Universal Forest Products, Inc. (UFPI) financial statements (2020 and earlier)

Company profile

Business Address 2801 EAST BELTLINE NE
GRAND RAPIDS, MI 49525
State of Incorp. MI
Fiscal Year End December 31
SIC 2421 - Sawmills and Planing Mills, General (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments18742404494 (1)
Cash and cash equivalents16827283488 (1)
Short-term investments191511107  
Restricted cash and investments010010 
Receivables377358335294231208180
Inventory, net of allowances, customer advances and progress billings487556460397305340287
Inventory487556460397305340287
Prepaid expense and other current assets19
Income taxes receivable2
Costs in excess of billings   57
Other current assets423928211718 
Other undisclosed current assets     12
Total current assets:1,093995863756648573496
Noncurrent Assets
Operating lease, right-of-use asset80
Property, plant and equipment387355329298251248237
Intangible assets, net (including goodwill)285273255228199192167
Goodwill230224213199181183160
Intangible assets, net (excluding goodwill)564942291897
Restricted cash and investments16138    
Deferred costs  1111 
Deferred income tax assets3
Other noncurrent assets25979810 
Prepaid expense and other noncurrent assets12
Other undisclosed noncurrent assets 311104
Total noncurrent assets:796652601536459451421
TOTAL ASSETS:1,8891,6481,4651,2921,1081,024917
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities336283276249203192118
Accounts payable142137140125958973
Accrued liabilities524238322940 
Employee-related liabilities1421049892796245
Debt18282722111
Billings in excess of cost   53
Other undisclosed current liabilities     (22)17
Total current liabilities:354310303272204175139
Noncurrent Liabilities
Long-term debt and lease obligation226202145109859985
Long-term debt, excluding current maturities161202145109859985
Operating lease, liability65
Liabilities, other than long-term debt52474351525850
Pension and other postretirement defined benefit plans, liabilities4
Deferred compensation liability, classified     22
Asset retirement obligations     11
Deferred tax liabilities, net161421243127
Deferred income tax liabilities23
Liability, pension and other postretirement and postemployment benefits     5
Other liabilities29312930291917
Other undisclosed noncurrent liabilities     (8)(7)
Total noncurrent liabilities:278249187160137149128
Total liabilities:632559491432341324267
Stockholders' equity
Stockholders' equity attributable to parent1,2441,073959849753686641
Common stock61616120202020
Additional paid in capital192179162185172162156
Accumulated other comprehensive income (loss)(5)(6)0(6)(5)13
Retained earnings995840736649566502462
Receivable from shareholders or affiliates for issuance of capital stock     (0)(1)
Stockholders' equity attributable to noncontrolling interest1415151114149
Total stockholders' equity:1,2581,089974860766700650
TOTAL LIABILITIES AND EQUITY:1,8891,6481,4651,2921,1081,024917

Income statement (P&L) ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Revenues4,4924,5663,9413,2402,8872,6602,470
Revenue, net3,9413,2402,8872,6602,470
Cost of revenue(3,730)(3,896)(3,398)(2,766)(2,487)(2,335)(2,190)
Cost of goods and services sold   (2,766)(2,487)(2,335)(2,190)
Other undisclosed gross profit(76)(77)     
Gross profit:686593543475400325281
Operating expenses(439)(386)(361)(310)(264)(249)(224)
Other undisclosed operating income (loss)(2)   (0)2118
Operating income:2452071811641359774
Nonoperating expense(4)(9)(5)(4)(4)(2)(4)
Investment income, nonoperating2111021
Interest and debt expense(9)(9)(6)(5)(5)(4)(5)
Other undisclosed income from continuing operations before equity method investments, income taxes 9 5545
Income from continuing operations before equity method investments, income taxes:2321981701611319670
Income from equity method investments3 0  00
Other undisclosed income from continuing operations before income taxes6 6    
Income from continuing operations before income taxes:2411981761611319670
Income tax expense(58)(45)(52)(55)(46)(34)(24)
Income before gain (loss) on sale of properties:182152124105856246
Other undisclosed net loss     (0)(0)
Net income:182152124105856246
Net loss attributable to noncontrolling interest(3)(4)(5)(4)(5)(4)(3)
Net income attributable to parent:180149120101815843
Undistributed earnings (loss) allocated to participating securities, basic(4)(3)(2)
Net income available to common stockholders, basic:175145117101815843
Other undisclosed net loss available to common stockholders, diluted   (2)(1)(1)(0)
Net income available to common stockholders, diluted:175145117100805743

Comprehensive Income ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Net income:182152124105856246
Other comprehensive income (loss)2(5)6(3)(7)  
Other undisclosed comprehensive loss     (3)(1)
Comprehensive income:184147130103785845
Comprehensive income (loss), net of tax, attributable to noncontrolling interest(3)(4)(5)(3)(3)(3)3
Other undisclosed comprehensive loss, net of tax, attributable to parent      (5)
Comprehensive income, net of tax, attributable to parent:181143125100755542

Statements sources

The financial statements are based on the company's filings with the 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.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: