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

Quarterly report pursuant to Section 13 or 15(d)

Segment Information (Tables)

Segment Information (Tables)

9 Months Ended

Sep. 30, 2015

Information about us by segment is as follows, in thousands:


	Three Months Ended September 30,								Nine Months Ended September 30,
	2015		2014		2015		2014		2015		2014		2015		2014

	Net Sales				Operating Profit				Net Sales				Operating Profit
Our operations by segment were:
Installation	$	279,810	$	257,310	$	20,670	$	11,890	$	778,470	$	711,710	$	26,710	$	11,990
Distribution		170,880		162,120		16,910		15,010		476,330		460,340		40,180		36,730
Intercompany eliminations and other adjustments (A)		(22,800)		(21,780)		(2,990)		(6,860)		(64,690)		(58,030)		(8,340)		(15,550)
Total	$	427,890	$	397,650	$	34,590	$	20,040	$	1,190,110	$	1,114,020	$	58,550	$	33,170
General corporate expense, net						(4,400)		(6,260)						(18,010)		(17,040)
Operating profit, as reported						30,190		13,780						40,540		16,130
Other expense, net						(1,560)		(3,090)						(7,880)		(9,280)
Income from continuing operations before income taxes					$	28,630	$	10,690					$	32,660	$	6,850

Intercompany eliminations include the elimination of intercompany profit of $4.2 million and $4.0 million for the three months ended September 30, 2015 and 2014, respectively. Intercompany eliminations were $11.6 million and $10.3 million for the nine months ended September 30, 2015 and 2014, respectively. Other adjustments primarily include segment specific expenses managed at the corporate level but attributable to segment operations, as well as corporate expenses which were allocated to the segment based on direct benefit or usage. During the three months ended September 30, 2015 and 2014, other adjustments were $(1.2) million and $2.9 million, respectively. During the nine months ended September 30, 2015 and 2014, other adjustments were $(3.2) million and $5.3 million, respectively.