BlueLinx Holdings Inc
For the period ended Jun 29, 2024. Filed Jul 30, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 29, 2024 · Filed Jul 30, 2024
BXC$63.42-2.7%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Balance Sheets
(In thousands, except share data)
| June 29, 2024 | December 30, 2023 | |
|---|---|---|
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | $491,392 | $521,743 |
| Receivables, less allowances of $3,344 and $3,398, respectively | 273,537 | 228,410 |
| Inventories, net | 357,573 | 343,638 |
| Other current assets | 36,220 | 26,608 |
| Total current assets | 1,158,722 | 1,120,399 |
| Property and equipment, at cost | 413,905 | 396,321 |
| Accumulated depreciation | (181,841) | (170,334) |
| Property and equipment, net | 232,064 | 225,987 |
| Operating lease right-of-use assets | 44,418 | 37,227 |
| Goodwill | 55,372 | 55,372 |
| Intangible assets, net | 28,787 | 30,792 |
| Deferred income tax asset, net | 53,677 | 53,256 |
| Other non-current assets | 13,036 | 14,568 |
| Total assets | $1,586,076 | $1,537,601 |
| LIABILITIES AND STOCKHOLDERS’ EQUITY | ||
| Current liabilities: | ||
| Accounts payable | $179,375 | $157,931 |
| Accrued compensation | 12,310 | 14,273 |
| Finance lease liabilities - current | 11,132 | 11,178 |
| Operating lease liabilities - current | 8,460 | 6,284 |
| Real estate deferred gains - current | 3,935 | 3,935 |
| Other current liabilities | 22,250 | 24,961 |
| Total current liabilities | 237,462 | 218,562 |
| Long-term debt | 294,403 | 293,743 |
| Finance lease liabilities, less current portion | 280,206 | 274,248 |
| Operating lease liabilities, less current portion | 37,369 | 32,519 |
| Real estate deferred gains, less current portion | 64,697 | 66,599 |
| Other non-current liabilities | 19,607 | 17,644 |
| Total liabilities | 933,744 | 903,315 |
| Commitments and Contingencies | ||
| STOCKHOLDERS’ EQUITY: | ||
| Preferred Stock, $0.01 par value, 30,000,000 shares authorized, none outstanding | — | — |
| Common Stock, $0.01 par value, 20,000,000 shares authorized, 8,551,462 and 8,650,046 outstanding, respectively | 86 | 87 |
| Additional paid-in capital | 151,279 | 165,060 |
| Retained earnings | 500,967 | 469,139 |
| Total stockholders’ equity | 652,332 | 634,286 |
| Total liabilities and stockholders’ equity | $1,586,076 | $1,537,601 |
CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY
(In thousands)
| Common Stock · AdditionalPaid-In Capital · Retained Earnings · Stockholders’ Equity Total | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Shares · Amount | ||||||||||
| Balance, December 30, 2023 | 8,650 | $87 | $165,060 | $469,139 | $634,286 | |||||
| Net income | — | — | — | 17,492 | 17,492 | |||||
| Vesting of restricted stock units | 19 | (a) | (a) | — | — | |||||
| Compensation related to share-based grants | — | — | 2,350 | — | 2,350 | |||||
| Repurchase of shares to satisfy employee tax withholdings | (7) | — | (907) | — | (907) | |||||
| Balance, March 30, 2024 | 8,662 | 87 | 166,503 | 486,631 | 653,221 | |||||
| Net income | — | — | — | 14,336 | 14,336 | |||||
| Vesting of restricted stock units | 57 | 1 | (1) | — | — | |||||
| Compensation related to share-based grants | — | — | 1,405 | — | 1,405 | |||||
| Repurchase of shares to satisfy employee tax withholdings | (16) | (a) | (1,545) | — | (1,545) | |||||
| Common stock repurchase and retirement | (152) | (2) | (15,083) | — | (15,085) | |||||
| Balance, June 29, 2024 | 8,551 | $86 | $151,279 | $500,967 | $652,332 | |||||
(a) Activity rounds to less thanone thousand dollars
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