10-Q Filing

CENTRUS ENERGY CORP CIK: 1065059 Q3 2011

Filing Information

Form Type	10-Q
Accession Number	`0001065059-11-000063`
Period End Date	20110930
Filing Date	20111104
Fiscal Year	2011
Fiscal Period	Q3
XBRL Instance	usu-20110930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 63 Income Statement 85 Cash Flow Statement 56

Balance Sheet 63 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$151.00M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$131.30M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$146.10M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$117.90M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$223.50M	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`	$24.00M	USD	Point-in-time
Deferred costs associated with deferred revenue	`OtherDeferredCostsNet`	$152.90M	USD	Point-in-time
Deferred costs associated with deferred revenue	`OtherDeferredCostsNet`	$159.80M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$88.00M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$71.60M	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$2.25B	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$2.33B	USD	Point-in-time
Property, Plant and Equipment, net	`PropertyPlantAndEquipmentNet`	$1.32B	USD	Point-in-time
Property, Plant and Equipment, net	`PropertyPlantAndEquipmentNet`	$1.23B	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetNoncurrent`	$222.10M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetNoncurrent`	$204.50M	USD	Point-in-time
Deposits for surety bonds	`DepositsAssetsNoncurrent`	$144.40M	USD	Point-in-time
Deposits for surety bonds	`DepositsAssetsNoncurrent`	$140.80M	USD	Point-in-time
Deferred financing costs, net	`DeferredFinanceCostsNoncurrentNet`	$12.80M	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`	$386.10M	USD	Point-in-time
Total Other Long-Term Assets	`AssetsNoncurrent`	$362.70M	USD	Point-in-time
Total Assets	`Assets`	$3.85B	USD	Point-in-time
Total Assets	`Assets`	$4.04B	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$153.00M	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$172.40M	USD	Point-in-time
Payables under Russian Contract	`AccountsPayableCurrent`	$201.20M	USD	Point-in-time
Payables under Russian Contract	`AccountsPayableCurrent`	$284.80M	USD	Point-in-time
Inventories owed to customers and suppliers	`InventoriesOwedToCustomersAndSuppliers`	$843.20M	USD	Point-in-time
Inventories owed to customers and suppliers	`InventoriesOwedToCustomersAndSuppliers`	$715.80M	USD	Point-in-time
Deferred revenue and advances from customers	`DeferredRevenueAndCreditsCurrent`	$179.10M	USD	Point-in-time
Deferred revenue and advances from customers	`DeferredRevenueAndCreditsCurrent`	$192.10M	USD	Point-in-time
Credit facility term loan	`ShortTermBankLoansAndNotesPayable`	$85.00M	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$1.56B	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`	$78.20M	USD	Point-in-time
Convertible Preferred Stock	`OtherLongTermDebtNoncurrent`	$85.90M	USD	Point-in-time
Depleted uranium disposition	`AccountsPayableAndAccruedLiabilitiesNoncurrent`	$125.40M	USD	Point-in-time
Depleted uranium disposition	`AccountsPayableAndAccruedLiabilitiesNoncurrent`	$139.70M	USD	Point-in-time
Postretirement health and life benefit obligations	`OtherPostretirementDefinedBenefitPlanLiabilitiesNoncurrent`	$178.70M	USD	Point-in-time
Postretirement health and life benefit obligations	`OtherPostretirementDefinedBenefitPlanLiabilitiesNoncurrent`	$185.40M	USD	Point-in-time
Pension benefit liabilities	`DefinedBenefitPensionPlanLiabilitiesNoncurrent`	$145.40M	USD	Point-in-time
Pension benefit liabilities	`DefinedBenefitPensionPlanLiabilitiesNoncurrent`	$143.00M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$78.00M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$78.20M	USD	Point-in-time
Total Other Long-Term Liabilities	`LiabilitiesNoncurrent`	$527.70M	USD	Point-in-time
Total Other Long-Term Liabilities	`LiabilitiesNoncurrent`	$546.10M	USD	Point-in-time
Commitments and Contingencies (Note 12)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and Contingencies (Note 12)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Stockholders' Equity	`StockholdersEquity`	$1.28B	USD	Point-in-time
Stockholders' Equity	`StockholdersEquity`	$1.29B	USD	Point-in-time
Stockholders' Equity	`StockholdersEquity`	$1.32B	USD	Point-in-time
Stockholders' Equity	`StockholdersEquity`	$1.31B	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$4.04B	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$3.85B	USD	Point-in-time

Income Statement 85 line items

Line Item	Tag	Value	Unit	Period
Separative work units	`SeparativeWorkUnits`	$936.70M	USD	3 Qtrs
Separative work units	`SeparativeWorkUnits`	$404.20M	USD	1 Quarter
Separative work units	`SeparativeWorkUnits`	$1.00B	USD	3 Qtrs
Separative work units	`SeparativeWorkUnits`	$297.90M	USD	1 Quarter
Uranium	`Uranium`	$164.50M	USD	3 Qtrs
Uranium	`Uranium`	$21.30M	USD	1 Quarter
Uranium	`Uranium`	$103.10M	USD	3 Qtrs
Uranium	`Uranium`	$79.30M	USD	1 Quarter
Contract services revenue	`ContractsRevenue`	$202.70M	USD	3 Qtrs
Contract services revenue	`ContractsRevenue`	$81.10M	USD	1 Quarter
Contract services revenue	`ContractsRevenue`	$169.60M	USD	3 Qtrs
Contract services revenue	`ContractsRevenue`	$55.30M	USD	1 Quarter
Total revenue	`Revenues`	$374.50M	USD	1 Quarter
Total revenue	`Revenues`	$564.60M	USD	1 Quarter
Total revenue	`Revenues`	$1.37B	USD	3 Qtrs
Total revenue	`Revenues`	$1.21B	USD	3 Qtrs
Separative work units and uranium	`CostOfGoodsSold`	$1.08B	USD	3 Qtrs
Separative work units and uranium	`CostOfGoodsSold`	$974.30M	USD	3 Qtrs
Separative work units and uranium	`CostOfGoodsSold`	$451.40M	USD	1 Quarter
Separative work units and uranium	`CostOfGoodsSold`	$298.50M	USD	1 Quarter
Contract services costs	`ContractRevenueCost`	$49.10M	USD	1 Quarter
Contract services costs	`ContractRevenueCost`	$75.20M	USD	1 Quarter
Contract services costs	`ContractRevenueCost`	$161.10M	USD	3 Qtrs
Contract services costs	`ContractRevenueCost`	$183.00M	USD	3 Qtrs
Total cost of sales	`CostOfRevenue`	$1.26B	USD	3 Qtrs
Total cost of sales	`CostOfRevenue`	$347.60M	USD	1 Quarter
Total cost of sales	`CostOfRevenue`	$1.14B	USD	3 Qtrs
Total cost of sales	`CostOfRevenue`	$526.60M	USD	1 Quarter
Gross profit	`GrossProfit`	$108.80M	USD	3 Qtrs
Gross profit	`GrossProfit`	$74.00M	USD	3 Qtrs
Gross profit	`GrossProfit`	$38.00M	USD	1 Quarter
Gross profit	`GrossProfit`	$26.90M	USD	1 Quarter
Advanced technology costs	`ResearchAndDevelopmentExpense`	$80.30M	USD	3 Qtrs
Advanced technology costs	`ResearchAndDevelopmentExpense`	$26.00M	USD	1 Quarter
Advanced technology costs	`ResearchAndDevelopmentExpense`	$28.60M	USD	1 Quarter
Advanced technology costs	`ResearchAndDevelopmentExpense`	$86.20M	USD	3 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$43.40M	USD	3 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$14.00M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$47.80M	USD	3 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$15.60M	USD	1 Quarter
Other (income)	`OtherOperatingIncome`	$12.40M	USD	1 Quarter
Other (income)	`OtherOperatingIncome`	$3.70M	USD	3 Qtrs
Other (income)	`OtherOperatingIncome`	$32.40M	USD	3 Qtrs
Operating income (loss)	`OperatingIncomeLoss`	$-14.70M	USD	1 Quarter
Operating income (loss)	`OperatingIncomeLoss`	$-56.30M	USD	3 Qtrs
Operating income (loss)	`OperatingIncomeLoss`	$7.80M	USD	1 Quarter
Operating income (loss)	`OperatingIncomeLoss`	$17.50M	USD	3 Qtrs
Preferred stock issuance costs	`DebtRelatedCommitmentFeesAndDebtIssuanceCosts`	$4.80M	USD	3 Qtrs
Preferred stock issuance costs	`DebtRelatedCommitmentFeesAndDebtIssuanceCosts`	$4.80M	USD	1 Quarter
Interest expense	`InterestExpenseDebt`	$200.00K	USD	1 Quarter
Interest expense	`InterestExpenseDebt`	$400.00K	USD	3 Qtrs
Interest expense	`InterestExpenseDebt`	$300.00K	USD	1 Quarter
Interest expense	`InterestExpenseDebt`	$300.00K	USD	3 Qtrs
Interest (income)	`InvestmentIncomeInterest`	$100.00K	USD	1 Quarter
Interest (income)	`InvestmentIncomeInterest`	$400.00K	USD	3 Qtrs
Interest (income)	`InvestmentIncomeInterest`	$400.00K	USD	3 Qtrs
Interest (income)	`InvestmentIncomeInterest`	$200.00K	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-14.80M	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-56.20M	USD	3 Qtrs
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$2.90M	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$12.70M	USD	3 Qtrs
Provision (benefit) for income taxes	`IncomeTaxExpenseBenefit`	$1.90M	USD	1 Quarter
Provision (benefit) for income taxes	`IncomeTaxExpenseBenefit`	$14.20M	USD	3 Qtrs
Provision (benefit) for income taxes	`IncomeTaxExpenseBenefit`	$-11.50M	USD	3 Qtrs
Provision (benefit) for income taxes	`IncomeTaxExpenseBenefit`	$-7.90M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$1.00M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-6.90M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-44.70M	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$-1.50M	USD	3 Qtrs
Net income (loss) per share - basic	`EarningsPerShareBasic`	$-0.06	USD	1 Quarter
Net income (loss) per share - basic	`EarningsPerShareBasic`	$0.01	USD	1 Quarter
Net income (loss) per share - basic	`EarningsPerShareBasic`	$-0.37	USD	3 Qtrs
Net income (loss) per share - basic	`EarningsPerShareBasic`	$-0.01	USD	3 Qtrs
Net income (loss) per share - diluted	`EarningsPerShareDiluted`	$-0.06	USD	1 Quarter
Net income (loss) per share - diluted	`EarningsPerShareDiluted`	$0.01	USD	1 Quarter
Net income (loss) per share - diluted	`EarningsPerShareDiluted`	$-0.37	USD	3 Qtrs
Net income (loss) per share - diluted	`EarningsPerShareDiluted`	$-0.01	USD	3 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	121.30M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	112.60M	shares	3 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	120.70M	shares	3 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	113.20M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	112.60M	shares	3 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	120.70M	shares	3 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	166.40M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	121.30M	shares	1 Quarter

Cash Flow Statement 56 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`NetIncomeLoss`	$1.00M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-6.90M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-44.70M	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$-1.50M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$30.20M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$40.60M	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$2.20M	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$31.90M	USD	3 Qtrs
Other non-cash income on release of disposal obligation	`OtherNoncashIncome`	$-32.40M	USD	3 Qtrs
Other non-cash income on release of disposal obligation	`OtherNoncashIncome`	$-600.00K	USD	3 Qtrs
Preferred stock issuance costs and capitalized dividends paid-in-kind	`OtherNoncashIncomeExpense`	$7.70M	USD	3 Qtrs
Preferred stock issuance costs and capitalized dividends paid-in-kind	`OtherNoncashIncomeExpense`	$5.60M	USD	3 Qtrs
Gain on extinguishment of convertible senior notes	`GainsLossesOnExtinguishmentOfDebt`	$-3.10M	USD	3 Qtrs
Accounts receivable - decrease (increase)	`IncreaseDecreaseInAccountsReceivable`	$-85.10M	USD	3 Qtrs
Accounts receivable - decrease (increase)	`IncreaseDecreaseInAccountsReceivable`	$36.60M	USD	3 Qtrs
Inventories, net - (increase)	`IncreaseDecreaseInInventories`	$71.60M	USD	3 Qtrs
Inventories, net - (increase)	`IncreaseDecreaseInInventories`	$53.90M	USD	3 Qtrs
Payables under Russian Contract - increase (decrease)	`IncreaseDecreaseInAccountsPayableTrade`	$83.60M	USD	3 Qtrs
Payables under Russian Contract - increase (decrease)	`IncreaseDecreaseInAccountsPayableTrade`	$96.60M	USD	3 Qtrs
Deferred revenue, net of deferred costs - increase	`IncreaseDecreaseInDeferredRevenue`	$4.10M	USD	3 Qtrs
Deferred revenue, net of deferred costs - increase	`IncreaseDecreaseInDeferredRevenue`	$6.50M	USD	3 Qtrs
Accrued depleted uranium disposition - increase (decrease)	`IncreaseDecreaseInOtherAccruedLiabilities`	$-36.40M	USD	3 Qtrs
Accrued depleted uranium disposition - increase (decrease)	`IncreaseDecreaseInOtherAccruedLiabilities`	$14.30M	USD	3 Qtrs
Accounts payable and other liabilities - (decrease)	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$8.50M	USD	3 Qtrs
Accounts payable and other liabilities - (decrease)	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-100.00K	USD	3 Qtrs
Other, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-12.70M	USD	3 Qtrs
Other, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$13.90M	USD	3 Qtrs
Net Cash Provided by Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$30.00M	USD	3 Qtrs
Net Cash Provided by Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$107.20M	USD	3 Qtrs
Capital expenditures	`PaymentsToAcquireProductiveAssets`	$130.30M	USD	3 Qtrs
Capital expenditures	`PaymentsToAcquireProductiveAssets`	$123.00M	USD	3 Qtrs
Deposits for surety bonds - net (increase) decrease	`IncreaseDecreaseInRestrictedCash`	$-48.10M	USD	3 Qtrs
Deposits for surety bonds - net (increase) decrease	`IncreaseDecreaseInRestrictedCash`	$3.60M	USD	3 Qtrs
Net Cash (Used in) Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-133.90M	USD	3 Qtrs
Net Cash (Used in) Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-74.90M	USD	3 Qtrs
Borrowings under credit facility	`ProceedsFromLinesOfCredit`	$38.30M	USD	3 Qtrs
Repayments under credit facility	`RepaymentsOfLinesOfCredit`	$38.30M	USD	3 Qtrs
Proceeds from issuance of Series B-1 convertible preferred stock and warrants	`ProceedsFromIssuanceOfOtherLongTermDebt`	$75.00M	USD	3 Qtrs
Payments for deferred financing costs and preferred stock issuance costs	`PaymentsOfFinancingCosts`	$13.20M	USD	3 Qtrs
Payments for deferred financing costs and preferred stock issuance costs	`PaymentsOfFinancingCosts`	$4.70M	USD	3 Qtrs
Common stock issued (purchased), net	`ProceedsFromRepurchaseOfEquity`	$-1.70M	USD	3 Qtrs
Common stock issued (purchased), net	`ProceedsFromRepurchaseOfEquity`	$-2.10M	USD	3 Qtrs
Net Cash (Used in) Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$59.70M	USD	3 Qtrs
Net Cash (Used in) Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$-6.40M	USD	3 Qtrs
Net (Decrease) Increase	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$14.80M	USD	3 Qtrs
Net (Decrease) Increase	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-33.10M	USD	3 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`	$131.30M	USD	Point-in-time
Cash and Cash Equivalents at Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$146.10M	USD	Point-in-time
Cash and Cash Equivalents at Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$117.90M	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`	$131.30M	USD	Point-in-time
Cash and Cash Equivalents at End of Period	`CashAndCashEquivalentsAtCarryingValue`	$146.10M	USD	Point-in-time
Cash and Cash Equivalents at End of Period	`CashAndCashEquivalentsAtCarryingValue`	$117.90M	USD	Point-in-time
Income taxes paid, net of refunds	`IncomeTaxesPaid`	$2.30M	USD	3 Qtrs
Income taxes paid, net of refunds	`IncomeTaxesPaid`	$2.70M	USD	3 Qtrs

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