Arch coal inc. (ARCH)
Income statement / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10Sep'10Jun'10Mar'10Dec'09Sep'09Jun'09Mar'09Sep'08Jun'08
Revenues

405,232

549,480

619,467

570,222

555,183

650,963

633,180

592,349

575,295

560,244

613,538

549,866

600,975

575,688

550,305

420,298

428,106

563,249

688,544

644,462

677,005

745,192

742,180

713,776

735,971

719,386

791,269

766,332

737,370

787,620

975,170

965,685

1,039,651

825,900

1,198,673

985,528

872,938

835,394

874,705

764,295

711,874

725,472

614,957

554,612

681,040

769,458

785,117

Costs, expenses and other operating
Cost of sales (exclusive of items shown separately below)

374,999

492,454

491,004

451,088

438,471

514,005

482,029

474,388

454,780

450,699

494,379

434,465

460,450

470,319

450,427

419,042

419,316

537,667

540,192

566,252

562,322

610,646

647,096

622,137

686,314

668,483

688,712

656,198

649,743

696,181

808,489

799,558

850,871

658,230

952,850

715,590

653,684

622,348

651,853

570,861

550,750

566,778

489,290

467,521

547,126

567,372

568,483

Depreciation, depletion and amortization

31,308

29,856

30,402

26,524

25,273

27,536

31,775

30,549

29,703

27,928

31,914

30,701

31,921

32,604

69,423

58,459

63,699

73,134

103,965

97,372

104,874

106,706

105,155

102,464

104,423

98,841

106,323

111,085

110,193

108,767

118,942

124,536

139,966

100,660

139,547

97,236

83,537

95,931

92,857

87,759

88,519

88,530

71,390

68,419

73,269

72,185

71,953

Accretion on asset retirement obligations

5,006

5,137

5,137

5,137

5,137

6,993

6,992

6,993

6,992

7,383

7,580

7,623

7,623

7,634

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Amortization of sales contracts, net

-

-357

-153

11

65

1,567

3,241

3,248

3,051

11,082

13,861

14,352

14,690

796

104

1

-833

-1,783

-1,994

-1,644

-3,390

-3,239

-3,013

-3,239

-3,696

-

-

-2,209

-2,810

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Amortization of acquired sales contracts, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-2,568

-

-

-

-4,093

-4,451

-14,017

-16,577

-12,698

1,262

5,944

9,601

10,038

5,214

10,753

19,715

78

58

-228

-

-

Change in fair value of coal derivatives and coal trading activities, net

743

1,250

1,530

-8,400

-12,981

-13,024

10,418

15,138

-3,414

4,477

1,028

863

854

396

488

1,158

1,210

-455

-3,559

1,211

1,220

2,125

-3,733

-2,992

914

5,792

9,753

-9,008

1,308

13,237

5,840

-32,054

-3,613

-12,155

8,360

2,672

-1,784

-3,372

1,832

4,587

5,877

-1,728

-3,342

-6,458

-528

18,382

-53,160

Asset impairment and mine closure costs

-

-

-

-

-

-

-

-

-

-

-

-

-

0

46

43,700

85,520

488,900

2,100,000

19,100

0

-

5,060

1,512

-

-

200,397

-

-

-

-2,144

525,583

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

Goodwill impairment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

0

115,791

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

Losses from disposed operations resulting from Patriot Coal bankruptcy

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Reduction in accrual related to acquired litigation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-79,532

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Asset impairment costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

20,482

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Acquisition and transition costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4,694

48,666

-

-

-

-

-

-

-

-

-

-

-

Selling, general and administrative expenses

22,745

21,917

24,566

25,209

24,089

26,687

22,909

24,756

25,948

23,444

21,290

22,456

20,762

23,193

20,498

19,019

19,826

26,179

25,731

24,268

22,605

27,020

28,136

29,931

29,136

37,137

28,800

34,302

33,209

34,994

33,266

35,178

30,861

26,306

33,275

29,040

30,435

28,668

26,999

35,344

27,166

27,017

24,029

21,627

25,114

22,235

33,022

Costs related to proposed joint venture with Peabody Energy

3,664

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Severance costs related to voluntary separation plan

5,828

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Operating Income (Expense) Related to Joint Venture

3,664

-

-3,754

-3,018

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

(Gain) loss on sale of disposal group

-

-

0

-4,304

-

-

0

0

-

-

21,574

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Property insurance recovery related to Mountain Laurel longwall

9,000

-

39,000

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

Gain on Knight Hawk transaction

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

41,577

-

-

-

-

-

-

-

Other operating income, net

6,170

9,869

4,254

3,239

1,650

-709

7,070

7,318

6,932

16,163

8,250

3,518

2,310

5,340

2,476

10,561

2,220

-11,646

8,625

-7,403

-9,086

10,303

1,221

232

7,998

13,742

5,395

8,239

2,842

18,456

24,840

1,563

18,498

1,100

3,611

4,292

1,116

6,960

7,221

4,392

-3,391

67,177

-15,617

-6,889

-5,635

1,354

-4,405

Costs, expenses and other operating

429,123

556,440

512,986

503,652

478,404

564,473

550,294

547,754

510,128

509,127

540,228

506,942

533,990

529,602

538,510

530,819

586,518

1,102,282

2,925,316

714,008

696,717

750,496

777,480

749,581

809,093

1,060,064

1,026,022

802,611

788,801

1,121,062

855,928

1,562,578

985,570

756,687

1,122,417

890,174

770,700

748,456

776,358

657,796

679,674

695,977

566,619

547,303

642,468

681,528

615,893

Income (loss) from operations

-23,891

-

106,481

66,570

76,779

-

82,886

44,595

65,167

-

73,310

42,924

66,985

-

11,795

-110,521

-158,412

-

-2,236,772

-69,546

-19,712

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest expense

3,388

3,629

4,049

4,375

4,432

4,847

5,179

5,050

5,395

5,505

5,972

6,003

9,425

11,241

46,164

45,273

44,451

99,394

99,759

99,574

99,252

98,298

98,217

97,960

96,471

95,813

95,624

94,756

95,074

88,405

75,710

78,728

74,772

75,663

77,694

42,249

34,580

34,643

37,698

35,125

35,083

35,466

29,791

20,657

20,018

-17,019

-18,721

Interest and investment income

1,259

1,751

3,709

2,088

2,143

2,156

1,801

1,552

1,273

560

720

842

527

487

582

933

1,138

423

672

962

2,373

1,930

1,949

2,036

1,843

1,854

697

1,216

2,836

1,905

1,459

1,088

1,021

968

840

755

746

561

927

623

338

338

399

417

6,468

235

-468

Interest expense, net

-2,129

-1,878

-340

-2,287

-2,289

-2,691

-3,378

-3,498

-4,122

-4,945

-5,252

-5,161

-8,898

-10,754

-45,582

-44,340

-43,313

-98,971

-99,087

-98,612

-96,879

-96,368

-96,268

-95,924

-94,628

-

-

-93,540

-92,238

-

-

-77,640

-73,751

-74,695

-76,854

-41,494

-33,834

-172,576

-36,771

34,502

34,745

-161,492

29,392

20,240

13,550

-16,784

18,253

Costs related to acquisition of Jacobs Ranch

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

791

3,025

3,350

0

0

Income (loss) before nonoperating expenses

-26,020

-2,044

106,141

64,283

74,490

97,488

79,508

41,097

61,045

70,428

68,058

37,763

58,087

46,086

-33,787

-154,861

-201,725

-244,455

-2,335,859

-168,158

-116,591

-5,304

-35,300

-35,805

-73,122

-340,678

-234,753

-36,279

-51,431

-333,442

119,242

-596,893

54,081

69,213

76,256

95,354

102,238

86,938

98,347

106,499

32,200

29,495

48,338

7,309

38,572

87,930

169,224

Income before nonoperating expenses

-

-

-

-

-

-

-

-

-

-

-

-

-

35,332

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Nonoperating (expenses) income
Non-service related pension and postretirement benefit costs

1,096

-74

-975

1,336

1,766

996

971

-68

1,303

166

821

232

721

-32

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain (Loss) on Extinguishment of Debt

-

-

0

0

-

-

0

-485

-

0

-486

-31

-2,030

0

0

0

-2,213

-16,412

-7,482

-4,016

0

-

0

0

-

-

0

-

-

-

0

-19,042

-

-

-1,708

-250

-

-

-6,776

-

-

-

-

-

-

-

-

Reorganization items, net

26

-47

0

-16

87

-60

-560

-740

-301

494

-43

-21

-2,828

-759

-20,904

-21,271

-3,875

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Debt Related Commitment Fees and Debt Issuance Costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

49,490

-

-

-

-

-

-

-

-

-

-

-

Nonoperating (expenses) income

-1,070

27

975

-1,352

-1,679

-1,056

-1,531

-1,157

-1,604

328

-1,350

-284

-5,579

-727

-20,904

-21,271

-6,088

-

-7,482

-4,016

0

-

-

-

-

-

-94,927

-

-

-

-74,251

-

-

-

-1,708

-49,740

-

-

-6,776

-

-

-

-

-

-

-

-

Income (loss) before income taxes

-27,090

-8,811

107,116

62,931

72,811

82,743

77,977

39,940

59,441

46,500

66,708

37,479

52,508

34,605

-54,691

-176,132

-207,813

-654,416

-2,343,341

-172,174

-116,591

-101,672

-131,568

-131,729

-167,750

-477,558

-329,680

-129,819

-143,669

-424,568

44,991

-693,575

-19,670

-5,482

-2,306

4,120

68,404

52,856

54,800

71,997

-2,545

-5,633

18,946

-12,931

25,022

71,146

150,971

Provision for (benefit from) income taxes

-1,791

-260

347

91

70

-3,351

-45,215

-3,366

-544

-34,771

-1,643

319

840

1,156

-3,270

-245

-1,111

-22,048

-343,865

-4,071

-3,396

138,464

-34,350

-34,869

-43,611

-104,764

-121,913

-49,468

-59,353

-102,027

20,318

-251,119

-21,079

-22,872

-11,427

-2,510

12,530

4,825

7,941

5,723

-775

-7,185

-6,270

2,230

-5,550

-26,881

37,700

Less: Net income attributable to noncontrolling interest

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

0

0

65

203

335

231

318

273

212

181

118

26

21

31

-35

-7

-

-274

Net income (loss)

-25,299

-8,551

106,769

62,840

72,741

86,094

123,192

43,306

59,985

81,271

68,351

37,160

51,668

33,449

-51,421

-175,887

-206,702

-

-1,999,476

-168,103

-113,195

-

-97,218

-96,860

-124,139

-

-128,363

-

-70,049

-295,423

45,751

-435,489

1,206

70,880

8,890

6,312

55,601

47,819

46,678

66,156

-1,796

1,531

25,185

-15,126

30,579

97,848

-

Net income (loss) per common share
Loss from continuing operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-372,794

-207,767

-80,351

-84,316

-

24,673

-442,456

-

-

-

-

-

-

-

-

-

-

-

-

-

98,027

-

Income from discontinued operations, including gain on sale - net of tax

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,580

79,404

8,145

14,267

-

21,078

7,032

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net income (loss)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-128,363

-72,206

-

-295,423

45,751

-435,424

1,409

71,215

9,121

6,630

55,874

48,031

46,859

66,274

-1,770

1,552

25,216

-15,161

30,572

-179

113,271

Net income (loss) attributable to Arch Coal, Inc.

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

112,997

Earnings Per Share [Abstract]
Income (Loss) from Continuing Operations, Per Basic Share

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-0.98

-

-

-

0.12

-2.09

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income (Loss) from Continuing Operations, Per Diluted Share

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-0.98

-

-

-

0.12

-2.09

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Basic earnings per common share (in dollars per share)

-1.67

-0.33

6.79

3.80

4.16

4.48

6.40

2.15

2.87

3.57

2.90

1.51

2.07

1.34

-

-

-

-

-

-

-

-

-

-

-

-

-0.61

-

-

-

0.22

-2.05

0.01

0.33

0.04

0.04

0.34

0.29

0.29

0.41

-0.01

0.02

0.16

-0.11

0.21

0.68

0.78

Diluted earnings per common share (in dollars per share)

-1.67

-0.26

6.34

3.53

3.91

4.25

6.10

2.06

2.74

3.50

2.83

1.48

2.03

1.31

-

-

-

-

-

-

-

-

-

-

-

-

-0.61

-

-

-

0.22

-2.05

0.01

0.32

0.04

0.04

0.34

0.28

0.29

0.41

-0.01

0.02

0.16

-0.11

0.21

0.68

0.78

Weighted average shares outstanding
Basic weighted average shares outstanding (in shares)

15,139

15,099

15,736

16,543

17,494

18,345

19,250

20,156

20,901

21,653

23,580

24,659

25,008

25,002

-

-

-

-

-

-

-

-

-

-

-

-

212,111

-

-

-

212,053

212,048

211,687

212,187

211,337

174,244

162,576

162,441

162,391

162,388

162,372

162,626

155,622

142,815

142,789

144,035

144,120

Diluted weighted average shares outstanding (in shares)

15,139

15,960

16,852

17,781

18,599

19,397

20,208

21,036

21,875

22,335

24,135

25,082

25,408

25,469

-

-

-

-

-

-

-

-

-

-

-

-

212,111

-

-

-

212,076

212,048

211,908

212,601

211,974

175,272

163,773

164,164

163,174

163,130

162,372

163,420

156,005

142,815

142,848

144,898

145,049

Basic and diluted LPS- Loss from continuing operations (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-0.38

-0.40

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net loss per common share
Basic and diluted - Net loss per share (usd per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-2.41

-8.26

-9.71

-29.70

-93.94

-7.90

-5.32

-20.68

-4.58

-0.46

-0.59

-

-

-0.34

-0.33

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Basic and diluted weighted average shares outstanding (shares)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

21,293

21,293

21,293

21,291

21,291

21,292

21,266

-360,732

21,224

212,225

212,171

-

-

212,082

212,062

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Dividends declared per common share (in dollars per share)

0.50

-

0.45

0.45

0.45

-

0.40

0.40

0.40

-

0.35

0.35

0.00

-

-

-

-

-

-

-

-

0.09

0.00

0.00

0.01

1.11

0.03

0.03

0.03

0.03

0.03

0.03

0.11

0.11

0.11

0.11

0.10

0.10

0.10

0.10

0.09

0.09

0.09

0.09

0.09

0.09

0.09