Note 4 - Components of Coal Workers' Pneumoconiosis (CWP) and Workers' Compensation Net Periodic Benefit Costs:

9 Months Ended

Sep. 30, 2022

Notes to Financial Statements

Pneumoconiosis Benefits And Workers Compensation Disclosure [Text Block]

NOTE 4—COMPONENTS OF COAL WORKERS’ PNEUMOCONIOSIS (CWP) AND WORKERS’ COMPENSATION NET PERIODIC BENEFIT COSTS:

The components of Net Periodic Benefit Cost are as follows:

	CWP								Workers' Compensation
	Three Months Ended				Nine Months Ended				Three Months Ended						Nine Months Ended
	September 30,				September 30,				September 30,						September 30,
	2022		2021		2022		2021		2022			2021			2022			2021
Service Cost	$	727	$	1,115	$	2,179	$	3,345	$	1,230		$	1,059		$	3,690		$	3,177
Interest Cost		1,265		1,178		3,795		3,533		343			282			1,027			846
Amortization of Actuarial Loss (Gain)		1,059		2,091		3,178		6,273		(106	)		(45	)		(316	)		(135	)
State Administrative Fees and Insurance Bond Premiums		—		—		—		—		449			445			1,334			1,357
Net Periodic Benefit Cost	$	3,051	$	4,384	$	9,152	$	13,151	$	1,916		$	1,741		$	5,735		$	5,245

Expenses related to CWP and workers’ compensation are reflected in Operating and Other Costs in the Consolidated Statements of Income.