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Consolidated Income Statements - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Revenues $ 2,294,352 $ 2,451,787 $ 2,324,623
Costs, expenses and other operating      
Cost of sales (exclusive of items shown separately below) 1,873,017 1,925,202 1,839,993
Depreciation, depletion and amortization 112,055 119,563 122,464
Accretion on asset retirement obligations 20,548 27,970 30,209
Amortization of sales contracts, net (434) 11,107 53,985
Change in fair value of coal derivatives and coal trading activities, net (18,601) 9,118 7,222
Selling, general and administrative expenses 95,781 100,300 87,952
Costs related to proposed joint venture with Peabody Energy 13,816 0 0
Preference Rights Lease Application settlement income (39,000) 0 0
Other operating income, net (19,012) (20,611) (30,241)
Costs, expenses and other operating 2,051,482 2,172,649 2,090,287
Income from operations 242,870 279,138 234,336
Interest expense, net      
Interest expense (16,485) (20,471) (26,905)
Interest and investment income 9,691 6,782 2,649
Interest expense, net (6,794) (13,689) (24,256)
Income before nonoperating expenses 236,076 265,449 210,080
Nonoperating income (expense)      
Non-service related pension and postretirement benefit costs (2,053) (3,202) (1,940)
Net loss resulting from early retirement of debt and debt restructuring 0 (485) (2,547)
Reorganization income (loss), net 24 (1,661) (2,398)
Nonoperating income (expense) (2,029) (5,348) (6,885)
Income before income taxes 234,047 260,101 203,195
Provision for (benefit from) income taxes 248 (52,476) (35,255)
Net income $ 233,799 $ 312,577 $ 238,450
Earnings per common share      
Basic earnings per common share (in dollars per share) $ 14.42 $ 15.90 $ 10.05
Diluted earnings per common share (in dollars per share) $ 13.52 $ 15.15 $ 9.84
Weighted average shares outstanding      
Basic weighted average shares outstanding (in shares) 16,218 19,663 23,725
Diluted weighted average shares outstanding (in shares) 17,298 20,629 24,240
Coal-Mac LLC      
Costs, expenses and other operating      
(Gain) loss on sale of disposal group $ 9,008 $ 0 $ 0
Lone Mountain Processing, Inc.      
Costs, expenses and other operating      
(Gain) loss on sale of disposal group $ 4,304 $ 0 $ (21,297)