LPX FY 2012 Earnings Report — Louisiana-Pacific Corporation Revenue & Financial Results | Market Cap Arena

Louisiana-Pacific CorporationLPX

FY 2012 Earnings

Reported February 28, 2013

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2012	Prior Q	FY 2011	QoQ Change	YoY Change
Revenue	$1.7B	—	—	—	—
Op. Income	$107M	—	—	—	—
Gross Margin	18.2%	—	—	—	—
Net Margin	1.7%	—	—	—	—
EPS (Diluted)	$0.20	—	—	—	—
Free Cash Flow	$84M	—	—	—	—

Revenue Flow

Item	Amount
REVENUE	$1.7B
Cost of Revenue	$1.4B
GROSS PROFIT	$313M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$129M
SG&A Expenses	$129M
Other Expenses	-$35M
Operating Expenses	$200M
Cost & Expenses	$1.6B
OPERATING INCOME	$107M
Interest Income	$0
Interest Expense	$49M
Other Income/Expenses	-$66M
INCOME BEFORE TAX	$38M
Income Tax Expense	$8M
Net Income from Continuing Ops	$30M
Net Income from Discontinued Ops	-$3M
Other Adjustments	$2M
NET INCOME	$29M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$29M
D&A	$74M
EBIT	$83M
EBITDA	$161M
EPS	$0
EPS Diluted	$0

Income Statement

Item	Amount
REVENUE	$1.7B
Cost of Revenue	$1.4B
GROSS PROFIT	$313M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$129M
SG&A Expenses	$129M
Other Expenses	-$35M
Operating Expenses	$200M
Cost & Expenses	$1.6B
OPERATING INCOME	$107M
Interest Income	$0
Interest Expense	$49M
Other Income/Expenses	-$66M
INCOME BEFORE TAX	$38M
Income Tax Expense	$8M
Net Income from Continuing Ops	$30M
Net Income from Discontinued Ops	-$3M
Other Adjustments	$2M
NET INCOME	$29M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$29M
D&A	$74M
EBIT	$83M
EBITDA	$161M
EPS	$0
EPS Diluted	$0

Cash Flow Statement

Item	Amount
Net Income	$29M
Depreciation & Amortization	$74M
Stock-Based Compensation	$8M
Deferred Income Tax	$0
Other Non-Cash Items	$43M
Change in Working Capital	-$42M
OPERATING CASH FLOW	$115M
Capital Expenditure	-$31M
Acquisitions (Net)	$13M
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	$40M
NET CASH FROM INVESTING	$22M
Net Debt Issuance	$97M
Common Stock Repurchased	$0
Common Dividends Paid	$0
Other Financing Activities	-$6M
NET CASH FROM FINANCING	$92M
FREE CASH FLOW	$84M
Net Change in Cash	$221M

Balance Sheet

Item	Amount
Cash & Equivalents	$561M
Short-Term Investments	$0
Net Receivables	$174M
Inventory	$210M
Other Current Assets	$30M
TOTAL CURRENT ASSETS	$996M
PP&E (Net)	$766M
Goodwill	$0
Intangible Assets	$40M
Long-Term Investments	$71M
Tax Assets	$5M
Other Non-Current Assets	$509M
TOTAL NON-CURRENT ASSETS	$1.4B
TOTAL ASSETS	$2.3B
Account Payables	$71M
Short-Term Debt	$98M
Deferred Revenue	$0
Other Current Liabilities	$14M
TOTAL CURRENT LIABILITIES	$239M
Long-Term Debt	$783M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$94M
Other Non-Current Liabilities	$182M
TOTAL NON-CURRENT LIABILITIES	$1.1B
TOTAL LIABILITIES	$1.3B
Common Stock	$150M
Additional Paid-In Capital	$534M
Retained Earnings	$711M
Treasury Stock	-$253M
Accum. Other Comp. Income	-$108M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$1.0B
Minority Interest	$0
TOTAL EQUITY	$1.0B
TOTAL LIABILITIES & EQUITY	$2.3B
Total Debt	$881M
Net Debt	$320M