Reconciliation of Non-GAAP measures Included in this presentation, we have disclosed certain non-GAAP measures as defined by Regulation G. The following reconciles these items to net income and cash flows as reported under GAAP. Adjusted EBITDA is defined as net income attributable to the Company before the effect of net interest expense, income taxes, depreciation, depletion and amortization, accretion on asset retirement obligations, amortization of sales contracts and non-operating expenses. Adjusted EBITDA may also be adjusted for items that may not reflect the trend of future results by excluding transactions that are not indicative of the Company's core operating performance. Adjusted EBITDA is not a measure of financial performance in accordance with generally accepted accounting principles, and items excluded from Adjusted EBITDA are significant in understanding and assessing our financial condition. Therefore, Adjusted EBITDA should not be considered in isolation, nor as an alternative to net income, income from operations, cash flows from operations or as a measure of our profitability, liquidity or performance under generally accepted accounting principles. The Company uses adjusted EBITDA to measure the operating performance of its segments and allocate resources to the segments. Furthermore, analogous measures are used by industry analysts and investors to evaluate our operating performance. Investors should be aware that our presentation of Adjusted EBITDA may not be comparable to similarly titled measures used by other companies. The table below shows how we calculate Adjusted EBITDA. Quarter Ended March 31, 2019 Year Ended December 31, 2018 Year Ended December 31, 2017 Period from October 2 through December 31, 2016 (In thousands) Net income 72,741 312,577 238,450 33,449 Income tax (benefit) provision 70 (52,476) (35,255) 1,156 Interest expense, net 2,289 13,689 24,256 10,754 Depreciation, depletion and amortization 25,273 119,563 122,464 32,605 Accretion on asset retirement obligations 5,137 27,970 30,209 7,633 Amortization of sales contracts, net 65 11,107 53,985 796 Gain on sale of Lone Mountain Processing, Inc. - - (21,297) - Net loss resulting from early retirement of debt and debt restructuring - 485 2,547 - Non-service related postretirement benefit costs 1,766 3,202 1,940 (32) Reorganization items, net (87) 1,661 2,398 759 Fresh start coal inventory fair value adjustment - - - 7,345 Adjusted EBITDA 107,254 437,778 419,697 94,465 EBITDA from idled or otherwise disposed operations (906) 2,492 3,253 1,596 Selling, general and administrative expenses 24,089 100,300 87,952 23,193 Other (12,201) 4,099 (6,398) (1,511) Reported segment Adjusted EBITDA from coal operations 118,236 544,669 504,504 117,743 Segment Adjusted EBITDA PRB MET Other Thermal Corporate and Other Consolidated (In Thousands) Quarter Ended March 31, 2019 20,583 91,534 6,119 (10,982) 107,254 Year Ended December 31, 2018 126,525 349,524 68,620 (106,891) 437,778 Year Ended December 31, 2017 158,882 243,616 102,006 (84,807) 419,697 October 2 through December 31, 2016 55,765 30,819 31,159 (23,278) 94,465 Since Emergence 361,755 715,493 207,904 (225,958) 1,059,194