Builders FirstSource Q1 2024 10-Q Filed
Ticker: BLDR · Form: 10-Q · Filed: 2024-05-07T00:00:00.000Z
Sentiment: neutral
Topics: 10-Q, financials, debt, stock-compensation
Related Tickers: BLDR
TL;DR
**BLDR Q1 10-Q is in!** Financials updated, check credit facility & stock grants.
AI Summary
Builders FirstSource, Inc. filed its 10-Q for the period ending March 31, 2024. The company reported on its financial position, including details on its revolving credit facility and senior notes. The filing also covers stock-based compensation grants and the status of its retained earnings and common stock.
Why It Matters
This filing provides investors with an update on Builders FirstSource's financial health and operational details for the first quarter of 2024, impacting investment decisions.
Risk Assessment
Risk Level: low — This is a routine quarterly filing providing standard financial disclosures.
Key Numbers
- N/A — Revenue (Specific revenue figures are not detailed in the provided header information.)
- N/A — Net Income (Specific net income figures are not detailed in the provided header information.)
- N/A — Debt (Details on specific debt amounts are not provided in the header, only mentions of credit facilities and notes.)
Key Players & Entities
- Builders FirstSource, Inc. (company) — Filer of the 10-Q
- March 31, 2024 (date) — End of reporting period
- 20240507 (date) — Filing date
- 0000950170-24-054249 (other) — Accession Number
FAQ
What is the status of Builders FirstSource's revolving credit facility as of March 31, 2024?
The filing indicates information related to the 'us-gaap:RevolvingCreditFacilityMember' as of March 31, 2024, and December 31, 2023.
What types of stock-based compensation grants are mentioned for the first quarter of 2024?
The filing mentions 'bldr:TimeBasedRestrictedStockUnitGrantsMember' and 'bldr:PerformanceMarketAndServiceConditionBasedRestrictedStockUnitGrantsMember' for the period of January 1, 2024, to March 31, 2024.
What is the maturity date mentioned for the 'Six Point Three Seven Five Percentage Senior Notes'?
The filing refers to 'bldr:SixPointThreeSevenFivePercentageSeniorNotesDueTwoThousandThirtyFourMember' as of March 31, 2024, indicating a maturity in 2034.
What is the company's fiscal year end?
The company's fiscal year ends on December 31.
What is the business address of Builders FirstSource, Inc.?
The business address is 6031 Connection Dr., Ste. 400, Irving, TX 75039.
From the Filing
0000950170-24-054249.txt : 20240507 0000950170-24-054249.hdr.sgml : 20240507 20240507132726 ACCESSION NUMBER: 0000950170-24-054249 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 64 CONFORMED PERIOD OF REPORT: 20240331 FILED AS OF DATE: 20240507 DATE AS OF CHANGE: 20240507 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Builders FirstSource, Inc. CENTRAL INDEX KEY: 0001316835 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-LUMBER & OTHER BUILDING MATERIALS DEALERS [5211] ORGANIZATION NAME: 07 Trade & Services IRS NUMBER: 522084569 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 001-40620 FILM NUMBER: 24920981 BUSINESS ADDRESS: STREET 1: 6031 CONNECTION DR., STE. 400 CITY: IRVING STATE: TX ZIP: 75039 BUSINESS PHONE: (214) 880-3500 MAIL ADDRESS: STREET 1: 6031 CONNECTION DR., STE. 400 CITY: IRVING STATE: TX ZIP: 75039 10-Q 1 bldr-20240331.htm 10-Q 10-Q Q1 0001316835 false --12-31 one year 0001316835 bldr:TimeBasedRestrictedStockUnitGrantsMember 2024-01-01 2024-03-31 0001316835 us-gaap:RevolvingCreditFacilityMember 2024-03-31 0001316835 us-gaap:RevolvingCreditFacilityMember 2023-12-31 0001316835 bldr:SixPointThreeSevenFivePercentageSeniorNotesDueTwoThousandThirtyFourMember 2024-03-31 0001316835 us-gaap:TradeNamesMember 2023-12-31 0001316835 bldr:PerformanceMarketAndServiceConditionBasedRestrictedStockUnitGrantsMember 2024-01-01 2024-03-31 0001316835 bldr:LumberAndLumberSheetGoodsMember 2024-01-01 2024-03-31 0001316835 us-gaap:DevelopedTechnologyRightsMember 2024-03-31 0001316835 us-gaap:RetainedEarningsMember 2023-12-31 0001316835 us-gaap:RetainedEarningsMember 2024-01-01 2024-03-31 0001316835 bldr:FinanceLeaseObligationMember 2024-03-31 0001316835 us-gaap:RetainedEarningsMember 2023-03-31 0001316835 us-gaap:CommonStockMember 2023-12-31 0001316835 2023-12-31 0001316835 bldr:CurrentYearAcquisitionsMember us-gaap:CustomerRelationshipsMember 2024-03-31 0001316835 bldr:TwoThousandFourteenIncentivePlanMember bldr:PerformanceMarketAndServiceConditionBasedRestrictedStockUnitGrantsMember srt:MinimumMember 2024-01-01 2024-03-31 0001316835 bldr:SixPointThreeSevenFivePercentageSeniorNotesDueTwoThousandThirtyFourMember 2023-12-31 0001316835 bldr:FourPointTwoFivePercentageSeniorNotesDueTwoThousandThirtyTwoMember 2023-12-31 0001316835 2024-03-31 0001316835 bldr:SixPointThreeSevenFivePercentageSeniorNotesDueTwoThousandThirtyFourMember 2024-01-01 2024-03-31 0001316835 bldr:QualityDoorAndHansonTrussMember 2024-03-31 0001316835 us-gaap:CustomerRelationshipsMember 2024-03-31 0001316835 us-gaap:AdditionalPaidInCapitalMember 2023-03-31 0001316835 2024-05-01 0001316835 2023-01-01 2023-03-31 0001316835 bldr:SixPointThreeSevenFivePercentageSeniorNotesDueTwoThousandThirtyTwoMember 2023-12-31 0001316835 2023-03-31 0001316835 us-gaap:TradeNamesMember 2024-03-31 0001316835 bldr:TwoThousandFourteenIncentivePlanMember srt:MaximumMember bldr:PerformanceMarketAndServiceConditionBasedRestrictedStockUnitGrantsMember 2024-01-01 2024-03-31 0001316835 bldr:TimeBasedRestrictedStockUnitGrantsMember srt:MinimumMember 2024-01-01 2024-03-31 0001316835 bldr:FourPointTwoFivePercentageSeniorNotesDueTwoThousandThirtyTwoMember us-gaap:FairValueInputsLevel2Member 2024-03-31 0001316835 us-gaap:CommonStockMember 2023-01-01 2023-03-31 0001316835 us-gaap:AdditionalPaidInCapitalMember 2024-03-31 0001316835 bldr:NoltexMember 2023-01-01 2023-03-31 0001316835 bldr:ManufacturedProductsMember 2024-01-01 2024-03-31 0001316835 bldr:TwoThousandFourteenIncentivePlanMember bldr:PerformanceMarketAndServiceConditionBasedRestrictedStockUnitGrantsMember 2024-01-01 2024-03-31 0001316835 us-gaap:CommonStockMember 2024-03-31 0001316835 bldr:ManufacturedProductsMember 2023-01-01 2023-03-31 0001316835 bldr:LumberAndLumberSheetGoodsMember 2023-01-01 2023-03-31 0001316835 us-gaap:DevelopedTechnologyRightsMember 2023-12-31 0001316835 us-gaap:AdditionalPaidInCapitalMember 2023-12-31 0001316835 bldr:DebtInstrumentRedemptionPeriodSixMember 2