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Condensed Consolidated Income Statements - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Condensed Consolidated Income Statements        
Revenues $ 1,133,358 $ 450,389 $ 2,001,294 $ 807,932
Costs, expenses and other operating        
Cost of sales (exclusive of items shown separately below) 639,760 355,329 1,147,985 665,235
Depreciation, depletion and amortization 32,780 27,884 64,990 53,681
Accretion on asset retirement obligations 4,430 5,437 8,860 10,874
Change in fair value of coal derivatives and coal trading activities, net 1,877 8,762 17,396 9,290
Selling, general and administrative expenses 26,516 24,119 53,164 45,599
Other operating expense (income), net 5,238 (4,347) 1,799 (9,615)
Costs, expenses and other operating 710,601 417,184 1,294,194 775,064
Income from operations 422,757 33,205 707,100 32,868
Interest expense, net        
Interest expense (5,138) (2,941) (12,185) (7,069)
Interest and investment income 528 147 552 474
Interest expense, net (4,610) (2,794) (11,633) (6,595)
Income before nonoperating expenses 418,147 30,411 695,467 26,273
Nonoperating expenses        
Non-service related pension and postretirement benefit costs (459) (539) (1,332) (2,066)
Net loss resulting from early retirement of debt (9,629)   (13,749)  
Nonoperating expenses (10,088) (539) (15,081) (2,066)
Income before income taxes 408,059 29,872 680,386 24,207
Provision for income taxes 496 2,006 951 2,383
Net income $ 407,563 $ 27,866 $ 679,435 $ 21,824
Net income per common share        
Basic earnings per share (in dollars per share) $ 24.26 $ 1.82 $ 42.14 $ 1.43
Diluted earnings per share (in dollars per share) $ 19.30 $ 1.66 $ 32.21 $ 1.31
Weighted average shares outstanding        
Basic weighted average shares outstanding (in shares) 16,801 15,294 16,124 15,289
Diluted weighted average shares outstanding (in shares) 21,452 16,756 21,362 16,598
Dividends declared per common share (in dollars per share) $ 8.11   $ 8.36