v3.26.1
Revenue Recognition (Tables)
6 Months Ended
Jun. 30, 2026
Revenue Recognition [Abstract]  
Disaggregation of Revenue With respect to its seaborne reportable segments, the Company classifies as “Export” certain revenue from domestically-delivered coal under contracts in which the price is derived on a basis similar to export contracts.
Three Months Ended June 30, 2026
Seaborne ThermalSeaborne MetallurgicalPowder River BasinOther U.S. Thermal
Corporate and Other (1)
Consolidated
(Dollars in millions)
Thermal coal
Domestic$40.2 $— $222.3 $163.2 $— $425.7 
Export190.4 — 1.5 — — 191.9 
Total thermal230.6 — 223.8 163.2 — 617.6 
Metallurgical coal
Export— 358.2 — — — 358.2 
Total metallurgical— 358.2 — — — 358.2 
Other— 0.1 — — 27.3 27.4 
Revenue$230.6 $358.3 $223.8 $163.2 $27.3 $1,003.2 
Three Months Ended June 30, 2025
Seaborne ThermalSeaborne MetallurgicalPowder River BasinOther U.S. Thermal
Corporate and Other (1)
Consolidated
(Dollars in millions)
Thermal coal
Domestic$35.8 $— $275.7 $155.0 $— $466.5 
Export159.3 — — — — 159.3 
Total thermal195.1 — 275.7 155.0 — 625.8 
Metallurgical coal
Export— 251.9 — — — 251.9 
Total metallurgical— 251.9 — — — 251.9 
Other— 0.3 — 0.1 12.0 12.4 
Revenue$195.1 $252.2 $275.7 $155.1 $12.0 $890.1 
Six Months Ended June 30, 2026
Seaborne ThermalSeaborne MetallurgicalPowder River BasinOther U.S. Thermal
Corporate and Other (1)
Consolidated
(Dollars in millions)
Thermal coal
Domestic$75.7 $— $511.8 $347.7 $— $935.2 
Export352.2 — 1.5 — — 353.7 
Total thermal427.9 — 513.3 347.7 — 1,288.9 
Metallurgical coal
Export— 640.5 — — — 640.5 
Total metallurgical— 640.5 — — — 640.5 
Other0.2 0.8 — — 46.1 47.1 
Revenue$428.1 $641.3 $513.3 $347.7 $46.1 $1,976.5 
Six Months Ended June 30, 2025
Seaborne ThermalSeaborne MetallurgicalPowder River BasinOther U.S. Thermal
Corporate and Other (1)
Consolidated
(Dollars in millions)
Thermal coal
Domestic$73.5 $— $551.2 $323.7 $— $948.4 
Export386.6 — — — — 386.6 
Total thermal460.1 — 551.2 323.7 — 1,335.0 
Metallurgical coal
Export— 471.6 — — — 471.6 
Total metallurgical— 471.6 — — — 471.6 
Other0.1 0.7 0.1 0.1 19.5 20.5 
Revenue$460.2 $472.3 $551.3 $323.8 $19.5 $1,827.1 
(1)    Corporate and Other includes the following:
Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
(Dollars in millions)
Revenue from physical sale of coal (2)
$21.7 $7.8 $35.4 $11.8 
Other5.6 4.2 10.7 7.7 
Total Corporate and Other$27.3 $12.0 $46.1 $19.5 
(2)    Includes revenue recognized upon the physical sale of coal purchased from the Company’s reportable segments and sold to customers through the Company’s coal trading business. Primarily represents the difference between the price contracted with the customer and the price allocated to the reportable segment.
Schedule of Accounts Receivable
“Accounts receivable, net” at June 30, 2026 and December 31, 2025 consisted of the following:
June 30, 2026December 31, 2025
(Dollars in millions)
Trade receivables, net$270.3 $267.0 
Miscellaneous receivables, net58.5 47.9 
Accounts receivable, net$328.8 $314.9