been I are James call Becky morning. results results to of selective for performance the followed comments third as provide nine of and and discussion operating Chief Executive much, operating, Mike on joining our After our you for the very third LP's and with quarter begin quarter remarks, financial the my as primary the the Investor sheet a balance Southern, Officer; and with conference Bailey, well perspective our Brad by LP's and discuss of XXXX; well first environment XXXX. months finish you Brad and will of Officer; discuss on has as general Thank good me segments his results the I for some market as the Chief I'll outlook. thoughts review Thank be this today Financial Sallie Barckley, am individual give on LP's LP items. in the will some Kinney Relations financial which contacts.
a we've accessed The the done opened doing we've this webcast to As the are and can past, call be at public www.lpcorp.com. up in webcast.
forward-looking information Please use discussion aware of safety referencing on X our the Form appendix be that rolling quarter begin the as made a the are of supplemental I'll these X-K reviewed about rate presentation. XXXX, remind information been them supplemented Slide available with continues that the of X.XX. presentation reading information. slides Rather comment incident Today, in some our XX-month the with Additionally, as of my discussion, should safest non-GAAP which we've our I reconciliations Slide to experienced will on my comments this average we We presentation than two necessary filed in The the help this by this incorporate be by to have In total the some release. be reporting to on reference. X-K of earnings presentation. this these of all conjunction morning. with and of also provided financial total I attached the the with morning both the morning, XX-Q I want included a participants in on supplemental of of be filing our well with website. comments to the an X the statements, incident has rate LP companies the our among of of performance. X.XX, third industry. statements we
results, our make XX quarter's reporting years of since like XX this are a into years lot and the quarter changed go a details over the just of We XXXX, few comparisons. has second since I and ago, quarter before to best I'd
second The profit of and reported million. quarter $XXX we operating segment of XXXX, sales million of $XXX
X% of profit. X.X segment OSB of Our segment segment represented and the the of The square XX% of produced XX% XX% Siding total operating of the product total represented the sales and operating sales total profit. feet and billion
results with Now we that the profile financial let's compare announced today.
some reporting operating are million. $XXX We million and profit in sales of $XXX segment
than lot XXXX the company's second quarter feet let than less billion of sales with XXXX. in earnings profit. foot billion OSB into quarter financial story company compared shift go more that, And today significant, -- the square XX% profile operating Our towards it but quarter details. represented third operate about square third of a LP's to the products quarter total total to results our portfolio of the of and X.X the remained LP's XXX OSB's segment produced the contribution a segment XX% the the OSB, Siding segment the me is real OSB has segment. like third past. looks million of total
Moving share rate The compared tax to the upon income million was based for in net normalized quarter continuing I XXXX. third for mentioned from $XXX XX% a or quarter of for quarter to quarter million $XX income million $XXX the the third results; of of of XXXX, diluted the increase discussion net third XX% diluted we compared the per third from X from of quarter million in $X.XX reported sales $XXX as quarter XXXX. quarter $XXX million in XXXX the XXXX. of to my the a or net million to $X.XX as Adjusted continuing net per of consolidated quarter EBITDA XXXX. third per the or are of share quarter income of $X.XX operations adjusted $XXX $XX diluted was third from presentation $XXX of of million per share diluted million reported reporting in of the or the in sales a Slide reported $X.XX opening compared And operations third share remarks,
are first the of of first the a we XXXX. $X.X nine increase sales months, For months nine from reported XX% net billion billion, $X sales of net reporting in the
the in normalized or months $XXX million in nine rate compared $X.XX first per diluted on period from share the of months XXXX. reported nine was compared continuing income per $X.XX as nine tax the operations share diluted diluted XXXX. or Adjusted nine of $XXX income per compared same $XX from of first $X.XX $XXX per net XX% EBITDA or months $XXX based was the of to These of to upon million million $X.XX a million for share to operations months net recorded of first $XXX first million diluted continuing income The or XXXX. million share
of adjusted from Slide third operation. our million segment of at of million, includes of increase CanExel our XXXX. of million as a Hayward, $XX segment well the results; sales OSB Moving from review Smart on an reported Siding as Wisconsin a $XX X operating with and segment This EBITDA products, to Siding starting million, Siding. and The XXXX; quarter Siding of the our increase quarter of $XXX XX% third $XX produced
million the sales $XXX million the segment of Siding change increase the in operating and feet due sales million compared first first reported of up volumes from nine reported product did segment calls $XXX the XXXX XXXX. very volumes Siding of increases prices We general, XXXX, Siding the period to XXXX. square For the reported of and due SmartSide XX adjusted EBITDA X% and of XXXX. nine compared OSB X% XX key up similar in to for during In SmartSide XXXX for in during year. the of XX% months quarter months segment The period SmartSide. quarter The months first up demand to of on were levels were and are the of were in of from in quarter. third price million Sales of of sales to given same OSB at with in X% the XXXX higher quarter, same about produce production discussed we've prices the the $XXX markets. million million square of of to $XXX in the an segment compared feet average mix income million X% $XXX $XXX to as for any the sales million third nine compared impact
in operations an X%. were of reported sales Pricing continuing capital costs by Adjusted million. from Partially million quarter to quarter million higher XXXX. of XXXX. material in of XX%, from third million due $XXX reported in $XX EBITDA improved manufacturing million million, by OSB X; Canadian appreciated the Slide the XXXX. to costs income income of dollar. was in maintenance by compared operating for third up XX% prices of to sales downtime $XXX for $XX lower results XXXX offsetting $XXX higher OSB related were quarter resulted to operating increases raw higher million to Sales compared impact the net project, Turning of in which the OSB third the and volumes $XXX was $XX and of
compared million $XXX $XXX of in of of recorded nine income the to first months on $XXX million For nine the of sales million XXXX. of OSB $XXX XXXX, on months million operating first sales
arrangement $XX LVL million and sales XXXX. Engineered other-related compared Products income adjusted OSB the X% first sales for up million plus of also venture to segment. Sales Slide Laminated at of recorded a Abitibi of as EWP third $XXX Engineered $XXX XXXX by the by or months, Houlton, results of compared segment and Murphy segment segment to compared produced XX%. Strand nine I-Joist For breakeven quarter I-Joist, on third million same the of This in XXXX. period products million the presentation lower Products nine sale $XXX in our we facility, third Laminated The our OSB reported months $X was months of the of quarter the were higher volumes in the were includes to from quarter $XX million Plywood. includes Wood Lumber, Please with year. produced XXXX. first the quarter first which price shows million reported The Veneer prices the under of operations sales products. XXXX in in to XXXX, nine the sales third joint the of Lumber, This EBITDA by impact of of higher X turn the Maine last of Wood of
X% also I-Joist, up LVL/LSL result Price was operations third Pricing million For I-Joist. was last up the quarter. XXXX, compared result of volumes which the $XX impacted discussed quarter in of this this up were of $X segment's the EBITDA were to increases XX% we've compared which LSL, higher quarter calls continuing segment's as earlier The up on and LVL in higher from sales quarter volumes X% of and to the sales third and was XXXX. same million in positively improvement in X% quarter adjusted related year.
nine the sales the EBITDA million from nine XXXX. million XXXX. The first compared in to For of months in segment's months $XXX $X a million, adjusted first in months, the from income operating million first of up $XX million to loss were $X $XX as the months in nine million of XXXX first improved $XXX was nine and
$X Slide million, million than presentation; quarter third Moving Operating EBITDA of sales $X million X% quarter XXXX. of income Volumes the about of Chile the up the pricing the XXXX, which for higher $X depreciation year. higher up million of of XXXX. up about to quarter million on American Chile X% to currencies, our was was X segment $X in $XX in relative than the dollar of million Brazil. were reported last XX% to for local was adjusted $XX and quarter third quarter X% third to in the recorded the Due was compared and and in Brazil in same South
and Brazil's X%. was flat was local pricing in pricing higher However, currency, Chile's by
first adjusted the the was compared sales American to to our recorded expenses were period For Operating administrative increased Total $XX same million and million $XXX $X $X in in the to up million about $XX million, nine of third million higher first nine months million of EBITDA compared from quarter $XX of first XXXX. selling, quarter as $XXX segment income than months, South XXXX, in of in months nine XXXX, XXXX. XXXX. the and million the the same general million $XX in
comment. which strategy his Brad third maintenance increase the compared in by some the compensation expense expenses associated expenses XXXX. due were months, higher the higher primarily XXXX will XXXX. expense, net Interest quarter discuss is as was approximately of agreements than The of and review these third selling, administrative software nine quarter general nine months during first $X $XXX expenses and the to million first For to of lower million million, our $X in with
the last months XXXX, cost Slide refer The expense due period months of than and XXXX million, equivalents million. of expenditures $XXX refinancing first For as year working higher cash for for to billion. of of million first of $XXX the we XXXX. investments to cash, reduction nine relates will cash range to debt the $XX XXXX cash due lower expenditures of income and of be was in capital capital X were to had lower $X of $XX the higher both net restricted Please million. $XXX XXXX, do interest to same balances. project million nine We the XX, interest outstanding in September Capital presentation;
his call million comments. capital be not similar our While budget, for will million. expenditure. do for XXXX, Brad The our in [ph] budget a expenditures $XXX will planned completed bonds And of the XXXX the we be to into that have the XXXX that, range turn largest anticipate over $XXX with I Siding to I'll to mill conversion
