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Selected Segment Data
 3 Months Ended
Mar. 31, 2016
Segment Reporting [Abstract]  
Selected Segment Data
SELECTED SEGMENT DATA
LP operates in four segments: North America 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, 2015.
 
Three Months Ended March 31,
Dollar amounts in millions
2016
 
2015
Net sales:
 
 
 
OSB
$
217.0

 
$
190.2

Siding
181.3

 
173.5

EWP
71.8

 
64.8

South America
30.5

 
35.9

Other
6.1

 
7.3

Intersegment sales
(2.1
)
 
—

 
$
504.6

 
$
471.7

Operating profit (loss):
 
 
 
OSB
$
15.3

 
$
(28.4
)
Siding
26.9

 
32.9

EWP
(2.5
)
 
(4.1
)
South America
5.1

 
2.4

Other
(0.4
)
 
(0.9
)
Other operating charges and credits, net
—

 
(11.6
)
Gain (loss) on sale or impairment of long-lived assets
—

 
(0.1
)
General corporate and other expenses, net
(24.0
)
 
(22.7
)
Other non-operating income (expense)
0.5

 
(2.2
)
Investment income
1.8

 
1.4

Interest expense, net of capitalized interest
(8.0
)
 
(7.5
)
Income (loss) from operations before taxes
14.7

 
(40.8
)
Provision (benefit) for income taxes
4.4

 
(6.3
)
Income (loss) from operations
$
10.3

 
$
(34.5
)