BUSINESS SEGMENT INFORMATION

9 Months Ended

Sep. 30, 2015

Segment Reporting [Abstract]

BUSINESS SEGMENT INFORMATION

BUSINESS SEGMENT INFORMATION

Segment information is based on a management approach, which requires segmentation based upon the Company’s internal organization, reporting of revenue, and operating income. The Company’s operations are classified into six reporting segments: Coal - U.S., Coal - Canada, Coal - WMLP, Power, Heritage, and Corporate and Eliminations. During the third quarter of 2015, we completed the Kemmerer Drop into WMLP. Accordingly, to enable comparability, all segment disclosures have been restated to remove Kemmerer from the Coal-US segment and place it in the Coal - WMLP segment.

Summarized financial information by segment is as follows:

	Coal - U.S.(1)			Coal - Canada(2)			Coal - WMLP(3)(4)			Power			Heritage			Corporate and Eliminations			Consolidated
	(In thousands)
Three Months Ended September 30, 2015
Revenues	$	132,018		$	107,752		$	94,785		$	22,017		$	—		$	(6,776	)	$	349,796
Restructuring charges	—			—			—			—			—			—			—
Depreciation, depletion, and amortization	9,524			7,023			15,471			2,470			—			(29		)	34,459
Operating income (loss)	482			4,009			(4,845		)	(7,976		)	(2,950		)	(4,027		)	(15,307		)
Total assets	557,643			547,368			440,004			172,182			16,152			(5,127		)	1,728,222
Capital expenditures	7,047			7,485			4,691			198			—			(4		)	19,417
Three Months Ended September 30, 2014
Revenues	$	123,134		$	151,340		$	41,917		$	21,439		$	—		$	—		$	337,830
Restructuring charges	292			2,411			—			(40		)	—			602			3,265
Depreciation, depletion, and amortization	9,464			11,862			4,307			2,504			—			38			28,175
Operating income (loss)	(349		)	(1,453		)	5,142			(26,413		)	(3,915		)	(2,444		)	(29,432		)
Total assets	477,946			607,565			187,346			163,528			15,996			126,127			1,578,508
Capital expenditures	7,981			5,280			4,860			164			—			—			18,285
Nine Months Ended September 30, 2015
Revenues	$	419,505		$	317,157		$	300,908		$	64,001		$	—		$	(31,331	)	$	1,070,240
Restructuring charges	—			—			656			—			—			—			656
Depreciation, depletion, and amortization	28,199			26,899			44,282			7,430			—			(29		)	106,781
Operating income (loss)	8,403			23,397			(6,151		)	(16,594		)	(8,699		)	(14,072		)	(13,716		)
Total assets	557,643			547,368			440,004			172,182			16,152			(5,127		)	1,728,222
Capital expenditures	18,908			21,413			19,918			1,305			—			(3,573		)	57,971
Nine Months Ended September 30, 2014
Revenues	$	348,417		$	267,387		$	124,933		$	65,252		$	—		$	—		$	805,989
Restructuring charges	783			9,058			—			459			—			907			11,207
Depreciation, depletion, and amortization	28,029			20,533			12,523			7,512			—			116			68,713
Operating income (loss)	(3,356		)	(14,162		)	20,425			(34,147		)	(11,303		)	(8,478		)	(51,021		)
Total assets	477,946			607,565			187,346			163,528			15,996			126,127			1,578,508
Capital expenditures	17,898			12,775			4,529			419			—			25			35,646

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(1) The Buckingham Acquisition was completed on January 1, 2015. For the three and nine months endedSeptember 30, 2015, revenues for Buckingham were $15.9 million and $61.4 million and operating losses were $2.0 million and $3.4 million, respectively.

(2) The Canadian Operations were acquired on April 28, 2014, therefore, information for the nine months ended September 30, 2014 includes approximately five months of operations.

(3) The operations reported under the segment Coal - WMLP were acquired on December 31, 2014, therefore, there is no activity for the three and nine months endedSeptember 30, 2014.

(4) The Coal - WMLP segment recorded revenues of $5.9 million and $24.6 million for intersegment revenues to the Coal - U.S. segment for the three and nine months endedSeptember 30, 2015.

A reconciliation of segment income from operations to loss before income taxes follows:

	Three Months Ended September 30,						Nine Months Ended September 30,
	2015			2014			2015			2014
	(In thousands)
Income (loss) from operations	$	(15,307	)	$	(29,432	)	$	(13,716	)	$	(51,021	)
Loss on extinguishment of debt	(5,385		)	(13		)	(5,385		)	(12,648		)
Interest expense	(26,831		)	(21,251		)	(76,870		)	(63,835		)
Interest income	1,555			2,468			6,262			4,351
Gain (loss) on foreign exchange	1,679			(1,742		)	2,474			(5,883		)
Other income	356			118			1,082			697
Loss before income taxes	$	(43,933	)	$	(49,852	)	$	(86,153	)	$	(128,339	)