
CY2013 us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
19900000
CY2013 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
10844000
CY2013 us-gaap Net Income Loss
NetIncomeLoss
34598000
CY2013 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
4907000
CY2013 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
3811000
CY2013 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
74500000
CY2013 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
31277000
CY2013 us-gaap Adjustments To Additional Paid In Capital Tax Effect From Share Based Compensation
AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation
1466000
CY2013 us-gaap Standard Product Warranty Accrual Preexisting Increase Decrease
StandardProductWarrantyAccrualPreexistingIncreaseDecrease
20000000
CY2013 us-gaap Payments For Restructuring
PaymentsForRestructuring
558000
CY2013 us-gaap Sales Revenue Net
SalesRevenueNet
342511000
CY2013 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
13060000
CY2013 us-gaap Increase Decrease In Income Taxes Payable Net Of Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable
1518000
CY2013 us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
4032000
CY2013 us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
15173000
CY2013 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
1800000
CY2013 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
CY2013 us-gaap Operating Leases Rent Expense Minimum Rentals
OperatingLeasesRentExpenseMinimumRentals
6500000
CY2013 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
-19930000
CY2013 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
243893000
CY2013 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
-30898000
CY2013 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-12698000
CY2013 us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
8175000
CY2013 us-gaap Proceeds From Collection Of Notes Receivable
ProceedsFromCollectionOfNotesReceivable
187000
CY2013 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
25000000
CY2013 us-gaap Other Comprehensive Income Derivatives Qualifying As Hedges Tax Portion Attributable To Parent
OtherComprehensiveIncomeDerivativesQualifyingAsHedgesTaxPortionAttributableToParent
CY2013 us-gaap Share Based Compensation
ShareBasedCompensation
3811000
CY2013 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
1613000
CY2013 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
404000
CY2013 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
6277000
CY2013 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-12697000
CY2013 us-gaap Interest Expense
InterestExpense
602000
CY2013 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
1061000
CY2013 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
3731000
CY2013 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
8417000
CY2013 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
176000
CY2013 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-11182000
CY2013 us-gaap Accretion Expense
AccretionExpense
98000
CY2013 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
2900000
CY2013 us-gaap Income Tax Reconciliation Nondeductible Expense
IncomeTaxReconciliationNondeductibleExpense
225000
CY2013 trex Number Of Letters Sent To Homeowner
NumberOfLettersSentToHomeowner
10000 Letter
CY2012 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.008 pure
CY2013 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-1516000
CY2013 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
16255000
CY2013 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
1466000
CY2013 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0
CY2012 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice
20.00
CY2012 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.16
CY2013 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
CY2013 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
2149000
CY2013 us-gaap Restructuring Charges
RestructuringCharges
1144000
CY2013 us-gaap Depreciation
Depreciation
15900000
CY2013 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
CY2013 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
1745000
CY2013 us-gaap Advertising Expense
AdvertisingExpense
20900000
CY2013 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
244000
CY2013 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
73967000
CY2013 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-10549000
CY2013 trex Number Of Stock Based Compensation Plan
NumberOfStockBasedCompensationPlan
1 Plans
CY2013 trex Number Of Financial Institution With Deposit
NumberOfFinancialInstitutionWithDeposit
1 Institution
CY2013 trex Number Of Customer Accounted For Ten Percent Or More Account Receivable
NumberOfCustomerAccountedForTenPercentOrMoreAccountReceivable
3 Customer
CY2013 trex Percentage Change In Warranty Claims Used As Threshold For Disclosure
PercentageChangeInWarrantyClaimsUsedAsThresholdForDisclosure
0.10 pure
CY2013 trex Average Period For Pe Material Purchases Under Short Term Supply Contracts For Which Pricing Is Negotiated As Needed
AveragePeriodForPeMaterialPurchasesUnderShortTermSupplyContractsForWhichPricingIsNegotiatedAsNeeded
P2Y
CY2013 trex Number Of Largest Raw Material Suppliers
NumberOfLargestRawMaterialSuppliers
4 Supplier
CY2013 trex Maturity Period Of Cash Equivalent
MaturityPeriodOfCashEquivalent
P3M
CY2013 trex Number Of Customer Accounted For Ten Percent Or More Sales Of Net Sales
NumberOfCustomerAccountedForTenPercentOrMoreSalesOfNetSales
1 Customer
CY2012 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
1242 shares
CY2012 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
17064856 shares
CY2012 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.659 pure
CY2012 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.17
CY2012 us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
482983 shares
CY2012 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P5Y
CY2012 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
CY2012 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
60443000
CY2012 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
406482 shares
CY2012 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.00 pure
CY2012 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
31.35
CY2012 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
91875000
CY2012 us-gaap Effect Of Lifo Inventory Liquidation On Income
EffectOfLIFOInventoryLiquidationOnIncome
4500000
CY2012 us-gaap Income Tax Reconciliation Tax Credits Other
IncomeTaxReconciliationTaxCreditsOther
54000
CY2012 us-gaap Other Comprehensive Income Derivatives Qualifying As Hedges Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeDerivativesQualifyingAsHedgesBeforeTaxPortionAttributableToParent
CY2012 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
CY2012 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
23189 shares
CY2012 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
314000
CY2012 us-gaap Operating Income Loss
OperatingIncomeLoss
12675000
CY2012 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-2660000
CY2012 us-gaap Net Income Loss
NetIncomeLoss
2720000
CY2012 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-11376000
CY2012 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
3469000
CY2012 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
shares
CY2012 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
16123592 shares
CY2012 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
5522000
CY2012 us-gaap Standard Product Warranty Accrual Preexisting Increase Decrease
StandardProductWarrantyAccrualPreexistingIncreaseDecrease
21487000
CY2012 us-gaap Payments For Restructuring
PaymentsForRestructuring
115000
CY2012 us-gaap Sales Revenue Net
SalesRevenueNet
307354000
CY2012 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
7593000
CY2012 us-gaap Increase Decrease In Income Taxes Payable Net Of Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable
-102000
CY2012 us-gaap Incremental Common Shares Attributable To Nonvested Shares With Forfeitable Dividends
IncrementalCommonSharesAttributableToNonvestedSharesWithForfeitableDividends
51799 shares
CY2012 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
822000
CY2012 us-gaap Interest Paid Net
InterestPaidNet
5792000
CY2012 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
CY2012 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
405000
CY2012 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
2720000
CY2012 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
750000
CY2012 us-gaap Gross Profit
GrossProfit
84582000
CY2012 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
3729000
CY2012 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-1909000
CY2012 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
590000
CY2012 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
11000
CY2012 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
88700000
CY2012 us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
821000
CY2012 us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
16784000
CY2012 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
1600000
CY2012 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
36000
CY2012 us-gaap Operating Leases Rent Expense Minimum Rentals
OperatingLeasesRentExpenseMinimumRentals
7500000
CY2012 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
-68000
CY2012 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
222772000
CY2012 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
-55326000
CY2012 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
618000
CY2012 us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
8845000
CY2012 us-gaap Proceeds From Collection Of Notes Receivable
ProceedsFromCollectionOfNotesReceivable
117000
CY2012 us-gaap Other Comprehensive Income Derivatives Qualifying As Hedges Tax Portion Attributable To Parent
OtherComprehensiveIncomeDerivativesQualifyingAsHedgesTaxPortionAttributableToParent
CY2012 us-gaap Share Based Compensation
ShareBasedCompensation
3469000
CY2012 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-2367000
CY2012 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
88000
CY2012 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
5524000
CY2012 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-7484000
CY2012 us-gaap Interest Expense
InterestExpense
8946000
CY2012 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
-418000
CY2012 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-731000
CY2012 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
1305000
CY2012 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
3000
CY2012 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
510000
CY2012 us-gaap Accretion Expense
AccretionExpense
39000
CY2012 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
2900000
CY2012 us-gaap Income Tax Reconciliation Nondeductible Expense
IncomeTaxReconciliationNondeductibleExpense
198000
CY2012 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
93700000
CY2012 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
108000
CY2012 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
17009000
CY2012 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0
CY2012 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
22000
CY2012 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
391000
CY2012 us-gaap Restructuring Charges
RestructuringCharges
727000
CY2012 us-gaap Depreciation
Depreciation
16500000
CY2012 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
2000
CY2012 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
303000
CY2012 us-gaap Proceeds From Repayments Of Restricted Cash Financing Activities
ProceedsFromRepaymentsOfRestrictedCashFinancingActivities
37000000
CY2012 us-gaap Advertising Expense
AdvertisingExpense
20500000
CY2012 us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
5450000
CY2012 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
46000
CY2012 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
71907000
CY2012 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1009000
CY2012 trex Number Of Customer Accounted For Ten Percent Or More Sales Of Net Sales
NumberOfCustomerAccountedForTenPercentOrMoreSalesOfNetSales
2 Customer
CY2013Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.25
CY2013Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.28
CY2013Q1 us-gaap Gross Profit
GrossProfit
41860000
CY2013Q1 us-gaap Net Income Loss
NetIncomeLoss
21569000
CY2013Q1 us-gaap Sales Revenue Net
SalesRevenueNet
107880000
CY2012Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.74
CY2012Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.80
CY2012Q1 us-gaap Gross Profit
GrossProfit
35419000
CY2012Q1 us-gaap Net Income Loss
NetIncomeLoss
12311000
CY2012Q1 us-gaap Sales Revenue Net
SalesRevenueNet
96100000
CY2012Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.48
CY2012Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.54
CY2012Q2 us-gaap Gross Profit
GrossProfit
33590000
CY2012Q2 us-gaap Net Income Loss
NetIncomeLoss
8339000
CY2012Q2 us-gaap Sales Revenue Net
SalesRevenueNet
94279000
CY2013Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.76
CY2013Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.78
CY2013Q2 us-gaap Gross Profit
GrossProfit
36922000
CY2013Q2 us-gaap Net Income Loss
NetIncomeLoss
13224000
CY2013Q2 us-gaap Sales Revenue Net
SalesRevenueNet
98551000
CY2012Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.86
CY2012Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.86
CY2012Q3 us-gaap Gross Profit
GrossProfit
2146000
CY2012Q3 us-gaap Net Income Loss
NetIncomeLoss
-14312000
CY2012Q3 us-gaap Standard Product Warranty Accrual Preexisting Increase Decrease
StandardProductWarrantyAccrualPreexistingIncreaseDecrease
20000000
CY2012Q3 us-gaap Sales Revenue Net
SalesRevenueNet
70819000
CY2013Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.91
CY2013Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.91
CY2013Q3 us-gaap Gross Profit
GrossProfit
151000
CY2013Q3 us-gaap Net Income Loss
NetIncomeLoss
-15298000
CY2013Q3 us-gaap Standard Product Warranty Accrual Preexisting Increase Decrease
StandardProductWarrantyAccrualPreexistingIncreaseDecrease
20000000
CY2013Q3 us-gaap Sales Revenue Net
SalesRevenueNet
72249000
CY2012Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.22
CY2012Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.22
CY2012Q4 us-gaap Gross Profit
GrossProfit
13426000
CY2012Q4 us-gaap Net Income Loss
NetIncomeLoss
-3619000
CY2012Q4 us-gaap Sales Revenue Net
SalesRevenueNet
46155000
CY2013Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.90
CY2013Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.91
CY2013Q4 us-gaap Gross Profit
GrossProfit
19685000
CY2013Q4 us-gaap Net Income Loss
NetIncomeLoss
15103000
CY2013Q4 us-gaap Sales Revenue Net
SalesRevenueNet
63831000
CY2013Q4 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
10900000

Files In Submission

Name View Source Status
0001193125-14-064056-index-headers.html Edgar Link pending
0001193125-14-064056-index.html Edgar Link pending
0001193125-14-064056.txt Edgar Link pending
0001193125-14-064056-xbrl.zip Edgar Link pending
d638900d10k.htm Edgar Link pending
d638900dex101.htm Edgar Link pending
d638900dex107.htm Edgar Link pending
d638900dex108.htm Edgar Link pending
d638900dex21.htm Edgar Link pending
d638900dex23.htm Edgar Link pending
d638900dex311.htm Edgar Link pending
d638900dex312.htm Edgar Link pending
d638900dex32.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xls Edgar Link pending
Financial_Report.xlsx Edgar Link pending
g638900g44z07.jpg Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R60.htm Edgar Link pending
R61.htm Edgar Link pending
R62.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending
trex-20131231.xml Edgar Link completed
trex-20131231.xsd Edgar Link pending
trex-20131231_cal.xml Edgar Link unprocessable
trex-20131231_def.xml Edgar Link unprocessable
trex-20131231_lab.xml Edgar Link unprocessable
trex-20131231_pre.xml Edgar Link unprocessable