v3.26.1
Related Party Transactions
 6 Months Ended
Jun. 30, 2026
Related Party Transactions [Abstract]  
Related Party Transactions RELATED PARTY TRANSACTIONS
We sell installation services to other companies related to us through common or affiliated ownership and/or board of directors and/or management relationships. We also purchase services and materials and pay rent to companies with common or affiliated ownership. We relocated our corporate headquarters in the second quarter of 2026 to a location that is leased from a related party.
We lease certain other facilities from related parties. See Note 8, Leases, for future minimum lease payments to be paid to these related parties.
The amount of sales to common or related parties as well as the purchases from and rent expense paid to common or related parties were as follows (in millions):
Three months ended June 30,Six months ended June 30,
2026202520262025
Sales$6.7 $6.4 $11.8 $11.3 
Purchases0.9 1.0 1.8 1.7 
Rent0.5 0.3 0.8 0.6 
The amount of receivables due from related parties was as follows (in millions):
June 30, 2026December 31, 2025
Accounts receivable from related parties$1.8 $1.6 
M/I Homes, Inc., a customer whose Chairman, Chief Executive Officer and President serves on our board of directors, accounted for $1.7 million and $1.5 million of the related party accounts receivable balances as of June 30, 2026 and December 31, 2025, respectively. Additionally, M/I Homes, Inc. accounted for a significant portion of our related party sales during the three and six months ended June 30, 2026 and 2025.