XML 69 R53.htm IDEA: XBRL DOCUMENT
v3.6.0.2

Quarterly Unaudited Financial Data (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2016
Quarterly Financial Information Disclosure [Abstract] |
Quarterly Unaudited Financial Information | GIBRALTAR INDUSTRIES, INC. QUARTERLY UNAUDITED FINANCIAL DATA (in thousands, except per share data)
| 2016 Quarters Ended
| March 31 |  | June 30 |  | September 30 |  | December 31 |  | Total
Net sales | $ | 237,671 |  |  | $ | 265,738 |  |  | $ | 272,734 |  |  | $ | 231,838 |  |  | $ | 1,007,981 |
Gross profit | $ | 54,150 |  |  | $ | 68,843 |  |  | $ | 67,887 |  |  | $ | 53,882 |  |  | $ | 244,762 |
Income from operations | $ | 17,601 |  |  | $ | 28,416 |  |  | $ | 26,363 |  |  | $ | 584 |  |  | $ | 72,964 |
Interest expense | $ | 3,691 |  |  | $ | 3,666 |  |  | $ | 3,625 |  |  | $ | 3,595 |  |  | $ | 14,577 |
Net income (loss) from continuing operations | $ | 9,029 |  |  | $ | 18,612 |  |  | $ | 13,786 |  |  | $ | (7,708 | ) |  | $ | 33,719 |
Net loss from discontinued operations | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | (44 | ) |  | $ | (44 | )
Total net income (loss) | $ | 9,029 |  |  | $ | 18,612 |  |  | $ | 13,786 |  |  | $ | (7,752 | ) |  | $ | 33,675 |
Income (loss) per share from continuing operations: |  |  |  |  |  |  |  |  |
Basic | $ | 0.29 |  |  | $ | 0.59 |  |  | $ | 0.44 |  |  | $ | (0.24 | ) |  | $ | 1.07 |
Diluted | $ | 0.28 |  |  | $ | 0.58 |  |  | $ | 0.43 |  |  | $ | (0.24 | ) |  | $ | 1.05 |
Loss per share from discontinued operations: |  |  |  |  |  |  |  |  |
Basic | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |
Diluted | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |
For the quarters ended March 31, 2016 and June 30, 2016 presented in the table above, immaterial differences were identified between amounts as presented and amounts required to be recorded in accordance with U.S. generally accepted accounting principles due to errors in the Company's accounting for estimated total contract costs at completion as it is related to revenue recognition under the percentage of completion accounting method. Refer to the Company's Quarterly Report, Form 10-Q, for the quarter ended September 30, 2016 for a complete description of these differences. These differences will be corrected in the Company's future filings. For the quarter ended December 31, 2016 presented in the table above, the net loss from continuing operations includes $4.8 million of income tax expense to correct a discrete tax benefit recorded during the three months ended June 30, 2016 resulting from the sale of its European industrial manufacturing business to a third party.

X
- References No definition available. + Details
Name: | us-gaap_QuarterlyFinancialInformationDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of quarterly financial data. Includes, but is not limited to, financial information for fiscal quarters, cumulative effect of a change in accounting principle and earnings per share data. + References Reference 1: 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=68076893&loc=d3e1280-108306 + Details
Name: | us-gaap_ScheduleOfQuarterlyFinancialInformationTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration