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SEGMENT INFORMATION
6 Months Ended
Jun. 30, 2018
Segment Reporting [Abstract]  
SEGMENT INFORMATION
15. SEGMENT INFORMATION
Segment information is based on a management approach, which requires segmentation based upon the Company’s internal organization and reporting. The Company’s operations for the six months ended June 30, 2018 were classified into five reporting segments: Coal - U.S., Coal - Canada, Coal - WMLP, Heritage and Corporate. The Company's operations for the six months ended June 30, 2017 included the aforementioned reporting segments as well as our previously existing Power segment, however, during the fourth quarter of 2017 we sold all of the assets that comprised this Power operating segment and terminated all related power agreements. For a detailed description of the Company’s operations segmentation, please see our 2017 Form 10-K. Summarized financial information by segment is as follows:
 
Coal -
U.S.(1)
 
Coal - Canada
 
Coal - WMLP(1)
 
Power
 
Heritage
 
Corporate
 
Consolidated
 
(In thousands)
Three Months Ended June 30, 2018


 
 
 
 







Revenues
$
102,492

 
$
109,525

 
$
64,295

 
$

 
$

 
$


$
276,312

Depreciation, depletion, and amortization
10,007

 
7,186

 
9,189

 

 

 
14


26,396

Operating income (loss)
(65,529
)
 
14,847

 
(82,471
)
 

 
(1,287
)
 
(23,545
)

(157,985
)
Total assets
715,274

 
461,676

 
236,770

 

 
17,583

 
26,292


1,457,595

Cash paid for capital expenditures
892

 
3,088

 
1,629

 

 

 


5,609

Three Months Ended June 30, 2017


 
 
 
 







Revenues
$
145,642


$
89,033

 
$
81,052

 
$
19,880


$


$
(8,293
)

$
327,314

Depreciation, depletion, and amortization
22,644


6,782

 
10,111

 




(40
)

39,497

Operating income (loss)
(1,247
)

(12,078
)
 
7,588

 
(383
)

(1,474
)

(5,448
)

(13,042
)
Total assets
770,754


435,820

 
370,936

 
64,269


16,699


11,741


1,670,219

Cash paid for capital expenditures
1,961

 
1,956

 
1,977

 

 

 

 
5,894

Six Months Ended June 30, 2018
 
 
 
 
 
 
 
 
 
 
 
 
 
Revenues
$
221,090

 
$
218,797

 
$
132,102

 
$

 
$

 
$

 
$
571,989

Depreciation, depletion, and amortization
20,344

 
14,704

 
17,354

 

 

 
29

 
52,431

Operating income (loss)
(56,394
)
 
33,947

 
(84,468
)
 

 
(2,514
)
 
(38,129
)
 
(147,558
)
Total assets
715,274

 
461,676

 
236,770

 

 
17,583

 
26,292

 
1,457,595

Cash paid for capital expenditures
1,643

 
6,979

 
3,151

 

 

 

 
11,773

Six Months Ended June 30, 2017
 
 
 
 
 
 
 
 
 
 
 
 
 
Revenues
$
288,100

 
$
200,233

 
$
155,857

 
$
41,107

 
$

 
$
(10,971
)
 
$
674,326

Depreciation, depletion, and amortization
38,643

 
17,036

 
20,461

 

 

 
(76
)
 
76,064

Operating income (loss)
8,991

 
(17,052
)
 
8,870

 
(1,136
)
 
(2,833
)
 
(9,955
)
 
(13,115
)
Total assets
770,754

 
435,820

 
370,936

 
64,269

 
16,699

 
11,741

 
1,670,219

Cash paid for capital expenditures
3,856

 
4,050

 
5,198

 

 

 

 
13,104

____________________
(1)
The Coal - WMLP segment recorded revenues of $8.3 million and $11.0 million for intersegment revenues to the Coal - U.S. segment for the three and six months ended June 30, 2017, respectively. No such revenues occurred during the three and six months ended June 30, 2018. Eliminations for intersegment revenues and cost of sales are presented within the Corporate segment.


Disaggregated Revenues

The following table presents our revenues for the three and six months ended June 30, 2018 disaggregated by type of revenue for each segment (in thousands):

 
Three Months Ended June 30, 2018
 
Coal - U.S.
 
Coal - Canada
 
Coal - WMLP
Domestic coal sales
$
101,099

 
$
68,232

 
$
60,032

Export coal sales

 
40,684

 

Other revenues
1,393

 
609

 
4,263

Total
$
102,492

 
$
109,525

 
$
64,295

 
 
 
 
 
 
 
Six Months Ended June 30, 2018
 
Coal - U.S.
 
Coal - Canada
 
Coal - WMLP
Domestic coal sales
$
217,501

 
$
148,500

 
$
126,741

Export coal sales

 
69,271

 

Other revenues
3,589

 
1,026

 
5,361

Total
$
221,090

 
$
218,797

 
$
132,102


The following table presents our revenues for the three and six months ended June 30, 2017 disaggregated by type of revenue for each segment (in thousands):

 
Three Months Ended June 30, 2017
 
Coal - U.S.
 
Coal - Canada
 
Coal - WMLP
 
Power
Domestic coal sales
$
134,558

 
$
67,468

 
$
79,817

 
$

Export coal sales

 
21,383

 

 

Power revenues

 

 

 
19,880

Other revenues
2,791

 
182

 
1,235

 

Total
$
137,349

 
$
89,033

 
$
81,052

 
$
19,880

 
 
 
 
 
 
 
 
 
Six Months Ended June 30, 2017
 
Coal - U.S.
 
Coal - Canada
 
Coal - WMLP
 
Power
Domestic coal sales
$
272,884

 
$
143,395

 
$
152,925

 
$

Export coal sales

 
56,163

 

 

Power revenues

 

 

 
41,107

Other revenues
4,245

 
675

 
2,932

 

Total
$
277,129

 
$
200,233

 
$
155,857

 
$
41,107