Company: CENX
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0001628280-25-038882
Chunk: 41

Company: CENTURY ALUMINUM CO
Filing Date: 2025-08-07
Form: 10-Q
Item: Part I, Item 1
Chunk 41
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4, the Company recognized a reduction of $21.9 million and $10.7 million in Cost of goods sold and a reduction of $0.5 million and $0.5 million in Selling, general and administrative expenses, respectively, within the Consolidated Statements of Operations. Comparatively, for the six months ended June 30, 2025 and 2024, the Company recognized a reduction of $41.8 million and $22.6 million in Cost of goods sold and a reduction of $1.3 million and $1.2 million in Selling, general and administrative expenses, respectively, within the Consolidated Statements of Operations.

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Table of ContentsCENTURY ALUMINUM COMPANYCondensed Notes to the Consolidated Financial Statements (continued)(amounts in millions, except share and per share amounts)(Unaudited)

5.    Earnings Per ShareBasic earnings per share ("EPS") amounts are calculated by dividing earnings available to common stockholders by the weighted average number of common shares outstanding using the two-class method. Diluted EPS is calculated by dividing net income attributable to common shareholders by the weighted average number of common and dilutive common equivalent shares outstanding during the period. Dilutive common equivalent shares are calculated using the more dilutive of either the if-converted or two-class methods.The following table shows the basic and diluted earnings per share:For the three months ended June 30,20252024Net Income (Loss)Shares (in millions)$ Per ShareNet Income (Loss)Shares (in millions)$ Per ShareNet (loss) income attributable to Century stockholders$(4.6)$(2.5)Less: net income allocated to participating securities— — Basic EPS:Net (loss) income allocated to common stockholders$(4.6)93.3 $(0.05)$(2.5)92.7 $(0.03)Effect of Dilutive Securities(1):Share-based compensation— — — — Convertible senior notes— — — — Diluted EPS:Net (loss) income allocated to common stockholders$(4.6)93.3 $(0.05)$(2.5)92.7 $(0.03)For the six months ended June 30,20252024Net Income (Loss)Shares(in millions)Per ShareNet Income (Loss)Shares(in millions)Per ShareNet (loss) income attributable to Century stockholders