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ACQUISITION (Tables)
12 Months Ended
Dec. 31, 2013
Business Combinations [Abstract]  
Summary of purchase consideration and allocation of purchase consideration
A summary of the purchase consideration and allocation of the purchase consideration follow (in millions):
 
Final as of
December 31,
2012
Purchase consideration:
 
Cash paid
$
76.5

 
 
Fair value of liabilities assumed:
 
     Postretirement medical cost obligations
49.2

     Asset retirement obligations
19.4

     Pension obligations
15.6

     Deferred revenue
2.2

     Accrued liabilities
1.6

Total fair value of liabilities assumed
88.0

 
 
Total purchase consideration
$
164.5

 
 
 
 
Allocation of purchase consideration:
 
 
 
     Inventories
$
9.6

     Land and mineral rights
65.5

     Plant and equipment
89.4

 
 
Total
$
164.5

Summary of pro forma information
The following unaudited pro forma information has been prepared for illustrative purposes only and assumes the acquisition occurred on January 1, 2011. The unaudited pro forma results have been prepared based on estimates and assumptions, which the Company believes are reasonable, however, they are not necessarily indicative of the consolidated results of operations had the acquisition occurred on January 1, 2011, or of future results of operations.
 
Years Ended
 
December 31, 2012
 
December 31, 2011
 
(In thousands)
Total Revenues
 
 
 
As reported
$
600,437

 
$
501,713

Pro forma
$
614,550

 
$
645,595

 
 
 
 
Operating Income
 
 
 
As reported
$
28,872

 
$
10,626

Pro forma
$
31,146

 
$
13,275

 
 
 
 
Net income (loss) applicable to common shareholders
 
 
 
As reported
$
(8,586
)
 
$
(34,460
)
Pro forma
$
(7,524
)
 
$
(46,260
)
 
 
 
 
Net income (loss) per share applicable to common shareholders
 
 
 
As reported
$
(0.61
)
 
$
(2.61
)
Pro forma
$
(0.54
)
 
$
(3.51
)