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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 (Loss) Income
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        
Net income 8.1     8.1    
Other comprehensive (loss) income, net of tax 18.0         18.0
Common shares issued (including impacts from Long-Term Incentive programs) (shares)   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)   (19,643)        
Cash dividends declared [1] (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        
Beginning balance at Dec. 31, 2022 $ 631.2 $ 0.2 1,090.4 13.3 (475.9) 3.2
Beginning balance (shares) at Dec. 31, 2022 15,940,756 15,940,756 [2]        
Net income $ 15.9     15.9    
Other comprehensive (loss) income, net of tax (1.1)         (1.1)
Common shares issued (including impacts from Long-Term Incentive programs) (shares) [2]   49,128        
Cancellation of shares to cover employees' tax withholdings upon vesting of non-vested shares (1.3)   (1.3)      
Cancellation of shares to cover employees' tax withholdings upon vesting of non-vested shares (shares) [2]   (15,848)        
Cash dividends declared [3] (12.5)     (12.5)    
Amortization of unearned equity compensation 3.4   3.4      
Ending balance at Mar. 31, 2023 $ 635.6 $ 0.2 $ 1,092.5 $ 16.7 $ (475.9) $ 2.1
Ending balance (shares) at Mar. 31, 2023 15,974,036 15,974,036 [2]        
[1] Dividends declared per common share were $0.77 for the quarter ended March 31, 2022.
[2] At March 31, 2023, 524,804 shares were available for awards under the Kaiser Aluminum Corporation 2021 Equity and Incentive Compensation Plan (“2021 Plan”)
[3] Dividends declared per common share were $0.77 for the quarter ended March 31, 2023.