BlueLinx (BXC) 10-Q 8 May 19 2019 Q1 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	3 Months Ended
	Mar. 30, 2019	May 03, 2019
Document and Entity Information [Abstract]
Entity Registrant Name	BlueLinx Holdings Inc.
Entity Central Index Key	0001301787
Trading Symbol	bxc
Current Fiscal Year Date	--12-28
Entity Filer Category	Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Common Stock, Shares Outstanding		9,346,727
Document Type	10-Q
Document Period End Date	Mar. 30, 2019
Amendment Flag	false
Document Fiscal Year Focus	2019
Document Fiscal Period Focus	Q1

CONDENSED CONSOLIDATED BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Mar. 30, 2019	Dec. 29, 2018
Current assets:
Cash	$ 12,682	$ 8,939
Receivables, less allowances of $3,505 and $3,656, respectively	246,342	208,434
Inventories, net	387,330	341,851
Other current assets	33,350	40,629
Total current assets	679,704	599,853
Property and equipment:
Property and equipment, at cost	307,735	308,398
Accumulated depreciation	(107,115)	(103,285)
Property and equipment, net	200,620	205,113
Operating lease assets	55,618	0
Goodwill	47,772	47,772
Intangible assets, net	33,057	35,222
Deferred tax asset	53,578	52,645
Other non-current assets	19,303	19,284
Total assets	1,089,652	959,889
Current liabilities:
Accounts payable	132,259	131,771
Bank overdrafts	42,933	17,417
Accrued compensation	9,076	7,974
Current maturities of long-term debt, net of discount and debt issuance costs of $64	1,736	1,736
Finance leases - short-term	7,464	7,555
Real estate deferred gains - short-term	3,934	5,330
Operating lease liabilities - short-term	6,895	0
Other current liabilities	20,749	24,985
Total current liabilities	225,046	196,768
Non-current liabilities:
Long-term debt, net of discount and debt issuance costs of $12,211 and $12,665, respectively	557,715	497,939
Finance leases - long-term	142,400	143,486
Real estate deferred gains - long-term	84,739	86,011
Pension benefit obligation	25,088	26,668
Operating lease liabilities - long-term	48,723	0
Other non-current liabilities	24,226	23,680
Total liabilities	1,107,937	974,552
Commitments and Contingencies
STOCKHOLDERS’ DEFICIT:
Common Stock, $0.01 par value, Authorized - 20,000,000 shares, Issued and Outstanding - 9,342,894 and 9,293,794, respectively	93	92
Additional paid-in capital	259,302	258,596
Accumulated other comprehensive loss	(36,030)	(37,129)
Accumulated stockholders’ deficit	(241,650)	(236,222)
Total stockholders’ deficit	(18,285)	(14,663)
Total liabilities and stockholders’ deficit	$ 1,089,652	$ 959,889

CONDENSED CONSOLIDATED STATEMEN

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) - USD ($) $ in Thousands	3 Months Ended
	Mar. 30, 2019	Mar. 31, 2018
Income Statement [Abstract]
Net sales	$ 638,701	$ 437,487
Cost of sales	552,656	382,162
Gross profit	86,045	55,325
Operating expenses:
Selling, general, and administrative	74,410	59,240
Depreciation and amortization	7,328	2,665
Total operating expenses	81,738	61,905
Operating income (loss)	4,307	(6,580)
Non-operating expenses (income):
Interest expense	13,401	8,480
Other expense (income), net	150	(94)
Loss before benefit from income taxes	(9,244)	(14,966)
Benefit from income taxes	(2,525)	(1,539)
Net loss	$ (6,719)	$ (13,427)
Basic loss per share (in dollars per share)	$ (0.72)	$ (1.47)
Diluted loss per share (in dollars per share)	$ (0.72)	$ (1.47)
Comprehensive income (loss):
Net loss	$ (6,719)	$ (13,427)
Other comprehensive income (loss):
Foreign currency translation, net of tax	7	6
Amortization of unrecognized pension loss, net of tax	224	203
Pension curtailment, net of tax	853	0
Other	15	0
Total other comprehensive income	1,099	209
Comprehensive loss	$ (5,620)	$ (13,218)

CONDENSED CONSOLIDATED BALANC_2

CONDENSED CONSOLIDATED BALANCE SHEETS (Parentheticals) - USD ($) $ in Thousands	Mar. 30, 2019	Dec. 29, 2018
Statement of Financial Position [Abstract]
Allowance for doubtful accounts receivable	$ 3,505	$ 3,656
Debt discount, current	64	64
Debt discount, noncurrent	$ 12,211	$ 12,665
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized (in shares)	20,000,000	20,000,000
Common stock, shares issued (in shares)	9,342,894	9,293,794
Common stock, shares outstanding (in shares)	9,342,894	9,293,794

CONDENSED CONSOLIDATED STATEM_2

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	3 Months Ended
	Mar. 30, 2019	Mar. 31, 2018
Statement of Cash Flows [Abstract]
Net cash used in operating activities	$ (77,828)	$ (45,003)
Cash flows from investing activities:
Proceeds from sale of assets	143	107,879
Property and equipment investments	(1,223)	(332)
Net cash (used in) provided by investing activities	(1,080)	107,547
Cash flows from financing activities:
Borrowings on revolving credit facilities	197,114	119,441
Repayments on revolving credit facilities	(136,892)	(78,789)
Borrowings on term loan	0	0
Repayments on term loan	(900)	0
Principal payments on mortgage	0	(97,847)
Bank overdrafts	25,516	(271)
Payments on finance lease obligations	2,187	946
Repurchase of shares to satisfy employee tax withholdings	0	(1,759)
Net cash provided by (used in) financing activities	82,651	(60,171)
Net change in cash	3,743	2,373
Cash at beginning of period	8,939	4,696
Cash at end of period	$ 12,682	$ 7,069

CONSOLIDATED STATEMENTS OF STOC

CONSOLIDATED STATEMENTS OF STOCKHOLDERS' (DEFICIT) EQUITY - USD ($) shares in Thousands, $ in Thousands	Total	Common Stock	Additional Paid-In Capital	Accumulated Other Comprehensive Loss	Accumulated Deficit
Beginning balance (in shares) at Dec. 30, 2017		9,101
Beginning balance at Dec. 30, 2017	$ 35,002	$ 91	$ 259,588	$ (36,507)	$ (188,170)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net loss	(13,427)				(13,427)
Foreign currency translation, net of tax	6			6
Unrealized gain from pension plan, net of tax	203			203
Vesting of restricted stock units	0
Vesting of performance shares (in shares)		109
Vesting of performance shares	1	$ 1
Compensation related to share-based grants	319		319
Repurchase of shares to satisfy employee tax withholdings	(1)		(1)
Other	(7)				(7)
Ending balance (in shares) at Mar. 31, 2018		9,210
Ending balance at Mar. 31, 2018	22,096	$ 92	259,906	(36,298)	(201,604)
Beginning balance (in shares) at Dec. 29, 2018		9,294
Beginning balance at Dec. 29, 2018	(14,663)	$ 92	258,596	(37,129)	(236,222)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net loss	(6,719)				(6,719)
Foreign currency translation, net of tax	7			7
Unrealized gain from pension plan, net of tax	1,077			1,077
Vesting of restricted stock units (in shares)		49
Vesting of restricted stock units	1	$ 1
Vesting of performance shares	0
Compensation related to share-based grants	706		706
Repurchase of shares to satisfy employee tax withholdings	0
Other	15			15
Ending balance (in shares) at Mar. 30, 2019		9,343
Ending balance at Mar. 30, 2019	$ (18,285)	$ 93	$ 259,302	$ (36,030)	$ (241,650)

Summary of Significant Accounti

Summary of Significant Accounting Policies	3 Months Ended
	Mar. 30, 2019
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	Summary of Significant Accounting Policies Basis of Presentation The accompanying unaudited Condensed Consolidated Financial Statements include the accounts of BlueLinx Holdings Inc. and its wholly owned subsidiaries (the “Company”). These financial statements have been prepared in accordance with the instructions to Form 10-Q and do not include all of the information and footnotes required by accounting principles generally accepted (“GAAP”) in the United States (“U.S.”) for complete financial statements. In the opinion of management, all adjustments (consisting of normal recurring accruals) considered necessary for a fair presentation have been included. These statements should be read in conjunction with the Consolidated Financial Statements and notes thereto included in the Company’s Annual Report on Form 10-K (the “Annual Report on Form 10-K”) for the year ended December 29, 2018 , as filed with the Securities and Exchange Commission on March 13, 2019. Our financial condition as of, and our operating results for, the three -month period ended March 30, 2019 , are not necessarily indicative of the financial condition and results that may be expected for the full year ending December 28, 2019 , or any other interim period. Certain prior period amounts have been reclassified to conform to the current period's presentation. These reclassifications did not materially impact the Company's operating income (loss) or consolidated net income (loss). Inventory Valuation The Company’s inventory is comprised of finished goods. Inventories are valued at the lower of cost or net realizable value. Cost is determined based on the moving average cost method of inventory valuation. We evaluate our inventory value at the end of each quarter to ensure that inventory, when viewed by category, is carried at lower of cost and net realizable value. In valuing inventory, the Company is required to make assumptions regarding the level of reserves required to value potentially obsolete or over-valued items at the lower of cost or net realizable value. Recently Adopted Accounting Standards Leases. In 2016, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2016-02, “Leases (Topic 842).” Topic 842 establishes a new lease accounting model for leases. The most significant changes include the clarification of the definition of a lease, the requirement for lessees to recognize, for all leases, a right-of-use asset and a lease liability in the consolidated balance sheet, and additional quantitative and qualitative disclosures which are designed to give financial statement users information on the amount, timing, and uncertainty of cash flows arising from leases. Lease expenses will continue to be recognized in the consolidated statement of income in a manner similar to prior accounting guidance. Lessor accounting under the new standard is substantially unchanged. We adopted this standard, and all related amendments thereto, effective December 30, 2018, the first day of our fiscal 2019 year, using a modified retrospective approach, which applies the provisions of the new guidance at the effective date without adjusting the comparative periods presented. We have elected the package of practical expedients permitted under the transition guidance within the new standard, which among other things, allows us to carry forward the historical accounting relating to lease identification and classification for existing leases upon adoption. We have made an accounting policy election to keep leases with an initial term of 12 months or less off of the consolidated balance sheet. We implemented internal controls and a lease accounting information system to enable the preparation of financial information required by the new standard. The adoption of Topic 842 had a material impact on our condensed consolidated balance sheets but did not have an impact on our condensed consolidated statements of operations and comprehensive loss. The most significant impact was the recognition of right-of-use assets and lease liabilities of $57.5 million in the consolidated balance sheet. Additionally, $1.7 million of deferred gains associated with sale-leaseback transactions was recorded as a cumulative-effect adjustment to accumulated deficit. See Note 8 “Leases” for additional disclosures regarding our lease commitments. Comprehensive Income . In February 2018, the FASB issued ASU No. 2018-02, “Income Statement-Reporting Comprehensive Income (Topic 220).” This standard provides an option to reclassify stranded tax effects within accumulated other comprehensive income (loss) (“AOCI”) to retained earnings due to the U.S. federal corporate income tax rate change in the Tax Cuts and Jobs Act of 2017. This standard was effective for interim and annual reporting periods beginning after December 15, 2018. We did not exercise the option to make this reclassification. Accounting Standards Effective in Future Years Goodwill. In January 2017, the FASB issued ASU No. 2017-04, “Intangibles—Goodwill and Other (Topic 350).” This standard is intended to simplify the test for goodwill impairments by removing Step 2 of the goodwill impairment test, which requires a hypothetical purchase price allocation. Under the new ASU, a goodwill impairment will now be the amount by which a reporting unit's carrying value exceeds its fair value, not to exceed the carrying amount of goodwill. The accounting standard will be effective for reporting periods beginning after December 15, 2019, and early adoption is permitted. We have not completed our assessment of the standard but we do not expect adoption to have a material impact on the Company's consolidated financial position, results of operations and cash flows. Fair Value Measurement. In August 2018, the FASB issued ASU No. 2018-13, “Fair Value (“FV”) Measurement (Topic 820).” Among other modifications, the standard removes the requirements to disclose: (i) the amount of and reasons for transfers between Level 1 and Level 2 of the FV hierarchy; (ii) the policy for timing transfers between levels; and (iii) the valuation process for Level 3 FV measurements. The standard will require public entities to disclose: (a) the changes in unrealized gains and losses for the period included in other comprehensive income for recurring Level 3 FV measurements held at the end of the reporting period; and (b) the range and weighted average of significant unobservable inputs used to develop Level 3 fair value measurements. For certain unobservable inputs, an entity may disclose other quantitative information in lieu of the weighted average if the entity determines that other quantitative information would be a more reasonable and rational method to reflect the distribution of unobservable inputs used to develop Level 3 FV measurements. The additional disclosure requirements should be applied prospectively for the most recent interim or annual period presented in the fiscal year of adoption. All other amendments should be applied retrospectively to all periods presented. The amendments in this standard are effective for fiscal years ending after December 15, 2019. Early adoption is permitted, and an entity may adopt the removed or modified disclosures and delay the adoption of new disclosures until the effective date. We have not completed our assessment of the standard but we do not expect the adoption to have a material impact on the Company's consolidated financial position, results of operations and cash flows. Defined Benefit Pension Plan

Acquisition

Acquisition	3 Months Ended
	Mar. 30, 2019
Business Combinations [Abstract]
Acquisition	Acquisition On April 13, 2018, we completed the acquisition of Cedar Creek Holdings, Inc. (“Cedar Creek”) for a purchase price of approximately $361.8 million . The acquisition was completed pursuant to the terms of an Agreement and Plan of Merger (the "Merger Agreement"), dated as of March 9, 2018, by and among BlueLinx Corporation, one of our wholly owned subsidiaries, Panther Merger Sub, Inc., a wholly-owned subsidiary of BlueLinx Corporation ("Merger Sub"), Cedar Creek, and CharlesBank Equity Fund VII, Limited Partnership (“CharlesBank”). Upon closing the transactions contemplated by the Merger Agreement, among other things, Merger Sub was merged with and into Cedar Creek, with Cedar Creek surviving the merger as one of our indirect wholly-owned subsidiaries. The merger allowed us to expand our product offerings, while maintaining our existing geographical footprint. Cedar Creek was established in 1977 as a wholesale building materials distribution company that distributes wood products across the United States. Its products include specialty lumber, oriented strand board, siding, cedar, spruce, engineered wood products and other building products. The acquisition was accounted for under the acquisition method of accounting. The assets acquired, liabilities assumed and the results of operations of the acquired business are included in our consolidated results since April 13, 2018. The following unaudited consolidated pro forma information presents consolidated information as if the acquisition had occurred on January 1, 2017: Pro forma Three Months Ended (In thousands, except per share data) March 30, 2019 March 31, 2018 Net sales $ 638,701 $ 784,267 Net loss (3,294 ) (9,109 ) Earnings (loss) per common share: Basic $ (0.35 ) $ (1.00 ) Diluted (0.35 ) (1.00 ) The pro forma amounts above have been calculated in accordance with GAAP after applying the Company's accounting policies and adjusting the three-months ended March 30, 2019 and March 31, 2018 for $3.4 million and $2.2 million , respectively, for transaction related costs, net of tax. Due to the net loss for the three-month periods ended March 30, 2019, and March 31, 2018, 0.1 million and 0.2 million , respectively, of incremental shares from share-based compensation arrangements were excluded from the computation of diluted weighted average shares outstanding because their effect would be anti-dilutive. The pro forma amounts do not include any potential synergies, cost savings or other expected benefits of the acquisition, are presented for illustrative purposes only, and are not necessarily indicative of results that would have been achieved had the acquisition occurred as of January 1, 2017, or of future operating performance. The purchase price of Cedar Creek consisted of the following items: (In thousands) Consideration paid to shareholders and amounts paid to creditors: Payments to Cedar Creek shareholders [1] $ 166,447 Subordinated unsecured note (due to shareholder) [2] 13,743 Seller’s transaction costs paid by Company 7,349 Add: pay off of Cedar Creek debt [3] 174,213 Total cash purchase price $ 361,752 _____________ [1] Payments to Cedar Creek’s shareholders include the purchase of common stock and certain escrow adjustments. [2] The Cedar Creek note payable to a shareholder of $13.7 million was paid in full upon the acquisition of Cedar Creek and included $10 million in subordinated debt and $3.7 million in accrued interest. [3] To finance the acquisition of Cedar Creek, the Company amended and restated its Revolving Credit Facility to increase the availability thereunder to $600.0 million and also entered into a new $180.0 million senior secured Term Loan Facility (See Note 5). The excess of total purchase price, which includes the aggregate cash consideration paid in excess of the fair value of the tangible and intangible assets acquired, was recorded as goodwill. The goodwill recognized is attributable to the expected operating synergies and growth potential that the Company expects to realize from the acquisition. None of the goodwill generated from the acquisition is deductible for tax purposes. The following table summarizes the values of the assets acquired and liabilities assumed at the date of the acquisition: (In thousands) Allocation as of December 29, 2018 Cash and net working capital assets $ 88,318 Inventory 159,227 Property and equipment 71,203 Other, net (1,395 ) Intangible assets and goodwill: Customer relationships 25,500 Non-compete agreements 8,254 Trade names 6,826 Favorable leasehold interests 800 Goodwill 47,772 Finance leases and other liabilities (44,753 ) Cash purchase price $ 361,752

Goodwill and Other Intangible A

Goodwill and Other Intangible Assets	3 Months Ended
	Mar. 30, 2019
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and Other Intangible Assets	Goodwill and Other Intangible Assets In connection with the acquisition of Cedar Creek, we acquired certain intangible assets. As of March 30, 2019 , our intangible assets consist of goodwill and other intangible assets including customer relationships, noncompete agreements, trade names, and favorable leasehold interests. Goodwill Goodwill is the excess of the cost of an acquired entity over the fair value of tangible and intangible assets (including customer relationships, noncompete agreements, trade names and favorable lease interests) acquired, and liabilities assumed, under acquisition accounting for business combinations. As of March 30, 2019 , goodwill was $47.8 million . Goodwill is not subject to amortization but must be tested for impairment at least annually. This test requires us to assign goodwill to a reporting unit and to determine if the implied fair value of the reporting unit’s goodwill is less than its carrying amount. We evaluate goodwill for impairment during the fourth quarter of each fiscal year. In addition, we will evaluate the carrying values of these assets for impairment between annual impairment tests if an event occurs or circumstances change that would indicate the carrying amounts may be impaired. Such events and indicators may include, without limitation, significant declines in the industries in which our products are used, significant changes in capital market conditions and significant changes in our market capitalization. Definite-Lived Intangible Assets. At March 30, 2019 , in connection with the acquisition of Cedar Creek, we had definite-lived intangible assets that related to customer relationships, noncompete agreements, trade names and favorable leasehold interests. At March 30, 2019 , the gross carrying amounts, the accumulated amortization and the net carrying amounts of our definite-lived intangible assets were as follows: (In thousands) Gross carrying amounts Accumulated Amortization [2] Net carrying amounts Customer relationships $ 25,500 $ (4,087 ) $ 21,413 Noncompete agreements 8,254 (1,984 ) 6,270 Trade names 6,826 (2,188 ) 4,638 Favorable leasehold interests [1] 800 (64 ) 736 Total $ 41,380 $ (8,323 ) $ 33,057 ____________________ [1] Amortized to rent expense [2] Intangible assets except customer relationships are amortized on straight line basis. Customer relationships are amortized on a double declining balance method. Amortization Expense The weighted average estimated useful life remaining for customer relationships, noncompete agreements, trade names and favorable leasehold interest is approximately 12 years , 4 years , 3 years and 12 years , respectively. Amortization expense for the definite-lived intangible assets was $2.1 million for the three -month period ended March 30, 2019 . There were no amortization charges for the comparative periods of the prior year. Estimated annual amortization expense for definite-lived intangible assets over the next five fiscal years is as follows: (In thousands) Estimated Amortization 2019 $ 8,152 2020 7,527 2021 5,035 2022 3,183 2023 1,873

Revenue Recognition

Revenue Recognition	3 Months Ended
	Mar. 30, 2019
Revenue from Contract with Customer [Abstract]
Revenue Recognition	Revenue Recognition We recognize revenue when control of promised goods or services is transferred to the Company’s customers in an amount that reflects the consideration we expect to be entitled to in exchange for those goods or services. Contracts with our customers are generally in the form of standard terms and conditions of sale. From time to time, we may enter into specific contracts with some of our larger customers, which may affect delivery terms. Performance obligations in our contracts generally consist solely of delivery of goods. For all sales channel types, consisting of warehouse, direct, and reload sales, we typically satisfy our performance obligations upon shipment. Our customer payment terms are typical for our industry, and may vary by the type and location of our customer and the products or services offered. The term between invoicing and when payment is due is not deemed to be significant by us. For certain sales channels and/or products, our standard terms of payment may be as early as ten days. In addition, we provide inventory to certain customers through pre-arranged agreements on a consignment basis. Customer consigned inventory is maintained and stored by certain customers; however, ownership and risk of loss remains with us. When the consigned inventory is sold by the customer, we recognize revenue, net of trade allowances. All revenues recognized are net of trade allowances (i.e., rebates), cash discounts and sales returns. Cash discounts and sales returns are estimated using historical experience. Trade allowances are based on the estimated obligations and historical experience. Adjustments to earnings resulting from revisions to estimates on discounts and returns have been insignificant for each of the reported periods. Certain customers may receive cash-based incentives or credits, which are accounted for as variable consideration. We estimate these amounts based on the expected amount to be provided to customers and reduce revenues recognized. We believe that there will not be significant changes to our estimates of variable consideration. With the acquisition and integration of Cedar Creek, we changed our internal product hierarchy. The following table presents our revenues disaggregated by revenue source. Certain prior year amounts have been reclassified to conform to the current year product mix of structural and specialty products. Sales and usage-based taxes are excluded from revenues. Three Months Ended (In thousands) March 30, 2019 March 31, 2018 Structural products $ 197,492 $ 176,481 Specialty products 437,672 258,589 Other 3,537 2,417 Total net sales $ 638,701 $ 437,487 The following table presents our revenues disaggregated by sales channel. Sales and usage-based taxes are excluded from revenues. Three Months Ended (In thousands) March 30, 2019 March 31, 2018 Warehouse $ 504,274 $ 333,306 Direct 123,404 82,942 Reload and service revenue 18,905 28,270 Customer discounts and rebates (7,882 ) (7,031 ) Total net sales $ 638,701 $ 437,487 Practical Expedients and Exemptions We generally expense sales commissions when incurred because the amortization period would have been one year or less. These costs are recorded within selling, general, and administrative expense.

Long-Term Debt

Long-Term Debt	3 Months Ended
	Mar. 30, 2019
Debt Disclosure [Abstract]
Long-Term Debt	Long-Term Debt As of March 30, 2019 , and December 29, 2018 , long-term debt consisted of the following: March 30, December 29, (In thousands) Maturity Date 2019 2018 Revolving Credit Facility (net of discounts and debt issuance October 10, 2022 $ 387,866 $ 327,319 Term Loan Facility (net of discounts and debt issuance costs October 13, 2023 171,585 172,356 Total debt 559,451 499,675 Less: current portion of long-term debt (1,736 ) (1,736 ) Long-term debt, net $ 557,715 $ 497,939 Revolving Credit Facility On April 13, 2018, we entered into an Amended and Restated Credit Agreement with certain of our subsidiaries as borrowers (together with us, the “Borrowers”) or guarantors thereunder, Wells Fargo Bank, National Association, in its capacity as administrative agent, and certain other financial institutions party thereto (the “Revolving Credit Agreement”). The Revolving Credit Agreement provides for a senior secured asset-based revolving loan and letter of credit facility (the “Revolving Credit Facility”) of up to $600 million and an uncommitted accordion feature that permits the Borrowers to increase the facility by an aggregate additional principal amount of up to $150 million , which would allow borrowings of up to $750 million under the Revolving Credit Facility. Letters of credit in an aggregate amount of up to $30 million are also available under the Revolving Credit Agreement, which would reduce the amount of the revolving loans available under the Revolving Credit Facility. The maturity date of the Revolving Credit Agreement is October 10, 2022. The Borrowers’ obligations under the Revolving Credit Agreement are secured by a security interest in substantially all of our and our subsidiaries’ assets (other than real property), including inventories, accounts receivable, and proceeds from those items. Borrowings under the Revolving Credit Agreement are subject to availability under the Borrowing Base (as that term is defined in the Revolving Credit Agreement). The Borrowers are required to repay revolving loans thereunder to the extent that such revolving loans exceed the Borrowing Base then in effect. The Revolving Credit Facility may be prepaid in whole or in part from time to time without penalty or premium, but including all breakage costs incurred by any lender thereunder. The Revolving Credit Agreement provides for interest on the loans at a rate per annum equal to (i) LIBOR plus a margin ranging from 1.75 percent to 2.25 percent , with the amount of such margin determined based upon the average of the Borrowers’ excess availability for the immediately preceding fiscal quarter as calculated by the administrative agent, for loans based on LIBOR, or (ii) the administrative agent’s base rate plus a margin ranging from 0.75 percent to 1.25 percent , with the amount of such margin determined based upon the average of the Borrowers’ excess availability for the immediately preceding fiscal quarter as calculated by the administrative agent, for loans based on the base rate. In the event excess availability falls below the greater of (i) $50 million and (ii) 10 percent of the lesser of (a) the Borrowing Base and (b) the maximum permitted credit at such time, the Revolving Credit Agreement requires maintenance of a fixed charge coverage ratio of 1.0 to 1.0 until such time as the Borrowers’ excess availability has been at least the greater of (i) $50 million and (ii) 10 percent of the lesser of (a) the Borrowing Base and (b) the maximum permitted credit at such time for a period of 30 consecutive days. The Revolving Credit Agreement also contains representations and warranties and affirmative and negative covenants customary for financings of this type as well as customary events of default. As of March 30, 2019 , we had outstanding borrowings of $393.5 million , excess availability of $113.8 million , and a weighted average interest rate of 4.6 percent under our Revolving Credit Facility. As of December 29, 2018 , our principal balance was $333.3 million , excess availability was $91.7 million , and our weighted average interest rate was 4.2 percent under our Revolving Credit Facility. We were in compliance with all covenants under the Revolving Credit Agreement as of March 30, 2019 . Term Loan Facility On April 13, 2018, in connection with the acquisition of Cedar Creek, we entered into a credit and guaranty agreement with WHOS Investment Partners, LLC, as administrative agent and collateral agent (“HPS”) and certain other financial institutions as party thereto. On February 28, 2019, the credit and guaranty agreement was amended to, among other things, permit certain real estate sale leaseback transactions and modify the total net leverage ratio beginning in the first quarter of 2019 (as amended, the “Term Loan Agreement”). The Term Loan Agreement provides for a senior secured first lien loan facility in an aggregate principal amount of $180 million (the “Term Loan Facility”). The maturity date of the Term Loan Agreement is October 13, 2023. The proceeds from the Term Loan Facility were used to fund a portion of the cash consideration payable in connection with the acquisition of Cedar Creek and to fund transaction costs in connection with the acquisition and the Term Loan Facility. The obligations under the Term Loan Agreement are secured by a security interest in substantially all of our and our subsidiaries’ assets, including inventories, accounts receivable, real property, and proceeds from those items. The Term Loan Agreement requires monthly interest payments, and quarterly principal payments of $450,000 , in arrears. The Term Loan Agreement also requires certain mandatory prepayments of outstanding loans, subject to certain exceptions, including prepayments commencing with the fiscal year ending December 28, 2019, based on a percentage of excess cash flow (as defined in the Term Loan Agreement for such fiscal year). The remaining balance is due on the loan maturity date of October 13, 2023. The Term Loan Facility may be prepaid in whole or in part from time to time, subject to payment of the “Prepayment Premium” (as such term is defined in the Term Loan Agreement) if such voluntary prepayment does not otherwise constitute an exception to the Prepayment Premium under the Term Loan Agreement and is made on or prior to February 28, 2023, and all breakage costs incurred by any lender thereunder. Borrowings under the Term Loan Agreement may be made as Base Rate Loans or Eurodollar Rate Loans. The Base Rate Loans will bear interest at the rate per annual equal to (i) the greatest of the (a) U.S. prime lending rate published in The Wall Street Journal, (b) the Federal Funds Effective Rate plus 0.50 percent , and (c) the sum of the Adjusted Eurodollar Rate of one month plus 1.00 percent , provided that the Base Rate shall at no time be less than 2.00 percent per annum; and (ii) plus the Applicable Margin, as described below. Eurodollar Rate Loans will bear interest at the rate per annum equal to (i) the ICE Benchmark Administration LIBOR Rate , provided that the Adjusted Eurodollar Rate shall at no time be less than 1.00 percent per annum; plus (ii) the Applicable Margin. The Applicable Margin will be 6.00 percent with respect to Base Rate Loans and 7.00 percent with respect to Eurodollar Rate Loans. The Term Loan Agreement requires maintenance of a total net leverage ratio of 8.00 to 1.00 for the fiscal quarter ending March 30, 2019 , and such required covenant level generally reduces over the term of the Term Loan Facility as set forth in the Term Loan Agreement. As of March 30, 2019 , we were in compliance with the total net leverage ratio. The Term Loan Agreement also contains representations, warranties, affirmative and negative covenants customary for financing transactions of this type, and customary events of default. As of March 30, 2019 , we had outstanding borrowings of $178.2 million under our Term Loan Credit Facility and an interest rate of 9.5 percent per annum. At December 29, 2018 , our principal balance was $179.1 million with an interest rate of 9.3 percent per annum. We were in compliance with all covenants under the Term Loan Agreement as of March 30, 2019 . Our remaining principal payment schedule for each of the next five years and thereafter is as follows: (In thousands) 2019 $ 900 2020 2,250 2021 1,800 2022 1,800 Thereafter 171,450

Net Periodic Pension Cost

Net Periodic Pension Cost	3 Months Ended
	Mar. 30, 2019
Retirement Benefits [Abstract]
Net Periodic Pension Cost	Net Periodic Pension Cost The following table shows the components of our net periodic pension cost (benefit): Three Months Ended (In thousands) March 30, 2019 March 31, 2018 Service cost $ 113 $ 133 Interest cost on projected benefit obligation 1,045 963 Expected return on plan assets (1,194 ) (1,327 ) Amortization of unrecognized loss 300 271 Net periodic pension cost (benefit) $ 264 $ 40

Stock Compensation

Stock Compensation	3 Months Ended
	Mar. 30, 2019
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Stock Compensation	Stock Compensation Cash-Settled Stock Appreciation Rights (“SARs”) During fiscal 2016, we granted certain executives and employees cash-settled SARs. The cash-settled SARs vested on July 16, 2018. On the vesting date, half of the vested value of the cash-settled SARs became payable within thirty days of the vesting date, and the remainder payable within one year of the vesting date. The exercise price for the cash-settled SARs was amended so that it is based on a 20 day trading average of the Company’s common stock through the vesting date, in excess of the $7.00 grant date valuation. On March 30, 2019 , the total liability was approximately $7.2 million , which reflected the remaining payable balance. Stock Compensation Expense During the three months ended March 30, 2019 and March 31, 2018 , we incurred stock compensation expense of $0.7 million and $9.2 million , respectively. The decrease in our stock compensation expense for the three

Leases

Leases	3 Months Ended
	Mar. 30, 2019
Leases [Abstract]
Leases	Leases Effective December 30, 2018, we adopted ASU No. 2016-02, “Leases (Topic 842)” using the modified retrospective method, which applies the provisions of the new guidance at the effective date without adjusting the comparative periods presented. We have elected the package of practical expedients permitted under the transition guidance within the new standard. This election allowed us to carry forward our historical lease classification. The adoption of this standard resulted in the recording of operating lease right-of-use (ROU) assets and corresponding operating lease liabilities of $57.5 million on the condensed consolidated balance sheet as of December 30, 2018, which amortizes over the lease term. Our operating and finance (formerly capital) lease portfolio includes leases for real estate, certain logistics equipment and vehicles. The majority of our leases have remaining lease terms of 1 year to 15 years , some of which include one or more options to extend the leases for 5 years . Operating lease ROU assets and liabilities are presented separately on the condensed consolidated balance sheets. Finance lease assets are included in property and equipment and the finance lease obligations are presented separately in the condensed consolidated balance sheet. A portion of our real estate lease cost is generally subject to annual changes in the Consumer Price Index (CPI). The changes to the CPI are treated as variable lease payments and recognized in the period in which the obligation for those payments was incurred. In addition, a subset of our vehicle lease cost is considered variable. The components of lease expense were as follows: (In thousands) Three Months Ended March 30, 2019 Operating lease cost $ 3,144 Finance lease cost: Amortization of right-of-use assets $ 2,896 Interest on lease liabilities 3,248 Total finance lease costs $ 6,144 Supplemental cash flow information related to leases was as follows: (In thousands) Three Months Ended March 30, 2019 Cash paid for amounts included in the measurement of lease liabilities Operating cash flows from operating leases $ 2,903 Operating cash flows from finance leases 3,248 Financing cash flows from finance leases 2,187 Right-of-use assets obtained in exchange for lease obligations Operating leases — Finance leases 787 Supplemental balance sheet information related to leases was as follows: (In thousands) Three Months Ended March 30, 2019 Finance leases Property and equipment $ 152,355 Accumulated depreciation (16,691 ) Property and equipment, net $ 135,664 Weighted Average Remaining Lease Term (in years) Operating leases 12.22 Finance leases 21.64 Weighted Average Discount Rate Operating leases 9.42 % Finance leases 10.60 % As of March 30, 2019 , maturities of lease liabilities were as follows: (In thousands) Operating leases Finance leases 2019 $ 9,709 $ 15,911 2020 8,550 20,313 2021 7,076 17,664 2022 6,193 16,678 2023 5,402 16,095 Thereafter 50,860 295,927 Total lease payments $ 87,790 $ 382,588 Less: imputed interest (32,173 ) (232,724 ) Total $ 55,617 $ 149,864 At December 29, 2018 , our total operating lease commitments were as follows: (In thousands) 2019 $ 11,980 2020 9,928 2021 8,435 2022 8,066 2023 7,539 Thereafter 60,847 Total $ 106,795
Leases	Leases Effective December 30, 2018, we adopted ASU No. 2016-02, “Leases (Topic 842)” using the modified retrospective method, which applies the provisions of the new guidance at the effective date without adjusting the comparative periods presented. We have elected the package of practical expedients permitted under the transition guidance within the new standard. This election allowed us to carry forward our historical lease classification. The adoption of this standard resulted in the recording of operating lease right-of-use (ROU) assets and corresponding operating lease liabilities of $57.5 million on the condensed consolidated balance sheet as of December 30, 2018, which amortizes over the lease term. Our operating and finance (formerly capital) lease portfolio includes leases for real estate, certain logistics equipment and vehicles. The majority of our leases have remaining lease terms of 1 year to 15 years , some of which include one or more options to extend the leases for 5 years . Operating lease ROU assets and liabilities are presented separately on the condensed consolidated balance sheets. Finance lease assets are included in property and equipment and the finance lease obligations are presented separately in the condensed consolidated balance sheet. A portion of our real estate lease cost is generally subject to annual changes in the Consumer Price Index (CPI). The changes to the CPI are treated as variable lease payments and recognized in the period in which the obligation for those payments was incurred. In addition, a subset of our vehicle lease cost is considered variable. The components of lease expense were as follows: (In thousands) Three Months Ended March 30, 2019 Operating lease cost $ 3,144 Finance lease cost: Amortization of right-of-use assets $ 2,896 Interest on lease liabilities 3,248 Total finance lease costs $ 6,144 Supplemental cash flow information related to leases was as follows: (In thousands) Three Months Ended March 30, 2019 Cash paid for amounts included in the measurement of lease liabilities Operating cash flows from operating leases $ 2,903 Operating cash flows from finance leases 3,248 Financing cash flows from finance leases 2,187 Right-of-use assets obtained in exchange for lease obligations Operating leases — Finance leases 787 Supplemental balance sheet information related to leases was as follows: (In thousands) Three Months Ended March 30, 2019 Finance leases Property and equipment $ 152,355 Accumulated depreciation (16,691 ) Property and equipment, net $ 135,664 Weighted Average Remaining Lease Term (in years) Operating leases 12.22 Finance leases 21.64 Weighted Average Discount Rate Operating leases 9.42 % Finance leases 10.60 % As of March 30, 2019 , maturities of lease liabilities were as follows: (In thousands) Operating leases Finance leases 2019 $ 9,709 $ 15,911 2020 8,550 20,313 2021 7,076 17,664 2022 6,193 16,678 2023 5,402 16,095 Thereafter 50,860 295,927 Total lease payments $ 87,790 $ 382,588 Less: imputed interest (32,173 ) (232,724 ) Total $ 55,617 $ 149,864 At December 29, 2018 , our total operating lease commitments were as follows: (In thousands) 2019 $ 11,980 2020 9,928 2021 8,435 2022 8,066 2023 7,539 Thereafter 60,847 Total $ 106,795

Commitments and Contingencies

Commitments and Contingencies	3 Months Ended
	Mar. 30, 2019
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and Contingencies Environmental and Legal Matters From time to time, we are involved in various proceedings incidental to our businesses, and we are subject to a variety of environmental and pollution control laws and regulations in all jurisdictions in which we operate. Although the ultimate outcome of these proceedings cannot be determined with certainty, based on presently available information management believes that adequate reserves have been established for probable losses with respect thereto. Management further believes that while the ultimate outcome of one or more of these matters could be material to operating results in any given quarter, it will not have a materially adverse effect on our long-term financial condition, our results of operations, or our cash flows. Collective Bargaining Agreements As of March 30, 2019 , we had over 2,200 employees on a full-time basis. Additionally, as of March 30, 2019 , approximately 20 percent of our employees were represented by various local labor union Collective Bargaining Agreements (“CBAs”). As of March 30, 2019 , approximately 5 percent

Accumulated Other Comprehensive

Accumulated Other Comprehensive Loss	3 Months Ended
	Mar. 30, 2019
Equity [Abstract]
Accumulated Other Comprehensive Loss	Accumulated Other Comprehensive Loss Comprehensive income (loss) is a measure of income (loss) which includes both net income (loss) and other comprehensive income (loss). Other comprehensive income (loss) results from items deferred from recognition into our Condensed Consolidated Statements of Operations and Comprehensive Loss. Accumulated other comprehensive loss is separately presented on our Condensed Consolidated Balance Sheets as part of stockholders’ deficit. The changes in balances for each component of accumulated other comprehensive loss for the three months ended March 30, 2019 , were as follows: (In thousands) Foreign currency, net of tax Defined benefit pension plan, net of tax Other, net of tax Total Accumulated Other Comprehensive Loss December 29, 2018, beginning balance $ 660 $ (38,001 ) $ 212 $ (37,129 ) Other comprehensive income, net of tax [1] 7 1,077 15 1,099 March 30, 2019, ending balance, net of tax $ 667 $ (36,924 ) $ 227 $ (36,030 ) ____ ____________________________ [1] For the three months ended March 30, 2019 , the actuarial loss recognized in the Condensed Consolidated Statements of Operations and Comprehensive Loss as a component of net periodic pension cost was $1.1 million , net of tax of $0.4 million

Earnings (Loss) per Share

Earnings (Loss) per Share	3 Months Ended
	Mar. 30, 2019
Earnings Per Share [Abstract]
Earnings (Loss) per Share	Earnings (Loss) per Share We calculate basic earnings (loss) per share by dividing net income (loss) by the weighted average number of common shares outstanding. We calculate diluted earnings per share by dividing net income by the weighted average number of common shares outstanding plus the dilutive effect of outstanding share-based awards, including restricted stock units, performance shares, and performance units. Due to the financial results for the three -month periods ended March 30, 2019 and March 31, 2018 , 0.1 million and 0.2 million , respectively, of incremental shares from share-based compensation arrangements were excluded from the computation of diluted weighted average shares outstanding, because their effect would be anti-dilutive. The reconciliation of basic loss and diluted loss per common share for the three -month periods of fiscal 2019 and 2018 were as follows: Three Months Ended (in thousands, except per share data) March 30, 2019 March 31, 2018 Net loss $ (6,719 ) $ (13,427 ) Weighted-average shares outstanding - basic 9,337 9,137 Dilutive effect of share-based awards — — Weighted-average shares outstanding - diluted 9,337 9,137 Basic loss per share $ (0.72 ) $ (1.47 ) Diluted loss per share $ (0.72 ) $ (1.47 )

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	3 Months Ended
	Mar. 30, 2019
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation The accompanying unaudited Condensed Consolidated Financial Statements include the accounts of BlueLinx Holdings Inc. and its wholly owned subsidiaries (the “Company”). These financial statements have been prepared in accordance with the instructions to Form 10-Q and do not include all of the information and footnotes required by accounting principles generally accepted (“GAAP”) in the United States (“U.S.”) for complete financial statements. In the opinion of management, all adjustments (consisting of normal recurring accruals) considered necessary for a fair presentation have been included. These statements should be read in conjunction with the Consolidated Financial Statements and notes thereto included in the Company’s Annual Report on Form 10-K (the “Annual Report on Form 10-K”) for the year ended December 29, 2018
Reclassifications	Certain prior period amounts have been reclassified to conform to the current period's presentation. These reclassifications did not materially impact the Company's operating income (loss) or consolidated net income (loss).
Inventory Valuation	Inventory ValuationThe Company’s inventory is comprised of finished goods. Inventories are valued at the lower of cost or net realizable value. Cost is determined based on the moving average cost method of inventory valuation. We evaluate our inventory value at the end of each quarter to ensure that inventory, when viewed by category, is carried at lower of cost and net realizable value. In valuing inventory, the Company is required to make assumptions regarding the level of reserves required to value potentially obsolete or over-valued items at the lower of cost or net realizable value.
Recently Adopted Accounting Standards and Standards Effective in Future Years	Recently Adopted Accounting Standards Leases. In 2016, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2016-02, “Leases (Topic 842).” Topic 842 establishes a new lease accounting model for leases. The most significant changes include the clarification of the definition of a lease, the requirement for lessees to recognize, for all leases, a right-of-use asset and a lease liability in the consolidated balance sheet, and additional quantitative and qualitative disclosures which are designed to give financial statement users information on the amount, timing, and uncertainty of cash flows arising from leases. Lease expenses will continue to be recognized in the consolidated statement of income in a manner similar to prior accounting guidance. Lessor accounting under the new standard is substantially unchanged. We adopted this standard, and all related amendments thereto, effective December 30, 2018, the first day of our fiscal 2019 year, using a modified retrospective approach, which applies the provisions of the new guidance at the effective date without adjusting the comparative periods presented. We have elected the package of practical expedients permitted under the transition guidance within the new standard, which among other things, allows us to carry forward the historical accounting relating to lease identification and classification for existing leases upon adoption. We have made an accounting policy election to keep leases with an initial term of 12 months or less off of the consolidated balance sheet. We implemented internal controls and a lease accounting information system to enable the preparation of financial information required by the new standard. The adoption of Topic 842 had a material impact on our condensed consolidated balance sheets but did not have an impact on our condensed consolidated statements of operations and comprehensive loss. The most significant impact was the recognition of right-of-use assets and lease liabilities of $57.5 million in the consolidated balance sheet. Additionally, $1.7 million of deferred gains associated with sale-leaseback transactions was recorded as a cumulative-effect adjustment to accumulated deficit. See Note 8 “Leases” for additional disclosures regarding our lease commitments. Comprehensive Income . In February 2018, the FASB issued ASU No. 2018-02, “Income Statement-Reporting Comprehensive Income (Topic 220).” This standard provides an option to reclassify stranded tax effects within accumulated other comprehensive income (loss) (“AOCI”) to retained earnings due to the U.S. federal corporate income tax rate change in the Tax Cuts and Jobs Act of 2017. This standard was effective for interim and annual reporting periods beginning after December 15, 2018. We did not exercise the option to make this reclassification. Accounting Standards Effective in Future Years Goodwill. In January 2017, the FASB issued ASU No. 2017-04, “Intangibles—Goodwill and Other (Topic 350).” This standard is intended to simplify the test for goodwill impairments by removing Step 2 of the goodwill impairment test, which requires a hypothetical purchase price allocation. Under the new ASU, a goodwill impairment will now be the amount by which a reporting unit's carrying value exceeds its fair value, not to exceed the carrying amount of goodwill. The accounting standard will be effective for reporting periods beginning after December 15, 2019, and early adoption is permitted. We have not completed our assessment of the standard but we do not expect adoption to have a material impact on the Company's consolidated financial position, results of operations and cash flows. Fair Value Measurement. In August 2018, the FASB issued ASU No. 2018-13, “Fair Value (“FV”) Measurement (Topic 820).” Among other modifications, the standard removes the requirements to disclose: (i) the amount of and reasons for transfers between Level 1 and Level 2 of the FV hierarchy; (ii) the policy for timing transfers between levels; and (iii) the valuation process for Level 3 FV measurements. The standard will require public entities to disclose: (a) the changes in unrealized gains and losses for the period included in other comprehensive income for recurring Level 3 FV measurements held at the end of the reporting period; and (b) the range and weighted average of significant unobservable inputs used to develop Level 3 fair value measurements. For certain unobservable inputs, an entity may disclose other quantitative information in lieu of the weighted average if the entity determines that other quantitative information would be a more reasonable and rational method to reflect the distribution of unobservable inputs used to develop Level 3 FV measurements. The additional disclosure requirements should be applied prospectively for the most recent interim or annual period presented in the fiscal year of adoption. All other amendments should be applied retrospectively to all periods presented. The amendments in this standard are effective for fiscal years ending after December 15, 2019. Early adoption is permitted, and an entity may adopt the removed or modified disclosures and delay the adoption of new disclosures until the effective date. We have not completed our assessment of the standard but we do not expect the adoption to have a material impact on the Company's consolidated financial position, results of operations and cash flows. Defined Benefit Pension Plan
Revenue Recognition	We recognize revenue when control of promised goods or services is transferred to the Company’s customers in an amount that reflects the consideration we expect to be entitled to in exchange for those goods or services. Contracts with our customers are generally in the form of standard terms and conditions of sale. From time to time, we may enter into specific contracts with some of our larger customers, which may affect delivery terms. Performance obligations in our contracts generally consist solely of delivery of goods. For all sales channel types, consisting of warehouse, direct, and reload sales, we typically satisfy our performance obligations upon shipment. Our customer payment terms are typical for our industry, and may vary by the type and location of our customer and the products or services offered. The term between invoicing and when payment is due is not deemed to be significant by us. For certain sales channels and/or products, our standard terms of payment may be as early as ten days. In addition, we provide inventory to certain customers through pre-arranged agreements on a consignment basis. Customer consigned inventory is maintained and stored by certain customers; however, ownership and risk of loss remains with us. When the consigned inventory is sold by the customer, we recognize revenue, net of trade allowances. All revenues recognized are net of trade allowances (i.e., rebates), cash discounts and sales returns. Cash discounts and sales returns are estimated using historical experience. Trade allowances are based on the estimated obligations and historical experience. Adjustments to earnings resulting from revisions to estimates on discounts and returns have been insignificant for each of the reported periods. Certain customers may receive cash-based incentives or credits, which are accounted for as We generally expense sales commissions when incurred because the amortization period would have been one year or less. These costs are recorded within selling, general, and administrative expense. We have made an accounting policy election to treat any common carrier shipping and handling activities as a fulfillment cost, rather than as a separate obligation or separate promised service.
Earnings per Share	We calculate basic earnings (loss) per share by dividing net income (loss) by the weighted average number of common shares outstanding. We calculate diluted earnings per share by dividing net income by the weighted average number of common shares outstanding plus the dilutive effect of outstanding share-based awards, including restricted stock units, performance shares, and performance units.

Acquisition (Tables)

Acquisition (Tables)	3 Months Ended
	Mar. 30, 2019
Business Combinations [Abstract]
Pro Forma Information	The following table summarizes the values of the assets acquired and liabilities assumed at the date of the acquisition: (In thousands) Allocation as of December 29, 2018 Cash and net working capital assets $ 88,318 Inventory 159,227 Property and equipment 71,203 Other, net (1,395 ) Intangible assets and goodwill: Customer relationships 25,500 Non-compete agreements 8,254 Trade names 6,826 Favorable leasehold interests 800 Goodwill 47,772 Finance leases and other liabilities (44,753 ) Cash purchase price $ 361,752 (In thousands) Consideration paid to shareholders and amounts paid to creditors: Payments to Cedar Creek shareholders [1] $ 166,447 Subordinated unsecured note (due to shareholder) [2] 13,743 Seller’s transaction costs paid by Company 7,349 Add: pay off of Cedar Creek debt [3] 174,213 Total cash purchase price $ 361,752 _____________ [1] Payments to Cedar Creek’s shareholders include the purchase of common stock and certain escrow adjustments. [2] The Cedar Creek note payable to a shareholder of $13.7 million was paid in full upon the acquisition of Cedar Creek and included $10 million in subordinated debt and $3.7 million in accrued interest. [3] To finance the acquisition of Cedar Creek, the Company amended and restated its Revolving Credit Facility to increase the availability thereunder to $600.0 million and also entered into a new $180.0 million senior secured Term Loan Facility (See Note 5). Pro forma Three Months Ended (In thousands, except per share data) March 30, 2019 March 31, 2018 Net sales $ 638,701 $ 784,267 Net loss (3,294 ) (9,109 ) Earnings (loss) per common share: Basic $ (0.35 ) $ (1.00 ) Diluted (0.35 ) (1.00 )

Goodwill and Other Intangible_2

Goodwill and Other Intangible Assets (Tables)	3 Months Ended
	Mar. 30, 2019
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Definite-Lived Intangible Assets	At March 30, 2019 , the gross carrying amounts, the accumulated amortization and the net carrying amounts of our definite-lived intangible assets were as follows: (In thousands) Gross carrying amounts Accumulated Amortization [2] Net carrying amounts Customer relationships $ 25,500 $ (4,087 ) $ 21,413 Noncompete agreements 8,254 (1,984 ) 6,270 Trade names 6,826 (2,188 ) 4,638 Favorable leasehold interests [1] 800 (64 ) 736 Total $ 41,380 $ (8,323 ) $ 33,057 ____________________ [1] Amortized to rent expense [2]
Schedule of Definite-Lived Intangible Asset Amortization	Estimated annual amortization expense for definite-lived intangible assets over the next five fiscal years is as follows: (In thousands) Estimated Amortization 2019 $ 8,152 2020 7,527 2021 5,035 2022 3,183 2023 1,873

Revenue Recognition (Tables)

Revenue Recognition (Tables)	3 Months Ended
	Mar. 30, 2019
Revenue from Contract with Customer [Abstract]
Schedule of Revenues Disaggregated by Revenue Source and Sales Channel	The following table presents our revenues disaggregated by revenue source. Certain prior year amounts have been reclassified to conform to the current year product mix of structural and specialty products. Sales and usage-based taxes are excluded from revenues. Three Months Ended (In thousands) March 30, 2019 March 31, 2018 Structural products $ 197,492 $ 176,481 Specialty products 437,672 258,589 Other 3,537 2,417 Total net sales $ 638,701 $ 437,487 The following table presents our revenues disaggregated by sales channel. Sales and usage-based taxes are excluded from revenues. Three Months Ended (In thousands) March 30, 2019 March 31, 2018 Warehouse $ 504,274 $ 333,306 Direct 123,404 82,942 Reload and service revenue 18,905 28,270 Customer discounts and rebates (7,882 ) (7,031 ) Total net sales $ 638,701 $ 437,487

Long-Term Debt (Tables)

Long-Term Debt (Tables)	3 Months Ended
	Mar. 30, 2019
Debt Disclosure [Abstract]
Schedule of Long-Term Debt	As of March 30, 2019 , and December 29, 2018 , long-term debt consisted of the following: March 30, December 29, (In thousands) Maturity Date 2019 2018 Revolving Credit Facility (net of discounts and debt issuance October 10, 2022 $ 387,866 $ 327,319 Term Loan Facility (net of discounts and debt issuance costs October 13, 2023 171,585 172,356 Total debt 559,451 499,675 Less: current portion of long-term debt (1,736 ) (1,736 ) Long-term debt, net $ 557,715 $ 497,939
Schedule of Principal Payment Schedule	Our remaining principal payment schedule for each of the next five years and thereafter is as follows: (In thousands) 2019 $ 900 2020 2,250 2021 1,800 2022 1,800 Thereafter 171,450

Net Periodic Pension Cost (Tabl

Net Periodic Pension Cost (Tables)	3 Months Ended
	Mar. 30, 2019
Retirement Benefits [Abstract]
Schedule of net periodic pension cost for pension plans	The following table shows the components of our net periodic pension cost (benefit): Three Months Ended (In thousands) March 30, 2019 March 31, 2018 Service cost $ 113 $ 133 Interest cost on projected benefit obligation 1,045 963 Expected return on plan assets (1,194 ) (1,327 ) Amortization of unrecognized loss 300 271 Net periodic pension cost (benefit) $ 264 $ 40

Leases (Tables)

Leases (Tables)	3 Months Ended
	Mar. 30, 2019
Leases [Abstract]
Lease Cost	The components of lease expense were as follows: (In thousands) Three Months Ended March 30, 2019 Operating lease cost $ 3,144 Finance lease cost: Amortization of right-of-use assets $ 2,896 Interest on lease liabilities 3,248 Total finance lease costs $ 6,144 Supplemental cash flow information related to leases was as follows: (In thousands) Three Months Ended March 30, 2019 Cash paid for amounts included in the measurement of lease liabilities Operating cash flows from operating leases $ 2,903 Operating cash flows from finance leases 3,248 Financing cash flows from finance leases 2,187 Right-of-use assets obtained in exchange for lease obligations Operating leases — Finance leases 787
Supplemental Balance Sheet Information	Supplemental balance sheet information related to leases was as follows: (In thousands) Three Months Ended March 30, 2019 Finance leases Property and equipment $ 152,355 Accumulated depreciation (16,691 ) Property and equipment, net $ 135,664 Weighted Average Remaining Lease Term (in years) Operating leases 12.22 Finance leases 21.64 Weighted Average Discount Rate Operating leases 9.42 % Finance leases 10.60 %
Operating Lease Maturities	As of March 30, 2019 , maturities of lease liabilities were as follows: (In thousands) Operating leases Finance leases 2019 $ 9,709 $ 15,911 2020 8,550 20,313 2021 7,076 17,664 2022 6,193 16,678 2023 5,402 16,095 Thereafter 50,860 295,927 Total lease payments $ 87,790 $ 382,588 Less: imputed interest (32,173 ) (232,724 ) Total $ 55,617 $ 149,864
Finance Lease Maturities	As of March 30, 2019 , maturities of lease liabilities were as follows: (In thousands) Operating leases Finance leases 2019 $ 9,709 $ 15,911 2020 8,550 20,313 2021 7,076 17,664 2022 6,193 16,678 2023 5,402 16,095 Thereafter 50,860 295,927 Total lease payments $ 87,790 $ 382,588 Less: imputed interest (32,173 ) (232,724 ) Total $ 55,617 $ 149,864
Schedule of Future Minimum Rental Payments for Operating Leases	At December 29, 2018 , our total operating lease commitments were as follows: (In thousands) 2019 $ 11,980 2020 9,928 2021 8,435 2022 8,066 2023 7,539 Thereafter 60,847 Total $ 106,795

Accumulated Other Comprehensi_2

Accumulated Other Comprehensive Loss (Tables)	3 Months Ended
	Mar. 30, 2019
Equity [Abstract]
Schedule of changes in accumulated balances for each component of other comprehensive income (loss)	The changes in balances for each component of accumulated other comprehensive loss for the three months ended March 30, 2019 , were as follows: (In thousands) Foreign currency, net of tax Defined benefit pension plan, net of tax Other, net of tax Total Accumulated Other Comprehensive Loss December 29, 2018, beginning balance $ 660 $ (38,001 ) $ 212 $ (37,129 ) Other comprehensive income, net of tax [1] 7 1,077 15 1,099 March 30, 2019, ending balance, net of tax $ 667 $ (36,924 ) $ 227 $ (36,030 ) ____ ____________________________ [1] For the three months ended March 30, 2019 , the actuarial loss recognized in the Condensed Consolidated Statements of Operations and Comprehensive Loss as a component of net periodic pension cost was $1.1 million , net of tax of $0.4 million

Earnings (Loss) per Share (Tabl

Earnings (Loss) per Share (Tables)	3 Months Ended
	Mar. 30, 2019
Earnings Per Share [Abstract]
Schedule of Earnings (Loss) per Share	The reconciliation of basic loss and diluted loss per common share for the three -month periods of fiscal 2019 and 2018 were as follows: Three Months Ended (in thousands, except per share data) March 30, 2019 March 31, 2018 Net loss $ (6,719 ) $ (13,427 ) Weighted-average shares outstanding - basic 9,337 9,137 Dilutive effect of share-based awards — — Weighted-average shares outstanding - diluted 9,337 9,137 Basic loss per share $ (0.72 ) $ (1.47 ) Diluted loss per share $ (0.72 ) $ (1.47 )

Summary of Significant Accoun_3

Summary of Significant Accounting Policies (Details) - USD ($) $ in Thousands	Mar. 30, 2019	Jan. 01, 2019	Dec. 29, 2018
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Operating lease assets	$ 55,618		$ 0
Operating lease liability	$ 55,617
Cumulative impact, deferred gains		$ 1,291
ASU 2016-02
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Operating lease assets		57,500
Operating lease liability		57,500
Cumulative impact, deferred gains		$ 1,700

Acquisition - Narrative (Detail

Acquisition - Narrative (Details) - USD ($) shares in Millions	Apr. 13, 2018	Mar. 30, 2019	Mar. 31, 2018	Dec. 29, 2018
Business Acquisition [Line Items]
Antidilutive securities excluded from diluted shares calculation (in shares)		0.1	0.2
Cedar Creek
Business Acquisition [Line Items]
Aggregate purchase price	$ 361,752,000
Transaction related costs		$ 3,400,000	$ 2,200,000
Note payable to shareholder	13,700,000
Subordinated debt	10,000,000
Interest payable	3,700,000
Revolving Credit Facility | Line of Credit
Business Acquisition [Line Items]
Line of credit facility, maximum borrowing capacity		750,000,000
Long-term line of credit facility		393,500,000		$ 333,300,000
Revolving Credit Facility | Line of Credit | Cedar Creek
Business Acquisition [Line Items]
Line of credit facility, maximum borrowing capacity	$ 600,000,000
Term Loan | Secured Debt
Business Acquisition [Line Items]
Long-term line of credit facility		$ 180,000,000

Acquisition - Proforma Income S

Acquisition - Proforma Income Statement (Details) - Cedar Creek - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended
	Mar. 30, 2019	Mar. 31, 2018
Business Acquisition [Line Items]
Net sales	$ 638,701	$ 784,267
Net loss	$ (3,294)	$ (9,109)
Earnings (loss) per common share:
Basic (in dollars per share)	$ (0.35)	$ (1)
Diluted (in dollars per share)	$ (0.35)	$ (1)

Acquisition - Preliminary Cash

Acquisition - Preliminary Cash Purchase Price (Details) - Cedar Creek $ in Thousands	Apr. 13, 2018USD ($)
Business Acquisition [Line Items]
Payments to Cedar Creek shareholders	$ 166,447
Subordinated unsecured note (due to shareholder)	13,743
Seller’s transaction costs paid by Company	7,349
Add: pay off of Cedar Creek debt	174,213
Total cash purchase price	$ 361,752

Acquisition - Cash Purchase Pri

Acquisition - Cash Purchase Price (Details) - USD ($) $ in Thousands	Mar. 30, 2019	Dec. 29, 2018
Business Acquisition [Line Items]
Goodwill	$ 47,772	$ 47,772
Cedar Creek
Business Acquisition [Line Items]
Cash and net working capital assets (excluding inventory)	88,318
Inventory	159,227
Property and equipment	71,203
Other, net	(1,395)
Goodwill	47,772
Finance leases and other liabilities	(44,753)
Cash purchase price	361,752
Customer relationships | Cedar Creek
Business Acquisition [Line Items]
Intangible assets	25,500
Noncompete agreements | Cedar Creek
Business Acquisition [Line Items]
Intangible assets	8,254
Trade names | Cedar Creek
Business Acquisition [Line Items]
Intangible assets	6,826
Favorable leasehold interests | Cedar Creek
Business Acquisition [Line Items]
Intangible assets	$ 800

Goodwill and Other Intangible_3

Goodwill and Other Intangible Assets - Narrative (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 30, 2019	Mar. 31, 2018	Dec. 29, 2018
Finite-Lived Intangible Assets [Line Items]
Goodwill	$ 47,772		$ 47,772
Amortization of intangible assets	$ 2,100	$ 0
Customer relationships
Finite-Lived Intangible Assets [Line Items]
Useful lives	12 years
Noncompete agreements
Finite-Lived Intangible Assets [Line Items]
Useful lives	4 years
Trade names
Finite-Lived Intangible Assets [Line Items]
Useful lives	3 years
Favorable leasehold interest
Finite-Lived Intangible Assets [Line Items]
Useful lives	12 years

Goodwill and Other Intangible_4

Goodwill and Other Intangible Assets - Schedule of Definite Lived Intangible Assets (Details) $ in Thousands	Mar. 30, 2019USD ($)
Finite-Lived Intangible Assets [Line Items]
Gross carrying amounts	$ 41,380
Accumulated Amortization	(8,323)
Net carrying amounts	33,057
Customer relationships
Finite-Lived Intangible Assets [Line Items]
Gross carrying amounts	25,500
Accumulated Amortization	(4,087)
Net carrying amounts	21,413
Noncompete agreements
Finite-Lived Intangible Assets [Line Items]
Gross carrying amounts	8,254
Accumulated Amortization	(1,984)
Net carrying amounts	6,270
Trade names
Finite-Lived Intangible Assets [Line Items]
Gross carrying amounts	6,826
Accumulated Amortization	(2,188)
Net carrying amounts	4,638
Favorable leasehold interest
Finite-Lived Intangible Assets [Line Items]
Gross carrying amounts	800
Accumulated Amortization	(64)
Net carrying amounts	$ 736

Goodwill and Other Intangible_5

Goodwill and Other Intangible Assets - Amortization Expense (Details) $ in Thousands	Mar. 30, 2019USD ($)
Goodwill and Intangible Assets Disclosure [Abstract]
Expected amortization expense, year 1	$ 8,152
Expected amortization expense, year 2	7,527
Expected amortization expense, year 3	5,035
Expected amortization expense, year 4	3,183
Expected amortization expense, year 5	$ 1,873

Revenue Recognition (Details)

Revenue Recognition (Details) $ in Thousands	3 Months Ended
	Mar. 30, 2019USD ($)day	Mar. 31, 2018USD ($)
Disaggregation of Revenue [Line Items]
Standard terms of payment, number of days | day	10
Net sales	$ 638,701	$ 437,487
Warehouse
Disaggregation of Revenue [Line Items]
Net sales	504,274	333,306
Direct
Disaggregation of Revenue [Line Items]
Net sales	123,404	82,942
Reload and service revenue
Disaggregation of Revenue [Line Items]
Net sales	18,905	28,270
Customer discounts and rebates
Disaggregation of Revenue [Line Items]
Net sales	(7,882)	(7,031)
Structural products
Disaggregation of Revenue [Line Items]
Net sales	197,492	176,481
Specialty products
Disaggregation of Revenue [Line Items]
Net sales	437,672	258,589
Other | Other
Disaggregation of Revenue [Line Items]
Net sales	$ 3,537	$ 2,417

Long-Term Debt - Schedule of Lo

Long-Term Debt - Schedule of Long-Term Debt (Details) - USD ($) $ in Thousands	Mar. 30, 2019	Dec. 29, 2018
Debt Instrument [Line Items]
Long-term debt	$ 559,451	$ 499,675
Less: current portion of long-term debt	(1,736)	(1,736)
Long-term debt, net	557,715	497,939
Revolving Credit Facility | Line of Credit
Debt Instrument [Line Items]
Long-term debt	387,866	327,319
Deferred financing fees	5,700	6,000
Term Loan Facility | Secured Debt
Debt Instrument [Line Items]
Long-term debt	171,585	172,356
Deferred financing fees	$ 6,600	$ 6,700

Long-Term Debt - Narrative (Det

Long-Term Debt - Narrative (Details) - USD ($)	3 Months Ended
	Mar. 30, 2019	Dec. 29, 2018	Apr. 13, 2018
Line of Credit | Revolving Credit Facility
Debt Instrument [Line Items]
Line of credit facility, maximum borrowing capacity	$ 750,000,000
Letters of credit	30,000,000
Minimum remaining borrowing capacity before fixed covered ratio is applicable	$ 50,000,000
Minimum percentage of borrowing base and maximum borrowing capacity to apply fixed charge coverage ratio	10.00%
Interest coverage ratio, minimum	1
Long-term line of credit facility	$ 393,500,000	$ 333,300,000
Line of credit facility, remaining borrowing capacity	$ 113,800,000	$ 91,700,000
Line of credit facility, interest rate at period end	4.60%	4.20%
Cedar Creek | Line of Credit | Revolving Credit Facility
Debt Instrument [Line Items]
Line of credit facility, maximum borrowing capacity			$ 600,000,000
Line of credit facility, additional borrowing capacity under uncommitted accordion feature			150,000,000
LIBOR | Line of Credit | Revolving Credit Facility
Debt Instrument [Line Items]
Variable rate basis	LIBOR
LIBOR | Minimum | Line of Credit | Revolving Credit Facility
Debt Instrument [Line Items]
Basis spread	1.75%
LIBOR | Maximum | Line of Credit | Revolving Credit Facility
Debt Instrument [Line Items]
Basis spread	2.25%
Base Rate | Line of Credit | Revolving Credit Facility
Debt Instrument [Line Items]
Variable rate basis	agent’s base rate
Base Rate | Minimum | Line of Credit | Revolving Credit Facility
Debt Instrument [Line Items]
Basis spread	0.75%
Base Rate | Maximum | Line of Credit | Revolving Credit Facility
Debt Instrument [Line Items]
Basis spread	1.25%
Term Loan Facility | Secured Debt
Debt Instrument [Line Items]
Long-term line of credit facility	$ 180,000,000
Face amount			$ 180,000,000
Quarterly term loan principal payments	450,000
Long-term debt, gross	$ 178,200,000	$ 179,100,000
Stated interest rate	9.50%	9.30%
Term Loan Facility | Maximum | Secured Debt
Debt Instrument [Line Items]
Net leverage ratio	8
Term Loan Facility | Base Rate | Secured Debt
Debt Instrument [Line Items]
Variable rate basis	Base Rate
Basis spread	6.00%
Term Loan Facility | Base Rate | Minimum | Secured Debt
Debt Instrument [Line Items]
Basis spread	2.00%
Term Loan Facility | ICE Benchmark Administration LIBOR Rate | Secured Debt
Debt Instrument [Line Items]
Variable rate basis	ICE Benchmark Administration LIBOR Rate
Term Loan Facility | Prime Rate | Secured Debt
Debt Instrument [Line Items]
Variable rate basis	U.S. prime lending rate
Term Loan Facility | Federal Funds Effective Swap Rate | Secured Debt
Debt Instrument [Line Items]
Variable rate basis	Federal Funds Effective Rate
Basis spread	0.50%
Term Loan Facility | Eurodollar | Secured Debt
Debt Instrument [Line Items]
Variable rate basis	Eurodollar Rate
Basis spread	7.00%
Term Loan Facility | Eurodollar | Minimum | Secured Debt
Debt Instrument [Line Items]
Basis spread	1.00%

Long-Term Debt - Maturities of

Long-Term Debt - Maturities of Long-Term Debt (Details) - Term Loan - Secured Debt $ in Thousands	Mar. 30, 2019USD ($)
Debt Instrument [Line Items]
2019	$ 900
2020	2,250
2021	1,800
2022	1,800
Thereafter	$ 171,450

Net Periodic Pension Cost (Deta

Net Periodic Pension Cost (Details) $ in Thousands	3 Months Ended
	Mar. 30, 2019USD ($)employee	Mar. 31, 2018USD ($)
Retirement Benefits [Abstract]
Service cost	$ 113	$ 133
Interest cost on projected benefit obligation	1,045	963
Expected return on plan assets	(1,194)	(1,327)
Amortization of unrecognized loss	300	271
Net periodic pension cost (benefit)	$ 264	$ 40
Number of participants not accruing future years of service | employee	29
Decrease in pension benefit obligation	$ 200
Increase to AOCI, plan asset valuation	$ 1,500

Stock Compensation (Details)

Stock Compensation (Details) $ / shares in Units, $ in Millions	3 Months Ended
	Mar. 30, 2019USD ($)trading_day$ / shares	Mar. 31, 2018USD ($)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock based compensation expense	$ 0.7	$ 9.2
Stock Appreciation Rights (SARs)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Weighted average exercise price, trading day average | trading_day	20
Weighted average exercise price (in dollars per share) | $ / shares	$ 7
Deferred compensation liability	$ 7.2
Payable within thirty days of the vesting date | Stock Appreciation Rights (SARs)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period	30 days
Payable within one year of vesting date | Stock Appreciation Rights (SARs)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period	1 year

Leases - Narrative (Details)

Leases - Narrative (Details) - USD ($) $ in Thousands	Mar. 30, 2019	Jan. 01, 2019	Dec. 29, 2018
Operating Leased Assets [Line Items]
Lease renewal term	5 years
Operating lease assets	$ 55,618		$ 0
Operating lease liability	$ 55,617
Minimum
Operating Leased Assets [Line Items]
Lease term	1 year
Maximum
Operating Leased Assets [Line Items]
Lease term	15 years
ASU 2016-02
Operating Leased Assets [Line Items]
Operating lease assets		$ 57,500
Operating lease liability		$ 57,500

Leases - Lease Cost (Details)

Leases - Lease Cost (Details) $ in Thousands	3 Months Ended
	Mar. 30, 2019USD ($)
Leases [Abstract]
Operating lease cost	$ 3,144
Amortization of right-of-use assets	2,896
Interest on lease liabilities	3,248
Total finance lease costs	$ 6,144

Leases - Supplemental Cash Flow

Leases - Supplemental Cash Flow (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 30, 2019	Mar. 31, 2018
Leases [Abstract]
Operating cash flows from operating leases	$ 2,903
Operating cash flows from finance leases	3,248
Financing cash flows from finance leases	2,187	$ 946
Operating leases	0
Finance leases	$ 787

Leases - Supplemental Balance S

Leases - Supplemental Balance Sheet (Details) $ in Thousands	Mar. 30, 2019USD ($)
Finance leases
Property and equipment	$ 152,355
Accumulated depreciation	(16,691)
Property and equipment, net	$ 135,664
Weighted Average Remaining Lease Term (in years)
Operating leases	12 years 2 months 19 days
Finance leases	21 years 7 months 20 days
Weighted Average Discount Rate
Operating leases	9.42%
Finance leases	10.60%

Leases - Lease Maturities (Deta

Leases - Lease Maturities (Details) $ in Thousands	Mar. 30, 2019USD ($)
Operating leases
2019	$ 9,709
2020	8,550
2021	7,076
2022	6,193
2023	5,402
Thereafter	50,860
Total lease payments	87,790
Less: imputed interest	(32,173)
Total	55,617
Finance leases
2019	15,911
2020	20,313
2021	17,664
2022	16,678
2023	16,095
Thereafter	295,927
Total lease payments	382,588
Less: imputed interest	(232,724)
Total	$ 149,864

Leases - Minimum Payments Due (

Leases - Minimum Payments Due (Details) $ in Thousands	Dec. 29, 2018USD ($)
Leases [Abstract]
2019	$ 11,980
2020	9,928
2021	8,435
2022	8,066
2022	7,539
Thereafter	60,847
Total	$ 106,795

Commitments and Contingencies (

Commitments and Contingencies (Details)	Mar. 30, 2019employee
Other Commitments [Line Items]
Percentage of employees represented by various labor unions	20.00%
Percentage Of Employees Covered By CBAs, Or Expired And Under Negotiation	5.00%
Minimum
Other Commitments [Line Items]
Entity number of employees	2,200

Accumulated Other Comprehensi_3

Accumulated Other Comprehensive Loss (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 30, 2019	Mar. 31, 2018
Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]
Beginning balance	$ (14,663)	$ 35,002
Other comprehensive income (loss), net of tax	1,099	209
Ending balance	(18,285)	22,096
Total Accumulated Other Comprehensive Loss
Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]
Beginning balance	(37,129)	(36,507)
Ending balance	(36,030)	$ (36,298)
Foreign currency, net of tax
Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]
Beginning balance	660
Other comprehensive income (loss), net of tax	7
Ending balance	667
Defined benefit pension plan, net of tax
Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]
Beginning balance	(38,001)
Other comprehensive income (loss), net of tax	1,077
Ending balance	(36,924)
Other, net of tax
Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]
Beginning balance	212
Other comprehensive income (loss), net of tax	15
Ending balance	227
Accumulated defined benefit plan adjustment, net gain (loss) attributable to parent
Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]
Reclassification of actuarial loss	1,100
Reclassification of actuarial loss, tax	$ 400

Earnings (Loss) per Share (Deta

Earnings (Loss) per Share (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 30, 2019	Mar. 31, 2018
Earnings Per Share [Abstract]
Antidilutive securities excluded from diluted shares calculation (in shares)	100	200
Net loss	$ (6,719)	$ (13,427)
Weighted-average shares outstanding - basic (in shares)	9,337	9,137
Dilutive effect of share-based awards (in shares)	0	0
Weighted-average shares outstanding - diluted (in shares)	9,337	9,137
Basic loss per share (in dollars per share)	$ (0.72)	$ (1.47)
Diluted loss per share (in dollars per share)	$ (0.72)	$ (1.47)

Uncategorized Items - bxc033020

Label	Element	Value
Retained Earnings [Member]
Cumulative Effect of New Accounting Principle in Period of Adoption	us-gaap_CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption	$ 1,291,000