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v3.26.1

Segment Information (Tables) | 3 Months Ended
--- | ---
Jun. 30, 2026
Segment Reporting [Abstract] |
Schedule of Operating Segments | The following is the Company’s segment information:
|  | Operating Income
(Millions of U.S. dollars) |  | Siding & Trim |  | Deck, Rail & Accessories |  | Australia & New Zealand |  | Europe |  | Total
For the three months ended June 30, 2026 |  |  |  |  |  |  |  |
Net sales |  | $ | 859.8 |  |  | $ | 305.1 |  |  | $ | 153.3 |  |  | $ | 156.4 |  |  | $ | 1,474.6 |
Cost of goods sold |  | 525.7 |  |  | 208.2 |  |  | 86.1 |  |  | 105.9 |  |  | 925.9 |
Gross profit |  | 334.1 |  |  | 96.9 |  |  | 67.2 |  |  | 50.5 |  |  | 548.7 |
Selling, general and administrative expenses |  | 105.4 |  |  | 92.1 |  |  | 19.1 |  |  | 29.4 |  |  | 246.0 |
Restructuring expenses 1 |  | — |  |  | 5.2 |  |  | — |  |  | — |  |  | 5.2 |
Other expenses 2 |  | 13.8 |  |  | 2.9 |  |  | 1.3 |  |  | 0.9 |  |  | 18.9 |
Segment operating income (loss) |  | $ | 214.9 |  |  | $ | (3.3) |  |  | $ | 46.8 |  |  | $ | 20.2 |  |  | $ | 278.6 |
Reconciliation to consolidated net income |  |  |  |  |  |  |  |  |  |
General Corporate costs 3, 4 |  |  |  |  |  |  |  |  |  | (60.9) |
Interest, net |  |  |  |  |  |  |  |  |  | (61.5) |
Other income, net |  |  |  |  |  |  |  |  |  | 1.1 |
Income tax expense |  |  |  |  |  |  |  |  |  | (53.0) |
Consolidated net income |  |  |  |  |  |  |  |  |  | $ | 104.3 |
____________ 1.Exit costs related to the closure of a recycling plant in Oregon. Exit costs primarily consisted of fixed asset impairments, lease exit costs and employee costs. 2.Other expenses represent R&D costs and acquisition related expenses allocated to the segments. 3.Includes acquisition related expenses. 4.Starting July 1, 2025, the Company began allocating R&D costs to the segments.
|  | Operating Income
(Millions of U.S. dollars) |  | Siding & Trim |  | Australia & New Zealand |  | Europe |  | Total
For the three months ended June 30, 2025 |  |  |  |  |  |
Net sales |  | $ | 641.8 |  |  | $ | 121.6 |  |  | $ | 136.5 |  |  | $ | 899.9 |
Cost of goods sold |  | 401.3 |  |  | 69.3 |  |  | 92.4 |  |  | 563.0 |
Gross profit |  | 240.5 |  |  | 52.3 |  |  | 44.1 |  |  | 336.9 |
Selling, general and administrative expenses |  | 76.0 |  |  | 14.2 |  |  | 28.2 |  |  | 118.4 |
Other expenses 1 |  | 3.3 |  |  | 0.3 |  |  | 0.8 |  |  | 4.4 |
Segment operating income |  | $ | 161.2 |  |  | $ | 37.8 |  |  | $ | 15.1 |  |  | $ | 214.1 |
Reconciliation to consolidated net income |  |  |  |  |  |  |  |
General Corporate 2 and Unallocated R&D costs |  |  |  |  |  |  |  | (75.5) |
Interest, net |  |  |  |  |  |  |  | (37.8) |
Other expense, net |  |  |  |  |  |  |  | (11.1) |
Income tax expense |  |  |  |  |  |  |  | (27.1) |
Consolidated net income |  |  |  |  |  |  |  | $ | 62.6 |
____________ 1.Other expenses represent R&D costs and acquisition related expenses allocated to the segments. 2.Includes acquisition related expenses.
|  | Depreciation and Amortization Three Months Ended June 30,
(Millions of U.S. dollars) |  | 2026 |  | 2025
Siding & Trim |  | $ | 68.5 |  |  | $ | 43.6 |
Deck, Rail & Accessories |  | 80.9 |  |  | — |
Australia & New Zealand |  | 6.7 |  |  | 5.2 |
Europe |  | 10.2 |  |  | 6.8 |
General Corporate and R&D |  | 2.5 |  |  | 0.9 |
Total |  | $ | 168.8 |  |  | $ | 56.5 |
|  | Capital Expenditures Three Months Ended June 30,
(Millions of U.S. dollars) |  | 2026 |  | 2025
Siding & Trim |  | $ | 49.2 |  |  | $ | 73.9 |
Deck, Rail & Accessories |  | 12.9 |  |  | — |
Australia & New Zealand |  | 14.3 |  |  | 13.7 |
Europe |  | 10.3 |  |  | 12.9 |
General Corporate and R&D |  | 3.1 |  |  | 2.7 |
Total |  | $ | 89.8 |  |  | $ | 103.2 |

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- Definition Tabular disclosure of segment reporting. Includes, but is not limited to, reconciliation of reportable segment amount to corresponding consolidated total. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 31 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-31 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 34 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-34 Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 32 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-32 Reference 4: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 30 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-30 Reference 5: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 26C -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-26C Reference 6: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 26B -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-26B Reference 7: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 26A -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-26A Reference 8: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 25 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-25 Reference 9: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-22 Reference 10: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 15 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-15 + Details
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