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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
SALES AND OPERATING REVENUES:    
Coal sales $ 57,010 $ 45,879
Other revenues 1,897 816
Total revenue 58,907 46,695
EXPENSES:    
Operating expenses 54,601 34,009
Depreciation, depletion and amortization 9,531 10,307
Asset retirement obligations accretion 246 363
Exploration costs 57 58
General and administrative 3,149 2,821
Total operating expenses 67,584 47,558
LOSS FROM OPERATIONS (8,677) (863)
Interest expense [1] (1,784) (1,898)
Equity method investment income 150 0
LOSS BEFORE INCOME TAXES (10,311) (2,761)
Current 0 0
Deferred (177) (1,729)
Total income tax benefit (177) (1,729)
NET LOSS $ (10,134) $ (1,032)
NET LOSS PER SHARE:    
Basic and diluted (in dollars per share) $ (0.33) $ (0.03)
WEIGHTED AVERAGE SHARES OUTSTANDING    
Basic and diluted (in shares) 30,785 30,611
(1) Interest Expense:    
Bank interest $ 1,710 $ 2,135
Non-cash interest:    
Change in interest rate swap valuation (617) (848)
Amortization of debt issuance costs 691 611
Total non-cash interest 74 (237)
Total interest expense [1] $ 1,784 $ 1,898
[1] Interest Expense