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10-Q Filing

CENTURY ALUMINUM CO CIK: 949157 Q1 2016
Filing Information
Form Type 10-Q
Accession Number 0000949157-16-000197
Period End Date 20160331
Filing Date 20160506
Fiscal Year 2016
Fiscal Period Q1
XBRL Instance cenx-20160331.xml
Filing Contents
Balance Sheet 66 line items
Line Item Tag Value Unit Period
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $163.24M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $126.46M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $226.43M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $115.39M USD Point-in-time
Restricted cash RestrictedCashAndCashEquivalents $795.00K USD Point-in-time
Restricted cash RestrictedCashAndCashEquivalents $791.00K USD Point-in-time
Accounts receivable - net AccountsReceivableNetCurrent $9.47M USD Point-in-time
Accounts receivable - net AccountsReceivableNetCurrent $12.67M USD Point-in-time
Due from affiliates DueFromRelatedPartiesCurrent $15.48M USD Point-in-time
Due from affiliates DueFromRelatedPartiesCurrent $17.42M USD Point-in-time
Inventories InventoryNet $231.87M USD Point-in-time
Inventories InventoryNet $220.50M USD Point-in-time
Prepaid and other current assets PrepaidExpenseAndOtherAssetsCurrent $42.41M USD Point-in-time
Prepaid and other current assets PrepaidExpenseAndOtherAssetsCurrent $29.62M USD Point-in-time
Assets held for sale AssetsHeldForSaleNotPartOfDisposalGroupCurrent $29.71M USD Point-in-time
Assets held for sale AssetsHeldForSaleNotPartOfDisposalGroupCurrent $30.70M USD Point-in-time
Total current assets AssetsCurrent $435.24M USD Point-in-time
Total current assets AssetsCurrent $448.06M USD Point-in-time
Property, plant and equipment - net PropertyPlantAndEquipmentNet $1.23B USD Point-in-time
Property, plant and equipment - net PropertyPlantAndEquipmentNet $1.22B USD Point-in-time
Other assets OtherAssetsNoncurrent $72.16M USD Point-in-time
Other assets OtherAssetsNoncurrent $73.14M USD Point-in-time
TOTAL Assets $1.75B USD Point-in-time
TOTAL Assets $1.72B USD Point-in-time
Accounts payable, trade AccountsPayableTradeCurrent $90.49M USD Point-in-time
Accounts payable, trade AccountsPayableTradeCurrent $84.59M USD Point-in-time
Due to affiliates DueToRelatedPartiesCurrent $6.17M USD Point-in-time
Due to affiliates DueToRelatedPartiesCurrent $10.04M USD Point-in-time
Accrued and other current liabilities AccruedLiabilitiesCurrent $48.82M USD Point-in-time
Accrued and other current liabilities AccruedLiabilitiesCurrent $50.17M USD Point-in-time
Accrued employee benefits costs PensionAndOtherPostretirementDefinedBenefitPlansCurrentLiabilities $10.15M USD Point-in-time
Accrued employee benefits costs PensionAndOtherPostretirementDefinedBenefitPlansCurrentLiabilities $10.05M 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 $158.80M USD Point-in-time
Total current liabilities LiabilitiesCurrent $167.32M USD Point-in-time
Senior notes payable SeniorLongTermNotes $247.28M USD Point-in-time
Senior notes payable SeniorLongTermNotes $247.38M USD Point-in-time
Accrued pension benefits costs - less current portion DefinedBenefitPensionPlanLiabilitiesNoncurrent $44.00M USD Point-in-time
Accrued pension benefits costs - less current portion DefinedBenefitPensionPlanLiabilitiesNoncurrent $43.44M USD Point-in-time
Accrued postretirement benefits costs - less current portion OtherPostretirementDefinedBenefitPlanLiabilitiesNoncurrent $126.00M USD Point-in-time
Accrued postretirement benefits costs - less current portion OtherPostretirementDefinedBenefitPlanLiabilitiesNoncurrent $125.94M USD Point-in-time
Other liabilities OtherLiabilitiesNoncurrent $53.01M USD Point-in-time
Other liabilities OtherLiabilitiesNoncurrent $51.80M USD Point-in-time
Deferred taxes DeferredTaxLiabilitiesNoncurrent $93.40M USD Point-in-time
Deferred taxes DeferredTaxLiabilitiesNoncurrent $96.99M USD Point-in-time
Total noncurrent liabilities LiabilitiesNoncurrent $567.28M USD Point-in-time
Total noncurrent liabilities LiabilitiesNoncurrent $561.96M USD Point-in-time
COMMITMENTS AND CONTINGENCIES CommitmentsAndContingencies - USD Point-in-time
COMMITMENTS AND CONTINGENCIES CommitmentsAndContingencies - USD Point-in-time
Preferred stock PreferredStockValue $1.00K USD Point-in-time
Preferred stock PreferredStockValue $1.00K USD Point-in-time
Common stock CommonStockValue $942.00K USD Point-in-time
Common stock CommonStockValue $942.00K USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $2.51B USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $2.51B USD Point-in-time
Treasury stock, at cost TreasuryStockValue $86.28M USD Point-in-time
Treasury stock, at cost TreasuryStockValue $86.28M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-112.65M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-111.83M USD Point-in-time
Accumulated deficit RetainedEarningsAccumulatedDeficit $-1.31B USD Point-in-time
Accumulated deficit RetainedEarningsAccumulatedDeficit $-1.30B USD Point-in-time
Total shareholders equity StockholdersEquity $1.00B USD Point-in-time
Total shareholders equity StockholdersEquity $1.02B USD Point-in-time
TOTAL LiabilitiesAndStockholdersEquity $1.75B USD Point-in-time
TOTAL LiabilitiesAndStockholdersEquity $1.72B USD Point-in-time
Income Statement 44 line items
Line Item Tag Value Unit Period
Related parties RevenueFromRelatedParties $280.38M USD 1 Quarter
Related parties RevenueFromRelatedParties $575.73M USD 1 Quarter
Third-party customers SalesRevenueGoodsNet $12.18M USD 1 Quarter
Third-party customers SalesRevenueGoodsNet $38.48M USD 1 Quarter
Total net sales SalesRevenueNet $318.85M USD 1 Quarter
Total net sales SalesRevenueNet $587.91M USD 1 Quarter
Cost of goods sold CostOfGoodsSold $321.91M USD 1 Quarter
Cost of goods sold CostOfGoodsSold $493.82M USD 1 Quarter
Gross profit (loss) GrossProfit $94.09M USD 1 Quarter
Gross profit (loss) GrossProfit $-3.05M USD 1 Quarter
Selling, general and administrative expenses SellingGeneralAndAdministrativeExpense $11.97M USD 1 Quarter
Selling, general and administrative expenses SellingGeneralAndAdministrativeExpense $9.62M USD 1 Quarter
Other operating expense - net OtherOperatingIncomeExpenseNet $-2.08M USD 1 Quarter
Other operating expense - net OtherOperatingIncomeExpenseNet $-881.00K USD 1 Quarter
Operating income (loss) OperatingIncomeLoss $-13.56M USD 1 Quarter
Operating income (loss) OperatingIncomeLoss $80.05M USD 1 Quarter
Interest expense InterestExpense $5.55M USD 1 Quarter
Interest expense InterestExpense $5.49M USD 1 Quarter
Interest income InterestIncomeOther $142.00K USD 1 Quarter
Interest income InterestIncomeOther $114.00K USD 1 Quarter
Net gain on forward and derivative contracts GainLossOnDerivativeInstrumentsNetPretax $353.00K USD 1 Quarter
Net gain on forward and derivative contracts GainLossOnDerivativeInstrumentsNetPretax $353.00K USD 1 Quarter
Unrealized gain on fair value of contingent consideration BusinessCombinationSeparatelyRecognizedTransactionsRevenuesAndGainsRecognized $6.53M USD 1 Quarter
Unrealized gain on fair value of contingent consideration BusinessCombinationSeparatelyRecognizedTransactionsRevenuesAndGainsRecognized - USD 1 Quarter
Other income (expense) - net OtherNonoperatingIncomeExpense $1.05M USD 1 Quarter
Other income (expense) - net OtherNonoperatingIncomeExpense $-6.00K USD 1 Quarter
Income (loss) before income taxes and equity in earnings of joint ventures IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $82.57M USD 1 Quarter
Income (loss) before income taxes and equity in earnings of joint ventures IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $-18.59M USD 1 Quarter
Income tax benefit (expense) IncomeTaxExpenseBenefit $-2.07M USD 1 Quarter
Income tax benefit (expense) IncomeTaxExpenseBenefit $9.30M USD 1 Quarter
Income (loss) before equity in earnings of joint ventures IncomeLossAfterIncomeTaxesBeforeIncomeLossFromEquityMethodInvestments $73.27M USD 1 Quarter
Income (loss) before equity in earnings of joint ventures IncomeLossAfterIncomeTaxesBeforeIncomeLossFromEquityMethodInvestments $-16.52M USD 1 Quarter
Equity in earnings of joint ventures IncomeLossFromEquityMethodInvestments $357.00K USD 1 Quarter
Equity in earnings of joint ventures IncomeLossFromEquityMethodInvestments $510.00K USD 1 Quarter
Net income (loss) NetIncomeLoss $-16.16M USD 1 Quarter
Net income (loss) NetIncomeLoss $73.78M USD 1 Quarter
Net income (loss) allocated to common stockholders NetIncomeLossAvailableToCommonStockholdersBasic $67.81M USD 1 Quarter
Net income (loss) allocated to common stockholders NetIncomeLossAvailableToCommonStockholdersBasic $-16.16M USD 1 Quarter
Basic and Diluted (in dollars per share) EarningsPerShareBasicAndDiluted $-0.19 USD 1 Quarter
Basic and Diluted (in dollars per share) EarningsPerShareBasicAndDiluted $0.76 USD 1 Quarter
Basic (shares) WeightedAverageNumberOfSharesOutstandingBasic 87.04M shares 1 Quarter
Basic (shares) WeightedAverageNumberOfSharesOutstandingBasic 88.81M shares 1 Quarter
Diluted (shares) WeightedAverageNumberOfDilutedSharesOutstanding 89.37M shares 1 Quarter
Diluted (shares) WeightedAverageNumberOfDilutedSharesOutstanding 87.04M shares 1 Quarter
Cash Flow Statement 61 line items
Line Item Tag Value Unit Period
Net income (loss) NetIncomeLoss $-16.16M USD 1 Quarter
Net income (loss) NetIncomeLoss $73.78M USD 1 Quarter
Unrealized gain on fair value of contingent consideration BusinessCombinationSeparatelyRecognizedTransactionsRevenuesAndGainsRecognized $6.53M USD 1 Quarter
Unrealized gain on fair value of contingent consideration BusinessCombinationSeparatelyRecognizedTransactionsRevenuesAndGainsRecognized - USD 1 Quarter
Unrealized gain on E.ON contingent obligation UnrealizedGainLossOnEOnObligation $353.00K USD 1 Quarter
Unrealized gain on E.ON contingent obligation UnrealizedGainLossOnEOnObligation $353.00K USD 1 Quarter
Lower of cost or market inventory adjustment InventoryWriteDown - USD 1 Quarter
Lower of cost or market inventory adjustment InventoryWriteDown $-5.78M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $18.13M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $21.26M USD 1 Quarter
Pension and other postretirement benefits PensionAndOtherPostretirementBenefitExpense $632.00K USD 1 Quarter
Pension and other postretirement benefits PensionAndOtherPostretirementBenefitExpense $-984.00K USD 1 Quarter
Deferred income taxes IncreaseDecreaseInDeferredIncomeTaxes $-8.85M USD 1 Quarter
Deferred income taxes IncreaseDecreaseInDeferredIncomeTaxes $3.59M USD 1 Quarter
Stock-based compensation ShareBasedCompensation $321.00K USD 1 Quarter
Stock-based compensation ShareBasedCompensation $405.00K USD 1 Quarter
Equity in earnings of joint ventures IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions $357.00K USD 1 Quarter
Equity in earnings of joint ventures IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions $510.00K USD 1 Quarter
Accounts receivable - net IncreaseDecreaseInAccountsReceivable $3.19M USD 1 Quarter
Accounts receivable - net IncreaseDecreaseInAccountsReceivable $-72.70M USD 1 Quarter
Due from affiliates IncreaseDecreaseInDueFromRelatedPartiesCurrent $53.56M USD 1 Quarter
Due from affiliates IncreaseDecreaseInDueFromRelatedPartiesCurrent $-1.94M USD 1 Quarter
Inventories IncreaseDecreaseInInventories $14.34M USD 1 Quarter
Inventories IncreaseDecreaseInInventories $-17.65M USD 1 Quarter
Prepaid and other current assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets $-5.96M USD 1 Quarter
Prepaid and other current assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets $-14.29M USD 1 Quarter
Accounts payable, trade IncreaseDecreaseInAccountsPayableTrade $-18.51M USD 1 Quarter
Accounts payable, trade IncreaseDecreaseInAccountsPayableTrade $-5.98M USD 1 Quarter
Due to affiliates IncreaseDecreaseInDueToRelatedPartiesCurrent $27.77M USD 1 Quarter
Due to affiliates IncreaseDecreaseInDueToRelatedPartiesCurrent $-5.37M USD 1 Quarter
Accrued and other current liabilities IncreaseDecreaseInAccruedLiabilities $1.25M USD 1 Quarter
Accrued and other current liabilities IncreaseDecreaseInAccruedLiabilities $2.87M USD 1 Quarter
Other - net IncreaseDecreaseInOtherOperatingCapitalNet $1.65M USD 1 Quarter
Other - net IncreaseDecreaseInOtherOperatingCapitalNet $-568.00K USD 1 Quarter
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $14.90M USD 1 Quarter
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $116.27M USD 1 Quarter
Purchase of property, plant and equipment PaymentsToAcquirePropertyPlantAndEquipment $12.63M USD 1 Quarter
Purchase of property, plant and equipment PaymentsToAcquirePropertyPlantAndEquipment $3.83M USD 1 Quarter
Restricted and other cash deposits IncreaseDecreaseInRestrictedCash $21.01M USD 1 Quarter
Restricted and other cash deposits IncreaseDecreaseInRestrictedCash - USD 1 Quarter
Restricted and other cash deposits IncreaseDecreaseInRestrictedCash $-21.00M USD Point-in-time
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-3.83M USD 1 Quarter
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-33.64M USD 1 Quarter
Borrowings under revolving credit facilities ProceedsFromLinesOfCredit $371.00K USD 1 Quarter
Borrowings under revolving credit facilities ProceedsFromLinesOfCredit $455.00K USD 1 Quarter
Repayments under revolving credit facilities RepaymentsOfLinesOfCredit $455.00K USD 1 Quarter
Repayments under revolving credit facilities RepaymentsOfLinesOfCredit $371.00K USD 1 Quarter
Repurchase of common stock PaymentsForRepurchaseOfCommonStock - USD 1 Quarter
Repurchase of common stock PaymentsForRepurchaseOfCommonStock $19.44M USD 1 Quarter
Net cash used in financing activities NetCashProvidedByUsedInFinancingActivities $-19.44M USD 1 Quarter
Net cash used in financing activities NetCashProvidedByUsedInFinancingActivities - USD 1 Quarter
CHANGE IN CASH AND CASH EQUIVALENTS CashAndCashEquivalentsPeriodIncreaseDecrease $11.07M USD 1 Quarter
CHANGE IN CASH AND CASH EQUIVALENTS CashAndCashEquivalentsPeriodIncreaseDecrease $63.19M USD 1 Quarter
Cash and cash equivalents, beginning of period CashAndCashEquivalentsAtCarryingValue $163.24M USD Point-in-time
Cash and cash equivalents, beginning of period CashAndCashEquivalentsAtCarryingValue $126.46M USD Point-in-time
Cash and cash equivalents, beginning of period CashAndCashEquivalentsAtCarryingValue $226.43M USD Point-in-time
Cash and cash equivalents, beginning of period CashAndCashEquivalentsAtCarryingValue $115.39M USD Point-in-time
Cash and cash equivalents, end of period CashAndCashEquivalentsAtCarryingValue $163.24M USD Point-in-time
Cash and cash equivalents, end of period CashAndCashEquivalentsAtCarryingValue $126.46M USD Point-in-time
Cash and cash equivalents, end of period CashAndCashEquivalentsAtCarryingValue $226.43M USD Point-in-time
Cash and cash equivalents, end of period CashAndCashEquivalentsAtCarryingValue $115.39M USD Point-in-time
Comprehensive Income 16 line items
Line Item Tag Value Unit Period
Net income (loss) NetIncomeLoss $-16.16M USD 1 Quarter
Net income (loss) NetIncomeLoss $73.78M USD 1 Quarter
Net gain on foreign currency cash flow hedges reclassified as income ForeignCurrencyCashFlowHedgeGainLossReclassifiedToEarningsNet $-46.00K USD 1 Quarter
Net gain on foreign currency cash flow hedges reclassified as income ForeignCurrencyCashFlowHedgeGainLossReclassifiedToEarningsNet $-47.00K USD 1 Quarter
Amortization of prior service benefit during the period OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditBeforeTax $-667.00K USD 1 Quarter
Amortization of prior service benefit during the period OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditBeforeTax $-936.00K USD 1 Quarter
Amortization of actuarial net loss during the period OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossBeforeTax $-1.92M USD 1 Quarter
Amortization of actuarial net loss during the period OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossBeforeTax $-1.44M USD 1 Quarter
Other comprehensive income before income tax effect OtherComprehensiveIncomeLossBeforeTax $461.00K USD 1 Quarter
Other comprehensive income before income tax effect OtherComprehensiveIncomeLossBeforeTax $1.21M USD 1 Quarter
Income tax effect OtherComprehensiveIncomeLossTax $383.00K USD 1 Quarter
Income tax effect OtherComprehensiveIncomeLossTax $383.00K USD 1 Quarter
Other comprehensive income OtherComprehensiveIncomeLossNetOfTax $78.00K USD 1 Quarter
Other comprehensive income OtherComprehensiveIncomeLossNetOfTax $823.00K USD 1 Quarter
Total comprehensive income (loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $73.86M USD 1 Quarter
Total comprehensive income (loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $-15.34M USD 1 Quarter

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

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