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Segment Information (Tables)
 9 Months Ended
Sep. 30, 2015
Segment Reporting [Abstract]  
Segment information [Table Text Block]
An analysis of our operations by segment is as follows: 
 
 
 
 
 
 
 
 
Income
 
 
 
 
 
 
 
 
 
 
 
 
(Loss)
 
 
 
 
 
 
 
 
 
 
 
 
Before
 
 
 
 
 
 
Sales
 
Income
 
Depreciation
 
 
 
 
 
 
Inter-
 
 
 
Taxes
 
and
 
EBITDA
 
 
Trade
 
segment
 
Total
 
(b)
 
Amortization
 
(a) (b)
 
 
(millions)
Three Months Ended September 30, 2015
 
 

 
 

 
 

 
 

 
 

Wood Products
 
$
192.6

 
$
148.0

 
$
340.6

 
$
21.9

 
$
11.0

 
$
32.9

Building Materials Distribution
 
799.0

 
—

 
799.0

 
22.7

 
3.1

 
25.8

Corporate and Other
 
—

 
—

 
—

 
(4.3
)
 
0.1

 
(4.2
)
Intersegment eliminations
 
—

 
(148.0
)
 
(148.0
)
 
—

 
—

 
—

 
 
$
991.6

 
$
—

 
$
991.6

 
40.3

 
$
14.2

 
$
54.5

Interest expense
 
 
 
 
 
 
 
(5.7
)
 
 
 


Interest income
 
 
 
 
 
 
 
0.1

 
 
 


 
 

 


 


 
$
34.6

 


 
 

 
 
 
 
 
 
 
 
Income
 
 
 
 
 
 
 
 
 
 
 
 
(Loss)
 
 
 
 
 
 
 
 
 
 
 
 
Before
 
 
 
 
 
 
Sales
 
Income
 
Depreciation
 
 
 
 
 
 
Inter-
 
 
 
Taxes
 
and
 
EBITDA
 
 
Trade
 
segment
 
Total
 
(b)
 
Amortization
 
(a) (b)
 
 
(millions)
Three Months Ended September 30, 2014
 
 

 
 

 
 

 
 

 
 

Wood Products
 
$
210.0

 
$
145.8

 
$
355.7

 
$
40.6

 
$
10.7

 
$
51.3

Building Materials Distribution
 
773.4

 
—

 
773.4

 
21.1

 
2.4

 
23.5

Corporate and Other
 
—

 
—

 
—

 
(5.8
)
 
—

 
(5.8
)
Intersegment eliminations
 
—

 
(145.8
)
 
(145.8
)
 
—

 
—

 
—

 
 
$
983.3

 
$
—

 
$
983.3

 
55.9

 
$
13.2

 
$
69.1

Interest expense
 
 
 
 
 
 
 
(5.5
)
 
 
 
 
Interest income
 
 
 
 
 
 
 
0.1

 
 
 
 
 
 


 


 


 
$
50.4

 


 
 

 
 
 
 
 
 
 
 
Income
 
 
 
 
 
 
 
 
 
 
 
 
(Loss)
 
 
 
 
 
 
 
 
 
 
 
 
Before
 
 
 
 
 
 
Sales
 
Income
 
Depreciation
 
 
 
 
 
 
Inter-
 
 
 
Taxes
 
and
 
EBITDA
 
 
Trade
 
segment
 
Total
 
(b)
 
Amortization
 
(a) (b)
 
 
(millions)
Nine Months Ended September 30, 2015
 
 

 
 

 
 

 
 

 
 

Wood Products
 
$
573.1

 
$
416.7

 
$
989.8

 
$
66.5

 
$
32.2

 
$
98.7

Building Materials Distribution
 
2,183.8

 
0.2

 
2,184.0

 
45.6

 
8.7

 
54.3

Corporate and Other
 
—

 
—

 
—

 
(16.8
)
 
0.2

 
(16.6
)
Intersegment eliminations
 
—

 
(416.9
)
 
(416.9
)
 
—

 
—

 
—

 
 
$
2,756.9

 
$
—

 
$
2,756.9

 
95.3

 
$
41.1

 
$
136.4

Interest expense
 
 
 
 
 
 
 
(16.8
)
 
 
 
 
Interest income
 
 
 
 
 
 
 
0.2

 
 
 
 
 
 
 
 
 
 
 
 
$
78.7

 
 
 
 

 
 
 
 
 
 
 
 
Income
 
 
 
 
 
 
 
 
 
 
 
 
(Loss)
 
 
 
 
 
 
 
 
 
 
 
 
Before
 
 
 
 
 
 
Sales
 
Income
 
Depreciation
 
 
 
 
 
 
Inter-
 
 
 
Taxes
 
and
 
EBITDA
 
 
Trade
 
segment
 
Total
 
(b)
 
Amortization
 
(a) (b)
 
 
(millions)
Nine Months Ended September 30, 2014
 
 

 
 

 
 

 
 

 
 

Wood Products
 
$
594.5

 
$
405.5

 
$
1,000.0

 
$
84.9

 
$
30.7

 
$
115.6

Building Materials Distribution
 
2,117.2

 
0.1

 
2,117.3

 
46.3

 
7.1

 
53.5

Corporate and Other
 
—

 
—

 
—

 
(14.7
)
 
0.1

 
(14.6
)
Intersegment eliminations
 
—

 
(405.6
)
 
(405.6
)
 
—

 
—

 
—

 
 
$
2,711.7

 
$
—

 
$
2,711.7

 
116.5

 
$
38.0

 
$
154.5

Interest expense
 
 
 
 
 
 
 
(16.5
)
 
 
 
 
Interest income
 
 
 
 
 
 
 
0.2

 
 
 
 
 
 
 
 
 
 
 
 
$
100.1

 
 
 
 
Reconciliation of Operating Profit (Loss) from Segments to Consolidated [Table Text Block]
The following is a reconciliation of net income to EBITDA for the consolidated company:
 
 
Three Months Ended
September 30
 
Nine Months Ended
September 30
 
2015
 
2014
 
2015
 
2014
 
(millions)
Net income
$
22.0

 
$
32.3

 
$
49.9

 
$
64.3

Interest expense
5.7

 
5.5

 
16.8

 
16.5

Interest income
(0.1
)
 
(0.1
)
 
(0.2
)
 
(0.2
)
Income tax provision
12.6

 
18.1

 
28.8

 
35.9

Depreciation and amortization
14.2

 
13.2

 
41.1

 
38.0

EBITDA
$
54.5

 
$
69.1

 
$
136.4

 
$
154.5