10-Q Filing

INSTALLED BUILDING PRODUCTS, INC. CIK: 1580905 Q3 2023

Filing Information

Form Type	10-Q
Accession Number	`0001580905-23-000052`
Period End Date	20230930
Filing Date	20231108
Fiscal Year	2023
Fiscal Period	Q3
XBRL Instance	ibp-20230930_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 90 Income Statement 82 Cash Flow Statement 104 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`	$10.92M	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
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$229.63M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$339.76M	USD	Point-in-time
Common stock, par value (in USD per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, par value (in USD per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Accounts receivable (less allowance for credit losses of $10,919 and $9,549 at September 30, 2023 and December 31, 2022, respectively)	`AccountsReceivableNetCurrent`	$427.09M	USD	Point-in-time
Accounts receivable (less allowance for credit losses of $10,919 and $9,549 at September 30, 2023 and December 31, 2022, respectively)	`AccountsReceivableNetCurrent`	$397.22M	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
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	33.58M	shares	Point-in-time
Inventories	`InventoryNet`	$159.68M	USD	Point-in-time
Inventories	`InventoryNet`	$176.63M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	33.43M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	28.41M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	28.31M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$73.29M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$80.93M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$999.82M	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
Treasury stock (in shares)	`TreasuryStockCommonShares`	5.17M	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization`	$134.03M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization`	$118.77M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$77.81M	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`	$395.21M	USD	Point-in-time
Intangibles, net	`FiniteLivedIntangibleAssetsNet`	$271.31M	USD	Point-in-time
Intangibles, net	`FiniteLivedIntangibleAssetsNet`	$283.47M	USD	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$42.78M	USD	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$42.55M	USD	Point-in-time
Total assets	`Assets`	$1.92B	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`	$31.80M	USD	Point-in-time
Current maturities of operating lease obligations	`OperatingLeaseLiabilityCurrent`	$26.14M	USD	Point-in-time
Current maturities of operating lease obligations	`OperatingLeaseLiabilityCurrent`	$27.77M	USD	Point-in-time
Current maturities of finance lease obligations	`FinanceLeaseLiabilityCurrent`	$2.69M	USD	Point-in-time
Current maturities of finance lease obligations	`FinanceLeaseLiabilityCurrent`	$2.51M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$143.56M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$149.19M	USD	Point-in-time
Accrued compensation	`EmployeeRelatedLiabilitiesCurrent`	$51.61M	USD	Point-in-time
Accrued compensation	`EmployeeRelatedLiabilitiesCurrent`	$61.15M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$67.63M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$57.70M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$324.68M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$328.06M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$833.46M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$830.17M	USD	Point-in-time
Operating lease obligations	`OperatingLeaseLiabilityNoncurrent`	$49.79M	USD	Point-in-time
Operating lease obligations	`OperatingLeaseLiabilityNoncurrent`	$50.09M	USD	Point-in-time
Finance lease obligations	`FinanceLeaseLiabilityNoncurrent`	$6.40M	USD	Point-in-time
Finance lease obligations	`FinanceLeaseLiabilityNoncurrent`	$6.91M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$29.84M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$28.46M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$47.81M	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`	$1.29B	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 September 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 September 30, 2023 and December 31, 2022, respectively	`PreferredStockValue`	-	USD	Point-in-time
Common stock; $0.01 par value: 100,000,000 authorized, 33,582,449 and 33,429,557 issued and 28,409,655 and 28,306,482 shares outstanding at September 30, 2023 and December 31, 2022, respectively	`CommonStockValue`	$334.00K	USD	Point-in-time
Common stock; $0.01 par value: 100,000,000 authorized, 33,582,449 and 33,429,557 issued and 28,409,655 and 28,306,482 shares outstanding at September 30, 2023 and December 31, 2022, respectively	`CommonStockValue`	$336.00K	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapitalCommonStock`	$228.83M	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapitalCommonStock`	$239.55M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$638.31M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$513.10M	USD	Point-in-time
Treasury stock; at cost: 5,172,794 and 5,123,075 shares at September 30, 2023 and December 31, 2022, respectively	`TreasuryStockCommonValue`	$289.32M	USD	Point-in-time
Treasury stock; at cost: 5,172,794 and 5,123,075 shares at September 30, 2023 and December 31, 2022, respectively	`TreasuryStockCommonValue`	$295.14M	USD	Point-in-time
Accumulated Other Comprehensive Income (Loss), Net of Tax	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$45.13M	USD	Point-in-time
Accumulated Other Comprehensive Income (Loss), Net of Tax	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$40.56M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$400.60M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$628.18M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$560.67M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$416.84M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$457.51M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$493.50M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$1.78B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$1.92B	USD	Point-in-time

Income Statement 82 line items

Line Item	Tag	Value	Unit	Period
Net revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.98B	USD	3 Qtrs
Net revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$719.11M	USD	1 Quarter
Unrealized loss on cash flow hedge, tax (benefit) expense	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax`	$1.63M	USD	3 Qtrs
Unrealized loss on cash flow hedge, tax (benefit) expense	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax`	$1.96M	USD	1 Quarter
Net revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$706.47M	USD	1 Quarter
Unrealized loss on cash flow hedge, tax (benefit) expense	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax`	$15.14M	USD	3 Qtrs
Net revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$2.06B	USD	3 Qtrs
Unrealized loss on cash flow hedge, tax (benefit) expense	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax`	$5.11M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$1.37B	USD	3 Qtrs
Cost of sales	`CostOfGoodsAndServicesSold`	$497.84M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$1.37B	USD	3 Qtrs
Cost of sales	`CostOfGoodsAndServicesSold`	$464.37M	USD	1 Quarter
Gross profit	`GrossProfit`	$242.09M	USD	1 Quarter
Gross profit	`GrossProfit`	$221.28M	USD	1 Quarter
Gross profit	`GrossProfit`	$610.39M	USD	3 Qtrs
Gross profit	`GrossProfit`	$684.99M	USD	3 Qtrs
Selling	`SellingExpense`	$97.47M	USD	3 Qtrs
Selling	`SellingExpense`	$86.21M	USD	3 Qtrs
Selling	`SellingExpense`	$31.97M	USD	1 Quarter
Selling	`SellingExpense`	$31.65M	USD	1 Quarter
Administrative	`GeneralAndAdministrativeExpense`	$84.34M	USD	1 Quarter
Administrative	`GeneralAndAdministrativeExpense`	$96.79M	USD	1 Quarter
Administrative	`GeneralAndAdministrativeExpense`	$247.52M	USD	3 Qtrs
Administrative	`GeneralAndAdministrativeExpense`	$282.28M	USD	3 Qtrs
Amortization	`AmortizationOfIntangibleAssets`	$11.03M	USD	1 Quarter
Amortization	`AmortizationOfIntangibleAssets`	$11.37M	USD	1 Quarter
Amortization	`AmortizationOfIntangibleAssets`	$33.72M	USD	3 Qtrs
Amortization	`AmortizationOfIntangibleAssets`	$33.73M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$271.52M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$102.31M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$242.93M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$93.91M	USD	1 Quarter
Interest expense, net	`InterestExpense`	$31.67M	USD	3 Qtrs
Interest expense, net	`InterestExpense`	$29.22M	USD	3 Qtrs
Interest expense, net	`InterestExpense`	$10.67M	USD	1 Quarter
Interest expense, net	`InterestExpense`	$9.72M	USD	1 Quarter
Other (income) expense	`OtherNonoperatingIncomeExpense`	$-185.00K	USD	1 Quarter
Other (income) expense	`OtherNonoperatingIncomeExpense`	$-698.00K	USD	3 Qtrs
Other (income) expense	`OtherNonoperatingIncomeExpense`	$205.00K	USD	1 Quarter
Other (income) expense	`OtherNonoperatingIncomeExpense`	$544.00K	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$210.56M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$92.80M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$83.06M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$242.84M	USD	3 Qtrs
Income tax provision	`IncomeTaxExpenseBenefit`	$24.80M	USD	1 Quarter
Income tax provision	`IncomeTaxExpenseBenefit`	$22.08M	USD	1 Quarter
Income tax provision	`IncomeTaxExpenseBenefit`	$63.98M	USD	3 Qtrs
Income tax provision	`IncomeTaxExpenseBenefit`	$55.86M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$178.86M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$67.99M	USD	1 Quarter
Net income	`NetIncomeLoss`	$154.70M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$60.98M	USD	1 Quarter
Net change on cash flow hedges, net of tax provision of $(1,956) and $(5,105) for the three months ended September 30, 2023 and 2022, respectively, and $(1,633) and $(15,138) for the nine months ended September 30, 2023 and 2022, respectively	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$42.64M	USD	3 Qtrs
Net change on cash flow hedges, net of tax provision of $(1,956) and $(5,105) for the three months ended September 30, 2023 and 2022, respectively, and $(1,633) and $(15,138) for the nine months ended September 30, 2023 and 2022, respectively	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$4.58M	USD	3 Qtrs
Net change on cash flow hedges, net of tax provision of $(1,956) and $(5,105) for the three months ended September 30, 2023 and 2022, respectively, and $(1,633) and $(15,138) for the nine months ended September 30, 2023 and 2022, respectively	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$5.48M	USD	1 Quarter
Net change on cash flow hedges, net of tax provision of $(1,956) and $(5,105) for the three months ended September 30, 2023 and 2022, respectively, and $(1,633) and $(15,138) for the nine months ended September 30, 2023 and 2022, respectively	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$14.38M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$197.34M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$183.44M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$75.36M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$73.47M	USD	1 Quarter
Basic (in USD per share)	`EarningsPerShareBasic`	$5.36	USD	3 Qtrs
Basic (in USD per share)	`EarningsPerShareBasic`	$2.41	USD	1 Quarter
Basic (in USD per share)	`EarningsPerShareBasic`	$2.14	USD	1 Quarter
Basic (in USD per share)	`EarningsPerShareBasic`	$6.35	USD	3 Qtrs
Diluted (in USD per share)	`EarningsPerShareDiluted`	$6.32	USD	3 Qtrs
Diluted (in USD per share)	`EarningsPerShareDiluted`	$5.33	USD	3 Qtrs
Diluted (in USD per share)	`EarningsPerShareDiluted`	$2.40	USD	1 Quarter
Diluted (in USD per share)	`EarningsPerShareDiluted`	$2.13	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	28.20M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	28.15M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	28.85M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	28.48M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	28.60M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	28.32M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	29.02M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	28.29M	shares	3 Qtrs
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`	$0.32	USD	Point-in-time
Cash dividends declared per share (in USD per share)	`CommonStockDividendsPerShareDeclared`	$1.89	USD	3 Qtrs
Cash dividends declared per share (in USD per share)	`CommonStockDividendsPerShareDeclared`	$0.32	USD	Point-in-time
Cash dividends declared per share (in USD per share)	`CommonStockDividendsPerShareDeclared`	$1.85	USD	3 Qtrs
Cash dividends declared per share (in USD per share)	`CommonStockDividendsPerShareDeclared`	$0.33	USD	1 Quarter

Cash Flow Statement 104 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$178.86M	USD	3 Qtrs
Cash acquired, net	`CashAcquiredFromAcquisition`	$10.00K	USD	3 Qtrs
Cash acquired, net	`CashAcquiredFromAcquisition`	$330.00K	USD	3 Qtrs
Net income	`ProfitLoss`	$154.70M	USD	3 Qtrs
Depreciation and amortization of property and equipment	`DepreciationAndAmortization`	$35.15M	USD	3 Qtrs
Depreciation and amortization of property and equipment	`DepreciationAndAmortization`	$38.70M	USD	3 Qtrs
Amortization of operating lease right-of-use assets	`OperatingLeaseRightOfUseAssetAmortizationExpense`	$19.83M	USD	3 Qtrs
Amortization of operating lease right-of-use assets	`OperatingLeaseRightOfUseAssetAmortizationExpense`	$21.72M	USD	3 Qtrs
Amortization of intangibles	`AmortizationOfIntangibleAssets`	$11.03M	USD	1 Quarter
Amortization of intangibles	`AmortizationOfIntangibleAssets`	$11.37M	USD	1 Quarter
Amortization of intangibles	`AmortizationOfIntangibleAssets`	$33.72M	USD	3 Qtrs
Amortization of intangibles	`AmortizationOfIntangibleAssets`	$33.73M	USD	3 Qtrs
Amortization of deferred financing costs and debt discount	`AmortizationOfFinancingCostsAndDiscounts`	$1.42M	USD	3 Qtrs
Amortization of deferred financing costs and debt discount	`AmortizationOfFinancingCostsAndDiscounts`	$1.44M	USD	3 Qtrs
Provision for credit losses	`ProvisionForDoubtfulAccounts`	$2.75M	USD	3 Qtrs
Provision for credit losses	`ProvisionForDoubtfulAccounts`	$4.38M	USD	3 Qtrs
Write-off of debt issuance costs	`WriteOffOfDeferredDebtIssuanceCost`	-	USD	3 Qtrs
Write-off of debt issuance costs	`WriteOffOfDeferredDebtIssuanceCost`	$928.00K	USD	3 Qtrs
Gain on sale of property and equipment	`GainLossOnDispositionOfAssets`	$1.52M	USD	3 Qtrs
Gain on sale of property and equipment	`GainLossOnDispositionOfAssets`	$1.05M	USD	3 Qtrs
Noncash stock compensation	`ShareBasedCompensation`	$10.64M	USD	3 Qtrs
Noncash stock compensation	`ShareBasedCompensation`	$10.29M	USD	3 Qtrs
Other, net	`OtherNoncashIncomeExpense`	$-1.51M	USD	3 Qtrs
Other, net	`OtherNoncashIncomeExpense`	$8.82M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$28.70M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$98.53M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$23.07M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-18.71M	USD	3 Qtrs
Proceeds from termination of interest rate swap agreements	`ProceedsFromTerminationsOfDerivativeInstruments`	-	USD	3 Qtrs
Proceeds from termination of interest rate swap agreements	`ProceedsFromTerminationsOfDerivativeInstruments`	$25.46M	USD	3 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$-10.70M	USD	3 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$-4.77M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$20.29M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-8.27M	USD	3 Qtrs
Income taxes receivable/payable	`IncreaseDecreaseInIncomeTaxes`	$12.35M	USD	3 Qtrs
Income taxes receivable/payable	`IncreaseDecreaseInIncomeTaxes`	$-198.00K	USD	3 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-21.74M	USD	3 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-971.00K	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$198.67M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$250.54M	USD	3 Qtrs
Purchases of investments	`PaymentsToAcquireInvestments`	-	USD	3 Qtrs
Purchases of investments	`PaymentsToAcquireInvestments`	$344.39M	USD	3 Qtrs
Maturities of short term investments	`ProceedsFromSaleOfShortTermInvestments`	-	USD	3 Qtrs
Maturities of short term investments	`ProceedsFromSaleOfShortTermInvestments`	$320.00M	USD	3 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$35.21M	USD	3 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$46.90M	USD	3 Qtrs
Acquisitions of businesses, net of cash acquired of $10 and $330 in 2023 and 2022, respectively	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$75.78M	USD	3 Qtrs
Acquisitions of businesses, net of cash acquired of $10 and $330 in 2023 and 2022, respectively	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$44.84M	USD	3 Qtrs
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$2.05M	USD	3 Qtrs
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$1.42M	USD	3 Qtrs
Settlements with interest rate swap counterparties	`ProceedsFromInterestSettlements`	$12.16M	USD	3 Qtrs
Settlements with interest rate swap counterparties	`ProceedsFromInterestSettlements`	$1.29M	USD	3 Qtrs
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$350.00K	USD	3 Qtrs
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$7.26M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-139.94M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-77.88M	USD	3 Qtrs
Payments on Term Loan	`RepaymentsOfMediumTermNotes`	$3.75M	USD	3 Qtrs
Payments on Term Loan	`RepaymentsOfMediumTermNotes`	$3.73M	USD	3 Qtrs
Proceeds from vehicle and equipment notes payable	`ProceedsFromNotesPayable`	$28.36M	USD	3 Qtrs
Proceeds from vehicle and equipment notes payable	`ProceedsFromNotesPayable`	$20.49M	USD	3 Qtrs
Debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$655.00K	USD	3 Qtrs
Debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$438.00K	USD	3 Qtrs
Principal payments on long-term debt	`RepaymentsOfOtherLongTermDebt`	$23.34M	USD	3 Qtrs
Principal payments on long-term debt	`RepaymentsOfOtherLongTermDebt`	$22.19M	USD	3 Qtrs
Principal payments on finance lease obligations	`FinanceLeasePrincipalPayments`	$1.66M	USD	3 Qtrs
Principal payments on finance lease obligations	`FinanceLeasePrincipalPayments`	$750.00K	USD	1 Quarter
Principal payments on finance lease obligations	`FinanceLeasePrincipalPayments`	$576.00K	USD	1 Quarter
Principal payments on finance lease obligations	`FinanceLeasePrincipalPayments`	$2.20M	USD	3 Qtrs
Dividends paid	`PaymentsOfDividends`	$53.78M	USD	3 Qtrs
Dividends paid	`PaymentsOfDividends`	$53.82M	USD	3 Qtrs
Dividends paid	`PaymentsOfDividends`	$8.95M	USD	Point-in-time
Dividends paid	`PaymentsOfDividends`	$8.98M	USD	Point-in-time
Acquisition-related obligations	`PaymentsOfMergerRelatedCostsFinancingActivities`	$2.72M	USD	3 Qtrs
Acquisition-related obligations	`PaymentsOfMergerRelatedCostsFinancingActivities`	$9.42M	USD	3 Qtrs
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$112.19M	USD	3 Qtrs
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	-	USD	3 Qtrs
Surrender of common stock awards by employees	`PaymentsForRepurchaseOfOtherEquity`	$5.83M	USD	3 Qtrs
Surrender of common stock awards by employees	`PaymentsForRepurchaseOfOtherEquity`	$4.46M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-62.53M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-188.81M	USD	3 Qtrs
Net change in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$110.13M	USD	3 Qtrs
Net change in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-130.08M	USD	3 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`	$333.49M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$203.40M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$339.76M	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`	$333.49M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$203.40M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$339.76M	USD	Point-in-time
Interest	`InterestPaidNet`	$36.33M	USD	3 Qtrs
Interest	`InterestPaidNet`	$40.64M	USD	3 Qtrs
Income taxes, net of refunds	`IncomeTaxesPaidNet`	$43.51M	USD	3 Qtrs
Income taxes, net of refunds	`IncomeTaxesPaidNet`	$64.18M	USD	3 Qtrs
Right-of-use assets obtained in exchange for operating lease obligations	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$22.06M	USD	3 Qtrs
Right-of-use assets obtained in exchange for operating lease obligations	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$23.19M	USD	3 Qtrs
Release of indemnification of acquisition-related debt	`NoncashActivitiesReleaseOfIndemnificationOfAcquisitionRelatedDebt`	-	USD	3 Qtrs
Release of indemnification of acquisition-related debt	`NoncashActivitiesReleaseOfIndemnificationOfAcquisitionRelatedDebt`	$980.00K	USD	3 Qtrs
Property and equipment obtained in exchange for finance lease obligations	`FinanceLeaseObligationsIncurred`	$4.41M	USD	3 Qtrs
Property and equipment obtained in exchange for finance lease obligations	`FinanceLeaseObligationsIncurred`	$2.90M	USD	3 Qtrs
Seller obligations in connection with acquisition of businesses	`BusinessCombinationConsiderationTransferredLiabilitiesIncurred`	$25.53M	USD	3 Qtrs
Seller obligations in connection with acquisition of businesses	`BusinessCombinationConsiderationTransferredLiabilitiesIncurred`	$8.29M	USD	3 Qtrs
Unpaid purchases of property and equipment included in accounts payable	`CapitalExpendituresIncurredButNotYetPaid`	$1.94M	USD	3 Qtrs
Unpaid purchases of property and equipment included in accounts payable	`CapitalExpendituresIncurredButNotYetPaid`	$857.00K	USD	3 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`	$0.32	USD	Point-in-time
Dividends declared (in USD per share)	`CommonStockDividendsPerShareDeclared`	$1.89	USD	3 Qtrs
Dividends declared (in USD per share)	`CommonStockDividendsPerShareDeclared`	$0.32	USD	Point-in-time
Dividends declared (in USD per share)	`CommonStockDividendsPerShareDeclared`	$1.85	USD	3 Qtrs
Dividends declared (in USD per share)	`CommonStockDividendsPerShareDeclared`	$0.33	USD	1 Quarter
BEGINNING BALANCE (in shares)	`CommonStockSharesIssued`	33.58M	shares	Point-in-time
BEGINNING BALANCE (in shares)	`CommonStockSharesIssued`	33.43M	shares	Point-in-time
BEGINNING BALANCE	`StockholdersEquity`	$400.60M	USD	Point-in-time
BEGINNING BALANCE	`StockholdersEquity`	$628.18M	USD	Point-in-time
BEGINNING BALANCE	`StockholdersEquity`	$560.67M	USD	Point-in-time
BEGINNING BALANCE	`StockholdersEquity`	$416.84M	USD	Point-in-time
BEGINNING BALANCE	`StockholdersEquity`	$457.51M	USD	Point-in-time
BEGINNING BALANCE	`StockholdersEquity`	$493.50M	USD	Point-in-time
BEGINING BALANCE, Treasury Stock (in shares)	`TreasuryStockCommonShares`	5.12M	shares	Point-in-time
BEGINING BALANCE, Treasury Stock (in shares)	`TreasuryStockCommonShares`	5.17M	shares	Point-in-time
BEGINING BALANCE, Treasury Stock	`TreasuryStockCommonValue`	$289.32M	USD	Point-in-time
BEGINING BALANCE, Treasury Stock	`TreasuryStockCommonValue`	$295.14M	USD	Point-in-time
Net income	`NetIncomeLoss`	$178.86M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$67.99M	USD	1 Quarter
Net income	`NetIncomeLoss`	$154.70M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$60.98M	USD	1 Quarter
Issuance of common stock awards to employees	`StockIssuedDuringPeriodValueShareBasedCompensationGross`	-	USD	3 Qtrs
Issuance of common stock awards to employees	`StockIssuedDuringPeriodValueShareBasedCompensationGross`	-	USD	3 Qtrs
Surrender of common stock awards	`StockIssuedDuringPeriodValueShareBasedCompensationForfeited`	$5.83M	USD	3 Qtrs
Surrender of common stock awards	`StockIssuedDuringPeriodValueShareBasedCompensationForfeited`	$5.00K	USD	1 Quarter
Surrender of common stock awards	`StockIssuedDuringPeriodValueShareBasedCompensationForfeited`	$4.46M	USD	3 Qtrs
Surrender of common stock awards	`StockIssuedDuringPeriodValueShareBasedCompensationForfeited`	$13.00K	USD	1 Quarter
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$2.97M	USD	1 Quarter
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$10.24M	USD	3 Qtrs
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$3.25M	USD	1 Quarter
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$9.56M	USD	3 Qtrs
Share-based compensation issued to directors	`StockIssuedDuringPeriodValueShareBasedCompensation`	$140.00K	USD	1 Quarter
Share-based compensation issued to directors	`StockIssuedDuringPeriodValueShareBasedCompensation`	$389.00K	USD	3 Qtrs
Share-based compensation issued to directors	`StockIssuedDuringPeriodValueShareBasedCompensation`	$485.00K	USD	3 Qtrs
Share-based compensation issued to directors	`StockIssuedDuringPeriodValueShareBasedCompensation`	$177.00K	USD	1 Quarter
Issuance of awards previously classified as liability awards	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	$4.00M	USD	3 Qtrs
Dividends declared	`DividendsCommonStockCash`	$9.02M	USD	Point-in-time
Dividends declared	`DividendsCommonStockCash`	$53.65M	USD	3 Qtrs
Dividends declared	`DividendsCommonStockCash`	$9.37M	USD	1 Quarter
Dividends declared	`DividendsCommonStockCash`	$53.96M	USD	3 Qtrs
Dividends declared	`DividendsCommonStockCash`	$9.05M	USD	Point-in-time
Dividends declared	`DividendsCommonStockCash`	$9.02M	USD	1 Quarter
Common stock repurchase (in shares)	`TreasuryStockSharesAcquired`	142,000.00	shares	1 Quarter
Common stock repurchase (in shares)	`TreasuryStockSharesAcquired`	1.20M	shares	3 Qtrs
Common stock repurchase	`TreasuryStockValueAcquiredCostMethod`	$112.19M	USD	3 Qtrs
Common stock repurchase	`TreasuryStockValueAcquiredCostMethod`	$112.20M	USD	3 Qtrs
Common stock repurchase	`TreasuryStockValueAcquiredCostMethod`	$12.53M	USD	1 Quarter
Other comprehensive income, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$42.64M	USD	3 Qtrs
Other comprehensive income, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$4.58M	USD	3 Qtrs
Other comprehensive income, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$5.48M	USD	1 Quarter
Other comprehensive income, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$14.38M	USD	1 Quarter
ENDING BALANCE (in shares)	`CommonStockSharesIssued`	33.58M	shares	Point-in-time
ENDING BALANCE (in shares)	`CommonStockSharesIssued`	33.43M	shares	Point-in-time
ENDING BALANCE	`StockholdersEquity`	$400.60M	USD	Point-in-time
ENDING BALANCE	`StockholdersEquity`	$628.18M	USD	Point-in-time
ENDING BALANCE	`StockholdersEquity`	$560.67M	USD	Point-in-time
ENDING BALANCE	`StockholdersEquity`	$416.84M	USD	Point-in-time
ENDING BALANCE	`StockholdersEquity`	$457.51M	USD	Point-in-time
ENDING BALANCE	`StockholdersEquity`	$493.50M	USD	Point-in-time
ENDING BALANCE, Treasury Stock (in shares)	`TreasuryStockCommonShares`	5.12M	shares	Point-in-time
ENDING BALANCE, Treasury Stock (in shares)	`TreasuryStockCommonShares`	5.17M	shares	Point-in-time
ENDING BALANCE, Treasury Stock	`TreasuryStockCommonValue`	$289.32M	USD	Point-in-time
ENDING BALANCE, Treasury Stock	`TreasuryStockCommonValue`	$295.14M	USD	Point-in-time

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