XML 28 R10.htm IDEA: XBRL DOCUMENT v3.10.0.1

Special Charges

9 Months Ended

Sep. 30, 2018

Restructuring and Related Activities [Abstract]

Special Charges

SPECIAL CHARGES

Special charges totaled $1.5 million and $7.1 million for the nine months ended September 30, 2018, and 2017, respectively, including advisory costs of $0.1 million and $5.0 million. In 2018 and 2017, advisory costs related to updating the Company’s information technology systems.

Workforce reductions have resulted from evolving business needs and the completion of the demonstration of American Centrifuge technology at the Company’s facility in Piketon, Ohio. Without mutual agreement between Centrus and DOE regarding other possible uses for the Piketon facility, the remaining balance of termination benefits of $3.2 million related to the Piketon facility is expected to be paid in the third quarter of 2019 and is classified in Accounts Payable and Accrued Liabilities in the condensed consolidated balance sheet. A summary of termination benefit activity and related liabilities follows (in millions):

		Liability December 31, 2017				Nine Months Ended September 30, 2018								Liability September 30, 2018
						Charges for Termination Benefits				Paid/Settled
Workforce reductions:
Evolving business needs		$	0.8			$	1.3			$	(1.5	)		$	0.6
Piketon demonstration facility		5.7				0.1				(2.6		)		3.2
Total		$	6.5			$	1.4			$	(4.1	)		$	3.8

X

- References

No definition available.

+ Details

Name:	us-gaap_RestructuringAndRelatedActivitiesAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

The entire disclosure for restructuring and related activities. Description of restructuring activities such as exit and disposal activities, include facts and circumstances leading to the plan, the expected plan completion date, the major types of costs associated with the plan activities, total expected costs, the accrual balance at the end of the period, and the periods over which the remaining accrual will be settled.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 420
-URI http://asc.fasb.org/topic&trid=2175745

+ Details

Name:	us-gaap_RestructuringAndRelatedActivitiesDisclosureTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration