XML 54 R33.htm IDEA: XBRL DOCUMENT
v3.3.1.900

Summary of Significant Accounting Policies (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2015
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES [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:
| Year ended December 31,
Dollar and share amounts in millions, except per share amounts | 2015 |  | 2014 |  | 2013
Numerator: |  |  |  |  |
Net income (loss): |  |  |  |  |
Income (loss) from continuing operations | $ | (86.0 | ) |  | $ | (73.4 | ) |  | $ | 177.4 |
Loss from discontinued operations | (2.1 | ) |  | (2.0 | ) |  | (0.3 | )
Net income (loss) | $ | (88.1 | ) |  | $ | (75.4 | ) |  | $ | 177.1 |
Denominator: |  |  |  |  |
Denominator for basic earnings per share: |  |  |  |  |
Weighted average common shares outstanding | 142.4 |  |  | 141.1 |  |  | 139.6 |
Effect of dilutive securities: |  |  |  |  |
Dilutive effect of employee stock plans | — |  |  | — |  |  | 2.5 |
Dilutive effect of stock warrants | — |  |  | — |  |  | 2.2 |
Dilutive potential common shares | — |  |  | — |  |  | 4.7 |
Denominator for diluted earnings per share: |  |  |  |  |
Adjusted weighted average shares | 142.4 |  |  | 141.1 |  |  | 144.3 |
Basic earnings per share: |  |  |  |  |
Income (loss) from continuing operations | $ | (0.60 | ) |  | $ | (0.52 | ) |  | $ | 1.27 |
Loss from discontinued operations | (0.02 | ) |  | (0.01 | ) |  | — |
Net income (loss) per share | $ | (0.62 | ) |  | $ | (0.53 | ) |  | $ | 1.27 |
Diluted earnings per share: |  |  |  |  |
Income (loss) from continuing operations | $ | (0.60 | ) |  | $ | (0.52 | ) |  | $ | 1.23 |
Loss from discontinued operations | (0.02 | ) |  | (0.01 | ) |  | — |
Net income (loss) per share | $ | (0.62 | ) |  | $ | (0.53 | ) |  | $ | 1.23 |
Disclosure of Long Lived Assets Held-for-sale [Table Text Block] | The current book values of assets held for sale by category is as follows:
Dollar amounts in millions | December 31,
2015 |  | 2014
Property, plant and equipment, at cost: |  |  |
Land, land improvements and logging roads, net of road amortization | $ | 1.8 |  |  | $ | 1.3 |
Buildings | 0.5 |  |  | 0.3 |
Machinery and equipment | 6.7 |  |  | 7.7 |
Net property, plant and equipment | $ | 9.0 |  |  | $ | 9.3 |

X
- Definition SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES [Abstract] + References No definition available. + Details
Name: | lpx_SummaryOfSignificantAccountingPoliciesAbstract
Namespace Prefix: | lpx_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of long lived assets held for sale. Disclosure may include the description of the facts and circumstances leading to the expected disposal, manner and timing of disposal, the carrying value of the assets held for sale, the gain (loss) recognized in the income statement and the income statement caption that includes that gain (loss). + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=51719941&loc=d3e2941-110230 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=51717284&loc=d3e1361-107760 + Details
Name: | us-gaap_DisclosureOfLongLivedAssetsHeldForSaleTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 + Details
Name: | us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration