10-Q Filing

CENTURY ALUMINUM CO CIK: 949157 Q1 2011

Filing Information

Form Type	10-Q
Accession Number	`0000949157-11-000031`
Period End Date	20110331
Filing Date	20110510
Fiscal Year	2011
Fiscal Period	Q1
XBRL Instance	cenx-20110331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 80 Income Statement 46 Cash Flow Statement 62

Balance Sheet 80 line items

Line Item	Tag	Value	Unit	Period
Cash And Cash Equivalents At Carrying Value	`CashAndCashEquivalentsAtCarryingValue`	$304.30M	USD	Point-in-time
Cash And Cash Equivalents At Carrying Value	`CashAndCashEquivalentsAtCarryingValue`	$213.74M	USD	Point-in-time
Cash And Cash Equivalents At Carrying Value	`CashAndCashEquivalentsAtCarryingValue`	$293.49M	USD	Point-in-time
Cash And Cash Equivalents At Carrying Value	`CashAndCashEquivalentsAtCarryingValue`	$198.23M	USD	Point-in-time
Series A Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Series A Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$3.67M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$3.67M	USD	Point-in-time
Accounts receivable - net	`AccountsReceivableNetCurrent`	$43.90M	USD	Point-in-time
Accounts receivable - net	`AccountsReceivableNetCurrent`	$36.38M	USD	Point-in-time
Series A Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Series A Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Due from affiliates	`DueFromRelatedPartiesCurrent`	$51.01M	USD	Point-in-time
Series A Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	81,255.00	shares	Point-in-time
Due from affiliates	`DueFromRelatedPartiesCurrent`	$39.24M	USD	Point-in-time
Series A Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	82,515.00	shares	Point-in-time
Series A Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	81,255.00	shares	Point-in-time
Series A Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	82,515.00	shares	Point-in-time
Inventories	`InventoryNet`	$163.97M	USD	Point-in-time
Inventories	`InventoryNet`	$155.91M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Prepaid and other current assets	`PrepaidAndOtherCurrentAssets`	$18.29M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Prepaid and other current assets	`PrepaidAndOtherCurrentAssets`	$45.52M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	195.00M	shares	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	195.00M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$577.08M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$582.27M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	92.77M	shares	Point-in-time
Property, plant and equipment - net	`PropertyPlantAndEquipmentNet`	$1.25B	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	93.09M	shares	Point-in-time
Property, plant and equipment - net	`PropertyPlantAndEquipmentNet`	$1.26B	USD	Point-in-time
Due from affiliates - less current portion	`DueFromRelatedPartiesNoncurrent`	$7.17M	USD	Point-in-time
Due from affiliates - less current portion	`DueFromRelatedPartiesNoncurrent`	$6.05M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	92.77M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	93.09M	shares	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$85.20M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$82.95M	USD	Point-in-time
TOTAL	`Assets`	$1.92B	USD	Point-in-time
TOTAL	`Assets`	$1.92B	USD	Point-in-time
Accounts payable, trade	`AccountsPayableTradeCurrent`	$83.13M	USD	Point-in-time
Accounts payable, trade	`AccountsPayableTradeCurrent`	$88.00M	USD	Point-in-time
Due to affiliates	`DueToRelatedPartiesCurrent`	$45.38M	USD	Point-in-time
Due to affiliates	`DueToRelatedPartiesCurrent`	$42.66M	USD	Point-in-time
Accrued and other current liabilities	`AccruedLiabilitiesCurrent`	$41.49M	USD	Point-in-time
Accrued and other current liabilities	`AccruedLiabilitiesCurrent`	$46.53M	USD	Point-in-time
Accrued employee benefits costs - current portion	`EmployeeRelatedLiabilitiesCurrent`	$26.68M	USD	Point-in-time
Accrued employee benefits costs - current portion	`EmployeeRelatedLiabilitiesCurrent`	$15.98M	USD	Point-in-time
Convertible senior notes	`ConvertibleSeniorNotesPayable`	$45.48M	USD	Point-in-time
Convertible senior notes	`ConvertibleSeniorNotesPayable`	$46.07M	USD	Point-in-time
Industrial revenue bonds	`IndustrialRevenueBonds`	$7.82M	USD	Point-in-time
Industrial revenue bonds	`IndustrialRevenueBonds`	$7.82M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$242.20M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$254.86M	USD	Point-in-time
Senior notes payable	`SeniorLongTermNotes`	$248.76M	USD	Point-in-time
Senior notes payable	`SeniorLongTermNotes`	$248.53M	USD	Point-in-time
Accrued pension benefits costs - less current portion	`DefinedBenefitPensionPlanLiabilitiesNoncurrent`	$36.88M	USD	Point-in-time
Accrued pension benefits costs - less current portion	`DefinedBenefitPensionPlanLiabilitiesNoncurrent`	$37.80M	USD	Point-in-time
Accrued postretirement benefits costs - less current portion	`OtherPostretirementDefinedBenefitPlanLiabilitiesNoncurrent`	$103.74M	USD	Point-in-time
Accrued postretirement benefits costs - less current portion	`OtherPostretirementDefinedBenefitPlanLiabilitiesNoncurrent`	$103.71M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$37.61M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$34.94M	USD	Point-in-time
Deferred taxes	`DeferredTaxLiabilitiesNoncurrent`	$86.00M	USD	Point-in-time
Deferred taxes	`DeferredTaxLiabilitiesNoncurrent`	$85.99M	USD	Point-in-time
Total noncurrent liabilities	`LiabilitiesNoncurrent`	$510.29M	USD	Point-in-time
Total noncurrent liabilities	`LiabilitiesNoncurrent`	$513.68M	USD	Point-in-time
Series A Preferred stock (one cent par value, 5,000,000 shares authorized; 81,255 and 82,515 shares issued and outstanding at March 31, 2011 and December 31, 2010, respectively)	`PreferredStockValue`	$1.00K	USD	Point-in-time
Series A Preferred stock (one cent par value, 5,000,000 shares authorized; 81,255 and 82,515 shares issued and outstanding at March 31, 2011 and December 31, 2010, respectively)	`PreferredStockValue`	$1.00K	USD	Point-in-time
Common stock (one cent par value, 195,000,000 shares authorized; 93,094,226 and 92,771,864 shares issued and outstanding at March 31, 2011 and December 31, 2010, respectively)	`CommonStockValue`	$928.00K	USD	Point-in-time
Common stock (one cent par value, 195,000,000 shares authorized; 93,094,226 and 92,771,864 shares issued and outstanding at March 31, 2011 and December 31, 2010, respectively)	`CommonStockValue`	$931.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$2.50B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$2.50B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-61.33M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-49.98M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-1.28B	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-1.30B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$1.15B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$1.17B	USD	Point-in-time
TOTAL	`LiabilitiesAndStockholdersEquity`	$1.92B	USD	Point-in-time
TOTAL	`LiabilitiesAndStockholdersEquity`	$1.92B	USD	Point-in-time

Income Statement 46 line items

Line Item	Tag	Value	Unit	Period
Third-party customers	`SalesRevenueGoodsNet`	$192.93M	USD	1 Quarter
Third-party customers	`SalesRevenueGoodsNet`	$188.31M	USD	1 Quarter
Related parties	`RevenueFromRelatedParties`	$92.46M	USD	1 Quarter
Related parties	`RevenueFromRelatedParties`	$138.03M	USD	1 Quarter
Sales Revenue - net	`SalesRevenueNet`	$326.34M	USD	1 Quarter
Sales Revenue - net	`SalesRevenueNet`	$285.39M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsSold`	$251.41M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsSold`	$284.02M	USD	1 Quarter
Gross profit	`GrossProfit`	$42.32M	USD	1 Quarter
Gross profit	`GrossProfit`	$33.98M	USD	1 Quarter
Other operating expenses (income) - net	`OperatingCostsAndExpenses`	$-5.88M	USD	1 Quarter
Other operating expenses (income) - net	`OperatingCostsAndExpenses`	$4.46M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$10.61M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$12.25M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$17.26M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$37.59M	USD	1 Quarter
Interest expense - third party	`InterestExpense`	$6.40M	USD	1 Quarter
Interest expense - third party	`InterestExpense`	$6.78M	USD	1 Quarter
Interest income - third party	`InvestmentIncomeInterest`	$155.00K	USD	1 Quarter
Interest income - third party	`InvestmentIncomeInterest`	$101.00K	USD	1 Quarter
Interest income - related parties	`InvestmentIncomeRelatedParties`	$109.00K	USD	1 Quarter
Interest income - related parties	`InvestmentIncomeRelatedParties`	$113.00K	USD	1 Quarter
Net loss on forward contracts	`GainLossOnDerivativeInstrumentsNetPretax`	$-1.97M	USD	1 Quarter
Net loss on forward contracts	`GainLossOnDerivativeInstrumentsNetPretax`	$-4.81M	USD	1 Quarter
Other income - net	`OtherNonoperatingIncome`	$408.00K	USD	1 Quarter
Other income - net	`OtherNonoperatingIncome`	$677.00K	USD	1 Quarter
Income before income taxes and equity in earnings of joint ventures	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$26.95M	USD	1 Quarter
Income before income taxes and equity in earnings of joint ventures	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$9.51M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$4.28M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$3.12M	USD	1 Quarter
Income before equity in earnings of joint ventures	`IncomeLossAfterIncomeTaxesBeforeIncomeLossFromEquityMethodInvestments`	$5.23M	USD	1 Quarter
Income before equity in earnings of joint ventures	`IncomeLossAfterIncomeTaxesBeforeIncomeLossFromEquityMethodInvestments`	$23.83M	USD	1 Quarter
Equity in earnings of joint ventures	`IncomeLossFromEquityMethodInvestments`	$1.10M	USD	1 Quarter
Equity in earnings of joint ventures	`IncomeLossFromEquityMethodInvestments`	$1.22M	USD	1 Quarter
Net income	`NetIncomeLoss`	$6.33M	USD	1 Quarter
Net income	`NetIncomeLoss`	$25.05M	USD	1 Quarter
Net income allocated to common shareholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$5.81M	USD	1 Quarter
Net income allocated to common shareholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$23.00M	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.06	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.25	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.25	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.06	USD	1 Quarter
Basic	`WeightedAverageNumberOfSharesIssuedBasic`	92.97M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesIssuedBasic`	92.55M	shares	1 Quarter
Diluted	`WeightedAverageNumberDilutedSharesOutstandingAdjustment`	93.30M	shares	1 Quarter
Diluted	`WeightedAverageNumberDilutedSharesOutstandingAdjustment`	93.10M	shares	1 Quarter

Cash Flow Statement 62 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`NetIncomeLoss`	$6.33M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$25.05M	USD	1 Quarter
Unrealized net loss on forward contracts	`UnrealizedGainLossOnCommodityContracts`	$4.71M	USD	1 Quarter
Unrealized net loss on forward contracts	`UnrealizedGainLossOnCommodityContracts`	$1.85M	USD	1 Quarter
Unrealized net gain on contractual receivable	`Unrealizedgainlossoncontracttermination`	-	USD	1 Quarter
Unrealized net gain on contractual receivable	`Unrealizedgainlossoncontracttermination`	$-88.00K	USD	1 Quarter
Realized benefit on contractual receivable	`RealizedGainLossOnContractTermination`	-	USD	1 Quarter
Realized benefit on contractual receivable	`RealizedGainLossOnContractTermination`	$15.37M	USD	1 Quarter
Accrued and other plant curtailment costs - net	`PaymentsForCurtailment`	$-2.27M	USD	1 Quarter
Accrued and other plant curtailment costs - net	`PaymentsForCurtailment`	$-9.62M	USD	1 Quarter
Debt discount amortization	`AmortizationOfDebtDiscountPremium`	$821.00K	USD	1 Quarter
Debt discount amortization	`AmortizationOfDebtDiscountPremium`	$766.00K	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$15.78M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$15.93M	USD	1 Quarter
Lower of cost or market inventory adjustment	`InventoryWriteDown`	$-57.00K	USD	1 Quarter
Lower of cost or market inventory adjustment	`InventoryWriteDown`	$-139.00K	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	-	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$4.32M	USD	1 Quarter
Pension and other postretirement benefits	`PensionAndOtherPostretirementBenefitExpense`	$3.67M	USD	1 Quarter
Pension and other postretirement benefits	`PensionAndOtherPostretirementBenefitExpense`	$-11.06M	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$488.00K	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$1.28M	USD	1 Quarter
Undistributed earnings of joint ventures	`IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions`	$-1.22M	USD	1 Quarter
Undistributed earnings of joint ventures	`IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions`	$-1.10M	USD	1 Quarter
Accounts receivable - net	`IncreaseDecreaseInAccountsReceivable`	$7.52M	USD	1 Quarter
Accounts receivable - net	`IncreaseDecreaseInAccountsReceivable`	$2.31M	USD	1 Quarter
Due from affiliates	`IncreaseDecreaseInDueFromAffiliatesCurrent`	$8.77M	USD	1 Quarter
Due from affiliates	`IncreaseDecreaseInDueFromAffiliatesCurrent`	$-20.76M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$-7.92M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$-9.14M	USD	1 Quarter
Prepaid and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-29.90M	USD	1 Quarter
Prepaid and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$3.69M	USD	1 Quarter
Accounts payable, trade	`IncreaseDecreaseInAccountsPayableTrade`	$-4.73M	USD	1 Quarter
Accounts payable, trade	`IncreaseDecreaseInAccountsPayableTrade`	$-2.22M	USD	1 Quarter
Due to affiliates	`IncreaseDecreaseInDueToAffiliatesCurrent`	$-2.72M	USD	1 Quarter
Due to affiliates	`IncreaseDecreaseInDueToAffiliatesCurrent`	$6.60M	USD	1 Quarter
Accrued and other current liabilities	`IncreaseDecreaseInAccruedLiabilities`	$3.40M	USD	1 Quarter
Accrued and other current liabilities	`IncreaseDecreaseInAccruedLiabilities`	$1.42M	USD	1 Quarter
Other - net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-3.00M	USD	1 Quarter
Other - net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-6.09M	USD	1 Quarter
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-3.63M	USD	1 Quarter
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$21.66M	USD	1 Quarter
Purchase of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$3.13M	USD	1 Quarter
Purchase of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$972.00K	USD	1 Quarter
Nordural expansion	`PaymentsToAcquireProjects`	$4.68M	USD	1 Quarter
Nordural expansion	`PaymentsToAcquireProjects`	$4.05M	USD	1 Quarter
Investments in and advances to joint ventures	`PaymentsToAcquireInterestInJointVenture`	-	USD	1 Quarter
Investments in and advances to joint ventures	`PaymentsToAcquireInterestInJointVenture`	$10.00K	USD	1 Quarter
Restricted and other cash deposits	`IncreaseDecreaseInRestrictedCash`	$493.00K	USD	1 Quarter
Restricted and other cash deposits	`IncreaseDecreaseInRestrictedCash`	-	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-7.18M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-6.15M	USD	1 Quarter
CHANGE IN CASH AND CASH EQUIVALENTS	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-10.81M	USD	1 Quarter
CHANGE IN CASH AND CASH EQUIVALENTS	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$15.51M	USD	1 Quarter
Cash and cash equivalents, Beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$304.30M	USD	Point-in-time
Cash and cash equivalents, Beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$213.74M	USD	Point-in-time
Cash and cash equivalents, Beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$293.49M	USD	Point-in-time
Cash and cash equivalents, Beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$198.23M	USD	Point-in-time
Cash and cash equivalents, end of the period	`CashAndCashEquivalentsAtCarryingValue`	$304.30M	USD	Point-in-time
Cash and cash equivalents, end of the period	`CashAndCashEquivalentsAtCarryingValue`	$213.74M	USD	Point-in-time
Cash and cash equivalents, end of the period	`CashAndCashEquivalentsAtCarryingValue`	$293.49M	USD	Point-in-time
Cash and cash equivalents, end of the period	`CashAndCashEquivalentsAtCarryingValue`	$198.23M	USD	Point-in-time

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.