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Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Costs, expenses and other operating        
Asset impairment and mine closure costs   $ 43,700,000    
Successor        
Revenues $ 549,866,000   $ 1,150,841,000  
Costs, expenses and other operating        
Cost of sales (exclusive of items shown separately below) 435,038,000   896,448,000  
Depreciation, depletion and amortization 30,701,000   62,622,000  
Accretion on asset retirement obligations 7,623,000   15,246,000  
Amortization of sales contracts, net 14,352,000   29,042,000  
Change in fair value of coal derivatives and coal trading activities, net 863,000   1,717,000  
Asset impairment and mine closure costs 0   0  
Selling, general and administrative expenses 22,146,000   42,669,000  
Other operating income, net (3,549,000)   (5,859,000)  
Total operating expenses 507,174,000   1,041,885,000  
Income (loss) from operations 42,692,000   108,956,000  
Interest expense, net        
Interest expense (6,003,000)   (15,428,000)  
Interest and investment income 842,000   1,369,000  
Interest expense, net (5,161,000)   (14,059,000)  
Income (loss) before nonoperating expenses 37,531,000   94,897,000  
Nonoperating expenses        
Net loss resulting from early retirement of debt and debt restructuring (31,000)   (2,061,000)  
Reorganization items, net (21,000)   (2,849,000)  
Nonoperating income (expense) (52,000)   (4,910,000)  
Income (loss) before income taxes 37,479,000   89,987,000  
Provision for (benefit from) income taxes 319,000   1,159,000  
Net income (loss) $ 37,160,000   $ 88,828,000  
Net income (loss) per common share        
Basic earnings (loss) per common share (in dollars per share) $ 1.51   $ 3.58  
Diluted earnings (loss) per common share (in dollars per share) $ 1.48   $ 3.52  
Weighted average shares outstanding        
Basic weighted average shares outstanding (shares) 24,659   24,834  
Diluted weighted average shares outstanding (shares) 25,082   25,245  
Dividends declared per common share (in dollars per share) $ 0.35   $ 0.35  
Predecessor        
Revenues   420,298,000   $ 848,404,000
Costs, expenses and other operating        
Cost of sales (exclusive of items shown separately below)   410,992,000   822,002,000
Depreciation, depletion and amortization   58,459,000   122,158,000
Accretion on asset retirement obligations   8,050,000   16,356,000
Amortization of sales contracts, net   1,000   (832,000)
Change in fair value of coal derivatives and coal trading activities, net   1,158,000   2,368,000
Asset impairment and mine closure costs   43,701,000   129,221,000
Selling, general and administrative expenses   19,019,000   38,845,000
Other operating income, net   (10,561,000)   (12,781,000)
Total operating expenses   530,819,000   1,117,337,000
Income (loss) from operations   (110,521,000)   (268,933,000)
Interest expense, net        
Interest expense   (45,273,000)   (89,724,000)
Interest and investment income   933,000   2,071,000
Interest expense, net   (44,340,000)   (87,653,000)
Income (loss) before nonoperating expenses   (154,861,000)   (356,586,000)
Nonoperating expenses        
Net loss resulting from early retirement of debt and debt restructuring   0   (2,213,000)
Reorganization items, net   (21,271,000)   (25,146,000)
Nonoperating income (expense)   (21,271,000)   (27,359,000)
Income (loss) before income taxes   (176,132,000)   (383,945,000)
Provision for (benefit from) income taxes   (245,000)   (1,356,000)
Net income (loss)   $ (175,887,000)   $ (382,589,000)
Net income (loss) per common share        
Basic earnings (loss) per common share (in dollars per share)   $ (8.26)   $ (17.97)
Diluted earnings (loss) per common share (in dollars per share)   $ (8.26)   $ (17.97)
Weighted average shares outstanding        
Basic weighted average shares outstanding (shares)   21,293   21,293
Diluted weighted average shares outstanding (shares)   21,293   21,293
Dividends declared per common share (in dollars per share)   $ 0   $ 0