Segment Information (Tables)

9 Months Ended

Sep. 30, 2020

Segment Reporting [Abstract]

Details of Segment Information

The below segment data for the three and nine months ended September 30, 2020 and 2019 includes data for Trex Residential and Trex Commercial (in thousands):

Segment Data:

	Three Months Ended September 30, 2020						Three Months Ended September 30, 2019
	Trex Residential		Trex Commercial		Total		Trex Residential		Trex Commercial		Total
Net sales	$	218,435	$	13,067	$	231,502	$	182,775	$	11,776	$	194,551
Net income	$	42,225	$	485	$	42,710	$	41,381	$	595	$	41,976
EBITDA	$	60,619	$	853	$	61,472	$	57,639	$	970	$	58,609
Depreciation and amortization	$	4,326	$	209	$	4,535	$	3,422	$	165	$	3,587
Income tax expense	$	14,276	$	159	$	14,435	$	13,580	$	210	$	13,790
Capital expenditures	$	36,887	$	197	$	37,084	$	17,766	$	99	$	17,865
Total assets	$	624,904	$	93,331	$	718,235	$	482,825	$	87,945	$	570,770

Segment Data:

	Nine Months Ended September 30, 2020						Nine Months Ended September 30, 2019
	Trex Residential		Trex Commercial		Total		Trex Residential		Trex Commercial		Total
Net sales	$	614,187	$	38,358	$	652,545	$	541,722	$	38,853	$	580,575
Net income	$	129,157	$	3,174	$	132,331	$	107,859	$	1,382	$	109,241
EBITDA	$	183,064	$	4,854	$	187,918	$	150,058	$	2,282	$	152,340
Depreciation and amortization	$	11,855	$	595	$	12,450	$	9,947	$	433	$	10,380
Income tax expense	$	42,853	$	1,085	$	43,938	$	33,046	$	474	$	33,520
Capital expenditures	$	98,913	$	783	$	99,696	$	35,584	$	1,342	$	36,926
Total assets	$	624,904	$	93,331	$	718,235	$	482,825	$	87,945	$	570,770

Schedule of Reconciliation of Net Income to EBITDA

Reconciliation of Net Income to EBITDA:

	Three Months Ended September 30, 2020								Three Months Ended September 30, 2019
	Trex Residential			Trex Commercial		Total			Trex Residential			Trex Commercial		Total
Net income	$	42,225		$	485	$	42,710		$	41,381		$	595	$	41,976
Interest income, net		(208	)		—		(208	)		(744	)		—		(744	)
Income tax expense		14,276			159		14,435			13,580			210		13,790
Depreciation and amortization		4,326			209		4,535			3,422			165		3,587
EBITDA	$	60,619		$	853	$	61,472		$	57,639		$	970	$	58,609

Reconciliation of Net Income to EBITDA:

	Nine Months Ended September 30, 2020								Nine Months Ended September 30, 2019
	Trex Residential			Trex Commercial		Total			Trex Residential			Trex Commercial			Total
Net income	$	129,157		$	3,174	$	132,331		$	107,859		$	1,382		$	109,241
Interest income, net		(801	)		—		(801	)		(794	)		(7	)		(801	)
Income tax expense		42,853			1,085		43,938			33,046			474			33,520
Depreciation and amortization		11,855			595		12,450			9,947			433			10,380
EBITDA	$	183,064		$	4,854	$	187,918		$	150,058		$	2,282		$	152,340