Note 7 - Revenues

3 Months Ended

Mar. 31, 2019

Notes to Financial Statements

Revenue from Contract with Customer [Text Block]

NOTE

7

—

REVENUE

S

Our revenues are derived from contracts for the sale of coal which is recognized at the point in time control is transferred to our customer. Generally, domestic sales contracts have terms of about

one

year and the pricing is typically fixed. Export sales have spot or term contracts and pricing can either be by fixed-price or a price derived against index-based pricing mechanisms. Disaggregated information about our revenues is presented below:

	Three months ended March 31,
In thousands	2019		2018
Coal Sales
Domestic revenues	$	36,571	$	23,610
Export revenues		20,889		32,333
Total revenues	$	57,460	$	55,943

As of 

March 31, 2019,

the Company has outstanding performance obligations for the remainder of 

2019

 of approximately

1.2

million tons for contracts having fixed pricing and 

0.3

million tons for contracts to export customers with index-based pricing mechanisms. Additionally, the Company has outstanding performance obligations beyond 

2019

 of approximately

0.1

million tons for export contracts with index-based pricing mechanisms.