Merger with Arch (Tables)

6 Months Ended

Jun. 30, 2025

Business Combination, Asset Acquisition, Transaction between Entities under Common Control, and Joint Venture Formation [Abstract]

Schedule of Preliminary Allocation Aggregate Purchase Price

The following table presents the preliminary allocation of the aggregate purchase price based on estimated fair values:

	Preliminary Purchase Price Allocation
Total Equity Portion of Purchase Price Consideration	$	2,481,368
Effective Settlement of Pre-Existing Relationships	95,636
Total Consideration Transferred	$	2,577,004
Assets Acquired:
Cash and Cash Equivalents	$	217,593
Short-Term Investments	22,969
Trade Receivables, net	161,670
Other Receivables, net	6,629
Inventories	307,175
Other Current Assets	13,366
Property, Plant and Equipment, net	2,610,672
Funds for Asset Retirement Obligations	150,033
Other Noncurrent Assets, net	155,763
Total Assets Acquired	$	3,645,870
Liabilities Assumed:
Accounts Payable	$	211,227
Current Portion of Long-Term Debt	4,104
Other Accrued Liabilities	152,996
Long-Term Debt	6,667
Postretirement Benefits Other Than Pensions	37,118
Pneumoconiosis Benefits	111,313
Asset Retirement Obligations	248,773
Workers’ Compensation	36,254
Salary Retirement	786
Deferred Income Taxes	166,173
Other Noncurrent Liabilities	93,455
Total Liabilities Assumed	$	1,068,866
Net Assets Acquired	$	2,577,004

Schedule of Pro Forma Adjustments

The table below summarizes the Company's results as though the Merger had been consummated on January 1, 2024:

			Six Months Ended June 30,
	Three Months Ended June 30, 2024		2025		2024
Revenues	$	1,099,910	$	2,170,474	$	2,327,077
Net Income (Loss)	$	38,912	$	(87,372)	$	59,766

Pro forma information has not been provided for the three months ended June 30, 2025 since Arch was fully consolidated for the entire period. The pro forma information for the six months ended June 30, 2025 includes Arch's historical results for the January 1, 2025 through January 13, 2025 period prior to the Merger.