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Earnings per Share (Tables)
6 Months Ended
Jun. 30, 2013
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]
The following table sets forth the computation of basic and diluted earnings per share:
Dollar and share amounts in millions, except per
share amounts
Quarter Ended June 30,
 
Six Months Ended June 30,
2013
 
2012
 
2013
 
2012
Numerator:
 
 
 
 
 
 
 
Income (loss) attributed to LP common shares:
 
 
 
 
 
 
 
Income (loss) from continuing operations
$
94.2

 
$
(37.2
)
 
$
159.6

 
$
(48.4
)
Loss from discontinued operations
(0.1
)
 
(0.1
)
 
(0.2
)
 
(0.2
)
Net income (loss)
$
94.1

 
$
(37.3
)
 
$
159.4

 
$
(48.6
)
Denominator:
 
 
 
 
 
 
 
Basic - weighted average common shares outstanding
139.1

 
137.0

 
138.8

 
136.8

Dilutive effect of stock warrants
2.7

 

 
2.9

 

Dilutive effect of stock plans
2.3

 

 
2.6

 

Diluted shares outstanding
144.1

 
137.0

 
144.3

 
136.8

Basic earnings per share:
 
 
 
 
 
 
 
Income (loss) from continuing operations
$
0.68

 
$
(0.27
)
 
$
1.15

 
$
(0.35
)
Loss from discontinued operations

 

 

 

Net income (loss) per share
$
0.68

 
$
(0.27
)
 
$
1.15

 
$
(0.35
)
Diluted earnings per share:
 
 
 
 
 
 
 
Income (loss) from continuing operations
$
0.65

 
$
(0.27
)
 
$
1.10

 
$
(0.35
)
Loss from discontinued operations

 

 

 

Net income (loss) per share
$
0.65

 
$
(0.27
)
 
$
1.10

 
$
(0.35
)