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Quarterly Selected Financial Data
 12 Months Ended
Dec. 31, 2014
Quarterly Financial Information [Abstract]  
Quarterly Selected Financial Data
Quarterly Selected Financial Data

Year Ended
December 31, 2014
March 31
 
June 30
 
September 30
 
December 31
 
 
(a)
 
(a) (c)
 
(a) (c)
 
(a) (c)
 
 
(In thousands, except per share data)
 
 
 
 
 
 
 
 
 
Revenues
$
735,971

 
$
713,776

 
$
742,180

 
$
745,192

Gross profit (loss)
$
(49,842
)
 
$
(6,350
)
 
$
(5,851
)
 
$
32,264

Asset impairment and mine closure costs
$
—

 
$
1,512

 
$
5,060

 
$
17,541

Loss from operations
$
(73,123
)
 
$
(35,805
)
 
$
(35,300
)
 
$
(5,303
)
Net loss
$
(124,140
)
 
$
(96,860
)
 
$
(97,218
)
 
$
(240,135
)
Diluted loss per common share
$
(0.59
)
 
$
(0.46
)
 
$
(0.46
)
 
$
(1.13
)

Year Ended
December 31, 2013
March 31
 
June 30
 
September 30
 
December 31
 
 
(a)
 
(a)
 
(a)
 
(a)
 
 
(In thousands, except per share data)
 
 
 
 
 
 
 
 
 
Revenues
$
737,370

 
$
766,332

 
$
791,269

 
$
719,386

Gross profit (loss)
$
(18,560
)
 
$
2,505

 
$
90

 
$
(44,801
)
Asset impairment and mine closure costs
$
—

 
$
20,482

 
$
200,397

 
$
—

Goodwill impairment
$
—

 
$
—

 
$
—

 
$
265,423

Loss from operations
$
(51,431
)
 
$
(36,279
)
 
$
(234,753
)
 
$
(340,678
)
Loss from continuing operations
$
(84,316
)
 
$
(80,351
)
 
$
(207,767
)
 
$
(372,794
)
Income from discontinued operations, net of tax (b)
$
14,267

 
$
8,145

 
$
79,404

 
$
1,580

Net loss
$
(70,049
)
 
$
(72,206
)
 
$
(128,363
)
 
$
(371,214
)
Diluted loss per common share from:
 
 
 
 
 
 
 
Income (loss) from continuing operations
$
(0.40
)
 
$
(0.38
)
 
$
(0.98
)
 
$
(1.76
)
Net loss
$
(0.33
)
 
$
(0.34
)
 
$
(0.61
)
 
$
(1.75
)


(a) Challenging coal markets resulted in impairment charges relating to mining and other operations, investments in equity method subsidiaries, prepaid mining royalties and goodwill in 2014 and 2013. See further discussion in Note 5, "Impairment Charges and Mine Closure Costs ", Note 6, "Goodwill ", and Note 9, " Equity Method Investments and Membership Interests in Joint Ventures."

(b) The Company entered into a definitive agreement on June 27, 2013 to sell Canyon Fuel and the sale was completed on August 16, 2013. Beginning in the second quarter of 2013, all quarterly filings with the Securities and Exchange Commission reflected Canyon Fuel as a discontinued operation in the consolidated statements of operations. See further information in Note 3, "Divestitures".

(c) The Company determined that it would not realize the benefit from federal and state net operating losses it generated in 2014, based on projections of future taxable income, and as a result, recorded a valuation allowance against net operating losses of $23.8. million, $18.3 million, $15.8 million and $169.0 million in the second, third and fourth quarters of 2014, respectively.