XML 13 R4.htm IDEA: XBRL DOCUMENT v3.23.1
CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Income Statement [Abstract]    
Sales $ 1,038.1 $ 834.1
Cost of sales 844.9 664.7
Gross profit 193.2 169.4
Selling and administrative expenses 80.6 75.2
Restructuring credits 0.0 (1.1)
Loss on asset sales and sales of businesses, net 0.0 18.3
Operating income 112.6 77.0
Nonoperating retirement benefit expense (16.8) (5.8)
Interest expense, net (19.9) (23.6)
Other income (expense), net 0.6 (7.5)
Income before income taxes 76.5 40.1
Income tax provision 4.3 4.9
Net income 72.2 35.2
Less: Net income attributable to noncontrolling interests 2.1 4.3
Net income attributable to ATI $ 70.1 $ 30.9
Basic net income attributable to ATI per common share (in dollars per share) $ 0.55 $ 0.24
Diluted net income attributable to ATI per common share (in dollars per share) $ 0.48 $ 0.23