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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Cash Flows from Operating Activities    
Net income (loss) $ 37.0 $ 16.7
Adjustments to reconcile net income (loss) to net cash (used in) operating activities:    
Depreciation and amortization 5.4 4.0
Provision for Loss on Contracts Utilized (0.5) (4.7)
Deferred tax assets 10.6 0.0
Equity related compensation 1.4 0.2
Revaluation of inventory borrowing 5.5 0.0
Changes in operating assets and liabilities:    
Accounts receivable – (increase) decrease 5.1 10.6
Inventories – (increase) decrease (10.7) (6.5)
Inventories owed to customers and suppliers (8.1) (4.6)
Increase (Decrease) in Prepaid Expenses, Other (15.1) 0.5
Accounts payable and other liabilities – increase (decrease) (8.0) 1.6
Payables under SWU purchase agreements – increase (decrease) (37.9) 7.8
Deferred revenue, net of deferred costs – increase (decrease) (30.6) (7.8)
Pension and postretirement liabilities - increase (decrease) (10.0) (14.8)
Other, net (0.3) (0.1)
Net Cash (Used in) Operating Activities (56.2) 2.9
Cash Flows Provided by Investing Activities    
Capital expenditures (0.5) (0.7)
Net Cash Provided by (Used in) Investing Activities (0.5) (0.7)
Cash Flows Used in Financing Activities    
Proceeds from the sale of common stock, net 0.0 27.2
Payment of interest classified as debt (3.1) (3.1)
Payment, Tax Withholding, Share-based Payment Arrangement 0.0 (2.4)
Proceeds from (Payments for) Other Financing Activities (0.3) (0.3)
Exercise of stock options 0.2 0.4
Net Cash (Used in) Financing Activities (3.2) 21.8
Decrease in cash, cash equivalents and restricted cash (59.9) 24.0
Cash, cash equivalents and restricted cash, start of period 196.8 157.9
Cash, cash equivalents and restricted cash, end of period 136.9 181.9
Supplemental Cash Flow Information:    
Conversion of interest payable-in-kind to long-term debt 0.0 7.5
Disposal of right to use lease assets for early termination [Member]    
Supplemental Cash Flow Information:    
Other Significant Noncash Transaction, Value of Consideration Given 0.0 (1.0)
Reclassification of stock-based compensation liability to equity [Member]    
Supplemental Cash Flow Information:    
Other Significant Noncash Transaction, Value of Consideration Given (10.6) (7.5)
Property, plant and equipment included in accounts payable and accrued liabilities [Member]    
Supplemental Cash Flow Information:    
Other Significant Noncash Transaction, Value of Consideration Given (0.2) (0.1)
Shares withheld for employee taxes [Member]    
Supplemental Cash Flow Information:    
Other Significant Noncash Transaction, Value of Consideration Received $ 1.9 $ 2.4