Hallador energy company (HNRG)
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'11Sep'10Jun'10
Revenue and Other Income:
Revenue

62,538

78,743

83,096

72,310

89,313

89,728

79,722

57,243

66,864

-

73,896

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other

-

-

-

-

-

-

-

-

-

-

572

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Coal sales

-

-

-

-

-

-

-

-

-

-

-

62,829

62,555

71,495

65,360

66,274

75,795

65,762

81,332

95,323

97,073

99,992

64,764

36,130

33,016

-

34,985

34,149

-

-

36,152

32,487

-

37,723

34,174

32,136

33,965

34,194

31,695

MSHA reimbursement

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,753

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Liability entinguishment (Note 10)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4,300

-

-

-

-

-

-

-

-

-

-

-

Equity income - Savoy

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

501

680

-

-

-

-

-

-

-

Equity income - Sunrise Energy

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

17

-24

-

-

-

-

-

-

-

Coal sales

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

33,995

-

-

-

-

-

-

-

-

-

-

Coal sales

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

29,620

-

9,084

-

-

-

-

Equity income  Savoy

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,084

-

-

-

1,818

1,405

948

1,681

1,442

-877

113

Equity income - Sunrise Energy

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

122

-

-

-

56

148

230

119

425

-

-

Other income (Note 7)

-

-

-

-

-

-

-

-

-

-

-

1,483

998

2,622

487

363

490

611

753

120

752

1,032

237

197

283

2,063

455

699

2,461

61

444

2,032

2,462

356

192

-272

2,029

-141

-124

Revenue

-

-

-

-

-

-

-

-

-

69,300

74,468

64,312

63,553

71,234

65,767

68,564

75,885

64,853

82,013

95,253

98,001

100,622

66,322

38,460

35,767

37,812

37,660

40,736

37,662

35,078

37,114

35,175

33,956

41,201

44,628

33,664

37,861

33,176

31,684

Costs and expenses:
Operating costs and expenses

48,469

60,083

71,363

54,001

62,419

-

60,230

38,874

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Operating costs and expenses

-

-

-

-

-

-

-

-

46,640

52,025

54,354

44,079

39,692

50,663

46,940

45,397

49,777

46,470

56,995

68,280

66,152

68,002

52,588

26,096

23,005

25,152

23,407

22,262

23,290

21,745

20,745

18,816

18,433

21,129

19,355

17,902

18,708

18,392

18,883

DD&A

10,627

12,960

11,778

12,096

11,738

11,403

10,815

11,120

10,829

9,962

9,729

9,101

9,703

9,385

7,942

9,056

9,182

11,186

10,648

10,770

11,338

12,131

6,979

5,193

4,959

4,603

4,772

4,650

4,560

4,133

4,145

3,944

3,806

3,968

3,392

3,382

3,354

3,121

2,885

ARO accretion

333

329

320

314

309

301

293

291

282

221

219

214

207

271

260

249

249

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Exploration costs

253

390

347

208

280

-

279

315

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Exploration costs

-

-

-

-

-

-

-

-

217

288

152

275

139

505

354

395

419

458

381

492

708

455

716

526

665

635

739

447

539

553

778

703

419

487

373

151

121

-

-

SG&A

2,978

3,463

2,926

3,475

2,984

2,958

2,519

2,474

3,890

2,883

2,859

6,578

2,658

2,444

2,585

2,729

2,762

3,190

3,003

3,080

3,344

4,819

2,511

2,738

1,971

2,083

1,936

1,674

1,976

1,925

1,947

1,805

1,855

1,908

1,695

1,657

1,744

1,332

1,456

Total Interest

5,714

2,452

3,558

5,369

4,619

6,004

3,261

4,315

2,708

2,751

3,229

3,342

3,091

2,142

2,601

4,503

5,596

1,602

5,176

3,323

5,456

6,372

1,825

397

465

416

308

447

376

339

229

257

271

285

297

342

364

480

486

Acquisition deal costs (Note 2)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

8,912

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total costs and expenses

68,374

157,559

90,292

75,463

82,349

90,659

77,397

57,389

64,566

68,130

70,542

63,589

55,490

81,970

60,682

62,329

67,985

63,404

76,203

85,945

86,998

90,924

73,531

34,950

31,065

32,889

31,162

29,480

30,741

28,695

27,844

25,525

24,784

27,777

25,112

23,434

24,291

23,325

23,710

Income (loss) before income taxes

-5,836

-78,816

-7,196

-3,153

6,964

-931

2,325

-146

2,298

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income before income taxes

-

-

-

-

-

-

-

-

-

-

3,926

723

8,063

-

5,085

6,235

7,900

-

5,810

9,308

11,003

-

-7,209

3,510

4,702

4,923

6,498

11,256

6,921

6,383

9,270

9,650

9,172

13,424

19,516

10,230

13,570

9,851

7,974

Income tax benefit
Current

-524

52

-426

78

-229

-1,362

-204

-19

-203

-1,590

-2,532

1,357

17

103

-270

-768

768

-1,245

680

-865

1,416

-2,039

-157

3,169

1,232

-1,563

-609

1,105

801

298

1,731

1,992

1,884

1,703

2,416

1,310

1,837

-

-

Deferred

-1,652

-19,081

-3,047

113

193

-2,167

-385

-104

369

-18,597

2,542

-1,023

632

-7,012

1,033

1,150

970

2,150

-14

3,320

1,996

2,344

-1,284

-2,727

-56

2,526

2,277

1,986

652

1,079

1,349

1,200

1,135

3,201

4,544

2,465

3,455

-

-

Total income tax benefit

-2,176

-19,029

-3,473

191

-36

-3,529

-589

-123

166

-20,187

10

334

649

-6,909

763

382

1,738

905

666

2,455

3,412

305

-1,441

442

1,176

963

1,668

3,091

1,453

1,377

3,080

3,192

3,019

4,904

6,960

3,775

5,292

3,356

3,190

Net income (loss)

-3,660

-59,787

-3,723

-3,344

7,000

2,598

2,914

-23

2,132

21,357

3,916

389

7,414

-3,827

4,322

5,853

6,162

544

5,144

6,853

7,591

9,393

-5,768

3,068

3,526

3,960

4,830

8,165

5,468

5,006

6,190

6,458

6,153

8,520

12,556

6,455

8,278

6,495

4,784

Net income (loss) per share: (Note 13)
Basic and diluted (in Dollars per share)

-0.12

-1.95

-0.12

-0.11

0.23

0.09

0.09

0.00

0.07

0.69

0.13

0.01

0.25

-0.12

0.14

0.19

0.21

0.03

0.17

0.23

0.25

0.32

-0.20

0.10

0.12

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Increase in value of marketable equity securities available for sale, net of taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

6

-

-

Basic (in Dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.17

0.29

0.19

0.17

0.22

0.23

0.22

0.29

0.45

0.23

0.30

0.23

0.17

Diluted (in Dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.17

0.28

0.19

0.17

0.22

0.23

0.21

0.29

0.44

0.23

0.29

0.23

0.17

Weighted average shares outstanding:
Basic and diluted (in Shares)

30,420

30,273

30,249

30,245

30,245

30,184

30,177

29,980

29,955

29,954

29,774

29,503

29,413

29,286

29,252

29,251

29,251

29,094

29,044

29,024

28,962

28,805

28,772

28,770

28,757

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Bank interest

2,654

-

-

-

3,012

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Basic (in Shares)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

28,607

28,604

28,529

28,377

28,324

28,314

28,309

-56,210

28,162

28,133

28

27

27

Diluted (in Shares)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

28,838

28,763

28,751

29,256

28,760

28,675

28,681

-57,090

28,590

28,587

28

28

28

Change in interest rate swap valuation

2,593

-

-

-

1,013

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Amortization of debt issuance costs

467

-

-

-

543

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other

-

-

-

-

51

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total non-cash interest

3,060

-

-

-

1,607

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net change in the estimated fair value of interest rate swap

-

-

-

-

-

-

-

-

-

-

-36

-20

-420

-

-955

249

1,499

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Change in fair value of interest rate swaps

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,251

-702

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Increase in value of marketable equity securities available for sale, net of tax

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

14

-

-

-

-

-

-

Comprehensive income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

6,167

-

-

-

-

-

-

Net income

-3,660

-59,787

-3,723

-3,344

7,000

2,598

2,914

-23

2,132

21,357

3,916

389

7,414

-

4,322

5,853

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

12,556

6,455

8,278

6,495

4,784

Comprehensive income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

8,284

-

-

Coal Sales [Member]
Revenue

61,932

78,205

82,883

71,113

85,235

89,019

79,055

56,922

66,787

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other Revenue [Member]
Revenue

606

538

213

1,197

4,078

709

667

321

77

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-