Company: CENX
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0001628280-25-038882
Chunk: 27

Company: CENTURY ALUMINUM CO
Filing Date: 2025-08-07
Form: 10-Q
Item: Part I, Item 1
Chunk 27
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Item 1.  Financial Statements

CENTURY ALUMINUM COMPANYCONSOLIDATED STATEMENTS OF OPERATIONS(in millions, except per share amounts)(Unaudited)Three months endedJune 30,Six months endedJune 30,2025202420252024Net salesRelated parties$367.6 $324.2 $746.3 $639.2 Other customers260.5 236.6 515.7 411.1 Total net sales628.1 560.8 1,262.0 1,050.3 Cost of goods sold (1)591.9 540.4 1,165.2 1,013.4 Gross profit36.2 20.4 96.8 36.9 Selling, general and administrative expenses14.0 12.3 26.5 26.4 Other operating expenses - net1.5 1.7 3.5 2.2 Operating income20.7 6.4 66.8 8.3 Interest expense - nonaffiliates(9.8)(8.9)(19.8)(16.2)Interest expense - affiliates(1.9)(1.4)(3.7)(3.3)Interest income1.9 0.6 3.7 1.3 Net (loss) gain on forward and derivative contracts - nonaffiliates(15.6)(2.1)(21.0)0.9 Net (loss) gain on forward and derivative contracts - affiliates— (1.9)— 2.5 Bargain purchase gain— — — 245.9 Other (loss) income - net(5.7)1.1 (9.1)(0.4)(Loss) income before income taxes(10.4)(6.2)16.9 239.0 Income tax benefit (expense)1.3 (0.5)(0.3)(1.0)Net (loss) income(9.1)(6.7)16.6 238.0 Net loss attributable to noncontrolling interests(4.5)(4.2)(8.5)(6.3)Net (loss) income attributable to Century stockholders(4.6)(2.5)25.1 244.3 Less: net income allocated