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Quarterly Results of Operations (unaudited) | 12 Months Ended
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Dec. 31, 2020
Quarterly Financial Information Disclosure [Abstract] |
Quarterly Financial Information [Text Block] | Quarterly Results of Operations (unaudited)
|  | 2020
|  | First Quarter (a) |  | Second Quarter |  | Third Quarter (b) |  | Fourth Quarter (c)
|  | (millions, except per-share amounts)
Net sales |  | $ | 1,170.5 |  |  | $ | 1,242.8 |  |  | $ | 1,589.3 |  |  | $ | 1,472.2 |
Income from operations |  | $ | 25.5 |  |  | $ | 51.8 |  |  | $ | 158.6 |  |  | $ | 99.1 |
Net income |  | $ | 12.2 |  |  | $ | 33.6 |  |  | $ | 103.2 |  |  | $ | 26.0 |
Net income per common share – Basic |  | $ | 0.31 |  |  | $ | 0.85 |  |  | $ | 2.62 |  |  | $ | 0.66 |
Net income per common share – Diluted |  | $ | 0.31 |  |  | $ | 0.85 |  |  | $ | 2.61 |  |  | $ | 0.66 |
|  | 2019
|  | First Quarter |  | Second Quarter |  | Third Quarter |  | Fourth Quarter
|  | (millions, except per-share amounts)
Net sales |  | $ | 1,042.1 |  |  | $ | 1,230.1 |  |  | $ | 1,269.5 |  |  | $ | 1,101.7 |
Income from operations |  | $ | 21.7 |  |  | $ | 45.1 |  |  | $ | 44.9 |  |  | $ | 24.8 |
Net income |  | $ | 11.4 |  |  | $ | 27.7 |  |  | $ | 27.2 |  |  | $ | 14.6 |
Net income per common share – Basic |  | $ | 0.29 |  |  | $ | 0.71 |  |  | $ | 0.70 |  |  | $ | 0.37 |
Net income per common share – Diluted |  | $ | 0.29 |  |  | $ | 0.71 |  |  | $ | 0.69 |  |  | $ | 0.37 |
__________________ (a)First quarter 2020 results include $15.0 million and $1.7 million, respectively, of pre-tax accelerated depreciation and other curtailment related costs, or $0.32 per share after-tax, related to the permanent curtailment of I-joist production at our Roxboro, North Carolina facility, as discussed in Note 6, Curtailment of Manufacturing Facilities. (b)Third quarter 2020 results include $14.0 million of pre-tax losses on extinguishment of debt, or $0.27 per share after-tax, as we refinanced our senior notes at a lower interest rate with an extended maturity, as discussed in Note 10, Debt. (c)Fourth quarter 2020 results include $6.2 million of pre-tax losses, or $0.12 per share after-tax, from a non-cash pension settlement charge related to the Plan Termination, as discussed in Note 12, Retirement and Benefit Plans. Fourth quarter 2020 results also include $38.8 million, or $0.98 per share, of incremental income tax expense related to the release of stranded tax effects upon Plan Termination, as discussed in Note 4, Income Taxes.

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- Definition The entire disclosure for quarterly financial data. Includes, but is not limited to, tabular presentation of financial information for fiscal quarters, effect of year-end adjustments, and an explanation of matters or transactions that affect comparability of the information. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -URI http://asc.fasb.org/topic&trid=2126967 + Details
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