10-Q Filing

CENTRUS ENERGY CORP CIK: 1065059 Q2 2011

Filing Information

Form Type	10-Q
Accession Number	`0001065059-11-000039`
Period End Date	20110630
Filing Date	20110804
Fiscal Year	2011
Fiscal Period	Q2
XBRL Instance	usu-20110630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 61 Income Statement 83 Cash Flow Statement 53

Balance Sheet 61 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$151.00M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$207.50M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$340.20M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$131.30M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$134.00M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$308.60M	USD	Point-in-time
Inventories	`InventoryNet`	$1.52B	USD	Point-in-time
Inventories	`InventoryNet`	$1.72B	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetCurrent`	$47.50M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetCurrent`	$22.70M	USD	Point-in-time
Deferred costs associated with deferred revenue	`OtherDeferredCostsNet`	$152.90M	USD	Point-in-time
Deferred costs associated with deferred revenue	`OtherDeferredCostsNet`	$152.50M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$95.40M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$71.60M	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$2.46B	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$2.25B	USD	Point-in-time
Property, Plant and Equipment, net	`PropertyPlantAndEquipmentNet`	$1.23B	USD	Point-in-time
Property, Plant and Equipment, net	`PropertyPlantAndEquipmentNet`	$1.29B	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetNoncurrent`	$204.50M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetNoncurrent`	$219.50M	USD	Point-in-time
Deposits for surety bonds	`DepositsAssetsNoncurrent`	$140.80M	USD	Point-in-time
Deposits for surety bonds	`DepositsAssetsNoncurrent`	$140.80M	USD	Point-in-time
Deferred financing costs, net	`DeferredFinanceCostsNoncurrentNet`	$11.60M	USD	Point-in-time
Deferred financing costs, net	`DeferredFinanceCostsNoncurrentNet`	$10.60M	USD	Point-in-time
Goodwill	`Goodwill`	$6.80M	USD	Point-in-time
Goodwill	`Goodwill`	$6.80M	USD	Point-in-time
Total Other Long-Term Assets	`AssetsNoncurrent`	$362.70M	USD	Point-in-time
Total Other Long-Term Assets	`AssetsNoncurrent`	$378.70M	USD	Point-in-time
Total Assets	`Assets`	$3.85B	USD	Point-in-time
Total Assets	`Assets`	$4.13B	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$172.40M	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$141.90M	USD	Point-in-time
Payables under Russian Contract	`AccountsPayableCurrent`	$145.20M	USD	Point-in-time
Payables under Russian Contract	`AccountsPayableCurrent`	$201.20M	USD	Point-in-time
Inventories owed to customers and suppliers	`InventoriesOwedToCustomersAndSuppliers`	$715.80M	USD	Point-in-time
Inventories owed to customers and suppliers	`InventoriesOwedToCustomersAndSuppliers`	$1.08B	USD	Point-in-time
Deferred revenue and advances from customers	`DeferredRevenueAndCreditsCurrent`	$179.10M	USD	Point-in-time
Deferred revenue and advances from customers	`DeferredRevenueAndCreditsCurrent`	$188.50M	USD	Point-in-time
Credit facility term loan	`ShortTermBankLoansAndNotesPayable`	$85.00M	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$1.65B	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$1.27B	USD	Point-in-time
Long-Term Debt	`LongTermDebtNoncurrent`	$660.00M	USD	Point-in-time
Long-Term Debt	`LongTermDebtNoncurrent`	$530.00M	USD	Point-in-time
Convertible Preferred Stock	`OtherLongTermDebtNoncurrent`	$83.30M	USD	Point-in-time
Convertible Preferred Stock	`OtherLongTermDebtNoncurrent`	$78.20M	USD	Point-in-time
Depleted uranium disposition	`AccountsPayableAndAccruedLiabilitiesNoncurrent`	$135.30M	USD	Point-in-time
Depleted uranium disposition	`AccountsPayableAndAccruedLiabilitiesNoncurrent`	$125.40M	USD	Point-in-time
Postretirement health and life benefit obligations	`OtherPostretirementDefinedBenefitPlanLiabilitiesNoncurrent`	$178.70M	USD	Point-in-time
Postretirement health and life benefit obligations	`OtherPostretirementDefinedBenefitPlanLiabilitiesNoncurrent`	$184.80M	USD	Point-in-time
Pension benefit liabilities	`DefinedBenefitPensionPlanLiabilitiesNoncurrent`	$145.80M	USD	Point-in-time
Pension benefit liabilities	`DefinedBenefitPensionPlanLiabilitiesNoncurrent`	$145.40M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$78.20M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$78.10M	USD	Point-in-time
Total Other Long-Term Liabilities	`LiabilitiesNoncurrent`	$544.00M	USD	Point-in-time
Total Other Long-Term Liabilities	`LiabilitiesNoncurrent`	$527.70M	USD	Point-in-time
Commitments and Contingencies (Note 13)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and Contingencies (Note 13)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Stockholders' Equity	`StockholdersEquity`	$1.33B	USD	Point-in-time
Stockholders' Equity	`StockholdersEquity`	$1.31B	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$3.85B	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$4.13B	USD	Point-in-time

Income Statement 83 line items

Line Item	Tag	Value	Unit	Period
Separative work units	`SeparativeWorkUnits`	$597.60M	USD	2 Qtrs
Separative work units	`SeparativeWorkUnits`	$330.30M	USD	1 Quarter
Separative work units	`SeparativeWorkUnits`	$638.80M	USD	2 Qtrs
Separative work units	`SeparativeWorkUnits`	$331.00M	USD	1 Quarter
Uranium	`Uranium`	$69.60M	USD	1 Quarter
Uranium	`Uranium`	$67.80M	USD	1 Quarter
Uranium	`Uranium`	$81.80M	USD	2 Qtrs
Uranium	`Uranium`	$85.20M	USD	2 Qtrs
Contract services revenue	`ContractsRevenue`	$56.30M	USD	1 Quarter
Contract services revenue	`ContractsRevenue`	$114.30M	USD	2 Qtrs
Contract services revenue	`ContractsRevenue`	$59.10M	USD	1 Quarter
Contract services revenue	`ContractsRevenue`	$121.60M	USD	2 Qtrs
Total revenue	`Revenues`	$459.70M	USD	1 Quarter
Total revenue	`Revenues`	$454.40M	USD	1 Quarter
Total revenue	`Revenues`	$834.90M	USD	2 Qtrs
Total revenue	`Revenues`	$804.40M	USD	2 Qtrs
Separative work units and uranium	`CostOfGoodsSold`	$625.80M	USD	2 Qtrs
Separative work units and uranium	`CostOfGoodsSold`	$368.60M	USD	1 Quarter
Separative work units and uranium	`CostOfGoodsSold`	$675.80M	USD	2 Qtrs
Separative work units and uranium	`CostOfGoodsSold`	$358.60M	USD	1 Quarter
Contract services costs	`ContractRevenueCost`	$112.00M	USD	2 Qtrs
Contract services costs	`ContractRevenueCost`	$52.60M	USD	1 Quarter
Contract services costs	`ContractRevenueCost`	$57.00M	USD	1 Quarter
Contract services costs	`ContractRevenueCost`	$107.80M	USD	2 Qtrs
Total cost of sales	`CostOfRevenue`	$733.60M	USD	2 Qtrs
Total cost of sales	`CostOfRevenue`	$421.20M	USD	1 Quarter
Total cost of sales	`CostOfRevenue`	$787.80M	USD	2 Qtrs
Total cost of sales	`CostOfRevenue`	$415.60M	USD	1 Quarter
Gross profit	`GrossProfit`	$47.10M	USD	2 Qtrs
Gross profit	`GrossProfit`	$44.10M	USD	1 Quarter
Gross profit	`GrossProfit`	$33.20M	USD	1 Quarter
Gross profit	`GrossProfit`	$70.80M	USD	2 Qtrs
Advanced technology costs	`ResearchAndDevelopmentExpense`	$51.70M	USD	2 Qtrs
Advanced technology costs	`ResearchAndDevelopmentExpense`	$60.20M	USD	2 Qtrs
Advanced technology costs	`ResearchAndDevelopmentExpense`	$33.50M	USD	1 Quarter
Advanced technology costs	`ResearchAndDevelopmentExpense`	$26.00M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$29.40M	USD	2 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$14.30M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$16.70M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$32.20M	USD	2 Qtrs
Other (income)	`OtherOperatingIncome`	$20.00M	USD	2 Qtrs
Other (income)	`OtherOperatingIncome`	$10.30M	USD	1 Quarter
Other (income)	`OtherOperatingIncome`	$3.70M	USD	2 Qtrs
Operating income (loss)	`OperatingIncomeLoss`	$9.70M	USD	2 Qtrs
Operating income (loss)	`OperatingIncomeLoss`	$14.10M	USD	1 Quarter
Operating income (loss)	`OperatingIncomeLoss`	$-17.00M	USD	1 Quarter
Operating income (loss)	`OperatingIncomeLoss`	$-41.60M	USD	2 Qtrs
Interest expense	`InterestExpenseDebt`	$100.00K	USD	1 Quarter
Interest expense	`InterestExpenseDebt`	$100.00K	USD	2 Qtrs
Interest expense	`InterestExpenseDebt`	$100.00K	USD	2 Qtrs
Interest expense	`InterestExpenseDebt`	$100.00K	USD	1 Quarter
Interest (income)	`InvestmentIncomeInterest`	$300.00K	USD	2 Qtrs
Interest (income)	`InvestmentIncomeInterest`	$100.00K	USD	1 Quarter
Interest (income)	`InvestmentIncomeInterest`	$200.00K	USD	2 Qtrs
Interest (income)	`InvestmentIncomeInterest`	$100.00K	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$9.80M	USD	2 Qtrs
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-41.40M	USD	2 Qtrs
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$14.10M	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-17.00M	USD	1 Quarter
Provision (benefit) for income taxes	`IncomeTaxExpenseBenefit`	$-3.60M	USD	2 Qtrs
Provision (benefit) for income taxes	`IncomeTaxExpenseBenefit`	$6.90M	USD	1 Quarter
Provision (benefit) for income taxes	`IncomeTaxExpenseBenefit`	$4.20M	USD	1 Quarter
Provision (benefit) for income taxes	`IncomeTaxExpenseBenefit`	$12.30M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$-21.20M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-2.50M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$7.20M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-37.80M	USD	2 Qtrs
Net income (loss) per share - basic	`EarningsPerShareBasic`	$-0.18	USD	1 Quarter
Net income (loss) per share - basic	`EarningsPerShareBasic`	$0.06	USD	1 Quarter
Net income (loss) per share - basic	`EarningsPerShareBasic`	$-0.31	USD	2 Qtrs
Net income (loss) per share - basic	`EarningsPerShareBasic`	$-0.02	USD	2 Qtrs
Net income (loss) per share - diluted	`EarningsPerShareDiluted`	$-0.31	USD	2 Qtrs
Net income (loss) per share - diluted	`EarningsPerShareDiluted`	$-0.02	USD	2 Qtrs
Net income (loss) per share - diluted	`EarningsPerShareDiluted`	$0.04	USD	1 Quarter
Net income (loss) per share - diluted	`EarningsPerShareDiluted`	$-0.18	USD	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	112.90M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	120.30M	shares	2 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	112.30M	shares	2 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	121.10M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	112.30M	shares	2 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	121.10M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	120.30M	shares	2 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	161.40M	shares	1 Quarter

Cash Flow Statement 53 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`NetIncomeLoss`	$-21.20M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-2.50M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$7.20M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-37.80M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$30.20M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$19.50M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$7.30M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$14.50M	USD	2 Qtrs
Other non-cash income on release of disposal obligation	`OtherNoncashIncome`	$-600.00K	USD	2 Qtrs
Other non-cash income on release of disposal obligation	`OtherNoncashIncome`	$-20.00M	USD	2 Qtrs
Capitalized convertible preferred stock dividends paid-in-kind	`OtherNoncashIncomeExpense`	$5.10M	USD	2 Qtrs
Gain on extinguishment of convertible senior notes	`GainsLossesOnExtinguishmentOfDebt`	$-3.10M	USD	2 Qtrs
Accounts receivable - decrease	`IncreaseDecreaseInAccountsReceivable`	$-70.30M	USD	2 Qtrs
Accounts receivable - decrease	`IncreaseDecreaseInAccountsReceivable`	$-174.60M	USD	2 Qtrs
Inventories, net - decrease	`IncreaseDecreaseInInventories`	$-44.30M	USD	2 Qtrs
Inventories, net - decrease	`IncreaseDecreaseInInventories`	$-173.90M	USD	2 Qtrs
Payables under Russian Contract - increase (decrease)	`IncreaseDecreaseInAccountsPayableTrade`	$-56.00M	USD	2 Qtrs
Payables under Russian Contract - increase (decrease)	`IncreaseDecreaseInAccountsPayableTrade`	$53.80M	USD	2 Qtrs
Deferred revenue, net of deferred costs - increase	`IncreaseDecreaseInDeferredRevenue`	$10.20M	USD	2 Qtrs
Deferred revenue, net of deferred costs - increase	`IncreaseDecreaseInDeferredRevenue`	$31.60M	USD	2 Qtrs
Accrued depleted uranium disposition - increase (decrease)	`IncreaseDecreaseInOtherAccruedLiabilities`	$9.90M	USD	2 Qtrs
Accrued depleted uranium disposition - increase (decrease)	`IncreaseDecreaseInOtherAccruedLiabilities`	$-40.60M	USD	2 Qtrs
Accounts payable and other liabilities - (decrease)	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-8.20M	USD	2 Qtrs
Accounts payable and other liabilities - (decrease)	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-3.00M	USD	2 Qtrs
Other, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-19.90M	USD	2 Qtrs
Other, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$5.30M	USD	2 Qtrs
Net Cash Provided by Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$285.60M	USD	2 Qtrs
Net Cash Provided by Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$173.20M	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquireProductiveAssets`	$87.90M	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquireProductiveAssets`	$91.00M	USD	2 Qtrs
Deposits for surety bonds - net decrease	`IncreaseDecreaseInRestrictedCash`	$-3.00M	USD	2 Qtrs
Net Cash (Used in) Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-84.90M	USD	2 Qtrs
Net Cash (Used in) Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-91.00M	USD	2 Qtrs
Borrowings under credit facility	`ProceedsFromLinesOfCredit`	$38.20M	USD	2 Qtrs
Repayments under credit facility	`RepaymentsOfLinesOfCredit`	$38.20M	USD	2 Qtrs
Payments for deferred financing costs	`PaymentsOfFinancingCosts`	$3.70M	USD	2 Qtrs
Payments for deferred financing costs	`PaymentsOfFinancingCosts`	$9.60M	USD	2 Qtrs
Common stock issued (purchased), net	`ProceedsFromRepurchaseOfEquity`	$-1.70M	USD	2 Qtrs
Common stock issued (purchased), net	`ProceedsFromRepurchaseOfEquity`	$-2.50M	USD	2 Qtrs
Net Cash (Used in) Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$-5.40M	USD	2 Qtrs
Net Cash (Used in) Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$-12.10M	USD	2 Qtrs
Net Increase	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$76.20M	USD	2 Qtrs
Net Increase	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$189.20M	USD	2 Qtrs
Cash and Cash Equivalents at Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$151.00M	USD	Point-in-time
Cash and Cash Equivalents at Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$207.50M	USD	Point-in-time
Cash and Cash Equivalents at Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$340.20M	USD	Point-in-time
Cash and Cash Equivalents at Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$131.30M	USD	Point-in-time
Cash and Cash Equivalents at End of Period	`CashAndCashEquivalentsAtCarryingValue`	$151.00M	USD	Point-in-time
Cash and Cash Equivalents at End of Period	`CashAndCashEquivalentsAtCarryingValue`	$207.50M	USD	Point-in-time
Cash and Cash Equivalents at End of Period	`CashAndCashEquivalentsAtCarryingValue`	$340.20M	USD	Point-in-time
Cash and Cash Equivalents at End of Period	`CashAndCashEquivalentsAtCarryingValue`	$131.30M	USD	Point-in-time
Income taxes paid, net of refunds	`IncomeTaxesPaid`	$2.10M	USD	2 Qtrs
Income taxes paid, net of refunds	`IncomeTaxesPaid`	$15.50M	USD	2 Qtrs

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.