Derivative Instruments (Tables)

12 Months Ended

Dec. 31, 2011

Derivative Instruments [Abstract]

Derivative For Risk Management Purposes

	2012	2013	2014	2015
(Tons in thousands)
Coal sales	2,416	1,117	1,440	720
Coal purchases	254	—	—	—

Disclosure Of Fair Value Of Derivatives

Fair Value of Derivatives

(In thousands)

	December 31, 2011								December 31, 2010
	Asset Derivative			Liability Derivative					Asset Derivative			Liability Derivative
Derivatives Designated as Hedging Instruments
Heating oil – diesel purchases	$	8,997		$	—				$	13,475		$	—
Coal	1,109			—					2,009			(2,350		)
Total	10,106			—					15,484			(2,350		)
Derivatives Not Designated as Hedging Instruments
Heating oil  – fuel surcharges	1,797			—					—			—
Coal — held for trading purposes	15,505			(19,927		)			34,445			(24,087		)
Coal	14,855			(6,035		)			1,139			(912		)
Total	32,157			(25,962		)			35,584			(24,999		)
Total derivatives	42,263			(25,962		)			51,068			(27,349		)
Effect of counterparty netting	(18,134		)	18,134					(22,402		)	22,402
Net derivatives as classified in the balance sheets	$	24,129		$	(7,828	)	$	16,301	$	28,666		$	(4,947	)	$	23,719

Net derivatives as reflected on the balance sheets

		December 31, 2011			December 31, 2010
Heating oil	Other current assets	$	10,794		$	13,475
Coal	Coal derivative assets	13,335			15,191
	Coal derivative liabilities	(7,828		)	(4,947		)
		$	16,301		$	23,719

The Company had a current asset for the right to reclaim cash collateral of $12.4 million and $10.3 million at December 31, 2011 and December 31, 2010, respectively. These amounts are not included with the derivatives presented in the table above and are included in "other current assets" in the accompanying consolidated balance sheets.

Effects Of Derivatives On Measures Of Financial Performance

Derivatives used in Fair Value Hedging	Gain on Derivatives Used in						Hedged Items in Fair Value Hedge	Loss on Hedged Items In Fair Value
Relationships	Fair Value Hedge Relationships						Relationships	Hedge Relationships
	2011		2010		2009			2011		2010		2009
	(In thousands)							(In thousands)
Coal	$        —	(3)	$     —	(3)	$      2,586	(3)	Firm commitments	$                      —	(3)	$     —	(3)	$  (2,586)	(3)

Derivatives used inCash Flow Hedging	Gain (Loss) Recognized in OCI (Effective Portion)										Gains (Losses) Reclassified from OCI into Income (Effective Portion)
Relationships	2011			2010			2009			2011				2010			2009
Heating oil – diesel purchases	$	1,294		$	(149	)	$	10,309		$		14,866	(2)	$	437	(2)	$	(49,055	)	(2)
Coal sales	4,923			(4,714		)	(7,441		)	1,572			(1)	(1,602)		(1)	(6,999		)	(1)
Coal purchases	(2,009		)	5,145			1,089			—			(2)	(1,202)		(2)	(13,181		)	(2)
Totals	$	4,208		$	282		$	3,957		$		16,438		$	(2,367	)	$	(69,235)

Derivatives used inCash Flow Hedging	Gain (Loss) Recognized in Income (Ineffective Portion and Amount Excluded from Effectiveness Testing)
Relationships	2011		2010		2009
Heating oil – diesel purchases	$	—	$	—	$                —
Coal sales	—		—		—
Coal purchases	—		—		—
Totals	$	—	$	—	$	—

Derivatives Not Designated as	Gain (Loss)
Hedging Instruments	2011			2010			2009
Coal — unrealized	$	6,438	(3)	$	(10,991)	(3)	$           9,673	(3)
Coal — realized	$	(7)	(4)	$	4,542	(4)	$                 —	(4)
Heating oil — fuel surcharges — unrealized	$	(2,906)	(4)	$	—	(4)	$                 —	(4)

Location in Statement of Income:

(1)Revenues

(2)Cost of sales

(3)Change in fair value of coal derivatives and coal trading activities, net

(4)Other operating income, net