Exhibit



	2Q 2016			2Q 2015			% change

	(thousands, except per-share data and percentages)

Consolidated Results
Sales	$	1,043,773		$	955,397		9	%
Net income	19,228			20,230			(5	)%
Net income per common share - diluted	0.49			0.51			(4	)%
EBITDA¹	56,447			50,681			11	%

Segment Results
Wood Products sales	$	346,358		$	339,869		2	%
Wood Products income	16,309			23,712			(31	)%
Wood Products EBITDA¹	31,078			34,053			(9	)%

Building Materials Distribution sales	850,042			762,078			12	%
Building Materials Distribution income	29,117			19,576			49	%
Building Materials Distribution EBITDA¹	32,471			22,450			45	%

Corporate loss	(7,531		)	(5,888		)	(28	)%
Corporate EBITDA¹	(7,102		)	(5,822		)	(22	)%

“The integration of the Thorsby and Roxboro engineered wood products facilities has gone very well. We are pleased with the additional capabilities the facilities provide as we support the ongoing growth of our customers," stated Tom Corrick, CEO. "Our distribution business had an outstanding second quarter that reflected solid volume growth across its product lines and the benefit of favorable tailwinds on many commodity product prices. We still face oversupply challenges in our plywood business, but did see improvement in pricing compared to the first quarter. We expect modest growth in residential housing construction for the balance of the year, which should drive additional demand for our products and services."

Sales, including sales to Building Materials Distribution (BMD), increased $6.5 million, or 2%, to $346.4 million for the three months ended June 30, 2016, from $339.9 million for the three months ended June 30, 2015. The increase in sales was driven primarily by increases in sales volumes and prices of laminated veneer lumber and I-joists (collectively EWP). The EWP volume increases were due primarily to our acquisition of two EWP facilities on March 31, 2016. These increases were offset partially by decreases in plywood and lumber sales volumes and prices.

Wood Products segment income decreased $7.4 million to $16.3 million for the three months ended June 30, 2016, from $23.7 million for the three months ended June 30, 2015. The decline in income was due primarily to lower plywood and lumber sales prices, as well as higher oriented strand board (OSB) costs used in the manufacture of I-joists. In addition, depreciation and amortization expense increased $4.4 million due to the acquisition of two EWP facilities on March 31, 2016, and other capital expenditures. These decreases were offset partially by improved sales volumes and prices of EWP.

Sales increased $88.0 million, or 12%, to $850.0 million for the three months ended June 30, 2016, from $762.1 million for the three months ended June 30, 2015. Compared with the same quarter in the prior year, the overall increase in sales was driven by sales volume increases of 13%, offset partially by a decrease in sales prices of 1%. By product line, commodity sales increased 12%, general line product sales increased 10%, and sales of EWP (substantially all of which are sourced through our Wood Products segment) increased 13%.

BMD segment income increased $9.5 million to $29.1 million for the three months ended June 30, 2016, from $19.6 million for the three months ended June 30, 2015. The increase in income was driven primarily by a higher gross margin of $18.8 million, including an improvement in gross margin percentage of 100 basis points, which was largely driven by favorable trending prices in OSB and lumber during second quarter 2016, as well as stronger margin contribution within our general line products. These increases were offset partially by increased

As in recent years, we expect to continue to experience modest demand growth for the products we manufacture and distribute in 2016, and we remain optimistic that the overall improvement in demand for our products will continue as household formation rates and residential construction recover. Future commodity product pricing could be volatile in response to industry operating rates, net import and export activity, inventory levels in our distribution channels, and seasonal demand patterns. We expect to manage our production levels to our sales demand, which will likely result in operating some of our facilities below their capacity, and could also include temporary plant curtailments such as those recently taken in our plywood operations.

You can join the webcast through our website by going to www.bc.com and clicking on the Event Calendar link under the Investor Relations heading. Please go to the website at least 15 minutes before the start of the webcast to register. To join the conference call, dial 844-795-4410 (international callers should dial 661-378-9637), participant passcode 51270007, at least 10 minutes before the start of the call.

The archived webcast will be available in the Investor Relations section of our website. A replay of the conference call will be available from Thursday, July 28, at 2 p.m. Eastern through Thursday, August 4, at 2 p.m. Eastern. Replay numbers are 855-859-2056 for U.S. calls and 404-537-3406 for international calls, and the passcode will be 51270007.

We refer to the term EBITDA in this earnings release as a supplemental measure of our performance and liquidity that is not required by or presented in accordance with generally accepted accounting principles in the United States ("GAAP"). We define EBITDA as income before interest (interest expense, interest income, and change in fair value of interest rate swaps), income taxes, and depreciation and amortization.

EBITDA is the primary measure used by our management to evaluate segment operating performance and to decide how to allocate resources to segments. We believe EBITDA is useful to investors because it provides a means to evaluate the operating performance of our segments and our Company on an ongoing basis using criteria that are used by our management and because it is frequently used by investors and other interested parties when comparing companies in our industry that have different financing and capital structures and/or tax rates. We believe EBITDA is a meaningful measure because it presents a transparent view of our recurring operating performance and allows management to readily view operating trends, perform analytical comparisons, and identify strategies to improve operating performance. EBITDA, however, is not a measure of our liquidity or financial performance under GAAP and should not be considered as an alternative to net income, income from operations, or any other performance measure derived in accordance with GAAP or as an alternative to cash flow from operating activities as a measure of our liquidity. The use of EBITDA instead of net income or segment income (loss) has limitations as an analytical tool, including the inability to determine profitability; the exclusion of interest expense, interest income, and associated significant cash requirements; and the exclusion of depreciation and amortization, which represent unavoidable operating costs. Management compensates for these limitations by relying on our GAAP results. Our measure of EBITDA is not necessarily comparable to other similarly titled captions of other companies due to potential inconsistencies in the methods of calculation.

This news release contains statements that are "forward looking" within the Private Securities Litigation Reform Act of 1995. These statements speak only as of the date of this press release. While they are based on the current expectations and beliefs of management, they are subject to a number of uncertainties and assumptions that could cause actual results to differ from the expectations expressed in this release.



	Three Months Ended									Six Months Ended
	June 30						March 31, 2016			June 30
	2016			2015						2016			2015

Sales	$	1,043,773		$	955,397		$	880,695		$	1,924,468		$	1,765,300

Costs and expenses
Materials, labor, and other operating expenses (excluding depreciation)	894,715			824,583			769,544			1,664,259			1,529,622
Depreciation and amortization	18,552			13,281			15,238			33,790			26,868
Selling and distribution expenses	76,855			68,254			68,041			144,896			130,134
General and administrative expenses	15,612			12,018			16,052			31,664			24,026
Other (income) expense, net	172			(98		)	(1,585		)	(1,413		)	(397		)
	1,005,906			918,038			867,290			1,873,196			1,710,253

Income from operations	37,867			37,359			13,405			51,272			55,047

Foreign currency exchange gain (loss)	28			41			198			226			(66		)
Interest expense	(6,427		)	(5,591		)	(5,802		)	(12,229		)	(11,072		)
Interest income	27			58			149			176			148
Change in fair value of interest rate swaps	(1,532		)	—			(69		)	(1,601		)	—
	(7,904		)	(5,492		)	(5,524		)	(13,428		)	(10,990		)

Income before income taxes	29,963			31,867			7,881			37,844			44,057
Income tax provision	(10,735		)	(11,637		)	(2,931		)	(13,666		)	(16,210		)
Net income	$	19,228		$	20,230		$	4,950		$	24,178		$	27,847

Weighted average common shares outstanding:
Basic	38,814			39,494			38,853			38,834			39,496
Diluted	38,972			39,600			38,880			38,850			39,604

Net income per common share:
Basic	$	0.50		$	0.51		$	0.13		$	0.62		$	0.71
Diluted	$	0.49		$	0.51		$	0.13		$	0.62		$	0.70



	Three Months Ended									Six Months Ended
	June 30						March 31, 2016			June 30
	2016			2015						2016			2015

Segment sales	$	346,358		$	339,869		$	303,457		$	649,815		$649,185

Costs and expenses
Materials, labor, and other operating expenses (excluding depreciation)	303,803			296,276			273,942			577,745			564,696
Depreciation and amortization	14,769			10,341			11,634			26,403			21,132
Selling and distribution expenses	8,108			7,030			7,375			15,483			13,705
General and administrative expenses	3,173			2,514			6,098			9,271			5,026
Other (income) expense, net	196			(4		)	(1,477		)	(1,281		)	18
	330,049			316,157			297,572			627,621			604,577

Segment income	$	16,309		$	23,712		$	5,885		$	22,194		$	44,608

	(percentage of sales)

Segment sales	100.0		%	100.0		%	100.0		%	100.0		%	100.0		%

Costs and expenses
Materials, labor, and other operating expenses (excluding depreciation)	87.7		%	87.2		%	90.3		%	88.9		%	87.0		%
Depreciation and amortization	4.3		%	3.0		%	3.8		%	4.1		%	3.3		%
Selling and distribution expenses	2.3		%	2.1		%	2.4		%	2.4		%	2.1		%
General and administrative expenses	0.9		%	0.7		%	2.0		%	1.4		%	0.8		%
Other (income) expense, net	0.1		%	—		%	(0.5		)%	(0.2		)%	—		%
	95.3		%	93.0		%	98.1		%	96.6		%	93.1		%

Segment income	4.7		%	7.0		%	1.9		%	3.4		%	6.9		%



	Three Months Ended									Six Months Ended
	June 30						March 31			June 30
	2016			2015			2016			2016			2015

Segment sales	$	850,042		$	762,078		$	717,254		$	1,567,296		$	1,384,983

Costs and expenses
Materials, labor, and other operating expenses (excluding depreciation)	743,700			674,503			635,778			1,379,478			1,232,864
Depreciation and amortization	3,354			2,874			3,235			6,589			5,613
Selling and distribution expenses	68,574			60,910			60,502			129,076			115,560
General and administrative expenses	5,356			4,311			4,503			9,859			8,239
Other (income) expense, net	(59		)	(96		)	(137		)	(196		)	(215		)
	820,925			742,502			703,881			1,524,806			1,362,061

Segment income	$	29,117		$	19,576		$	13,373		$	42,490		$	22,922

	(percentage of sales)

Segment sales	100.0		%	100.0		%	100.0		%	100.0		%	100.0		%

Costs and expenses
Materials, labor, and other operating expenses (excluding depreciation)	87.5		%	88.5		%	88.6		%	88.0		%	89.0		%
Depreciation and amortization	0.4		%	0.4		%	0.5		%	0.4		%	0.4		%
Selling and distribution expenses	8.1		%	8.0		%	8.4		%	8.2		%	8.3		%
General and administrative expenses	0.6		%	0.6		%	0.6		%	0.6		%	0.6		%
Other (income) expense, net	—		%	—		%	—		%	—		%	—		%
	96.6		%	97.4		%	98.1		%	97.3		%	98.3		%

Segment income	3.4		%	2.6		%	1.9		%	2.7		%	1.7		%



	Three Months Ended									Six Months Ended
	June 30						March 31, 2016			June 30
	2016			2015			March 31, 2016			2016			2015
Segment sales
Wood Products	$	346,358		$	339,869		$	303,457		$	649,815		$	649,185
Building Materials Distribution	850,042			762,078			717,254			1,567,296			1,384,983
Corporate and Other	103			—			186			289			—
Intersegment eliminations	(152,730		)	(146,550		)	(140,202		)	(292,932		)	(268,868		)
	$	1,043,773		$	955,397		$	880,695		$	1,924,468		$	1,765,300

Segment income (loss)
Wood Products	$	16,309		$	23,712		$	5,885		$	22,194		$	44,608
Building Materials Distribution	29,117			19,576			13,373			42,490			22,922
Corporate and Other	(7,531		)	(5,888		)	(5,655		)	(13,186		)	(12,549		)
	37,895			37,400			13,603			51,498			54,981

Interest expense	(6,427		)	(5,591		)	(5,802		)	(12,229		)	(11,072		)
Interest income	27			58			149			176			148
Change in fair value of interest rate swaps	(1,532		)	—			(69		)	(1,601		)	—
Income before income taxes	$	29,963		$	31,867		$	7,881		$	37,844		$	44,057

EBITDA (a)
Wood Products	$	31,078		$	34,053		$	17,519		$	48,597		$	65,740
Building Materials Distribution	32,471			22,450			16,608			49,079			28,535
Corporate and Other	(7,102		)	(5,822		)	(5,286		)	(12,388		)	(12,426		)
	$	56,447		$	50,681		$	28,841		$	85,288		$	81,849



	June 30, 2016		December 31, 2015
	June 30, 2016		December 31, 2015
ASSETS

Current
Cash and cash equivalents	$	96,089	$	184,496
Receivables
Trade, less allowances of $1,121 and $1,734	278,704		187,138
Related parties	376		1,065
Other	7,388		10,861
Inventories	461,998		384,857
Prepaid expenses and other	10,755		17,153
Total current assets	855,310		785,570

Property and equipment, net	552,776		402,666
Timber deposits	12,246		15,848
Goodwill	55,433		21,823
Intangible assets, net	15,893		10,090
Other assets	11,830		12,609
Total assets	$	1,503,488	$	1,248,606



	June 30, 2016			December 31, 2015

LIABILITIES AND STOCKHOLDERS' EQUITY

Current
Accounts payable
Trade	$	247,740		$	159,029
Related parties	1,954			1,442
Accrued liabilities
Compensation and benefits	57,250			54,712
Interest payable	3,403			3,389
Other	50,786			40,078
Total current liabilities	361,133			258,650

Debt
Long-term debt	464,586			344,589

Other
Compensation and benefits	93,614			93,355
Other long-term liabilities	24,136			17,342
	117,750			110,697

Commitments and contingent liabilities

Stockholders' equity
Preferred stock, $0.01 par value per share; 50,000 shares authorized, no shares issued and outstanding	—			—
Common stock, $0.01 par value per share; 300,000 shares authorized, 43,518 and 43,413 shares issued, respectively	435			434
Treasury Stock, 4,767 and 4,587 shares at cost, respectively	(126,343		)	(123,711		)
Additional paid-in capital	511,097			508,066
Accumulated other comprehensive loss	(92,244		)	(93,015		)
Retained earnings	267,074			242,896
Total stockholders' equity	560,019			534,670
Total liabilities and stockholders' equity	$	1,503,488		$	1,248,606



	Six Months Ended
	June 30
	2016			2015
Cash provided by (used for) operations
Net income	$	24,178		$	27,847
Items in net income not using (providing) cash
Depreciation and amortization, including deferred financing costs and other	34,661			27,638
Stock-based compensation	3,866			2,898
Pension expense	1,212			2,881
Deferred income taxes	3,901			7,187
Change in fair value of interest rate swaps	1,601			—
Other	72			(622		)
Decrease (increase) in working capital, net of acquisitions
Receivables	(76,937		)	(61,885		)
Inventories	(59,304		)	(20,653		)
Prepaid expenses and other	(4,508		)	(3,375		)
Accounts payable and accrued liabilities	96,403			78,457
Pension contributions	(2,778		)	(53,203		)
Income taxes payable	18,696			14,499
Other	4,955			(1,954		)
Net cash provided by operations	46,018			19,715

Cash provided by (used for) investment
Expenditures for property and equipment	(35,101		)	(31,433		)
Acquisitions of businesses and facilities	(215,900		)	—
Proceeds from sales of assets and other	255			263
Net cash used for investment	(250,746		)	(31,170		)

Cash provided by (used for) financing
Borrowings of long-term debt, including revolving credit facility	352,700			50,000
Payments on revolving credit facility	(232,700		)	—
Treasury stock purchased	(2,632		)	(6,109		)
Financing costs	(543		)	(655		)
Tax withholding payments on stock-based awards	(383		)	(1,063		)
Other	(121		)	660
Net cash provided by financing	116,321			42,833

Net increase (decrease) in cash and cash equivalents	(88,407		)	31,378

Balance at beginning of the period	184,496			163,549

Balance at end of the period	$	96,089		$	194,927

The Consolidated Statements of Operations, Segment Statements of Operations, Consolidated Balance Sheets, Consolidated Statements of Cash Flows, and Segment Information do not include all Notes to Consolidated Financial Statements and should be read in conjunction with the Company’s 2015 Form 10-K and the Company’s other filings with the Securities and Exchange Commission. Net income for all periods presented involved estimates and accruals.



	Three Months Ended									Six Months Ended
	June 30						March 31, 2016			June 30
	2016			2015			March 31, 2016			2016			2015

	(unaudited, in thousands)

Net income	$	19,228		$	20,230		$	4,950		$	24,178		$	27,847
Interest expense	6,427			5,591			5,802			12,229			11,072
Interest income	(27		)	(58		)	(149		)	(176		)	(148		)
Change in fair value of interest rate swaps	1,532			—			69			1,601			—
Income tax provision	10,735			11,637			2,931			13,666			16,210
Depreciation and amortization	18,552			13,281			15,238			33,790			26,868
EBITDA	$	56,447		$	50,681		$	28,841		$	85,288		$	81,849

The following table reconciles segment income (loss) to EBITDA for the three months ended June 30, 2016 and 2015, and March 31, 2016, and the six months ended June 30, 2016 and 2015:



	Three Months Ended									Six Months Ended
	June 30						March 31, 2016			June 30
	2016			2015						2016			2015

	(unaudited, in thousands)
Wood Products
Segment income	$	16,309		$	23,712		$	5,885		$	22,194		$	44,608
Depreciation and amortization	14,769			10,341			11,634			26,403			21,132
EBITDA	31,078			34,053			17,519			48,597			65,740

Building Materials Distribution
Segment income	29,117			19,576			13,373			42,490			22,922
Depreciation and amortization	3,354			2,874			3,235			6,589			5,613
EBITDA	32,471			22,450			16,608			49,079			28,535

Corporate and Other
Segment loss	(7,531		)	(5,888		)	(5,655		)	(13,186		)	(12,549		)
Depreciation and amortization	429			66			369			798			123
EBITDA	(7,102		)	(5,822		)	(5,286		)	(12,388		)	(12,426		)

Total Company EBITDA	$	56,447		$	50,681		$	28,841		$	85,288		$	81,849



	2Q 2016 vs. 2Q 2015	2Q 2016 vs. 1Q 2016

Average Net Selling Prices
Plywood	(10)%	4%
LVL	2%	—%
I-joists	3%	—%
Lumber	(4)%	3%
Sales Volumes
Plywood	(8)%	—%
LVL	33%	30%
I-joists	14%	29%
Lumber	(12)%	3%



Boise Cascade		Exhibit 99.1
1111 West Jefferson Street Ste 300 PO Box 50 Boise, ID 83728



Investor Relations Contact - Wayne Rancourt 208 384 6073		Media Contact - John Sahlberg 208 384 6451


(a)	EBITDA represents income before interest (interest expense, interest income, and change in fair value of interest rate swaps), income taxes, and depreciation and amortization. The following table reconciles net income to EBITDA for the three months ended June 30, 2016 and 2015, and March 31, 2016, and the six months ended June 30, 2016 and 2015:



News Release