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Selected Segment Data
9 Months Ended
Sep. 30, 2018
Segment Reporting [Abstract]  
Selected Segment Data
SELECTED SEGMENT DATA
We operate in four segments: Siding, OSB, EWP and South America. Our business units have been aggregated into these four segments based upon the similarity of economic characteristics, customers and distribution methods. Our 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 our Annual Report on Form 10-K for the year ended December 31, 2017.
 
Quarter Ended
 
Nine Months Ended
 
September 30,
 
September 30,
Dollar amounts in millions
2018
 
2017
 
2018
 
2017
Net sales
 
 
 
 
 
 
 
Siding
$
240.8

 
$
226.2

 
$
729.4

 
$
671.2

OSB
349.1

 
350.9

 
1,049.8

 
944.3

EWP
104.8

 
98.1

 
314.6

 
274.4

South America
34.5

 
38.3

 
122.2

 
114.8

Other
7.6

 
6.5

 
22.9

 
22.3

Intersegment sales

 
(1.7
)
 

 
(3.7
)
 
$
736.8

 
$
718.3

 
$
2,238.9

 
$
2,023.3

Operating profit (loss):
 
 
 
 
 
 
 
Siding
$
59.8

 
$
53.3

 
$
167.8

 
$
142.9

OSB
114.8

 
126.8

 
369.6

 
290.6

EWP
8.5

 
6.5

 
19.9

 
12.6

South America
6.5

 
5.8

 
25.0

 
16.4

Other
(1.2
)
 
(1.6
)
 
(2.9
)
 
(2.7
)
Other operating credits and charges, net
6.3

 
0.9

 
11.2

 
(4.5
)
Gain (loss) on sale or impairment of long-lived assets, net
(0.3
)
 
(0.7
)
 
0.3

 
1.8

General corporate and other expenses, net
(27.9
)
 
(29.5
)
 
(82.8
)
 
(84.1
)
Interest expense, net of capitalized interest
(3.9
)
 
(4.9
)
 
(12.7
)
 
(14.8
)
Investment income
5.5

 
2.9

 
13.5

 
7.2

Other non-operating items
(2.2
)
 
(2.2
)
 
(4.3
)
 
(7.2
)
Income from continuing operations before taxes
165.9

 
157.3

 
504.6

 
358.2

Provision for income taxes
41.8

 
46.4

 
122.7

 
97.9

Income from continuing operations
$
124.1

 
$
110.9

 
$
381.9

 
$
260.3