Company: CENX
Filing Date: 2025-05-08
Form Type: 10-Q
Source: 0000949157-25-000035
Chunk: 24

Company: CENTURY ALUMINUM CO
Filing Date: 2025-05-08
Form: 10-Q
Item: Part I, Item 1
Chunk 24
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 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 March 31,20252024Net Income (Loss)Shares(in millions)Per ShareNet Income (Loss)Shares(in millions)Per ShareNet income attributable to Century stockholders$29.7 $246.8 Less: net income allocated to participating securities1.5 13.2 Basic EPS:Net income allocated to common stockholders$28.2 93.3 $0.30 $233.6 92.7 $2.52 Effect of Dilutive Securities(1):Share-based compensation— 1.3 (12.7)1.4 Convertible senior notes0.7 4.6 1.9 4.6 Diluted EPS:Net income allocated to common stockholders$28.9 99.2 $0.29 $222.8 98.7 $2.26 Three months endedMarch 31,Securities excluded from the calculation of diluted EPS (in millions)(1):20252024Share-based compensation0.7 — Convertible preferred shares5.0 5.2 (1)In periods when we report a net loss, all share-based compensation awards, convertible preferred shares and convertible senior notes are excluded from the calculation of diluted weighted average shares outstanding because of their anti-dilutive effect on earnings (loss) per share.

6.    Accumulated Other Comprehensive Loss ("AOCL")Components of AOCL:March 31, 2025December 31, 2024Defined benefit plan liabilities$(105.2)$(107.0)Unrealized gain on financial instruments1.3 1.4 Other comprehensive loss before income tax effect(103.9)(105.6)Income tax effect(1)2.3 2.3 Accumulated other comprehensive loss$(101.6)$(103.3)(1)The allocation of the income tax effect to the components of other comprehensive loss is as follows:March 31, 2025December 31, 2024Defined benefit plan liabilities$2.6 $2.6 Unrealized gain on financial instruments(0.3)(0.3)