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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
 3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
NET SALES    
Related parties $ 271.0 $ 311.3
Other customers 150.2 178.7
Total net sales 421.2 490.0
Cost of goods sold 416.4 502.8
Gross profit (loss) 4.8 (12.8)
Selling, general and administrative expenses 8.9 14.7
Other operating expense, net 0.3 0.3
Operating income (loss) (4.4) (27.8)
Interest expense - term loan (0.7) 0.0
Interest expense (6.0) (5.8)
Interest income 0.1 0.2
Net gain (loss) on forward and derivative contracts 3.8 (5.7)
Other income (expense) - net 1.7 1.1
Income (loss) before income taxes and equity in earnings of joint ventures (5.5) (38.0)
Income tax benefit (expense) 2.8 2.9
Income (loss) before equity in earnings of joint ventures (2.7) (35.1)
Equity in earnings of joint ventures 0.0 0.5
Net income (loss) $ (2.7) $ (34.6)
EARNINGS (LOSS) PER COMMON SHARE:    
Basic and diluted (per share) $ (0.03) $ (0.39)
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING:    
Basic and diluted (per share) 89.3 88.1