Builders FirstSource Inc., adjusted current assets

US$ in thousands

	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018
As Reported
Current assets	3,497,647)	3,968,269)	2,223,682)	1,306,867)	1,373,751)
Adjustments
Add: Allowance for credit losses	50,383)	21,761)	5,774)	5,936)	6,195)
After Adjustment
Adjusted current assets	3,548,030)	3,990,030)	2,229,456)	1,312,803)	1,379,946)

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Builders FirstSource Inc., adjusted total assets

US$ in thousands

	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018
As Reported
Total assets	10,595,160)	10,714,343)	4,173,671)	3,249,490)	2,932,309)
Adjustments
Add: Operating lease right-of-use asset (before adoption of FASB Topic 842)¹	—)	—)	—)	—)	273,290)
Add: Allowance for credit losses	50,383)	21,761)	5,774)	5,936)	6,195)
Less: Deferred tax assets²	—)	—)	4,653)	8,417)	22,766)
After Adjustment
Adjusted total assets	10,645,543)	10,736,104)	4,174,792)	3,247,009)	3,189,028)

¹ Operating lease right-of-use asset (before adoption of FASB Topic 842). See details »

² Deferred tax assets. See details »

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Builders FirstSource Inc., adjusted total liabilities

US$ in thousands

	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018
As Reported
Total liabilities	5,632,594)	5,911,862)	3,020,888)	2,424,537)	2,335,971)
Adjustments
Add: Operating lease liability (before adoption of FASB Topic 842)¹	—)	—)	—)	—)	273,290)
Less: Deferred tax liabilities²	269,660)	362,121)	49,495)	36,645)	—)
After Adjustment
Adjusted total liabilities	5,362,934)	5,549,741)	2,971,393)	2,387,892)	2,609,261)

¹ Operating lease liability (before adoption of FASB Topic 842). See details »

² Deferred tax liabilities. See details »

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Builders FirstSource Inc., adjusted stockholders’ equity

US$ in thousands

	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018
As Reported
Stockholders’ equity	4,962,566)	4,802,481)	1,152,783)	824,953)	596,338)
Adjustments
Less: Net deferred tax asset (liability)¹	(269,660)	(362,121)	(44,842)	(28,228)	22,766)
Add: Allowance for credit losses	50,383)	21,761)	5,774)	5,936)	6,195)
After Adjustment
Adjusted stockholders’ equity	5,282,609)	5,186,363)	1,203,399)	859,117)	579,767)

¹ Net deferred tax asset (liability). See details »

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Builders FirstSource Inc., adjusted capitalization table

US$ in thousands

	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018
As Reported
Current maturities of long-term debt	6,355)	3,660)	27,335)	13,875)	15,565)
Long-term debt, net of current maturities, discounts and issuance costs	2,977,842)	2,926,122)	1,596,905)	1,277,398)	1,545,729)
Total reported debt	2,984,197)	2,929,782)	1,624,240)	1,291,273)	1,561,294)
Stockholders’ equity	4,962,566)	4,802,481)	1,152,783)	824,953)	596,338)
Total reported capital	7,946,763)	7,732,263)	2,777,023)	2,116,226)	2,157,632)
Adjustments to Debt
Add: Operating lease liability (before adoption of FASB Topic 842)¹	—)	—)	—)	—)	273,290)
Add: Current portion of operating lease liabilities²	100,758)	96,680)	61,625)	61,653)	—)
Add: Noncurrent portion of operating lease liabilities³	404,463)	375,289)	219,239)	236,948)	—)
Adjusted total debt	3,489,418)	3,401,751)	1,905,104)	1,589,874)	1,834,584)
Adjustments to Equity
Less: Net deferred tax asset (liability)⁴	(269,660)	(362,121)	(44,842)	(28,228)	22,766)
Add: Allowance for credit losses	50,383)	21,761)	5,774)	5,936)	6,195)
Adjusted stockholders’ equity	5,282,609)	5,186,363)	1,203,399)	859,117)	579,767)
After Adjustment
Adjusted total capital	8,772,027)	8,588,114)	3,108,503)	2,448,991)	2,414,351)

¹ Operating lease liability (before adoption of FASB Topic 842). See details »

² Current portion of operating lease liabilities. See details »

³ Noncurrent portion of operating lease liabilities. See details »

⁴ Net deferred tax asset (liability). See details »

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Builders FirstSource Inc., adjusted net income

US$ in thousands

12 months ended:	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018
As Reported
Net income	2,749,369)	1,725,416)	313,537)	221,809)	205,191)
Adjustments
Add: Deferred income tax expense (benefit)¹	(92,461)	(34,573)	16,614)	50,994)	51,823)
Add: Increase (decrease) in allowance for credit losses	28,622)	15,987)	(162)	(259)	1,222)
Add: Other comprehensive income	—)	—)	—)	—)	—)
After Adjustment
Adjusted net income	2,685,530)	1,706,830)	329,989)	272,544)	258,236)

¹ Deferred income tax expense (benefit). See details »

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Builders FirstSource Inc. (NYSE:BLDR)

Adjustments to Financial Statements