BlueLinx Holdings Inc
For the period ended Dec 28, 2024. Filed Feb 18, 2025.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2024 · Filed Feb 18, 2025
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Accumulated Other Comprehensive Income (Loss)
- Accumulated Other Comprehensive Income (Loss)
Comprehensive income (loss) is a measure of income which includes both net income (loss) and other comprehensive income (loss). Other comprehensive income (loss) results from items deferred from recognition in the Company’s consolidated statements of operations. Accumulated other comprehensive income (loss) is separately presented on the consolidated balance sheet as part of total stockholders’ equity.
The changes in accumulated balances for each component of other comprehensive income (loss) for fiscal 2023 and fiscal 2022 were as follows:
| Impact of defined benefit pension plan, net of tax | Other, net of tax | Total | |
|---|---|---|---|
| (In thousands) | |||
| Balance as of end of fiscal 2021, net of tax | $(30,245) | $885 | $(29,360) |
| Other comprehensive (loss) income, net of tax (1) | (2,430) | 378 | (2,052) |
| Balance as of end of fiscal 2022, net of tax | $(32,675) | $1,263 | $(31,412) |
| Other comprehensive income (loss), including tax (2) | 32,675 | (1,263) | 31,412 |
| Balance as of end of fiscal 2023 (3) | $— | $— | $— |
(1) For fiscal 2022, included $2.4 million of net other comprehensive loss, net of deferred tax benefit of $0.8 million, related to the defined benefit pension plan for actuarial adjustments and amortization of unrecognized amounts from prior years.
(2) For fiscal 2023, included $32.7 million related to the single-employer defined benefit pension plan, as follows: $(3.1) million net of tax of $1.1 million for actuarial adjustments; $0.9 million net of tax of $(0.3) million for amortization of unrecognized amounts from prior years; and $30.4 million plus tax of $4.5 million for the settlement of the plan and reclassification of these amounts to earnings.
(3) As of the end of fiscal 2023, the Company no longer has any items recorded in accumulated other comprehensive income (loss).
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.