FOUNDATION BUILDING MATERIALS, INC. FBM Balance Sheet

Foundation building materials, inc. (FBM)

Balance Sheet / 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
Current assets:
Cash and cash equivalents
141,235	17,766	22,668	6,454	4,978	15,299	10,560	7,083	8,645	12,101	6,312	19,946	8,793	28,552
Accounts receivable—net of allowance for expected credit losses of $2,212 and $3,169, respectively
293,504	262,757	314,088	325,579	303,445	276,043	316,290	343,382	312,787	238,091	308,955	306,104	274,474	261,686
Other receivables
41,411	59,104	49,284	46,415	42,908	57,472	50,808	49,286	53,191	55,487	48,609	43,486	40,430	52,845
Inventories
173,284	178,624	163,280	170,398	170,584	165,989	158,766	211,997	192,934	148,246	167,601	167,425	160,498	157,991
Prepaid expenses and other current assets
7,446	7,965	13,321	12,281	13,715	9,053	12,304	13,807	11,327	11,785	13,847	12,227	11,751	12,516
Current assets held for sale
-	-	-	-	-	-	128,188	-	-	82,948	-	-	-	-
Total current assets
656,880	526,216	562,641	561,127	535,630	523,856	676,916	625,555	578,884	548,658	545,324	549,188	495,946	513,590
Property and equipment, net
154,447	150,188	153,294	148,054	148,491	151,641	153,386	156,000	152,306	144,524	157,536	153,282	145,540	144,387
Right-of-use assets, net
121,700	120,562	117,137	114,653	116,245	0	-	-	-	-	-	-	-	-
Intangible assets, net
101,452	113,861	117,894	129,565	134,887	145,876	145,379	169,738	181,856	164,536	198,998	205,496	207,477	215,381
Goodwill
493,068	495,724	490,315	490,607	487,888	484,941	481,260	465,762	466,614	452,728	458,472	452,205	446,041	437,935
Other assets
9,470	5,206	5,481	5,760	5,816	10,393	6,928	5,790	5,352	5,604	5,952	6,420	8,500	9,692
Noncurrent assets held for sale
-	-	-	-	-	-	0	-	-	38,220	-	-	-	-
Total assets
1,537,017	1,411,757	1,446,762	1,449,766	1,428,957	1,316,707	1,463,869	1,422,845	1,385,012	1,354,270	1,366,282	1,366,591	1,303,504	1,320,985
Liabilities and stockholders' equity:
Current liabilities:
Accounts payable
149,474	145,226	143,958	165,314	149,519	137,773	130,169	166,910	158,475	134,460	147,407	143,483	128,527	119,788
Accrued payroll and employee benefits
23,871	31,410	29,113	25,867	21,281	28,830	25,777	24,717	20,902	17,920	22,381	22,624	19,203	26,956
Accrued taxes
9,612	8,780	11,092	9,508	11,043	11,867	11,775	11,627	11,081	7,003	8,660	7,690	8,915	9,151
Current portion of tax receivable agreement
8,537	27,850	27,676	27,676	27,676	16,667	15,892	15,892	15,892	15,892	203,837	203,837	203,837	0
Current portion of term loan
4,500	4,500	4,500	4,500	4,500	4,500	3,375	-	-	0	-	-	-	-
Current portion of lease liabilities
31,138	30,307	29,310	28,407	28,061	-	-	-	-	-	-	-	-	-
Other current liabilities
12,642	18,557	23,650	22,227	18,849	19,979	22,995	40,021	27,405	37,270	28,553	43,602	34,270	49,613
Current liabilities held for sale
-	-	-	-	-	-	26,599	-	-	29,733	-	-	-	-
Total current liabilities
239,774	266,630	269,299	283,499	260,929	219,616	236,582	259,167	233,755	242,278	207,001	217,399	190,915	205,508
Asset-based revolving credit facility
235,000	89,000	134,306	136,462	153,500	146,000	305,704	94,075	89,878	47,486	79,500	74,247	42,000	208,469
Long-term portion of term loan, net
433,791	434,633	435,475	436,316	437,158	-	438,841	-	-	0	-	-	-	-
Long-term portion of term loan, net
-	-	-	-	-	437,999	-	539,168	536,748	534,379	532,076	529,822	527,632	525,487
Tax receivable agreement
80,996	89,533	90,272	90,272	90,272	117,948	119,912	119,912	119,912	119,912	-	-	-	0
Deferred income taxes, net
21,759	18,972	18,586	18,701	19,723	20,678	5,200	18,198	16,646	17,912	26,441	29,347	29,119	26,867
Long-term portion of lease liabilities
96,831	97,145	95,045	93,627	96,006	-	-	-	-	-	-	-	-	-
Other liabilities
12,836	7,679	7,957	8,231	2,937	8,117	9,545	10,195	11,264	12,657	14,585	12,099	12,543	26,138
Noncurrent liabilities held for sale
-	-	-	-	-	-	0	-	-	982	-	-	-	-
Total liabilities
1,120,987	1,003,592	1,050,940	1,067,108	1,060,525	950,358	1,115,784	1,040,715	1,008,203	975,606	1,063,440	1,066,751	1,006,046	992,469
Commitments and contingencies
-	-	-	-	-	-	0	0	0	-	0	0	0	0
Stockholders' equity:
Preferred stock, $0.001 par value, authorized 10,000,000 shares; 0 shares issued
0	0	0	0	0	0	0	0	0	0	0	0	0	0
Common stock, $0.001 par value, authorized 190,000,000 shares; 43,201,056 and 42,991,016 shares issued, respectively
13	13	13	13	13	13	13	13	13	13	13	13	13	0
Additional paid-in capital
337,393	336,362	335,237	334,131	333,029	332,330	331,667	330,995	330,339	330,113	329,892	329,679	329,704	364,815
Retained earnings
88,630	74,254	64,872	52,174	37,497	34,187	15,936	50,711	45,311	46,184	-29,708	-31,107	-32,368	-36,296
Accumulated other comprehensive loss
-10,006	-2,464	-4,300	-3,660	-2,107	-181	469	411	1,146	2,354	2,645	1,255	109	-3
Total stockholders' equity
416,030	408,165	395,822	382,658	368,432	366,349	348,085	382,130	376,809	378,664	302,842	299,840	297,458	328,516
Total liabilities and stockholders' equity
1,537,017	1,411,757	1,446,762	1,449,766	1,428,957	1,316,707	1,463,869	1,422,845	1,385,012	1,354,270	1,366,282	1,366,591	1,303,504	1,320,985
Accounts receivable net of allowance for doubtful accounts
2	3	-	-	-	-	-	-	-	-	-	-	-	-
Preferred stock par value (in dollars per share)
0.00	0.00	-	-	-	-	-	-	-	-	-	-	-	-
Preferred stock shares authorized (in shares)
10,000	10,000	-	-	-	-	-	-	-	-	-	-	-	-
Preferred stock shares issued (in shares)
0	0	-	-	-	-	-	-	-	-	-	-	-	-
Common stock par value (in dollars per share)
0.00	0.00	-	-	-	-	-	-	-	-	-	-	-	-
Common stock shares authorized (in shares)
190,000	190,000	-	-	-	-	-	-	-	-	-	-	-	-
Common stock shares issued (in shares)
43,201	42,991	-	-	-	-	-	-	-	-	-	-	-	-