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Stockholders' Equity
 12 Months Ended
Dec. 31, 2014
Stockholders' Equity Note [Abstract]  
Stockholders' Equity
Stockholders' Equity

Upon our conversion from a limited liability company to a corporation, our certificate of incorporation authorized 300,000,000 shares of common stock and 50,000,000 shares of preferred stock. No preferred stock was issued or outstanding as of December 31, 2014 and 2013. We had 43,282,201 and 43,229,412 shares of common stock issued and 39,418,139 and 39,365,350 shares of common stock outstanding as of December 31, 2014 and 2013, respectively. Each share of common stock entitles the holder to one vote on matters to be voted on by the stockholders of Boise Cascade.
    
On February 11, 2013, we issued 13,529,412 shares of common stock in our initial public offering. Following this initial public offering, we received proceeds of $262.5 million, after deducting underwriting discounts and commissions of $19.2 million and offering expenses of $2.5 million. On July 30, 2013, we repurchased 3,864,062 shares of common stock from BC Holdings for $100.0 million funded with cash on hand, which shares are recorded as "Treasury stock" on our Consolidated Balance Sheet.

See Note 3, Income Taxes, for a discussion of our conversion from a limited liability company to a corporation. The common stock authorized and outstanding, par values, net income per share amounts, and other per-share disclosures for all periods presented have been adjusted to reflect the impact of this conversion. Upon this conversion, we reclassified $32.0 million of accumulated deficits through February 4, 2013, to additional paid-in capital.

Redeemable Equity

Redeemable equity represented equity units of Forest Products Holdings, L.L.C. (FPH), former majority owner of BC Holdings, held by certain members of our senior management team, which units were redeemable at the option of the holder in the event of death or disability or the sale of a division resulting in the termination of his or her employment. We had historically classified these units outside of our permanent equity because these units were subject to mandatory redemption (and could have been subject to repayment by us) upon an event outside our control (i.e., death or disability). In 2012, we reclassified certain redeemable equity units into "Stockholders' Equity" on our Consolidated Balance Sheets, which resulted from employee retirements or terminations causing the equity units to no longer be subject to mandatory redemption in an event that is outside of BC Holdings' control. In 2013, following our initial public offering, we reclassified the remaining equity units as permanent equity because we no longer have an obligation to satisfy this redemption obligation on FPH's behalf.

Distributions

In 2012, we made $228.3 million of cash distributions to BC Holdings. Both our senior credit facility and the indenture governing our senior subordinated notes permitted these distributions. In 2014 and 2013, we did not make any cash distributions.

Accumulated Other Comprehensive Loss

Changes in accumulated other comprehensive loss are as follows:

 
 
Changes in Accumulated Other Comprehensive Loss
 
 
Year Ended December 31
 
 
2014
 
2013
 
2012
 
 
(thousands)
Beginning Balance, net of taxes
 
$
(55,249
)
 
$
(121,229
)
 
$
(120,845
)
Net actuarial gain (loss), current-period changes, before taxes
 
(75,016
)
 
97,171

 
(8,432
)
Amortization of actuarial (gain) loss, amounts reclassified from accumulated other comprehensive loss, before taxes (a)
 
(23
)
 
9,202

 
7,632

Amortization of prior service costs and other, amounts reclassified from accumulated other comprehensive loss, before taxes (a)
 
—

 
304

 
416

Income taxes
 
28,790

 
(40,697
)
 
—

Ending Balance, net of taxes
 
$
(101,498
)
 
$
(55,249
)
 
$
(121,229
)

___________________________________ 
 
(a)
Represents amounts reclassified from accumulated other comprehensive loss. These amounts are included in the computation of net periodic pension cost. For additional information, see Note 7, Retirement and Benefit Plans.