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ORGANIZATION

NOTE 1 – ORGANIZATION

Installed Building Products, Inc. (“IBP”), a Delaware corporation formed on October 28, 2011, and its subsidiaries (collectively referred to as the “Company” and “we”, “us” and “our”), primarily install insulation, garage doors, rain gutters, shower doors, closet shelving and mirrors, and other products for residential and commercial builders located in the continental United States. The non-controlling interest relating to majority owned subsidiaries is not significant for presentation. IBP operates in over 100 locations within the continental United States and its corporate office is located in Columbus, Ohio.

We have one operating segment and a single reportable segment. Substantially all of our sales come from service based installation of various products in the existing and new residential and commercial construction end markets. Each of our branches has the capacity to serve all of our end markets. For the three months ended March 31, 2014, 88.1% of our net revenue was attributable to new and existing residential construction, with the remaining 11.9% attributable to commercial construction. For the three months ended March 31, 2013, 87.9% of our net revenue was attributable to new and existing residential construction, with the remaining 12.1% attributable to commercial construction.

2014 Initial Public Offering (“IPO”)

On February 10, 2014, in anticipation of the IPO, we executed a 19.5-for-one stock split of our common stock which was originally a total of 1,129,944 shares of common stock issued and outstanding. The effect of the stock split on outstanding shares and earnings per share has been retroactively applied to all periods presented. Following the split we had 22,033,901 stock-split adjusted shares of common stock issued and outstanding.

On February 19, 2014, we completed an IPO of our common stock, which resulted in the sale of 8,567,500 shares, bringing the total number of shares issued and outstanding as of March 31, 2014 to 30,601,401. We received total proceeds from the IPO of $87,645 after excluding underwriter discounts and commissions of $6,597, based upon the price of $11.00 per share. We used $75,735 of the proceeds from our IPO to redeem our Redeemable Preferred Stock and $11,910 to pay down our revolving credit facility. The common stock is listed on The New York Stock Exchange under the symbol “IBP.” See Note 6, Stockholders’ Equity (Deficit) and Redeemable Instruments, for further information.

NOTE 1 – ORGANIZATION AND RECAPITALIZATION

Installed Building Products, Inc. (“IBP”), a Delaware corporation formed on October 28, 2011, and its wholly owned subsidiaries (collectively referred to as the “Company” and “we”, “us” and “our”), primarily install insulation, garage doors, rain gutters, shower doors, closet shelving and mirrors, and other products for residential and commercial builders located in the continental United States. IBP operates in over 100 locations within the continental United States and its corporate office is located in Columbus, Ohio.

We have one operating segment and a single reportable segment. Substantially all of our sales come from service based installation of various products in the existing and new residential and commercial construction end markets. Each of our branches has the capacity to serve all of our end markets. For the year ended December 31, 2011, 83.6% of our net revenue was attributable to new and existing residential construction, with the remaining 16.4% attributable to commercial construction. For the year ended December 31, 2012, 86.2% of our net revenue was attributable to new and existing residential construction, with the remaining 13.8% attributable to commercial construction. For the year ended December 31, 2013, 89.0% of our net revenue was attributable to new and existing residential construction, whereas 11.0% was attributable to commercial construction.

The following is a summary of the annual percentage of installation net revenue by product category:


	Year ended December 31,
	2011			2012			2013
Insulation		72	%		74	%		74	%
Garage doors		10	%		8	%		8	%
Shower doors, shelving and mirrors		6	%		6	%		6	%
Rain gutters		5	%		6	%		6	%
Other building products		7	%		6	%		6	%

		100	%		100	%		100	%

2011 Recapitalization

Overview of Recapitalization – On November 4, 2011, through a series of transactions, we merged our historical operations of IBP Holdings, LLC (“IBP I”) and IBP Holdings II, LLC (“IBP II”), and their respective operating subsidiaries, into the newly formed holding company, IBP, as part of a merger of entities under common control (the “Merger”). The Merger was accounted for in a manner similar to that of a pooling of interests. The consolidated financials are presented as if the Merger had taken place effective January 1, 2011. Additionally, on November 4, 2011, we entered into a series of transactions with IBP I and IBP II stockholders and debt holders that extinguished the majority of our then-outstanding debt and equity instruments and in exchange IBP issued new debt and equity instruments (collectively with the Merger, referred to as the “Recapitalization”).

Prior to the Recapitalization:

In 2010, related parties IBP Funding Company, LLC and Primstone Funding Company, LLC purchased $27,778 of outstanding senior secured indebtedness, from certain lenders in IBP I’s credit facility, which was converted into a second lien position (the “IBP I Second Lien Debt”). Also in 2010, a related party, Edwards IBP Holdings, LLC purchased $8,212 of subordinated debt and equity in IBP I held by a third party, which was converted into preferred equity in IBP I (“Preferred Units”).

Through a series of purchases in July 2011, Cetus Capital II, LLC (“Cetus”) purchased the remaining $77,642 of IBP I’s outstanding first lien senior secured indebtedness (the “IBP I First Lien Debt”). Certain of our owners made a capital contribution to IBP II, which was used by IBP II to repay $12,010 of outstanding indebtedness under its credit facility (the “IBP II Credit Facility”).

As part of the Recapitalization:

On October 28, 2011, CCIB Holdco, Inc., now known as “IBP”, was formed. IBP then formed four subsidiaries: IBHL A Holding Company, Inc. (“IBHL A”), IBHL B Holding Company, Inc. (“IBHL B”), IBHL II-A Holding Company, Inc. (“IBHL II-A”) and IBHL II-B Holding Company, Inc. (“IBHL II-B”).

On November 3, 2011, the IBP I Second Lien Debt of $27,778 was cancelled by IBP Funding Company, LLC and Primstone Funding Company, LLC and $4,308 of interest owed was forgiven, $3,321 of which related to expense for the year ended December 31, 2011, resulting in a gain from extinguishment of $32,086 that was recorded to additional paid-in capital, as this was an extinguishment with related parties. Additionally, on November 3, 2011, notes payable of $3,781 were cancelled and $946 of interest owed was forgiven, resulting in a gain from extinguishment of $4,727 that was recorded to additional paid-in capital, as this was an extinguishment with a related party.

On November 4, 2011, Cetus contributed the IBP I First Lien Debt to IBP in exchange for 1,000 shares of IBP Series A preferred stock (“IBP Series A Preferred Stock”) and 5,850,000 shares of redeemable common stock of IBP (“Redeemable Common Stock”). The newly issued shares of Common Stock and IBP Series A Preferred Stock were recorded at their respective fair values of $14,900 and $43,275. The difference between the balance of the First Lien debt of $77,642 (including accrued interest of $2,380) as of November 3, 2011 and the fair value of Common Stock and IBP Series A Preferred Stock of $59,100, which includes $925 attributable to the fair value of the embedded put option which was required to be bifurcated and accounted for separately, was recorded as a gain on extinguishment of debt of $18,542 in the 2011 Consolidated Statement of Operations, which was equal to approximately $0.95 in earnings per common share on both a basic and diluted income per share basis.

Additionally, as a part of our Recapitalization, we entered into a stockholders agreement, or the Stockholders Agreement, relating to our common and preferred stock. The Stockholders Agreement provides for certain restrictions on the ability of our stockholders to transfer shares of our equity securities. Certain holders of our equity securities were granted put rights, drag-along rights and pre-emptive rights.

IBP contributed the first lien debt to IBHL A and IBHL B in exchange for stock in those companies. IBHL A and IBHL B then contributed the First Lien Debt to IBP I in exchange for membership interests in IBP I. The existing owners of IBP I and IBP II transferred their membership interests in IBP I and IBP II to IBP Investment Holdings, LLC (“IBPIH”), an IBP shareholder, in exchange, through a series of mergers, for IBP stock. $25,978 was recorded to additional paid-in capital in the 2011 Consolidated Balance Sheet based on the carrying value of the IBP I and IBP II contributed equity in excess of the fair value of the IBP Common Stock received.

In accordance with authoritative standards, the Company recorded a gain attributable to the common stockholders on the extinguishment of the pre-Recapitalization Preferred units. The gain of $85,040 represents the excess of the carrying amount of the Series A1, Series A2, and Series B Preferred units immediately prior to the recapitalization over the fair value of the Common Stock issued to those holders in connection with the recapitalization and is recorded as a component of stockholders’ equity.

Recapitalization Impact on Stock Based Awards – Additionally, IBP Management Holdings, LLC (“IBPMH”) and IBPIH (holding company investors in IBP) were formed and previous holders of stock appreciation rights units in IBP I agreed to terminate their stock appreciation rights units in exchange for membership interest units in IBPMH and IBPIH for no additional consideration.

On various dates subsequent to the issuing of membership units in IBPMH and IBPIH, agreements (the “Employee Puts”) were entered into between Jeff Edwards (our Chairman, President, Chief Executive Officer and controlling shareholder of IBP through indirect holding companies), as an individual, and certain IBP employees with respect to the employees’ membership units in IBPMH and IBPIH, which allowed the holders to sell the units, at a fixed price, to Jeff Edwards. As of January 2014, all remaining Employee Puts between Jeffrey Edwards and employees remained unexercised and expired.

For details on the accounting policy for these awards, see Note 2, Significant Accounting Policies.

2014 Initial Public Offering (“IPO”)

On February 19, 2014, we completed an IPO of our common stock, which resulted in the sale of 8,567,500 shares. We received total proceeds from the IPO of $94,242 based upon the price of $11.00 per share. We used $6,597 of the proceeds from our IPO to pay underwriting fees, $75,735 to redeem our Redeemable Preferred Stock and $11,910 to pay down our revolving credit facility. The common stock is listed on The New York Stock Exchange under the symbol “IBP.”

The entire disclosure for organization, consolidation and basis of presentation of financial statements disclosure.

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SIGNIFICANT ACCOUNTING POLICIES

3 Months Ended

12 Months Ended

Mar. 31, 2014

Dec. 31, 2013

SIGNIFICANT ACCOUNTING POLICIES

NOTE 2 – SIGNIFICANT ACCOUNTING POLICIES

Basis of Presentation and Principles of Consolidation

The accompanying condensed consolidated financial statements include all wholly owned subsidiaries and majority owned subsidiaries. The non-controlling interest relating to majority owned subsidiaries is not significant for presentation. All intercompany accounts and transactions have been eliminated.

The information furnished in the condensed consolidated financial statements includes normal recurring adjustments and reflects all adjustments, which are, in the opinion of management, necessary for a fair presentation of the results of operations and statements of financial position for the interim periods presented. Certain information and footnote disclosures normally included in the consolidated financial statements prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”) have been condensed or omitted pursuant to such rules and regulations. We believe that the disclosures are adequate to make the information presented not misleading when read in conjunction with the audited consolidated financial statements and the notes thereto included elsewhere in this prospectus. The December 31, 2013 condensed consolidated balance sheet data was derived from the audited financial statements but does not include all disclosures required by U.S. GAAP. Unless otherwise indicated, all amounts are in thousands except share and per share amounts.

Our interim operating results for the three months ended March 31, 2014 are not necessarily indicative of the results to be expected in future operating quarters. See the section captioned “Risk Factors” elsewhere in this prospectus, for additional information regarding risk factors that may impact our results.

Management’s Discussion and Analysis of Financial Condition and Results of Operations and Note 2 to the consolidated financial statements in our Annual Report on Form 10-K for the fiscal year ended December 31, 2013, describe the significant accounting policies and estimates used in preparation of the consolidated financial statements. There have been no significant changes in our critical accounting estimates during the three months ended March 31, 2014.

Use of Estimates

Preparation of the condensed consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Significant estimates include the allowance for doubtful accounts, valuation allowance on deferred tax assets, intangible assets and other long-lived assets, share based compensation, reserves for general liability, workers’ compensation, and medical insurance, as well as common stock and redeemable preferred stock prior to our IPO. Management believes the accounting estimates are appropriate and reasonably determined; however, due to the inherent uncertainties in making these estimates, actual amounts could differ from such estimates.

Advertising Costs

Advertising costs are expensed as incurred. Advertising expense was approximately $343 and $385 for the three months ended March 31, 2014 and 2013, respectively, and is included in selling expense on the Condensed Consolidated Statements of Operations.

Deferred Offering Costs

Included on the Condensed Consolidated Balance Sheet at December 31, 2013 are deferred expenses related to our IPO totaling $5,156. See Note 1, Organization, for further details of our IPO. These deferred expenses were charged against equity upon the completion of the IPO in accordance with U.S. GAAP. As of March 31, 2014, we charged total offering costs of $8,661 against equity.

Recently Adopted Accounting Pronouncements

In January 2013, the FASB issued ASU 2013-01, “Balance Sheet (Topic 210): Clarifying the Scope of Disclosures about Offsetting Assets and Liabilities.” The amendment clarifies that the scope of ASU 2011-11 applies to derivatives accounted for in accordance with Topic 815, Derivatives and Hedging, including bifurcated embedded derivatives, repurchase agreements and reverse repurchase agreements, and securities borrowing and securities lending transactions that are either offset in accordance with Section 210-20-45 or Section 815-10-45 or subject to an enforceable master netting arrangement or similar agreement. This ASU is effective for fiscal years, and interim periods within those years, beginning on or after January 1, 2013 and should be retrospectively applied to all comparative periods presented. We have concluded that this ASU has not had a material impact on our consolidated financial statements because the scope clarification does not change our position for the three months ended March 31, 2014.

In July 2013, the FASB issued ASU 2013-11, “Income Taxes (Topic 740): Presentation of an Unrecognized Tax Benefit When a Net Operating Loss Carryforward, a Similar Tax Loss, or a Tax Credit Carryforward Exists (a consensus of the FASB Emerging Issues Task Force)”. This update clarifies that an unrecognized tax benefit, or a portion of an unrecognized tax benefit, should be presented in the financial statements as a reduction to a deferred tax asset for a net operating loss carryforward, a similar tax loss, or a tax credit carryforward if such settlement is required or expected in the event the uncertain tax position is disallowed. In situations where a net operating loss carryforward, a similar tax loss, or a tax credit carryforward is not available at the reporting date under the tax law of the applicable jurisdiction or the tax law of the jurisdiction does not require, and the entity does not intend to use, the deferred tax asset for such purpose, the unrecognized tax benefit should be presented in the financial statements as a liability and should not be combined with deferred tax assets. This ASU is effective prospectively for fiscal years, and interim periods within those years, beginning after December 15, 2013. Retrospective application is permitted. We have concluded that this ASU will not have a material impact on our consolidated financial statements.

Recently Issued Accounting Pronouncements Not Yet Adopted

In April 2014, the FASB issued ASU 2014-08, “Presentation of Financial Statements (Topic 205) and Property, Plant, and Equipment (Topic 360): Reporting Discontinued Operations and Disclosures of Disposals of Components of an Entity.” The amendments in this update change the requirements for reporting discontinued operations in Subtopic 205-20. A discontinued operation may include a component of an entity or a group of components of an entity, or a business or nonprofit activity. A disposal of a component of an entity or a group of components of an entity is required to be reported in discontinued operations if the disposal represents a strategic shift that has (or will have) a major effect on an entity’s operations and financial results. This ASU is effective prospectively for fiscal years, and interim periods within those years, beginning on or after December 15, 2014. We are still evaluating whether this ASU will have a material impact on our consolidated financial statements.

NOTE 2 – SIGNIFICANT ACCOUNTING POLICIES

Basis of Presentation and Principles of Consolidation

We prepare our consolidated financial statements in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”). The accompanying consolidated financial statements include all wholly owned subsidiaries and majority owned subsidiaries. The non-controlling interest relating to majority owned subsidiaries is not significant for presentation. All intercompany accounts and transactions have been eliminated.

Use of Estimates

Preparation of the consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Significant estimates include the allowance for doubtful accounts, valuation allowance on deferred tax assets, valuation of the reporting unit, intangible assets and other long-lived assets, share based compensation, reserves for general liability, workers’ compensation and medical insurance and common stock and preferred stock. Management believes the accounting estimates are appropriate and reasonably determined; however, due to the inherent uncertainties in making these estimates, actual amounts could differ from such estimates.

Cash and Cash Equivalents

We consider all highly-liquid investments purchased with original term to maturity of three months or less to be cash equivalents. All such items referenced herein are classified as cash and we have no items classified as cash equivalents as of the years ended December 31, 2012 or 2013. Substantially all cash is held in one bank. The bank provides FDIC coverage of $250 per depositor. Included in accounts payable are outstanding checks of $1,480 and $1,770 as of December 31, 2012 and 2013, respectively. Included in accrued compensation are outstanding checks of $506 and $328 as of December 31, 2012 and 2013, respectively. We manage our cash to a zero balance account and borrow funds under our Revolving Line of Credit (the “LOC”) to cover outstanding checks. See Note 5, Long-Term Debt, for further details on the LOC.

Restricted Cash

Restricted cash consists of deposits held by our insurance carrier for general liability and workers’ compensation reserves. Restricted cash is not considered cash and cash equivalents for purposes of the statements of cash flows. Classification between current and long-term is dependent upon the timing of the intended use of each particular reserve.

Revenue Recognition

Revenue from the sale and installation of products is recognized when all of the following have occurred: (i) persuasive evidence of an arrangement exists, (ii) delivery has occurred or services have been rendered, (iii) the price is fixed or determinable and (iv) the ability to collect is reasonably assured. Revenue from the sale and installation of products is recognized net of adjustments and discounts and at the time the installation is complete.

Business Combinations

The purchase price for business combinations is allocated to the estimated fair values of acquired tangible and intangible assets, including goodwill, and assumed liabilities, where applicable. Additionally, we recognize customer relationships, trademarks and trade names, and non-competition agreements as identifiable intangible assets. These assets are recorded at fair value as of the transaction date. The fair value of these intangibles is determined primarily using the income approach and using current industry information which involves significant unobservable inputs (Level 3 inputs). These inputs include projected sales, margin, and tax rate.

Accounts Receivable

We account for trade receivables based on amounts billed to customers. Past due receivables are determined based on contractual terms. We do not accrue interest on any of our trade receivables.

Allowance for Doubtful Accounts

We maintain an allowance for doubtful accounts for estimated losses resulting from the failure of customers to make required payments. The allowance is determined by management based on our historical losses, specific customer circumstances, and general economic conditions. We analyze aged accounts receivable and generally increase the allowance as receivables age. Management reviews accounts receivable and records an allowance for specific customers based on current circumstances and charges off the receivable against the allowance when all attempts to collect the receivable have failed. This analysis is performed regularly and the allowance is adjusted accordingly.


Allowance for doubtful accounts receivable
January 1, 2011	$	2,172
Charged to costs and expenses		2,156
Charged to other accounts (1)		337
Deductions (2)		(3,094	)

December 31, 2011		1,571
Charged to costs and expenses		482
Charged to other accounts (1)		563
Deductions (2)		(1,204	)

December 31, 2012		1,412
Charged to costs and expenses		1,038
Charged to other accounts (1)		479
Deductions (2)		(1,191	)

December 31, 2013	$	1,738

(1)	Recovery of receivables previously written off as bad debt

(2)	Write-off of uncollectible accounts receivable

Deferred Offering Costs

Included on the Consolidated Balance Sheet at December 31, 2013 are deferred expenses related to our February 19, 2014 Initial Public Offering totaling $5,156. See Note 1, Organization, for further details of our Initial Public Offering.

Concentration of Credit Risk

Credit risk is our risk of financial loss from the non-performance of a contractual obligation on the part of our counterparty. Such risk arises principally from our receivables from customers and cash and bank balances. Substantially all of our trade accounts receivable are from entities engaged in residential and commercial construction. We perform periodic credit evaluations of our customers’ financial condition. The general credit risk of our counterparties is not considered to be significant. In addition, no individual customer made up more than 3.0% of net revenue for the years ended December 31, 2011, 2012 and 2013.

Inventories

Inventories consist of insulation, garage doors, rain gutters, shower doors, mirrors, closet shelving and other products. We install these products but do not manufacture them. We value inventory at the lower of cost or market with cost determined using the first-in, first-out (“FIFO”) method. As of December 31, 2012 and 2013, all inventory was finished goods.

Property and Equipment

Property and equipment are stated at cost, less accumulated depreciation. We provide for depreciation and amortization of property and equipment using the straight-line method, over the expected useful lives of the assets. Leasehold improvements are amortized over the shorter of the useful life or the remaining lease term. Expected useful lives of property and equipment vary but generally are the shorter of lease life or five years for vehicles, three to five years for furniture, fixtures and equipment, shorter of lease life or five years for leasehold improvements and 30 years for buildings.

Major renewals and improvements are capitalized. Maintenance, repairs and minor renewals are expensed as incurred. When assets are retired or otherwise disposed of, the related cost and accumulated depreciation are removed from the accounts and any resulting gain or loss is recorded.

Goodwill

Goodwill results from business combinations and represents the excess of the purchase price over the fair value of acquired tangible assets and liabilities and identifiable intangible assets. Annually, on October 1, or if conditions indicate an earlier review is necessary, we assess qualitative factors to determine if it is more likely than not that the fair value of a reporting unit is less than its carrying amount and if it is necessary to perform the quantitative two-step goodwill impairment test. If we perform the quantitative test, we compare the carrying value of the reporting unit to an estimate of the reporting unit’s fair value to identify potential impairment. The estimate of the reporting unit’s fair value is determined by weighting a discounted cash flow model and a market- related model using current industry information that involve significant unobservable inputs (Level 3 inputs). In determining the estimated future cash flow, we consider and apply certain estimates and judgments, including current and projected future levels of income based on management’s plans, business trends, prospects and market and economic conditions and market-participant considerations. If the estimated fair value of the reporting unit is less than the carrying value, a second step is performed to determine the amount of the potential goodwill impairment. If impaired, goodwill is written down to its estimated implied fair value.

Impairment of Other Intangible and Long-Lived Assets

Other intangible assets consist of customer relationships, non-competition agreements and business trademarks and trade names. Amortization of finite lived intangible assets is recorded to reflect the pattern of economic benefits based on projected revenues over their respective estimated useful lives (customer relationships – 10 years, non-competition agreements – two to five years and business trademarks and trade names – eight to 15 years). We do not have any indefinite-lived intangible assets other than goodwill.

We review long-lived assets whenever events or changes in circumstances indicate that the carrying value of an asset may not be recoverable. An impairment loss is recognized when estimated future cash flows expected to result from the use of an asset and its eventual disposition are less than its carrying amount. When impairment is identified, the carrying amount of the asset is reduced to its estimated fair value. Assets to be disposed of are recorded at the lower of net book value or fair market value less cost to sell at the date management commits to a plan of disposal. An intangible asset impairment related to continuing operations of $1,687 and $352 is included in other operating expenses for the years ended December 31, 2011 and 2012, respectively. In 2011, the impairment charges also included $1,074 of impaired intangibles related to discontinued operations. There is no impairment loss for the year ended December 31, 2013.

Other Liabilities

Our workers’ compensation insurance is primarily under a high-deductible insurance policy and our general liability insurance is under a self-insured retention program (“SIR”). We are insured for covered claims above the deductible and SIR. The liabilities represent our best estimate of our costs, using generally accepted actuarial reserving methods, of the ultimate obligations for reported claims plus those incurred but not reported for all claims incurred through December 31, 2011, 2012 and 2013. We establish case reserves for reported claims using case-basis evaluation of the underlying claims data and we update as information becomes known. We regularly monitor the potential for changes in estimates, evaluate our insurance accruals and adjust our recorded provisions.

The assumptions underlying the ultimate costs of existing claim losses are subject to a high degree of unpredictability, which can affect the liability recorded for such claims. For example, variability in inflation rates of health care costs inherent in workers’ compensation claims can affect the ultimate costs. Similarly, changes in legal trends and interpretations, as well as a change in the nature and method of how claims are settled can affect ultimate costs. Our estimates of liabilities incurred do not anticipate significant changes in historical trends for these variables, and any changes could have a considerable effect on future claim costs and currently recorded liabilities.

Advertising Costs

Advertising costs are expensed as incurred. Advertising expense was approximately $1,440, $1,694 and $1,610 for the years ended December 31, 2011, 2012 and 2013, respectively, and is included in selling expense on the Consolidated Statements of Operations.

Other Operating Expenses

A net gain on litigation settlement of $6,975 and $31 was recognized in 2012 and 2013, respectively, due to the settlement of a class action lawsuit in which we were one of the plaintiffs. The lawsuit related to excess material prices being charged by certain manufacturers and was settled in 2012.

Also included in other operating expenses in 2012 is a $960 gain from insurance proceeds related to the replacement of property and equipment and business interruption due to a fire at a single location in 2011. We paid $1,407 of settlement expenses in 2013 related to two lawsuits against us. $881 of these settlement expenses is included in other operating expenses in 2013. The remaining expense is included in Administrative Operating Expenses. See Note 11, Commitments and Contingencies, for further information about these lawsuits.

Deferred Financing Costs

Deferred financing costs totaling $496 and $321, net are amortized over the term of the related debt using the effective interest method and are included in other non-current assets on the Consolidated Balance Sheets as of December 31, 2012 and 2013, respectively. The related amortization expense of these costs was $696, $175, and $175 and is included in interest expense on the Consolidated Statements of Operations for the years ended December 31, 2011, 2012 and 2013, respectively.

Share-Based Compensation

As further described in Note 1, Organization and Recapitalization, two of our stockholders, issued membership interests in their equity to certain of our employees (the “Awards”). Certain of these employees were granted Employee Puts.

When the employees received the Awards, the then fair value of the Awards less any consideration in exchange for the Awards was recorded as compensation expense. In accordance with the terms of the Awards, they were deemed equity-classified instruments as there is no service or vesting period associated with these Awards and all compensation expense was recognized upon issuance.

Upon issuance of the Employee Puts, the then fair value of the Employee Puts received was recorded as compensation expense over the service period, if applicable. The Employee Puts are deemed to be liability-classified instruments that are directly associated with the Awards. As such, both the Awards and the Employee Puts are accounted for as liability-classified instruments as of the issuance date of the Employee Put. During the period for which the Employee Puts are exercisable, both the Employee Puts and the associated Awards are re-measured to fair value each reporting period.

It was assumed that Employee Puts will be exercised at the greater of the fixed price or fair market value. In the absence of a publicly traded market, the fair market value of the Employee Puts and underlying units are estimated primarily using discounted cash flow and, secondarily, using other market-related models that factor in current industry trends. In determining the estimated future cash flow, we consider and apply certain estimates and judgments, including current and projected future levels of income based on management’s plans, business trends, prospects and market and economic conditions and market-participant considerations. The adjustment to the carrying fair value is based upon an equity rate of return for a public company in our industry with similar financial trends and characteristics. The fair value of our common stock is used to determine the value of the Employee Puts based on their ownership interest.

Because the awards were granted by a related party as compensation to our employees, the compensation associated with the awards and the related puts was pushed down by the related parties to IBP and recorded as non-cash compensation expense. This expense totaled $780 and $4,658 in 2011 and 2012, respectively, and is included in administrative expenses on our Consolidated Statement of Operations. There was no similar expense recognized in 2013.

Effective November 30, 2013, the Employee Puts between Jeffrey Edwards and our other executive officers were terminated.

Self-Insurance Liabilities

We use a combination of insurance and self-insurance for a number of risks, including, but not limited to, workers’ compensation, general liability, vehicle liability, property and our obligation for employee-related health care benefits. Liabilities relating to these claims associated with these risks are estimated by considering historical claims experience, including frequency, severity, demographic factors, and other actuarial assumptions. In estimating our liability for such claims, we periodically analyze our historical trends, including loss development, and apply appropriate loss development factors to the incurred costs associated with the claims with the assistance of external actuarial consultants.

Income Taxes

We account for income taxes using the asset and liability method. Under this method, the amount of taxes currently payable or refundable are accrued, and deferred tax assets and liabilities are recognized for the estimated future tax consequences of temporary differences that currently exist between the tax basis and financial reporting basis of our assets and liabilities.

Valuation allowances are established against deferred tax assets when it is more likely than not that the realization of those deferred tax assets will not occur. In evaluating our ability to recover our deferred tax assets within the jurisdiction from which they arise, we consider all available positive and negative evidence, including scheduled reversals of deferred tax liabilities, the ability to produce future taxable income, tax planning strategies available and recent financial operations. In projecting future taxable income, we begin with historical results adjusted for the results of discontinued operations and changes in accounting policies and incorporate assumptions including the amount of future federal and state pretax operating income, the reversal of temporary differences, and the implementation of feasible and prudent tax planning strategies. These assumptions require significant judgment about the forecasts of future taxable income and are consistent with the plans and estimates we use to manage the underlying businesses.

Deferred tax assets and liabilities are measured using the enacted tax rates in effect in the years when those temporary differences are expected to reverse. The effect on deferred taxes from a change in tax rate is recognized through continuing operations in the period that includes the enactment date of the change. Changes in tax laws and rates could also affect recorded deferred tax assets and liabilities in the future. Management is not aware of any such changes that would have a material effect on our results of operations, cash flows, or financial position.

A tax benefit from an uncertain tax position may be recognized when it is more likely than not that the position will be sustained upon examination, including resolutions of any related appeals or litigation processes, based on the technical merits. Income tax positions must meet a more likely than not recognition threshold to be recognized.

We recognize tax liabilities for uncertain tax positions and adjust these liabilities when our judgment changes as a result of the evaluation of new information not previously available. Liabilities related to uncertain tax positions are recorded in other long-term liabilities on the Consolidated Balance Sheets. Due to the complexity of some of these uncertainties, the ultimate resolution may result in a payment that is materially different from the current estimate of the tax liabilities. These differences will be reflected as increases or decreases to income tax expense and the effective tax rate in the period in which the new information becomes available. Interest and penalties related to unrecognized tax benefits are recognized within income tax expense in the Consolidated Statements of Operations. Accrued interest and penalties are recognized in accrued expenses on the Consolidated Balance Sheets.

Our income tax expense, deferred tax assets and liabilities and reserves for unrecognized tax benefits reflect management’s best assessment of estimated future taxes to be paid. We are subject to income taxes in the United States which includes numerous state and local jurisdictions. Significant judgments and estimates are required in determining the income tax expense, deferred tax assets and liabilities and the reserve for unrecognized tax benefits.

Discontinued Operations

We continually review each of our markets in order to refine our overall investment strategy and to optimize capital and resource allocations in an effort to enhance our financial position and to increase Company value. This review entails an evaluation of both external market factors and our position in each market and over time has resulted in the decision to discontinue certain locations. Customers of discontinued locations will not be served by other locations. There were no material assets or liabilities related to our discontinued operations as of December 31, 2012 or 2013. Discontinued operations were not segregated in the Consolidated Statements of Cash Flows.

Estimated Fair Value of Financial Instruments

Accounts receivable, accounts payable, and accrued liabilities as of December 31, 2012 and 2013 approximate their fair value due to the short-term maturities of these financial instruments. The carrying amounts of the long-term debt under the revolving line of credit approximates its fair value as of December 31, 2012 and 2013 due to the short term maturities of the underlying variable rate LIBOR agreements. This represents a Level 2 fair value measurement.

Recently Adopted Accounting Pronouncements

In January 2013, the FASB issued ASU 2013-01, “Balance Sheet (Topic 210): Clarifying the Scope of Disclosures about Offsetting Assets and Liabilities.” The amendment clarifies that the scope of ASU 2011-11 applies to derivatives accounted for in accordance with Topic 815, Derivatives and Hedging, including bifurcated embedded derivatives, repurchase agreements and reverse repurchase agreements, and securities borrowing and securities lending transactions that are either offset in accordance with Section 210-20-45 or Section 815-10-45 or subject to an enforceable master netting arrangement or similar agreement. This ASU is effective for fiscal years, and interim periods within those years, beginning on or after January 1, 2013 and should be retrospectively applied to all comparative periods presented. We have concluded that this ASU will not have a material impact on our consolidated financial statements because the Company has already implemented the provisions of ASU 2011-11 and the scope clarification does not change our position for the year ended December 31, 2013.

Recently Issued Accounting Pronouncements Not Yet Adopted

In December 2013, the FASB issued ASU 2013-12, “Definition of a Public Business Entity: An Addition to the Master Glossary.” This update amends the Master Glossary of the FASB Accounting Standards Codification to include one definition of public business entity for future use in U.S. GAAP. This update also identifies the types of business entities that are excluded from the scope of the Guide. The amendment specifies that an entity that is required by the SEC to file or furnish financial statements with the SEC, or does file or furnish financial statements with the SEC, is considered a public business entity. Based on this definition we have concluded that the Company is a public business entity under the new standard. There is no effective date for the amendment however the term business public entity will be used in future Accounting Standards Updates. We have concluded that this ASU will not have a material impact on our consolidated financial statements.

PROPERTY AND EQUIPMENT

12 Months Ended

Dec. 31, 2013

Property Plant And Equipment [Abstract]

PROPERTY AND EQUIPMENT

NOTE 3 – PROPERTY AND EQUIPMENT

Property and equipment consisted of the following:


	As of December 31,			As of December 31,
	2012			2013
Land		$66			$66
Buildings		218			218
Leasehold improvements		3,492			3,640
Furniture, fixtures and equipment		16,606			15,720
Vehicles and equipment		47,814			61,971

		68,196			81,615
Less: accumulated deprecation and amortization		(50,265	)		(52,140	)

		$17,931			$29,475

Property and equipment as of December 31, 2012 and 2013 of $38,742 and $37,360, respectively, were fully depreciated. Depreciation and amortization expense during the years ended December 31, 2011, 2012 and 2013 was $4,405, $4,637 and $8,374, respectively.

GOODWILL AND INTANGIBLES

3 Months Ended

12 Months Ended

Mar. 31, 2014

Dec. 31, 2013

Goodwill And Intangible Assets Disclosure [Abstract]

GOODWILL AND INTANGIBLES

NOTE 3 – GOODWILL AND INTANGIBLES

Goodwill

During the three months ended March 31, 2014, goodwill increased $1,217 as a result of our acquisition of U.S. Insulation Corp. (“U.S. Insulation”). See Note 11, Business Combinations, for more information. Goodwill did not change during the three months ended March 31, 2013.

We test goodwill for impairment annually during the fourth quarter of our fiscal year or at an earlier date if there is an impairment indicator. We tested goodwill for impairment as of October 1, 2013. No impairment was recognized during either of the three month periods ended March 31, 2014 and 2013.

Intangibles, net

The following table provides the gross carrying amount and accumulated amortization for each major class of intangibles:


	March 31, 2014							December 31, 2013
	Gross Carrying Amount		Accumulated Amortization			Net Book Value		Gross Carrying Amount		Accumulated Amortization			Net Book Value
Amortized intangibles:
Customer relationships	$	21,958	$	(14,839	)	$	7,119	$	21,412	$	(14,403	)	$	7,009
Covenants not-to-compete		426		(180	)		246		356		(160	)		196
Trademarks and tradenames		12,098		(5,912	)		6,186		11,882		(5,687	)		6,195

	$	34,482	$	(20,931	)	$	13,551	$	33,650	$	(20,250	)	$	13,400

Amortization expense on intangible assets totaled $697 and $791 during the three months ended March 31, 2014 and 2013, respectively. Remaining estimated aggregate annual amortization expense is as follows (amounts are for the fiscal year ended):


Remainder of 2014	$	2,035
2015		2,543
2016		2,199
2017		1,610
2018		1,399
Thereafter		3,765

NOTE 4 – GOODWILL AND INTANGIBLES

Goodwill

The change in carrying amount of goodwill was as follows:


	Years ended December 31,
	2012			2013
Beginning balances:
Goodwill	$	118,316		$	119,150
Accumulated impairment losses		(70,004	)		(70,004	)

Net Goodwill		48,312			49,146
Goodwill from business combinations		834			182

Ending balances:
Goodwill		119,150			119,332
Accumulated impairment losses		(70,004	)		(70,004	)

Net Goodwill	$	49,146		$	49,328

No impairment of goodwill was recognized for the years ended December 31, 2011, 2012 and 2013.

Intangibles, net

The following table provides the gross carrying amount and accumulated amortization for each major class of intangibles:


	As of December 31,						As of December 31,
	2012						2013
	Gross				Net		Gross				Net
	Carrying		Accumulated		Book		Carrying		Accumulated		Book
	Amount		Amortization		Value		Amount		Amortization		Value
Amortized intangibles:
Customer relationships	$	20,439	$	12,425	$	8,014	$	21,412	$	14,403	$	7,009
Covenants not-to-compete		1,021		761		260		356		160		196
Trademarks and tradenames		11,545		4,796		6,749		11,882		5,687		6,195

	$	33,005	$	17,982	$	15,023	$	33,650	$	20,250	$	13,400

An intangible asset impairment related to continuing operations of $1,687 and $352 for impaired customer relationships and trademarks and trade names relating to certain branch name changes is included in other operating expenses on the Consolidated Statement of Operations for the years ended December 31, 2011 and 2012, respectively. In 2011, the impairment charges also included $1,074 of impaired intangibles related to discontinued operations. There is no impairment loss for the year ended December 31, 2013.

Amortization expense on intangible assets totaled $3,986, $3,082 and $3,057 during the years ended December 31, 2011, 2012 and 2013, respectively. Remaining estimated aggregate annual amortization expense is as follows:


2014	$	2,659
2015		2,456
2016		2,113
2017		1,524
2018		1,313
Thereafter		3,335

The entire disclosure for the aggregate amount of goodwill and a description of intangible assets, which may include (a) for amortizable intangible assets (also referred to as finite-lived intangible assets), the carrying amount, the amount of any significant residual value, and the weighted-average amortization period, (b) for intangible assets not subject to amortization (also referred to as indefinite-lived intangible assets), the carrying amount, and (c) the amount of research and development assets acquired and written off in the period, including the line item in the income statement in which the amounts written off are aggregated, if not readily apparent from the income statement. Also discloses (a) for amortizable intangibles assets in total and by major class, the gross carrying amount and accumulated amortization, the total amortization expense for the period, and the estimated aggregate amortization expense for each of the five succeeding fiscal years, (b) for intangible assets not subject to amortization the carrying amount in total and by major class, and (c) for goodwill, in total and for each reportable segment, the changes in the carrying amount of goodwill during the period (including the aggregate amount of goodwill acquired, the aggregate amount of impairment losses recognized, and the amount of goodwill included in the gain (loss) on disposal of a reporting unit). If any part of goodwill has not been allocated to a reportable segment, discloses the unallocated amount and the reasons for not allocating. For each impairment loss recognized related to an intangible asset (excluding goodwill), discloses: (a) a description of the impaired intangible asset and the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method for determining fair value, (c) the caption in the income statement or the statement of activities in which the impairment loss is aggregated, and (d) the segment in which the impaired intangible asset is reported. For each goodwill impairment loss recognized, discloses: (a) a description of the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method of determining the fair value of the associated reporting unit, and (c) if a recognized impairment loss is an estimate not finalized and the reasons why the estimate is not final. May also disclose the nature and amount of any significant adjustments made to a previous estimate of an impairment loss.

LONG-TERM DEBT

3 Months Ended

12 Months Ended

Mar. 31, 2014

Dec. 31, 2013

Debt Disclosure [Abstract]

LONG-TERM DEBT

NOTE 4 – LONG-TERM DEBT

Debt consists of the following:


	March 31,			December 31,
	2014			2013
Revolving Line of Credit	$	18,555		$	27,269
Various notes payable, maturing through December 2016; payable in various monthly installments, including interest rates ranging from 0.0% to 10.0%		820			757

		19,375			28,026
Less: current maturities		(268	)		(255	)

Long-term debt, less current maturities	$	19,107		$	27,771

We are a party to a revolving loan and security agreement with a lender (the “Credit Agreement”) (most recently amended on January 27, 2014). The Credit Agreement provides for a Revolving Line of Credit (the “LOC”) with a maximum limit of $50,000. The LOC is due May 4, 2016 with interest at either 1) the Eurodollar rate (“LIBOR”) or 2) the Alternate Base Rate (which approximates the Prime Rate), plus a margin based on the type of rate applied. We had $16,000 and $24,500 outstanding on the LOC at 1-month LIBOR including margin (2.25%) as of March 31, 2014 and December 31, 2013, respectively. We also had $2,555 and $2,769 outstanding on the LOC at the Alternate Base Rate including margin (4.25%) as of March 31, 2014 and December 2013, respectively.

The LOC permits borrowings based on a stated percentage of eligible accounts receivable and inventories. The borrowings on the LOC are also subject to a minimum availability reserve. We had additional available borrowings of $21,101 and $15,556 under our LOC as of March 31, 2014 and December 31, 2013, respectively. In addition, we are required to pay a monthly fee of 0.375% per annum on the average unused commitment under the LOC. Amounts outstanding under the Credit Agreement are collateralized by a first lien security position on all assets, including, but not limited to, all real estate, property, equipment, receivables and inventories.

The Credit Agreement also contains various restrictive non-financial covenants that include more frequent borrowing base reporting if the minimum availability falls below a certain threshold, and several limitations on specific changes that would result in incurring additional debts or pledging our assets, including restrictions on distributions to be made to our stockholders. The Credit Agreement also contains a provision that upon an event of default (as defined within the Credit Agreement), amounts outstanding under the LOC would bear interest at the rate as determined above plus 2%.

The Credit Agreement also allows us to issue Letters of Credit not to exceed $10,000 in the aggregate. To support our insurance programs, there were outstanding Letters of Credit of $7,175 as of March 31, 2014 and December 31, 2013, respectively.

NOTE 5 – LONG-TERM DEBT

Debt consists of the following:


	As of December 31,
	2012			2013
Revolving Lines of Credit	$	17,231		$	27,269

Various notes payable, maturing through December 2016; payable in various monthly installments, including interest rates ranging from 0.0% to 10.0%		660			757

		17,891			28,026
Less: current maturities		(186	)		(255	)

Long-term debt, less current maturities	$	17,705		$	27,771

We are a party to a revolving loan and security agreement with a lender (the “Credit Agreement”) (most recently amended in January, 2014). The Credit Agreement provides for a Revolving Line of Credit (the “LOC”) with a maximum limit of $50,000. The LOC is due May 4, 2016 with interest at either 1) the Eurodollar rate (“LIBOR”) or 2) the Alternate Base Rate (which approximates the Prime Rate), plus a margin based on the type of rate applied. We had $16,000 and $24,500 outstanding on the LOC at 1-month LIBOR including margin (2.25%—3.75%) as of December 31, 2012 and (2.25%) as of December 31, 2013. We also had $1,231 and $2,769 outstanding on the LOC at the Alternate Base Rate including margin (4.25%) as of December 31, 2012 and 2013, respectively.

The LOC permits borrowings based on a stated percentage of eligible accounts receivable and inventories. The borrowings on the LOC are also subject to a minimum availability reserve. We have available borrowings of $15,492 and $15,556 under our LOC as of December 31, 2012 and 2013, respectively. In addition, we are required to pay a monthly fee of 0.375% per annum on the average unused commitment under the LOC. Amounts outstanding under the Credit Agreement are collateralized by a first lien security position on all assets, including, but not limited to, all real estate, property, equipment, receivables and inventories.

The Credit Agreement also allows us to issue Letters of Credit not to exceed $10,000 in the aggregate. To support our insurance programs, there were outstanding Letters of Credit of $8,389, $7,278 and $7,175 as of December 31, 2011, 2012 and 2013, respectively.

IBP II was a party to a separate credit agreement with a different lender dated September 28, 2007 (as most recently amended on March 25, 2011). This credit agreement initially consisted of a revolving line of credit and a term loan. In March, 2011, certain of the then members of IBP II contributed $12,010 in the form of common members’ equity. These funds were then used to pay down amounts outstanding under the IBP II credit agreement. The IBP II credit agreement was fully repaid in connection with the Recapitalization. See Note 1, Organization and Recapitalization, for further details.

Aggregate maturities of long-term debt are as follows:


2014		255
2015		284
2016		27,487

	$	28,026

FAIR VALUE MEASUREMENTS

3 Months Ended

12 Months Ended

Mar. 31, 2014

Dec. 31, 2013

Fair Value Disclosures [Abstract]

FAIR VALUE MEASUREMENTS

NOTE 5 – FAIR VALUE MEASUREMENTS

Fair Values

Fair value is the price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date.

The standard establishes a fair value hierarchy that requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. The standard describes three levels of inputs that may be used to measure fair value:

Level 1: Quoted prices (unadjusted) for identical assets or liabilities in active markets that the entity has the ability to access as of the measurement date.

Level 2: Significant other observable inputs other than Level 1 prices such as quoted prices for similar assets or liabilities; quoted prices in markets that are not active; or other inputs that are observable or can be corroborated by observable market data.

Level 3: Significant unobservable inputs that reflect a reporting entity’s own assumptions about the assumptions that market participants would use in pricing an asset or liability.

Assets and Liabilities Measured at Fair Value on a Recurring Basis

Accounts receivable, accounts payable, and accrued liabilities as of March 31, 2014 and December 31, 2013 approximate their fair value due to the short-term maturities of these financial instruments. The carrying amounts of the long-term debt under the LOC approximates its fair value as of March 31, 2014 and December 31, 2013 due to the short term maturities of the underlying variable rate LIBOR agreements. This represents a Level 2 fair value measurement.

In many cases, a valuation technique used to measure fair value includes inputs from multiple levels of the fair value hierarchy. The lowest level of significant input determines the placement of the entire fair value measurement in the hierarchy. During the periods presented, there were no transfers between fair value hierarchical levels.

Our Redeemable Preferred Stock was redeemed in February 2014 with proceeds from our IPO, eliminating the associated Put Option. In addition, the redeemable feature of our Redeemable Common Stock was terminated upon the IPO. See Note 1, Organization, “2014 Initial Public Offering,” for further information. As such, corresponding fair values are zero as of March 31, 2014.


	December 31, 2013		Quoted prices in active markets Level 1		Significant other observable inputs Level 2		Significant unobservable inputs Level 3
Put option—Redeemable Preferred Stock	$	490	$	—	$	—	$	490
Redeemable Common Stock		81,010		—		—		81,010

Total items measured at fair value on a recurring basis	$	81,500	$	—	$	—	$	81,500

The following is a general description of the valuation methodologies used for liabilities and mezzanine equity (which includes preferred redeemable and common stock) items measured at fair value as of December 31, 2013:

Put option – Redeemable Preferred Stock – We identified a certain embedded feature in the Redeemable Preferred Stock that was required to be bifurcated and accounted for as a derivative. The identified put option allowed Redeemable Preferred stockholders to put their shares upon a change in control. The estimated fair value of the put option on Redeemable Preferred Stock was determined using our estimates of the probability of a change in control during each period the option was outstanding in combination with the accreted fair value of the Redeemable Preferred Stock during the option period. Those resulting probabilities would then be calculated at net present value.

Redeemable Common Stock – The estimated fair value of the redeemable feature of certain shares of our outstanding common stock was determined using a combination of discounted cash flows and market multiple approach modeling. The fair value was estimated using this method to mark the Redeemable Common Stock to market at each period end. The weighted average cost of capital (“WACC”) used was approximately 18% as of December 31, 2013.

Changes in the fair value of recurring fair value measurements using significant unobservable inputs (Level 3) for the three months ended March 31, 2014 were as follows (in thousands):


Balance as of December 31, 2013	$	81,500
Adjustments to fair value measurement impacting the Statement of Stockholders’ Deficit and Redeemable Instruments		8,357
Adjustments to fair value measurement impacting the Statement of Operations		(490	)
Termination of Redemption Feature on common stock and Put Option		(89,367	)

Balance as of March 31, 2014	$	—

The unrealized gain related to the put option liabilities is recorded within other (income) expense on the Condensed Consolidated Statements of Operations.

NOTE 6 – FAIR VALUE MEASUREMENTS

Fair Values

Level 1: Quoted prices (unadjusted) for identical assets or liabilities in active markets that the entity has the ability to access as of the measurement date.

Level 3: Significant unobservable inputs that reflect a reporting entity’s own assumptions about the assumptions that market participants would use in pricing an asset or liability.

Assets and Liabilities Measured at Fair Value on a Recurring Basis


	Balance as of December 31, 2012		Quoted prices in active markets Level 1		Significant other observable inputs Level 2		Significant unobservable inputs Level 3
Put option - Series A Preferred Stock	$	782	$	—	$	—	$	782
Redeemable Common Stock		17,246		—		—		17,246

Total items measured at fair value on a recurring basis	$	18,028	$	—	$	—	$	18,028


	Balance as of December 31, 2013		Quoted prices in active markets Level 1		Significant other observable inputs Level 2		Significant unobservable inputs Level 3
Put option - Series A Preferred Stock	$	490	$	—	$	—	$	490
Redeemable Common Stock		81,010		—		—		81,010

Total items measured at fair value on a recurring basis	$	81,500	$	—	$	—	$	81,500

The following is a general description of the valuation methodologies used for liabilities and mezzanine equity (which includes preferred redeemable and common stock) items measured at fair value:

Put option – Series A Preferred Stock – We identified a certain embedded feature in the Series A Preferred Stock that was required to be bifurcated and accounted for as a derivative. The identified put option allows Series A Preferred stockholders to put their shares upon a change in control. The estimated fair value of the put option on Series A Preferred Stock is determined using our estimates of the probability of a change in control during each period the option is outstanding in combination with the accreted fair value of the Series A Preferred Stock during the option period. Those resulting probabilities are then calculated at net present value. An increase in the probability of the change in control would increase the fair value of the embedded derivative.

Redeemable Common Stock – The estimated fair value of the redeemable feature of certain shares of our outstanding common stock is determined using a combination of discounted cash flows and market multiple approach modeling. The fair value is estimated using this method to mark the Redeemable Common Stock to market at each period end. The weighted average cost of capital (“WACC”) used was approximately 13% and 18% as of December 31, 2012 and 2013, respectively, and an increase in the WACC would decrease the fair value of the Redeemable Common Stock.

Changes in the fair value of recurring fair value measurements using significant unobservable inputs (Level 3) for the years ended December 31, 2012 and 2013 were as follows (in thousands):


Balance as of January 1, 2012	$	16,426
Adjustments to fair value measurement impacting the Statement of Stockholders’ Deficit and Redeemable Instruments		1,745
Adjustments to fair value measurement impacting the Statement of Operations		(143	)

Balance as of January 1, 2013		18,028
Adjustments to fair value measurement impacting the Statement of Stockholders’ Deficit and Redeemable Instruments		63,764
Adjustments to fair value measurement impacting the Statement of Operations		(292	)

Balance as of December 31, 2013	$	81,500

The unrealized gain related to the put option liabilities is recorded within other (income) expense on the Consolidated Statements of Operations.

Assets Measured at Fair Value on a Nonrecurring Basis

Certain assets are measured at fair value on a nonrecurring basis in periods subsequent to initial recognition. Assets measured at fair value on a nonrecurring basis during the years ended December 31, 2012 and 2013 are categorized based on the lowest level of significant input to the valuation. The assets were measured at fair value as our impairment assessment indicated a carrying value for each of the assets in excess of the asset’s estimated fair value. In some circumstances, the impairment assessment was performed as a result of a portion of the business being classified as a discontinued operation. Discounted cash flows, a Level 3 input, were utilized in determining estimated fair values. An intangible asset impairment related to continuing operations of $1,687 and $352 is included in net (loss) income attributable to common stockholders for the years ended December 31, 2011 and 2012, respectively. In 2011, the impairment charges also included $1,074 of impaired intangibles related to discontinued operations. There is no impairment loss for the year ended December 31, 2012 related to discontinued operations. Also, there is no impairment loss for the year ended December 31, 2013. See the “Impairment of Long-Lived Assets” caption of Note 2, Significant Accounting Policies, for more information.

The entire disclosure for the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments as well as disclosures related to the fair value of non-financial assets and liabilities. Such disclosures about the financial instruments, assets, and liabilities would include: (1) the fair value of the required items together with their carrying amounts (as appropriate); (2) for items for which it is not practicable to estimate fair value, disclosure would include: (a) information pertinent to estimating fair value (including, carrying amount, effective interest rate, and maturity, and (b) the reasons why it is not practicable to estimate fair value; (3) significant concentrations of credit risk including: (a) information about the activity, region, or economic characteristics identifying a concentration, (b) the maximum amount of loss the entity is exposed to based on the gross fair value of the related item, (c) policy for requiring collateral or other security and information as to accessing such collateral or security, and (d) the nature and brief description of such collateral or security; (4) quantitative information about market risks and how such risks are managed; (5) for items measured on both a recurring and nonrecurring basis information regarding the inputs used to develop the fair value measurement; and (6) for items presented in the financial statement for which fair value measurement is elected: (a) information necessary to understand the reasons for the election, (b) discussion of the effect of fair value changes on earnings, (c) a description of [similar groups] items for which the election is made and the relation thereof to the balance sheet, the aggregate carrying value of items included in the balance sheet that are not eligible for the election; (7) all other required (as defined) and desired information.

STOCKHOLDERS' DEFICIT AND REDEEMABLE INSTRUMENTS	3 Months Ended	12 Months Ended
STOCKHOLDERS' DEFICIT AND REDEEMABLE INSTRUMENTS	Mar. 31, 2014	Dec. 31, 2013
Equity [Abstract]
STOCKHOLDERS' DEFICIT AND REDEEMABLE INSTRUMENTS	NOTE 6 – STOCKHOLDERS’ EQUITY (DEFICIT) AND REDEEMABLE INSTRUMENTS In anticipation of our IPO, we amended our Certificate of Incorporation on February 10, 2014 to, among other things, authorize additional shares of common and preferred stock. Following our IPO, on February 25, 2014, we further amended our Certificate of Incorporation to delete references to the Redeemable Preferred Stock, all of which was repurchased with proceeds from our IPO and subsequently retired and cancelled. As of March 31, 2014, we had 100,000,000 shares of common stock authorized and 30,601,401 issued and outstanding, as well as 5,000,000 shares of preferred stock authorized with zero issued and outstanding, all with par value of $0.01 per share.	NOTE 7 – STOCKHOLDERS’ DEFICIT AND REDEEMABLE INSTRUMENTS As of December 31, 2011, we had 19,499,993 stock-split adjusted shares of common stock, authorized, issued and outstanding and 1,000 shares of Series A Preferred Stock, authorized, issued and outstanding, all with par value of $0.01. In August 2012, we amended our Certificate of Incorporation to authorize 33,050,862 shares of Common Stock. As of December 31, 2012, we had 22,033,901 stock-split adjusted shares of common stock issued and outstanding and 1,000 shares of Series A Preferred Stock issued and outstanding all with par value of $0.01. During 2012, 2,533,908 shares of common stock were issued to the previous members of a business acquired. See Note 12, Business Combinations, for further details. As of December 31, 2013, we had 22,033,901 stock-split adjusted shares of common stock issued and outstanding and 1,000 shares of Series A Preferred Stock, authorized, issued and outstanding, all with par value of $0.01. Redeemable Instruments: The Series A Preferred Stock carries an optional redemption feature and can be redeemed, at the election of the holder, any time on or after July 31, 2016, but prior to July 31, 2021, at an amount equal to $75,735, three times the original issue price of $25,245, plus accrued dividends, if any (the “Redemption Price”). If the optional redemption is exercised and we are unable to settle the obligation with the holder, then dividends accrue at a rate of 25% on the portion of shares not redeemed. We may, at its election prior to the optional redemption date, redeem the shares of Series A Preferred Stock at the Redemption Price. As the redemption of the preferred shares is dependent on the passage of time, we have elected to accrete to the Redemption Price the value of the Series A Preferred Stock using the interest method, over the period from the issuance date until the earliest redemption date (July 31, 2016). This stock was redeemed in February 2014 with proceeds from our IPO. See Note 1, Organization and Recapitalization, “2014 Initial Public Offering,” and Note 15, Subsequent Events, for further details. One of our stockholders who owns 5,850,000 shares of Redeemable Common Stock has put rights that require us to repurchase its shares beginning in April 2019 at fair value determined at the redemption date. As the redemption price is equivalent to the fair value of the instrument, we adjust the carrying value of the Redeemable Common Stock to its fair value with an adjustment to equity. We also have a right to call 975,000 of these shares, at par value, before December 31, 2014 if we redeem all of the Series A Preferred Stock prior to that date. These put and call rights terminated upon our initial public offering of common stock. The redemption of this stock resulted in conversion of mezzanine status into stockholders’ equity. See Note 15, Subsequent Events, for further information. Upon dissolution of the Company and payment of all indebtedness to creditors, preferred stockholders are entitled to receive distributions for their preferred shares up to the Redemption Price prior to common stockholders.

The entire disclosure for shareholders' equity comprised of portions attributable to the parent entity and noncontrolling interest, including other comprehensive income. Includes, but is not limited to, balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings, accumulated balance for each classification of other comprehensive income and amount of comprehensive income.

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RELATED PARTY TRANSACTIONS

EMPLOYEE BENEFITS	3 Months Ended	12 Months Ended
EMPLOYEE BENEFITS	Mar. 31, 2014	Dec. 31, 2013
Postemployment Benefits [Abstract]
EMPLOYEE BENEFITS	NOTE 7 – EMPLOYEE BENEFITS Our healthcare benefit expense (net of employee contributions) was approximately $2,612 and $2,001 for the three months ended March 31, 2014 and 2013, respectively for all plans. An accrual for estimated healthcare claims incurred but not reported (“IBNR”) is included within accrued compensation on the Condensed Consolidated Balance Sheets and was $1,013 and $913 as of March 31, 2014 and December 31, 2013, respectively. Workers’ compensation expense totaled $1,585 and $1,460 for the three months ended March 31, 2014 and 2013, respectively. Workers’ compensation known claims and IBNR reserves included in other current liabilities on the accompanying balance sheets totaled $1,660 as of March 31, 2014 and December 31, 2013. Workers’ compensation known claims and IBNR reserves included in other long-term liabilities on the accompanying balance sheets totaled $4,556 and $4,260 as of March 31, 2014 and December 31, 2013, respectively. Accrued insurance reserves included in other current liabilities on the accompanying balance sheets totaled $1,012 as of March 31, 2014 and December 31, 2013. Accrued insurance reserves included in other long-term liabilities on the accompanying balance sheets totaled $4,163 and $3,266 as of March 31, 2014 and December 31, 2013, respectively. We also had an insurance receivable for a claim that exceeded the stop loss limit and is in included in other long-term assets on the face of the Condensed Consolidated Balance Sheets. That receivable offsets an equal liability included within the reserve amounts noted above and totaled $2,710 and $2,055 as of March 31, 2014 and December 31, 2013, respectively.	NOTE 8 – EMPLOYEE BENEFITS We participate in multiple healthcare plans, one of which is held and administered by a trust that is a related party. This plan is partially self-funded with an insurance company paying benefits in excess of stop loss limits per individual. Our healthcare benefit expense (net of employee contributions) was approximately $5,199, $5,744 and $7,954 for the years ended December 31, 2011, 2012 and 2013, respectively for all plans. An accrual for estimated healthcare claims incurred but not reported (“IBNR”) is included within accrued compensation on the Consolidated Balance Sheets and was $663 and $913 as of December 31, 2012 and 2013, respectively. We participate in multiple workers’ compensation plans. Under these plans, we use a high deductible program to cover losses above the deductible amount on a per claim basis. We accrue for the estimated losses occurring from both asserted and un-asserted claims. Workers’ compensation liability for premiums is included in other current liabilities on the Consolidated Balance Sheets. Insurance claims and reserves include accruals of estimated settlements for known claims, as well as accruals of actuarial estimates of IBNR. In estimating these reserves, historical loss experience and judgments about the expected levels of costs per claim are considered. These claims are accounted for based on actuarial estimates of the undiscounted claims, including those claims incurred but not reported. We believe the use of actuarial methods to account for these liabilities provides a consistent and effective way to measure these highly judgmental accruals. Workers’ compensation expense totaled $3,092, $4,043 and $5,910 for the years ended December 31, 2011, 2012 and 2013, respectively. As of December 31, 2012 and 2013, respectively, workers’ compensation known claims and IBNR reserves totaled $4,570 and $5,920 and are included in both other current and other long-term liabilities on the accompanying balance sheets. Other current and other long-term liabilities also include $3,430 and $4,278 of accrued insurance reserves as of December 31, 2012 and 2013, respectively. We also had an insurance receivable for a claim that exceeded the stop loss limit and is in included in other long-term assets on the face of the Consolidated Balance Sheets. That receivable offsets an equal liability included within the reserve amount noted above and totaled $1,777 and $2,055 as of December 31, 2012 and 2013, respectively. We also participate in various profit-sharing and 401(k) plans. Certain plans provide that eligible employees can defer a portion of their wages into the trust, subject to current Internal Revenue Code rules and limitations. We provide a matching contribution of wages deferred by employees and can also make discretionary contributions to each plan. Certain plans allow for discretionary employer contributions only. These plans cover substantially all our eligible employees. During the years ended December 31, 2011, 2012 and 2013, we matched employee contributions under certain plans, resulting in administrative expenses of $95, $529 and $695, respectively.

INCOME TAXES

3 Months Ended

12 Months Ended

Mar. 31, 2014

Dec. 31, 2013

Income Tax Disclosure [Abstract]

INCOME TAXES

NOTE 8 – INCOME TAXES

Our provision for income taxes as a percentage of pretax earnings (“effective tax rate”) is based on a current estimate of the annual effective income tax rate adjusted to reflect the impact of discrete items.

During the three months ended March 31, 2014, the effective tax rate for continuing operations was 46.6 percent. This rate was unfavorably impacted by separate tax filing entities in a loss position for which a full valuation allowance will be accounted for against the losses.

NOTE 9 – INCOME TAXES

As part of the Recapitalization in 2011 described in Note 1, Organization and Recapitalization, both IBHL and IBHL II membership interests were contributed to the subsidiaries of IBP. The previous members are no longer members of IBHL or IBHL II. Given the greater than 50% change in ownership, there was a technical termination of the partnerships, including certain lower tier partnerships under the federal tax law. The ownership change resulted in a full limitation of the net operating loss carryforward attributes of the subsidiary C-corporations. As a result, the Company wrote off the net operating loss deferred tax assets, which had been previously fully reserved.

Upon formation of IBP, we recorded a deferred tax liability (“DTL”) for the difference in the book basis and tax basis of IBP’s investment in IBP I and IBP II. The change in basis and the requirement to be taxed as a C-corporation resulted from the transfer of partnership interests at the member level. The resulting initial recognition of deferred tax assets and liabilities resulting from the Recapitalization of $11,285 has been recorded directly to equity.

Prior to this change, the subsidiary C-corporations were the only tax filing entities required to record tax expense and deferred tax assets and liabilities. As shown in the effective tax rate reconciliation, the recapitalization and change in the valuation allowance were the main drivers of the effective tax rate for 2011, which was significantly lower than the 2011 statutory tax rate and the 2012 effective tax rate.

As of December 31, 2013 our tax years for 2010, 2011, and 2012 are subject to examination by the tax authorities.

The provision for income taxes from continuing operations is comprised of:


	Years ended
	December 31,
	2011			2012			2013
Current:
Federal	$	2,035		$	1,213		$	5,289
State		232			194			677

		2,267			1,407			5,966
Deferred:
Federal		(755	)		(794	)		(1,554	)
State		(63	)		(58	)		(196	)

		(818	)		(852	)		(1,750	)

Total tax expense	$	1,449		$	555		$	4,216

The reconciliation between our effective tax rate on (loss) income from continuing operations and the federal statutory tax rate is as follows:


	Years ended December 31,
	2011					2012					2013
Income tax at federal statuatory rate	$	(2,009	)	35.0	%	$	(1,309	)	35.0	%	$	3,799		35.0	%
Non-deductible loss from flow through entities prior to Recapitalization		888		(15.5	%)		—		0.0	%		—		0.0	%
Loss of tax attributes resulting from Recapitalization		9,878		(172.1	%)		—		0.0	%		—		0.0	%
Extinguishment of debt		355		(6.2	%)		—		0.0	%		—		0.0	%
Stock Compensation		273		(4.8	%)		1,581		(42.3	%)		(97	)	(0.9	%)
Section 199 Deduction		—		0.0	%		(268	)	7.2	%		(454	)	(4.2	%)
Other non-deductible expenses		76		(1.1	%)		262		(7.0	%)		7		0.1	%
Change in valuation allowance		(8,239	)	143.5	%		214		(5.7	%)		647		6.0	%
Interest and penalties on uncertain tax positions		118		(2.1	%)		56		(1.5	%)		—		0.0	%
State income taxes, net of federal benefit		109		(1.9	%)		19		(0.5	%)		314		2.9	%

Total tax expense	$	1,449		(25.2	%)	$	555		(14.8	%)	$	4,216		38.9	%

Components of the net deferred tax asset or liability are as follows:


	At December 31,			At December 31,
	2012			2013
Deferred Tax Assets
Current
Accrued reserves and allowances	$	705		$	86
Inventories		46			55

Current deferred tax assets		751			141

Long-term
Property and equipment		—			1
Net operating loss carryforwards		688			1,297

Long-term deferred tax assets		688			1,298

Total deferred tax assets		1,439			1,439

Less: Valuation allowance		(228	)		(885	)


Net deferred tax assets		1,211			554

Deferred Tax Liabilities
Current
Accrued reserves and allowances		—			(29	)
Other		—			(67	)

Current deferred tax liabilities		—			(96	)

Long-term
Property and equipment		(61	)		(86	)
Intangibles		(529	)		(374	)
Investment in partnership		(11,932	)		(9,554	)
Other		(64	)		—

Long-term deferred tax liabilities		(12,586	)		(10,014	)

Total deferred tax liabilities		(12,586	)		(10,110	)


Net deferred tax liabilities	$	(11,375	)	$	(9,556	)

As of December 31, 2013, we have federal and state income tax net operating loss (NOL) carryforwards of $1,297. Due to the IRS Section 382 elimination of NOLs generated prior to the Recapitalization, the earliest expiration date is 2030.

Valuation Allowance

We assess the available positive and negative evidence to estimate if sufficient future taxable income will be generated to utilize the existing deferred tax assets on a jurisdiction and by tax filing entity basis. A significant piece of objective negative evidence evaluated is cumulative losses incurred over the most recent three year period. Such objective evidence limits the ability to consider other subjective positive evidence such as our projections for future growth.

Based on this evaluation, a valuation allowance has been recorded as of December 31, 2012 and 2013 for the net deferred tax assets recorded on certain of our wholly owned subsidiaries. Such deferred tax assets relate primarily to net operating losses that are not more likely than not realizable. However, the amount of the deferred tax asset considered realizable could be adjusted if estimates of future taxable income during the carryforward period change, or if objective negative evidence in the form of cumulative losses is no longer present. Additional weight may be given to subjective evidence such as our projections for growth in this situation.

Uncertain Tax Positions

We are subject to taxation in the United States and various state jurisdictions. As of December 31, 2013 our tax years for 2010, 2011, and 2012 are subject to examination by the tax authorities. We have unrecognized tax benefits related to temporary items. A rollforward of the gross unrecognized tax benefits is as follows:


Unrecognized tax benefit, January 1, 2012	$	924
Increase as a result of tax positions taken during the period		945
Decrease as a result of tax positions taken during the period		(504	)

Unrecognized tax benefit, December 31, 2012		1,365
Increase as a result of tax positions taken during the period		891
Decrease as a result of tax positions taken during the period		(945	)

Unrecognized tax benefit, December 31, 2013	$	1,311

These unrecognized benefits result from the difference in taxable income calculated at the time of the return versus calculated per the provision. We expect a reversal of approximately $891 of our unrecognized tax benefit because of unrecognized benefits relating to temporary items that will reverse in the next twelve months. $559 of the unrecognized tax benefits, if recognized, would affect the effective tax rate.

Interest expense and penalties accrued related to uncertain tax positions for the years ended December 31, 2011, 2012 and 2013 are not significant.

Determining uncertain tax positions and the related estimated amounts requires judgment and carry estimation risk. If future tax law changes or interpretations should come to light, or additional information should become known, our conclusions regarding unrecognized tax benefits may change.

RELATED PARTY TRANSACTIONS

3 Months Ended

12 Months Ended

Mar. 31, 2014

Dec. 31, 2013

NOTE 9 – RELATED PARTY TRANSACTIONS

We sell installation services to other companies related through common or affiliated ownership. We also purchase services and materials and pay rent to companies with common or related ownership.

We lease our headquarters and other facilities from certain related parties. See Note 10, Commitments and Contingencies, for future minimum lease payments to be paid to these related parties.

For the three months ended March 31, 2014 and 2013, the amount of sales to common or related parties as well as the purchases from and rent expense paid to these common or related parties were as follows:


	2014		2013
Sales	$	414	$	246
Purchases		1,172		3,124
Rent		145		171

In connection with our acquisition of TCI Contracting, LLC (“TCI”) in 2012, we entered into a new supplier relationship wherein that supplier became a related party as a result of the acquisition. Related party purchases made from this supplier during the three months ended March 31, 2014 and 2013 were $1,089 and $3,085, respectively, and are included in total related party purchases in the preceding table.

The Company maintains a receivable from IBP Holding Company in the amount of approximately $600 as of March 31, 2014. The receivable represents amounts owed to us for wages and related expenses paid by the Company during 2011 to former employees of IBP Holding Company. See Item 8. Financial Statements and Supplementary Data, Note 1, Organization and Recapitalization, to our audited consolidated financial statements included elsewhere in this prospectus, for further information on IBP Holding Company.

NOTE 10 – RELATED PARTY TRANSACTIONS

The Company previously paid management fees to IBP Holdings, LLC for corporate support functions under a management fee agreement. These fees totaled $4,760 for the year ended December 31, 2011. As part of the Recapitalization on November 4, 2011 (see Note 1, Organization and Recapitalization), this management agreement was canceled. In December 2012, we entered into a management services and fee agreement and made a payment of $4,300 for management fees to certain related parties for management services. Pursuant to this agreement, the board of directors annually determined whether a management fee would be paid as well as the amount of that fee. The agreement was terminated on October 22, 2013.

We sell installation services to other companies related through common or affiliated ownership. We also purchase services and materials and pay rent to companies with common or related ownership.

We lease our headquarters and other facilities from certain related parties. See Note 11, Commitments and Contingencies, for future minimum lease payments to be paid to these related parties.

For the years ended December 31, 2011, 2012 and 2013, the amount of sales to common or related parties as well as the purchases from and rent expense paid to these common or related parties are as follows:


	Years ended December 31,
	2011		2012		2013
Sales	$	2,704	$	1,689	$	1,188
Purchases		610		3,668		10,292
Rent		158		288		671

In connection with our acquisition of TCI in 2012, we entered into a new supplier relationship wherein that supplier became a related party as a result of the acquisition. Related party purchases made from this supplier during the years ended December 31, 2012 and 2013 were $743 and $10,126, respectively, and are included in total related party purchases in the preceding table. Refer to “TCI” within Note 12, Business Combinations, for additional information on this acquisition.

We prepaid certain health insurance premiums and claims to Edwards Employee Benefits Trust, a related party to us. This Trust pays these premiums and claims to a third party on our behalf. The related party prepaid expense balance at December 31, 2012 is $396 and is included in Other Current Assets on the Consolidated Balance Sheet. There is no related party prepaid expense balance at December 31, 2013.

Pursuant to an Individual Guaranty Agreement and a Guaranty Agreement, each dated as of October 22, 2012, certain of our investors guaranteed our letter of credit reimbursement obligations to Bank of America, N.A. in connection with letters of credit issued by Bank of America, N.A. to support our workers compensation policies. Such letters of credit are currently issued under our existing credit facility and these guarantees were terminated on July 30, 2013. In addition, one of our investors guaranteed certain reimbursement obligations of ours under certain performance and licensing bonds issued by sureties on behalf of us in the ordinary course of business. These bonds are being replaced as they expire with bonds that do not require any guarantee. These obligations were not direct guarantees of us and were terminated as of January, 2014.

The Company maintains a receivable from IBP Holding Company, Inc. in the amount of approximately $600 as of December 31, 2012 and 2013. The receivable represents amounts owed to us for wages and related expenses paid by the Company during 2011 to former employees of IBP Holding Company, Inc.

The entire disclosure for related party transactions. Examples of related party transactions include transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners; and (d) affiliates.

Commitments And Contingencies Disclosure [Abstract]

COMMITMENTS AND CONTINGENCIES

3 Months Ended

12 Months Ended

Mar. 31, 2014

Dec. 31, 2013

COMMITMENTS AND CONTINGENCIES

NOTE 10 – COMMITMENTS AND CONTINGENCIES

Leases

We are obligated under capital leases covering vehicles and certain equipment. Total assets relating to capital leases were $57,776 and $54,004 as of March 31, 2014 and December 31, 2013, respectively, and a total of $21,276 and $22,160 were fully depreciated as of March 31, 2014 and December 31, 2013, respectively. The vehicles and equipment leases generally have terms ranging from four to six years. The net book value of assets under capital leases was $26,219 and $23,623 as of March 31, 2014 and December 31, 2013, respectively, net of accumulated depreciation of $31,557 and $30,382, respectively. Amortization of assets held under capital leases is included within cost of sales on the Condensed Consolidated Statements of Operations.

We also have several noncancellable operating leases, primarily for buildings, improvements, equipment, and certain vehicles. These leases generally contain renewal options for periods ranging from one to five years and require us to pay all executory costs such as property taxes, maintenance and insurance.

In some instances, lease agreements exist with related parties. Future minimum lease payments under noncancellable operating leases (with initial or remaining lease terms in excess of one year) with related parties as of March 31, 2014 are as follows (amounts are as of the fiscal year ended):


Remainder of 2014	$	412
2015		495
2016		400
2017		158
2018		34
Thereafter		—

Supply Contract Commitments

As of March 31, 2014, we had two product supply contracts with minimum purchase requirements at market rates. Our obligations for a contract extending through December 31, 2014 are shown in the table below. Our obligations for a contract extending through August 31, 2017 are based on quantity without a specific rate applied and therefore is not quantifiable. The contract commitments are disclosed in the table below. We expect our quantity purchases to exceed the minimum quantity commitments for all years covered by the contracts. Actual purchases made under the contracts for the three months ended March 31, 2014 and 2013 were $8,452 and $6,319, respectively. Purchase obligations under the contracts as of March 31, 2014 were as follows:


	Payments due by year:
	Total		Remainder of 2014		2015		2016		2017		2018		Thereafter
Purchase obligations	$	3,489	$	3,489	$	—	$	—	$	—	$	—	$	—

Other Commitments and Contingencies

From time to time, various claims and litigation are asserted or commenced against us principally arising from contractual and tort matters and personnel and employment disputes. In determining loss contingencies, management considers the likelihood of loss as well as the ability to reasonably estimate the amount of such loss or liability. An estimated loss is recorded when it is considered probable that such a liability has been incurred and when the amount of loss can be reasonably estimated. It is not certain that we will prevail in these matters. However, we do not believe that the ultimate outcome of any pending matters will have a material adverse effect on our consolidated financial position, results of operations or cash flows.

A class action lawsuit was filed in February, 2013 and an amended complaint was filed in May, 2013 in the Superior Court of King County, Washington, involving Installed Building Products II, LLC alleging violations of Washington State wage and hour laws for failure to pay prevailing and minimum wage and overtime wages. The plaintiffs were former insulation installers for Installed Building Products II, LLC, one of our subsidiaries, in Washington who sought to represent all similarly situated workers. They sought all unpaid wages, along with litigation costs and fees.

A lawsuit was filed in July, 2013 in federal court in the Middle District of Tennessee against one of our subsidiaries, TCI d/b/a Installed Building Products of Nashville, alleging unpaid overtime and failure to pay lawful wages under federal law, Tennessee common law and in unjust enrichment and in breach of an alleged contract. The named plaintiffs were former insulation installers in Nashville. The plaintiffs sought to have this case certified as a collective action under the Federal Fair Labor Standards Act and as a class action under Tennessee law. They sought reimbursement of the overtime wages for all time worked over forty hours each week, as well as liquidated damages and litigation costs and fees.

Both lawsuits were settled in January 2014 and approved by the court by April, 2014 for a total cost of approximately $1,407. Approximately $1,000 and $1,200 of this cost was recorded as an accrued expense included in other current liabilities on our Condensed Consolidated Balance Sheet as of March 31, 2014 and December 31, 2013, respectively.

NOTE 11 – COMMITMENTS AND CONTINGENCIES

Leases

We are obligated under capital leases covering vehicles and certain equipment. Total assets relating to capital leases were $39,364 and $54,004 as of December 31, 2012 and 2013, respectively, and a total of $23,033 and $22,160 were fully depreciated as of December 31, 2012 and 2013, respectively. The vehicles and equipment leases generally have terms ranging from four to six years. The net book value of assets under capital leases was $12,694 and $23,623 as of December 31, 2012 and 2013, respectively, net of accumulated depreciation of $26,670 and $30,382, respectively. Amortization of assets held under capital leases is included with depreciation expense on the Consolidated Statements of Operations.

Future minimum lease payments under noncancellable operating leases (with initial or remaining lease terms in excess of one year) and future minimum capital lease payments as of December 31, 2013 are as follows:


	Capital leases			Operating Leases
				Related party		Other		Total Operating
2014	$	8,789		$	557	$	4,806	$	5,363
2015		7,224			495		3,197		3,692
2016		4,858			400		2,257		2,657
2017		2,566			158		1,306		1,464
2018		917			34		969		1,003
Thereafter		49			—		2,064		2,064

		24,403		$	1,644	$	14,599	$	16,243

Less: Amounts representing interest		(2,370	)

Total obligation under capital leases		22,033
Less: Current portion of capital leases		(7,663	)

Long term capital lease obligation	$	14,370

Total rent expense under these operating leases for the years ended December 31, 2011, 2012 and 2013 was $5,906, $6,343 and $7,171, respectively, which is included in the Consolidated Statements of Operations as follows:


	Year Ended December 31,
	2011		2012		2013
Cost of Sales	$	382	$	435	$	573
Selling		173		113		32
Administrative		5,351		5,795		6,566

Total	$	5,906	$	6,343	$	7,171

Supply Contract Commitments

As of December 31, 2012 and 2013, we had two product supply contracts with minimum purchase requirements at market rates. Our obligations for the contract extending through December 31, 2014 are shown in the table below. Our obligations for the contract extending through August 31, 2017 is based on quantity without a specific rate applied and therefore is not quantifiable. The contract commitments are disclosed in the table below. We expect our quantity purchases to exceed the minimum quantity commitments for all years covered by the contracts. Actual purchases made under the contracts for the years ended December 31, 2012 and 2013 were $13,804 and $25,884, respectively. Purchase obligations under the contracts as of December 31, 2013 were as follows:


	Payments due by period
	Total		Less than 1 year		1-3 years		3-5 years		More than 5 years

Purchase Obligations	$	5,000	$	5,000	$	—	$	—	$	—

Other Commitments and Contingencies

A class action lawsuit was filed in February, 2013 and an amended complaint was filed in May, 2013 in the Superior Court of King County, Washington, involving Installed Building Products II, LLC alleging violations of Washington State wage and hour laws for failure to pay prevailing and minimum wage and overtime wages. The plaintiffs are former insulation installers for Installed Building Products II, LLC, one of our subsidiaries, in Washington who seek to represent all similarly situated workers. They seek all unpaid wages, along with litigation costs and fees.

A lawsuit was filed in July, 2013 in federal court in the Middle District of Tennessee against one of our subsidiaries, TCI Contracting, LLC (“TCI”) d/b/a Installed Building Products of Nashville, alleging unpaid overtime and failure to pay lawful wages under federal law, Tennessee common law and in unjust enrichment and in breach of an alleged contract. The named plaintiffs are former insulation installers in Nashville. The plaintiffs seek to have this case certified as a collective action under the Federal Fair Labor Standards Act and as a class action under Tennessee law. They seek reimbursement of the overtime wages for all time worked over forty hours each week, as well as liquidated damages and litigation costs and fees.

Both lawsuits were settled, with the lawsuit in Washington subject to court approval, in January 2014 for a total cost of approximately $1,407, and are included in administrative expenses on our Consolidated Statement of Operations for the year ended December 31, 2013. As of December 31, 2013, $1,200 of this cost is recorded as an accrued expense included in other current liabilities on our Consolidated Balance Sheet.

From time to time, various claims and litigation are asserted or commenced against us principally arising from contractual matters and personnel and employment disputes. In determining loss contingencies, management considers the likelihood of loss as well as the ability to reasonably estimate the amount of such loss or liability. An estimated loss is recorded when it is considered probable that such a liability has been incurred and when the amount of loss can be reasonably estimated. It is not certain that we will prevail in these matters. However, we do not believe that the ultimate outcome of any pending matters will have a material adverse effect on our consolidated financial position, results of operations or cash flows.

BUSINESS COMBINATIONS

3 Months Ended

12 Months Ended

Mar. 31, 2014

Dec. 31, 2013

Business Combinations [Abstract]

BUSINESS COMBINATIONS

NOTE 11 – BUSINESS COMBINATIONS

As part of our ongoing strategy to increase market share in certain markets, we acquired Ace Insulation Contractors, Inc. (“Ace”) during the three months ended March 31, 2013 and U.S. Insulation during the three months ended March 31, 2014.

Ace

On March 16, 2013, we acquired 100% of the membership interests of Ace. The purchase price consisted of cash of $687 and a seller obligation for $300. Ace was combined with another existing branch and as such, we are unable to differentiate the results of operations between Ace and the existing branch for the three months ended March 31, 2014 or 2013.

U.S. Insulation

On March 24, 2014 we acquired 100% of the common stock of U.S. Insulation. The purchase price consisted of cash of $2,006 and a seller obligation for $279. Since the closing date was close to the end of the current period, revenue and expenses included in our Condensed Consolidated Statement of Operations for the three months ended March 31, 2014 were not significant. The table below summarizes the fair values of the assets acquired and the liabilities assumed.

The estimated fair values of the assets acquired and liabilities assumed for the acquisitions approximated the following:


	Ace			U.S. Insulation
Accounts receivable	$	213		$	1,122
Inventory		14			234
Other current assets		—			105
Property and equipment		263			520
Intangibles		1,106			846
Goodwill		—			1,217
Accounts payable and accrued expenses		(609	)		(1,362	)
Deferred tax liability		—			(397	)

Total purchase price	$	987		$	2,285

Seller obligations	$	300		$	279
Cash paid		687			2,006

Total purchase price	$	987		$	2,285

Estimates of acquired intangible assets related to the acquisitions are as follows:


	Ace				U.S. Insulation
Acquired intangibles assets	Estimated Fair Value		Weighted Average Estimated Useful Life (yrs)		Estimated Fair Value		Weighted Average Estimated Useful Life (yrs)
Customer relationships	$	826		10	$	546		10
Trademarks and trade names		280		15		216		15
Non-competition agreements		—		—		84		5

Pro Forma Information

The unaudited pro forma information has been prepared as if the 2014 acquisitions had taken place on January 1, 2013 and the 2013 acquisitions had taken place on January 1, 2012. The unaudited pro forma information is not necessarily indicative of the results that we would have achieved had the transactions actually taken place on January 1, 2013 and 2012, and the unaudited pro forma information does not purport to be indicative of future financial operating results.


	Pro forma for the three months ended March 31,
	2014			2013
Net revenue	$	107,989		$	94,621
Net income (loss)		518			(606	)
Net loss attributable to common stockholders		(19,379	)		(2,093	)
Net loss per share attributable to common stockholders (basic and diluted)		(0.75	)		(0.09	)

Unaudited pro forma net income has been calculated after adjusting the combined results of the Company to reflect additional intangible asset amortization expense of $21 and $47 for the three months ended March 31, 2014 and 2013, respectively.

NOTE 12 – BUSINESS COMBINATIONS

As part of our ongoing strategy to increase market share in certain markets, we acquired TCI and Accurate Building Products Inc. (“Accurate”) during the year ended December 31, 2012. We acquired Ace Insulation (“Ace”) and KMB Contracting Services, Inc. (“KMB”) during the year ended December 31, 2013.

TCI

On August 31, 2012 we acquired 100% of the outstanding membership interest of TCI and 87.5% of the issued and outstanding capital stock of a subsidiary of TCI. Simultaneous with the purchase of TCI, IBP purchased the remaining 12.5% of issued and outstanding capital stock of the subsidiary for $571, which was paid in the form of a seller note.

The purchase price consisted of 11.5% (or 2,533,908 shares, which is the number of shares after a 19.5-for-one stock split of our common stock) of IBP common stock, which was valued at $4,100 at the date of the transaction. See Note 1, Organization and Recapitalization, “2014 Initial Public Offering (IPO),” for further information on the stock split.

The results of operations of the business and its subsidiary are included in the Consolidated Financial Statements from August 31, 2012, the date of acquisition. The revenue and net loss of TCI since the acquisition date included in our Consolidated Statement of Operations for the year ended December 31, 2012 were $12,354 and ($1,144), respectively.

Accurate

On November 16, 2012, we acquired 100% of the membership interests of Accurate. The purchase price consisted of cash of $1,198 and a note for $80. The revenue and net income of Accurate since the date of acquisition included in our Consolidated Statement of Operations for the year ended December 31, 2012 were $1,743 and $126, respectively.

Ace

On March 16, 2013 we acquired 100% of the membership interests of Ace. The purchase price consisted of cash of $687 and a note for $300. It is impracticable for us to determine the revenue and net income (loss) of Ace since the acquisition date included in our Consolidated Statement of Operations for the year ended December 31, 2013 because Ace was combined with another existing branch. We are unable to differentiate the results of operations between Ace and the existing branch after the combination.

KMB

On November 1, 2013 we acquired 100% of the membership interests of KMB. The purchase price consisted of cash of $494 and a seller obligation of $80. It is impracticable for us to determine the revenue and net income (loss) of KMB since the acquisition date included in our Consolidated Statement of Operations for the year ended December 31, 2013 because KMB was combined with another existing branch. We are unable to differentiate the results of operations between KMB and the existing branch after the combination.

The estimated fair values of the assets acquired and liabilities assumed for the acquisitions approximated the following:


	TCI			Accurate			ACE			KMB
Cash	$	317		$	58		$	—		$	—
Accounts receivable		3,880			1,606			213			—
Inventory		1,984			564			14			54
Note receivable		—			171			—			—
Other current assets		244			47			—			37
Property and equipment		285			183			263			75
Intangibles		4,390			1,123			1,106			226
Goodwill		834			—			—			182
Accounts payable and accrued expenses		(5,815	)		(2,037	)		(609	)		—
Deferred tax liability		(1,387	)		—			—			—
Long-term debt		(61	)		(437	)		—			—

Total purchase price	$	4,671		$	1,278		$	987		$	574


Fair value of common stock issued	$	4,100		$	—		$	—		$	—
Seller obligations		571			80			300			80
Cash paid		—			1,198			687			494

Total purchase price	$	4,671		$	1,278		$	987		$	574

Estimates of acquired intangible assets related to the acquisitions are as follows:


	TCI				Accurate				Ace				KMB
Acquired intangibles assets	Estimated Fair Value		Weighted Average Estimated Useful Life (yrs)		Estimated Fair Value		Weighted Average Estimated Useful Life (yrs)		Estimated Fair Value		Weighted Average Estimated Useful Life (yrs)		Estimated Fair Value		Weighted Average Estimated Useful Life (yrs)
Customer relationships	$	2,500		10	$	741		10	$	826		10	$	146		10
Trademarks and trade names		1,820		8		247		15		280		15		58		15
Non-competition agreements		70		2		135		3		—		—		22		5

Pro Forma Information (unaudited)

The unaudited pro forma information has been prepared as if the 2012 acquisitions had taken place on January 1, 2011 and the 2013 acquisitions had taken place on January 1, 2012. The unaudited pro forma information is not necessarily indicative of the results that we would have achieved had the transactions actually taken place on January 1, 2012 and 2011, and the unaudited pro forma information does not purport to be indicative of future financial operating results.


	Pro Forma for the years ended December 31,
	2011			2012			2013

Net revenue	$	277,834		$	334,885		$	432,569
Net (loss) income		(13,951	)		(3,499	)		5,925
Net income (loss) attributable to common shareholders		68,657			(9,028	)		(298	)
Net income (loss) per share attributable to common shareholders (basic and diluted)		3.12			(0.41	)		(0.01	)

Unaudited pro forma net (loss) income has been calculated after adjusting our consolidated results to reflect additional intangible asset amortization expense of $648, $567 and $17 for the years ended December 31, 2011, 2012 and 2013, respectively.

The entire disclosure for a business combination (or series of individually immaterial business combinations) completed during the period, including background, timing, and recognized assets and liabilities. The disclosure may include leverage buyout transactions (as applicable).

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Discontinued Operations And Disposal Groups [Abstract]

DISCONTINUED OPERATIONS

12 Months Ended

Dec. 31, 2013

DISCONTINUED OPERATIONS

NOTE 13 – DISCONTINUED OPERATIONS

During the year ended December 31, 2011, we made the decision to close the following six branches: Tyler, Texas; Augusta, Georgia; Jacksonville, Florida; Salt Lake City, Utah; Philadelphia, Pennsylvania; and Phoenix, Arizona. During the year ended December 31, 2012, we made the decision to close our branches in Erie, Pennsylvania and Knoxville, Tennessee. During the year ended December 31, 2013, we made the decision to close our branches in Oklahoma City, Oklahoma and Williston, North Dakota along with our distribution facility in Hebron, Ohio. We have presented the operations of these closed branches as discontinued operations in the Consolidated Statements of Operations for the years ended December 31, 2011, 2012 and 2013.

All closures made during the years ended December 31, 2011, 2012 and 2013 were made in order to optimize capital and resource allocations and enhance our financial position. We have no continuing involvement with or cash flows from the closed branches. Further, the customers associated with closed branches and other discontinued operations will not be served by other branches. A summary of operations we discontinued in these markets for the years ended December 31, 2011, 2012 and 2013 is as follows:


	Years ended December 31,
	2011			2012			2013
Net revenue	$	9,574		$	4,020		$	765
(Loss) income from discontinued operations, before income taxes		(2,455	)		3,835			(960	)
Income tax benefit (expense)		660			(1,447	)		362

(Loss) income from discontinued operations, after tax	$	(1,795	)	$	2,388		$	(598	)

For the year ended December 31, 2012, pre-tax net income from discontinued operations includes a gain of $4,500 relating to a payment received for a cancelled vendor contract at one of our closed operations.

The entire disclosure for the facts and circumstances leading to the completed or expected disposal, manner and timing of disposal, the gain (loss) recognized in the income statement and the income statement caption that includes that gain (loss), amounts of revenues and pretax profit or loss reported in discontinued operations, the segment in which the disposal group was reported, and the classification (whether sold or classified as held for sale) and carrying value of the assets and liabilities comprising the disposal group. Includes all disposal groups, including those classified as components of the entity (discontinued operations).

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Quarterly Financial Information Disclosure [Abstract]

INCOME (LOSS) PER COMMON SHARE	3 Months Ended	12 Months Ended
INCOME (LOSS) PER COMMON SHARE	Mar. 31, 2014	Dec. 31, 2013
Earnings Per Share [Abstract]
INCOME (LOSS) PER COMMON SHARE	NOTE 12 – LOSS PER COMMON SHARE Basic net loss per share is calculated by dividing net loss attributable to common shareholders by the weighted average shares outstanding during the period, without consideration for common stock equivalents. Diluted net loss per share is calculated by adjusting weighted average shares outstanding for the dilutive effect of common share equivalents outstanding for the period, determined using the treasury stock method. There were no common stock equivalents with a dilutive effect during the three months ended March 31, 2014 and 2013 and therefore, basic and diluted net loss per share were the same for all periods presented.	NOTE 14 – INCOME (LOSS) PER COMMON SHARE Basic net income (loss) per share is calculated by dividing net income (loss) attributable to common stockholders by the weighted average shares outstanding during the period, without consideration for common stock equivalents. As IBP only had common shares outstanding subsequent to the Recapitalization on November 4, 2011, the weighted average shares outstanding for 2011 assumed the shares issued at the date of the Recapitalization were issued and outstanding for the full year. Diluted net income (loss) per share is calculated by adjusting weighted average shares outstanding for the dilutive effect of common share equivalents outstanding for the period, determined using the treasury stock method. There were no common stock equivalents with a dilutive effect during the years ended December 31, 2011, 2012 and 2013 and therefore, basic and diluted net income (loss) per share were the same for all periods presented. Income (loss) attributable to common stockholders includes the accretion of Series A Preferred Stock in 2011 and 2012 and the accretion of Pre-Recapitalization Preferred Units and the gain on extinguishment of Pre-Recapitalization Preferred Units in 2011.

SUBSEQUENT EVENTS	12 Months Ended
SUBSEQUENT EVENTS	Dec. 31, 2013
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	NOTE 15 – SUBSEQUENT EVENTS We have evaluated events and transactions occurring subsequent to the balance sheet date of December 31, 2013 through the date on which the financial statements were issued for items that should be recognized or disclosed in these Consolidated Financial Statements. We have concluded that no subsequent events have occurred that would require recognition in the consolidated financial statements or disclosure in the notes to the consolidated financial statements, except as described below. Two lawsuits were filed in 2013 against two of our subsidiaries, TCI Contracting, LLC (“TCI”) d/b/a Installed Building Products of Nashville, and Installed Building Products II, LLC, alleging failure to pay lawful wages. Both lawsuits were settled in January, 2014 for a total cost of approximately $1,407, included in administrative expenses on our Consolidated Statement of Operations for the year ended December 31, 2013. We paid approximately $200 of these costs in 2013 and recorded a liability for $1,200 as of December 31, 2013, which represents the unpaid portion as of that date. See Note 11, Commitments and Contingencies, for more information. On January 30, 2014 the Board of Directors authorized an increase in the number of shares of Common Stock to 100,000,000 at a par value of $0.01 and an increase in the number of shares of Preferred stock to 5,001,000 at a par value of $0.01, 1,000 of which are designated as Series A Preferred Stock. On the same date, the Board of Directors approved a 19.5-for-one stock split of the Company’s common stock, which became effective on February 10, 2014. The effect of the split on authorized, issued and outstanding shares and loss (income) per common share has been retroactively applied to all periods presented. On February 19, 2014, we completed an initial public offering (“IPO”) of our common stock. Immediately prior to the IPO, we executed a 19.5-for-one stock split of our common stock. The effect of the stock split on outstanding shares and earnings per share has been retroactively applied to all periods presented. We used $6,597 of the proceeds from our IPO to pay underwriting fees, $75,735 to redeem our Redeemable Preferred Stock and $11,910 to pay down our revolving credit facility. See Note 1, Organization, for further details of our IPO and Note 7, Stockholders’ Deficit and Redeemable Instruments, for further details on impacts to equity. On March 24, 2014 we acquired the assets of U.S. Insulation Corp. (“U.S. Insulation”) for total consideration of $2,444. The initial accounting for the business combination is not yet complete at the time the financial statements are issued. As a result, disclosures required under ASC 805-10-50-2 (h) cannot be made at this time.

QUARTERLY FINANCIAL INFORMATION (UNAUDITED)

12 Months Ended

Dec. 31, 2013

QUARTERLY FINANCIAL INFORMATION (UNAUDITED)

NOTE 16 – QUARTERLY FINANCIAL INFORMATION (UNAUDITED)

Summarized unaudited quarterly financial results for 2012 and 2013 is as follows:

2012


	March 31			June 30			September 30			December 31(a)		Total Year
Net sales	$	61,375		$	68,173		$	80,307		$	91,398	$	301,253
Gross profit		14,828			17,145			20,266			21,804		74,043
(Loss) income from continuing operations		(2,075	)		(5,623	)		1,029			2,375		(4,294	)
Net (loss) income		(2,273	)		(5,624	)		898			5,093		(1,906	)
Net (loss) income attributable to common stockholders		(3,595	)		(6,985	)		(504	)		3,649		(7,435	)

Net (loss) income per share (basic and diluted):
(Loss) income per share from continuing operations attributable to common stockholders	$	(0.17	)	$	(0.36	)	$	(0.02	)	$	0.04	$	(0.49	)
(Loss) income per share attributable to common stockholders	$	(0.18	)	$	(0.36	)	$	(0.02	)	$	0.17	$	(0.37	)

2013


	March 31			June 30			September 30		December 31		Total Year
Net sales	$	91,962		$	104,686		$	115,951	$	119,330	$	431,929
Gross profit		22,274			26,255			29,949		31,210		109,688
(Loss) income from continuing operations		(243	)		1,436			3,068		2,377		6,638
Net (loss) income		(530	)		1,226			2,967		2,377		6,040
Net (loss) income attributable to common stockholders		(2,017	)		(306	)		1,389		751		(183	)

Net (loss) income per share (basic and diluted):
(Loss) income per share from continuing operations attributable to common stockholders	$	(0.08	)	$	—		$	0.07	$	0.03	$	0.02
(Loss) income per share attributable to common stockholders	$	(0.09	)	$	(0.01	)	$	0.07	$	0.03	$	(0.01	)

(a)

We recorded a net gain on litigation settlement of $6,975 in this quarter related to a class action lawsuit in which we were one of the plaintiffs. We also recorded a gain of $4,500 in discontinued operations as a result of terminating a regrinding materials contract due to discontinuing a regrinding operation.

Earnings-per-share amounts are computed independently each quarter for net (loss) income from continuing operations, net (loss) income from discontinued operations and net (loss) income attributable to common shareholders. As a result, the sum of each quarter’s per-share amount may not equal the total per-share amount for the respective year, and the sum of per-share amounts from continuing operations and discontinued operations may not equal the total per-share amounts for net (loss) income attributable to common shareholders for the respective quarters.

SIGNIFICANT ACCOUNTING POLICIES (Policies)

3 Months Ended

12 Months Ended

Mar. 31, 2014

Dec. 31, 2013

Basis of Presentation and Principles of Consolidation

Use of Estimates

Cash and Cash Equivalents

Restricted Cash

Revenue Recognition

Business Combinations

Accounts Receivable

We account for trade receivables based on amounts billed to customers. Past due receivables are determined based on contractual terms. We do not accrue interest on any of our trade receivables.

Allowance for Doubtful Accounts


Allowance for doubtful accounts receivable
January 1, 2011	$	2,172
Charged to costs and expenses		2,156
Charged to other accounts (1)		337
Deductions (2)		(3,094	)

December 31, 2011		1,571
Charged to costs and expenses		482
Charged to other accounts (1)		563
Deductions (2)		(1,204	)

December 31, 2012		1,412
Charged to costs and expenses		1,038
Charged to other accounts (1)		479
Deductions (2)		(1,191	)

December 31, 2013	$	1,738

(1)	Recovery of receivables previously written off as bad debt

(2)	Write-off of uncollectible accounts receivable

Deferred Offering Costs

Concentration of Credit Risk

Inventories

Property and Equipment

Goodwill

Impairment of Other Intangible and Long-Lived Assets

Other Liabilities

Advertising Costs

Other Operating Expenses

Deferred Offering Costs

Deferred Financing Costs

Share-Based Compensation

Effective November 30, 2013, the Employee Puts between Jeffrey Edwards and our other executive officers were terminated.

Self-Insurance Liabilities

Income Taxes

Discontinued Operations

Estimated Fair Value of Financial Instruments

Recently Adopted Accounting Pronouncements

In January 2013, the FASB issued ASU 2013-01, “Balance Sheet (Topic 210): Clarifying the Scope of Disclosures about Offsetting Assets and Liabilities.” The amendment clarifies that the scope of ASU 2011-11 applies to derivatives accounted for in accordance with Topic 815, Derivatives and Hedging, including bifurcated embedded derivatives, repurchase agreements and reverse repurchase agreements, and securities borrowing and securities lending transactions that are either offset in accordance with Section 210-20-45 or Section 815-10-45 or subject to an enforceable master netting arrangement or similar agreement. This ASU is effective for fiscal years, and interim periods within those years, beginning on or after January 1, 2013 and should be retrospectively applied to all comparative periods presented. We have concluded that this ASU will not have a material impact on our consolidated financial statements because the Company has already implemented the provisions of ASU 2011-11 and the scope clarification does not change our position for the year ended December 31, 2013.

Recently Issued Accounting Pronouncements Not Yet Adopted

ORGANIZATION (Tables)

12 Months Ended

Dec. 31, 2013

Summary of Annual Percentage of Installation Net Revenue by Product Category

The following is a summary of the annual percentage of installation net revenue by product category:


	Year ended December 31,
	2011			2012			2013
Insulation		72	%		74	%		74	%
Garage doors		10	%		8	%		8	%
Shower doors, shelving and mirrors		6	%		6	%		6	%
Rain gutters		5	%		6	%		6	%
Other building products		7	%		6	%		6	%

		100	%		100	%		100	%

SIGNIFICANT ACCOUNTING POLICIES (Tables)

12 Months Ended

Dec. 31, 2013

Allowance for Doubtful Accounts


Allowance for doubtful accounts receivable
January 1, 2011	$	2,172
Charged to costs and expenses		2,156
Charged to other accounts (1)		337
Deductions (2)		(3,094	)

December 31, 2011		1,571
Charged to costs and expenses		482
Charged to other accounts (1)		563
Deductions (2)		(1,204	)

December 31, 2012		1,412
Charged to costs and expenses		1,038
Charged to other accounts (1)		479
Deductions (2)		(1,191	)

December 31, 2013	$	1,738

(1)	Recovery of receivables previously written off as bad debt

(2)	Write-off of uncollectible accounts receivable

PROPERTY AND EQUIPMENT (Tables)

12 Months Ended

Dec. 31, 2013

Property Plant And Equipment [Abstract]

Property and Equipment

Property and equipment consisted of the following:


	As of December 31,			As of December 31,
	2012			2013
Land		$66			$66
Buildings		218			218
Leasehold improvements		3,492			3,640
Furniture, fixtures and equipment		16,606			15,720
Vehicles and equipment		47,814			61,971

		68,196			81,615
Less: accumulated deprecation and amortization		(50,265	)		(52,140	)

		$17,931			$29,475

GOODWILL AND INTANGIBLES (Tables)

3 Months Ended

12 Months Ended

Mar. 31, 2014

Dec. 31, 2013

Goodwill And Intangible Assets Disclosure [Abstract]

Schedule of Change in Carrying Amount of Goodwill

The change in carrying amount of goodwill was as follows:


	Years ended December 31,
	2012			2013
Beginning balances:
Goodwill	$	118,316		$	119,150
Accumulated impairment losses		(70,004	)		(70,004	)

Net Goodwill		48,312			49,146
Goodwill from business combinations		834			182

Ending balances:
Goodwill		119,150			119,332
Accumulated impairment losses		(70,004	)		(70,004	)

Net Goodwill	$	49,146		$	49,328

Schedule of Gross Carrying Amount and Accumulated Amortization

The following table provides the gross carrying amount and accumulated amortization for each major class of intangibles:


	March 31, 2014							December 31, 2013
	Gross Carrying Amount		Accumulated Amortization			Net Book Value		Gross Carrying Amount		Accumulated Amortization			Net Book Value
Amortized intangibles:
Customer relationships	$	21,958	$	(14,839	)	$	7,119	$	21,412	$	(14,403	)	$	7,009
Covenants not-to-compete		426		(180	)		246		356		(160	)		196
Trademarks and tradenames		12,098		(5,912	)		6,186		11,882		(5,687	)		6,195

	$	34,482	$	(20,931	)	$	13,551	$	33,650	$	(20,250	)	$	13,400

The following table provides the gross carrying amount and accumulated amortization for each major class of intangibles:


	As of December 31,						As of December 31,
	2012						2013
	Gross				Net		Gross				Net
	Carrying		Accumulated		Book		Carrying		Accumulated		Book
	Amount		Amortization		Value		Amount		Amortization		Value
Amortized intangibles:
Customer relationships	$	20,439	$	12,425	$	8,014	$	21,412	$	14,403	$	7,009
Covenants not-to-compete		1,021		761		260		356		160		196
Trademarks and tradenames		11,545		4,796		6,749		11,882		5,687		6,195

	$	33,005	$	17,982	$	15,023	$	33,650	$	20,250	$	13,400

Schedule of Estimated Aggregate Annual Amortization

Remaining estimated aggregate annual amortization expense is as follows (amounts are for the fiscal year ended):


Remainder of 2014	$	2,035
2015		2,543
2016		2,199
2017		1,610
2018		1,399
Thereafter		3,765

Remaining estimated aggregate annual amortization expense is as follows:


2014	$	2,659
2015		2,456
2016		2,113
2017		1,524
2018		1,313
Thereafter		3,335

LONG-TERM DEBT (Tables)

3 Months Ended

12 Months Ended

Mar. 31, 2014

Dec. 31, 2013

Debt Disclosure [Abstract]

Schedule of Maturities of Long-term Debt

Debt consists of the following:


	March 31,			December 31,
	2014			2013
Revolving Line of Credit	$	18,555		$	27,269
Various notes payable, maturing through December 2016; payable in various monthly installments, including interest rates ranging from 0.0% to 10.0%		820			757

		19,375			28,026
Less: current maturities		(268	)		(255	)

Long-term debt, less current maturities	$	19,107		$	27,771

Debt consists of the following:


	As of December 31,
	2012			2013
Revolving Lines of Credit	$	17,231		$	27,269

Various notes payable, maturing through December 2016; payable in various monthly installments, including interest rates ranging from 0.0% to 10.0%		660			757

		17,891			28,026
Less: current maturities		(186	)		(255	)

Long-term debt, less current maturities	$	17,705		$	27,771

Schedule of Aggregate Maturities of Long-Term Debt

Aggregate maturities of long-term debt are as follows:


2014		255
2015		284
2016		27,487

	$	28,026

FAIR VALUE MEASUREMENTS (Tables)

3 Months Ended

12 Months Ended

Mar. 31, 2014

Dec. 31, 2013

Fair Value Disclosures [Abstract]

Assets and Liabilities Measured at Fair Value on a Recurring Basis


	December 31, 2013		Quoted prices in active markets Level 1		Significant other observable inputs Level 2		Significant unobservable inputs Level 3
Put option—Redeemable Preferred Stock	$	490	$	—	$	—	$	490
Redeemable Common Stock		81,010		—		—		81,010

Total items measured at fair value on a recurring basis	$	81,500	$	—	$	—	$	81,500

Assets and Liabilities Measured at Fair Value on a Recurring Basis


	Balance as of December 31, 2012		Quoted prices in active markets Level 1		Significant other observable inputs Level 2		Significant unobservable inputs Level 3
Put option - Series A Preferred Stock	$	782	$	—	$	—	$	782
Redeemable Common Stock		17,246		—		—		17,246

Total items measured at fair value on a recurring basis	$	18,028	$	—	$	—	$	18,028


	Balance as of December 31, 2013		Quoted prices in active markets Level 1		Significant other observable inputs Level 2		Significant unobservable inputs Level 3
Put option - Series A Preferred Stock	$	490	$	—	$	—	$	490
Redeemable Common Stock		81,010		—		—		81,010

Total items measured at fair value on a recurring basis	$	81,500	$	—	$	—	$	81,500

Changes in Fair Value of Recurring Fair Value Measurements Using Significant Unobservable Inputs (Level 3)

Changes in the fair value of recurring fair value measurements using significant unobservable inputs (Level 3) for the three months ended March 31, 2014 were as follows (in thousands):


Balance as of December 31, 2013	$	81,500
Adjustments to fair value measurement impacting the Statement of Stockholders’ Deficit and Redeemable Instruments		8,357
Adjustments to fair value measurement impacting the Statement of Operations		(490	)
Termination of Redemption Feature on common stock and Put Option		(89,367	)

Balance as of March 31, 2014	$	—

Changes in the fair value of recurring fair value measurements using significant unobservable inputs (Level 3) for the years ended December 31, 2012 and 2013 were as follows (in thousands):


Balance as of January 1, 2012	$	16,426
Adjustments to fair value measurement impacting the Statement of Stockholders’ Deficit and Redeemable Instruments		1,745
Adjustments to fair value measurement impacting the Statement of Operations		(143	)

Balance as of January 1, 2013		18,028
Adjustments to fair value measurement impacting the Statement of Stockholders’ Deficit and Redeemable Instruments		63,764
Adjustments to fair value measurement impacting the Statement of Operations		(292	)

Balance as of December 31, 2013	$	81,500

INCOME TAXES (Tables)

12 Months Ended

Dec. 31, 2013

Income Tax Disclosure [Abstract]

Provision for Income Taxes from Continuing Operations

The provision for income taxes from continuing operations is comprised of:


	Years ended
	December 31,
	2011			2012			2013
Current:
Federal	$	2,035		$	1,213		$	5,289
State		232			194			677

		2,267			1,407			5,966
Deferred:
Federal		(755	)		(794	)		(1,554	)
State		(63	)		(58	)		(196	)

		(818	)		(852	)		(1,750	)

Total tax expense	$	1,449		$	555		$	4,216

Reconciliation Between Effective Tax Rate on (Loss) Income from Continuing Operations and Federal Statutory Tax Rate

The reconciliation between our effective tax rate on (loss) income from continuing operations and the federal statutory tax rate is as follows:


	Years ended December 31,
	2011					2012					2013
Income tax at federal statuatory rate	$	(2,009	)	35.0	%	$	(1,309	)	35.0	%	$	3,799		35.0	%
Non-deductible loss from flow through entities prior to Recapitalization		888		(15.5	%)		—		0.0	%		—		0.0	%
Loss of tax attributes resulting from Recapitalization		9,878		(172.1	%)		—		0.0	%		—		0.0	%
Extinguishment of debt		355		(6.2	%)		—		0.0	%		—		0.0	%
Stock Compensation		273		(4.8	%)		1,581		(42.3	%)		(97	)	(0.9	%)
Section 199 Deduction		—		0.0	%		(268	)	7.2	%		(454	)	(4.2	%)
Other non-deductible expenses		76		(1.1	%)		262		(7.0	%)		7		0.1	%
Change in valuation allowance		(8,239	)	143.5	%		214		(5.7	%)		647		6.0	%
Interest and penalties on uncertain tax positions		118		(2.1	%)		56		(1.5	%)		—		0.0	%
State income taxes, net of federal benefit		109		(1.9	%)		19		(0.5	%)		314		2.9	%

Total tax expense	$	1,449		(25.2	%)	$	555		(14.8	%)	$	4,216		38.9	%

Net Deferred Tax Asset or Liability

Components of the net deferred tax asset or liability are as follows:


	At December 31,			At December 31,
	2012			2013
Deferred Tax Assets
Current
Accrued reserves and allowances	$	705		$	86
Inventories		46			55

Current deferred tax assets		751			141

Long-term
Property and equipment		—			1
Net operating loss carryforwards		688			1,297

Long-term deferred tax assets		688			1,298

Total deferred tax assets		1,439			1,439

Less: Valuation allowance		(228	)		(885	)


Net deferred tax assets		1,211			554

Deferred Tax Liabilities
Current
Accrued reserves and allowances		—			(29	)
Other		—			(67	)

Current deferred tax liabilities		—			(96	)

Long-term
Property and equipment		(61	)		(86	)
Intangibles		(529	)		(374	)
Investment in partnership		(11,932	)		(9,554	)
Other		(64	)		—

Long-term deferred tax liabilities		(12,586	)		(10,014	)

Total deferred tax liabilities		(12,586	)		(10,110	)


Net deferred tax liabilities	$	(11,375	)	$	(9,556	)

Rollforward of Gross Unrecognized Tax Benefits

A rollforward of the gross unrecognized tax benefits is as follows:


Unrecognized tax benefit, January 1, 2012	$	924
Increase as a result of tax positions taken during the period		945
Decrease as a result of tax positions taken during the period		(504	)

Unrecognized tax benefit, December 31, 2012		1,365
Increase as a result of tax positions taken during the period		891
Decrease as a result of tax positions taken during the period		(945	)

Unrecognized tax benefit, December 31, 2013	$	1,311

RELATED PARTY TRANSACTIONS (Tables)

3 Months Ended

12 Months Ended

Mar. 31, 2014

Dec. 31, 2013

Schedule of Related Party Transactions


	2014		2013
Sales	$	414	$	246
Purchases		1,172		3,124
Rent		145		171


	Years ended December 31,
	2011		2012		2013
Sales	$	2,704	$	1,689	$	1,188
Purchases		610		3,668		10,292
Rent		158		288		671

COMMITMENTS AND CONTINGENCIES (Tables)

3 Months Ended

12 Months Ended

Mar. 31, 2014

Dec. 31, 2013

Commitments And Contingencies Disclosure [Abstract]

Future Minimum Lease Payments under Noncancellable Operating Leases


	Capital leases			Operating Leases
				Related party		Other		Total Operating
2014	$	8,789		$	557	$	4,806	$	5,363
2015		7,224			495		3,197		3,692
2016		4,858			400		2,257		2,657
2017		2,566			158		1,306		1,464
2018		917			34		969		1,003
Thereafter		49			—		2,064		2,064

		24,403		$	1,644	$	14,599	$	16,243

Less: Amounts representing interest		(2,370	)

Total obligation under capital leases		22,033
Less: Current portion of capital leases		(7,663	)

Long term capital lease obligation	$	14,370

Future Minimum Capital Lease Payments


	Capital leases			Operating Leases
				Related party		Other		Total Operating
2014	$	8,789		$	557	$	4,806	$	5,363
2015		7,224			495		3,197		3,692
2016		4,858			400		2,257		2,657
2017		2,566			158		1,306		1,464
2018		917			34		969		1,003
Thereafter		49			—		2,064		2,064

		24,403		$	1,644	$	14,599	$	16,243

Less: Amounts representing interest		(2,370	)

Total obligation under capital leases		22,033
Less: Current portion of capital leases		(7,663	)

Long term capital lease obligation	$	14,370

Total Rent Expense under Operating Leases


	Year Ended December 31,
	2011		2012		2013
Cost of Sales	$	382	$	435	$	573
Selling		173		113		32
Administrative		5,351		5,795		6,566

Total	$	5,906	$	6,343	$	7,171

Schedule of Purchase Obligations Under Contract

Purchase obligations under the contracts as of March 31, 2014 were as follows:


	Payments due by year:
	Total		Remainder of 2014		2015		2016		2017		2018		Thereafter
Purchase obligations	$	3,489	$	3,489	$	—	$	—	$	—	$	—	$	—

Purchase obligations under the contracts as of December 31, 2013 were as follows:


	Payments due by period
	Total		Less than 1 year		1-3 years		3-5 years		More than 5 years

Purchase Obligations	$	5,000	$	5,000	$	—	$	—	$	—

Future Minimum Lease Payments Under Noncancellable Operating Leases


Remainder of 2014	$	412
2015		495
2016		400
2017		158
2018		34
Thereafter		—

Tabular disclosure of a lessee's leasing arrangements including: (1) the basis on which contingent rental payments are determined, (2) the existence and terms of renewal or purchase options and escalation clauses, (3) restrictions imposed by lease arrangements, such as those concerning dividends, additional debt, and further leasing, (4) rent holidays, rent concessions, or leasehold improvement incentives and unusual provisions or conditions. Disclosure may also include the specific period used to amortize material leasehold improvements made at the inception of the lease or during the lease term. Additionally, for operating leases having initial or remaining noncancelable lease terms in excess of one year: (a) future minimum rental payments required as of the date of the latest balance sheet presented, in the aggregate and for each of the five succeeding fiscal years, (b) the total of minimum rentals to be received in the future under noncancelable subleases as of the date of the latest balance sheet presented, and (c) for all operating leases, rental expense for each period for which an income statement is presented, with separate amounts for minimum rentals, contingent rentals, and sublease rentals. Rental payments under leases with terms of a month or less that were not renewed need not be included.

Summary of Estimated Fair Value of Assets Acquired and Liabilities Assumed

BUSINESS COMBINATIONS (Tables)

3 Months Ended

12 Months Ended

Mar. 31, 2014

Dec. 31, 2013

Business Combinations [Abstract]

The estimated fair values of the assets acquired and liabilities assumed for the acquisitions approximated the following:


	Ace			U.S. Insulation
Accounts receivable	$	213		$	1,122
Inventory		14			234
Other current assets		—			105
Property and equipment		263			520
Intangibles		1,106			846
Goodwill		—			1,217
Accounts payable and accrued expenses		(609	)		(1,362	)
Deferred tax liability		—			(397	)

Total purchase price	$	987		$	2,285

Seller obligations	$	300		$	279
Cash paid		687			2,006

Total purchase price	$	987		$	2,285

The estimated fair values of the assets acquired and liabilities assumed for the acquisitions approximated the following:


	TCI			Accurate			ACE			KMB
Cash	$	317		$	58		$	—		$	—
Accounts receivable		3,880			1,606			213			—
Inventory		1,984			564			14			54
Note receivable		—			171			—			—
Other current assets		244			47			—			37
Property and equipment		285			183			263			75
Intangibles		4,390			1,123			1,106			226
Goodwill		834			—			—			182
Accounts payable and accrued expenses		(5,815	)		(2,037	)		(609	)		—
Deferred tax liability		(1,387	)		—			—			—
Long-term debt		(61	)		(437	)		—			—

Total purchase price	$	4,671		$	1,278		$	987		$	574


Fair value of common stock issued	$	4,100		$	—		$	—		$	—
Seller obligations		571			80			300			80
Cash paid		—			1,198			687			494

Total purchase price	$	4,671		$	1,278		$	987		$	574

Estimates of Acquired Intangible Assets

Estimates of acquired intangible assets related to the acquisitions are as follows:


	Ace				U.S. Insulation
Acquired intangibles assets	Estimated Fair Value		Weighted Average Estimated Useful Life (yrs)		Estimated Fair Value		Weighted Average Estimated Useful Life (yrs)
Customer relationships	$	826		10	$	546		10
Trademarks and trade names		280		15		216		15
Non-competition agreements		—		—		84		5

Estimates of acquired intangible assets related to the acquisitions are as follows:


	TCI				Accurate				Ace				KMB
Acquired intangibles assets	Estimated Fair Value		Weighted Average Estimated Useful Life (yrs)		Estimated Fair Value		Weighted Average Estimated Useful Life (yrs)		Estimated Fair Value		Weighted Average Estimated Useful Life (yrs)		Estimated Fair Value		Weighted Average Estimated Useful Life (yrs)
Customer relationships	$	2,500		10	$	741		10	$	826		10	$	146		10
Trademarks and trade names		1,820		8		247		15		280		15		58		15
Non-competition agreements		70		2		135		3		—		—		22		5

Pro forma results of operations

The unaudited pro forma information is not necessarily indicative of the results that we would have achieved had the transactions actually taken place on January 1, 2013 and 2012, and the unaudited pro forma information does not purport to be indicative of future financial operating results.


	Pro forma for the three months ended March 31,
	2014			2013
Net revenue	$	107,989		$	94,621
Net income (loss)		518			(606	)
Net loss attributable to common stockholders		(19,379	)		(2,093	)
Net loss per share attributable to common stockholders (basic and diluted)		(0.75	)		(0.09	)

The unaudited pro forma information is not necessarily indicative of the results that we would have achieved had the transactions actually taken place on January 1, 2012 and 2011, and the unaudited pro forma information does not purport to be indicative of future financial operating results.


	Pro Forma for the years ended December 31,
	2011			2012			2013

Net revenue	$	277,834		$	334,885		$	432,569
Net (loss) income		(13,951	)		(3,499	)		5,925
Net income (loss) attributable to common shareholders		68,657			(9,028	)		(298	)
Net income (loss) per share attributable to common shareholders (basic and diluted)		3.12			(0.41	)		(0.01	)

DISCONTINUED OPERATIONS (Tables)

12 Months Ended

Dec. 31, 2013

Discontinued Operations And Disposal Groups [Abstract]

Summary of Operations of Discontinued Markets

A summary of operations we discontinued in these markets for the years ended December 31, 2011, 2012 and 2013 is as follows:


	Years ended December 31,
	2011			2012			2013
Net revenue	$	9,574		$	4,020		$	765
(Loss) income from discontinued operations, before income taxes		(2,455	)		3,835			(960	)
Income tax benefit (expense)		660			(1,447	)		362

(Loss) income from discontinued operations, after tax	$	(1,795	)	$	2,388		$	(598	)

Tabular disclosure of disposal groups, which may include the gain (loss) recognized in the income statement and the income statement caption that includes that gain (loss), amounts of revenues and pretax profit or loss reported in discontinued operations, the classification and carrying value of the assets and liabilities comprising the disposal group, and the segment in which the disposal group was reported. Also may include the amount of adjustments to amounts previously reported in discontinued operations such as resolution of contingencies arising from the disposal transaction or the operations of the component prior to disposal.

Quarterly Financial Information Disclosure [Abstract]

QUARTERLY FINANCIAL INFORMATION (UNAUDITED) (Tables)

12 Months Ended

Dec. 31, 2013

Schedule of Selected Quarterly Financial Data

Summarized unaudited quarterly financial results for 2012 and 2013 is as follows:

2012


	March 31			June 30			September 30			December 31(a)		Total Year
Net sales	$	61,375		$	68,173		$	80,307		$	91,398	$	301,253
Gross profit		14,828			17,145			20,266			21,804		74,043
(Loss) income from continuing operations		(2,075	)		(5,623	)		1,029			2,375		(4,294	)
Net (loss) income		(2,273	)		(5,624	)		898			5,093		(1,906	)
Net (loss) income attributable to common stockholders		(3,595	)		(6,985	)		(504	)		3,649		(7,435	)

Net (loss) income per share (basic and diluted):
(Loss) income per share from continuing operations attributable to common stockholders	$	(0.17	)	$	(0.36	)	$	(0.02	)	$	0.04	$	(0.49	)
(Loss) income per share attributable to common stockholders	$	(0.18	)	$	(0.36	)	$	(0.02	)	$	0.17	$	(0.37	)

2013


	March 31			June 30			September 30		December 31		Total Year
Net sales	$	91,962		$	104,686		$	115,951	$	119,330	$	431,929
Gross profit		22,274			26,255			29,949		31,210		109,688
(Loss) income from continuing operations		(243	)		1,436			3,068		2,377		6,638
Net (loss) income		(530	)		1,226			2,967		2,377		6,040
Net (loss) income attributable to common stockholders		(2,017	)		(306	)		1,389		751		(183	)

Net (loss) income per share (basic and diluted):
(Loss) income per share from continuing operations attributable to common stockholders	$	(0.08	)	$	—		$	0.07	$	0.03	$	0.02
(Loss) income per share attributable to common stockholders	$	(0.09	)	$	(0.01	)	$	0.07	$	0.03	$	(0.01	)

(a)

Organization - Additional Information (Detail)
$ / shares in Units, $ in Thousands

1 Months Ended

3 Months Ended

12 Months Ended

Feb. 19, 2014

USD ($)

$ / shares

Feb. 10, 2014

Nov. 30, 2011

USD ($)

Nov. 04, 2011

USD ($)

Jul. 31, 2011

USD ($)

Mar. 31, 2014

USD ($)

Location

Segment

$ / shares

Dec. 31, 2013

Location

$ / shares

Sep. 30, 2013

$ / shares

Jun. 30, 2013

$ / shares

Mar. 31, 2013

$ / shares

Dec. 31, 2012

USD ($)

$ / shares

Sep. 30, 2012

$ / shares

Jun. 30, 2012

$ / shares

Mar. 31, 2012

$ / shares

Dec. 31, 2013

Location

Segment

$ / shares

Dec. 31, 2012

USD ($)

$ / shares

Dec. 31, 2011

USD ($)

$ / shares

Dec. 31, 2010

USD ($)

Basis Of Presentation And Organization [Line Items]

Number of operating segment | Segment

Interest expense, related parties

$ 3,321

Adjustment to additional paid in capital, gains on extinguishment of Debt

36,813

Gains on Extinguishment of Debt

$ 18,542

Earning Per share | $ / shares

$ (0.76)

$ 0.03

$ 0.07

$ (0.01)

$ (0.09)

$ 0.17

^[1]

$ (0.02)

$ (0.36)

$ (0.18)

$ (0.01)

$ (0.37)

$ 3.78

Additional paid in capital

$ 139,957

$ 3,959

$ 25,978

Gain on Extinguishment of Pre-Recapitalization Preferred Units

$ 85,040

Payment to redeem redeemable preferred stock

$ 75,735

Common stock outstanding | shares

30,601,401

16,183,901

30,601,401

16,183,901

Shares Prior to Stock Split [Member]

Basis Of Presentation And Organization [Line Items]

Basis Of Presentation And Organization [Line Items]

1,129,944

Revenue [Member]

Net revenues percentage

100.00%

Revenue [Member] | Residential Construction Sales [Member]

Basis Of Presentation And Organization [Line Items]

Net revenues percentage

88.10%

87.90%

89.00%

86.20%

83.60%

Revenue [Member] | Commercial Construction Sales [Member]

Basis Of Presentation And Organization [Line Items]

Net revenues percentage

11.90%

12.10%

11.00%

13.80%

16.40%

IPO [Member]

Basis Of Presentation And Organization [Line Items]

Issuance of common stock, shares | shares

8,567,500

Proceeds from issuance of IPO

$ 87,645

Payment to redeem redeemable preferred stock

75,735

Proceeds from IPO used to pay underwriting fees

$ 6,597

Common stock, price per share | $ / shares

$ 11.00

Stock split description

19.5-for-one

Stock split ratio

19.5

Common stock outstanding | shares

30,601,401

30,601,401

IPO [Member] | Stock split [Member]

Basis Of Presentation And Organization [Line Items]

Common stock and Redeemable common stock, shares issued and outstanding | shares

22,033,901

IPO [Member] | Revolving Credit Facility [Member]

Basis Of Presentation And Organization [Line Items]

Payment of revolving credit facility

$ 11,910

IBP Funding Company LLC and Primstone Funding Company LLC [Member] | Senior Secured Credit Facilities [Member]

Basis Of Presentation And Organization [Line Items]

Debt forgiven by debt holder

$ 27,778

Interest forgiven on debt

4,308

Interest expense, related parties

$ 3,321

Adjustment to additional paid in capital, gains on extinguishment of Debt

32,086

IBP Funding Company LLC and Primstone Funding Company LLC [Member] | IBP Holdings LLC [Member] | Senior Secured Credit Facilities [Member]

Basis Of Presentation And Organization [Line Items]

Edwards IBP Holdings [Member] | IBP Holdings LLC [Member] | Subordinated Debt [Member]

$ 27,778

Basis Of Presentation And Organization [Line Items]

Cetus Capital II, LLC [Member] | IBP Holdings LLC [Member] | Senior Secured Credit Facilities [Member]

$ 8,212

Basis Of Presentation And Organization [Line Items]

Shareholders [Member] | IBP Holdings II LLC [Member] | Revolving Credit Facility [Member]

$ 77,642

Basis Of Presentation And Organization [Line Items]

Basis Of Presentation And Organization [Line Items]

$ 12,010

Debt forgiven by debt holder

3,781

Interest forgiven on debt

946

Adjustment to additional paid in capital, gains on extinguishment of Debt

$ 4,727

IBP Funding Company [Member]

Basis Of Presentation And Organization [Line Items]

Long term debt including interest

$ 77,642

Accrued Interest Payable

2,380

Fair value of stock including embedded derivative

$ 59,100

Gains on Extinguishment of Debt

$ 18,542

Earning Per share | $ / shares

$ 0.95

IBP Funding Company [Member] | Series A Preferred Stock [Member]

Basis Of Presentation And Organization [Line Items]

Conversion of stock, shares issued | shares

1,000

Conversion of stock, amount issued

$ 14,900

IBP Funding Company [Member] | Redeemable Common Stock [Member]

Basis Of Presentation And Organization [Line Items]

Conversion of stock, shares issued | shares

5,850,000

Conversion of stock, amount issued

$ 43,275

IBP Funding Company [Member] | Put Option [Member]

Basis Of Presentation And Organization [Line Items]

Fair value of embedded derivative

$ 925

Subsequent Event [Member] | Shares Prior to Stock Split [Member]

Basis Of Presentation And Organization [Line Items]

Subsequent Event [Member] | IPO [Member]

1,129,944

Basis Of Presentation And Organization [Line Items]

Issuance of common stock, shares | shares

8,567,500

Proceeds from issuance of IPO

$ 94,242

Payment to redeem redeemable preferred stock

75,735

Proceeds from IPO used to pay underwriting fees

$ 6,597

Common stock, price per share | $ / shares

$ 11.00

Stock split description

19.5-for-one

Stock split ratio

19.5

Subsequent Event [Member] | IPO [Member] | Stock split [Member]

Basis Of Presentation And Organization [Line Items]

Common stock and Redeemable common stock, shares issued and outstanding | shares

22,033,901

Subsequent Event [Member] | IPO [Member] | Revolving Credit Facility [Member]

Basis Of Presentation And Organization [Line Items]

Payment of revolving credit facility

$ 11,910

UNITED STATES

Basis Of Presentation And Organization [Line Items]

Number of locations the company operates | Location

100

[1]

Installation Net Revenue By Product (Detail) - Revenue [Member]	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Concentration Risk [Line Items]
Net revenues percentage	100.00%	100.00%	100.00%
Insulation [Member]
Concentration Risk [Line Items]
Net revenues percentage	74.00%	74.00%	72.00%
Garage doors [Member]
Concentration Risk [Line Items]
Net revenues percentage	8.00%	8.00%	10.00%
Shower doors, shelving and mirrors [Member]
Concentration Risk [Line Items]
Net revenues percentage	6.00%	6.00%	6.00%
Rain gutters [Member]
Concentration Risk [Line Items]
Net revenues percentage	6.00%	6.00%	5.00%
Other building products [Member]
Concentration Risk [Line Items]
Net revenues percentage	6.00%	6.00%	7.00%

Significant Accounting Policies - Additional Information (Detail) $ in Thousands	3 Months Ended			12 Months Ended
	Mar. 31, 2014 USD ($)	Mar. 31, 2013 USD ($)	Dec. 31, 2012 USD ($)	Dec. 31, 2013 USD ($) Lawsuits	Dec. 31, 2012 USD ($)	Dec. 31, 2011 USD ($)
Accounting Policies and General Information [Line Items]
Amount insured by FDIC			$ 250		$ 250
Deferred expenses				$ 5,156
Advertising expenses	$ 343	$ 385		1,610	1,694	$ 1,440
Gain on litigation settlement			6,975	31	6,975
Cost incurred from lawsuits settlement				$ 1,407
Number of lawsuits \| Lawsuits				2
Gain from Insurance Proceeds					960
Deferred financing costs			496	$ 321	496
Amortization expense related to financing costs				175	175	696
Share-based compensation					4,658	780
Total offering costs charged against equity	$ 8,661
Continuing Operations [Member]
Accounting Policies and General Information [Line Items]
Intangible asset impairment				0	352	1,687
Discontinued Operations [Member]
Accounting Policies and General Information [Line Items]
Intangible asset impairment						1,074
Other Operating Expenses [Member]
Accounting Policies and General Information [Line Items]
Cost incurred from lawsuits settlement				881
Administrative [Member]
Accounting Policies and General Information [Line Items]
Share-based compensation				$ 0	$ 4,658	$ 780
Customer relationships [Member]
Accounting Policies and General Information [Line Items]
Estimated useful life				10 years
Non-competition agreements [Member] \| Maximum [Member]
Accounting Policies and General Information [Line Items]
Estimated useful life				5 years
Non-competition agreements [Member] \| Minimum [Member]
Accounting Policies and General Information [Line Items]
Estimated useful life				2 years
Trademarks and tradenames [Member] \| Maximum [Member]
Accounting Policies and General Information [Line Items]
Estimated useful life				15 years
Trademarks and tradenames [Member] \| Minimum [Member]
Accounting Policies and General Information [Line Items]
Estimated useful life				8 years
Vehicles [Member]
Accounting Policies and General Information [Line Items]
Estimated useful life, description				The shorter of lease life or five years
Furniture Fixtures and Equipment [Member] \| Maximum [Member]
Accounting Policies and General Information [Line Items]
Estimated useful life				5 years
Furniture Fixtures and Equipment [Member] \| Minimum [Member]
Accounting Policies and General Information [Line Items]
Estimated useful life				3 years
Leasehold Improvements [Member]
Accounting Policies and General Information [Line Items]
Estimated useful life, description				Shorter of lease life or five years
Building [Member]
Accounting Policies and General Information [Line Items]
Estimated useful life				30 years
Revenue [Member]
Accounting Policies and General Information [Line Items]
Net revenues percentage				100.00%	100.00%	100.00%
Revenue [Member] \| Single Customer [Member] \| Maximum [Member]
Accounting Policies and General Information [Line Items]
Net revenues percentage				3.00%	3.00%	3.00%
Accounts Payable [Member]
Accounting Policies and General Information [Line Items]
Outstanding checks			1,480	$ 1,770	$ 1,480
Accrued Compensation [Member]
Accounting Policies and General Information [Line Items]
Outstanding checks			$ 506	$ 328	$ 506

Allowance for Doubtful Accounts Receivable (Detail) - USD ($)
$ in Thousands

12 Months Ended

Dec. 31, 2013

Dec. 31, 2012

Dec. 31, 2011

Allowance for Doubtful Accounts Receivable [Roll Forward]

Beginning Balance

$ 1,412

$ 1,571

$ 2,172

Charged to costs and expenses

1,038

482

2,156

Charged to other accounts

^[1]

479

563

337

Deductions

^[2]

(1,191)

(1,204)

(3,094)

Ending Balance

$ 1,738

$ 1,412

$ 1,571

[1]	Recovery of receivables previously written off as bad debt
[2]	Write-off of uncollectible accounts receivable

Property and Equipment (Detail) - USD ($) $ in Thousands	Mar. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Property, Plant and Equipment [Line Items]
Property Plant And Equipment Gross		$ 81,615	$ 68,196
Less: accumulated deprecation and amortization		(52,140)	(50,265)
Property Plant And Equipment Net	$ 32,702	29,475	17,931
Land [Member]
Property, Plant and Equipment [Line Items]
Property Plant And Equipment Gross		66	66
Building [Member]
Property, Plant and Equipment [Line Items]
Property Plant And Equipment Gross		218	218
Leasehold Improvements [Member]
Property, Plant and Equipment [Line Items]
Property Plant And Equipment Gross		3,640	3,492
Furniture, Fixtures and Equipment[Member]
Property, Plant and Equipment [Line Items]
Property Plant And Equipment Gross		15,720	16,606
Vehicles And Equipment [Member]
Property, Plant and Equipment [Line Items]
Property Plant And Equipment Gross		$ 61,971	$ 47,814

Property and Equipment - Additional Information (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Property Plant And Equipment [Abstract]
Property and equipment fully depreciated	$ 37,360	$ 38,742
Depreciation and amortization expense	$ 8,374	$ 4,637	$ 4,405

Change In Carrying Amount of Goodwill (Detail) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Goodwill And Intangible Assets Disclosure [Abstract]
Goodwill, beginning	$ 119,332	$ 119,150	$ 118,316
Accumulated impairment losses, beginning	(70,004)	(70,004)	(70,004)
Net Goodwill, beginning	49,328	49,146	48,312
Goodwill from business combinations	1,217	182	834
Goodwill, ending		119,332	119,150
Accumulated impairment losses, ending		(70,004)	(70,004)
Net Goodwill, ending	$ 50,545	$ 49,328	$ 49,146

Goodwill and Intangibles - Schedule of Gross Carrying Amount and Accumulated Amortization (Detail) - USD ($) $ in Thousands	Mar. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	$ 34,482	$ 33,650	$ 33,005
Accumulated Amortization	(20,931)	(20,250)	(17,982)
Net Book Value	13,551	13,400	15,023
Customer relationships [Member]
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	21,958	21,412	20,439
Accumulated Amortization	(14,839)	(14,403)	(12,425)
Net Book Value	7,119	7,009	8,014
Covenants not-to-compete [Member]
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	426	356	1,021
Accumulated Amortization	(180)	(160)	(761)
Net Book Value	246	196	260
Trademarks and tradenames [Member]
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	12,098	11,882	11,545
Accumulated Amortization	(5,912)	(5,687)	(4,796)
Net Book Value	$ 6,186	$ 6,195	$ 6,749

Goodwill and Intangible Assets - Additional Information (Detail) - USD ($) $ in Thousands	3 Months Ended		12 Months Ended
	Mar. 31, 2014	Mar. 31, 2013	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Goodwill And Intangible Assets [Line Items]
Amortization expense on intangible assets			$ 3,057	$ 3,082	$ 3,986
Goodwill	$ 1,217		182	834
Goodwill impairment	0	$ 0
Amortization expense on intangible assets	$ 697	$ 791	3,057	3,082	3,785
Continuing Operations [Member]
Goodwill And Intangible Assets [Line Items]
Intangible asset impairment			$ 0	$ 352	1,687
Discontinued Operations [Member]
Goodwill And Intangible Assets [Line Items]
Intangible asset impairment					$ 1,074

Goodwill and Intangibles - Schedule of Estimated Aggregate Annual Amortization (Detail) - USD ($) $ in Thousands	Mar. 31, 2014	Dec. 31, 2013
Goodwill And Intangible Assets Disclosure [Abstract]
2014		$ 2,659
Remainder of 2014	$ 2,035
2015	2,543	2,456
2016	2,199	2,113
2017	1,610	1,524
2018	1,399	1,313
Thereafter	$ 3,765	$ 3,335

Long-term Debt - Schedule of Maturities of Long-term Debt (Detail) - USD ($) $ in Thousands	Mar. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Debt Disclosure [Abstract]
Revolving Line of Credit	$ 18,555	$ 27,269	$ 17,231
Various notes payable, maturing through December 2016; payable in various monthly installments, including interest rates ranging from 0.0% to 10.0%	820	757	660
Total	19,375	28,026	17,891
Less: current maturities	(268)	(255)	(186)
Long-term debt, less current maturities	$ 19,107	$ 27,771	$ 17,705

The carrying value as of the balance sheet date of the current and noncurrent portions of long-term obligations drawn from a line of credit, which is a bank's commitment to make loans up to a specific amount. Examples of items that might be included in the application of this element may consist of letters of credit, standby letters of credit, and revolving credit arrangements, under which borrowings can be made up to a maximum amount as of any point in time conditional on satisfaction of specified terms before, as of and after the date of drawdowns on the line. Includes short-term obligations that would normally be classified as current liabilities but for which (a) postbalance sheet date issuance of a long term obligation to refinance the short term obligation on a long term basis, or (b) the enterprise has entered into a financing agreement that clearly permits the enterprise to refinance the short-term obligation on a long term basis and the following conditions are met (1) the agreement does not expire within 1 year and is not cancelable by the lender except for violation of an objectively determinable provision, (2) no violation exists at the BS date, and (3) the lender has entered into the financing agreement is expected to be financially capable of honoring the agreement.

Long-term Debt - Schedule of Maturities of Long-term Debt (Parenthetical) (Detail)	3 Months Ended	12 Months Ended
	Mar. 31, 2014	Dec. 31, 2013
Debt Disclosure [Abstract]
Notes payable Interest rate, minimum	0.00%	0.00%
Notes payable Interest rate, maximum	10.00%	10.00%
Notes payable maturity date	December 2016	December 2016

Long-term Debt - Additional Information (Detail) - USD ($) $ in Thousands	1 Months Ended	3 Months Ended	12 Months Ended
	Mar. 31, 2011	Mar. 31, 2014	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Debt Instrument [Line Items]
Maximum limit for revolving line of credit		$ 50,000	$ 50,000
Line of credit facility maturity date		May 04, 2016	May 04, 2016
Debt instrument, description of variable rate basis		LIBOR	LIBOR
Available borrowings under LOC		$ 21,101	$ 15,556	$ 15,492
Monthly fee on the average unused commitment		0.375%	0.375%
Contingent interest rate increase		2.00%	2.00%
Outstanding letters of credit		$ 7,175	$ 7,175	7,278	$ 8,389
Contributed capital from members	$ 12,010			2,500	$ 12,628
LIBOR [Member]
Debt Instrument [Line Items]
Line of credit outstanding		$ 16,000	$ 24,500	$ 16,000
Interest rate		2.25%	2.25%
LIBOR [Member] \| Minimum [Member]
Debt Instrument [Line Items]
Interest rate				2.25%
LIBOR [Member] \| Maximum [Member]
Debt Instrument [Line Items]
Interest rate				3.75%
Base Rate [Member]
Debt Instrument [Line Items]
Line of credit outstanding		$ 2,555	$ 2,769	$ 1,231
Interest rate		4.25%	4.25%	4.25%
Letter of Credit [Member]
Debt Instrument [Line Items]
Letters of credit		$ 10,000	$ 10,000

Aggregate Maturities Of Long-term Debt (Detail) - USD ($) $ in Thousands	Mar. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Long Term Debt By Maturity [Abstract]
2014		$ 255
2015		284
2016		27,487
Total	$ 19,375	$ 28,026	$ 17,891

Fair Value Measurements - Assets and Liabilities Measured at Fair Value on a Recurring Basis (Detail) - USD ($) $ in Thousands	Dec. 31, 2013	Mar. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Put option - Series A Preferred Stock	$ 490		$ 782
Total items measured at fair value on a recurring basis	81,500		18,028	$ 16,426
Redeemable Common Stock [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Redeemable Common Stock	81,010	$ 43,951	17,246	$ 15,501
Quoted prices in active markets Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Put option - Series A Preferred Stock
Total items measured at fair value on a recurring basis
Quoted prices in active markets Level 1 [Member] \| Redeemable Common Stock [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Redeemable Common Stock
Significant other observable inputs Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Put option - Series A Preferred Stock
Total items measured at fair value on a recurring basis
Significant other observable inputs Level 2 [Member] \| Redeemable Common Stock [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Redeemable Common Stock
Significant unobservable inputs Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Put option - Series A Preferred Stock	490		782
Total items measured at fair value on a recurring basis	81,500		18,028
Significant unobservable inputs Level 3 [Member] \| Redeemable Common Stock [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Redeemable Common Stock	$ 81,010		$ 17,246

Fair Value Measurements - Additional Information (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011	Mar. 31, 2014
Fair Value Measurements Disclosure [Line Items]
Rate of weighted average cost of capital	18.00%	13.00%
Redeemable preferred stock fair value				$ 0
Continuing Operations [Member]
Fair Value Measurements Disclosure [Line Items]
Intangible asset impairment	$ 0	$ 352	$ 1,687
Discontinued Operations [Member]
Fair Value Measurements Disclosure [Line Items]
Intangible asset impairment			$ 1,074

Fair Value Measurements - Changes in Fair Value of Recurring Fair Value Measurements Using Significant Unobservable Inputs (Level 3) (Detail) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Fair Value Disclosures [Abstract]
Beginning balance	$ 81,500	$ 18,028	$ 16,426
Adjustments to fair value measurement impacting the Statement of Stockholders' Deficit and Redeemable Instruments	8,357	63,764	1,745
Adjustments to fair value measurement impacting the Statement of Operations	(490)	(292)	(143)
Termination of Redemption Feature on common stock and Put Option	(89,367)
Ending balance		$ 81,500	$ 18,028

Stockholders' Equity (Deficit) and Redeemable Instruments - Additional Information (Detail) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Mar. 31, 2014	Mar. 31, 2013	Aug. 31, 2012	Dec. 31, 2011
Statement Of Shareholders Equity [Line Items]
Redeemable and non redeemable Common stock, authorized					33,050,862	19,499,993
Redeemable and non redeemable Common stock, issued	22,033,901	22,033,901				19,499,993
Redeemable and non redeemable Common stock, outstanding	22,033,901	22,033,901				19,499,993
Common Stock, Authorized	27,200,862	27,200,862	100,000,000
Common Stock, Issued	16,183,901	16,183,901	30,601,401
Common Stock, Outstanding	16,183,901	16,183,901	30,601,401
Preferred Stock, Authorized	0		5,000,000
Preferred Stock, Issued	0		0
Preferred Stock, Outstanding	0		0
Preferred stock, par value	$ 0.01		$ 0.01
Redeemable Common Stock [Member]
Statement Of Shareholders Equity [Line Items]
Stock, Par value	$ 0.01	$ 0.01	$ 0.00			$ 0.01
Stock, authorized	5,850,000	5,850,000	0
Stock, Issued	5,850,000	5,850,000	0
Stock, Outstanding	5,850,000	5,850,000	0	5,850,000		5,850,000
Redeemable Common Stock [Member] \| Call Option [Member]
Statement Of Shareholders Equity [Line Items]
Stock, Outstanding	975,000
Series A Preferred Stock [Member]
Statement Of Shareholders Equity [Line Items]
Stock, Par value	$ 0.01	$ 0.01	$ 0.00			$ 0.01
Stock, authorized	1,000	1,000	0			1,000
Stock, Issued	1,000	1,000	0			1,000
Stock, Outstanding	1,000	1,000	0	1,000		1,000
Redeemable stock redemption value	$ 75,735		$ 75,735
Redeemable stock original issue price	$ 25,245
Dividend accrual rate	25.00%
Series A Preferred Stock [Member] \| Minimum [Member]
Statement Of Shareholders Equity [Line Items]
Redeemable stock redemption date	Jul. 31, 2016
Series A Preferred Stock [Member] \| Maximum [Member]
Statement Of Shareholders Equity [Line Items]
Redeemable stock redemption date	Jul. 31, 2021
Common Stock [Member]
Statement Of Shareholders Equity [Line Items]
Stock issued during period for business acquired, shares		2,533,908
Common Stock, Outstanding	16,183,901	16,183,901	30,601,401	16,183,901		13,649,993

Employee Benefits - Additional Information (Detail) - USD ($) $ in Thousands	3 Months Ended		12 Months Ended
	Mar. 31, 2014	Mar. 31, 2013	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Pension Plans, Postretirement and Other Employee Benefits [Line Items]
Employee contributions healthcare expense net	$ 2,612	$ 2,001	$ 7,954	$ 5,744	$ 5,199
Accrued compensation	7,806		8,942	7,562
Workers' compensation expense	1,585	$ 1,460	5,910	4,043	3,092
Insurance claim receivables	2,710		2,055	1,777
Administration expense related to employee contribution plan			695	529	$ 95
IBNR Reserves [Member]
Pension Plans, Postretirement and Other Employee Benefits [Line Items]
Workers compensation included in other current liabilities and long term liabilities			5,920	4,570
Accrued insurance included in other current liabilities and long term liabilities			4,278	3,430
Workers compensation included in other current liabilities	1,660		1,660
Workers compensation included in other long term liabilities	4,556		4,260
Accrued insurance included in other current liabilities	1,012		1,012
Accrued insurance included in other long term liabilities	4,163		3,266
Medical IBNR included in Accrued compensation [Member]
Pension Plans, Postretirement and Other Employee Benefits [Line Items]
Accrued compensation	$ 1,013		$ 913	$ 663

Income Taxes - Additional Information (Detail) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2014	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Income Taxes [Line Items]
Deferred tax effects resulting from Recapitalization				$ 11,285
Net operating loss carryforwards		$ 1,297	$ 688
Unrecognized benefits expected to reverse		891	$ 945
Unrecognized tax benefit that affect effective tax rate		$ 559
Effective tax rate from continuing operations	46.60%	38.90%	(14.80%)	(25.20%)
Stockholders' (Deficit) Equity [Member]
Income Taxes [Line Items]
Deferred tax effects resulting from Recapitalization				$ 11,285

Provision for Income Taxes From Continuing Operations (Detail) - USD ($) $ in Thousands	3 Months Ended		12 Months Ended
	Mar. 31, 2014	Mar. 31, 2013	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Current:
Federal			$ 5,289	$ 1,213	$ 2,035
State			677	194	232
Current Income Tax Expense (Benefit), Total			5,966	1,407	2,267
Deferred:
Federal			(1,554)	(794)	(755)
State			(196)	(58)	(63)
Deferred Income Tax Expense (Benefit), Total			(1,750)	(852)	(818)
Total tax expense	$ 350	$ (5)	$ 4,216	$ 555	$ 1,449

Reconciliation of Effective Tax Rate on (Loss) Income From Continuing Operations and Federal Statutory Tax Rate (Detail) - USD ($) $ in Thousands	3 Months Ended		12 Months Ended
	Mar. 31, 2014	Mar. 31, 2013	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Income Tax Disclosure [Abstract]
Income tax at federal statuatory rate			$ 3,799	$ (1,309)	$ (2,009)
Non-deductible loss from flow through entities prior to Recapitalization					888
Loss of tax attributes resulting from Recapitalization					9,878
Extinguishment of debt					355
Stock Compensation			(97)	1,581	273
Section 199 Deduction			(454)	(268)
Other non-deductible expenses			7	262	76
Change in valuation allowance			647	214	(8,239)
Interest and penalties on uncertain tax positions				56	118
State income taxes, net of federal benefit			314	19	109
Total tax expense	$ 350	$ (5)	$ 4,216	$ 555	$ 1,449
Income tax at federal statuatory rate			35.00%	35.00%	35.00%
Non-deductible loss from flow through entities prior to Recapitalization			0.00%	0.00%	(15.50%)
Loss of tax attributes resulting from Recapitalization			0.00%	0.00%	(172.10%)
Extinguishment of debt			0.00%	0.00%	(6.20%)
Stock Compensation			(0.90%)	(42.30%)	(4.80%)
Section 199 Deduction			(4.20%)	7.20%	0.00%
Other non-deductible expenses			0.10%	(7.00%)	(1.10%)
Change in valuation allowance			6.00%	(5.70%)	143.50%
Interest and penalties on uncertain tax positions			0.00%	(1.50%)	(2.10%)
State income taxes, net of federal benefit			2.90%	(0.50%)	(1.90%)
Total tax expense	46.60%		38.90%	(14.80%)	(25.20%)

Components of Net Deferred Tax Asset or Liability (Detail) - USD ($) $ in Thousands	Dec. 31, 2013	Dec. 31, 2012
Deferred Tax Assets
Accrued reserves and allowances	$ 86	$ 705
Inventories	55	46
Current deferred tax assets	141	751
Property and equipment	1
Net operating loss carryforwards	1,297	688
Long-term deferred tax assets	1,298	688
Total deferred tax assets	1,439	1,439
Less: Valuation allowance	(885)	(228)
Net deferred tax assets	554	1,211
Deferred Tax Liabilities
Accrued reserves and allowances	(29)
Other	(67)
Current deferred tax liabilities	(96)
Property and equipment	(86)	(61)
Intangibles	(374)	(529)
Investment in partnership	(9,554)	(11,932)
Other		(64)
Long-term deferred tax liabilities	(10,014)	(12,586)
Total deferred tax liabilities	(10,110)	(12,586)
Net deferred tax liabilities	$ (9,556)	$ (11,375)

Gross Unrecognized Tax Benefit (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012
Unrecognized Tax Benefits [Roll Forward]
Unrecognized tax benefits beginning balance	$ 1,365	$ 924
Increase as a result of tax positions taken during the period	891	945
Decrease as a result of tax positions taken during the period	(945)	(504)
Unrecognized tax benefits ending balance	$ 1,311	$ 1,365

Related Party Transactions - Additional Information (Detail) - USD ($) $ in Thousands	3 Months Ended		12 Months Ended
	Mar. 31, 2014	Mar. 31, 2013	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Related Party Transaction [Line Items]
Management fees to related party				$ 4,300	$ 4,760
Related party purchases	$ 1,172	$ 3,124	$ 10,292	3,668	$ 610
IBP Holding Company [Member]
Related Party Transaction [Line Items]
Receivable from IBP Holding Company	600		600	600
Edwards Employee Benefits Trust [Member]
Related Party Transaction [Line Items]
Related party prepaid expense			0	396
New Supplier Relationship [Member]
Related Party Transaction [Line Items]
Related party purchases	$ 1,089	$ 3,085	$ 10,126	$ 743

For an unclassified balance sheet, amount of receivables arising from transactions with related parties.

(Loss) income from continuing operations

Related Party Transactions - Schedule of Related Party Transactions (Detail) - USD ($) $ in Thousands	3 Months Ended		12 Months Ended
	Mar. 31, 2014	Mar. 31, 2013	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Related Party Transactions [Abstract]
Sales	$ 414	$ 246	$ 1,188	$ 1,689	$ 2,704
Purchases	1,172	3,124	10,292	3,668	610
Rent	$ 145	$ 171	$ 671	$ 288	$ 158

Commitments and Contingencies - Additional Information (Detail) - USD ($) $ in Thousands	3 Months Ended		12 Months Ended
	Mar. 31, 2014	Mar. 31, 2013	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Commitments And Contingencies Disclosure [Line Items]
Capital lease assets, Gross	$ 57,776		$ 54,004	$ 39,364
Assets fully depreciated	21,276		22,160	23,033
Capital leased assets, Net book value	26,219		23,623	12,694
Accumulated depreciation	31,557		30,382	26,670
Rent expense under operating leases			7,171	6,343	$ 5,906
Actual purchases made under contract	8,452	$ 6,319	25,884	$ 13,804
Total cost incurred for lawsuits settlement			1,407
Liability for lawsuits settlements recorded	$ 1,000		$ 1,200
Minimum [Member]
Commitments And Contingencies Disclosure [Line Items]
Noncancellable operating leases, renewal period	1 year		1 year
Maximum [Member]
Commitments And Contingencies Disclosure [Line Items]
Noncancellable operating leases, renewal period	5 years		5 years
Vehicles and equipment leases [Member] \| Minimum [Member]
Commitments And Contingencies Disclosure [Line Items]
Estimated life of the capital lease	4 years		4 years
Vehicles and equipment leases [Member] \| Maximum [Member]
Commitments And Contingencies Disclosure [Line Items]
Estimated life of the capital lease	6 years		6 years
Contract One [Member]
Commitments And Contingencies Disclosure [Line Items]
Extended term of contract	Dec. 31, 2014		Dec. 31, 2014
Contract Two [Member]
Commitments And Contingencies Disclosure [Line Items]
Extended term of contract	Aug. 31, 2017		Aug. 31, 2017

Commitments and Contingencies - Future Minimum Lease Payments Under Noncancellable Operating Leases (Detail) - USD ($) $ in Thousands	Mar. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Future Minimum Payments Under Non Cancelable Operating Leases With Initial Terms Of One Year Or More [Line Items]
2014		$ 8,789
Remainder of 2014	$ 412
2015		7,224
2016		4,858
2017		2,566
2018		917
Thereafter		49
Capital Leases, Future Minimum Payments, Net Minimum Payments, Total		24,403
Less: Amounts representing interest		(2,370)
Total obligation under capital leases		22,033
Less: Current portion of capital leases	(8,277)	(7,663)	$ (3,822)
Long term capital lease obligation	16,109	14,370	$ 8,362
2014		5,363
2015	495	3,692
2016	400	2,657
2017	158	1,464
2018	34	1,003
Thereafter		2,064
Operating Leases, Future Minimum Payments Due, Total		16,243
Related Party Operating Lease [Member]
Future Minimum Payments Under Non Cancelable Operating Leases With Initial Terms Of One Year Or More [Line Items]
2014		557
2015		495
2016		400
2017		158
2018		34
Operating Leases, Future Minimum Payments Due, Total		1,644
Other Operating Leases [Member]
Future Minimum Payments Under Non Cancelable Operating Leases With Initial Terms Of One Year Or More [Line Items]
2014		4,806
2015		3,197
2016		2,257
2017		1,306
2018		969
Thereafter		2,064
Operating Leases, Future Minimum Payments Due, Total		$ 14,599

Commitments and Contingencies - Total Rent Expense Under Operating Lease (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Operating Leases [Line Items]
Rent expense under operating leases	$ 7,171	$ 6,343	$ 5,906
Cost of Sales [Member]
Operating Leases [Line Items]
Rent expense under operating leases	573	435	382
Selling and Marketing Expense [Member]
Operating Leases [Line Items]
Rent expense under operating leases	32	113	173
Administrative [Member]
Operating Leases [Line Items]
Rent expense under operating leases	$ 6,566	$ 5,795	$ 5,351

Commitments and Contingencies - Schedule of Purchase Obligations Under Contract (Detail) - USD ($) $ in Thousands	Mar. 31, 2014	Dec. 31, 2013
Commitments And Contingencies Disclosure [Abstract]
Total	$ 3,489	$ 5,000
Remainder of 2014	3,489
Payments Less than 1 year		5,000
2015
Payments due by period 1-3 years
2016
Payments due by period 3-5 years
2017
2018
More than 5 years

Business Combinations - Additional Information (Detail) - USD ($) $ in Thousands						3 Months Ended		12 Months Ended
	Mar. 24, 2014	Nov. 01, 2013	Mar. 16, 2013	Nov. 16, 2012	Aug. 31, 2012	Mar. 31, 2014	Mar. 31, 2013	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Business Acquisition [Line Items]
Seller obligation							$ 300	$ 300	$ 571
Amortization expense of intangible assets								3,057	3,082	$ 3,986
Series of Individually Immaterial Business Acquisitions [Member]
Business Acquisition [Line Items]
Amortization expense of intangible assets						$ 21	$ 47	$ 17	567	$ 648
Ace [Member]
Business Acquisition [Line Items]
Membership interests of acquired			100.00%
Seller obligation			$ 300
Purchase price			$ 687
U.S. Insulation [Member]
Business Acquisition [Line Items]
Seller obligation	$ 279
Purchase price	$ 2,006
Percentage of Common stock acquired	100.00%
TCI [Member]
Business Acquisition [Line Items]
Membership interests of acquired					100.00%
Seller obligation					$ 571
Percentage of common stock issued in acquisition					11.50%
Number of common stock issued for acquisition, shares					2,533,908
Number of common stock issued for acquisition, value					$ 4,100
Revenue since the acquisition date									12,354
Net income (loss) since the acquisition date									(1,144)
TCI [Member] \| Subsidiary of TCI [Member]
Business Acquisition [Line Items]
Membership interests of acquired					87.50%
TCI [Member] \| Other Holders [Member]
Business Acquisition [Line Items]
Membership interests of acquired					12.50%
Accurate [Member]
Business Acquisition [Line Items]
Membership interests of acquired				100.00%
Seller obligation				$ 80
Revenue since the acquisition date									1,743
Net income (loss) since the acquisition date									$ 126
Purchase price				$ 1,198
KMB [Member]
Business Acquisition [Line Items]
Membership interests of acquired		100.00%
Seller obligation		$ 80
Purchase price		$ 494

Business Combinations - Summary of Estimated Fair Value of Assets Acquired and Liabilities Assumed (Detail) - USD ($) $ in Thousands						3 Months Ended	12 Months Ended
	Mar. 24, 2014	Nov. 01, 2013	Mar. 16, 2013	Nov. 16, 2012	Aug. 31, 2012	Mar. 31, 2013	Dec. 31, 2013	Dec. 31, 2012
Business Acquisition [Line Items]
Seller obligations						$ 300	$ 300	$ 571
Ace [Member]
Business Acquisition [Line Items]
Accounts receivable			$ 213
Inventory			14
Property and equipment			263
Intangibles			1,106
Accounts payable and accrued expenses			(609)
Total purchase price			987
Seller obligations			300
Cash paid			687
Total purchase price			$ 987
U.S. Insulation [Member]
Business Acquisition [Line Items]
Accounts receivable	$ 1,122
Inventory	234
Other current assets	105
Property and equipment	520
Intangibles	846
Goodwill	1,217
Accounts payable and accrued expenses	(1,362)
Deferred tax liability	(397)
Total purchase price	2,285
Seller obligations	279
Cash paid	2,006
Total purchase price	$ 2,285
TCI [Member]
Business Acquisition [Line Items]
Cash					$ 317
Accounts receivable					3,880
Inventory					1,984
Other current assets					244
Property and equipment					285
Intangibles					4,390
Goodwill					834
Accounts payable and accrued expenses					(5,815)
Deferred tax liability					(1,387)
Long-term debt					(61)
Total purchase price					4,671
Fair value of common stock issued					4,100
Seller obligations					571
Total purchase price					$ 4,671
Accurate [Member]
Business Acquisition [Line Items]
Cash				$ 58
Accounts receivable				1,606
Inventory				564
Note receivable				171
Other current assets				47
Property and equipment				183
Intangibles				1,123
Accounts payable and accrued expenses				(2,037)
Long-term debt				(437)
Total purchase price				1,278
Seller obligations				80
Cash paid				1,198
Total purchase price				$ 1,278
KMB [Member]
Business Acquisition [Line Items]
Inventory		$ 54
Other current assets		37
Property and equipment		75
Intangibles		226
Goodwill		182
Total purchase price		574
Seller obligations		80
Cash paid		494
Total purchase price		$ 574

Business Combinations - Estimates of Acquired Intangible Assets (Detail) - USD ($) $ in Thousands					1 Months Ended
	Mar. 24, 2014	Nov. 01, 2013	Mar. 16, 2013	Aug. 31, 2012	Nov. 16, 2012
Ace [Member] \| Customer relationships [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Estimated Fair Value			$ 826
Weighted Average Estimated Useful Life (yrs)			10 years
Ace [Member] \| Trademarks and tradenames [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Estimated Fair Value			$ 280
Weighted Average Estimated Useful Life (yrs)			15 years
Ace [Member] \| Non-competition agreements [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Estimated Fair Value
U.S. Insulation [Member] \| Customer relationships [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Estimated Fair Value	$ 546
Weighted Average Estimated Useful Life (yrs)	10 years
U.S. Insulation [Member] \| Trademarks and tradenames [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Estimated Fair Value	$ 216
Weighted Average Estimated Useful Life (yrs)	15 years
U.S. Insulation [Member] \| Non-competition agreements [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Estimated Fair Value	$ 84
Weighted Average Estimated Useful Life (yrs)	5 years
TCI [Member] \| Customer relationships [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Estimated Fair Value				$ 2,500
Weighted Average Estimated Useful Life (yrs)				10 years
TCI [Member] \| Trademarks and tradenames [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Estimated Fair Value				$ 1,820
Weighted Average Estimated Useful Life (yrs)				8 years
TCI [Member] \| Non-competition agreements [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Estimated Fair Value				$ 70
Weighted Average Estimated Useful Life (yrs)				2 years
Accurate [Member] \| Customer relationships [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Estimated Fair Value					$ 741
Weighted Average Estimated Useful Life (yrs)					10 years
Accurate [Member] \| Trademarks and tradenames [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Estimated Fair Value					$ 247
Weighted Average Estimated Useful Life (yrs)					15 years
Accurate [Member] \| Non-competition agreements [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Estimated Fair Value					$ 135
Weighted Average Estimated Useful Life (yrs)					3 years
KMB [Member] \| Customer relationships [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Estimated Fair Value		$ 146
Weighted Average Estimated Useful Life (yrs)		10 years
KMB [Member] \| Trademarks and tradenames [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Estimated Fair Value		$ 58
Weighted Average Estimated Useful Life (yrs)		15 years
KMB [Member] \| Non-competition agreements [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Estimated Fair Value		$ 22
Weighted Average Estimated Useful Life (yrs)		5 years

Business Combinations - Pro forma Results of Operations (Detail) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		12 Months Ended
	Mar. 31, 2014	Mar. 31, 2013	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Business Combinations [Abstract]
Net revenue	$ 107,989	$ 94,621	$ 432,569	$ 334,885	$ 277,834
Net (loss) income	518	(606)	5,925	(3,499)	(13,951)
Net income (loss) attributable to common shareholders	$ (19,379)	$ (2,093)	$ (298)	$ (9,028)	$ 68,657
Net income (loss) per share attributable to common shareholders (basic and diluted)	$ (0.75)	$ (0.09)	$ (0.01)	$ (0.41)	$ 3.12

Discontinued Operations - Additional Information (Detail) $ in Thousands	3 Months Ended	12 Months Ended
	Dec. 31, 2012 USD ($)	Dec. 31, 2012 USD ($)	Dec. 31, 2011 Branch
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Number of branches closed \| Branch			6
Vendor Contracts [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Pre-tax gain in discontinued operations \| $	$ 4,500	$ 4,500

Summary of Operations of Discontinued Markets (Detail) - USD ($) $ in Thousands	3 Months Ended		12 Months Ended
	Mar. 31, 2014	Mar. 31, 2013	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Discontinued Operations And Disposal Groups [Abstract]
Net revenue			$ 765	$ 4,020	$ 9,574
(Loss) income from discontinued operations, before income taxes	$ (45)	$ (287)	(960)	3,835	(2,455)
Income tax benefit (expense)	17		362	(1,447)	660
(Loss) income from discontinued operations, after tax	$ (28)	$ (287)	$ (598)	$ 2,388	$ (1,795)

Income (Loss) Per Common Share - Additional Information (Detail) - shares	3 Months Ended		12 Months Ended
	Mar. 31, 2014	Mar. 31, 2013	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Earnings Per Share [Abstract]
Dilutive common shares	0	0	0	0	0

Subsequent Events - Additional Information (Detail) $ / shares in Units, $ in Thousands				3 Months Ended	12 Months Ended
	Mar. 24, 2014 USD ($)	Feb. 19, 2014 USD ($)	Feb. 10, 2014	Mar. 31, 2014 USD ($) $ / shares shares	Dec. 31, 2013 USD ($) Lawsuits $ / shares shares	Jan. 30, 2014 $ / shares shares	Dec. 31, 2012 $ / shares shares
Subsequent Event [Line Items]
Number of lawsuit \| Lawsuits					2
Total cost incurred for lawsuits settlement					$ 1,407
Payment for lawsuits settlements					200
Liability for lawsuits settlements recorded				$ 1,000	$ 1,200
Common Stock, shares authorized \| shares				100,000,000	27,200,862		27,200,862
Common Stock, Par Value \| $ / shares				$ 0.01	$ 0.01		$ 0.01
Preferred stock, shares authorized \| shares				5,000,000	0
Preferred Stock Par Value \| $ / shares				$ 0.01	$ 0.01
Payment to redeem redeemable preferred stock				$ 75,735
IPO [Member]
Subsequent Event [Line Items]
Stock split ratio			19.5
Payment for underwriting fees		$ 6,597
Payment to redeem redeemable preferred stock		75,735
IPO [Member] \| Revolving Credit Facility [Member]
Subsequent Event [Line Items]
Payment of revolving credit facility		11,910
Subsequent Event [Member] \| IPO [Member]
Subsequent Event [Line Items]
Stock split ratio			19.5
Payment for underwriting fees		6,597
Payment to redeem redeemable preferred stock		75,735
Subsequent Event [Member] \| IPO [Member] \| Revolving Credit Facility [Member]
Subsequent Event [Line Items]
Payment of revolving credit facility		$ 11,910
Subsequent Event [Member] \| Shareholders' Equity [Member]
Subsequent Event [Line Items]
Common Stock, shares authorized \| shares						100,000,000
Common Stock, Par Value \| $ / shares						$ 0.01
Preferred stock, shares authorized \| shares						5,001,000
Preferred Stock Par Value \| $ / shares						$ 0.01
Subsequent Event [Member] \| Shareholders' Equity [Member] \| Series A Preferred Stock [Member]
Subsequent Event [Line Items]
Preferred stock, shares authorized \| shares						1,000
Subsequent Event [Member] \| U.S. Insulation [Member]
Subsequent Event [Line Items]
Total consideration	$ 2,444

Quarterly Financial Information (Detail) - USD ($)
$ / shares in Units, $ in Thousands

3 Months Ended

12 Months Ended

Mar. 31, 2014

Dec. 31, 2013

Sep. 30, 2013

Jun. 30, 2013

Mar. 31, 2013

Dec. 31, 2012

^[1]

Sep. 30, 2012

Jun. 30, 2012

Mar. 31, 2012

Dec. 31, 2013

Dec. 31, 2012

Dec. 31, 2011

Income Statement [Abstract]

Net sales

$ 105,946

$ 119,330

$ 115,951

$ 104,686

$ 91,962

$ 91,398

$ 80,307

$ 68,173

$ 61,375

$ 431,929

$ 301,253

$ 238,447

Gross profit

26,405

31,210

29,949

26,255

22,274

21,804

20,266

17,145

14,828

109,688

74,043

57,226

401

2,377

3,068

1,436

(243)

2,375

1,029

(5,623)

(2,075)

6,638

(4,294)

(7,190)

Net (loss) income

373

2,377

2,967

1,226

(530)

5,093

898

(5,624)

(2,273)

6,040

(1,906)

(8,985)

Net (loss) income attributable to common stockholders

$ (19,524)

$ 751

$ 1,389

$ (306)

$ (2,017)

$ 3,649

$ (504)

$ (6,985)

$ (3,595)

$ (183)

$ (7,435)

$ 73,623

Net (loss) income per share (basic and diluted):

(Loss) income per share from continuing operations attributable to common stockholders

$ (0.75)

$ 0.03

$ 0.07

$ (0.08)

$ 0.04

$ (0.02)

$ (0.36)

$ (0.17)

$ 0.02

$ (0.49)

$ 3.87

(Loss) income per share attributable to common stockholders

$ (0.76)

$ 0.03

$ 0.07

$ (0.01)

$ (0.09)

$ 0.17

$ (0.02)

$ (0.36)

$ (0.18)

$ (0.01)

$ (0.37)

$ 3.78

[1]

The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Glossary Net Income
-URI http://asc.fasb.org/extlink&oid=6518256

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 230
-SubTopic 10
-Section 45
-Paragraph 28
-URI http://asc.fasb.org/extlink&oid=31042434&loc=d3e3602-108585

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 944
-SubTopic 225
-Section S99
-Paragraph 1
-Subparagraph (SX 210.7-04.19)
-URI http://asc.fasb.org/extlink&oid=6879464&loc=d3e573970-122913

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 225
-SubTopic 10
-Section S99
-Paragraph 2
-Subparagraph (SX 210.5-03.18)
-URI http://asc.fasb.org/extlink&oid=26872669&loc=d3e20235-122688

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 944
-SubTopic 225
-Section S99
-Paragraph 1
-Subparagraph (SX 210.7-04.22)
-URI http://asc.fasb.org/extlink&oid=6879464&loc=d3e573970-122913

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Glossary Other Comprehensive Income
-URI http://asc.fasb.org/extlink&oid=6519514

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 6
-URI http://asc.fasb.org/extlink&oid=28358780&loc=d3e565-108580

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 03
-Paragraph 19
-Article 5

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 04
-Paragraph 20
-Article 9