BOISE CASCADE HOLDINGS, L.L.C.

CIK:0001317436|SEC Filings

Consolidated Statements of Income (Loss) (USD $) In Thousands, unless otherwise specified	3 Months Ended		9 Months Ended
	Sep. 30, 2012	Sep. 30, 2011	Sep. 30, 2012	Sep. 30, 2011
Sales
Trade	$ 759,330	$ 623,199	$ 2,069,804	$ 1,687,037
Related party	5,266	4,787	14,678	13,609
Total sales	764,596	627,986	2,084,482	1,700,646
Costs and expenses
Materials, labor, and other operating expenses	638,994	538,794	1,751,152	1,475,847
Materials, labor, and other operating expenses from related party	14,131	12,346	44,704	31,140
Depreciation and amortization	8,461	9,352	24,918	27,500
Selling and distribution expenses	62,572	55,346	176,854	153,332
General and administrative expenses	12,186	10,299	31,923	28,457
Other (income) expense, net	121	(298)	406	2,341
Total costs and expenses	736,465	625,839	2,029,957	1,718,617
Income (loss) from operations	28,131	2,147	54,525	(17,971)
Foreign exchange gain (loss)	228	(936)	125	(596)
Interest expense	(4,840)	(5,001)	(14,471)	(14,174)
Interest income	87	91	281	314
Total nonoperating income (expense)	(4,525)	(5,846)	(14,065)	(14,456)
Income (loss) before income taxes	23,606	(3,699)	40,460	(32,427)
Income tax provision	(104)	(12)	(243)	(146)
Net income (loss)	$ 23,502	$ (3,711)	$ 40,217	$ (32,573)

Consolidating Guarantor and Nonguarantor Financial Information Level 4 Consolidating Statements of Cash Flows (Details) (USD $) In Thousands, unless otherwise specified	9 Months Ended
	Sep. 30, 2012	Sep. 30, 2011
Cash provided by (used for) operations
Net income (loss)	$ 40,217	$ (32,573)
Items in net income (loss) not using (providing) cash
Equity in net (income) loss of affiliates	0	0
Depreciation and amortization, including deferred financing costs and other	26,732	29,118
Pension expense	9,398	8,933
Other	(500)	1,515
Decrease (increase) in working capital, net of acquisitions
Receivables	(53,308)	(45,700)
Inventories	(34,599)	(8,423)
Prepaid expenses and other	(1,973)	(1,221)
Accounts payable and accrued liabilities	82,333	27,598
Pension contributions	(8,181)	(10,274)
Other	4,752	(90)
Net cash provided by (used for) operations	64,871	(31,117)
Cash provided by (used for) investment
Expenditures for property and equipment	(17,682)	(25,299)
Acquisitions of businesses and facilities	(2,355)	(5,782)
Proceeds from sales of assets	171	3,053
Other	(3)	211
Net cash used for investment	(19,869)	(27,817)
Cash provided by (used for) financing
Distributions to members	(2,790)	0
Credit facility financing costs	(250)	(2,547)
Due to (from) affiliates	0	0
Net cash provided by (used for) financing	(3,040)	(2,547)
Net increase (decrease) in cash and cash equivalents	41,962	(61,481)
Balance at beginning of the period	182,459	264,606
Balance at end of the period	224,421	203,125
Boise Cascade Holdings, L.L.C. (Parent) [Member]
Cash provided by (used for) operations
Net income (loss)	40,217	(32,573)
Items in net income (loss) not using (providing) cash
Equity in net (income) loss of affiliates	(40,218)	32,572
Depreciation and amortization, including deferred financing costs and other	0	0
Pension expense	0	0
Other	0	0
Decrease (increase) in working capital, net of acquisitions
Receivables	0	0
Inventories	0	0
Prepaid expenses and other	0	0
Accounts payable and accrued liabilities	0	0
Pension contributions	0	0
Other	0	0
Net cash provided by (used for) operations	(1)	(1)
Cash provided by (used for) investment
Expenditures for property and equipment	0	0
Acquisitions of businesses and facilities	0	0
Proceeds from sales of assets	0	0
Other	0	0
Net cash used for investment	0	0
Cash provided by (used for) financing
Distributions to members	0
Credit facility financing costs	0	0
Due to (from) affiliates	0	0
Net cash provided by (used for) financing	0	0
Net increase (decrease) in cash and cash equivalents	(1)	(1)
Balance at beginning of the period	4	5
Balance at end of the period	3	4
Boise Cascade, L.L.C. [Member]
Cash provided by (used for) operations
Net income (loss)	40,218	(32,572)
Items in net income (loss) not using (providing) cash
Equity in net (income) loss of affiliates	(67,023)	7,087
Depreciation and amortization, including deferred financing costs and other	1,910	1,798
Pension expense	9,398	8,933
Other	(46)	535
Decrease (increase) in working capital, net of acquisitions
Receivables	952	37
Inventories	0	0
Prepaid expenses and other	(9)	121
Accounts payable and accrued liabilities	6,047	4,124
Pension contributions	(8,181)	(10,274)
Other	4,105	(368)
Net cash provided by (used for) operations	(12,629)	(20,579)
Cash provided by (used for) investment
Expenditures for property and equipment	(28)	(12)
Acquisitions of businesses and facilities	0	0
Proceeds from sales of assets	0	0
Other	(3)	(505)
Net cash used for investment	(31)	(517)
Cash provided by (used for) financing
Distributions to members	(2,790)
Credit facility financing costs	(250)	(2,547)
Due to (from) affiliates	57,655	(37,761)
Net cash provided by (used for) financing	54,615	(40,308)
Net increase (decrease) in cash and cash equivalents	41,955	(61,404)
Balance at beginning of the period	182,326	264,364
Balance at end of the period	224,281	202,960
Guarantor Subsidiaries [Member]
Cash provided by (used for) operations
Net income (loss)	69,986	(3,885)
Items in net income (loss) not using (providing) cash
Equity in net (income) loss of affiliates	0	0
Depreciation and amortization, including deferred financing costs and other	23,568	25,994
Pension expense	0	0
Other	(139)	511
Decrease (increase) in working capital, net of acquisitions
Receivables	(52,580)	(45,623)
Inventories	(33,703)	(8,661)
Prepaid expenses and other	(1,938)	(1,281)
Accounts payable and accrued liabilities	75,948	24,010
Pension contributions	0	0
Other	642	275
Net cash provided by (used for) operations	81,784	(8,660)
Cash provided by (used for) investment
Expenditures for property and equipment	(17,563)	(24,832)
Acquisitions of businesses and facilities	(2,355)	(5,782)
Proceeds from sales of assets	171	3,053
Other	1	872
Net cash used for investment	(19,746)	(26,689)
Cash provided by (used for) financing
Distributions to members	0
Credit facility financing costs	0	0
Due to (from) affiliates	(62,009)	35,453
Net cash provided by (used for) financing	(62,009)	35,453
Net increase (decrease) in cash and cash equivalents	29	104
Balance at beginning of the period	20	16
Balance at end of the period	49	120
Non-guarantor Subsidiaries [Member]
Cash provided by (used for) operations
Net income (loss)	(2,963)	(3,202)
Items in net income (loss) not using (providing) cash
Equity in net (income) loss of affiliates	0	0
Depreciation and amortization, including deferred financing costs and other	1,254	1,326
Pension expense	0	0
Other	(315)	469
Decrease (increase) in working capital, net of acquisitions
Receivables	(1,624)	(114)
Inventories	(896)	238
Prepaid expenses and other	(26)	(61)
Accounts payable and accrued liabilities	282	(536)
Pension contributions	0	0
Other	5	3
Net cash provided by (used for) operations	(4,283)	(1,877)
Cash provided by (used for) investment
Expenditures for property and equipment	(91)	(455)
Acquisitions of businesses and facilities	0	0
Proceeds from sales of assets	0	0
Other	(1)	(156)
Net cash used for investment	(92)	(611)
Cash provided by (used for) financing
Distributions to members	0
Credit facility financing costs	0	0
Due to (from) affiliates	4,354	2,308
Net cash provided by (used for) financing	4,354	2,308
Net increase (decrease) in cash and cash equivalents	(21)	(180)
Balance at beginning of the period	109	221
Balance at end of the period	88	41
Eliminations [Member]
Cash provided by (used for) operations
Net income (loss)	(107,241)	39,659
Items in net income (loss) not using (providing) cash
Equity in net (income) loss of affiliates	107,241	(39,659)
Depreciation and amortization, including deferred financing costs and other	0	0
Pension expense	0	0
Other	0	0
Decrease (increase) in working capital, net of acquisitions
Receivables	(56)	0
Inventories	0	0
Prepaid expenses and other	0	0
Accounts payable and accrued liabilities	56	0
Pension contributions	0	0
Other	0	0
Net cash provided by (used for) operations	0	0
Cash provided by (used for) investment
Expenditures for property and equipment	0	0
Acquisitions of businesses and facilities	0	0
Proceeds from sales of assets	0	0
Other	0	0
Net cash used for investment	0	0
Cash provided by (used for) financing
Distributions to members	0
Credit facility financing costs	0	0
Due to (from) affiliates	0	0
Net cash provided by (used for) financing	0	0
Net increase (decrease) in cash and cash equivalents	0	0
Balance at beginning of the period	0	0
Balance at end of the period	$ 0	$ 0

Consolidating Guarantor and Nonguarantor Financial Information Level 4 Consolidating Balance Sheets (Details) (USD $) In Thousands, unless otherwise specified	Sep. 30, 2012	Dec. 31, 2011	Sep. 30, 2011	Dec. 31, 2010
Current Assets
Cash and cash equivalents	$ 224,421	$ 182,459	$ 203,125	$ 264,606
Receivables
Trade, less allowances	172,498	118,901
Related parties	506	1,236
Intercompany		0
Other	4,687	3,796
Inventories	318,577	283,978
Prepaid expenses and other	8,457	4,864
Total current assets	729,146	595,234
Property and equipment, net	263,671	266,456
Timber deposits	6,338	8,327
Deferred financing costs	3,843	4,962
Goodwill	12,170	12,170
Intangible assets, net	8,900	8,900
Other assets	7,405	6,786
Investments in affiliates	0	0
Total assets	1,031,473	902,835
Current
Current portion of long-term debt	25,000	0
Accounts payable
Trade	165,753	116,758
Related parties	1,922	1,142
Intercompany		0
Accrued liabilities
Compensation and benefits	59,950	32,267
Interest payable	7,250	3,326
Other	31,616	24,486
Total current liabilities	291,491	177,979
Debt
Long-term debt, less current portion	194,560	219,560
Other
Compensation and benefits	196,589	200,248
Other long-term liabilities	14,105	13,676
Total other liabilities	210,694	213,924
Redeemable equity units
Series equity units	8,515	8,749
Commitments and contingent liabilities
Capital
Accumulated other comprehensive loss	(114,913)	(120,845)
Total capital	326,213	282,623
Total liabilities and capital	1,031,473	902,835
Series B Redeemable Equity Units
Redeemable equity units
Series equity units	2,426	2,522
Series C Redeemable Equity Units
Redeemable equity units
Series equity units	6,089	6,227
Redeemable equity units [Member]
Redeemable equity units
Series equity units	0	0
Series A Capital Equity Units
Capital
Series equity units	109,011	104,008
Series B Capital Equity Units
Capital
Series equity units	332,115	299,460
Series C Capital Equity Units
Capital
Series equity units	0	0
Subsidiary equity [Member]
Capital
Series equity units	0	0
Boise Cascade Holdings, L.L.C. (Parent) [Member]
Current Assets
Cash and cash equivalents	3	4	4	5
Receivables
Trade, less allowances	0	0
Related parties	0	0
Intercompany		0
Other	0	0
Inventories	0	0
Prepaid expenses and other	0	0
Total current assets	3	4
Property and equipment, net	0	0
Timber deposits	0	0
Deferred financing costs	0	0
Goodwill	0	0
Intangible assets, net	0	0
Other assets	0	0
Investments in affiliates	334,725	291,368
Total assets	334,728	291,372
Current
Current portion of long-term debt	0
Accounts payable
Trade	0	0
Related parties	0	0
Intercompany		0
Accrued liabilities
Compensation and benefits	0	0
Interest payable	0	0
Other	0	0
Total current liabilities	0	0
Debt
Long-term debt, less current portion	0	0
Other
Compensation and benefits	0	0
Other long-term liabilities	0	0
Total other liabilities	0	0
Redeemable equity units
Series equity units	8,515	8,749
Commitments and contingent liabilities
Capital
Accumulated other comprehensive loss	(114,913)	(120,845)
Total capital	326,213	282,623
Total liabilities and capital	334,728	291,372
Boise Cascade Holdings, L.L.C. (Parent) [Member] \| Series B Redeemable Equity Units
Redeemable equity units
Series equity units	2,426	2,522
Boise Cascade Holdings, L.L.C. (Parent) [Member] \| Series C Redeemable Equity Units
Redeemable equity units
Series equity units	6,089	6,227
Boise Cascade Holdings, L.L.C. (Parent) [Member] \| Redeemable equity units [Member]
Redeemable equity units
Series equity units	0	0
Boise Cascade Holdings, L.L.C. (Parent) [Member] \| Series A Capital Equity Units
Capital
Series equity units	109,011	104,008
Boise Cascade Holdings, L.L.C. (Parent) [Member] \| Series B Capital Equity Units
Capital
Series equity units	332,115	299,460
Boise Cascade Holdings, L.L.C. (Parent) [Member] \| Series C Capital Equity Units
Capital
Series equity units	0	0
Boise Cascade Holdings, L.L.C. (Parent) [Member] \| Subsidiary equity [Member]
Capital
Series equity units	0	0
Boise Cascade, L.L.C. [Member]
Current Assets
Cash and cash equivalents	224,281	182,326	202,960	264,364
Receivables
Trade, less allowances	2	0
Related parties	16	935
Intercompany		0
Other	(92)	(90)
Inventories	0	0
Prepaid expenses and other	2,465	843
Total current assets	226,672	184,014
Property and equipment, net	1,285	1,259
Timber deposits	0	0
Deferred financing costs	3,843	4,962
Goodwill	0	0
Intangible assets, net	0	0
Other assets	20	20
Investments in affiliates	567,293	557,925
Total assets	799,113	748,180
Current
Current portion of long-term debt	25,000
Accounts payable
Trade	8,907	8,633
Related parties	395	395
Intercompany		0
Accrued liabilities
Compensation and benefits	18,740	12,104
Interest payable	7,250	3,326
Other	2,622	2,470
Total current liabilities	62,914	26,928
Debt
Long-term debt, less current portion	194,560	219,560
Other
Compensation and benefits	196,589	200,248
Other long-term liabilities	10,325	10,076
Total other liabilities	206,914	210,324
Redeemable equity units
Series equity units	8,515	8,749
Commitments and contingent liabilities
Capital
Accumulated other comprehensive loss	(114,913)	(120,845)
Total capital	326,210	282,619
Total liabilities and capital	799,113	748,180
Boise Cascade, L.L.C. [Member] \| Series B Redeemable Equity Units
Redeemable equity units
Series equity units	0	0
Boise Cascade, L.L.C. [Member] \| Series C Redeemable Equity Units
Redeemable equity units
Series equity units	0	0
Boise Cascade, L.L.C. [Member] \| Redeemable equity units [Member]
Redeemable equity units
Series equity units	8,515	8,749
Boise Cascade, L.L.C. [Member] \| Series A Capital Equity Units
Capital
Series equity units	0	0
Boise Cascade, L.L.C. [Member] \| Series B Capital Equity Units
Capital
Series equity units	0	0
Boise Cascade, L.L.C. [Member] \| Series C Capital Equity Units
Capital
Series equity units	0	0
Boise Cascade, L.L.C. [Member] \| Subsidiary equity [Member]
Capital
Series equity units	441,123	403,464
Guarantor Subsidiaries [Member]
Current Assets
Cash and cash equivalents	49	20	120	16
Receivables
Trade, less allowances	169,942	118,267
Related parties	490	301
Intercompany		56
Other	4,433	3,661
Inventories	312,283	278,580
Prepaid expenses and other	5,918	3,972
Total current assets	493,115	404,857
Property and equipment, net	253,570	255,117
Timber deposits	6,338	8,327
Deferred financing costs	0	0
Goodwill	12,170	12,170
Intangible assets, net	8,900	8,900
Other assets	7,385	6,765
Investments in affiliates	0	0
Total assets	781,478	696,136
Current
Current portion of long-term debt	0
Accounts payable
Trade	155,793	107,336
Related parties	1,527	747
Intercompany		0
Accrued liabilities
Compensation and benefits	40,644	19,816
Interest payable	0	0
Other	28,165	21,045
Total current liabilities	226,129	148,944
Debt
Long-term debt, less current portion	0	0
Other
Compensation and benefits	0	0
Other long-term liabilities	3,780	3,600
Total other liabilities	3,780	3,600
Redeemable equity units
Series equity units	0	0
Commitments and contingent liabilities
Capital
Accumulated other comprehensive loss	0	0
Total capital	551,569	543,592
Total liabilities and capital	781,478	696,136
Guarantor Subsidiaries [Member] \| Series B Redeemable Equity Units
Redeemable equity units
Series equity units	0	0
Guarantor Subsidiaries [Member] \| Series C Redeemable Equity Units
Redeemable equity units
Series equity units	0	0
Guarantor Subsidiaries [Member] \| Redeemable equity units [Member]
Redeemable equity units
Series equity units	0	0
Guarantor Subsidiaries [Member] \| Series A Capital Equity Units
Capital
Series equity units	0	0
Guarantor Subsidiaries [Member] \| Series B Capital Equity Units
Capital
Series equity units	0	0
Guarantor Subsidiaries [Member] \| Series C Capital Equity Units
Capital
Series equity units	0	0
Guarantor Subsidiaries [Member] \| Subsidiary equity [Member]
Capital
Series equity units	551,569	543,592
Non-guarantor Subsidiaries [Member]
Current Assets
Cash and cash equivalents	88	109	41	221
Receivables
Trade, less allowances	2,554	634
Related parties	0	0
Intercompany		0
Other	346	225
Inventories	6,294	5,398
Prepaid expenses and other	74	49
Total current assets	9,356	6,415
Property and equipment, net	8,816	10,080
Timber deposits	0	0
Deferred financing costs	0	0
Goodwill	0	0
Intangible assets, net	0	0
Other assets	0	1
Investments in affiliates	0	0
Total assets	18,172	16,496
Current
Current portion of long-term debt	0
Accounts payable
Trade	1,053	789
Related parties	0	0
Intercompany		56
Accrued liabilities
Compensation and benefits	566	347
Interest payable	0	0
Other	829	971
Total current liabilities	2,448	2,163
Debt
Long-term debt, less current portion	0	0
Other
Compensation and benefits	0	0
Other long-term liabilities	0	0
Total other liabilities	0	0
Redeemable equity units
Series equity units	0	0
Commitments and contingent liabilities
Capital
Accumulated other comprehensive loss	0	0
Total capital	15,724	14,333
Total liabilities and capital	18,172	16,496
Non-guarantor Subsidiaries [Member] \| Series B Redeemable Equity Units
Redeemable equity units
Series equity units	0	0
Non-guarantor Subsidiaries [Member] \| Series C Redeemable Equity Units
Redeemable equity units
Series equity units	0	0
Non-guarantor Subsidiaries [Member] \| Redeemable equity units [Member]
Redeemable equity units
Series equity units	0	0
Non-guarantor Subsidiaries [Member] \| Series A Capital Equity Units
Capital
Series equity units	0	0
Non-guarantor Subsidiaries [Member] \| Series B Capital Equity Units
Capital
Series equity units	0	0
Non-guarantor Subsidiaries [Member] \| Series C Capital Equity Units
Capital
Series equity units	0	0
Non-guarantor Subsidiaries [Member] \| Subsidiary equity [Member]
Capital
Series equity units	15,724	14,333
Eliminations [Member]
Current Assets
Cash and cash equivalents	0	0	0	0
Receivables
Trade, less allowances	0	0
Related parties	0	0
Intercompany		(56)
Other	0	0
Inventories	0	0
Prepaid expenses and other	0	0
Total current assets	0	(56)
Property and equipment, net	0	0
Timber deposits	0	0
Deferred financing costs	0	0
Goodwill	0	0
Intangible assets, net	0	0
Other assets	0	0
Investments in affiliates	(902,018)	(849,293)
Total assets	(902,018)	(849,349)
Current
Current portion of long-term debt	0
Accounts payable
Trade	0	0
Related parties	0	0
Intercompany		(56)
Accrued liabilities
Compensation and benefits	0	0
Interest payable	0	0
Other	0	0
Total current liabilities	0	(56)
Debt
Long-term debt, less current portion	0	0
Other
Compensation and benefits	0	0
Other long-term liabilities	0	0
Total other liabilities	0	0
Redeemable equity units
Series equity units	(8,515)	(8,749)
Commitments and contingent liabilities
Capital
Accumulated other comprehensive loss	114,913	120,845
Total capital	(893,503)	(840,544)
Total liabilities and capital	(902,018)	(849,349)
Eliminations [Member] \| Series B Redeemable Equity Units
Redeemable equity units
Series equity units	0	0
Eliminations [Member] \| Series C Redeemable Equity Units
Redeemable equity units
Series equity units	0	0
Eliminations [Member] \| Redeemable equity units [Member]
Redeemable equity units
Series equity units	(8,515)	(8,749)
Eliminations [Member] \| Series A Capital Equity Units
Capital
Series equity units	0	0
Eliminations [Member] \| Series B Capital Equity Units
Capital
Series equity units	0	0
Eliminations [Member] \| Series C Capital Equity Units
Capital
Series equity units	0	0
Eliminations [Member] \| Subsidiary equity [Member]
Capital
Series equity units	$ (1,008,416)	$ (961,389)