The following is excerpted from the question-and-answer section of the transcript.
(Questions from industry analysts are provided in full, but answers are omitted - download the transcript to see the full question-and-answer session)
Question: Joseph David Ahlersmeyer - Evercore ISI Institutional Equities, Research Division - Analyst
: This is Joe on for Steve. We were looking through your Q -- your K and your Q, and you mentioned on the call this morning the North
America price being positive. Then we sort of backed into about a $6 million tailwind, which -- it implies something in the range of
3% to 4%, if you just assume that's all North America resi. So first of all, are my numbers right in terms of what North America resi
pricing was up in the quarter?
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FEBRUARY 17, 2021 / 2:00PM, OC.N - Q4 2020 Owens Corning Earnings Call
And then secondly, you mentioned even being optimistic about the realization of that, you were still going to have to work through
backlog. And so it might be some time before the prices coming in, but it seems like that's not what we actually saw in the quarter.
We're seeing the realization already. So yes, if you could just maybe talk about, are you pulling even more price forward? Are people
so keen on getting product now that you're actually getting better realization than you were even asking for in the fourth quarter?
Obviously, you feel like with that April price increase that the 4 and the 8 that you've already asked for was not quite enough. So yes,
there's a lot to unpack there, sure, but if we could just understand a little bit better there.
Question: Susan Marie Maklari - Goldman Sachs Group, Inc., Research Division - Analyst
: My question is around how to think about the cadence of the business as we think about 2021. You're coming into the year with
very strong backlog across all 3 segments, it seems, and a lot of volume that's going to be in there. How should we think about the
earnings cadence, though, for first half versus second half, given some of the comparisons that you'll face as we move through the
year? And I guess with that as well, have you seen any disruptions recently with the extreme weather that we're getting in parts of
the -- southern parts of the country over the last couple of days?
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