What does operating segments — restructuring reserve mean?

The remaining balance of funds set aside to pay for future restructuring obligations.

How do you interpret operating segments — restructuring reserve?

A decreasing balance suggests the company is successfully fulfilling its restructuring obligations, while a stable or increasing balance indicates ongoing or new restructuring commitments.

How does operating segments — restructuring reserve compare across companies?

Comparable to 'restructuring reserves' or 'accrued restructuring liabilities' found in the notes to financial statements of industrial peers.

TopBuild Corporation BLD Operating Segments — Restructuring Reserve

Discontinued — last reported Q2 '16

Similar metrics at other companies

GTLSOperating Segments — Restructuring Reserve

$200K-33.3%

BALLOperating Segments — Restructuring Reserve

$68M+278%

XPO

XPOOperating Segments — Restructuring Reserve

$13.1M-41.5%

BALLNon Reportable Segments And Other Business Activities — Restructuring Reserve

$1M—

MOG.BComponents — Restructuring Reserve

$0-100%

GTLSOperating Segments — Restructuring Reserve Period Increase Decrease

-$700K—

Other financials

Income statement

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Revenue$1.4B+17.2%

Gross profit$400.3M+13.9%

Operating income$175.0M-1.4%

Net income$104.8M-15.1%

EPS (diluted)$3.73-11.8%

Balance sheet

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Cash & equivalents$268.8M-12.9%

Total debt$3.1B+99.6%

Total equity$2.4B+13.6%

Total assets$6.7B+46.0%

Cash flow

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Operating cash flow$160.7M+5.3%

CapEx$14.0M+4.5%

Free cash flow$146.7M+5.4%

Valuation

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Market cap$12B+10.9%

Enterprise value$14.86B+25.3%

P/E23.9×+5.6×

P/S2.1×+0.1×

Profitability

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Gross margin28.8%-1.3pp

Operating margin14%-2.0pp

Net margin9%-2.3pp

FCF margin12.5%-0.5pp

Returns & leverage

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Return on equity22.3%-2.3pp

Debt / equity1.3×+0.6×

Current ratio2×0.0×

Where this comes from

Reported directly by TopBuild Corporation in its filing.

Tagged under the XBRL concept us-gaap:RestructuringReserve.

The official record: TopBuild Corporation’s 10-Q, filed August 4, 2016, on SEC EDGAR. View the filing →

Questions, answered.

What does operating segments — restructuring reserve mean?: The remaining balance of funds set aside to pay for future restructuring obligations.
How do you interpret operating segments — restructuring reserve?: A decreasing balance suggests the company is successfully fulfilling its restructuring obligations, while a stable or increasing balance indicates ongoing or new restructuring commitments.
How does operating segments — restructuring reserve compare across companies?: Comparable to 'restructuring reserves' or 'accrued restructuring liabilities' found in the notes to financial statements of industrial peers.