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Segment Information | 12 Months Ended
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Dec. 31, 2018
Segment Reporting Information [Line Items] |
Segment Reporting Disclosure [Text Block] | 24. SEGMENT INFORMATION Operating segments are defined as components of an enterprise that engage in business activities and by which discrete financial information is available that is evaluated on a regular basis by the chief operating decision maker to make decisions about how to allocate resources to the segment and assess the performance of the segment. We operate in four segments: Siding; North America Oriented Strand Board (OSB); Engineered Wood Products (EWP) and South America. Our business units have been aggregated into these four segments based upon the similarity of economic characteristics, customers and distribution methods. Our 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. We evaluate the performance of our business segments based upon operating profits excluding other operating credits and charges, net, gain (loss) on sales of and impairments of long-lived assets, general corporate and other expenses, translation gains and losses, interest and income taxes. The siding segment includes Smart Side® strand and fiber siding products; CanExel® siding products; and other related products. The OSB segment includes commodity and value-added OSB products produced in North America. The engineered wood products segment includes laminated veneer lumber, laminated strand lumber; I-joists; plywood; and other related products. The South America segment includes products produced and/or sold (generally OSB, Siding and I-joists) in South America or exported to non-North American countries. Information about our product segments is as follows:
| Year ended December 31,
Dollar amounts in millions | 2018 |  | 2017 |  | 2016
SALES BY BUSINESS SEGMENT |  |  |  |  |
Siding | $ | 942.3 |  |  | $ | 884.0 |  |  | $ | 752.3 |
OSB | 1,305.2 |  |  | 1,302.5 |  |  | 1,027.7 |
Engineered Wood Products | 390.9 |  |  | 365.9 |  |  | 296.9 |
South America | 160.8 |  |  | 155.3 |  |  | 136.9 |
Other products | 28.9 |  |  | 30.0 |  |  | 26.9 |
Intersegment Sales | (0.1 | ) |  | (3.8 | ) |  | (7.3 | )
Total sales | $ | 2,828.0 |  |  | $ | 2,733.9 |  |  | $ | 2,233.4 |
PROFIT (LOSS) BY BUSINESS SEGMENT |  |  |  |  |
Siding | $ | 201.6 |  |  | $ | 188.7 |  |  | $ | 128.0 |
OSB | 395.7 |  |  | 427.3 |  |  | 187.8 |
Engineered Wood Products | 19.5 |  |  | 15.7 |  |  | (4.6 | )
South America | 31.0 |  |  | 24.3 |  |  | 17.0 |
Other products | (4.3 | ) |  | (3.4 | ) |  | (1.5 | )
Other operating credits and charges, net | 2.2 |  |  | (4.9 | ) |  | (17.4 | )
Gain (loss) on sales of and impairments of long-lived assets | (10.8 | ) |  | (6.8 | ) |  | 8.4 |
General corporate and other expense, net | (111.7 | ) |  | (108.1 | ) |  | (102.3 | )
Interest expense, net of capitalized interest | (15.8 | ) |  | (19.3 | ) |  | (32.1 | )
Investment income | 17.6 |  |  | 10.5 |  |  | 8.2 |
Other non-operating income (expense) | (3.9 | ) |  | (13.8 | ) |  | (21.4 | )
Income from continuing operations before taxes | 521.1 |  |  | 510.2 |  |  | 170.1 |
Provision for income taxes | 122.3 |  |  | 119.1 |  |  | 19.8 |
Income from continuing operations | $ | 398.8 |  |  | $ | 391.1 |  |  | $ | 150.3 |
| Year ended December 31,
| 2018 |  | 2017 |  | 2016
DEPRECIATION AND AMORTIZATION |  |  |  |  |
Siding | $ | 32.3 |  |  | $ | 30.9 |  |  | $ | 27.4 |
OSB | 58.3 |  |  | 61.6 |  |  | 58.6 |
Engineered Wood Products | 15.1 |  |  | 15.8 |  |  | 12.7 |
South America | 9.1 |  |  | 9.1 |  |  | 8.6 |
Other products | 2.0 |  |  | 2.8 |  |  | 2.3 |
Non-segment related | 3.2 |  |  | 3.1 |  |  | 3.2 |
Total depreciation and amortization | $ | 120.0 |  |  | $ | 123.3 |  |  | $ | 112.8 |
CAPITAL EXPENDITURES |  |  |  |  |
Siding | $ | 117.1 |  |  | $ | 63.0 |  |  | $ | 49.9 |
OSB | 54.9 |  |  | 58.4 |  |  | 49.3 |
Engineered Wood Products | 9.9 |  |  | 6.0 |  |  | 5.3 |
South America | 28.3 |  |  | 17.5 |  |  | 8.7 |
Other products | 1.2 |  |  | 1.0 |  |  | 8.1 |
Non-segment related | 2.8 |  |  | 2.7 |  |  | 3.5 |
Total capital expenditures | $ | 214.2 |  |  | $ | 148.6 |  |  | $ | 124.8 |
Information concerning identifiable assets by segment is as follows:
Dollar amounts in millions | December 31,
2018 |  | 2016
IDENTIFIABLE ASSETS |  |  |
Siding | $ | 487.1 |  |  | $ | 371.8 |
OSB | 578.6 |  |  | 577.5 |
Engineered Wood Products | 122.9 |  |  | 116.3 |
South America | 113.6 |  |  | 95.9 |
Other products | 63.6 |  |  | 93.7 |
Non-segment related | 1,148.3 |  |  | 1,193.3 |
Total assets | $ | 2,514.1 |  |  | $ | 2,448.5 |
Non-segment related assets include cash and cash equivalents, short-term and long-term investments, corporate assets and other items. Information concerning our geographic segments is as follows:
| Year ended December 31,
Dollar amounts in millions | 2018 |  | 2017 |  | 2016
GEOGRAPHIC LOCATIONS |  |  |  |  |
Total Sales—Point of origin |  |  |  |  |
U.S. | $ | 2,409 |  |  | $ | 2,307 |  |  | $ | 1,882 |
Canada | 861 |  |  | 704 |  |  | 682 |
South America | 174 |  |  | 165 |  |  | 137 |
Intercompany sales | (616 | ) |  | (442 | ) |  | (468 | )
Total Sales | $ | 2,828 |  |  | $ | 2,734 |  |  | $ | 2,233 |
Operating profit (loss) |  |  |  |  |
U.S. | $ | 475 |  |  | $ | 462 |  |  | $ | 239 |
Canada | 138 |  |  | 167 |  |  | 71 |
South America | 31 |  |  | 24 |  |  | 17 |
Other operating credits and charges, net and gain (loss) on sales of and impairments of long-lived assets | (9 | ) |  | (12 | ) |  | (9 | )
General corporate expense, loss on early debt extinguishment, other income(expense) and interest, net | (114 | ) |  | (131 | ) |  | (148 | )
| 521 |  |  | 510 |  |  | 170 |
Provision for income taxes | 122 |  |  | 119 |  |  | 20 |
Income from continuing operations | $ | 399 |  |  | $ | 391 |  |  | $ | 150 |
IDENTIFIABLE TANGIBLE LONG LIVED ASSETS |  |  |  |  |
U.S. | $ | 540 |  |  | $ | 529 |  |  | $ | 516 |
Canada | 449 |  |  | 380 |  |  | 365 |
South America | 84 |  |  | 73 |  |  | 57 |
Total assets | $ | 1,073 |  |  | $ | 982 |  |  | $ | 938 |

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -URI http://asc.fasb.org/topic&trid=2134510 + Details
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- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details
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