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Information on Segments (Tables)

6 Months Ended

Jun. 30, 2022

Segment Reporting [Abstract]

Schedule of Segment Information

The following table represents our segment information for the three months ended June 30, 2022 and 2021 (in thousands):

			Three months ended June 30, 2022																								Three months ended June 30, 2021
			Installation						Other						Eliminations						Consolidated						Installation						Other						Eliminations						Consolidated
Revenue			$	637,998					$	40,291					$	(1,540)					$	676,749					$	482,965					$	5,623					$	(490)					$	488,098
Cost of sales (exclusive of depreciation and amortization shown separately below)			419,812						30,392						(1,290)						448,914						322,244						4,076						(386)						325,934
Adjusted gross profit			218,186						9,899						(250)						227,835						160,721						1,547						(104)						162,164
Depreciation and amortization																					11,126																								10,278
Gross profit, as reported																					216,709																								151,886
Selling																					29,371																								22,631
Administrative																					84,030																								66,474
Amortization																					11,261																								9,178
Operating income																					92,047																								53,603
Interest expense, net																					10,401																								7,520
Other expense (income)																					368																								(92)
Income before income taxes																					$	81,278																							$	46,175

			Three months ended June 30, 2022																								Three months ended June 30, 2021
			Installation						Other						Eliminations						Consolidated						Installation						Other						Eliminations						Consolidated
Adjusted gross profit percentage			34.2		%				24.6		%				16.2		%				33.7		%				33.3		%				27.5		%				21.2		%				33.2		%

The following table represents our segment information for the six months ended June 30, 2022 and 2021 (in thousands):

			Six months ended June 30, 2022																								Six months ended June 30, 2021
			Installation						Other						Eliminations						Consolidated						Installation						Other						Eliminations						Consolidated
Revenue			$	1,199,629					$	66,941					$	(2,329)					$	1,264,241					$	915,142					$	10,877					$	(855)					$	925,164
Cost of sales (exclusive of depreciation and amortization shown separately below)			805,504						49,765						(1,899)						853,370						620,077						8,143						(669)						627,551
Adjusted gross profit			394,125						17,176						(430)						410,871						295,065						2,734						(186)						297,613
Depreciation and amortization																					21,759																								20,300
Gross profit, as reported																					389,112																								277,313
Selling																					54,563																								43,489
Administrative																					163,174																								131,551
Amortization																					22,358																								17,574
Operating income																					149,017																								84,699
Interest expense, net																					21,001																								15,094
Other expense (income)																					513																								(11)
Income before income taxes																					$	127,503																							$	69,616

			Six months ended June 30, 2022																								Six months ended June 30, 2021
			Installation						Other						Eliminations						Consolidated						Installation						Other						Eliminations						Consolidated
Adjusted gross profit percentage			32.9		%				25.7		%				18.5		%				32.5		%				32.2		%				25.1		%				21.8		%				32.2		%

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- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8736-108599

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 25
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8813-108599

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 1
-URI https://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8906-108599

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- References

No definition available.

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