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10-Q Filing

CENTRUS ENERGY CORP CIK: 1065059 Q1 2013
Filing Information
Form Type 10-Q
Accession Number 0001065059-13-000018
Period End Date 20130331
Filing Date 20130507
Fiscal Year 2013
Fiscal Period Q1
XBRL Instance usu-20130331.xml
Balance Sheet 57 line items
Line Item Tag Value Unit Period
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $72.30M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $37.60M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $71.90M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $292.90M USD Point-in-time
Restricted cash RestrictedCashAndCashEquivalents $15.10M USD Point-in-time
Accounts receivable, net AccountsReceivableNetCurrent $134.80M USD Point-in-time
Accounts receivable, net AccountsReceivableNetCurrent $153.20M USD Point-in-time
Inventories InventoryNet $1.06B USD Point-in-time
Inventories InventoryNet $1.59B USD Point-in-time
Deferred costs associated with deferred revenue OtherDeferredCostsNet $106.20M USD Point-in-time
Deferred costs associated with deferred revenue OtherDeferredCostsNet $116.80M USD Point-in-time
Other current assets PrepaidExpenseAndOtherAssetsCurrent $19.20M USD Point-in-time
Other current assets PrepaidExpenseAndOtherAssetsCurrent $22.20M USD Point-in-time
Total Current Assets AssetsCurrent $2.16B USD Point-in-time
Total Current Assets AssetsCurrent $1.43B USD Point-in-time
Property, Plant and Equipment, net PropertyPlantAndEquipmentNet $43.90M USD Point-in-time
Property, Plant and Equipment, net PropertyPlantAndEquipmentNet $51.00M USD Point-in-time
Deposits for surety bonds DepositsAssetsNoncurrent $22.30M USD Point-in-time
Deposits for surety bonds DepositsAssetsNoncurrent $22.60M USD Point-in-time
Goodwill Goodwill $6.80M USD Point-in-time
Goodwill Goodwill $6.80M USD Point-in-time
Other assets OtherAssetsNoncurrent $28.90M USD Point-in-time
Other assets OtherAssetsNoncurrent $29.40M USD Point-in-time
Total Other Long-Term Assets AssetsNoncurrent $58.50M USD Point-in-time
Total Other Long-Term Assets AssetsNoncurrent $51.50M USD Point-in-time
Total Assets Assets $2.27B USD Point-in-time
Total Assets Assets $1.52B USD Point-in-time
Accounts payable and accrued liabilities AccountsPayableAndAccruedLiabilitiesCurrent $139.00M USD Point-in-time
Accounts payable and accrued liabilities AccountsPayableAndAccruedLiabilitiesCurrent $145.80M USD Point-in-time
Payables under Russian Contract AccountsPayableCurrent $209.80M USD Point-in-time
Inventories owed to customers and suppliers InventoriesOwedToCustomersAndSuppliers $474.70M USD Point-in-time
Inventories owed to customers and suppliers InventoriesOwedToCustomersAndSuppliers $950.00M USD Point-in-time
Deferred revenue and advances from customers DeferredRevenueAndCreditsCurrent $156.80M USD Point-in-time
Deferred revenue and advances from customers DeferredRevenueAndCreditsCurrent $125.50M USD Point-in-time
Credit facility term loan ShortTermBankLoansAndNotesPayable $83.20M USD Point-in-time
Convertible preferred stock OtherLongTermDebtCurrent $100.50M USD Point-in-time
Convertible preferred stock OtherLongTermDebtCurrent $103.70M USD Point-in-time
Total Current Liabilities LiabilitiesCurrent $1.61B USD Point-in-time
Total Current Liabilities LiabilitiesCurrent $874.20M USD Point-in-time
Long-Term Debt LongTermDebtNoncurrent $530.00M USD Point-in-time
Long-Term Debt LongTermDebtNoncurrent $530.00M USD Point-in-time
Postretirement health and life benefit obligations OtherPostretirementDefinedBenefitPlanLiabilitiesNoncurrent $207.20M USD Point-in-time
Postretirement health and life benefit obligations OtherPostretirementDefinedBenefitPlanLiabilitiesNoncurrent $210.40M USD Point-in-time
Pension benefit liabilities DefinedBenefitPensionPlanLiabilitiesNoncurrent $322.40M USD Point-in-time
Pension benefit liabilities DefinedBenefitPensionPlanLiabilitiesNoncurrent $321.70M USD Point-in-time
Other liabilities OtherLiabilitiesNoncurrent $57.40M USD Point-in-time
Other liabilities OtherLiabilitiesNoncurrent $65.60M USD Point-in-time
Total Other Long-Term Liabilities LiabilitiesNoncurrent $594.50M USD Point-in-time
Total Other Long-Term Liabilities LiabilitiesNoncurrent $590.20M USD Point-in-time
Commitments and Contingencies (Note 14) CommitmentsAndContingencies - USD Point-in-time
Commitments and Contingencies (Note 14) CommitmentsAndContingencies - USD Point-in-time
Stockholders' Equity (Deficit) StockholdersEquity $728.90M USD Point-in-time
Stockholders' Equity (Deficit) StockholdersEquity $-469.60M USD Point-in-time
Stockholders' Equity (Deficit) StockholdersEquity $752.40M USD Point-in-time
Stockholders' Equity (Deficit) StockholdersEquity $-472.90M USD Point-in-time
Total Liabilities and Stockholders' Equity (Deficit) LiabilitiesAndStockholdersEquity $2.27B USD Point-in-time
Total Liabilities and Stockholders' Equity (Deficit) LiabilitiesAndStockholdersEquity $1.52B USD Point-in-time
Income Statement 46 line items
Line Item Tag Value Unit Period
Separative work units SeparativeWorkUnits $537.90M USD 1 Quarter
Separative work units SeparativeWorkUnits $290.20M USD 1 Quarter
Uranium Uranium $27.60M USD 1 Quarter
Contract services revenue ContractsRevenue $4.10M USD 1 Quarter
Contract services revenue ContractsRevenue $2.60M USD 1 Quarter
Total revenue Revenues $542.00M USD 1 Quarter
Total revenue Revenues $320.40M USD 1 Quarter
Separative work units and uranium CostOfGoodsSold $501.20M USD 1 Quarter
Separative work units and uranium CostOfGoodsSold $303.80M USD 1 Quarter
Contract services costs ContractRevenueCost $4.10M USD 1 Quarter
Contract services costs ContractRevenueCost $3.30M USD 1 Quarter
Total cost of sales CostOfRevenue $307.10M USD 1 Quarter
Total cost of sales CostOfRevenue $505.30M USD 1 Quarter
Gross profit GrossProfit $36.70M USD 1 Quarter
Gross profit GrossProfit $13.30M USD 1 Quarter
Advanced technology costs ResearchAndDevelopmentExpense $36.70M USD 1 Quarter
Advanced technology costs ResearchAndDevelopmentExpense $59.30M USD 1 Quarter
Selling, general and administrative SellingGeneralAndAdministrativeExpense $12.90M USD 1 Quarter
Selling, general and administrative SellingGeneralAndAdministrativeExpense $13.60M USD 1 Quarter
Special charge for workforce reductions and advisory costs RestructuringCharges $2.40M USD 1 Quarter
Special charge for workforce reductions and advisory costs RestructuringCharges $6.40M USD 1 Quarter
Other (income) OtherOperatingIncome $47.60M USD 1 Quarter
Operating (loss) OperatingIncomeLoss $-13.70M USD 1 Quarter
Operating (loss) OperatingIncomeLoss $-20.00M USD 1 Quarter
Interest expense InterestExpenseDebt $12.70M USD 1 Quarter
Interest expense InterestExpenseDebt $13.30M USD 1 Quarter
Interest (income) InvestmentIncomeInterest $300.00K USD 1 Quarter
Interest (income) InvestmentIncomeInterest $100.00K USD 1 Quarter
(Loss) from continuing operations before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $-32.60M USD 1 Quarter
(Loss) from continuing operations before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $-26.70M USD 1 Quarter
Provision (benefit) for income taxes IncomeTaxExpenseBenefit $-3.30M USD 1 Quarter
Provision (benefit) for income taxes IncomeTaxExpenseBenefit $-3.00M USD 1 Quarter
Net (loss) from continuing operations IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest $-23.70M USD 1 Quarter
Net (loss) from continuing operations IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest $-29.30M USD 1 Quarter
Net income from discontinued operations IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity $500.00K USD 1 Quarter
Net income from discontinued operations IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity $21.70M USD 1 Quarter
Net (loss) NetIncomeLoss $-1.20B USD Annual
Net (loss) NetIncomeLoss $-28.80M USD 1 Quarter
Net (loss) NetIncomeLoss $-2.00M USD 1 Quarter
Net (loss) NetIncomeLoss $-491.10M USD Annual
Net (loss) per share from continuing operations - basic and diluted IncomeLossFromContinuingOperationsPerBasicAndDilutedShare $-0.24 USD 1 Quarter
Net (loss) per share from continuing operations - basic and diluted IncomeLossFromContinuingOperationsPerBasicAndDilutedShare $-0.19 USD 1 Quarter
Net (loss) per share - basic and diluted EarningsPerShareBasicAndDiluted $-0.24 USD 1 Quarter
Net (loss) per share - basic and diluted EarningsPerShareBasicAndDiluted $-0.02 USD 1 Quarter
Weighted average number of shares outstanding - basic and diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted 122.30M shares 1 Quarter
Weighted average number of shares outstanding - basic and diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted 123.10M shares 1 Quarter
Cash Flow Statement 57 line items
Line Item Tag Value Unit Period
Net (loss) NetIncomeLoss $-1.20B USD Annual
Net (loss) NetIncomeLoss $-28.80M USD 1 Quarter
Net (loss) NetIncomeLoss $-2.00M USD 1 Quarter
Net (loss) NetIncomeLoss $-491.10M USD Annual
Depreciation and amortization DepreciationDepletionAndAmortization $10.20M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $9.40M USD 1 Quarter
Deferred income taxes DeferredIncomeTaxExpenseBenefit $-2.60M USD 1 Quarter
Deferred income taxes DeferredIncomeTaxExpenseBenefit $-2.30M USD 1 Quarter
Convertible preferred stock dividends payable-in-kind OtherNoncashIncomeExpense $3.20M USD 1 Quarter
Convertible preferred stock dividends payable-in-kind OtherNoncashIncomeExpense $2.90M USD 1 Quarter
Gain on sale of subsidiary GainLossOnSaleOfBusiness $-35.60M USD 1 Quarter
Accounts receivable - (increase) decrease IncreaseDecreaseInAccountsReceivable $36.00M USD 1 Quarter
Accounts receivable - (increase) decrease IncreaseDecreaseInAccountsReceivable $15.10M USD 1 Quarter
Inventories, net - (increase) decrease IncreaseDecreaseInInventories $-347.80M USD 1 Quarter
Inventories, net - (increase) decrease IncreaseDecreaseInInventories $-57.10M USD 1 Quarter
Payables under Russian Contract - increase (decrease) IncreaseDecreaseInAccountsPayableTrade $-209.80M USD 1 Quarter
Payables under Russian Contract - increase (decrease) IncreaseDecreaseInAccountsPayableTrade $-206.90M USD 1 Quarter
Deferred revenue, net of deferred costs - increase (decrease) IncreaseDecreaseInDeferredRevenue $41.90M USD 1 Quarter
Deferred revenue, net of deferred costs - increase (decrease) IncreaseDecreaseInDeferredRevenue $-1.60M USD 1 Quarter
Accounts payable and other liabilities - increase (decrease) IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $2.30M USD 1 Quarter
Accounts payable and other liabilities - increase (decrease) IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $-3.40M USD 1 Quarter
Accrued depleted uranium disposition - increase (decrease) IncreaseDecreaseInOtherAccruedLiabilities $-45.20M USD 1 Quarter
Restricted cash - (increase) IncreaseDecreaseInRestrictedCashAndInvestmentsForOperatingActivities $-15.10M USD 1 Quarter
Other, net IncreaseDecreaseInOtherOperatingCapitalNet $-5.30M USD 1 Quarter
Other, net IncreaseDecreaseInOtherOperatingCapitalNet $3.30M USD 1 Quarter
Net Cash Provided by (Used In) Operating Activities NetCashProvidedByUsedInOperatingActivities $-175.30M USD 1 Quarter
Net Cash Provided by (Used In) Operating Activities NetCashProvidedByUsedInOperatingActivities $47.70M USD 1 Quarter
Capital expenditures PaymentsToAcquireProductiveAssets $2.90M USD 1 Quarter
Deposits for surety bonds IncreaseDecreaseInRestrictedCash $300.00K USD 1 Quarter
Proceeds from sale of subsidiary ProceedsFromDivestitureOfBusinesses $39.90M USD 1 Quarter
Proceeds from sale of subsidiary ProceedsFromDivestitureOfBusinesses $43.20M USD 2 Qtrs
Proceeds from sale of subsidiary ProceedsFromDivestitureOfBusinesses $3.30M USD 1 Quarter
Net Cash Provided By (Used in) Investing Activities NetCashProvidedByUsedInInvestingActivities $-2.90M USD 1 Quarter
Net Cash Provided By (Used in) Investing Activities NetCashProvidedByUsedInInvestingActivities $39.60M USD 1 Quarter
Borrowings under revovling credit facility ProceedsFromLinesOfCredit $96.50M USD 1 Quarter
Repayments under revolving credit facility RepaymentsOfLinesOfCredit $96.50M USD 1 Quarter
Repayment of credit facility term loan RepaymentsOfDebtMaturingInMoreThanThreeMonths $83.20M USD 1 Quarter
Payments for deferred financing costs PaymentsOfFinancingCosts $9.70M USD 1 Quarter
Payments for deferred financing costs PaymentsOfFinancingCosts $2.00M USD 1 Quarter
Common stock issued (purchased), net ProceedsFromRepurchaseOfEquity $-100.00K USD 1 Quarter
Common stock issued (purchased), net ProceedsFromRepurchaseOfEquity $-400.00K USD 1 Quarter
Net Cash (Used in) Financing Activities NetCashProvidedByUsedInFinancingActivities $-10.10M USD 1 Quarter
Net Cash (Used in) Financing Activities NetCashProvidedByUsedInFinancingActivities $-85.30M USD 1 Quarter
Net Increase (Decrease) CashAndCashEquivalentsPeriodIncreaseDecrease $34.70M USD 1 Quarter
Net Increase (Decrease) CashAndCashEquivalentsPeriodIncreaseDecrease $-221.00M USD 1 Quarter
Cash and Cash Equivalents at Beginning of Period CashAndCashEquivalentsAtCarryingValue $72.30M USD Point-in-time
Cash and Cash Equivalents at Beginning of Period CashAndCashEquivalentsAtCarryingValue $37.60M USD Point-in-time
Cash and Cash Equivalents at Beginning of Period CashAndCashEquivalentsAtCarryingValue $71.90M USD Point-in-time
Cash and Cash Equivalents at Beginning of Period CashAndCashEquivalentsAtCarryingValue $292.90M USD Point-in-time
Cash and Cash Equivalents at End of Period CashAndCashEquivalentsAtCarryingValue $72.30M USD Point-in-time
Cash and Cash Equivalents at End of Period CashAndCashEquivalentsAtCarryingValue $37.60M USD Point-in-time
Cash and Cash Equivalents at End of Period CashAndCashEquivalentsAtCarryingValue $71.90M USD Point-in-time
Cash and Cash Equivalents at End of Period CashAndCashEquivalentsAtCarryingValue $292.90M USD Point-in-time
Interest paid InterestPaidNet $3.20M USD 1 Quarter
Interest paid InterestPaidNet $3.00M USD 1 Quarter
Income taxes paid, net of refunds IncomeTaxesPaid $300.00K USD 1 Quarter
Income taxes paid, net of refunds IncomeTaxesPaid $400.00K USD 1 Quarter
Stockholders Equity 16 line items
Line Item Tag Value Unit Period
Beginning Balance StockholdersEquity $728.90M USD Point-in-time
Beginning Balance StockholdersEquity $-469.60M USD Point-in-time
Beginning Balance StockholdersEquity $752.40M USD Point-in-time
Beginning Balance StockholdersEquity $-472.90M USD Point-in-time
Other comprehensive income, net of tax (Note 15) OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax $4.40M USD 1 Quarter
Other comprehensive income, net of tax (Note 15) OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax $4.10M USD 1 Quarter
Restricted and other common stock issued, net of amortization StockIssuedDuringPeriodValueShareBasedCompensation $1.20M USD 1 Quarter
Restricted and other common stock issued, net of amortization StockIssuedDuringPeriodValueShareBasedCompensation $900.00K USD 1 Quarter
Net (loss) NetIncomeLoss $-1.20B USD Annual
Net (loss) NetIncomeLoss $-28.80M USD 1 Quarter
Net (loss) NetIncomeLoss $-2.00M USD 1 Quarter
Net (loss) NetIncomeLoss $-491.10M USD Annual
Ending Balance StockholdersEquity $728.90M USD Point-in-time
Ending Balance StockholdersEquity $-469.60M USD Point-in-time
Ending Balance StockholdersEquity $752.40M USD Point-in-time
Ending Balance StockholdersEquity $-472.90M USD Point-in-time
Comprehensive Income 16 line items
Line Item Tag Value Unit Period
Net (loss) NetIncomeLoss $-1.20B USD Annual
Net (loss) NetIncomeLoss $-28.80M USD 1 Quarter
Net (loss) NetIncomeLoss $-2.00M USD 1 Quarter
Net (loss) NetIncomeLoss $-491.10M USD Annual
Amortization of actuarial (gains) losses, net OtherComprehensiveIncomeReclassificationOfDefinedBenefitPlansNetGainLossRecognizedInNetPeriodicBenefitCostBeforeTax $6.80M USD 1 Quarter
Amortization of actuarial (gains) losses, net OtherComprehensiveIncomeReclassificationOfDefinedBenefitPlansNetGainLossRecognizedInNetPeriodicBenefitCostBeforeTax $6.00M USD 1 Quarter
Amortization of prior service costs OtherComprehensiveIncomeLossAmortizationPensionAndOtherPostretirementBenefitPlansNetPriorServiceCostRecognizedInNetPeriodicBenefitCostBeforeTax $-200.00K USD 1 Quarter
Amortization of prior service costs OtherComprehensiveIncomeLossAmortizationPensionAndOtherPostretirementBenefitPlansNetPriorServiceCostRecognizedInNetPeriodicBenefitCostBeforeTax $-400.00K USD 1 Quarter
Other comprehensive income, before tax OtherComprehensiveIncomeLossBeforeTax $7.00M USD 1 Quarter
Other comprehensive income, before tax OtherComprehensiveIncomeLossBeforeTax $6.40M USD 1 Quarter
Income tax expense related to items of other comprehensive income OtherComprehensiveIncomeLossTax $2.30M USD 1 Quarter
Income tax expense related to items of other comprehensive income OtherComprehensiveIncomeLossTax $2.60M USD 1 Quarter
Other comprehensive income, net of tax OtherComprehensiveIncomeLossNetOfTax $4.10M USD 1 Quarter
Other comprehensive income, net of tax OtherComprehensiveIncomeLossNetOfTax $4.40M USD 1 Quarter
Comprehensive income (loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $2.40M USD 1 Quarter
Comprehensive income (loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $-24.70M USD 1 Quarter

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

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