Builders firstsource, inc. (BLDR)
CashFlow / TTM
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'12Dec'11Sep'11Jun'11Mar'11
Cash flows from operating activities:
Net income

194,868

221,809

232,463

227,661

217,679

205,191

110,469

76,891

58,179

38,781

87,893

173,612

165,143

144,341

127,350

-6,876

-32,741

-22,831

-9,830

7,431

14,464

18,150

20,258

24,548

-34,267

-42,691

-59,268

-85,627

-49,476

-56,856

-61,506

-59,505

-62,934

-64,995

0

0

0

Adjustments to reconcile net income to net cash from operating activities:
Depreciation and amortization

105,862

100,038

96,986

97,709

98,663

97,906

94,888

92,815

92,220

92,993

93,688

96,209

102,594

109,793

114,546

112,847

85,919

58,280

33,741

12,279

10,689

9,519

8,377

8,019

8,513

9,305

10,208

11,087

11,044

11,120

11,725

12,177

13,206

14,041

0

0

0

Amortization and write-off of deferred loan costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Amortization and write-off of debt discount

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Amortization of debt issuance costs and debt discount

3,415

3,880

4,223

4,466

4,642

4,642

4,408

4,610

4,806

6,092

0

0

0

-

-

-

-

18,929

17,367

2,464

2,463

2,432

2,433

2,434

4,357

4,067

3,680

3,236

868

744

1,230

1,266

1,306

1,344

0

0

0

Amortization of debt discount

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

7,794

8,197

8,551

1,685

1,425

0

0

0

-

-

-

-

Loss (gain) on extinguishment of debt

-14,218

-8,189

0

0

0

-

-

-

-

-

-

-

-

-55,776

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accretion of lease finance obligation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Fair value adjustment of stock warrants

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4,563

5,428

4,088

-1,820

-456

-377

766

2,273

1,502

1,133

2,021

2,270

4,992

0

0

0

-

-

-

-

Deferred income taxes

42,231

50,994

52,541

54,350

59,964

51,823

55,873

52,394

50,561

49,104

29,060

-115,864

-129,089

-124,787

-121,896

9,909

7,362

3,287

559

472

839

524

403

568

735

917

995

661

476

458

463

477

1,999

1,817

0

0

0

Bad debt expense

-

-

-

-

-

-

-

-

-

-

-

-

1,703

-

1,523

2,037

2,677

2,285

887

223

-262

-274

-330

-85

589

900

1,159

1,233

964

751

529

530

352

437

0

0

0

Stock compensation expense

12,834

12,239

13,871

14,030

14,189

14,420

13,521

13,557

13,494

13,508

12,731

11,801

10,880

10,549

9,610

8,606

7,654

6,848

7,219

7,618

6,942

6,157

4,870

3,834

3,892

4,245

4,241

4,222

4,160

3,628

3,586

4,304

4,311

4,559

0

0

0

Net (gain) loss on sales of assets and asset impairments

618

949

2,415

2,090

1,612

1,393

-1,406

-3,651

-3,575

-6,965

-7,997

-1,656

-2,828

336

1,354

-2,423

-1,340

-1,313

582

213

159

114

236

275

274

284

178

8

18

38

-37

67

78

212

0

0

0

Changes in assets and liabilities, net of assets acquired and liabilities assumed:
Receivables

41,912

-42,789

-100,788

-121,431

-70,614

9,221

68,148

105,349

91,150

75,673

58,827

67,913

42,314

44,552

39,740

13,445

-40,080

-74,089

5,656

14,258

4,240

-1,113

1,826

6,294

9,810

25,592

42,128

45,475

44,671

41,727

36,690

29,229

22,375

17,175

0

0

0

Inventories

-4,214

-44,202

-103,477

-163,869

-41,930

5,425

61,971

142,705

70,360

60,645

57,273

74,358

83,453

33,965

46,766

13,642

-27,672

-46,854

-29,107

641

3,699

9,103

4,940

9,902

3,783

14,637

28,067

33,114

46,463

31,914

26,191

26,588

13,608

13,275

0

0

0

Other current assets

5,058

-4,674

-398

-2,608

-3,857

10,356

4,615

2,080

3,355

-8

2,459

11,926

16,691

4,873

3,642

5,814

5,175

6,320

4,757

3,577

1,042

4,791

1,377

-3,253

1,744

1,116

1,028

5,022

510

710

-2,725

-2,769

-2,249

-1,792

0

0

0

Other assets and liabilities

-29,216

-1,611

-5,951

-4,196

-2,766

-5,637

-5,981

-7,396

-9,519

-8,315

1,089

1,074

1,858

828

-7,124

-7,931

-6,507

-5,314

-2,057

-500

658

660

861

2,020

898

1,344

1,271

-1,224

-265

195

-147

1,148

-173

-384

0

0

0

Accounts payable and checks outstanding

64,994

4,070

-2,687

-66,471

-46,397

-89,392

-18,275

43,667

19,191

65,764

29,893

14,070

22,547

36,585

273

31,984

4,653

-45,286

11,172

9,398

-11,984

-5,410

5,660

9,817

3,482

1,332

6,694

11,047

33,420

30,779

21,812

19,774

10,256

3,752

0

0

0

Accrued liabilities

23,053

10,500

26,482

10,497

4,785

22,168

5,464

-15,599

-6,011

-23,341

-3,628

19,640

-35,424

4,281

-43,887

-24,048

-39,965

29,709

27,496

18,574

12,063

10,406

7,038

4,321

11,297

8,221

20,540

10,106

7,740

9,581

8,536

4,583

4,842

281

0

0

0

Net cash provided by (used in) operating activities

447,317

504,046

633,562

630,584

467,230

282,830

195,658

85,905

136,645

178,528

154,347

113,680

65,081

158,227

54,547

127,678

123,875

177,034

115,766

44,358

23,596

27,493

39,092

38,984

-8,627

-47,576

-74,176

-114,941

-77,134

-66,850

-67,316

-65,421

-55,983

-66,408

0

0

0

Cash flows from investing activities:
Purchases of property, plant and equipment

119,844

112,870

100,655

96,855

102,822

101,411

93,040

87,787

72,742

62,407

56,595

44,558

43,462

42,662

49,625

52,152

43,665

43,811

39,507

27,926

29,536

25,716

20,181

22,577

19,374

15,051

10,634

11,005

9,633

10,398

11,213

7,145

6,011

4,792

0

0

0

Proceeds from sale of property, plant and equipment

6,363

6,545

8,337

8,298

4,905

4,753

69

2,052

3,100

2,981

10,291

9,386

8,364

8,305

4,682

5,018

4,605

4,275

2,502

377

271

213

1,038

1,991

2,583

2,592

1,685

789

210

230

174

112

128

349

0

0

0

Cash used for acquisitions

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,468,511

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Decrease in restricted cash

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-13,030

-11,915

-13,490

-14,051

-1,135

0

0

0

-

-

-

-

Net cash used in investing activities

-222,229

-199,180

-126,249

-88,557

-97,917

-96,658

-92,971

-85,735

-69,642

-59,426

-46,304

-35,172

-39,068

-38,327

-52,307

-1,513,818

-1,501,774

-1,508,047

-1,538,294

-93,957

-104,399

-94,840

-52,308

-29,312

-16,791

571

2,966

3,274

4,628

-9,033

-22,954

-20,523

-19,934

-18,608

0

0

0

Cash flows from financing activities:
Borrowings under revolving credit facility

1,347,000

1,040,000

1,304,000

1,352,000

1,481,000

1,662,000

1,719,000

1,587,000

1,468,000

1,370,000

1,094,000

1,115,000

1,143,000

907,000

707,000

774,000

516,000

320,000

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Repayments under revolving credit facility

1,259,000

1,192,000

1,708,000

1,812,000

1,765,000

1,833,000

1,370,000

1,153,000

1,104,000

1,020,000

1,128,000

1,120,000

1,060,000

967,000

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from long-term debt and other loans

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Repayments of long-term debt and other loans

1,140,657

610,834

556,201

482,203

86,972

65,312

382,544

381,484

380,080

379,926

60,977

770,622

813,317

807,517

760,673

46,438

1,057

4,213

-1,382

-70

-69

-67

-65

-65

-364,780

-364,778

-364,778

-364,774

-55

-54

-5,301

-5,299

-5,299

-5,298

0

0

0

Deferred loan costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

16,820

15,653

1,413

1,639

0

0

0

-

-

-

-

Payments of debt extinguishment costs

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payments of loan costs

0

-

-

-

-

-

-

-

-

2,799

3,257

14,010

14,005

15,663

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Exercise of stock options

5,055

4,873

4,771

3,616

2,120

3,945

5,875

7,309

8,395

8,055

4,654

6,155

8,134

6,627

8,933

9,031

6,889

6,718

4,628

1,593

950

1,831

2,130

2,094

2,184

1,754

1,487

1,513

972

596

0

0

0

-

-

-

-

Repurchase of common stock

11,776

10,392

10,432

2,490

2,490

4,895

5,023

5,026

5,026

2,644

2,476

2,473

2,517

1,092

1,092

1,092

1,091

986

986

986

973

1,306

1,306

1,306

1,276

1,036

1,036

1,036

1,036

496

496

496

496

2

0

0

0

Net cash provided by financing activities

-72,940

-300,897

-498,488

-544,671

-367,658

-233,578

-77,578

6,095

-61,449

-76,018

-104,556

-77,769

-25,226

-170,514

-97,575

1,352,181

1,344,790

1,378,303

1,455,943

55,211

54,874

30,424

30,630

-644

-29,482

-29,731

30,891

32,088

60,543

60,482

128,028

127,931

127,931

128,615

0

0

0

Net change in cash and cash equivalents

152,148

3,969

8,825

-2,644

1,655

-47,406

25,109

6,265

5,554

43,084

3,487

739

787

-50,614

-95,335

-33,959

-33,109

47,290

33,415

5,612

-25,929

-36,923

17,414

9,028

-54,900

-76,736

-40,319

-79,579

-11,963

-15,401

37,758

41,987

52,014

43,599

0

0

0