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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Income Statement [Abstract]        
Sales $ 880.2 $ 810.5 $ 1,746.1 $ 1,568.0
Cost of sales 767.9 762.3 1,521.0 1,553.0
Gross profit 112.3 48.2 225.1 15.0
Selling and administrative expenses 66.7 59.3 126.2 121.9
Restructuring charges 0.0 1.0 0.0 10.0
Operating income (loss) 45.6 (12.1) 98.9 (116.9)
Interest expense, net (34.5) (30.3) (68.0) (58.6)
Other income, net 0.2 1.0 3.5 1.8
Income (loss) before income taxes 11.3 (41.4) 34.4 (173.7)
Income tax benefit (2.1) (25.9) (0.1) (60.1)
Net income (loss) 13.4 (15.5) 34.5 (113.6)
Less: Net income attributable to noncontrolling interests 3.3 3.3 6.9 6.4
Net income (loss) attributable to ATI $ 10.1 $ (18.8) $ 27.6 $ (120.0)
Basic net income (loss) attributable to ATI per common share (in dollars per share) $ 0.09 $ (0.18) $ 0.26 $ (1.12)
Diluted net income (loss) attributable to ATI per common share (in dollars per share) 0.09 (0.18) 0.25 (1.12)
Dividends declared per common share (in dollars per share) $ 0 $ 0.08 $ 0 $ 0.16