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BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 205,577 $ 35,470
Short-term investments 17,501 17,501
Trade accounts receivable 138,399 117,746
Other receivables 1,434 5,306
Income tax receivable 21,607 9,176
Inventories, net 56,719 54,294
Prepaid expenses and other 27,932 29,376
Total current assets 469,169 268,869
Mineral interests, net 120,427 130,004
Property, plant and equipment, net 540,315 536,745
Non-current income tax receivable 21,310 39,255
Deferred income taxes 222,780 0
Other long-term assets 21,039 18,442
Total assets 1,395,040 993,315
Current liabilities:    
Accounts payable 33,588 28,076
Accrued expenses 82,342 66,704
Asset retirement obligations 2,775 3,572
Other current liabilities 4,967 6,903
Current portion of long-term debt 760 2,965
Total current liabilities 124,432 108,220
Total long-term debt 468,231 342,948
Deferred income taxes 0 258
Asset retirement obligations 59,049 96,096
Black lung obligations 25,206 30,208
Other long-term liabilities 5,510 2,562
Total liabilities 682,428 580,292
Commitments and contingencies
Stockholders’ Equity:    
Common stock, $0.01 par value per share (Authorized -140,000,000 shares, 53,256,098 issued and 51,622,898 outstanding as of December 31, 2018 and 53,284,470 issued and outstanding as of December 31, 2017) 533 534
Preferred stock, $0.01 par value per share (10,000,000 shares authorized, no shares issued and outstanding) 0 0
Treasury Stock, at cost (1,633,200 shares) (38,030) 0
Additional paid in capital 239,827 329,993
Retained earnings 510,282 82,496
Total stockholders’ equity 712,612 413,023
Total liabilities and stockholders’ equity $ 1,395,040 $ 993,315