Supplemental Consolidating Financial Information

6 Months Ended

Jun. 30, 2011

Supplemental Consolidating Financial Information [Abstract]

SUPPLEMENTAL CONSOLIDATING FINANCIAL INFORMATION

16. SUPPLEMENTAL CONSOLIDATING FINANCIAL INFORMATION

Pursuant to the indenture governing the Parent Notes, certain wholly owned subsidiaries of the Company have fully and unconditionally guaranteed the notes on a joint and several basis. The following tables present unaudited consolidating financial information for (i) the issuer of the notes (Westmoreland Coal Company), (ii) the co-issuer of the notes (Westmoreland Partners), (iii) the guarantors under the notes, and (iv) the entities which are not guarantors under the notes:

CONSOLIDATING BALANCE SHEETS
June 30, 2011
(In thousands)

										Non-
	Parent/						Guarantor			Guarantor			Consolidating
Assets	Issuer			Co-Issuer			Subsidiaries			Subsidiaries			Adjustments			Total
Current assets:
Cash and cash equivalents	$	28,494		$	8,383		$	—		$	4,861		$	—		$	41,738
Receivables:
Trade		—			11,942			—			27,942			—			39,884
Contractual third-party reclamation receivables		—			—			120			7,413			—			7,533
Intercompany receivable/payable		(13,596	)		—			9,920			(29,851	)		33,527			—
Other		41			23			8,480			250			(5,714	)		3,080
		(13,555	)		11,965			18,520			5,754			27,813			50,497
Inventories		—			3,095			4,260			18,422			—			25,777
Restricted investments and bond collateral		—			—			—			5,000			—			5,000
Other current assets		762			195			385			3,817			—			5,159
Total current assets		15,701			23,638			23,165			37,854			27,813			128,171
Property, plant and equipment:
Land and mineral rights		—			1,156			17,806			65,037			—			83,999
Capitalized asset retirement cost		—			239			20,463			94,154			—			114,856
Plant and equipment		2,696			216,265			117,842			180,291			—			517,094
		2,696			217,660			156,111			339,482			—			715,949
Less accumulated depreciation, depletion and amortization		(2,133	)		(46,984	)		(86,194	)		(174,072	)		—			(309,383	)
Net property, plant and equipment		563			170,676			69,917			165,410			—			406,566
Advanced coal royalties		—			—			698			2,572			—			3,270
Reclamation deposits		—			—			—			71,997			—			71,997
Restricted investments and bond collateral, less current portion		12,669			5,978			11,009			23,499			—			53,155
Contractual third-party reclamation receivables, less current portion		—			—			406			88,314			—			88,720
Deferred income taxes		—			—			—			—			2,984			2,984
Intangible assets		—			5,383			—			335			—			5,718
Investment in subsidiaries		160,229			—			(717	)		3,770			(163,282	)		—
Other assets		7,267			—			1,302			3,219			—			11,788
Total assets	$	196,429		$	205,675		$	105,780		$	396,970		$	(132,485	)	$	772,369

CONSOLIDATING BALANCE SHEETS
June 30, 2011
(In thousands)

									Non-
	Parent/						Guarantor		Guarantor			Consolidating
Liabilities and Stockholders’ Deficit	Issuer			Co-Issuer			Subsidiaries		Subsidiaries			Adjustments			Total
Current liabilities
Current installments of long-term debt	$	(776	)	$	—		$	2,370	$	17,220		$	—		$	18,814
Accounts payable and accrued expenses:
Trade		2,473			8,200			3,334		30,628			(6,023	)		38,612
Production taxes		—			668			1,094		22,485			—			24,247
Workers’ compensation		949			—			—		—			—			949
Postretirement medical benefits		12,198			—			—		1,383			—			13,581
SERP		304			—			—		—			—			304
Deferred revenue		—			8,709			216		2,396			—			11,321
Asset retirement obligations		—			—			2,997		12,959			—			15,956
Other current liabilities		6,556			—			1,925		4,530			17			13,028
Total current liabilities		21,704			17,577			11,936		91,601			(6,006	)		136,812
Long-term debt, less current installments		143,568			—			4,363		123,924			—			271,855
Workers’ compensation, less current portion		9,324			—			—		—			—			9,324
Excess of pneumoconiosis benefit obligation over trust assets		3,008			—			—		—			—			3,008
Postretirement medical benefits, less current portion		168,442			—			—		28,020			—			196,462
Pension and SERP obligations, less current portion		15,214			144			—		3,184			—			18,542
Deferred revenue, less current portion		—			62,868			—		7,776			—			70,644
Asset retirement obligations, less current portion		—			742			30,152		196,674			—			227,568
Intangible liabilities		—			8,154			—		—			—			8,154
Other liabilities		460			—			5,249		1,457			3,041			10,207
Intercompany receivable/payable		14,916			—			3,226		28,297			(46,439	)		—
Total liabilities		376,636			89,485			54,926		480,933			(49,404	)		952,576
Shareholders’ deficit:
Preferred stock		160			—			—		—			—			160
Common stock		33,093			5			110		132			(247	)		33,093
Other paid-in capital		122,422			52,699			16,481		53,268			(122,448	)		122,422
Accumulated other comprehensive loss		(57,412	)		(198	)		16		(13,933	)		14,115			(57,412	)
Accumulated deficit		(272,378	)		63,684			34,247		(123,430	)		25,499			(272,378	)
Total Westmoreland Coal Company shareholders’ deficit		(174,115	)		116,190			50,854		(83,963	)		(83,081	)		(174,115	)
Noncontrolling interest		(6,092	)		—			—		—			—			(6,092	)
Total deficit		(180,207	)		116,190			50,854		(83,963	)		(83,081	)		(180,207	)
Total liabilities and stockholders’ deficit	$	196,429		$	205,675		$	105,780	$	396,970		$	(132,485	)	$	772,369

CONSOLIDATING BALANCE SHEETS
December 31, 2010
(In thousands)

										Non-
	Parent/						Guarantor			Guarantor			Consolidating
Assets	Issuer			Co-Issuer			Subsidiaries			Subsidiaries			Adjustments			Total
Current assets:
Cash and cash equivalents	$	271		$	880		$	—		$	4,624		$	—		$	5,775
Receivables:
Trade		—			14,148			65			36,365			—			50,578
Contractual third-party reclamation receivables		—			—			135			7,608			—			7,743
Intercompany receivable/payable		—			—			10,193			(21,544	)		11,351			—
Other		66			198			4,917			1,530			(2,166	)		4,545
		66			14,346			15,310			23,959			9,185			62,866
Inventories		—			1,935			4,624			17,012			—			23,571
Other current assets		796			224			469			3,944			(98	)		5,335
Total current assets		1,133			17,385			20,403			49,539			9,087			97,547
Property, plant and equipment:
Land and mineral rights		—			1,156			17,806			64,862			—			83,824
Capitalized asset retirement cost		—			239			20,463			94,154			—			114,856
Plant and equipment		2,611			215,851			117,360			170,839			—			506,661
		2,611			217,246			155,629			329,855			—			705,341
Less accumulated depreciation, depletion and amortization		(1,987	)		(42,156	)		(82,239	)		(162,004	)		—			(288,386	)
Net property, plant and equipment		624			175,090			73,390			167,851			—			416,955
Advanced coal royalties		—			—			998			2,697			—			3,695
Reclamation deposits		—			—			—			72,274			—			72,274
Restricted investments and bond collateral		11,816			8,563			10,956			24,049			—			55,384
Contractual third-party reclamation receivables		—			—			390			87,349			—			87,739
Deferred income taxes		—			—			—			—			2,458			2,458
Intangible assets		—			6,203			—			352			—			6,555
Investment in subsidiaries		115,612			—			(717	)		3,770			(118,665	)		—
Other assets		2,060			401			1,683			3,555			—			7,699
Total assets	$	131,245		$	207,642		$	107,103		$	411,436		$	(107,120	)	$	750,306

CONSOLIDATING BALANCE SHEETS
December 31, 2010
(In thousands)

										Non-
	Parent/						Guarantor			Guarantor			Consolidating
Liabilities and Stockholders’ Deficit	Issuer			Co-Issuer			Subsidiaries			Subsidiaries			Adjustments			Total
Current liabilities
Current installments of long-term debt	$	—		$	—		$	2,255		$	12,718		$	—		$	14,973
Accounts payable and accrued expenses:
Trade		5,187			8,549			3,283			31,709			(2,481	)		46,247
Production taxes		—			2			1,084			25,231			—			26,317
Workers’ compensation		954			—			—			—			—			954
Postretirement medical benefits		12,198			—			—			1,383			—			13,581
SERP		304			—			—			—			—			304
Deferred revenue		—			8,805			349			1,055			—			10,209
Asset retirement obligations		—			—			3,371			11,143			—			14,514
Other current liabilities		249			782			3,138			2,164			(92	)		6,241
Total current liabilities		18,892			18,138			13,480			85,403			(2,573	)		133,340
Long-term debt, less current installments		13,671			46,648			15,166			133,246			—			208,731
Revolving lines of credit, less current portion		—			—			16,900			1,500			—			18,400
Workers’ compensation, less current portion		9,424			—			—			—			—			9,424
Excess of pneumoconiosis benefit obligation over trust assets		2,246			—			—			—			—			2,246
Postretirement medical benefits, less current portion		169,677			—			—			27,602			—			197,279
Pension and SERP obligations, less current portion		16,105			154			—			4,203			—			20,462
Deferred revenue, less current portion		—			67,308			—			8,087			—			75,395
Asset retirement obligations, less current portion		—			715			28,967			197,447			—			227,129
Intangible liabilities		—			8,663			—			—			—			8,663
Other liabilities		4,153			—			3,149			1,409			2,881			11,592
Intercompany receivable/payable		59,432			—			(19,590	)		26,424			(66,266	)		—
Total liabilities		293,600			141,626			58,072			485,321			(65,958	)		912,661
Shareholders’ Deficit
Preferred stock		160			—			—			—			—			160
Common stock		27,901			5			110			132			(247	)		27,901
Other paid-in capital		98,466			30			16,036			53,264			(69,330	)		98,466
Accumulated other comprehensive income		(57,680	)		(203	)		120			(14,353	)		14,436			(57,680	)
Accumulated earnings (deficit)		(226,740	)		66,184			32,765			(112,928	)		13,979			(226,740	)
Total Westmoreland Coal Company shareholders’ deficit		(157,893	)		66,016			49,031			(73,885	)		(41,162	)		(157,893	)
Noncontrolling interest		(4,462	)		—			—			—			—			(4,462	)
Total equity (deficit)		(162,355	)		66,016			49,031			(73,885	)		(41,162	)		(162,355	)
Total liabilities and stockholders’ deficit	$	131,245		$	207,642		$	107,103		$	411,436		$	(107,120	)	$	750,306

CONSOLIDATING STATEMENTS OF OPERATIONS
Three Months Ended June 30, 2011
(In thousands)

										Non-
	Parent/						Guarantor			Guarantor			Consolidating
	Issuer			Co-Issuer			Subsidiaries			Subsidiaries			Adjustments			Total
Revenues	$	—		$	21,364		$	13,040		$	90,344		$	(12,608	)	$	112,140
Costs, expenses and other:
Cost of sales		—			15,346			11,802			76,749			(12,608	)		91,289
Depreciation, depletion and amortization		68			2,544			1,948			6,444			—			11,004
Selling and administrative		2,266			835			1,132			4,802			—			9,035
Heritage health benefit expenses		3,230			—			—			211			—			3,441
Loss on sales of assets		—			189			24			28			—			241
Other operating income		—			—			(1,870	)		—			—			(1,870	)
		5,564			18,914			13,036			88,234			(12,608	)		113,140
Operating income (loss)		(5,564	)		2,450			4			2,110			—			(1,000	)
Other income (expense):
Interest expense		(4,387	)		(2	)		(138	)		(3,128	)		10			(7,645	)
Interest income		64			3			35			237			(10	)		329
Other income		31			—			100			109			—			240
		(4,292	)		1			(3	)		(2,782	)		—			(7,076	)
Income (loss) before income taxes and income of consolidated subsidiaries		(9,856	)		2,451			1			(672	)		—			(8,076	)
Equity in income of subsidiaries		(1,941	)		—			—			—			1,941			—
Income (loss) before income taxes		(7,915	)		2,451			1			(672	)		(1,941	)		(8,076	)
Income tax expense (benefit) from operations		—			—			(102	)		156			(215	)		(161	)
Net income (loss)		(7,915	)		2,451			103			(828	)		(1,726	)		(7,915	)
Less net loss attributable to noncontrolling interest		(508	)		—			—			—			—			(508	)
Net income (loss) attributable to the Parent company	$	(7,407	)	$	2,451		$	103		$	(828	)	$	(1,726	)	$	(7,407	)

CONSOLIDATING STATEMENTS OF OPERATIONS
Three Months Ended June 30, 2010
(In thousands)

										Non-
	Parent/						Guarantor			Guarantor			Consolidating
	Issuer			Co-Issuer			Subsidiaries			Subsidiaries			Adjustments			Total
Revenues	$	—		$	21,174		$	14,303		$	106,030		$	(13,875	)	$	127,632
Costs, expenses and other:
Cost of sales		—			16,136			11,268			90,952			(13,875	)		104,481
Depreciation, depletion and amortization		82			2,522			2,028			6,446			—			11,078
Selling and administrative		2,304			1,210			1,112			5,047			—			9,673
Heritage health benefit expenses		3,340			—			—			54			—			3,394
Gain (loss) on sales of assets		—			(1	)		—			20			—			19
Other operating income		—			—			(2,346	)		—			—			(2,346	)
		5,726			19,867			12,062			102,519			(13,875	)		126,299
Operating income (loss)		(5,726	)		1,307			2,241			3,511			—			1,333
Other income (expense):
Interest expense		(760	)		(1,187	)		(639	)		(3,280	)		99			(5,767	)
Interest income		50			5			149			262			(99	)		367
Other income		4,622			24			7			73			—			4,726
		3,912			(1,158	)		(483	)		(2,945	)		—			(674	)
Income (loss) before income taxes and income of consolidated subsidiaries		(1,814	)		149			1,758			566			—			659
Equity in income of subsidiaries		(2,520	)		—			—			—			2,520			—
Income (loss) before income taxes		706			149			1,758			566			(2,520	)		659
Income tax expense (benefit) from operations		—			32			(8	)		524			(595	)		(47	)
Net income (loss)		706			117			1,766			42			(1,925	)		706
Less net loss attributable to noncontrolling interest		(553	)		—			—			—			—			(553	)
Net income (loss) attributable to the Parent company	$	1,259		$	117		$	1,766		$	42		$	(1,925	)	$	1,259

CONSOLIDATING STATEMENTS OF OPERATIONS
Six Months Ended June 30, 2011
(In thousands)

										Non-
	Parent/						Guarantor			Guarantor			Consolidating
	Issuer			Co-Issuer			Subsidiaries			Subsidiaries			Adjustments			Total
Revenues	$	—		$	44,993		$	27,864		$	193,540		$	(26,493	)	$	239,904
Costs, expenses and other:
Cost of sales		—			30,905			22,954			161,433			(26,493	)		188,799
Depreciation, depletion and amortization		147			5,098			3,999			13,005			—			22,249
Selling and administrative		4,645			1,732			2,140			9,823			—			18,340
Heritage health benefit expenses		6,807			—			—			412			—			7,219
Gain (loss) on sales of assets		—			189			24			111			—			324
Other operating income		—			—			(3,467	)		—			—			(3,467	)
		11,599			37,924			25,650			184,784			(26,493	)		233,464
Operating income (loss)		(11,599	)		7,069			2,214			8,756			—			6,440
Other income (expense):
Interest expense		(7,459	)		(430	)		(438	)		(6,314	)		29			(14,612	)
Loss on extinguishment of debt		(7,873	)		(9,073	)		(84	)		—			—			(17,030	)
Interest income		124			9			104			503			(29	)		711
Other income (loss)		(3,048	)		—			133			138			—			(2,777	)
		(18,256	)		(9,494	)		(285	)		(5,673	)		—			(33,708	)
Income (loss) from operations before income taxes		(29,855	)		(2,425	)		1,929			3,083			—			(27,268	)
Equity in income of subsidiaries		(3,046	)		—			—			—			3,046			—
Income (loss) before income taxes		(26,809	)		(2,425	)		1,929			3,083			(3,046	)		(27,268	)
Income tax expense (benefit) from operations		(162	)		—			445			1,721			(2,625	)		(621	)
Net income (loss)		(26,647	)		(2,425	)		1,484			1,362			(421	)		(26,647	)
Less net loss attributable to noncontrolling interest		(1,630	)		—			—			—			—			(1,630	)
Net income (loss) attributable to the Parent company	$	(25,017	)	$	(2,425	)	$	1,484		$	1,362		$	(421	)	$	(25,017	)

CONSOLIDATING STATEMENTS OF OPERATIONS
Six Months Ended June 30, 2010
(In thousands)

										Non-
	Parent/						Guarantor			Guarantor			Consolidating
	Issuer			Co-Issuer			Subsidiaries			Subsidiaries			Adjustments			Total
Revenues	$	—		$	44,062		$	27,026		$	209,282		$	(26,299	)	$	254,071
Costs, expenses and other:
Cost of sales		—			31,182			22,905			174,370			(26,299	)		202,158
Depreciation, depletion and amortization		181			5,059			3,949			13,282			—			22,471
Selling and administrative		4,660			2,347			2,226			10,415			—			19,648
Heritage health benefit expenses		7,021			—			—			288			—			7,309
Gain (loss) on sales of assets		—			(1	)		—			91			—			90
Other operating income		—			—			(4,252	)		—			—			(4,252	)
		11,862			38,587			24,828			198,446			(26,299	)		247,424
Operating income (loss)		(11,862	)		5,475			2,198			10,836			—			6,647
Other income (expense):
Interest expense		(1,484	)		(2,405	)		(1,280	)		(6,420	)		99			(11,490	)
Interest income		103			23			16			738			(103	)		777
Other income		199			30			7			655			—			891
		(1,182	)		(2,352	)		(1,257	)		(5,027	)		(4	)		(9,822	)
Income (loss) from operations before income taxes		(13,044	)		3,123			941			5,809			(4	)		(3,175	)
Equity in income of subsidiaries		(10,006	)		—			—			—			10,006			—
Income (loss) before income taxes		(3,038	)		3,123			941			5,809			(10,010	)		(3,175	)
Income tax expense (benefit) from operations		—			65			(254	)		3,260			(3,208	)		(137	)
Net income (loss)		(3,038	)		3,058			1,195			2,549			(6,802	)		(3,038	)
Less net loss attributable to noncontrolling interest		(1,443	)		—			—			—			—			(1,443	)
Net income (loss) attributable to the Parent company	$	(1,595	)	$	3,058		$	1,195		$	2,549		$	(6,802	)	$	(1,595	)

CONSOLIDATING STATEMENTS OF CASH FLOWS
Six Months Ended June 30, 2011
(In thousands)

										Non-
	Parent/						Guarantor			Guarantor			Consolidating
Statements of Cash Flows	Issuer			Co-Issuer			Subsidiaries			Subsidiaries			Adjustments			Total
Cash flows from operating activities:
Net income (loss)	$	(26,647	)	$	(2,425	)	$	1,484		$	1,362		$	(421	)	$	(26,647	)
Adjustments to reconcile net income (loss) to net cash provided by operation activities:
Equity in income of subsidiaries		(3,046	)		—			—			—			3,046			—
Loss on derivative instruments		3,079			—			—			—			—			3,079
Non-cash tax benefits		—			—			—			—			(167	)		(167	)
Depreciation, depletion, and amortization		147			5,098			3,999			13,005			—			22,249
Accretion of asset retirement obligation and receivable		—			27			1,517			3,856			—			5,400
Amortization of intangible assets and liabilities, net		—			310			—			17			—			327
Share-based compensation		2,792			—			—			—			—			2,792
Loss on sale of assets		—			189			24			111			—			324
Loss on extinguishment of debt		7,873			9,073			84			—			—			17,030
Amortization of deferred financing costs		729			(21	)		196			336			—			1,240
Gain on the sale of investments		—			—			(75	)		(75	)		—			(150	)
Changes in operating assets and liabilities:
Receivables, net		25			2,382			(3,499	)		9,702			3,549			12,159
Inventories		—			(1,159	)		364			(1,411	)		—			(2,206	)
Excess of pneumoconiosis benefit obligation over trust assets		762			—			—			—			—			762
Accounts payable and accrued expenses		3,826			(405	)		(114	)		(3,447	)		(3,543	)		(3,683	)
Deferred revenue		—			(4,536	)		(133	)		1,030			—			(3,639	)
Accrual for workers’ compensation		(105	)		—			—			—			—			(105	)
Asset retirement obligations		—			—			(707	)		(3,583	)		—			(4,290	)
Accrual for postretirement medical benefits		(1,526	)		—			—			565			—			(961	)
Pension and SERP obligations		(487	)		(6	)		—			(208	)		—			(701	)
Other assets and liabilities		(171	)		(210	)		2,034			208			(354	)		1,507
Net cash provided by (used in) operating activities		(12,749	)		8,317			5,174			21,468			2,110			24,320
Cash flows from investing activities:
Distributions received by subsidiaries		11,700			—			—			—			(11,700	)		—
Additions to property, plant and equipment		(87	)		(696	)		(483	)		(10,704	)		—			(11,970	)
Change in restricted investments and bond collateral and reclamation deposits		(853	)		2,585			(1,157	)		(5,260	)		—			(4,685	)
Net proceeds from sales of assets		—			—			—			28			—			28
Proceeds from sale of restricted investments		—			—			1,075			1,075			—			2,150
Net cash provided by (used in) investing activities		10,760			1,889			(565	)		(14,861	)		(11,700	)		(14,477	)
Cash flows from financing activities:
Book overdrafts		(130	)		—			(532	)		2,465			—			1,803
Borrowings of long-term debt, net of debt discount		142,500			—			—			—			—			142,500
Repayments of long-term debt		(2,532	)		(46,220	)		(10,808	)		(5,205	)		—			(64,765	)
Borrowings on revolving lines of credit		—			1,500			12,200			60,000			—			73,700
Repayments on revolving lines of credit		—			(1,500	)		(29,100	)		(61,500	)		—			(92,100	)
Debt issuance and other refinancing costs		(5,842	)		(9,077	)		100			—			—			(14,819	)
Exercise of stock options		422			—			—			—			—			422
Distributions / dividends		(20,621	)		—			—			(11,700	)		11,700			(20,621	)
Transactions with Parent/affiliates		(83,585	)		52,594			23,531			9,570			(2,110	)		—
Net cash provided by (used in) financing activities		30,212			(2,703	)		(4,609	)		(6,370	)		9,590			26,120
Net increase in cash and cash equivalents		28,223			7,503			—			237			—			35,963
Cash and cash equivalents, beginning of year		271			880			—			4,624			—			5,775
Cash and cash equivalents, end of year	$	28,494		$	8,383		$	—		$	4,861		$	—			41,738

CONSOLIDATING STATEMENTS OF CASH FLOWS
Six Months Ended June 30, 2010
(In thousands)

										Non-
	Parent/						Guarantor			Guarantor			Consolidating
Statements of Cash Flows	Issuer			Co-Issuer			Subsidiaries			Subsidiaries			Adjustments			Total
Cash flows from operating activities:
Net income (loss)	$	(3,038	)	$	3,058		$	1,195		$	2,549		$	(6,802	)	$	(3,038	)
Adjustments to reconcile net income (loss) to net cash provided by operation activities:
Equity in income of subsidiaries		(10,006	)		—			—			—			10,006			—
Depreciation, depletion, and amortization		181			5,059			3,949			13,282			—			22,471
Accretion of asset retirement obligation and receivable		—			26			1,503			4,311			—			5,840
Amortization of intangible assets and liabilities, net		—			310			—			(74	)		—			236
Share-based compensation		2,329			—			—			—			—			2,329
Loss (gain) on sale of assets		—			(1	)		—			91			—			90
Non-cash interest expense		785			—			—			—			—			785
Amortization of deferred financing costs		697			(170	)		262			300			—			1,089
Gain on the sales of investment securities		(97	)		—			—			(562	)		—			(659	)
Gain on derivative		(102	)		(30	)		—			—			—			(132	)
Changes in operating assets and liabilities:
Receivables, net		62			(215	)		(3,217	)		(2,548	)		1,123			(4,795	)
Inventories		—			(33	)		(13	)		1,070			—			1,024
Excess of pneumoconiosis benefit obligation over trust assets		813			—			—			—			—			813
Accounts payable and accrued expenses		(600	)		(232	)		(353	)		7,040			(1,966	)		3,889
Deferred revenue		—			(1,583	)		(177	)		2,294			—			534
Accrual for workers’ compensation		(123	)		—			—			—			—			(123	)
Asset retirement obligations		—			—			(388	)		(2,206	)		—			(2,594	)
Accrual for postretirement medical benefits		(1,816	)		—			—			107			—			(1,709	)
Pension and SERP obligations		400			1			—			(211	)		—			190
Other assets and liabilities		(762	)		(52	)		438			(6,266	)		250			(6,392	)
Net cash provided by (used in) operating activities		(11,277	)		6,138			3,199			19,177			2,611			19,848
Cash flows from investing activities:
Distributions received by subsidiaries		18,400			—			—			—			(18,400	)		—
Additions to property, plant and equipment		(815	)		(1,131	)		(1,617	)		(5,980	)		—			(9,543	)
Change in restricted investments and bond collateral and reclamation deposits		(1,003	)		1,415			(1,622	)		1,461			—			251
Net proceeds from sales of assets		—			1			—			379			—			380
Proceeds from the sale of investments		156			—			—			963			—			1,119
Receivable from customer for property and equipment purchases		—			—			—			(103	)		—			(103	)
Net cash provided by (used in) investing activities		16,738			285			(3,239	)		(3,280	)		(18,400	)		(7,896	)
Cash flows from financing activities:
Book overdrafts		152			—			361			449			—			962
Repayments of long-term debt		—			(5,405	)		(2,243	)		(3,707	)		—			(11,355	)
Borrowings on revolving lines of credit		—			3,800			42,500			29,500			—			75,800
Repayments on revolving lines of credit		—			(3,800	)		(43,900	)		(29,500	)		—			(77,200	)
Exercise of stock options		8			—			—			—			—			8
Dividends/distributions		—			—			—			(18,400	)		18,400			—
Transactions with Parent/affiliates		(6,199	)		(238	)		3,322			5,726			(2,611	)		—
Net cash provided by (used in) financing activities		(6,039	)		(5,643	)		40			(15,932	)		15,789			(11,785	)
Net increase (decrease) in cash and cash equivalents		(578	)		780			—			(35	)		—			167
Cash and cash equivalents, beginning of year		755			138			—			9,626			—			10,519
Cash and cash equivalents, end of year	$	177		$	918		$	—		$	9,591		$	—			10,686