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Consolidated Statements of Operations and Comprehensive Income (USD $)
Share data in Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Sales of products $ 477,634,000 $ 418,813,000 $ 312,548,000
Cost of sales and other direct production costs 165,573,000 163,983,000 148,642,000
Depreciation, depletion and amortization 47,066,000 60,011,000 62,837,000
Total cost of sales 212,639,000 223,994,000 211,479,000
Gross profit 264,995,000 194,819,000 101,069,000
Other operating expenses:      
General and administrative 18,540,000 18,219,000 18,624,000
Exploration 26,959,000 21,605,000 9,247,000
Pre-development 4,446,000    
Other operating expense 7,658,000 5,334,000 5,389,000
Loss (gain) on disposition of property, plants, equipment and mineral interests   80,000 (6,234,000)
Termination of employee benefit plan     (8,950,000)
Provision for closed operations and environmental matters 9,747,000 201,136,000 7,721,000
Total other operating expense 67,350,000 246,374,000 25,797,000
Income (loss) from operations 197,645,000 (51,555,000) 75,272,000
Other income (expense):      
Gain (loss) on derivative contracts 37,988,000 (20,758,000)  
Net gain on sale of investments 611,000 588,000 4,070,000
Loss on impairment of investments (140,000) (739,000) (3,018,000)
Interest and other income (expense) (87,000) 126,000 1,121,000
Debt-related fees     (5,973,000)
Interest expense (2,875,000) (2,211,000) (11,326,000)
Total other income (expense): 35,497,000 (22,994,000) (15,126,000)
Income (loss) before income taxes 233,142,000 (74,549,000) 60,146,000
Income tax benefit (provision) (81,978,000) 123,532,000 7,680,000
Net income 151,164,000 48,983,000 67,826,000
Unrealized gain (loss) and amortization of prior service on pension plans (7,754,000) (1,653,000) 6,006,000
Change in fair value of derivative contracts     1,967,000
Unrealized holding gains (losses) on investments (767,000) (21,000) 3,498,000
Reclassification of net gain on sale or impairment of investments included in net income 140,000 739,000 (632,000)
Comprehensive income 142,783,000 48,048,000 78,665,000
Basic income per common share after preferred dividends (in Dollars per share) $ 0.54 $ 0.14 $ 0.24
Diluted income per common share after preferred dividends (in Dollars per share) $ 0.51 $ 0.13 $ 0.23
Weighted average number of common shares outstanding – basic (in Shares) 280,956 251,146 224,933
Weighted average number of common shares outstanding – diluted (in Shares) 297,033 269,601 233,618
Preferred stock dividends (552,000) (13,633,000) (13,633,000)
Income applicable to common shareholders $ 150,612,000 $ 35,350,000 $ 54,193,000