2024 Q1 Form 10-Q Financial Statement
#000155837024007280 Filed on May 08, 2024
Income Statement
Concept | 2024 Q1 |
---|---|
Revenue | $1.639B |
YoY Change | -10.07% |
Cost Of Revenue | $1.313B |
YoY Change | -10.33% |
Gross Profit | $326.1M |
YoY Change | -9.0% |
Gross Profit Margin | 19.9% |
Selling, General & Admin | $192.1M |
YoY Change | -1.35% |
% of Gross Profit | 58.9% |
Research & Development | |
YoY Change | |
% of Gross Profit | |
Depreciation & Amortization | $35.90M |
YoY Change | 16.63% |
% of Gross Profit | 11.01% |
Operating Expenses | $192.3M |
YoY Change | -2.22% |
Operating Profit | $133.8M |
YoY Change | -17.24% |
Interest Expense | $3.136M |
YoY Change | |
% of Operating Profit | 2.34% |
Other Income/Expense, Net | $12.76M |
YoY Change | 349.24% |
Pretax Income | $146.6M |
YoY Change | -10.92% |
Income Tax | $25.49M |
% Of Pretax Income | 17.39% |
Net Earnings | $120.8M |
YoY Change | -4.19% |
Net Earnings / Revenue | 7.37% |
Basic Earnings Per Share | $1.96 |
Diluted Earnings Per Share | $1.96 |
COMMON SHARES | |
Basic Shares Outstanding | 61.62M |
Diluted Shares Outstanding | 59.26M |
Balance Sheet
Concept | 2024 Q1 |
---|---|
SHORT-TERM ASSETS | |
Cash & Short-Term Investments | $1.017B |
YoY Change | 120.63% |
Cash & Equivalents | $979.7M |
Short-Term Investments | $36.98M |
Other Short-Term Assets | $38.98M |
YoY Change | 6.94% |
Inventory | $745.3M |
Prepaid Expenses | |
Receivables | $713.4M |
Other Receivables | $0.00 |
Total Short-Term Assets | $2.514B |
YoY Change | 10.91% |
LONG-TERM ASSETS | |
Property, Plant & Equipment | $794.6M |
YoY Change | 13.48% |
Goodwill | $335.6M |
YoY Change | |
Intangibles | |
YoY Change | |
Long-Term Investments | |
YoY Change | |
Other Assets | $258.5M |
YoY Change | 6.6% |
Total Long-Term Assets | $1.564B |
YoY Change | 9.4% |
TOTAL ASSETS | |
Total Short-Term Assets | $2.514B |
Total Long-Term Assets | $1.564B |
Total Assets | $4.079B |
YoY Change | 10.33% |
SHORT-TERM LIABILITIES | |
YoY Change | |
Accounts Payable | $254.9M |
YoY Change | -8.31% |
Accrued Expenses | $226.1M |
YoY Change | -9.34% |
Deferred Revenue | $10.12M |
YoY Change | |
Short-Term Debt | $0.00 |
YoY Change | |
Long-Term Debt Due | $44.05M |
YoY Change | 1358.64% |
Total Short-Term Liabilities | $525.0M |
YoY Change | -1.01% |
LONG-TERM LIABILITIES | |
Long-Term Debt | $233.0M |
YoY Change | -15.26% |
Other Long-Term Liabilities | $204.5M |
YoY Change | 10.06% |
Total Long-Term Liabilities | $437.5M |
YoY Change | -5.05% |
TOTAL LIABILITIES | |
Total Short-Term Liabilities | $525.0M |
Total Long-Term Liabilities | $437.5M |
Total Liabilities | $962.5M |
YoY Change | -2.89% |
SHAREHOLDERS EQUITY | |
Retained Earnings | $2.664B |
YoY Change | |
Common Stock | $61.75M |
YoY Change | |
Preferred Stock | |
YoY Change | |
Treasury Stock (at cost) | |
YoY Change | |
Treasury Stock Shares | |
Shareholders Equity | $3.116B |
YoY Change | |
Total Liabilities & Shareholders Equity | $4.079B |
YoY Change | 10.33% |
Cashflow Statement
Concept | 2024 Q1 |
---|---|
OPERATING ACTIVITIES | |
Net Income | $120.8M |
YoY Change | -4.19% |
Depreciation, Depletion And Amortization | $35.90M |
YoY Change | 16.63% |
Cash From Operating Activities | -$16.80M |
YoY Change | -54.69% |
INVESTING ACTIVITIES | |
Capital Expenditures | $49.15M |
YoY Change | 28.77% |
Acquisitions | |
YoY Change | |
Other Investing Activities | -$6.914M |
YoY Change | 87.27% |
Cash From Investing Activities | -$56.06M |
YoY Change | 33.93% |
FINANCING ACTIVITIES | |
Cash Dividend Paid | $20.41M |
YoY Change | |
Common Stock Issuance & Retirement, Net | |
YoY Change | |
Debt Paid & Issued, Net | |
YoY Change | |
Cash From Financing Activities | -68.97M |
YoY Change | 16.17% |
NET CHANGE | |
Cash From Operating Activities | -16.80M |
Cash From Investing Activities | -56.06M |
Cash From Financing Activities | -68.97M |
Net Change In Cash | -141.8M |
YoY Change | 2.55% |
FREE CASH FLOW | |
Cash From Operating Activities | -$16.80M |
Capital Expenditures | $49.15M |
Free Cash Flow | -$65.95M |
YoY Change | -12.35% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
CY2024Q1 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
||
CY2023Q4 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
||
CY2023Q2 | us-gaap |
Preferred Stock Shares Issued
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|
0 | |
CY2023Q4 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | |
CY2024Q1 | us-gaap |
Preferred Stock Shares Issued
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|
0 | |
CY2023Q2 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
||
CY2024Q1 | us-gaap |
Common Stock Shares Outstanding
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|
61753899 | |
CY2023Q4 | us-gaap |
Common Stock Shares Outstanding
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61621004 | |
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CY2024Q1 | dei |
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2024 | |
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Q1 | |
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2024-03-30 | |
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UFP INDUSTRIES, INC. | |
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MI | |
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38-1465835 | |
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2801 East Beltline NE | |
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Grand Rapids | |
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MI | |
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49525 | |
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616 | |
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364-6161 | |
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Liabilities
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|
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PreferredStockSharesAuthorized
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PreferredStockSharesOutstanding
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PreferredStockSharesOutstanding
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PreferredStockSharesOutstanding
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CY2023Q2 | us-gaap |
Common Stock Par Or Stated Value Per Share
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|
1 | |
CY2023Q4 | us-gaap |
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Common Stock Shares Authorized
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CY2023Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
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160000000 | |
CY2024Q1 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
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160000000 | |
CY2024Q1 | us-gaap |
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CY2023Q4 | us-gaap |
Common Stock Shares Issued
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CY2024Q1 | us-gaap |
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CY2023Q4 | us-gaap |
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CY2023Q2 | us-gaap |
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|
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CY2024Q1 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
2664081000 | |
CY2023Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
2582332000 | |
CY2023Q2 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
2293025000 | |
CY2024Q1 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
-307000 | |
CY2023Q4 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
1106000 | |
CY2023Q2 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
-5074000 | |
CY2024Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
3087759000 | |
CY2023Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
2999761000 | |
CY2023Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
2675777000 | |
CY2024Q1 | us-gaap |
Minority Interest
MinorityInterest
|
28336000 | |
CY2023Q4 | us-gaap |
Minority Interest
MinorityInterest
|
30429000 | |
CY2023Q2 | us-gaap |
Minority Interest
MinorityInterest
|
29864000 | |
CY2024Q1 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
3116095000 | |
CY2023Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
3030190000 | |
CY2023Q2 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
2705641000 | |
CY2024Q1 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
4078639000 | |
CY2023Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
4017797000 | |
CY2023Q2 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
3696789000 | |
CY2024Q1 | us-gaap |
Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
|
1638966000 | |
CY2023Q2 | us-gaap |
Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
|
1822476000 | |
CY2024Q1 | us-gaap |
Cost Of Revenue
CostOfRevenue
|
1312888000 | |
CY2023Q2 | us-gaap |
Cost Of Revenue
CostOfRevenue
|
1464147000 | |
CY2024Q1 | us-gaap |
Gross Profit
GrossProfit
|
326078000 | |
CY2023Q2 | us-gaap |
Gross Profit
GrossProfit
|
358329000 | |
CY2024Q1 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
192059000 | |
CY2023Q2 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
194683000 | |
CY2024Q1 | us-gaap |
Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
|
-196000 | |
CY2023Q2 | us-gaap |
Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
|
-1938000 | |
CY2024Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
133823000 | |
CY2023Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
161708000 | |
CY2024Q1 | us-gaap |
Interest Expense
InterestExpense
|
3136000 | |
CY2023Q2 | us-gaap |
Interest Expense
InterestExpense
|
3118000 | |
CY2024Q1 | us-gaap |
Investment Income Net
InvestmentIncomeNet
|
16493000 | |
CY2023Q2 | us-gaap |
Investment Income Net
InvestmentIncomeNet
|
6547000 | |
CY2024Q1 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
-594000 | |
CY2023Q2 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
-588000 | |
CY2024Q1 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
12763000 | |
CY2023Q2 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
2841000 | |
CY2024Q1 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
146586000 | |
CY2023Q2 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
164549000 | |
CY2024Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
25487000 | |
CY2023Q2 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
38971000 | |
CY2024Q1 | us-gaap |
Profit Loss
ProfitLoss
|
121099000 | |
CY2023Q2 | us-gaap |
Profit Loss
ProfitLoss
|
125578000 | |
CY2024Q1 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
308000 | |
CY2023Q2 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
-491000 | |
CY2024Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
120791000 | |
CY2023Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
126069000 | |
CY2024Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
1.96 | |
CY2023Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
2.01 | |
CY2024Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
1.96 | |
CY2023Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
1.98 | |
CY2024Q1 | us-gaap |
Profit Loss
ProfitLoss
|
121099000 | |
CY2023Q2 | us-gaap |
Profit Loss
ProfitLoss
|
125578000 | |
CY2024Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-1130000 | |
CY2023Q2 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
6252000 | |
CY2024Q1 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
119969000 | |
CY2023Q2 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
131830000 | |
CY2024Q1 | us-gaap |
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
591000 | |
CY2023Q2 | us-gaap |
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
1760000 | |
CY2024Q1 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
119378000 | |
CY2023Q2 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
130070000 | |
CY2023Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
3030190000 | |
CY2023Q4 | us-gaap |
Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
|
20030000 | |
CY2024Q1 | us-gaap |
Net Income Loss Including Portion Attributable To Nonredeemable Noncontrolling Interest
NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest
|
121413000 | |
CY2024Q1 | us-gaap |
Temporary Equity Net Income
TemporaryEquityNetIncome
|
-314000 | |
CY2024Q1 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
-803000 | |
CY2024Q1 | us-gaap |
Temporary Equity Foreign Currency Translation Adjustments
TemporaryEquityForeignCurrencyTranslationAdjustments
|
-333000 | |
CY2024Q1 | us-gaap |
Debt Securities Unrealized Gain Loss
DebtSecuritiesUnrealizedGainLoss
|
6000 | |
CY2024Q1 | us-gaap |
Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
|
3331000 | |
CY2024Q1 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.33 | |
CY2024Q1 | us-gaap |
Dividends Cash
DividendsCash
|
20411000 | |
CY2024Q1 | us-gaap |
Stock Issued During Period Shares Employee Stock Ownership Plan
StockIssuedDuringPeriodSharesEmployeeStockOwnershipPlan
|
6251 | |
CY2024Q1 | us-gaap |
Stock Issued During Period Value Employee Stock Ownership Plan
StockIssuedDuringPeriodValueEmployeeStockOwnershipPlan
|
654000 | |
CY2024Q1 | us-gaap |
Stock Issued During Period Shares Share Based Compensation
StockIssuedDuringPeriodSharesShareBasedCompensation
|
369012 | |
CY2024Q1 | us-gaap |
Stock Granted During Period Value Sharebased Compensation
StockGrantedDuringPeriodValueSharebasedCompensation
|
6198000 | |
CY2024Q1 | ufpi |
Issuance Of Shares Under Deferred Compensation Plans
IssuanceOfSharesUnderDeferredCompensationPlans
|
76927 | |
CY2024Q1 | us-gaap |
Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
|
319295 | |
CY2024Q1 | us-gaap |
Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
|
36636000 | |
CY2024Q1 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
11194000 | |
CY2024Q1 | ufpi |
Adjustments To Additional Paid In Capital Deferred Compensation
AdjustmentsToAdditionalPaidInCapitalDeferredCompensation
|
7621000 | |
CY2024Q1 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
3116095000 | |
CY2024Q1 | us-gaap |
Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
|
19383000 | |
CY2022Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
2596823000 | |
CY2022Q4 | us-gaap |
Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
|
6880000 | |
CY2023Q2 | us-gaap |
Net Income Loss Including Portion Attributable To Nonredeemable Noncontrolling Interest
NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest
|
125756000 | |
CY2023Q2 | us-gaap |
Temporary Equity Net Income
TemporaryEquityNetIncome
|
-178000 | |
CY2023Q2 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
6045000 | |
CY2023Q2 | us-gaap |
Temporary Equity Foreign Currency Translation Adjustments
TemporaryEquityForeignCurrencyTranslationAdjustments
|
56000 | |
CY2023Q2 | us-gaap |
Debt Securities Unrealized Gain Loss
DebtSecuritiesUnrealizedGainLoss
|
151000 | |
CY2023Q2 | us-gaap |
Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
|
4859000 | |
CY2023Q2 | us-gaap |
Temporary Equity Other Changes
TemporaryEquityOtherChanges
|
43000 | |
CY2023Q2 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.25 | |
CY2023Q2 | us-gaap |
Dividends Cash
DividendsCash
|
15642000 | |
CY2023Q2 | us-gaap |
Stock Issued During Period Shares Employee Stock Ownership Plan
StockIssuedDuringPeriodSharesEmployeeStockOwnershipPlan
|
10140 | |
CY2023Q2 | us-gaap |
Stock Issued During Period Value Employee Stock Ownership Plan
StockIssuedDuringPeriodValueEmployeeStockOwnershipPlan
|
685000 | |
CY2023Q2 | us-gaap |
Stock Issued During Period Shares Share Based Compensation
StockIssuedDuringPeriodSharesShareBasedCompensation
|
824669 | |
CY2023Q2 | us-gaap |
Stock Granted During Period Value Sharebased Compensation
StockGrantedDuringPeriodValueSharebasedCompensation
|
15187000 | |
CY2023Q2 | ufpi |
Issuance Of Shares Under Deferred Compensation Plans
IssuanceOfSharesUnderDeferredCompensationPlans
|
93165 | |
CY2023Q2 | us-gaap |
Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
|
450597 | |
CY2023Q2 | us-gaap |
Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
|
35268000 | |
CY2023Q2 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
9598000 | |
CY2023Q2 | ufpi |
Adjustments To Additional Paid In Capital Deferred Compensation
AdjustmentsToAdditionalPaidInCapitalDeferredCompensation
|
7165000 | |
CY2023Q2 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
2705641000 | |
CY2023Q2 | us-gaap |
Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
|
6801000 | |
CY2024Q1 | us-gaap |
Profit Loss
ProfitLoss
|
121099000 | |
CY2023Q2 | us-gaap |
Profit Loss
ProfitLoss
|
125578000 | |
CY2024Q1 | us-gaap |
Depreciation
Depreciation
|
30019000 | |
CY2023Q2 | us-gaap |
Depreciation
Depreciation
|
25774000 | |
CY2024Q1 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
5882000 | |
CY2023Q2 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
5009000 | |
CY2024Q1 | ufpi |
Expense Associated With Share Based Compensation Arrangements Excluding Stock Grant Plans
ExpenseAssociatedWithShareBasedCompensationArrangementsExcludingStockGrantPlans
|
11277000 | |
CY2023Q2 | ufpi |
Expense Associated With Share Based Compensation Arrangements Excluding Stock Grant Plans
ExpenseAssociatedWithShareBasedCompensationArrangementsExcludingStockGrantPlans
|
9637000 | |
CY2024Q1 | us-gaap |
Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
|
119000 | |
CY2023Q2 | us-gaap |
Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
|
-242000 | |
CY2024Q1 | us-gaap |
Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
|
2130000 | |
CY2023Q2 | us-gaap |
Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
|
149000 | |
CY2024Q1 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
-594000 | |
CY2023Q2 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
-588000 | |
CY2024Q1 | us-gaap |
Gain Loss On Sales Of Assets And Asset Impairment Charges
GainLossOnSalesOfAssetsAndAssetImpairmentCharges
|
231000 | |
CY2023Q2 | us-gaap |
Gain Loss On Sales Of Assets And Asset Impairment Charges
GainLossOnSalesOfAssetsAndAssetImpairmentCharges
|
164000 | |
CY2024Q1 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
164613000 | |
CY2023Q2 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
191064000 | |
CY2024Q1 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
17788000 | |
CY2023Q2 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
-14674000 | |
CY2024Q1 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
52264000 | |
CY2023Q2 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
68388000 | |
CY2024Q1 | us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
-53290000 | |
CY2023Q2 | us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
-95105000 | |
CY2024Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-16798000 | |
CY2023Q2 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-37076000 | |
CY2024Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
49148000 | |
CY2023Q2 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
38166000 | |
CY2024Q1 | us-gaap |
Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
|
1344000 | |
CY2023Q2 | us-gaap |
Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
|
319000 | |
CY2024Q1 | us-gaap |
Payments To Acquire Investments
PaymentsToAcquireInvestments
|
9352000 | |
CY2023Q2 | us-gaap |
Payments To Acquire Investments
PaymentsToAcquireInvestments
|
11709000 | |
CY2024Q1 | us-gaap |
Proceeds From Sale And Maturity Of Available For Sale Securities
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
|
4300000 | |
CY2023Q2 | us-gaap |
Proceeds From Sale And Maturity Of Available For Sale Securities
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
|
8849000 | |
CY2024Q1 | us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
3206000 | |
CY2023Q2 | us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
1151000 | |
CY2024Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-56062000 | |
CY2023Q2 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-41858000 | |
CY2024Q1 | us-gaap |
Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
|
5100000 | |
CY2023Q2 | us-gaap |
Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
|
4437000 | |
CY2024Q1 | us-gaap |
Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
|
4278000 | |
CY2023Q2 | us-gaap |
Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
|
4518000 | |
CY2023Q2 | us-gaap |
Repayments Of Debt
RepaymentsOfDebt
|
29000 | |
CY2024Q1 | ufpi |
Repayment Of Debt On Behalf Of Investee
RepaymentOfDebtOnBehalfOfInvestee
|
6303000 | |
CY2024Q1 | us-gaap |
Payment For Contingent Consideration Liability Financing Activities
PaymentForContingentConsiderationLiabilityFinancingActivities
|
3779000 | |
CY2023Q2 | us-gaap |
Payment For Contingent Consideration Liability Financing Activities
PaymentForContingentConsiderationLiabilityFinancingActivities
|
6179000 | |
CY2024Q1 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
654000 | |
CY2023Q2 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
685000 | |
CY2024Q1 | us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
20411000 | |
CY2023Q2 | us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
15642000 | |
CY2024Q1 | us-gaap |
Payments To Minority Shareholders
PaymentsToMinorityShareholders
|
3331000 | |
CY2023Q2 | us-gaap |
Payments To Minority Shareholders
PaymentsToMinorityShareholders
|
4859000 | |
CY2024Q1 | us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
17838000 | |
CY2024Q1 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
18798000 | |
CY2023Q2 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
33288000 | |
CY2024Q1 | us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
16000 | |
CY2023Q2 | us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
25000 | |
CY2024Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-68968000 | |
CY2023Q2 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-59368000 | |
CY2024Q1 | us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
79000 | |
CY2023Q2 | us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
2739000 | |
CY2024Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-141749000 | |
CY2023Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-135563000 | |
CY2023Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
1122256000 | |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
559623000 | |
CY2024Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
980507000 | |
CY2023Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
424060000 | |
CY2023Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
1118329000 | |
CY2022Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
559397000 | |
CY2023Q4 | us-gaap |
Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
|
3927000 | |
CY2022Q4 | us-gaap |
Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
|
226000 | |
CY2023Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
1122256000 | |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
559623000 | |
CY2024Q1 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
979746000 | |
CY2023Q2 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
423299000 | |
CY2024Q1 | us-gaap |
Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
|
761000 | |
CY2023Q2 | us-gaap |
Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
|
761000 | |
CY2024Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
980507000 | |
CY2023Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
424060000 | |
CY2024Q1 | us-gaap |
Interest Paid Net
InterestPaidNet
|
3099000 | |
CY2023Q2 | us-gaap |
Interest Paid Net
InterestPaidNet
|
3309000 | |
CY2024Q1 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
1778000 | |
CY2023Q2 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
4138000 | |
CY2024Q1 | us-gaap |
Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
|
3351000 | |
CY2023Q2 | us-gaap |
Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
|
3122000 | |
CY2024Q1 | us-gaap |
Stock Issued1
StockIssued1
|
8616000 | |
CY2023Q2 | us-gaap |
Stock Issued1
StockIssued1
|
7950000 | |
CY2024Q1 | ufpi |
Number Of Markets In Which Entity Operates
NumberOfMarketsInWhichEntityOperates
|
3 | |
CY2024Q1 | us-gaap |
Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
|
1638966000 | |
CY2023Q2 | us-gaap |
Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
|
1822476000 | |
CY2024Q1 | ufpi |
Revenue Change In Revenue Percentage
RevenueChangeInRevenuePercentage
|
-0.101 | |
CY2024Q1 | us-gaap |
Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
|
6592000 | |
CY2023Q4 | us-gaap |
Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
|
3572000 | |
CY2023Q2 | us-gaap |
Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
|
5415000 | |
CY2024Q1 | us-gaap |
Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
|
10122000 | |
CY2023Q4 | us-gaap |
Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
|
9487000 | |
CY2023Q2 | us-gaap |
Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
|
10797000 | |
CY2024Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
120791000 | |
CY2023Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
126069000 | |
CY2024Q1 | us-gaap |
Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
|
4901000 | |
CY2023Q2 | us-gaap |
Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
|
5581000 | |
CY2024Q1 | us-gaap |
Undistributed Earnings
UndistributedEarnings
|
115890000 | |
CY2023Q2 | us-gaap |
Undistributed Earnings
UndistributedEarnings
|
120488000 | |
CY2024Q1 | us-gaap |
Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
|
61985000 | |
CY2023Q2 | us-gaap |
Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
|
62725000 | |
CY2024Q1 | us-gaap |
Weighted Average Number Of Shares Restricted Stock
WeightedAverageNumberOfSharesRestrictedStock
|
2809000 | |
CY2023Q2 | us-gaap |
Weighted Average Number Of Shares Restricted Stock
WeightedAverageNumberOfSharesRestrictedStock
|
2777000 | |
CY2024Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
59176000 | |
CY2023Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
59948000 | |
CY2024Q1 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
86000 | |
CY2023Q2 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
855000 | |
CY2024Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
59262000 | |
CY2023Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
60803000 | |
CY2024Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
1.96 | |
CY2023Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
2.01 | |
CY2024Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
1.96 | |
CY2023Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
1.98 | |
CY2024Q1 | us-gaap |
Long Term Purchase Commitment Amount
LongTermPurchaseCommitmentAmount
|
88700000 | |
CY2024Q1 | us-gaap |
Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
|
47800000 | |
CY2024Q1 | us-gaap |
Business Combination Pro Forma Information Revenue Of Acquiree Since Acquisition Date Actual
BusinessCombinationProFormaInformationRevenueOfAcquireeSinceAcquisitionDateActual
|
5700000 | |
CY2024Q1 | us-gaap |
Business Combination Pro Forma Information Earnings Or Loss Of Acquiree Since Acquisition Date Actual
BusinessCombinationProFormaInformationEarningsOrLossOfAcquireeSinceAcquisitionDateActual
|
500000 | |
CY2024Q1 | us-gaap |
Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
|
1638966000 | |
CY2024Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
133823000 | |
CY2023Q2 | us-gaap |
Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
|
1822476000 | |
CY2023Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
161708000 | |
CY2023Q4 | us-gaap |
Goodwill
Goodwill
|
336313000 | |
CY2024Q1 | us-gaap |
Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
|
-717000 | |
CY2024Q1 | us-gaap |
Goodwill
Goodwill
|
335596000 | |
CY2024Q1 | us-gaap |
Assets
Assets
|
4078639000 | |
CY2023Q4 | us-gaap |
Assets
Assets
|
4017797000 | |
CY2024Q1 | ufpi |
Percentage Change In Assets
PercentageChangeInAssets
|
0.015 | |
CY2024Q1 | us-gaap |
Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
|
1638966000 | |
CY2023Q2 | us-gaap |
Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
|
1822476000 | |
CY2024Q1 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.174 | |
CY2023Q2 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.237 | |
CY2024Q1 | us-gaap |
Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
|
319295 | |
CY2024Q1 | us-gaap |
Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
|
114.74 | |
CY2023Q2 | us-gaap |
Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
|
450597 | |
CY2023Q2 | us-gaap |
Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
|
78.27 | |
CY2024Q1 | us-gaap |
Inventory Write Down
InventoryWriteDown
|
0 | |
CY2023Q2 | us-gaap |
Inventory Write Down
InventoryWriteDown
|
700000 |