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Revenue Revenue (Tables)
 3 Months Ended
Mar. 31, 2018
Revenue from Contract with Customer [Abstract]  
Impact of Adoption of Topic 606 [Table Text Block]
The following table reflects the cumulative impact of adoption of Topic 606. As the cumulative impact of adopting Topic 606 on the Company’s historical results of operations was less than $0.1 million, the Company did not record an adjustment to opening retained earnings as of January 1, 2018.
(in thousands)
December 31, 2017
 
Adoption of Topic 606
 
January 1, 2018
Accounts receivable, net of allowances
$
322,892

 
$
(8,884
)
 
$
314,008

Inventories, net
309,060

 
(3,128
)
 
305,932

Contract assets
—

 
38,557

 
38,557

Costs in excess of billings on uncompleted contracts
28,738

 
(28,738
)
 
—

Prepaid expenses and other current assets
57,949

 
3,128

 
61,077

Total assets
1,473,350

 
935

 
1,474,285

 
 
 
 
 
 
Accrued expenses and other liabilities
96,262

 
(6,967
)
 
89,295

Contract liabilities
—

 
26,330

 
26,330

Billings in excess of costs on uncompleted contracts
18,428

 
(18,428
)
 
—

Total liabilities
726,451

 
935

 
727,386

 
 
 
 
 
 
Total liabilities and stockholders' equity
$
1,473,350

 
$
935

 
$
1,474,285


The following table reflects the impact of adoption of Topic 606 on the Company’s financial position as of March 31, 2018.
(in thousands)
Balances without Adoption of Topic 606
 
Adjustments
 
As Reported
Accounts receivable, net of allowances
$
361,631

 
$
(7,882
)
 
$
353,749

Inventories, net
342,735

 
(3,968
)
 
338,767

Contract assets
—

 
36,613

 
36,613

Costs in excess of billings on uncompleted contracts
26,912

 
(26,912
)
 
—

Prepaid expenses and other current assets
51,087

 
3,968

 
55,055

Total assets
1,541,689

 
1,819

 
1,543,508

 
 
 
 
 
 
Accrued expenses and other liabilities
89,700

 
(6,648
)
 
83,052

Contract liabilities
—

 
29,089

 
29,089

Billings in excess of costs on uncompleted contracts
20,622

 
(20,622
)
 
—

Total liabilities
778,114

 
1,819

 
779,933

 
 
 
 
 
 
Total liabilities and stockholders' equity
$
1,541,689

 
$
1,819

 
$
1,543,508
Disaggregation of Revenue [Table Text Block]
The following table shows net sales classified by major product category for the three months ended March 31, 2018 and 2017:
 
Three Months Ended March 31,
(in thousands)
2018
 
2017
Structural components
$
135,829

 
$
109,891

Lumber & lumber sheet goods
288,086

 
244,436

Millwork, doors & windows
229,518

 
210,751

Other building products & services
180,769

 
192,622

Total net sales
$
834,202

 
$
757,700


The following table reflects the Company’s estimate of net sales by each customer type for the three months ended March 31, 2018 and 2017:
 
Three Months Ended March 31,
(in thousands)
2018
 
2017
Single-family homebuilders
$
637,308

 
$
559,589

Remodeling contractors
95,451

 
82,075

Multi-family, commercial & other contractors
101,443

 
116,036

Total net sales
$
834,202

 
$
757,700
Contract Assets and Liabilities [Table Text Block]
The following table reflects the Company’s contract balances as of March 31, 2018 and January 1, 2018, the date that the Company adopted Topic 606:
(in thousands)
March 31, 2018
 
January 1, 2018
 
Change
Receivables, including unbilled receivables presented in prepaid expenses and other current assets
$
360,696

 
$
321,418

 
$
39,278

Contract assets
36,613

 
38,557

 
(1,944
)
Contract liabilities
$
29,089

 
$
26,330

 
$
2,759