LPX FY 2016 Earnings Report — Louisiana-Pacific Corporation Revenue & Financial Results | Market Cap Arena

Louisiana-Pacific CorporationLPX

FY 2016 Earnings

Reported February 14, 2017

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2016	Prior Q	FY 2015	QoQ Change	YoY Change
Revenue	$2.2B	—	$1.9B	—	18.0%
Op. Income	$204M	—	-$63M	—	422.3%
Gross Margin	22.8%	—	11.1%	—	11.7pp
Net Margin	6.7%	—	-4.7%	—	11.4pp
EPS (Diluted)	$1.03	—	$-0.62	—	266.1%
Free Cash Flow	$218M	—	-$86M	—	352.0%

Revenue Flow

Item	Amount
REVENUE	$2.2B
Cost of Revenue	$1.7B
GROSS PROFIT	$509M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$184M
SG&A Expenses	$184M
Other Expenses	-$15M
Operating Expenses	$314M
Cost & Expenses	$2.0B
OPERATING INCOME	$204M
Interest Income	$8M
Interest Expense	$32M
Other Income/Expenses	-$45M
INCOME BEFORE TAX	$165M
Income Tax Expense	$20M
Net Income from Continuing Ops	$150M
Net Income from Discontinued Ops	$0
Other Adjustments	-$500.0K
NET INCOME	$150M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$150M
D&A	$113M
EBIT	$196M
EBITDA	$308M
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$2.2B
Cost of Revenue	$1.7B
GROSS PROFIT	$509M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$184M
SG&A Expenses	$184M
Other Expenses	-$15M
Operating Expenses	$314M
Cost & Expenses	$2.0B
OPERATING INCOME	$204M
Interest Income	$8M
Interest Expense	$32M
Other Income/Expenses	-$45M
INCOME BEFORE TAX	$165M
Income Tax Expense	$20M
Net Income from Continuing Ops	$150M
Net Income from Discontinued Ops	$0
Other Adjustments	-$500.0K
NET INCOME	$150M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$150M
D&A	$113M
EBIT	$196M
EBITDA	$308M
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$150M
Depreciation & Amortization	$113M
Stock-Based Compensation	$13M
Deferred Income Tax	$0
Other Non-Cash Items	$19M
Change in Working Capital	$48M
OPERATING CASH FLOW	$342M
Capital Expenditure	-$125M
Acquisitions (Net)	$0
Purchases of Investments	$0
Sales/Maturities of Investments	$1M
Other Investing Activities	$410M
NET CASH FROM INVESTING	$286M
Net Debt Issuance	-$393M
Common Stock Repurchased	-$100.0K
Common Dividends Paid	$0
Other Financing Activities	-$15M
NET CASH FROM FINANCING	-$407M
FREE CASH FLOW	$218M
Net Change in Cash	$225M

Balance Sheet

Item	Amount
Cash & Equivalents	$659M
Short-Term Investments	$0
Net Receivables	$108M
Inventory	$235M
Other Current Assets	$0
TOTAL CURRENT ASSETS	$1.0B
PP&E (Net)	$891M
Goodwill	$10M
Intangible Assets	$54M
Long-Term Investments	$6M
Tax Assets	$4M
Other Non-Current Assets	$111M
TOTAL NON-CURRENT ASSETS	$1.0B
TOTAL ASSETS	$2.0B
Account Payables	$90M
Short-Term Debt	$3M
Deferred Revenue	$0
Other Current Liabilities	$12M
TOTAL CURRENT LIABILITIES	$229M
Long-Term Debt	$374M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$28M
Other Non-Current Liabilities	$205M
TOTAL NON-CURRENT LIABILITIES	$607M
TOTAL LIABILITIES	$836M
Common Stock	$153M
Additional Paid-In Capital	$478M
Retained Earnings	$890M
Treasury Stock	-$189M
Accum. Other Comp. Income	-$137M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$1.2B
Minority Interest	$0
TOTAL EQUITY	$1.2B
TOTAL LIABILITIES & EQUITY	$2.0B
Total Debt	$377M
Net Debt	-$282M