Company: CENX
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001628280-25-050200
Chunk: 38

Company: CENTURY ALUMINUM CO
Filing Date: 2025-11-06
Form: 10-Q
Item: Part I, Item 1
Chunk 38
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 shows the amount of net sales to external customers for each of the Company's product categories which accounted for 10% or more of consolidated net sales in either period for the three and nine months ended September 30, 2025 and 2024. Net SalesThree months endedSeptember 30,Nine months endedSeptember 30,2025202420252024Aluminum$573.5 $489.6 $1,677.9 $1,393.9 Alumina58.7 49.5 216.3 195.5 Total$632.2 $539.1 $1,894.2 $1,589.4 Our net sales are attributed to geographic area based on the location of the selling entity. Included in the consolidated financial statements are the following amounts related to geographic locations:Net Sales(1)Three months endedSeptember 30,Nine months endedSeptember 30, 2025202420252024United States$435.8 $336.3 $1,241.4 $1,011.2 Iceland196.4 202.8 652.8 578.2 Total Net sales$632.2 $539.1 $1,894.2 $1,589.4 (1)Includes sales of primary aluminum, scrap aluminum and alumina, and purchased aluminum and alumina.

4.    Income TaxesFor the three months ended September 30, 2025 and 2024, we recorded an income tax benefit of $1.1 million and an income tax expense of $2.0 million, respectively. For the nine months ended September 30, 2025 and 2024, we recorded an income tax benefit of $0.8 million and an income tax expense of $3.0 million, respectively. The change is primarily due to changes in pretax income amounts and jurisdictional mix on a year over year basis.Our income tax expense or benefit for interim periods is determined using an estimate of our annual effective tax rate, adjusted for discrete items. The application of the accounting requirements for income taxes in interim periods, after consideration of our valuation allowance on domestic losses, causes a significant variation in the typical relationship between income tax expense/benefit and pretax accounting income/loss as reported on the Consolidated Statements of Operations.As of September 30, 2025, all of Century's U.S. and certain foreign deferred tax assets, net