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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
 3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
NET SALES:    
Related parties $ 433.1 $ 268.3
Other customers 320.5 175.7
Total net sales 753.6 444.0
Cost of goods sold 660.4 464.7
Gross profit (loss) 93.2 (20.7)
Selling, general and administrative expenses 11.7 16.1
Other operating expense - net 0.2 0.1
Operating income (loss) 81.3 (36.9)
Interest expense – Hawesville term loan 0.0 (0.3)
Interest expense (7.3) (9.0)
Interest income 0.1 0.1
Net loss on forward and derivative contracts (56.7) (98.1)
Other income - net 2.0 1.9
Income (loss) before income taxes 19.4 (142.3)
Income tax (expense) benefit (1.7) 2.3
Net income (loss) 17.7 (140.0)
Less: net income (loss) allocated to participating securities 1.1 0.0
Net income (loss) allocated to common stockholders $ 16.6 $ (140.0)
INCOME (LOSS) PER COMMON SHARE:    
Basic (in dollars per share) $ 0.18 $ (1.55)
Diluted (in dollars per share) $ 0.18 $ (1.55)
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING:    
Basic (in shares) 91.2 90.1
Diluted (in shares) 97.1 90.1