Boise cascade company (BCC)
CashFlow / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12
Cash provided by (used for) operations
Net income

12,200

14,647

27,171

27,718

11,389

-72,246

13,848

41,825

37,050

19,122

31,661

22,154

10,020

4,095

9,981

19,228

4,950

2,328

22,007

20,230

7,617

15,741

32,285

26,418

5,565

9,828

15,860

10,412

80,836

1,278

23,503

15,047

1,668

Items in net income not using (providing) cash
Depreciation and amortization, including deferred financing costs and other

35,859

21,037

21,519

20,033

19,788

77,105

24,416

24,821

22,595

22,224

20,168

20,104

19,825

20,318

19,948

18,996

15,665

14,883

14,676

13,672

13,966

13,829

13,607

12,887

12,729

12,237

9,442

9,243

8,888

10,479

9,068

8,944

8,720

Stock-based compensation

1,674

1,957

1,947

1,869

2,200

1,938

2,162

2,445

2,286

2,799

2,488

2,441

2,002

2,197

2,114

2,173

1,693

1,495

1,432

1,693

1,205

1,730

1,876

1,468

842

1,007

789

830

243

-

-

-

-

Defined Benefit Plan, Net Periodic Benefit Cost (Credit)

555

434

1,776

451

460

793

11,974

12,577

449

390

391

351

332

-

-

473

739

-19

-37

799

2,082

241

240

79

278

2,885

2,670

2,708

2,726

3,255

3,004

3,159

3,235

Deferred income taxes

1,197

-983

4,379

4,316

1,313

-8,848

1,975

-2,217

1,125

2,098

1,477

3,260

1,282

-14,831

3,107

2,452

1,449

10,161

13,535

6,779

408

8,792

-808

2,078

643

5,495

1,219

1,704

-68,018

0

0

0

0

Unrealized Gain (Loss) on Derivatives

-2,314

140

-569

-1,551

-983

-1,868

279

499

1,641

1,000

-33

-724

295

4,975

836

-1,532

-69

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Loss on curtailment of facility (excluding severance)

1,438

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other

-155

118

202

-16

49

10,383

-9,746

955

96

-501

-1,134

1,243

16

-424

5

-186

114

-16

1,231

105

517

-20

-120

-179

1,908

161

351

45

232

-29

31

41

428

Decrease (increase) in working capital
Receivables

108,229

-79,971

-16,166

18,371

75,606

-101,822

-46,807

19,816

91,252

-68,868

2,865

17,269

90,512

-61,676

-14,143

-1,371

78,308

-41,199

-2,504

22,695

39,190

-40,725

-4,951

19,246

46,707

-52,973

-7,500

2,852

68,635

-36,070

-6,174

16,996

42,486

Inventories

39,045

5,008

-31,860

-52,807

39,483

-23,883

-978

27,001

62,050

16,809

-30,847

8,345

48,915

-17,605

-10,942

20,938

38,366

-19,758

-10,499

-17,353

38,006

-4,410

-11,694

-10,494

37,700

14,518

-6,104

-18,753

61,297

7,229

-555

537

34,617

Prepaid expenses and other

3,205

-3,384

-1,257

2,890

1,883

-2,236

-1,625

2,412

1,949

-1,502

-1,571

2,084

1,876

-2,064

-830

2,250

2,258

-1,256

-1,134

2,127

1,248

-1,838

-1,729

-1,456

4,880

-1,109

-899

2,139

384

-1,321

-278

2,055

196

Accounts payable and accrued liabilities

55,629

-60,918

20,775

15,545

29,810

-97,735

-51,294

85,927

48,571

-39,975

-6,809

48,965

65,943

-56,662

5,910

10,621

85,782

-69,663

-1,972

36,858

41,599

-46,585

3,610

10,078

48,315

-48,860

13,350

-17,132

53,793

-31,820

14,098

9,451

58,784

Payment for Pension Benefits

726

3,914

397

458

469

4,515

20,524

525

517

527

521

515

630

506

560

438

2,340

556

498

40,284

12,919

396

10,895

390

390

387

382

307

9,663

305

307

3,933

3,941

Income taxes payable

-2,111

278

2,374

3,982

12,753

-11,177

-11,595

-2,165

20,751

-25,343

3,988

3,705

3,358

-7,238

-5,073

7,964

10,732

-16,078

-1,010

3,141

11,358

-22,649

3,890

8,679

2,314

-4,234

3,099

-7,653

6,772

-

-

-

-

Current and deferred income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-64

Other

172

-270

1,296

2,758

-1,835

-1,718

-1,646

1,910

-2,919

-581

-2,095

-316

1,604

-1,535

-354

-3,467

-1,488

2,375

2,828

-385

2,339

3,951

3,526

905

3,051

1,835

-3,684

2,074

2,472

408

-3,651

-1,798

764

Net cash used for operations

-42,467

50,897

127,898

103,811

-36,959

43,790

31,485

110,095

-21,759

34,431

85,658

72,564

-41,086

38,653

67,236

44,837

1,181

2,405

58,211

35,699

-15,984

13,745

58,773

53,275

-23,950

15,539

63,883

11,448

-57,443

12,736

60,089

14,744

-9,961

Cash provided by (used for) investment
Expenditures for property and equipment

18,563

29,471

20,425

18,477

14,347

32,282

19,378

15,055

13,272

27,390

18,509

12,549

17,002

28,157

20,325

19,640

15,461

30,828

25,265

18,815

12,618

20,357

18,889

9,432

12,539

15,816

15,893

8,726

5,316

9,704

6,730

6,225

4,727

Acquisitions of businesses and facilities

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

297

215,603

0

0

0

0

-

-

-

-

-

-

-

-

0

0

0

2,355

Proceeds from sale of facilities

0

0

0

0

2,493

15,003

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from sales of assets and other

103

194

249

246

1,149

374

514

228

93

149

249

1,188

652

98

291

111

144

175

2,696

164

99

46

98

149

4,520

564

990

57

489

75

26

57

88

Other

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-61

-

1

12

-22

-64

2

-1,058

1,059

Net cash used for investment

-18,460

-29,277

-20,177

-33,906

-10,705

-24,855

-18,819

-32,404

-13,179

-27,241

-18,260

-11,361

-16,350

-28,059

-20,034

-19,826

-230,920

-30,653

-22,569

-18,651

-12,519

-20,311

-18,791

-9,344

-7,958

-16,288

-116,906

-8,681

-4,805

-9,565

-6,706

-5,110

-8,053

Cash provided by (used for) financing
Borrowings of long-term debt, including revolving credit facility

-

-

-

-

-

0

0

4,700

2,800

0

44,000

216,800

149,600

2,800

482,300

222,700

130,000

0

0

50,000

0

0

0

44,600

13,000

0

75,000

0

55,000

300,000

0

0

0

Payments of long-term debt, including revolving credit facility

-

-

-

-

-

0

0

4,700

2,800

0

44,000

216,800

149,600

151,975

369,396

232,700

0

-

-

-

-

0

0

44,600

13,000

25,010

0

0

80,000

244,560

0

0

0

Treasury stock purchased

-

-

-

-

-

-

-

-

-

-

-

-

-

7,636

0

0

2,632

0

17,602

6,109

0

-

-

-

-

-

-

-

-

-

-

-

-

Dividends paid on common stock

4,645

42,854

3,500

3,547

4,053

3,515

41,600

2,742

2,758

2,701

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Tax withholding payments on stock-based awards

3,309

-1

1

5

3,569

0

15

3

5,117

1

0

17

2,884

0

0

0

383

0

97

0

1,063

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from exercise of stock options

-

-

-

-

-

-

-

-

-

-

591

22

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net proceeds from issuance of common stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-111

-137

262,736

0

0

0

0

Financing costs

-

-

-

-

-

-

-

-

-

-

-

-

-

103

5,776

50

493

0

47

655

0

0

0

0

11

207

1,533

172

149

5,572

250

0

0

Other

-1,364

57

-176

-188

-181

-174

312

362

357

1,080

-517

-64

-89

-61

-60

-59

-62

-277

-39

127

533

533

73

3

-345

-1

2

191

0

-

-

-

-

Net cash used for financing

-9,318

-42,826

-3,685

-3,702

-7,803

-8,606

-41,335

-2,364

-7,518

-2,235

74

-59

-2,973

-37,800

-12,107

-10,109

126,430

-40

-17,785

43,363

-530

141

73

3

-356

-25,218

-26,642

-118

237,587

-175,610

-3,040

0

0

Net decrease in cash and cash equivalents

-70,245

-

-

-

-55,467

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net increase in cash and cash equivalents

-

-

-

-

-

10,329

-28,669

75,327

-42,456

4,955

67,472

61,144

-60,409

-27,206

35,095

14,902

-103,309

-28,288

17,857

60,411

-29,033

-6,425

40,055

43,934

-32,264

-25,967

-79,665

2,649

175,339

-172,439

50,343

9,634

-18,014