KAISER ALUMINUM CORP
For the period ended Dec 31, 2023. Filed Feb 23, 2024.
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FY2023 · Filed Feb 23, 2024
KALU$110.09-1.3%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Statements of Consolidated Income (Loss)
| Year Ended December 31, | |||
|---|---|---|---|
| 2023 | 2022 | 2021 | |
| (In millions of dollars, except share and per share amounts) | |||
| Net sales | $3,087.0 | $3,427.9 | $2,622.0 |
| Costs and expenses: | |||
| Cost of products sold, excluding depreciation and amortization | 2,754.9 | 3,180.2 | 2,348.1 |
| Depreciation and amortization | 108.6 | 106.9 | 91.5 |
| Selling, general, administrative, research and development | 122.7 | 110.9 | 118.8 |
| Goodwill impairment | — | 20.5 | — |
| Restructuring costs (benefit) | 5.0 | 2.2 | (0.8) |
| Other operating charges, net | — | 3.2 | — |
| Total costs and expenses | 2,991.2 | 3,423.9 | 2,557.6 |
| Operating income | 95.8 | 4.0 | 64.4 |
| Other (expense) income: | |||
| Interest expense | (46.9) | (48.3) | (49.5) |
| Other income (expense), net – Note 13 | 7.4 | 6.4 | (38.9) |
| Income (loss) before income taxes | 56.3 | (37.9) | (24.0) |
| Income tax (provision) benefit | (9.1) | 8.3 | 5.5 |
| Net income (loss) | $47.2 | $(29.6) | $(18.5) |
| Net income (loss) per common share: | |||
| Basic | $2.95 | $(1.86) | $(1.17) |
| Diluted | $2.92 | $(1.86) | $(1.17) |
| Weighted-average number of common shares outstanding (in thousands): | |||
| Basic | 15,991 | 15,906 | 15,836 |
| Diluted | 16,131 | 15,906 | 15,836 |
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