{"schema_version":"secwatch.filing_event.v1","accession":"0000076605-23-000045","form_type":"8-K","ticker":"PATK","cik":"0000076605","company_name":"PATRICK INDUSTRIES INC","filed_at":"2023-02-09T23:59:59+00:00","discovered_at":"2026-05-14T18:03:48.052821+00:00","generated_at":"2026-06-19T21:09:53.288328+00:00","sec_items":["2.02","7.01","8.01","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Patrick Industries Q4 net sales down 17% to $952M; full year record $4.9B; dividend raised 36% to $0.45","bullets":["Q4 net sales $952M (-17% YoY); net income $40M (-34%); diluted EPS $1.68 (-36%).","Full year net sales $4.9B (+20%); net income $328M (+46%); adjusted EBITDA $643M (+34%).","RV revenue down 39% amid 47% wholesale unit decline; marine revenue up 35% supporting diversification.","Quarterly cash dividend declared $0.45 per share (36% increase), payable March 6, 2023.","Q4 operating cash flow $182M (+74%); repurchased $28M shares in Q4; share repurchase authorization increased to $100M."],"urls":{"canonical":"https://secwatch.observer/filing/0000076605-23-000045","json":"https://secwatch.observer/filing/0000076605-23-000045.json","markdown":"https://secwatch.observer/filing/0000076605-23-000045.md","text":"https://secwatch.observer/filing/0000076605-23-000045.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/76605/000007660523000045/0000076605-23-000045-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/76605/000007660523000045/patk-20230206.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-19T21:09:53.288328+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"e13f2e9c67ac876377fa71f66c5aad7a6c3af628","claim":"PATRICK INDUSTRIES INC reported the full year ended December 31, 2022 results: revenue $4.9 billion, net income $328 million, EPS $13.49.","evidence_excerpt":"million • Release of inaugural Responsibility & Sustainability Report in December Full Year 2022 Highlights (compared to Full Year 2021 unless otherwise noted) • Net sales of $4.9 billion increased 20% • Gross margin of 21.7% increased 210 basis points • Operating income of $496 million increased 41% • Operating margin of 10.2% increased 160 basis points • Net","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/76605/000007660523000045/0000076605-23-000045-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the full year ended December 31, 2022"},{"label":"Revenue","value":"$4.9 billion"},{"label":"Net income","value":"$328 million"},{"label":"EPS","value":"$13.49"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"ef7b1c913def8f9460f11f8136cc61939e26729e","claim":"PATRICK INDUSTRIES INC reported the fourth quarter ended December 31, 2022 results: revenue $952 million, net income $40 million, EPS $1.68.","evidence_excerpt":"FULL YEAR 2022 FINANCIAL RESULTS AND ANNOUNCES QUARTERLY CASH DIVIDEND Fourth Quarter 2022 Highlights (compared to Fourth Quarter 2021 unless otherwise noted) • Net sales of $952 million decreased 17%, with increased marine and manufactured housing revenue partially offsetting a 47% wholesale unit shipment decline in the RV end market • Gross margin of 21.1%","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/76605/000007660523000045/0000076605-23-000045-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fourth quarter ended December 31, 2022"},{"label":"Revenue","value":"$952 million"},{"label":"Net income","value":"$40 million"},{"label":"EPS","value":"$1.68"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}