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CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Millions, unless otherwise specified
3 Months Ended 12 Months Ended
Dec. 31, 2013
Sep. 30, 2013
Jun. 30, 2013
Mar. 31, 2013
Dec. 31, 2012
Sep. 30, 2012
Jun. 30, 2012
Mar. 31, 2012
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Income Statement [Abstract]                      
Net sales $ 802.5 [1] $ 859.8 [2] $ 906.9 [3] $ 891.1 [4] $ 850.3 [5] $ 962.2 $ 1,090.6 [6] $ 1,121.6 $ 3,460.3 $ 4,024.7 $ 4,729.8
Cost of materials sold                 2,843.7 3,315.1 4,071.0
Gross profit 147.2 [1] 155.1 [2] 158.5 [3] 155.8 [4] 154.3 [5] 180.5 184.0 [6] 190.8 616.6 709.6 658.8
Warehousing, delivery, selling, general and administrative                 479.5 508.2 539.8
Restructuring and other charges     2.1   1.1       1.9 1.1 11.1
Impairment charges on fixed assets and goodwill 1.2 1.1 6.8 0.9 0.1   0.9   10.0 1.0 9.3
Pension and other postretirement benefits curtailment gain                   (1.7)  
Operating profit                 125.2 201.0 98.6
Other expense:                      
Other income and (expense), net                 (0.2) (18.0) 4.6
Interest and other expense on debt                 (110.5) (86.4) (80.1)
Income (loss) before income taxes (0.1) [1] 6.2 [2] 2.4 [3] 6.0 [4] (7.9) [5] 32.1 32.6 [6] 39.8 14.5 96.6 23.1
Benefit for income taxes                 (65.4) (7.2) (11.5)
Net income 71.5 [1] 3.3 [2] 0.2 [3] 4.9 [4] 5.7 [5] 31.6 29.4 [6] 37.1 79.9 103.8 34.6
Less: Net loss attributable to noncontrolling interest                 (5.8) (5.5) (8.3)
Net income attributable to Ryerson Inc. $ 72.4 [1] $ 4.3 [2] $ 1.9 [3] $ 7.1 [4] $ 7.0 [5] $ 33.5 $ 30.6 [6] $ 38.2 $ 85.7 $ 109.3 $ 42.9
[1] Included in the fourth quarter 2013 results is an impairment charge of $1.2 million related to certain assets held for sale to recognize the assets at their appraised fair value less cost to sell and an income tax benefit of $71.6 million, primarily related to a reduction in valuation allowance previously recorded against U.S. deferred tax assets.
[2] Included in the third quarter 2013 results is an impairment charge of $1.1 million related to certain assets held for sale to recognize the assets at their fair value less cost to sell.
[3] Included in the second quarter 2013 results is an impairment charge of $6.8 million to reduce the carrying value of goodwill at a reporting unit to its implied fair value. The second quarter also includes a $2.1 million restructuring charge related to the closure of a facility.
[4] Included in the first quarter 2013 results is an impairment charge of $0.9 million related to certain assets held for sale to recognize the assets at their fair value less cost to sell.
[5] Included in the fourth quarter 2012 results is an impairment charge of $0.1 million related to certain assets held for sale to recognize the assets at their fair value less cost to sell, $1.1 million restructuring charges primarily for employee-related costs resulting from a facility closure, a $17.2 million loss on the redemption of the Ryerson Notes, and a $1.7 million curtailment gain related to an amendment of a Canadian post-retirement medical and life insurance plan. The fourth quarter of 2012 also included an income tax benefit of $15.2 million related to the release of valuation allowance associated with certain state deferred tax assets.
[6] Included in the second quarter 2012 results is an impairment charge of $0.9 million related to certain assets held for sale to recognize the assets at their fair value less cost to sell.