Business Segment Information

6 Months Ended

Jun. 30, 2011

Business Segment Information [Abstract]

BUSINESS SEGMENT INFORMATION

14. BUSINESS SEGMENT INFORMATION

Segment information is based on a management approach, which requires segmentation based upon the Company’s internal organization and reporting of revenue and operating income.

The Company’s operations are classified into four segments: coal, power, heritage and corporate.

Summarized financial information by segment is as follows:

	Coal		Power		Heritage			Corporate			Consolidated
	(In thousands)
Three Months Ended June 30, 2011
Revenues	$	90,776	$	21,364	$	—		$	—		$	112,140
Depreciation, depletion, and amortization		8,392		2,544		—			68			11,004
Operating income (loss)		2,080		2,450		(3,816	)		(1,714	)		(1,000	)
Total assets		510,025		205,677		12,875			43,792			772,369
Capital expenditures		8,499		469		—			79			9,047
Three Months Ended June 30, 2010
Revenues	$	106,458	$	21,174	$	—		$	—		$	127,632
Depreciation, depletion, and amortization		8,474		2,522		—			82			11,078
Operating income (loss)		5,721		1,307		(3,761	)		(1,934	)		1,333
Total assets		530,630		211,494		11,844			8,661			762,629
Capital expenditures		3,768		1,062		—			376			5,206
Six Months Ended June 30, 2011
Revenues	$	194,911	$	44,993	$	—		$	—		$	239,904
Depreciation, depletion, and amortization		17,005		5,097		—			147			22,249
Operating income (loss)		10,898		7,070		(7,986	)		(3,542	)		6,440
Total assets		510,025		205,677		12,875			43,792			772,369
Capital expenditures		11,187		696		—			87			11,970
Six Months Ended June 30, 2010
Revenues	$	210,008	$	44,063	$	—		$	—		$	254,071
Depreciation, depletion, and amortization		17,231		5,059		—			181			22,471
Operating income (loss)		13,075		5,477		(8,016	)		(3,889	)		6,647
Total assets		530,630		211,494		11,844			8,661			762,629
Capital expenditures		7,597		1,130		—			816			9,543

A reconciliation of segment operating income (loss) to income (loss) before income taxes follows:

	Three Months Ended						Six Months Ended
	June 30,						June 30,
	2011			2010			2011			2010
	(In thousands)
Income (loss) from operations	$	(1,000	)	$	1,333		$	6,440		$	6,647
Interest expense		(7,645	)		(5,767	)		(14,612	)		(11,490	)
Loss on extinguishment of debt		—			—			(17,030	)		—
Interest income		329			367			711			777
Other income (loss)		240			4,726			(2,777	)		891
Income (loss) before income taxes	$	(8,076	)	$	659		$	(27,268	)	$	(3,175	)