$BLDR
Builders FirstSource, Inc.

2022 Q1 Form 10-Q Financial Statement

#000156459022019150 Filed on May 10, 2022

View on sec.gov

Income Statement

Concept 2022 Q1 2021 Q1
Revenue $5.681B $4.174B
YoY Change 36.11% 133.56%
Cost Of Revenue $3.849B $3.104B
YoY Change 23.99% 134.88%
Gross Profit $1.832B $1.070B
YoY Change 71.31% 129.82%
Gross Profit Margin 32.25% 25.63%
Selling, General & Admin $968.6M $804.0M
YoY Change 20.47% 98.78%
% of Gross Profit 52.86% 75.17%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $111.9M $45.70M
YoY Change 144.96% 55.44%
% of Gross Profit 6.11% 4.27%
Operating Expenses $968.6M $804.0M
YoY Change 20.47% 98.78%
Operating Profit $863.8M $265.6M
YoY Change 225.23% 335.79%
Interest Expense -$41.31M -$31.80M
YoY Change 29.92% -38.76%
% of Operating Profit -4.78% -11.97%
Other Income/Expense, Net
YoY Change
Pretax Income $822.5M $216.1M
YoY Change 280.61% 2296.85%
Income Tax $182.9M $43.50M
% Of Pretax Income 22.23% 20.13%
Net Earnings $639.6M $172.6M
YoY Change 270.63% 1868.52%
Net Earnings / Revenue 11.26% 4.13%
Basic Earnings Per Share $3.61 $0.84
Diluted Earnings Per Share $3.56 $0.83
COMMON SHARES
Basic Shares Outstanding 177.1M 206.6M
Diluted Shares Outstanding 179.5M 208.6M

Balance Sheet

Concept 2022 Q1 2021 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $281.8M $19.10M
YoY Change 1375.4% -88.35%
Cash & Equivalents $281.8M $19.12M
Short-Term Investments
Other Short-Term Assets $155.8M $119.5M
YoY Change 30.45% 170.87%
Inventory $2.188B $1.586B
Prepaid Expenses
Receivables $2.531B $1.750B
Other Receivables $223.1M $96.84M
Total Short-Term Assets $5.380B $3.571B
YoY Change 50.67% 122.49%
LONG-TERM ASSETS
Property, Plant & Equipment $1.833B $1.298B
YoY Change 41.23% 27.64%
Goodwill $2.537B
YoY Change 226.38%
Intangibles $1.501B
YoY Change
Long-Term Investments
YoY Change
Other Assets $30.49M $30.48M
YoY Change 0.03% 0.6%
Total Long-Term Assets $6.671B $5.809B
YoY Change 14.85% 196.9%
TOTAL ASSETS
Total Short-Term Assets $5.380B $3.571B
Total Long-Term Assets $6.671B $5.809B
Total Assets $12.05B $9.380B
YoY Change 28.48% 163.37%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.563B $1.124B
YoY Change 39.11% 103.77%
Accrued Expenses $772.4M $628.9M
YoY Change 22.81% 153.29%
Deferred Revenue $249.5M
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $2.914M $14.10M
YoY Change -79.33% -37.33%
Total Short-Term Liabilities $2.683B $1.861B
YoY Change 44.16% 116.67%
LONG-TERM LIABILITIES
Long-Term Debt $3.392B $1.658B
YoY Change 104.55% 7.31%
Other Long-Term Liabilities $485.7M $129.1M
YoY Change 276.09% 131.68%
Total Long-Term Liabilities $3.877B $129.1M
YoY Change 2902.25% 131.68%
TOTAL LIABILITIES
Total Short-Term Liabilities $2.683B $1.861B
Total Long-Term Liabilities $3.877B $129.1M
Total Liabilities $6.915B $4.396B
YoY Change 57.32% 61.14%
SHAREHOLDERS EQUITY
Retained Earnings $735.0M
YoY Change 185.3%
Common Stock $4.249B
YoY Change 637.76%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $5.136B $4.984B
YoY Change
Total Liabilities & Shareholders Equity $12.05B $9.380B
YoY Change 28.48% 163.37%

Cashflow Statement

Concept 2022 Q1 2021 Q1
OPERATING ACTIVITIES
Net Income $639.6M $172.6M
YoY Change 270.63% 1868.52%
Depreciation, Depletion And Amortization $111.9M $45.70M
YoY Change 144.96% 55.44%
Cash From Operating Activities $179.8M -$200.5M
YoY Change -189.68% 295.84%
INVESTING ACTIVITIES
Capital Expenditures -$50.48M $39.26M
YoY Change -228.56% 37.77%
Acquisitions -$167.5M
YoY Change -1153.86%
Other Investing Activities $2.140M $170.7M
YoY Change -98.75% -1208.44%
Cash From Investing Activities -$48.34M $131.4M
YoY Change -136.78% -399.69%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $10.42M
YoY Change 171.73%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 107.7M -335.6M
YoY Change -132.1% -237.38%
NET CHANGE
Cash From Operating Activities 179.8M -200.5M
Cash From Investing Activities -48.34M 131.4M
Cash From Financing Activities 107.7M -335.6M
Net Change In Cash 239.2M -404.7M
YoY Change -159.11% -370.2%
FREE CASH FLOW
Cash From Operating Activities $179.8M -$200.5M
Capital Expenditures -$50.48M $39.26M
Free Cash Flow $230.3M -$239.8M
YoY Change -196.05% 202.92%

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