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Quarterly Results of Operations (unaudited)
 12 Months Ended
Dec. 31, 2014
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Results of Operations (unaudited)
Quarterly Results of Operations (unaudited)
 
 
2014 (a)
 
 
First Quarter
 
Second Quarter
 
Third Quarter
 
Fourth Quarter
 
 
(millions, except per-share amounts)
Net sales
 
$
767.2

 
$
961.2

 
$
983.3

 
$
862.0

Income from operations
 
$
14.6

 
$
45.9

 
$
56.2

 
$
28.9

Net income
 
$
5.6

 
$
26.4

 
$
32.3

 
$
15.7

Net income per common share – Basic and Diluted
 
$
0.14

 
$
0.67

 
$
0.82

 
$
0.40


 
 
2013
 
 
First Quarter (b)
 
Second Quarter
 
Third Quarter
 
Fourth Quarter (a)
 
 
(millions, except per-share amounts)
Net sales
 
$
744.9

 
$
852.3

 
$
878.0

 
$
798.3

Income from operations
 
$
24.6

 
$
22.2

 
$
30.5

 
$
21.4

Net income
 
$
80.8

 
$
10.4

 
$
15.9

 
$
9.8

Net income per common share – Basic and Diluted
 
$
2.15

 
$
0.24

 
$
0.39

 
$
0.25

_______________________________________ 

(a)
Each quarter of 2014, as well as the three months ended December 31, 2013, includes the results of the acquired plywood plants, Chester Wood Products LLC and Moncure Plywood LLC.

(b)
Net income for the three months ended March 31, 2013, includes a $68.7 million income tax benefit associated with recording net deferred tax assets upon our conversion to a corporation.