Company: NC
Filing Date: 2025-08-06
Form Type: 10-Q
Source: 0000789933-25-000041
Chunk: 9

Company: NACCO INDUSTRIES INC
Filing Date: 2025-08-06
Form: 10-Q
Item: Part I, Item 1
Chunk 9
---
Closed mine obligations503  471 976 926 (Gain) loss on equity securities(349)264 521 (777)  Gain on settlement of excess funding liability(3,590)— (3,590)— Other, net217 130 520 (84) (2,045) 1,138 510 322 Income before income tax (benefit) provision1,994  6,228 7,121 11,801 Income tax (benefit) provision(1,266) 256 (1,039)1,259 Net income$3,260  $5,972 $8,160 $10,542    Earnings per share:Basic earnings per share$0.44 $0.81 $1.10 $1.42 Diluted earnings per share$0.44 $0.81 $1.10 $1.42    Basic weighted average shares outstanding7,445  7,394 7,398 7,419 Diluted weighted average shares outstanding7,445  7,394 7,446 7,437 

See notes to Unaudited Condensed Consolidated Financial Statements. 

3

Table of Contents

NACCO INDUSTRIES, INC. AND SUBSIDIARIES 

UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME 

 THREE MONTHS ENDEDSIX MONTHS ENDED JUNE 30JUNE 30 2025 20242025 2024 (In thousands)Net income$3,260 $5,972 $8,160 $10,542 Reclassification of pension and postretirement adjustments into earnings, net of $34 and $65 tax benefit in the three and six months ended June 30, 2025, respectively, and net of $25 and $48 tax benefit in the three and six months ended June 30, 2024, respectively.108 77 217 153 Total other comprehensive income 108 77 217 153 Comprehensive income$3,368  $6,049 $8,377 $10,695 

See notes to Unaudited Condensed Consolidated Financial Statements. 

4

NACCO INDUSTRIES, INC. AND SUBSIDIARIES