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Earnings per Share (Tables)
9 Months Ended
Sep. 30, 2011
Earnings Per Share [Abstract] 
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]
The following table sets forth the computation of basic and diluted earnings per share:
Dollar and share amounts in millions, except per
share amounts
Quarter Ended September 30,
 
Nine Months Ended September 30,
2011
 
2010
 
2011
 
2010
Numerator:
 
 
 
 
 
 
 
Loss attributed to LP common shares:
 
 
 
 
 
 
 
Loss from continuing operations
$
(59.3
)
 
$
(31.2
)
 
$
(115.3
)
 
$
(30.0
)
Loss from discontinued operations
(6.3
)
 
(0.8
)
 
(8.8
)
 
(2.2
)
Net loss
$
(65.6
)
 
$
(32.0
)
 
$
(124.1
)
 
$
(32.2
)
Denominator:
 
 
 
 
 
 
 
Basic - weighted average common shares outstanding
134.5

 
131.1

 
132.4

 
128.5

Dilutive effect of stock warrants
—

 
—

 
—

 
—

Dilutive effect of stock plans
—

 
—

 
—

 
—

Diluted shares outstanding
134.5

 
131.1

 
132.4

 
128.5

Basic earnings per share:
 
 
 
 
 
 
 
Loss from continuing operations
$
(0.44
)
 
$
(0.23
)
 
$
(0.87
)
 
$
(0.23
)
Loss from discontinued operations
(0.05
)
 
(0.01
)
 
(0.07
)
 
(0.02
)
Net loss per share
$
(0.49
)
 
$
(0.24
)
 
$
(0.94
)
 
$
(0.25
)
Diluted earnings per share:
 
 
 
 
 
 
 
Loss from continuing operations
$
(0.44
)
 
$
(0.23
)
 
$
(0.87
)
 
$
(0.23
)
Loss from discontinued operations
(0.05
)
 
(0.01
)
 
(0.07
)
 
(0.02
)
Net loss per share
$
(0.49
)
 
$
(0.24
)
 
$
(0.94
)
 
$
(0.25
)