Supplemental Financial Information (Tables)

12 Months Ended

Dec. 31, 2016

Condensed Financial Information of Parent Company Only Disclosure [Abstract]

Consolidating Statements of Operations

GIBRALTAR INDUSTRIES, INC.

CONSOLIDATING STATEMENTS OF OPERATIONS

YEAR ENDED DECEMBER 31, 2015

(in thousands)

	Gibraltar Industries, Inc.			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Total
Net sales	$	—		$	960,614		$	109,984		$	(29,725	)	$	1,040,873
Cost of sales	—			785,085			94,949			(26,137		)	853,897
Gross profit	—			175,529			15,035			(3,588		)	186,976
Selling, general, and administrative expense	133			116,529			17,366			—			134,028
Intangible asset impairment	—			4,863			—			—			4,863
(Loss) income from operations	(133		)	54,137			(2,331		)	(3,588		)	48,085
Interest expense (income)	13,609			1,469			(75		)	—			15,003
Other expense (income)	50			(3,801		)	(267		)	—			(4,018		)
(Loss) income before taxes	(13,792		)	56,469			(1,989		)	(3,588		)	37,100
(Benefit of) provision for income taxes	(4,427		)	18,827			(776		)	—			13,624
(Loss) income from continuing operations	(9,365		)	37,642			(1,213		)	(3,588		)	23,476
Discontinued operations:
Loss before taxes	—			(44		)	—			—			(44		)
Benefit of income taxes	—			(16		)	—			—			(16		)
Loss from discontinued operations	—			(28		)	—			—			(28		)
Equity in earnings from subsidiaries	36,401			(1,213		)	—			(35,188		)	—
Net income (loss)	$	27,036		$	36,401		$	(1,213	)	$	(38,776	)	$	23,448

GIBRALTAR INDUSTRIES, INC.

CONSOLIDATING STATEMENTS OF OPERATIONS

YEAR ENDED DECEMBER 31, 2014

(in thousands)

Consolidated Statements of Comprehensive Income

GIBRALTAR INDUSTRIES, INC.

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME

YEAR ENDED DECEMBER 31, 2016

(in thousands)

	Gibraltar Industries, Inc.		Guarantor Subsidiaries		Non-Guarantor Subsidiaries		Eliminations			Total
Net income	$	32,998	$	57,857	$	3,699	$	(60,879	)	$	33,675
Other comprehensive income:
Foreign currency translation adjustment	—		—		6,945		—			6,945
Adjustment to retirement benefit liability, net of tax	—		55		—		—			55
Adjustment to post-retirement healthcare benefit liability, net of tax	—		695		—		—			695
Other comprehensive income	—		750		6,945		—			7,695
Total comprehensive income	$	32,998	$	58,607	$	10,644	$	(60,879	)	$	41,370

GIBRALTAR INDUSTRIES, INC.

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS)

YEAR ENDED DECEMBER 31, 2015

(in thousands)

	Gibraltar Industries, Inc.		Guarantor Subsidiaries		Non-Guarantor Subsidiaries			Eliminations			Total
Net income (loss)	$	27,036	$	36,401	$	(1,213	)	$	(38,776	)	$	23,448
Other comprehensive (loss) income:
Foreign currency translation adjustment	—		—		(6,228		)	—			(6,228		)
Unrealized loss on cash flow hedges, net of tax	—		143		—			—			143
Adjustment to retirement benefit liability, net of tax	—		34		15			—			49
Adjustment to post-retirement healthcare benefit liability, net of tax	—		171		—			—			171
Other comprehensive (loss) income	—		348		(6,213		)	—			(5,865		)
Total comprehensive income (loss)	$	27,036	$	36,749	$	(7,426	)	$	(38,776	)	$	17,583

GIBRALTAR INDUSTRIES, INC.

CONSOLIDATED STATEMENTS OF COMPREHENSIVE LOSS

YEAR ENDED DECEMBER 31, 2014

(in thousands)

	Gibraltar Industries, Inc.			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations		Total
Net (loss) income	$	(80,650	)	$	(71,191	)	$	2,929		$	67,088	$	(81,824	)
Other comprehensive (loss) income:
Foreign currency translation adjustment	—			—			(4,364		)	—		(4,364		)
Adjustment to retirement benefit liability, net of tax	—			3			(27		)	—		(24		)
Adjustment to post-retirement healthcare benefit liability, net of tax	—			(1,435		)	—			—		(1,435		)
Unrealized loss on cash flow hedges, net of tax	—			(143		)	—			—		(143		)
Other comprehensive loss	—			(1,575		)	(4,391		)	—		(5,966		)
Total comprehensive loss	$	(80,650	)	$	(72,766	)	$	(1,462	)	$	67,088	$	(87,790	)

Consolidating Balance Sheets

GIBRALTAR INDUSTRIES, INC.

CONSOLIDATING BALANCE SHEETS

DECEMBER 31, 2016

(in thousands)

	Gibraltar Industries, Inc.			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Total
Assets
Current assets:
Cash and cash equivalents	$	—		$	143,826		$	26,351		$	—		$	170,177
Accounts receivable, net	—			117,526			6,546			—			124,072
Intercompany balances	(615		)	6,152			(5,537		)	—			—
Inventories	—			85,483			4,129			—			89,612
Other current assets	13,783			(10,070		)	3,623			—			7,336
Total current assets	13,168			342,917			35,112			—			391,197
Property, plant, and equipment, net	—			104,642			3,662			—			108,304
Goodwill	—			282,300			21,732			—			304,032
Acquired intangibles	—			101,520			9,270			—			110,790
Other assets	—			3,922			—			—			3,922
Investment in subsidiaries	663,118			58,477			—			(721,595		)	—
	$	676,286		$	893,778		$	69,776		$	(721,595	)	$	918,245
Liabilities and Shareholders’ Equity
Current liabilities:
Accounts payable	$	—		$	66,363		$	3,581		$	—		$	69,944
Accrued expenses	7,369			60,004			3,019			—			70,392
Billings in excess of cost	—			9,301			2,051			—			11,352
Current maturities of long-term debt	—			400			—			—			400
Total current liabilities	7,369			136,068			8,651			—			152,088
Long-term debt	208,037			1,200			—			—			209,237
Deferred income taxes	—			35,354			2,648			—			38,002
Other non-current liabilities	—			58,038			—			—			58,038
Shareholders’ equity	460,880			663,118			58,477			(721,595		)	460,880
	$	676,286		$	893,778		$	69,776		$	(721,595	)	$	918,245

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

Condensed Consolidating Statements of Cash Flows

GIBRALTAR INDUSTRIES, INC.

CONDENSED CONSOLIDATING STATEMENTS OF CASH FLOWS

DECEMBER 31, 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	$	(34,243	)	$	139,641		$	17,340		$	—	$	122,738
Cash Flows from Investing Activities
Purchases of property, plant, and equipment	—			(10,321		)	(458		)	—		(10,779		)
Acquisitions, net of cash acquired	—			(23,412		)	—			—		(23,412		)
Net proceeds from sale of property and equipment	—			230			723			—		953
Net proceeds from sale of business	—			—			8,250			—		8,250
Other, net	—			1,118			—			—		1,118
Net cash (used in) provided by investing activities	—			(32,385		)	8,515			—		(23,870		)
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	(1,539		)	—			—			—		(1,539		)
Intercompany financing	31,192			(2,573		)	(28,619		)	—		—
Excess tax benefit from stock compensation	1,249			—			—			—		1,249
Net proceeds from issuance of common stock	3,341			—			—			—		3,341
Net cash provided by (used in) financing activities	34,243			(3,027		)	(28,619		)	—		2,597
Effect of exchange rate changes on cash	—			—			(146		)	—		(146		)
Net increase (decrease) in cash and cash equivalents	—			104,229			(2,910		)	—		101,319
Cash and cash equivalents at beginning of year	—			39,597			29,261			—		68,858
Cash and cash equivalents at end of year	$	—		$	143,826		$	26,351		$	—	$	170,177

GIBRALTAR INDUSTRIES, INC.

CONDENSED CONSOLIDATING STATEMENTS OF CASH FLOWS

DECEMBER 31, 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	$	(13,309	)	$	94,440		$	5,553		$	—	$	86,684
Cash Flows from Investing Activities
Purchases of property, plant, and equipment	—			(11,754		)	(619		)	—		(12,373		)
Cash paid for acquisitions, net of cash acquired	—			(114,145		)	(26,476		)	—		(140,621		)
Net proceeds from sale of property and equipment	—			26,500			—			—		26,500
Other, net	—			1,154			—			—		1,154
Net cash used in investing activities	—			(98,245		)	(27,095		)	—		(125,340		)
Cash Flows from Financing Activities
Long-term debt payments	—			(73,642		)	—			—		(73,642		)
Proceeds from long-term debt	—			73,242			—			—		73,242
Payment of debt issuance costs	—			(1,166		)	—			—		(1,166		)
Purchase of treasury stock at market prices	(956		)	—			—			—		(956		)
Intercompany financing	11,927			(46,498		)	34,571			—		—
Excess tax benefit from stock compensation	537			—			—			—		537
Net proceeds from issuance of common stock	1,801			—			—			—		1,801
Net cash provided by (used in) financing activities	13,309			(48,064		)	34,571			—		(184		)
Effect of exchange rate changes on cash	—			—			(2,912		)	—		(2,912		)
Net (decrease) increase in cash and cash equivalents	—			(51,869		)	10,117			—		(41,752		)
Cash and cash equivalents at beginning of year	—			91,466			19,144			—		110,610
Cash and cash equivalents at end of year	$	—		$	39,597		$	29,261		$	—	$	68,858

GIBRALTAR INDUSTRIES, INC.

CONDENSED CONSOLIDATING STATEMENTS OF CASH FLOWS

DECEMBER 31, 2014

(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 of continuing operations	$	(13,437	)	$	40,820		$	5,200		$	—	$	32,583
Net cash used in operating activities of discontinued operations	—			(41		)	—			—		(41		)
Net cash (used in) provided by operating activities	(13,437		)	40,779			5,200			—		32,542
Cash Flows from Investing Activities
Other investing activities	—			277			—			—		277
Purchases of property, plant, and equipment	—			(19,286		)	(4,005		)	—		(23,291		)
Net proceeds from sale of property and equipment	—			5,989			3			—		5,992
Net cash used in investing activities	—			(13,020		)	(4,002		)	—		(17,022		)
Cash Flows from Financing Activities
Long-term debt payments	—			(407		)	—			—		(407		)
Payment of debt issuance costs	—			(35		)	—			—		(35		)
Purchase of treasury stock at market prices	(575		)	—			—			—		(575		)
Intercompany financing	13,317			(11,707		)	(1,610		)	—		—
Tax benefit from equity compensation	100			—			—			—		100
Net proceeds from issuance of common stock	595			—			—			—		595
Net cash provided by (used in) financing activities	13,437			(12,149		)	(1,610		)	—		(322		)
Effect of exchange rate changes on cash	—			—			(1,627		)	—		(1,627		)
Net increase (decrease) in cash and cash equivalents	—			15,610			(2,039		)	—		13,571
Cash and cash equivalents at beginning of year	—			75,856			21,183			—		97,039
Cash and cash equivalents at end of year	$	—		$	91,466		$	19,144		$	—	$	110,610