$TREX
TREX CO INC

2023 Q3 Form 10-Q Financial Statement

#000119312523199386 Filed on July 31, 2023

View on sec.gov

Income Statement

Concept 2023 Q3 2023 Q2
Revenue $303.8M $356.5M
YoY Change 61.21% -7.69%
Cost Of Revenue $172.9M $200.1M
YoY Change 21.56% -12.58%
Gross Profit $130.9M $156.4M
YoY Change 183.27% -0.59%
Gross Profit Margin 43.08% 43.88%
Selling, General & Admin $44.53M $51.68M
YoY Change 65.81% 30.61%
% of Gross Profit 34.02% 33.03%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $13.00M $12.28M
YoY Change 13.35% 8.4%
% of Gross Profit 9.93% 7.85%
Operating Expenses $44.53M $51.68M
YoY Change 65.81% 30.61%
Operating Profit $86.36M $104.8M
YoY Change 346.3% -11.07%
Interest Expense $734.0K -$1.305M
YoY Change -1225.0%
% of Operating Profit 0.85% -1.25%
Other Income/Expense, Net
YoY Change
Pretax Income $87.10M $103.5M
YoY Change 350.09% -12.26%
Income Tax $21.83M $26.43M
% Of Pretax Income 25.07% 25.54%
Net Earnings $65.27M $77.04M
YoY Change 352.51% -13.36%
Net Earnings / Revenue 21.48% 21.61%
Basic Earnings Per Share $0.60 $0.71
Diluted Earnings Per Share $0.60 $0.71
COMMON SHARES
Basic Shares Outstanding 108.6M 108.8M
Diluted Shares Outstanding 108.7M 108.9M

Balance Sheet

Concept 2023 Q3 2023 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $4.644M $4.226M
YoY Change -21.09% -74.62%
Cash & Equivalents $4.644M $4.226M
Short-Term Investments
Other Short-Term Assets $271.0K $9.593M
YoY Change -64.01% 1928.12%
Inventory $60.38M $74.01M
Prepaid Expenses $6.859M $9.314M
Receivables $200.9M $266.8M
Other Receivables $0.00 $14.81M
Total Short-Term Assets $273.1M $369.4M
YoY Change 11.27% 15.72%
LONG-TERM ASSETS
Property, Plant & Equipment $671.0M $674.8M
YoY Change 25.11% 33.51%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $7.157M $7.244M
YoY Change 9.79% -4.8%
Total Long-Term Assets $723.7M $700.4M
YoY Change 21.33% 23.29%
TOTAL ASSETS
Total Short-Term Assets $273.1M $369.4M
Total Long-Term Assets $723.7M $700.4M
Total Assets $996.8M $1.070B
YoY Change 18.4% 20.57%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $31.80M $32.23M
YoY Change 45.32% -44.27%
Accrued Expenses $90.90M $68.72M
YoY Change 23.28% -10.46%
Deferred Revenue
YoY Change
Short-Term Debt $56.50M $206.0M
YoY Change -25.66%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $182.3M $322.8M
YoY Change 0.9% 132.52%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00
YoY Change
Other Long-Term Liabilities $16.56M $55.27M
YoY Change 43.25% 378.11%
Total Long-Term Liabilities $16.56M $55.27M
YoY Change 43.25% 378.11%
TOTAL LIABILITIES
Total Short-Term Liabilities $182.3M $322.8M
Total Long-Term Liabilities $16.56M $55.27M
Total Liabilities $305.2M $446.3M
YoY Change 6.94% 81.55%
SHAREHOLDERS EQUITY
Retained Earnings $1.314B $1.249B
YoY Change 17.27% 12.9%
Common Stock $138.5M $135.7M
YoY Change 5.57% 3.97%
Preferred Stock
YoY Change
Treasury Stock (at cost) $761.0M $761.0M
YoY Change 9.45% 27.86%
Treasury Stock Shares
Shareholders Equity $691.7M $623.5M
YoY Change
Total Liabilities & Shareholders Equity $996.8M $1.070B
YoY Change 18.4% 20.57%

Cashflow Statement

Concept 2023 Q3 2023 Q2
OPERATING ACTIVITIES
Net Income $65.27M $77.04M
YoY Change 352.51% -13.36%
Depreciation, Depletion And Amortization $13.00M $12.28M
YoY Change 13.35% 8.4%
Cash From Operating Activities $180.4M $223.3M
YoY Change 231.69% 92.27%
INVESTING ACTIVITIES
Capital Expenditures $30.56M $43.17M
YoY Change -173.54% -197.4%
Acquisitions
YoY Change
Other Investing Activities $0.00 $0.00
YoY Change -100.0%
Cash From Investing Activities -$30.56M -$43.17M
YoY Change -26.46% -2.5%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -149.5M -179.8M
YoY Change 533.13% 5.52%
NET CHANGE
Cash From Operating Activities 180.4M 223.3M
Cash From Investing Activities -30.56M -43.17M
Cash From Financing Activities -149.5M -179.8M
Net Change In Cash 418.0K 310.0K
YoY Change -103.88% -100.31%
FREE CASH FLOW
Cash From Operating Activities $180.4M $223.3M
Capital Expenditures $30.56M $43.17M
Free Cash Flow $149.9M $180.1M
YoY Change 56.19% 12.25%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
dei Amendment Flag
AmendmentFlag
false
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q2
dei Entity Central Index Key
EntityCentralIndexKey
0001069878
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Entity Registrant Name
EntityRegistrantName
TREX CO INC
dei Document Type
DocumentType
10-Q
dei Document Quarterly Report
DocumentQuarterlyReport
true
dei Document Period End Date
DocumentPeriodEndDate
2023-06-30
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2023
dei Document Transition Report
DocumentTransitionReport
false
dei Entity File Number
EntityFileNumber
001-14649
dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
DE
dei Entity Tax Identification Number
EntityTaxIdentificationNumber
54-1910453
dei Entity Address Address Line1
EntityAddressAddressLine1
2500 Trex Way
dei Entity Address City Or Town
EntityAddressCityOrTown
Winchester
dei Entity Address State Or Province
EntityAddressStateOrProvince
VA
dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
22601
dei City Area Code
CityAreaCode
540
dei Local Phone Number
LocalPhoneNumber
542-6300
dei Security12b Title
Security12bTitle
Common stock
dei Trading Symbol
TradingSymbol
TREX
dei Security Exchange Name
SecurityExchangeName
NYSE
dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
dei Entity Small Business
EntitySmallBusiness
false
dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
dei Entity Shell Company
EntityShellCompany
false
CY2023Q3 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
108563043
CY2023Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
356538000
CY2022Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
386249000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
595256000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
725477000
CY2023Q2 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
200090000
CY2022Q2 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
228872000
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
344380000
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
433188000
CY2023Q2 us-gaap Gross Profit
GrossProfit
156448000
CY2022Q2 us-gaap Gross Profit
GrossProfit
157377000
us-gaap Gross Profit
GrossProfit
250876000
us-gaap Gross Profit
GrossProfit
292289000
CY2023Q2 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
51681000
CY2022Q2 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
39568000
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
89162000
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
79529000
CY2023Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
104767000
CY2022Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
117809000
us-gaap Operating Income Loss
OperatingIncomeLoss
161714000
us-gaap Operating Income Loss
OperatingIncomeLoss
212760000
CY2023Q2 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-1305000
CY2022Q2 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
116000
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-3289000
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
104000
CY2023Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
103462000
CY2022Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
117925000
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
158425000
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
212864000
CY2023Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
26426000
CY2022Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
29009000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
40258000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
52737000
CY2023Q2 us-gaap Net Income Loss
NetIncomeLoss
77036000
CY2022Q2 us-gaap Net Income Loss
NetIncomeLoss
88916000
us-gaap Net Income Loss
NetIncomeLoss
118167000
us-gaap Net Income Loss
NetIncomeLoss
160127000
CY2023Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.71
CY2022Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.79
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.09
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.41
CY2023Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
108770204
CY2022Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
113099561
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
108771077
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
113864741
CY2023Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.71
CY2022Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.79
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.09
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.4
CY2023Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
108871440
CY2022Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
113259514
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
108893848
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
114052447
CY2023Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
77036000
CY2022Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
88916000
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
118167000
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
160127000
CY2023Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
4226000
CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
12325000
CY2023Q2 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
266808000
CY2022Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
98057000
CY2023Q2 us-gaap Inventory Net
InventoryNet
74007000
CY2022Q4 us-gaap Inventory Net
InventoryNet
141355000
CY2023Q2 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
24403000
CY2022Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
35105000
CY2023Q2 us-gaap Assets Current
AssetsCurrent
369444000
CY2022Q4 us-gaap Assets Current
AssetsCurrent
286842000
CY2023Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
645656000
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
589892000
CY2023Q2 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
29099000
CY2022Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
30991000
CY2023Q2 us-gaap Intangible Assets Net Including Goodwill
IntangibleAssetsNetIncludingGoodwill
18372000
CY2022Q4 us-gaap Intangible Assets Net Including Goodwill
IntangibleAssetsNetIncludingGoodwill
18582000
CY2023Q2 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
7244000
CY2022Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
7398000
CY2023Q2 us-gaap Assets
Assets
1069815000
CY2022Q4 us-gaap Assets
Assets
933705000
CY2023Q2 us-gaap Accounts Payable Current
AccountsPayableCurrent
32228000
CY2022Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
19935000
CY2023Q2 trex Accrued Liabilities And Other Liabilities Current Excluding Warranty
AccruedLiabilitiesAndOtherLiabilitiesCurrentExcludingWarranty
79803000
CY2022Q4 trex Accrued Liabilities And Other Liabilities Current Excluding Warranty
AccruedLiabilitiesAndOtherLiabilitiesCurrentExcludingWarranty
44064000
CY2023Q2 us-gaap Standard Product Warranty Accrual Current
StandardProductWarrantyAccrualCurrent
4766000
CY2022Q4 us-gaap Standard Product Warranty Accrual Current
StandardProductWarrantyAccrualCurrent
4600000
CY2023Q2 us-gaap Lines Of Credit Current
LinesOfCreditCurrent
206000000
CY2022Q4 us-gaap Lines Of Credit Current
LinesOfCreditCurrent
222000000
CY2023Q2 us-gaap Liabilities Current
LiabilitiesCurrent
322797000
CY2022Q4 us-gaap Liabilities Current
LiabilitiesCurrent
290599000
CY2023Q2 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
68224000
CY2022Q4 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
68224000
CY2023Q2 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
21916000
CY2022Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
23974000
CY2023Q2 us-gaap Standard Product Warranty Accrual Noncurrent
StandardProductWarrantyAccrualNoncurrent
21793000
CY2022Q4 us-gaap Standard Product Warranty Accrual Noncurrent
StandardProductWarrantyAccrualNoncurrent
20999000
CY2023Q2 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
11560000
CY2022Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
11560000
CY2023Q2 us-gaap Liabilities
Liabilities
446290000
CY2022Q4 us-gaap Liabilities
Liabilities
415356000
CY2023Q2 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2022Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2023Q2 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2022Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2023Q2 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
3000000
CY2022Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
3000000
CY2023Q2 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0
CY2022Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0
CY2023Q2 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0
CY2022Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0
CY2023Q2 us-gaap Preferred Stock Value
PreferredStockValue
0
CY2022Q4 us-gaap Preferred Stock Value
PreferredStockValue
0
CY2023Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2022Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2023Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
360000000
CY2022Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
360000000
CY2023Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
140931122
CY2022Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
140841833
CY2023Q2 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
108567816
CY2022Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
108743423
CY2023Q2 us-gaap Common Stock Value
CommonStockValue
1409000
CY2022Q4 us-gaap Common Stock Value
CommonStockValue
1408000
CY2023Q2 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
134293000
CY2022Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
131539000
CY2023Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
1248841000
CY2022Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
1130674000
CY2023Q2 trex Treasury Stock Share
TreasuryStockShare
32363306
CY2022Q4 trex Treasury Stock Share
TreasuryStockShare
32098410
CY2023Q2 us-gaap Treasury Stock Value
TreasuryStockValue
761018000
CY2022Q4 us-gaap Treasury Stock Value
TreasuryStockValue
745272000
CY2023Q2 us-gaap Stockholders Equity
StockholdersEquity
623525000
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
518349000
CY2023Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1069815000
CY2022Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
933705000
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
518349000
CY2023Q1 us-gaap Net Income Loss
NetIncomeLoss
41131000
CY2023Q1 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
316000
CY2023Q1 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
1592000
CY2023Q1 us-gaap Stock Issued During Period Value Share Based Compensation Gross
StockIssuedDuringPeriodValueShareBasedCompensationGross
1973000
CY2023Q1 us-gaap Stockholders Equity
StockholdersEquity
560177000
CY2023Q2 us-gaap Net Income Loss
NetIncomeLoss
77036000
CY2023Q2 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
323000
CY2023Q2 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
855000
CY2023Q2 us-gaap Stock Issued During Period Value Share Based Compensation Gross
StockIssuedDuringPeriodValueShareBasedCompensationGross
2590000
CY2023Q2 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
15746000
CY2023Q2 us-gaap Stockholders Equity
StockholdersEquity
623525000
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
725034000
CY2022Q1 us-gaap Net Income Loss
NetIncomeLoss
71211000
CY2022Q1 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
523000
CY2022Q1 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
2912000
CY2022Q1 us-gaap Stock Issued During Period Value Share Based Compensation Gross
StockIssuedDuringPeriodValueShareBasedCompensationGross
2226000
CY2022Q1 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
75017000
CY2022Q1 us-gaap Stockholders Equity
StockholdersEquity
721065000
CY2022Q2 us-gaap Net Income Loss
NetIncomeLoss
88916000
CY2022Q2 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
429000
CY2022Q2 us-gaap Stock Issued During Period Value Share Based Compensation Gross
StockIssuedDuringPeriodValueShareBasedCompensationGross
1057000
CY2022Q2 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
169992000
CY2022Q2 us-gaap Stockholders Equity
StockholdersEquity
641475000
us-gaap Profit Loss
ProfitLoss
118167000
us-gaap Profit Loss
ProfitLoss
160127000
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
24198000
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
21804000
us-gaap Share Based Compensation
ShareBasedCompensation
4562000
us-gaap Share Based Compensation
ShareBasedCompensation
3282000
us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-1081000
us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
43000
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
388000
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
365000
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
168751000
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
26988000
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-67348000
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
17119000
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-2046000
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-949000
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
13816000
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
32943000
us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
20686000
us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
13175000
us-gaap Increase Decrease In Income Taxes Payable Net Of Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable
25016000
us-gaap Increase Decrease In Income Taxes Payable Net Of Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable
2227000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
107781000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
189992000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
82357000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
66606000
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
45000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-82357000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-66561000
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
330000000
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
346000000
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
18192000
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
247921000
us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
639000
us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
951000
trex Payments For Proceeds From Financing Costs
PaymentsForProceedsFromFinancingCosts
-30000
trex Payments For Proceeds From Financing Costs
PaymentsForProceedsFromFinancingCosts
866000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-33523000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-247836000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-8099000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-124405000
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
12325000
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
141053000
CY2023Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
4226000
CY2022Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
16648000
us-gaap Interest Paid Net
InterestPaidNet
2602000
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
15348000
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
48915000
trex Capital Expenditures In Accounts Payable
CapitalExpendituresInAccountsPayable
1523000
trex Capital Expenditures In Accounts Payable
CapitalExpendituresInAccountsPayable
21000
us-gaap Nature Of Operations
NatureOfOperations
<div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 12pt; letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> <table cellpadding="0" cellspacing="0" style="border: 0px currentcolor; width: 100%; font-family: &quot;Times New Roman&quot;; font-size: 10pt; border-collapse: collapse; border-spacing: 0px;"> <tr style="page-break-inside: avoid;"> <td style="width: 4%; vertical-align: top;;text-align:left;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">1.</div></div></td> <td style="vertical-align: top;;text-align:left;"><div style="text-align: left; font-family: &quot;Times New Roman&quot;; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-weight:bold;display:inline;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">BUSINESS AND ORGANIZATION </div></div></div></td></tr></table><div style="clear:both;max-height:0pt;"></div><div style="text-indent: 4%; font-family: Times New Roman; font-size: 10pt; margin-top: 6pt; margin-bottom: 0pt;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Trex Company, Inc. (Trex, Company), a Delaware corporation, was incorporated on September 4, 1998. As of December 30, 2022, the Company operates in one reportable segment, Trex Residential Products (Trex Residential). Through December 30, 2022, Trex had one wholly-owned subsidiary, Trex Commercial Products, Inc. (Trex Commercial) and operated in two reportable segments, Trex Residential and Trex Commercial. </div></div><div style="text-indent: 4%; font-family: Times New Roman; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt;">Trex Res<div style="display:inline;">iden</div>tial, the Company’s principal business based on net sales, is the world’s largest manufacturer of high-performance, <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">low-maintenance</div> wood-alternative decking and residential railing and outdoor living products and accessories, marketed under the brand name Trex<div style="font-size: 75%; vertical-align: top;;display:inline;;font-size:8.3px">®</div>, with more than 30 years of product experience. A majority of its products are manufactured in a proprietary process that combines reclaimed wood fibers and scrap polyethylene. The principal executive offices are located at 2500 Trex Way, Winchester, Virginia 22601, and the telephone number at that address is <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">(540) 542-6300.</div> </div>
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
1
CY2023Q2 us-gaap Inventory Finished Goods
InventoryFinishedGoods
52660000
CY2022Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
107114000
CY2023Q2 us-gaap Inventory Raw Materials
InventoryRawMaterials
56398000
CY2022Q4 us-gaap Inventory Raw Materials
InventoryRawMaterials
69292000
CY2023Q2 us-gaap Inventory Gross
InventoryGross
109058000
CY2022Q4 us-gaap Inventory Gross
InventoryGross
176406000
CY2023Q2 us-gaap Inventory Lifo Reserve
InventoryLIFOReserve
35051000
CY2022Q4 us-gaap Inventory Lifo Reserve
InventoryLIFOReserve
35051000
CY2023Q2 us-gaap Lifo Inventory Amount
LIFOInventoryAmount
74007000
CY2022Q4 us-gaap Lifo Inventory Amount
LIFOInventoryAmount
141355000
CY2023Q2 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
9314000
CY2022Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
10787000
CY2023Q2 us-gaap Income Taxes Receivable
IncomeTaxesReceivable
14810000
CY2022Q4 us-gaap Income Taxes Receivable
IncomeTaxesReceivable
23979000
CY2023Q2 us-gaap Other Assets Current
OtherAssetsCurrent
279000
CY2022Q4 us-gaap Other Assets Current
OtherAssetsCurrent
339000
CY2023Q2 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
24403000
CY2022Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
35105000
us-gaap Line Of Credit Facility Expiration Date1
LineOfCreditFacilityExpirationDate1
2024-11-05
CY2023Q2 us-gaap Lines Of Credit Current
LinesOfCreditCurrent
206000000
CY2023Q2 us-gaap Line Of Credit Facility Remaining Borrowing Capacity
LineOfCreditFacilityRemainingBorrowingCapacity
344000000
CY2022Q4 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
6300000
CY2023Q2 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
6300000
CY2023Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
2100000
CY2022Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
1900000
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
200000
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
200000
CY2023Q2 us-gaap Accrued Marketing Costs Current
AccruedMarketingCostsCurrent
31230000
CY2022Q4 us-gaap Accrued Marketing Costs Current
AccruedMarketingCostsCurrent
19194000
CY2023Q2 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
15576000
CY2022Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
8646000
CY2023Q2 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
7498000
CY2022Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
7488000
CY2023Q2 trex Accrued Manufacturing Expenses Current
AccruedManufacturingExpensesCurrent
3802000
CY2022Q4 trex Accrued Manufacturing Expenses Current
AccruedManufacturingExpensesCurrent
3425000
CY2023Q2 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
15848000
CY2022Q4 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
0
CY2023Q2 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
5849000
CY2022Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
5311000
CY2023Q2 trex Accrued Liabilities And Other Liabilities Current Excluding Warranty
AccruedLiabilitiesAndOtherLiabilitiesCurrentExcludingWarranty
79803000
CY2022Q4 trex Accrued Liabilities And Other Liabilities Current Excluding Warranty
AccruedLiabilitiesAndOtherLiabilitiesCurrentExcludingWarranty
44064000
us-gaap Operating Lease Cost
OperatingLeaseCost
4200000
us-gaap Operating Lease Cost
OperatingLeaseCost
4200000
CY2023Q2 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P4Y9M18D
CY2022Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P5Y2M12D
CY2023Q2 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0227
CY2022Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.021
us-gaap Operating Lease Payments
OperatingLeasePayments
4302000
us-gaap Operating Lease Payments
OperatingLeasePayments
4334000
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
1882000
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
6714000
CY2023Q2 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
29099000
CY2022Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
30991000
CY2023Q2 trex Lessee Operating Leases Accrued Expenses And Other Current Liabilities
LesseeOperatingLeasesAccruedExpensesAndOtherCurrentLiabilities
7498000
CY2022Q4 trex Lessee Operating Leases Accrued Expenses And Other Current Liabilities
LesseeOperatingLeasesAccruedExpensesAndOtherCurrentLiabilities
7488000
CY2023Q2 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
21916000
CY2022Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
23974000
CY2023Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
29414000
CY2022Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
31462000
CY2023Q2 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
3863000
CY2023Q2 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
7386000
CY2023Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
5552000
CY2023Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
4851000
CY2023Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
4446000
CY2023Q2 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
4845000
CY2023Q2 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
30943000
CY2023Q2 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
1529000
CY2023Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
29414000
CY2023Q2 us-gaap Net Income Loss
NetIncomeLoss
77036000
CY2022Q2 us-gaap Net Income Loss
NetIncomeLoss
88916000
us-gaap Net Income Loss
NetIncomeLoss
118167000
us-gaap Net Income Loss
NetIncomeLoss
160127000
CY2023Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
108770204
CY2022Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
113099561
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
108771077
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
113864741
CY2023Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
108871440
CY2022Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
113259514
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
108893848
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
114052447
CY2023Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.71
CY2022Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.79
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.09
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.41
CY2023Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.71
CY2022Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.79
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.09
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.4
CY2022Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
386249000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
725477000
CY2022Q4 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2
CY2023Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
2590000
CY2022Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
1057000
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
4562000
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
3282000
CY2023Q2 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Share Based Awards Other Than Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedShareBasedAwardsOtherThanOptions
14400000
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.254
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.248
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
40300000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
52700000
trex Excess Tax Benefits From Stock Based Awards
ExcessTaxBenefitsFromStockBasedAwards
200000
trex Excess Tax Benefits From Stock Based Awards
ExcessTaxBenefitsFromStockBasedAwards
100000
CY2023Q2 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
3000000
CY2023Q2 trex Sensitivity Change In Surface Flaking Warranty Reserve
SensitivityChangeInSurfaceFlakingWarrantyReserve
1500000
CY2021Q4 us-gaap Area Of Land
AreaOfLand
300

Files In Submission

Name View Source Status
0001193125-23-199386-index-headers.html Edgar Link pending
0001193125-23-199386-index.html Edgar Link pending
0001193125-23-199386.txt Edgar Link pending
0001193125-23-199386-xbrl.zip Edgar Link pending
d397707d10q.htm Edgar Link pending
d397707dex102.htm Edgar Link pending
d397707dex103.htm Edgar Link pending
d397707dex104.htm Edgar Link pending
d397707dex105.htm Edgar Link pending
d397707dex106.htm Edgar Link pending
d397707dex107.htm Edgar Link pending
d397707dex108.htm Edgar Link pending
d397707dex311.htm Edgar Link pending
d397707d10q_htm.xml Edgar Link completed
d397707dex312.htm Edgar Link pending
d397707dex32.htm Edgar Link pending
d397707dex33.htm Edgar Link pending
Financial_Report.xlsx Edgar Link pending
g397707snap1.jpg Edgar Link pending
MetaLinks.json 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
R6.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-20230630.xsd Edgar Link pending
trex-20230630_def.xml Edgar Link unprocessable
trex-20230630_lab.xml Edgar Link unprocessable
trex-20230630_pre.xml Edgar Link unprocessable
FilingSummary.xml Edgar Link unprocessable
trex-20230630_cal.xml Edgar Link unprocessable