Supplemental Financial Information (Tables)

6 Months Ended

Jun. 30, 2017

Condensed Financial Information of Parent Company Only Disclosure [Abstract]

Schedule Of Consolidating Statements Of Operations

GIBRALTAR INDUSTRIES, INC.

CONSOLIDATING STATEMENTS OF OPERATIONS

THREE MONTHS ENDED JUNE 30,2017

(in thousands)

	Gibraltar Industries, Inc.			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Total
Net sales	$	—		$	238,652		$	10,627		$	(1,652	)	$	247,627
Cost of sales	—			178,779			8,739			(1,716		)	185,802
Gross profit	—			59,873			1,888			64			61,825
Selling, general, and administrative expense	34			33,681			3,180			—			36,895
(Loss) income from operations	(34		)	26,192			(1,292		)	64			24,930
Interest expense (income)	3,403			162			(15		)	—			3,550
Other expense	—			115			238			—			353
(Loss) income before taxes	(3,437		)	25,915			(1,515		)	64			21,027
(Benefit of) provision for income taxes	(1,340		)	9,360			(167		)	—			7,853
(Loss) income from continuing operations	(2,097		)	16,555			(1,348		)	64			13,174
Discontinued operations:
Loss from discontinued operations before taxes	—			(644		)	—			—			(644		)
Benefit of income taxes	—			(239		)	—			—			(239		)
Loss from discontinued operations	—			(405		)	—			—			(405		)
Equity in earnings (loss) from subsidiaries	14,802			(1,348		)	—			(13,454		)	—
Net income (loss)	$	12,705		$	14,802		$	(1,348	)	$	(13,390	)	$	12,769

GIBRALTAR INDUSTRIES, INC.

CONSOLIDATING STATEMENTS OF OPERATIONS

THREE MONTHS ENDED JUNE 30,2016

(in thousands)

	Gibraltar Industries, Inc.			Guarantor Subsidiaries		Non-Guarantor Subsidiaries			Eliminations			Total
Net sales	$	—		$	247,912	$	19,922		$	(2,096	)	$	265,738
Cost of sales	—			183,557		15,075			(1,737		)	196,895
Gross profit	—			64,355		4,847			(359		)	68,843
Selling, general, and administrative expense	14,134			29,206		(3,073		)	—			40,267
(Loss) income from operations	(14,134		)	35,149		7,920			(359		)	28,576
Interest expense (income)	3,401			285		(20		)	—			3,666
Other expense (income)	8,533			225		(563		)	—			8,195
(Loss) income before taxes	(26,068		)	34,639		8,503			(359		)	16,715
(Benefit of) provision for income taxes	(8,275		)	5,293		1,085			—			(1,897		)
Equity in earnings from subsidiaries	36,764			7,418		—			(44,182		)	—
Net income	$	18,971		$	36,764	$	7,418		$	(44,541	)	$	18,612

GIBRALTAR INDUSTRIES, INC.

CONSOLIDATING STATEMENTS OF OPERATIONS

SIX MONTHS ENDED JUNE 30,2017

(in thousands)

	Gibraltar Industries, Inc.			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Total
Net sales	$	—		$	436,400		$	21,869		$	(4,037	)	$	454,232
Cost of sales	—			329,286			17,721			(3,855		)	343,152
Gross profit	—			107,114			4,148			(182		)	111,080
Selling, general, and administrative expense	77			70,187			6,207			—			76,471
(Loss) income from operations	(77		)	36,927			(2,059		)	(182		)	34,609
Interest expense (income)	6,805			354			(33		)	—			7,126
Other expense	—			245			162			—			407
(Loss) income before taxes	(6,882		)	36,328			(2,188		)	(182		)	27,076
(Benefit of) provision for income taxes	(2,684		)	12,738			(148		)	—			9,906
(Loss) income from continuing operations	(4,198		)	23,590			(2,040		)	(182		)	17,170
Discontinued operations:
Loss from discontinued operations before taxes	—			(644		)	—			—			(644		)
Benefit of income taxes	—			(239		)	—			—			(239		)
Loss from discontinued operations	—			(405		)	—			—			(405		)
Equity in earnings (loss) from subsidiaries	21,145			(2,040		)	—			(19,105		)	—
Net income (loss)	$	16,947		$	21,145		$	(2,040	)	$	(19,287	)	$	16,765

GIBRALTAR INDUSTRIES, INC.

CONSOLIDATING STATEMENTS OF OPERATIONS

SIX MONTHS ENDED JUNE 30,2016

(in thousands)

	Gibraltar Industries, Inc.			Guarantor Subsidiaries		Non-Guarantor Subsidiaries			Eliminations			Total
Net sales	$	—		$	463,125	$	47,215		$	(6,931	)	$	503,409
Cost of sales	—			348,996		37,715			(6,295		)	380,416
Gross profit	—			114,129		9,500			(636		)	122,993
Selling, general, and administrative expense	14,174			61,117		1,365			—			76,656
(Loss) income from operations	(14,174		)	53,012		8,135			(636		)	46,337
Interest expense (income)	6,804			595		(42		)	—			7,357
Other expense (income)	8,487			441		(768		)	—			8,160
(Loss) income before taxes	(29,465		)	51,976		8,945			(636		)	30,820
(Benefit of) provision for income taxes	(9,482		)	11,385		1,276			—			3,179
Equity in earnings from subsidiaries	48,260			7,669		—			(55,929		)	—
Net income	$	28,277		$	48,260	$	7,669		$	(56,565	)	$	27,641

Schedule Of Consolidating Statements Of Comprehensive Income

IBRALTAR INDUSTRIES, INC.

CONSOLIDATING STATEMENTS OF COMPREHENSIVE INCOME

THREE MONTHS ENDED JUNE 30,2017

(in thousands)

	Gibraltar Industries, Inc.		Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Total
Net income (loss)	$	12,705	$	14,802		$	(1,348	)	$	(13,390	)	$	12,769
Other comprehensive income (loss):
Foreign currency translation adjustment	—		—			1,091			—			1,091
Adjustment to retirement benefit liability, net of tax	—		(3		)	—			—			(3		)
Adjustment to post employment health care benefit liability, net of tax	—		30			—			—			30
Other comprehensive income	—		27			1,091			—			1,118
Total comprehensive income (loss)	$	12,705	$	14,829		$	(257	)	$	(13,390	)	$	13,887

GIBRALTAR INDUSTRIES, INC.

CONSOLIDATING STATEMENTS OF COMPREHENSIVE INCOME

THREE MONTHS ENDED JUNE 30,2016

(in thousands)

	Gibraltar Industries, Inc.		Guarantor Subsidiaries			Non-Guarantor Subsidiaries		Eliminations			Total
Net income	$	18,971	$	36,764		$	7,418	$	(44,541	)	$	18,612
Other comprehensive income (loss):
Foreign currency translation adjustment	—		—			7,753		—			7,753
Adjustment to retirement benefit liability, net of tax	—		(1		)	—		—			(1		)
Adjustment to post employment health care benefit liability, net of tax	—		38			—		—			38
Other comprehensive income	—		37			7,753		—			7,790
Total comprehensive income	$	18,971	$	36,801		$	15,171	$	(44,541	)	$	26,402

GIBRALTAR INDUSTRIES, INC.

CONSOLIDATING STATEMENTS OF COMPREHENSIVE INCOME

SIX MONTHS ENDED JUNE 30,2017

(in thousands)

	Gibraltar Industries, Inc.		Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Total
Net income (loss)	$	16,947	$	21,145		$	(2,040	)	$	(19,287	)	$	16,765
Other comprehensive income (loss):
Foreign currency translation adjustment	—		—			1,770			—			1,770
Adjustment to retirement benefit liability, net of tax	—		(6		)	—			—			(6		)
Adjustment to post employment health care benefit liability, net of tax	—		59			—			—			59
Other comprehensive income	—		53			1,770			—			1,823
Total comprehensive income (loss)	$	16,947	$	21,198		$	(270	)	$	(19,287	)	$	18,588

GIBRALTAR INDUSTRIES, INC.

CONSOLIDATING STATEMENTS OF COMPREHENSIVE INCOME

SIX MONTHS ENDED JUNE 30,2016

(in thousands)

	Gibraltar Industries, Inc.		Guarantor Subsidiaries			Non-Guarantor Subsidiaries		Eliminations			Total
Net income	$	28,277	$	48,260		$	7,669	$	(56,565	)	$	27,641
Other comprehensive income (loss):
Foreign currency translation adjustment	—		—			10,831		—			10,831
Adjustment to retirement benefit liability, net of tax	—		(2		)	—		—			(2		)
Adjustment to post employment health care benefit liability, net of tax	—		76			—		—			76
Other comprehensive income	—		74			10,831		—			10,905
Total comprehensive income	$	28,277	$	48,334		$	18,500	$	(56,565	)	$	38,546

Schedule Of Consolidating Balance Sheets

RALTAR INDUSTRIES, INC.

CONSOLIDATING BALANCE SHEETS

JUNE 30,2017

(in thousands)

	Gibraltar Industries, Inc.			Guarantor Subsidiaries		Non-Guarantor Subsidiaries			Eliminations			Total
Assets
Current assets:
Cash and cash equivalents	$	—		$	158,843	$	23,536		$	—		$	182,379
Accounts receivable, net	—			131,513		7,358			—			138,871
Intercompany balances	(10,789		)	15,604		(4,815		)	—			—
Inventories	—			81,927		4,138			—			86,065
Other current assets	2,730			1,498		4,123			—			8,351
Total current assets	(8,059		)	389,385		34,340			—			415,666
Property, plant, and equipment, net	—			92,450		3,419			—			95,869
Goodwill	—			298,399		22,449			—			320,848
Acquired intangibles	—			101,232		9,093			—			110,325
Other assets	—			4,750		—			—			4,750
Investment in subsidiaries	705,610			58,978		—			(764,588		)	—
	$	697,551		$	945,194	$	69,301		$	(764,588	)	$	947,458
Liabilities and Shareholders’ Equity
Current liabilities:
Accounts payable	$	—		$	84,230	$	3,777		$	—		$	88,007
Accrued expenses	7,369			60,533		1,487			—			69,389
Billings in excess of cost	—			11,524		2,439						13,963
Current maturities of long-term debt	—			400		—			—			400
Total current liabilities	7,369			156,687		7,703			—			171,759
Long-term debt	208,279			950		—			—			209,229
Deferred income taxes	—			35,583		2,620			—			38,203
Other non-current liabilities	—			46,364		—			—			46,364
Shareholders’ equity	481,903			705,610		58,978			(764,588		)	481,903
	$	697,551		$	945,194	$	69,301		$	(764,588	)	$	947,458

GIBRALTAR INDUSTRIES, INC.

CONSOLIDATING BALANCE SHEETS

DECEMBER 31, 2016

(in thousands)

	Gibraltar Industries, Inc.			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Total
Assets
Current assets:
Cash and cash equivalents	$	—		$	143,826		$	26,351		$	—		$	170,177
Accounts receivable, net	—			117,526			6,546			—			124,072
Intercompany balances	(615		)	6,152			(5,537		)	—			—
Inventories	—			85,483			4,129			—			89,612
Other current assets	13,783			(10,070		)	3,623			—			7,336
Total current assets	13,168			342,917			35,112			—			391,197
Property, plant, and equipment, net	—			104,642			3,662			—			108,304
Goodwill	—			282,300			21,732			—			304,032
Acquired intangibles	—			101,520			9,270			—			110,790
Other assets	—			3,922			—			—			3,922
Investment in subsidiaries	663,118			58,477			—			(721,595		)	—
	$	676,286		$	893,778		$	69,776		$	(721,595	)	$	918,245
Liabilities and Shareholders’ Equity
Current liabilities:
Accounts payable	$	—		$	66,363		$	3,581		$	—		$	69,944
Accrued expenses	7,369			60,004			3,019			—			70,392
Billings in excess of cost	—			9,301			2,051			—			11,352
Current maturities of long-term debt	—			400			—			—			400
Total current liabilities	7,369			136,068			8,651			—			152,088
Long-term debt	208,037			1,200			—			—			209,237
Deferred income taxes	—			35,354			2,648			—			38,002
Other non-current liabilities	—			58,038			—			—			58,038
Shareholders’ equity	460,880			663,118			58,477			(721,595		)	460,880
	$	676,286		$	893,778		$	69,776		$	(721,595	)	$	918,245

Schedule Of Condensed Consolidating Statements Of Cash Flows

GIBRALTAR INDUSTRIES, INC.

CONDENSED CONSOLIDATING STATEMENTS OF CASH FLOWS

SIX MONTHS ENDEDJUNE 30,2017

(in thousands)

	Gibraltar Industries, Inc.			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations		Total
Cash Flows from Operating Activities
Net cash (used in) provided by operating activities	$	(6,640	)	$	31,687		$	(3,327	)	$	—	$	21,720
Cash Flows from Investing Activities
Cash paid for acquisitions	—			(18,494		)	—			—		(18,494		)
Net proceeds from sale of property and equipment	—			12,627			151			—		12,778
Purchases of property, plant, and equipment	—			(3,123		)	(151		)	—		(3,274		)
Net cash used in investing activities	—			(8,990		)	—			—		(8,990		)
Cash Flows from Financing Activities
Long-term debt payments	—			(400		)	—			—		(400		)
Purchase of treasury stock at market prices	(1,003		)	—			—			—		(1,003		)
Net proceeds from issuance of common stock	247			—			—			—		247
Intercompany financing	7,396			(7,280		)	(116		)	—		—
Net cash provided by (used in) financing activities	6,640			(7,680		)	(116		)	—		(1,156		)
Effect of exchange rate changes on cash	—			—			628			—		628
Net increase (decrease) in cash and cash equivalents	—			15,017			(2,815		)	—		12,202
Cash and cash equivalents at beginning of year	—			143,826			26,351			—		170,177
Cash and cash equivalents at end of period	$	—		$	158,843		$	23,536		$	—	$	182,379

GIBRALTAR INDUSTRIES, INC.

CONDENSED CONSOLIDATING STATEMENTS OF CASH FLOWS

SIX MONTHS ENDEDJUNE 30,2016

(in thousands)

	Gibraltar Industries, Inc.			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations		Total
Cash Flows from Operating Activities
Net cash (used in) provided by operating activities	$	(27,296	)	$	62,474		$	14,263		$	—	$	49,441
Cash Flows from Investing Activities
Cash paid for acquisitions	—			(2,314		)	—			—		(2,314		)
Net proceeds from sale of property and equipment	—			133			29			—		162
Purchases of property, plant, and equipment	—			(3,852		)	(183		)	—		(4,035		)
Net proceeds from sale of business	—			—			8,479			—		8,479
Other, net	—			1,118			—			—		1,118
Net cash (used in) provided by investing activities	—			(4,915		)	8,325			—		3,410
Cash Flows from Financing Activities
Long-term debt payments	—			(400		)	—			—		(400		)
Payment of debt issuance costs	—			(54		)	—			—		(54		)
Purchase of treasury stock at market prices	(462		)	—			—			—		(462		)
Net proceeds from issuance of common stock	2,057			—			—			—		2,057
Intercompany financing	25,701			4,060			(29,761		)	—		—
Net cash provided by (used in) financing activities	27,296			3,606			(29,761		)	—		1,141
Effect of exchange rate changes on cash	—			—			1,264			—		1,264
Net increase (decrease) in cash and cash equivalents	—			61,165			(5,909		)	—		55,256
Cash and cash equivalents at beginning of year	—			39,597			29,261			—		68,858
Cash and cash equivalents at end of period	$	—		$	100,762		$	23,352		$	—	$	124,114