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Segments (Tables)
6 Months Ended
Jun. 30, 2017
Segment Reporting [Abstract]  
Schedule of Reconciliation of Operating Profit (Loss) from Segments to Consolidated
The following tables present net sales and gross profit for each reportable segment (in thousands):
 
Three Months Ended June 30,
 
2017
 
2016
 
Net Sales
Gross Profit
 
Net Sales
Gross Profit
SBP
$
460,086

$
130,729

 
$
270,147

$
79,335

MI
69,144

18,803

 


Consolidated
$
529,230

$
149,532

 
$
270,147

$
79,335

Total gross profit
$
149,532

 
 
$
79,335

 
Total operating expenses
(132,629
)
 
 
(76,306
)
 
Interest expense
(14,876
)
 
 
(8,478
)
 
Other income, net
95

 
 
4

 
Income (loss) before income taxes
$
2,122

 
 
$
(5,445
)
 
    
 
Six Months Ended June 30,
 
2017
 
2016
 
Net Sales
Gross Profit
 
Net Sales
Gross Profit
SBP
$
878,549

$
253,155

 
$
514,752

$
151,580

MI
130,138

36,288

 


Consolidated
$
1,008,687

$
289,443

 
$
514,752

$
151,580

Total gross profit
$
289,443

 
 
$
151,580

 
Total operating expenses
(264,087
)
 
 
(142,690
)
 
Interest expense
(30,125
)
 
 
(16,514
)
 
Other income, net
13,384

 
 
14

 
Income (loss) before income taxes
$
8,615

 
 
$
(7,610
)
 
Schedule of Segment Reporting Information, by Segment
The following table provides information about the Company by geographic areas (in thousands):
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
2017
2016
 
2017
2016
United States
$
470,079

$
270,147

 
$
897,020

$
514,752

Canada
59,151


 
111,667


Total
$
529,230

$
270,147

 
$
1,008,687

$
514,752

Schedule of Revenue from External Customers by Products and Services
(in thousands):
 
Three Months Ended June 30,
 
Change
 
2017
 
2016
 
$
 
%
SBP Segment
 
 
 
 
 
 
 
 
 
     Wallboard
$
181,062

39.4
%
 
$
117,507

43.5
%
 
$
63,555

 
54.1
%
     Suspended ceiling systems
83,271

18.1
%
 
29,679

11.0
%
 
53,592

 
180.6
%
     Metal framing
72,404

15.7
%
 
48,485

17.9
%
 
23,919

 
49.3
%
     Other
123,349

26.8
%
 
74,476

27.6
%
 
48,873

 
65.6
%
Total SBP net sales
$
460,086

100.0
%
 
$
270,147

100.0
%
 
$
189,939

 
70.3
%
 
 
 
 
 
 
 
 
 
 
MI Segment
 
 
 
 
 
 
 
 
 
     Commercial and industrial insulation
$
49,730

71.9
%
 
$


 
$
49,730

 
%
     Non-insulation products
19,414

28.1
%
 


 
19,414

 
%
Total MI net sales
$
69,144

100.0
%
 
$


 
$
69,144

 
%
Total net sales
$
529,230

 
 
$
270,147

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Gross profit - SBP
$
130,729

 
 
$
79,335

 
 
$
51,394

 
64.8
%
Gross profit - MI
18,803

 
 

 
 
18,803

 
%
Total gross profit
$
149,532

 
 
$
79,335

 
 
$
70,197

 
88.5
%
 
 
 
 
 
 
 
 
 
 
Gross margin - SBP
28.4
%
 
 
29.4
%
 
 
(1.0
)%
 
 
Gross margin - MI
27.2
%
 
 
%
 
 
 %
 
 
Total gross margin
28.3
%
 
 
29.4
%
 
 
(1.1
)%
 
 
 
Six Months Ended June 30,
 
Change
 
2017
 
2016
 
$
 
%
SBP Segment
 
 
 
 
 
 
 
 
 
     Wallboard
$
349,576

39.8
%
 
$
226,441

44.0
%
 
$
123,135

 
54.4
%
     Suspended ceiling systems
155,984

17.8
%
 
55,835

10.8
%
 
100,149

 
179.4
%
     Metal framing
141,065

16.1
%
 
91,465

17.8
%
 
49,600

 
54.2
%
     Other
231,924

26.3
%
 
141,011

27.4
%
 
90,913

 
64.5
%
Total SBP net sales
$
878,549

100.0
%
 
$
514,752

100.0
%
 
$
363,797

 
70.7
%
 
 
 
 
 
 
 
 
 
 
MI Segment
 
 
 
 
 
 
 
 
 
     Commercial and industrial insulation
$
95,041

73.0
%
 
$


 
$
95,041

 
%
     Non-insulation products
35,097

27.0
%
 


 
35,097

 
%
Total MI net sales
$
130,138

100.0
%
 
$


 
$
130,138

 
%
Total net sales
$
1,008,687

 
 
$
514,752

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Gross profit - SBP
$
253,155

 
 
$
151,580

 
 
$
101,575

 
67.0
%
Gross profit - MI
36,288

 
 

 
 
36,288

 
%
Total gross profit
$
289,443

 
 
$
151,580

 
 
$
137,863

 
91.0
%
 
 
 
 
 
 
 
 
 
 
Gross margin - SBP
28.8
%
 
 
29.4
%
 
 
(0.6
)%
 
 
Gross margin - MI
27.9
%
 
 
%
 
 
 %
 
 
Total gross margin
28.7
%
 
 
29.4
%
 
 
(0.7
)%