Risk Factors Update Summary
- Pension obligations decreased from $110 million to $101 million, impacting liquidity and operations.
- Coal sales to the 10 largest customers decreased from 70% to 74% of total revenues.
- The company's surety bonds with third parties increased from $165 million to $177 million.
- The company derived 81% of coal revenues from sales to customers, down from 74%.
- The company increased its share repurchase program authorization from $1.2 billion to $1.5 billion.
- The company's indebtedness decreased from $11 million to $10 million, affecting financial risks.
- The New ABL Facility maturity date was extended to October 27, 2027, providing financial flexibility.
Full Text Changes in Most Recent 10-K
Intended use: review the highlighted statements. These are additions to the risk factors disclosure in the most recent 10-K filing compared to the previous 10-K filing. Deleted and moved text is less important and is shown for context.
To view the full company filings, click on the following link to be taken to the SEC EDGAR database landing page for the company: https://www.sec.gov/edgar/browse/?CIK=1704715&owner=exclude
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