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Quarterly Results of Operations (Unaudited) (Tables)
 12 Months Ended
Dec. 31, 2017
Quarterly Financial Information Disclosure [Abstract]  
Schedule of Quarterly Financial Information
A summary of the unaudited results of operations for the year ended December 31 is as follows:
 
2017
 
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
 
 
 
 
 
 
 
 
Revenues
$
28,300

 
$
28,100

 
$
21,941

 
$
26,437

Gross profit
$
4,558

 
$
4,597

 
$
2,475

 
$
5,289

Earnings of unconsolidated mines
$
14,955

 
$
13,475

 
$
16,197

 
$
16,734

Operating profit (loss)
 
 
 
 
 
 
 
NACoal
$
11,326

 
$
10,876

 
$
8,925

 
$
8,550

NACCO and Other
(1,520
)
 
(1,363
)
 
(1,936
)
 
(2,044
)
 
$
9,806

 
$
9,513

 
$
6,989

 
$
6,506

 
 
 
 
 
 
 
 
Income from continuing operations, net of tax
$
8,220

 
$
7,233

 
$
3,331

 
$
9,679

Discontinued operations, net of tax
(3,242
)
 
(444
)
 
5,067

 
493

Net income
$
4,978

 
$
6,789

 
$
8,398

 
$
10,172

 
 
 
 
 
 
 
 
Basic earnings (loss) per share:
 
 
 
 
 
 
 
Continuing operations
$
1.21

 
$
1.06

 
$
0.49

 
$
1.41

Discontinued operations
(0.48
)
 
(0.06
)
 
0.74

 
0.07

Basic earnings per share
$
0.73

 
$
1.00

 
$
1.23

 
$
1.48

 
 
 
 
 
 
 
 
Diluted earnings (loss) per share:
 
 
 
 
 
 
 
Continuing operations
$
1.20

 
$
1.06

 
$
0.49

 
$
1.40

Discontinued operations
(0.47
)
 
(0.06
)
 
0.74

 
0.07

Diluted earnings per share
$
0.73

 
$
1.00

 
$
1.23

 
$
1.47


 
2016
 
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
 
 
 
 
 
 
 
 
Revenues
$
30,287

 
$
23,089

 
$
32,402

 
$
25,303

Gross profit
$
5,968

 
$
2,237

 
$
1,647

 
$
2,230

Earnings of unconsolidated mines
$
12,648

 
$
13,035

 
$
15,102

 
$
14,453

Operating profit (loss)
 
 
 
 
 
 
 
NACoal (1) (2)
$
9,742

 
$
4,823

 
$
(10,912
)
 
$
1,966

NACCO and Other
(1,441
)
 
(1,297
)
 
(1,867
)
 
(2,673
)
 
$
8,301

 
$
3,526

 
$
(12,779
)
 
$
(707
)
 
 
 
 
 
 
 
 
Income (loss) from continuing operations, net of tax
$
7,760

 
$
1,944

 
$
(2,132
)
 
$
(4,616
)
Discontinued operations, net of tax
(4,958
)
 
1,171

 
1,691

 
28,747

Net income (loss)
$
2,802

 
$
3,115

 
$
(441
)
 
$
24,131

 
 
 
 
 
 
 
 
Basic earnings (loss) per share:
 
 
 
 
 
 
 
Continuing operations
$
1.13

 
$
0.28

 
$
(0.31
)
 
$
(0.68
)
Discontinued operations
(0.72
)
 
0.17

 
0.25

 
4.24

Basic earnings (loss) per share
$
0.41

 
$
0.45

 
$
(0.06
)
 
$
3.56

 
 
 
 
 
 
 
 
Diluted earnings (loss) per share:
 
 
 
 
 
 
 
Continuing operations
$
1.13

 
$
0.28

 
$
(0.31
)
 
$
(0.68
)
Discontinued operations
(0.72
)
 
0.17

 
0.25

 
4.21

Diluted earnings (loss) per share
$
0.41

 
$
0.45

 
$
(0.06
)
 
$
3.53



(1) During the fourth quarter of 2016, NACoal recorded a $3.3 million charge related to the resolution of a legal matter. This charge is recorded on the line "Selling, general and administrative expenses" in the Consolidated Statements of Operations.

(2) During the third quarter of 2016, NACoal recorded a non-cash impairment charge of $17.4 million related to Centennial assets. See Note 3 and Note 9 for further discussion of the Company's asset impairment charge.