WLB Financials 07/21/2014 21:59:54
Westmoreland Coal Co.
Period Ending Dec 31, 2013 Dec 31, 2012 Dec 31, 2011 Dec 31, 2010
Total Revenue 674,686 600,437 501,713 506,057
Cost of Revenue 535,320 466,521 392,787 394,827
Gross Profit 139,366 133,916 108,926 111,230
Operating Expenses
Research and Development - - - -
Sales, General and Admin. 41,769 47,371 52,066 45,793
Non-Recurring Items 5,078 - - -
Other 67,231 57,145 45,594 44,690
Operating Income 25,362 28,872 10,626 20,521
Income From Continuing Operations
Add'l Income/Expense Items 1,740 (295) (18,798) (1,066)
Earnings Before Interest and Tax 27,028 29,105 (7,532) 19,681
Interest Expense 39,937 42,677 29,769 22,992
Earnings Before Tax (12,909) (13,572) (37,301) (3,311)
Income Tax (4,782) 90 (426) (141)
Minority Interest (3,430) (6,436) (3,775) (2,645)
Equity Earnings Unconsolidated Subsidiary - - - -
Net Income Cont. Operations (4,761) (9,212) (50,130) (525)
Non Recurring Events
Discontinued Operations - - - -
Extraordinary Items - - - -
Effect of Accounting Changes - - - -
Other Items - - - -
Net Income (4,697) (7,226) (33,100) (525)
Preferred Stock and Other Adjustments (1,360) (1,360) (1,360) (1,360)
Net Income Applicable to Common Shareholders (6,057) (8,586) (34,460) (1,885)
Westmoreland Coal Co.
Period Ending Dec 31, 2013 Dec 31, 2012 Dec 31, 2011 Dec 31, 2010
Total Revenue 674,686 600,437 501,713 506,057
Cost of Revenue 535,320 466,521 392,787 394,827
Gross Profit 139,366 133,916 108,926 111,230
Operating Expenses
Research and Development - - - -
Sales, General and Admin. 41,769 47,371 52,066 45,793
Non-Recurring Items 5,078 - - -
Other 67,231 57,145 45,594 44,690
Operating Income 25,362 28,872 10,626 20,521
Income From Continuing Operations
Add'l Income/Expense Items 1,740 (295) (18,798) (1,066)
Earnings Before Interest and Tax 27,028 29,105 (7,532) 19,681
Interest Expense 39,937 42,677 29,769 22,992
Earnings Before Tax (12,909) (13,572) (37,301) (3,311)
Income Tax (4,782) 90 (426) (141)
Minority Interest (3,430) (6,436) (3,775) (2,645)
Equity Earnings Unconsolidated Subsidiary - - - -
Net Income Cont. Operations (4,761) (9,212) (50,130) (525)
Non Recurring Events
Discontinued Operations - - - -
Extraordinary Items - - - -
Effect of Accounting Changes - - - -
Other Items - - - -
Net Income (4,697) (7,226) (33,100) (525)
Preferred Stock and Other Adjustments (1,360) (1,360) (1,360) (1,360)
Net Income Applicable to Common Shareholders (6,057) (8,586) (34,460) (1,885)
