Business, Product and Geographical Area Information

9 Months Ended

Sep. 30, 2022

Segment Reporting [Abstract]

Business, Product and Geographical Area Information

12. Business, Product and Geographical Area Information

Our primary line of business is the production of semi-fabricated specialty aluminum mill products, such as bare and coated coils, plate and sheet and extruded and drawn products, for the following end market applications: (i) aerospace and high strength (“Aero/HS products”); (ii) beverage and food packaging products (“Packaging”); (iii) automotive (“Automotive Extrusions”); (iv) general engineering (“GE products”); and (v) other industrial (“Other products”). We operate 13 focused production facilities in the United States and one in Canada. Our chief operating decision maker reviews and evaluates our business as a single operating segment.

The following table presents Net sales by end market applications and by timing of control transfer (in millions of dollars):

	Quarter Ended September 30,				Nine Months Ended September 30,
	2022		2021		2022		2021
Net sales:
Aero/HS products	$	140.8	$	142.0	$	492.8	$	387.6
Packaging		341.5		367.3		1,240.2		726.1
Automotive Extrusions		60.6		50.1		196.0		163.3
GE products		200.3		187.1		699.2		518.4
Other products		5.7		4.1		23.7		20.2
Total net sales	$	748.9	$	750.6	$	2,651.9	$	1,815.6
Timing of revenue recognition:
Products transferred at a point in time	$	630.2	$	613.6	$	2,165.1	$	1,419.5
Products transferred over time		118.7		137.0		486.8		396.1
Total net sales	$	748.9	$	750.6	$	2,651.9	$	1,815.6

The following table presents geographic information for income taxes paid (in millions of dollars):

	Quarter Ended September 30,				Nine Months Ended September 30,
	2022		2021		2022		2021
Income taxes paid:
Domestic	$	0.3	$	—	$	2.7	$	1.2
Foreign		1.6		0.2		2.6		0.8
Total income taxes paid	$	1.9	$	0.2	$	5.3	$	2.0