Note 4 - Components of Coal Workers' Pneumoconiosis (CWP) and Workers' Compensation Net Periodic Benefit Costs:

6 Months Ended

Jun. 30, 2022

Notes to Financial Statements

Pneumoconiosis Benefits And Workers Compensation Disclosure [Text Block]

NOTE 4—COMPONENTS OF COAL WORKERS’ PNEUMOCONIOSIS (CWP) AND WORKERS’ COMPENSATION NET PERIODIC BENEFIT COSTS:

The components of Net Periodic Benefit Cost are as follows:

	CWP								Workers' Compensation
	Three Months Ended				Six Months Ended				Three Months Ended						Six Months Ended
	June 30,				June 30,				June 30,						June 30,
	2022		2021		2022		2021		2022			2021			2022			2021
Service Cost	$	726	$	1,115	$	1,452	$	2,230	$	1,230		$	1,059		$	2,460		$	2,118
Interest Cost		1,265		1,177		2,530		2,355		342			282			684			564
Amortization of Actuarial Loss (Gain)		1,059		2,091		2,119		4,182		(105	)		(45	)		(210	)		(90	)
State Administrative Fees and Insurance Bond Premiums		—		—		—		—		448			444			885			912
Net Periodic Benefit Cost	$	3,050	$	4,383	$	6,101	$	8,767	$	1,915		$	1,740		$	3,819		$	3,504

Expenses related to CWP and workers’ compensation are reflected in Operating and Other Costs in the Consolidated Statements of Income.