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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 Income (Loss)
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 [1]   15,812,169        
Net income 4.5     4.5    
Other comprehensive income, net of tax 9.1         9.1
Common shares issued (including impacts from Long-Term Incentive programs) (shares) [1]   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) [1]   (20,625)        
Cash dividends declared [2] (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 [1]   15,847,938        
Beginning balance at Dec. 31, 2021 $ 692.5 $ 0.2 1,078.9 93.0 (475.9) (3.7)
Beginning balance (shares) at Dec. 31, 2021 15,865,118 15,865,118 [3],[4]        
Net income $ 8.1     8.1    
Other comprehensive income, net of tax 18.0         18.0
Common shares issued (including impacts from Long-Term Incentive programs) (shares) [3],[4]   58,641        
Cancellation of shares to cover employees' tax withholdings upon vesting of non-vested shares (1.9)   (1.9)      
Cancellation of shares to cover employees' tax withholdings upon vesting of non-vested shares (shares) [3],[4]   (19,643)        
Cash dividends declared [5] (12.5)     (12.5)    
Amortization of unearned equity compensation 4.0   4.0      
Ending balance at Mar. 31, 2022 $ 708.2 $ 0.2 $ 1,081.0 $ 88.6 $ (475.9) $ 14.3
Ending balance (shares) at Mar. 31, 2022 15,904,116 15,904,116 [3],[4]        
[1] There were no repurchases of common stock during the quarter ended March 31, 2021.
[2] Dividends declared per common share were $0.72 for the quarter ended March 31, 2021.
[3] At March 31, 2022, 593,072 shares were available for awards under the Kaiser Aluminum Corporation 2021 Equity and Incentive Compensation Plan (“2021 Plan”).
[4] There were no repurchases of common stock during the quarter ended March 31, 2022. At March 31, 2022, $93.1 million remained available to repurchase our common shares pursuant to the stock repurchase program.
[5] Dividends declared per common share were $0.77 for the quarter ended March 31, 2022.