2013 Q2 Form 10-Q Financial Statement

#000081159613000029 Filed on April 24, 2013

View on sec.gov

Income Statement

Concept 2013 Q2 2013 Q1 2012 Q1
Revenue $328.9M $337.4M $365.4M
YoY Change -4.72% -7.66% 13.27%
Cost Of Revenue $261.5M $263.6M $298.1M
YoY Change -8.05% -11.57% 4.52%
Gross Profit $63.20M $73.10M $70.40M
YoY Change 4.12% 3.84% 68.82%
Gross Profit Margin 19.22% 21.67% 19.27%
Selling, General & Admin $16.10M $16.10M $17.90M
YoY Change 11.81% -10.06% 14.74%
% of Gross Profit 25.47% 22.02% 25.43%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $7.000M $7.000M $6.300M
YoY Change 6.06% 11.11% 0.0%
% of Gross Profit 11.08% 9.58% 8.95%
Operating Expenses $23.10M $23.10M $24.20M
YoY Change 9.48% -4.55% 10.5%
Operating Profit $40.10M $50.00M $46.20M
YoY Change 1.26% 8.23% 133.33%
Interest Expense $9.000M $9.300M $4.100M
YoY Change 38.46% 126.83% -8.89%
% of Operating Profit 22.44% 18.6% 8.87%
Other Income/Expense, Net -$800.0K $1.000M $700.0K
YoY Change -172.73% 42.86% -58.82%
Pretax Income $30.30M $41.70M $42.80M
YoY Change -11.4% -2.57% 151.76%
Income Tax $11.70M $8.200M $16.30M
% Of Pretax Income 38.61% 19.66% 38.08%
Net Earnings $18.60M $33.50M $26.50M
YoY Change -11.43% 26.42% 145.37%
Net Earnings / Revenue 5.66% 9.93% 7.25%
Basic Earnings Per Share $0.99 $1.75 $1.39
Diluted Earnings Per Share $0.98 $1.73 $1.38
COMMON SHARES
Basic Shares Outstanding 18.74M shares 19.14M shares 19.06M shares
Diluted Shares Outstanding 18.95M shares 19.37M shares 19.16M shares

Balance Sheet

Concept 2013 Q2 2013 Q1 2012 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $329.0M $333.6M $77.30M
YoY Change 3.52% 331.57% 38.28%
Cash & Equivalents $281.7M $248.0M $77.30M
Short-Term Investments $250.9M $250.7M
Other Short-Term Assets $70.10M $71.00M $75.30M
YoY Change -6.16% -5.71% 2181.82%
Inventory $202.9M $199.3M $198.2M
Prepaid Expenses $4.000M $3.900M $5.900M
Receivables $122.7M $141.8M $130.1M
Other Receivables $11.60M $11.80M $1.300M
Total Short-Term Assets $736.3M $757.5M $482.2M
YoY Change 1.91% 57.09% 11.34%
LONG-TERM ASSETS
Property, Plant & Equipment $398.3M $386.4M $370.8M
YoY Change 6.78% 4.21% 3.55%
Goodwill $37.20M $37.20M $37.20M
YoY Change 0.0% 0.0% 0.0%
Intangibles
YoY Change
Long-Term Investments $6.000M $5.800M $5.100M
YoY Change 9.09% 13.73% 8.51%
Other Assets $78.50M $88.80M $63.00M
YoY Change 6.37% 40.95% -14.86%
Total Long-Term Assets $1.003B $1.007B $908.1M
YoY Change 6.87% 10.88% -3.16%
TOTAL ASSETS
Total Short-Term Assets $736.3M $757.5M $482.2M
Total Long-Term Assets $1.003B $1.007B $908.1M
Total Assets $1.740B $1.764B $1.390B
YoY Change 4.71% 26.91% 1.42%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $73.20M $73.20M $65.40M
YoY Change 10.08% 11.93% 2.67%
Accrued Expenses $58.60M $58.30M $44.50M
YoY Change 15.81% 31.01% -9.18%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $300.0K $200.0K $1.700M
YoY Change -88.24% -64.58%
Total Short-Term Liabilities $147.1M $157.2M $163.7M
YoY Change -9.42% -3.97% -0.43%
LONG-TERM LIABILITIES
Long-Term Debt $384.3M $382.3M $3.000M
YoY Change 2.04% 12643.33% -62.03%
Other Long-Term Liabilities $127.0M $135.2M $116.1M
YoY Change 6.99% 16.45% -10.76%
Total Long-Term Liabilities $511.3M $517.5M $119.1M
YoY Change 3.23% 334.51% -13.7%
TOTAL LIABILITIES
Total Short-Term Liabilities $147.1M $157.2M $163.7M
Total Long-Term Liabilities $511.3M $517.5M $119.1M
Total Liabilities $662.9M $679.6M $453.0M
YoY Change -2.2% 50.02% 1.71%
SHAREHOLDERS EQUITY
Retained Earnings $191.8M $179.0M $106.5M
YoY Change 56.44% 68.08% 22.84%
Common Stock $1.021B $1.019B $1.008B
YoY Change 0.55% 1.09% 1.93%
Preferred Stock
YoY Change
Treasury Stock (at cost) $112.8M $88.50M $72.30M
YoY Change 56.02% 22.41% 0.0%
Treasury Stock Shares 2.379M shares 1.984M shares 1.725M shares
Shareholders Equity $1.077B $1.085B $937.3M
YoY Change
Total Liabilities & Shareholders Equity $1.740B $1.764B $1.390B
YoY Change 4.71% 26.91% 1.42%

Cashflow Statement

Concept 2013 Q2 2013 Q1 2012 Q1
OPERATING ACTIVITIES
Net Income $18.60M $33.50M $26.50M
YoY Change -11.43% 26.42% 145.37%
Depreciation, Depletion And Amortization $7.000M $7.000M $6.300M
YoY Change 6.06% 11.11% 0.0%
Cash From Operating Activities $42.60M $6.300M $35.00M
YoY Change 7.3% -82.0% 121.52%
INVESTING ACTIVITIES
Capital Expenditures -$16.70M -$9.300M -$9.000M
YoY Change 111.39% 3.33% -89.93%
Acquisitions $0.00
YoY Change -100.0%
Other Investing Activities $38.60M -$400.0K $7.200M
YoY Change -12966.67% -105.56%
Cash From Investing Activities $21.90M -$9.700M -$1.800M
YoY Change -367.07% 438.89% -97.99%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $14.70M $0.00
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -30.80M -$22.00M -$5.700M
YoY Change -114.74% 285.96% -6.56%
NET CHANGE
Cash From Operating Activities 42.60M $6.300M $35.00M
Cash From Investing Activities 21.90M -$9.700M -$1.800M
Cash From Financing Activities -30.80M -$22.00M -$5.700M
Net Change In Cash 33.70M -$25.40M $27.50M
YoY Change -85.99% -192.36% -134.5%
FREE CASH FLOW
Cash From Operating Activities $42.60M $6.300M $35.00M
Capital Expenditures -$16.70M -$9.300M -$9.000M
Free Cash Flow $59.30M $15.60M $44.00M
YoY Change 24.58% -64.55% -58.17%

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CY2012Q1 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.381
CY2013Q1 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.197
CY2013Q1 us-gaap Employee Related Liabilities Current
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33100000 USD
CY2012Q4 us-gaap Employee Related Liabilities Current
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39300000 USD
CY2013Q1 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
800000 USD
CY2012Q1 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
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1300000 USD
CY2013Q1 us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
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800000 USD
CY2012Q1 us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
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CY2013Q1 us-gaap Fair Value Assumptions Expected Dividend Payments
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CY2013Q1 us-gaap Fair Value Assumptions Risk Free Interest Rate
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CY2013Q1 us-gaap Fair Value Assumptions Weighted Average Volatility Rate
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CY2013Q1 us-gaap Finite Lived Intangible Assets Net
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35000000 USD
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35400000 USD
CY2012Q1 us-gaap Foreign Income Tax Expense Benefit Continuing Operations
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CY2013Q1 us-gaap Foreign Income Tax Expense Benefit Continuing Operations
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CY2012Q1 us-gaap Gain Loss On Investments
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CY2013Q1 us-gaap Gain Loss On Investments
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500000 USD
CY2012Q4 us-gaap Goodwill
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CY2013Q1 us-gaap Goodwill
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37200000 USD
CY2012Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
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42800000 USD
CY2013Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
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41700000 USD
CY2013Q1 us-gaap Income Loss From Equity Method Investments
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CY2012Q1 us-gaap Income Loss From Equity Method Investments
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CY2013Q1 us-gaap Income Tax Examination Liability Refund Adjustment From Settlement With Taxing Authority
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CY2012Q1 us-gaap Income Tax Expense Benefit
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16300000 USD
CY2013Q1 us-gaap Income Tax Expense Benefit
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CY2013Q1 us-gaap Income Tax Expense Benefit Continuing Operations
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CY2012Q1 us-gaap Income Tax Expense Benefit Continuing Operations
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CY2013Q1 us-gaap Inventory Finished Goods
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24500000 USD
CY2013Q1 us-gaap Inventory Lifo Reserve
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20800000 USD
CY2013Q1 us-gaap Income Taxes Paid
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CY2012Q1 us-gaap Income Taxes Paid
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200000 USD
CY2012Q4 us-gaap Income Taxes Receivable Noncurrent
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2900000 USD
CY2013Q1 us-gaap Income Taxes Receivable Noncurrent
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CY2013Q1 us-gaap Increase Decrease In Accounts And Other Receivables
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CY2012Q1 us-gaap Increase Decrease In Accounts And Other Receivables
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31300000 USD
CY2012Q1 us-gaap Increase Decrease In Accounts Payable Trade
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3300000 USD
CY2013Q1 us-gaap Increase Decrease In Accounts Payable Trade
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9900000 USD
CY2013Q1 us-gaap Increase Decrease In Due To Affiliates Current
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4400000 USD
CY2012Q1 us-gaap Increase Decrease In Due To Affiliates Current
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8000000 USD
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CY2013Q1 us-gaap Increase Decrease In Inventories
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CY2012Q1 us-gaap Increase Decrease In Other Accrued Liabilities
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4300000 USD
CY2012Q1 us-gaap Increase Decrease In Other Noncurrent Assets And Liabilities Net
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1500000 USD
CY2013Q1 us-gaap Increase Decrease In Other Noncurrent Assets And Liabilities Net
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1400000 USD
CY2012Q1 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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1900000 USD
CY2013Q1 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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2300000 USD
CY2012Q1 us-gaap Increase Decrease In Restricted Cash
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CY2013Q1 us-gaap Increase Decrease In Restricted Cash
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0 USD
CY2013Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
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0 shares
CY2012 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
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CY2012Q1 us-gaap Interest Costs Incurred Capitalized
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CY2012Q1 us-gaap Interest Expense
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CY2013Q1 us-gaap Interest Expense
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CY2013Q1 us-gaap Interest Paid
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CY2012Q4 us-gaap Interest Payable Current
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CY2012Q1 us-gaap Inventory Lifo Reserve Period Charge
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CY2012Q4 us-gaap Inventory Net
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CY2013Q1 us-gaap Inventory Net
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52800000 USD
CY2012Q4 us-gaap Inventory Raw Materials
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CY2013Q1 us-gaap Inventory Work In Process
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CY2012Q4 us-gaap Inventory Work In Process
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CY2012Q1 us-gaap Investment Income Interest
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CY2013Q1 us-gaap Land
Land
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CY2012Q1 us-gaap Multiemployer Plan Period Contributions
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CY2013Q1 us-gaap Nature Of Operations
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<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:8px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"></font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Organization and Nature of Operations.</font><font style="font-family:inherit;font-size:10pt;"> Kaiser Aluminum Corporation (together with its subsidiaries, unless the context otherwise requires, the &#8220;Company&#8221;) specializes in the production of semi-fabricated specialty aluminum products, such as aluminum sheet and plate and extruded and drawn products, primarily used in aerospace/high strength, general engineering, automotive, and other industrial end market applications. The Company has one operating segment, Fabricated Products. See </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">Note 11</font><font style="font-family:inherit;font-size:10pt;"> for additional information regarding the Company&#8217;s reportable segment and its other business units.</font></div></div>
CY2012Q1 us-gaap Net Cash Provided By Used In Financing Activities
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CY2013Q1 us-gaap Net Cash Provided By Used In Financing Activities
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CY2013Q1 us-gaap Net Cash Provided By Used In Investing Activities
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CY2013Q1 us-gaap Net Income Loss
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CY2013Q1 us-gaap Operating Income Loss
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CY2013Q1 us-gaap Other Assets
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CY2012Q4 us-gaap Other Assets Noncurrent
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CY2013Q1 us-gaap Other Comprehensive Income Loss Amortization Pension And Other Postretirement Benefit Plans Net Prior Service Cost Recognized In Net Periodic Benefit Cost Before Tax
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CY2013Q1 us-gaap Other Comprehensive Income Loss Amortization Pension And Other Postretirement Benefit Plans Net Prior Service Cost Recognized In Net Periodic Pension Cost Net Of Tax
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CY2013Q1 us-gaap Other Comprehensive Income Loss Before Tax Portion Attributable To Parent
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CY2012Q1 us-gaap Other Comprehensive Income Loss Before Tax Portion Attributable To Parent
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CY2013Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
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CY2012Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
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CY2013Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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CY2012Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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CY2013Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
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CY2013Q1 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
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CY2012Q1 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
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CY2013Q1 us-gaap Other Comprehensive Income Loss Reclassification Adjustment For Sale Of Securities Included In Net Income Before Tax
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CY2013Q1 us-gaap Other Comprehensive Income Loss Reclassification Adjustment For Sale Of Securities Included In Net Income Tax
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300000 USD
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CY2013Q1 us-gaap Other Significant Noncash Transaction Value Of Consideration Given1
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CY2013Q1 us-gaap Preferred Stock Shares Outstanding
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CY2013Q1 us-gaap Preferred Stock Value
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CY2013Q1 us-gaap Proceeds From Sale And Maturity Of Available For Sale Securities
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CY2013Q1 us-gaap Property Plant And Equipment Gross
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CY2013Q1 us-gaap Retained Earnings Accumulated Deficit
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CY2012 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
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ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
80.01
CY2012Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
80.01
CY2013Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber
20791 shares
CY2012Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber
20791 shares
CY2013Q1 us-gaap Share Price
SharePrice
64.65
CY2013Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P4Y
CY2012 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P4Y3M
CY2013Q1 us-gaap Shares Paid For Tax Withholding For Share Based Compensation
SharesPaidForTaxWithholdingForShareBasedCompensation
35838 shares
CY2012Q1 us-gaap Shares Paid For Tax Withholding For Share Based Compensation
SharesPaidForTaxWithholdingForShareBasedCompensation
45128 shares
CY2013Q1 us-gaap Significant Change In Unrecognized Tax Benefits Is Reasonably Possible Amount Of Unrecorded Benefit
SignificantChangeInUnrecognizedTaxBenefitsIsReasonablyPossibleAmountOfUnrecordedBenefit
3500000 USD
CY2013Q1 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
0 shares
CY2013Q2 us-gaap Stock Repurchase Program Authorized Amount
StockRepurchaseProgramAuthorizedAmount
75000000 USD
CY2013Q1 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount
30700000 USD
CY2012 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount
46900000 USD
CY2013Q2 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount
92800000 USD
CY2013Q1 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
2200000 USD
CY2012Q4 us-gaap Stockholders Equity
StockholdersEquity
1070800000 USD
CY2013Q1 us-gaap Stockholders Equity
StockholdersEquity
1084800000 USD
CY2012Q4 us-gaap Taxes Payable Current
TaxesPayableCurrent
3100000 USD
CY2013Q1 us-gaap Taxes Payable Current
TaxesPayableCurrent
5400000 USD
CY2013Q1 us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
62.62
CY2013Q2 us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
60.94
CY2012Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
1724606 shares
CY2013Q1 us-gaap Treasury Stock Shares
TreasuryStockShares
1984202 shares
CY2013Q1 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
259596 shares
CY2013Q2 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
210835 shares
CY2012Q4 us-gaap Treasury Stock Value
TreasuryStockValue
72300000 USD
CY2013Q1 us-gaap Treasury Stock Value
TreasuryStockValue
88500000 USD
CY2013Q1 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
16200000 USD
CY2013Q1 us-gaap Unbilled Contracts Receivable
UnbilledContractsReceivable
2500000 USD
CY2012Q4 us-gaap Unbilled Contracts Receivable
UnbilledContractsReceivable
200000 USD
CY2013Q1 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
-300000 USD
CY2012Q1 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
3600000 USD
CY2012Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
15700000 USD
CY2013Q1 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
8800000 USD
CY2013Q1 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
7700000 USD
CY2012Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
14600000 USD
CY2013Q1 us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:8px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"></font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Use of Estimates in the Preparation of Financial Statements.</font><font style="font-family:inherit;font-size:10pt;"> The preparation of financial statements in accordance with GAAP requires the use of estimates and assumptions that affect the reported amounts of assets and liabilities, disclosure of contingent assets and liabilities known to exist as of the date the financial statements are published, and the reported amounts of revenues and expenses during the reporting period. Uncertainties with respect to such estimates and assumptions are inherent in the preparation of the Company&#8217;s consolidated financial statements; accordingly, it is possible that the actual results could differ from these estimates and assumptions, which could have a material effect on the reported amounts of the Company&#8217;s consolidated financial position and results of operations.</font></div></div>
CY2013Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
19366000 shares
CY2012Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
19161000 shares
CY2013Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
19143000 shares
CY2012Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
19059000 shares
CY2012Q4 kalu Accrued Annual Veba Contribution
AccruedAnnualVebaContribution
20000000 USD
CY2013Q1 kalu Accrued Annual Veba Contribution
AccruedAnnualVebaContribution
0 USD
CY2012Q4 kalu Active Property Plant And Equipment Net
ActivePropertyPlantAndEquipmentNet
383300000 USD
CY2013Q1 kalu Idled Equipment
IdledEquipment
1000000 USD
CY2012Q4 kalu Idled Equipment
IdledEquipment
1000000 USD
CY2013Q1 kalu Active Property Plant And Equipment Net
ActivePropertyPlantAndEquipmentNet
385400000 USD
CY2013Q1 kalu Call Option Fair Value Assumptions Credit Spread
CallOptionFairValueAssumptionsCreditSpread
220 basispoints
CY2013Q1 kalu Constant Maturity Treasury Rate Specified Year One
ConstantMaturityTreasuryRateSpecifiedYearOne
P2Y
CY2012Q1 kalu Defined Benefit Plan Net Periodic Benefit Cost And Charges Relating To Other Benefit Plans
DefinedBenefitPlanNetPeriodicBenefitCostAndChargesRelatingToOtherBenefitPlans
1600000 USD
CY2013Q1 kalu Defined Benefit Plan Net Periodic Benefit Cost And Charges Relating To Other Benefit Plans
DefinedBenefitPlanNetPeriodicBenefitCostAndChargesRelatingToOtherBenefitPlans
-400000 USD
CY2012Q1 kalu Amortization Of Option Premiums
AmortizationOfOptionPremiums
100000 USD
CY2013Q1 kalu Amortization Of Option Premiums
AmortizationOfOptionPremiums
0 USD
CY2012Q1 kalu Domestic Tax
DomesticTax
15600000 USD
CY2013Q1 kalu Domestic Tax
DomesticTax
15400000 USD
CY2012Q1 kalu Effective Income Tax Rate Reconciliation Change In Unrecognized Tax Benefits Including Interest And Penalty
EffectiveIncomeTaxRateReconciliationChangeInUnrecognizedTaxBenefitsIncludingInterestAndPenalty
0.003
CY2013Q1 kalu Effective Income Tax Rate Reconciliation Change In Unrecognized Tax Benefits Including Interest And Penalty
EffectiveIncomeTaxRateReconciliationChangeInUnrecognizedTaxBenefitsIncludingInterestAndPenalty
-0.179
CY2013Q1 kalu Eva Measurement Period
EvaMeasurementPeriod
P1Y
CY2013Q1 kalu Expected Period Related To Excess Environmental Costs Over Current Accruals
ExpectedPeriodRelatedToExcessEnvironmentalCostsOverCurrentAccruals
P30Y
CY2013Q1 kalu Expected Period Related To Remediation Expenditures For Environmental Contingencies
ExpectedPeriodRelatedToRemediationExpendituresForEnvironmentalContingencies
P30Y
CY2013Q1 kalu Expected Period Which Unrecognized Tax Benefits Will Be Reduced
ExpectedPeriodWhichUnrecognizedTaxBenefitsWillBeReduced
P12M
CY2013Q1 kalu Fabricated Products Shipments Containing Fixed Price Terms
FabricatedProductsShipmentsContainingFixedPriceTerms
29.8 mmlbs
CY2012Q1 kalu Fabricated Products Shipments Containing Fixed Price Terms
FabricatedProductsShipmentsContainingFixedPriceTerms
46.1 mmlbs
CY2012Q1 kalu Increase Decrease In Unrecognized Tax Benefits Including Interest And Penalties
IncreaseDecreaseInUnrecognizedTaxBenefitsIncludingInterestAndPenalties
-100000 USD
CY2013Q1 kalu Increase Decrease In Unrecognized Tax Benefits Including Interest And Penalties
IncreaseDecreaseInUnrecognizedTaxBenefitsIncludingInterestAndPenalties
7500000 USD
CY2012Q1 kalu Intercompany Loan
IntercompanyLoan
0 USD
CY2013Q1 kalu Intercompany Loan
IntercompanyLoan
0 USD
CY2013Q1 kalu Intercompany Payable Current
IntercompanyPayableCurrent
0 USD
CY2012Q4 kalu Intercompany Payable Current
IntercompanyPayableCurrent
0 USD
CY2013Q1 kalu Intercompany Payable Noncurrent
IntercompanyPayableNoncurrent
0 USD
CY2012Q4 kalu Intercompany Payable Noncurrent
IntercompanyPayableNoncurrent
0 USD
CY2013Q1 kalu Intercompany Receivables Current
IntercompanyReceivablesCurrent
0 USD
CY2012Q4 kalu Intercompany Receivables Current
IntercompanyReceivablesCurrent
0 USD
CY2013Q1 kalu Intercompany Receivables Noncurrent
IntercompanyReceivablesNoncurrent
0 USD
CY2012Q4 kalu Intercompany Receivables Noncurrent
IntercompanyReceivablesNoncurrent
0 USD
CY2012Q4 kalu Net Asset In Respect Of Vebas
NetAssetInRespectOfVebas
365900000 USD
CY2013Q1 kalu Net Asset In Respect Of Vebas
NetAssetInRespectOfVebas
372500000 USD
CY2012Q4 kalu Net Liability In Respect Of Veba
NetLiabilityInRespectOfVeba
5300000 USD
CY2013Q1 kalu Net Liability In Respect Of Veba
NetLiabilityInRespectOfVeba
4900000 USD
CY2013Q1 kalu Option Premiums Paid Current
OptionPremiumsPaidCurrent
100000 USD
CY2012Q4 kalu Option Premiums Paid Current
OptionPremiumsPaidCurrent
100000 USD
CY2013Q1 kalu Option Premiums Received
OptionPremiumsReceived
100000 USD
CY2012Q4 kalu Option Premiums Received
OptionPremiumsReceived
100000 USD
CY2013Q1 kalu Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Reclassification Adjustment Before Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansReclassificationAdjustmentBeforeTax
1400000 USD
CY2012Q1 kalu Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Reclassification Adjustment Before Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansReclassificationAdjustmentBeforeTax
1800000 USD
CY2013Q1 kalu Other Comprehensive Income Loss Reclassification Adjustment Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentTax
400000 USD
CY2012Q1 kalu Other Comprehensive Income Loss Reclassification Adjustment Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentTax
700000 USD
CY2013Q1 kalu Ownership Interest In Subsidiaries
OwnershipInterestInSubsidiaries
1.00
CY2013Q1 kalu Potential Additional Environmental Costs
PotentialAdditionalEnvironmentalCosts
19100000 USD
CY2013Q1 kalu Reclassification Relating To Dividends On Unvested Equity Awards
ReclassificationRelatingToDividendsOnUnvestedEquityAwards
200000 USD
CY2013Q1 kalu Selling Administrative Research And Development And General Expenses
SellingAdministrativeResearchAndDevelopmentAndGeneralExpenses
16100000 USD
CY2012Q1 kalu Selling Administrative Research And Development And General Expenses
SellingAdministrativeResearchAndDevelopmentAndGeneralExpenses
17900000 USD
CY2013Q1 kalu Unrealized Gains Losses On Operational Hedging Activities
UnrealizedGainsLossesOnOperationalHedgingActivities
-700000 USD
CY2012Q1 kalu Unrealized Gains Losses On Operational Hedging Activities
UnrealizedGainsLossesOnOperationalHedgingActivities
3100000 USD
CY2012Q4 kalu Unrecognized Tax Benefits And Income Tax Penalties And Interest Accrued Noncurrent
UnrecognizedTaxBenefitsAndIncomeTaxPenaltiesAndInterestAccruedNoncurrent
15100000 USD
CY2013Q1 kalu Unrecognized Tax Benefits And Income Tax Penalties And Interest Accrued Noncurrent
UnrecognizedTaxBenefitsAndIncomeTaxPenaltiesAndInterestAccruedNoncurrent
11900000 USD
CY2013Q1 dei Amendment Flag
AmendmentFlag
false
CY2013Q1 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2013Q1 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q1
CY2013Q1 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2013
CY2013Q1 dei Document Period End Date
DocumentPeriodEndDate
2013-03-31
CY2013Q1 dei Document Type
DocumentType
10-Q
CY2013Q1 dei Entity Central Index Key
EntityCentralIndexKey
0000811596
CY2013Q1 kalu Short Term Incentive Compensation Expense
ShortTermIncentiveCompensationExpense
4100000 USD
CY2012Q1 kalu Short Term Incentive Compensation Expense
ShortTermIncentiveCompensationExpense
3900000 USD
CY2013Q1 kalu Time Period Within Which Companys Recorded Estimate Of Its Obligation May Change
TimePeriodWithinWhichCompanysRecordedEstimateOfItsObligationMayChange
P12M
CY2013Q1 kalu Unrealized Gain Loss On Financial Derivatives
UnrealizedGainLossOnFinancialDerivatives
400000 USD
CY2012Q1 kalu Unrealized Gain Loss On Financial Derivatives
UnrealizedGainLossOnFinancialDerivatives
500000 USD
CY2013Q2 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
18902523 shares
CY2013Q1 dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
CY2012Q2 dei Entity Public Float
EntityPublicFloat
974300000 USD
CY2013Q1 dei Entity Registrant Name
EntityRegistrantName
Kaiser Aluminum Corp

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