2024 Q1 Form 10-K Financial Statement

#000162828024006606 Filed on February 23, 2024

View on sec.gov

Income Statement

Concept 2024 Q1 2023 Q4 2023 Q1
Revenue $1.043B $1.064B $1.038B
YoY Change 0.46% 5.3% 24.46%
Cost Of Revenue $845.5M $858.3M $844.9M
YoY Change 0.07% 4.07% 27.11%
Gross Profit $197.4M $205.7M $193.2M
YoY Change 2.17% 10.77% 14.05%
Gross Profit Margin 18.93% 19.33% 18.61%
Selling, General & Admin $82.00M $92.30M $80.60M
YoY Change 1.74% 20.18% 7.18%
% of Gross Profit 41.54% 44.87% 41.72%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $36.00M $39.50M $35.10M
YoY Change 2.56% 10.34% -1.13%
% of Gross Profit 18.24% 19.2% 18.17%
Operating Expenses $82.00M $92.30M $80.60M
YoY Change 1.74% 20.18% 7.18%
Operating Profit $115.2M $113.4M $112.6M
YoY Change 2.31% 4.13% 46.23%
Interest Expense -$27.00M -$27.80M -$20.20M
YoY Change 33.66% 52.75% -12.93%
% of Operating Profit -23.44% -24.51% -17.94%
Other Income/Expense, Net $400.0K -$72.40M $600.0K
YoY Change -33.33% 1127.12% -108.0%
Pretax Income $85.30M $8.100M $76.50M
YoY Change 11.5% -90.52% 90.77%
Income Tax $16.90M -$141.1M $4.300M
% Of Pretax Income 19.81% -1741.98% 5.62%
Net Earnings $66.10M $145.7M $70.10M
YoY Change -5.71% 89.47% 126.86%
Net Earnings / Revenue 6.34% 13.69% 6.75%
Basic Earnings Per Share $0.52 $1.15 $0.55
Diluted Earnings Per Share $0.46 $0.99 $0.48
COMMON SHARES
Basic Shares Outstanding 127.8M shares 127.6M shares 128.6M shares
Diluted Shares Outstanding 147.5M shares 150.2M shares 150.1M shares

Balance Sheet

Concept 2024 Q1 2023 Q4 2023 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $394.4M $743.9M $196.2M
YoY Change 101.02% 27.38% -38.05%
Cash & Equivalents $394.4M $743.9M $196.2M
Short-Term Investments
Other Short-Term Assets $52.80M $62.20M $48.00M
YoY Change 10.0% 16.48% -57.26%
Inventory $1.285B $1.248B $1.294B
Prepaid Expenses
Receivables $720.5M $684.1M $725.6M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $2.518B $2.738B $2.316B
YoY Change 8.7% 10.55% 1.34%
LONG-TERM ASSETS
Property, Plant & Equipment $1.689B $1.666B $1.552B
YoY Change 8.83% 7.54% 3.27%
Goodwill $227.2M $227.2M $227.2M
YoY Change 0.0% 0.0% 0.0%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $348.1M $354.3M $192.0M
YoY Change 81.3% 83.67% -1.23%
Total Long-Term Assets $2.264B $2.247B $1.971B
YoY Change 14.88% 14.13% 1.06%
TOTAL ASSETS
Total Short-Term Assets $2.518B $2.738B $2.316B
Total Long-Term Assets $2.264B $2.247B $1.971B
Total Assets $4.782B $4.985B $4.287B
YoY Change 11.54% 12.14% 1.21%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $482.6M $524.8M $447.5M
YoY Change 7.84% -5.15% 12.98%
Accrued Expenses $225.8M $256.8M $201.9M
YoY Change 11.84% 16.83% -5.43%
Deferred Revenue $161.6M $163.6M $149.7M
YoY Change 7.95% 9.73% 12.3%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $27.10M $31.90M $24.90M
YoY Change 8.84% -23.5% -78.66%
Total Short-Term Liabilities $897.1M $977.1M $824.0M
YoY Change 8.87% 1.37% -6.06%
LONG-TERM LIABILITIES
Long-Term Debt $2.146B $2.148B $1.702B
YoY Change 26.1% 25.87% -0.31%
Other Long-Term Liabilities $156.0M $379.8M $193.1M
YoY Change -19.21% 82.86% -3.16%
Total Long-Term Liabilities $156.0M $2.528B $193.1M
YoY Change -19.21% 1116.9% -3.16%
TOTAL LIABILITIES
Total Short-Term Liabilities $897.1M $977.1M $824.0M
Total Long-Term Liabilities $156.0M $2.528B $193.1M
Total Liabilities $3.409B $3.612B $3.073B
YoY Change 10.93% 9.84% -10.68%
SHAREHOLDERS EQUITY
Retained Earnings -$4.000M -$70.10M $247.0M
YoY Change -101.62% -139.63% 138.42%
Common Stock $1.717B $1.710B $1.688B
YoY Change 1.67% 1.73% 4.52%
Preferred Stock
YoY Change
Treasury Stock (at cost) $360.1M $184.0M $107.8M
YoY Change 234.04% 111.49% 8.12%
Treasury Stock Shares 3.682M shares
Shareholders Equity $1.264B $1.373B $1.097B
YoY Change
Total Liabilities & Shareholders Equity $4.782B $4.985B $4.287B
YoY Change 11.54% 12.14% 1.21%

Cashflow Statement

Concept 2024 Q1 2023 Q4 2023 Q1
OPERATING ACTIVITIES
Net Income $66.10M $145.7M $70.10M
YoY Change -5.71% 89.47% 126.86%
Depreciation, Depletion And Amortization $36.00M $39.50M $35.10M
YoY Change 2.56% 10.34% -1.13%
Cash From Operating Activities -$98.80M $417.2M -$285.2M
YoY Change -65.36% 28.65% 31.31%
INVESTING ACTIVITIES
Capital Expenditures $65.80M $53.40M $60.40M
YoY Change 8.94% 75.66% -332.31%
Acquisitions
YoY Change
Other Investing Activities -$1.000M $3.400M -$200.0K
YoY Change 400.0% -27.66% -80.0%
Cash From Investing Activities -$63.80M -$50.00M -$59.30M
YoY Change 7.59% 94.55% 145.04%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$186.9M -56.20M -$43.30M
YoY Change 331.64% 28.6% -66.59%
NET CHANGE
Cash From Operating Activities -$98.80M 417.2M -$285.2M
Cash From Investing Activities -$63.80M -50.00M -$59.30M
Cash From Financing Activities -$186.9M -56.20M -$43.30M
Net Change In Cash -$349.5M 311.0M -$387.8M
YoY Change -9.88% 22.01% 4.53%
FREE CASH FLOW
Cash From Operating Activities -$98.80M $417.2M -$285.2M
Capital Expenditures $65.80M $53.40M $60.40M
Free Cash Flow -$164.6M $363.8M -$345.6M
YoY Change -52.37% 23.78% 80.75%

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CY2023 us-gaap Fiscal Period
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<div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:107%">Fiscal Year</span></div>The Company follows a 4-4-5 or 5-4-4 fiscal calendar, whereby each fiscal quarter consists of thirteen weeks grouped into two four-week months and one five-week month, and its fiscal year ends on the Sunday closest to December 31. Unless otherwise stated, references to years in this Annual Report on Form 10-K relate to fiscal years, rather than calendar years. Fiscal years 2023, 2022 and 2021 ended on December 31, 2023, January 1, 2023 and January 2, 2022, respectively. All fiscal years presented include 52 weeks of operations. The dates for prior fiscal years have been revised to more precisely reflect the exact day of the year end periods for these fiscal years given our 4-4-5 or 5-4-4 calendar.
CY2023 us-gaap Use Of Estimates
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<div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:107%">Risks and Uncertainties and Use of Estimates</span></div>The preparation of consolidated financial statements in conformity with United States generally accepted accounting principles requires management to make estimates and assumptions that affect reported amounts of assets and liabilities at the date of the financial statements, as well as the reported amounts of income and expenses during the reporting period. Actual results could differ from those estimates. Management believes that the estimates are reasonable.
CY2023 us-gaap Concentration Risk Credit Risk
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<div style="margin-top:9pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company markets its products to a diverse customer base, principally throughout the United States. No single customer accounted for more than 10% of sales for any year presented. The major end markets for ATI’s products are customers in the aerospace &amp; defense, energy, automotive, construction and mining, food equipment and appliances, and medical markets.</span></div>
CY2023Q4 dei Entity Number Of Employees
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CY2023 ati Employees Percent Non U.S.
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CY2022Q1 ati Entity Number Of Employees Covered By Usw Collective Bargaining Agreements Expiring February282021
EntityNumberOfEmployeesCoveredByUSWCollectiveBargainingAgreementsExpiringFebruary282021
1100 employee
CY2023 ati Nonoperatingretirementbenefitexpense
Nonoperatingretirementbenefitexpense
79700000 usd
CY2023 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
295200000 usd
CY2023 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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CY2023 us-gaap Profit Loss
ProfitLoss
423400000 usd
CY2023 us-gaap Net Income Loss
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CY2023 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
3.21
CY2023 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.81
CY2023 us-gaap Profit Loss
ProfitLoss
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CY2023 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Before Tax
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1100000 usd
CY2023 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
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CY2023 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
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CY2023Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
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CY2023Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
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CY2023 us-gaap Profit Loss
ProfitLoss
423400000 usd
CY2023 us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
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CY2023 us-gaap Increase Decrease In Pension And Postretirement Obligations
IncreaseDecreaseInPensionAndPostretirementObligations
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CY2023 us-gaap Profit Loss
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423400000 usd
CY2023 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-16200000 usd
CY2023 ati Gain Loss On Asset And Business Sales Net
GainLossOnAssetAndBusinessSalesNet
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CY2023 us-gaap Operating Income Loss
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316100000 usd
CY2023 ati Nonoperatingretirementbenefitexpense
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CY2023 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
354600000 usd
CY2023 us-gaap Profit Loss
ProfitLoss
339100000 usd
CY2023 us-gaap Net Income Loss
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323500000 usd
CY2023 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.54
CY2023 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.23
CY2023 us-gaap Profit Loss
ProfitLoss
339100000 usd
CY2023 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Before Tax
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CY2023 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Net Unamortized Gain Loss Arising During Period Before Tax
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54700000 usd
CY2023 us-gaap Other Comprehensive Income Loss Finalization Of Pension And Non Pension Postretirement Plan Valuation Before Tax
OtherComprehensiveIncomeLossFinalizationOfPensionAndNonPensionPostretirementPlanValuationBeforeTax
700000 usd
CY2023 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
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CY2023 us-gaap Other Comprehensive Income Loss Net Of Tax
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CY2023Q1 us-gaap Retained Earnings Accumulated Deficit
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CY2023Q1 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
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CY2023 us-gaap Profit Loss
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339100000 usd
CY2023 us-gaap Gain Loss On Sale Of Business
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CY2023 us-gaap Increase Decrease In Pension And Postretirement Obligations
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CY2023 us-gaap Profit Loss
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CY2023 us-gaap Other Comprehensive Income Loss Net Of Tax
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CY2022 ati Nonoperatingretirementbenefitexpense
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CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
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CY2022 us-gaap Profit Loss
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CY2022 us-gaap Net Income Loss
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CY2022 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
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CY2022 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
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CY2022 us-gaap Profit Loss
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CY2022 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Before Tax
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CY2022 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Net Unamortized Gain Loss Arising During Period Before Tax
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8700000 usd
CY2022 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
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CY2022 us-gaap Other Comprehensive Income Loss Net Of Tax
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CY2022 us-gaap Profit Loss
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CY2022 us-gaap Profit Loss
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CY2022 us-gaap Other Comprehensive Income Loss Net Of Tax
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CY2023Q1 us-gaap Allowance For Doubtful Accounts Receivable
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CY2023 us-gaap Research And Development Expense
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20700000 usd
CY2023 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
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CY2022 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
16500000 usd
CY2023 us-gaap Research And Development Arrangement Contract To Perform For Others Costs Incurred Gross
ResearchAndDevelopmentArrangementContractToPerformForOthersCostsIncurredGross
1400000 usd
CY2023 us-gaap Research And Development Arrangement Contract To Perform For Others Costs Incurred Gross
ResearchAndDevelopmentArrangementContractToPerformForOthersCostsIncurredGross
1400000 usd
CY2022 us-gaap Research And Development Arrangement Contract To Perform For Others Costs Incurred Gross
ResearchAndDevelopmentArrangementContractToPerformForOthersCostsIncurredGross
3500000 usd
CY2023Q4 us-gaap Revenue Remaining Performance Obligation
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3800000000 usd
CY2023 us-gaap Number Of Operating Segments
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2 segment
CY2023 us-gaap Number Of Operating Segments
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CY2023 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
4173700000 usd
CY2023 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
3836000000 usd
CY2022 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2799800000 usd
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RevenueFromContractWithCustomerExcludingAssessedTax
4173700000 usd
CY2023 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
3836000000 usd
CY2022 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2799800000 usd
CY2023 ati Revenuefrom Contractwith Customer Excluding Assessed Tax Percentageof Revenue
RevenuefromContractwithCustomerExcludingAssessedTaxPercentageofRevenue
1
CY2023 ati Revenuefrom Contractwith Customer Excluding Assessed Tax Percentageof Revenue
RevenuefromContractwithCustomerExcludingAssessedTaxPercentageofRevenue
1
CY2022 ati Revenuefrom Contractwith Customer Excluding Assessed Tax Percentageof Revenue
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CY2023Q1 us-gaap Revenue Remaining Performance Obligation
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2900000000 usd
CY2022Q1 us-gaap Revenue Remaining Performance Obligation
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2100000000 usd
CY2023Q4 ati Revenue Remaining Performance Obligation Current
RevenueRemainingPerformanceObligationCurrent
0.70 usd
CY2023Q4 ati Accountsreceivablewithcustomers
Accountsreceivablewithcustomers
628200000 usd
CY2023Q1 ati Accountsreceivablewithcustomers
Accountsreceivablewithcustomers
586900000 usd
CY2021Q1 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
4300000 usd
CY2022 us-gaap Provision For Doubtful Accounts
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300000 usd
CY2022 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
800000 usd
CY2022Q1 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
3800000 usd
CY2023 us-gaap Provision For Doubtful Accounts
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4600000 usd
CY2023 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
700000 usd
CY2023Q1 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
7700000 usd
CY2023 us-gaap Provision For Doubtful Accounts
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100000 usd
CY2023 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
4600000 usd
CY2023Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
3200000 usd
CY2023Q1 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
64100000 usd
CY2022Q1 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
53900000 usd
CY2021Q1 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
38900000 usd
CY2023 ati Contractwith Customer Asset Current Period Increase
ContractwithCustomerAssetCurrentPeriodIncrease
84100000 usd
CY2023 ati Contractwith Customer Asset Current Period Increase
ContractwithCustomerAssetCurrentPeriodIncrease
105000000.0 usd
CY2022 ati Contractwith Customer Asset Current Period Increase
ContractwithCustomerAssetCurrentPeriodIncrease
93800000 usd
CY2023 ati Contractwith Customer Asset Current Reclassifiedto Receivable
ContractwithCustomerAssetCurrentReclassifiedtoReceivable
89500000 usd
CY2023 ati Contractwith Customer Asset Current Reclassifiedto Receivable
ContractwithCustomerAssetCurrentReclassifiedtoReceivable
88000000.0 usd
CY2022 ati Contractwith Customer Asset Current Reclassifiedto Receivable
ContractwithCustomerAssetCurrentReclassifiedtoReceivable
76200000 usd
CY2023 ati Contractwith Customer Asset Current Reclassification
ContractwithCustomerAssetCurrentReclassification
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CY2023 ati Contractwith Customer Asset Current Reclassification
ContractwithCustomerAssetCurrentReclassification
6800000 usd
CY2022 ati Contractwith Customer Asset Current Reclassification
ContractwithCustomerAssetCurrentReclassification
2600000 usd
CY2023Q4 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
59100000 usd
CY2023Q1 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
64100000 usd
CY2022Q1 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
53900000 usd
CY2023Q1 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
149100000 usd
CY2022Q1 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
116200000 usd
CY2021Q1 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
111800000 usd
CY2023 ati Contractwith Customer Liability Current Period Increase
ContractwithCustomerLiabilityCurrentPeriodIncrease
133400000 usd
CY2023 ati Contractwith Customer Liability Current Period Increase
ContractwithCustomerLiabilityCurrentPeriodIncrease
183100000 usd
CY2022 ati Contractwith Customer Liability Current Period Increase
ContractwithCustomerLiabilityCurrentPeriodIncrease
161500000 usd
CY2023 ati Contractwith Customer Liability Current Reclassifiedto Revenue
ContractwithCustomerLiabilityCurrentReclassifiedtoRevenue
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CY2023 ati Contractwith Customer Liability Current Reclassifiedto Revenue
ContractwithCustomerLiabilityCurrentReclassifiedtoRevenue
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CY2022 ati Contractwith Customer Liability Current Reclassifiedto Revenue
ContractwithCustomerLiabilityCurrentReclassifiedtoRevenue
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CY2023 ati Contractwith Customer Liability Current Revenue Recognized
ContractwithCustomerLiabilityCurrentRevenueRecognized
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CY2023 ati Contractwith Customer Liability Current Revenue Recognized
ContractwithCustomerLiabilityCurrentRevenueRecognized
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CY2022 ati Contractwith Customer Liability Current Revenue Recognized
ContractwithCustomerLiabilityCurrentRevenueRecognized
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CY2023 ati Contract With Customers Liability Current Divestiture
ContractWithCustomersLiabilityCurrentDivestiture
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CY2023 ati Contract With Customers Liability Current Divestiture
ContractWithCustomersLiabilityCurrentDivestiture
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CY2022 ati Contract With Customers Liability Current Divestiture
ContractWithCustomersLiabilityCurrentDivestiture
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CY2023 ati Contractwith Customer Liability Current Other
ContractwithCustomerLiabilityCurrentOther
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CY2023 ati Contractwith Customer Liability Current Other
ContractwithCustomerLiabilityCurrentOther
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CY2022 ati Contractwith Customer Liability Current Other
ContractwithCustomerLiabilityCurrentOther
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CY2023 ati Contractwith Customer Liability Current Reclassification
ContractwithCustomerLiabilityCurrentReclassification
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CY2023 ati Contractwith Customer Liability Current Reclassification
ContractwithCustomerLiabilityCurrentReclassification
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CY2022 ati Contractwith Customer Liability Current Reclassification
ContractwithCustomerLiabilityCurrentReclassification
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ContractWithCustomerLiabilityCurrent
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CY2023Q1 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
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CY2022Q1 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
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ContractWithCustomerLiabilityNoncurrent
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ContractWithCustomerLiabilityNoncurrent
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CY2023 ati Contractwith Customer Liability Noncurrent Period Increase
ContractwithCustomerLiabilityNoncurrentPeriodIncrease
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CY2023 ati Contractwith Customer Liability Noncurrent Period Increase
ContractwithCustomerLiabilityNoncurrentPeriodIncrease
10400000 usd
CY2022 ati Contractwith Customer Liability Noncurrent Period Increase
ContractwithCustomerLiabilityNoncurrentPeriodIncrease
56600000 usd
CY2023 ati Contractwith Customer Liability Noncurrent Reclassification
ContractwithCustomerLiabilityNoncurrentReclassification
30200000 usd
CY2023 ati Contractwith Customer Liability Noncurrent Reclassification
ContractwithCustomerLiabilityNoncurrentReclassification
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CY2022 ati Contractwith Customer Liability Noncurrent Reclassification
ContractwithCustomerLiabilityNoncurrentReclassification
4200000 usd
CY2023Q4 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
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CY2023Q1 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
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CY2023Q4 us-gaap Capitalized Contract Cost Net
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CapitalizedContractCostNet
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CY2023 us-gaap Capitalized Contract Cost Amortization
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CY2022 us-gaap Capitalized Contract Cost Amortization
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CY2023Q4 us-gaap Inventory Work In Process
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CY2023Q4 us-gaap Inventory Gross
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CY2023Q1 us-gaap Inventory Gross
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CY2023Q4 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
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CY2023Q1 us-gaap Inventory Valuation Reserves
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CY2023Q4 us-gaap Inventory Net
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CY2023Q1 us-gaap Inventory Net
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CY2023Q4 us-gaap Land
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32300000 usd
CY2023Q1 us-gaap Land
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31500000 usd
CY2023Q4 us-gaap Buildings And Improvements Gross
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692700000 usd
CY2023Q1 us-gaap Buildings And Improvements Gross
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CY2023Q4 us-gaap Machinery And Equipment Gross
MachineryAndEquipmentGross
3024300000 usd
CY2023Q1 us-gaap Machinery And Equipment Gross
MachineryAndEquipmentGross
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CY2023Q4 us-gaap Property Plant And Equipment Gross
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CY2023Q1 us-gaap Property Plant And Equipment Gross
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CY2023Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
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CY2023Q4 us-gaap Property Plant And Equipment Net
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CY2023Q4 us-gaap Construction In Progress Gross
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CY2023Q4 us-gaap Goodwill Impaired Accumulated Impairment Loss
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CY2023Q1 us-gaap Goodwill Impaired Accumulated Impairment Loss
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CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
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CY2023 ati Transaction Costs From Sales Of Businesses Net Of Proceeds
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CY2023Q4 ati Retained Earnings Equity Method Undistributed Earnings
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CY2023Q4 us-gaap Asset Retirement Obligation
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CY2023Q1 us-gaap Asset Retirement Obligation
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CY2022Q1 us-gaap Asset Retirement Obligation
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CY2023 us-gaap Asset Retirement Obligation Accretion Expense
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CY2023 us-gaap Asset Retirement Obligation Accretion Expense
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CY2023 us-gaap Asset Retirement Obligation Liabilities Settled
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CY2023 us-gaap Asset Retirement Obligation Liabilities Settled
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CY2023Q4 us-gaap Asset Retirement Obligation
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CY2023Q1 us-gaap Asset Retirement Obligation
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CY2023Q1 us-gaap Cash
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CY2023Q4 us-gaap Money Market Funds At Carrying Value
MoneyMarketFundsAtCarryingValue
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CY2023Q4 us-gaap Cash And Cash Equivalents At Carrying Value
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CY2023 ati Rent Royalty And Other Income
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CY2022 ati Rent Royalty And Other Income
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CY2023 us-gaap Gain Loss On Disposition Of Assets1
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CY2022 us-gaap Gain Loss On Disposition Of Assets1
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CY2023 us-gaap Income Loss From Equity Method Investments
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CY2023 us-gaap Income Loss From Equity Method Investments
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CY2022 us-gaap Income Loss From Equity Method Investments
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CY2023 us-gaap Disposal Group Not Discontinued Operation Gain Loss On Disposal
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CY2023 us-gaap Disposal Group Not Discontinued Operation Gain Loss On Disposal
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CY2022 us-gaap Disposal Group Not Discontinued Operation Gain Loss On Disposal
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CY2023 ati Equity Method Investments Restructuring Credit Charges
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CY2023 ati Equity Method Investments Restructuring Credit Charges
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CY2022 ati Equity Method Investments Restructuring Credit Charges
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CY2023 ati Other Nonoperating Income Expense Litigation Reserve
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CY2023 ati Other Nonoperating Income Expense Litigation Reserve
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CY2022 ati Other Nonoperating Income Expense Litigation Reserve
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CY2023 ati Other Other Nonoperating Income Expense
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CY2023 ati Other Other Nonoperating Income Expense
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CY2022 ati Other Other Nonoperating Income Expense
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CY2023 us-gaap Other Nonoperating Income Expense
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CY2023 us-gaap Other Nonoperating Income Expense
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CY2022 us-gaap Other Nonoperating Income Expense
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CY2023Q4 us-gaap Supplier Finance Program Obligation Current
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CY2023Q1 us-gaap Supplier Finance Program Obligation Current
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CY2023Q4 us-gaap Deferred Finance Costs Net
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CY2023Q1 us-gaap Deferred Finance Costs Net
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CY2023Q1 ati Total Debt
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CY2023Q4 us-gaap Debt Current
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CY2023Q1 us-gaap Debt Current
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CY2023Q4 us-gaap Long Term Debt And Capital Lease Obligations
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CY2023Q1 us-gaap Long Term Debt And Capital Lease Obligations
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CY2023 us-gaap Interest Expense Debt
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CY2023 us-gaap Interest Expense Debt
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CY2022 us-gaap Interest Expense Debt
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CY2023 us-gaap Interest Costs Capitalized
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CY2023 us-gaap Interest Costs Capitalized
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CY2022 us-gaap Interest Costs Capitalized
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CY2023 us-gaap Interest Paid
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CY2023 us-gaap Interest Paid
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CY2022 us-gaap Interest Paid
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CY2023 us-gaap Investment Income Interest
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CY2023 us-gaap Investment Income Interest
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CY2022 us-gaap Investment Income Interest
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CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
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CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
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CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
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CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
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CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
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CY2022 us-gaap Payments Of Debt Extinguishment Costs
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CY2022 us-gaap Gains Losses On Extinguishment Of Debt
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CY2023 us-gaap Stock Issued During Period Value Conversion Of Convertible Securities
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CY2023 us-gaap Stock Issued During Period Shares Conversion Of Convertible Securities
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CY2023 us-gaap Finance Lease Right Of Use Asset Amortization
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CY2023 us-gaap Finance Lease Right Of Use Asset Amortization
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8900000 usd
CY2022 us-gaap Finance Lease Right Of Use Asset Amortization
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CY2023 us-gaap Finance Lease Interest Expense
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CY2023 us-gaap Finance Lease Interest Expense
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CY2022 us-gaap Finance Lease Interest Expense
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CY2023 us-gaap Operating Lease Cost
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CY2023 us-gaap Operating Lease Cost
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CY2022 us-gaap Operating Lease Cost
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CY2023 us-gaap Short Term Lease Cost
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CY2023 us-gaap Short Term Lease Cost
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CY2022 us-gaap Short Term Lease Cost
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CY2023 us-gaap Variable Lease Cost
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CY2023 us-gaap Variable Lease Cost
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CY2023 us-gaap Sublease Income
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CY2023 us-gaap Sublease Income
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CY2022 us-gaap Sublease Income
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CY2023 us-gaap Lease Cost
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CY2023 us-gaap Lease Cost
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CY2022 us-gaap Lease Cost
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CY2023 us-gaap Finance Lease Interest Payment On Liability
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CY2023 us-gaap Finance Lease Interest Payment On Liability
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CY2022 us-gaap Finance Lease Interest Payment On Liability
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CY2023 us-gaap Operating Lease Payments
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CY2023 us-gaap Finance Lease Principal Payments
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CY2023 us-gaap Finance Lease Principal Payments
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CY2022 us-gaap Finance Lease Principal Payments
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CY2023 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
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CY2023 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
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15300000 usd
CY2022 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
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CY2023 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
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CY2023 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
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CY2023Q4 us-gaap Finance Lease Weighted Average Discount Rate Percent
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CY2023Q1 us-gaap Finance Lease Weighted Average Discount Rate Percent
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CY2023Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
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CY2023Q1 us-gaap Operating Lease Weighted Average Discount Rate Percent
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CY2022Q1 us-gaap Operating Lease Weighted Average Discount Rate Percent
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CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
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CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
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CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due
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CY2023Q4 us-gaap Operating Lease Liability
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CY2023Q4 us-gaap Finance Lease Liability Payments Due Next Twelve Months
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CY2023Q4 us-gaap Finance Lease Liability Payments Due Year Two
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CY2023Q4 us-gaap Finance Lease Liability Payments Due
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CY2023Q4 us-gaap Finance Lease Liability
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CY2023Q4 ati Progress Payments Made On Behalf Of Company Paid
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CY2024Q1 ati Progress Payments Made On Behalf Of Company Scheduled To Be Paid
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CY2024Q1 ati Lessee Finance Lease Lease Not Yet Commenced Liability To Be Recognized
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CY2024Q1 ati Lessee Finance Lease Lease Not Yet Commenced Right Of Use Asset To Be Recognized
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CY2023 ati Percentage Of Raw Material Usage Hedged
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CY2023 ati Derivative Asset Statement Of Financial Position Extensible Enumeration Not Disclosed Flag
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CY2023 ati Derivative Liability Statement Of Financial Position Extensible Enumeration Not Disclosed Flag
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CY2023Q4 ati Transfer Of Defined Benefit Pension Plan Percentage
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CY2023Q4 ati Number Of Us Retirees And Beneficiaries
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CY2023 us-gaap Defined Contribution Plan Cost Recognized
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CY2022 us-gaap Defined Contribution Plan Cost Recognized
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CY2023Q4 ati Number Of Us Retirees And Beneficiaries Transferred
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CY2023Q4 ati Number Of Us Retirees And Beneficiaries Transferred
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CY2023 ati Projected Retirement Benefit Expense In Next Year
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CY2023Q4 us-gaap Defined Benefit Plan Expected Amortization Next Fiscal Year
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CY2022 us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
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CY2022 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
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CY2022Q1 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
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CY2023 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
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CY2023 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
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CY2023Q1 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
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CY2023 us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
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CY2023Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
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CY2021Q1 ati Accumulated Other Comprehensive Income Loss Netof Tax Attributableto Noncontrolling Interest
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CY2022 ati Other Comprehensive Income Lossbefore Reclassifications Netof Tax Attributableto Noncontrolling Interest
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CY2022 ati Reclassificationfrom Accumulated Other Comprehensive Income Current Period Netof Tax Attributableto Noncontrolling Interest
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CY2022 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interest
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CY2022Q1 ati Accumulated Other Comprehensive Income Loss Netof Tax Attributableto Noncontrolling Interest
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CY2023 ati Other Comprehensive Income Lossbefore Reclassifications Netof Tax Attributableto Noncontrolling Interest
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CY2023 ati Reclassificationfrom Accumulated Other Comprehensive Income Current Period Netof Tax Attributableto Noncontrolling Interest
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CY2023 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interest
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CY2023Q1 ati Accumulated Other Comprehensive Income Loss Netof Tax Attributableto Noncontrolling Interest
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CY2023 ati Other Comprehensive Income Lossbefore Reclassifications Netof Tax Attributableto Noncontrolling Interest
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CY2023 ati Reclassificationfrom Accumulated Other Comprehensive Income Current Period Netof Tax Attributableto Noncontrolling Interest
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CY2023 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interest
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CY2023Q4 ati Accumulated Other Comprehensive Income Loss Netof Tax Attributableto Noncontrolling Interest
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CY2022 us-gaap Other Comprehensive Income Finalization Of Pension And Non Pension Postretirement Plan Valuation Tax
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CY2023Q4 us-gaap Preferred Stock Shares Issued
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CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
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CY2023 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
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CY2023 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
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CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
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CY2023 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
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CY2023 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
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CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
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CY2023 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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CY2023 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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CY2023 us-gaap Current Federal Tax Expense Benefit
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CY2023 us-gaap Current Federal Tax Expense Benefit
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CY2022 us-gaap Current Federal Tax Expense Benefit
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CY2023 us-gaap Current State And Local Tax Expense Benefit
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CY2023 us-gaap Current State And Local Tax Expense Benefit
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CY2022 us-gaap Current State And Local Tax Expense Benefit
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CY2023 us-gaap Current Foreign Tax Expense Benefit
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CY2023 us-gaap Current Foreign Tax Expense Benefit
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CY2022 us-gaap Current Foreign Tax Expense Benefit
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CY2023 us-gaap Current Income Tax Expense Benefit
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CY2023 us-gaap Current Income Tax Expense Benefit
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CY2022 us-gaap Current Income Tax Expense Benefit
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CY2023 us-gaap Deferred Federal Income Tax Expense Benefit
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CY2023 us-gaap Deferred Federal Income Tax Expense Benefit
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CY2022 us-gaap Deferred Federal Income Tax Expense Benefit
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CY2023 us-gaap Deferred State And Local Income Tax Expense Benefit
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CY2023 us-gaap Deferred State And Local Income Tax Expense Benefit
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CY2022 us-gaap Deferred State And Local Income Tax Expense Benefit
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CY2023 us-gaap Deferred Foreign Income Tax Expense Benefit
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CY2023 us-gaap Deferred Foreign Income Tax Expense Benefit
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CY2022 us-gaap Deferred Foreign Income Tax Expense Benefit
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CY2023 us-gaap Deferred Income Tax Expense Benefit
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CY2023 us-gaap Deferred Income Tax Expense Benefit
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CY2022 us-gaap Deferred Income Tax Expense Benefit
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CY2023 us-gaap Income Tax Expense Benefit
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CY2023 us-gaap Income Tax Expense Benefit
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CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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Retirement benefit settlement gain (loss) (See Note 14)
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Retirement benefit settlement gain (loss) (See Note 14)
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Pension remeasurement gain (loss) (See Note 14)
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Pension remeasurement gain (loss) (See Note 14)
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Pension remeasurement gain (loss) (See Note 14)
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CY2023 ati Transaction Costs From Sales Of Businesses Net Of Proceeds
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CY2023Q4 us-gaap Assets
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CY2023 ati Restructuringandothercharges
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CY2023 ati Restructuring Settlement And Impairment Provisions Excluding Goodwill Impairment Loss
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CY2023 ati Restructuring Settlement And Impairment Provisions Excluding Goodwill Impairment Loss
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CY2023 us-gaap Restructuring And Related Cost Expected Number Of Positions Eliminated
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CY2023 ati Restructuringandothercharges
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CY2022 ati Restructuringandothercharges
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CY2022 ati Restructuring Settlement And Impairment Provisions Excluding Goodwill Impairment Loss
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CY2022 us-gaap Inventory Write Down
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CY2023 us-gaap Net Income Loss Available To Common Stockholders Diluted
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