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INVENTORIES
12 Months Ended
Dec. 31, 2016
INVENTORIES  
INVENTORIES

5.         INVENTORIES

 

Inventories consist of the following at December 31:

 

 

 

 

 

 

 

 

 

 

 

2016

    

2015

 

 

 

(in thousands)

 

 

 

 

 

 

 

 

 

Coal

 

$

29,242

 

$

83,682

 

Supplies (net of reserve for obsolescence of $4,940 and $3,841, respectively)

 

 

31,809

 

 

37,399

 

Total inventories, net

 

$

61,051

 

$

121,081

 

 

See Note 2 – Summary of Significant Accounting Policies for more information on our accounting policy for inventories.