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Earnings per Share (Tables)
3 Months Ended
Mar. 31, 2014
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]
The following table sets forth the computation of basic and diluted earnings per share:
Dollar and share amounts in millions, except per
share amounts
Three Months Ended March 31,
2014
 
2013
Numerator:
 
 
 
Income (loss) attributed to LP common shares:
 
 
 
Income (loss) from continuing operations
$
(14.2
)
 
$
65.0

Income from discontinued operations

 
0.1

Net income (loss)
$
(14.2
)
 
$
65.1

Denominator:
 
 
 
Basic - weighted average common shares outstanding
140.8

 
138.4

Dilutive effect of stock warrants

 
3.0

Dilutive effect of stock plans

 
3.0

Diluted shares outstanding
140.8

 
144.4

Basic earnings per share:
 
 
 
Income (loss) from continuing operations
$
(0.10
)
 
$
0.47

Income from discontinued operations

 

Net income (loss) per share
$
(0.10
)
 
$
0.47

Diluted earnings per share:
 
 
 
Income (loss) from continuing operations
$
(0.10
)
 
$
0.45

Income from discontinued operations

 

Net income (loss) per share
$
(0.10
)
 
$
0.45