XML 69 R44.htm IDEA: XBRL DOCUMENT v2.4.0.8
Unaudited Supplemental Consolidating Financial Statements (Details 2) (USD $)
In Thousands, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 29, 2013
Jun. 30, 2012
Jun. 29, 2013
Jun. 30, 2012
Cash flows from operating activities:        
Net (loss) income $ (22,306) $ (3,706) $ (34,955) $ (14,725)
Adjustments to reconcile net (loss) income to cash provided by (used in) operating activities:        
Depreciation and amortization 2,229 2,187 4,402 4,447
Amortization of debt issuance costs     1,671 1,863
Write-off of debt issuance costs     119  
Gain from sale of properties     (230) (530)
Gain from property insurance settlement        (476)
Vacant property charges, net        (78)
Severance charges     4,331  
Payments on modification of lease agreement        (5,000)
Deferred income tax benefit        (24)
Share-based compensation expense 3,500 700 4,327 1,420
(Increase) decrease in restricted cash related to insurance and other     (85) 657
Other     855 5,585
Adjustments to reconcile net loss to net cash used in operations, total     (19,565) (6,861)
Changes in primary working capital components:        
Receivables     (75,529) (63,242)
Inventories     (88,378) (50,053)
Accounts payable     49,815 10,050
Net cash provided by (used in) operating activities     (133,657) (110,106)
Cash flows from investing activities:        
Property, plant and equipment investments     (2,965) (2,140)
Proceeds from disposition of assets     443 1,915
Net cash (used in) provided by investing activities     (2,522) (225)
Cash flows from financing activities:        
Excess tax benefits from share-based compensation arrangements     16  
Repurchase of shares to satisfy employee tax withholdings     (2,867) (424)
Repayments on the revolving credit facilities     (266,845) (201,403)
Borrowings from the revolving credit facilities     395,383 313,666
Payments of principal on mortgage     (4,176) (7,747)
Payments on capital lease obligations     (768) (414)
Increase in bank overdrafts     (14,451) 8,339
Increase in restricted cash related to the mortgage     (2,800)  
Debt issuance costs     (2,830) (1,433)
Proceeds from rights offering less expenses paid     38,715  
Net cash provided (used in) by financing activities     139,377 110,584
Increase in cash     3,198 253
Balance, beginning of period     5,188 4,898
Balance, end of period 8,386 5,151 8,386 5,151
Noncash transactions:        
Capital leases        32
BlueLinx Holdings Inc.
       
Cash flows from operating activities:        
Net (loss) income (22,306) (3,706) (34,955) (14,725)
Adjustments to reconcile net (loss) income to cash provided by (used in) operating activities:        
Share-based compensation expense     519 287
Other     828 (23)
Equity in earnings of subsidiaries     31,878 13,074
Intercompany receivable     (913) 2,246
Intercompany payable     4,182 1,594
Adjustments to reconcile net loss to net cash used in operations, total     1,539 2,453
Changes in primary working capital components:        
Accounts payable     279 3
Net cash provided by (used in) operating activities     1,818 2,456
Cash flows from investing activities:        
Investment in subsidiaries     (37,662) (2,456)
Net cash (used in) provided by investing activities     (37,662) (2,456)
Cash flows from financing activities:        
Repurchase of shares to satisfy employee tax withholdings     (2,867)  
Proceeds from rights offering less expenses paid     38,715  
Other         
Net cash provided (used in) by financing activities     35,848  
Increase in cash     4  
Balance, beginning of period     28 27
Balance, end of period 32 27 32 27
Noncash transactions:        
Capital leases         
BlueLinx Corporation and Subsidiaries
       
Cash flows from operating activities:        
Net (loss) income (22,688) (5,136) (36,473) (17,651)
Adjustments to reconcile net (loss) income to cash provided by (used in) operating activities:        
Depreciation and amortization 1,353 1,304 2,650 2,679
Amortization of debt issuance costs     1,010 1,863
Write-off of debt issuance costs     119  
Vacant property charges, net       (78)
Severance charges     4,331  
Payments on modification of lease agreement       (5,000)
Deferred income tax benefit       (24)
Share-based compensation expense     3,808 1,133
(Increase) decrease in restricted cash related to insurance and other     (85) 657
Other     1,093 5,462
Intercompany receivable     (4,182) (1,594)
Intercompany payable     913 (2,246)
Adjustments to reconcile net loss to net cash used in operations, total     (26,816) (14,799)
Changes in primary working capital components:        
Receivables     (75,529) (63,242)
Inventories     (88,378) (50,053)
Accounts payable     49,927 10,047
Net cash provided by (used in) operating activities     (140,796) (118,047)
Cash flows from investing activities:        
Investment in subsidiaries     36,122 680
Property, plant and equipment investments     (2,965) (2,140)
Proceeds from disposition of assets     328  
Net cash (used in) provided by investing activities     33,485 (1,460)
Cash flows from financing activities:        
Excess tax benefits from share-based compensation arrangements     16  
Repurchase of shares to satisfy employee tax withholdings       (424)
Repayments on the revolving credit facilities     (266,845) (201,403)
Borrowings from the revolving credit facilities     395,383 313,666
Payments on capital lease obligations     (768) (414)
Increase in bank overdrafts     (14,451) 8,339
Debt issuance costs     (2,830) (4)
Other         
Net cash provided (used in) by financing activities     110,505 119,760
Increase in cash     3,194 253
Balance, beginning of period     5,160 4,871
Balance, end of period 8,354 5,124 8,354 5,124
Noncash transactions:        
Capital leases        32
LLC Subsidiaries
       
Cash flows from operating activities:        
Net (loss) income 2,213 2,095 4,595 4,577
Adjustments to reconcile net (loss) income to cash provided by (used in) operating activities:        
Depreciation and amortization 876 883 1,752 1,768
Amortization of debt issuance costs     661  
Gain from sale of properties     (230) (530)
Gain from property insurance settlement       (476)
Other     (1,066) 146
Adjustments to reconcile net loss to net cash used in operations, total     5,712 5,485
Changes in primary working capital components:        
Accounts payable     (391)  
Net cash provided by (used in) operating activities     5,321 5,485
Cash flows from investing activities:        
Investment in subsidiaries     1,540 1,776
Proceeds from disposition of assets     115 1,915
Net cash (used in) provided by investing activities     1,655 3,691
Cash flows from financing activities:        
Payments of principal on mortgage     (4,176) (7,747)
Increase in restricted cash related to the mortgage     (2,800)  
Debt issuance costs       (1,429)
Other         
Net cash provided (used in) by financing activities     (6,976) (9,176)
Noncash transactions:        
Capital leases         
Eliminations
       
Cash flows from operating activities:        
Net (loss) income 20,475 3,041 31,878 13,074
Adjustments to reconcile net (loss) income to cash provided by (used in) operating activities:        
Equity in earnings of subsidiaries     (31,878) (13,074)
Intercompany receivable     5,095 (652)
Intercompany payable     (5,095) 652
Adjustments to reconcile net loss to net cash used in operations, total         
Changes in primary working capital components:        
Receivables         
Inventories         
Accounts payable         
Net cash provided by (used in) operating activities         
Cash flows from investing activities:        
Investment in subsidiaries         
Net cash (used in) provided by investing activities         
Cash flows from financing activities:        
Other         
Noncash transactions:        
Capital leases