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Note 10 - Revenues
 12 Months Ended
Dec. 31, 2019
Notes to Financial Statements  
REVENUES.

NOTE 10—REVENUE

Our revenue is 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 revenue is presented below:

 

 

 

 

 

 

 

 

 

 

 

 

Year ended December 31, 

(In thousands)

 

2019

    

2018

    

2017

Coal Sales

 

 

  

 

 

  

 

 

  

Domestic revenues

 

$

164,256

 

$

121,433

 

$

31,199

Export revenues

 

 

65,957

 

 

106,141

 

 

27,599

Coal Processing

 

 

 —

 

 

 —

 

 

2,238

Total revenues

 

$

230,213

 

$

227,574

 

$

61,036

 

As of December 31, 2019, outstanding performance obligations for 2020 totaled approximately 1.4 million tons for contracts having fixed pricing and 0.1 million tons for contracts with index-based pricing mechanisms.