Revenue Recognition (Tables)

3 Months Ended

Mar. 31, 2022

Revenue from Contract with Customer [Abstract]

Summary of Revenues Disaggregated by End Market and Product

The following tables present our net revenues disaggregated by end market and product (in thousands):

	Three months ended March 31,
	2022				2021
Installation:
Residential new construction	$	442,404	75	%	$	327,244	75	%
Repair and remodel	32,641		6	%	28,289		6	%
Commercial	86,586		15	%	76,645		18	%
Net revenue, Installation	$	561,631	96	%	$	432,178	99	%
Other (1)	25,861		4	%	4,888		1	%
Net revenue, as reported	$	587,492	100	%	$	437,066	100	%

	Three months ended March 31,
	2022				2021
Installation:
Insulation	$	364,943	63	%	$	278,568	63	%
Waterproofing	29,022		5	%	29,949		7	%
Shower doors, shelving and mirrors	36,340		6	%	31,433		7	%
Garage doors	35,979		6	%	24,439		6	%
Rain gutters	23,546		4	%	19,003		4	%
Fireproofing/firestopping	15,922		3	%	12,435		3	%
Window blinds	13,058		2	%	11,534		3	%
Other building products	42,821		7	%	24,817		6	%
Net revenue, Installation	$	561,631	96	%	$	432,178	99	%
Other (1)	25,861		4	%	4,888		1	%
Net revenue, as reported	$	587,492	100	%	$	437,066	100	%

(1) Net revenue for manufacturing operations are included in the Other category for all periods presented to conform with our change in composition of operating segments.

Summary of Assets and Liabilities Related to Uncompleted Contracts and Customer Deposits

Contract assets and liabilities related to our uncompleted contracts and customer deposits were as follows (in thousands):

	March 31, 2022		December 31, 2021
Contract assets	$	40,160	$	32,679
Contract liabilities	(14,756)		(14,153)

Schedule of Cost and Estimated Earnings on Uncompleted Contracts

Uncompleted contracts were as follows (in thousands):

	March 31, 2022		December 31, 2021
Costs incurred on uncompleted contracts	$	222,594	$	206,050
Estimated earnings	103,461		106,163
Total	326,055		312,213
Less: Billings to date	292,445		285,978
Net under billings	$	33,610	$	26,235

Schedule of Net Under Billings

Net under billings were as follows (in thousands):

	March 31, 2022		December 31, 2021
Costs and estimated earnings in excess of billings on uncompleted contracts (contract assets)	$	40,160	$	32,679
Billings in excess of costs and estimated earnings on uncompleted contracts (contract liabilities)	(6,550)		(6,444)
Net under billings	$	33,610	$	26,235