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Segment Information (Tables)
 9 Months Ended
Sep. 30, 2016
Segment Reporting [Abstract]  
Segment information [Table Text Block]
An analysis of our operations by segment is as follows: 
 
 
 
 
 
 
 
 
Income
 
 
 
 
 
 
 
 
 
 
 
 
(Loss)
 
 
 
 
 
 
Sales
 
Before
 
Depreciation
 
 
 
 
 
 
Inter-
 
 
 
Income
 
and
 
EBITDA
 
 
Trade
 
segment
 
Total
 
Taxes
 
Amortization
 
(a)
 
 
(millions)
Three Months Ended September 30, 2016
 
 

 
 

 
 

 
 

 
 

Wood Products
 
$
178.1

 
$
162.8

 
$
340.9

 
$
11.6

 
$
15.6

 
$
27.2

Building Materials Distribution
 
889.0

 
—

 
889.0

 
26.4

 
3.5

 
29.9

Corporate and Other
 
0.1

 
—

 
0.1

 
(6.7
)
 
0.3

 
(6.4
)
Intersegment eliminations
 
—

 
(162.8
)
 
(162.8
)
 
—

 
—

 
—

 
 
$
1,067.2

 
$
—

 
$
1,067.2

 
31.3

 
$
19.5

 
$
50.7

Interest expense
 
 
 
 
 
 
 
(7.1
)
 
 
 


Interest income
 
 
 
 
 
 
 
0.1

 
 
 


Change in fair value of interest rate swaps
 
 
 
 
 
 
 
0.8

 
 
 
 
Loss on extinguishment of debt
 
 
 
 
 
 
 
(9.5
)
 
 
 
 
 
 

 


 


 
$
15.5

 


 
 

 
 
 
 
 
 
 
 
Income
 
 
 
 
 
 
 
 
 
 
 
 
(Loss)
 
 
 
 
 
 
Sales
 
Before
 
Depreciation
 
 
 
 
 
 
Inter-
 
 
 
Income
 
and
 
EBITDA
 
 
Trade
 
segment
 
Total
 
Taxes
 
Amortization
 
(a)
 
 
(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)
 
 
 
 
 
 
Sales
 
Before
 
Depreciation
 
 
 
 
 
 
Inter-
 
 
 
Income
 
and
 
EBITDA
 
 
Trade
 
segment
 
Total
 
Taxes
 
Amortization
 
(a)
 
 
(millions)
Nine Months Ended September 30, 2016
 
 

 
 

 
 

 
 

 
 

Wood Products
 
$
535.0

 
$
455.7

 
$
990.7

 
$
33.8

 
$
42.0

 
$
75.8

Building Materials Distribution
 
2,456.3

 
—

 
2,456.3

 
68.9

 
10.1

 
79.0

Corporate and Other
 
0.4

 
—

 
0.4

 
(19.9
)
 
1.1

 
(18.8
)
Intersegment eliminations
 
—

 
(455.7
)
 
(455.7
)
 
—

 
—

 
—

 
 
$
2,991.7

 
$
—

 
$
2,991.7

 
82.8

 
$
53.2

 
$
136.0

Interest expense
 
 
 
 
 
 
 
(19.4
)
 
 
 
 
Interest income
 
 
 
 
 
 
 
0.2

 
 
 
 
Change in fair value of interest rate swaps
 
 
 
 
 
 
 
(0.8
)
 
 
 
 
Loss on extinguishment of debt
 
 
 
 
 
 
 
(9.5
)
 
 
 
 
 
 
 
 
 
 
 
 
$
53.3

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Income
 
 
 
 
 
 
 
 
 
 
 
 
(Loss)
 
 
 
 
 
 
Sales
 
Before
 
Depreciation
 
 
 
 
 
 
Inter-
 
 
 
Income
 
and
 
EBITDA
 
 
Trade
 
segment
 
Total
 
Taxes
 
Amortization
 
(a)
 
 
(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

 
 
 
 
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
 
2016
 
2015
 
2016
 
2015
 
(millions)
Net income
$
10.0

 
$
22.0

 
$
34.2

 
$
49.9

Interest expense
7.1

 
5.7

 
19.4

 
16.8

Interest income
(0.1
)
 
(0.1
)
 
(0.2
)
 
(0.2
)
Change in fair value of interest rate swaps
(0.8
)
 
—

 
0.8

 
—

Loss on extinguishment of debt
9.5

 
—

 
9.5

 
—

Income tax provision
5.5

 
12.6

 
19.2

 
28.8

Depreciation and amortization
19.5

 
14.2

 
53.2

 
41.1

EBITDA
$
50.7

 
$
54.5

 
$
136.0

 
$
136.4