Attached files
| file | filename |
|---|---|
| EX-99.1 - PRESS RELEASE - LOUISIANA-PACIFIC CORP | dex991.htm |
| 8-K - FORM 8-K - LOUISIANA-PACIFIC CORP | d8k.htm |
Exhibit 99.2
| OSB | Siding | EWP | Other | Corporate | Total | |||||||||||||||||||
| Quarter ended 6/30/2011 |
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| Sales |
$ | 140.6 | $ | 118.6 | $ | 53.6 | $ | 49.9 | $ | (0.3 | ) | $ | 362.4 | |||||||||||
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| Depreciation and amortization |
9.4 | 3.9 | 3.1 | 3.3 | 0.5 | 20.2 | ||||||||||||||||||
| Cost of sales and selling and administative |
148.6 | 103.4 | 53.7 | 42.5 | 15.7 | 363.9 | ||||||||||||||||||
| Loss on sale or impairment of long lived assets |
— | — | — | — | 2.5 | 2.5 | ||||||||||||||||||
| Other operating credits and charges, net |
— | — | — | — | (0.6 | ) | (0.6 | ) | ||||||||||||||||
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| Total operating costs |
158.0 | 107.3 | 56.8 | 45.8 | 18.1 | 386.0 | ||||||||||||||||||
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| (Loss) income from operations |
(17.4 | ) | 11.3 | (3.2 | ) | 4.1 | (18.4 | ) | (23.6 | ) | ||||||||||||||
| Total non-operating expense |
(10.3 | ) | (10.3 | ) | ||||||||||||||||||||
| Income (loss) before income taxes and equity in |
(17.4 | ) | 11.3 | (3.2 | ) | 4.1 | (28.7 | ) | (33.9 | ) | ||||||||||||||
| Benefit for income taxes |
(8.4 | ) | (8.4 | ) | ||||||||||||||||||||
| Equity in loss of unconsolidated affiliates |
5.5 | — | — | 1.9 | — | 7.4 | ||||||||||||||||||
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| Income (loss) from continuing operations |
(22.9 | ) | 11.3 | (3.2 | ) | 2.2 | (20.3 | ) | (32.9 | ) | ||||||||||||||
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| Income (loss) from continuing operations |
(22.9 | ) | 11.3 | (3.2 | ) | 2.2 | (20.3 | ) | (32.9 | ) | ||||||||||||||
| Benefit for income taxes |
— | — | — | — | (8.4 | ) | (8.4 | ) | ||||||||||||||||
| Interest expense, net of capitalized interest |
— | — | — | — | 14.4 | 14.4 | ||||||||||||||||||
| Depreciation and amortization |
9.4 | 3.9 | 3.1 | 3.3 | 0.5 | 20.2 | ||||||||||||||||||
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| EBITDA from continuing operations |
(13.5 | ) | 15.2 | (0.1 | ) | 5.5 | (13.8 | ) | (6.7 | ) | ||||||||||||||
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| Stock based compensation expense |
0.2 | 0.1 | 0.1 | — | 1.0 | 1.4 | ||||||||||||||||||
| (Gain) loss on sale or impairment |
2.5 | 2.5 | ||||||||||||||||||||||
| Investment income |
(3.5 | ) | (3.5 | ) | ||||||||||||||||||||
| Other operating credits and charges, net |
(0.6 | ) | (0.6 | ) | ||||||||||||||||||||
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| Adjusted EBITDA from continuing |
$ | (13.3 | ) | $ | 15.3 | $ | (0.0 | ) | $ | 5.5 | $ | (14.4 | ) | $ | (6.9 | ) | ||||||||
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| Quarter ended June 30, 2010 |
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| Sales |
$ | 217.8 | $ | 130.6 | $ | 55.9 | $ | 47.6 | $ | (4.4 | ) | $ | 447.5 | |||||||||||
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| Depreciation and amortization |
9.9 | 5.4 | 3.7 | 2.8 | 0.6 | 22.4 | ||||||||||||||||||
| Cost of sales and selling and administative |
162.7 | 103.1 | 56.4 | 39.3 | 14.2 | 375.7 | ||||||||||||||||||
| Loss on sale or impairment of long lived assets |
— | — | — | — | (0.1 | ) | (0.1 | ) | ||||||||||||||||
| Other operating credits and charges, net |
— | — | — | — | 0.6 | 0.6 | ||||||||||||||||||
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| Total operating costs |
172.6 | 108.5 | 60.1 | 42.1 | 15.3 | 398.6 | ||||||||||||||||||
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| (Loss) income from operations |
45.2 | 21.8 | (4.4 | ) | 5.5 | (19.2 | ) | 48.9 | ||||||||||||||||
| Total non-operating expense |
(13.5 | ) | (13.5 | ) | ||||||||||||||||||||
| Income (loss) before income taxes and equity in |
45.2 | 21.8 | (4.4 | ) | 5.5 | (32.7 | ) | 35.4 | ||||||||||||||||
| Benefit for income taxes |
12.7 | 12.7 | ||||||||||||||||||||||
| Equity in loss of unconsolidated affiliates |
(2.7 | ) | — | — | 1.8 | — | (0.9 | ) | ||||||||||||||||
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| Income (loss) from continuing operations |
47.9 | 21.8 | (4.4 | ) | 3.7 | (45.4 | ) | 23.6 | ||||||||||||||||
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| Income (loss) from continuing operations |
47.9 | 21.8 | (4.4 | ) | 3.7 | (45.4 | ) | 23.6 | ||||||||||||||||
| Benefit for income taxes |
— | — | — | — | 12.7 | 12.7 | ||||||||||||||||||
| Interest expense, net of capitalized interest |
— | — | — | — | 17.7 | 17.7 | ||||||||||||||||||
| Depreciation and amortization |
9.9 | 5.4 | 3.7 | 2.8 | 0.6 | 22.4 | ||||||||||||||||||
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| EBITDA from continuing operations |
57.8 | 27.2 | (0.7 | ) | 6.5 | (14.4 | ) | 76.4 | ||||||||||||||||
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| Stock based compensation expense |
0.2 | 0.2 | 0.1 | — | 1.6 | 2.1 | ||||||||||||||||||
| (Gain) loss on sale or impairment |
(0.1 | ) | (0.1 | ) | ||||||||||||||||||||
| Investment income |
(4.3 | ) | (4.3 | ) | ||||||||||||||||||||
| Other operating credits and charges, net |
0.6 | 0.6 | ||||||||||||||||||||||
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| Adjusted EBITDA from continuing |
$ | 58.0 | $ | 27.4 | $ | (0.6 | ) | $ | 6.5 | $ | (16.6 | ) | $ | 74.7 | ||||||||||
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| Six months ended 6/30/2011 |
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| Sales |
$ | 272.6 | $ | 224.7 | $ | 101.9 | $ | 95.8 | $ | (0.9 | ) | $ | 694.1 | |||||||||||
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| Depreciation and amortization |
18.7 | 8.2 | 7.3 | 6.4 | 1.1 | 41.7 | ||||||||||||||||||
| Cost of sales and selling and administative |
278.6 | 192.5 | 103.0 | 81.0 | 32.5 | 687.6 | ||||||||||||||||||
| Loss on sale or impairment of long lived assets |
— | — | — | — | 8.0 | 8.0 | ||||||||||||||||||
| Other operating credits and charges, net |
— | — | — | — | (1.4 | ) | (1.4 | ) | ||||||||||||||||
| Total operating costs |
297.3 | 200.7 | 110.3 | 87.4 | 40.2 | 735.9 | ||||||||||||||||||
| (Loss) income from operations |
(24.7 | ) | 24.0 | (8.4 | ) | 8.4 | (41.1 | ) | (41.8 | ) | ||||||||||||||
| Total non-operating expense |
(18.5 | ) | (18.5 | ) | ||||||||||||||||||||
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| Income (loss) before income taxes and equity in |
(24.7 | ) | 24.0 | (8.4 | ) | 8.4 | (59.6 | ) | (60.3 | ) | ||||||||||||||
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| Benefit for income taxes |
(15.2 | ) | (15.2 | ) | ||||||||||||||||||||
| Equity in loss of unconsolidated affiliates |
7.3 | — | 0.3 | 3.1 | — | 10.7 | ||||||||||||||||||
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| Income (loss) from continuing operations |
(32.0 | ) | 24.0 | (8.7 | ) | 5.3 | (44.4 | ) | (55.8 | ) | ||||||||||||||
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| Income (loss) from continuing operations |
(32.0 | ) | 24.0 | (8.7 | ) | 5.3 | (44.4 | ) | (55.8 | ) | ||||||||||||||
| Benefit for income taxes |
— | — | — | — | (15.2 | ) | (15.2 | ) | ||||||||||||||||
| Interest expense, net of capitalized interest |
— | — | — | — | 28.4 | 28.4 | ||||||||||||||||||
| Depreciation and amortization |
18.7 | 8.2 | 7.3 | 6.4 | 1.1 | 41.7 | ||||||||||||||||||
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| EBITDA from continuing operations |
(13.3 | ) | 32.2 | (1.4 | ) | 11.7 | (30.1 | ) | (0.9 | ) | ||||||||||||||
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| Stock based compensation expense |
0.4 | 0.2 | 0.2 | — | 4.0 | 4.8 | ||||||||||||||||||
| (Gain) loss on sale or impairment |
8.0 | 8.0 | ||||||||||||||||||||||
| Investment income |
(7.5 | ) | (7.5 | ) | ||||||||||||||||||||
| Other operating credits and charges, net |
(1.4 | ) | (1.4 | ) | ||||||||||||||||||||
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| Adjusted EBITDA from continuing |
$ | (12.9 | ) | $ | 32.4 | $ | (1.2 | ) | $ | 11.7 | $ | (27.0 | ) | $ | 3.0 | |||||||||
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| Six months ended 6/30/2010 |
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| Sales |
$ | 335.4 | $ | 220.4 | $ | 104.7 | $ | 88.9 | $ | (4.9 | ) | $ | 744.5 | |||||||||||
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| Depreciation and amortization |
18.5 | 10.5 | 7.1 | 5.5 | 1.2 | 42.8 | ||||||||||||||||||
| Cost of sales and selling and administative |
276.7 | 179.6 | 108.3 | 76.8 | 32.4 | 673.8 | ||||||||||||||||||
| Loss on sale or impairment of long lived assets |
— | — | — | — | 1.2 | 1.2 | ||||||||||||||||||
| Other operating credits and charges, net |
— | — | — | — | 0.5 | 0.5 | ||||||||||||||||||
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| Total operating costs |
295.2 | 190.1 | 115.4 | 82.3 | 35.3 | 718.3 | ||||||||||||||||||
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| (Loss) income from operations |
40.2 | 30.3 | (10.7 | ) | 6.6 | (40.2 | ) | 26.2 | ||||||||||||||||
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| Total non-operating expense |
(22.9 | ) | (22.9 | ) | ||||||||||||||||||||
| Income (loss) before income taxes and equity in |
40.2 | 30.3 | (10.7 | ) | 6.6 | (63.1 | ) | 3.3 | ||||||||||||||||
| Benefit for income taxes |
2.4 | 2.4 | ||||||||||||||||||||||
| Equity in loss of unconsolidated affiliates |
(3.2 | ) | — | 0.3 | 2.7 | — | (0.2 | ) | ||||||||||||||||
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| Income (loss) from continuing operations |
43.4 | 30.3 | (11.0 | ) | 3.9 | (65.5 | ) | 1.1 | ||||||||||||||||
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| Income (loss) from continuing operations |
43.4 | 30.3 | (11.0 | ) | 3.9 | (65.5 | ) | 1.1 | ||||||||||||||||
| Benefit for income taxes |
— | — | — | — | 2.4 | 2.4 | ||||||||||||||||||
| Interest expense, net of capitalized interest |
— | — | — | — | 34.5 | 34.5 | ||||||||||||||||||
| Depreciation and amortization |
18.5 | 10.5 | 7.1 | 5.5 | 1.2 | 42.8 | ||||||||||||||||||
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| EBITDA from continuing operations |
61.9 | 40.8 | (3.9 | ) | 9.4 | (27.4 | ) | 80.8 | ||||||||||||||||
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| Stock based compensation expense |
0.5 | 0.3 | 0.3 | — | 4.2 | 5.3 | ||||||||||||||||||
| (Gain) loss on sale or impairment |
1.2 | 1.2 | ||||||||||||||||||||||
| Investment income |
(10.2 | ) | (10.2 | ) | ||||||||||||||||||||
| Other operating credits and charges, net |
0.5 | 0.5 | ||||||||||||||||||||||
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| Adjusted EBITDA from continuing |
$ | 62.4 | $ | 41.1 | $ | (3.6 | ) | $ | 9.4 | $ | (31.7 | ) | $ | 77.6 | ||||||||||
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