Segment Information (Tables)

9 Months Ended

Sep. 30, 2018

Segment Reporting [Abstract]

Details of Segment Information

The below segment data for the three and nine months ended September 30, 2018, includes data for Trex Residential Products and Trex Commercial Product and for the three and nine months ended September 30, 2017, includes data for Trex Residential Products and data for Trex Commercial Products from the date of the acquisition of SC Company through September 30, 2017 (in thousands):

	Three Months Ended September 30, 2018
	Residential		Commercial		Total
Net sales	$	146,998	$	19,382	$	166,380
Net income	$	27,755	$	1,716	$	29,471
EBITDA	$	40,067	$	2,780	$	42,847
Depreciation and amortization	$	3,275	$	494	$	3,769
Income tax expense	$	9,259	$	570	$	9,829
Capital expenditures	$	3,693	$	221	$	3,914
Total assets	$	352,014	$	82,895	$	434,909

	Nine Months Ended September 30, 2018
	Residential		Commercial		Total
Net sales	$	491,399	$	52,880	$	544,279
Net income	$	107,449	$	1,952	$	109,401
EBITDA	$	151,839	$	5,663	$	157,502
Depreciation and amortization	$	10,004	$	3,063	$	13,067
Income tax expense	$	34,009	$	648	$	34,657
Capital expenditures	$	14,274	$	1,050	$	15,324
Total assets	$	352,014	$	82,895	$	434,909

	Three Months Ended September 30, 2017
	Residential		Commercial			Total
Net sales	$	131,043	$	9,151		$	140,194
Net income (loss)	$	20,173	$	(75	)	$	20,098
EBITDA	$	34,079	$	806		$	34,885
Depreciation and amortization	$	3,639	$	881		$	4,520
Income tax expense	$	10,208	$	—		$	10,208
Capital expenditures	$	3,943	$	40		$	3,983
Total assets	$	232,663	$	78,533		$	311,196

	Nine Months Ended September 30, 2017
	Residential		Commercial			Total
Net sales	$	433,790	$	9,151		$	442,941
Net income (loss)	$	76,904	$	(75	)	$	76,829
EBITDA	$	128,221	$	806		$	129,027
Depreciation and amortization	$	11,087	$	881		$	11,968
Income tax expense	$	39,715	$	—		$	39,715
Capital expenditures	$	11,068	$	40		$	11,108
Total assets	$	232,663	$	78,533		$	311,196

 

Schedule of Reconciliation of Net Income to EBITDA

Reconciliation of net income to EBITDA (in thousands):

	Three Months Ended September 30, 2018
	Residential			Commercial		Total
Net income	$	27,755		$	1,716	$	29,471
Interest, net		(222	)		—		(222	)
Taxes		9,259			570		9,829
Depreciation and amortization		3,275			494		3,769
EBITDA	$	40,067		$	2,780	$	42,847

	Nine Months Ended September 30, 2018
	Residential		Commercial		Total
Net income	$	107,449	$	1,952	$	109,401
Interest, net		377		—		377
Taxes		34,009		648		34,657
Depreciation and amortization		10,004		3,063		13,067
EBITDA	$	151,839	$	5,663	$	157,502

	Three Months Ended September 30, 2017
	Residential		Commercial			Total
Net income (loss)	$	20,173	$	(75	)	$	20,098
Interest, net		59		—			59
Taxes		10,208		—			10,208
Depreciation and amortization		3,639		881			4,520
EBITDA	$	34,079	$	806		$	34,885

	Nine Months Ended September 30, 2017
	Residential		Commercial			Total
Net income (loss)	$	76,904	$	(75	)	$	76,829
Interest, net		515		—			515
Taxes		39,715		—			39,715
Depreciation and amortization		11,087		881			11,968
EBITDA	$	128,221	$	806		$	129,027