Segment Information (Tables)

9 Months Ended

Sep. 30, 2021

Segment Reporting [Abstract]

Details of Segment Information

The below segment data for the three months and nine months ended September 30, 2021 and September 30, 2020 includes data for Trex Residential and Trex Commercial (in thousands):

Segment Data:

	Three Months Ended September 30, 2021						Three Months Ended September 30, 2020
	Trex Residential		Trex Commercial		Total		Trex Residential		Trex Commercial		Total
Net sales	$	319,207	$	16,665	$	335,872	$	218,435	$	13,067	$	231,502
Net income	$	72,603	$	1,192	$	73,795	$	42,225	$	485	$	42,710
EBITDA	$	106,135	$	1,862	$	107,997	$	60,619	$	853	$	61,472
Depreciation and amortization	$	9,643	$	258	$	9,901	$	4,326	$	209	$	4,535
Income tax expense	$	23,899	$	412	$	24,311	$	14,276	$	159	$	14,435
Capital expenditures	$	29,554	$	66	$	29,620	$	36,887	$	197	$	37,084
Total assets	$	858,330	$	95,121	$	953,451	$	624,904	$	93,331	$	718,235

Segment Data:

	Nine Months Ended September 30, 2021						Nine Months Ended September 30, 2020
	Trex Residential		Trex Commercial		Total		Trex Residential		Trex Commercial		Total
Net sales	$	850,909	$	42,082	$	892,991	$	614,187	$	38,358	$	652,545
Net income	$	182,437	$	1,268	$	183,705	$	129,157	$	3,174	$	132,331
EBITDA	$	268,107	$	2,437	$	270,544	$	183,064	$	4,854	$	187,918
Depreciation and amortization	$	24,873	$	731	$	25,604	$	11,855	$	595	$	12,450
Income tax expense	$	60,797	$	438	$	61,235	$	42,853	$	1,085	$	43,938
Capital expenditures	$	122,631	$	1,820	$	124,451	$	98,913	$	783	$	99,696
Total assets	$	858,330	$	95,121	$	953,451	$	624,904	$	93,331	$	718,235

Schedule of Reconciliation of Net Income to EBITDA

Reconciliation of Net Income to EBITDA:

	Three Months Ended September 30, 2021								Three Months Ended September 30, 2020
	Trex Residential			Trex Commercial		Total			Trex Residential			Trex Commercial		Total
Net income	$	72,603		$	1,192	$	73,795		$	42,225		$	485	$	42,710
Interest income, net		(10	)		—		(10	)		(208	)		—		(208	)
Income tax expense		23,899			412		24,311			14,276			159		14,435
Depreciation and amortization		9,643			258		9,901			4,326			209		4,535
EBITDA	$	106,135		$	1,862	$	107,997		$	60,619		$	853	$	61,472

Reconciliation of Net Income to EBITDA:

	Nine Months Ended September 30, 2021						Nine Months Ended September 30, 2020
	Trex Residential		Trex Commercial		Total		Trex Residential			Trex Commercial		Total
Net income	$	182,437	$	1,268	$	183,705	$	129,157		$	3,174	$	132,331
Interest income, net		—		—		—		(801	)		—		(801	)
Income tax expense		60,797		438		61,235		42,853			1,085		43,938
Depreciation and amortization		24,873		731		25,604		11,855			595		12,450
EBITDA	$	268,107	$	2,437	$	270,544	$	183,064		$	4,854	$	187,918