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Condensed Consolidated Statements Of Income (USD $)
In Thousands, except Per Share data
3 Months Ended 6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Jun. 30, 2010
REVENUES        
Coal sales $ 985,087 $ 764,295 $ 1,858,025 $ 1,476,169
COSTS, EXPENSES AND OTHER        
Cost of coal sales 709,953 570,861 1,363,637 1,121,611
Depreciation, depletion and amortization 95,183 87,759 178,720 176,278
Amortization of acquired sales contracts, net 1,489 5,214 7,433 15,967
Selling, general and administrative expenses 29,039 35,344 59,474 62,510
Change in fair value of coal derivatives and coal trading activities, net 2,672 4,587 888 10,464
Acquisition and transition costs related to ICG 48,666   48,666  
Gain on Knight Hawk transaction   (41,577)   (41,577)
Other operating income, net (4,732) (4,392) (5,848) (7,783)
Total operating expenses 882,270 657,796 1,652,970 1,337,470
Income from operations 102,817 106,499 205,055 138,699
Interest expense, net:        
Interest expense (42,249) (35,125) (76,829) (70,208)
Interest income 755 623 1,501 961
Interest expense, net (41,494) (34,502) (75,328) (69,247)
Other non-operating expense:        
Bridge financing costs related to ICG (49,490)   (49,490)  
Net loss resulting from early retirement of ICG debt (250)   (250)  
Other non-operating expense, Total (49,740)   (49,740)  
Income before income taxes 11,583 71,997 79,987 69,452
Provision for income taxes 186 5,723 12,716 4,948
Net income 11,397 66,274 67,271 64,504
Less: Net income attributable to noncontrolling interest (318) (118) (591) (144)
Net income attributable to Arch Coal, Inc. $ 11,079 $ 66,156 $ 66,680 $ 64,360
EARNINGS PER COMMON SHARE        
Basic earnings per common share $ 0.06 $ 0.41 $ 0.40 $ 0.40
Diluted earnings per common share $ 0.06 $ 0.41 $ 0.39 $ 0.40
Basic weighted average shares outstanding 174,244 162,388 168,442 162,380
Diluted weighted average shares outstanding 175,272 163,130 169,554 163,105
Dividends declared per common share $ 0.11 $ 0.1 $ 0.21 $ 0.19