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Information on Segments (Tables)

9 Months Ended

Sep. 30, 2022

Segment Reporting [Abstract]

Schedule of Segment Information

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

			Three months ended September 30, 2022																								Three months ended September 30, 2021
			Installation						Other						Eliminations						Consolidated						Installation						Other						Eliminations						Consolidated
Revenue			$	672,916					$	47,748					$	(1,550)					$	719,114					$	504,161					$	6,305					$	(703)					$	509,763
Cost of sales (exclusive of depreciation and amortization shown separately below)			450,017						37,659						(1,116)						486,560						339,308						4,837						(539)						343,606
Segment gross profit			222,899						10,089						(434)						232,554						164,853						1,468						(164)						166,157
Depreciation and amortization																					11,277																								10,273
Gross profit, as reported																					221,277																								155,884
Selling																					31,651																								24,188
Administrative																					84,345																								68,056
Amortization																					11,370																								9,224
Operating income																					93,911																								54,416
Interest expense, net																					10,668																								7,687
Other expense (income)																					185																								(483)
Income before income taxes																					$	83,058																							$	47,212

			Three months ended September 30, 2022																								Three months ended September 30, 2021
			Installation						Other						Eliminations						Consolidated						Installation						Other						Eliminations						Consolidated
Segment gross profit percentage			33.1		%				21.1		%				28.0		%				32.3		%				32.7		%				23.3		%				23.3		%				32.6		%

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

			Nine months ended September 30, 2022																								Nine months ended September 30, 2021
			Installation						Other						Eliminations						Consolidated						Installation						Other						Eliminations						Consolidated
Revenue			$	1,872,544					$	114,690					$	(3,879)					$	1,983,355					$	1,419,302					$	17,182					$	(1,557)					$	1,434,927
Cost of sales (exclusive of depreciation and amortization shown separately below)			1,255,521						87,425						(3,015)						1,339,931						959,384						12,980						(1,207)						971,157
Segment gross profit			617,023						27,265						(864)						643,424						459,918						4,202						(350)						463,770
Depreciation and amortization																					33,035																								30,573
Gross profit, as reported																					610,389																								433,197
Selling																					86,214																								67,677
Administrative																					247,519																								199,607
Amortization																					33,728																								26,798
Operating income																					242,928																								139,115
Interest expense, net																					31,669																								22,781
Other expense (income)																					698																								(494)
Income before income taxes																					$	210,561																							$	116,828

			Nine months ended September 30, 2022																								Nine months ended September 30, 2021
			Installation						Other						Eliminations						Consolidated						Installation						Other						Eliminations						Consolidated
Segment gross profit percentage			33.0		%				23.8		%				22.3		%				32.4		%				32.4		%				24.5		%				22.5		%				32.3		%

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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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