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Vectren Fuels Acquisition (Tables) | 12 Months Ended
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Dec. 31, 2014
Vectren Fuels Acquisition [Abstract] |
Schedule of Business Acquisition | The acquisition was financed through a new debt facility, and the preliminary purchase price allocation and use of proceeds from the new debt facility were as follows (assets not received or liabilities not assumed were retained by the parent company of VFI):
Assets received: |  |  |
Accounts receivable |  | $ | 16,879
Coal inventory |  |  | 21,484
Parts and supply inventory |  |  | 13,180
Advance royalties |  |  | 711
Prepaid expenses |  |  | 701
Land and mineral rights |  |  | 87,293
Mine development |  |  | 37,485
Buildings and equipment |  |  | 152,977
Total assets received |  |  | 330,710
Liabilities assumed: |  |  |
Accounts payable and accrued liabilities |  |  | 12,707
Asset retirement obligations |  |  | 6,550
Total liabilities assumed |  |  | 19,257
Total consideration paid for VFI |  | $ | 311,453
Schedule of Business Acquisition Pro Forma Information | The following unaudited pro forma information has been prepared for illustrative purposes only and assumes the acquisition occurred on January 1, 2013. The unaudited pro forma results have been prepared based on estimates and assumptions, which we believe are reasonable, however, they are not necessarily indicative of the consolidated results of operations had the acquisition occurred on January 1, 2013, or of future results of operations. VFI deal related costs of $9 million (including $1 million for the write off of deferred financing costs related to the old credit agreement) have been excluded from the pro forma amounts.
|  | Year Ended December 31, |
|  | 2014 |  | 2013 |
|  | (In thousands, except per share data)
Total revenues: |  |  |  |  |  |
As reported |  | $ | 241,171 |  | $ | 153,870 |
Pro forma |  | $ | 462,000 |  | $ | 447,500 |
Net income: |  |  |  |  |  |  |
As reported |  | $ | 10,219 |  | $ | 22,423 |
Pro forma |  | $ | 39,068 |  | $ | 46,503 |
Basic net income per share: |  |  |  |  |  |  |
As reported |  | $ | 0.34 |  | $ | 0.78 |
Pro forma |  | $ | 1.36 |  | $ | 1.63 |

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- Definition Tabular disclosure of pro forma results of operations for a material business acquisition or series of individually immaterial business acquisitions that are material in the aggregate. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(2)-(3) -URI http://asc.fasb.org/extlink&oid=25497992&loc=d3e1392-128463 + Details
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- Definition Tabular disclosure of a material business combination completed during the period, including background, timing, and recognized assets and liabilities. This table does not include leveraged buyouts. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=25497992&loc=d3e1392-128463 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=25497992&loc=d3e1486-128463 + Details
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