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Note 7 - Revenues
 6 Months Ended
Jun. 30, 2019
Notes to Financial Statements  
REVENUES.

NOTE 7—REVENUES

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 June 30, 

 

Six months ended June 30, 

 

(In thousands)

    

2019

    

2018

 

2019

    

2018

 

Coal Sales

 

 

  

 

 

  

 

 

  

 

 

  

 

Domestic revenues

 

$

39,544

 

$

34,376

 

$

76,116

 

$

60,074

 

Export revenues

 

 

26,217

 

 

30,902

 

 

47,105

 

 

61,147

 

Total revenues

 

$

65,761

 

$

65,278

 

$

123,221

 

$

121,221

 

 

As of June 30, 2019, the Company has outstanding performance obligations for the remainder of 2019 of approximately 0.8 million tons for contracts having fixed pricing and 0.1 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.