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Pay vs Performance Disclosure - USD ($)
 12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Pay vs Performance Disclosure        
Pay vs Performance Disclosure, Table
PAY VERSUS PERFORMANCE
The table below summarizes the compensation actually paid to each of the listed NEOs and company financial performance measures for the four years ended December 31, 2023.
​
Year
​ ​
Summary
Compensation
Table Total
for PEO(1)
($)
​ ​
Compensation
Actually Paid
to PEO(2)(3)
($)
​ ​
Average Summary
Compensation
Table Total for
Non-PEO NEOs(1)
($)
​ ​
Average
Compensation
Actually paid to
Non-PEO NEOs(2)(3)
($)
​ ​
Value of Initial Fixed $100
Investment Based on:(4)
​ ​
Net Income
($ Million)
​ ​
Company
Adjusted
EBITDA
($ Million)
​
​
Company
TSR
($)
​ ​
Peer Group
TSR
($)
​
​
2023
​ ​ ​ ​ 10,670,593 ​ ​ ​ ​ ​ 10,495,230 ​ ​ ​ ​ ​ 2,235,201 ​ ​ ​ ​ ​ 2,272,644 ​ ​ ​ ​ ​ 253.70 ​ ​ ​ ​ ​ 172.49 ​ ​ ​ ​ ​ 178 ​ ​ ​ ​ ​ 478 ​ ​
​
2022
​ ​ ​ ​ 8,682,313 ​ ​ ​ ​ ​ (7,732,568) ​ ​ ​ ​ ​ 2,042,305 ​ ​ ​ ​ ​ (224,312) ​ ​ ​ ​ ​ 208.61 ​ ​ ​ ​ ​ 137.88 ​ ​ ​ ​ ​ 1,083 ​ ​ ​ ​ ​ 1,389 ​ ​
​
2021
​ ​ ​ ​ 9,158,272 ​ ​ ​ ​ ​ 34,346,704 ​ ​ ​ ​ ​ 1,943,418 ​ ​ ​ ​ ​ 5,334,446 ​ ​ ​ ​ ​ 272.24 ​ ​ ​ ​ ​ 180.45 ​ ​ ​ ​ ​ 1,373 ​ ​ ​ ​ ​ 1,877 ​ ​
​
2020
​ ​ ​ ​ 7,381,365 ​ ​ ​ ​ ​ 8,389,602 ​ ​ ​ ​ ​ 1,577,268 ​ ​ ​ ​ ​ 1,673,812 ​ ​ ​ ​ ​ 127.73 ​ ​ ​ ​ ​ 124.52 ​ ​ ​ ​ ​ 497 ​ ​ ​ ​ ​ 757 ​ ​
​
(1)
W. Bradley Southern is our principal executive officer (“PEO”) for each year presented. The individuals comprising the Non-PEO NEOs for each presented year are listed below.
​
2023
​ ​
2022
​ ​
2021 and 2020
​
Alan J.M. Haughie
​ ​
Alan J.M. Haughie
​ ​
Alan J.M. Haughie
​
Jason P. Ringblom
​ ​
Jason P. Ringblom
​ ​
Jason P. Ringblom
​
Nicole C. Daniel
​ ​
Nicole C. Daniel
​ ​
Neil Sherman
​
Michael W. Blosser
​ ​
Michael W. Blosser
​ ​
Michael J. Sims
​
​ ​ ​
Robin H. Everhart
​ ​ ​ ​
​
(2)
The amounts shown for “Compensation Actually Paid” were calculated in accordance with Item 402(v) of Regulation S-K and do not reflect compensation actually earned, realized, or received by LP’s NEOs. These amounts reflect the total compensation reported in the “Summary Compensation Table” with certain adjustments as described in footnote 3 below.
​
(3)
“Compensation Actually Paid” for 2023 reflects the exclusions and inclusions of certain amounts for the PEO and the Non-PEO NEOs as set forth below. Equity values are calculated in accordance with FASB ASC Topic 718 using the same assumption methodologies used to calculate the grant date fair value of awards for purposes of the Summary Compensation Table. At the grant date for each PSU award, the relevant performance metrics are assumed to be achieved at the target level (100% of the target award amount). The fair value of unvested PSUs for each year used in the calculation of “Compensation Actually Paid” is based on the probable outcome of the applicable performance conditions as of the last day of the fiscal year. As of December 31, 2023, the fair value of the unvested PSUs changed from the grant date primarily due to the change in stock price and our probable performance based on the performance metrics applicable to those PSUs awards. As of December 31, 2023, the 2021 PSUs were expected to vest at the target award amount as a result of the October 2023 modification to the
​
​
Summary
Compensation
Table
Total for
PEO
($)
​ ​
Deduct Change in
Pension Value for
PEO
($)
​ ​
Pension Benefits
Adjustments for
PEO
($)
​ ​
Exclusion of Stock
Awards for PEO
($)
​ ​
Inclusion of Equity
Values for
PEO
($)
​ ​
Compensation
Actually Paid to
PEO
($)
​
​
10,670,593
​ ​
—
​ ​
—
​ ​
(7,577,416)
​ ​
7,402,053
​ ​
10,495,230
​
​
Average Summary
Compensation
Table Total for
Non-PEO NEOs
($)
​ ​
Deduct Change in
Pension Value for
Non-PEO NEOs
($)
​ ​
Pension Benefits
Adjustments for
Non-PEO NEOs
($)
​ ​
Exclusion of
Stock Awards for
Non-PEO NEOs
($)
​ ​
Inclusion of
Equity Values for
Non-PEO NEOs
($)
​ ​
Average Compensation
Actually Paid to
Non-PEO NEOs
($)
​
​
2,235,201
​ ​
—
​ ​
—
​ ​
(1,214,908)
​ ​
1,252,351
​ ​
2,272,644
​
The amounts in the “Inclusion of Equity Values” in the tables above are derived from the amounts set forth in the following tables:
​
Year-End Fair
Value of
Equity
Awards
Granted
During Year
That
Remained
Unvested as
of
Last Day of
Year
for PEO
($)
​ ​
Change in Fair
Value from Last
Day of Prior Year
to Last Day of
Year of Unvested
Equity Awards for
PEO
($)
​ ​
Vesting-Date
Fair Value of
Equity Awards
Granted During
Year that Vested
During Year for
PEO
($)
​ ​
Change in Fair
Value from Last
Day of Prior Year
to Vesting Date of
Unvested Equity
Awards that Vested
During Year for
PEO
($)
​ ​
Fair Value at
Last
Day of Prior Year
of Equity
Awards
Forfeited During
Year for PEO
($)
​ ​
Value of
Dividends or
Other Earnings
Paid on Stock or
Option Awards
Not Otherwise
Included for PEO
($)
​ ​
Total–
Inclusion of
Equity Values
for PEO
($)
​
​
2,157,128
​ ​
3,537,303
​ ​
—
​ ​
1,518,131
​ ​
—
​ ​
189,491
​ ​
7,402,053
​
​
Average
Year-End Fair
Value of Equity
Awards
Granted
During Year
That
Remained
Unvested as
of Last Day
of Year for
Non-PEO NEOs
($)
​ ​
Average Change
in Fair Value
from Last Day of
Prior Year to Last
Day of Year of
Unvested Equity
Awards for
Non-PEO NEOs
($)
​ ​
Average
Vesting-
Date Fair Value
of Equity
Awards
Granted During
Year that Vested
During Year for
Non-PEO NEOs
($)
​ ​
Average Change in
Fair Value from Last
Day of Prior Year
to Vesting Date of
Unvested Equity
Awards that Vested
During Year for
Non-PEO NEOs
($)
​ ​
Average Fair
Value at Last
Day of Prior
Year of Equity
Awards
Forfeited
During Year for
Non-PEO NEOs
($)
​ ​
Average Value
of Dividends or
Other Earnings
Paid on Stock or
Option Awards
Not Otherwise
Included for
Non-PEO NEOs
($)
​ ​
Total–Average
Inclusion
of Equity
Values for
Non-PEO NEOs
($)
​
​
445,131
​ ​
558,019
​ ​
—
​ ​
219,604
​ ​
—
​ ​
29,597
​ ​
1,252,351
​
​
(4)
The “Peer Group TSR” set forth in this table utilizes the following published index: S&P 500 Building Products. TSR for both LP and the peer group is based on an initial $100 investment, measured on a cumulative basis from the market close on December 31, 2019, through and including the end of the fiscal year for which TSR is being presented in the table.
​
      
Company Selected Measure Name Adjusted EBITDA      
Named Executive Officers, Footnote
(1)
W. Bradley Southern is our principal executive officer (“PEO”) for each year presented. The individuals comprising the Non-PEO NEOs for each presented year are listed below.
​
2023
​ ​
2022
​ ​
2021 and 2020
​
Alan J.M. Haughie
​ ​
Alan J.M. Haughie
​ ​
Alan J.M. Haughie
​
Jason P. Ringblom
​ ​
Jason P. Ringblom
​ ​
Jason P. Ringblom
​
Nicole C. Daniel
​ ​
Nicole C. Daniel
​ ​
Neil Sherman
​
Michael W. Blosser
​ ​
Michael W. Blosser
​ ​
Michael J. Sims
​
​ ​ ​
Robin H. Everhart
​ ​ ​ ​
     
Peer Group Issuers, Footnote
(4)
The “Peer Group TSR” set forth in this table utilizes the following published index: S&P 500 Building Products. TSR for both LP and the peer group is based on an initial $100 investment, measured on a cumulative basis from the market close on December 31, 2019, through and including the end of the fiscal year for which TSR is being presented in the table.
     
PEO Total Compensation Amount $ 10,670,593 $ 8,682,313 $ 9,158,272 $ 7,381,365
PEO Actually Paid Compensation Amount $ 10,495,230 (7,732,568) 34,346,704 8,389,602
Adjustment To PEO Compensation, Footnote
(2)
The amounts shown for “Compensation Actually Paid” were calculated in accordance with Item 402(v) of Regulation S-K and do not reflect compensation actually earned, realized, or received by LP’s NEOs. These amounts reflect the total compensation reported in the “Summary Compensation Table” with certain adjustments as described in footnote 3 below.
​
(3)
“Compensation Actually Paid” for 2023 reflects the exclusions and inclusions of certain amounts for the PEO and the Non-PEO NEOs as set forth below. Equity values are calculated in accordance with FASB ASC Topic 718 using the same assumption methodologies used to calculate the grant date fair value of awards for purposes of the Summary Compensation Table. At the grant date for each PSU award, the relevant performance metrics are assumed to be achieved at the target level (100% of the target award amount). The fair value of unvested PSUs for each year used in the calculation of “Compensation Actually Paid” is based on the probable outcome of the applicable performance conditions as of the last day of the fiscal year. As of December 31, 2023, the fair value of the unvested PSUs changed from the grant date primarily due to the change in stock price and our probable performance based on the performance metrics applicable to those PSUs awards. As of December 31, 2023, the 2021 PSUs were expected to vest at the target award amount as a result of the October 2023 modification to the
​
​
Summary
Compensation
Table
Total for
PEO
($)
​ ​
Deduct Change in
Pension Value for
PEO
($)
​ ​
Pension Benefits
Adjustments for
PEO
($)
​ ​
Exclusion of Stock
Awards for PEO
($)
​ ​
Inclusion of Equity
Values for
PEO
($)
​ ​
Compensation
Actually Paid to
PEO
($)
​
​
10,670,593
​ ​
—
​ ​
—
​ ​
(7,577,416)
​ ​
7,402,053
​ ​
10,495,230
​
The amounts in the “Inclusion of Equity Values” in the tables above are derived from the amounts set forth in the following tables:
​
Year-End Fair
Value of
Equity
Awards
Granted
During Year
That
Remained
Unvested as
of
Last Day of
Year
for PEO
($)
​ ​
Change in Fair
Value from Last
Day of Prior Year
to Last Day of
Year of Unvested
Equity Awards for
PEO
($)
​ ​
Vesting-Date
Fair Value of
Equity Awards
Granted During
Year that Vested
During Year for
PEO
($)
​ ​
Change in Fair
Value from Last
Day of Prior Year
to Vesting Date of
Unvested Equity
Awards that Vested
During Year for
PEO
($)
​ ​
Fair Value at
Last
Day of Prior Year
of Equity
Awards
Forfeited During
Year for PEO
($)
​ ​
Value of
Dividends or
Other Earnings
Paid on Stock or
Option Awards
Not Otherwise
Included for PEO
($)
​ ​
Total–
Inclusion of
Equity Values
for PEO
($)
​
​
2,157,128
​ ​
3,537,303
​ ​
—
​ ​
1,518,131
​ ​
—
​ ​
189,491
​ ​
7,402,053
​
     
Non-PEO NEO Average Total Compensation Amount $ 2,235,201 2,042,305 1,943,418 1,577,268
Non-PEO NEO Average Compensation Actually Paid Amount $ 2,272,644 (224,312) 5,334,446 1,673,812
Adjustment to Non-PEO NEO Compensation Footnote
(2)
The amounts shown for “Compensation Actually Paid” were calculated in accordance with Item 402(v) of Regulation S-K and do not reflect compensation actually earned, realized, or received by LP’s NEOs. These amounts reflect the total compensation reported in the “Summary Compensation Table” with certain adjustments as described in footnote 3 below.
​
(3)
“Compensation Actually Paid” for 2023 reflects the exclusions and inclusions of certain amounts for the PEO and the Non-PEO NEOs as set forth below. Equity values are calculated in accordance with FASB ASC Topic 718 using the same assumption methodologies used to calculate the grant date fair value of awards for purposes of the Summary Compensation Table. At the grant date for each PSU award, the relevant performance metrics are assumed to be achieved at the target level (100% of the target award amount). The fair value of unvested PSUs for each year used in the calculation of “Compensation Actually Paid” is based on the probable outcome of the applicable performance conditions as of the last day of the fiscal year. As of December 31, 2023, the fair value of the unvested PSUs changed from the grant date primarily due to the change in stock price and our probable performance based on the performance metrics applicable to those PSUs awards. As of December 31, 2023, the 2021 PSUs were expected to vest at the target award amount as a result of the October 2023 modification to the
​
Average Summary
Compensation
Table Total for
Non-PEO NEOs
($)
​ ​
Deduct Change in
Pension Value for
Non-PEO NEOs
($)
​ ​
Pension Benefits
Adjustments for
Non-PEO NEOs
($)
​ ​
Exclusion of
Stock Awards for
Non-PEO NEOs
($)
​ ​
Inclusion of
Equity Values for
Non-PEO NEOs
($)
​ ​
Average Compensation
Actually Paid to
Non-PEO NEOs
($)
​
​
2,235,201
​ ​
—
​ ​
—
​ ​
(1,214,908)
​ ​
1,252,351
​ ​
2,272,644
​
The amounts in the “Inclusion of Equity Values” in the tables above are derived from the amounts set forth in the following tables:
​
Average
Year-End Fair
Value of Equity
Awards
Granted
During Year
That
Remained
Unvested as
of Last Day
of Year for
Non-PEO NEOs
($)
​ ​
Average Change
in Fair Value
from Last Day of
Prior Year to Last
Day of Year of
Unvested Equity
Awards for
Non-PEO NEOs
($)
​ ​
Average
Vesting-
Date Fair Value
of Equity
Awards
Granted During
Year that Vested
During Year for
Non-PEO NEOs
($)
​ ​
Average Change in
Fair Value from Last
Day of Prior Year
to Vesting Date of
Unvested Equity
Awards that Vested
During Year for
Non-PEO NEOs
($)
​ ​
Average Fair
Value at Last
Day of Prior
Year of Equity
Awards
Forfeited
During Year for
Non-PEO NEOs
($)
​ ​
Average Value
of Dividends or
Other Earnings
Paid on Stock or
Option Awards
Not Otherwise
Included for
Non-PEO NEOs
($)
​ ​
Total–Average
Inclusion
of Equity
Values for
Non-PEO NEOs
($)
​
​
445,131
​ ​
558,019
​ ​
—
​ ​
219,604
​ ​
—
​ ​
29,597
​ ​
1,252,351
​
     
Compensation Actually Paid vs. Total Shareholder Return [MISSING IMAGE: bc_payvsnetinc-pn.jpg]      
Compensation Actually Paid vs. Net Income [MISSING IMAGE: bc_payvsnetinc-pn.jpg]      
Compensation Actually Paid vs. Company Selected Measure [MISSING IMAGE: bc_payvsnetinc-pn.jpg]      
Total Shareholder Return Vs Peer Group [MISSING IMAGE: bc_payvsnetinc-pn.jpg]      
Tabular List, Table
FINANCIAL PERFORMANCE MEASURES USED TO LINK COMPENSATION ACTUALLY PAID TO NEOS FOR THE MOST RECENTLY COMPLETED FISCAL YEAR TO COMPANY PERFORMANCE
For the fiscal year ended December 31, 2023, our Compensation Committee identified the performance measures listed below as the most important in setting compensation for the NEOs. Adjusted EBITDA is the key performance measure used in setting performance goals for our PSUs, which comprise a significant portion of the NEOs’ compensation mix. For additional detail on Adjusted EBITDA see “Compensation of Executive Officers—Compensation Disclosure and Analysis—Section IV: Elements and Philosophy of Executive Compensation—Long-Term Equity Incentive Compensation” on page 47.
   
​
Adjusted EBITDA (Company and Segment basis)
​
Economic Profit (Company and Segment basis)
​
Company Operating Cash Flow
​
Relative Total Shareholder Return
​
     
Total Shareholder Return Amount $ 253.7 208.61 272.24 127.73
Peer Group Total Shareholder Return Amount 172.49 137.88 180.45 124.52
Net Income (Loss) $ 178,000,000 $ 1,083,000,000 $ 1,373,000,000 $ 497,000,000
Company Selected Measure Amount 478,000,000 1,389,000,000 1,877,000,000 757,000,000
PEO Name W. Bradley Southern      
Measure:: 1        
Pay vs Performance Disclosure        
Name Adjusted EBITDA (Company and Segment basis)      
Measure:: 2        
Pay vs Performance Disclosure        
Name Economic Profit (Company and Segment basis)      
Measure:: 3        
Pay vs Performance Disclosure        
Name Company Operating Cash Flow      
Measure:: 4        
Pay vs Performance Disclosure        
Name Relative Total Shareholder Return      
PEO | Pension Adjustments Pension Value In Summary Compensation Table [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount      
PEO | Total Pension Adjustments [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount      
PEO | Equity Awards Value In Summary Compensation Table (Grant Date Value) [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount (7,577,416)      
PEO | Total Equity Awards Adjustments [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 7,402,053      
PEO | Year-end Fair Value Of Awards Granted In The Current Fiscal Year [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 2,157,128      
PEO | Change In Fair Value Of Outstanding And Unvested Awards Granted In Prior Fiscal Years [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 3,537,303      
PEO | Change In Fair Value As Of Vesting Date Of Current Year Awards Vested During Current Year [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount      
PEO | Change In Fair Value As Of Vesting Date Of Prior Year Awards Vested During Current Year [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 1,518,131      
PEO | Fair Value At Last Day of Prior Year of Equity Awards Forfeited During Year [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount      
PEO | Dividends Or Other Earnings Paid On Equity Awards Not Otherwise Reflected In Fair Value [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 189,491      
Non-PEO NEO | Pension Adjustments Pension Value In Summary Compensation Table [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount      
Non-PEO NEO | Total Pension Adjustments [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount      
Non-PEO NEO | Equity Awards Value In Summary Compensation Table (Grant Date Value) [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount (1,214,908)      
Non-PEO NEO | Total Equity Awards Adjustments [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 1,252,351      
Non-PEO NEO | Year-end Fair Value Of Awards Granted In The Current Fiscal Year [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 445,131      
Non-PEO NEO | Change In Fair Value Of Outstanding And Unvested Awards Granted In Prior Fiscal Years [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 558,019      
Non-PEO NEO | Change In Fair Value As Of Vesting Date Of Current Year Awards Vested During Current Year [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount      
Non-PEO NEO | Change In Fair Value As Of Vesting Date Of Prior Year Awards Vested During Current Year [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 219,604      
Non-PEO NEO | Fair Value At Last Day of Prior Year of Equity Awards Forfeited During Year [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount      
Non-PEO NEO | Dividends Or Other Earnings Paid On Equity Awards Not Otherwise Reflected In Fair Value [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount $ 29,597