XML 65 R4.htm IDEA: XBRL DOCUMENT v2.4.1.9
Statements of Consolidated Income (USD $)
In Millions, except Share data in Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2015
Mar. 31, 2014
Net sales $ 371.7us-gaap_SalesRevenueGoodsNet $ 335.1us-gaap_SalesRevenueGoodsNet
Cost of products sold:    
Cost of products sold, excluding depreciation and amortization and other items 302.3us-gaap_CostOfGoodsSold 282.9us-gaap_CostOfGoodsSold
Unrealized losses (gains) on derivative instruments 4.5kalu_UnrealizedGainsLossesOnOperationalHedgingActivities (2.0)kalu_UnrealizedGainsLossesOnOperationalHedgingActivities
Depreciation and amortization 8.0us-gaap_DepreciationDepletionAndAmortization 7.4us-gaap_DepreciationDepletionAndAmortization
Selling, general, administrative, research and development 22.7kalu_SellingAdministrativeResearchAndDevelopmentAndGeneralExpenses 20.3kalu_SellingAdministrativeResearchAndDevelopmentAndGeneralExpenses
Loss on removal of Union VEBA net assets – Note 5 0.6us-gaap_DefinedBenefitPlanNetPeriodicBenefitCost (5.6)us-gaap_DefinedBenefitPlanNetPeriodicBenefitCost
Defined Benefit Plan, Curtailments 492.2us-gaap_DefinedBenefitPlanCurtailments  
Pre-tax loss on settlement of Union VEBA   0kalu_PretaxlossonsettlementofUnionVEBA
Total selling, administrative, research and development, and general 515.5kalu_TotalSellingAdministrativeResearchAndDevelopmentAndGeneralExpenses 14.7kalu_TotalSellingAdministrativeResearchAndDevelopmentAndGeneralExpenses
Total costs and expenses 830.3us-gaap_CostsAndExpenses 303.0us-gaap_CostsAndExpenses
Operating (loss) income (458.6)us-gaap_OperatingIncomeLoss 32.1us-gaap_OperatingIncomeLoss
Other (expense) income:    
Interest expense (9.8)us-gaap_InterestExpense (8.8)us-gaap_InterestExpense
Other income, net – Note 13 0.4us-gaap_OtherNonoperatingIncomeExpense 1.9us-gaap_OtherNonoperatingIncomeExpense
(Loss) income before income taxes (468.0)us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments 25.2us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
Income tax benefit (provision) 175.8us-gaap_IncomeTaxExpenseBenefit (9.4)us-gaap_IncomeTaxExpenseBenefit
Net (loss) income $ (292.2)us-gaap_NetIncomeLoss $ 15.8us-gaap_NetIncomeLoss
Net (loss) income per common share:    
Basic $ (16.85)us-gaap_EarningsPerShareBasic $ 0.88us-gaap_EarningsPerShareBasic
Diluted $ (16.85)us-gaap_EarningsPerShareDiluted $ 0.85us-gaap_EarningsPerShareDiluted
Weighted-average number of common shares outstanding (in thousands):    
Basic 17,344us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 17,921us-gaap_WeightedAverageNumberOfSharesOutstandingBasic
Diluted 17,344us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 18,514us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding