Reportable Segment and Geographical Information (Tables)

12 Months Ended

Dec. 31, 2024

Segment Reporting [Abstract]

Schedule of Segment Reporting Information

The following table sets forth financial data by reportable segments:

					Year Ended December 31, 2022
	Successor						Predecessor
	Year Ended December 31, 2024		Year Ended December 31, 2023		July 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 Solutions	1,260,848		1,270,906		596,537		841,811
Shelter Solutions	1,536,431		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 Solutions	242,211		224,561		57,331		143,880
Shelter Solutions	178,765		322,874		177,537		209,156
Total reportable adjusted segment EBITDA	718,226		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, net	5,694		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 Solutions	103,214		88,597		52,621		65,225
Shelter Solutions	116,222		139,481		10,291		18,016
Corporate and Other	3,735		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 Solutions	56,064		49,926		13,470		17,304
Shelter Solutions	58,690		74,561		28,909		16,153
Corporate and Other	6,894		12,121		11,888		8,456
Total capital expenditures	$	211,398	$	193,935	$	98,008	$	64,848
					December 31, 2024		December 31, 2023
Property, plant and equipment, net:
Aperture Solutions					$	377,786	$	327,098
Surface Solutions					193,235		205,338
Shelter Solutions					538,725		345,207
Corporate and Other					17,291		11,460
Total property, plant and equipment, net					$	1,127,037	$	889,103
Total assets:
Aperture Solutions					$	2,896,080	$	2,934,102
Surface Solutions					1,810,815		2,268,443
Shelter Solutions					1,631,139		1,111,679
Corporate and Other					347,112		619,117
Total assets					$	6,685,146	$	6,933,341

Summary of Disaggregation of Revenue

The following table sets forth net sales, to third party customers, disaggregated by reportable segment:

					Year Ended December 31, 2022
	Successor						Predecessor
	Year Ended December 31, 2024		Year Ended December 31, 2023		July 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
Metal	351,928		329,363		136,851		185,097
Injection molded	55,047		58,517		25,153		41,841
Stone	66,172		74,326		42,706		51,904
Stone veneer installation and other	162,045		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

Schedule of Disaggregated Expenses by Reportable Segment

The following tables sets forth key expenses disaggregated by reportable segment for the year ended December 31, 2024:

	Aperture Solutions		Surface Solutions		Shelter Solutions		Eliminations		Total
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, net									5,694
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 Solutions		Surface Solutions		Shelter Solutions		Eliminations		Total
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 gain									6,768
Loss on extinguishment of debt									(184)
Other income, net									15,013
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 Solutions		Surface Solutions		Shelter Solutions		Eliminations		Total
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 debt									474
Other income, net									1,140
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 Solutions		Surface Solutions		Shelter Solutions		Eliminations		Total
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 Other									331,996
Interest expense									(101,078)
Foreign exchange gain									686
Gain on extinguishment of debt									28,354
Other income, net									101
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.

Schedule of Financial Data Attributable to Various Geographic Regions

The following tables set forth financial data attributable to various geographic regions:

					Year Ended December 31, 2022
	Successor						Predecessor
	Year Ended December 31, 2024		Year Ended December 31, 2023		July 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
Canada	377,978		415,134		199,466		261,796
All other	2,320		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, 2024		December 31, 2023
Long-lived assets:
U.S.					$	1,497,351	$	1,130,197
Canada					115,047		104,960
All other					21,466		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 assets					506,827		365,292
Total long-lived assets					$	1,633,864	$	1,254,395