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v3.22.4

Segment Reporting (Tables) | 12 Months Ended
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Dec. 31, 2022
Segment Reporting [Abstract] |
Schedule of Operating Results by Segment | 1. Information about Operations in our Different Industry Segments:
|  | Year Ended December 31,
|  | 2022 |  | 2021 |  | 2020
|  | (In thousands)
REVENUES: |  |
Government Operations |  | $ | 1,808,483 |  |  | $ | 1,725,097 |  |  | $ | 1,763,127 |
Commercial Operations |  | 427,358 |  |  | 407,082 |  |  | 371,269 |
Eliminations (1) |  | (3,007) |  |  | (8,105) |  |  | (10,880) |
|  | $ | 2,232,834 |  |  | $ | 2,124,074 |  |  | $ | 2,123,516 |
(1)Segment revenues are net of the following intersegment transfers:
Government Operations Transfers |  | $ | (2,941) |  |  | $ | (7,327) |  |  | $ | (10,327) |
Commercial Operations Transfers |  | (66) |  |  | (778) |  |  | (553) |
|  | $ | (3,007) |  |  | $ | (8,105) |  |  | $ | (10,880) |
OPERATING INCOME: |  |
Government Operations |  | $ | 336,501 |  |  | $ | 329,549 |  |  | $ | 345,250 |
Commercial Operations |  | 27,418 |  |  | 35,243 |  |  | 36,915 |
|  | $ | 363,919 |  |  | $ | 364,792 |  |  | $ | 382,165 |
Unallocated Corporate (1) |  | (15,348) |  |  | (18,944) |  |  | (23,613) |
Total Operating Income (2) |  | $ | 348,571 |  |  | $ | 345,848 |  |  | $ | 358,552 |
Other Income (Expense) |  | (34,194) |  |  | 49,865 |  |  | 3,620 |
Income before Provision for Income Taxes |  | $ | 314,377 |  |  | $ | 395,713 |  |  | $ | 362,172 |
(1)Unallocated Corporate includes general corporate overhead not allocated to segments. (2)The following amounts are included in Operating Income:
Losses (Gains) on Asset Disposals and Impairments, Net: |  |  |  |  |  |
Government Operations |  | $ | (250) |  |  | $ | (8) |  |  | $ | 320 |
Commercial Operations |  | 6,233 |  |  | (2,548) |  |  | (1,681) |
Unallocated Corporate |  | (463) |  |  | (976) |  |  | — |
|  | $ | 5,520 |  |  | $ | (3,532) |  |  | $ | (1,361) |
Equity in Income of Investees: |  |  |  |  |  |
Government Operations |  | $ | 45,973 |  |  | $ | 33,498 |  |  | $ | 27,152 |
Commercial Operations |  | — |  |  | — |  |  | — |
|  | $ | 45,973 |  |  | $ | 33,498 |  |  | $ | 27,152 |
|  | Year Ended December 31,
|  | 2022 |  | 2021 |  | 2020
|  | (In thousands)
CAPITAL EXPENDITURES: |  |  |  |  |  |
Government Operations |  | $ | 103,093 |  |  | $ | 147,051 |  |  | $ | 137,197 |
Commercial Operations |  | 88,853 |  |  | 153,571 |  |  | 106,614 |
Segment Capital Expenditures |  | 191,946 |  |  | 300,622 |  |  | 243,811 |
Corporate Capital Expenditures |  | 6,366 |  |  | 10,430 |  |  | 11,216 |
Total Capital Expenditures |  | $ | 198,312 |  |  | $ | 311,052 |  |  | $ | 255,027 |
DEPRECIATION AND AMORTIZATION: |  |  |  |  |  |
Government Operations |  | $ | 47,982 |  |  | $ | 42,485 |  |  | $ | 35,398 |
Commercial Operations |  | 18,805 |  |  | 19,884 |  |  | 18,431 |
Segment Depreciation and Amortization |  | 66,787 |  |  | 62,369 |  |  | 53,829 |
Corporate Depreciation and Amortization |  | 7,055 |  |  | 6,711 |  |  | 6,845 |
Total Depreciation and Amortization |  | $ | 73,842 |  |  | $ | 69,080 |  |  | $ | 60,674 |
|  | December 31,
|  | 2022 |  | 2021 |  | 2020
|  | (In thousands)
SEGMENT ASSETS: |  |  |  |
Government Operations |  | $ | 1,498,472 |  |  | $ | 1,430,863 |  |  | $ | 1,353,122 |
Commercial Operations |  | 1,005,545 |  |  | 976,382 |  |  | 830,226 |
Segment Assets |  | 2,504,017 |  |  | 2,407,245 |  |  | 2,183,348 |
Corporate Assets |  | 114,922 |  |  | 94,135 |  |  | 110,155 |
Total Assets |  | $ | 2,618,939 |  |  | $ | 2,501,380 |  |  | $ | 2,293,503 |
INVESTMENT IN UNCONSOLIDATED AFFILIATES: |  |  |  |  |  |
Government Operations |  | $ | 100,198 |  |  | $ | 85,284 |  |  | $ | 71,806 |
Commercial Operations |  | — |  |  | — |  |  | — |
Total Investment in Unconsolidated Affiliates |  | $ | 100,198 |  |  | $ | 85,284 |  |  | $ | 71,806 |
Schedule of Revenue Information from Products and Service Lines | 2. Information about our Product and Service Lines:
|  | Year Ended December 31,
|  | 2022 |  | 2021 |  | 2020
|  | (In thousands)
REVENUES: |  |
Government Operations: |  |  |  |  |  |
Nuclear Components and Fuel |  | $ | 1,494,810 |  |  | $ | 1,481,416 |  |  | $ | 1,512,980 |
Downblending and Nuclear Services |  | 233,197 |  |  | 198,420 |  |  | 207,221 |
Advanced Reactor Design and Engineering |  | 80,476 |  |  | 45,261 |  |  | 42,926 |
|  | 1,808,483 |  |  | 1,725,097 |  |  | 1,763,127 |
Commercial Operations: |  |  |  |  |  |
Nuclear Manufacturing |  | 221,458 |  |  | 246,444 |  |  | 250,585 |
Nuclear Services and Engineering |  | 205,900 |  |  | 160,638 |  |  | 120,684 |
|  | 427,358 |  |  | 407,082 |  |  | 371,269 |
Eliminations |  | (3,007) |  |  | (8,105) |  |  | (10,880) |
|  | $ | 2,232,834 |  |  | $ | 2,124,074 |  |  | $ | 2,123,516 |
Schedule of Property, Plant and Equipment, Net by Geographical Area | 3. Information about our Consolidated Operations in Different Geographic Areas:
|  | December 31,
|  | 2022 |  | 2021 |  | 2020
|  | (In thousands)
NET PROPERTY, PLANT AND EQUIPMENT: |  |  |  |  |  |
United States |  | $ | 743,767 |  |  | $ | 698,772 |  |  | $ | 603,518 |
Canada |  | 389,490 |  |  | 346,868 |  |  | 212,953 |
United Kingdom |  | 1,640 |  |  | — |  |  | — |
|  | $ | 1,134,897 |  |  | $ | 1,045,640 |  |  | $ | 816,471 |
See Note 3 for revenues by geographic area for each of our segments.

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- Definition Tabular disclosure of entity-wide revenues from external customers for each product or service or each group of similar products or services if the information is not provided as part of the reportable operating segment information. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e9031-108599 + Details
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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8736-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8813-108599 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI https://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8906-108599 + Details
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