Unaudited Supplemental Consolidating Financial Statements (Tables)

3 Months Ended

Mar. 30, 2013

Unaudited Supplemental Consolidating Financial Statements [Abstract]

Schedule of consolidating statement of operations

	BlueLinx Holdings Inc.			BlueLinx Corporation and Subsidiaries			LLC Subsidiaries			Eliminations			Consolidated
Net sales	$	—		$	503,153		$	6,888		$	(6,888	)	$	503,153
Cost of sales		—			446,695			—			—			446,695
Gross profit		—			56,458			6,888			(6,888	)		56,458
Operating expenses (other income):
Selling, general and administrative		1,036			65,109			162			(6,888	)		59,419
Depreciation and amortization		—			1,297			876			—			2,173
Total operating expenses		1,036			66,406			1,038			(6,888	)		61,592
Operating (loss) income		(1,036	)		(9,948	)		5,850			—			(5,134	)
Non-operating expenses:
Interest expense		—			3,560			3,632			—			7,192
Other loss (income), net		—			111			(1	)		—			110
(Loss) income before provision for income taxes		(1,036	)		(13,619	)		2,219			—			(12,436	)
Provision for income taxes		188			25			—			—			213
Equity in loss of subsidiaries		(11,425	)		—			—			11,425			—
Net (loss) income	$	(12,649	)	$	(13,644	)	$	2,219		$	11,425		$	(12,649	)

	BlueLinx Holdings Inc.			BlueLinx Corporation and Subsidiaries			LLC Subsidiaries			Eliminations			Consolidated
Net sales	$	—		$	453,708		$	7,148		$	(7,148	)	$	453,708
Cost of sales		—			399,476			—			—			399,476
Gross profit		—			54,232			7,148			(7,148	)		54,232
Operating expenses (other income):
Selling, general and administrative		1,181			62,611			(578	)		(7,148	)		56,066
Depreciation and amortization		—			1,374			886			—			2,260
Total operating expenses		1,181			63,985			308			(7,148	)		58,326
Operating (loss) income		(1,181	)		(9,753	)		6,840			—			(4,094	)
Non-operating expenses:
Interest expense		—			2,673			4,109			—			6,782
Other expense (income), net		—			(56	)		(6	)		—			(62	)
(Loss) income before provision for income taxes		(1,181	)		(12,370	)		2,737			—			(10,814	)
Provision for income taxes		60			145			—			—			205
Equity in loss of subsidiaries		(9,778	)		—			—			9,778			—
Net (loss) income	$	(11,019	)	$	(12,515	)	$	2,737		$	9,778		$	(11,019	)

Schedule of consolidating balance sheet

	BlueLinx Holdings Inc.			BlueLinx Corporation and Subsidiaries			LLC Subsidiaries			Eliminations			Consolidated
Assets:
Current assets:
Cash	$	27		$	5,258		$	—		$	—			5,285
Receivables		—			218,861			—			—			218,861
Inventories		—			319,654			—			—			319,654
Other current assets		775			18,374			4,155			—			23,304

Intercompany receivable		75,793			31,389			—			(107,182	)		—

Total current assets		76,595			593,536			4,155			(107,182	)		567,104
Property and equipment:
Land and land improvements		—			3,279			39,870			—			43,149
Buildings		—			10,162			83,936			—			94,098
Machinery and equipment		—			78,946			—			—			78,946
Construction in progress		—			1,210			—			—			1,210
Property and equipment, at cost		—			93,597			123,806			—			217,403
Accumulated depreciation		—			(72,547	)		(31,018	)		—			(103,565	)
Property and equipment, net		—			21,050			92,788			—			113,838
Investment in subsidiaries		(37,887	)		—			—			37,887			—
Non-current deferred income tax assets		—			445			—			—			445

Other non-current assets		—			12,372			5,825			—			18,197

Total assets	$	38,708		$	627,403		$	102,768		$	(69,295	)	$	699,584
Liabilities:
Current liabilities:
Accounts payable	$	1,683		$	141,514		$	—		$	—		$	143,197
Bank overdrafts		—			29,086			—			—			29,086
Accrued compensation		—			4,510			—			—			4,510
Current maturities of long-term debt		—			58,732			8,967			—			67,699

Deferred income taxes, net		—			449			—			—			449
Other current liabilities		—			10,650			1,150			—			11,800

Intercompany payable		31,389			75,793			—			(107,182	)		—
Total current liabilities		33,072			320,734			10,117			(107,182	)		256,741

Non-current liabilities:

Long-term debt		—			183,672			196,367			—			380,039

Other non-current liabilities		—			57,168			—			—			57,168
Total liabilities		33,072			561,574			206,484			(107,182	)		693,948

Stockholders’ equity (deficit)/parent’s investment		5,636			65,829			(103,716	)		37,887			5,636
Total liabilities and stockholders’ equity (deficit)/parent’s investment	$	38,708		$	627,403		$	102,768		$	(69,295	)	$	699,584

	BlueLinx Holdings Inc.			BlueLinx Corporation and Subsidiaries			LLC Subsidiaries			Eliminations			Consolidated
Assets:
Current assets:
Cash	$	28		$	5,160		$	—		$	—		$	5,188
Receivables		—			157,465			—			—			157,465
Inventories		—			230,059			—			—			230,059
Other current assets		1,596			17,790			41			—			19,427
Intercompany receivable		73,981			28,814			—			(102,795	)		—
Total current assets		75,605			439,288			41			(102,795	)		412,139
Property and equipment:
Land and land improvements		—			3,250			39,870			—			43,120
Buildings		—			10,213			83,857			—			94,070
Machinery and equipment		—			78,674			—			—			78,674
Construction in progress		—			1,173			—			—			1,173
Property and equipment, at cost		—			93,310			123,727			—			217,037
Accumulated depreciation		—			(71,583	)		(30,101	)		—			(101,684	)
Property and equipment, net		—			21,727			93,626			—			115,353
Investment in subsidiaries		(67,053	)		—			—			67,053			—
Non-current deferred income tax assets, net		—			445			—			—			445
Other non-current assets		—			10,646			6,153			—			16,799
Total assets	$	8,552		$	472,106		$	99,820		$	(35,742	)	$	544,736
Liabilities:
Current liabilities:
Accounts payable	$	203		$	77,257		$	390		$	—			77,850
Bank overdrafts		—			35,384			—			—			35,384
Accrued compensation		127			6,043			—			—			6,170
Current maturities of long-term debt		—			—			8,946			—			8,946
Deferred income tax liabilities, net		—			449			—			—			449
Other current liabilities		—			9,831			1,106			—			10,937
Intercompany payable		28,814			73,981			—			(102,795	)		—
Total current liabilities		29,144			202,945			10,442			(102,795	)		139,736
Non-current liabilities:
Long-term debt		—			171,412			197,034			—			368,446
Other non-current liabilities		—			57,146			—			—			57,146
Total liabilities		29,144			431,503			207,476			(102,795	)		565,328
Stockholders’ (deficit) equity/parent’s investment		(20,592	)		40,603			(107,656	)		67,053			(20,592	)
Total liabilities and stockholders’ (deficit) equity/parent’s investment	$	8,552		$	472,106		$	99,820		$	(35,742	)	$	544,736

Schedule of consolidating statement of cash flows

	BlueLinx Holdings Inc.			BlueLinx Corporation and Subsidiaries			LLC Subsidiaries			Eliminations			Consolidated
Cash flows from operating activities:
Net (loss) income	$	(12,649	)	$	(13,644	)	$	2,219		$	11,425		$	(12,649	)
Adjustments to reconcile net (loss) income to cash provided by (used in) operating activities:
Depreciation and amortization		—			1,297			876			—			2,173
Amortization of debt issuance costs		—			615			331			—			946
Write off of debt issuance costs		—			119			—			—			119
Gain from the sale of properties		—			—			(238	)		—			(238	)
Gain from property insurance settlement		—			—			—			—			—
Vacant property charges, net		—			—			—			—			—
Payments on modification of lease agreement		—			—			—			—			—
Deferred income tax benefit		—			—			—			—			—
Share-based compensation expense		227			597			—			—			824
Increase in restricted cash		—			(361	)		—			—			(361	)
Other		694			641			(1,081	)		—			254
Equity in earnings of subsidiaries		11,425			—			—			(11,425	)		—
Intercompany receivable		(1,812	)		(2,575	)		—			4,387			—
Intercompany payable		2,575			1,812			—			(4,387	)		—
		460			(11,499	)		2,107			—			(8,932	)
Changes in primary working capital components:
Receivables		—			(61,396	)		—			—			(61,396	)
Inventories		—			(89,595	)		—			—			(89,595	)
Accounts payable		217			64,257			(390	)		—			64,084
Net cash provided by (used in) operating activities		677			(98,233	)		1,717			—			(95,839	)
Cash flows from investing activities:
Investment in subsidiaries		(39,364	)		37,643			1,721			—			—
Property, plant and equipment investments		—			(955	)		—			—			(955	)
Proceeds from disposition of assets		—			32			163			—			195
Net cash (used in) provided by investing activities		(39,364	)		36,720			1,884			—			(760	)
Cash flows from financing activities:
Excess tax benefits from share-based compensation arrangements		—			16			—			—			16
Repurchase of shares to satisfy employee tax withholdings		(1,206	)		—			—			—			(1,206	)
Repayments on the revolving credit facilities		—			(128,836	)		—			—			(128,836	)
Borrowings from the revolving credit facilities		—			199,828			—			—			199,828
Payments of principal on mortgage		—			—			(646	)		—			(646	)
Payments on capital lease obligations		—			(384	)		—			—			(384	)
Decrease in bank overdrafts		—			(6,298	)		—			—			(6,298	)
Increase in restricted cash related to the mortgage		—			—			(2,955	)		—			(2,955	)
Debt issuance costs		—			(2,715	)		—			—			(2,715	)
Proceeds from rights offering less expenses paid		39,892			—			—			—			39,892
Net cash provided by (used in) financing activities		38,686			61,611			(3,601	)		—			96,696
Increase in cash		(1	)		98			—			—			97
Balance, beginning of period		28			5,160			—			—			5,188
Balance, end of period	$	27		$	5,258		$	—		$	—		$	5,285

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

	BlueLinx Holdings Inc.			BlueLinx Corporation and Subsidiaries			LLC Subsidiaries			Eliminations			Consolidated
Cash flows from operating activities:
Net (loss) income	$	(11,019	)	$	(12,515	)	$	2,737		$	9,778		$	(11,019	)
Adjustments to reconcile net (loss) income to cash (used in) provided by operating activities:
Depreciation and amortization		—			1,374			886			—			2,260
Amortization of debt issuance costs		—			618			315			—			933
Gain from the sale of properties		—			—			(578	)		—			(578	)
Payments on modification of lease agreement		—			(5,000	)		—			—			(5,000	)
Deferred income tax benefit		—			(24	)		—			—			(24	)
Share-based compensation expense					599			144			—			743
Increase in restricted cash		—			(308	)		—			—			(308	)
Other		(227	)		1,375			678			—			1,826
Equity in earnings of subsidiaries		9,778			—			—			(9,778	)		—
Intercompany receivable		2,246			(52	)		—			(2,194	)		—
Intercompany payable		52			(2,246	)		—			2,194			—
		830			(16,179	)		4,182			—			(11,167	)
Changes in primary working capital components:
Receivables		—			(59,078	)		—			—			(59,078	)
Inventories		—			(64,983	)		—			—			(64,983	)
Accounts payable		(161	)		46,687			200			—			46,726
Net cash provided by (used in) operating activities		669			(93,553	)		4,382			—			(88,502	)
Cash flows from investing activities:
Investment in subsidiaries		(669	)		597			72			—			—
Property, plant and equipment investments		—			(1,278	)		—			—			(1,278	)
Proceeds from disposition of assets		—			33			1,406			—			1,439
Net cash (used in) provided by investing activities		(669	)		(648	)		1,478			—			161
Cash flows from financing activities:
Repurchase of shares to satisfy employee tax withholdings		—			(424	)		—			—			(424	)
Repayments on the revolving credit facilities		—			(80,055	)		—			—			(80,055	)
Borrowings from the revolving credit facilities		—			163,268			—			—			163,268
Payments of principal on mortgage		—			—			(7,134	)		—			(7,134	)
Payments on capital lease obligations		—			(213	)		—			—			(213	)
Increase in bank overdrafts		—			12,591			—			—			12,591
Increase in restricted cash related to the mortgage		—			—			2,707			—			2,707
Debt financing costs		—			—			(1,433	)		—			(1,433	)
Net cash provided by (used in) financing activities		—			95,167			(5,860	)		—			89,307
Increase in cash		—			966			—			—			966
Balance, beginning of period		27			4,871			—			—			4,898
Balance, end of period	$	27		$	5,837		$	—		$	—		$	5,864

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