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Condensed Consolidated Statements of Income (Loss) (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
REVENUE:        
Coal sales $ 50,473 $ 71,113 $ 112,405 $ 156,348
Other operating income (Note 8) 1,608 1,197 2,214 5,275
Total revenue 52,081 72,310 114,619 161,623
COSTS AND EXPENSES:        
Operating costs and expenses 36,165 54,001 84,634 116,420
DD&A 10,217 12,096 20,844 23,834
ARO accretion 343 314 676 623
Exploration costs 208 208 461 488
SG&A 2,678 3,475 5,656 6,459
Interest (1) [1] 2,834 5,369 8,548 9,988
Total costs and expenses 52,445 75,463 120,819 157,812
INCOME (LOSS) BEFORE INCOME TAXES (364) (3,153) (6,200) 3,811
INCOME TAX EXPENSE (BENEFIT) (NOTE 9):        
Current 0 78 (524) (151)
Deferred (618) 113 (2,270) 306
Total income tax expense (benefit) (618) 191 (2,794) 155
NET INCOME (LOSS) $ 254 $ (3,344) $ (3,406) $ 3,656
NET INCOME (LOSS) PER SHARE (NOTE 13):        
Basic and diluted (in dollars per share) $ 0.01 $ (0.11) $ (0.11) $ 0.12
WEIGHTED AVERAGE SHARES OUTSTANDING        
Basic and diluted (in shares) 30,423 30,245 30,421 30,245
(1) Bank interest $ 2,842 $ 2,933 $ 5,496 $ 5,945
Change in interest rate swap valuation (617) 1,843 1,976 2,856
Amortization of debt issuance costs 609 542 1,076 1,085
Other 0 51 0 102
Total non-cash interest (8) 2,436 3,052 4,043
Total interest [1] $ 2,834 $ 5,369 $ 8,548 $ 9,988
[1] (1) Bank interest 2,654 3,012 2,654 3,012 Non-cash interest: Change in interest rate swap valuation 2,593 1,013 2,593 1,013 Amortization of debt issuance costs 467 543 467 543 Other — 51 — 51 Total non-cash interest 3,060 1,607 3,060 1,607 Total interest $ 5,714 $ 4,619 $ 5,714 $ 4,619