XML 18 R1.htm IDEA: XBRL DOCUMENT v3.25.2
Cover - USD ($)
$ in Millions
12 Months Ended
Apr. 30, 2025
May 31, 2025
Oct. 31, 2024
Cover [Abstract]      
Document Type 10-K/A    
Document Annual Report true    
Document Period End Date Apr. 30, 2025    
Document Transition Report false    
Entity File Number 001-37784    
Entity Registrant Name GMS INC.    
Entity Incorporation, State or Country Code DE    
Entity Tax Identification Number 46-2931287    
Entity Address, Address Line One 115 Perimeter Center Place    
Entity Address, Address Line Two Suite 600    
Entity Address, City or Town Atlanta    
Entity Address, State or Province GA    
Entity Address, Postal Zip Code 30346    
City Area Code (800)    
Local Phone Number 392-4619    
Title of 12(b) Security Common Stock, par value $0.01 per share    
Trading Symbol GMS    
Security Exchange Name NYSE    
Entity Well-known Seasoned Issuer Yes    
Entity Voluntary Filers No    
Entity Current Reporting Status Yes    
Entity Interactive Data Current Yes    
Entity Filer Category Large Accelerated Filer    
Entity Small Business false    
Entity Emerging Growth Company false    
ICFR Auditor Attestation Flag true    
Document Financial Statement Error Correction [Flag] false    
Entity Shell Company false    
Entity Public Float     $ 3,471.3
Entity Common Stock, Shares Outstanding   38,059,080  
Entity Central Index Key 0001600438    
Current Fiscal Year End Date --04-30    
Document Fiscal Year Focus 2025    
Document Fiscal Period Focus FY    
Amendment Flag true    
Amendment Description This Amendment No. 1 on Form 10-K/A (“Form 10-K/A”) to the Annual Report on Form 10-K of GMS Inc. (the “Company”) for the fiscal year ended April 30, 2025, filed with the Securities and Exchange Commission (the “SEC”) on June 18, 2025 (the “Original Form 10-K”), is being filed solely for the purpose of including the information required by Part III of Form 10-K that the Company did not include in the Original Form 10-K in reliance on General Instruction G(3) to Form 10-K. We are filing this Form 10-K/A to include Part III information in our Form 10-K because we do not intend to file a definitive proxy statement for an annual meeting of shareholders containing such information within 120 days after the end of our fiscal year ending April 30, 2025.On June 29, 2025, the Company entered into an Agreement and Plan of Merger (the “Merger Agreement”) with The Home Depot, Inc., a Delaware corporation (“Parent”), and Gold Acquisition Sub, Inc., a Delaware corporation and a wholly owned indirect subsidiary of Parent (“Merger Sub”). Pursuant to the terms of the Merger Agreement, on July 14, 2025, Merger Sub commenced a tender offer (as it may be extended, amended or supplemented from time to time, the “Offer”) to purchase, subject to certain conditions, any and all of the outstanding shares of common stock. Following the consummation of the Offer, Merger Sub will merge with and into the Company (the “Merger”) in accordance with the Merger Agreement and the Company will survive the Merger as the surviving corporation and will be an indirect, wholly owned subsidiary of Parent. The board of directors of the Company (the “Board”) has unanimously approved the Merger Agreement.In connection with the filing of this Form 10-K/A and pursuant to the rules of the SEC, we are including with this Form 10-K/A new certifications of our principal executive officer and principal financial officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002. Item 15 of Part IV has also been amended to reflect the filing of these new certifications and the Merger Agreement exhibit.Except as described above, this Form 10-K/A does not modify or update the disclosures in, or any exhibits to, the Original Form 10-K. Furthermore, this Form 10-K/A does not change any previously reported financial results, nor does it reflect any events which occurred subsequent to the filing of the Original Form 10-K other than with respect to the Merger Agreement. Information not affected by this Form 10-K/A remains unchanged and reflects the disclosures made at the time the Original Form 10-K was filed.