Arch Coal Inc. ARCH Income Statement

Arch coal inc. (ARCH)

Income statement / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Mar'10	Dec'09	Sep'09	Jun'09	Mar'09	Sep'08	Jun'08
Revenues
2,144	2,294	2,395	2,409	2,431	2,451	2,361	2,341	2,298	2,324	2,340	2,276	2,147	1,974	1,961	2,100	2,324	2,573	2,755	2,808	2,878	2,937	2,911	2,960	3,012	3,014	3,082	3,266	3,465	3,768	3,806	4,029	4,049	3,883	3,892	3,568	3,347	3,186	3,076	2,816	2,606	2,576	2,620	2,790	0	0	0
Costs, expenses and other operating
Cost of sales (exclusive of items shown separately below)
1,809	1,873	1,894	1,885	1,908	1,925	1,861	1,874	1,834	1,839	1,859	1,815	1,800	1,759	1,826	1,916	2,063	2,206	2,279	2,386	2,442	2,566	2,624	2,665	2,699	2,663	2,690	2,810	2,953	3,155	3,117	3,261	3,177	2,980	2,944	2,643	2,498	2,395	2,340	2,177	2,074	2,070	2,071	2,150	0	0	0
Depreciation, depletion and amortization
118	112	109	111	115	119	119	120	120	122	127	164	192	224	264	299	338	379	412	414	419	418	410	412	420	426	436	448	462	492	484	504	477	420	416	369	360	365	357	336	316	301	285	285	0	0	0
Accretion on asset retirement obligations
20	20	22	24	26	27	28	28	29	30	30	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of sales contracts, net
-	-0	1	4	8	11	20	31	42	53	43	29	15	0	-2	-4	-6	-8	-10	-11	-12	-13	0	0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of acquired sales contracts, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-39	-47	-42	-22	4	26	30	35	45	35	30	19	0	0	0	-	-
Change in fair value of coal derivatives and coal trading activities, net
-4	-18	-32	-23	-0	9	26	17	2	7	3	2	2	3	2	-1	-1	-1	0	0	-3	-3	-0	13	7	7	15	11	-11	-16	-41	-39	-4	-2	5	-0	1	8	10	5	-5	-12	8	-41	0	0	0
Asset impairment and mine closure costs
-	-	-	-	-	-	-	-	-	-	-	-	-	129	618	2,718	2,693	2,608	2,124	25	0	-	0	0	-	-	0	-	-	-	0	0	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Goodwill impairment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	0	0	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Losses from disposed operations resulting from Patriot Coal bankruptcy
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Reduction in accrual related to acquired litigation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Asset impairment costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Acquisition and transition costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-
Selling, general and administrative expenses
94	95	100	98	98	100	97	95	93	87	87	86	83	82	85	90	96	98	99	102	107	114	124	125	129	133	131	135	136	134	125	125	119	119	121	115	121	118	116	113	99	97	93	101	0	0	0
Costs related to proposed joint venture with Peabody Energy
0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Severance costs related to voluntary separation plan
0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operating Income (Expense) Related to Joint Venture
0	-	0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
(Gain) loss on sale of disposal group
-	-	0	0	-	-	0	0	-	-	0	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Property insurance recovery related to Mountain Laurel longwall
0	-	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Gain on Knight Hawk transaction
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-
Other operating income, net
23	19	8	11	15	20	37	38	34	30	19	13	20	20	3	9	-8	-19	2	-4	2	19	23	27	35	30	34	54	47	63	46	24	27	10	15	19	19	15	75	52	41	39	-26	-15	0	0	0
Costs, expenses and other operating
2,002	2,051	2,059	2,096	2,140	2,172	2,117	2,107	2,066	2,090	2,110	2,109	2,132	2,185	2,758	5,144	5,328	5,438	5,086	2,938	2,974	3,086	3,396	3,644	3,697	3,677	3,738	3,568	4,328	4,525	4,160	4,427	3,754	3,539	3,531	3,185	2,953	2,862	2,809	2,600	2,489	2,452	2,437	2,487	0	0	0
Income (loss) from operations
0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest expense
15	16	17	18	19	20	21	21	22	26	32	72	112	147	235	288	343	397	396	395	393	390	388	385	382	381	373	353	337	317	304	306	270	230	189	149	142	142	143	135	120	105	53	4	0	0	0
Interest and investment income
8	9	10	8	7	6	5	4	3	2	2	2	2	3	3	3	3	4	5	7	8	7	7	6	5	6	6	7	7	5	4	3	3	3	2	2	2	2	2	1	1	7	7	6	0	0	0
Interest expense, net
-6	-6	-7	-10	-11	-13	-15	-17	-19	-24	-30	-70	-109	-143	-232	-285	-339	-393	-390	-388	-385	-383	0	0	0	-	-	0	0	-	-	-302	-266	-226	-324	-284	-208	-140	-129	-62	-77	-98	46	35	0	0	0
Costs related to acquisition of Jacobs Ranch
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0	0
Income (loss) before nonoperating expenses
142	242	342	315	292	279	252	240	237	234	209	108	-84	-344	-634	-2,936	-2,950	-2,865	-2,625	-325	-193	-149	-484	-684	-684	-663	-655	-301	-862	-757	-354	-397	294	343	360	382	394	323	266	216	117	123	182	303	0	0	0
Income before nonoperating expenses
-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Nonoperating (expenses) income
Non-service related pension and postretirement benefit costs
1	2	3	5	3	3	2	2	2	1	1	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain (Loss) on Extinguishment of Debt
-	-	0	0	-	-	0	0	-	-2	-2	-2	-2	-2	-18	-26	-30	-27	-11	-4	0	-	0	0	-	-	0	-	-	-	0	0	-	-	0	0	-	-	0	-	-	-	-	-	-	-	-
Reorganization items, net
-0	0	0	-0	-1	-1	-1	-0	0	-2	-3	-24	-45	-46	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Debt Related Commitment Fees and Debt Issuance Costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-
Nonoperating (expenses) income
-1	-2	-3	-5	-5	-5	-3	-3	-2	-6	-7	-27	-48	-48	0	0	0	-	0	0	0	-	-	-	-	-	0	-	-	-	0	-	-	-	0	0	-	-	0	-	-	-	-	-	-	-	-
Income (loss) before income taxes
134	234	325	296	273	260	223	212	210	203	191	69	-143	-404	-1,093	-3,381	-3,377	-3,286	-2,733	-522	-481	-532	-908	-1,106	-1,104	-1,080	-1,027	-653	-1,216	-1,092	-673	-721	-23	64	123	180	248	177	118	82	-2	25	102	234	0	0	0
Provision for (benefit from) income taxes
-1	0	-2	-48	-51	-52	-83	-40	-36	-35	0	-0	-1	-3	-26	-367	-371	-373	-212	96	65	25	-217	-305	-319	-335	-332	-190	-392	-353	-274	-306	-57	-24	3	22	31	17	5	-8	-12	-16	-36	7	0	0	0
Less: Net income attributable to noncontrolling interest
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	0	0	0	1	1	1	0	0	0	0	0	0	0	0	0	0	-	0
Net income (loss)
135	233	328	344	325	312	307	252	246	238	190	70	-142	-400	0	0	0	-	0	0	0	-	0	0	0	-	0	-	-755	-683	-317	-354	87	141	118	156	216	158	112	91	9	42	138	0	0	0	-
Net income (loss) per common share
Loss from continuing operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-745	-347	-582	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-
Income from discontinued operations, including gain on sale - net of tax
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	103	122	50	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income (loss)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-683	-317	-353	88	142	119	157	217	159	112	91	9	42	40	128	0	0	0
Net income (loss) attributable to Arch Coal, Inc.
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
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	15	15	16	17	18	19	20	20	21	23	24	25	25	-	-	-	-	-	-	-	-	-	-	-	-	212	-	-	-	212	212	211	212	211	174	162	162	162	162	162	162	155	142	142	144	144
Diluted weighted average shares outstanding (in shares)
15	15	16	17	18	19	20	21	21	22	24	25	25	25	-	-	-	-	-	-	-	-	-	-	-	-	212	-	-	-	212	212	211	212	211	175	163	164	163	163	162	163	156	142	142	144	145
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	21	21	21	21	21	21	-360	21	212	212	-	-	212	212	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
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