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Selected Segment Data
 3 Months Ended
Mar. 31, 2014
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, 2013.
 
Three Months Ended March 31,
Dollar amounts in millions
2014
 
2013
Net sales:
 
 
 
OSB
$
194.9

 
$
286.7

Siding
143.5

 
133.8

Engineered Wood Products
66.4

 
63.4

South America
36.6

 
45.1

Other
3.7

 
2.7

Intersegment Sales
(0.4
)
 
(0.6
)
 
$
444.7

 
$
531.1

Operating profit (loss):
 
 
 
OSB
$
(1.9
)
 
$
98.1

Siding
19.2

 
20.7

Engineered Wood Products
(3.1
)
 
(3.5
)
South America
4.2

 
6.3

Other
(0.7
)
 
(1.8
)
Other operating credits and charges, net
—

 
(1.6
)
General corporate and other expenses, net
(27.3
)
 
(22.5
)
Foreign currency losses
(4.3
)
 
(0.7
)
Investment income
1.8

 
3.5

Interest expense, net of capitalized interest
(7.7
)
 
(10.6
)
Income (loss) from continuing operations before taxes
(19.8
)
 
87.9

Provision (benefit) for income taxes
(5.6
)
 
22.9

Income (loss) from continuing operations
$
(14.2
)
 
$
65.0