NCI Building Systems Announces Changes to Reportable Business Segments
Company Schedules Conference Call on March 1, 2018 at 9:00am ET
HOUSTON, Feb. 22, 2018 /PRNewswire/ -- NCI Building Systems, Inc. (NYSE: NCS) announced today a change to its reportable business segments, effective for the quarter ending January 28, 2018, to align with changes in how the Company manages its business, reviews operating performance and allocates resources.
As of the first quarter, the Company will begin reporting results under four reportable segments which will be Engineered Building Systems, Metal Components, Insulated Metal Panels and Metal Coil Coating. Previously, operating results for the Insulated Metal Panel product line were included in the Metal Components segment. In addition, CENTRIA's coil coating operations which have also been included in the Metal Components segment, since the Company's acquisition of CENTRIA in January 2015, will now be reported within the Metal Coil Coating segment. The Company will begin reporting its financial results under the new reportable segments with the filing of its Form 10-Q for the quarter ending January 28, 2018.
Two years of historical financial results for previously reported quarterly and annual periods for fiscal 2016 and 2017 have been recast reflecting the four new business segments and will be made available by the filing of a Form 8-K after market close on February 28, 2018.
| Prior Reporting Segments |
New Reporting Segments |
|
| Engineered Building Systems |
Engineered Building Systems |
|
| Metal Components |
Metal Components |
|
| Metal Coil Coating |
Insulated Metal Panels |
|
| Metal Coil Coating |
The Company has scheduled a conference call to discuss its new reportable segment disclosure on Thursday, March 1, starting at 9:00 a.m. ET (8:00 a.m. CT).
| By Phone: |
Dial 1-877-407-0672 or 1-412-902-0003 at least 10 minutes before the call. A telephone replay will be available through March 15, 2018 by dialing 1-877-660-6853 or 201-612-7415 using the access code 13676347#. |
| By Webcast: |
Visit the Event Calendar, Calls & Webcast section of the Investor Relations page of NCI's website. Please log on at least 10 minutes in advance to register and download any necessary software. A replay will be available shortly after the call and will be accessible for approximately 90 days. |
About NCI Building Systems
NCI Building Systems, Inc. is one of North America's largest integrated manufacturers of metal products for the nonresidential building industry. NCI is comprised of a family of companies operating manufacturing facilities across the United States, Canada and Mexico with additional sales and distribution offices throughout the United States and Canada. For more information visit www.ncibuildingsystems.com.
Contact:
K. Darcey Matthews
Vice President, Investor Relations
281-897-7785
SOURCE NCI Building Systems, Inc.
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