Boise Cascade Company BCC Income Statement

Boise cascade company (BCC)

Income statement / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12
Sales
Sales
1,170,534	1,101,713	1,269,524	1,230,081	1,042,086	1,065,805	1,338,512	1,408,132	1,182,841	1,091,965	1,226,644	1,138,939	974,443	919,533	1,067,214	1,043,773	880,695	876,535	991,580	955,397	809,903	862,046	983,319	961,187	767,180	798,344	877,979	852,295	744,878	694,580	764,596	732,900	586,986
Costs and expenses
Materials, labor, and other operating expenses (excluding depreciation)
992,270	939,375	1,078,924	1,049,655	897,822	940,878	1,163,020	1,193,918	1,009,778	946,863	1,045,742	980,210	846,759	809,715	922,101	894,715	769,544	769,764	854,134	824,583	705,039	741,641	827,890	823,532	672,608	690,994	759,777	750,996	644,847	607,589	653,125	632,607	510,124
Depreciation and amortization
35,332	20,501	20,969	19,454	19,217	76,549	23,881	24,296	22,111	21,748	19,686	19,601	19,344	19,598	19,459	18,552	15,238	14,461	14,249	13,281	13,587	13,434	13,203	12,482	12,320	11,833	8,962	8,766	8,477	8,489	8,461	8,338	8,119
Selling and distribution expenses
99,463	98,280	106,567	98,866	87,026	89,546	93,395	96,841	83,356	83,713	87,520	82,308	73,679	73,880	80,026	76,855	68,041	70,506	72,668	68,254	61,880	65,348	72,714	67,181	58,930	61,933	66,244	60,102	57,004	58,201	62,572	60,468	53,814
General and administrative expenses
16,084	19,008	18,603	16,786	16,675	16,057	16,891	19,977	15,886	17,438	16,460	15,559	13,571	13,794	14,367	15,612	16,052	14,054	11,345	12,018	12,008	12,726	13,173	11,925	10,665	12,325	12,867	10,251	10,046	11,200	12,185	10,689	9,048
Loss on curtailment of facility
1,669	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other (income) expense, net
-169	226	437	-188	308	11,262	-10,870	956	94	-512	-1,138	1,238	35	-434	46	-172	1,585	-48	1,256	98	299	0	-148	-163	1,900	162	350	39	134	-496	-121	-653	368
Total costs and expenses
1,144,987	1,076,938	1,224,626	1,184,949	1,020,432	1,150,082	1,308,057	1,334,076	1,131,037	1,070,274	1,170,546	1,096,440	953,318	917,421	1,035,907	1,005,906	867,290	868,833	951,140	918,038	792,215	833,149	927,128	915,283	752,623	776,923	847,500	830,076	720,240	685,975	736,464	712,755	580,737
Income from operations
25,547	24,775	44,898	45,132	21,654	-84,277	30,455	74,056	51,804	21,691	56,098	42,499	21,125	2,112	31,307	37,867	13,405	7,702	40,440	37,359	17,688	28,897	56,191	45,904	14,557	21,421	30,479	22,219	24,638	8,605	28,132	20,145	6,249
Foreign currency exchange gain (loss)
-873	239	-200	248	162	-672	163	-172	-263	589	90	13	28	-67	-40	28	198	-84	-148	41	-107	-293	-316	266	-89	-122	69	-291	-80	-88	228	-289	186
Pension expense (excluding service costs)
387	272	1,613	290	299	597	11,778	12,380	244	89	90	50	31	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest expense
6,421	6,596	6,532	6,486	6,437	6,666	6,585	6,580	6,362	6,220	6,295	6,491	6,364	7,328	7,135	6,427	5,802	5,731	5,729	5,591	5,481	5,504	5,514	5,519	5,512	5,580	5,174	4,781	4,891	7,286	4,840	4,818	4,813
Interest income
655	1,066	837	416	492	648	500	237	264	293	167	54	33	154	60	27	149	102	73	58	90	57	57	53	70	29	88	62	62	111	87	87	107
Change in fair value of interest rate swaps
-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 extinguishment of debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-9,525	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total nonoperating income (expense)
-9,340	-5,423	-8,077	-7,663	-7,065	-9,155	-17,421	-18,396	-4,964	-4,427	-6,161	-7,198	-6,039	-12,158	-15,804	-7,904	-5,524	-5,713	-5,804	-5,492	-5,498	-5,740	-5,773	-5,200	-5,531	-5,673	-5,017	-5,010	-4,909	-7,263	-4,525	-5,020	-4,520
Income before income taxes
16,207	19,352	36,821	37,469	14,589	-93,398	13,000	55,660	46,840	17,264	49,937	35,301	15,086	-10,046	15,503	29,963	7,881	1,989	34,636	31,867	12,190	23,157	50,418	40,704	9,026	15,748	25,462	17,209	19,729	1,342	23,607	15,125	1,729
Income tax provision
4,000	4,606	9,700	9,800	3,200	-21,165	-800	13,800	9,790	-1,858	18,276	13,147	5,066	-14,141	5,522	10,735	2,931	-339	12,629	11,637	4,573	7,416	18,133	14,286	3,461	5,920	9,602	6,797	-61,107	64	104	78	61
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
Weighted average common shares outstanding:
Basic (in shares)
39,163	39,098	39,087	39,087	38,884	38,971	38,998	38,981	38,778	38,689	38,660	38,643	38,500	38,563	38,814	38,814	38,853	38,837	39,127	39,494	39,498	39,433	39,423	39,420	39,372	39,389	40,625	43,229	37,569	29,700	29,700	29,700	29,700
Diluted (in shares)
39,405	39,274	39,292	39,199	39,203	39,288	39,461	39,403	39,396	39,254	39,139	39,002	38,901	38,728	39,120	38,972	38,880	38,958	39,240	39,600	39,622	39,572	39,481	39,463	39,452	39,462	40,640	43,233	37,569	29,700	29,700	29,700	29,700
Net income per common share:
Basic (in dollars per share)
0.31	0.37	0.70	0.71	0.29	-1.86	0.36	1.07	0.96	0.50	0.82	0.57	0.26	0.10	0.26	0.50	0.13	0.07	0.56	0.51	0.19	0.40	0.82	0.67	0.14	0.13	0.39	0.24	2.15	0.04	0.79	0.51	0.06
Diluted (in dollars per share)
0.31	0.37	0.69	0.71	0.29	-1.83	0.35	1.06	0.94	0.48	0.81	0.57	0.26	0.10	0.26	0.49	0.13	0.07	0.56	0.51	0.19	0.40	0.82	0.67	0.14	0.13	0.39	0.24	2.15	0.04	0.79	0.51	0.06
Dividends declared per common share
0.10	1.10	0.09	0.09	0.09	0.09	1.07	0.07	0.07	-	0.00	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-