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Supplemental Financial Information (Tables) | 9 Months Ended
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Sep. 30, 2018
Condensed Financial Information Disclosure [Abstract] |
Schedule Of Consolidating Statements Of Operations | GIBRALTAR INDUSTRIES, INC. CONSOLIDATING STATEMENTS OF INCOME THREE MONTHS ENDED SEPTEMBER 30, 2018 (in thousands)
| Gibraltar Industries, Inc. |  | Guarantor Subsidiaries |  | Non-Guarantor Subsidiaries |  | Eliminations |  | Total
Net sales | $ | — |  |  | $ | 268,302 |  |  | $ | 19,211 |  |  | $ | (7,427 | ) |  | $ | 280,086 |
Cost of sales | — |  |  | 200,725 |  |  | 16,338 |  |  | (7,256 | ) |  | 209,807 |
Gross profit | — |  |  | 67,577 |  |  | 2,873 |  |  | (171 | ) |  | 70,279 |
Selling, general, and administrative expense | 35 |  |  | 39,466 |  |  | 1,374 |  |  | — |  |  | 40,875 |
(Loss) income from operations | (35 | ) |  | 28,111 |  |  | 1,499 |  |  | (171 | ) |  | 29,404 |
Interest expense (income) | 3,403 |  |  | (427 | ) |  | (70 | ) |  | — |  |  | 2,906 |
Other expense | — |  |  | 95 |  |  | 427 |  |  | — |  |  | 522 |
(Loss) income before taxes | (3,438 | ) |  | 28,443 |  |  | 1,142 |  |  | (171 | ) |  | 25,976 |
(Benefit of) provision for income taxes | (963 | ) |  | 7,182 |  |  | 254 |  |  | — |  |  | 6,473 |
Equity in earnings from subsidiaries | 22,149 |  |  | 888 |  |  | — |  |  | (23,037 | ) |  | — |
Net income | $ | 19,674 |  |  | $ | 22,149 |  |  | $ | 888 |  |  | $ | (23,208 | ) |  | $ | 19,503 |
GIBRALTAR INDUSTRIES, INC. CONSOLIDATING STATEMENTS OF INCOME THREE MONTHS ENDED SEPTEMBER 30, 2017 (in thousands)
| Gibraltar Industries, Inc. |  | Guarantor Subsidiaries |  | Non-Guarantor Subsidiaries |  | Eliminations |  | Total
Net sales | $ | — |  |  | $ | 264,448 |  |  | $ | 15,514 |  |  | $ | (5,388 | ) |  | $ | 274,574 |
Cost of sales | — |  |  | 198,103 |  |  | 12,844 |  |  | (5,108 | ) |  | 205,839 |
Gross profit | — |  |  | 66,345 |  |  | 2,670 |  |  | (280 | ) |  | 68,735 |
Selling, general, and administrative expense | 34 |  |  | 31,003 |  |  | 2,005 |  |  | — |  |  | 33,042 |
(Loss) income from operations | (34 | ) |  | 35,342 |  |  | 665 |  |  | (280 | ) |  | 35,693 |
Interest expense (income) | 3,402 |  |  | 105 |  |  | (21 | ) |  | — |  |  | 3,486 |
Other expense | — |  |  | 100 |  |  | 304 |  |  | — |  |  | 404 |
(Loss) income before taxes | (3,436 | ) |  | 35,137 |  |  | 382 |  |  | (280 | ) |  | 31,803 |
(Benefit of) provision for income taxes | (1,124 | ) |  | 12,219 |  |  | 89 |  |  | — |  |  | 11,184 |
Equity in earnings from subsidiaries | 23,211 |  |  | 293 |  |  | — |  |  | (23,504 | ) |  | — |
Net income | $ | 20,899 |  |  | $ | 23,211 |  |  | $ | 293 |  |  | $ | (23,784 | ) |  | $ | 20,619 |
Schedule Of Consolidating Statements Of Comprehensive Income | IBRALTAR INDUSTRIES, INC. CONSOLIDATING STATEMENTS OF COMPREHENSIVE INCOME THREE MONTHS ENDED SEPTEMBER 30, 2018 (in thousands)
| Gibraltar Industries, Inc. |  | Guarantor Subsidiaries |  | Non-Guarantor Subsidiaries |  | Eliminations |  | Total
Net income | $ | 19,674 |  |  | $ | 22,149 |  |  | $ | 888 |  |  | $ | (23,208 | ) |  | $ | 19,503 |
Other comprehensive income (loss): |  |  |  |  |  |  |  |  |
Foreign currency translation adjustment | — |  |  | — |  |  | 139 |  |  | — |  |  | 139 |
Adjustment to retirement benefit liability, net of tax | — |  |  | (5 | ) |  | — |  |  | — |  |  | (5 | )
Adjustment to post employment health care benefit liability, net of tax | — |  |  | 32 |  |  | — |  |  | — |  |  | 32 |
Other comprehensive income | — |  |  | 27 |  |  | 139 |  |  | — |  |  | 166 |
Total comprehensive income | $ | 19,674 |  |  | $ | 22,176 |  |  | $ | 1,027 |  |  | $ | (23,208 | ) |  | $ | 19,669 |
GIBRALTAR INDUSTRIES, INC. CONSOLIDATING STATEMENTS OF COMPREHENSIVE INCOME THREE MONTHS ENDED SEPTEMBER 30, 2017 (in thousands)
| Gibraltar Industries, Inc. |  | Guarantor Subsidiaries |  | Non-Guarantor Subsidiaries |  | Eliminations |  | Total
Net income | $ | 20,899 |  |  | $ | 23,211 |  |  | $ | 293 |  |  | $ | (23,784 | ) |  | $ | 20,619 |
Other comprehensive income (loss): |  |  |  |  |  |  |  |  |
Foreign currency translation adjustment | — |  |  | — |  |  | 1,581 |  |  | — |  |  | 1,581 |
Adjustment to retirement benefit liability, net of tax | — |  |  | (2 | ) |  | — |  |  | — |  |  | (2 | )
Adjustment to post employment health care benefit liability, net of tax | — |  |  | 29 |  |  | — |  |  | — |  |  | 29 |
Other comprehensive income | — |  |  | 27 |  |  | 1,581 |  |  | — |  |  | 1,608 |
Total comprehensive income | $ | 20,899 |  |  | $ | 23,238 |  |  | $ | 1,874 |  |  | $ | (23,784 | ) |  | $ | 22,227 |
GIBRALTAR INDUSTRIES, INC. CONSOLIDATING STATEMENTS OF COMPREHENSIVE INCOME NINE MONTHS ENDED SEPTEMBER 30, 2018 (in thousands)
| Gibraltar Industries, Inc. |  | Guarantor Subsidiaries |  | Non-Guarantor Subsidiaries |  | Eliminations |  | Total
Net income | $ | 51,205 |  |  | $ | 58,637 |  |  | $ | 3,312 |  |  | $ | (62,462 | ) |  | $ | 50,692 |
Other comprehensive (loss) income: |  |  |  |  |  |  |  |  |
Foreign currency translation adjustment | — |  |  | — |  |  | (1,538 | ) |  | — |  |  | (1,538 | )
Cumulative effect of change in accounting (see Note 2) | — |  |  | (350 | ) |  | — |  |  | — |  |  | (350 | )
Adjustment to retirement benefit liability, net of tax | — |  |  | (15 | ) |  | — |  |  | — |  |  | (15 | )
Adjustment to post employment health care benefit liability, net of tax | — |  |  | 95 |  |  | — |  |  | — |  |  | 95 |
Other comprehensive loss | — |  |  | (270 | ) |  | (1,538 | ) |  | — |  |  | (1,808 | )
Total comprehensive income | $ | 51,205 |  |  | $ | 58,367 |  |  | $ | 1,774 |  |  | $ | (62,462 | ) |  | $ | 48,884 |
GIBRALTAR INDUSTRIES, INC. CONSOLIDATING STATEMENTS OF COMPREHENSIVE INCOME NINE MONTHS ENDED SEPTEMBER 30, 2017 (in thousands)
| Gibraltar Industries, Inc. |  | Guarantor Subsidiaries |  | Non-Guarantor Subsidiaries |  | Eliminations |  | Total
Net income (loss) | $ | 37,846 |  |  | $ | 44,356 |  |  | $ | (1,747 | ) |  | $ | (43,071 | ) |  | $ | 37,384 |
Other comprehensive income (loss): |  |  |  |  |  |  |  |  |
Foreign currency translation adjustment | — |  |  | — |  |  | 3,351 |  |  | — |  |  | 3,351 |
Adjustment to retirement benefit liability, net of tax | — |  |  | (8 | ) |  | — |  |  | — |  |  | (8 | )
Adjustment to post employment health care benefit liability, net of tax | — |  |  | 88 |  |  | — |  |  | — |  |  | 88 |
Other comprehensive income | — |  |  | 80 |  |  | 3,351 |  |  | — |  |  | 3,431 |
Total comprehensive income | $ | 37,846 |  |  | $ | 44,436 |  |  | $ | 1,604 |  |  | $ | (43,071 | ) |  | $ | 40,815 |
Schedule Of Consolidating Balance Sheets | STRIES, INC. CONSOLIDATING BALANCE SHEETS SEPTEMBER 30, 2018 (in thousands)
| Gibraltar Industries, Inc. |  | Guarantor Subsidiaries |  | Non-Guarantor Subsidiaries |  | Eliminations |  | Total
Assets |  |  |  |  |  |  |  |  |
Current assets: |  |  |  |  |  |  |  |  |
Cash and cash equivalents | $ | — |  |  | $ | 213,967 |  |  | $ | 31,446 |  |  | $ | — |  |  | $ | 245,413 |
Accounts receivable, net | — |  |  | 172,952 |  |  | 7,923 |  |  | — |  |  | 180,875 |
Intercompany balances | (12,013 | ) |  | 15,885 |  |  | (3,872 | ) |  | — |  |  | — |
Inventories | — |  |  | 92,823 |  |  | 4,663 |  |  | — |  |  | 97,486 |
Other current assets | 2,902 |  |  | 2,115 |  |  | 3,932 |  |  | — |  |  | 8,949 |
Total current assets | (9,111 | ) |  | 497,742 |  |  | 44,092 |  |  | — |  |  | 532,723 |
Property, plant, and equipment, net | — |  |  | 90,883 |  |  | 2,835 |  |  | — |  |  | 93,718 |
Goodwill | — |  |  | 301,070 |  |  | 22,251 |  |  | — |  |  | 323,321 |
Acquired intangibles | — |  |  | 91,752 |  |  | 7,793 |  |  | — |  |  | 99,545 |
Other assets | — |  |  | 4,178 |  |  | 302 |  |  | — |  |  | 4,480 |
Investment in subsidiaries | 803,058 |  |  | 63,166 |  |  | — |  |  | (866,224 | ) |  | — |
| $ | 793,947 |  |  | $ | 1,048,791 |  |  | $ | 77,273 |  |  | $ | (866,224 | ) |  | $ | 1,053,787 |
Liabilities and Shareholders’ Equity |  |  |  |  |  |  |  |  |
Current liabilities: |  |  |  |  |  |  |  |  |
Accounts payable | $ | — |  |  | $ | 87,351 |  |  | $ | 5,646 |  |  | $ | — |  |  | $ | 92,997 |
Accrued expenses | 2,188 |  |  | 70,826 |  |  | 3,254 |  |  | — |  |  | 76,268 |
Billings in excess of cost | — |  |  | 19,304 |  |  | 2,596 |  |  |  |  | 21,900 |
Current maturities of long-term debt | — |  |  | 400 |  |  | — |  |  | — |  |  | 400 |
Total current liabilities | 2,188 |  |  | 177,881 |  |  | 11,496 |  |  | — |  |  | 191,565 |
Long-term debt | 208,884 |  |  | 925 |  |  | — |  |  | — |  |  | 209,809 |
Deferred income taxes | — |  |  | 29,499 |  |  | 2,611 |  |  | — |  |  | 32,110 |
Other non-current liabilities | — |  |  | 37,428 |  |  | — |  |  | — |  |  | 37,428 |
Shareholders’ equity | 582,875 |  |  | 803,058 |  |  | 63,166 |  |  | (866,224 | ) |  | 582,875 |
| $ | 793,947 |  |  | $ | 1,048,791 |  |  | $ | 77,273 |  |  | $ | (866,224 | ) |  | $ | 1,053,787 |
GIBRALTAR INDUSTRIES, INC. CONSOLIDATING BALANCE SHEETS DECEMBER 31, 2017 (in thousands)
| Gibraltar Industries, Inc. |  | Guarantor Subsidiaries |  | Non-Guarantor Subsidiaries |  | Eliminations |  | Total
Assets |  |  |  |  |  |  |  |  |
Current assets: |  |  |  |  |  |  |  |  |
Cash and cash equivalents | $ | — |  |  | $ | 192,604 |  |  | $ | 29,676 |  |  | $ | — |  |  | $ | 222,280 |
Accounts receivable, net | — |  |  | 138,903 |  |  | 6,482 |  |  | — |  |  | 145,385 |
Intercompany balances | 324 |  |  | 4,166 |  |  | (4,490 | ) |  | — |  |  | — |
Inventories | — |  |  | 82,457 |  |  | 3,915 |  |  | — |  |  | 86,372 |
Other current assets | 5,415 |  |  | (368 | ) |  | 3,680 |  |  | — |  |  | 8,727 |
Total current assets | 5,739 |  |  | 417,762 |  |  | 39,263 |  |  | — |  |  | 462,764 |
Property, plant, and equipment, net | — |  |  | 93,906 |  |  | 3,192 |  |  | — |  |  | 97,098 |
Goodwill | — |  |  | 298,258 |  |  | 22,816 |  |  | — |  |  | 321,074 |
Acquired intangibles | — |  |  | 97,171 |  |  | 8,597 |  |  | — |  |  | 105,768 |
Other assets | — |  |  | 4,681 |  |  | — |  |  | — |  |  | 4,681 |
Investment in subsidiaries | 739,970 |  |  | 61,746 |  |  | — |  |  | (801,716 | ) |  | — |
| $ | 745,709 |  |  | $ | 973,524 |  |  | $ | 73,868 |  |  | $ | (801,716 | ) |  | $ | 991,385 |
Liabilities and Shareholders’ Equity |  |  |  |  |  |  |  |  |
Current liabilities: |  |  |  |  |  |  |  |  |
Accounts payable | $ | — |  |  | $ | 77,786 |  |  | $ | 4,601 |  |  | $ | — |  |  | $ | 82,387 |
Accrued expenses | 5,469 |  |  | 67,746 |  |  | 2,252 |  |  | — |  |  | 75,467 |
Billings in excess of cost | — |  |  | 9,840 |  |  | 2,939 |  |  | — |  |  | 12,779 |
Current maturities of long-term debt | — |  |  | 400 |  |  | — |  |  | — |  |  | 400 |
Total current liabilities | 5,469 |  |  | 155,772 |  |  | 9,792 |  |  | — |  |  | 171,033 |
Long-term debt | 208,521 |  |  | 1,100 |  |  | — |  |  | — |  |  | 209,621 |
Deferred income taxes | — |  |  | 28,907 |  |  | 2,330 |  |  | — |  |  | 31,237 |
Other non-current liabilities | — |  |  | 47,775 |  |  | — |  |  | — |  |  | 47,775 |
Shareholders’ equity | 531,719 |  |  | 739,970 |  |  | 61,746 |  |  | (801,716 | ) |  | 531,719 |
| $ | 745,709 |  |  | $ | 973,524 |  |  | $ | 73,868 |  |  | $ | (801,716 | ) |  | $ | 991,385 |
Schedule Of Condensed Consolidating Statements Of Cash Flows | GIBRALTAR INDUSTRIES, INC. CONDENSED CONSOLIDATING STATEMENTS OF CASH FLOWS NINE MONTHS ENDED SEPTEMBER 30, 2018 (in thousands)
| Gibraltar Industries, Inc. |  | Guarantor Subsidiaries |  | Non-Guarantor Subsidiaries |  | Eliminations |  | Total
Cash Flows from Operating Activities |  |  |  |  |  |  |  |  |
Net cash (used in) provided by operating activities | $ | (13,240 | ) |  | $ | 47,971 |  |  | $ | 3,479 |  |  | $ | — |  |  | $ | 38,210 |
Cash Flows from Investing Activities |  |  |  |  |  |  |  |  |
Cash paid for acquisitions | — |  |  | (5,241 | ) |  | — |  |  | — |  |  | (5,241 | )
Net proceeds from sale of property and equipment | — |  |  | 3,044 |  |  | 103 |  |  | — |  |  | 3,147 |
Purchases of property, plant, and equipment | — |  |  | (6,537 | ) |  | (230 | ) |  | — |  |  | (6,767 | )
Net cash used in investing activities | — |  |  | (8,734 | ) |  | (127 | ) |  | — |  |  | (8,861 | )
Cash Flows from Financing Activities |  |  |  |  |  |  |  |  |
Long-term debt payments | — |  |  | (400 | ) |  | — |  |  | — |  |  | (400 | )
Purchase of treasury stock at market prices | (6,549 | ) |  | — |  |  | — |  |  | — |  |  | (6,549 | )
Net proceeds from issuance of common stock | 1,343 |  |  | — |  |  | — |  |  | — |  |  | 1,343 |
Intercompany financing | 18,446 |  |  | (17,474 | ) |  | (972 | ) |  | — |  |  | — |
Net cash provided by (used in) financing activities | 13,240 |  |  | (17,874 | ) |  | (972 | ) |  | — |  |  | (5,606 | )
Effect of exchange rate changes on cash | — |  |  | — |  |  | (610 | ) |  | — |  |  | (610 | )
Net increase in cash and cash equivalents | — |  |  | 21,363 |  |  | 1,770 |  |  | — |  |  | 23,133 |
Cash and cash equivalents at beginning of year | — |  |  | 192,604 |  |  | 29,676 |  |  | — |  |  | 222,280 |
Cash and cash equivalents at end of period | $ | — |  |  | $ | 213,967 |  |  | $ | 31,446 |  |  | $ | — |  |  | $ | 245,413 |
GIBRALTAR INDUSTRIES, INC. CONDENSED CONSOLIDATING STATEMENTS OF CASH FLOWS NINE MONTHS ENDED SEPTEMBER 30, 2017 (in thousands)
| Gibraltar Industries, Inc. |  | Guarantor Subsidiaries |  | Non-Guarantor Subsidiaries |  | Eliminations |  | Total
Cash Flows from Operating Activities |  |  |  |  |  |  |  |  |
Net cash (used in) provided by operating activities | $ | (15,136 | ) |  | $ | 64,702 |  |  | $ | (735 | ) |  | $ | — |  |  | $ | 48,831 |
Cash Flows from Investing Activities |  |  |  |  |  |  |  |  |
Cash paid for acquisitions | — |  |  | (18,494 | ) |  | — |  |  | — |  |  | (18,494 | )
Net proceeds from sale of property and equipment | — |  |  | 12,935 |  |  | — |  |  | — |  |  | 12,935 |
Purchases of property, plant, and equipment | — |  |  | (4,929 | ) |  | (223 | ) |  | — |  |  | (5,152 | )
Net cash used in investing activities | — |  |  | (10,488 | ) |  | (223 | ) |  | — |  |  | (10,711 | )
Cash Flows from Financing Activities |  |  |  |  |  |  |  |  |
Long-term debt payments | — |  |  | (400 | ) |  | — |  |  | — |  |  | (400 | )
Purchase of treasury stock at market prices | (1,982 | ) |  | — |  |  | — |  |  | — |  |  | (1,982 | )
Net proceeds from issuance of common stock | 649 |  |  | — |  |  | — |  |  | — |  |  | 649 |
Intercompany financing | 16,469 |  |  | (14,813 | ) |  | (1,656 | ) |  | — |  |  | — |
Net cash provided by (used in) financing activities | 15,136 |  |  | (15,213 | ) |  | (1,656 | ) |  | — |  |  | (1,733 | )
Effect of exchange rate changes on cash | — |  |  | — |  |  | 1,468 |  |  | — |  |  | 1,468 |
Net increase (decrease) in cash and cash equivalents | — |  |  | 39,001 |  |  | (1,146 | ) |  | — |  |  | 37,855 |
Cash and cash equivalents at beginning of year | — |  |  | 143,826 |  |  | 26,351 |  |  | — |  |  | 170,177 |
Cash and cash equivalents at end of period | $ | — |  |  | $ | 182,827 |  |  | $ | 25,205 |  |  | $ | — |  |  | $ | 208,032 |

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