Goodwill and Identifiable Intangible Assets, Net (Tables)

12 Months Ended

Dec. 31, 2016

Goodwill And Intangible Assets Disclosure [Abstract]

Schedule of Activity Associated with Goodwill

The following table reflects the activity associated with goodwill during the years ended December 31, 2016 and 2015:

(In millions)	RANA			RAEU			Total
Balance, December 31, 2014	$	—		$	—		$	—
Acquisition of Real Alloy		95.4			9.2			104.6
Currency translation adjustments		—			(0.3	)		(0.3	)
Balance, December 31, 2015		95.4			8.9			104.3
Impairment		(61.8	)		—			(61.8	)
Currency translation adjustments		—			(0.3	)		(0.3	)
Balance, December 31, 2016	$	33.6		$	8.6		$	42.2

Identifiable Intangible Assets

Identifiable intangible assets consisted of the following as of December 31, 2016 and 2015:

	December 31,
(In millions)	2016			2015
Customer relationships	$	17.0		$	17.0
Product formulations		—			0.2
Accumulated amortization		(4.5	)		(2.1	)
Identifiable intangible assets, net	$	12.5		$	15.1

Summary of Estimated Future Amortization of Identifiable Intangible Assets

The following table presents the estimated amortization of identifiable intangible assets in future periods:

(In millions)
2017	$	2.4
2018		2.4
2019		2.4
2020		2.4
2021		2.4
Thereafter		0.5
Amortization of identifiable intangible assets	$	12.5