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Condensed Consolidated Statements of Income (Loss) (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
REVENUE:        
Coal sales $ 64,754 $ 82,883 $ 177,159 $ 239,231
Other operating income (Note 8) 374 213 2,588 5,488
Total revenue 65,128 83,096 179,747 244,719
COSTS AND EXPENSES:        
Operating costs and expenses 46,570 71,363 131,204 187,783
Depreciation, depletion and amortization 9,315 11,778 30,159 35,612
Asset retirement obligations accretion 348 320 1,024 943
Exploration costs 174 347 635 835
Selling, general and administrative 3,131 2,926 8,787 9,385
Interest (1) [1] 2,329 3,558 10,877 13,546
Asset impairment 1,799 0 1,799 0
Total costs and expenses 63,666 90,292 184,485 248,104
INCOME (LOSS) BEFORE INCOME TAXES 1,462 (7,196) (4,738) (3,385)
Current (74) (426) (598) (577)
Deferred (387) (3,047) (2,657) (2,741)
Total income tax benefit (461) (3,473) (3,255) (3,318)
NET INCOME (LOSS) $ 1,923 $ (3,723) $ (1,483) $ (67)
INCOME (LOSS) PER SHARE (NOTE 13):        
Basic and diluted (in dollars per share) $ 0.06 $ (0.12) $ (0.05) $ (0.00)
WEIGHTED AVERAGE SHARES OUTSTANDING        
Basic and diluted (in shares) 30,465 30,249 30,436 30,246
(1) Bank interest $ 2,709 $ 2,801 $ 8,201 $ 8,746
Change in fair value of interest rate swaps valuation (995) 162 981 3,018
Amortization of debt issuance costs 610 543 1,686 1,628
Other 5 52 9 154
Total non-cash interest (380) 757 2,676 4,800
Total interest [1] $ 2,329 $ 3,558 $ 10,877 $ 13,546
[1] Bank interest