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10-Q Filing

CENTURY ALUMINUM CO CIK: 949157 Q1 2018
Filing Information
Form Type 10-Q
Accession Number 0000949157-18-000051
Period End Date 20180331
Filing Date 20180504
Fiscal Year 2018
Fiscal Period Q1
XBRL Instance cenx-20180331.xml
Filing Contents
Balance Sheet 62 line items
Line Item Tag Value Unit Period
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $167.20M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $130.80M USD Point-in-time
Restricted cash RestrictedCashAndCashEquivalents $800.00K USD Point-in-time
Restricted cash RestrictedCashAndCashEquivalents $800.00K USD Point-in-time
Accounts receivable - net AccountsReceivableNetCurrent $83.40M USD Point-in-time
Accounts receivable - net AccountsReceivableNetCurrent $43.10M USD Point-in-time
Due from affiliates DueFromRelatedPartiesCurrent $8.70M USD Point-in-time
Due from affiliates DueFromRelatedPartiesCurrent $10.40M USD Point-in-time
Inventories InventoryNet $317.50M USD Point-in-time
Inventories InventoryNet $330.70M USD Point-in-time
Prepaid and other current assets PrepaidExpenseAndOtherAssetsCurrent $14.20M USD Point-in-time
Prepaid and other current assets PrepaidExpenseAndOtherAssetsCurrent $14.70M USD Point-in-time
Total current assets AssetsCurrent $568.60M USD Point-in-time
Total current assets AssetsCurrent $553.70M USD Point-in-time
Property, plant and equipment - net PropertyPlantAndEquipmentNet $971.90M USD Point-in-time
Property, plant and equipment - net PropertyPlantAndEquipmentNet $955.10M USD Point-in-time
Other assets OtherAssetsNoncurrent $56.00M USD Point-in-time
Other assets OtherAssetsNoncurrent $57.10M USD Point-in-time
TOTAL Assets $1.58B USD Point-in-time
TOTAL Assets $1.58B USD Point-in-time
Accounts payable, trade AccountsPayableTradeCurrent $95.80M USD Point-in-time
Accounts payable, trade AccountsPayableTradeCurrent $89.90M USD Point-in-time
Due to affiliates DueToRelatedPartiesCurrent $14.60M USD Point-in-time
Due to affiliates DueToRelatedPartiesCurrent $20.40M USD Point-in-time
Accrued and other current liabilities AccruedLiabilitiesCurrent $68.00M USD Point-in-time
Accrued and other current liabilities AccruedLiabilitiesCurrent $61.40M USD Point-in-time
Accrued employee benefits costs PensionAndOtherPostretirementDefinedBenefitPlansCurrentLiabilities $11.00M USD Point-in-time
Accrued employee benefits costs PensionAndOtherPostretirementDefinedBenefitPlansCurrentLiabilities $11.00M USD Point-in-time
Industrial revenue bonds IndustrialRevenueBonds $7.80M USD Point-in-time
Industrial revenue bonds IndustrialRevenueBonds $7.80M USD Point-in-time
Total current liabilities LiabilitiesCurrent $190.50M USD Point-in-time
Total current liabilities LiabilitiesCurrent $197.20M USD Point-in-time
Senior notes payable SeniorLongTermNotes $248.30M USD Point-in-time
Senior notes payable SeniorLongTermNotes $248.20M USD Point-in-time
Accrued pension benefits costs - less current portion DefinedBenefitPensionPlanLiabilitiesNoncurrent $38.90M USD Point-in-time
Accrued pension benefits costs - less current portion DefinedBenefitPensionPlanLiabilitiesNoncurrent $37.40M USD Point-in-time
Accrued postretirement benefits costs - less current portion OtherPostretirementDefinedBenefitPlanLiabilitiesNoncurrent $113.00M USD Point-in-time
Accrued postretirement benefits costs - less current portion OtherPostretirementDefinedBenefitPlanLiabilitiesNoncurrent $112.50M USD Point-in-time
Other liabilities OtherLiabilitiesNoncurrent $54.50M USD Point-in-time
Other liabilities OtherLiabilitiesNoncurrent $57.90M USD Point-in-time
Deferred taxes DeferredTaxLiabilitiesNoncurrent $100.50M USD Point-in-time
Deferred taxes DeferredTaxLiabilitiesNoncurrent $103.50M USD Point-in-time
Total noncurrent liabilities LiabilitiesNoncurrent $561.50M USD Point-in-time
Total noncurrent liabilities LiabilitiesNoncurrent $553.20M USD Point-in-time
COMMITMENTS AND CONTINGENCIES CommitmentsAndContingencies - USD Point-in-time
COMMITMENTS AND CONTINGENCIES CommitmentsAndContingencies - USD Point-in-time
Preferred stock PreferredStockValue - USD Point-in-time
Preferred stock PreferredStockValue - USD Point-in-time
Common stock CommonStockValue $900.00K USD Point-in-time
Common stock CommonStockValue $900.00K USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $2.52B USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $2.52B USD Point-in-time
Treasury stock, at cost TreasuryStockValue $86.30M USD Point-in-time
Treasury stock, at cost TreasuryStockValue $86.30M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-91.30M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-91.70M USD Point-in-time
Accumulated deficit RetainedEarningsAccumulatedDeficit $-1.51B USD Point-in-time
Accumulated deficit RetainedEarningsAccumulatedDeficit $-1.51B USD Point-in-time
Total shareholders equity StockholdersEquity $829.60M USD Point-in-time
Total shareholders equity StockholdersEquity $830.40M USD Point-in-time
TOTAL LiabilitiesAndStockholdersEquity $1.58B USD Point-in-time
TOTAL LiabilitiesAndStockholdersEquity $1.58B USD Point-in-time
Income Statement 41 line items
Line Item Tag Value Unit Period
Related parties RevenueFromRelatedParties $280.60M USD 1 Quarter
Related parties RevenueFromRelatedParties $296.20M USD 1 Quarter
Other customers SalesRevenueGoodsNet $158.30M USD 1 Quarter
Other customers SalesRevenueGoodsNet $85.20M USD 1 Quarter
Total net sales SalesRevenueNet $365.80M USD 1 Quarter
Total net sales SalesRevenueNet $454.50M USD 1 Quarter
Cost of goods sold CostOfGoodsSold $440.00M USD 1 Quarter
Cost of goods sold CostOfGoodsSold $348.90M USD 1 Quarter
Gross profit GrossProfit $16.90M USD 1 Quarter
Gross profit GrossProfit $14.50M USD 1 Quarter
Selling, general and administrative expenses SellingGeneralAndAdministrativeExpense $10.70M USD 1 Quarter
Selling, general and administrative expenses SellingGeneralAndAdministrativeExpense $10.70M USD 1 Quarter
Other operating expense, net OtherOperatingIncomeExpenseNet $-1.00M USD 1 Quarter
Other operating expense, net OtherOperatingIncomeExpenseNet $-300.00K USD 1 Quarter
Operating income OperatingIncomeLoss $3.50M USD 1 Quarter
Operating income OperatingIncomeLoss $5.20M USD 1 Quarter
Interest expense InterestExpense $5.60M USD 1 Quarter
Interest expense InterestExpense $5.50M USD 1 Quarter
Interest income InterestIncomeOther $500.00K USD 1 Quarter
Interest income InterestIncomeOther $200.00K USD 1 Quarter
Net gain (loss) on forward and derivative contracts GainLossOnDerivativeInstrumentsNetPretax $-16.10M USD Annual
Net gain (loss) on forward and derivative contracts GainLossOnDerivativeInstrumentsNetPretax $-16.10M USD 1 Quarter
Net gain (loss) on forward and derivative contracts GainLossOnDerivativeInstrumentsNetPretax $700.00K USD 1 Quarter
Other income (expense) - net OtherNonoperatingIncomeExpense $400.00K USD 1 Quarter
Other income (expense) - net OtherNonoperatingIncomeExpense $-1.10M USD 1 Quarter
Loss before income taxes and equity in earnings of joint ventures IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $-15.90M USD 1 Quarter
Loss before income taxes and equity in earnings of joint ventures IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $-1.90M USD 1 Quarter
Income tax benefit IncomeTaxExpenseBenefit $-300.00K USD 1 Quarter
Income tax benefit IncomeTaxExpenseBenefit $-1.00M USD 1 Quarter
Loss before equity in earnings of joint ventures IncomeLossAfterIncomeTaxesBeforeIncomeLossFromEquityMethodInvestments $-15.60M USD 1 Quarter
Loss before equity in earnings of joint ventures IncomeLossAfterIncomeTaxesBeforeIncomeLossFromEquityMethodInvestments $-900.00K USD 1 Quarter
Equity in earnings of joint ventures IncomeLossFromEquityMethodInvestments $600.00K USD 1 Quarter
Equity in earnings of joint ventures IncomeLossFromEquityMethodInvestments $500.00K USD 1 Quarter
Net loss NetIncomeLoss $-300.00K USD 1 Quarter
Net loss NetIncomeLoss $-15.10M USD 1 Quarter
Net loss allocated to common stockholders NetIncomeLossAvailabletoCommonStockholdersBasicandDiluted $-15.10M USD 1 Quarter
Net loss allocated to common stockholders NetIncomeLossAvailabletoCommonStockholdersBasicandDiluted $-300.00K USD 1 Quarter
Basic and diluted (in USD per share) EarningsPerShareBasicAndDiluted $-0.17 USD 1 Quarter
Basic and diluted (in USD per share) EarningsPerShareBasicAndDiluted - USD 1 Quarter
Basic and diluted (shares) WeightedAverageNumberOfShareOutstandingBasicAndDiluted 87.30M shares 1 Quarter
Basic and diluted (shares) WeightedAverageNumberOfShareOutstandingBasicAndDiluted 87.60M shares 1 Quarter
Cash Flow Statement 56 line items
Line Item Tag Value Unit Period
Net loss NetIncomeLoss $-300.00K USD 1 Quarter
Net loss NetIncomeLoss $-15.10M USD 1 Quarter
Unrealized (gain) loss on forward and derivative contracts UnrealizedGainLossOnCommodityContracts $-14.00M USD 1 Quarter
Unrealized (gain) loss on forward and derivative contracts UnrealizedGainLossOnCommodityContracts $400.00K USD 1 Quarter
Lower of cost or NRV inventory adjustment InventoryWriteDown $-3.90M USD 1 Quarter
Lower of cost or NRV inventory adjustment InventoryWriteDown $-3.20M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $20.90M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $21.50M USD 1 Quarter
Other non-cash items - net OtherOperatingActivitiesCashFlowStatement $1.20M USD 1 Quarter
Other non-cash items - net OtherOperatingActivitiesCashFlowStatement $-4.60M USD 1 Quarter
Accounts receivable - net IncreaseDecreaseInAccountsReceivable $23.80M USD 1 Quarter
Accounts receivable - net IncreaseDecreaseInAccountsReceivable $40.30M USD 1 Quarter
Due from affiliates IncreaseDecreaseInDueFromRelatedPartiesCurrent $-1.70M USD 1 Quarter
Due from affiliates IncreaseDecreaseInDueFromRelatedPartiesCurrent $-4.90M USD 1 Quarter
Inventories IncreaseDecreaseInInventories $10.00M USD 1 Quarter
Inventories IncreaseDecreaseInInventories $4.70M USD 1 Quarter
Prepaid and other current assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets $-4.70M USD 1 Quarter
Prepaid and other current assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets $-800.00K USD 1 Quarter
Accounts payable, trade IncreaseDecreaseInAccountsPayableTrade $5.40M USD 1 Quarter
Accounts payable, trade IncreaseDecreaseInAccountsPayableTrade $-4.40M USD 1 Quarter
Due to affiliates IncreaseDecreaseInDueToRelatedPartiesCurrent $3.30M USD 1 Quarter
Due to affiliates IncreaseDecreaseInDueToRelatedPartiesCurrent $-6.00M USD 1 Quarter
Accrued and other current liabilities IncreaseDecreaseInAccruedLiabilities $6.20M USD 1 Quarter
Accrued and other current liabilities IncreaseDecreaseInAccruedLiabilities $-4.90M USD 1 Quarter
Other - net IncreaseDecreaseInOtherOperatingCapitalNet $3.80M USD 1 Quarter
Other - net IncreaseDecreaseInOtherOperatingCapitalNet $3.50M USD 1 Quarter
Net cash used in operating activities NetCashProvidedByUsedInOperatingActivities $-33.00M USD 1 Quarter
Net cash used in operating activities NetCashProvidedByUsedInOperatingActivities $-11.30M USD 1 Quarter
Purchase of property, plant and equipment PaymentsToAcquirePropertyPlantAndEquipment $9.00M USD 1 Quarter
Purchase of property, plant and equipment PaymentsToAcquirePropertyPlantAndEquipment $3.50M USD 1 Quarter
Proceeds from sale of Ravenswood ProceedsFromRemovalCosts - USD 1 Quarter
Proceeds from sale of Ravenswood ProceedsFromRemovalCosts $13.50M USD 1 Quarter
Net cash provided by (used in) investing activities NetCashProvidedByUsedInInvestingActivities $4.50M USD 1 Quarter
Net cash provided by (used in) investing activities NetCashProvidedByUsedInInvestingActivities $-3.50M USD 1 Quarter
Borrowings under revolving credit facilities ProceedsFromLinesOfCredit $200.00K USD 1 Quarter
Borrowings under revolving credit facilities ProceedsFromLinesOfCredit $300.00K USD 1 Quarter
Repayments under revolving credit facilities RepaymentsOfLinesOfCredit $300.00K USD 1 Quarter
Repayments under revolving credit facilities RepaymentsOfLinesOfCredit $200.00K USD 1 Quarter
Issuance of common stock ProceedsFromIssuanceOfCommonStock $100.00K USD 1 Quarter
Issuance of common stock ProceedsFromIssuanceOfCommonStock - USD 1 Quarter
Net cash provided by financing activities NetCashProvidedByUsedInFinancingActivities $100.00K USD 1 Quarter
Net cash provided by financing activities NetCashProvidedByUsedInFinancingActivities - USD 1 Quarter
CHANGE IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-6.80M USD 1 Quarter
CHANGE IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-36.40M USD 1 Quarter
Cash, cash equivalents and restricted cash, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $133.50M USD Point-in-time
Cash, cash equivalents and restricted cash, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $131.60M USD Point-in-time
Cash, cash equivalents and restricted cash, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $168.00M USD Point-in-time
Cash, cash equivalents and restricted cash, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $126.70M USD Point-in-time
Cash, cash equivalents and restricted cash, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $133.50M USD Point-in-time
Cash, cash equivalents and restricted cash, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $131.60M USD Point-in-time
Cash, cash equivalents and restricted cash, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $168.00M USD Point-in-time
Cash, cash equivalents and restricted cash, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $126.70M USD Point-in-time
Cash paid for interest InterestPaid $200.00K USD 1 Quarter
Cash paid for interest InterestPaid $200.00K USD 1 Quarter
Cash paid for taxes IncomeTaxesPaid $500.00K USD 1 Quarter
Cash paid for taxes IncomeTaxesPaid $3.00M USD 1 Quarter
Comprehensive Income 16 line items
Line Item Tag Value Unit Period
Net loss NetIncomeLoss $-300.00K USD 1 Quarter
Net loss NetIncomeLoss $-15.10M USD 1 Quarter
Net loss on foreign currency cash flow hedges reclassified as income ForeignCurrencyCashFlowHedgeGainLossReclassifiedToEarningsNet - USD 1 Quarter
Net loss on foreign currency cash flow hedges reclassified as income ForeignCurrencyCashFlowHedgeGainLossReclassifiedToEarningsNet - USD 1 Quarter
Amortization of prior service benefit during the period OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditBeforeTax $-1.80M USD 1 Quarter
Amortization of prior service benefit during the period OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditBeforeTax $-300.00K USD 1 Quarter
Amortization of net loss during the period OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossBeforeTax $-2.10M USD 1 Quarter
Amortization of net loss during the period OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossBeforeTax $-2.60M USD 1 Quarter
Other comprehensive income before income tax effect OtherComprehensiveIncomeLossBeforeTax $800.00K USD 1 Quarter
Other comprehensive income before income tax effect OtherComprehensiveIncomeLossBeforeTax $1.80M USD 1 Quarter
Income tax effect OtherComprehensiveIncomeLossTax $400.00K USD 1 Quarter
Income tax effect OtherComprehensiveIncomeLossTax $1.10M USD 1 Quarter
Other comprehensive income OtherComprehensiveIncomeLossNetOfTax $700.00K USD 1 Quarter
Other comprehensive income OtherComprehensiveIncomeLossNetOfTax $400.00K USD 1 Quarter
Total comprehensive income (loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $100.00K USD 1 Quarter
Total comprehensive income (loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $-14.40M USD 1 Quarter

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

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