v3.26.3
Acquisitions (Tables)
 9 Months Ended
Sep. 30, 2026
Business Combination, Asset Acquisition, Transaction between Entities under Common Control, and Joint Venture Formation [Abstract]  
Schedule of Allocation of the Purchase Price Consideration of the Fair Value of Assets Acquired and Liabilities Assumed
The preliminary allocation of the purchase consideration to the estimated fair value of the assets acquired and liabilities assumed is as follows as of the date of the acquisition (in thousands):
Cash$5,865 
Working capital106,351 
Property, plant and equipment62,201 
Acquired intangible assets640,000 
Other assets125,053 
Other liabilities(123,225)
Goodwill527,171 
Fair value of purchase consideration$1,343,416 
The allocation of the purchase consideration to the estimated fair value of the assets acquired and liabilities assumed is as follows as of the date of the acquisition (in thousands):
Cash$2,671 
Working capital19,969 
Property, plant and equipment6,707 
Acquired intangible assets66,900 
Other assets671 
Other liabilities(17,220)
Goodwill38,281 
Fair value of purchase consideration$117,979 
The allocation of the purchase consideration to the estimated fair value of the assets acquired and liabilities assumed in the acquisitions of the three metal roofing businesses is as follows as of the respective date of the acquisitions (in thousands):
Cash$2,241 
Working capital10,118 
Property, plant and equipment5,094 
Acquired intangible assets38,050 
Other assets10,628 
Other liabilities(8,529)
Goodwill50,968 
Fair value of purchase consideration$108,570 
Schedule of Acquired Intangible Assets
The intangible assets acquired in this acquisition consisted of the following (in thousands):
Fair ValueWeighted-Average Amortization Period
Trademarks$110,000 18 years
Customer relationships530,000 15 years
Total$640,000 
The intangible assets acquired in this acquisition consisted of the following (in thousands):
Fair ValueWeighted-Average Amortization Period
Trademarks$6,800 20 years
Customer relationships56,600 15 years
Backlog3,500 Less than 1 year
Total$66,900 
The intangible assets acquired in the three metal roofing business acquisitions consisted of the following (in thousands):
Fair ValueWeighted-Average Amortization Period
Trademarks$4,250 
5 -11 years
Customer relationships33,800 
9 - 12 years
Total$38,050 
Summary of Unaudited Pro Forma Financial Information
The following unaudited pro forma financial information represents a summary of the consolidated results of continuing operations of the Company for the three and nine months ended September 30, 2026 and 2025, assuming the acquisition of OmniMax had been completed on January 1, 2025, and the acquisitions of Lane Supply and the three privately held metal roofing businesses had been completed on January 1, 2024 (in thousands):
Three Months Ended
September 30,		Nine Months Ended
September 30,
2026202520262025
Net sales$479,570 $451,960 $1,382,783 $1,287,990 
Operating income51,676 54,542 139,273 138,730 
Schedule of Business Combination Costs The acquisition-related costs consisted of the following for the three and nine months ended September 30 (in thousands):
Three Months Ended
September 30,		Nine Months Ended
September 30,
2026202520262025
Cost of sales$— $— $6,400 $— 
Selling, general and administrative costs1,153 824 19,046 3,907 
Total acquisition related costs$1,153 $824 $25,446 $3,907