10-KPeriod: FY2011

ATI INC Annual Report, Year Ended Dec 31, 2011

Filed February 27, 2012For Securities:ATI

Summary

Allegheny Technologies Incorporated (ATI) presents its 2011 annual report, highlighting a year of significant operational and strategic developments. The company, a producer of specialty metals and alloys, navigated a complex economic environment by focusing on its core businesses and pursuing growth opportunities. Investors should note ATI's commitment to its advanced materials segments, which are crucial for its long-term value proposition. The report underscores the company's financial performance and its efforts to strengthen its market position amidst evolving industry dynamics. Key financial indicators and strategic initiatives are detailed within the filing. Investors will find information on the company's revenue drivers, cost management strategies, and capital allocation plans. ATI's forward-looking statements and risk factor disclosures provide crucial context for understanding the company's outlook and the challenges it anticipates. Overall, the 2011 10-K provides a comprehensive overview of ATI's business, financial health, and strategic direction for the period.

Financial Highlights

53 data points
Beta

Revenue

$4.81B

15.3% Gross Margin

Net Income

$214.30M

4.5% Net Margin

EPS (Diluted)

$1.97

Total Assets

$6.05B

Cash & Equivalents

$380.60M

Free Cash Flow

$296.80M

Financial Statements
Beta
Revenue$4.81B
Cost of Revenue$4.08B
Gross Profit$736.80M
R&D Expenses$17.00M
SG&A Expenses$323.00M
Operating Income$413.80M
Interest Expense$93.70M
Net Income$214.30M
EPS (Basic)$2.09
EPS (Diluted)$1.97
Shares Outstanding (Basic)102.50M
Shares Outstanding (Diluted)113.90M

Key Highlights

  • 1ATI filed its 2011 Form 10-K on February 27, 2012, reporting on its fiscal year ended December 31, 2011.
  • 2The company is registered in Delaware and is traded on the New York Stock Exchange under the ticker ATI.
  • 3ATI is classified as a large accelerated filer, indicating its significant market capitalization and reporting history.
  • 4The report covers various business segments, including discussions on operations, risk factors, properties, and legal proceedings.
  • 5Financial data and Management's Discussion and Analysis of Financial Condition and Results of Operations are key components, providing insights into performance.
  • 6The filing includes detailed financial statements and controls and procedures for the fiscal year.
  • 7ATI had approximately 106.7 million shares of Common Stock outstanding as of February 13, 2012.

Frequently Asked Questions

Allegheny Technologies Incorporated (ATI) is a producer of a wide range of specialty metals and alloys. Its business encompasses the development, manufacturing, and marketing of these materials used in various demanding applications across multiple industries.

Being a 'large accelerated filer' means ATI meets specific SEC criteria related to its public float (market value of shares held by non-affiliates) and filing history. This classification indicates that ATI is a substantial public company subject to rigorous reporting requirements, which generally provides investors with more detailed and timely financial information.

Detailed financial performance information for 2011 can be found in Part II, Item 6 (Selected Financial Data) and Item 7 (Management’s Discussion and Analysis of Financial Condition and Results of Operations) of the 10-K filing. Item 8, 'Financial Statements and Supplementary Data,' provides the audited financial statements.

The filing, particularly in Item 1A (Risk Factors), would typically disclose various risks ATI faces. These could include market and economic conditions, competition, operational challenges, supply chain disruptions, regulatory changes, and potential impacts from the industries it serves, such as aerospace, defense, and energy.