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Unaudited Quarterly Financial Information (Tables)
12 Months Ended
Dec. 31, 2016
Quarterly Financial Information Disclosure [Abstract]  
Unaudited Quarterly Financial Information

The following tables present unaudited quarterly financial information, which has been prepared on a basis consistent with that of the audited consolidated financial statements and includes all necessary material adjustments, consisting of normal recurring accruals and adjustments, to present fairly the unaudited quarterly financial information. The quarterly results of operations for these periods are not necessarily indicative of future results of operations. The quarterly per share calculations are based on the weighted average number of shares for each period; therefore, the sum of the quarters may not necessarily be equal to the full year per share amounts.

 

 

Unaudited 2016 Information for the Three Months Ended

 

(In millions, except per share amounts)

March 31,

 

 

June 30,

 

 

September 30,

 

 

December 31,

 

Revenues

$

309.4

 

 

$

320.9

 

 

$

314.9

 

 

$

304.5

 

Cost of sales

 

292.8

 

 

 

298.6

 

 

 

298.3

 

 

 

293.3

 

Gross profit

 

16.6

 

 

 

22.3

 

 

 

16.6

 

 

 

11.2

 

Operating costs

 

18.7

 

 

 

14.2

 

 

 

20.1

 

 

 

78.4

 

Operating profit (loss)

$

(2.1

)

 

$

8.1

 

 

$

(3.5

)

 

$

(67.2

)

Net loss attributable to Real Industry, Inc.

$

(10.1

)

 

$

(1.5

)

 

$

(10.9

)

 

$

(80.4

)

Net loss available to common stockholders

$

(10.8

)

 

$

(2.2

)

 

$

(11.7

)

 

$

(81.2

)

Earnings per share—basic

$

(0.38

)

 

$

(0.07

)

 

$

(0.40

)

 

$

(2.84

)

Earnings per share—diluted

 

(0.38

)

 

 

(0.07

)

 

 

(0.40

)

 

 

(2.84

)

 

Unaudited 2015 Information for the Three Months Ended

 

(In millions, except per share amounts)

March 31,

 

 

June 30,

 

 

September 30,

 

 

December 31,

 

Revenues

$

137.8

 

 

$

368.7

 

 

$

338.6

 

 

$

300.5

 

Cost of sales

 

133.0

 

 

 

347.4

 

 

 

313.2

 

 

 

277.1

 

Gross profit

 

4.8

 

 

 

21.3

 

 

 

25.4

 

 

 

23.4

 

Operating costs

 

7.6

 

 

 

18.5

 

 

 

18.0

 

 

 

20.6

 

Operating profit (loss)

$

(2.8

)

 

$

2.8

 

 

$

7.4

 

 

$

2.8

 

Net earnings (loss) attributable to Real Industry, Inc.

$

6.7

 

 

$

(10.9

)

 

$

1.2

 

 

$

(3.9

)

Net earnings (loss) available to common stockholders

$

6.5

 

 

$

(11.6

)

 

$

0.5

 

 

$

(4.6

)

Earnings per share—basic

$

0.30

 

 

$

(0.42

)

 

$

0.02

 

 

$

(0.16

)

Earnings per share—diluted

 

0.30

 

 

 

(0.42

)

 

 

0.02

 

 

 

(0.16

)