Supplemental Financial Information (Tables)

9 Months Ended

Sep. 30, 2016

Condensed Financial Information of Parent Company Only Disclosure [Abstract]

Schedule Of Consolidating Statements Of Operations

GIBRALTAR INDUSTRIES, INC.

CONSOLIDATING STATEMENTS OF OPERATIONS

THREE MONTHS ENDED SEPTEMBER 30,2016

(in thousands)

	Gibraltar Industries, Inc.			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Total
Net sales	$	—		$	265,657		$	15,799		$	(8,722	)	$	272,734
Cost of sales	—			202,199			11,721			(9,073		)	204,847
Gross profit	—			63,458			4,078			351			67,887
Selling, general, and administrative expense	94			38,664			2,766			—			41,524
(Loss) income from operations	(94		)	24,794			1,312			351			26,363
Interest expense (income)	3,403			241			(19		)	—			3,625
Other expense (income)	230			(135		)	(95		)	—			—
(Loss) income before taxes	(3,727		)	24,688			1,426			351			22,738
(Benefit of) provision for income taxes	(1,416		)	10,804			(436		)	—			8,952
(Loss) income from continuing operations	(2,311		)	13,884			1,862			351			13,786
Equity in earnings from subsidiaries	15,746			1,862			—			(17,608		)	—
Net income	$	13,435		$	15,746		$	1,862		$	(17,257	)	$	13,786

GIBRALTAR INDUSTRIES, INC.

CONSOLIDATING STATEMENTS OF OPERATIONS

THREE MONTHS ENDED SEPTEMBER 30,2015

(in thousands)

	Gibraltar Industries, Inc.			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Total
Net sales	$	—		$	280,828		$	34,565		$	(10,399	)	$	304,994
Cost of sales	—			223,694			28,432			(8,528		)	243,598
Gross profit	—			57,134			6,133			(1,871		)	61,396
Selling, general, and administrative expense	30			33,392			4,580			—			38,002
(Loss) income from operations	(30		)	23,742			1,553			(1,871		)	23,394
Interest expense (income)	3,403			494			(19		)	—			3,878
Other expense (income)	16			(1,597		)	(199		)	—			(1,780		)
(Loss) income before taxes	(3,449		)	24,845			1,771			(1,871		)	21,296
(Benefit of) provision for income taxes	(1,210		)	8,514			360			—			7,664
(Loss) income from continuing operations	(2,239		)	16,331			1,411			(1,871		)	13,632
Equity in earnings from subsidiaries	17,742			1,411			—			(19,153		)	—
Net income	$	15,503		$	17,742		$	1,411		$	(21,024	)	$	13,632

GIBRALTAR INDUSTRIES, INC.

CONSOLIDATING STATEMENTS OF OPERATIONS

NINE MONTHS ENDED SEPTEMBER 30,2016

(in thousands)

	Gibraltar Industries, Inc.			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Total
Net sales	$	—		$	728,782		$	63,014		$	(15,653	)	$	776,143
Cost of sales	—			551,195			49,436			(15,368		)	585,263
Gross profit	—			177,587			13,578			(285		)	190,880
Selling, general, and administrative expense	14,268			100,101			4,131			—			118,500
(Loss) income from operations	(14,268		)	77,486			9,447			(285		)	72,380
Interest expense (income)	10,207			836			(61		)	—			10,982
Other expense (income)	8,717			(14		)	(863		)	—			7,840
(Loss) income before taxes	(33,192		)	76,664			10,371			(285		)	53,558
(Benefit of) provision for income taxes	(10,898		)	22,189			840			—			12,131
(Loss) income from continuing operations	(22,294		)	54,475			9,531			(285		)	41,427
Equity in earnings from subsidiaries	64,006			9,531			—			(73,537		)	—
Net income	$	41,712		$	64,006		$	9,531		$	(73,822	)	$	41,427

Schedule Of Consolidating Statements Of Comprehensive Income

IBRALTAR INDUSTRIES, INC.

CONSOLIDATING STATEMENTS OF COMPREHENSIVE INCOME

THREE MONTHS ENDED SEPTEMBER 30,2016

(in thousands)

	Gibraltar Industries, Inc.		Guarantor Subsidiaries		Non-Guarantor Subsidiaries			Eliminations			Total
Net income	$	13,435	$	15,746	$	1,862		$	(17,257	)	$	13,786
Other comprehensive income (loss):
Foreign currency translation adjustment	—		—		(193		)	—			(193		)
Adjustment to retirement benefit liability, net of tax	—		61		—			—			61
Adjustment to post-retirement health care liability, net of tax	—		38		—			—			38
Other comprehensive income (loss)	—		99		(193		)	—			(94		)
Total comprehensive income	$	13,435	$	15,845	$	1,669		$	(17,257	)	$	13,692

GIBRALTAR INDUSTRIES, INC.

CONSOLIDATING STATEMENTS OF COMPREHENSIVE INCOME

THREE MONTHS ENDED SEPTEMBER 30,2015

(in thousands)

	Gibraltar Industries, Inc.		Guarantor Subsidiaries		Non-Guarantor Subsidiaries			Eliminations			Total
Net income	$	15,503	$	17,742	$	1,411		$	(21,024	)	$	13,632
Other comprehensive income (loss):
Foreign currency translation adjustment	—		—		(3,005		)	—			(3,005		)
Adjustment to retirement benefit liability, net of tax	—		3		—			—			3
Adjustment to post-retirement health care liability, net of tax	—		36		—			—			36
Other comprehensive income (loss)	—		39		(3,005		)	—			(2,966		)
Total comprehensive income (loss)	$	15,503	$	17,781	$	(1,594	)	$	(21,024	)	$	10,666

Schedule Of Consolidating Balance Sheets

GIBRALTAR INDUSTRIES, INC.

CONSOLIDATING BALANCE SHEETS

SEPTEMBER 30,2016

(in thousands)

	Gibraltar Industries, Inc.		Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Total
Assets
Current assets:
Cash and cash equivalents	$	—	$	149,784		$	23,278		$	—		$	173,062
Accounts receivable, net	—		146,258			9,176			—			155,434
Intercompany balances	8,234		(2,212		)	(6,022		)	—			—
Inventories	—		87,296			5,482			—			92,778
Other current assets	12,808		(8,672		)	5,761			—			9,897
Total current assets	21,042		372,454			37,675			—			431,171
Property, plant, and equipment, net	—		100,968			5,347			—			106,315
Goodwill	—		270,017			24,841			—			294,858
Acquired intangibles	—		106,097			12,291			—			118,388
Other assets	—		4,100			—			—			4,100
Investment in subsidiaries	660,635		64,525			—			(725,160		)	—
	$	681,677	$	918,161		$	80,154		$	(725,160	)	$	954,832
Liabilities and Shareholders’ Equity
Current liabilities:
Accounts payable	$	—	$	84,040		$	3,455		$	—		$	87,495
Accrued expenses	4,116		55,455			3,540			—			63,111
Billings in excess of cost	—		21,758			4,268						26,026
Current maturities of long-term debt	—		400			—			—			400
Total current liabilities	4,116		161,653			11,263			—			177,032
Long-term debt	207,916		1,125			—			—			209,041
Deferred income taxes	—		39,000			4,366			—			43,366
Other non-current liabilities	—		55,748			—			—			55,748
Shareholders’ equity	469,645		660,635			64,525			(725,160		)	469,645
	$	681,677	$	918,161		$	80,154		$	(725,160	)	$	954,832

GIBRALTAR INDUSTRIES, INC.

CONSOLIDATING BALANCE SHEETS

DECEMBER 31, 2015

(in thousands)

	Gibraltar Industries, Inc.		Guarantor Subsidiaries		Non-Guarantor Subsidiaries			Eliminations			Total
Assets
Current assets:
Cash and cash equivalents	$	—	$	39,597	$	29,261		$	—		$	68,858
Accounts receivable, net	—		142,674		22,295			—			164,969
Intercompany balances	15,023		12,033		(27,056		)	—			—
Inventories	—		99,132		7,926			—			107,058
Other current assets	4,535		2,957		3,045			—			10,537
Total current assets	19,558		296,393		35,471			—			351,422
Property, plant, and equipment, net	—		106,413		12,519			—			118,932
Goodwill	—		270,017		22,373			—			292,390
Acquired intangibles	—		111,734		11,279			—			123,013
Other assets	—		4,015		—			—			4,015
Investment in subsidiaries	603,208		54,792		—			(658,000		)	—
	$	622,766	$	843,364	$	81,642		$	(658,000	)	$	889,772
Liabilities and Shareholders’ Equity
Current liabilities:
Accounts payable	$	—	$	81,551	$	7,653		$	—		$	89,204
Accrued expenses	5,127		55,363		7,115			—			67,605
Billings in excess of cost	—		20,548		7,638			—			28,186
Current maturities of long-term debt	—		400		—			—			400
Total current liabilities	5,127		157,862		22,406			—			185,395
Long-term debt	207,553		1,329		—			—			208,882
Deferred income taxes	—		38,763		3,891			—			42,654
Other non-current liabilities	—		42,202		553			—			42,755
Shareholders’ equity	410,086		603,208		54,792			(658,000		)	410,086
	$	622,766	$	843,364	$	81,642		$	(658,000	)	$	889,772

Schedule Of Condensed Consolidating Statements Of Cash Flows

GIBRALTAR INDUSTRIES, INC.

CONDENSED CONSOLIDATING STATEMENTS OF CASH FLOWS

NINE MONTHS ENDEDSEPTEMBER 30,2016

(in thousands)

	Gibraltar Industries, Inc.			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations		Total
Cash Flows from Operating Activities
Net cash (used in) provided by operating activities	$	(34,186	)	$	118,849		$	16,582		$	—	$	101,245
Cash Flows from Investing Activities
Cash paid for acquisitions	—			(2,314		)	—			—		(2,314		)
Net proceeds from sale of property and equipment	—			220			29			—		249
Purchases of property, plant, and equipment	—			(7,177		)	(423		)	—		(7,600		)
Net proceeds from sale of business	—			—			8,250			—		8,250
Other, net	—			1,118			—			—		1,118
Net cash (used in) provided by investing activities	—			(8,153		)	7,856			—		(297		)
Cash Flows from Financing Activities
Long-term debt payments	—			(400		)	—			—		(400		)
Payment of debt issuance costs	—			(54		)	—			—		(54		)
Purchase of treasury stock at market prices	(1,178		)	—			—			—		(1,178		)
Net proceeds from issuance of common stock	2,892			—			—			—		2,892
Intercompany financing	31,531			(55		)	(31,476		)	—		—
Excess tax benefit from stock compensation	941			—			—			—		941
Net cash provided by (used in) financing activities	34,186			(509		)	(31,476		)	—		2,201
Effect of exchange rate changes on cash	—			—			1,055			—		1,055
Net increase (decrease) in cash and cash equivalents	—			110,187			(5,983		)	—		104,204
Cash and cash equivalents at beginning of year	—			39,597			29,261			—		68,858
Cash and cash equivalents at end of period	$	—		$	149,784		$	23,278		$	—	$	173,062

GIBRALTAR INDUSTRIES, INC.

CONDENSED CONSOLIDATING STATEMENTS OF CASH FLOWS

NINE MONTHS ENDEDSEPTEMBER 30,2015

(in thousands)

	Gibraltar Industries, Inc.			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations		Total
Cash Flows from Operating Activities
Net cash (used in) provided by operating activities	$	(13,231	)	$	52,060		$	5,659		$	—	$	44,488
Cash Flows from Investing Activities
Purchases of property, plant, and equipment	—			(6,458		)	(364		)	—		(6,822		)
Cash paid for acquisitions	—			(113,828		)	(26,792		)	—		(140,620		)
Other, net	—			1,154			—			—		1,154
Net proceeds from sale of property and equipment	—			26,392			—			—		26,392
Net cash used in investing activities	—			(92,740		)	(27,156		)	—		(119,896		)
Cash Flows from Financing Activities
Long-term debt payments	—			(47,592		)	—			—		(47,592		)
Proceeds from long-term debt	—			58,192			—			—		58,192
Purchase of treasury stock at market prices	(568		)	—			—			—		(568		)
Net proceeds from issuance of common stock	237			—			—			—		237
Intercompany financing	13,562			(42,500		)	28,938			—		—
Net cash provided by (used in) financing activities	13,231			(31,900		)	28,938			—		10,269
Effect of exchange rate changes on cash	—			—			(2,140		)	—		(2,140		)
Net (decrease) increase in cash and cash equivalents	—			(72,580		)	5,301			—		(67,279		)
Cash and cash equivalents at beginning of year	—			91,466			19,144			—		110,610
Cash and cash equivalents at end of period	$	—		$	18,886		$	24,445		$	—	$	43,331