Subsequent Events

12 Months Ended

Dec. 31, 2019

Subsequent Events [Abstract]

Subsequent Events

Subsequent Events

Acquisition of Certain Assets of Insulation Distributors, Inc.

On February 3, 2020, the Company acquired the operations and certain assets of Insulation Distributors, Inc. (“IDI”) with respect to IDI’s two specialty building products branches in Baltimore and Washington D.C.

Any adjustments to the purchase price allocation of this acquisition will be made as soon as practicable but no later than one year from the acquisition date.

Favorable Class Action Settlement

In February 2020, the Company received $8.6 million as part of a class action legal settlement.  The settlement will be recorded in the quarter ending March 31, 2020, and had no impact on the consolidated results of operations for the year ended December 31, 2019.