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Reportable Segment and Geographical Information
 12 Months Ended
Dec. 31, 2023
Segment Reporting [Abstract]  
Reportable Segment and Geographical Information Reportable Segment and Geographical Information
Operating segments are defined as components of an enterprise for which discrete financial information is available that is evaluated regularly by the chief operating decision maker (“CODM”) for purposes of allocating resources and evaluating financial performance. Our CODM, the Chief Executive Officer, reviews financial information presented on a consolidated basis, accompanied by information about our five operating segments, for the purposes of allocating resources and evaluating financial performance. The Company is organized in three reportable segments: Aperture Solutions, Surface Solutions and Shelter Solutions, which operate principally in the U.S. with limited operations in Canada.
•The Aperture Solutions reportable segment offers a broad line of windows and doors at multiple price-points for residential new construction and repair and remodel end markets in the U.S. and Canada. Its main products include vinyl, aluminum, wood-composite and aluminum clad-wood windows and patio doors, as well as steel, wood-composite, and fiberglass entry doors.
•The Surface Solutions reportable segment offers a broad suite of surface solutions products and accessories at multiple price-points for the residential new construction and repair and remodel end markets as well as stone installation services. Its main products include vinyl siding and accessories, cellular polyvinyl chloride trim, vinyl fencing and railing, stone veneer and gutter protection products.
•The Shelter Solutions reportable segment designs, engineers, manufactures and distributes extensive lines of metal products for the low-rise commercial construction market under multiple brand names and through a nationwide network of manufacturing plants and distribution centers. The Company defines low-rise commercial construction as building applications of up to five stories.
Management monitors the operations results of its reportable segments separately for purposes of making decisions about resources and evaluating performance. Management evaluates performance on the basis of segment earnings before interest, income taxes, depreciation and amortization (“Adjusted reportable segment EBITDA”).
Corporate operating expenses are not allocated to reportable segments. Corporate and Other consists specifically of corporate operating expenses that are generally not allocated to reportable segments, related-party management fees, and other items that are not assigned or allocated to reportable segments. Any intercompany net sales or expenses are eliminated in consolidation.
The following table sets forth financial data by reportable segments:
Year Ended December 31, 2022
SuccessorPredecessor
Year Ended December 31, 2023July 25, 2022
through
December 31, 2022		January 1, 2022
through
July 24, 2022		Year Ended December 31, 2021
Net sales:
Aperture Solutions$2,476,870 $1,246,411 $1,643,619 $2,322,277 
Surface Solutions1,264,173 592,449 839,130 1,364,080 
Shelter Solutions1,661,391 905,288 1,253,335 1,896,780 
Total net sales$5,402,434 $2,744,148 $3,736,084 $5,583,137 
Adjusted reportable segment EBITDA:
Aperture Solutions$336,095 $149,433 $202,682 $239,491 
Surface Solutions224,561 57,331 143,880 265,671 
Shelter Solutions322,874 177,537 209,156 323,533 
Total reportable adjusted segment EBITDA883,530 384,301 555,718 828,695 
Corporate and Other(230,739)(172,331)331,996 601,451 
Depreciation and amortization(412,597)(130,153)(166,177)(292,901)
Interest expense(380,706)(157,191)(101,078)(191,301)
Foreign exchange (loss) gain6,768 (4,809)686 (3,749)
Gain (loss) on extinguishment of debt(184)474 28,354 (42,234)
Other income, net15,013 1,140 101 1,866 
Loss (income) before income taxes$(118,915)$(78,569)$649,600 $901,827 
Depreciation and amortization:
Aperture Solutions$179,611 $64,348 $79,816 $134,626 
Surface Solutions88,597 52,621 65,225 116,660 
Shelter Solutions139,481 10,291 18,016 36,282 
Corporate4,908 2,893 3,120 5,333 
Total depreciation and amortization expense$412,597 $130,153 $166,177 $292,901 
Capital expenditures:
Aperture Solutions$57,327 $43,741 $22,935 $49,001 
Surface Solutions49,926 13,470 17,304 33,198 
Shelter Solutions74,561 28,909 16,153 16,934 
Corporate12,121 11,888 8,456 15,582 
Total capital expenditures$193,935 $98,008 $64,848 $114,715 
Successor
December 31, 2023December 31, 2022
Property, plant and equipment, net:
Aperture Solutions$327,098 $273,709 
Surface Solutions205,338 167,096 
Shelter Solutions345,207 139,382 
Corporate11,460 37,877 
Total property, plant and equipment, net$889,103 $618,064 
Total assets:
Aperture Solutions$2,934,102 $2,153,378 
Surface Solutions2,268,443 2,099,244 
Shelter Solutions1,111,679 973,718 
Corporate619,117 1,967,310 
Total assets$6,933,341 $7,193,650 
The following table sets forth net sales disaggregated by reportable segment:
Year Ended December 31, 2022
SuccessorPredecessor
Year Ended December 31, 2023July 25, 2022
through
December 31, 2022		January 1, 2022
through
July 24, 2022		Year Ended December 31, 2021
Aperture Solutions:
Vinyl windows$2,359,305 $1,178,609 $1,542,525 $2,190,887 
Aluminum windows 67,160 37,653 55,078 85,735 
Other50,405 30,149 46,016 45,655 
Total$2,476,870 $1,246,411 $1,643,619 $2,322,277 
Surface Solutions:
Vinyl siding$611,749 $283,298 $415,534 $667,284 
Metal329,363 136,851 185,097 293,427 
Injection molded58,517 25,153 41,841 75,361 
Stone74,326 42,706 51,904 87,948 
Stone veneer installation and other190,218 104,441 144,754 240,060 
Total$1,264,173 $592,449 $839,130 $1,364,080 
Shelter Solutions:
Metal building products$1,661,391 $905,288 $1,140,259 $1,473,662 
Insulated metal panels— — — 208,220 
Metal coil coating— — 113,076 214,898 
Total$1,661,391 $905,288 $1,253,335 $1,896,780 
Total net sales$5,402,434 $2,744,148 $3,736,084 $5,583,137 
The following tables set forth financial data attributable to various geographic regions:
Year Ended December 31, 2022
SuccessorPredecessor
Year Ended December 31, 2023July 25, 2022
through
December 31, 2022		January 1, 2022
through
July 24, 2022		Year Ended December 31, 2021
Total net sales:
U.S.$4,983,912 $2,537,101 $3,466,127 $5,132,085 
Canada415,134 199,466 261,796 422,867 
All other3,388 7,581 8,161 28,185 
Total net sales$5,402,434 $2,744,148 $3,736,084 $5,583,137 
Successor
December 31, 2023December 31, 2022
Long-lived assets:
U.S.$1,130,197 $891,122 
Canada104,960 81,516 
All other19,238 10,978 
Total long-lived assets$1,254,395 $983,616 
Net sales are determined based on customers’ requested shipment location. Long-lived assets presented above include property, plant and equipment, net and lease right-of-use assets.