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Segment Reporting (Tables)

12 Months Ended

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.

X

- Definition

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+ References

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X

- 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

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