TopBuild Corp. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

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

Long-Term Debt - Other (Details)

v3.22.0.1

Long-Term Debt - Other (Details) - USD ($) $ in Thousands	12 Months Ended
Long-Term Debt - Other (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Oct. 07, 2021	Mar. 15, 2021	Mar. 08, 2021	Dec. 31, 2020
Debt covenants
Maximum Net Leverage Ratio	3.50
Minimum Interest Coverage Ratio	3.00
Senior Notes \| Event of Default Scenario
Debt covenants
Minimum percentage of principal of debt holders to declare debt immediately due and payable	30.00%
3.625% Senior Notes
Debt covenants
Interest rate (as a percent)	3.625%
3.625% Senior Notes \| Senior Notes
Debt covenants
Interest rate (as a percent)	3.625%		3.625%
Amendment No. 2 to Credit Agreement
Long-Term Debt
Revolving Facility		$ 300,000
Revolving Facility
Long-Term Debt
Revolving Facility	$ 500,000				$ 450,000
Less: standby letters of credit	(69,936)				(60,382)
Availability under Revolving Facility	430,064				$ 389,618
Revolving Facility \| Amendment No. 1 to Credit Agreement
Long-Term Debt
Revolving Facility				$ 450,000
Revolving Facility \| Amendment No. 2 to Credit Agreement
Long-Term Debt
Revolving Facility	$ 500,000	$ 500,000

- Definition

Represents the minimum interest coverage ratio allowed under the terms of the credit agreement's covenants.

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Represents the ratio of total debt (less certain cash) to consolidated adjusted earnings before, interest, taxes, depreciation and amortization allowed under the terms of the credit agreement's covenants.

+ References

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- Definition

The percentage of debtholders needed to declare outstanding principal and accrued interest, if any, immediately due and payable upon an event of default.

+ References

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- Definition

Contractual interest rate for funds borrowed, under the debt agreement.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 20
-Section 50
-Paragraph 1B
-Subparagraph (b)
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-Name Accounting Standards Codification
-Topic 210
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-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.22(a)(1))
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- 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.

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- Definition

The total amount of the contingent obligation under letters of credit outstanding as of the reporting date.

+ References

No definition available.

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- Definition

Amount of current borrowing capacity under the credit facility considering any current restrictions on the amount that could be borrowed (for example, borrowings may be limited by the amount of current assets), but without considering any amounts currently outstanding under the facility.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
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-URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682

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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.

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