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, 2021

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,
	2021		2020		2021		2020

	Net Sales				Operating Profit (b)
Our operations by segment were (a):
Installation	$	532,753	$	475,873	$	73,636	$	60,351
Distribution		251,601		214,223		35,385		24,669
Intercompany eliminations		(41,556)		(36,868)		(6,528)		(5,833)
Total	$	742,798	$	653,228		102,493		79,187
General corporate expense, net (c)						(6,606)		(9,198)
Operating profit, as reported						95,887		69,989
Other expense, net						(20,388)		(8,503)
Income before income taxes					$	75,499	$	61,486

(a)	All of our operations are located in the U.S.

(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

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+ Details