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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
NET SALES    
Related parties $ 311.3 $ 296.2
Other customers 178.7 158.3
Total net sales 490.0 454.5
Cost of goods sold 502.8 440.0
Gross profit (loss) (12.8) 14.5
Selling, general and administrative expenses 14.7 10.7
Other operating expense, net 0.3 0.3
Operating income (loss) (27.8) 3.5
Interest expense (5.8) (5.5)
Interest income 0.2 0.5
Net gain (loss) on forward and derivative contracts (5.7) 0.7
Other income (expense) - net 1.1 (1.1)
Income (loss) before income taxes and equity in earnings of joint ventures (38.0) (1.9)
Income tax benefit (expense) 2.9 1.0
Income (loss) before equity in earnings of joint ventures (35.1) (0.9)
Equity in earnings of joint ventures 0.5 0.6
Net income (loss) (34.6) (0.3)
Net income (loss) allocated to common stockholders $ (34.6) $ (0.3)
EARNINGS (LOSS) PER COMMON SHARE:    
Basic and diluted (per share) $ (0.39) $ 0.00
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING:    
Basic and diluted (per share) 88.1 87.6