TopBuild Corp. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Cover
- Document and Entity Information
Financial Statements
Notes to Financial Statements
Accounting Policies
- Accounting Policies (Policies)
Notes Tables
Notes Details

Long-Term Debt - Key Terms of Credit Agreement (Details)

v3.23.1

Long-Term Debt - Key Terms of Credit Agreement (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Dec. 31, 2022
Revolving Facility
Long-Term Debt
Availability	$ 500,000	$ 500,000
Revolving Facility \| Minimum
Long-Term Debt
Commitment fee (as a percent)	0.15%
Revolving Facility \| Maximum
Long-Term Debt
Commitment fee (as a percent)	0.275%
Credit Agreement
Long-Term Debt
Additional delayed draw term loan	$ 300,000
Additional term loan and/or revolver capacity available under incremental facility	$ 300,000
Scheduled maturity date	Oct. 07, 2026
Credit Agreement \| Base Rate Borrowings \| Minimum
Long-Term Debt
Applicable margin based on total leverage ratio	0.00%
Credit Agreement \| Base Rate Borrowings \| Maximum
Long-Term Debt
Applicable margin based on total leverage ratio	1.50%
Credit Agreement \| Base Rate Borrowings \| Federal Funds Rate
Long-Term Debt
Basis spread	0.50%
Credit Agreement \| Base Rate Borrowings \| SOFR
Long-Term Debt
Basis spread	1.00%
Maturity of the reference rate	1 month
Credit Agreement \| SOFR Rate Borrowings
Long-Term Debt
Interest rate floor (as a percent)	0.00%
Credit Agreement \| SOFR Rate Borrowings \| Minimum
Long-Term Debt
Applicable margin based on total leverage ratio	1.00%
Credit Agreement \| SOFR Rate Borrowings \| Maximum
Long-Term Debt
Applicable margin based on total leverage ratio	2.50%
Credit Agreement \| Revolving Facility
Long-Term Debt
Availability	$ 500,000
Sublimit for issuance of letters of credit under Revolving Facility*	100,000
Sublimit for swingline loans under Revolving Facility*	$ 35,000
Interest rate	5.91%
Credit Agreement \| Term Loan Facility
Long-Term Debt
Availability	$ 300,000

- Definition

Represents the applicable margin based on the total leverage ratio per the terms of the credit agreement.

+ References

No definition available.

+ Details

Name:	bld_DebitInstrumentApplicableMarginBasedOnTotalLeverageRatio
Namespace Prefix:	bld_
Data Type:	dtr-types:percentItemType
Balance Type:	na
Period Type:	duration

- Definition

The debt instrument percentage rate floor.

+ References

No definition available.

+ Details

Name:	bld_DebtInstrumentInterestRatePercentageFloor
Namespace Prefix:	bld_
Data Type:	dtr-types:percentItemType
Balance Type:	na
Period Type:	duration

- Definition

The maturity of the reference rate.

+ References

No definition available.

+ Details

Name:	bld_DebtInstrumentReferenceRateMaturityPeriod
Namespace Prefix:	bld_
Data Type:	xbrli:durationItemType
Balance Type:	na
Period Type:	duration

- Definition

Represents the additional borrowing capacity available, subject to certain conditions.

+ References

No definition available.

+ Details

Name:	bld_LineOfCreditFacilityAdditionalBorrowingCapacityAvailableSubjectToCertainConditions
Namespace Prefix:	bld_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	instant

- Definition

The additional borrowing capacity available through delayed draw feature.

+ References

No definition available.

+ Details

Name:	bld_LineOfCreditFacilityAdditionalBorrowingCapacityDelayedDraw
Namespace Prefix:	bld_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	instant

- Definition

Represents the sublimit available for the issuance of letters of credit under the credit facility.

+ References

No definition available.

+ Details

Name:	bld_LineOfCreditFacilitySublimitAvailableForLettersOfCredit
Namespace Prefix:	bld_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	instant

- Definition

Represents the sublimit available for swingline loans under the credit facility.

+ References

No definition available.

+ Details

Name:	bld_LineOfCreditFacilitySublimitAvailableForSwinglineLoans
Namespace Prefix:	bld_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	instant

- Definition

Percentage points added to the reference rate to compute the variable rate on the debt instrument.

+ References

No definition available.

+ Details

Name:	us-gaap_DebtInstrumentBasisSpreadOnVariableRate1
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:percentItemType
Balance Type:	na
Period Type:	duration

- Definition

Effective interest rate for the funds borrowed under the debt agreement considering interest compounding and original issue discount or premium.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 20
-Section 50
-Paragraph 6
-Subparagraph (a)
-URI https://asc.fasb.org/extlink&oid=123466204&loc=SL6036836-161870

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 835
-SubTopic 30
-Section 45
-Paragraph 2
-URI https://asc.fasb.org/extlink&oid=124435984&loc=d3e28551-108399

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 835
-SubTopic 30
-Section 50
-Paragraph 1
-URI https://asc.fasb.org/extlink&oid=124429444&loc=SL124452920-239629

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.22(a)(1))
-URI https://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682

+ Details

Name:	us-gaap_DebtInstrumentInterestRateEffectivePercentage
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:percentItemType
Balance Type:	na
Period Type:	instant

- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

+ References

No definition available.

+ Details

Name:	us-gaap_DebtInstrumentLineItems
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

- Definition

Date when the debt instrument is scheduled to be fully repaid, in YYYY-MM-DD format.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.22(a)(2))
-URI https://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682

Reference 2: http://www.xbrl.org/2003/role/exampleRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 20
-Section 50
-Paragraph 1B
-Subparagraph (d)
-URI https://asc.fasb.org/extlink&oid=123466505&loc=SL123495323-112611

Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 820
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (bbb)(2)
-URI https://asc.fasb.org/extlink&oid=126976982&loc=d3e19207-110258

+ Details

Name:	us-gaap_DebtInstrumentMaturityDate
Namespace Prefix:	us-gaap_
Data Type:	xbrli:dateItemType
Balance Type:	na
Period Type:	duration

- Definition

Maximum borrowing capacity under the credit facility without consideration of any current restrictions on the amount that could be borrowed or the amounts currently outstanding under the facility.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.19(b),22(b))
-URI https://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682

+ Details

Name:	us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity
Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	instant

- Definition

The fee, expressed as a percentage of the line of credit facility, for available but unused credit capacity under the credit facility.

+ References

No definition available.

+ Details

Name:	us-gaap_LineOfCreditFacilityUnusedCapacityCommitmentFeePercentage
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:percentItemType
Balance Type:	na
Period Type:	duration

- Details

Name:	us-gaap_ShortTermDebtTypeAxis=us-gaap_RevolvingCreditFacilityMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

- Details

Name:	srt_RangeAxis=srt_MinimumMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

- Details

Name:	srt_RangeAxis=srt_MaximumMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

- Details

Name:	us-gaap_DebtInstrumentAxis=bld_AmendedCreditAgreementDecember2022Member
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

- Details

Name:	us-gaap_CreditFacilityAxis=bld_BaseRateBorrowingsMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

- Details

Name:	us-gaap_VariableRateAxis=bld_FederalFundsRateMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

- Details

Name:	us-gaap_VariableRateAxis=us-gaap_SecuredOvernightFinancingRateSofrOvernightIndexSwapRateMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

- Details

Name:	us-gaap_CreditFacilityAxis=bld_SofrRateBorrowingsMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

- Details

Name:	us-gaap_LongtermDebtTypeAxis=us-gaap_SecuredDebtMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type: