SEC Comment Letter 0000000000-23-003909 to BEACON ROOFING SUPPLY INC (CIK 0001124941)
BEACON ROOFING SUPPLY INC (CIK 0001124941)
Date: April 19, 2023 · CIK: 0001124941 · Accession: 0000000000-23-003909
AI Filing Summary & Sentiment
File numbers found in text: 000-50924
Letter
United States securities and exchange commission logo April 19, 2023 Frank Lonegro Executive Vice President and Chief Financial Officer Beacon Roofing Supply, Inc. 505 Huntmar Park Drive, Suite 300 Hearndon, VA 20170 Re:Beacon Roofing Supply, Inc. Form 10-K for Fiscal Year Ended December 31, 2022 Filed February 24, 2023 File No. 000-50924 Dear Frank Lonegro: We have reviewed your filing and have the following comments. In some of our comments, we may ask you to provide us with information so we may better understand your disclosure. Please respond to these comments within ten business days by providing the requested information or advise us as soon as possible when you will respond. If you do not believe our comments apply to your facts and circumstances, please tell us why in your response. After reviewing your response to these comments, we may have additional comments. Form 10-K for Fiscal Year Ended December 31, 2022 Consolidated Financial Statements Consolidated Balance Sheets, page 44 1.Please tell us with quantification the significant components of accrued expenses as of each balance sheet date. Also, separately disclose any components that exceed the thresholds of Rule 5-02.20 of Regulation S-X. Consolidated Statements of Operations, page 45 2.Please tell us your basis in GAAP for presenting net income (loss) attributable to common stockholders without reduction for undistributed earnings attributable to participating preferred stock. Refer to ASC 260-10-45-60 through 45-60B, ASC 260-10- 45-65 through 45-66 and ASC 260-10-55-73.
FirstName LastNameFrank Lonegro Comapany NameBeacon Roofing Supply, Inc. April 19, 2023 Page 2 FirstName LastName Frank Lonegro Beacon Roofing Supply, Inc. April 19, 2023 Page 2 We remind you that the company and its management are responsible for the accuracy and adequacy of their disclosures, notwithstanding any review, comments, action or absence of action by the staff. You may contact Blaise Rhodes at 202-551-3774 or Rufus Decker at 202-551-3769 if you have questions. Sincerely, Division of Corporation Finance Office of Trade & Services
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United States securities and exchange commission logo
April 19, 2023
Frank Lonegro
Executive Vice President and Chief Financial Officer
Beacon Roofing Supply, Inc.
505 Huntmar Park Drive, Suite 300
Hearndon, VA 20170
Re:Beacon Roofing Supply, Inc.
Form 10-K for Fiscal Year Ended December 31, 2022
Filed February 24, 2023
File No. 000-50924
Dear Frank Lonegro:
We have reviewed your filing and have the following comments. In some of our
comments, we may ask you to provide us with information so we may better understand your
disclosure.
Please respond to these comments within ten business days by providing the requested
information or advise us as soon as possible when you will respond. If you do not believe our
comments apply to your facts and circumstances, please tell us why in your response.
After reviewing your response to these comments, we may have additional comments.
Form 10-K for Fiscal Year Ended December 31, 2022
Consolidated Financial Statements
Consolidated Balance Sheets, page 44
1.Please tell us with quantification the significant components of accrued expenses as of
each balance sheet date. Also, separately disclose any components that exceed the
thresholds of Rule 5-02.20 of Regulation S-X.
Consolidated Statements of Operations, page 45
2.Please tell us your basis in GAAP for presenting net income (loss) attributable to common
stockholders without reduction for undistributed earnings attributable to
participating preferred stock. Refer to ASC 260-10-45-60 through 45-60B, ASC 260-10-
45-65 through 45-66 and ASC 260-10-55-73.
FirstName LastNameFrank Lonegro
Comapany NameBeacon Roofing Supply, Inc.
April 19, 2023 Page 2
FirstName LastName
Frank Lonegro
Beacon Roofing Supply, Inc.
April 19, 2023
Page 2
We remind you that the company and its management are responsible for the accuracy
and adequacy of their disclosures, notwithstanding any review, comments, action or absence of
action by the staff.
You may contact Blaise Rhodes at 202-551-3774 or Rufus Decker at 202-551-3769 if
you have questions.
Sincerely,
Division of Corporation Finance
Office of Trade & Services