Segment Information

12 Months Ended

Dec. 31, 2020

Segment Reporting Information, Revenue for Reportable Segment [Abstract]

REVENUE BY GEOGRAPHIC AREA, MAJOR CUSTOMERS AND SEGMENT INFORMATION

Revenue by customer location, including customers in a foreign country representing 10% or more of total revenue, follows (in millions):


	Year Ended December 31,
	2020		2019
United States	$	171.7	$	152.4
Foreign:
Belgium	35.8		21.5
Japan	23.4		23.4
Other	16.3		12.4
Total foreign	75.5		57.3
Total revenue	$	247.2	$	209.7
* less than 10%

The U.S. government and its contractors, in the Company’s technical solutions segment, represented approximately 21% of total revenue in 2020 and 19% in 2019.

The ten largest customers in the Company’s LEU segment represented approximately 71% of total revenue in 2020. Revenue from Synatom, Energy Harbor Nuclear Corp. and Dominion Energy South Carolina represented approximately 14%, 13% and 10%, respectively, of total revenue in 2020.

In 2019, the ten largest customers in the Company’s LEU segment represented approximately 79% of total revenue. Revenue from Florida Power and Light, Dominion Energy South Carolina, Tohoku Electric Power Company, Inc. and Synatom represented approximately 27%, 12%, 11%, 10%, respectively, of total revenue in 2019.

No other customer represented more than 10% of total revenue in 2020 or 2019.

Centrus has two reportable segments: the LEU segment with two components, SWU and uranium, and the technical solutions segment. The LEU segment includes sales of the SWU component of LEU, sales of both the SWU and uranium components of LEU, and sales of uranium. The technical solutions segment includes revenue and cost of sales for work that Centrus performs under the HALEU Contract. The technical solutions segment also includes limited services provided by Centrus to DOE and its contractors at the Piketon facility. Gross profit is Centrus’ measure for segment reporting. There were no intersegment sales in the periods presented.

The following table presents the Company’s segment information (in millions):


	Year Ended December 31,
	2020		2019
Revenue
LEU segment:
Separative work units	$	151.5	$	123.7
Uranium	39.0		45.7
Total	190.5		169.4
Technical solutions segment	56.7		40.3
Total revenue	$	247.2	$	209.7

Segment Gross Profit (Loss)
LEU segment	$	97.8	$	50.8
Technical solutions segment	(0.2)		(18.3)
Gross profit	$	97.6	$	32.5

The Company’s total assets are not presented for each reportable segment as they are not reviewed by, nor otherwise regularly provided to, the chief operating decision maker. Centrus’ long-term or long-lived assets, which include property, plant and equipment and other assets reported on the consolidated balance sheet, were located in the United States as of December 31, 2020, and December 31, 2019.