Subsequent Events

12 Months Ended

Dec. 31, 2012

Subsequent Events

Subsequent Events

15. Subsequent Events

In January 2013, the Company received $0.7 million for repayment of the loan from an entity related to Keymark. See Note 12.

In February 2013, the Board authorized the Company to repurchase up to $50.0 million of the Company’s common stock. The authorization will remain in effect through the end of 2013.

In February 2013, the Company acquired certain assets relating to the TJ® ShearBrace (“ShearBrace”) product line of Weyerhaeuser NR Company, a Washington corporation, (“Weyerhaeuser”) for $5.3 million. The ShearBrace is a line of pre-fabricated shear walls, that will complement the Company’s Strong-Wall shear wall, and is sold throughout North America. This transaction will be recorded as a business combination in accordance with the business acquisition method. Because the transaction was so recent, the Company is in the process of evaluating the information required to determine the purchase price allocation.