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Revenue Recognition (Tables) | 12 Months Ended
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Dec. 31, 2021
Revenue from Contract with Customer [Abstract] |
Summary of Revenues Disaggregated by End Market and Product | The following tables present our revenues disaggregated by end market and product (in thousands):
| Years ended December 31,
| 2021 |  |  |  | 2020 |  |  |  | 2019 |  |
Residential new construction | $ | 1,500,750 |  |  | 76 | % |  | $ | 1,243,498 |  |  | 75 | % |  | $ | 1,138,475 |  |  | 75 | %
Repair and remodel | 133,986 |  |  | 7 | % |  | 106,784 |  |  | 7 | % |  | 98,771 |  |  | 7 | %
Commercial | 333,914 |  |  | 17 | % |  | 302,943 |  |  | 18 | % |  | 274,383 |  |  | 18 | %
Net revenues | $ | 1,968,650 |  |  | 100 | % |  | $ | 1,653,225 |  |  | 100 | % |  | $ | 1,511,629 |  |  | 100 | %
| Years ended December 31,
| 2021 |  |  |  | 2020 |  |  |  | 2019 |  |
Insulation | $ | 1,262,628 |  |  | 64 | % |  | $ | 1,058,316 |  |  | 64 | % |  | $ | 970,070 |  |  | 64 | %
Shower doors, shelving and mirrors | 138,797 |  |  | 7 | % |  | 117,131 |  |  | 7 | % |  | 105,745 |  |  | 7 | %
Waterproofing | 130,924 |  |  | 7 | % |  | 122,962 |  |  | 7 | % |  | 112,075 |  |  | 7 | %
Garage doors | 108,675 |  |  | 5 | % |  | 93,516 |  |  | 6 | % |  | 89,959 |  |  | 6 | %
Rain gutters | 86,406 |  |  | 4 | % |  | 62,672 |  |  | 4 | % |  | 49,788 |  |  | 3 | %
Fireproofing/firestopping | 59,381 |  |  | 3 | % |  | 49,648 |  |  | 3 | % |  | 41,845 |  |  | 3 | %
Window blinds | 50,255 |  |  | 3 | % |  | 46,984 |  |  | 3 | % |  | 41,641 |  |  | 3 | %
Other building products | 131,584 |  |  | 7 | % |  | 101,996 |  |  | 6 | % |  | 100,506 |  |  | 7 | %
Net revenues | $ | 1,968,650 |  |  | 100 | % |  | $ | 1,653,225 |  |  | 100 | % |  | $ | 1,511,629 |  |  | 100 | %
Summary of Assets and Liabilities Related to Uncompleted Contracts and Customer Deposits | Contract assets and liabilities related to our uncompleted contracts and customer deposits were as follows (in thousands):
| As of December 31,
| 2021 |  | 2020
Contract assets | $ | 32,679 |  |  | $ | 24,334 |
Contract liabilities | (14,153) |  |  | (8,965) |
Schedule of Cost and Estimated Earnings on Uncompleted Contracts | Uncompleted contracts were as follows (in thousands):
| As of December 31,
| 2021 |  | 2020
Costs incurred on uncompleted contracts | $ | 206,050 |  |  | $ | 169,544 |
Estimated earnings | 106,163 |  |  | 90,737 |
Total | 312,213 |  |  | 260,281 |
Less: Billings to date | 285,978 |  |  | 240,665 |
Net under billings | $ | 26,235 |  |  | $ | 19,616 |
Schedule of Net Under Billings | Net under billings were as follows (in thousands):
| As of December 31,
| 2021 |  | 2020
Costs and estimated earnings in excess of billings on uncompleted contracts (contract assets) | $ | 32,679 |  |  | $ | 24,334 |
Billings in excess of costs and estimated earnings on uncompleted contracts (contract liabilities) | (6,444) |  |  | (4,718) |
Net under billings | $ | 26,235 |  |  | $ | 19,616 |

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