| Schedule of revenues disaggregated by market and product |
The following tables present our revenues disaggregated by market (in thousands):
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Three Months Ended March 31, |
|
|
2025 |
|
2024 |
|
|
Installation |
|
Specialty
Distribution |
|
Eliminations |
|
Total |
|
Installation |
|
Specialty
Distribution |
|
Eliminations |
|
Total |
Residential |
|
$ |
620,961 |
|
$ |
210,014 |
|
$ |
(61,224) |
|
$ |
769,751 |
|
$ |
674,436 |
|
$ |
216,397 |
|
$ |
(55,990) |
|
$ |
834,843 |
Commercial/Industrial |
|
|
124,572 |
|
|
349,790 |
|
|
(10,835) |
|
|
463,527 |
|
|
124,307 |
|
|
329,397 |
|
|
(9,830) |
|
|
443,874 |
Net sales |
|
$ |
745,533 |
|
$ |
559,804 |
|
$ |
(72,059) |
|
$ |
1,233,278 |
|
$ |
798,743 |
|
$ |
545,794 |
|
$ |
(65,820) |
|
$ |
1,278,717 |
The following tables present our revenues disaggregated by product (in thousands):
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Three Months Ended March 31, |
|
|
2025 |
|
2024 |
|
|
Installation |
|
Specialty Distribution |
|
Eliminations |
|
Total |
|
Installation |
|
Specialty
Distribution |
|
Eliminations |
|
Total |
Insulation and accessories |
|
$ |
596,284 |
|
$ |
500,765 |
|
$ |
(64,025) |
|
$ |
1,033,024 |
|
$ |
643,650 |
|
$ |
490,669 |
|
$ |
(57,509) |
|
$ |
1,076,810 |
Glass and windows |
|
|
59,516 |
|
|
- |
|
|
- |
|
|
59,516 |
|
|
58,117 |
|
|
- |
|
|
- |
|
|
58,117 |
Gutters |
|
|
24,895 |
|
|
43,435 |
|
|
(7,074) |
|
|
61,256 |
|
|
27,967 |
|
|
40,316 |
|
|
(7,309) |
|
|
60,974 |
All other |
|
|
64,838 |
|
|
15,604 |
|
|
(960) |
|
|
79,482 |
|
|
69,009 |
|
|
14,809 |
|
|
(1,002) |
|
|
82,816 |
Net sales |
|
$ |
745,533 |
|
$ |
559,804 |
|
$ |
(72,059) |
|
$ |
1,233,278 |
|
$ |
798,743 |
|
$ |
545,794 |
|
$ |
(65,820) |
|
$ |
1,278,717 |
|
| Schedule of contract assets and contract liabilities with customers |
The following table represents our contract assets and contract liabilities with customers, in thousands:
|
|
|
|
|
|
|
|
|
Included in Line Item on |
|
As of |
|
Condensed Consolidated |
|
March 31, |
|
December 31, |
|
Balance Sheets |
|
2025 |
|
2024 |
Contract Assets: |
|
|
|
|
|
|
|
Receivables, unbilled |
Receivables, net |
|
$ |
73,034 |
|
$ |
61,366 |
|
|
|
|
|
|
|
|
Contract Liabilities: |
|
|
|
|
|
|
|
Deferred revenue |
Accrued liabilities |
|
$ |
16,997 |
|
$ |
18,651 |
|