| Schedule of revenues disaggregated by market and product |
The following tables present our revenues disaggregated by market (in thousands):
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Three Months Ended March 31, |
|
|
2024 |
|
2023 |
|
|
Installation |
|
Specialty
Distribution |
|
Eliminations |
|
Total |
|
Installation |
|
Specialty
Distribution |
|
Eliminations |
|
Total |
Residential |
|
$ |
674,436 |
|
$ |
216,397 |
|
$ |
(55,990) |
|
$ |
834,843 |
|
$ |
645,703 |
|
$ |
224,326 |
|
$ |
(51,390) |
|
$ |
818,639 |
Commercial/Industrial |
|
|
124,307 |
|
|
329,397 |
|
|
(9,830) |
|
|
443,874 |
|
|
121,387 |
|
|
334,049 |
|
|
(8,837) |
|
|
446,599 |
Net sales |
|
$ |
798,743 |
|
$ |
545,794 |
|
$ |
(65,820) |
|
$ |
1,278,717 |
|
$ |
767,090 |
|
$ |
558,375 |
|
$ |
(60,227) |
|
$ |
1,265,238 |
The following tables present our revenues disaggregated by product (in thousands):
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Three Months Ended March 31, |
|
|
2024 |
|
2023 |
|
|
Installation |
|
Specialty
Distribution |
|
Eliminations |
|
Total |
|
Installation |
|
Specialty
Distribution |
|
Eliminations |
|
Total |
Insulation and accessories |
|
$ |
643,650 |
|
$ |
490,669 |
|
$ |
(57,509) |
|
$ |
1,076,810 |
|
$ |
600,767 |
|
$ |
502,802 |
|
$ |
(51,973) |
|
$ |
1,051,596 |
Glass and windows |
|
|
58,117 |
|
|
- |
|
|
- |
|
|
58,117 |
|
|
63,442 |
|
|
- |
|
|
- |
|
|
63,442 |
Gutters |
|
|
27,967 |
|
|
40,316 |
|
|
(7,309) |
|
|
60,974 |
|
|
28,278 |
|
|
39,842 |
|
|
(7,165) |
|
|
60,955 |
All other |
|
|
69,009 |
|
|
14,809 |
|
|
(1,002) |
|
|
82,816 |
|
|
74,603 |
|
|
15,731 |
|
|
(1,089) |
|
|
89,245 |
Net sales |
|
$ |
798,743 |
|
$ |
545,794 |
|
$ |
(65,820) |
|
$ |
1,278,717 |
|
$ |
767,090 |
|
$ |
558,375 |
|
$ |
(60,227) |
|
$ |
1,265,238 |
|
| 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 |
|
|
|
March 31, |
|
December 31, |
|
Condensed Consolidated Balance Sheets |
|
2024 |
|
2023 |
Contract Assets: |
|
|
|
|
|
|
|
Receivables, unbilled |
Receivables, net |
|
$ |
70,591 |
|
$ |
64,882 |
|
|
|
|
|
|
|
|
Contract Liabilities: |
|
|
|
|
|
|
|
Deferred revenue |
Accrued liabilities |
|
$ |
15,716 |
|
$ |
18,365 |
|