10-Q Filing

INSTALLED BUILDING PRODUCTS, INC. CIK: 1580905 Q2 2023

Filing Information

Form Type	10-Q
Accession Number	`0001580905-23-000035`
Period End Date	20230630
Filing Date	20230802
Fiscal Year	2023
Fiscal Period	Q2
XBRL Instance	ibp-20230630_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 90 Income Statement 81 Cash Flow Statement 99 Stockholders Equity 64

Balance Sheet 90 line items

Line Item	Tag	Value	Unit	Period
Allowance for credit losses	`AllowanceForDoubtfulAccountsReceivableCurrent`	$9.55M	USD	Point-in-time
Allowance for credit losses	`AllowanceForDoubtfulAccountsReceivableCurrent`	$10.63M	USD	Point-in-time
Preferred stock, par value (in USD per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred stock, par value (in USD per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Common stock, par value (in USD per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$229.63M	USD	Point-in-time
Common stock, par value (in USD per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$255.23M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Accounts receivable (less allowance for credit losses of $10,634 and $9,549 at June 30, 2023 and December 31, 2022, respectively)	`AccountsReceivableNetCurrent`	$416.60M	USD	Point-in-time
Accounts receivable (less allowance for credit losses of $10,634 and $9,549 at June 30, 2023 and December 31, 2022, respectively)	`AccountsReceivableNetCurrent`	$397.22M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	33.43M	shares	Point-in-time
Inventories	`InventoryNet`	$163.38M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	33.58M	shares	Point-in-time
Inventories	`InventoryNet`	$176.63M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$80.93M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	28.31M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	28.41M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$82.90M	USD	Point-in-time
Treasury stock (in shares)	`TreasuryStockCommonShares`	5.17M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$918.10M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$884.41M	USD	Point-in-time
Treasury stock (in shares)	`TreasuryStockCommonShares`	5.12M	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization`	$130.98M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization`	$118.77M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$76.58M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$76.17M	USD	Point-in-time
Goodwill	`Goodwill`	$373.56M	USD	Point-in-time
Goodwill	`Goodwill`	$393.49M	USD	Point-in-time
Intangibles, net	`FiniteLivedIntangibleAssetsNet`	$283.47M	USD	Point-in-time
Intangibles, net	`FiniteLivedIntangibleAssetsNet`	$279.43M	USD	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$42.55M	USD	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$37.36M	USD	Point-in-time
Total assets	`Assets`	$1.84B	USD	Point-in-time
Total assets	`Assets`	$1.78B	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtCurrent`	$30.98M	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtCurrent`	$31.66M	USD	Point-in-time
Current maturities of operating lease obligations	`OperatingLeaseLiabilityCurrent`	$26.39M	USD	Point-in-time
Current maturities of operating lease obligations	`OperatingLeaseLiabilityCurrent`	$26.14M	USD	Point-in-time
Current maturities of finance lease obligations	`FinanceLeaseLiabilityCurrent`	$2.51M	USD	Point-in-time
Current maturities of finance lease obligations	`FinanceLeaseLiabilityCurrent`	$2.70M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$149.19M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$138.03M	USD	Point-in-time
Accrued compensation	`EmployeeRelatedLiabilitiesCurrent`	$51.61M	USD	Point-in-time
Accrued compensation	`EmployeeRelatedLiabilitiesCurrent`	$51.93M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$67.63M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$63.82M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$328.06M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$314.53M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$830.17M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$831.28M	USD	Point-in-time
Operating lease obligations	`OperatingLeaseLiabilityNoncurrent`	$49.98M	USD	Point-in-time
Operating lease obligations	`OperatingLeaseLiabilityNoncurrent`	$49.79M	USD	Point-in-time
Finance lease obligations	`FinanceLeaseLiabilityNoncurrent`	$6.40M	USD	Point-in-time
Finance lease obligations	`FinanceLeaseLiabilityNoncurrent`	$7.00M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$28.46M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$27.91M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$44.58M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$42.56M	USD	Point-in-time
Total liabilities	`Liabilities`	$1.29B	USD	Point-in-time
Total liabilities	`Liabilities`	$1.28B	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred Stock; $0.01 par value: 5,000,000 authorized and 0 shares issued and outstanding at June 30, 2023 and December 31, 2022, respectively	`PreferredStockValue`	-	USD	Point-in-time
Preferred Stock; $0.01 par value: 5,000,000 authorized and 0 shares issued and outstanding at June 30, 2023 and December 31, 2022, respectively	`PreferredStockValue`	-	USD	Point-in-time
Common stock; $0.01 par value: 100,000,000 authorized, 33,582,403 and 33,429,557 issued and 28,410,568 and 28,306,482 shares outstanding at June 30, 2023 and December 31, 2022, respectively	`CommonStockValue`	$336.00K	USD	Point-in-time
Common stock; $0.01 par value: 100,000,000 authorized, 33,582,403 and 33,429,557 issued and 28,410,568 and 28,306,482 shares outstanding at June 30, 2023 and December 31, 2022, respectively	`CommonStockValue`	$334.00K	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapitalCommonStock`	$236.12M	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapitalCommonStock`	$228.83M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$579.69M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$513.10M	USD	Point-in-time
Treasury stock; at cost: 5,171,835 and 5,123,075 shares at June 30, 2023 and December 31, 2022, respectively	`TreasuryStockCommonValue`	$295.13M	USD	Point-in-time
Treasury stock; at cost: 5,171,835 and 5,123,075 shares at June 30, 2023 and December 31, 2022, respectively	`TreasuryStockCommonValue`	$289.32M	USD	Point-in-time
Accumulated Other Comprehensive Income (Loss), Net of Tax	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$39.65M	USD	Point-in-time
Accumulated Other Comprehensive Income (Loss), Net of Tax	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$40.56M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$416.84M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$493.50M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$400.60M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$560.67M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$390.23M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$505.22M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$1.78B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$1.84B	USD	Point-in-time

Income Statement 81 line items

Line Item	Tag	Value	Unit	Period
Unrealized loss on cash flow hedge, tax benefit	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax`	$-1.93M	USD	1 Quarter
Net revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.26B	USD	2 Qtrs
Unrealized loss on cash flow hedge, tax benefit	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax`	$-3.60M	USD	1 Quarter
Unrealized loss on cash flow hedge, tax benefit	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax`	$-10.03M	USD	2 Qtrs
Net revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.35B	USD	2 Qtrs
Unrealized loss on cash flow hedge, tax benefit	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax`	$324.00K	USD	2 Qtrs
Net revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$692.10M	USD	1 Quarter
Net revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$676.75M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$875.13M	USD	2 Qtrs
Cost of sales	`CostOfGoodsAndServicesSold`	$908.51M	USD	2 Qtrs
Cost of sales	`CostOfGoodsAndServicesSold`	$460.04M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$459.62M	USD	1 Quarter
Gross profit	`GrossProfit`	$442.90M	USD	2 Qtrs
Gross profit	`GrossProfit`	$389.11M	USD	2 Qtrs
Gross profit	`GrossProfit`	$216.71M	USD	1 Quarter
Gross profit	`GrossProfit`	$232.47M	USD	1 Quarter
Selling	`SellingExpense`	$32.90M	USD	1 Quarter
Selling	`SellingExpense`	$29.37M	USD	1 Quarter
Selling	`SellingExpense`	$54.56M	USD	2 Qtrs
Selling	`SellingExpense`	$65.51M	USD	2 Qtrs
Administrative	`GeneralAndAdministrativeExpense`	$163.17M	USD	2 Qtrs
Administrative	`GeneralAndAdministrativeExpense`	$84.03M	USD	1 Quarter
Administrative	`GeneralAndAdministrativeExpense`	$95.98M	USD	1 Quarter
Administrative	`GeneralAndAdministrativeExpense`	$185.49M	USD	2 Qtrs
Amortization	`AmortizationOfIntangibleAssets`	$22.69M	USD	2 Qtrs
Amortization	`AmortizationOfIntangibleAssets`	$11.26M	USD	1 Quarter
Amortization	`AmortizationOfIntangibleAssets`	$11.26M	USD	1 Quarter
Amortization	`AmortizationOfIntangibleAssets`	$22.36M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$149.02M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$92.05M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$169.21M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$92.33M	USD	1 Quarter
Interest expense, net	`InterestExpense`	$21.00M	USD	2 Qtrs
Interest expense, net	`InterestExpense`	$10.40M	USD	1 Quarter
Interest expense, net	`InterestExpense`	$19.50M	USD	2 Qtrs
Interest expense, net	`InterestExpense`	$9.83M	USD	1 Quarter
Other (income) expense	`OtherNonoperatingIncomeExpense`	$-513.00K	USD	2 Qtrs
Other (income) expense	`OtherNonoperatingIncomeExpense`	$339.00K	USD	2 Qtrs
Other (income) expense	`OtherNonoperatingIncomeExpense`	$-368.00K	USD	1 Quarter
Other (income) expense	`OtherNonoperatingIncomeExpense`	$186.00K	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$127.50M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$150.05M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$81.28M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$82.69M	USD	1 Quarter
Income tax provision	`IncomeTaxExpenseBenefit`	$21.37M	USD	1 Quarter
Income tax provision	`IncomeTaxExpenseBenefit`	$33.78M	USD	2 Qtrs
Income tax provision	`IncomeTaxExpenseBenefit`	$21.09M	USD	1 Quarter
Income tax provision	`IncomeTaxExpenseBenefit`	$39.18M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$110.87M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$93.73M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$61.60M	USD	1 Quarter
Net income	`NetIncomeLoss`	$59.90M	USD	1 Quarter
Net change on cash flow hedges, net of tax (provision) benefit of $(1,928) and $(3,603) for the three months ended June 30, 2023 and 2022, respectively, and $324 and $(10,033) for the six months ended June 30, 2023 and 2022, respectively	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$10.15M	USD	1 Quarter
Net change on cash flow hedges, net of tax (provision) benefit of $(1,928) and $(3,603) for the three months ended June 30, 2023 and 2022, respectively, and $324 and $(10,033) for the six months ended June 30, 2023 and 2022, respectively	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$5.40M	USD	1 Quarter
Net change on cash flow hedges, net of tax (provision) benefit of $(1,928) and $(3,603) for the three months ended June 30, 2023 and 2022, respectively, and $324 and $(10,033) for the six months ended June 30, 2023 and 2022, respectively	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$28.26M	USD	2 Qtrs
Net change on cash flow hedges, net of tax (provision) benefit of $(1,928) and $(3,603) for the three months ended June 30, 2023 and 2022, respectively, and $324 and $(10,033) for the six months ended June 30, 2023 and 2022, respectively	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-907.00K	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$70.05M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$67.00M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$109.96M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$121.99M	USD	2 Qtrs
Basic (in USD per share)	`EarningsPerShareBasic`	$3.23	USD	2 Qtrs
Basic (in USD per share)	`EarningsPerShareBasic`	$3.94	USD	2 Qtrs
Basic (in USD per share)	`EarningsPerShareBasic`	$2.19	USD	1 Quarter
Basic (in USD per share)	`EarningsPerShareBasic`	$2.08	USD	1 Quarter
Diluted (in USD per share)	`EarningsPerShareDiluted`	$2.18	USD	1 Quarter
Diluted (in USD per share)	`EarningsPerShareDiluted`	$2.07	USD	1 Quarter
Diluted (in USD per share)	`EarningsPerShareDiluted`	$3.92	USD	2 Qtrs
Diluted (in USD per share)	`EarningsPerShareDiluted`	$3.21	USD	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	28.17M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	28.78M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	28.13M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	29.04M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	28.28M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	28.27M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	29.24M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	28.89M	shares	1 Quarter
Cash dividends declared per share (in USD per share)	`CommonStockDividendsPerShareDeclared`	$0.32	USD	1 Quarter
Cash dividends declared per share (in USD per share)	`CommonStockDividendsPerShareDeclared`	$0.33	USD	1 Quarter
Cash dividends declared per share (in USD per share)	`CommonStockDividendsPerShareDeclared`	$1.53	USD	2 Qtrs
Cash dividends declared per share (in USD per share)	`CommonStockDividendsPerShareDeclared`	$1.56	USD	2 Qtrs
Cash dividends declared per share (in USD per share)	`CommonStockDividendsPerShareDeclared`	$0.32	USD	Point-in-time

Cash Flow Statement 99 line items

Line Item	Tag	Value	Unit	Period
Cash acquired, net	`CashAcquiredFromAcquisition`	$337.00K	USD	2 Qtrs
Cash acquired, net	`CashAcquiredFromAcquisition`	$10.00K	USD	2 Qtrs
Net income	`ProfitLoss`	$93.73M	USD	2 Qtrs
Net income	`ProfitLoss`	$110.87M	USD	2 Qtrs
Depreciation and amortization of property and equipment	`DepreciationAndAmortization`	$25.42M	USD	2 Qtrs
Depreciation and amortization of property and equipment	`DepreciationAndAmortization`	$23.16M	USD	2 Qtrs
Amortization of operating lease right-of-use assets	`OperatingLeaseRightOfUseAssetAmortizationExpense`	$14.45M	USD	2 Qtrs
Amortization of operating lease right-of-use assets	`OperatingLeaseRightOfUseAssetAmortizationExpense`	$13.22M	USD	2 Qtrs
Amortization of intangibles	`AmortizationOfIntangibleAssets`	$22.69M	USD	2 Qtrs
Amortization of intangibles	`AmortizationOfIntangibleAssets`	$11.26M	USD	1 Quarter
Amortization of intangibles	`AmortizationOfIntangibleAssets`	$11.26M	USD	1 Quarter
Amortization of intangibles	`AmortizationOfIntangibleAssets`	$22.36M	USD	2 Qtrs
Amortization of deferred financing costs and debt discount	`AmortizationOfFinancingCostsAndDiscounts`	$961.00K	USD	2 Qtrs
Amortization of deferred financing costs and debt discount	`AmortizationOfFinancingCostsAndDiscounts`	$951.00K	USD	2 Qtrs
Provision for credit losses	`ProvisionForDoubtfulAccounts`	$1.89M	USD	2 Qtrs
Provision for credit losses	`ProvisionForDoubtfulAccounts`	$3.20M	USD	2 Qtrs
Gain on sale of property and equipment	`GainLossOnDispositionOfAssets`	$1.20M	USD	2 Qtrs
Gain on sale of property and equipment	`GainLossOnDispositionOfAssets`	$511.00K	USD	2 Qtrs
Noncash stock compensation	`ShareBasedCompensation`	$7.12M	USD	2 Qtrs
Noncash stock compensation	`ShareBasedCompensation`	$7.08M	USD	2 Qtrs
Other, net	`OtherNoncashIncomeExpense`	$-1.67M	USD	2 Qtrs
Other, net	`OtherNoncashIncomeExpense`	$5.54M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$66.72M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$17.49M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-14.72M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$33.48M	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$1.47M	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$-4.93M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$19.26M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-16.30M	USD	2 Qtrs
Income taxes receivable/payable	`IncreaseDecreaseInIncomeTaxes`	$11.47M	USD	2 Qtrs
Income taxes receivable/payable	`IncreaseDecreaseInIncomeTaxes`	$-4.84M	USD	2 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$6.86M	USD	2 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-20.88M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$138.09M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$99.46M	USD	2 Qtrs
Purchases of investments	`PaymentsToAcquireInvestments`	$124.71M	USD	2 Qtrs
Purchases of investments	`PaymentsToAcquireInvestments`	-	USD	2 Qtrs
Maturities of short term investments	`ProceedsFromSaleOfShortTermInvestments`	-	USD	2 Qtrs
Maturities of short term investments	`ProceedsFromSaleOfShortTermInvestments`	$30.00M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$28.33M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$24.51M	USD	2 Qtrs
Acquisitions of businesses, net of cash acquired of $10 and $337 in 2023 and 2022, respectively	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$72.46M	USD	2 Qtrs
Acquisitions of businesses, net of cash acquired of $10 and $337 in 2023 and 2022, respectively	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$40.18M	USD	2 Qtrs
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$830.00K	USD	2 Qtrs
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$1.46M	USD	2 Qtrs
Settlements with interest rate swap counterparties	`ProceedsFromInterestSettlements`	-	USD	2 Qtrs
Settlements with interest rate swap counterparties	`ProceedsFromInterestSettlements`	$7.76M	USD	2 Qtrs
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$7.05M	USD	2 Qtrs
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$225.00K	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-59.52M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-197.91M	USD	2 Qtrs
Payments on Term Loan	`RepaymentsOfMediumTermNotes`	$2.50M	USD	2 Qtrs
Payments on Term Loan	`RepaymentsOfMediumTermNotes`	$2.50M	USD	2 Qtrs
Proceeds from vehicle and equipment notes payable	`ProceedsFromNotesPayable`	$18.30M	USD	2 Qtrs
Proceeds from vehicle and equipment notes payable	`ProceedsFromNotesPayable`	$13.32M	USD	2 Qtrs
Debt issuance costs	`PaymentsOfDebtIssuanceCosts`	-	USD	2 Qtrs
Debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$657.00K	USD	2 Qtrs
Principal payments on long-term debt	`RepaymentsOfOtherLongTermDebt`	$14.79M	USD	2 Qtrs
Principal payments on long-term debt	`RepaymentsOfOtherLongTermDebt`	$16.16M	USD	2 Qtrs
Principal payments on finance lease obligations	`FinanceLeasePrincipalPayments`	$722.00K	USD	1 Quarter
Principal payments on finance lease obligations	`FinanceLeasePrincipalPayments`	$1.08M	USD	2 Qtrs
Principal payments on finance lease obligations	`FinanceLeasePrincipalPayments`	$1.45M	USD	2 Qtrs
Principal payments on finance lease obligations	`FinanceLeasePrincipalPayments`	$564.00K	USD	1 Quarter
Dividends paid	`PaymentsOfDividends`	$44.88M	USD	2 Qtrs
Dividends paid	`PaymentsOfDividends`	$44.47M	USD	2 Qtrs
Dividends paid	`PaymentsOfDividends`	$8.98M	USD	Point-in-time
Acquisition-related obligations	`PaymentsOfMergerRelatedCostsFinancingActivities`	$2.25M	USD	2 Qtrs
Acquisition-related obligations	`PaymentsOfMergerRelatedCostsFinancingActivities`	$9.02M	USD	2 Qtrs
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$99.67M	USD	2 Qtrs
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	-	USD	2 Qtrs
Surrender of common stock awards by employees	`PaymentsForRepurchaseOfOtherEquity`	$5.81M	USD	2 Qtrs
Surrender of common stock awards by employees	`PaymentsForRepurchaseOfOtherEquity`	$4.46M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-52.97M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-165.10M	USD	2 Qtrs
Net change in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-263.55M	USD	2 Qtrs
Net change in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$25.60M	USD	2 Qtrs
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$229.63M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$255.23M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$69.94M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$333.49M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$229.63M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$255.23M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$69.94M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$333.49M	USD	Point-in-time
Interest	`InterestPaidNet`	$20.81M	USD	2 Qtrs
Interest	`InterestPaidNet`	$22.59M	USD	2 Qtrs
Income taxes, net of refunds	`IncomeTaxesPaidNet`	$22.31M	USD	2 Qtrs
Income taxes, net of refunds	`IncomeTaxesPaidNet`	$44.10M	USD	2 Qtrs
Right-of-use assets obtained in exchange for operating lease obligations	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$14.71M	USD	2 Qtrs
Right-of-use assets obtained in exchange for operating lease obligations	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$16.56M	USD	2 Qtrs
Release of indemnification of acquisition-related debt	`NoncashActivitiesReleaseOfIndemnificationOfAcquisitionRelatedDebt`	-	USD	2 Qtrs
Release of indemnification of acquisition-related debt	`NoncashActivitiesReleaseOfIndemnificationOfAcquisitionRelatedDebt`	$980.00K	USD	2 Qtrs
Property and equipment obtained in exchange for finance lease obligations	`FinanceLeaseObligationsIncurred`	$2.23M	USD	2 Qtrs
Property and equipment obtained in exchange for finance lease obligations	`FinanceLeaseObligationsIncurred`	$2.60M	USD	2 Qtrs
Seller obligations in connection with acquisition of businesses	`BusinessCombinationConsiderationTransferredLiabilitiesIncurred`	$7.71M	USD	2 Qtrs
Seller obligations in connection with acquisition of businesses	`BusinessCombinationConsiderationTransferredLiabilitiesIncurred`	$25.28M	USD	2 Qtrs
Unpaid purchases of property and equipment included in accounts payable	`CapitalExpendituresIncurredButNotYetPaid`	$1.06M	USD	2 Qtrs
Unpaid purchases of property and equipment included in accounts payable	`CapitalExpendituresIncurredButNotYetPaid`	$4.86M	USD	2 Qtrs

Stockholders Equity 64 line items

Line Item	Tag	Value	Unit	Period
Dividends declared (in USD per share)	`CommonStockDividendsPerShareDeclared`	$0.32	USD	1 Quarter
Dividends declared (in USD per share)	`CommonStockDividendsPerShareDeclared`	$0.33	USD	1 Quarter
Dividends declared (in USD per share)	`CommonStockDividendsPerShareDeclared`	$1.53	USD	2 Qtrs
Dividends declared (in USD per share)	`CommonStockDividendsPerShareDeclared`	$1.56	USD	2 Qtrs
Dividends declared (in USD per share)	`CommonStockDividendsPerShareDeclared`	$0.32	USD	Point-in-time
BEGINNING BALANCE (in shares)	`CommonStockSharesIssued`	33.43M	shares	Point-in-time
BEGINNING BALANCE (in shares)	`CommonStockSharesIssued`	33.58M	shares	Point-in-time
BEGINNING BALANCE	`StockholdersEquity`	$416.84M	USD	Point-in-time
BEGINNING BALANCE	`StockholdersEquity`	$493.50M	USD	Point-in-time
BEGINNING BALANCE	`StockholdersEquity`	$400.60M	USD	Point-in-time
BEGINNING BALANCE	`StockholdersEquity`	$560.67M	USD	Point-in-time
BEGINNING BALANCE	`StockholdersEquity`	$390.23M	USD	Point-in-time
BEGINNING BALANCE	`StockholdersEquity`	$505.22M	USD	Point-in-time
BEGINING BALANCE, Treasury Stock (in shares)	`TreasuryStockCommonShares`	5.17M	shares	Point-in-time
BEGINING BALANCE, Treasury Stock (in shares)	`TreasuryStockCommonShares`	5.12M	shares	Point-in-time
BEGINING BALANCE, Treasury Stock	`TreasuryStockCommonValue`	$295.13M	USD	Point-in-time
BEGINING BALANCE, Treasury Stock	`TreasuryStockCommonValue`	$289.32M	USD	Point-in-time
Net income	`NetIncomeLoss`	$110.87M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$93.73M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$61.60M	USD	1 Quarter
Net income	`NetIncomeLoss`	$59.90M	USD	1 Quarter
Issuance of common stock awards to employees	`StockIssuedDuringPeriodValueShareBasedCompensationGross`	-	USD	1 Quarter
Issuance of common stock awards to employees	`StockIssuedDuringPeriodValueShareBasedCompensationGross`	-	USD	1 Quarter
Issuance of common stock awards to employees	`StockIssuedDuringPeriodValueShareBasedCompensationGross`	-	USD	2 Qtrs
Issuance of common stock awards to employees	`StockIssuedDuringPeriodValueShareBasedCompensationGross`	-	USD	2 Qtrs
Surrender of common stock awards	`StockIssuedDuringPeriodValueShareBasedCompensationForfeited`	$4.46M	USD	2 Qtrs
Surrender of common stock awards	`StockIssuedDuringPeriodValueShareBasedCompensationForfeited`	$5.81M	USD	2 Qtrs
Surrender of common stock awards	`StockIssuedDuringPeriodValueShareBasedCompensationForfeited`	$4.46M	USD	1 Quarter
Surrender of common stock awards	`StockIssuedDuringPeriodValueShareBasedCompensationForfeited`	$5.80M	USD	1 Quarter
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$6.59M	USD	2 Qtrs
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$3.46M	USD	1 Quarter
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$6.99M	USD	2 Qtrs
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$3.50M	USD	1 Quarter
Share-based compensation issued to directors	`StockIssuedDuringPeriodValueShareBasedCompensation`	$249.00K	USD	2 Qtrs
Share-based compensation issued to directors	`StockIssuedDuringPeriodValueShareBasedCompensation`	$160.00K	USD	1 Quarter
Share-based compensation issued to directors	`StockIssuedDuringPeriodValueShareBasedCompensation`	$125.00K	USD	1 Quarter
Share-based compensation issued to directors	`StockIssuedDuringPeriodValueShareBasedCompensation`	$308.00K	USD	2 Qtrs
Issuance of awards previously classified as liability awards	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	$4.00M	USD	2 Qtrs
Dividends declared	`DividendsCommonStockCash`	$9.05M	USD	1 Quarter
Dividends declared	`DividendsCommonStockCash`	$9.05M	USD	Point-in-time
Dividends declared	`DividendsCommonStockCash`	$44.94M	USD	2 Qtrs
Dividends declared	`DividendsCommonStockCash`	$44.27M	USD	2 Qtrs
Dividends declared	`DividendsCommonStockCash`	$9.37M	USD	1 Quarter
Common stock repurchase (in shares)	`TreasuryStockSharesAcquired`	554,000.00	shares	2 Qtrs
Common stock repurchase (in shares)	`TreasuryStockSharesAcquired`	1.10M	shares	2 Qtrs
Common stock repurchase	`TreasuryStockValueAcquiredCostMethod`	$99.67M	USD	2 Qtrs
Common stock repurchase	`TreasuryStockValueAcquiredCostMethod`	$49.80M	USD	2 Qtrs
Common stock repurchase	`TreasuryStockValueAcquiredCostMethod`	$49.80M	USD	1 Quarter
Other comprehensive income, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$10.15M	USD	1 Quarter
Other comprehensive income, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$5.40M	USD	1 Quarter
Other comprehensive income, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$28.26M	USD	2 Qtrs
Other comprehensive income, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-907.00K	USD	2 Qtrs
ENDING BALANCE (in shares)	`CommonStockSharesIssued`	33.43M	shares	Point-in-time
ENDING BALANCE (in shares)	`CommonStockSharesIssued`	33.58M	shares	Point-in-time
ENDING BALANCE	`StockholdersEquity`	$416.84M	USD	Point-in-time
ENDING BALANCE	`StockholdersEquity`	$493.50M	USD	Point-in-time
ENDING BALANCE	`StockholdersEquity`	$400.60M	USD	Point-in-time
ENDING BALANCE	`StockholdersEquity`	$560.67M	USD	Point-in-time
ENDING BALANCE	`StockholdersEquity`	$390.23M	USD	Point-in-time
ENDING BALANCE	`StockholdersEquity`	$505.22M	USD	Point-in-time
ENDING BALANCE, Treasury Stock (in shares)	`TreasuryStockCommonShares`	5.17M	shares	Point-in-time
ENDING BALANCE, Treasury Stock (in shares)	`TreasuryStockCommonShares`	5.12M	shares	Point-in-time
ENDING BALANCE, Treasury Stock	`TreasuryStockCommonValue`	$295.13M	USD	Point-in-time
ENDING BALANCE, Treasury Stock	`TreasuryStockCommonValue`	$289.32M	USD	Point-in-time

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