Company: CENX
Filing Date: 2025-03-03
Form Type: 10-K
Source: 0000949157-25-000024
Chunk: 153

Company: CENTURY ALUMINUM CO
Filing Date: 2025-03-03
Form: 10-K
Item: Item 8
Chunk 153
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 awards. The compensation cost is included as part of selling, general and administrative expenses and cost of goods sold in our Consolidated Statements of Operations.Year ended December 31,202420232022Share-based compensation (benefit) expense reported:   Performance-based share (benefit) expense$9.3 $2.0 $(5.0)Service-based share expense6.1 4.6 4.4 Total share-based compensation (benefit) expense before income tax15.4 6.6 (0.6)Income tax— — — Total share-based compensation (benefit) expense, net of income tax$15.4 $6.6 $(0.6)No share-based compensation cost was capitalized during these periods and there were no significant modifications of any share-based awards in 2024, 2023 and 2022. As of December 31, 2024, we had unrecognized compensation cost of $13.2 million before taxes. This cost will be recognized over a weighted average period of 1.7 years.

15.  Earnings Per Share

Basic EPS amounts are calculated by dividing net income (loss) allocated to common stockholders by the weighted average number of common shares outstanding. Diluted EPS amounts assume the issuance of common stock for all potentially dilutive common shares outstanding.The following table shows the basic and diluted earnings (loss) per share for 2024, 2023, and 2022:For the year ended December 31, 2024Net IncomeShares (in millions)Per ShareNet income attributable to Century stockholders$336.8 Less: net income allocated to participating securities17.9 Basic EPS:   Net income allocated to common stockholders$318.9 92.8 $3.44 Effect of Dilutive Securities(1):Share-based compensation— 1.0  Convertible senior notes 2.7 4.6 Diluted EPS:Net income allocated to common stockholders$321.6 98.4 $3.27 For the year ended December 31, 2023Net LossShares (in millions)Per ShareNet loss attributable to Century stockholders$(43.1)Amount allocated to common stockholders100 %Basic and Diluted EPS:(1)$(43.1)92.4 $(0.47)

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CENTURY ALUMINUM COMPANYNOTES TO THE CONSOLIDATED