Segment and Geographical Information (Tables)

9 Months Ended

Oct. 01, 2022

The following table sets forth net sales, Adjusted segment EBITDA and a reconciliation to income before income taxes (in thousands):


	Successor		Predecessor
	Period from July 25, 2022 through October 1, 2022		Period from July 3, 2022 through July 24, 2022		Period from July 4, 2021 through October 2, 2021		Period from January 1, 2022 through July 24, 2022		Period from January 1, 2021 through October 2, 2021
Net sales:
Aperture Solutions	$	569,994	$	164,039	$	596,486	$	1,643,619	$	1,703,493
Surface Solutions	288,080		85,034		357,870		839,130		1,036,448
Shelter Solutions	416,809		116,372		490,049		1,253,335		1,371,617
Total net sales	$	1,274,883	$	365,445	$	1,444,405	$	3,736,084	$	4,111,558
Adjusted segment EBITDA:
Aperture Solutions	$	74,235	$	15,045	$	51,759	$	202,682	$	185,071
Surface Solutions	32,978		8,576		75,230		143,880		211,789
Shelter Solutions	70,736		21,219		89,550		209,156		210,474
Total Adjusted segment EBITDA	177,949		44,840		216,539		555,718		607,334
Corporate and Other	(74,654)		(39,216)		765,242		331,996		672,366
Depreciation and amortization	(56,260)		(18,289)		(71,055)		(166,177)		(216,956)
Interest expense	(65,813)		(11,401)		(43,731)		(101,078)		(147,688)
Foreign exchange gain (loss)	12,489		(454)		(1,270)		686		(1,067)
Gain (loss) on extinguishment of debt	—		24,801		—		28,354		(42,234)
Other income, net	172		114		408		101		1,378
Income (loss) before income taxes	$	(6,117)	$	395	$	866,133	$	649,600	$	873,133

The following table sets forth net sales disaggregated by reportable segment (in thousands):


	Successor		Predecessor
	Period from July 25, 2022 through October 1, 2022		Period from July 3, 2022 through July 24, 2022		Period from July 4, 2021 through October 2, 2021		Period from January 1, 2022 through July 24, 2022		Period from January 1, 2021 through October 2, 2021
Aperture Solutions Segment:
Vinyl windows(1)	$	538,447	$	153,296	$	562,097	$	1,542,525	$	1,607,704
Aluminum windows	17,772		4,135		22,420		55,078		64,336
Other	13,775		6,608		11,969		46,016		31,453
Total	$	569,994	$	164,039	$	596,486	$	1,643,619	$	1,703,493
Surface Solutions Segment:
Vinyl siding	$	139,459	$	43,318	$	182,019	$	415,534	$	508,121
Metal	64,855		19,112		70,667		185,097		221,260
Injection molded	12,405		3,650		19,131		41,841		58,420
Stone	20,933		4,947		23,025		51,904		66,659
Stone veneer installation and other	50,428		14,007		63,028		144,754		181,988
Total	$	288,080	$	85,034	$	357,870	$	839,130	$	1,036,448
Shelter Solutions Segment:
Metal building products(2)	$	416,809	$	116,372	$	395,869	$	1,140,259	$	1,014,663
Insulated metal panels(3)	—		—		32,934		—		208,220
Metal coil coating(4)	—		—		61,246		113,076		148,734
Total	$	416,809	$	116,372	$	490,049	$	1,253,335	$	1,371,617
Total net sales	$	1,274,883	$	365,445	$	1,444,405	$	3,736,084	$	4,111,558

(1)Includes the results of Prime Windows as of April 2021 and Cascade Windows as of August 2021.

(2)Includes the results of UCC as of December 2021. Excludes the results of the divested roll-up sheet doors business from August 2021.

(3)Excludes the results of the divested insulated metal panels business from August 2021.

(4)Excludes the results of the divested coil coatings business from June 2022.