Aug 08, 2012. /Lesprom Network/. Boise Cascade Holdings, L.L.C. reported 2Q 2012 net income of $15 million and earnings before interest, taxes, depreciation, and amortization (EBITDA) of $28.2 million. Sales in 2Q 2012 were $733 million, a 24% increase over the same quarter a year ago, as the company said in the press release received by Lesprom Network. Reported net loss and EBITDA was $9.9 million and $3.9 million, respectively, in 2Q 2011. First quarter 2012 net income and EBITDA was $1.7 million and $14.6 million, respectively. The Company generated $9.6 million of cash during the 2Q 2012 driven by improved operating results. At June 30, 2012, Boise Cascade had total available liquidity of $412.5 million, with $174.1 million in cash and committed bank line availability of $238.4 million. 2Q 2012 revenues and earnings were higher on improved demand for products and commodity price increases relative to the year-ago quarter. The Company's revenues and earnings continue to be impacted by demand below historical levels for the products it distributes and manufactures. However, improved residential construction activity and market share gains in engineered wood products (EWP) and plywood contributed to an improved second quarter. U.S. housing starts increased approximately 29% in 2Q 2012 from the levels experienced in 2011. Single-family starts, which are a primary driver of the Company's sales, experienced an increase of 23% from the year-ago quarter. Blue Chip consensus forecast for U.S. housing starts for 2012 was 740,000 as of July 10, 2012. The final U.S. housing starts level reported for 2011 was 609,000. “Our improved operating results experienced in the 1Q continued into the 2Q. We are encouraged by the improved operating environment and are cautiously optimistic the improved demand for our products will carry through to the second half of the year. Our strong liquidity position has allowed us to take advantage of the improvement in the markets and of business opportunities,” commented Tom Carlile, CEO. Building Materials Distribution (BMD) segment sales were $580.5 million in 2Q 2012, up 23% from the same quarter a year ago. Volumes for the segment were up approximately 15%, with prices up about 8%. BMD reported $10.9 million of EBITDA in 2Q 2012, compared to $3.4 million and $1.4 million in 2Q 2011 and 1Q 2012, respectively. Wood Products segment sales in the 2Q 2012 were $241.8 million, up 33% from the same quarter a year ago. The increase in sales was due primarily to higher plywood volumes and prices and increased EWP shipments, offset in part by lower EWP sales price realizations. The segment reported $21.7 million of EBITDA in 2Q 2012 compared to $4.5 million and $16.7 million in 2Q 2011 and 1Q 2012, respectively. Boise Cascade is a leading U.S. wholesale distributor of building products and one of the largest producers of engineered wood products and plywood in North America.