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Consolidated Balance Sheet (USD $)
In Thousands
Jun. 30, 2011
Dec. 31, 2010
ASSETS    
Cash and cash equivalents $ 17,532 $ 10,277
Certificates of deposit   1,291
Prepaid Federal income taxes   3,853
Accounts receivable 6,260 5,450
Coal inventory 3,505 2,100
Parts and supply inventory 2,193 2,411
Other 1,114 850
Total current assets 30,604 26,232
Coal properties, at cost:    
Land, buildings and equipment 123,862 114,476
Mine development 62,756 59,351
[CoalPropertiesAtCost] 186,618 173,827
Less - accumulated DD&A (35,171) (28,435)
[CoalPropertiesNet] 151,447 145,392
Investment in Savoy 10,816 7,717
Investment in Sunrise Energy 2,919 2,375
Other assets 6,681 4,948
[Assets] 202,467 186,664
Current liabilities:    
Current portion of bank debt 10,000 10,000
Accounts payable and accrued liabilities 10,156 8,809
Income taxes 1,556  
Interest rate swaps, at estimated fair value 339 692
Total current liabilities 22,051 19,501
Long-term liabilities:    
Bank debt, net of current portion 12,500 17,500
Deferred income taxes 23,558 17,435
Asset retirement obligations 1,191 1,150
Other 4,345 4,345
Total long-term liabilities 41,594 40,430
Total liabilities 63,645 59,931
Stockholders’ equity:    
Preferred stock, $.10 par value, 10,000 shares authorized; none issued    
Common stock, $.01 par value, 100,000 shares authorized; 28,136 and 27,924 shares outstanding, respectively 281 279
Additional paid-in capital` 84,888 84,073
Retained earnings 53,609 42,381
Accumulated other comprehensive income 44  
Total stockholders’ equity 138,822 126,733
[LiabilitiesAndStockholdersEquity] $ 202,467 $ 186,664