Foundation Building Materials, Inc. (FBM) Financial Statements (2024 and earlier)
Company Profile
Business Address |
2520 RED HILL AVE. SANTA ANA, CA 92705 |
State of Incorp. | |
Fiscal Year End | December 31 |
Industry (SIC) | 503 - Lumber And Other Construction Materials (benchmarking) |
More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in millions)
9/30/2020 MRQ | 12/31/2019 | 12/31/2018 | 12/31/2017 | |||
---|---|---|---|---|---|---|
ASSETS | ||||||
Current Assets | ||||||
Cash, cash equivalents, and short-term investments | 18 | 15 | 12 | |||
Cash and cash equivalents | 18 | 15 | 12 | |||
Receivables | 263 | 276 | 280 | |||
Inventory, net of allowances, customer advances and progress billings | 179 | 166 | 184 | |||
Inventory | 179 | 166 | 184 | |||
Other undisclosed current assets | 67 | 67 | 72 | |||
Total current assets: | 526 | 524 | 549 | |||
Noncurrent Assets | ||||||
Operating lease, right-of-use asset | 121 | ✕ | ✕ | |||
Property, plant and equipment | 150 | 152 | 151 | |||
Intangible assets, net (including goodwill) | 496 | 631 | 649 | |||
Goodwill | 496 | 485 | 459 | |||
Intangible assets, net (excluding goodwill) | 146 | 190 | ||||
Other noncurrent assets | 5 | 10 | 6 | |||
Other undisclosed noncurrent assets | 114 | |||||
Total noncurrent assets: | 886 | 793 | 806 | |||
TOTAL ASSETS: | 1,412 | 1,317 | 1,354 | |||
LIABILITIES AND EQUITY | ||||||
Liabilities | ||||||
Current Liabilities | ||||||
Accounts payable and accrued liabilities | 185 | 178 | 185 | |||
Taxes payable | 9 | 12 | 8 | |||
Employee-related liabilities | 31 | 29 | 21 | |||
Accounts payable | 145 | 138 | 156 | |||
Debt | 35 | 5 | ||||
Other liabilities | 19 | 20 | 41 | |||
Other undisclosed current liabilities | 28 | 17 | 16 | |||
Total current liabilities: | 267 | 220 | 242 | |||
Noncurrent Liabilities | ||||||
Long-term debt and lease obligation | 621 | 438 | 582 | |||
Long-term debt, excluding current maturities | 524 | 438 | 582 | |||
Finance lease, liability | 5 | ✕ | ✕ | |||
Liabilities, other than long-term debt | 27 | 8 | 31 | |||
Deferred tax liabilities, net | ✕ | ✕ | 18 | |||
Deferred income tax liabilities | 19 | ✕ | ✕ | |||
Other liabilities | 8 | 8 | 14 | |||
Operating lease, liability | 92 | ✕ | ✕ | |||
Other undisclosed noncurrent liabilities | 90 | 285 | 120 | |||
Total noncurrent liabilities: | 737 | 731 | 733 | |||
Total liabilities: | 1,004 | 950 | 976 | |||
Equity | ||||||
Equity, attributable to parent | 408 | 366 | 379 | |||
Common stock | 0 | 0 | 0 | |||
Additional paid in capital | 336 | 332 | 330 | |||
Accumulated other comprehensive income (loss) | (2) | (0) | 2 | |||
Retained earnings | 74 | 34 | 46 | |||
Total equity: | 408 | 366 | 379 | |||
TOTAL LIABILITIES AND EQUITY: | 1,412 | 1,317 | 1,354 |
Income Statement (P&L) ($ in millions)
9/30/2020 TTM | 12/31/2019 | 12/31/2018 | 12/31/2017 | ||
---|---|---|---|---|---|
Revenues | 2,155 | 2,044 | 2,061 | ||
Revenue, net | ✕ | ✕ | ✕ | 2,061 | |
Cost of revenue | (1,498) | (1,454) | (1,463) | ||
Cost of goods and services sold | (1,498) | (1,454) | (253) | ||
Gross profit: | 657 | 590 | 598 | ||
Operating expenses | (568) | (522) | (538) | ||
Operating income: | 88 | 68 | 59 | ||
Nonoperating income (Other Nonoperating income) | 0 | 1 | 82 | ||
Interest and debt expense | (34) | (112) | (61) | ||
Income (loss) from continuing operations before income taxes: | 55 | (42) | 80 | ||
Income tax expense (benefit) | (13) | 6 | 3 | ||
Income (loss) from continuing operations: | 42 | (36) | 82 | ||
Income (loss) before gain (loss) on sale of properties: | ✕ | 42 | (26) | 82 | |
Income from discontinued operations | 11 | ||||
Net income (loss): | 42 | (26) | 82 | ||
Other undisclosed net income (loss) attributable to parent | (2) | 14 | |||
Net income (loss) available to common stockholders, diluted: | 40 | (12) | 82 |
Comprehensive Income ($ in millions)
9/30/2020 TTM | 12/31/2019 | 12/31/2018 | 12/31/2017 | ||
---|---|---|---|---|---|
Net income (loss): | 42 | (26) | 82 | ||
Other comprehensive income (loss) | (2) | (2) | 2 | ||
Comprehensive income (loss): | 39 | (28) | 85 | ||
Other undisclosed comprehensive income (loss), net of tax, attributable to parent | (1) | 14 | |||
Comprehensive income (loss), net of tax, attributable to parent: | 38 | (15) | 85 |
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.