XML 34 R22.htm IDEA: XBRL DOCUMENT
v3.20.2

Business, Product and Geographical Area Information | 6 Months Ended
--- | ---
Jun. 30, 2020
Segment Reporting [Abstract] |
Business, Product and Geographical Area Information | 14. Business, Product and Geographical Area Information Our primary line of business is the production of semi-fabricated specialty aluminum mill products, such as aluminum plate and sheet and extruded and drawn products, primarily used in aerospace and high strength ("Aero/HS products"), automotive ("Automotive Extrusions"), general engineering ("GE products") and other industrial ("Other products"). We operate 12 focused production facilities in the United States and one in Canada. Our chief operating decision maker reviews and evaluates our business as a single operating segment. The following table presents Net sales by end market applications and by timing of control transfer for the periods presented (in millions of dollars):
|  | Quarter Ended June 30, |  |  | Six Months Ended June 30, |  |
|  | 2020 |  |  | 2019 |  |  | 2020 |  |  | 2019 |  |
Net sales: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Aero/HS products |  | $ | 144.6 |  |  | $ | 189.4 |  |  | $ | 340.6 |  |  | $ | 387.9 |  |
Automotive Extrusions |  |  | 16.7 |  |  |  | 45.5 |  |  |  | 64.1 |  |  |  | 98.5 |  |
GE products |  |  | 110.8 |  |  |  | 128.2 |  |  |  | 232.5 |  |  |  | 258.2 |  |
Other products |  |  | 3.6 |  |  |  | 12.2 |  |  |  | 7.8 |  |  |  | 25.9 |  |
Total net sales |  | $ | 275.7 |  |  | $ | 375.3 |  |  | $ | 645.0 |  |  | $ | 770.5 |  |
Timing of revenue recognition: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Products transferred at a point in time |  | $ | 164.7 |  |  | $ | 222.6 |  | 1 | $ | 380.3 |  |  | $ | 445.9 |  | 2
Products transferred over time |  |  | 111.0 |  |  |  | 152.7 |  | 1 |  | 264.7 |  |  |  | 324.6 |  | 2
Total net sales |  | $ | 275.7 |  |  | $ | 375.3 |  |  | $ | 645.0 |  |  | $ | 770.5 |  |
1. | As corrected from $131.0 million of products transferred at a point in time and $244.3 million of products transferred over time.
2. | As corrected from $262.8 million of products transferred at a point in time and $507.7 million of products transferred over time.
The following table presents geographic information for income taxes paid for the periods presented (in millions of dollars):
|  | Quarter Ended |  |  | Six Months Ended |
|  | June 30, |  |  | June 30, |
|  | 2020 |  |  | 2019 |  |  | 2020 |  |  | 2019 |
Income taxes paid: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Domestic |  | $ | 0.3 |  |  | $ | 1.8 |  |  | $ | 0.3 |  |  | $ | 1.9 |
Foreign |  |  | — |  |  |  | 0.4 |  |  |  | 0.1 |  |  |  | 1.2 |
Total income taxes paid |  | $ | 0.3 |  |  | $ | 2.2 |  |  | $ | 0.4 |  |  | $ | 3.1 |

X
- References No definition available. + Details
Name: | us-gaap_SegmentReportingAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -URI http://asc.fasb.org/topic&trid=2134510 + Details
Name: | us-gaap_SegmentReportingDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration