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Stockholders Equity and Noncontrolling Interest
9 Months Ended
Sep. 30, 2016
Stockholders Equity Note [Abstract]  
Stockholders Equity and Noncontrolling Interest

NOTE 5—STOCKHOLDERSEQUITY AND NONCONTROLLING INTEREST

The following table summarizes the activity within stockholders’ equity attributable to Real Industry and noncontrolling interest during the year ended December 31, 2015 and the nine months ended September 30, 2016:

 

(In millions)

Equity Attributable to Real Industry, Inc.

 

 

Noncontrolling Interest

 

 

Total Equity

 

Balance, December 31, 2014

$

85.7

 

 

$

(0.1

)

 

$

85.6

 

Net earnings (loss)

 

(6.9

)

 

 

0.1

 

 

 

(6.8

)

Common stock issued, net

 

63.3

 

 

 

 

 

 

63.3

 

Common stock acquired

 

(0.1

)

 

 

 

 

 

(0.1

)

Common stock options exercised

 

1.2

 

 

 

 

 

 

1.2

 

Warrants exercised

 

0.2

 

 

 

 

 

 

0.2

 

Noncontrolling interest acquired in business combination

 

 

 

 

0.8

 

 

 

0.8

 

Share-based compensation expense

 

1.5

 

 

 

 

 

 

1.5

 

Dividends and accretion of fair value adjustment to

   Redeemable Preferred Stock

 

(2.3

)

 

 

 

 

 

(2.3

)

Change in accumulated other comprehensive loss

 

(1.0

)

 

 

 

 

 

(1.0

)

Balance, December 31, 2015

 

141.6

 

 

 

0.8

 

 

 

142.4

 

Net earnings (loss)

 

(22.5

)

 

 

0.5

 

 

 

(22.0

)

Dividends and accretion of fair value adjustment to

   Redeemable Preferred Stock

 

(2.2

)

 

 

 

 

 

(2.2

)

Share-based compensation expense

 

3.0

 

 

 

 

 

 

3.0

 

Common stock options exercised

 

0.1

 

 

 

 

 

 

0.1

 

Warrants exercised

 

0.2

 

 

 

 

 

 

0.2

 

Change in accumulated other comprehensive income (loss)

 

1.7

 

 

 

 

 

 

1.7

 

Balance, September 30, 2016

$

121.9

 

 

$

1.3

 

 

$

123.2

 

 

The following table reflects changes in the shares of common stock outstanding during the year ended December 31, 2015 and the nine months ended September 30, 2016:

 

Shares of Common Stock Outstanding

 

Balance, December 31, 2014

 

17,099,882

 

Common stock issued

 

11,304,673

 

Common stock acquired

 

(9,698

)

Restricted common stock awards granted, net of forfeitures

 

240,990

 

Common stock options exercised, net of treasury shares reissued

 

229,892

 

Warrants exercised, net of repurchases

 

26,027

 

Balance, December 31, 2015

 

28,891,766

 

Restricted common stock awards granted, net of forfeitures

 

434,494

 

Common stock options exercised, net of treasury shares reissued

 

27,500

 

Warrants exercised, net of repurchases

 

7,552

 

Balance, September 30, 2016

 

29,361,312