XML 64 R19.htm IDEA: XBRL DOCUMENT
v2.4.0.6

Segment Information | 6 Months Ended
--- | ---
Jun. 30, 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 June 30, |  |  | Six Months Ended June 30, |
|  | 2012 |  |  | 2011 |  |  | 2012 |  |  | 2011 |
|  | (millions) |
Revenue |  |  |  |  |  |  |  |  |  |  |  |
LEU segment: |  |  |  |  |  |  |  |  |  |  |  |
Separative work units |  | $ | 347.2 |  |  | $ | 330.3 |  |  | $ | 885.1 |  |  | $ | 638.8 |
Uranium |  |  | 3.6 |  |  |  | 67.8 |  |  |  | 3.6 |  |  |  | 81.8 |
|  |  | 350.8 |  |  |  | 398.1 |  |  |  | 888.7 |  |  |  | 720.6 |
Contract services segment |  |  | 14.0 |  |  |  | 56.3 |  |  |  | 37.6 |  |  |  | 114.3 |
|  | $ | 364.8 |  |  | $ | 454.4 |  |  | $ | 926.3 |  |  | $ | 834.9 |
Segment Gross Profit |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
LEU segment |  | $ | 10.4 |  |  | $ | 29.5 |  |  | $ | 47.1 |  |  | $ | 44.8 |
Contract services segment |  |  | 1.9 |  |  |  | 3.7 |  |  |  | 4.0 |  |  |  | 2.3 |
Gross profit |  |  | 12.3 |  |  |  | 33.2 |  |  |  | 51.1 |  |  |  | 47.1 |
Advanced technology costs |  |  | 85.7 |  |  |  | 33.5 |  |  |  | 122.5 |  |  |  | 60.2 |
Selling, general and administrative |  |  | 14.8 |  |  |  | 16.7 |  |  |  | 29.7 |  |  |  | 32.2 |
Special charge for workforce reductions and advisory costs |  |  | 3.2 |  |  |  | - |  |  |  | 9.6 |  |  |  | - |
Other (income) (a) |  |  | (10.0 | ) |  |  | - |  |  |  | (10.0 | ) |  |  | (3.7 | )
Operating (loss) |  |  | (81.4 | ) |  |  | (17.0 | ) |  |  | (100.7 | ) |  |  | (41.6 | )
Interest expense (income), net |  |  | 12.6 |  |  |  | - |  |  |  | 25.2 |  |  |  | (0.2 | )
(Loss) before income taxes |  | $ | (94.0 | ) |  | $ | (17.0 | ) |  | $ | (125.9 | ) |  | $ | (41.4 | )
(a) | Other income in the three and six months ended June 30, 2012 consists of pro-rata cost sharing support from DOE of $10.0 million for partial funding of American Centrifuge activities. See Note 5.
Other income in the six months ended June 30, 2011 includes a gain on debt extinguishment of $3.1 million in connection with USEC's exchange with a noteholder whereby USEC received convertible notes with a principal amount of $45 million in exchange for 6,952,500 shares of common stock and cash for accrued but unpaid interest on the convertible notes.

X
- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8595-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8538-108599 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 33 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8971-108599 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 34 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8981-108599 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 29 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8864-108599 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8380-108599 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 35 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8984-108599 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9038-108599 Reference 9: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8933-108599 Reference 10: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 131 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 11: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8906-108599 Reference 12: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 26 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8844-108599 Reference 13: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9031-108599 Reference 14: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 42 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9054-108599 Reference 15: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8924-108599 + Details
Name: | us-gaap_SegmentReportingDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | us-gaap_SegmentReportingInformationRevenueAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration