Boise Cascade Company (NYSE:BCC) Q2 2022 Earnings Conference Call August 2, 2022 11:00 AM ET

Company Participants

Kelly Hibbs - SVP, Chief Financial Officer and Treasurer

Nate Jorgensen - Chief Executive Officer

Mike Brown - Executive Vice President

Jeff Strom - Executive Vice President

Conference Call Participants

Susan Maklari - Goldman Sachs

Kurt Yinger - D.A. Davidson

Reuben Garner - Benchmark

George Staphos - Bank of America

Michael Roxland – Truist

Operator

Good morning. My name is Jonathan, and I will be your conference facilitator today. At this time, I would like to welcome everyone to Boise Cascade's Second Quarter 2022 Conference Call. All lines have been placed on mute to prevent any background noise. After the speakers' remarks, there will be a question-and-answer period. [Operator Instructions].

Before we begin, I remind you that this call may contain forward-looking statements about the Company's future business prospects and anticipated financial performance. These statements are not guarantees of future performance, and the Company undertakes no duty to update them. Although, these statements reflect management's expectations today, they are subject to a number of business risks and uncertainties. Actual results may differ materially from those expressed or implied in this call. For a discussion of the factors that may cause the actual results to differ from the results anticipated, please refer to Boise Cascade's recent filings with the SEC.

It is now my pleasure to introduce you to Kelly Hibbs, Senior Vice President, CFO and Treasurer of Boise Cascade. Mr. Hibbs, you may begin your call.

Kelly Hibbs

Thank you, Jonathan, and good morning everyone. I would like to welcome you to Boise Cascade's second quarter 2022 earnings call and business update. Joining me on today's call are Nate Jorgensen, our CEO; Mike Brown, Head of our Wood Products Operations; and Jeff Strom, Head of our Building Materials Distribution Operations.

Turning to Slide 2. I would point out the information regarding our forward-looking statements. The appendix includes reconciliations from our GAAP net income to EBITDA and adjusted EBITDA and segment income to segment EBITDA. In addition, our second quarter press release and fully revamped investor presentation are available at the investor relations section of our website.

I will now turn the call over to Nate.

Nate Jorgensen

Thanks, Kelly. Good morning, everyone. Thank you for joining us for our earnings call today. I'm on Slide 3. As recently announced, we completed the acquisition of the Coastal Plywood Company and I'm pleased to welcome our new associates to the Boise Cascade team. We will provide additional details on this transaction following the discussion of our financial results.