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Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Successor        
Revenues $ 613,538   $ 1,764,379  
Costs, expenses and other operating        
Cost of sales (exclusive of items shown separately below) 495,424   1,391,872  
Depreciation, depletion and amortization 31,914   94,536  
Accretion on asset retirement obligations 7,580   22,826  
Amortization of sales contracts, net 13,861   42,903  
Change in fair value of coal derivatives and coal trading activities, net 1,028   2,745  
Asset impairment and mine closure costs 0   0  
Selling, general and administrative expenses 21,052   63,721  
Gain on sale of Lone Mountain Processing, Inc. (21,574)   (21,574)  
Other operating income, net (8,236)   (14,095)  
Total operating expenses 541,049   1,582,934  
Income (loss) from operations 72,489   181,445  
Interest expense, net        
Interest expense (5,972)   (21,400)  
Interest and investment income 720   2,089  
Interest expense, net (5,252)   (19,311)  
Income (loss) before nonoperating expenses 67,237   162,134  
Nonoperating expenses        
Net loss resulting from early retirement of debt and debt restructuring (486)   (2,547)  
Reorganization items, net (43)   (2,892)  
Nonoperating income (expense) (529)   (5,439)  
Income (loss) before income taxes 66,708   156,695  
Benefit from income taxes (1,643)   (484)  
Net income (loss) $ 68,351   $ 157,179  
Net income (loss) per common share        
Basic earnings (loss) per common share (in dollars per share) $ 2.90   $ 6.44  
Diluted earnings (loss) per common share (in dollars per share) $ 2.83   $ 6.32  
Weighted average shares outstanding        
Basic weighted average shares outstanding (shares) 23,580   24,416  
Diluted weighted average shares outstanding (shares) 24,135   24,875  
Dividends declared per common share (in dollars per share) $ 0.35   $ 0.7  
Predecessor        
Revenues   $ 550,305   $ 1,398,709
Costs, expenses and other operating        
Cost of sales (exclusive of items shown separately below)   442,462   1,264,464
Depreciation, depletion and amortization   69,423   191,581
Accretion on asset retirement obligations   7,965   24,321
Amortization of sales contracts, net   104   (728)
Change in fair value of coal derivatives and coal trading activities, net   488   2,856
Asset impairment and mine closure costs   46   129,267
Selling, general and administrative expenses   20,498   59,343
Gain on sale of Lone Mountain Processing, Inc.   0   0
Other operating income, net   (2,476)   (15,257)
Total operating expenses   538,510   1,655,847
Income (loss) from operations   11,795   (257,138)
Interest expense, net        
Interest expense   (46,164)   (135,888)
Interest and investment income   582   2,653
Interest expense, net   (45,582)   (133,235)
Income (loss) before nonoperating expenses   (33,787)   (390,373)
Nonoperating expenses        
Net loss resulting from early retirement of debt and debt restructuring   0   (2,213)
Reorganization items, net   (20,904)   (46,050)
Nonoperating income (expense)   (20,904)   (48,263)
Income (loss) before income taxes   (54,691)   (438,636)
Benefit from income taxes   (3,270)   (4,626)
Net income (loss)   $ (51,421)   $ (434,010)
Net income (loss) per common share        
Basic earnings (loss) per common share (in dollars per share)   $ (2.41)   $ (20.38)
Diluted earnings (loss) per common share (in dollars per share)   $ (2.41)   $ (20.38)
Weighted average shares outstanding        
Basic weighted average shares outstanding (shares)   21,293   21,293
Diluted weighted average shares outstanding (shares)   21,293   21,293
Dividends declared per common share (in dollars per share)   $ 0   $ 0