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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 75,438 $ 60,082
Receivables:    
Trade 131,124 140,731
Loan and lease receivables 0 5,867
Other 11,053 13,261
Total receivables 142,177 159,859
Inventories 120,298 125,515
Other current assets 24,836 32,258
Total current assets 362,749 377,714
Property, plant and equipment:    
Gross property, plant and equipment 1,635,151 1,617,938
Less accumulated depreciation, depletion and amortization 818,032 782,417
Net property, plant and equipment 817,119 835,521
Loan and lease receivables, less current portion 0 44,474
Advanced coal royalties 18,837 18,722
Reclamation deposits 75,511 74,362
Restricted investments and bond collateral 145,642 144,913
Investment in joint venture 26,992 26,951
Other assets 63,966 62,252
Total Assets 1,510,816 1,584,909
Current liabilities:    
Current installments of long-term debt 72,710 86,272
Accounts payable and accrued expenses:    
Trade and other accrued liabilities 117,280 142,233
Interest payable 14,679 22,458
Production taxes 47,081 44,995
Postretirement medical benefits 14,892 14,892
Deferred revenue 19,984 15,253
Asset retirement obligations 31,362 32,207
Other current liabilities 20,121 20,964
Total current liabilities 338,109 379,274
Long-term debt, less current installments 1,019,432 1,022,794
Postretirement medical benefits, less current portion 309,217 308,709
Pension and SERP obligations, less current portion 43,819 43,982
Deferred revenue, less current portion 13,524 16,251
Asset retirement obligations, less current portion 457,166 451,834
Other liabilities 52,171 52,182
Total liabilities 2,233,438 2,275,026
Shareholders' deficit:    
Common stock of $.01 par value: Authorized 30,000,000 shares; Issued and outstanding 18,572,233 at March 31, 2017 and 18,570,642 at December 31, 2016 186 186
Other paid-in capital 249,441 248,143
Accumulated other comprehensive loss (175,037) (179,072)
Accumulated deficit (794,536) (757,367)
Total Westmoreland Coal Company shareholders’ deficit (719,946) (688,110)
Noncontrolling interests in consolidated subsidiaries (2,676) (2,007)
Total deficit (722,622) (690,117)
Total Liabilities and Shareholders' Deficit $ 1,510,816 $ 1,584,909