8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

 _______________________________________________________________________________________________________________________________________________________________________________________________________

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported):		May 7, 2020
NACCO INDUSTRIES, INC.
(Exact name of registrant as specified in its charter)
DELAWARE	1-9172	34-1505819
(State or other jurisdiction of incorporation)	(Commission File Number)	(IRS Employer Identification No.)
5875 LANDERBROOK DRIVE, SUITE 220, CLEVELAND, OHIO		44124-4069
(Address of principal executive offices)		(Zip code)
(440) 229-5151
(Registrant's telephone number, including area code)
N/A
(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act

Title of each class	Trading Symbol	Name of each exchange on which registered
Class A Common Stock, $1 par value per share	NC	New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter):

Emerging growth company       [ ]

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.     [ ]

Item 2.02 Results of Operations and Financial Condition and

Item 7.01 Regulation FD Disclosure.

On May 7, 2020, NACCO Industries, Inc. (the “Company”) will post on its website at www.nacco.com additional historical quarterly financial data and update the schedules that were previously posted to the website. A copy of the additional data is attached as Exhibit 99 to this Current Report on Form 8-K.

This Current Report on Form 8-K and the information attached hereto are being furnished by the Company pursuant to Item 2.02 of Form 8-K, insofar as they disclose historical information regarding the Company's results of operations.

The information in this Current Report on Form 8-K, including Exhibit 99, shall not be deemed “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liability of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in such a filing.

Item 9.01 Financial Statements and Exhibits.

As described in Item 2.02 and 7.01 of this Current Report on Form 8-K, the following Exhibit is furnished as part of this Current Report on Form 8-K.

(d) Exhibits
99	NACCO Industries, Inc. additional historical quarterly financial data, as posted on the NACCO Industries, Inc. website at www.nacco.com on May 7, 2020.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date:	May 7, 2020		NACCO INDUSTRIES, INC.
		By:	/s/ Elizabeth I. Loveman
			Elizabeth I. Loveman
			Vice President and Controller

EX-99

																		EXHIBIT 99
NACCO Industries, Inc. - Consolidated
(in thousands, except percentage data)
	Revenues
	Q1		Q2		Q3		Q4		FY
2019	40,097		41,352		32,603		26,938		140,990
2020	37,644
	Operating Profit
	Q1		Q2		Q3		Q4		FY
2019	16,373		9,161		8,663		4,623		38,820
2020	7,580
	Interest (Income) Expense
	Q1		Q2		Q3		Q4		FY
2019	(322	)	(359	)	(1,648	)	(415	)	(2,744	)
2020	2
	Other (Income) Expense
	Q1		Q2		Q3		Q4		FY
2019	(643	)	(243	)	(1,310	)	361		(1,835	)
2020	1,482
	Income Before Taxes											Effective income tax rate
	Q1		Q2		Q3		Q4		FY			Q1		Q2		Q3		Q4	FY
2019	17,338		9,763		11,621		4,677		43,399		2019	13.4	%	18.3	%	11.7	%	n.m.	8.7	%
2020	6,096										2020	(1.1	)%
	Net Income
	Q1		Q2		Q3		Q4		FY
2019	15,018		7,975		10,264		6,375		39,632
2020	6,166
	Depreciation, depletion and amortization expense
	Q1		Q2		Q3		Q4		FY
2019	3,813		4,238		4,044		4,145		16,240
2020	4,544
	Capital Expenditures
	Q1		Q2		Q3		Q4		FY
2019	4,252		1,715		7,297		11,400		24,664
2020	5,358
	Net cash provided by (used for) operating activities
	Q1		Q2		Q3		Q4		FY
2019	(544	)	22,632		25,176		5,520		52,784
2020	(31,122	)
	Net cash used for investing activities
	Q1		Q2		Q3		Q4		FY
2019	(4,247	)	(1,705	)	(2,857	)	(11,453	)	(20,262	)
2020	(5,342	)

NACCO Industries, Inc. - Consolidated
(in thousands, except percentage data)
		Cash flow before financing activities (1)
		Q1		Q2		Q3		Q4		FY
2019		(4,791	)	20,927		22,319		(5,933	)	32,522
2020		(36,464	)
		Net cash (used for) provided by financing activities
		Q1		Q2		Q3		Q4		FY
2019		(1,408	)	(1,562	)	(5,681	)	13,764		5,113
2020		7,298
		Dividends Paid to Shareholders
		Q1		Q2		Q3		Q4		FY
2019		1,153		1,327		1,328		1,324		5,132
2020		1,339
		Total debt (2)
		Q1		Q2		Q3		Q4		FY
2019		12,021		12,002		7,678		24,943		24,943
2020		34,582
		Equity
		Q1		Q2		Q3		Q4		FY
2019		264,267		272,150		283,255		289,392		289,392
2020		293,837
(1	)	Cash flow before financing activities is equal to net cash provided by (used for) operating activities plus net cash provided by (used for) investing activities.
(2	)	Total debt presented excludes the obligations of the unconsolidated mines. The unconsolidated mines' customers arrange and guarantee the financing of the unconsolidated mines. These obligations are without recourse to and are not guaranteed by North American Coal or NACCO.

Coal Mining
(in thousands, except tons of coal delivered)
	Tons of coal delivered - Unconsolidated mines
	Q1		Q2	Q3	Q4		FY
2019	8.6		6.9	8.7	7.8		32.0
2020	7.6
	Tons of coal delivered - Consolidated mines
	Q1		Q2	Q3	Q4		FY
2019	0.6		0.9	0.7	0.4		2.6
2020	0.8
	Revenues
	Q1		Q2	Q3	Q4		FY
2019	16,750		22,570	18,799	10,582		68,701
2020	20,928
	Gross Profit (Loss)
	Q1		Q2	Q3	Q4		FY
2019	826		1,316	2,416	(1,287	)	3,271
2020	(346	)
	Earnings of unconsolidated operations
	Q1		Q2	Q3	Q4		FY
2019	15,781		13,529	16,211	15,157		60,678
2020	15,027
	Operating Expenses
	Q1		Q2	Q3	Q4		FY
2019	9,002		10,152	11,286	10,241		40,681
2020	7,496
	Operating Profit
	Q1		Q2	Q3	Q4		FY
2019	7,605		4,693	7,341	3,629		23,268
2020	7,185

	Depreciation, depletion and amortization expense
	Q1	Q2	Q3	Q4	FY
2019	2,874	3,276	3,102	3,157	12,409
2020	3,543
	Capital Expenditures
	Q1	Q2	Q3	Q4	FY
2019	2,740	1,511	2,291	8,550	15,092
2020	823

North American Mining
(in thousands, except tons of limerock delivered)
	Tons of limestone delivered - Unconsolidated mines
	Q1	Q2		Q3		Q4	FY
2019	1.9	2.5		1.7		2.2	8.3
2020	2.2
	Tons of limestone delivered - Consolidated mines
	Q1	Q2		Q3		Q4	FY
2019	9.8	9.3		8.5		8.8	36.4
2020	10.3
	Revenues
	Q1	Q2		Q3		Q4	FY
2019	10,775	10,728		8,993		12,327	42,823
2020	11,624
	Operating Profit (Loss)
	Q1	Q2		Q3		Q4	FY
2019	32	(483	)	(391	)	146	(696	)
2020	731

	Depreciation, depletion and amortization expense
	Q1	Q2	Q3	Q4	FY
2019	545	566	588	524	2,223
2020	646
	Capital Expenditures
	Q1	Q2	Q3	Q4	FY
2019	1,129	113	4,971	2,611	8,824
2020	4,023

Minerals Management
(in thousands)
	Revenues
	Q1	Q2	Q3	Q4	FY
2019	12,686	8,242	5,022	4,169	30,119
2020	5,241
	Operating Profit
	Q1	Q2	Q3	Q4	FY
2019	11,669	6,789	3,900	3,363	25,721
2020	4,267

	Depreciation, depletion and amortization expense
	Q1	Q2	Q3	Q4	FY
2019	366	367	324	305	1,362
2020	327
	Capital Expenditures
	Q1	Q2	Q3	Q4	FY
2019	241	50	—	226	517
2020	463