Business Segments (Tables)

3 Months Ended

Mar. 31, 2026

Schedule of Segment Reporting Information

The following table provides segment financial information and a reconciliation of segment results to consolidated results:


	THREE MONTHS ENDED
	MARCH 31
		2026		2025
Revenues
Utility Coal Mining		$	16,691	$	19,239
Contract Mining		32,639		31,526
Minerals and Royalties		9,546		10,902
Unallocated Items		4,831		4,400
Eliminations		(932)		(496)
Total		$	62,775	$	65,571

Cost of sales
Utility Coal Mining		$	15,950	$	22,570
Contract Mining		27,744		28,378
Minerals and Royalties		1,121		2,244
Unallocated Items		4,612		3,237
Eliminations		(943)		(512)
Total		$	48,484	$	55,917

Earnings of unconsolidated operations
Utility Coal Mining		$	14,108	$	14,463
Contract Mining		1,502		969
Minerals and Royalties		961		554


Total		$	16,571	$	15,986

Operating expenses (income)*
Utility Coal Mining		$	7,425	$	7,341
Contract Mining		2,409		2,147
Minerals and Royalties		1,650		1,305
Unallocated Items		8,362		7,165

Total		$	19,846	$	17,958

Operating profit (loss)
Utility Coal Mining		$	7,424	$	3,791
Contract Mining		3,988		1,970
Minerals and Royalties		7,736		7,907
Unallocated Items		(8,143)		(6,002)
Eliminations		11		16
Total		$	11,016	$	7,682

*Operating expenses (income) consist of Selling, general and administrative expenses, Amortization of intangible assets and Gain on sale of assets.


	THREE MONTHS ENDED
	MARCH 31
		2026		2025
Expenditures for property, plant and equipment and acquisition of mineral interests
Utility Coal Mining		$	533	$	617
Contract Mining		11,832		6,754
Minerals and Royalties		69		807
Unallocated Items		20,996		630
Total		$	33,430	$	8,808

Depreciation, depletion and amortization
Utility Coal Mining		$	2,312	$	2,018
Contract Mining		1,998		2,702
Minerals and Royalties		887		1,908
Unallocated Items		310		165
Total		$	5,507	$	6,793

		MARCH 31 2026		DECEMBER 31 2025
Total assets
Utility Coal Mining		$	118,954	$	125,715
Contract Mining		222,644		213,571
Minerals and Royalties		115,999		115,545
Unallocated Items**		228,059		206,397
Total		$	685,656	$	661,228

**Unallocated Items consist primarily of Cash and cash equivalents, assets of growth businesses, Deferred income taxes and Investments in unconsolidated subsidiaries.