Note 15 - Segments of Business

3 Months Ended

Mar. 31, 2023

Notes to Financial Statements

Segment Reporting Disclosure [Text Block]

(15) SEGMENTS OF BUSINESS

At March 31, 2023, our operations are divided into two primary reportable segments, the Coal Operations and Electric Operations segments.  The remainder of our operations, which are not significant enough on a stand-alone basis to warrant treatment as an operating segment, are presented as "Corporate and Other and Eliminations" and primarily are comprised of unallocated corporate costs and activities, including a 50% interest in Sunrise Energy, LLC, a private gas exploration company with operations in Indiana, which we account for using the equity method and our wholly-owned subsidiary Summit Terminal LLC, a logistics transport facility located on the Ohio River.

	Three Months Ended March 31,
	2023			2022
		(in thousands)
Operating Revenues
Coal Operations	$	95,273		$	58,337
Electric Operations		92,494			-
Corporate and Other and Eliminations		567			570
Consolidated Operating Revenues	$	188,334		$	58,907
Income (Loss) from Operations
Coal Operations	$	13,088		$	(7,446	)
Electric Operations		18,705			-
Corporate and Other and Eliminations		(2,560	)		(1,231	)
Consolidated Income (Loss) from Operations	$	29,233		$	(8,677	)
Depreciation, Depletion and Amortization
Coal Operations	$	13,275		$	9,496
Electric Operations		4,675			-
Corporate and Other and Eliminations		26			35
Consolidated Depreciation, Depletion and Amortization	$	17,976		$	9,531
Assets
Coal Operations	$	391,248		$	350,076
Electric Operations		218,132			-
Corporate and Other and Eliminations		7,247			7,800
Consolidated Assets	$	616,627		$	357,876
Capital Expenditures
Coal Operations	$	12,639		$	9,082
Electric Operations		843			-
Corporate and Other and Eliminations		-			-
Consolidated Capital Expenditures	$	13,482		$	9,082