XML 16 R2.htm IDEA: XBRL DOCUMENT v3.23.3
Condensed Consolidated Income Statements - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Condensed Consolidated Income Statements        
Revenues $ 744,601 $ 863,835 $ 2,371,826 $ 2,865,129
Costs, expenses and other operating        
Cost of sales (exclusive of items shown separately below) 596,889 610,027 1,774,753 1,758,012
Depreciation, depletion and amortization 36,717 33,958 108,273 98,948
Accretion on asset retirement obligations 5,292 4,430 15,877 13,290
Change in fair value of coal derivatives, net (46) (12,252) 1,361 5,144
Selling, general and administrative expenses 24,279 26,107 73,092 79,271
Other operating (income) expense, net (2,812) 16,997 (11,398) 18,796
Costs, expenses and other operating 660,319 679,267 1,961,958 1,973,461
Income from operations 84,282 184,568 409,868 891,668
Interest income (expense), net        
Interest expense (3,120) (4,060) (10,783) (16,245)
Interest and investment income 4,803 2,224 12,340 2,776
Interest income (expense), net 1,683 (1,836) 1,557 (13,469)
Income before nonoperating expenses 85,965 182,732 411,425 878,199
Nonoperating expense        
Non-service related pension and postretirement benefit credits (costs) 4,507 (857) 5,692 (2,189)
Net loss resulting from early retirement of debt   (394) (1,126) (14,143)
Nonoperating expenses 4,507 (1,251) 4,566 (16,332)
Income before income taxes 90,472 181,481 415,991 861,867
Provision for income taxes 16,781 474 66,839 1,424
Net income $ 73,691 $ 181,007 $ 349,152 $ 860,443
Net income per common share        
Basic earnings per share (in dollars per share) $ 4.05 $ 9.84 $ 19.20 $ 50.97
Diluted earnings per share (in dollars per share) $ 3.91 $ 8.68 $ 18.12 $ 41.00
Weighted average shares outstanding        
Basic weighted average shares outstanding (in shares) 18,187 18,396 18,189 16,881
Diluted weighted average shares outstanding (in shares) 18,840 20,908 19,270 21,210
Dividends declared per common share (in dollars per share) $ 3.97 $ 6.00 $ 9.53 $ 14.36