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Segment Information (Tables)

6 Months Ended

Jun. 30, 2020

Segment Reporting [Abstract]

Details of Segment Information

The below segment data for the three and six months ended June 30, 2020 and 2019 includes data for Trex Residential and Trex Commercial (in thousands):

Segment Data:

		Three Months Ended June 30, 2020												Three Months Ended June 30, 2019
		Trex Residential				Trex Commercial				Total				Trex Residential				Trex Commercial				Total
Net sales		$	208,877			$	11,771			$	220,648			$	193,468			$	12,985			$	206,453
Net income		$	45,912			$	1,306			$	47,218			$	35,223			$	487			$	35,710
EBITDA		$	65,495			$	1,964			$	67,459			$	50,353			$	785			$	51,138
Depreciation and amortization		$	3,865			$	198			$	4,063			$	3,258			$	141			$	3,399
Income tax expense		$	15,789			$	460			$	16,249			$	11,866			$	164			$	12,030
Capital expenditures		$	39,610			$	270			$	39,880			$	10,124			$	290			$	10,414
Total assets		$	577,684			$	93,306			$	670,990			$	447,725			$	88,473			$	536,198

Segment Data:

		Six Months Ended June 30, 2020												Six Months Ended June 30, 2019
		Trex Residential				Trex Commercial				Total				Trex Residential				Trex Commercial				Total
Net sales		$	395,751			$	25,292			$	421,043			$	358,947			$	27,077			$	386,024
Net income		$	86,932			$	2,688			$	89,620			$	66,478			$	787			$	67,265
EBITDA		$	122,445			$	4,001			$	126,446			$	92,419			$	1,312			$	93,731
Depreciation and amortization		$	7,529			$	386			$	7,915			$	6,525			$	268			$	6,793
Income tax expense		$	28,577			$	927			$	29,504			$	19,466			$	264			$	19,730
Capital expenditures		$	62,026			$	587			$	62,613			$	17,818			$	1,243			$	19,061
Total assets		$	577,684			$	93,306			$	670,990			$	447,725			$	88,473			$	536,198

Schedule of Reconciliation of Net Income to EBITDA

Reconciliation of Net Income to EBITDA:

		Three Months Ended June 30, 2020												Three Months Ended June 30, 2019
		Trex Residential				Trex Commercial				Total				Trex Residential				Trex Commercial				Total
Net income		$	45,912			$	1,306			$	47,218			$	35,223			$	487			$	35,710
Interest (income) expense, net			(71	)			—				(71	)			6				(7	)			(1	)
Income tax expense			15,789				460				16,249				11,866				164				12,030
Depreciation and amortization			3,865				198				4,063				3,258				141				3,399
EBITDA		$	65,495			$	1,964			$	67,459			$	50,353			$	785			$	51,138

15

Reconciliation of Net Income to EBITDA:

		Six Months Ended June 30, 2020												Six Months Ended June 30, 2019
		Trex Residential				Trex Commercial				Total				Trex Residential				Trex Commercial				Total
Net income		$	86,932			$	2,688			$	89,620			$	66,478			$	787			$	67,265
Interest income, net			(593	)			—				(593	)			(50	)			(7	)			(57	)
Income tax expense			28,577				927				29,504				19,466				264				19,730
Depreciation and amortization			7,529				386				7,915				6,525				268				6,793
EBITDA		$	122,445			$	4,001			$	126,446			$	92,419			$	1,312			$	93,731

X

- Definition

Schedule of reconciliation of net income to EBITDA.

+ References

No definition available.

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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 http://asc.fasb.org/extlink&oid=120311839&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 http://asc.fasb.org/extlink&oid=120311839&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 http://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 http://asc.fasb.org/extlink&oid=120311839&loc=d3e8906-108599

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