2018 Q4 Form 10-K Financial Statement

#000155837020001462 Filed on February 26, 2020

View on sec.gov

Income Statement

Concept 2018 Q4 2018 Q3 2018 Q2
Revenue $988.2M $1.213B $1.294B
YoY Change 2.29% 13.08% 52.99%
Cost Of Revenue $850.5M $1.054B $1.129B
YoY Change 1.63% 14.06% 55.6%
Gross Profit $137.6M $158.7M $165.7M
YoY Change 6.53% 7.07% 37.27%
Gross Profit Margin 13.93% 13.08% 12.8%
Selling, General & Admin $91.90M $102.7M $104.6M
YoY Change 3.84% 8.91% 20.36%
% of Gross Profit 66.77% 64.73% 63.13%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $16.50M $16.00M $14.90M
YoY Change 18.71% 22.14% 19.2%
% of Gross Profit 11.99% 10.08% 8.99%
Operating Expenses $91.90M $102.7M $104.6M
YoY Change 3.72% 8.8% 20.36%
Operating Profit $45.74M $56.99M $60.62M
YoY Change 12.67% 5.93% 79.34%
Interest Expense -$4.300M $1.945M $2.248M
YoY Change 258.33% -229.67% -260.57%
% of Operating Profit -9.4% 3.41% 3.71%
Other Income/Expense, Net
YoY Change
Pretax Income $40.90M $55.26M $58.55M
YoY Change 1.49% 5.45% 80.71%
Income Tax $17.30M $13.19M $13.42M
% Of Pretax Income 42.3% 23.87% 22.92%
Net Earnings $30.50M $41.22M $44.04M
YoY Change -1.92% 22.68% 108.74%
Net Earnings / Revenue 3.09% 3.4% 3.4%
Basic Earnings Per Share $0.50 $0.67 $0.71
Diluted Earnings Per Share $0.50 $0.66 $0.71
COMMON SHARES
Basic Shares Outstanding 60.52M 60.46M
Diluted Shares Outstanding 60.61M 60.55M

Balance Sheet

Concept 2018 Q4 2018 Q3 2018 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $42.10M $42.10M $42.00M
YoY Change 6.31% 20.29% 13.82%
Cash & Equivalents $27.32M $26.33M $27.50M
Short-Term Investments $14.80M $15.80M $14.50M
Other Short-Term Assets $38.53M $29.58M $30.46M
YoY Change 34.7% 29.15% 41.04%
Inventory $556.2M $510.1M $531.9M
Prepaid Expenses
Receivables $343.5M $454.9M $489.1M
Other Receivables $14.10M $9.100M $2.400M
Total Short-Term Assets $995.3M $1.047B $1.113B
YoY Change 15.26% 16.98% 23.72%
LONG-TERM ASSETS
Property, Plant & Equipment $354.7M $346.3M $340.7M
YoY Change 7.95% 9.59% 9.94%
Goodwill $224.1M $218.6M $219.6M
YoY Change 5.4%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $8.662M $7.052M $7.081M
YoY Change -50.78% -60.16% -61.31%
Total Long-Term Assets $652.3M $630.3M $624.0M
YoY Change 8.5% 7.36% 7.88%
TOTAL ASSETS
Total Short-Term Assets $995.3M $1.047B $1.113B
Total Long-Term Assets $652.3M $630.3M $624.0M
Total Assets $1.648B $1.677B $1.737B
YoY Change 12.49% 13.17% 17.52%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $136.9M $175.9M $197.4M
YoY Change -2.28% 9.74% 26.54%
Accrued Expenses $142.5M $146.1M $134.2M
YoY Change 8.37% 20.25% 43.38%
Deferred Revenue $3.245M $4.955M $4.616M
YoY Change
Short-Term Debt $27.40M $31.10M $33.60M
YoY Change 5.79% 36.4% 55.56%
Long-Term Debt Due $148.0K $149.0K $542.0K
YoY Change -88.62% -93.79% -76.43%
Total Short-Term Liabilities $310.2M $358.3M $370.4M
YoY Change 2.3% 14.98% 33.32%
LONG-TERM LIABILITIES
Long-Term Debt $202.1M $186.5M $276.3M
YoY Change 39.69% -8.92% 9.24%
Other Long-Term Liabilities $30.88M $26.93M $28.40M
YoY Change 7.59% -7.14% 0.71%
Total Long-Term Liabilities $233.0M $213.5M $304.7M
YoY Change 34.38% -8.7% 8.39%
TOTAL LIABILITIES
Total Short-Term Liabilities $310.2M $358.3M $370.4M
Total Long-Term Liabilities $233.0M $213.5M $304.7M
Total Liabilities $558.9M $585.4M $688.9M
YoY Change 10.62% 0.89% 16.15%
SHAREHOLDERS EQUITY
Retained Earnings $839.9M $841.4M $800.2M
YoY Change
Common Stock $60.88M $61.66M $61.63M
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.073B $1.076B $1.033B
YoY Change
Total Liabilities & Shareholders Equity $1.648B $1.677B $1.737B
YoY Change 12.48% 13.17% 17.52%

Cashflow Statement

Concept 2018 Q4 2018 Q3 2018 Q2
OPERATING ACTIVITIES
Net Income $30.50M $41.22M $44.04M
YoY Change -1.92% 22.68% 108.74%
Depreciation, Depletion And Amortization $16.50M $16.00M $14.90M
YoY Change 18.71% 22.14% 19.2%
Cash From Operating Activities $56.60M $96.20M $48.10M
YoY Change 44.39% 11.99% -168.03%
INVESTING ACTIVITIES
Capital Expenditures -$21.40M -$20.20M -$29.90M
YoY Change 53.96% 12.22% 81.21%
Acquisitions
YoY Change
Other Investing Activities -$14.30M -$2.300M -$34.50M
YoY Change 521.74% -79.46% -36.23%
Cash From Investing Activities -$35.60M -$22.50M -$64.40M
YoY Change 118.4% -23.21% -8.78%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -19.40M -91.00M 3.200M
YoY Change 18.29% 35.42% -97.74%
NET CHANGE
Cash From Operating Activities 56.60M 96.20M 48.10M
Cash From Investing Activities -35.60M -22.50M -64.40M
Cash From Financing Activities -19.40M -91.00M 3.200M
Net Change In Cash 1.600M -17.30M -13.10M
YoY Change -75.38% 63.21% -3375.0%
FREE CASH FLOW
Cash From Operating Activities $56.60M $96.20M $48.10M
Capital Expenditures -$21.40M -$20.20M -$29.90M
Free Cash Flow $78.00M $116.4M $78.00M
YoY Change 46.89% 12.03% -243.91%

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<p style="font-family:'Times New Roman';font-size:10pt;font-weight:bold;text-indent:36pt;margin:0pt 0pt 12pt 0pt;">FISCAL YEAR</p><p style="font-family:'Times New Roman';font-size:10pt;text-align:justify;text-indent:36pt;margin:0pt 0pt 12pt 0pt;">Our fiscal year is a 52 or 53 week period, ending on the last Saturday of December. Unless otherwise stated, references to 2019, 2018, and 2017 relate to the fiscal years ended December 28, 2019, December 29, 2018, and December 30, 2017, respectively. Fiscal years 2019, 2018, and 2017 were comprised of 52 weeks. </p>
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61416000
CY2019Q4 us-gaap Other Inventory Materials Supplies And Merchandise Under Consignment
OtherInventoryMaterialsSuppliesAndMerchandiseUnderConsignment
20200000
CY2018Q4 us-gaap Other Inventory Materials Supplies And Merchandise Under Consignment
OtherInventoryMaterialsSuppliesAndMerchandiseUnderConsignment
16800000
CY2019 us-gaap Weighted Average Number Of Shares Restricted Stock
WeightedAverageNumberOfSharesRestrictedStock
1543000
CY2018 us-gaap Weighted Average Number Of Shares Restricted Stock
WeightedAverageNumberOfSharesRestrictedStock
1411000
CY2017 us-gaap Weighted Average Number Of Shares Restricted Stock
WeightedAverageNumberOfSharesRestrictedStock
1143000
CY2019 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
60106000
CY2018 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
60351000
CY2019Q4 ufpi Number Of Insurance Contracts With Third Party
NumberOfInsuranceContractsWithThirdParty
42
CY2019Q4 ufpi Reserve Associated With Contracts To Third Party
ReserveAssociatedWithContractsToThirdParty
5700000
CY2018Q4 ufpi Reserve Associated With Contracts To Third Party
ReserveAssociatedWithContractsToThirdParty
4900000
CY2019Q4 ufpi Number Of Markets In Which Entity Operates
NumberOfMarketsInWhichEntityOperates
3
CY2017 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
60273000
CY2019 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
24000
CY2019 ufpi Revenue From Contract With Customer Including Assessed Tax Gross
RevenueFromContractWithCustomerIncludingAssessedTaxGross
4492183000
CY2018 ufpi Revenue From Contract With Customer Including Assessed Tax Gross
RevenueFromContractWithCustomerIncludingAssessedTaxGross
4565749000
CY2019 ufpi Revenue Change In Revenue Percentage
RevenueChangeInRevenuePercentage
-0.016
CY2019 ufpi Sales Allowances
SalesAllowances
76174000
CY2018 ufpi Sales Allowances
SalesAllowances
76569000
CY2019 ufpi Sales Allowances Change Percentage Period Over Period
SalesAllowancesChangePercentagePeriodOverPeriod
-0.005
CY2019 ufpi Revenue From Contract With Customer Including Assessed Tax Net
RevenueFromContractWithCustomerIncludingAssessedTaxNet
4416009000
CY2018 ufpi Revenue From Contract With Customer Including Assessed Tax Net
RevenueFromContractWithCustomerIncludingAssessedTaxNet
4489180000
CY2019 ufpi Net Revenue Change Percentage Period Over Period
NetRevenueChangePercentagePeriodOverPeriod
-0.016
CY2019Q4 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
4690000
CY2018Q4 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
6945000
CY2019Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
6622000
CY2018 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
82000
CY2017 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
90000
CY2019 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
60130000
CY2018 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
60433000
CY2017 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
60363000
CY2019 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.91
CY2017Q4 us-gaap Goodwill
Goodwill
212644000
CY2018 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
13288000
CY2018 us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
-1815000
CY2018Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
3245000
CY2017Q4 us-gaap Stockholders Equity Note Stock Split Conversion Ratio1
StockholdersEquityNoteStockSplitConversionRatio1
3
CY2019 us-gaap Net Income Loss
NetIncomeLoss
179650000
CY2018 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
3396000
CY2017 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
2225000
CY2019 us-gaap Undistributed Earnings Diluted
UndistributedEarningsDiluted
175154000
CY2018 us-gaap Undistributed Earnings Diluted
UndistributedEarningsDiluted
145202000
CY2017 us-gaap Undistributed Earnings Diluted
UndistributedEarningsDiluted
117287000
CY2019 us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
61649000
CY2018 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.41
CY2017 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.95
CY2019 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.91
CY2018 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.40
CY2017 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.94
CY2019 us-gaap Use Of Estimates
UseOfEstimates
<p style="font-family:'Times New Roman';font-size:10pt;font-weight:bold;text-indent:36pt;margin:0pt 0pt 12pt 0pt;">USE OF ACCOUNTING ESTIMATES</p><p style="font-family:'Times New Roman';font-size:10pt;text-align:justify;text-indent:36pt;margin:0pt 0pt 12pt 0pt;">The preparation of financial statements in conformity with accounting principles generally accepted in the United States requires us to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements as well as the reported amounts of revenues and expenses during the reporting period. We believe our estimates to be reasonable; however, actual results could differ from these estimates.</p>
CY2019 us-gaap Business Combination Pro Forma Information Revenue Of Acquiree Since Acquisition Date Actual
BusinessCombinationProFormaInformationRevenueOfAcquireeSinceAcquisitionDateActual
70300000
CY2019 us-gaap Business Combination Pro Forma Information Earnings Or Loss Of Acquiree Since Acquisition Date Actual
BusinessCombinationProFormaInformationEarningsOrLossOfAcquireeSinceAcquisitionDateActual
4100000
CY2017 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
4900000
CY2019Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
6095000
CY2018Q4 us-gaap Goodwill
Goodwill
224117000
CY2019 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
5219000
CY2019 us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
200000
CY2019Q4 us-gaap Goodwill
Goodwill
229536000
CY2018Q4 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
7400000
CY2019Q4 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
7400000
CY2019Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
66645000
CY2019Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
18332000
CY2019Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
48313000
CY2018Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
58799000
CY2018Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
17313000
CY2018Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
41486000
CY2019 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
6300000
CY2018 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
6400000
CY2019Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
5572000
CY2019Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
5243000
CY2019Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
4497000
CY2019Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
3772000
CY2019Q4 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
23134000
CY2019Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
48313000
CY2019Q4 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
37300000
CY2018Q4 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
30300000
CY2019Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
163850000
CY2018Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
202501000
CY2019Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
2816000
CY2018Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
148000
CY2019Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
167000
CY2018Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
223000
CY2019Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
160867000
CY2018Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
202130000
CY2019Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
2816000
CY2019Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
58000
CY2019Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
38700000
CY2019Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
3976000
CY2019Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
40000000
CY2019Q4 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
78300000
CY2019Q4 us-gaap Long Term Debt
LongTermDebt
163850000
CY2019Q4 us-gaap Debt Instrument Fair Value
DebtInstrumentFairValue
170800000
CY2019 us-gaap Fair Value Liabilities Measured On Recurring Basis Debt Instrument Valuation Techniques Change In Technique Quantification Of Effect
FairValueLiabilitiesMeasuredOnRecurringBasisDebtInstrumentValuationTechniquesChangeInTechniqueQuantificationOfEffect
7000000.0
CY2019 us-gaap Operating Lease Cost
OperatingLeaseCost
20771000
CY2019 us-gaap Short Term Lease Cost
ShortTermLeaseCost
110000
CY2019 us-gaap Variable Lease Cost
VariableLeaseCost
1484000
CY2019 us-gaap Sublease Income
SubleaseIncome
676000
CY2019 us-gaap Lease Cost
LeaseCost
21689000
CY2019 us-gaap Operating Lease Payments
OperatingLeasePayments
20000000
CY2019 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
33400000
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Rolling Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextRollingTwelveMonths
17633000
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
15074000
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
12624000
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
10434000
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
7848000
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
29115000
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
92728000
CY2019Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
12561000
CY2019Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
80167000
CY2019 us-gaap Operating Lease Expense
OperatingLeaseExpense
29900000
CY2018 us-gaap Operating Lease Expense
OperatingLeaseExpense
28100000
CY2017 us-gaap Operating Lease Expense
OperatingLeaseExpense
24200000
CY2019Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0310
CY2019Q4 ufpi Number Of Participants Deferred Settlement
NumberOfParticipantsDeferredSettlement
2
CY2019 ufpi Period Of Time For Deferred Settlement
PeriodOfTimeForDeferredSettlement
P5Y
CY2019Q4 us-gaap Deferred Compensation Cashbased Arrangements Liability Classified Noncurrent
DeferredCompensationCashbasedArrangementsLiabilityClassifiedNoncurrent
300000
CY2019 us-gaap Payments To Acquire Life Insurance Policies
PaymentsToAcquireLifeInsurancePolicies
15300000
CY2019Q4 us-gaap Life Settlement Contracts Investment Method Face Value
LifeSettlementContractsInvestmentMethodFaceValue
16600000
CY2019Q4 us-gaap Other Deferred Compensation Arrangements Liability Classified Noncurrent
OtherDeferredCompensationArrangementsLiabilityClassifiedNoncurrent
33100000
CY2018Q4 us-gaap Other Deferred Compensation Arrangements Liability Classified Noncurrent
OtherDeferredCompensationArrangementsLiabilityClassifiedNoncurrent
27800000
CY2017Q4 us-gaap Stockholders Equity Note Stock Split Conversion Ratio1
StockholdersEquityNoteStockSplitConversionRatio1
3
CY2017 ufpi Stockholders Equity Note Stock Split Additional Shares
StockholdersEquityNoteStockSplitAdditionalShares
2
CY2019 us-gaap Stock Issued During Period Shares Share Based Compensation
StockIssuedDuringPeriodSharesShareBasedCompensation
525000
CY2019Q4 us-gaap Shares Issued Price Per Share
SharesIssuedPricePerShare
32.35
CY2018 us-gaap Stock Issued During Period Shares Share Based Compensation Forfeited
StockIssuedDuringPeriodSharesShareBasedCompensationForfeited
14000
CY2018 us-gaap Stock Issued During Period Shares Share Based Compensation
StockIssuedDuringPeriodSharesShareBasedCompensation
553000
CY2018Q4 us-gaap Shares Issued Price Per Share
SharesIssuedPricePerShare
31.78
CY2016Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
791532
CY2016Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
19.32
CY2016Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Share Based Awards Other Than Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedShareBasedAwardsOtherThanOptions
4800000
CY2016 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P1Y6M3D
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
388248
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
32.03
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
141111
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue
12.71
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod
5043
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeitures Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue
30.14
CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
1033626
CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
24.24
CY2017Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Share Based Awards Other Than Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedShareBasedAwardsOtherThanOptions
7100000
CY2017 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P1Y3M21D
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
247068
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
36.52
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
107865
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue
18.11
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod
12750
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeitures Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue
24.19
CY2018Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
1160079
CY2018Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
23.32
CY2018Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Share Based Awards Other Than Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedShareBasedAwardsOtherThanOptions
7600000
CY2018 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P1Y1M13D
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
318496
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
32.60
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
224894
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue
23.42
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod
50786
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeitures Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue
24.18
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
1202895
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
29.68
CY2019Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Share Based Awards Other Than Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedShareBasedAwardsOtherThanOptions
7900000
CY2019 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P0Y10M9D
CY2019 us-gaap Share Based Compensation
ShareBasedCompensation
4000000.0
CY2018 us-gaap Share Based Compensation
ShareBasedCompensation
3600000
CY2017 us-gaap Share Based Compensation
ShareBasedCompensation
3600000
CY2019 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
800000
CY2018 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
700000
CY2017 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
1000000.0
CY2019 us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
1100000
CY2018 us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
1000000.0
CY2017 us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
700000
CY2001Q4 us-gaap Stock Repurchase Program Number Of Shares Authorized To Be Repurchased
StockRepurchaseProgramNumberOfSharesAuthorizedToBeRepurchased
2500000
CY2010Q4 us-gaap Stock Repurchase Program Number Of Shares Authorized To Be Repurchased
StockRepurchaseProgramNumberOfSharesAuthorizedToBeRepurchased
2000000
CY2018 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
860669
CY2018Q4 us-gaap Stock Repurchase Program Remaining Number Of Shares Authorized To Be Repurchased
StockRepurchaseProgramRemainingNumberOfSharesAuthorizedToBeRepurchased
1900000
CY2017 us-gaap Defined Contribution Plan Employer Matching Contribution Percent
DefinedContributionPlanEmployerMatchingContributionPercent
0.25
CY2018 us-gaap Defined Contribution Plan Employer Matching Contribution Percent
DefinedContributionPlanEmployerMatchingContributionPercent
0.25
CY2019 us-gaap Defined Contribution Plan Employer Matching Contribution Percent
DefinedContributionPlanEmployerMatchingContributionPercent
0.25
CY2019 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
6500000
CY2018 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
3400000
CY2017 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
4800000
CY2019 ufpi Defined Contribution Plan Costs Performance Goals
DefinedContributionPlanCostsPerformanceGoals
2600000
CY2017 ufpi Defined Contribution Plan Costs Performance Goals
DefinedContributionPlanCostsPerformanceGoals
1900000
CY2019 us-gaap Defined Contribution Plan Maximum Annual Contributions Per Employee Percent
DefinedContributionPlanMaximumAnnualContributionsPerEmployeePercent
0.06
CY2019 ufpi Number Of Years Of Service With Company
NumberOfYearsOfServiceWithCompany
P20Y
CY2019 ufpi Number Of Years Of Service With Company As Officer
NumberOfYearsOfServiceWithCompanyAsOfficer
P10Y
CY2019 ufpi Percentage Of Officer S Highest Base Salary
PercentageOfOfficerSHighestBaseSalary
1.50
CY2019 ufpi Years Preceding Separation From Service
YearsPrecedingSeparationFromService
P3Y
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
20142000
CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
17592000
CY2017 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
24612000
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
240674000
CY2019 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
7098000
CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
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