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Selected Segment Data
 6 Months Ended
Jun. 30, 2015
Segment Reporting [Abstract]  
Selected Segment Data
SELECTED SEGMENT DATA
LP operates in four segments: Oriented Strand Board (OSB), Siding, Engineered Wood Products (EWP) and South America. LP’s business units have been aggregated into these four segments based upon the similarity of economic characteristics, customers and distribution methods. LP’s results of operations are summarized below for each of these segments separately as well as for the “other” category which comprises other products that are not individually significant. Segment information was prepared in accordance with the same accounting principles as those described in Note 1 of the Notes to the financial statements included in LP’s Annual Report on Form 10-K for the year ended December 31, 2014.
 
Quarter Ended June 30,
 
Six Months Ended June 30,
Dollar amounts in millions
2015
 
2014
 
2015
 
2014
Net sales:
 
 
 
 
 
 
 
OSB
$
211.0

 
$
223.7

 
$
401.2

 
$
418.6

Siding
163.9

 
169.7

 
337.4

 
313.2

Engineered Wood Products
72.0

 
75.9

 
136.8

 
138.1

South America
38.7

 
41.9

 
74.6

 
78.5

Other
7.4

 
8.7

 
14.7

 
16.6

Intersegment Sales
—

 
(1.4
)
 
—

 
(1.8
)
 
$
493.0

 
$
518.5

 
$
964.7

 
$
963.2

Operating profit (loss):
 
 
 
 
 
 
 
OSB
$
(18.1
)
 
$
(5.5
)
 
$
(46.5
)
 
$
(7.4
)
Siding
29.2

 
25.9

 
62.1

 
45.1

Engineered Wood Products
(2.3
)
 
(5.3
)
 
(6.4
)
 
(8.4
)
South America
2.0

 
4.0

 
4.4

 
8.2

Other
(1.0
)
 
(1.0
)
 
(1.9
)
 
(1.7
)
Other operating charges and credits, net
—

 
(0.6
)
 
(11.6
)
 
(0.6
)
Gain (loss) on sale or impairment of long-lived assets
(0.5
)
 
0.5

 
(0.6
)
 
0.5

General corporate and other expenses, net
(22.0
)
 
(20.7
)
 
(44.7
)
 
(48.0
)
Other non-operating income (expense)
0.4

 
3.8

 
(1.8
)
 
(0.5
)
Interest income
1.0

 
1.7

 
2.4

 
3.5

Interest expense, net of capitalized interest
(7.2
)
 
(7.4
)
 
(14.7
)
 
(15.1
)
Loss from operations before taxes
(18.5
)
 
(4.6
)
 
(59.3
)
 
(24.4
)
Benefit for income taxes
1.0

 
(6.7
)
 
(5.3
)
 
(12.3
)
Net income (loss)
$
(19.5
)
 
$
2.1

 
$
(54.0
)
 
$
(12.1
)