Louisiana-Pacific Corporation (LPX) Financial Statements (2024 and earlier)
Company Profile
Business Address |
1610 WEST END AVE. NASHVILLE, TN 37203 |
State of Incorp. | DE |
Fiscal Year End | December 31 |
Industry (SIC) | 24 - Lumber And Wood Products, Except Furniture (benchmarking) |
More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)Annual | Quarterly
9/30/2023 Q3 | 6/30/2023 Q2 | 3/31/2023 Q1 | 12/31/2022 Q4 | 9/30/2022 Q3 | 6/30/2022 Q2 | 3/31/2022 Q1 | |||
---|---|---|---|---|---|---|---|---|---|
ASSETS | |||||||||
Current Assets | |||||||||
Cash, cash equivalents, and short-term investments | 71,000 | 126,000 | 369,000 | 469,000 | 503,000 | 624,000 | |||
Cash and cash equivalents | 71,000 | 126,000 | 369,000 | 469,000 | 503,000 | 624,000 | |||
Receivables | 172,000 | 148,000 | 127,000 | 171,000 | 219,000 | 320,000 | |||
Inventory, net of allowances, customer advances and progress billings | 407,000 | 415,000 | 337,000 | 337,000 | 309,000 | 382,000 | |||
Inventory | 407,000 | 415,000 | 337,000 | 337,000 | 309,000 | 382,000 | |||
Prepaid expense | 21,000 | 23,000 | 20,000 | 24,000 | 28,000 | 15,000 | |||
Disposal group, including discontinued operation | 148,000 | ||||||||
Other undisclosed current assets | 1,000 | 1,000 | 1,000 | ||||||
Total current assets: | 671,000 | 713,000 | 854,000 | 1,001,000 | 1,208,000 | 1,341,000 | |||
Noncurrent Assets | |||||||||
Operating lease, right-of-use asset | 31,000 | 42,000 | 44,000 | 44,000 | 46,000 | 51,000 | |||
Property, plant and equipment | 1,504,000 | 1,397,000 | 1,326,000 | 1,215,000 | 1,166,000 | 1,132,000 | |||
Long-term investments and receivables | 6,000 | 5,000 | 6,000 | 7,000 | 7,000 | 7,000 | |||
Long-term investments | 6,000 | 5,000 | 6,000 | 7,000 | 7,000 | 7,000 | |||
Intangible assets, net (including goodwill), including: | 27,000 | 36,000 | 64,000 | 37,000 | 37,000 | 38,000 | |||
Goodwill | 19,000 | 19,000 | 19,000 | 19,000 | 19,000 | 19,000 | |||
Intangible assets, net (excluding goodwill) | 45,000 | ||||||||
Other undisclosed intangible assets, net (including goodwill) | 8,000 | 17,000 | 18,000 | 18,000 | 19,000 | ||||
Restricted cash and investments | 14,000 | 14,000 | 13,000 | 14,000 | |||||
Deferred income tax assets | 7,000 | ||||||||
Other noncurrent assets | 24,000 | 24,000 | 24,000 | 23,000 | 25,000 | 25,000 | |||
Other undisclosed noncurrent assets | 39,000 | 42,000 | 11,000 | 42,000 | 45,000 | 62,000 | |||
Total noncurrent assets: | 1,631,000 | 1,546,000 | 1,496,000 | 1,382,000 | 1,339,000 | 1,329,000 | |||
TOTAL ASSETS: | 2,302,000 | 2,259,000 | 2,350,000 | 2,383,000 | 2,547,000 | 2,670,000 | |||
LIABILITIES AND EQUITY | |||||||||
Liabilities | |||||||||
Current Liabilities | |||||||||
Accounts payable and accrued liabilities, including: | 262,000 | 227,000 | 317,000 | 342,000 | 315,000 | 330,000 | |||
Taxes payable | ✕ | ✕ | ✕ | ✕ | ✕ | 80,000 | 129,000 | ||
Accrued liabilities | 7,000 | 3,000 | 133,000 | 2,000 | 2,000 | 2,000 | |||
Other undisclosed accounts payable and accrued liabilities | 255,000 | 224,000 | 184,000 | 340,000 | 233,000 | 199,000 | |||
Disposal group, including discontinued operation | 69,000 | ||||||||
Other undisclosed current liabilities | 5,000 | 2,000 | 19,000 | 88,000 | 80,000 | 129,000 | |||
Total current liabilities: | 267,000 | 229,000 | 336,000 | 430,000 | 464,000 | 459,000 | |||
Noncurrent Liabilities | |||||||||
Long-term debt and lease obligation, including: | 377,000 | 347,000 | 346,000 | 346,000 | 346,000 | 346,000 | |||
Long-term debt, excluding current maturities | 346,000 | ||||||||
Other undisclosed long-term debt and lease obligation | 377,000 | 347,000 | 306,000 | 302,000 | 302,000 | ||||
Liabilities, other than long-term debt | 221,000 | 213,000 | 224,000 | 182,000 | 184,000 | 189,000 | |||
Accounts payable and accrued liabilities | 7,000 | 7,000 | 6,000 | 6,000 | 6,000 | 6,000 | |||
Deferred compensation liability, classified | 2,000 | ||||||||
Asset retirement obligations | 8,000 | ||||||||
Deferred income tax liabilities | 127,000 | 115,000 | 113,000 | 107,000 | 114,000 | 103,000 | |||
Liability, pension and other postretirement and postemployment benefits | 1,000 | ||||||||
Other liabilities | 54,000 | 56,000 | 53,000 | 69,000 | 64,000 | 80,000 | |||
Operating lease, liability | 33,000 | 35,000 | 41,000 | 40,000 | 44,000 | 44,000 | |||
Other undisclosed noncurrent liabilities | 18,000 | 19,000 | 10,000 | 61,000 | 65,000 | 60,000 | |||
Total noncurrent liabilities: | 616,000 | 579,000 | 580,000 | 589,000 | 595,000 | 595,000 | |||
Total liabilities: | 883,000 | 808,000 | 916,000 | 1,019,000 | 1,059,000 | 1,054,000 | |||
Temporary equity, carrying amount | 1,000 | 3,000 | 3,000 | 3,000 | |||||
Equity | |||||||||
Equity, attributable to parent, including: | 1,419,000 | 1,450,000 | 1,433,000 | 1,361,000 | 1,484,000 | 1,613,000 | |||
Common stock | 88,000 | 88,000 | 88,000 | 88,000 | 94,000 | 101,000 | |||
Treasury stock, value | (387,000) | (388,000) | (388,000) | (390,000) | (390,000) | (391,000) | |||
Additional paid in capital | 458,000 | 455,000 | 462,000 | 459,000 | 457,000 | 451,000 | |||
Accumulated other comprehensive loss | (78,000) | (80,000) | (99,000) | (190,000) | (181,000) | (149,000) | |||
Retained earnings | 1,337,000 | 1,375,000 | 1,371,000 | 1,395,000 | 1,505,000 | 1,601,000 | |||
Other undisclosed equity, attributable to parent | 1,000 | (1,000) | (1,000) | (1,000) | |||||
Other undisclosed equity | 1,000 | 1,000 | |||||||
Total equity: | 1,419,000 | 1,450,000 | 1,434,000 | 1,361,000 | 1,485,000 | 1,613,000 | |||
TOTAL LIABILITIES AND EQUITY: | 2,302,000 | 2,259,000 | 2,350,000 | 2,383,000 | 2,547,000 | 2,670,000 |
Income Statement (P&L) ($ in thousands)Annual | Quarterly
9/30/2023 Q3 | 6/30/2023 Q2 | 3/31/2023 Q1 | 12/31/2022 Q4 | 9/30/2022 Q3 | 6/30/2022 Q2 | 3/31/2022 Q1 | ||
---|---|---|---|---|---|---|---|---|
Revenues | 611,000 | 584,000 | 705,000 | 852,000 | 1,130,000 | 1,337,000 | ||
Cost of revenue (Cost of Goods and Services Sold) | (492,000) | (483,000) | (577,000) | (620,000) | (611,000) | (676,000) | ||
Other undisclosed gross profit | (1,000) | |||||||
Gross profit: | 119,000 | 101,000 | 128,000 | 232,000 | 518,000 | 661,000 | ||
Operating expenses | (90,000) | (66,000) | (69,000) | (67,000) | (67,000) | (65,000) | ||
Other operating income (expense), net | (21,000) | (5,000) | (1,000) | 7,000 | 11,000 | 38,000 | ||
Other expenses | (3,000) | |||||||
Other undisclosed operating income (loss) | 1,000 | (1,000) | ||||||
Operating income: | 8,000 | 30,000 | 59,000 | 172,000 | 462,000 | 633,000 | ||
Nonoperating income (expense) | (6,000) | (3,000) | (94,000) | 3,000 | 4,000 | (9,000) | ||
Investment income, nonoperating | 2,000 | 5,000 | (8,000) | 5,000 | 2,000 | 1,000 | ||
Gain, foreign currency transaction, before tax | 2,000 | |||||||
Net periodic defined benefits expense (reversal of expense), excluding service cost component | (1,000) | |||||||
Other nonoperating income (expense) | (8,000) | (8,000) | (86,000) | (3,000) | 2,000 | (10,000) | ||
Interest and debt expense | (3,000) | (3,000) | (5,000) | (3,000) | (3,000) | (3,000) | ||
Other undisclosed income from continuing operations before equity method investments, income taxes | 16,000 | |||||||
Income (loss) from continuing operations before equity method investments, income taxes: | (1,000) | 24,000 | (24,000) | 172,000 | 463,000 | 621,000 | ||
Other undisclosed income (loss) from continuing operations before income taxes | (1,000) | 5,000 | ||||||
Income (loss) from continuing operations before income taxes: | (1,000) | 23,000 | (19,000) | 172,000 | 463,000 | 621,000 | ||
Income tax expense (benefit) | (21,000) | (1,000) | 10,000 | (44,000) | (116,000) | (139,000) | ||
Other undisclosed income (loss) from continuing operations | 1,000 | (4,000) | 1,000 | 1,000 | ||||
Income (loss) from continuing operations: | (21,000) | 22,000 | (13,000) | 129,000 | 348,000 | 482,000 | ||
Income before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | ✕ | 226,000 | 385,000 | 482,000 | |
Income from discontinued operations | 2,000 | 97,000 | 37,000 | |||||
Other undisclosed net income | 1,000 | 1,000 | ||||||
Net income (loss): | (21,000) | 22,000 | (10,000) | 226,000 | 385,000 | 483,000 | ||
Net income (loss) attributable to noncontrolling interest | 1,000 | (1,000) | 2,000 | 1,000 | ||||
Other undisclosed net loss attributable to parent | (1,000) | |||||||
Net income (loss) available to common stockholders, diluted: | (20,000) | 21,000 | (8,000) | 226,000 | 384,000 | 484,000 |
Comprehensive Income ($ in thousands)Annual | Quarterly
9/30/2023 Q3 | 6/30/2023 Q2 | 3/31/2023 Q1 | 12/31/2022 Q4 | 9/30/2022 Q3 | 6/30/2022 Q2 | 3/31/2022 Q1 | ||
---|---|---|---|---|---|---|---|---|
Net income (loss): | (21,000) | 22,000 | (10,000) | 226,000 | 385,000 | 483,000 | ||
Other comprehensive income (loss) | 1,000 | 19,000 | (31,000) | 24,000 | ||||
Other undisclosed comprehensive income (loss) | 1,000 | 91,000 | (10,000) | 1,000 | ||||
Comprehensive income (loss): | (20,000) | 42,000 | 81,000 | 216,000 | 354,000 | 508,000 | ||
Comprehensive income (loss), net of tax, attributable to noncontrolling interest | 1,000 | (1,000) | ||||||
Other undisclosed comprehensive income, net of tax, attributable to parent | 2,000 | |||||||
Comprehensive income (loss), net of tax, attributable to parent: | (19,000) | 41,000 | 83,000 | 216,000 | 354,000 | 508,000 |
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.