BCC FY 2020 Earnings Report — Boise Cascade Company Revenue & Financial Results | Market Cap Arena

Boise Cascade CompanyBCC

FY 2020 Earnings

Reported February 22, 2021

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2020	Prior Q	FY 2019	QoQ Change	YoY Change
Revenue	$5.5B	—	$4.6B	—	17.9%
Op. Income	$335M	—	$136M	—	145.5%
Gross Margin	17.1%	—	14.6%	—	2.6pp
Net Margin	3.2%	—	1.7%	—	1.5pp
EPS (Diluted)	$4.44	—	$2.06	—	115.5%
Free Cash Flow	$215M	—	$163M	—	32.0%

Revenue Flow

Item	Amount
REVENUE	$5.5B
Cost of Revenue	$4.5B
GROSS PROFIT	$939M
R&D Expenses	$0
Selling & Marketing	$428M
General & Administrative	$86M
SG&A Expenses	$514M
Other Expenses	$89M
Operating Expenses	$604M
Cost & Expenses	$5.1B
OPERATING INCOME	$335M
Interest Income	$999.0K
Interest Expense	$26M
Other Income/Expenses	-$49M
INCOME BEFORE TAX	$286M
Income Tax Expense	$111M
Net Income from Continuing Ops	$175M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$175M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$175M
D&A	$97M
EBIT	$313M
EBITDA	$410M
EPS	$4
EPS Diluted	$4

Income Statement

Item	Amount
REVENUE	$5.5B
Cost of Revenue	$4.5B
GROSS PROFIT	$939M
R&D Expenses	$0
Selling & Marketing	$428M
General & Administrative	$86M
SG&A Expenses	$514M
Other Expenses	$89M
Operating Expenses	$604M
Cost & Expenses	$5.1B
OPERATING INCOME	$335M
Interest Income	$999.0K
Interest Expense	$26M
Other Income/Expenses	-$49M
INCOME BEFORE TAX	$286M
Income Tax Expense	$111M
Net Income from Continuing Ops	$175M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$175M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$175M
D&A	$97M
EBIT	$313M
EBITDA	$410M
EPS	$4
EPS Diluted	$4

Cash Flow Statement

Item	Amount
Net Income	$175M
Depreciation & Amortization	$97M
Stock-Based Compensation	$8M
Deferred Income Tax	$27M
Other Non-Cash Items	$14M
Change in Working Capital	-$27M
OPERATING CASH FLOW	$295M
Capital Expenditure	-$79M
Acquisitions (Net)	$0
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	$713.0K
NET CASH FROM INVESTING	-$79M
Net Debt Issuance	-$6M
Common Stock Repurchased	$0
Common Dividends Paid	-$79M
Other Financing Activities	-$11M
NET CASH FROM FINANCING	-$96M
FREE CASH FLOW	$215M
Net Change in Cash	$120M

Balance Sheet

Item	Amount
Cash & Equivalents	$405M
Short-Term Investments	$0
Net Receivables	$391M
Inventory	$503M
Other Current Assets	$9M
TOTAL CURRENT ASSETS	$1.3B
PP&E (Net)	$553M
Goodwill	$60M
Intangible Assets	$17M
Long-Term Investments	$0
Tax Assets	$7M
Other Non-Current Assets	$19M
TOTAL NON-CURRENT ASSETS	$657M
TOTAL ASSETS	$2.0B
Account Payables	$309M
Short-Term Debt	$11M
Deferred Revenue	$0
Other Current Liabilities	$77M
TOTAL CURRENT LIABILITIES	$524M
Long-Term Debt	$444M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$18M
Other Non-Current Liabilities	$41M
TOTAL NON-CURRENT LIABILITIES	$591M
TOTAL LIABILITIES	$1.1B
Common Stock	$446.0K
Additional Paid-In Capital	$538M
Retained Earnings	$452M
Treasury Stock	-$139M
Accum. Other Comp. Income	-$1M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$851M
Minority Interest	$0
TOTAL EQUITY	$851M
TOTAL LIABILITIES & EQUITY	$2.0B
Total Debt	$543M
Net Debt	$138M