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Segment and Geographical Area Information (Tables) | 6 Months Ended
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Jun. 30, 2017
Segment Reporting [Abstract] |
Summary of financial information by operating segment |
| Quarter Ended |  | Six Months Ended
| June 30, |  | June 30,
| 2017 |  | 2016 |  | 2017 |  | 2016
Net sales: |  |  |  |  |  |  |
Fabricated Products | $ | 356.3 |  |  | $ | 334.9 |  |  | $ | 711.6 |  |  | $ | 678.1 |
Segment operating income (loss): |  |  |  |  |  |  |
Fabricated Products | $ | 25.6 |  |  | $ | 72.1 |  |  | $ | 96.2 |  |  | $ | 130.0 |
All Other | (14.2 | ) |  | (14.2 | ) |  | (25.3 | ) |  | (27.3 | )
Total operating income | $ | 11.4 |  |  | $ | 57.9 |  |  | $ | 70.9 |  |  | $ | 102.7 |
Interest expense | (5.5 | ) |  | (5.5 | ) |  | (11.1 | ) |  | (9.2 | )
Other income (expense), net | 1.0 |  |  | (10.7 | ) |  | 1.6 |  |  | (10.4 | )
Income before income taxes | $ | 6.9 |  |  | $ | 41.7 |  |  | $ | 61.4 |  |  | $ | 83.1 |
Depreciation and amortization: |  |  |  |  |  |  |
Fabricated Products | $ | 9.4 |  |  | $ | 8.8 |  |  | $ | 18.8 |  |  | $ | 17.4 |
All Other | 0.1 |  |  | 0.2 |  |  | 0.3 |  |  | 0.3 |
Total depreciation and amortization | $ | 9.5 |  |  | $ | 9.0 |  |  | $ | 19.1 |  |  | $ | 17.7 |
Capital expenditures: |  |  |  |  |  |  |
Fabricated Products | $ | 24.8 |  |  | $ | 16.3 |  |  | $ | 39.4 |  |  | $ | 42.1 |
All Other | 0.1 |  |  | 0.1 |  |  | 0.3 |  |  | 0.2 |
Total capital expenditures | $ | 24.9 |  |  | $ | 16.4 |  |  | $ | 39.7 |  |  | $ | 42.3 |
| June 30, 2017 |  | December 31, 2016
Assets: |  |  |
Fabricated Products | $ | 991.5 |  |  | $ | 969.4 |
All Other 1 | 395.2 |  |  | 474.1 |
Total assets | $ | 1,386.7 |  |  | $ | 1,443.5 |
_____________________
1 | Assets in All Other represent primarily all of our cash and cash equivalents, short-term investments, financial derivative assets (see Note 9) and net deferred income tax assets.
Schedule of net sales by end market segment applications | Net sales for the Fabricated Products segment by end market applications were as follows (in millions of dollars):
| Quarter Ended |  | Six Months Ended
| June 30, |  | June 30,
| 2017 |  | 2016 |  | 2017 |  | 2016
Net sales: |  |  |  |  |  |  |
Aero/HS products | $ | 165.5 |  |  | $ | 167.7 |  |  | $ | 333.0 |  |  | $ | 344.6 |
Automotive Extrusions | 55.9 |  |  | 48.8 |  |  | 108.9 |  |  | 97.1 |
GE products | 122.0 |  |  | 107.3 |  |  | 245.2 |  |  | 212.7 |
Other products | 12.9 |  |  | 11.1 |  |  | 24.5 |  |  | 23.7 |
Total net sales | $ | 356.3 |  |  | $ | 334.9 |  |  | $ | 711.6 |  |  | $ | 678.1 |
Schedule of income taxes paid by geographical area | Geographic information for income taxes paid was as follows (in millions of dollars):
| Quarter Ended |  | Six Months Ended
| June 30, |  | June 30,
| 2017 |  | 2016 |  | 2017 |  | 2016
Income taxes paid: |  |  |  |  |  |  |
Domestic | $ | 0.3 |  |  | $ | 0.2 |  |  | $ | 0.4 |  |  | $ | 0.3 |
Foreign | — |  |  | 0.3 |  |  | 0.1 |  |  | 0.5 |
Total income taxes paid | $ | 0.3 |  |  | $ | 0.5 |  |  | $ | 0.5 |  |  | $ | 0.8 |
Schedule of information for contractual delivery of primary aluminum supply from major suppliers | Information for delivery of our primary aluminum supply from our major suppliers was as follows:
| Quarter Ended |  | Six Months Ended
| June 30, |  | June 30,
| 2017 |  | 2016 |  | 2017 |  | 2016
Percentage of total primary aluminum supply (lbs): |  |  |  |  |  |  |
Supply from our top five major suppliers | 80 | % |  | 86 | % |  | 80 | % |  | 84 | %
Supply from our largest supplier | 24 | % |  | 36 | % |  | 25 | % |  | 33 | %
Supply from our second and third largest suppliers | 35 | % |  | 30 | % |  | 33 | % |  | 32 | %

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- Definition Tabular disclosure of information concerning material long-lived assets (excluding financial instruments, customer relationships with financial institutions, mortgage and other servicing rights, deferred policy acquisition costs, and deferred taxes assets) located in identified geographic areas and/or the amount of revenue from external customers attributed to that country from which revenue is material. An entity may also provide subtotals of geographic information about groups of countries. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 225 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.1) -URI http://asc.fasb.org/extlink&oid=63488584&loc=d3e20235-122688 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e9038-108599 + Details
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- 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 30 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8906-108599 Reference 2: 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=68060357&loc=d3e8813-108599 Reference 3: 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=68060357&loc=d3e8721-108599 Reference 4: 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=35741047&loc=d3e13816-109267 Reference 5: 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=68060357&loc=d3e8736-108599 + Details
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