Gibraltar Industries Inc. (ROCK) Financial Statements (2024 and earlier)

Company Profile

Business Address 3556 LAKE SHORE ROAD
BUFFALO, NY 14219-0228
State of Incorp. DE
Fiscal Year End December 31
Industry (SIC) 331 - Steel Works, Blast Furnaces, And Rolling And Finishing Mills (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)

3/31/2024
Q1
12/31/2023
Q4
9/30/2023
Q3
6/30/2023
Q2
3/31/2023
Q1
12/31/2022
Q4
9/30/2022
Q3
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments99,42685,46518,6217,49717,60821,919
Cash and cash equivalents99,42685,46518,6217,49717,60821,919
Receivables224,550256,400266,487230,132217,156275,704
Inventory, net of allowances, customer advances and progress billings120,503141,008159,542171,634170,360204,000
Inventory120,503141,008159,542171,634170,360204,000
Other current assets17,77224,81718,32019,01518,81337,578
Total current assets:462,251507,690462,970428,278423,937539,201
Noncurrent Assets
Operating lease, right-of-use asset44,91823,00425,04124,43226,50224,850
Property, plant and equipment107,603105,537106,130107,701109,584105,097
Intangible assets, net (including goodwill)639,363649,391643,886647,374649,889656,240
Goodwill513,383515,344511,961512,639512,363510,866
Intangible assets, net (excluding goodwill)125,980134,047131,925134,735137,526145,374
Other noncurrent assets2,3162,424550707701875
Total noncurrent assets:794,200780,356775,607780,214786,676787,062
TOTAL ASSETS:1,256,4511,288,0461,238,5771,208,4921,210,6131,326,263
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities180,843261,399238,210196,764180,303239,956
Accounts payable92,124160,742155,464129,661106,582157,167
Accrued liabilities88,719100,65782,74667,10373,72182,789
Deferred revenue44,73551,61654,83842,92935,01742,412
Total current liabilities:225,578313,015293,048239,693215,320282,368
Noncurrent Liabilities
Long-term debt and lease obligation   9,79049,87688,762139,796
Long-term debt, excluding current maturities   9,79049,87688,762121,840
Liabilities, other than long-term debt115,87585,18285,42983,53684,43260,608
Deferred income tax liabilities57,10347,00747,02447,03047,08840,257
Other liabilities22,78321,27419,90319,01818,30320,351
Operating lease, liability35,98916,90118,50217,48819,04117,956
Total noncurrent liabilities:115,87585,18295,219133,412173,194200,404
Total liabilities:341,453398,197388,267373,105388,514482,772
Equity
Equity, attributable to parent914,998889,849850,310835,387822,099843,491
Common stock342342342341340340
Treasury stock, value(154,362)(154,215)(153,644)(134,958)(125,660)(95,138)
Additional paid in capital332,621330,128327,927324,466322,873320,428
Accumulated other comprehensive loss(2,114)(5,483)(4,115)(3,539)(3,432)(6,769)
Retained earnings738,511719,077679,800649,077627,978624,630
Total equity:914,998889,849850,310835,387822,099843,491
TOTAL LIABILITIES AND EQUITY:1,256,4511,288,0461,238,5771,208,4921,210,6131,326,263

Income Statement (P&L) ($ in thousands)

3/31/2024
Q1
12/31/2023
Q4
9/30/2023
Q3
6/30/2023
Q2
3/31/2023
Q1
12/31/2022
Q4
9/30/2022
Q3
Revenues328,811390,744364,914293,267313,861391,291
Cost of revenue(245,897)(285,360)(268,175)(216,338)(244,838)(296,735)
Gross profit:82,914105,38496,73976,92969,02394,556
Operating expenses(54,025)(52,194)(53,662)(47,559)(47,651)(47,160)
Other undisclosed operating loss (3,797)     
Operating income:25,09253,19043,07729,37021,37247,396
Nonoperating income (expense)
(Other Nonoperating Income (Expense))
 1,040509397 (363)
Other undisclosed income (loss) from continuing operations before equity method investments, income taxes (1,946)   797 
Income from continuing operations before equity method investments, income taxes:23,14654,23043,58629,76722,16947,033
Other undisclosed income (loss) from continuing operations before income taxes1,479(417)(1,308)(1,491)(16,423)(1,048)
Income from continuing operations before income taxes:24,62553,81342,27828,2765,74645,985
Income tax expense(5,191)(14,536)(11,555)(7,177)(2,398)(11,690)
Income from continuing operations:19,43439,27730,72321,0993,34834,295
Income before gain (loss) on sale of properties:34,295
Net income available to common stockholders, diluted:19,43439,27730,72321,0993,34834,295

Comprehensive Income ($ in thousands)

3/31/2024
Q1
12/31/2023
Q4
9/30/2023
Q3
6/30/2023
Q2
3/31/2023
Q1
12/31/2022
Q4
9/30/2022
Q3
Net income:19,43439,27730,72321,0993,34834,295
Other comprehensive income (loss) 3,369(1,368)(576)(107)3,337(3,556)
Comprehensive income:22,80337,90930,14720,9926,68530,739
Other undisclosed comprehensive loss, net of tax, attributable to parent      
Comprehensive income, net of tax, attributable to parent:22,80337,90930,14720,9926,68530,739

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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