SEGMENT INFORMATION (Tables)

6 Months Ended

Jun. 30, 2020

SEGMENT INFORMATION

Schedule of reportable segment results

	Illinois						Other and		Elimination
	Basin		Appalachia		Minerals		Corporate		(1)		Consolidated
	(in thousands)
Three Months Ended June 30, 2020
Revenues - Outside	$	137,787	$	107,110	$	7,847	$	2,458	$	—	$	255,202
Revenues - Intercompany		—		—		—		2,497		(2,497)		—
Total revenues (2)		137,787		107,110		7,847		4,955		(2,497)		255,202
Segment Adjusted EBITDA Expense (3)		108,478		73,959		1,119		4,147		(162)		187,541
Segment Adjusted EBITDA (4)		26,157		30,548		6,881		805		(2,335)		62,056
Capital expenditures		14,029		19,686		—		166		—		33,881
Three Months Ended June 30, 2019
Revenues - Outside	$	331,500	$	160,244	$	12,428	$	12,882	$	—	$	517,054
Revenues - Intercompany		4,173		—		—		3,108		(7,281)		—
Total revenues (2)		335,673		160,244		12,428		15,990		(7,281)		517,054
Segment Adjusted EBITDA Expense (3)		208,309		105,122		1,765		9,442		(5,041)		319,597
Segment Adjusted EBITDA (4)		96,075		53,779		11,098		6,551		(2,240)		165,263
Capital expenditures		59,476		20,987		—		1,121		—		81,584
Six Months Ended June 30, 2020
Revenues - Outside	$	341,659	$	235,213	$	22,110	$	6,983	$	—	$	605,965
Revenues - Intercompany		—		—		—		5,356		(5,356)		—
Total revenues (2)		341,659		235,213		22,110		12,339		(5,356)		605,965
Segment Adjusted EBITDA Expense (3)		258,465		153,669		2,002		8,789		(686)		422,239
Segment Adjusted EBITDA (4)		76,186		78,058		20,636		3,547		(4,670)		173,757
Total assets		1,099,463		501,614		628,308		462,936		(406,693)		2,285,628
Capital expenditures		40,258		43,257		—		730		—		84,245
Six Months Ended June 30, 2019
Revenues - Outside	$	676,899	$	319,648	$	23,156	$	23,953	$	—	$	1,043,656
Revenues - Intercompany		8,170		—		—		6,199		(14,369)		—
Total revenues (2)		685,069		319,648		23,156		30,152		(14,369)		1,043,656
Segment Adjusted EBITDA Expense (3)		405,731		204,871		3,592		18,148		(9,888)		622,454
Segment Adjusted EBITDA (4)		218,812		112,434		20,230		24,912		(4,481)		371,907
Total assets		1,407,019		483,265		516,503		460,353		(364,419)		2,502,721
Capital expenditures (5)		107,930		54,333		—		3,364		—		165,627

(1) The elimination column represents the elimination of intercompany transactions and is primarily comprised of sales from the Matrix Group to our mining operations, coal sales and purchases between operations within different segments, sales of receivables to AROP Funding, financing between segments and insurance premiums paid to Wildcat Insurance.

(2) Revenues included in the Other and Corporate column are primarily attributable to the Matrix Group revenues, administrative service revenues from affiliates, Wildcat Insurance revenues and brokerage coal sales.

(3) Segment Adjusted EBITDA Expense includes operating expenses, coal purchases and other income. Transportation expenses are excluded as transportation revenues are recognized in an amount equal to transportation expenses when title passes to the customer.  

Reconciliation of consolidated Segment Adjusted EBITDA Expense to operating expenses (excluding depreciation, depletion and amortization)

	Three Months Ended				Six Months Ended
	June 30,				June 30,
	2020		2019		2020		2019
	(in thousands)
Segment Adjusted EBITDA Expense	$	187,541	$	319,597	$	422,239	$	622,454
Outside coal purchases		—		(5,311)		—		(5,311)
Other expense		(377)		(13)		(733)		(142)
Operating expenses (excluding depreciation, depletion and amortization)	$	187,164	$	314,273	$	421,506	$	617,001

(4) Segment Adjusted EBITDA is defined as net income (loss) attributable to ARLP before net interest expense, income taxes, depreciation, depletion and amortization, general and administrative expenses, settlement gain, asset and goodwill impairments and acquisition gain.  Management therefore is able to focus solely on the evaluation of segment operating profitability as it relates to our revenues and operating expenses, which are primarily controlled by our segments.  Consolidated Segment Adjusted EBITDA is reconciled to net income as follows:

Reconciliation of consolidated Segment Adjusted EBITDA to net income

	Three Months Ended				Six Months Ended
	June 30,				June 30,
	2020		2019		2020		2019
	(in thousands)
Consolidated Segment Adjusted EBITDA	$	62,056	$	165,263	$	173,757	$	371,907
General and administrative		(13,822)		(19,521)		(27,260)		(37,333)
Depreciation, depletion and amortization		(83,559)		(76,913)		(157,480)		(148,052)
Asset impairments		—		—		(24,977)		—
Goodwill impairment		—		—		(132,026)		—
Interest expense, net		(11,416)		(10,573)		(23,643)		(21,904)
Acquisition gain		—		—		—		177,043
Income tax (expense) benefit		77		(186)		182		(80)
Acquisition gain attributable to noncontrolling interest		—		—		—		(7,083)
Net income (loss) attributable to ARLP	$	(46,664)	$	58,070	$	(191,447)	$	334,498
Noncontrolling interest		(15)		114		61		7,290
Net income (loss)	$	(46,679)	$	58,184	$	(191,386)	$	341,788

(5) Capital Expenditures shown exclude the AllDale Acquisition which occurred in January 2019.