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Quarterly Financial Data Quarterly Financial Data (Tables)
 12 Months Ended
Dec. 31, 2015
Quarterly Financial Data [Abstract]  
Schedule of Quarterly Financial Information
The following tables present the unaudited financial data for each of the interim periods in 2015 and 2014 (in millions of dollars, except per share amounts):
 
 
Quarter
Ended
31-Mar1
 
Quarter
Ended
30-Jun
 
Quarter
Ended
30-Sep
 
Quarter
Ended
31-Dec
2015
 
 
 
 
 
 
 
 
Net sales
 
$
371.7

 
$
367.2

 
$
336.4

 
$
316.6

Cost of products sold, excluding depreciation, amortization and other items
 
302.3

 
294.8

 
267.3

 
251.0

Lower of cost or market inventory write-down
 
—

 
—

 
—

 
2.6

Unrealized loss (gain) on derivative instruments
 
4.5

 
1.5

 
1.7

 
(4.3
)
Gross profit
 
64.9

 
70.9

 
67.4

 
67.3

Operating (loss) income
 
(458.6
)
 
37.0

 
40.5

 
35.2

Net (loss) income
 
$
(292.2
)
 
$
20.2

 
$
22.1

 
$
13.3

Net (loss) income per common share, Basic
 
$
(16.85
)
 
$
1.19

 
$
1.29

 
$
0.76

Net (loss) income per common share, Diluted
 
$
(16.85
)
 
$
1.11

 
$
1.21

 
$
0.73

_________________________
1. 
The quarter ended March 31, 2015 includes the loss recognized on removal of the Union VEBA net assets. See Note 6 for additional information.
 
 
Quarter
Ended
31-Mar
 
Quarter
Ended
30-Jun
 
Quarter
Ended
30-Sep
 
Quarter
Ended
31-Dec
2014
 
 
 
 
 
 
 
 
Net sales
 
$
335.1

 
$
344.1

 
$
338.9

 
$
338.0

Cost of products sold, excluding depreciation, amortization and other items
 
282.9

 
275.5

 
280.4

 
278.7

Unrealized (gain) loss on derivative instruments
 
(2.0
)
 
(1.6
)
 
3.6

 
10.4

Gross profit
 
54.2

 
70.2

 
54.9

 
48.9

Operating income
 
32.1

 
46.4

 
32.6

 
26.8

Net income
 
$
15.8

 
$
24.5

 
$
15.9

 
$
15.6

Net income per common share, Basic
 
$
0.88

 
$
1.38

 
$
0.90

 
$
0.88

Net income per common share, Diluted
 
$
0.85

 
$
1.33

 
$
0.85

 
$
0.85