Dispositions

12 Months Ended

Dec. 31, 2011

Disposal Group, Including Discontinued Operation, Additional Disclosures [Abstract]

Dispositions

Dispositions

On December 29, 2009, NACoal completed the sale of certain assets of the Red River Mining Company (“Red River”). The financial position, results of operations and cash flows of Red River are reflected as discontinued operations in the accompanying Consolidated Financial Statements. Discontinued operations include revenue of Red River of $17.8 million for 2009. In addition, discontinued operations include income before taxes of Red River of $0.3 million for 2009. As a result of the sale, the Company recognized a gain of $35.8 million ($22.3 million after taxes of $13.5 million) in 2009 which is included in the Consolidated Statement of Operations on the line “Discontinued operations.” In addition, the Company received $41.4 million of cash proceeds related to the sale.