# EDGAR Filing Document

**Accession Number:** 0000794619
**File Stem:** 0000000000-23-001693
**Filing Date:** 2023-2
**Character Count:** 12903
**Document Hash:** c8ecd51ede469a84533400ed20c40771
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000000000-23-001693.hdr.sgml**: 20230419

**ACCESSION NUMBER**: 0000000000-23-001693

**CONFORMED SUBMISSION TYPE**: UPLOAD

**PUBLIC DOCUMENT COUNT**: 2

**FILED AS OF DATE**: 20230221

**FILED FOR**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** AMERICAN WOODMARK CORP
- **CENTRAL INDEX KEY:** 0000794619
- **STANDARD INDUSTRIAL CLASSIFICATION:** MILLWOOD, VENEER, PLYWOOD & STRUCTURAL WOOD MEMBERS [2430]
- **IRS NUMBER:** 541138147
- **STATE OF INCORPORATION:** VA
- **FISCAL YEAR END:** 0430

**FILING VALUES:**
- **FORM TYPE:** UPLOAD

**BUSINESS ADDRESS:**
- **STREET 1:** 3102 SHAWNEE DRIVE
- **CITY:** WINCHESTER
- **STATE:** VA
- **ZIP:** 22601
- **BUSINESS PHONE:** (540) 665-9100

**MAIL ADDRESS:**
- **STREET 1:** 3102 SHAWNEE DRIVE
- **CITY:** WINCHESTER
- **STATE:** VA
- **ZIP:** 22601
**PUBLIC REFERENCE ACCESSION NUMBER**: 0000794619-22-000069

## Text-Extract

```

United States securities and exchange commission logo

                            February 21, 2023

       Paul Joachimczyk
       Company Vice President and Chief Financial Officer
       American Woodmark Corporation
       561 Shady Elm Road
       Winchester, VA 22602

                                                        Re: American Woodmark
Corporation
                                                            Form 10-K for the
Fiscal Year Ended April 30, 2022
                                                            Filed June 29, 2022
                                                            Form 10-Q for the
Period Ended October 31, 2022
                                                            Filed November 22,
2022
                                                            File No. 000-14798

       Dear Paul Joachimczyk:

              We have limited our review of your filing to the financial
statements and related
       disclosures 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 the Fiscal Year Ended April 30, 2022

       Liquidity and Capital Resources, page 25

   1.                                                   We note your
disclosures regarding future minimum annual commitments for contractual
                                                        obligations and the A&R
Credit Agreement including a reference to Note F - Loans
                                                        Payable and Long-Term
Debt for a discussion of interest rates. Please revise to disclose
                                                        estimated interest
payments on your debt to fully analyze material cash requirements, to
                                                        the extent material.
Refer to Item 303(b)(1) of Regulation S-K.
       Notes to the Consolidated Financial Statements
       Note A - Summary of Significant Accounting Policies, page 33

   2.                                                   We note you operate
within a single reportable segment. We further note in certain of
 Paul Joachimczyk
FirstName  LastNamePaul Joachimczyk
American Woodmark   Corporation
Comapany21,
February   NameAmerican
             2023        Woodmark Corporation
February
Page 2 21, 2023 Page 2
FirstName LastName
         your earnings calls, you refer to growth among other results in your
business in terms of
         new construction, remodel and made-to-order business. Disclose the
basis for your
         conclusion of having one reportable segment, including a discussion of
whether your
         different revenue streams represent separate operating segments. If
operating segments
         have been aggregated, please tell us the basis for such aggregation
and also tell us your
         consideration of the disclosure requirements in ASC 280-10-50-21. In
your response,
         specifically address how the different information disclosed on your
earnings calls
         impacted your operating and reportable segment assessments.
Revenue Recognition, page 33

3.       We note your disclosure on page 4 that you provide installation
services to your direct
         builder customers via your network of eight primary service centers.
Please quantify for
         us the amount of these service revenues. Tell us and disclose, to the
extent material, your
         revenue recognition policies for these services, including how you
identified your
         performance obligations under ASC 606-10-25-14 and when you satisfy
your
         performance obligations under ASC 606-10-25-23 through 37.
Note M - Revenue Recognition, page 51

4.       We note your disclosures of net sales by major sales distribution
channel and percentage
         of net sales for the Company's largest customers. We also note your
disclosure that you
         offer products in various product lines and categories including
made-to-order and stock.
         Please tell us how you considered disclosure of revenues for external
customers for each
         product and service pursuant to FASB ASC 280-10-50-40.
5.       Please tell us how the new construction, remodel and made-to-order
business information
         discussed on your earnings calls relates to your disaggregated revenue
disclosures on page
         51 as the categories do not appear to by synonymous.

Form 10-Q for the Period Ended October 31, 2022

Management's Discussion and Analysis of Financial Condition and Results of
Operations
Results of Operations, page 20

6.       We note your discussion of financial results and that you attribute
the changes in net sales
         over the reporting periods to growth in all sales channels and the
changes in gross profit
         over the reporting periods to multiple factors, including offsetting
factors. We note a
         similar discussion in your 10-K filing. Please revise to further
describe material changes
         to a line item for the underlying reasons for such changes in both
quantitative and
         qualitative terms, including the impact of offsetting factors. We
further note in your
         respective earnings call, you discuss additional contributing factors
such as backlog, price
         increases, higher material costs among other factors. Tell us your
consideration for
         discussing and quantifying those factors in your filings. Refer to
Item 303(b) and (c) of
         Regulation S-K.
 Paul Joachimczyk
American Woodmark Corporation
February 21, 2023
Page 3

       In closing, 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 Stephany Yang at (202) 551-3167 or Melissa Gilmore at
(202) 551-
3777 with any questions.

FirstName LastNamePaul Joachimczyk                        Sincerely,
Comapany NameAmerican Woodmark Corporation
                                                          Division of
Corporation Finance
February 21, 2023 Page 3                                  Office of
Manufacturing
FirstName LastName

```

### Attached PDF Documents

**Attachment 1:** `filename1`

![img-0.jpeg](img-0.jpeg)

CORPORATION FINANCE

# UNITED STATES  
SECURITIES AND EXCHANGE COMMISSION  
WASHINGTON, D.C. 20549

February 21, 2023

Paul Joachimczyk  
Company Vice President and Chief Financial Officer  
American Woodmark Corporation  
561 Shady Elm Road  
Winchester, VA 22602

**Re: American Woodmark Corporation**  
**Form 10-K for the Fiscal Year Ended April 30, 2022**  
**Filed June 29, 2022**  
**Form 10-Q for the Period Ended October 31, 2022**  
**Filed November 22, 2022**  
**File No. 000-14798**

Dear Paul Joachimczyk:

We have limited our review of your filing to the financial statements and related disclosures 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 the Fiscal Year Ended April 30, 2022

Liquidity and Capital Resources, page 25

1. We note your disclosures regarding future minimum annual commitments for contractual obligations and the A&R Credit Agreement including a reference to *Note F - Loans Payable and Long-Term Debt* for a discussion of interest rates. Please revise to disclose estimated interest payments on your debt to fully analyze material cash requirements, to the extent material. Refer to Item 303(b)(1) of Regulation S-K.

Notes to the Consolidated Financial Statements

Note A - Summary of Significant Accounting Policies, page 33

2. We note you operate within a single reportable segment. We further note in certain of

Paul Joachimczyk
American Woodmark Corporation
February 21, 2023
Page 2

your earnings calls, you refer to growth among other results in your business in terms of new construction, remodel and made-to-order business. Disclose the basis for your conclusion of having one reportable segment, including a discussion of whether your different revenue streams represent separate operating segments. If operating segments have been aggregated, please tell us the basis for such aggregation and also tell us your consideration of the disclosure requirements in ASC 280-10-50-21. In your response, specifically address how the different information disclosed on your earnings calls impacted your operating and reportable segment assessments.

Revenue Recognition, page 33

3. We note your disclosure on page 4 that you provide installation services to your direct builder customers via your network of eight primary service centers. Please quantify for us the amount of these service revenues. Tell us and disclose, to the extent material, your revenue recognition policies for these services, including how you identified your performance obligations under ASC 606-10-25-14 and when you satisfy your performance obligations under ASC 606-10-25-23 through 37.

Note M - Revenue Recognition, page 51

4. We note your disclosures of net sales by major sales distribution channel and percentage of net sales for the Company's largest customers. We also note your disclosure that you offer products in various product lines and categories including made-to-order and stock. Please tell us how you considered disclosure of revenues for external customers for each product and service pursuant to FASB ASC 280-10-50-40.

5. Please tell us how the new construction, remodel and made-to-order business information discussed on your earnings calls relates to your disaggregated revenue disclosures on page 51 as the categories do not appear to by synonymous.

Form 10-Q for the Period Ended October 31, 2022

Management's Discussion and Analysis of Financial Condition and Results of Operations
Results of Operations, page 20

6. We note your discussion of financial results and that you attribute the changes in net sales over the reporting periods to growth in all sales channels and the changes in gross profit over the reporting periods to multiple factors, including offsetting factors. We note a similar discussion in your 10-K filing. Please revise to further describe material changes to a line item for the underlying reasons for such changes in both quantitative and qualitative terms, including the impact of offsetting factors. We further note in your respective earnings call, you discuss additional contributing factors such as backlog, price increases, higher material costs among other factors. Tell us your consideration for discussing and quantifying those factors in your filings. Refer to Item 303(b) and (c) of Regulation S-K.

Paul Joachimczyk
American Woodmark Corporation
February 21, 2023
Page 3

In closing, 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 Stephany Yang at (202) 551-3167 or Melissa Gilmore at (202) 551-3777 with any questions.

Sincerely,

Division of Corporation Finance
Office of Manufacturing