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Segment Information
 9 Months Ended
Sep. 30, 2014
Segment Reporting [Abstract]  
Segment Information
Segment Information  

The Company's reportable business segments are based on the major coal producing basins in which the Company operates and may include a number of mine complexes. The Company manages its coal sales by coal basin, not by individual mining complex. Geology, coal transportation routes to customers, regulatory environments and coal quality or type are characteristic to a basin, and, accordingly, market and contract pricing have developed by coal basin. Mining operations are evaluated based on their per-ton operating costs (defined as including all mining costs but excluding pass-through transportation expenses), as well as on other non-financial measures, such as safety and environmental performance. The Company’s reportable segments are the Powder River Basin (PRB) segment, with operations in Wyoming; and the Appalachia (APP) segment, with operations primarily in West Virginia.  The “Other” category combines other operating segments and includes the Company’s coal mining operations in Colorado and Illinois and its ADDCAR subsidiary, which the Company sold in the first quarter of 2014.
 
Operating segment results for the three and nine months ended September 30, 2014 and 2013 are presented below. Results for the reportable segments include all direct costs of mining, including all depreciation, depletion and amortization related to the mining operations, even if the assets are not recorded at the operating segment level. These reportable segment results do not reflect impairment charges, since those are not reflected in the operating income reviewed by management. Corporate, Other and Eliminations includes these charges, as well as the change in fair value of coal derivatives and coal trading activities, net; corporate overhead; land management; other support functions; and the elimination of intercompany transactions. The operating segment results and capital expenditures reflect only those from continuing operations, and exclude the results of Canyon Fuel, since they are classified as discontinued operations in the condensed consolidated statements of operations for the three and nine months ended September 30, 2013. Because the condensed consolidated statement of cash flows includes cash flows from discontinued operations, capital expenditures from discontinued operations are included in "Corporate, Other and Eliminations" below.

 
 
PRB
 
APP
 
Other
Operating
Segments
 
Corporate,
Other and
Eliminations
 
Consolidated
 
 
(in thousands)
Three Months Ended September 30, 2014
 
 
 
 

 
 

 
 

 
 

Revenues
 
$
389,386

 
$
272,354

 
$
80,440

 
$
—

 
$
742,180

Income (loss) from operations
 
18,797

 
(35,888
)
 
17,912

 
(36,121
)
 
(35,300
)
Depreciation, depletion and amortization
 
43,962

 
48,867

 
10,499

 
1,827

 
105,155

Amortization of acquired sales contracts, net
 
(1,200
)
 
(1,815
)
 
2

 
—

 
(3,013
)
Asset impairment and mine closure costs
 
—

 
5,060

 
—

 
—

 
5,060

Capital expenditures
 
8,174

 
9,039

 
4,678

 
1,064

 
22,955

 
 
 
 
 
 
 
 
 
 
 
Three Months Ended September 30, 2013
 
 
 
 

 
 

 
 

 
 

Revenues
 
$
420,521

 
$
263,189

 
$
107,559

 
$
—

 
$
791,269

Income (loss) from operations
 
20,694

 
(157,883
)
 
56

 
(97,620
)
 
(234,753
)
Depreciation, depletion and amortization
 
46,619

 
46,530

 
11,958

 
1,216

 
106,323

Amortization of acquired sales contracts, net
 
(864
)
 
(2,691
)
 
987

 
—

 
(2,568
)
Asset impairment and mine closure costs
 
—

 
126,449

 
16,280

 
57,668

 
200,397

Capital expenditures
 
1,695

 
44,624

 
7,122

 
663

 
54,104

 
 
 
 
 
 
 
 
 
 
 
Nine Months Ended September 30, 2014
 
 
 
 
 
 
 
 
 
 
Revenues
 
$
1,106,258

 
$
832,452

 
253,217

 
$
—

 
$
2,191,927

Income (loss) from operations
 
19,001

 
(79,890
)
 
34,640

 
(117,978
)
 
(144,227
)
Depreciation, depletion and amortization
 
124,243

 
155,087

 
29,601

 
3,111

 
312,042

Amortization of acquired sales contracts, net
 
(2,774
)
 
(7,266
)
 
92

 
—

 
(9,948
)
Asset impairment and mine closure costs
 
—

 
5,060

 
—

 
1,512

 
6,572

Capital expenditures
 
17,230

 
28,232

 
8,837

 
64,402

 
118,701

 
 
 
 
 
 
 
 
 
 
 
Nine Months Ended September 30, 2013
 
 
 
 
 
 
 
 
 
 
Revenues
 
$
1,135,892

 
$
883,485

 
$
275,594

 
$
—

 
$
2,294,971

Income (loss) from operations
 
53,244

 
(190,278
)
 
23,359

 
(208,788
)
 
(322,463
)
Depreciation, depletion and amortization
 
130,993

 
157,867

 
34,319

 
4,422

 
327,601

Amortization of acquired sales contracts, net
 
(3,004
)
 
(7,975
)
 
3,392

 
—

 
(7,587
)
Asset impairment and mine closure costs
 
—

 
126,449

 
16,280

 
78,150

 
220,879

Capital expenditures
 
5,671

 
137,390

 
17,923

 
62,184

 
223,168


A reconciliation of segment income (loss) from operations to consolidated loss before income taxes follows:

 
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
 
 
2014
 
2013
 
2014
 
2013
 
 
 
(In thousands)
 
 
 
 
 
Loss from operations
 
$
(35,300
)
 
$
(234,753
)
 
$
(144,227
)
 
$
(322,463
)
 
Interest expense
 
(98,217
)
 
(95,624
)
 
(292,648
)
 
(285,454
)
 
Interest and investment income
 
1,949

 
697

 
5,828

 
4,749

 
Loss from continuing operations before income taxes
 
$
(131,568
)
 
$
(329,680
)
 
$
(431,047
)
 
$
(603,168
)