With that, let me go into the details.Moving to Slide 4 of the presentation for a discussion of the second quarter 2012 and first half 2012 consolidated results. We reported net income of $428 million for the second quarter of 2012 -- I'm sorry, we reported net sales of $428 million for the second quarter of 2012, an increase of 18% from the sales reported for the second quarter of 2011. In the second quarter of 2012, we reported a net loss of $37 million or $0.27 per diluted share. We reported a $52 million pretax charge associated with the early debt extinguishment. This represents the make whole provision for the debt which was tendered but associated the deferred cost.
Louisiana-Pacific Management Discusses Q2 2012 Results - Earnings Call Transcript
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts