Company Information

Learn More About XBRL  

Address: ONE ALPHA PLACE
P.O. BOX 2345 
City: ABINGDON 
State: VA 
Zip Code: 24212 
Telephone: 276-619-4463 


Description of Business


Primary SIC Code: 1221
(As filed with the SEC)  

We are a leading Appalachian coal supplier. We produce, process and sell steam and metallurgical coal from eight regional business units, which, as of December 31, 2007, are supported by 32 active underground mines, 26 active surface mines and 11 preparation plants located throughout Virginia, West Virginia, Kentucky, and Pennsylvania, as well as a road construction business in West Virginia and Virginia that recovers coal. We are also actively involved in the purchase and resale of coal mined by others, the majority of which we blend with coal produced from our mines, allowing us to realize a higher overall margin for the blended product than we would be able to achieve selling these coals separately. Steam coal, which is primarily purchased by large utilities and industrial customers as fuel for electricity generation, accounted for approximately 62% of our 2007 coal sales volume.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
12/20091.98NA21.91
09/20090.47NA74.68
06/20091.76NA14.93
03/20092.53NA7.02
12/20082.30NA7.04
09/20082.45NA20.99
06/20081.69NA61.71
03/20080.69NA62.96

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2008 Leverage 2008
Net Inc/Comm Equity0.40Total Liab/Total Assets0.58
Net Inc/Total Assets0.10Total Liab/Inv Cap0.70
Net Inc/Inv Cap0.12Total Liab/Comm Equity2.42
Pretax Inc/Net Sales0.08Interest Coverage Ratio5.96
Net Inc/Net Sales0.06Curr Debt/Equity0.04
Cash Flow/Net Sales0.18LTD/Equity0.74
SG&A/NetSales0.03Total Debt/Equity0.78
Asset Utilization   Liquidity  
Net Receivables Turnover13.57Quick Ratio3.45
Inventory Turnover26.05Current Ratio3.78
Inventory Day Sales0.06Net Rec/Curr Assets0.18
Net Sales/Work Cap3.50Inv/Curr Assets0.09
Net Sales/PP&E4.64  

Income Statement (Millions)

  6/30/2009 3/31/2009 12/31/2008 9/30/2008
Total Revenues(Net Sales) 386.17 486.74 593.84 711.16
Cost of Goods Sold 355.75 314.89 508.60 548.45
Selling & Admin Exps -23.15 62.52 14.96 44.08
Operating Income 31.75 69.36 -35.78 77.40
Interest Exp 10.17 9.85 6.80 6.41
Pretax Income 22.00 60.25 11.07 74.12
Other Income 0.42 0.74 53.65 3.13
Net Income Bef Extraordinary ... NA NA NA NA
Net Income 15.36 40.96 -4.19 69.86

Balance Sheet (Millions)

Assets 6/30/2009 3/31/2009 12/31/2008 9/30/2008
Cash & Short Term Investments 670.91 692.69 684.23 597.89
Receivables - Total 172.30 179.08 181.29 268.88
Inventories - Total 99.66 105.37 86.59 83.82
Total Current Assets 1,016.73 1,029.86 991.78 975.93
Net Property, Plant & Equipment 518.64 528.85 550.10 587.63
Total Assets 1,692.51 1,715.17 1,728.29 1,725.31
Liabilities        
Accounts Payable 163.80 219.69 161.59 245.21
Debt in Current Liabilities 222.35 0.18 29.88 32.11
Total Current Liabilities 386.15 219.87 262.59 277.32
Long-Term Debt 275.02 435.42 538.77 542.06
Total Liabilities 824.70 876.93 1,002.62 986.58
Stockholder's Equity        
Minority Interest NA NA NA NA
Preferred Stock NA NA NA NA
Common Stock 0.72 0.72 0.71 0.71
Retained Earnings 397.16 381.80 340.67 344.86
Treasury Stock -2.03 -2.02 NA NA
Total Stockholders' Equity 867.81 838.25 725.68 738.73
Total Liabilities and Stockholders' Equity 1,692.51 1,715.17 1,728.29 1,725.31

Cash Flow Summary (Millions)

Categories 6/30/2009 3/31/2009 12/31/2008 9/30/2008
Net Cash Provided by Operating Activities 13.83 43.75 122.24 156.37
Net Cash Provided by Investing Activities -27.79 -19.76 -23.49 19.71
Net Cash Provided by Financing Activities -11.36 -7.49 17.30 -22.44

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/20041,269.7220.02--
12/20051,627.3421.210.38
12/20061,910.66128.172.00
12/20071,877.5727.730.43
12/20082,554.12165.542.30
Growth Rates19.0969.58--

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional12/31/09356113,32594.24




Report Date : 3/1/2010

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