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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
NET SALES        
Related parties $ 350.6 $ 235.8 $ 925.3 $ 792.4
Other customers 230.8 157.1 628.1 423.6
Total net sales 581.4 392.9 1,553.4 1,216.0
Cost of goods sold 526.8 420.0 1,498.6 1,251.3
Gross profit (loss) 54.6 (27.1) 54.8 (35.3)
Selling, general and administrative expenses 14.2 11.0 39.0 31.7
Other operating (income) expense - net 0.1 (0.2) 0.3 0.3
Operating income (loss) 40.3 (37.9) 15.5 (67.3)
Interest expense - Hawesville term loan (0.6) (0.4) (1.1) (1.6)
Interest expense (6.1) (9.1) (22.6) (21.0)
Interest income 0.0 0.1 0.2 0.6
Net gain (loss) on forward and derivative contracts (76.7) (9.4) (239.2) (1.9)
Loss on early extinguishment of debt 0.0 (1.2) (24.7) (1.2)
Other income (expense) - net (2.5) 0.0 0.6 3.0
Income (loss) before income taxes (45.6) (57.9) (271.3) (89.4)
Income tax benefit (expense) (6.8) (0.3) 43.8 1.6
Income (loss) before equity in earnings of joint ventures (52.4) (58.2) (227.5) (87.8)
Equity in earnings of joint ventures 0.0 0.0 0.0 0.0
Net income (loss) (52.4) (58.2) (227.5) (87.8)
Net income (loss) allocated to common stockholders (52.4) (58.2) (227.5) (87.8)
Net income (loss) allocated to common stockholders $ (52.4) $ (58.2) $ (227.5) $ (87.8)
EARNINGS (LOSS) PER COMMON SHARE:        
Basic (in dollars per share) $ (0.58) $ (0.65) $ (2.52) $ (0.98)
Diluted (in dollars per share) $ (0.58) $ (0.65) $ (2.52) $ (0.98)
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING:        
Basic (in shares) 90.1 89.5 90.1 89.4
Diluted (in shares) 90.1 89.5 90.1 89.4