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Consolidated Statement of Income - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Net sales $ 585.0 $ 582.0
Cost of sales (477.0) (501.0)
Gross Profit 108.0 81.0
Selling, general, and administrative expenses (55.0) (56.0)
Impairment of long-lived assets (7.0) (1.0)
Other Operating Charges And Credits, Net (2.0) (2.0)
Income from operations 44.0 22.0
Non-operating income (expense):    
Interest expense, net (7.0) 1.0
Other operating credits and charges, net 5.0 11.0
Income before income taxes 42.0 34.0
Provision for income taxes (9.0) (7.0)
Net income 33.0 26.0
Net loss attributed to noncontrolling interest 0.0 1.0
Net income attributed to LP $ 33.0 $ 27.0
Basic net income per share of common stock:    
Net income per share - basic $ 0.29 $ 0.20
Diluted net income per share of common stock    
Net income per share - diluted $ 0.29 $ 0.20
Basic 112,000,000 131,000,000
Weighted average shares of stock outstanding - diluted 113,000,000 132,000,000