v3.26.1
Note 7 - Segment Reporting - Profit and Loss (Details) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Sales $ 1,173,510 $ 1,061,169 $ 2,232,875 $ 2,003,290
Costs of goods sold 651,699 644,420 1,300,828 1,214,555
Elimination of intersegment cost of goods sold 521,811 416,749 932,047 788,735
Operating expenses 311,378 304,960 604,323 593,308
Other segment items [1] (80,291) (75,840) (156,481) (141,748)
Adjusted EBITDA by reportable segment 290,724 187,629 484,205 337,175
Interest expense (16,787) (18,242) (32,163) (35,352)
Depreciation and amortization (58,410) (48,321) (114,384) (94,462)
Non-cash write-down and other adjustments [2] (2,515) (2,155) (1,072) (2,142)
Non-cash share-based compensation expense [3] (14,005) (14,752) (27,447) (26,360)
Transaction costs and credit facility fees [4] (1,115) (1,004) (3,825) (1,764)
Business optimization and other charges [5] (2,351) (3,442) (3,504) (5,017)
Provision for legal, regulatory, and other costs [6] 951 (4,911) (2,255) (8,662)
Change in fair value of investment [7] 5,916 (1,524) 4,542 (11,471)
Other [8] (12,702) (3,426) (17,632) (3,579)
Income before provision for income taxes 189,706 89,852 286,465 148,366
External Net Sales [Member]        
Sales 1,173,510 1,061,169 2,232,875 2,003,290
Intersegment Sales [Member]        
Sales 0 0 0 0
Operating Segments [Member]        
Sales 1,177,753 1,065,293 2,240,034 2,012,962
Costs of goods sold 655,942 648,544 1,307,987 1,224,227
Operating Segments [Member] | External Net Sales [Member]        
Sales 1,173,510 1,061,169 2,232,875 2,003,290
Operating Segments [Member] | Intersegment Sales [Member]        
Sales 4,243 4,124 7,159 9,672
Operating Segments [Member] | Residential Segment [Member]        
Sales 621,263 634,718 1,173,446 1,183,381
Costs of goods sold 259,692 335,113 540,647 625,015
Operating expenses 187,926 197,990 364,543 383,218
Other segment items [1] (41,744) (44,809) (85,718) (82,865)
Adjusted EBITDA by reportable segment 215,389 146,424 353,974 258,013
Operating Segments [Member] | Residential Segment [Member] | External Net Sales [Member]        
Sales 617,022 630,594 1,166,338 1,173,709
Operating Segments [Member] | Residential Segment [Member] | Intersegment Sales [Member]        
Sales 4,241 4,124 7,108 9,672
Operating Segments [Member] | Commercial and Industrial Segment [Member]        
Sales 556,490 430,575 1,066,588 829,581
Costs of goods sold 396,250 313,431 767,340 599,212
Operating expenses 114,870 89,226 217,351 179,599
Other segment items [1] (36,114) (25,424) (66,119) (47,918)
Adjusted EBITDA by reportable segment 81,484 53,342 148,016 98,688
Operating Segments [Member] | Commercial and Industrial Segment [Member] | External Net Sales [Member]        
Sales 556,488 430,575 1,066,537 829,581
Operating Segments [Member] | Commercial and Industrial Segment [Member] | Intersegment Sales [Member]        
Sales 2 0 51 0
Corporate and Eliminations [Member]        
Operating expenses 8,582 17,744 [9] 22,429 30,491 [9]
Other segment items [1] (2,433) (5,607) [9] (4,644) (10,965) [9]
Adjusted EBITDA by reportable segment (6,149) (12,137) [9] (17,785) (19,526) [9]
Corporate and Eliminations [Member] | Intersegment Sales [Member]        
Sales (4,243) (4,124) [9] (7,159) (9,672) [9]
Elimination of intersegment cost of goods sold (4,243) (4,124) [9] (7,159) (9,672) [9]
Intersegment Eliminations [Member]        
Sales (4,243) (4,124) (7,159) (9,672)
Intersegment Eliminations [Member] | External Net Sales [Member]        
Sales 0 0 0 0
Intersegment Eliminations [Member] | Intersegment Sales [Member]        
Sales (4,243) (4,124) (7,159) (9,672)
Elimination of intersegment cost of goods sold $ (4,243) $ (4,124) $ (7,159) $ (9,672)
[1] Other segment items primarily represent depreciation and amortization and the following items defined below: Non-cash write-down and other adjustments; Non-cash shared-based compensation expense; Transaction costs and credit facility fees; Business optimization and other charges; and Provision for legal, regulatory, and other costs.
[2] Includes gains (losses) on dispositions of assets other than in the ordinary course of business, gains (losses) on sales of certain investments, unrealized mark-to-market adjustments on commodity contracts, certain foreign currency related adjustments, and certain purchase accounting and contingent consideration adjustments.
[3] Represents share-based compensation expense to account for stock options, restricted stock, and other stock awards over their respective vesting periods.
[4] Represents transaction costs incurred directly in connection with any investment, as defined in the Company's credit agreement, equity issuance or debt issuance or refinancing, together with certain fees relating to the Company's senior secured credit facilities, such as administrative agent fees and credit facility commitment fees under the Company's credit agreement.
[5] Represents severance and other restructuring charges related to the consolidation of certain operating facilities and organizational functions.
[6] Represents the following significant litigation, regulatory, and other matters that are not indicative of the Company's ongoing operations:
[7] Represents non-cash gains (losses) primarily from changes in the fair value of the Company's investment in Wallbox warrants and equity securities.
[8] The current year loss relates primarily to four immaterial business dispositions with two closing in the first quarter and two closing in the second quarter of 2026. The prior year loss relates primarily to one immaterial business disposition that closed in the second quarter of 2025.
[9] The 'Corporate & Eliminations' column includes general corporate overhead, centrally managed costs not allocated to the reportable segments, and the elimination of intersegment revenues and profits. These costs primarily relate to certain legal, accounting, human resources, technology functions, and other costs related to the Corporate headquarters.