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Unaudited Supplemental Consolidating Financial Statements (Tables)

6 Months Ended

Jun. 30, 2012

Unaudited Supplemental Consolidating Financial Statements [Abstract]

Consolidating statement of operations


		BlueLinx Holdings Inc.				BlueLinx Corporation and Subsidiaries				LLC Subsidiaries				Eliminations				Consolidated
Net sales		$	—			$	517,026			$	7,148			$	(7,148	)		$	517,026
Cost of sales			—				453,838				—				—				453,838

Gross profit			—				63,188				7,148				(7,148	)			63,188

Operating expenses:
Selling, general and administrative			696				63,588				—				(7,148	)			57,136
Depreciation and amortization			—				1,304				883				—				2,187

Total operating expenses			696				64,892				883				(7,148	)			59,323

Operating (loss) income			(696	)			(1,704	)			6,265				—				3,865
Non-operating expenses:
Interest expense			—				3,227				4,098				—				7,325
Changes associated with ineffective interest rate swap			—				—				—				—				—
Other expense (income), net			—				50				(1	)			—				49

(Loss) income before provision for income taxes			(696	)			(4,981	)			2,168				—				(3,509	)
Provision for income taxes			42				155				—				—				197
Equity in loss of subsidiaries			(2,968	)			—				—				2,968				—

Net (loss) income		$	(3,706	)		$	(5,136	)		$	2,168			$	2,968			$	(3,706	)


		BlueLinx Holdings Inc.				BlueLinx Corporation and Subsidiaries				LLC Subsidiaries				Eliminations				Consolidated
Net sales		$	—			$	500,810			$	7,429			$	(7,429	)		$	500,810
Cost of sales			—				443,165				—				—				443,165

Gross profit			—				57,645				7,429				(7,429	)			57,645

Operating expenses:
Selling, general and administrative			1,387				62,822				—				(7,429	)			56,780
Depreciation and amortization			—				1,663				961				—				2,624

Total operating expenses			1,387				64,485				961				(7,429	)			59,404

Operating (loss) income			(1,387	)			(6,840	)			6,468				—				(1,759	)
Non-operating expenses:
Interest expense			—				2,980				4,750				—				7,730
Changes associated with ineffective interest rate swap			—				—				—				—				—
Other (income) expense, net			—				133				1				—				134

(Loss) income before provision for income taxes			(1,387	)			(9,953	)			1,717				—				(9,623	)
Provision for income taxes			36				122				—				—				158
Equity in loss of subsidiaries			(8,358	)			—				—				8,358				—

Net (loss) income		$	(9,781	)		$	(10,075	)		$	1,717			$	8,358			$	(9,781	)


		BlueLinx Holdings Inc.				BlueLinx Corporation and Subsidiaries				LLC Subsidiaries				Eliminations				Consolidated
Net sales		$	—			$	970,734			$	14,295			$	(14,295	)		$	970,734
Cost of sales			—				853,314				—				—				853,314

Gross profit			—				117,420				14,295				(14,295	)			117,420

Operating expenses:
Selling, general and administrative			1,709				126,198				(410	)			(14,295	)			113,202
Depreciation and amortization			—				2,679				1,768				—				4,447

Total operating expenses			1,709				128,877				1,358				(14,295	)			117,649

Operating (loss) income			(1,709	)			(11,457	)			12,937				—				(229	)
Non-operating expenses:
Interest expense			—				5,901				8,206				—				14,107
Changes associated with the ineffective interest rate swap			—				—				—				—				—
Other income, net			—				(7	)			(6	)			—				(13	)

(Loss) income before provision for income taxes			(1,709	)			(17,351	)			4,737				—				(14,323	)
Provision for income taxes			102				300				—				—				402
Equity in loss of subsidiaries			(12,914	)			—				—				12,914				—

Net (loss) income		$	(14,725	)		$	(17,651	)		$	4,737			$	12,914			$	(14,725	)


		BlueLinx Holdings Inc.				BlueLinx Corporation and Subsidiaries				LLC Subsidiaries				Eliminations				Consolidated
Net sales		$	—			$	891,414			$	14,857			$	(14,857	)		$	891,414
Cost of sales			—				787,500				—				—				787,500

Gross profit			—				103,914				14,857				(14,857	)			103,914

Operating expenses:
Selling, general and administrative			3,005				124,301				(7,222	)			(14,857	)			105,227
Depreciation and amortization			—				3,647				1,914				—				5,561

Total operating expenses			3,005				127,948				(5,308	)			(14,857	)			110,788

Operating (loss) income			(3,005	)			(24,034	)			20,165				—				(6,874	)
Non-operating expenses:
Interest expense			—				7,292				9,499				—				16,791
Changes associated with the ineffective interest rate swap			—				(1,751	)			—				—				(1,751	)
Other expense (income), net			—				155				(6	)			—				149

(Loss) income before (benefit from) provision for income taxes			(3,005	)			(29,730	)			10,672				—				(22,063	)
Provision for (benefit from) income taxes			681				(637	)			—				—				44
Equity in loss of subsidiaries			(18,421	)			—				—				18,421				—

Net (loss) income		$	(22,107	)		$	(29,093	)		$	10,672			$	18,421			$	(22,107	)

Consolidating balance sheet


		BlueLinx Holdings Inc.				BlueLinx Corporation and Subsidiaries				LLC Subsidiaries				Eliminations				Consolidated
Assets:
Current assets:
Cash		$	27			$	5,124			$	—			$	—			$	5,151
Receivables			—				202,114				—				—				202,114
Inventories			—				235,630				—				—				235,630
Other current assets			603				17,960				8,834				—				27,397
Intercompany receivable			64,795				20,076				—				(84,871	)			—

Total current assets			65,425				480,904				8,834				(84,871	)			470,292

Property and equipment:
Land and land improvements			—				2,935				39,873				—				42,808
Buildings			—				10,476				83,856				—				94,332
Machinery and equipment			—				76,072				—				—				76,072
Construction in progress			—				1,215				—				—				1,215

Property and equipment, at cost			—				90,698				123,729				—				214,427
Accumulated depreciation			—				(72,590	)			(29,677	)			—				(102,267	)

Property and equipment, net			—				18,108				94,052				—				112,160
Investment in subsidiaries			(50,583	)			—				—				50,583				—
Non-current deferred income tax assets			—				382				—				—				382
Other non-current assets			—				11,766				16,056				—				27,822

Total assets		$	14,842			$	511,160			$	118,942			$	(34,288	)		$	610,656

Liabilities:
Current liabilities:
Accounts payable		$	163			$	78,687			$	—			$	—				78,850
Bank overdrafts			—				30,703				—				—				30,703
Accrued compensation			82				6,428				—				—				6,510
Current maturities of long-term debt			—				57,815				2,680				—				60,495
Deferred income taxes, net			—				382				—				—				382
Other current liabilities			—				11,111				1,260				—				12,371
Intercompany payable			20,076				64,795				—				(84,871	)			—

Total current liabilities			20,321				249,921				3,940				(84,871	)			189,311

Non-current liabilities:
Long-term debt			—				148,847				232,825				—				381,672
Other non-current liabilities			—				45,152				—				—				45,152

Total liabilities			20,321				443,920				236,765				(84,871	)			616,135

Stockholders’ (Deficit) Equity/Parent’s Investment			(5,479	)			67,240				(117,823	)			50,583				(5,479	)

Total liabilities and equity		$	14,842			$	511,160			$	118,942			$	(34,288	)		$	610,656


		BlueLinx Holdings Inc.				BlueLinx Corporation and Subsidiaries				LLC Subsidiaries				Eliminations				Consolidated
Assets:
Current assets:
Cash		$	27			$	4,871			$	—			$	—			$	4,898
Receivables			—				138,872				—				—				138,872
Inventories			—				185,577				—				—				185,577
Deferred income tax assets, current			—				—				—				—				—
Other current assets			498				17,882				8,761				—				27,141
Intercompany receivable			67,041				18,482				—				(85,523	)			—

Total current assets			67,566				365,684				8,761				(85,523	)			356,488

Property and equipment:
Land and land improvements			—				2.938				46,624				—				49,562
Buildings			—				10,463				85,189				—				95,652
Machinery and equipment			—				75,508				—				—				75,508
Construction in progress			—				741				—				—				741

Property and equipment, at cost			—				89,650				131,813				—				221,463
Accumulated depreciation			—				(70,426	)			(27,909	)			—				(98,335	)

Property and equipment, net			—				19,224				103,904				—				123,128
Investment in subsidiaries			(40,549	)			—				—				40,549				—
Non-current deferred tax assets, net			—				358				—				—				358
Other non-current assets			—				14,747				9,194				—				23,941

Total assets		$	27,017			$	400,013			$	121,859			$	(44,974	)		$	503,915

Liabilities:
Current liabilities:
Accounts payable		$	161			$	68,639			$	1,428			$	—				70,228
Bank overdrafts			—				22,364				—				—				22,364
Accrued compensation			—				4,496				—				—				4,496
Current maturities of long-term debt			—				—				9,046				—				9,046
Deferred income tax liabilities, net			—				382				—				—				382
Other current liabilities			—				15,205				1,353				—				16,558
Intercompany payable			18,482				67,041				—				(85,523	)			—

Total current liabilities			18,643				178,127				11,827				(85,523	)			123,074

Non-current liabilities:
Long-term debt			—				94,488				234,207				—				328,695
Non-current deferred income tax liabilities			—				—				—				—				—
Other non-current liabilities			—				43,772				—				—				43,772

Total liabilities			18,643				316,387				246,034				(85,523	)			495,541

Stockholders’ equity/parent’s investment			8,374				83,626				(124,175	)			40,549				8,374

Total liabilities and equity		$	27,017			$	400,013			$	121,859			$	(44,974	)		$	503,915

Consolidating statement of cash flows


		BlueLinx Holdings Inc.				BlueLinx Corporation and Subsidiaries				LLC Subsidiaries				Eliminations				Consolidated
Cash flows from operating activities:
Net (loss) income		$	(14,725	)		$	(17,651	)		$	4,737			$	12,914			$	(14,725	)
Adjustments to reconcile net (loss) income to cash provided by (used in) operating activities:
Depreciation and amortization			—				2,679				1,768				—				4,447
Amortization of debt issuance costs			—				1,863				—				—				1,863
Gain from the sale of properties			—				—				(530	)			—				(530	)
Gain from property insurance settlement			—				—				(476	)			—				(476	)
Vacant property charges, net			—				(78	)			—				—				(78	)
Payments on modification of lease agreement			—				(5,000	)			—				—				(5,000	)
Deferred income tax benefit			—				(24	)			—				—				(24	)
Share-based compensation expense							1,420				—				—				1,420
Increase in restricted cash			—				657				—				—				657
Equity in earnings of subsidiaries			12,914				—				—				(12,914	)			—
Changes in assets and liabilities:
Receivables			—				(63,242	)			—				—				(63,242	)
Inventories			—				(50,053	)			—				—				(50,053	)
Accounts payable			3				10,047				—				—				10,050
Changes in other working capital			(23	)			2,988				(7,347	)			—				(4,382	)
Intercompany receivable			2,246				(1,594	)			—				(652	)			—
Intercompany payable			1,594				(2,246	)			—				652				—
Other			—				2,474				7,493				—				9,967

Net cash provided by (used in) operating activities			2,009				(117,760	)			5,645				—				(110,106	)

Cash flows from investing activities:
Investment in subsidiaries			(2,009	)			393				1,616				—				—
Property, plant and equipment investments			—				(2,140	)			—				—				(2,140	)
Proceeds from disposition of assets			—				—				1,915				—				1,915

Net cash (used in) provided by investing activities			(2,009	)			(1,747	)			3,531				—				(225	)

Cash flows from financing activities:
Repurchase of shares to satisfy employee tax withholdings			—				(424	)			—				—				(424	)
Repayments on the revolving credit facilities			—				(201,403	)			—				—				(201,403	)
Borrowings from the revolving credit facilities			—				313,666				—				—				313,666
Payments of principal on mortgage			—				—				(7,747	)			—				(7,747	)
Payments on capital lease obligations			—				(414	)			—				—				(414	)
Increase in bank overdrafts			—				8,339				—				—				8,339
Increase in restricted cash related to the mortgage			—				—				—				—				—
Debt financing costs			—				(4	)			(1,429	)			—				(1,433	)
Intercompany receivable			—				—				—				—				—
Intercompany payable			—				—				—				—				—
Other			—				—				—				—				—

Net cash provided by (used in) financing activities			—				119,760				(9,176	)			—				110,584

Increase in cash			—				253				—				—				253
Balance, beginning of period			27				4,871				—				—				4,898

Balance, end of period		$	27			$	5,124			$	—			$	—			$	5,151

Noncash transactions:
Capital leases		$	—			$	32			$	—			$	—			$	32


		BlueLinx Holdings Inc.				BlueLinx Corporation and Subsidiaries				LLC Subsidiaries				Eliminations				Consolidated
Cash flows from operating activities:
Net (loss) income		$	(22,107	)		$	(29,093	)		$	10,672			$	18,421			$	(22,107	)
Adjustments to reconcile net (loss) income to cash (used in) provided by operating activities:
Depreciation and amortization			—				3,647				1,914				—				5,561
Amortization of debt issuance costs			—				1,094				—				—				1,094
Gain from the sale of properties			—				—				(7,222	)			—				(7,222	)
Changes associated with the ineffective interest rate swap			—				(1,751	)			—				—				(1,751	)
Deferred income tax benefit			—				(214	)			—				—				(214	)
Share-based compensation expense			—				1,137				—				—				1,137
Decrease in restricted cash			—				432				—				—				432
Equity in earnings of subsidiaries			18,421				—				—				(18,421	)			—
Changes in assets and liabilities:
Receivables			—				(86,533	)			—				—				(86,533	)
Inventories			—				(24,404	)			—				—				(24,404	)
Accounts payable			123				32,352				20				—				32,495
Changes in other working capital			(452	)			566				(208	)			(1,244	)			(1,338	)
Intercompany receivable			(249	)			(1,930	)			—				2,179				—
Intercompany payable			1,425				(490	)			—				(935	)			—
Other			17				2,594				(986	)			—				1,625

Net cash (used in) provided by operating activities			(2,822	)			(102,593	)			4,190				—				(101,225	)

Cash flows from investing activities:
Investment in subsidiaries			2,528				—				(2,528	)			—				—
Property, plant and equipment investments			—				(2,523	)			(2,818	)			—				(5,341	)
Proceeds from disposition of assets			—								8,971				—				8,971

Net cash provided by (used in) investing activities			2,528				(2,523	)			3,625				—				3,630

Cash flows from financing activities:
Net transactions with Parent			—				—				—				—				—
Repurchase of common stock			—				—				—				—
Repayments on the revolving credit facilities			—				(171,736	)			—				—				(171,736	)
Borrowings from the revolving credit facilities			—				263,446				—				—				263,446
Payments on capital lease obligations			—				(197	)			—				—				(197	)
Increase in bank overdrafts			—				5,709				—				—				5,709
Increase in restricted cash related to the mortgage			—				—				(7,815	)			—				(7,815	)
Intercompany receivable			—				—				—				—				—
Intercompany payable			—				—				—				—				—
Other			—				—				—				—				—

Net cash provided by (used in) financing activities			—				97,222				(7,815	)			—				89,407

Decrease in cash			(294	)			(7,894	)			—				—				(8,188	)
Balance, beginning of period			384				13,913				—				—				14,297

Balance, end of period		$	90			$	6,019			$	—			$	—			$	6,109

Noncash transactions
Capital leases		$	—			$	2,544			$	—			$	—			$	2,544