Segment Information (Tables)

9 Months Ended

Sep. 30, 2024

Segment Information

Schedule of Operating Segment Results

					Corporate,
					Other and
(In thousands)	MET		Thermal		Eliminations		Consolidated
Three Months Ended September 30, 2024
Revenues	$	361,916	$	255,983	$	—	$	617,899
Adjusted EBITDA		54,167		12,847		(22,853)		44,161
Depreciation, depletion and amortization		32,702		7,864		324		40,890
Accretion on asset retirement obligation		647		4,810		412		5,869
Capital expenditures		23,438		10,818		266		34,522
Three Months Ended September 30, 2023
Revenues	$	432,835	$	311,766	$	—	$	744,601
Adjusted EBITDA		128,322		23,373		(25,404)		126,291
Depreciation, depletion and amortization		29,494		7,001		222		36,717
Accretion on asset retirement obligation		651		4,314		327		5,292
Capital expenditures		33,806		10,369		249		44,424
Nine Months Ended September 30, 2024
Revenues	$	1,154,938	$	751,902	$	—	$	1,906,840
Adjusted EBITDA		270,978		14,846		(78,841)		206,983
Depreciation, depletion and amortization		95,181		22,130		838		118,149
Accretion on asset retirement obligation		1,942		14,430		1,236		17,608
Capital expenditures		94,603		29,315		2,970		126,888
Nine Months Ended September 30, 2023
Revenues	$	1,420,758	$	951,068	$	—	$	2,371,826
Adjusted EBITDA		524,218		98,807		(89,007)		534,018
Depreciation, depletion and amortization		85,575		22,057		641		108,273
Accretion on asset retirement obligation		1,880		12,941		1,056		15,877
Capital expenditures		94,205		25,904		921		121,030

Schedule of Reconciliation of Net Income (Loss) to Adjusted EBITDA

	Three Months Ended September 30,				Nine Months Ended September 30,
(In thousands)	2024		2023		2024		2023
Net income (loss)	$	(6,221)	$	73,691	$	64,565	$	349,152
(Benefit from) provision for income taxes		(6,608)		16,781		(887)		66,839
Interest expense, net		(1,753)		(1,683)		(5,007)		(1,557)
Depreciation, depletion and amortization		40,890		36,717		118,149		108,273
Accretion on asset retirement obligations		5,869		5,292		17,608		15,877
Merger related costs		7,002		—		7,002		—
Severance costs related to voluntary separation plan		6,649		—		6,649		—
Non-service related pension and postretirement benefit credits		(1,667)		(4,507)		(1,096)		(5,692)
Net loss resulting from early retirement of debt		—		—		—		1,126
Adjusted EBITDA	$	44,161	$	126,291	$	206,983	$	534,018
EBITDA from idled or otherwise disposed operations		4,101		30		11,493		8,726
Selling, general and administrative expenses		20,603		24,279		68,708		73,092
Other		(1,851)		1,095		(1,360)		7,189
Segment Adjusted EBITDA from coal operations	$	67,014	$	151,695	$	285,824	$	623,025