Segment Information (Tables)

3 Months Ended

Mar. 31, 2018

The Corporate, Other and Eliminations grouping includes these charges, as well as the change in fair value of coal derivatives and coal trading activities, net; corporate overhead; land management activities; other support functions; and the elimination of intercompany transactions.



	PRB		MET		Other Thermal		Corporate, Other and Eliminations			Consolidated
	(in thousands)
Three Months Ended March 31, 2018
Revenues	$	245,428	$	238,347	$	91,520	$	—		$	575,295
Adjusted EBITDA	27,502		83,742		15,669		(22,000		)	104,913
Depreciation, depletion and amortization	8,423		16,986		3,835		459			29,703
Accretion on asset retirement obligation	4,885		469		565		1,073			6,992
Total assets	383,823		548,804		130,132		913,919			1,976,678
Capital expenditures	698		5,829		1,206		1,720			9,453

Three Months Ended March 31, 2017
Revenues	$	273,428	$	225,582	$	101,906	$	59		$	600,975
Adjusted EBITDA	48,006		68,310		27,242		(22,339		)	121,219
Depreciation, depletion and amortization	9,510		18,764		3,200		447			31,921
Accretion on asset retirement obligation	5,040		528		540		1,515			7,623
Total assets	433,370		575,789		128,529		1,007,228			2,144,916
Capital expenditures	128		4,610		741		471			5,950

Reconciliation Statement of Segment Income from Operations to Consolidated Income Before Income Taxes

A reconciliation of adjusted EBITDA to consolidated income before income taxes follows:



	Three Months Ended March 31,
	2018		2017
	(In thousands)
Income before income taxes	$	59,441	$	52,508
Interest expense, net	4,122		8,898
Depreciation, depletion and amortization	29,703		31,921
Accretion on asset retirement obligations	6,992		7,623
Amortization of sales contracts, net	3,051		14,690
Net loss resulting from early retirement of debt and debt restructuring	—		2,030
Non-service related pension and postretirement benefit costs	1,303		721
Reorganization items, net	301		2,828
Adjusted EBITDA	$	104,913	$	121,219