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Segment Information
3 Months Ended
Mar. 31, 2012
Segment Information  
Segment Information
13. SEGMENT INFORMATION

USEC has two reportable segments:  the LEU segment with two components, SWU and uranium, and the contract services segment.  The LEU segment is USEC's primary business focus and includes sales of the SWU component of LEU, sales of both the SWU and uranium components of LEU, and sales of uranium. The contract services segment includes nuclear energy services and technologies provided by NAC International Inc. as well as work performed for DOE and DOE contractors at the Portsmouth site and the Paducah GDP.  Gross profit is USEC's measure for segment reporting. Intersegment sales were less than $0.1 million in each period presented below and have been eliminated in consolidation.

   
Three Months Ended March 31,
 
   
2012
   
2011
 
   
(millions)
 
Revenue
           
LEU segment:
           
Separative work units          
  $ 537.9     $ 308.5  
Uranium
     -       14.0  
      537.9       322.5  
Contract services segment
    23.6       58.0  
    $ 561.5     $ 380.5  
                 
Segment Gross Profit
               
LEU segment
  $ 36.7     $ 15.3  
Contract services segment
    2.1       (1.4 )
Gross profit
    38.8       13.9  
Advanced technology costs
    36.8       26.7  
Selling, general and administrative
    14.9       15.5  
Special charge for workforce reductions and advisory costs 
    6.4       -  
Other (income)
     -       (3.7 )
Operating (loss)
    (19.3 )     (24.6 )
Interest expense (income), net
    12.6       (0.2 )
(Loss) before income taxes
  $ (31.9 )   $ (24.4 )