Company: LPX
Filing Date: 2025-05-06
Form Type: 10-Q
Source: 0000060519-25-000015
Chunk: 1

Company: LOUISIANA-PACIFIC CORP
Filing Date: 2025-05-06
Form: 10-Q
Item: Part I, Item 1
Chunk 1
---
      Accumulated Comprehensive (Loss) Income      Total Stockholders’ Equity  
                                                                     Shares            Shares              Amount                                                                                                                                      
  Net Income                                                         —                 —                   —           —                               108                    —                                            108                         
  Dividends paid ($ 0.26 per share)                                  —                 —                   —           —                               ( 19)                  —                                            ( 19)                       
  Issuance of shares under stock plans                               —                 —                   6           ( 6)                            —                      —                                            —                           
  Taxes paid related to net settlement of stock-based awards         —                 —                   ( 6)        —                               —                      —                                            ( 6)                        
  Purchase of stock                                                  —                 —                   —           —                               ( 13)                  —                                            ( 13)                       
 ───────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
  Balance, December 31, 2023                                         88                16                  $           $                               $                      $                                            $                           
  Compensation expense associated with stock-based compensation      —                 —                   —           6                               —                      —                                            6                           
  Other comprehensive (loss) income                                  —                 —                   —           —                               —                      ( 15)                                        ( 15)                       
  Balance, March 31, 2024                                            88                16                  $           $                               $                      $                                            $                           

The accompanying Notes are an integral part of these unaudited Condensed Consolidated Financial Statements.

NOTES TO THE CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

NOTE 1. NATURE OF OPERATIONS AND BASIS OF PRESENTATION

Nature of Operations

Louisiana-Pacific Corporation and our subsidiaries are a leading provider of high-performance building solutions that meet the demands of builders, remodelers, and homeowners worldwide. Serving the new home construction, repair and remodeling, and outdoor structures markets, we have leveraged our expertise to become an industry leader known for innovation, quality, reliability, and sustainability. The principal customers for our building solutions are retailers, wholesalers, and home building and industrial businesses in North America and South America, and we make limited sales to customers in Asia, Australia, and Europe. The Company operates22 plants across the U. S., Canada, Chile, and Brazil, in certain cases through foreign subsidiaries. References to "LP," the "Company," "we," "our," and "us"