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Condensed Consolidated Income Statements - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Income Statement [Abstract]        
Revenues $ 619,467 $ 633,180 $ 1,744,872 $ 1,800,824
Costs, expenses and other operating        
Cost of sales (exclusive of items shown separately below) 491,004 482,029 1,380,563 1,411,197
Depreciation, depletion and amortization 30,402 31,775 82,199 92,027
Accretion on asset retirement obligations 5,137 6,992 15,411 20,977
Amortization of sales contracts, net (153) 3,241 (77) 9,540
Change in fair value of coal derivatives and coal trading activities, net 1,530 10,418 (19,851) 22,142
Selling, general and administrative expenses 24,566 22,909 73,864 73,613
Costs related to proposed joint venture with Peabody Energy 3,754 0 6,772 0
Loss on sale of Lone Mountain Processing, LLC 0 0 (4,304) 0
Preference Rights Lease Application settlement income (39,000) 0 (39,000) 0
Other operating income, net (4,254) (7,070) (9,143) (21,320)
Costs, expenses and other operating 512,986 550,294 1,495,042 1,608,176
Income from operations 106,481 82,886 249,830 192,648
Interest expense, net        
Interest expense (4,049) (5,179) (12,856) (15,624)
Interest and investment income 3,709 1,801 7,940 4,626
Interest expense, net (340) (3,378) (4,916) (10,998)
Income before nonoperating expenses 106,141 79,508 244,914 181,650
Nonoperating (expenses) income        
Non-service related pension and postretirement benefit (costs) credits 975 (971) (2,127) (2,206)
Net loss resulting from early retirement of debt and debt restructuring 0 0 0 (485)
Reorganization items, net 0 (560) 71 (1,601)
Nonoperating expenses 975 (1,531) (2,056) (4,292)
Income before income taxes 107,116 77,977 242,858 177,358
Provision for (benefit from) income taxes 347 (45,215) 508 (49,125)
Net income $ 106,769 $ 123,192 $ 242,350 $ 226,483
Net income per common share        
Basic earnings per common share (in dollars per share) $ 6.79 $ 6.40 $ 14.61 $ 11.27
Diluted earnings per common share (in dollars per share) $ 6.34 $ 6.10 $ 13.66 $ 10.76
Weighted average shares outstanding        
Basic weighted average shares outstanding (in shares) 15,736 19,250 16,591 20,102
Diluted weighted average shares outstanding (in shares) 16,852 20,208 17,744 21,040
Dividends declared per common share (in dollars per share) $ 0.45 $ 0.40 $ 1.35 $ 1.20