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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Net sales    
Total net sales $ 633.9 $ 489.5
Cost of goods sold [1] 573.3 473.0
Gross profit 60.6 16.5
Selling, general and administrative expenses 12.5 14.1
Other operating expense - net 2.0 0.5
Operating income 46.1 1.9
Interest income 1.8 0.7
Bargain purchase gain 0.0 245.9
Other income (loss) - net (3.4) (1.5)
Income before income taxes 27.3 245.2
Income tax expense (1.6) (0.5)
Net income 25.7 244.7
Net loss attributable to noncontrolling interests (4.0) (2.1)
Net income attributable to Century stockholders 29.7 246.8
Less: net income allocated to participating securities 1.5 13.2
Net income allocated to common stockholders $ 28.2 $ 233.6
NET INCOME ATTRIBUTABLE TO CENTURY STOCKHOLDERS PER COMMON SHARE:    
Basic (in dollars per share) $ 0.30 $ 2.52
Diluted (in dollars per share) $ 0.29 $ 2.26
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING:    
Basic (in shares) 93.3 92.7
Diluted (in shares) 99.2 98.7
Related Party    
Net sales    
Total net sales $ 378.7 $ 315.0
Cost of goods sold 88.3 59.0
Interest expense (1.8) (1.8)
Net (loss) gain on forward and derivative contracts 0.0 4.0
Nonrelated Party    
Net sales    
Total net sales 255.2 174.5
Interest expense (10.0) (7.4)
Net (loss) gain on forward and derivative contracts $ (5.4) $ 3.4
[1]
(1) Purchases from related party were $88.3 million and $59.0 million for the quarters ended March 31, 2025 and 2024, respectively.