RESTRUCTURING CHARGES

6 Months Ended

Jun. 30, 2014

Restructuring and Related Activities [Abstract]

In 2013, the Company entered into an agreement with Dominion Virginia Power, a subsidiary of Dominion, to restructure the remaining 5 years of the ROVA contract. The Company recorded a restructuring charge for additional contractual obligations of $0.1 million and $0.5 million for the three and six months ended June 30, 2014, respectively. The Company expects that the $5.1 million of accruals will be paid out by the end of 2014.

The table below represents the restructuring provision activity related to the ROVA restructuring affecting our Power segment during the six months ended June 30, 2014 (in millions):



Beginning Balance		Restructuring Charges		Restructuring Payments		Ending Balance
$	5.1	$	0.5	$	0.5	$	5.1

During the second quarter of 2014, the Company initiated strategic changes related to the Canadian Acquisition. The restructuring actions are expected to be completed in 2014. The Company recorded a restructuring charge for one-time employee termination benefits of $8.0 million for the three and six months ended June 30, 2014 and expects that accruals will be paid through 2016.

The table below represents the restructuring provision activity related to the Canadian Acquisition affecting our Coal - Canada and Coal - US segments during the six months ended June 30, 2014 (in millions):



Beginning Balance		Restructuring Charges		Restructuring Payments		Ending Balance
$	—	$	8.0	$	0.4	$	7.6

- Definition

The entire disclosure for restructuring and related activities. Description of restructuring activities such as exit and disposal activities, include facts and circumstances leading to the plan, the expected plan completion date, the major types of costs associated with the plan activities, total expected costs, the accrual balance at the end of the period, and the periods over which the remaining accrual will be settled.

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