XML 47 R4.htm IDEA: XBRL DOCUMENT v3.22.1
Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
SALES AND OPERATING REVENUES:    
Coal sales $ 243,903 $ 242,084
Other revenues 3,763 2,157
Total revenue 247,666 244,241
EXPENSES:    
Operating expenses 198,840 185,957
Depreciation, depletion and amortization 39,973 39,644
Asset impairment 1,588 1,799
Asset retirement obligations accretion 1,504 1,381
Asset retirement obligations change in estimate (3,510) 0
Exploration costs 482 768
General and administrative 14,833 11,594
Total operating expenses 253,710 241,143
INCOME (LOSS) FROM OPERATIONS (6,044) 3,098
Interest expense [1] (8,048) (13,030)
Gain on extinguishment of debt 10,000 0
Equity method investment income 364 1,054
LOSS BEFORE INCOME TAXES (3,728) (8,878)
Current 0 (598)
Deferred 26 (2,060)
Total income tax expense (benefit) 26 (2,658)
NET LOSS $ (3,754) $ (6,220)
NET LOSS PER SHARE:    
Basic and diluted (in dollars per share) $ (0.12) $ (0.20)
WEIGHTED AVERAGE SHARES OUTSTANDING:    
Basic and diluted (in shares) 30,614 30,446
(1) Bank interest $ 8,510 $ 10,653
Non-cash interest:    
Change in interest rate swap valuation (3,026) 68
Amortization of debt issuance costs 2,564 2,296
Other 0 13
Total non-cash interest (462) 2,377
Total interest [1] $ 8,048 $ 13,030
[1] Interest Expense