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Stockholders Equity (Deficit) and Noncontrolling Interest (Tables)
9 Months Ended
Sep. 30, 2017
Stockholders Equity (Deficit) and Noncontrolling Interest  
Summary of Activity within Stockholders Equity Attributable to Real Industry and Noncontrolling Interest

The following table summarizes activity within stockholders’ equity attributable to Real Industry and noncontrolling interest during the nine months ended September 30, 2017:

 

 

 

 

 

 

 

 

 

 

(In millions)

    

Equity (Deficit)
Attributable to
Real Industry,
Inc.

    

Noncontrolling
Interest

    

Total Equity (Deficit)

Balance, December 31, 2016

 

$

33.4

 

$

1.1

 

$

34.5

Net earnings (loss)

 

 

(58.7)

 

 

0.7

 

 

(58.0)

Distribution to noncontrolling interest

 

 

 —

 

 

(2.0)

 

 

(2.0)

Consolidation of noncontrolling interest

 

 

(0.5)

 

 

0.5

 

 

 —

Share-based compensation expense

 

 

2.0

 

 

 —

 

 

2.0

Dividends on Redeemable Preferred Stock, in cash or accrued

 

 

(1.7)

 

 

 —

 

 

(1.7)

Accretion of fair value adjustment to Redeemable Preferred Stock

 

 

(0.7)

 

 

 —

 

 

(0.7)

Change in accumulated other comprehensive income (loss)

 

 

9.2

 

 

 —

 

 

9.2

Balance, September 30, 2017

 

$

(17.0)

 

$

0.3

 

$

(16.7)

 

Changes in the Shares of Common Stock Outstanding

The following table reflects changes in the shares of common stock outstanding during the nine months ended September 30, 2017:

 

 

 

 

    

Shares of
Common Stock
Outstanding

Balance, December 31, 2016

 

29,386,882

Restricted common stock awards granted, net of forfeitures

 

391,668

Restricted stock units converted to common stock, net of reissued treasury shares

 

21,550

Common stock options exercised

 

750

Balance, September 30, 2017

 

29,800,850