Balance Sheet: Liabilities and Stockholders’ Equity
Quarterly Data

The balance sheet provides creditors, investors, and analysts with information on company resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company assets as well as an indication of cash flows that may come from receivables and inventories.

Liabilities represents obligations of a company arising from past events, the settlement of which is expected to result in an outflow of economic benefits from the entity.

Builders FirstSource Inc., consolidated balance sheet: liabilities and stockholders’ equity (quarterly data)

US$ in thousands

	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019	Dec 31, 2018	Sep 30, 2018	Jun 30, 2018	Mar 31, 2018
Checks outstanding	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	13,531)	19,849)	30,996)
Accounts payable	1,032,093)	1,061,965)	938,938)	803,479)	1,087,994)	1,265,461)	1,563,334)	1,093,370)	1,004,521)	1,318,446)	1,123,804)	600,357)	651,332)	554,394)	551,548)	436,823)	499,360)	516,897)	471,338)	423,168)	487,775)	562,549)	488,178)
Accrued liabilities	711,905)	599,623)	593,422)	739,009)	850,758)	904,934)	772,373)	718,904)	930,189)	831,852)	628,924)	385,536)	342,059)	292,851)	223,319)	308,950)	289,735)	258,096)	189,237)	292,526)	255,836)	250,381)	187,804)
Contract liabilities	180,576)	190,262)	194,195)	193,178)	250,166)	259,029)	249,478)	216,097)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)
Current portion of operating lease liabilities	98,211)	99,692)	100,946)	100,758)	100,972)	96,504)	94,968)	96,680)	94,651)	91,134)	94,316)	61,625)	61,953)	61,887)	61,628)	61,653)	60,280)	60,576)	60,291)	—)	—)	—)	—)
Current maturities of long-term debt	3,897)	4,314)	4,430)	6,355)	3,837)	2,885)	2,914)	3,660)	3,819)	11,316)	14,134)	27,335)	29,527)	23,974)	22,518)	13,875)	14,370)	12,650)	17,045)	15,565)	14,620)	13,971)	12,413)
Current liabilities	2,026,682)	1,955,856)	1,831,931)	1,842,779)	2,293,727)	2,528,813)	2,683,067)	2,128,711)	2,033,180)	2,252,748)	1,861,178)	1,074,853)	1,084,871)	933,106)	859,013)	821,301)	863,745)	848,219)	737,911)	731,259)	771,762)	846,750)	719,391)
Noncurrent portion of operating lease liabilities	416,864)	409,231)	403,812)	404,463)	414,911)	401,995)	366,524)	375,289)	360,271)	347,823)	356,549)	219,239)	222,132)	230,634)	230,355)	236,948)	232,475)	218,001)	213,841)	—)	—)	—)	—)
Long-term debt, net of current maturities, discounts and issuance costs	3,395,349)	3,670,400)	3,194,428)	2,977,842)	3,169,429)	3,552,362)	3,391,629)	2,926,122)	2,419,664)	2,043,817)	1,658,109)	1,596,905)	1,574,146)	1,577,884)	1,545,211)	1,277,398)	1,350,467)	1,420,462)	1,562,085)	1,545,729)	1,826,962)	1,954,243)	1,928,410)
Deferred income taxes	196,972)	231,758)	248,191)	269,660)	304,939)	339,494)	354,723)	362,121)	330,998)	362,061)	390,577)	49,495)	37,360)	38,169)	37,496)	36,645)	18,836)	5,967)	—)	—)	—)	—)	—)
Other long-term liabilities	120,205)	123,807)	141,322)	137,850)	130,089)	126,885)	119,195)	119,619)	141,609)	137,190)	129,148)	80,396)	88,560)	68,951)	55,745)	52,245)	53,235)	53,191)	53,157)	58,983)	56,546)	60,388)	60,915)
Long-term liabilities	4,129,390)	4,435,196)	3,987,753)	3,789,815)	4,019,368)	4,420,736)	4,232,071)	3,783,151)	3,252,542)	2,890,891)	2,534,383)	1,946,035)	1,922,198)	1,915,638)	1,868,807)	1,603,236)	1,655,013)	1,697,621)	1,829,083)	1,604,712)	1,883,508)	2,014,631)	1,989,325)
Total liabilities	6,156,072)	6,391,052)	5,819,684)	5,632,594)	6,313,095)	6,949,549)	6,915,138)	5,911,862)	5,285,722)	5,143,639)	4,395,561)	3,020,888)	3,007,069)	2,848,744)	2,727,820)	2,424,537)	2,518,758)	2,545,840)	2,566,994)	2,335,971)	2,655,270)	2,861,381)	2,708,716)
Preferred stock, $0.01 par value; zero shares issued and outstanding	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)
Common stock, $0.01 par value	1,234)	1,250)	1,318)	1,389)	1,490)	1,602)	1,769)	1,798)	1,963)	2,072)	2,069)	1,168)	1,168)	1,167)	1,165)	1,161)	1,158)	1,159)	1,156)	1,151)	1,147)	1,147)	1,146)
Additional paid-in capital	4,261,107)	4,249,053)	4,246,151)	4,257,667)	4,252,851)	4,244,374)	4,240,540)	4,260,670)	4,254,262)	4,248,194)	4,246,922)	589,241)	584,237)	578,239)	574,769)	574,955)	570,373)	565,694)	560,641)	560,221)	554,223)	550,707)	546,832)
Accumulated other comprehensive income	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)
Retained earnings (accumulated deficit)	318,344)	91,757)	409,763)	703,510)	970,262)	890,377)	893,738)	540,013)	1,267,201)	1,232,189)	734,954)	562,374)	422,460)	336,528)	257,604)	248,837)	207,470)	137,278)	70,674)	34,966)	(17,055)	(90,383)	(147,005)
Stockholders’ equity	4,580,685)	4,342,060)	4,657,232)	4,962,566)	5,224,603)	5,136,353)	5,136,047)	4,802,481)	5,523,426)	5,482,455)	4,983,945)	1,152,783)	1,007,865)	915,934)	833,538)	824,953)	779,001)	704,131)	632,471)	596,338)	538,315)	461,471)	400,973)
Total liabilities and stockholders’ equity	10,736,757)	10,733,112)	10,476,916)	10,595,160)	11,537,698)	12,085,902)	12,051,185)	10,714,343)	10,809,148)	10,626,094)	9,379,506)	4,173,671)	4,014,934)	3,764,678)	3,561,358)	3,249,490)	3,297,759)	3,249,971)	3,199,465)	2,932,309)	3,193,585)	3,322,852)	3,109,689)

Checks Outstanding: Data is only available for the first three quarters of 2018, showing a decreasing trend from $30,996 thousand in Q1 to $13,531 thousand in Q3.
Accounts Payable: Accounts payable exhibit fluctuations. Initial values show moderate variation in 2018, followed by a general increase reaching a peak of approximately $1,318,446 thousand in Q2 2021. After this peak, there is a notable downward trend through 2023, generally declining to around $1,031,093 thousand in Q3 2023.
Accrued Liabilities: Accrued liabilities increase steadily from 2018 through 2021, peaking at $930,189 thousand in Q3 2021. Subsequently, there is a marked decline, falling to $593,422 thousand by Q1 2023, with a slight increase toward Q3 2023.
Contract Liabilities: Data starts only from Q1 2022, with values showing a peak at $259,029 thousand in Q3 2022 and a downward movement thereafter to $180,576 thousand in Q4 2022.
Current Portion of Operating Lease Liabilities: Starting from Q2 2018, values remain stable in the $60,000 to $61,967 thousand range until end of 2020. From 2021 onwards, this liability rises, peaking around $100,972 thousand in Q3 2022, remaining near this elevated level through Q3 2023.
Current Maturities of Long-term Debt: This figure fluctuates over the periods, rising sharply in the 2019-2020 period reaching $29,527 thousand in Q3 2020, then decreasing considerably from Q1 2021 onwards, settling below $5,000 thousand by Q3 2023.
Current Liabilities: A general rising trend is seen from 2018 to Q2 2021, with values increasing from about $719,391 thousand to over $2,252,748 thousand. Following this, there is a significant decline to around $1,842,779 thousand by Q4 2022, with a slight subsequent increase through mid-2023.
Noncurrent Portion of Operating Lease Liabilities: From Q2 2018 the liabilities exhibit a rising trend, reaching approximately $356,549 thousand in early 2021, and peaking around $416,864 thousand in Q3 2023, showing steady growth over time.
Long-Term Debt, Net of Current Maturities, Discounts and Issuance Costs: Long-term debt decreased from Q1 2018 through Q4 2019 but increased significantly from 2020, surging from nearly $1,570,905 thousand in late 2020 to a peak of $3,670,400 thousand in Q2 2023. A slight decrease follows by Q3 2023.
Deferred Income Taxes: Starting from mid-2019, deferred income taxes amount to a small figure of approximately $5,967 thousand and grow substantially through 2021, peaking at $390,577 thousand in early 2021 before steadily declining to about $196,972 thousand by Q3 2023.
Other Long-Term Liabilities: This category remains relatively stable with a modest upward trend overall, increasing from approximately $60,915 thousand in early 2018 to about $141,322 thousand in Q2 2023, with minor oscillations.
Long-Term Liabilities: Long-term liabilities initially decline from about $1,989,325 thousand in 2018 to $1,604,712 thousand in Q4 2018, but then rise steadily to peak at $4,423,736 thousand in Q2 2022. Thereafter, a decrease occurs, reaching around $4,129,390 thousand by Q3 2023.
Total Liabilities: Total liabilities demonstrate an overall upward trajectory, growing from approximately $2,708,716 thousand in Q1 2018 to a high of $6,949,549 thousand in Q2 2022. A decline follows to about $6,156,072 thousand by Q3 2023.
Common Stock: The common stock value remains relatively stable until Q4 2020, then shows an abrupt increase from about $1,168 thousand to $2,069 thousand in Q1 2021. Following that, it declines steadily through 2023 down to $1,234 thousand in Q3 2023.
Additional Paid-in Capital: The account is mostly stable at around $550,000 to $590,000 thousand until Q4 2020, then exhibits a large step increase in early 2021 to over $4,246,922 thousand, after which it remains steady with minor fluctuations through 2023.
Retained Earnings (Accumulated Deficit): Retained earnings improve significantly from a negative balance of $147,005 thousand in Q1 2018 to positive and growing to $1,267,201 thousand in Q2 2021. Subsequently, they decline sharply to $703,510 thousand by Q1 2023, followed by a drop to $318,344 thousand in Q3 2023.
Stockholders’ Equity: Equity steadily grows from $400,973 thousand in early 2018 to a peak of approximately $5,523,426 thousand in Q3 2021. This is followed by a decline to about $4,342,060 thousand by Q2 2023, with a small recovery to $4,580,685 thousand by Q3 2023.
Total Liabilities and Stockholders’ Equity: The total of liabilities and equity expands dramatically beginning in early 2021 from about $4,173,671 thousand to over $10,626,094 thousand by mid-2021. It remains around this level through 2023, fluctuating slightly around the $10.7 billion mark.

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Builders FirstSource Inc. (NYSE:BLDR)

Balance Sheet: Liabilities and Stockholders’ Equity Quarterly Data

Balance Sheet: Liabilities and Stockholders’ Equity
Quarterly Data