The Wiki-fu is weak with that one....it only accounts for a brand new lamp with no regard for light distribution or photometry, so it's not a relevant number. Here's what it should say:
For 400w Metal Halide:
The ballast uses 58 watts, so total is 458w.
A brand new lamp will be near 35,000 to 40,000 lumens.
But it rapidly drops off and so it only operates at that level for a short period of time. The "mean lumen" figure is more representative of how much light the lamp delivers over a long period of time...and that number is around 20,000 lumens. 20,000/458=43.6 LPW.
A typical MH highbay is only about 60% efficient, or less, meaning that only 60% of the light can get out of the fixture. 20,000 x .6 = 12,000. Divided by 458 is 26 LPW. MH highbays are very inefficient.