secwatch.observer — SEC 8-K summary
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Issuer:     ATI INC (ATI)
CIK:        0001018963
Form:       8-K
Filed at:   2024-01-19T23:59:59+00:00
Accession:  0001628280-24-001748
Event type: other_material
Sentiment:  neutral
Materiality: 0.65
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ATI changes pension accounting; FY 2023 adj. EPS guidance raised to $2.49-$2.59
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- Voluntary accounting change: actuarial gains/losses on pension plans recognized immediately in annual earnings.
- Full year 2023 Adjusted EPS range increased from $2.20-$2.30 to $2.49-$2.59 due to the change.
- Cumulative effect on Jan 1, 2021: retained earnings decreased $1.07B with offset to accumulated other comprehensive loss.
- Q4 2023 Adjusted EPS guidance unchanged at $0.57-$0.67; pension annuitizations offset the change.
- Prior periods retrospectively adjusted; unaudited financial statements for 2021-2023 YTD furnished.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1018963/000162828024001748/0001628280-24-001748-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1018963/000162828024001748/ati-20240119.htm
  HTML page:      https://secwatch.observer/filing/0001628280-24-001748

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