Exhibit 12.1
For the Years Ended December 31, | ||||||||||||||||
2016 | 2015 | 2014 | 2013 | |||||||||||||
CONSOLIDATED STATEMENTS OF OPERATIONS: | (Dollars in thousands, except per unit data) | |||||||||||||||
Coal revenue | 266,395 | 322,261 | 404,247 | 339,334 | ||||||||||||
Freight revenue | 11,603 | 3,809 | 4,192 | 4,445 | ||||||||||||
Other revenues and income | 3,119 | 940 | 9,660 | 1,515 | ||||||||||||
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Total Revenue and Other Income | 281,117 | 327,010 | 418,099 | 345,294 | ||||||||||||
Operating and Other Costs | 183,001 | 193,960 | 239,863 | 209,776 | ||||||||||||
Depreciation, Depletion and Amortization | 41,994 | 44,136 | 43,337 | 32,291 | ||||||||||||
Freight Expense | 11,603 | 3,809 | 4,192 | 4,445 | ||||||||||||
Selling, General and Administrative Expenses | 9,949 | 10,931 | 17,149 | 15,778 | ||||||||||||
Interest Expense | 8,719 | 9,636 | 8,683 | 2,616 | ||||||||||||
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Total Costs | 255,266 | 262,472 | 313,224 | 264,906 | ||||||||||||
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Net Income | 25,851 | 64,538 | 104,875 | 80,388 | ||||||||||||
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Interest | 8,719 | 9,636 | 8,683 | 2,616 | ||||||||||||
Preferred Units Distribution | 1,851 | — | — | — | ||||||||||||
Imputed Interest on rental payments Rate | 3,183 | 3,770 | 4,268 | 4,620 | ||||||||||||
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Total Earnings | 39,604 | 77,944 | 117,826 | 87,624 | ||||||||||||
Interest | 8,719 | 9,636 | 8,683 | 2,616 | ||||||||||||
Preferred Unit Distribution | 1,851 | — | — | — | ||||||||||||
Imputed Interest on rental payments Rate | 3,183 | 3,770 | 4,268 | 4,620 | ||||||||||||
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Total Fixed Charges | 13,753 | 13,406 | 12,951 | 7,236 | ||||||||||||
Ratio of Earnings to Fixed Charges | 2.9 | 5.8 | 9.1 | 12.1 |