XML 12 R2.htm IDEA: XBRL DOCUMENT v3.8.0.1
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
NET SALES:    
Related parties $ 296.2 $ 280.6
Other customers 158.3 85.2
Total net sales 454.5 365.8
Cost of goods sold 440.0 348.9
Gross profit 14.5 16.9
Selling, general and administrative expenses 10.7 10.7
Other operating expense, net 0.3 1.0
Operating income 3.5 5.2
Interest expense (5.5) (5.6)
Interest income 0.5 0.2
Net gain (loss) on forward and derivative contracts 0.7 (16.1)
Other income (expense) - net (1.1) 0.4
Loss before income taxes and equity in earnings of joint ventures (1.9) (15.9)
Income tax benefit 1.0 0.3
Loss before equity in earnings of joint ventures (0.9) (15.6)
Equity in earnings of joint ventures 0.6 0.5
Net loss (0.3) (15.1)
Net loss allocated to common stockholders $ (0.3) $ (15.1)
LOSS PER COMMON SHARE:    
Basic and diluted (in USD per share) $ 0.00 $ (0.17)
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING:    
Basic and diluted (shares) 87.6 87.3