XML 45 R25.htm IDEA: XBRL DOCUMENT v3.8.0.1
Gain (loss) on sales or impairment of long lived assets
12 Months Ended
Dec. 31, 2017
GAIN (LOSS) ON SALE OF AND IMPAIRMENT OF LONG-LIVED ASSETS, NET [Abstract]  
Details of Impairment of Long-Lived Assets Held and Used by Asset [Table Text Block]
LOSS) ON SALE OR IMPAIRMENT OF LONG-LIVED ASSETS
The major components of “Gain (Loss) on sale or impairment of long-lived assets” in the Consolidated Statements of Income for the years ended December 31 are reflected in the table below and are described in the paragraphs following the table:
Dollar amounts in millions
Year ended December 31,
2017
 
2016
 
2015
Impairment charges on long-lived assets
$
(9.1
)
 
$
(0.8
)
 
$
(1.5
)
Gain (loss) on sale or other disposition of other long-lived assets
2.3

 
9.2

 
(0.6
)
 
$
(6.8
)
 
$
8.4

 
$
(2.1
)

2017
During 2017, we recorded a net loss on sale or impairment of long-lived assets of $6.8 million. This net loss includes the following items:
a loss of $4.7 million associated with a facility which was previously held for sale; and
a loss of $3.0 million associated with manufacturing equipment which is no longer being used; and
a gain $2.3 million on the sale of manufacturing facilities no longer used.
2016
During 2016, we recorded a net gain on sale of long-lived assets of $8.4 million. This net loss includes the following items:
a loss of $0.8 million related to the impairment on certain manufacturing assets associated with various OSB mills;
a gain of $10.6 million related to the exchange of an idled OSB mill; and
a loss of $1.4 million related to the disposal of various assets no longer used.

2015
During 2015, we recorded a net loss on sale of long-lived assets of $2.1 million. This net gain includes the following items:
a loss of $1.2 million related to the impairment on certain manufacturing assets associated with various OSB mills;
a loss of $0.3 million related to the write-off of certain logging roads associated to the Chambord timber license (see Note 17 for further discussion); and
a loss of $0.6 million related to the disposal of various assets no longer used.