XML 86 R64.htm IDEA: XBRL DOCUMENT v3.7.0.1
Guarantor and Non-Guarantor Financial Information - Schedule of Condensed Consolidating Statements of Cash Flows (Details) - USD ($)
$ in Thousands
6 Months Ended
Jul. 01, 2017
Jul. 02, 2016
Condensed Consolidating Statements of Operations    
Net cash (used in) provided by operating activities $ 11,149 $ (26,500)
Cash flow from investing activities:    
Acquisitions, net of cash acquired (213,124) (296,664)
Purchase of property, plant and equipment (109,088) (91,669)
Proceeds from the sale of property, plant, and equipment 8,411 9,442
Other 137 1,500
Net cash used for investing activities (313,664) (377,391)
Cash flow from financing activities:    
Capital issuance costs (627) (136)
Net proceeds from debt issuance 302,000 321,000
Payments on long-term debt (9,288) (63,676)
Payments on acquisition-related liabilities (17,204) (25,662)
Financing costs (5,308) (5,110)
Distributions from partnership (79) (373)
Other 4,904 113
Net cash provided by financing activities 511,998 226,156
Impact of cash on foreign currency 188 498
Net increase (decrease) in cash 209,671 (177,237)
Cash and cash equivalents-beginning of period 143,392 186,405
Cash and cash equivalents-end of period 353,063 9,168
Summit Materials, LLC    
Condensed Consolidating Statements of Operations    
Net cash (used in) provided by operating activities 11,612 (26,500)
Cash flow from investing activities:    
Acquisitions, net of cash acquired (213,124) (296,664)
Purchase of property, plant and equipment (109,088) (91,669)
Proceeds from the sale of property, plant, and equipment 8,411 9,442
Other 137 1,500
Net cash used for investing activities (313,664) (377,391)
Cash flow from financing activities:    
Proceeds from investment by member   113
Proceeds from Partnership Contribution 243,593 113
Capital issuance costs (627) (136)
Net proceeds from debt issuance 302,000 321,000
Payments on long-term debt (9,288) (63,676)
Payments on acquisition-related liabilities (14,704) (23,162)
Financing costs (5,308) (5,110)
Distributions from partnership (2,579) (2,873)
Other (832)  
Net cash provided by financing activities 512,255 226,156
Impact of cash on foreign currency 188 498
Net increase (decrease) in cash 210,391 (177,237)
Cash and cash equivalents-beginning of period 142,672 185,388
Cash and cash equivalents-end of period 353,063 8,151
Summit Materials, LLC | Eliminations    
Cash flow from financing activities:    
Loans received from and payments made on loans from other Summit Companies (2,344) (2,147)
Net cash provided by financing activities (2,344) (2,147)
Net increase (decrease) in cash (2,344) (2,147)
Cash and cash equivalents-beginning of period (10,666) (11,600)
Cash and cash equivalents-end of period (13,010) (13,747)
Summit Materials, LLC | Issuers    
Condensed Consolidating Statements of Operations    
Net cash (used in) provided by operating activities (57,616) (101,568)
Cash flow from investing activities:    
Acquisitions, net of cash acquired (15,000) (60,670)
Purchase of property, plant and equipment (2,537) (2,322)
Net cash used for investing activities (17,537) (62,992)
Cash flow from financing activities:    
Proceeds from investment by member   (448,597)
Proceeds from Partnership Contribution 128,538  
Capital issuance costs (627) (136)
Net proceeds from debt issuance   321,000
Loans received from and payments made on loans from other Summit Companies (130,366) 189,466
Payments on long-term debt (5,250) (60,250)
Payments on acquisition-related liabilities   (400)
Financing costs (5,308) (5,110)
Distributions from partnership (2,579) (2,873)
Other (391)  
Net cash provided by financing activities 286,017 (6,900)
Net increase (decrease) in cash 210,864 (171,460)
Cash and cash equivalents-beginning of period 133,862 180,712
Cash and cash equivalents-end of period 344,726 9,252
Summit Materials, LLC | Guarantors    
Condensed Consolidating Statements of Operations    
Net cash (used in) provided by operating activities 49,299 77,254
Cash flow from investing activities:    
Acquisitions, net of cash acquired (172,523) (235,994)
Purchase of property, plant and equipment (105,116) (89,071)
Proceeds from the sale of property, plant, and equipment 8,352 9,422
Other 137  
Net cash used for investing activities (269,150) (314,143)
Cash flow from financing activities:    
Proceeds from investment by member   448,710
Proceeds from Partnership Contribution 104,338  
Loans received from and payments made on loans from other Summit Companies 132,577 (187,411)
Payments on long-term debt (4,038) (3,426)
Payments on acquisition-related liabilities (14,704) (22,762)
Other (420)  
Net cash provided by financing activities 217,753 235,111
Net increase (decrease) in cash (2,098) (1,778)
Cash and cash equivalents-beginning of period 4,820 4,068
Cash and cash equivalents-end of period 2,722 2,290
Summit Materials, LLC | Non Guarantors    
Condensed Consolidating Statements of Operations    
Net cash (used in) provided by operating activities 19,929 (2,186)
Cash flow from investing activities:    
Acquisitions, net of cash acquired (25,601)  
Purchase of property, plant and equipment (1,435) (276)
Proceeds from the sale of property, plant, and equipment 59 20
Net cash used for investing activities (26,977) (256)
Cash flow from financing activities:    
Proceeds from Partnership Contribution 10,717  
Loans received from and payments made on loans from other Summit Companies 133 92
Other (21)  
Net cash provided by financing activities 10,829 92
Impact of cash on foreign currency 188 498
Net increase (decrease) in cash 3,969 (1,852)
Cash and cash equivalents-beginning of period 14,656 12,208
Cash and cash equivalents-end of period $ 18,625 $ 10,356