v3.26.1
Segment Information (Tables)
 3 Months Ended
Jun. 30, 2026
Segment Reporting [Abstract]  
Schedule of Operating Segments
The following is the Company’s segment information: 
Operating Income
(Millions of U.S. dollars)Siding &
Trim		Deck, Rail &
Accessories		Australia &
New Zealand		EuropeTotal
For the three months ended June 30, 2026
Net sales$859.8 $305.1 $153.3 $156.4 $1,474.6 
Cost of goods sold525.7 208.2 86.1 105.9 925.9 
Gross profit334.1 96.9 67.2 50.5 548.7 
Selling, general and administrative expenses105.4 92.1 19.1 29.4 246.0 
Restructuring expenses 1
— 5.2 — — 5.2 
Other expenses 2
13.8 2.9 1.3 0.9 18.9 
Segment operating income (loss)$214.9 $(3.3)$46.8 $20.2 $278.6 
Reconciliation to consolidated net income
General Corporate costs 3, 4
(60.9)
Interest, net(61.5)
Other income, net1.1 
Income tax expense(53.0)
Consolidated net income$104.3 
____________
1.Exit costs related to the closure of a recycling plant in Oregon. Exit costs primarily consisted of fixed asset impairments, lease exit costs and employee costs.
2.Other expenses represent R&D costs and acquisition related expenses allocated to the segments.
3.Includes acquisition related expenses.
4.Starting July 1, 2025, the Company began allocating R&D costs to the segments.
Operating Income
(Millions of U.S. dollars)Siding &
Trim		Australia &
New Zealand		Europe Total
For the three months ended June 30, 2025
Net sales$641.8 $121.6 $136.5 $899.9 
Cost of goods sold401.3 69.3 92.4 563.0 
Gross profit240.5 52.3 44.1 336.9 
Selling, general and administrative expenses76.0 14.2 28.2 118.4 
Other expenses 1
3.3 0.3 0.8 4.4 
Segment operating income$161.2 $37.8 $15.1 $214.1 
Reconciliation to consolidated net income
General Corporate 2 and Unallocated R&D costs
(75.5)
Interest, net(37.8)
Other expense, net(11.1)
Income tax expense(27.1)
Consolidated net income$62.6 
____________
1.Other expenses represent R&D costs and acquisition related expenses allocated to the segments.
2.Includes acquisition related expenses.
Depreciation and Amortization
Three Months Ended June 30,
(Millions of U.S. dollars)20262025
Siding & Trim$68.5 $43.6 
Deck, Rail & Accessories80.9 — 
Australia & New Zealand6.7 5.2 
Europe10.2 6.8 
General Corporate and R&D2.5 0.9 
Total$168.8 $56.5 

Capital Expenditures
Three Months Ended June 30,
(Millions of U.S. dollars)20262025
Siding & Trim$49.2 $73.9 
Deck, Rail & Accessories12.9 — 
Australia & New Zealand14.3 13.7 
Europe10.3 12.9 
General Corporate and R&D3.1 2.7 
Total$89.8 $103.2