Company: LEU
Filing Date: 2025-08-06
Form Type: 10-Q
Source: 0001065059-25-000058
Chunk: 46

Company: CENTRUS ENERGY CORP
Filing Date: 2025-08-06
Form: 10-Q
Item: Item 1
Chunk 46
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10.5 Nonoperating components of net periodic benefit loss1.0 (16.3)1.9 (16.2)Interest expense3.1 0.3 6.5 0.7 Investment income(8.0)(2.4)(15.3)(5.2)Extinguishment of long-term debt— — (11.8)— Other expense, net— — 0.1 0.1 Income before income taxes37.4 39.5 72.6 31.1 Income tax expense8.5 8.9 16.5 6.6 Net income and comprehensive income$28.9 $30.6 $56.1 $24.5 Net income per share:   Basic$1.63 $1.89 $3.23 $1.53    Diluted$1.59 $1.89 $3.22 $1.52 Average number of common shares outstanding (in thousands):   Basic17,70316,18517,34416,045   Diluted18,12116,22617,40616,125

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)Six Months Ended June 30, 20252024OPERATING Net income$56.1 $24.5 Adjustments to reconcile net income to cash used in operating activities:Depreciation and amortization5.4 5.2 Deferred tax assets15.5 6.3 Gain on remeasurement of retirement benefit plans— (16.6)Equity related compensation4.7 0.7 Revaluation of inventory borrowings3.6 1.8 Gain on extinguishment of 8.25% Notes(11.8)— Other reconciling adjustments, net1.3 0.1 Changes in operating assets and liabilities:Accounts receivable48.6 14.9 Inventories(221.5)80.8 Inventories owed to customers and suppliers111.2 (83.2)Other current assets1.3 — Accounts payable and other liabilities(6.1)(7.