Financial Data and Key Metrics Changes - Revenue in Q3 increased by over 24% year-over-year, reaching $379 million compared to $305 million in the prior year quarter [12][13] - Adjusted EBITDA grew by 15% year-over-year to $85 million, with an adjusted EBITDA margin of 22.3% [5][13] - GAAP earnings per share were $0.92, up from $0.79 in the prior year, with adjusted earnings at $0.98 per share, up from $0.91 [12][13] - Consolidated net sales for the trailing twelve months (TTM) increased by 22% to $297 million compared to $243 million in the prior year [14] Business Line Data and Key Metrics Changes - Building Products segment net sales grew 36% year-over-year to $224 million, driven by higher volumes and acquisitions [18] - Consumer Products segment net sales increased by 11% to $155 million, supported by improved volumes and higher average selling prices [20] - Adjusted EBITDA for Building Products was $59 million with a margin of 26.3%, while Consumer Products achieved an adjusted EBITDA of $35 million with a margin of 22.9% [18][20] Market Data and Key Metrics Changes - The demand in end markets is steady, with expectations for growth as market conditions improve [10][11] - The company is not over-indexed to any specific vertical or industry, allowing for diversified growth opportunities [29] Company Strategy and Development Direction - The company is leveraging the Worthington Business System (WBS) focusing on innovation, transformation, and M&A to drive growth [6][8] - Recent acquisitions, such as LSI, are expected to enhance the company's position in engineered building systems [8][70] - The company is investing in workforce development through career accelerator programs to build future talent [9] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the future, citing strong demand in key markets and the ability to capitalize on growth opportunities [10][11] - The company is focused on maintaining operational efficiencies and improving margins while navigating a mixed economic environment [4][11] Other Important Information - The company returned $9 million to shareholders through dividends and repurchased 100,000 shares of common stock [15] - The modernization project is on track and expected to complete by mid-fiscal year 2027, with remaining capital expenditures of approximately $25 million [16] Q&A Session Summary Question: Can you talk about volume versus price in organic revenue growth? - Management indicated that both volume and pricing contributed to organic growth, with Building Products up 16% and Consumer Products up 11% [24][25] Question: Can you provide color on organic growth expectations for Q4? - Management refrained from providing specific guidance but noted that trends are expected to continue positively [29] Question: How is the tank business in data centers performing? - Management highlighted significant growth in the ASME cooling tanks for data centers, expecting continued demand over several years [34][35] Question: What is the status of the LSI acquisition? - The integration of LSI is on track, with early results meeting expectations and a strong cultural fit noted [70][71] Question: How are tariffs impacting the business? - Management believes they are net beneficiaries of tariffs, with continued market share growth in various value streams [76][77]