Huttig Building Products, Inc. (HBP) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
555 MARYVILLE UNIVERSITY DRIVE ST LOUIS, MO 63141 |
| State of Incorp. | DE |
| 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 thousands)
| 3/31/2022 MRQ | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 3,300 | 300 | 2,200 | 800 | 300 | 300 | |||
| Cash and cash equivalents | 3,300 | 300 | 2,200 | 800 | 300 | 300 | |||
| Receivables | 88,600 | 69,300 | 60,500 | 69,000 | 66,800 | 59,300 | |||
| Inventory, net of allowances, customer advances and progress billings | 128,800 | 105,700 | 139,400 | 134,000 | 111,900 | 81,000 | |||
| Inventory | 128,800 | 105,700 | 139,400 | 134,000 | 111,900 | 81,000 | |||
| Other current assets | 18,300 | 10,600 | 12,800 | 14,700 | 11,400 | 9,500 | |||
| Total current assets: | 239,000 | 185,900 | 214,900 | 218,500 | 190,400 | 150,100 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 38,100 | 33,900 | 40,900 | ✕ | ✕ | ✕ | |||
| Property, plant and equipment | 27,000 | 28,400 | 31,200 | 33,300 | 29,500 | 24,900 | |||
| Intangible assets, net (including goodwill) | 9,500 | 13,400 | 14,700 | 15,900 | |||||
| Goodwill | 9,500 | 9,500 | 9,500 | 9,500 | |||||
| Intangible assets, net (excluding goodwill) | 3,900 | 5,200 | 6,400 | ||||||
| Other noncurrent assets | 5,700 | 4,400 | 5,000 | 5,600 | 6,800 | 7,500 | |||
| Other undisclosed noncurrent assets | 7,200 | 4,500 | 3,900 | ||||||
| Total noncurrent assets: | 70,800 | 66,700 | 86,600 | 59,500 | 55,500 | 52,200 | |||
| TOTAL ASSETS: | 309,800 | 252,600 | 301,500 | 278,000 | 245,900 | 202,300 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 104,500 | 78,800 | 78,100 | 74,500 | 73,900 | 69,100 | |||
| Employee-related liabilities | 18,000 | 10,000 | 5,500 | 5,000 | 6,300 | 6,800 | |||
| Accounts payable | 66,400 | 53,100 | 56,800 | 51,500 | 51,000 | 47,200 | |||
| Accrued liabilities | 20,100 | 15,700 | 15,800 | 18,000 | 16,600 | 15,100 | |||
| Debt | 1,800 | 1,700 | 1,700 | 1,800 | 1,200 | 1,000 | |||
| Accrued environmental loss contingencies | 1,100 | ||||||||
| Self insurance reserve | 3,700 | ||||||||
| Other undisclosed current liabilities | 10,200 | 9,100 | 4,900 | ||||||
| Total current liabilities: | 116,500 | 89,600 | 89,500 | 76,300 | 75,100 | 70,100 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation, including: | 69,600 | 92,400 | 135,100 | 137,100 | 101,800 | 54,500 | |||
| Finance lease, liability | 2,200 | 1,900 | 2,800 | ✕ | ✕ | ✕ | |||
| Other undisclosed long-term debt and lease obligation | 39,500 | 65,600 | 100,700 | 137,100 | 101,800 | 54,500 | |||
| Liabilities, other than long-term debt | 2,700 | 2,400 | 2,400 | 2,600 | 2,500 | 7,200 | |||
| Other liabilities | 2,700 | 2,400 | 2,400 | 2,600 | 2,500 | 7,200 | |||
| Operating lease, liability | 27,900 | 24,900 | 31,600 | ✕ | ✕ | ✕ | |||
| Other undisclosed noncurrent liabilities | 27,900 | 24,900 | 31,600 | ||||||
| Total noncurrent liabilities: | 100,200 | 119,700 | 169,100 | 139,700 | 104,300 | 61,700 | |||
| Total liabilities: | 216,700 | 209,300 | 258,600 | 216,000 | 179,400 | 131,800 | |||
| Equity | |||||||||
| Equity, attributable to parent | 93,100 | 43,300 | 42,900 | 62,000 | 66,500 | 70,500 | |||
| Common stock | 300 | 300 | 300 | 300 | 300 | 300 | |||
| Additional paid in capital | 50,800 | 49,500 | 48,200 | 46,000 | 44,100 | 42,800 | |||
| Retained earnings (accumulated deficit) | 42,000 | (6,500) | (5,600) | 15,700 | 22,100 | 27,400 | |||
| Total equity: | 93,100 | 43,300 | 42,900 | 62,000 | 66,500 | 70,500 | |||
| TOTAL LIABILITIES AND EQUITY: | 309,800 | 252,600 | 301,500 | 278,000 | 245,900 | 202,300 | |||
Income Statement (P&L) ($ in thousands)
| 3/31/2022 TTM | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 937,800 | 792,300 | 812,000 | 839,600 | 753,200 | 713,900 | ||
| Revenue, net | ✕ | ✕ | ✕ | ✕ | ✕ | 753,200 | 713,900 | |
| Cost of revenue (Cost of Goods and Services Sold) | (729,800) | (632,900) | (650,000) | (673,100) | (597,400) | (562,700) | ||
| Gross profit: | 208,000 | 159,400 | 162,000 | 166,500 | 155,800 | 151,200 | ||
| Operating expenses | (155,800) | (145,600) | (165,600) | (167,500) | (155,700) | (128,500) | ||
| Other undisclosed operating income (loss) | 1,600 | (11,000) | 100 | |||||
| Operating income (loss): | 53,800 | 2,800 | (3,600) | (900) | 100 | 22,700 | ||
| Interest and debt expense | (2,500) | (3,600) | (6,600) | (6,500) | (3,100) | (2,200) | ||
| Income (loss) from continuing operations before income taxes: | 51,300 | (800) | (10,200) | (7,400) | (3,000) | 20,500 | ||
| Income tax expense (benefit) | (2,200) | (100) | (11,100) | 1,400 | (3,200) | (7,200) | ||
| Income (loss) from continuing operations: | 49,100 | (900) | (21,300) | (6,000) | (6,200) | 13,300 | ||
| Income (loss) before gain (loss) on sale of properties: | ✕ | 49,100 | (900) | (21,300) | (6,400) | (7,100) | 16,300 | |
| Income (loss) from discontinued operations | (400) | (900) | 3,000 | |||||
| Net income (loss): | 49,100 | (900) | (21,300) | (6,400) | (7,100) | 16,300 | ||
| Other undisclosed net loss attributable to parent | (600) | |||||||
| Net income (loss) available to common stockholders, diluted: | 48,500 | (900) | (21,300) | (6,400) | (7,100) | 16,300 | ||
Comprehensive Income ($ in thousands)
| 3/31/2022 TTM | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | 49,100 | (900) | (21,300) | (6,400) | (7,100) | 16,300 | ||
| Comprehensive income (loss), net of tax, attributable to parent: | 49,100 | (900) | (21,300) | (6,400) | (7,100) | 16,300 | ||
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.