10-Q Filing

TOPBUILD CORP CIK: 1633931 Q3 2015

Filing Information

Form Type	10-Q
Accession Number	`0001558370-15-002171`
Period End Date	20150930
Filing Date	20151103
Fiscal Year	2015
Fiscal Period	Q3
XBRL Instance	bld-20150930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 56 Income Statement 71 Cash Flow Statement 48 Stockholders Equity 15

Balance Sheet 56 line items

Line Item	Tag	Value	Unit	Period
Preferred Stock, Par or Stated Value Per Share	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred Stock, Shares Authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$2.97M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$108.34M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$3.02M	USD	Point-in-time
Preferred Stock, Shares, Issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$3.04M	USD	Point-in-time
Preferred Stock, Shares, Outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Receivables, net	`AccountsReceivableNetCurrent`	$247.25M	USD	Point-in-time
Receivables, net	`AccountsReceivableNetCurrent`	$220.18M	USD	Point-in-time
Common Stock, Par or Stated Value Per Share	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Inventories, net	`InventoryNet`	$103.40M	USD	Point-in-time
Inventories, net	`InventoryNet`	$106.97M	USD	Point-in-time
Deferred income taxes, net	`DeferredTaxAssetsGrossCurrent`	$6.35M	USD	Point-in-time
Common Stock, Shares Authorized	`CommonStockSharesAuthorized`	250.00M	shares	Point-in-time
Deferred income taxes, net	`DeferredTaxAssetsGrossCurrent`	$910.00K	USD	Point-in-time
Common Stock, Shares, Issued	`CommonStockSharesIssued`	37.68M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$4.21M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$7.12M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$472.46M	USD	Point-in-time
Common Stock, Shares, Outstanding	`CommonStockSharesOutstanding`	37.68M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$335.24M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$92.39M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$93.16M	USD	Point-in-time
Goodwill	`Goodwill`	$1.04B	USD	Point-in-time
Goodwill	`Goodwill`	$1.04B	USD	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$2.25M	USD	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$2.96M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$1.03M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$2.17M	USD	Point-in-time
Total Assets	`Assets`	$1.48B	USD	Point-in-time
Total Assets	`Assets`	$1.61B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$228.72M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$238.87M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$12.50M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$72.75M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$88.83M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$340.20M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$301.47M	USD	Point-in-time
Long-term bank debt	`LongTermDebtNoncurrent`	$185.00M	USD	Point-in-time
Deferred income taxes, net	`DeferredTaxLiabilitiesNoncurrent`	$182.28M	USD	Point-in-time
Deferred income taxes, net	`DeferredTaxLiabilitiesNoncurrent`	$194.48M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$40.39M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$41.65M	USD	Point-in-time
Total Liabilities	`Liabilities`	$761.33M	USD	Point-in-time
Total Liabilities	`Liabilities`	$524.14M	USD	Point-in-time
Common stock, $0.01 par value: 250,000,000 shares authorized; 37,681,765 shares issued and outstanding at September 30, 2015	`CommonStockValue`	$380.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$834.97M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$16.63M	USD	Point-in-time
Former Parent investment	`ParentCompanyInvestment`	$952.29M	USD	Point-in-time
Total equity	`StockholdersEquity`	$952.29M	USD	Point-in-time
Total equity	`StockholdersEquity`	$1.00B	USD	Point-in-time
Total equity	`StockholdersEquity`	$977.17M	USD	Point-in-time
Total equity	`StockholdersEquity`	$851.98M	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$1.61B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$1.48B	USD	Point-in-time

Income Statement 71 line items

Line Item	Tag	Value	Unit	Period
Net sales	`SalesRevenueNet`	$1.11B	USD	3 Qtrs
Net sales	`SalesRevenueNet`	$397.65M	USD	1 Quarter
Net sales	`SalesRevenueNet`	$1.19B	USD	3 Qtrs
Net sales	`SalesRevenueNet`	$427.89M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$875.12M	USD	3 Qtrs
Cost of sales	`CostOfGoodsAndServicesSold`	$309.27M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$936.60M	USD	3 Qtrs
Cost of sales	`CostOfGoodsAndServicesSold`	$333.89M	USD	1 Quarter
Gross profit	`GrossProfit`	$253.51M	USD	3 Qtrs
Gross profit	`GrossProfit`	$88.38M	USD	1 Quarter
Gross profit	`GrossProfit`	$238.90M	USD	3 Qtrs
Gross profit	`GrossProfit`	$94.00M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$74.60M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$212.97M	USD	3 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$63.81M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$222.77M	USD	3 Qtrs
Operating profit	`OperatingIncomeLoss`	$40.54M	USD	3 Qtrs
Operating profit	`OperatingIncomeLoss`	$13.78M	USD	1 Quarter
Operating profit	`OperatingIncomeLoss`	$16.13M	USD	3 Qtrs
Operating profit	`OperatingIncomeLoss`	$30.19M	USD	1 Quarter
Interest expense	`InterestExpenseRelatedParty`	$3.10M	USD	1 Quarter
Interest expense	`InterestExpenseRelatedParty`	$7.89M	USD	3 Qtrs
Interest expense	`InterestExpenseRelatedParty`	$1.57M	USD	1 Quarter
Interest expense	`InterestExpenseRelatedParty`	$9.30M	USD	3 Qtrs
Other, net	`OtherNonoperatingIncomeExpense`	$10.00K	USD	3 Qtrs
Other, net	`OtherNonoperatingIncomeExpense`	$20.00K	USD	3 Qtrs
Other, net	`OtherNonoperatingIncomeExpense`	$10.00K	USD	1 Quarter
Other, net	`OtherNonoperatingIncomeExpense`	$10.00K	USD	1 Quarter
Other income (expense), net	`NonoperatingIncomeExpense`	$-7.88M	USD	3 Qtrs
Other income (expense), net	`NonoperatingIncomeExpense`	$-3.09M	USD	1 Quarter
Other income (expense), net	`NonoperatingIncomeExpense`	$-9.28M	USD	3 Qtrs
Other income (expense), net	`NonoperatingIncomeExpense`	$-1.56M	USD	1 Quarter
Income from continuing operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$10.69M	USD	1 Quarter
Income from continuing operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$32.66M	USD	3 Qtrs
Income from continuing operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$6.85M	USD	3 Qtrs
Income from continuing operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$28.63M	USD	1 Quarter
Income tax expense from continuing operations	`IncomeTaxExpenseBenefit`	$4.22M	USD	1 Quarter
Income tax expense from continuing operations	`IncomeTaxExpenseBenefit`	$2.29M	USD	3 Qtrs
Income tax expense from continuing operations	`IncomeTaxExpenseBenefit`	$13.20M	USD	3 Qtrs
Income tax expense from continuing operations	`IncomeTaxExpenseBenefit`	$12.00M	USD	1 Quarter
Income from continuing operations	`IncomeLossFromContinuingOperations`	$16.63M	USD	1 Quarter
Income from continuing operations	`IncomeLossFromContinuingOperations`	$4.56M	USD	3 Qtrs
Income from continuing operations	`IncomeLossFromContinuingOperations`	$19.46M	USD	3 Qtrs
Income from continuing operations	`IncomeLossFromContinuingOperations`	$6.47M	USD	1 Quarter
Loss from discontinued operations, net	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	$-930.00K	USD	3 Qtrs
Loss from discontinued operations, net	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	$-90.00K	USD	1 Quarter
Loss from discontinued operations, net	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	$-230.00K	USD	3 Qtrs
Net income	`NetIncomeLoss`	$3.63M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$16.63M	USD	1 Quarter
Net income	`NetIncomeLoss`	$19.23M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$6.38M	USD	1 Quarter
Income from continuing operations	`IncomeLossFromContinuingOperationsPerBasicShare`	$0.17	USD	1 Quarter
Income from continuing operations	`IncomeLossFromContinuingOperationsPerBasicShare`	$0.44	USD	1 Quarter
Income from continuing operations	`IncomeLossFromContinuingOperationsPerBasicShare`	$0.12	USD	3 Qtrs
Income from continuing operations	`IncomeLossFromContinuingOperationsPerBasicShare`	$0.52	USD	3 Qtrs
Loss from discontinued operations, net	`DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerBasicShare`	$-0.02	USD	3 Qtrs
Loss from discontinued operations, net	`DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerBasicShare`	$-0.01	USD	3 Qtrs
Net income	`EarningsPerShareBasic`	$0.51	USD	3 Qtrs
Net income	`EarningsPerShareBasic`	$0.17	USD	1 Quarter
Net income	`EarningsPerShareBasic`	$0.10	USD	3 Qtrs
Net income	`EarningsPerShareBasic`	$0.44	USD	1 Quarter
Income from continuing operations	`IncomeLossFromContinuingOperationsPerDilutedShare`	$0.12	USD	3 Qtrs
Income from continuing operations	`IncomeLossFromContinuingOperationsPerDilutedShare`	$0.17	USD	1 Quarter
Income from continuing operations	`IncomeLossFromContinuingOperationsPerDilutedShare`	$0.52	USD	3 Qtrs
Income from continuing operations	`IncomeLossFromContinuingOperationsPerDilutedShare`	$0.44	USD	1 Quarter
Loss from discontinued operations, net	`DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerDilutedShare`	$-0.02	USD	3 Qtrs
Loss from discontinued operations, net	`DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerDilutedShare`	$-0.01	USD	3 Qtrs
Net income	`EarningsPerShareDiluted`	$0.44	USD	1 Quarter
Net income	`EarningsPerShareDiluted`	$0.51	USD	3 Qtrs
Net income	`EarningsPerShareDiluted`	$0.17	USD	1 Quarter
Net income	`EarningsPerShareDiluted`	$0.10	USD	3 Qtrs

Cash Flow Statement 48 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`NetIncomeLoss`	$3.63M	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$16.63M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$19.23M	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$6.38M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$19.59M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$9.16M	USD	3 Qtrs
Share-based compensation	`ShareBasedCompensation`	$2.92M	USD	3 Qtrs
Share-based compensation	`ShareBasedCompensation`	$3.15M	USD	3 Qtrs
Loss on sale of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-2.26M	USD	3 Qtrs
Deferred income taxes, net	`IncreaseDecreaseInDeferredIncomeTaxes`	$-5.41M	USD	3 Qtrs
Deferred income taxes, net	`IncreaseDecreaseInDeferredIncomeTaxes`	$-880.00K	USD	3 Qtrs
Receivables, net	`IncreaseDecreaseInAccountsReceivable`	$20.54M	USD	3 Qtrs
Receivables, net	`IncreaseDecreaseInAccountsReceivable`	$27.07M	USD	3 Qtrs
Inventories, net	`IncreaseDecreaseInInventories`	$-3.57M	USD	3 Qtrs
Inventories, net	`IncreaseDecreaseInInventories`	$-3.89M	USD	3 Qtrs
Prepaids and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-470.00K	USD	3 Qtrs
Prepaids and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$2.91M	USD	3 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$29.14M	USD	3 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$28.74M	USD	3 Qtrs
Other, net	`IncreaseDecreaseInOtherCurrentAssetsAndLiabilitiesNet`	$-100.00K	USD	3 Qtrs
Other, net	`IncreaseDecreaseInOtherCurrentAssetsAndLiabilitiesNet`	$-1.21M	USD	3 Qtrs
Net cash from operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$39.68M	USD	3 Qtrs
Net cash from operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$43.15M	USD	3 Qtrs
Capital expenditures	`PaymentsToAcquireProductiveAssets`	$8.81M	USD	3 Qtrs
Capital expenditures	`PaymentsToAcquireProductiveAssets`	$10.59M	USD	3 Qtrs
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$-1.21M	USD	3 Qtrs
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$-1.27M	USD	3 Qtrs
Net cash for investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-9.32M	USD	3 Qtrs
Net cash for investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-7.60M	USD	3 Qtrs
Net transfer from (to) Former Parent	`NetTransferFromToFormerParentCompany`	$-32.06M	USD	3 Qtrs
Net transfer from (to) Former Parent	`NetTransferFromToFormerParentCompany`	$75.93M	USD	3 Qtrs
Cash distribution paid to Former Parent	`DistributionsPaid`	$200.00M	USD	3 Qtrs
Proceeds from issuance of long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	$200.00M	USD	3 Qtrs
Repayments of long-term debt	`RepaymentsOfLongTermDebt`	$2.50M	USD	3 Qtrs
Payment of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$1.72M	USD	3 Qtrs
Other, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$-170.00K	USD	3 Qtrs
Net cash provided (used) by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$71.54M	USD	3 Qtrs
Net cash provided (used) by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-32.06M	USD	3 Qtrs
Increase for the period	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$105.37M	USD	3 Qtrs
Increase for the period	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$20.00K	USD	3 Qtrs
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$2.97M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$108.34M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$3.02M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$3.04M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$2.97M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$108.34M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$3.02M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$3.04M	USD	Point-in-time

Stockholders Equity 15 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquity`	$952.29M	USD	Point-in-time
Balance	`StockholdersEquity`	$1.00B	USD	Point-in-time
Balance	`StockholdersEquity`	$977.17M	USD	Point-in-time
Balance	`StockholdersEquity`	$851.98M	USD	Point-in-time
Net income	`NetIncomeLoss`	$3.63M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$16.63M	USD	1 Quarter
Net income	`NetIncomeLoss`	$19.23M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$6.38M	USD	1 Quarter
Net transfers to Former Parent	`NetTransfersToParentCompany`	$29.15M	USD	3 Qtrs
Separation-related adjustments	`SeparationRelatedAdjustments`	$120.85M	USD	3 Qtrs
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.31M	USD	3 Qtrs
Balance	`StockholdersEquity`	$952.29M	USD	Point-in-time
Balance	`StockholdersEquity`	$1.00B	USD	Point-in-time
Balance	`StockholdersEquity`	$977.17M	USD	Point-in-time
Balance	`StockholdersEquity`	$851.98M	USD	Point-in-time

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.