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STATEMENTS OF CONSOLIDATED STOCKHOLDERS' EQUITY (UNAUDITED) - USD ($)
$ in Millions
Total
Common Stock
Additional Paid in Capital
Retained Earnings
Treasury Stock
Accumulated Other Comprehensive Loss
Beginning balance at Dec. 31, 2019 $ 733.9 $ 0.2 $ 1,062.9 $ 172.8 $ (463.4) $ (38.6)
Beginning balance (shares) at Dec. 31, 2019   15,868,304        
Stockholders' Equity [Roll Forward]            
Net income 29.1     29.1    
Other comprehensive income (loss), net of tax (15.5)         (15.5)
Common shares issued (including impacts from Long-Term Incentive programs) (shares)   119,598        
Cancellation of shares to cover employees' tax withholdings upon vesting of non-vested shares (4.3)   (4.3)      
Cancellation of shares to cover employees' tax withholdings upon vesting of non-vested shares (shares)   (45,545)        
Repurchase of common stock [1] (12.5)       (12.5)  
Repurchase of common stock (shares) [1]   (152,763)        
Cash dividends declared [2] (11.3)     (11.3)    
Amortization of unearned equity compensation 1.7   1.7      
Ending balance at Mar. 31, 2020 721.1 $ 0.2 1,060.3 190.6 (475.9) (54.1)
Ending balance (shares) at Mar. 31, 2020   15,789,594        
Beginning balance at Dec. 31, 2020 $ 732.4 $ 0.2 1,068.6 158.2 (475.9) (18.7)
Beginning balance (shares) at Dec. 31, 2020 15,812,169 15,812,169 [3],[4]        
Stockholders' Equity [Roll Forward]            
Net income $ 4.5     4.5    
Other comprehensive income (loss), net of tax 9.1         9.1
Common shares issued (including impacts from Long-Term Incentive programs) (shares) [3],[4]   56,394        
Cancellation of shares to cover employees' tax withholdings upon vesting of non-vested shares (2.4)   (2.4)      
Cancellation of shares to cover employees' tax withholdings upon vesting of non-vested shares (shares) [3],[4]   (20,625)        
Repurchase of common stock (shares)   0        
Cash dividends declared [5] (11.7)     (11.7)    
Amortization of unearned equity compensation 3.1   3.1      
Ending balance at Mar. 31, 2021 $ 735.0 $ 0.2 $ 1,069.3 $ 151.0 $ (475.9) $ (9.6)
Ending balance (shares) at Mar. 31, 2021 15,847,938 15,847,938 [3],[4]        
[1] Weighted-average repurchase price (dollars per share) for the quarter ended March 31, 2020 was $81.94.
[2] Dividends declared per common share was $0.67 for the quarter ended March 31, 2020.
[3] At March 31, 2021, 232,320 shares were available for awards under the Kaiser Aluminum Corporation 2016 Equity and Incentive Compensation Plan (“2016 Plan”).
[4] There were no repurchases of common stock during the quarter ended March 31, 2021. At March 31, 2021, $93.1 million remained available to repurchase our common shares pursuant to the stock repurchase program.
[5] Dividends declared per common share was $0.72 for the quarter ended March 31, 2021.