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Business, Product and Geographical Area Information and Concentration of Risk | 12 Months Ended
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Dec. 31, 2021
Segment Reporting [Abstract] |
Business, Product and Geographical Area Information and Concentration of Risk | 17. Business, Product and Geographical Area Information and Concentration of Risk Our primary line of business is the production of semi-fabricated specialty aluminum mill products, such as bare and coated coils, plate and sheet and extruded and drawn products, primarily used in our Aero/HS products, Packaging, Automotive Extrusions, GE products and Other products end markets. We operate 13 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. At December 31, 2021, approximately 66% of our employees were covered by collective bargaining agreements and 15% of those employees were covered by collective bargaining agreements with expiration dates occurring within one year from December 31, 2021. The following table presents Net sales by end market applications and by timing of control transfer (in millions of dollars):
|  | Year Ended December 31, |
|  | 2021 |  |  | 2020 |  |  | 2019 |
Net sales: |  |  |  |  |  |  |  |  |  |  |  |
Aero/HS products |  | $ | 533.7 |  |  | $ | 537.9 |  |  | $ | 803.2 |
Packaging |  |  | 1,119.3 |  |  |  | — |  |  |  | — |
Automotive Extrusions |  |  | 225.0 |  |  |  | 161.4 |  |  |  | 190.5 |
GE products |  |  | 706.1 |  |  |  | 458.8 |  |  |  | 480.1 |
Other products |  |  | 37.9 |  |  |  | 14.6 |  |  |  | 40.3 |
Total net sales |  | $ | 2,622.0 |  |  | $ | 1,172.7 |  |  | $ | 1,514.1 |
Timing of revenue recognition: |  |  |  |  |  |  |  |  |  |  |  |
Products transferred at a point in time |  | $ | 2,067.9 |  |  | $ | 690.9 |  |  | $ | 866.9 |
Products transferred over time |  |  | 554.1 |  |  |  | 481.8 |  |  |  | 647.2 |
Total net sales |  | $ | 2,622.0 |  |  | $ | 1,172.7 |  |  | $ | 1,514.1 |
The following table presents geographic information for net sales based on country of origin, income taxes paid and long-lived assets (in millions of dollars):
|  | Year Ended December 31, |
|  | 2021 |  |  | 2020 |  |  | 2019 |
Net sales to unaffiliated customers: |  |  |  |  |  |  |  |  |  |  |  |
Domestic |  | $ | 2,545.0 |  |  | $ | 1,126.8 |  |  | $ | 1,461.4 |
Foreign1 |  |  | 77.0 |  |  |  | 45.9 |  |  |  | 52.7 |
Total net sales |  | $ | 2,622.0 |  |  | $ | 1,172.7 |  |  | $ | 1,514.1 |
Income taxes paid: |  |  |  |  |  |  |  |  |  |  |  |
Domestic |  | $ | 4.5 |  |  | $ | 0.7 |  |  | $ | 3.5 |
Foreign |  |  | 1.1 |  |  |  | 0.3 |  |  |  | 2.0 |
Total income taxes paid |  | $ | 5.6 |  |  | $ | 1.0 |  |  | $ | 5.5 |
|  | As of December 31, |
|  | 2021 |  |  | 2020 |  |  | 2019 |
Long-lived assets:2 |  |  |  |  |  |  |  |  |  |  |  |
Domestic |  | $ | 925.3 |  |  | $ | 597.5 |  |  | $ | 592.9 |
Foreign1 |  |  | 29.9 |  |  |  | 29.7 |  |  |  | 29.1 |
Total long-lived assets |  | $ | 955.2 |  |  | $ | 627.2 |  |  | $ | 622.0 |
1. | Foreign reflects our London, Ontario production facility.
2. | Long-lived assets represent Property, plant and equipment, net.
The aggregate foreign currency transaction gain (loss) included in determining net (loss) income were immaterial for 2021, 2020 and 2019. Concentrations. For the years ended December 31, 2021, December 31, 2020 and December 31, 2019, one customer represented 16%, 26% and 25%, respectively, of Net sales and a second customer represented 15%, 11% and 17%, respectively, of Net sales. One individual customer accounted for 16%, a second individual customer accounted for 13% and a third individual customer accounted for 11% of the accounts receivable balance at December 31, 2021. One individual customer accounted for 20% and another individual customer accounted for 13% of the accounts receivable balance at December 31, 2020. The following table presents information about export sales and primary aluminum supply from our major suppliers:
|  | Year Ended December 31, |
|  | 2021 |  |  | 2020 |  |  | 2019 |
Percentage of Net sales: |  |  |  |  |  |  |  |  |  |  |  |
Export sales |  |  | 10 | % |  |  | 10 | % |  |  | 14 | %
Percentage of total annual primary aluminum supply (lbs): |  |  |  |  |  |  |  |  |  |  |  |
Supply from our top five major suppliers |  |  | 78 | % |  |  | 72 | % |  |  | 74 | %
Supply from our largest supplier |  |  | 47 | % |  |  | 21 | % |  |  | 22 | %
Supply from our second and third largest suppliers combined |  |  | 20 | % |  |  | 32 | % |  |  | 32 | %

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- 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://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8924-108599 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 34 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8981-108599 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8721-108599 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e9031-108599 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (f) -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8933-108599 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8933-108599 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 26 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8844-108599 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e9038-108599 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8933-108599 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8736-108599 Reference 11: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 42 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e9054-108599 Reference 12: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 15 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8657-108599 Reference 13: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8721-108599 Reference 14: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -URI http://asc.fasb.org/topic&trid=2134510 + Details
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