Residential Interior Door Facings
North American Residential Door Opportunity
Pricing – "First Steps" Have Been Successfully Taken
-
NA Average Unit Price is Increasing
8.0%
(AUP Growth %, year over year)
6.0%
4.0%
2.0%
0.0%
-2.0%
-4.0%
-6.0%
Q3'13
Q2'13
Q1'13
Q4'12
Q3'12
Q2'12
Q1'12
Q4'11
Q3'11
Q2'11
Q1'11
Q4'13
Q1'14
Impact of Recent Pricing*
$15
$10
$5
$-
Q2 '14
Q3 '14
Q4 '14
Q1 '15
~$10 Million of Pricing Expected Q2'14 – Q1'15
~$40
Plus
~$1.36
Million
~29.3
in
of
Annual
Price
Million
Adj.
Shares
EBITDA
per
share
NA AUP Has Increased 4 Consecutive Quarters
Pro-Forma, Pricing adds ~$1.36/share Adj. EBITDA
Masonite Is Committed to Capturing Fair Value for the Products & Services We Provide
(*) - Management believes the majority, but not all, of this incremental pricing will be accretive.
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