XML 108 R27.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Quarterly Information (Unaudited)
 12 Months Ended
Dec. 31, 2019
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Information (Unaudited) Quarterly Information (Unaudited)
 

 
2019
 
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
 
Year
Net sales
$
1,697.7

 
$
1,680.5

 
$
1,535.5

 
$
1,445.7

 
$
6,359.4

Operating profit
41.2

 
106.6

 
51.1

 
10.4

 
209.3

Net income (loss) attributable to AK Holding
(4.5
)
 
66.8

 
2.8

 
(53.9
)
 
11.2

Basic and diluted earnings (loss) per share
$
(0.01
)
 
$
0.21

 
$
0.01

 
$
(0.17
)
 
$
0.04

 
 
 
 
 
 
 
 
 
 
 
2018
 
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
 
Year
Net sales
$
1,658.9

 
$
1,746.6

 
$
1,735.6

 
$
1,677.1

 
$
6,818.2

Operating profit
63.6

 
99.5

 
114.8

 
86.5

 
364.4

Net income (loss) attributable to AK Holding
28.7

 
56.6

 
67.2

 
33.5

 
186.0

Basic and diluted earnings (loss) per share
$
0.09

 
$
0.18

 
$
0.21

 
$
0.11

 
$
0.59



Included in net income (loss) attributable to AK Holding in the first quarter, fourth quarter and full year of 2019 was a charge of $77.4, a credit of $8.1 and a charge of $69.3, respectively, for the Ashland Works closure. Also included in net income (loss) attributable to AK Holding in the fourth quarter and full year of 2019 was a pension settlement charge of $26.9. Included in net income (loss) attributable to AK Holding in the fourth quarter and full year of 2018 was a pension settlement charge of $14.5.