Trex co inc (TREX)
Balance Sheet / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Dec'10
Assets
Current assets:
Cash and cash equivalents

5,339

148,833

133,282

106,084

7,907

105,699

107,313

2,901

2,699

30,514

25,541

8,576

1,767

18,664

22,937

2,553

3,804

5,995

2,532

4,149

2,556

9,544

3,841

5,572

3,729

3,772

19,583

15,583

1,902

2,159

2,500

50,571

4,831

4,526

50,216

19,416

27,270

Restricted cash

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

45,938

25,000

37,000

-

-

0

Accounts receivable, net

241,242

78,462

117,386

117,909

219,345

91,163

87,915

171,131

206,525

66,882

70,802

129,881

171,288

48,039

45,806

95,654

156,325

47,386

80,396

124,465

136,993

36,391

44,977

60,093

116,470

37,338

24,024

50,959

117,385

26,542

32,813

48,852

103,381

29,192

14,332

46,902

53,332

Contract retainage

-

-

-

-

-

-

-

-

-

-

1,893

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Inventories

58,716

56,106

43,923

42,919

50,156

57,801

35,451

36,188

42,453

34,524

26,029

26,941

30,109

28,546

16,507

18,756

25,660

23,104

16,955

18,626

22,920

23,747

14,639

21,055

30,213

22,428

11,177

14,963

15,034

17,521

8,601

13,438

18,665

28,896

32,993

39,036

29,021

Prepaid expenses and other assets

16,582

19,803

13,254

19,251

13,877

15,562

18,106

18,136

15,610

16,878

3,912

2,675

4,071

10,400

4,901

4,197

5,706

13,409

4,879

2,045

2,137

6,288

3,279

5,871

2,969

3,145

1,741

1,706

1,338

2,188

1,680

1,597

1,681

2,118

1,870

2,861

1,539

Revenues in excess of billings

-

-

-

-

-

-

-

-

-

-

4,706

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

9,136

9,136

9,136

9,136

9,860

9,860

9,271

9,271

9,497

9,497

9,145

9,497

3,874

3,858

3,837

3,792

-

-

-

-

949

949

1,004

Income taxes receivable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,006

809

514

435

663

597

328

322

327

142

70

Total current assets

321,879

303,204

307,845

286,163

291,285

270,225

248,785

228,356

267,287

148,798

132,883

168,073

207,235

105,649

99,287

130,296

200,631

99,030

114,622

159,145

173,877

85,241

76,233

102,088

162,526

76,180

61,405

87,878

140,010

52,637

46,257

160,993

153,886

102,054

100,687

109,306

112,236

Property, plant and equipment, net

193,099

171,300

143,893

129,612

122,492

117,144

108,233

107,652

105,035

103,110

102,788

101,620

103,608

103,286

98,836

98,943

99,756

100,924

105,944

105,530

104,163

98,716

98,199

98,257

100,278

100,783

100,425

100,955

102,246

104,425

106,512

109,830

112,214

115,212

119,169

122,509

126,857

Goodwill and other intangible assets, net

73,980

74,084

74,189

74,294

74,399

74,503

74,608

75,121

70,094

71,319

72,544

10,523

10,523

10,523

10,523

10,523

10,524

10,526

10,528

10,530

10,532

10,534

10,536

10,538

10,539

10,542

10,544

10,546

10,548

10,550

10,552

10,554

10,556

10,558

10,560

10,562

6,837

Operating lease assets

38,329

40,049

41,317

42,571

44,251

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other assets

3,569

3,602

3,526

3,558

3,218

3,250

3,283

3,316

2,968

3,000

2,981

2,313

1,940

1,972

2,005

2,037

1,784

1,518

1,537

1,559

1,311

1,333

897

897

652

652

1,081

1,195

970

1,003

1,104

1,205

969

266

953

1,253

1,885

Total assets

630,856

592,239

570,770

536,198

535,645

465,122

434,909

414,445

445,384

326,227

311,196

282,529

323,306

221,430

210,651

241,799

312,695

211,998

232,631

276,764

289,883

195,824

185,865

211,780

273,995

188,157

173,455

200,574

253,774

168,615

164,425

282,582

277,625

228,090

231,369

243,630

247,815

Liabilities and Stockholders' Equity
Current liabilities:
Accounts payable

28,917

15,227

24,641

27,307

23,528

31,084

18,198

24,817

23,723

9,953

15,960

15,137

13,643

10,767

10,974

17,573

17,067

17,733

10,146

19,946

12,785

20,050

12,864

19,474

10,999

14,891

6,673

15,020

13,035

11,161

9,704

13,584

11,908

11,892

9,954

15,011

15,107

Accrued expenses and other liabilities

54,355

58,265

57,483

48,762

42,647

56,291

52,244

46,101

37,032

46,266

41,327

36,271

31,108

34,693

31,654

29,465

25,777

28,891

22,548

28,464

20,951

20,660

24,275

20,169

16,478

23,295

23,051

20,026

13,351

18,818

19,671

20,980

15,797

16,187

12,699

14,948

23,479

Accrued warranty

5,178

5,178

5,400

5,400

5,400

5,400

5,400

6,290

6,290

6,290

6,725

5,925

5,925

5,925

6,300

6,825

6,825

6,825

7,744

8,186

8,738

8,744

8,500

9,000

9,000

9,000

9,000

7,500

7,500

7,500

7,500

5,840

5,700

6,000

4,627

5,536

7,003

Billings in excess of revenues

-

-

-

-

-

-

-

-

-

-

1,353

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Customer deposits

-

-

-

-

-

-

-

-

-

-

953

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

124

124

124

124

-

-

0

Line of credit

28,500

-

0

0

35,000

-

0

8,500

84,500

-

-

0

77,000

0

-

43,000

141,500

7,000

48,500

37,500

84,000

-

3,000

35,000

80,000

-

-

-

72,000

5,000

2,000

25,000

36,700

-

-

-

-

Current portion of long-term debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

91,875

89,150

86,425

84,265

86,887

590

Total current liabilities

116,950

78,670

87,524

81,469

106,575

92,775

75,842

85,708

151,545

62,509

66,318

57,333

127,676

51,385

48,928

96,863

191,169

60,449

88,938

94,096

126,474

49,454

48,639

83,643

116,477

47,186

38,724

42,546

105,886

42,479

38,999

157,403

159,379

120,628

111,545

122,382

46,179

Operating lease liabilities

32,440

34,242

35,662

37,056

38,764

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income taxes

9,831

9,831

2,125

2,125

2,125

2,125

1,286

1,286

1,286

1,286

894

894

894

894

4,597

4,597

4,597

4,597

3,708

3,708

3,708

3,708

360

360

360

360

4,444

7,073

7,161

7,353

2,819

2,819

2,819

2,819

3,791

3,791

3,614

Non-current accrued warranty

19,912

20,317

21,894

23,936

24,934

25,354

27,235

27,482

28,285

28,709

29,733

30,735

30,757

31,767

32,908

24,456

25,715

26,698

28,211

23,185

24,045

25,097

27,587

28,891

29,802

31,812

34,040

17,747

19,806

21,487

24,080

8,101

9,225

10,345

3,896

5,460

7,469

Accrued taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

38

-

85

85

3,126

Debt-related derivative

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

312

Long-term debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

84,193

Other long-term liabilities

-

4

15

79

90

1,905

1,892

1,970

2,410

2,473

2,676

2,880

3,045

3,223

3,699

3,611

3,666

3,791

3,774

4,285

4,117

4,180

2,164

2,148

2,134

2,183

2,436

2,402

3,889

3,310

320

1,740

1,728

1,799

1,803

1,811

0

Total liabilities

179,133

143,064

147,220

144,665

172,488

122,159

106,255

116,446

183,526

94,977

99,621

91,842

162,372

87,269

90,132

129,527

225,147

95,535

124,631

125,274

158,344

82,439

78,750

115,042

148,773

81,541

79,644

69,768

136,742

74,629

66,218

170,063

173,189

135,591

121,120

133,529

144,893

Commitments and contingencies

-

-

-

-

-

-

0

0

0

-

0

0

0

0

0

0

0

0

-

-

-

0

-

-

-

0

-

-

-

0

-

-

-

0

-

-

0

Stockholders' equity:
Preferred stock, $0.01 par value, 3,000,000 shares authorized; none issued and outstanding

-

-

-

-

-

-

0

0

0

-

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

Common stock, $0.01 par value, 120,000,000 shares authorized; 70,241,911 and 70,187,463 shares issued and 57,853,160 and 58,240,721 shares outstanding at March 31, 2020 and December 31, 2019, respectively

702

702

702

701

701

700

700

700

350

698

349

349

349

349

349

348

348

348

348

348

349

348

348

348

173

346

172

172

172

170

169

157

157

156

156

156

155

Additional paid-in capital

123,214

123,996

122,841

122,720

121,592

124,224

122,725

121,541

120,751

121,694

120,667

119,876

118,906

120,082

120,710

119,361

117,916

116,947

116,571

118,577

117,340

116,740

115,623

114,158

107,978

101,494

103,966

100,663

100,113

98,638

99,241

99,254

99,510

99,885

99,380

98,736

98,905

Accumulated other comprehensive loss

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-184

Retained earnings

604,082

561,680

526,183

484,207

448,497

416,942

391,770

362,299

319,480

282,370

264,071

243,974

215,191

187,242

172,973

166,076

142,797

119,395

111,309

107,565

88,850

71,297

66,144

57,232

42,071

29,776

14,673

29,971

16,747

-4,822

-1,203

13,108

4,769

-7,542

10,713

11,209

4,046

Treasury stock, at cost, 12,388,751 and 11,946,742 shares at March 31, 2020 and December 31, 2019, respectively

276,275

237,203

226,176

216,095

207,633

198,903

186,541

186,541

178,723

173,512

173,512

173,512

173,512

173,512

173,513

173,513

173,513

120,227

120,228

75,000

75,000

75,000

75,000

75,000

25,000

25,000

25,000

-

-

-

-

-

-

-

-

-

-

Total stockholders' equity

451,723

449,175

423,550

391,533

363,157

342,963

328,654

297,999

261,858

231,250

211,575

190,687

160,934

134,161

120,519

112,272

87,548

116,463

108,000

151,490

131,539

113,385

107,115

96,738

125,222

106,616

93,811

130,806

117,032

93,986

98,207

112,519

104,436

92,499

110,249

110,101

102,922

Total liabilities and stockholders' equity

630,856

592,239

570,770

536,198

535,645

465,122

434,909

414,445

445,384

326,227

311,196

282,529

323,306

221,430

210,651

241,799

312,695

211,998

232,631

276,764

289,883

195,824

185,865

211,780

273,995

188,157

173,455

200,574

253,774

168,615

164,425

282,582

277,625

228,090

231,369

243,630

247,815