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

Quarterly report pursuant to Section 13 or 15(d)

Segment Information

Segment Information

3 Months Ended

Mar. 31, 2024

Segment Information

Segment Information

7. SEGMENT INFORMATION

The following tables set forth our net sales and operating results by segment, in thousands:


	Three Months Ended March 31,
	2024		2023		2024		2023

	Net Sales				Operating Profit (b)
Operations by segment (a):
Installation	$	798,743	$	767,090	$	156,757	$	146,897
Specialty Distribution		545,794		558,375		77,579		73,333
Intercompany eliminations		(65,820)		(60,227)		(10,761)		(9,971)
Total	$	1,278,717	$	1,265,238		223,575		210,259
General corporate expense, net (c)						(9,067)		(10,828)
Operating profit, as reported						214,508		199,431
Other expense, net						(7,513)		(16,116)
Income before income taxes					$	206,995	$	183,315

(a)	All of our operations are located primarily in the U.S. and to a lesser extent Canada.

(b)	Segment operating profit includes an allocation of general corporate expenses attributable to the operating segments which is based on direct benefit or usage (such as salaries of corporate employees who directly support the segment).

(c)	General corporate expense, net includes expenses not specifically attributable to our segments for functions such as corporate human resources, finance, and legal, including salaries, benefits, and other related costs.

- Definition

The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
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Reference 2: http://www.xbrl.org/2003/role/disclosureRef
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Reference 3: http://www.xbrl.org/2003/role/disclosureRef
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+ Details