Financial Performance - In 2021, U.S. retail expenditures on boats, engines, accessories, and related costs totaled approximately $56.7 billion, up approximately 13% from 2020[34]. - Marine powerboat retail unit shipments decreased approximately 15% in 2022 compared to 2021, while marine wholesale unit shipments increased approximately 7% in 2022 compared to 2021[35]. - The manufactured housing (MH) industry saw wholesale unit shipments increase from approximately 49,800 units in 2009 to approximately 112,900 units in 2022, although still below historical levels[37]. - The Company completed acquisitions for approximately $250 million in 2022 and approximately $1.09 billion over the last three years[45]. - Approximately 70% to 80% of the Company's industrial net sales in 2022 were associated with the U.S. residential housing market[41]. Customer and Sales Information - The Company had approximately 4,500 active customers as of December 31, 2022, with sales to Forest River and Thor accounting for 38%, 42%, and 39% of consolidated net sales in 2022, 2021, and 2020, respectively[53]. Capital Expenditures and Inventory - Capital expenditures for 2022 consisted of $80 million primarily for advanced manufacturing automation and capacity increases[47]. - The Company’s inventory levels remained elevated as of December 31, 2022, compared to historical norms, due to supply chain constraints[57]. Workforce and Culture - Approximately 83% of the Company's team members are hourly employees, totaling approximately 11,000 as of December 31, 2022[64]. - The company emphasizes a merit-based, inclusive, and diverse culture to enhance team member engagement and retention, which is critical for serving customers effectively[66]. - Leadership development programs are in place to cultivate a diverse talent pool, aimed at advancing team members' careers and enhancing organizational capabilities[67]. - The company has implemented various human capital management programs, including free mental health assistance and tuition reimbursement, to support team members' well-being and professional growth[67]. - The company is committed to maintaining a safe working environment, with initiatives such as job safety analysis and OSHA preparedness training[67]. - The company’s focus on teamwork, empowerment, and respect is integral to its operational philosophy, fostering a collaborative and productive work environment[67]. Executive Leadership - The executive team includes experienced leaders, such as CEO Andy L. Nemeth, who has over 31 years of industry experience, and CFO Jacob R. Petkovich, who has a strong background in leveraged finance[69][72]. Community Engagement - The company actively engages in community involvement initiatives, providing team members opportunities to contribute to local communities[67]. Transparency and Compliance - The company’s website offers free access to various reports, including the Annual Report on Form 10-K and quarterly reports, ensuring transparency and compliance with SEC regulations[75]. Pricing and Cost Management - The company has been able to pass on price adjustments to customers during periods of volatile commodity prices, which include lauan, gypsum, fiberglass, and aluminum, although future cost increases may not always be fully passed on[216]. Debt Obligations - As of December 31, 2022, the company's total debt obligations under the 2021 Credit Agreement amounted to $217.2 million, with a potential additional annual interest cost of approximately $2.2 million for a 100-basis point increase in SOFR rates[215].

Q4 2022 EARNINGS PRESENTATION February 9, 2023 Q4 2022 Earnings Presentation 1 FORWARD LOOKING STATEMENTS This presentation contains certain statements related to future results, our intentions, beliefs and expectations or predictions for the future which are forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. These forward-looking statements involve a number of risks and uncertainties that could cause actual results to differ materially from either hi ...

Patrick Industries, Inc. (NASDAQ:PATK) Q4 2022 Earnings Conference Call February 9, 2023 10:00 AM ET Company Participants Steve O'Hara - Vice President, Investor Relations Andy Nemeth - Chief Executive Officer Jeff Rodino - President Jake Petkovich - Chief Financial Officer Conference Call Participants Scott Stember - ROTH MKM Partners Mike Swartz - Truist Securities Daniel Moore - CJS Securities Craig Kennison - Baird Rafe Jadrosich - Bank of America Operator Good morning, ladies and gentlemen, and welcome ...

Patrick Industries, Inc. (NASDAQ:PATK) Q3 2022 Earnings Conference Call October 27, 2022 10:00 AM ET Company Representatives Andy Nemeth - Chief Executive Officer Jeff Rodino - President Jake Petkovich - Chief Financial Officer Steve O'Hara - Vice President, Investor Relations Conference Call Participants Scott Stember - MKM Partners Daniel Moore - CJS Securities Rafe Jadrosich - Bank of America Operator Good morning ladies and gentlemen. Welcome to Patrick Industries, Third Quarter 2022 Earnings Conference ...

% PATRICK September 2022 Investor Presentation 1 Investor Presentation September 2022 FORWARD LOOKING STATEMENTS This presentation contains certain statements related to future results, our intentions, beliefs and expectations or predictions for the future which are forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. These forward-looking statements involve a number of risks and uncertainties that could cause actual results to differ materially from ei ...

Patrick Industries, Inc. (NASDAQ:PATK) Q2 2022 Earnings Conference Call July 28, 2022 10:00 AM ET Company Participants Julie Ann Kotowski - Director, IR Andy Nemeth - CEO Jeffrey Rodino - President Jake Petkovich - CFO Conference Call Participants Brett Andress - KeyBanc Craig Kennison - Baird Scott Stember - MKM Partners Daniel Moore - CJS Securities Michael Swartz - Truist Securities Rafe Jadrosich - Bank of America Operator Good morning, ladies and gentlemen, and welcome to Patrick Industries Second Quar ...

Patrick Industries Inc (NASDAQ:PATK) Q1 2022 Results Conference Call April 28, 2022 10:00 AM ET Company Participants Julie Ann Kotowski - Director, IR Andy Nemeth - CEO Jeff Rodino - President Jake Petkovich - CFO Conference Call Participants Brett Andress – KeyBanc Daniel Moore - CJS Securities Mike Swartz - Truist Securities Rafe Jadrosich - Bank of America Julie Ann Kotowski Good morning, everyone, and welcome to our call this morning. I am joined on the call today by Andy Nemeth, CEO; Jeff Rodino, Presi ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Fiscal Year Ended December 31, 2021 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ……………… to ……………… Commission file number 000-03922 PATRICK INDUSTRIES, INC. (Exact name of registrant as specified in its charter) Indiana 35-1057796 (State or other jurisdict ...

p 4th Quarter 2021 Earnings Presentation FORWARD-LOOKING STATEMENTS This presentation contains certain statements related to future results, our intentions, beliefs and expectations or predictions for the future which are forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. These forward-looking statements involve a number of risks and uncertainties that could cause actual results to differ materially from either historical or anticipated results depend ...

Patrick Industries, Inc. (NASDAQ:PATK) Q4 2021 Earnings Conference Call February 10, 2022 10:00 AM ET Company Participants Andy Nemeth – Chief Executive Officer Julie Ann Kotowski – Investor Relations Jeff Rodino – President Jake Petkovich – Chief Financial Officer Conference Call Participants Scott Stember – CL King Daniel Moore – CJS Securities Craig Kennison – Baird Operator Good morning, ladies and gentlemen, and welcome to Patrick Industries, Fourth Quarter 2021 Earnings Conference Call. My name is Me ...