LOUISIANA-PACIFIC CORPORATION LPX Income Statement

Louisiana-pacific corporation (LPX)

Income statement / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Mar'10
Other Comprehensive Income (Loss), Unrealized Gain (Loss) on Derivatives Arising During Period, Net of Tax
-	-	-	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net sales
585,000	537,000	603,000	588,000	582,000	588,700	737,000	811,000	691,300	710,700	718,300	694,100	610,900	550,000	596,400	582,400	504,600	462,900	464,900	493,000	471,700	453,500	518,100	518,500	444,700	479,700	507,400	567,000	531,100	439,800	462,100	427,800	361,500	284,000	350,600	362,400	331,700	316,300	322,800	447,500	297,000
Operating costs and expenses:
Cost of sales
477,000	467,000	529,000	510,000	501,000	495,500	524,000	550,000	514,500	495,700	507,700	511,800	482,800	527,900	442,600	443,100	415,500	395,300	416,200	443,400	427,800	430,900	477,000	461,500	388,400	415,400	416,300	418,000	387,200	345,600	364,400	359,900	313,300	269,300	322,000	336,300	295,000	284,500	289,100	346,300	268,000
Gross Profit
108,000	69,000	75,000	78,000	81,000	93,200	213,000	261,000	176,800	215,000	210,600	182,300	128,100	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Depreciation and amortization
-	-	-	-	-	-	-	-	-	-	-	-	-	-	29,600	28,500	27,900	24,000	25,900	25,300	26,700	23,300	26,900	24,900	25,600	26,300	25,800	20,600	18,600	17,600	18,800	17,900	19,100	17,100	19,600	20,200	21,400	20,500	18,700	22,400	20,400
Selling, general, and administrative expenses
55,000	58,000	58,000	58,000	56,000	57,400	51,000	50,000	50,600	45,800	49,300	47,200	48,700	49,300	47,000	46,500	42,300	37,900	38,300	37,900	38,700	40,800	31,900	35,900	40,900	46,500	33,500	35,000	35,200	35,900	30,500	30,700	31,300	27,900	26,500	27,600	28,800	31,600	27,700	29,400	30,100
Impairment of long-lived assets
-7,000	-	-5,000	0	-1,000	-	0	0	600	-	-700	3,100	-600	9,400	-300	-700	0	-600	-900	-500	-100	7,200	-3,600	-500	0	-	300	-700	-	-400	-4,300	-100	-100	-900	-65,000	-2,500	-5,500	-300	-900	100	-1,300
Other Operating Charges And Credits, Net
-2,000	1,000	-3,000	3,000	-2,000	-9,400	6,000	5,000	400	-	900	2,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	22,400	-9,800	-600	-800	2,700	-2,300	-600	100
Other operating credits and charges, net
-	-	-	-	-	-	-	-	-	-	-	-	3,400	-	0	11,400	0	-	1,000	0	11,600	-	500	600	0	-	-16,100	5,400	1,600	-	1,200	200	-200	-	-	-1,500	-	-	-	-	-
Total operating costs and expenses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	519,500	530,200	485,700	461,500	482,300	507,100	504,900	502,400	532,700	522,400	454,900	501,700	459,800	478,300	442,600	395,400	419,200	408,800	363,600	315,200	423,300	386,000	349,900	334,200	338,700	398,600	319,700
Income from operations
44,000	-73,000	8,000	23,000	22,000	15,800	168,000	215,000	127,200	159,900	161,500	136,200	75,400	62,200	76,900	52,200	18,900	1,400	-17,400	-14,100	-33,200	-48,900	-14,600	-3,900	-10,200	-22,000	47,600	88,700	88,500	44,400	42,900	19,000	-2,100	-31,200	-72,700	-23,600	-18,200	-17,900	-15,900	48,900	-22,700
Non-operating income (expense):
Interest expense, net
-7,000	-4,000	-4,000	-2,000	1,000	-	2,000	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest Expense
-	-	-	-	-	-	-	-	4,400	-	4,900	4,900	5,000	5,800	9,000	9,300	8,000	8,100	8,400	7,200	7,500	6,400	8,300	7,400	7,700	8,000	7,600	9,800	10,600	12,900	10,700	13,100	12,600	14,300	14,200	14,400	14,000	14,100	15,300	17,700	16,800
Investment income
-	-	-	-	-	-	-	-	3,200	-	2,900	2,300	2,000	1,800	2,500	2,100	1,800	1,500	500	1,000	1,400	1,100	900	1,700	1,800	2,000	1,700	3,100	3,500	3,100	4,100	3,400	4,200	4,500	16,700	3,500	4,000	23,300	4,900	4,300	5,900
Loss on early debt extinguishment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-13,200	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	0	-52,200	-	-	0	0	-	-	-	-	-
Other operating credits and charges, net
5,000	-2,000	-1,000	-2,000	11,000	400	-2,000	-1,000	-1,400	-6,800	-2,200	-3,100	-1,900	-22,800	-500	1,400	500	200	-3,700	400	-2,200	-	-	-	-	-	-	-	-700	-	400	-2,600	-100	-	-4,000	600	1,800	-	-400	-100	1,500
Other-than-temporary investment impairment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	16,900	-	-
Other non-operating items
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,200	-	-1,300	3,800	-4,300	-	200	32,300	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on acquisition
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-
Total non-operating income (expense)
-	-	-	-	-	-	-	-	-2,600	-	-4,200	-5,700	-4,900	-13,600	-20,200	-5,800	-5,700	-6,400	-11,600	-5,800	-8,300	-6,600	-8,700	-1,900	-10,200	-8,300	-5,700	25,600	-7,800	9,800	-6,200	-64,500	-8,500	-24,000	-1,500	-10,300	-8,200	10,300	-27,700	-13,500	-9,400
Income before income taxes
42,000	-79,000	3,000	19,000	34,000	17,400	167,000	215,000	124,600	151,700	157,300	130,500	70,500	48,600	56,700	46,400	13,200	-5,000	-29,000	-19,900	-41,500	-55,500	-23,300	-5,800	-20,400	-30,300	41,900	114,300	80,700	54,200	36,700	-45,500	-10,600	-55,200	-74,200	-33,900	-26,400	-7,600	-43,600	35,400	-32,100
Provision for income taxes
-9,000	-12,000	3,000	3,000	-7,000	-700	42,000	51,000	29,700	21,100	46,400	36,000	15,500	6,700	-7,500	16,200	4,400	5,000	-2,400	1,000	-6,300	-11,300	-3,600	-6,700	-5,600	-10,500	4,400	24,300	22,900	11,600	7,700	-11,100	-1,200	-5,000	-20,900	-8,400	-6,800	-8,100	-16,400	12,700	-10,300
Equity in unconsolidated affiliate
-	-	0	0	-	-	1,000	1,000	-	-	0	0	-	800	1,400	1,500	1,500	2,600	2,000	1,400	700	1,200	1,400	1,200	600	600	0	4,100	7,200	4,300	2,000	-2,800	-1,800	-10,200	-6,000	-7,400	-3,300	-2,900	-3,700	900	-700
Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest
-	-	1,000	15,000	-	17,100	124,000	163,000	94,900	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-14,200	-19,200	37,500	94,100	65,000	46,900	31,000	-37,200	-11,200	-60,400	-59,300	-32,900	-22,900	-2,400	-30,900	23,600	-22,500
Loss from discontinued operations before taxes
-	-	-	0	-	-	-	0	-5,300	-300	-1,700	0	0	-	0	-	-	-	-2,900	-	-	-	-3,200	-	-	-1,900	1,000	200	300	-1,300	500	-100	-200	5,800	-10,300	-4,100	0	-6,800	-1,300	-2,000	-300
Provision for income taxes from discontinued operations
-	-	-	0	-	-	-	0	-1,300	-400	-600	0	0	-	0	-	-	-	-1,000	-	-	-	-1,100	-	-	-700	400	0	200	-500	200	0	-100	2,600	-4,000	-1,600	0	-2,600	-500	-800	-100
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-1,200	600	200	100	-800	300	-100	-100	3,200	-6,300	-2,500	0	-4,200	-800	-1,200	-200
Loss from discontinued operations
-	-	0	0	-	-	0	0	-4,000	-	-1,100	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income
33,000	-53,000	1,000	16,000	26,000	17,100	124,000	163,000	90,900	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-57,200	-65,600	-35,400	-22,900	-6,600	-31,700	22,400	-22,700
Net loss attributed to noncontrolling interest
0	-	-1,000	-2,000	-1,000	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Income (Loss) Attributable to Noncontrolling Interest
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	100	100	200	300	100	-200
Net Income (Loss) Attributable to Parent
33,000	-51,000	2,000	17,000	27,000	17,000	124,000	163,000	91,000	130,700	109,800	94,500	55,000	42,200	65,600	31,700	10,300	-7,600	-26,500	-19,500	-34,500	-	-20,400	2,100	-	-	38,100	94,300	65,100	-	31,300	-37,300	-11,300	-57,200	-65,600	-35,500	-23,000	-6,800	-32,000	22,300	-22,500
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent
-	-	2,000	17,000	-	17,000	124,000	163,000	95,000	130,600	110,900	94,500	55,000	-	65,600	-	-	-	-24,600	-	-	-	-18,300	-	-	-	-	-	-	-	-	-	-	-60,400	-59,300	-33,000	-23,000	-	-31,200	23,500	-
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent
-	-	0	0	-	0	0	0	-4,000	-	-	-	-	-	-	-	-	-	-1,900	-	-	-	-2,100	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Average shares of stock outstanding - basic and diluted
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	125,900
Loss from continuing operations, net of tax
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-22,300
Loss from discontinued operations, net of tax
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-6,300	-2,500	0	-	-800	-1,200	-200
Net income (loss) attributed to Louisiana-Pacific Corporation
33,000	-51,000	2,000	17,000	27,000	17,000	124,000	163,000	91,000	130,700	109,800	94,500	55,000	-	65,600	31,700	-	-	-	-	-	-	-	-	-	-	-	-	-	-	31,300	-37,300	-11,300	-57,200	-65,600	-35,500	-23,000	-6,800	-32,000	22,300	-22,500
Basic net income per share of common stock:
Income per share from continuing operations
-	-	0.02	0.14	-	0.13	0.87	1.13	0.66	0.91	0.77	0.65	0.38	-	0.46	-	-	-	-0.17	-	-	-	-0.13	-	-	-0.14	0.27	0.67	0.47	0.34	0.23	-0.27	-0.08	-0.45	-0.44	-0.25	-0.18	-0.02	-0.23	0.18	-0.18
Loss per share discontinued operations
-	-	0.00	0.00	-	-0.03	0.00	0.00	0.00	-0.01	0.00	0.00	0.00	-	0.00	-	-	-	-0.02	-	-	-	-0.01	-	-	0.00	0.00	0.01	0.00	0.00	0.00	0.00	0.00	0.00	-0.05	-0.02	0.00	0.00	-0.01	-0.01	0.00
Net income per share - basic
0.29	-0.40	0.02	0.14	0.20	0.13	0.87	1.13	0.63	0.91	0.76	0.65	0.38	0.29	0.46	0.22	0.07	-0.05	-0.19	-0.14	-0.24	-0.30	-0.14	0.01	-0.10	-0.15	0.27	0.68	0.47	0.33	0.23	-0.27	-0.08	-0.42	-0.49	-0.27	-0.18	-0.05	-0.24	0.17	-0.18
Diluted net income per share of common stock
Income per share from continuing operations
-	-	0.02	0.14	-	0.14	0.86	1.11	0.65	0.88	0.76	0.65	0.38	-	0.45	-	-	-	-0.17	-	-	-	-	-	-	-0.13	0.26	0.65	0.45	0.33	0.22	-0.27	-0.08	-0.45	-0.44	-0.25	-0.18	-0.01	-0.23	0.17	-0.18
Loss per share discontinued operations
-	-	0.00	0.00	-	0.00	0.00	0.00	-0.03	0.00	-0.01	0.00	0.00	-	0.00	-	-	-	-0.02	-	-	-	-	-	-	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.03	-0.05	-0.02	0.00	-0.03	-0.01	-0.01	0.00
Net income per share - diluted
0.29	-0.40	0.02	0.14	0.20	0.14	0.86	1.11	0.62	0.88	0.75	0.65	0.38	0.29	0.45	0.22	0.07	-0.05	-0.19	-0.14	-0.24	-	-	0.01	-	-0.13	0.26	0.65	0.45	0.33	0.22	-0.27	-0.08	-0.42	-0.49	-0.27	-0.18	-0.04	-0.24	0.16	-0.18
Basic
112,000	116,200	121,400	123,400	131,000	140,200	142,500	144,600	144,700	142,800	144,500	144,500	144,200	143,600	143,700	143,400	142,900	142,700	142,600	142,300	142,000	142,000	140,800	140,800	140,800	140,900	140,000	139,100	138,400	137,700	137,100	137,000	136,600	135,600	134,500	131,400	131,300	-	131,100	128,500	-
Weighted average shares of stock outstanding - diluted
113,000	113,500	122,200	124,300	132,000	139,200	143,900	146,200	146,700	145,400	146,500	146,200	145,900	145,400	145,400	145,200	145,200	142,700	142,600	142,300	142,000	-	-	144,000	-	144,700	144,000	144,100	144,400	154,200	142,600	137,000	136,600	135,600	134,500	131,400	131,300	-	131,100	139,800	-