XML 16 R2.htm IDEA: XBRL DOCUMENT v3.10.0.1
Unaudited Condensed Consolidated Statements of Operations - USD ($)
$ in Millions
 3 Months Ended 6 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Apr. 01, 2017
Sep. 30, 2017
Sep. 30, 2018
Successor          
Revenues          
Sales $ 1,194.5 $ 1,264.2   $ 2,323.8 $ 3,600.9
Other revenues 218.1 213.0   411.7 583.8
Total revenues 1,412.6 1,477.2   2,735.5 4,184.7
Costs and expenses          
Operating costs and expenses (exclusive of items shown separately below) 1,047.9 1,039.1   1,967.0 3,051.6
Depreciation, depletion and amortization 169.6 194.5   342.8 503.1
Asset retirement obligation expenses 12.4 11.3   22.3 37.9
Selling and administrative expenses 38.6 33.7   68.4 119.7
Acquisition costs related to Shoal Creek 2.5 0.0   0.0 2.5
Other operating (income) loss:          
Net gain on disposals (20.8) (0.4)   (0.9) (49.8)
Asset impairment 0.0 0.0   0.0 0.0
Provision for North Goonyella equipment loss 49.3 0.0   0.0 49.3
Income from equity affiliates (17.2) (10.5)   (26.2) (64.4)
Operating profit 130.3 209.5   362.1 534.8
Interest expense (38.2) (42.4)   (83.8) (112.8)
Loss on early debt extinguishment 0.0 12.9   12.9 2.0
Interest income (10.1) (2.0)   (3.5) (24.3)
Net periodic benefit costs, excluding service cost 4.5 6.6   13.2 13.6
Reorganization items, net 0.0 0.0   0.0 (12.8)
Income (loss) from continuing operations before income taxes 97.7 149.6   255.7 443.5
Income tax provision (benefit) 13.8 (84.1)   (79.4) 31.3
Income (loss) from continuing operations, net of income taxes 83.9 233.7   335.1 412.2
Loss from discontinued operations, net of income taxes (4.1) (3.7)   (6.4) (9.0)
Net income (loss) 79.8 230.0   328.7 403.2
Less: Series A Convertible Preferred Stock dividends 0.0 23.5   138.6 102.5
Less: Net income attributable to noncontrolling interests 8.3 5.1   8.9 8.9
Net income (loss) attributable to common stockholders $ 71.5 $ 201.4   $ 181.2 $ 291.8
Income (loss) from continuing operations:          
Basic income (loss) per share (in dollars per share) $ 0.64 $ 1.51   $ 1.38 $ 2.43
Diluted income (loss) per share (in dollars per share) 0.63 1.49   1.37 2.40
Net income (loss) attributable to common stockholders:          
Basic income (loss) per share (in dollars per share) 0.60 1.48   1.33 2.36
Diluted income (loss) per share (in dollars per share) 0.59 1.47   1.32 2.33
Dividends declared per share (in dollars per share) $ 0.125 $ 0.000   $ 0.000 $ 0.355
Predecessor          
Revenues          
Sales     $ 1,081.4    
Other revenues     244.8    
Total revenues     1,326.2    
Costs and expenses          
Operating costs and expenses (exclusive of items shown separately below)     950.2    
Depreciation, depletion and amortization     119.9    
Asset retirement obligation expenses     14.6    
Selling and administrative expenses     36.3    
Acquisition costs related to Shoal Creek     0.0    
Other operating (income) loss:          
Net gain on disposals     (22.8)    
Asset impairment     30.5    
Provision for North Goonyella equipment loss     0.0    
Income from equity affiliates     (15.0)    
Operating profit     212.5    
Interest expense     (32.9)    
Loss on early debt extinguishment     0.0    
Interest income     (2.7)    
Net periodic benefit costs, excluding service cost     14.4    
Reorganization items, net     627.2    
Income (loss) from continuing operations before income taxes     (459.3)    
Income tax provision (benefit)     (263.8)    
Income (loss) from continuing operations, net of income taxes     (195.5)    
Loss from discontinued operations, net of income taxes     (16.2)    
Net income (loss)     (211.7)    
Less: Series A Convertible Preferred Stock dividends     0.0    
Less: Net income attributable to noncontrolling interests     4.8    
Net income (loss) attributable to common stockholders     $ (216.5)    
Income (loss) from continuing operations:          
Basic income (loss) per share (in dollars per share)     $ (10.93)    
Diluted income (loss) per share (in dollars per share)     (10.93)    
Net income (loss) attributable to common stockholders:          
Basic income (loss) per share (in dollars per share)     (11.81)    
Diluted income (loss) per share (in dollars per share)     (11.81)    
Dividends declared per share (in dollars per share)     $ 0.000