XML 65 R19.htm IDEA: XBRL DOCUMENT
v2.4.1.9

Interim Financial Data (Unaudited) | 12 Months Ended
--- | ---
Dec. 31, 2014
Quarterly Financial Information Disclosure [Abstract] |
Interim Financial Data (Unaudited) |
13. | INTERIM FINANCIAL DATA (Unaudited)
|  | Three Months Ended |
|  | December 31, 2014 |  |  | September 30, 2014 |  |  | June 30, 2014 |  |  | March 31, 2014 |  |  | December 31, 2013 (a) |  |  | September 30, 2013 (b) |  |  | June 30, 2013 |  |  | March 31, 2013 |
|  | (In thousands, except per share data) |
Net sales |  |  | 74,202 |  |  |  | 95,502 |  |  |  | 121,311 |  |  |  | 100,645 |  |  |  | 63,831 |  |  |  | 72,249 |  |  |  | 98,551 |  |  |  | 107,880 |
Gross profit |  |  | 26,635 |  |  |  | 30,369 |  |  |  | 45,026 |  |  |  | 38,167 |  |  |  | 19,685 |  |  |  | 151 |  |  |  | 36,922 |  |  |  | 41,860 |
Net income (loss) |  |  | 5,153 |  |  |  | 8,913 |  |  |  | 15,161 |  |  |  | 12,295 |  |  |  | 15,103 |  |  |  | (15,298 | ) |  |  | 13,224 |  |  |  | 21,569 |
Basic net income (loss) per share |  | $ | 0.16 |  |  | $ | 0.28 |  |  | $ | 0.46 |  |  | $ | 0.37 |  |  | $ | 0.46 |  |  | $ | (0.45 | ) |  | $ | 0.39 |  |  | $ | 0.64 |
Diluted net income (loss) per share |  | $ | 0.16 |  |  | $ | 0.28 |  |  | $ | 0.46 |  |  | $ | 0.37 |  |  | $ | 0.45 |  |  | $ | (0.45 | ) |  | $ | 0.38 |  |  | $ | 0.62 |
(a) | Three months ended December 31, 2013 was materially affected by a $10.9 million benefit as a direct result of the Company’s decision to exit a full valuation allowance.
(b) | Three months ended September 30, 2013 was materially affected by a pre-tax increase of $20.0 million to the surface flaking warranty reserve.
The Company’s net sales, gross profit and income from operations have historically varied from quarter to quarter. Such variations are often attributable to seasonal trends in the demand for Trex products. The Company has historically experienced lower net sales during the fourth quarter because holidays and adverse weather conditions in certain regions reduce the level of home improvement and construction activity.

X
- Details
Name: | us-gaap_QuarterlyFinancialInformationDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for the quarterly financial data in the annual financial statements. The disclosure may include a tabular presentation of financial information for each fiscal quarter for the current and previous year, including revenues, gross profit, income or loss before extraordinary items and earnings per share data. It also includes an indication if the information in the note is unaudited, comments on the aggregate effect of year-end adjustments, and an explanation of matters or transactions that affect comparability or are pertinent to an understanding of the information furnished. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 45 -Paragraph 13 -URI http://asc.fasb.org/extlink&oid=6372559&loc=d3e765-108305 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 45 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=6372559&loc=d3e725-108305 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a)-(j) -URI http://asc.fasb.org/extlink&oid=35737889&loc=d3e1280-108306 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Staff Accounting Bulletin (SAB) -Number Topic 6 -Section G -Subsection 1 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-K (SK) -Number 229 -Section 302 -Paragraph a + Details
Name: | us-gaap_QuarterlyFinancialInformationTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration