Company: LEU
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001628280-25-049844
Chunk: 53

Company: CENTRUS ENERGY CORP
Filing Date: 2025-11-06
Form: 10-Q
Item: Item 1
Chunk 53
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 income (loss)(16.6)(7.6)37.4 2.9 Nonoperating components of net periodic benefit loss (income)1.0 0.8 2.9 (15.4)Interest expense3.4 0.1 9.9 0.8 Investment income(12.9)(2.6)(28.2)(7.8)Extinguishment of long-term debt— — (11.8)— Other expense (income), net(0.1)— — 0.1 Income (loss) before income taxes(8.0)(5.9)64.6 25.2 Income tax expense (benefit)(11.9)(0.9)4.6 5.7 Net income (loss) and comprehensive income (loss)$3.9 $(5.0)$60.0 $19.5 Net income (loss) per share:   Basic$0.21 $(0.30)$3.40 $1.21    Diluted$0.19 $(0.30)$3.16 $1.20 Average number of common shares outstanding (in thousands):   Basic18,31716,42217,67216,172   Diluted20,67716,42218,96516,236

The accompanying notes are an integral part of these unaudited Consolidated Financial Statements.

11

CENTRUS ENERGY CORP.

CONSOLIDATED STATEMENTS OF CASH FLOWS

(Unaudited; in millions)Nine Months Ended September 30, 20252024OPERATING Net income$60.0 $19.5 Adjustments to reconcile net income to cash used in operating activities:Depreciation and amortization6.9 7.9 Deferred tax assets3.6 5.5 Gain on remeasurement of retirement benefit plans— (16.8)Equity-related compensation5.3 1.1 Revaluation of inventory borrowings4.1 3.7 Gain on extinguishment of 8.25% Notes(11.8)— Other reconciling adjustments, net2.1 — Changes in operating assets and liabilities:Accounts receivable19.2 30.3 Inventories(317.2)85.4 Inventories owed to customers and