XML 51 R2.htm IDEA: XBRL DOCUMENT v2.4.0.6
Condensed Consolidated Statements Of Operations (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
Condensed Consolidated Statements Of Operations [Abstract]        
Revenues $ 1,063,538 $ 985,528 $ 2,103,189 $ 1,858,466
Costs, expenses and other        
Cost of sales 881,259 715,590 1,732,130 1,369,274
Depreciation, depletion and amortization 132,868 97,236 272,834 180,773
Amortization of acquired sales contracts, net (4,451) 1,262 (18,468) 7,206
Mine closure and asset impairment costs 525,762   525,762  
Goodwill impairment 115,791   115,791  
Selling, general and administrative expenses 35,178 29,040 66,039 59,474
Change in fair value of coal derivatives and coal trading activities, net (32,054) 2,672 (35,667) 888
Acquisition and transition costs related to ICG   48,666   48,666
Other operating income, net (1,831) (4,292) (20,329) (5,407)
Total operating expenses 1,652,522 890,174 2,638,092 1,660,874
Income (loss) from operations (588,984) 95,354 (534,903) 197,592
Interest expense, net:        
Interest expense (78,728) (42,249) (153,500) (76,829)
Interest income 1,088 755 2,109 1,501
Interest expense, net (77,640) (41,494) (151,391) (75,328)
Other nonoperating expense:        
Bridge financing costs related to ICG   (49,490)   (49,490)
Net loss resulting from early retirement and refinancing of debt (19,042) (250) (19,042) (250)
Other nonoperating expense, Total (19,042) (49,740) (19,042) (49,740)
Income (loss) before income taxes (685,666) 4,120 (705,336) 72,524
Provision for (benefit from) income taxes (250,242) (2,510) (271,321) 10,020
Net income (loss) (435,424) 6,630 (434,015) 62,504
Less: Net income attributable to noncontrolling interest (65) (318) (268) (591)
Net income (loss) attributable to Arch Coal, Inc. $ (435,489) $ 6,312 $ (434,283) $ 61,913
Earnings per common share        
Basic earnings (loss) per common share $ (2.05) $ 0.04 $ (2.05) $ 0.37
Diluted earnings (loss) per common share $ (2.05) $ 0.04 $ (2.05) $ 0.37
Basic, weighted average shares outstanding 212,048 174,244 211,868 168,442
Diluted, weighted average shares outstanding 212,048 175,272 211,868 169,554
Dividends declared per common share $ 0.03 $ 0.11 $ 0.14 $ 0.21