Attached files
| file | filename |
|---|---|
| 8-K - FORM 8-K - LOUISIANA-PACIFIC CORP | d8k.htm |
| EX-99.1 - PRESS RELEASE - LOUISIANA-PACIFIC CORP | dex991.htm |
Exhibit 99.2
| (Dollar amounts in millions) | OSB | Siding | EWP | Other | Corporate | Total | ||||||||||||||||||
| Three Months Ended March 31, 2011 | ||||||||||||||||||||||||
| Sales |
$ | 132.1 | $ | 106.2 | $ | 48.3 | $ | 45.8 | $ | (0.7 | ) | $ | 331.7 | |||||||||||
| Depreciation and amortization |
9.2 | 4.3 | 4.2 | 3.2 | 0.5 | 21.4 | ||||||||||||||||||
| Cost of sales and selling and administative |
130.2 | 89.2 | 49.4 | 38.4 | 16.6 | 323.8 | ||||||||||||||||||
| (Gain) loss on sale or impairment of long lived assets |
5.5 | 5.5 | ||||||||||||||||||||||
| Other operating credits and charges, net |
(0.8 | ) | (0.8 | ) | ||||||||||||||||||||
| Total operating costs |
139.4 | 93.5 | 53.6 | 41.6 | 21.8 | 349.9 | ||||||||||||||||||
| Income (loss) from operations |
(7.3 | ) | 12.7 | (5.3 | ) | 4.2 | (22.5 | ) | (18.2 | ) | ||||||||||||||
| Total non-operating income (expense) |
(8.2 | ) | (8.2 | ) | ||||||||||||||||||||
| Income (loss) before income taxes and equity in earnings of unconsolidated affiliates |
(7.3 | ) | 12.7 | (5.3 | ) | 4.2 | (30.7 | ) | (26.4 | ) | ||||||||||||||
| Provision (benefit) for income taxes |
(6.8 | ) | (6.8 | ) | ||||||||||||||||||||
| Equity in (income) loss of unconsolidated affiliates |
1.8 | 0.2 | 1.3 | 3.3 | ||||||||||||||||||||
| Income (loss) from continuing operations |
(9.1 | ) | 12.7 | (5.5 | ) | 2.9 | (23.9 | ) | (22.9 | ) | ||||||||||||||
| Reconciliation of income (loss) from continuing operations to adjusted EBITDA from continuing operations |
||||||||||||||||||||||||
| Income (loss) from continuing operations |
(9.1 | ) | 12.7 | (5.5 | ) | 2.9 | (23.9 | ) | (22.9 | ) | ||||||||||||||
| Income tax benefit |
(6.8 | ) | (6.8 | ) | ||||||||||||||||||||
| Interest expense, net of capitalized interest |
14.0 | 14.0 | ||||||||||||||||||||||
| Depreciation and amortization |
9.2 | 4.3 | 4.2 | 3.2 | 0.5 | 21.4 | ||||||||||||||||||
| EBITDA from continuing operations |
0.1 | 17.0 | (1.3 | ) | 6.1 | (16.2 | ) | 5.7 | ||||||||||||||||
| Stock based compensation expense |
0.2 | 0.1 | 0.1 | — | 3.1 | 3.5 | ||||||||||||||||||
| (Gain) loss on sale or impairment of long lived assets |
5.5 | 5.5 | ||||||||||||||||||||||
| Investment income |
(4.0 | ) | (4.0 | ) | ||||||||||||||||||||
| Other operating credits and charges, net |
(0.8 | ) | (0.8 | ) | ||||||||||||||||||||
| Adjusted EBITDA from continuing operations |
$ | 0.3 | $ | 17.1 | $ | (1.2 | ) | $ | 6.1 | $ | (12.4 | ) | $ | 9.9 | ||||||||||
| (Dollar amounts in millions) | OSB | Siding | EWP | Other | Corporate | Total | ||||||||||||||||||
| Three Months ended March 31, 2010 | ||||||||||||||||||||||||
| Sales |
$ | 117.6 | $ | 89.8 | $ | 48.8 | $ | 41.3 | $ | (0.5 | ) | $ | 297.0 | |||||||||||
| Depreciation and amortization |
8.6 | 5.1 | 3.4 | 2.7 | 0.6 | 20.4 | ||||||||||||||||||
| Cost of sales and selling and administative |
113.9 | 76.2 | 51.8 | 37.5 | 18.7 | 298.1 | ||||||||||||||||||
| (Gain) loss on sale or impairment of long lived assets |
1.3 | 1.3 | ||||||||||||||||||||||
| Other operating credits and charges, net |
(0.1 | ) | (0.1 | ) | ||||||||||||||||||||
| Total operating costs |
122.5 | 81.3 | 55.2 | 40.2 | 20.5 | 319.7 | ||||||||||||||||||
| Income (loss) from operations |
(4.9 | ) | 8.5 | (6.4 | ) | 1.1 | (21.0 | ) | (22.7 | ) | ||||||||||||||
| Total non-operating income (expense) |
(9.4 | ) | (9.4 | ) | ||||||||||||||||||||
| Income (loss) before income taxes and equity in earnings of unconsolidated affiliates |
(4.9 | ) | 8.5 | (6.4 | ) | 1.1 | (30.4 | ) | (32.1 | ) | ||||||||||||||
| Provision (benefit) for income taxes |
(10.3 | ) | (10.3 | ) | ||||||||||||||||||||
| Equity in (income) loss of unconsolidated affiliates |
(0.4 | ) | 0.2 | 0.9 | 0.7 | |||||||||||||||||||
| Income (loss) from continuing operations |
(4.5 | ) | 8.5 | (6.6 | ) | 0.2 | (20.1 | ) | (22.5 | ) | ||||||||||||||
| Reconciliation of income (loss) from continuing operations to adjusted EBITDA from continuing operations |
||||||||||||||||||||||||
| Income (loss) from continuing operations |
(4.5 | ) | 8.5 | (6.6 | ) | 0.2 | (20.1 | ) | (22.5 | ) | ||||||||||||||
| Income tax benefit |
(10.3 | ) | (10.3 | ) | ||||||||||||||||||||
| Interest expense, net of capitalized interest |
16.8 | 16.8 | ||||||||||||||||||||||
| Depreciation and amortization |
8.6 | 5.1 | 3.4 | 2.7 | 0.6 | 20.4 | ||||||||||||||||||
| EBITDA from continuing operations |
4.1 | 13.6 | (3.2 | ) | 2.9 | (13.0 | ) | 4.4 | ||||||||||||||||
| Stock based compensation expense |
0.2 | 0.2 | 0.1 | — | 2.7 | 3.2 | ||||||||||||||||||
| (Gain) loss on sale or impairment of long lived assets |
1.3 | 1.3 | ||||||||||||||||||||||
| Investment income |
(5.9 | ) | (5.9 | ) | ||||||||||||||||||||
| Other operating credits and charges, net |
(0.1 | ) | (0.1 | ) | ||||||||||||||||||||
| Adjusted EBITDA from continuing operations |
$ | 4.3 | $ | 13.8 | $ | (3.1 | ) | $ | 2.9 | $ | (15.0 | ) | $ | 2.9 | ||||||||||