Pretty much yes.
I also put some left over foam carpeting under it that I had left over like this: https://www.amazon.com/ProSource-Pilates-71-inch-Exercise-Carrying/dp/B01N5UTRZW/ref=sr_1_5?ie=UTF8&qid=1533353485&sr=8-5&keywords=carpet+flooring+mats
It isn't required but it feels a little nicer imo.
Here is a guy who pretty much did exactly what I did. http://www.angelfire.com/pro2/softpadmod/
You can complete a whole pad for about $50-60 total. Not a bad investment either. DId take me like a full 48hrs tho.
Cheers