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Segment Information
 6 Months Ended
Jun. 30, 2020
Segment Reporting [Abstract]  
Segment Information Segment Information The Company extracts, processes and markets met and thermal coal from surface and deep mines for sale to steel and coke producers, industrial customers, and electric utilities. The Company conducts mining operations only in the United States with mines in Central and Northern Appalachia. As of June 30, 2020, the Company has three reportable segments: CAPP - Met, CAPP - Thermal, and NAPP. CAPP - Met consists of four active mines and two preparation plants in Virginia, eighteen active mines and five preparation plants in West Virginia, as well as expenses associated with certain idled/closed mines. CAPP - Thermal consists of three active mines and two preparation plants in West Virginia, as well as expenses associated with certain
idled/closed mines. NAPP consists of one active mine in Pennsylvania and one preparation plant, as well as expenses associated with one closed mine. Prior to the third quarter of 2019, the Company had four reportable segments: CAPP - Met, CAPP - Thermal, NAPP, and Trading and Logistics. As a result of the changes in key operating personnel during the third quarter of 2019 including changes to the Company’s Chief Operating Decision Maker (“CODM”), the Company was required to re-evaluate its previous conclusions with respect to its segment reporting during the period. To conform to the current period reportable segments presentation, the prior periods have been restated to reflect the change in reportable segments.
In addition to the three reportable segments, the All Other category includes general corporate overhead and corporate assets and liabilities and the elimination of certain intercompany activity.
The operating results of these reportable segments are regularly reviewed by the CODM, who is the Chief Executive Officer of the Company.
Segment operating results and capital expenditures for the three months ended June 30, 2020 were as follows: 
Three Months Ended June 30, 2020
CAPP - MetCAPP - ThermalNAPPAll OtherConsolidated
Total revenues$316,534  $36,313  $57,986  $1,005  $411,838  
Depreciation, depletion, and amortization$38,800  $7,260  $2,172  $1,030  $49,262  
Amortization of acquired intangibles, net$2,759  $(903) $215  $25  $2,096  
Adjusted EBITDA$17,617  $2,492  $9,036  $(12,242) $16,903  
Capital expenditures$27,647  $2,504  $10,873  $507  $41,531  

Segment operating results and capital expenditures for the three months ended June 30, 2019 were as follows: 
Three Months Ended June 30, 2019
CAPP - MetCAPP - ThermalNAPPAll OtherConsolidated
Total revenues$494,525  $82,035  $78,928  $718  $656,206  
Depreciation, depletion, and amortization$38,829  $16,502  $6,522  $961  $62,814  
Amortization of acquired intangibles, net$3,870  $(4,213) $—  $—  $(343) 
Adjusted EBITDA$123,051  $11,034  $21,298  $(14,631) $140,752  
Capital expenditures$28,106  $5,190  $8,204  $1,298  $42,798  

Segment operating results and capital expenditures for the six months ended June 30, 2020 were as follows: 
Six Months Ended June 30, 2020
CAPP - MetCAPP - ThermalNAPPAll OtherConsolidated
Total revenues$679,293  $75,581  $125,543  $1,881  $882,298  
Depreciation, depletion, and amortization$80,522  $12,109  $9,021  $2,075  $103,727  
Amortization of acquired intangibles, net$5,340  $(2,998) $569  $50  $2,961  
Adjusted EBITDA$86,821  $304  $13,395  $(23,377) $77,143  
Capital expenditures$60,781  $5,584  $24,169  $556  $91,090  
Segment operating results and capital expenditures for the six months ended June 30, 2019 were as follows: 
Six Months Ended June 30, 2019
CAPP - MetCAPP - ThermalNAPPAll OtherConsolidated
Total revenues$967,328  $145,266  $151,304  $1,422  $1,265,320  
Depreciation, depletion, and amortization$75,502  $30,614  $13,149  $4,820  $124,085  
Amortization of acquired intangibles, net$1,050  $(8,782) $706  $—  $(7,026) 
Adjusted EBITDA$224,683  $6,751  $26,052  $(33,352) $224,134  
Capital expenditures$57,692  $7,659  $16,203  $2,328  $83,882  

The following table presents a reconciliation of net income (loss) to Adjusted EBITDA for the three months ended June 30, 2020:
Three Months Ended June 30, 2020
CAPP - MetCAPP - ThermalNAPPAll OtherConsolidated
Net loss from continuing operations$(26,987) $(25,830) $(156,092) $(29,392) $(238,301) 
Interest expense(376) 2  (504) 19,692  18,814  
Interest income(2) —  (4) (5,527) (5,533) 
Income tax expense—  —  —  33  33  
Depreciation, depletion and amortization38,800  7,260  2,172  1,030  49,262  
Non-cash stock compensation expense(94) 1  —  1,137  1,044  
Mark-to-market adjustment - acquisition-related obligations—  —  —  (2,052) (2,052) 
Accretion on asset retirement obligations3,517  2,267  769  751  7,304  
Asset impairment and restructuring (1)
—  19,695  162,480  1,998  184,173  
Loss on partial settlement of benefit obligations—  —  —  63  63  
Amortization of acquired intangibles, net2,759  (903) 215  25  2,096  
Adjusted EBITDA $17,617  $2,492  $9,036  $(12,242) $16,903  
(1) Asset impairment and restructuring for the three months ended June 30, 2020 includes long-lived asset impairments of $161,738 and restructuring expense of $22,435 as a result of continued weakening coal prices and the strategic actions with respect to two thermal coal mining complexes. Refer to Note 8 for further information.
The following table presents a reconciliation of net income (loss) to Adjusted EBITDA for the three months ended June 30, 2019:
Three Months Ended June 30, 2019
CAPP - MetCAPP - ThermalNAPPAll OtherConsolidated
Net income (loss) from continuing operations$70,600  $(3,932) $13,771  $(56,139) $24,300  
Interest expense194  6  —  15,877  16,077  
Interest income(4) —  (11) (1,870) (1,885) 
Income tax benefit —  —  —  (1,000) (1,000) 
Depreciation, depletion and amortization38,829  16,502  6,522  961  62,814  
Merger-related costs—  —  —  156  156  
Non-cash stock compensation expense376  5  —  (927) (546) 
Mark-to-market adjustment - acquisition-related obligations—  —  —  1,014  1,014  
Accretion on asset retirement obligations2,327  2,666  1,016  838  6,847  
Loss on modification and extinguishment of debt—  —  —  26,459  26,459  
Asset impairment (1)
5,826  —  —  —  5,826  
Cost impact of coal inventory fair value adjustment (2)
1,033  —  —  —  1,033  
Amortization of acquired intangibles, net3,870  (4,213) —  —  (343) 
Adjusted EBITDA $123,051  $11,034  $21,298  $(14,631) $140,752  
(1) Asset impairment primarily related to the write-off of prepaid purchased coal from Blackjewel as a result of Blackjewel’s Chapter 11 bankruptcy filing on July 1, 2019.
(2) The cost impact of the coal inventory fair value adjustment as a result of the Alpha Merger was completed during the three months ended June 30, 2019.

The following table presents a reconciliation of net income (loss) to Adjusted EBITDA for the six months ended June 30, 2020:
Six Months Ended June 30, 2020
CAPP - MetCAPP - ThermalNAPPAll OtherConsolidated
Net loss from continuing operations$(38,451) $(33,896) $(159,132) $(46,630) $(278,109) 
Interest expense(1,306) 4  (1,074) 38,795  36,419  
Interest income(60) —  (14) (6,437) (6,511) 
Income tax benefit—  —  —  (2,155) (2,155) 
Depreciation, depletion and amortization80,522  12,109  9,021  2,075  103,727  
Non-cash stock compensation expense305  8  —  2,809  3,122  
Mark-to-market adjustment - acquisition-related obligations—  —  —  (17,049) (17,049) 
Accretion on asset retirement obligations7,019  4,619  1,539  1,502  14,679  
Asset impairment and restructuring (1)
32,951  20,453  162,480  1,998  217,882  
Management restructuring costs (2)
501  5  6  435  947  
Loss on partial settlement of benefit obligations—  —  —  1,230  1,230  
Amortization of acquired intangibles, net5,340  (2,998) 569  50  2,961  
Adjusted EBITDA$86,821  $304  $13,395  $(23,377) $77,143  
(1) Asset impairment and restructuring for the six months ended June 30, 2020 includes long-lived asset impairments of $195,447 and restructuring expense of $22,435 as a result of continued weakening coal prices and the strategic actions with respect to two thermal coal mining complexes. Refer to Note 8 for further information.
(2) Management restructuring costs are related to severance expense associated with senior management changes during the three months ended March 31, 2020.

The following table presents a reconciliation of net income (loss) to Adjusted EBITDA for the six months ended June 30, 2019:
Six Months Ended June 30, 2019
CAPP - MetCAPP - ThermalNAPPAll OtherConsolidated
Net income (loss) from continuing operations$140,984  $(23,337) $10,186  $(95,543) $32,290  
Interest expense222  10  1  30,999  31,232  
Interest income(8) —  (23) (3,790) (3,821) 
Income tax benefit—  —  —  (5,778) (5,778) 
Depreciation, depletion and amortization75,502  30,614  13,149  4,820  124,085  
Merger related costs—  —  —  987  987  
Non-cash stock compensation expense779  57  —  3,889  4,725  
Mark-to-market adjustment - acquisition-related obligations—  —  —  2,950  2,950  
Accretion on asset retirement obligations4,660  4,731  2,033  1,655  13,079  
Loss on modification and extinguishment of debt—  —  —  26,459  26,459  
Asset impairment (1)
5,826  —  —  —  5,826  
Cost impact of coal inventory fair value adjustment (2)
4,751  3,458  —  —  8,209  
Gain on assets acquired in an exchange transaction (3)
(9,083) —  —  —  (9,083) 
Amortization of acquired intangibles, net1,050  (8,782) 706  —  (7,026) 
Adjusted EBITDA $224,683  $6,751  $26,052  $(33,352) $224,134  
(1) Asset impairment primarily related to the write-off of prepaid purchased coal from Blackjewel as a result of Blackjewel’s Chapter 11 bankruptcy filing on July 1, 2019.
(2) The cost impact of the coal inventory fair value adjustment as a result of the Alpha Merger was completed during the three months ended June 30, 2019.
(3) During the six months ended June 30, 2019, the Company entered into an exchange transaction which primarily included the release of the PRB overriding royalty interest owed to the Company in exchange for met coal reserves which resulted in a gain of $9,083.

No asset information has been provided for these reportable segments as the CODM does not regularly review asset information by reportable segment.

The Company markets produced, processed and purchased coal to customers in the United States and in international markets, primarily India, Brazil, Turkey, Netherlands, and Ukraine. Export coal revenues were the following:
Three Months Ended June 30,Six Months Ended June 30,
 2020201920202019
Total coal revenues$410,614  $653,828  $878,981  $1,260,788  
Export coal revenues (1)
$252,273  $362,838  $509,011  $706,144  
Export coal revenues as % of total coal revenues61 %55 %58 %56 %
(1) The amounts for the three months ended June 30, 2020 include $60,457 and $46,193 of export coal revenues from external customers in India and Brazil, respectively, recorded within the CAPP - Met, CAPP - Thermal, and NAPP segments. The amounts for the three months ended June 30, 2019 include $71,991 of export coal revenues from external customers in India, recorded within the CAPP - Met, CAPP - Thermal, and NAPP segments. The amounts for the six months ended June 30, 2020 include $116,442 and $96,773 of export coal revenues from external customers in India and Brazil, respectively, recorded within the CAPP - Met, CAPP - Thermal, and NAPP segments. The amounts for the six months ended June 30, 2019 include $197,589 of export coal revenues from external customers in India recorded within the CAPP - Met, CAPP - Thermal, and NAPP segments. Revenue is tracked within the Company’s accounting records based on the product destination.