XML 53 R40.htm IDEA: XBRL DOCUMENT
v3.22.0.1

Employee Benefits (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2021
Retirement Benefits [Abstract] |
Summary of Workers' Compensation Known Claims and IBNR Reserves | Workers’ compensation known claims and IBNR reserves included on the Consolidated Balance Sheets were as follows (in thousands):
| As of December 31,
| 2021 |  | 2020
Included in other current liabilities | $ | 8,048 |  |  | $ | 7,703 |
Included in other long-term liabilities | 13,397 |  | 11,986
| $ | 21,445 |  |  | $ | 19,689 |
Schedule of Insurance Receivable for Claims | This receivable offsets an equal liability included within the reserve amounts noted above and was as follows (in thousands):
| As of December 31,
| 2021 |  | 2020
Included in other non-current assets | $ | 2,137 |  |  | $ | 1,854 |
Contributions to Multiemployer Pensions and Health and Welfare Benefit Plans | Our contributions to multiemployer pension and health and welfare benefit plans were as follows (in thousands):
| Years ended December 31,
| 2021 |  | 2020 |  | 2019
Pension plans | $ | 2,783 |  |  | $ | 1,128 |  |  | $ | 809 |
Health & welfare plans | 2,893 |  | 952 |  | 674
Total contributions | $ | 5,676 |  |  | $ | 2,080 |  |  | $ | 1,483 |
Summary of Equity-Based Awards for Employees | Amounts and changes for each category of equity-based award were as follows:
| Common Stock Awards |  | Performance-Based Stock Awards |  | Performance-Based Restricted Stock Units
| Awards |  | Weighted Average Grant Date Fair Value Per Share |  | Awards |  | Weighted Average Grant Date Fair Value Per Share |  | Units |  | Weighted Average Grant Date Fair Value Per Share
Nonvested awards/units at December 31, 2020 | 231,280 |  |  | $ | 48.05 |  |  | 166,961 |  |  | $ | 59.97 |  |  | 13,273 |  |  | $ | 36.51 |
Granted | 55,815 |  |  | 124.88 |  |  | 42,449 |  |  | 123.32 |  |  | 8,470 |  |  | 126.89 |
Vested | (84,641) |  |  | 48.87 |  |  | (64,525) |  |  | 52.79 |  |  | (12,952) |  |  | 36.51 |
Forfeited/Cancelled | (3,101) |  |  | 62.36 |  |  | (1,484) |  |  | 123.26 |  |  | (539) |  |  | 73.06 |
Nonvested awards/units at December 31, 2021 | 199,353 |  |  | $ | 68.99 |  |  | 143,401 |  |  | $ | 81.30 |  |  | 8,252 |  |  | $ | 126.89 |
Summary of Stock Compensation Expenses | The following table summarizes the share-based compensation expense recognized under our 2014 Omnibus Incentive Plan (in thousands):
| Years ended December 31,
| 2021 |  | 2020 |  | 2019
Common Stock Awards | $ | 5,285 |  |  | $ | 4,116 |  |  | $ | 4,242 |
Non-Employee Common Stock Awards | 465 |  |  | 333 |  |  | 359 |
Performance-Based Stock Awards | 4,528 |  |  | 3,869 |  |  | 3,034 |
Liability Performance-Based Stock Awards | 2,612 |  |  | 1,969 |  |  | 432 |
Performance-Based Restricted Stock Units | 862 |  |  | 539 |  |  | 660 |
| $ | 13,752 |  |  | $ | 10,826 |  |  | $ | 8,727 |
We recorded the following stock compensation expense, by income statement category (in thousands):
| Years ended December 31,
| 2021 |  | 2020 |  | 2019
Cost of sales | $ | 448 |  |  | $ | 284 |  |  | $ | 374 |
Selling | 204 |  |  | 202 |  |  | 194 |
Administrative | 13,100 |  |  | 10,340 |  |  | 8,159 |
| $ | 13,752 |  |  | $ | 10,826 |  |  | $ | 8,727 |
Unrecognized Share-Based Compensation Expense Related to Unvested Awards | Unrecognized share-based compensation expense related to unvested awards was as follows (in thousands):
| As of December 31, 2021
| Unrecognized Compensation Expense on Unvested Awards |  | Weighted Average Remaining Vesting Period
Common Stock Awards | $ | 7,518 |  |  | 1.7
Performance-Based Stock Awards | 4,832 |  |  | 1.6
Performance-Based Restricted Stock Units | 301 |  |  | 0.3
Total unrecognized compensation expense related to unvested awards | $ | 12,651 |  |  |

X
- Definition Schedule of employee related liabilities. + References No definition available. + Details
Name: | ibp_ScheduleOfEmployeeRelatedLiabilitiesTableTextBlock
Namespace Prefix: | ibp_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Schedule of insurance loss reserves for insured obligations. + References No definition available. + Details
Name: | ibp_ScheduleOfInsuranceLossReservesForInsuredObligationsTableTextBlock
Namespace Prefix: | ibp_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_CompensationAndRetirementDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of allocation of amount expensed and capitalized for award under share-based payment arrangement to statement of income or comprehensive income and statement of financial position. Includes, but is not limited to, corresponding line item in financial statement. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(1) -URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SAB Topic 14.F) -URI http://asc.fasb.org/extlink&oid=122041274&loc=d3e301413-122809 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5047-113901 + Details
Name: | us-gaap_ScheduleOfEmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of information about multiemployer plan. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 80 -Section 50 -Paragraph 5 -Subparagraph (f)(2) -URI http://asc.fasb.org/extlink&oid=65877416&loc=SL14450657-114947 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 80 -Section 50 -Paragraph 5 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=65877416&loc=SL14450657-114947 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 80 -Section 50 -Paragraph 5 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=65877416&loc=SL14450657-114947 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 80 -Section 50 -Paragraph 5 -Subparagraph (e)(1) -URI http://asc.fasb.org/extlink&oid=65877416&loc=SL14450657-114947 Reference 5: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 80 -Section 55 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=35742348&loc=SL14450788-114948 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 80 -Section 50 -Paragraph 5 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=65877416&loc=SL14450657-114947 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 80 -Section 50 -Paragraph 9 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=65877416&loc=SL14450691-114947 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 80 -Section 50 -Paragraph 5 -Subparagraph (e)(2) -URI http://asc.fasb.org/extlink&oid=65877416&loc=SL14450657-114947 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 80 -Section 50 -Paragraph 9 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=65877416&loc=SL14450691-114947 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 80 -Section 50 -Paragraph 5 -Subparagraph (f)(1) -URI http://asc.fasb.org/extlink&oid=65877416&loc=SL14450657-114947 Reference 11: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 80 -Section 50 -Paragraph 5 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=65877416&loc=SL14450657-114947 + Details
Name: | us-gaap_ScheduleOfMultiemployerPlansTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the changes in outstanding nonvested shares. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(2) -URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901 + Details
Name: | us-gaap_ScheduleOfNonvestedShareActivityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of cost not yet recognized and weighted-average period over which cost is expected to be recognized for nonvested award under share-based payment arrangement. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (i) -URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901 + Details
Name: | us-gaap_ScheduleOfUnrecognizedCompensationCostNonvestedAwardsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration