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Reportable Segment and Geographical Information
 12 Months Ended
Dec. 31, 2024
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, who is our Chief Executive Officer, reviews financial information presented on a consolidated basis for the purposes of allocating resources and evaluating financial performance. The Company is organized in five operating segments aggregated into three reportable segments: Aperture Solutions (consisting of the Aperture Solutions–U.S. and Aperture Solutions–Canada operating segments), Surface Solutions (consisting of the Surface Solutions–U.S. and Surface Solutions–Canada operating segments) and Shelter Solutions, itself an operating segment. The aggregated reportable segments share similar economic characteristics with respect to product offerings, manufacturing processes, and customer demographics. We 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, distribution centers and retail branches. The Company defines low-rise commercial construction as building applications of up to five stories.
Management monitors the operations results of its operating segments separately for purposes of making decisions about resources and evaluating performance. Management, including the Company’s chief operating decision maker, 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, 2024Year Ended December 31, 2023July 25, 2022
through
December 31, 2022		January 1, 2022
through
July 24, 2022
Net sales:
Aperture Solutions$2,506,408 $2,477,731 $1,246,660 $1,643,977 
Surface Solutions1,260,848 1,270,906 596,537 841,811 
Shelter Solutions1,536,431 1,661,391 905,289 1,253,335 
Eliminations(6,158)(7,594)(4,338)(3,039)
Total net sales$5,297,529 $5,402,434 $2,744,148 $3,736,084 
Adjusted reportable segment EBITDA:
Aperture Solutions$297,250 $336,095 $149,433 $202,682 
Surface Solutions242,211 224,561 57,331 143,880 
Shelter Solutions178,765 322,874 177,537 209,156 
Total reportable adjusted segment EBITDA718,226 883,530 384,301 555,718 
Corporate and Other(1,169,358)(230,739)(172,331)331,996 
Depreciation and amortization(401,657)(412,597)(130,153)(166,177)
Interest expense(450,188)(380,706)(157,191)(101,078)
Foreign exchange (loss) gain(14,136)6,768 (4,809)686 
Gain (loss) on extinguishment of debt— (184)474 28,354 
Other income, net5,694 15,013 1,140 101 
Income (loss) before income taxes$(1,311,419)$(118,915)$(78,569)$649,600 
Depreciation and amortization:
Aperture Solutions$178,486 $179,611 $64,348 $79,816 
Surface Solutions103,214 88,597 52,621 65,225 
Shelter Solutions116,222 139,481 10,291 18,016 
Corporate and Other3,735 4,908 2,893 3,120 
Total depreciation and amortization expense$401,657 $412,597 $130,153 $166,177 
Capital expenditures:
Aperture Solutions$89,750 $57,327 $43,741 $22,935 
Surface Solutions56,064 49,926 13,470 17,304 
Shelter Solutions58,690 74,561 28,909 16,153 
Corporate and Other6,894 12,121 11,888 8,456 
Total capital expenditures$211,398 $193,935 $98,008 $64,848 
December 31, 2024December 31, 2023
Property, plant and equipment, net:
Aperture Solutions$377,786 $327,098 
Surface Solutions193,235 205,338 
Shelter Solutions538,725 345,207 
Corporate and Other17,291 11,460 
Total property, plant and equipment, net$1,127,037 $889,103 
Total assets:
Aperture Solutions$2,896,080 $2,934,102 
Surface Solutions1,810,815 2,268,443 
Shelter Solutions1,631,139 1,111,679 
Corporate and Other347,112 619,117 
Total assets$6,685,146 $6,933,341 
The following table sets forth net sales, to third party customers, disaggregated by reportable segment:
Year Ended December 31, 2022
SuccessorPredecessor
Year Ended December 31, 2024Year Ended December 31, 2023July 25, 2022
through
December 31, 2022		January 1, 2022
through
July 24, 2022
Aperture Solutions – Principally vinyl windows$2,505,748 $2,476,870 $1,246,411 $1,643,619 
Surface Solutions:
Vinyl siding$620,158 $611,749 $283,298 $415,534 
Metal351,928 329,363 136,851 185,097 
Injection molded55,047 58,517 25,153 41,841 
Stone66,172 74,326 42,706 51,904 
Stone veneer installation and other162,045 190,218 104,441 144,754 
Total$1,255,350 $1,264,173 $592,449 $839,130 
Shelter Solutions – Metal Building Products$1,536,431 $1,661,391 $905,288 $1,253,335 
Total net sales$5,297,529 $5,402,434 $2,744,148 $3,736,084 
The following tables sets forth key expenses disaggregated by reportable segment for the year ended December 31, 2024:
Aperture SolutionsSurface SolutionsShelter SolutionsEliminationsTotal
Net sales$2,506,408 $1,260,848 $1,536,431 $(6,158)$5,297,529 
Segment cost of sales(1)
(1,969,378)(908,667)(1,143,098)6,158 (4,014,985)
Segment selling, general and administrative expenses(2)
(239,780)(109,970)(214,568)— (564,318)
Reportable adjusted segment EBITDA$297,250 $242,211 $178,765 $— 718,226 
Depreciation and amortization(401,657)
Corporate and Other(1,169,358)
Interest expense(450,188)
Foreign exchange loss(14,136)
Other income, net5,694 
Loss before income taxes$(1,311,419)
(1)Includes hourly and salaried labor for all manufacturing, delivery and related support activities as well as factory overhead, labor benefits, warranty, out-bound freight, utilities, lease and other manufacturing and delivery related-costs.
(2)Includes labor-related costs for the sales, marketing and functional organizations as well as marketing, selling expenses, bad debt and general administrative expenses. Functional organizations include, among others, information technology, finance and accounting, legal and executive office.

The following tables sets forth key expenses disaggregated by reportable segment for the year ended December 31, 2023:
Aperture SolutionsSurface SolutionsShelter SolutionsEliminationsTotal
Net sales$2,477,731 $1,270,906 $1,661,391 $(7,594)$5,402,434 
Segment cost of sales(1)
(1,932,361)(936,024)(1,143,553)7,594 (4,004,344)
Segment selling, general and administrative expenses(2)
(209,275)(110,321)(194,964)— (514,560)
Reportable adjusted segment EBITDA$336,095 $224,561 $322,874 $— 883,530 
Depreciation and amortization(412,597)
Corporate and Other(230,739)
Interest expense(380,706)
Foreign exchange gain6,768 
Loss on extinguishment of debt(184)
Other income, net15,013 
Loss before income taxes$(118,915)
(1)Includes hourly and salaried labor for all manufacturing, delivery and related support activities as well as factory overhead, labor benefits, warranty, out-bound freight, utilities, lease and other manufacturing and delivery related-costs.
(2)Includes labor-related costs for the sales, marketing and functional organizations as well as marketing, selling expenses, bad debt and general administrative expenses. Functional organizations include, among others, information technology, finance and accounting, legal and executive office.
The following tables sets forth key expenses disaggregated by reportable segment for the period July 25, 2022 through December 31, 2022:
Aperture SolutionsSurface SolutionsShelter SolutionsEliminationsTotal
Net sales$1,246,660 $596,537 $905,289 $(4,338)$2,744,148 
Segment cost of sales(1)
(1,005,097)(492,458)(635,513)4,338 (2,128,730)
Segment selling, general and administrative expenses(2)
(92,130)(46,748)(92,239)— (231,117)
Reportable adjusted segment EBITDA$149,433 $57,331 $177,537 $— 384,301 
Depreciation and amortization(130,153)
Corporate and Other(172,331)
Interest expense(157,191)
Foreign exchange loss(4,809)
Gain on extinguishment of debt474 
Other income, net1,140 
Loss before income taxes$(78,569)
(1)Includes hourly and salaried labor for all manufacturing, delivery and related support activities as well as factory overhead, labor benefits, warranty, out-bound freight, utilities, lease and other manufacturing and delivery related-costs.
(2)Includes labor-related costs for the sales, marketing and functional organizations as well as marketing, selling expenses, bad debt and general administrative expenses. Functional organizations include, among others, information technology, finance and accounting, legal and executive office.


The following tables sets forth key expenses disaggregated by reportable segment for the period January 1, 2022 through July 24, 2022:
Aperture SolutionsSurface SolutionsShelter SolutionsEliminationsTotal
Net sales$1,643,977 $841,811 $1,253,335 $(3,039)$3,736,084 
Segment cost of sales(1)
(1,324,401)(635,542)(926,401)3,039 (2,883,305)
Segment selling, general and administrative expenses(2)
(116,894)(62,389)(117,778)— (297,061)
Reportable adjusted segment EBITDA$202,682 $143,880 $209,156 $— 555,718 
Depreciation and amortization(166,177)
Corporate and Other331,996 
Interest expense(101,078)
Foreign exchange gain686 
Gain on extinguishment of debt28,354 
Other income, net101 
Income before income taxes$649,600 
(1)Includes hourly and salaried labor for all manufacturing, delivery and related support activities as well as factory overhead, labor benefits, warranty, out-bound freight, utilities, lease and other manufacturing and delivery related-costs.
(2)Includes labor-related costs for the sales, marketing and functional organizations as well as marketing, selling expenses, bad debt and general administrative expenses. Functional organizations include, among others, information technology, finance and accounting, legal and executive office.
The following tables set forth financial data attributable to various geographic regions:
Year Ended December 31, 2022
SuccessorPredecessor
Year Ended December 31, 2024Year Ended December 31, 2023July 25, 2022
through
December 31, 2022		January 1, 2022
through
July 24, 2022
Total net sales:
U.S.$4,917,231 $4,983,912 $2,537,101 $3,466,127 
Canada377,978 415,134 199,466 261,796 
All other2,320 3,388 7,581 8,161 
Total net sales$5,297,529 $5,402,434 $2,744,148 $3,736,084 
Net sales are determined based on customers’ requested shipment location.
December 31, 2024December 31, 2023
Long-lived assets:
U.S.$1,497,351 $1,130,197 
Canada115,047 104,960 
All other21,466 19,238 
Total long-lived assets$1,633,864 $1,254,395 
Property, plant and equipment, net$1,127,037 $889,103 
Lease right-of-use assets506,827 365,292 
Total long-lived assets$1,633,864 $1,254,395