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Segment Reporting (Tables)

12 Months Ended

Dec. 31, 2023

Segment Reporting [Abstract]

Schedule of Operating Results by Segment

1. Information about our Segments:

						Year Ended December 31,
						2023						2022						2021
						(In thousands)
REVENUES:
Government Operations						$	2,031,337					$	1,808,483					$	1,725,097
Commercial Operations						466,344						427,358						407,082
Eliminations						(1,372)						(3,007)						(8,105)
						$	2,496,309					$	2,232,834					$	2,124,074

OPERATING INCOME:
Government Operations						$	374,682					$	336,501					$	329,549
Commercial Operations						37,532						27,418						35,243
						$	412,214					$	363,919					$	364,792
Unallocated Corporate (1)						(29,155)						(15,348)						(18,944)
Total Operating Income (2)						$	383,059					$	348,571					$	345,848
Other Income (Expense)						(61,659)						(34,194)						49,865
Income before Provision for Income Taxes						$	321,400					$	314,377					$	395,713

(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						$	1,043					$	(250)					$	(8)
Commercial Operations						(9)						6,233						(2,548)
Unallocated Corporate						—						(463)						(976)
						$	1,034					$	5,520					$	(3,532)
Equity in Income of Investees:
Government Operations						$	50,807					$	45,973					$	33,498
Commercial Operations						—						—						—
						$	50,807					$	45,973					$	33,498

						Year Ended December 31,
						2023						2022						2021
						(In thousands)
CAPITAL EXPENDITURES:
Government Operations						$	91,699					$	103,093					$	147,051
Commercial Operations						53,358						88,853						153,571
Segment Capital Expenditures						145,057						191,946						300,622
Corporate Capital Expenditures						6,229						6,366						10,430
Total Capital Expenditures						$	151,286					$	198,312					$	311,052
DEPRECIATION AND AMORTIZATION:
Government Operations						$	53,388					$	47,982					$	42,485
Commercial Operations						17,745						18,805						19,884
Segment Depreciation and Amortization						71,133						66,787						62,369
Corporate Depreciation and Amortization						7,433						7,055						6,711
Total Depreciation and Amortization						$	78,566					$	73,842					$	69,080

						December 31,
						2023						2022						2021
						(In thousands)
SEGMENT ASSETS:
Government Operations						$	1,515,264					$	1,498,472					$	1,430,863
Commercial Operations						1,077,628						1,005,545						976,382
Segment Assets						2,592,892						2,504,017						2,407,245
Corporate Assets						154,173						114,922						94,135
Total Assets						$	2,747,065					$	2,618,939					$	2,501,380
INVESTMENT IN UNCONSOLIDATED AFFILIATES:
Government Operations						$	88,608					$	100,198					$	85,284
Commercial Operations						—						—						—
Total Investment in Unconsolidated Affiliates						$	88,608					$	100,198					$	85,284

Schedule of Revenue Information from Products and Service Lines

2. Information about our Product and Service Lines:

						Year Ended December 31,
						2023						2022						2021
						(In thousands)
REVENUES:
Government Operations:
Nuclear Components and Fuel						$	1,610,183					$	1,494,810					$	1,481,416
Uranium Processing and Nuclear Services						276,690						233,197						198,420
Advanced Reactor Design and Engineering						144,464						80,476						45,261
						2,031,337						1,808,483						1,725,097
Commercial Operations:
Nuclear Manufacturing						231,944						221,458						246,444
Nuclear Services and Engineering						234,400						205,900						160,638
						466,344						427,358						407,082
Eliminations						(1,372)						(3,007)						(8,105)
						$	2,496,309					$	2,232,834					$	2,124,074

Schedule of Property, Plant and Equipment, Net by Geographical Area

3. Information about our Consolidated Operations in Different Geographic Areas:

						December 31,
						2023						2022						2021
						(In thousands)
NET PROPERTY, PLANT AND EQUIPMENT:
United States						$	784,062					$	743,767					$	698,772
Canada						442,755						389,490						346,868
United Kingdom						1,703						1,640						—
						$	1,228,520					$	1,134,897					$	1,045,640

See Note 3 for revenues by geographic area for each of our segments.

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X

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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.

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