BlueLinx Holdings Inc
For the period ended Jun 29, 2024. Filed Jul 30, 2024.
View on SEC.govAbout this filing
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.
See the whole filing, with its images and exhibitsContents
Condensed Consolidated Statements of Cash Flows
(In thousands)
| Six Months Ended | ||
|---|---|---|
| June 29, 2024 | July 1, 2023 | |
| Cash flows from operating activities: | ||
| Net income | $31,828 | $42,278 |
| Adjustments to reconcile net income to cash provided by operations: | ||
| Depreciation and amortization | 19,553 | 15,669 |
| Amortization of debt discount and issuance costs | 660 | 659 |
| Provision for deferred income taxes | (421) | 550 |
| Amortization of deferred gains from real estate | (1,968) | (1,968) |
| Share-based compensation | 3,755 | 6,495 |
| Changes in operating assets and liabilities: | ||
| Accounts receivable | (45,127) | (42,786) |
| Inventories | (13,935) | 105,001 |
| Accounts payable | 20,123 | 38,504 |
| Other current assets | (9,612) | (3,169) |
| Other assets and liabilities | (188) | (8,115) |
| Net cash provided by operating activities | 4,668 | 153,118 |
| Cash flows from investing activities: | ||
| Proceeds from sale of assets | 274 | 128 |
| Property and equipment investments | (11,901) | (14,039) |
| Net cash used in investing activities | (11,627) | (13,911) |
| Cash flows from financing activities: | ||
| Common stock repurchase and retirement | (14,529) | (11,599) |
| Repurchase of shares to satisfy employee tax withholdings | (2,452) | (3,960) |
| Principal payments on finance lease liabilities | (6,411) | (4,266) |
| Net cash used in financing activities | (23,392) | (19,825) |
| Net change in cash and cash equivalents | (30,351) | 119,382 |
| Cash and cash equivalents at beginning of period | 521,743 | 298,943 |
| Cash and cash equivalents at end of period | $491,392 | $418,325 |
| Supplemental cash flow information: | ||
| Interest paid during the period | $22,266 | $21,472 |
| Taxes paid during the period | $22,093 | $10,821 |
| Non-cash investing and financing activities: | ||
| Property and equipment acquired under finance leases | $11,150 | $3,400 |
| Liabilities for properties and equipment investments | $1,562 | $— |
| Obligation for shares repurchases not yet settled | $556 | $913 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.