$MTUS
Metallus Inc. Stock $mtus

$mtus Overview Financials Valuation SEC Filings Company Website

2021 Q2 Form 10-Q Financial Statement

#000156459021041681 Filed on August 05, 2021

Income Statement

Concept	2021 Q2	2020 Q2	2020 Q1
Revenue	$327.3M	$154.0M	$259.7M
YoY Change	112.53%	-54.26%	-30.0%
Cost Of Revenue	$260.1M	$158.0M	$251.9M
YoY Change	64.62%	-50.92%	-26.47%
Gross Profit	$67.20M	-$4.000M	$7.800M
YoY Change	-1780.0%	-127.03%	-72.54%
Gross Profit Margin	20.53%	-2.6%	3.0%
Selling, General & Admin	$21.00M	$16.80M	$23.40M
YoY Change	25.0%	-16.83%	0.43%
% of Gross Profit	31.25%		300.0%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$15.40M	$16.80M	$18.60M
YoY Change	-8.33%	1.82%	4.49%
% of Gross Profit	22.92%		238.46%
Operating Expenses	$21.00M	$16.80M	$23.40M
YoY Change	25.0%	-16.83%	0.43%
Operating Profit	$46.20M	-$20.80M	-$15.60M
YoY Change	-322.12%	285.19%	-368.97%
Interest Expense	$1.700M	$3.000M	$3.200M
YoY Change	-43.33%	-28.57%	-23.81%
% of Operating Profit	3.68%
Other Income/Expense, Net	$12.30M	$8.100M	-$2.700M
YoY Change	51.85%	3950.0%	-200.0%
Pretax Income	$55.40M	-$15.10M	-$19.80M
YoY Change	-466.89%	2.03%	-650.0%
Income Tax	$1.400M	$200.0K	$100.0K
% Of Pretax Income	2.53%
Net Earnings	$54.00M	-$15.30M	-$19.90M
YoY Change	-452.94%	28.57%	-668.57%
Net Earnings / Revenue	16.5%	-9.94%	-7.66%
Basic Earnings Per Share	$1.18	-$0.34	-$0.44
Diluted Earnings Per Share	$0.98	-$0.34	-$0.44
COMMON SHARES
Basic Shares Outstanding	45.90M	45.00M	44.90M
Diluted Shares Outstanding	56.10M	45.00M	44.90M

Balance Sheet

Concept	2021 Q2	2020 Q2	2020 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments	$115.2M	$75.50M	$65.60M
YoY Change	52.58%	261.24%	741.03%
Cash & Equivalents	$115.2M	$75.50M	$65.60M
Short-Term Investments
Other Short-Term Assets	$9.600M	$5.600M	$5.300M
YoY Change	71.43%	-26.32%	-28.38%
Inventory	$210.2M	$206.4M	$240.5M
Prepaid Expenses
Receivables	$121.3M	$63.60M	$94.90M
Other Receivables	$0.00	$0.00	$0.00
Total Short-Term Assets	$456.3M	$355.1M	$412.1M
YoY Change	28.5%	-26.37%	-16.61%
LONG-TERM ASSETS
Property, Plant & Equipment	$556.5M	$595.4M	$608.7M
YoY Change	-6.53%	-8.36%	-7.93%
Goodwill
YoY Change
Intangibles		$11.20M	$12.40M
YoY Change		-35.63%	-29.94%
Long-Term Investments
YoY Change
Other Assets	$42.40M	$3.100M	$3.300M
YoY Change	1267.74%	14.81%	6.45%
Total Long-Term Assets	$606.8M	$648.6M	$657.9M
YoY Change	-6.44%	-6.98%	-7.4%
TOTAL ASSETS
Total Short-Term Assets	$456.3M	$355.1M	$412.1M
Total Long-Term Assets	$606.8M	$648.6M	$657.9M
Total Assets	$1.063B	$1.004B	$1.070B
YoY Change	5.92%	-14.91%	-11.18%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$129.1M	$48.10M	$96.00M
YoY Change	168.4%	-56.39%	-26.1%
Accrued Expenses	$49.10M	$29.40M	$30.90M
YoY Change	67.01%	21.49%	-12.96%
Deferred Revenue
YoY Change
Short-Term Debt	$44.70M	$81.00M	$0.00
YoY Change	-44.81%
Long-Term Debt Due	$44.70M
YoY Change
Total Short-Term Liabilities	$235.7M	$169.9M	$143.4M
YoY Change	38.73%	9.61%	-22.78%
LONG-TERM LIABILITIES
Long-Term Debt	$0.00	$60.00M	$139.8M
YoY Change	-100.0%	-72.89%	-35.04%
Other Long-Term Liabilities	$256.5M	$11.40M	$11.80M
YoY Change	2150.0%	7.55%	11.32%
Total Long-Term Liabilities	$256.5M	$11.40M	$11.80M
YoY Change	2150.0%	7.55%	11.32%
TOTAL LIABILITIES
Total Short-Term Liabilities	$235.7M	$169.9M	$143.4M
Total Long-Term Liabilities	$256.5M	$11.40M	$11.80M
Total Liabilities	$493.1M	$476.7M	$527.9M
YoY Change	3.44%	-16.7%	-20.43%
SHAREHOLDERS EQUITY
Retained Earnings		-$336.7M	-$321.4M
YoY Change		24.98%	21.28%
Common Stock		$840.7M	$841.1M
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)		$17.50M	$19.40M
YoY Change		-30.28%	-26.79%
Treasury Stock Shares	$0.00	$700.0K	$800.0K
Shareholders Equity	$570.0M	$527.0M	$542.1M
YoY Change
Total Liabilities & Shareholders Equity	$1.063B	$1.004B	$1.070B
YoY Change	5.92%	-14.91%	-11.18%

Cashflow Statement

Concept	2021 Q2	2020 Q2	2020 Q1
OPERATING ACTIVITIES
Net Income	$54.00M	-$15.30M	-$19.90M
YoY Change	-452.94%	28.57%	-668.57%
Depreciation, Depletion And Amortization	$15.40M	$16.80M	$18.60M
YoY Change	-8.33%	1.82%	4.49%
Cash From Operating Activities	$39.20M	$16.10M	$63.80M
YoY Change	143.48%	0.63%	-289.88%
INVESTING ACTIVITIES
Capital Expenditures	-$1.500M	-$6.700M	-$2.900M
YoY Change	-77.61%	-15.19%	-34.09%
Acquisitions
YoY Change
Other Investing Activities	$0.00	$600.0K	$7.800M
YoY Change	-100.0%
Cash From Investing Activities	-$1.500M	-$6.100M	$4.900M
YoY Change	-75.41%	-22.78%	-211.36%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-38.20M	-100.0K	-30.20M
YoY Change	38100.0%	-102.0%	-224.79%
NET CHANGE
Cash From Operating Activities	39.20M	16.10M	63.80M
Cash From Investing Activities	-1.500M	-6.100M	4.900M
Cash From Financing Activities	-38.20M	-100.0K	-30.20M
Net Change In Cash	-500.0K	9.900M	38.50M
YoY Change	-105.05%	-24.43%	-378.99%
FREE CASH FLOW
Cash From Operating Activities	$39.20M	$16.10M	$63.80M
Capital Expenditures	-$1.500M	-$6.700M	-$2.900M
Free Cash Flow	$40.70M	$22.80M	$66.70M
YoY Change	78.51%	-4.6%	-328.42%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value
	us-gaap	Gain Loss On Disposition Of Assets1 GainLossOnDispositionOfAssets1	-400000
	us-gaap	Gain Loss On Disposition Of Assets1 GainLossOnDispositionOfAssets1	3200000
	us-gaap	Interest Expense InterestExpense	6200000
	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	5400000
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-34900000
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	300000
CY2021Q2	us-gaap	Gain Loss On Disposition Of Assets1 GainLossOnDispositionOfAssets1	-400000
CY2020Q2	us-gaap	Gain Loss On Disposition Of Assets1 GainLossOnDispositionOfAssets1	900000
	us-gaap	Asset Impairment Charges AssetImpairmentCharges	8200000
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.78
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.78
	us-gaap	Net Income Loss NetIncomeLoss	-35200000
	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	-1700000
	us-gaap	Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax	2500000
	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	-4200000
	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-39400000
CY2020Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	102800000
CY2021Q2	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	1900000
CY2020Q4	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	63300000
CY2020Q4	us-gaap	Inventory Net InventoryNet	178400000
CY2020Q4	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	4000000.0
CY2020Q4	us-gaap	Convertible Notes Payable Current ConvertibleNotesPayableCurrent	38900000
CY2020Q4	us-gaap	Other Accrued Liabilities Current OtherAccruedLiabilitiesCurrent	13400000
CY2020Q4	us-gaap	Liabilities Current LiabilitiesCurrent	181000000.0
CY2020Q4	us-gaap	Convertible Long Term Notes Payable ConvertibleLongTermNotesPayable	39300000
CY2020Q2	us-gaap	Net Income Loss NetIncomeLoss	-15300000
CY2020Q2	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	-1300000
CY2020Q2	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	1600000
CY2020Q2	us-gaap	Treasury Stock Value Acquired Cost Method TreasuryStockValueAcquiredCostMethod	100000
CY2020Q2	us-gaap	Stockholders Equity StockholdersEquity	527000000.0
	us-gaap	Net Income Loss NetIncomeLoss	-35200000
CY2021Q1	us-gaap	Net Income Loss NetIncomeLoss	9800000
CY2021Q2	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	10000000.0
CY2021Q2	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0
CY2021Q2	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	200000000.0
CY2021Q2	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	46100000
CY2021Q2	us-gaap	Treasury Stock Shares TreasuryStockShares	0
CY2021Q2	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	37900000
CY2021Q2	us-gaap	Stockholders Equity StockholdersEquity	570000000.0
CY2021Q2	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	1063100000
CY2021Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	-1400000
CY2021Q1	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	1800000
CY2021Q1	us-gaap	Stock Issued During Period Value Stock Options Exercised StockIssuedDuringPeriodValueStockOptionsExercised	2500000
CY2021Q1	us-gaap	Treasury Stock Value Acquired Cost Method TreasuryStockValueAcquiredCostMethod	500000
CY2021Q1	us-gaap	Stockholders Equity StockholdersEquity	513300000
CY2021Q2	us-gaap	Net Income Loss NetIncomeLoss	54000000.0
CY2021Q2	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	-1100000
CY2021Q2	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	1800000
CY2021Q2	us-gaap	Stock Issued During Period Value Stock Options Exercised StockIssuedDuringPeriodValueStockOptionsExercised	700000
CY2021Q2	us-gaap	Adjustments To Additional Paid In Capital Equity Component Of Convertible Debt AdjustmentsToAdditionalPaidInCapitalEquityComponentOfConvertibleDebt	1300000
CY2019Q4	us-gaap	Stockholders Equity StockholdersEquity	563100000
CY2020Q1	us-gaap	Net Income Loss NetIncomeLoss	-19900000
CY2020Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	-2900000
CY2020Q1	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	2000000.0
CY2020Q1	us-gaap	Treasury Stock Value Acquired Cost Method TreasuryStockValueAcquiredCostMethod	200000
CY2020Q1	us-gaap	Stockholders Equity StockholdersEquity	542100000
	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	-17200000
	us-gaap	Net Income Loss NetIncomeLoss	63800000
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	33000000.0
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	35400000
	us-gaap	Amortization Of Financing Costs And Discounts AmortizationOfFinancingCostsAndDiscounts	500000
	us-gaap	Amortization Of Financing Costs And Discounts AmortizationOfFinancingCostsAndDiscounts	2700000
	us-gaap	Gain Loss On Disposition Of Assets1 GainLossOnDispositionOfAssets1	-400000
	us-gaap	Gain Loss On Disposition Of Assets1 GainLossOnDispositionOfAssets1	3200000
	us-gaap	Asset Impairment Charges AssetImpairmentCharges	8200000
	us-gaap	Increase Decrease In Deferred Income Taxes IncreaseDecreaseInDeferredIncomeTaxes	100000
	us-gaap	Increase Decrease In Deferred Income Taxes IncreaseDecreaseInDeferredIncomeTaxes	-300000
	us-gaap	Share Based Compensation ShareBasedCompensation	3600000
	us-gaap	Share Based Compensation ShareBasedCompensation	3600000
	tmst	Pension And Other Postretirement Benefits Expense Reversal Of Expense Noncash Excluding Mark To Market Adjustments PensionAndOtherPostretirementBenefitsExpenseReversalOfExpenseNoncashExcludingMarkToMarketAdjustments	-9900000
	tmst	Pension And Other Postretirement Benefits Expense Reversal Of Expense Noncash Excluding Mark To Market Adjustments PensionAndOtherPostretirementBenefitsExpenseReversalOfExpenseNoncashExcludingMarkToMarketAdjustments	4900000
	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	58000000.0
	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	-13900000
	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	35700000
	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	-75500000
	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	40000000.0
	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	5300000
	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	-2000000.0
	us-gaap	Pension And Other Postretirement Benefit Contributions PensionAndOtherPostretirementBenefitContributions	2000000.0
	us-gaap	Pension And Other Postretirement Benefit Contributions PensionAndOtherPostretirementBenefitContributions	3200000
	us-gaap	Increase Decrease In Prepaid Expense IncreaseDecreaseInPrepaidExpense	-1900000
	us-gaap	Increase Decrease In Prepaid Expense IncreaseDecreaseInPrepaidExpense	-1400000
	us-gaap	Increase Decrease In Other Operating Capital Net IncreaseDecreaseInOtherOperatingCapitalNet	-1400000
	us-gaap	Increase Decrease In Other Operating Capital Net IncreaseDecreaseInOtherOperatingCapitalNet	-3000000.0
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	52400000
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	79900000
	us-gaap	Payments For Capital Improvements PaymentsForCapitalImprovements	3800000
	us-gaap	Payments For Capital Improvements PaymentsForCapitalImprovements	9600000
	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	8400000
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-3800000
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-1200000
	us-gaap	Proceeds From Stock Options Exercised ProceedsFromStockOptionsExercised	3200000
	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	500000
	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	300000
	us-gaap	Repayments Of Long Term Lines Of Credit RepaymentsOfLongTermLinesOfCredit	30000000.0
	us-gaap	Repayments Of Convertible Debt RepaymentsOfConvertibleDebt	38900000
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-36200000
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-30300000
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	12400000
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	48400000
CY2021Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	115200000
CY2020Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	75500000
CY2021Q2	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	327300000
CY2020Q2	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	154000000.0
	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	600900000
	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	413600000
CY2021Q2	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	327300000
CY2020Q2	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	154000000.0
	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	600900000
	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	413600000
CY2021Q2	us-gaap	Restructuring Charges RestructuringCharges	1000000.0
	us-gaap	Restructuring Charges RestructuringCharges	1600000
CY2021Q1	us-gaap	Business Exit Costs1 BusinessExitCosts1	300000
CY2021Q1	us-gaap	Severance Costs1 SeveranceCosts1	200000
CY2021Q2	us-gaap	Severance Costs1 SeveranceCosts1	1000000.0
	us-gaap	Restructuring And Related Cost Number Of Positions Eliminated RestructuringAndRelatedCostNumberOfPositionsEliminated	15
CY2020Q4	us-gaap	Restructuring Reserve RestructuringReserve	1500000
	us-gaap	Restructuring Charges RestructuringCharges	1600000
	us-gaap	Payments For Restructuring PaymentsForRestructuring	2700000
CY2021Q2	us-gaap	Restructuring Reserve RestructuringReserve	400000
CY2019Q4	us-gaap	Restructuring Reserve RestructuringReserve	6000000.0
	us-gaap	Restructuring Charges RestructuringCharges	900000
	us-gaap	Payments For Restructuring PaymentsForRestructuring	5900000
CY2020Q2	us-gaap	Restructuring Reserve RestructuringReserve	1000000.0
CY2021Q2	tmst	Pension Costand Other Postretirement Benefits Cost Reversalof Cost Excluding Service Component PensionCostandOtherPostretirementBenefitsCostReversalofCostExcludingServiceComponent	-9200000
CY2020Q2	tmst	Pension Costand Other Postretirement Benefits Cost Reversalof Cost Excluding Service Component PensionCostandOtherPostretirementBenefitsCostReversalofCostExcludingServiceComponent	-6500000
CY2021Q2	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.21
	tmst	Pension Costand Other Postretirement Benefits Cost Reversalof Cost Excluding Service Component PensionCostandOtherPostretirementBenefitsCostReversalofCostExcludingServiceComponent	-18800000
	tmst	Pension Costand Other Postretirement Benefits Cost Reversalof Cost Excluding Service Component PensionCostandOtherPostretirementBenefitsCostReversalofCostExcludingServiceComponent	-13000000.0
CY2021Q2	tmst	Pension Costand Other Postretirement Benefits Cost Reversalof Cost Remeasurement PensionCostandOtherPostretirementBenefitsCostReversalofCostRemeasurement	-700000
CY2020Q2	tmst	Pension Costand Other Postretirement Benefits Cost Reversalof Cost Remeasurement PensionCostandOtherPostretirementBenefitsCostReversalofCostRemeasurement	-1900000
	tmst	Pension Costand Other Postretirement Benefits Cost Reversalof Cost Remeasurement PensionCostandOtherPostretirementBenefitsCostReversalofCostRemeasurement	-500000
	tmst	Pension Costand Other Postretirement Benefits Cost Reversalof Cost Remeasurement PensionCostandOtherPostretirementBenefitsCostReversalofCostRemeasurement	7600000
CY2020Q2	us-gaap	Foreign Currency Transaction Gain Loss Before Tax ForeignCurrencyTransactionGainLossBeforeTax	-300000
	us-gaap	Foreign Currency Transaction Gain Loss Before Tax ForeignCurrencyTransactionGainLossBeforeTax	-400000
CY2021Q2	tmst	Sales And Use Tax Refund SalesAndUseTaxRefund	-2500000
	tmst	Sales And Use Tax Refund SalesAndUseTaxRefund	-2500000
CY2021Q2	tmst	Miscellaneous Nonoperating Income Expense MiscellaneousNonoperatingIncomeExpense	-100000
	tmst	Miscellaneous Nonoperating Income Expense MiscellaneousNonoperatingIncomeExpense	-100000
	tmst	Miscellaneous Nonoperating Income Expense MiscellaneousNonoperatingIncomeExpense	400000
CY2021Q2	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	12300000
CY2020Q2	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	8100000
	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	21700000
	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	5400000
CY2021Q2	tmst	Sales And Use Tax Refund SalesAndUseTaxRefund	-2500000
CY2021Q2	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	1400000
CY2020Q2	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	200000
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	1600000
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	300000
CY2021Q2	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.025
CY2020Q2	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	-0.011
	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.024
	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	-0.008
	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.21
CY2021Q2	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.025
	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.024
CY2020Q2	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	-0.011
	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	-0.008
CY2021Q2	tmst	Dividends Declared DividendsDeclared	900000
CY2021Q2	tmst	Incremental Common Shares Attributable To Share Based Payment Arrangements Shares Assumed Issued IncrementalCommonSharesAttributableToShareBasedPaymentArrangementsSharesAssumedIssued	3300000
	tmst	Incremental Common Shares Attributable To Share Based Payment Arrangements Shares Assumed Issued IncrementalCommonSharesAttributableToShareBasedPaymentArrangementsSharesAssumedIssued	3100000
CY2021Q2	tmst	Incremental Common Shares Attributable To Share Based Payment Arrangements Shares Assumed Purchased With Potential Proceeds IncrementalCommonSharesAttributableToShareBasedPaymentArrangementsSharesAssumedPurchasedWithPotentialProceeds	1400000
	tmst	Incremental Common Shares Attributable To Share Based Payment Arrangements Shares Assumed Purchased With Potential Proceeds IncrementalCommonSharesAttributableToShareBasedPaymentArrangementsSharesAssumedPurchasedWithPotentialProceeds	1500000
	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	63800000
	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-35200000
CY2021Q2	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	54000000.0
CY2020Q2	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-15300000
CY2021Q2	us-gaap	Inventory Work In Process InventoryWorkInProcess	101500000
CY2020Q4	us-gaap	Inventory Work In Process InventoryWorkInProcess	79100000
CY2021Q2	us-gaap	Inventory Finished Goods InventoryFinishedGoods	62600000
CY2021Q2	us-gaap	Interest On Convertible Debt Net Of Tax InterestOnConvertibleDebtNetOfTax	1200000
	us-gaap	Interest On Convertible Debt Net Of Tax InterestOnConvertibleDebtNetOfTax	2500000
CY2021Q2	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	55200000
CY2020Q2	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	-15300000
	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	66300000
	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	-35200000
CY2021Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	45900000
CY2020Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	45000000.0
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	45600000
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	44900000
CY2021Q2	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	1900000
	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	1600000
CY2021Q2	us-gaap	Incremental Common Shares Attributable To Conversion Of Debt Securities IncrementalCommonSharesAttributableToConversionOfDebtSecurities	8300000
	us-gaap	Incremental Common Shares Attributable To Conversion Of Debt Securities IncrementalCommonSharesAttributableToConversionOfDebtSecurities	8600000
CY2021Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	56100000
CY2020Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	45000000.0
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	55800000
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	44900000
CY2021Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	1.18
CY2020Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.34
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	1.40
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.78
CY2021Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.98
CY2020Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.34
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	1.19
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.78
CY2021Q2	us-gaap	Other Inventory Supplies OtherInventorySupplies	27800000
CY2020Q4	us-gaap	Other Inventory Supplies OtherInventorySupplies	37600000
CY2021Q2	us-gaap	Inventory Raw Materials InventoryRawMaterials	22700000
CY2020Q4	us-gaap	Inventory Raw Materials InventoryRawMaterials	20000000.0
	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	3600000
CY2020Q4	us-gaap	Inventory Finished Goods InventoryFinishedGoods	55600000
CY2021Q2	us-gaap	Inventory Gross InventoryGross	214600000
CY2020Q4	us-gaap	Inventory Gross InventoryGross	192300000
CY2021Q2	us-gaap	Inventory Valuation Reserves InventoryValuationReserves	4400000
CY2020Q4	us-gaap	Inventory Valuation Reserves InventoryValuationReserves	13900000
CY2021Q2	us-gaap	Inventory Net InventoryNet	210200000
CY2020Q4	us-gaap	Inventory Net InventoryNet	178400000
CY2021Q2	us-gaap	Long Term Debt LongTermDebt	44700000
CY2020Q4	us-gaap	Long Term Debt LongTermDebt	78200000
CY2021Q2	us-gaap	Long Term Debt Current LongTermDebtCurrent	44700000
CY2020Q4	us-gaap	Long Term Debt Current LongTermDebtCurrent	38900000
CY2020Q4	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	39300000
	us-gaap	Interest Paid InterestPaid	3100000
	us-gaap	Interest Paid InterestPaid	4100000
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross	0
CY2021Q2	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	1800000
CY2020Q2	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	1600000
	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	3600000
	tmst	Future Allocated Share Based Compensation Expense FutureAllocatedShareBasedCompensationExpense	13400000
	us-gaap	Oci Before Reclassifications Before Tax Attributable To Parent OciBeforeReclassificationsBeforeTaxAttributableToParent	400000
	us-gaap	Reclassification From Aoci Current Period Before Tax Attributable To Parent ReclassificationFromAociCurrentPeriodBeforeTaxAttributableToParent	2900000
	us-gaap	Other Comprehensive Income Loss Tax Portion Attributable To Parent1 OtherComprehensiveIncomeLossTaxPortionAttributableToParent1	0
	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	-2500000
	us-gaap	Oci Before Reclassifications Before Tax Attributable To Parent OciBeforeReclassificationsBeforeTaxAttributableToParent	-1700000
	us-gaap	Reclassification From Aoci Current Period Before Tax Attributable To Parent ReclassificationFromAociCurrentPeriodBeforeTaxAttributableToParent	2800000
	us-gaap	Other Comprehensive Income Loss Tax Portion Attributable To Parent1 OtherComprehensiveIncomeLossTaxPortionAttributableToParent1	-300000
	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	-4200000
CY2021Q2	us-gaap	Loss Contingency Accrual At Carrying Value LossContingencyAccrualAtCarryingValue	1400000
CY2020Q4	us-gaap	Loss Contingency Accrual At Carrying Value LossContingencyAccrualAtCarryingValue	1000000.0
	us-gaap	Restructuring And Related Cost Number Of Positions Eliminated RestructuringAndRelatedCostNumberOfPositionsEliminated	15
CY2021Q2	tmst	Sales And Use Tax Refund SalesAndUseTaxRefund	-2500000

Files In Submission

Name	View Source	Status
0001564590-21-041681-index-headers.html	Edgar Link	pending
0001564590-21-041681-index.html	Edgar Link	pending
0001564590-21-041681.txt	Edgar Link	pending
0001564590-21-041681-xbrl.zip	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xlsx	Edgar Link	pending
gwzrvdgh20aw000001.jpg	Edgar Link	pending
gwzrvdgh20aw000002.jpg	Edgar Link	pending
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gwzrvdgh20aw000007.jpg	Edgar Link	pending
gwzrvdgh20aw000008.jpg	Edgar Link	pending
gwzrvdgh20aw000009.jpg	Edgar Link	pending
MetaLinks.json	Edgar Link	pending
R1.htm	Edgar Link	pending
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R6.htm	Edgar Link	pending
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R9.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending
tmst-10q_20210630.htm	Edgar Link	pending
tmst-10q_20210630_htm.xml	Edgar Link	completed
tmst-20210630.xsd	Edgar Link	pending
tmst-20210630_cal.xml	Edgar Link	unprocessable
tmst-20210630_def.xml	Edgar Link	unprocessable
tmst-20210630_lab.xml	Edgar Link	unprocessable
tmst-20210630_pre.xml	Edgar Link	unprocessable
tmst-ex311_8.htm	Edgar Link	pending
tmst-ex312_9.htm	Edgar Link	pending
tmst-ex321_10.htm	Edgar Link	pending

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$MTUS
Metallus Inc. Stock $mtus

2021 Q2 Form 10-Q Financial Statement

#000156459021041681 Filed on August 05, 2021

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$MTUS Metallus Inc. Stock $mtus

2021 Q2 Form 10-Q Financial Statement

#000156459021041681 Filed on August 05, 2021

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$MTUS
Metallus Inc. Stock $mtus