Segment Information (Tables)

9 Months Ended

Sep. 30, 2022

Segment Reporting [Abstract]

Details of Segment Information

The below segment data for the three months and nine months ended September 30, 2022 and September 30, 2021 includes data for Trex Residential and Trex Commercial (in thousands):

Segment Data:

	Three Months Ended September 30, 2022							Three Months Ended September 30, 2021
	Trex Residential		Trex Commercial			Total		Trex Residential		Trex Commercial		Total
Net sales	$	177,776	$	10,696		$	188,472	$	319,207	$	16,665	$	335,872
Net income (loss)	$	15,287	$	(864	)	$	14,423	$	72,603	$	1,192	$	73,795
EBITDA	$	31,692	$	(876	)	$	30,816	$	106,135	$	1,862	$	107,997
Depreciation and amortization	$	11,194	$	271		$	11,465	$	9,643	$	258	$	9,901
Income tax expense (benefit)	$	5,211	$	(283	)	$	4,928	$	23,899	$	412	$	24,311
Capital expenditures	$	41,403	$	154		$	41,557	$	29,554	$	66	$	29,620
Total assets	$	802,926	$	38,972		$	841,898	$	858,330	$	95,121	$	953,451

Segment Data:

	Nine Months Ended September 30, 2022						Nine Months Ended September 30, 2021
	Trex Residential		Trex Commercial		Total		Trex Residential		Trex Commercial		Total
Net sales	$	878,892	$	35,058	$	913,950	$	850,909	$	42,082	$	892,991
Net income (loss)	$	176,939	$	(2,390)	$	174,549	$	182,437	$	1,268	$	183,705
EBITDA	$	267,725	$	(2,344)	$	265,381	$	268,107	$	2,437	$	270,544
Depreciation and amortization	$	32,435	$	835	$	33,270	$	24,873	$	731	$	25,604
Income tax expense (benefit)	$	58,454	$	(789)	$	57,665	$	60,797	$	438	$	61,235
Capital expenditures	$	107,937	$	226	$	108,163	$	122,631	$	1,820	$	124,451
Total assets	$	802,926	$	38,972	$	841,898	$	858,330	$	95,121	$	953,451

Schedule of Reconciliation of Net Income to EBITDA

Reconciliation of Net Income to EBITDA:

	Three Months Ended September 30, 2022						Three Months Ended September 30, 2021
	Trex Residential		Trex Commercial		Total		Trex Residential		Trex Commercial		Total
Net income (loss)	$	15,287	$	(864)	$	14,423	$	72,603	$	1,192	$	73,795
Interest income, net		—		—		—		(10)		—		(10)
Income tax expense (benefit)		5,211		(283)		4,928		23,899		412		24,311
Depreciation and amortization		11,194		271		11,465		9,643		258		9,901
EBITDA	$	31,692	$	(876)	$	30,816	$	106,135	$	1,862	$	107,997

Reconciliation of Net Income to EBITDA:

	Nine Months Ended September 30, 2022						Nine Months Ended September 30, 2021
	Trex Residential		Trex Commercial		Total		Trex Residential		Trex Commercial		Total
Net income (loss)	$	176,939	$	(2,390)	$	174,549	$	182,437	$	1,268	$	183,705
Interest income, net		(103)		—		(103)		—		—		—
Income tax expense (benefit)		58,454		(789)		57,665		60,797		438		61,235
Depreciation and amortization		32,435		835		33,270		24,873		731		25,604
EBITDA	$	267,725	$	(2,344)	$	265,381	$	268,107	$	2,437	$	270,544