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Special Charges
12 Months Ended
Dec. 31, 2017
Restructuring and Related Activities [Abstract]  
Special Charges
SPECIAL CHARGES

Evolving Business Needs

Evolving business needs have resulted in workforce reductions since 2013. For the years ended December 31, 2017 and 2016, special charges included estimated employee termination benefits of $2.4 million and $0.3 million, respectively. Centrus expects to make payments primarily in the first quarter of 2018 related to the $0.8 million balance payable at December 31, 2017.

In the second quarter of 2016, the Company commenced a project to align its corporate structure to the scale of its ongoing business operations and to update related information technology systems. The Company incurred advisory costs of $6.3 million in 2017 and $1.0 million in 2016 related to the reengineering project.

Piketon Demonstration Facility

In February 2016, Centrus completed a successful three-year demonstration of American Centrifuge technology at its facility in Piketon, Ohio, with 120 machines linked together in a cascade to simulate industrial operating conditions. The demonstration effort was primarily funded by the U.S. government. As a result of reduced program funding effective October 2015, Centrus incurred a special charge in 2015 for estimated employee termination benefits. Special charges for additional severance benefits totaled $1.1 million in 2017 and $0.1 million in 2016. Of the remaining $5.7 million balance at December 31, 2017, $3.1 million is classified as current and included in Accounts Payable and Accrued Liabilities in the consolidated balance sheet and the remaining $2.6 million is included in Other Long-Term Liabilities in the consolidated balance sheet and is expected to be paid in 2019.

A summary of termination benefit activity and related liabilities follows (in millions):
 
Liability
Dec. 31,
2015
 
2016
 
Liability
Dec. 31,
2016
 
2017
 
Liability
Dec. 31,
2017

 
Charges for Termination Benefits
 

Paid
 
 
Charges for Termination Benefits
 
Paid/
Settled
 
Workforce reductions:
 
 
 
 
 
 
 
 
 
 
 
 
 
Evolving business needs
$
0.3

 
$
0.3

 
$
(0.5
)
 
$
0.1

 
$
2.4

 
$
(1.7
)
 
$
0.8

Piketon demonstration facility
8.4

 
0.1

 
(3.1
)
 
5.4

 
1.1

 
(0.8
)
 
5.7

 
$
8.7

 
$
0.4

 
$
(3.6
)
 
$
5.5

 
$
3.5

 
$
(2.5
)
 
$
6.5