Business Context and Reporting Period
This Form 8-K Current Report was filed by BlueLinx Holdings Inc. on March 30, 2015. The filing addresses a change in the Company's independent registered public accounting firm for the fiscal year ending January 2, 2016.
Key Financial Metrics
This filing does not contain financial performance data such as revenue, profit, cash flow, margins, debt, or liquidity metrics. The document is strictly procedural regarding the appointment of an auditor.
Material Changes
The primary material change reported is the replacement of the Company's independent auditor:
- Outgoing Auditor: Ernst & Young LLP was dismissed from the role of independent registered public accounting firm.
- Incoming Auditor: BDO USA, LLP was engaged to serve as the independent registered public accounting firm for the fiscal year ending January 2, 2016.
- Reasoning: The change resulted from a competitive process conducted by the Audit Committee of the Board of Directors.
Management Commentary, Risks, and Contingencies
The filing provides specific assurances regarding the transition:
- Audit Opinions: Ernst & Young LLP's reports for the fiscal years ended January 3, 2015, and January 4, 2014, did not contain adverse opinions, disclaimers, or qualifications regarding uncertainty, audit scope, or accounting principles.
- Disagreements: There were no "disagreements" or "reportable events" between the Company and Ernst & Young LLP during the relevant periods.
- Consultations: The Company had not consulted with BDO USA, LLP regarding accounting principles or audit opinions prior to this engagement.
- Confirmation: Ernst & Young LLP was provided a copy of this report and submitted a letter (Exhibit 16.1) stating they agreed with the statements made herein.
Investor Verification Checklist
- Verify the effective date of the new auditor engagement (Fiscal year ending January 2, 2016).
- Review the letter from Ernst & Young LLP (Exhibit 16.1) to confirm their concurrence with the filing's statements.
- Monitor future filings for the first audit report issued by BDO USA, LLP to ensure continuity in financial reporting standards.