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Level 3 Quarterly Results of Operations (unaudited) (Tables)
12 Months Ended
Dec. 31, 2013
Quarterly Results of Operations (unaudited) [Abstract]  
Quarterly Results of Operations (unaudited) [Table Text Block]
 
 
2013
 
 
First Quarter (a)
 
Second Quarter
 
Third Quarter
 
Fourth Quarter (b)
 
 
(millions, except per-share amounts)
Net sales
 
$
744.9

 
$
852.3

 
$
878.0

 
$
798.3

Income from operations
 
$
24.6

 
$
22.2

 
$
30.5

 
$
21.4

Net income
 
$
80.8

 
$
10.4

 
$
15.9

 
$
9.8

Net income per common share – Basic and Diluted
 
$
2.15

 
$
0.24

 
$
0.39

 
$
0.25


 
 
2012
 
 
First Quarter
 
Second Quarter
 
Third Quarter
 
Fourth Quarter
 
 
(millions, except per-share amounts)
Net sales
 
$
587.0

 
$
732.9

 
$
764.6

 
$
694.6

Income from operations
 
$
6.2

 
$
20.1

 
$
28.1

 
$
8.6

Net income
 
$
1.7

 
$
15.0

 
$
23.5

 
$
1.3

Net income per common share – Basic and Diluted
 
$
0.06

 
$
0.51

 
$
0.79

 
$
0.04

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(a)
Net income for the three months ended March 31, 2013, includes a $68.7 million income tax benefit associated with recording net deferred tax assets upon our conversion to a corporation.

(b)
The three months ended December 31, 2013, include the results of the recently acquired plywood plants, Chester Wood Products LLC and Moncure Plywood LLC.