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SEC Filings

10-Q
ARCH COAL INC filed this Form 10-Q on 10/31/2017
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Arch Coal, Inc. and Subsidiaries
Condensed Consolidated Balance Sheets
(in thousands, except per share data)
 
September 30,
 
December 31,
 
2017
 
2016
 
(Unaudited)
 
 
Assets
 
 
 
Current assets
 

 
 

Cash and cash equivalents
$
298,337

 
$
305,372

Short term investments
154,629

 
88,072

Restricted cash

 
71,050

Trade accounts receivable
207,059

 
184,483

Other receivables
23,473

 
19,877

Inventories
122,436

 
113,462

Other current assets
63,685

 
96,306

Total current assets
869,619

 
878,622

Property, plant and equipment, net
980,801

 
1,053,603

Other assets
 

 
 

Equity investments
106,179

 
96,074

Other noncurrent assets
65,934

 
108,298

Total other assets
172,113

 
204,372

Total assets
$
2,022,533

 
$
2,136,597

Liabilities and Stockholders' Equity
 
 
 
Current Liabilities
 

 
 

Accounts payable
$
137,664

 
$
95,953

Accrued expenses and other current liabilities
164,939

 
205,240

Current maturities of debt
8,566

 
11,038

Total current liabilities
311,169

 
312,231

Long-term debt
312,604

 
351,841

Asset retirement obligations
334,479

 
337,227

Accrued pension benefits
17,884

 
38,884

Accrued postretirement benefits other than pension
104,733

 
101,445

Accrued workers’ compensation
192,262

 
184,568

Other noncurrent liabilities
76,923

 
63,824

Total liabilities
1,350,054

 
1,390,020

 
 
 
 
Stockholders' equity
 

 
 

Common stock, $0.01 par value, authorized 300,000 shares, issued 25,038 shares and 25,002 shares at September 30, 2017 and December 31, 2016, respectively
250

 
250

Paid-in capital
697,324

 
688,424

Retained earnings
173,676

 
33,449

Treasury stock, 2,919 shares at September 30, 2017, at cost
(217,728
)
 

Accumulated other comprehensive income
18,957

 
24,454

Total stockholders’ equity
672,479

 
746,577

Total liabilities and stockholders’ equity
$
2,022,533

 
$
2,136,597


The accompanying notes are an integral part of the condensed consolidated financial statements.

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