XML 165 R48.htm IDEA: XBRL DOCUMENT v3.25.0.1

Segment Information (Tables)

12 Months Ended

Dec. 31, 2024

Segment Reporting [Abstract]

Schedule of Segment Reporting Information, by Segment

The following tables include reconciliations of segment information to consolidated amounts (in thousands):

						For the years ended December 31,
						2024						2023						2022
Revenues
Mining						$	1,499,980					1,647,992						$	1,707,579
All other						25,240						28,633						31,159
Total revenues						$	1,525,220					$	1,676,625					$	1,738,738
Segment profit
Revenue						$	1,499,980					$	1,647,992					$	1,707,579
Cash cost of sales (exclusive of depreciation and depletion)(1)						999,188						904,319						705,425
Other segment items(2)						8,109						5,950						5,180
Segment profit						$	492,683					$	737,723					$	996,974
Assets
Mining						$	1,627,857					$	1,819,179					$	1,845,119
All other						963,659						537,879						182,976
Total assets						$	2,591,516					$	2,357,058					$	2,028,095
Depreciation and depletion
Mining						$	145,229					$	120,192					$	108,484
All other						8,753						7,164						6,795
Total depreciation and depletion						$	153,982					$	127,356					$	115,279
Capital Expenditures
Mining						$	96,784					$	168,238					$	151,194
All other						360,437						323,436						54,048
Total capital expenditures						$	457,221					$	491,674					$	205,242

(1) The significant expense category and amounts align with the segment-level information that is regularly reviewed by the CODM.
(2) Other segment items include non-cash charges to cost of sales (exclusive of depreciation and depletion) of asset retirement obligation accretion and valuation adjustments and stock compensation expense.

Reconciliation of Net Income (Loss) from Segments to Consolidated

Below is a reconciliation of Segment Adjusted EBITDA to net income, which is its most directly comparable financial measure calculated and presented in accordance with GAAP (in thousands): 

						For the years ended December 31,
						2024						2023						2022
Segment Adjusted EBITDA						$	492,683					$	737,723					$	996,974
Other revenues						25,240						28,633						31,159
Cost of other revenues						(45,449)						(37,486)						(27,047)
Depreciation and depletion						(153,982)						(127,356)						(115,279)
Selling, general and administrative						(63,078)						(51,817)						(48,791)
Business interruption						(524)						(8,291)						(23,455)
Idle mine						—						—						(12,137)
Loss on early extinguishment of debt						—						(11,699)						—
Other (expense) income						—						(1,027)						675
Interest income						33,047						40,699						12,438
Interest expense						(4,271)						(17,960)						(31,433)
Income before income taxes						283,666						551,419						783,104
Income tax expense						(33,063)						(72,790)						(141,806)
Net income						$	250,603					$	478,629					$	641,298

X

- Definition

Tabular disclosure of the reconciliation of profit (loss) from reportable segments to the consolidated income (loss) before income tax expense (benefit) and discontinued operations. Includes, but is not limited to, reconciliation after income tax if income tax is allocated to the reportable segment.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 31
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-31

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-30

+ Details

Name:	us-gaap_ReconciliationOfOperatingProfitLossFromSegmentsToConsolidatedTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 25
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-25

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-22

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-30

+ Details

Name:	us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_SegmentReportingAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration