XML 14 R39.htm IDEA: XBRL DOCUMENT
v2.4.0.6

Segment and Geographical Area Information (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2012
Segment Reporting [Abstract] |
Summary of financial information by operating segment | The following tables provide financial information by operating segment for each period or as of each period-end, as applicable:
| Quarter Ended |  | Six Months Ended
| June 30, |  | June 30,
| 2012 |  | 2011 |  | 2012 |  | 2011
Net Sales: |  |  |  |  |  |  |
Fabricated Products | $ | 345.2 |  |  | $ | 338.8 |  |  | $ | 710.6 |  |  | $ | 661.4 |
Segment Operating Income (Loss): |  |  |  |  |  |  |
Fabricated Products 1,2 | $ | 45.2 |  |  | $ | 24.0 |  |  | $ | 99.2 |  |  | $ | 51.0 |
All Other3 | (5.6 | ) |  | (9.3 | ) |  | (13.4 | ) |  | (16.5 | )
Total operating income | $ | 39.6 |  |  | $ | 14.7 |  |  | $ | 85.8 |  |  | $ | 34.5 |
Interest expense | (6.5 | ) |  | (4.4 | ) |  | (10.6 | ) |  | (8.9 | )
Other income (expense), net | 1.1 |  |  | (3.4 | ) |  | 1.8 |  |  | (1.7 | )
Income before income taxes | $ | 34.2 |  |  | $ | 6.9 |  |  | $ | 77.0 |  |  | $ | 23.9 |
Depreciation and Amortization: |  |  |  |  |  |  |
Fabricated Products | $ | 6.5 |  |  | $ | 6.3 |  |  | $ | 12.7 |  |  | $ | 12.4 |
All Other | 0.1 |  |  | 0.1 |  |  | 0.2 |  |  | 0.3 |
Total depreciation and amortization | $ | 6.6 |  |  | $ | 6.4 |  |  | $ | 12.9 |  |  | $ | 12.7 |
Capital expenditures: |  |  |  |  |  |  |
Fabricated Products | $ | 7.9 |  |  | $ | 7.9 |  |  | $ | 16.7 |  |  | $ | 14.1 |
All Other | — |  |  | — |  |  | 0.2 |  |  | — |
Total capital expenditures | $ | 7.9 |  |  | $ | 7.9 |  |  | $ | 16.9 |  |  | $ | 14.1 |
Income Taxes Paid: |  |  |  |  |  |  |
Fabricated Products — |  |  |  |  |  |  |
United States | $ | 0.1 |  |  | $ | 0.7 |  |  | $ | 0.1 |  |  | $ | 0.8 |
Canada | 0.2 |  |  | 0.2 |  |  | 0.4 |  |  | 0.2 |
Total income taxes paid | $ | 0.3 |  |  | $ | 0.9 |  |  | $ | 0.5 |  |  | $ | 1.0 |
| June 30, 2012 |  | December 31, 2011
Segment assets: |  |  |
Fabricated Products | $ | 652.7 |  |  | $ | 637.0 |
All Other4 | 1,008.7 |  |  | 683.6 |
Total assets | $ | 1,661.4 |  |  | $ | 1,320.6 |
______________________
1. | Operating results in the Fabricated Products segment for the quarter ended June 30, 2012 and June 30, 2011 included LIFO inventory (benefits) charges of $(4.9) and $5.0, respectively. Operating results in the Fabricated Products segment for the six months ended June 30, 2012 and June 30, 2011 included LIFO inventory (benefits) charges of $(7.8) and $19.9, respectively.
2. | Fabricated Products segment results for the quarter and six months ended June 30, 2012 include non-cash mark-to-market (losses) gains on primary aluminum, natural gas and electricity hedging activities totaling $(0.1) and $3.0, respectively. Fabricated Products segment results for the quarter and six months ended June 30, 2011 include non-cash mark-to-market losses on primary aluminum, natural gas and electricity hedging activities totaling $9.5 and $5.2, respectively. For further discussion regarding mark-to-market matters, see Note 10.
3. | Operating results in All Other represent operating expenses in the Corporate and Other business unit.
4. | Assets in All Other represent primarily all of the Company’s cash and cash equivalents, financial derivative assets, net assets in respect of VEBAs and net deferred income tax assets.

X
- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8721-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8736-108599 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 131 -Paragraph 27, 28 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8906-108599 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6905597&loc=d3e13816-109267 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8813-108599 + Details
Name: | us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | us-gaap_SegmentReportingAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration