XML 57 R34.htm IDEA: XBRL DOCUMENT v3.6.0.2
Supplemental Quarterly Info (Unaudited)
12 Months Ended
Dec. 31, 2016
Quarterly Financial Information [Text Block]
Supplemental Quarterly Information (unaudited):
(Dollars in thousands, except per share data)
 
 
Three Months Ended
 
 
March 31,
 
June 30,
 
September 30,
 
December 31,
 
 
2016
 
2016
 
2016
 
2016
Sales (A)
 
$
478,864

 
$
235,251

 
$
688,590

 
$
390,398

Freight Revenue
 
$
13,110

 
$
11,447

 
$
9,392

 
$
12,519

Costs and Expenses (B)
 
$
329,071

 
$
369,392

 
$
361,551

 
$
415,224

Freight Expense
 
$
13,110

 
$
11,447

 
$
9,392

 
$
12,519

(Loss) Income from Continuing Operations
 
$
(43,291
)
 
$
(234,044
)
 
$
62,568

 
$
(321,198
)
(Loss) Income from Discontinued Operations
 
$
(53,167
)
 
$
(234,605
)
 
$
(34,975
)
 
$
19,564

Net (Loss) Income Attributable to CONSOL Energy Shareholders
 
$
(97,572
)
 
$
(469,828
)
 
$
25,345

 
$
(306,047
)
Earnings Per Share
 
 
 
 
 
 
 
 
Basic:
 
 
 
 
 
 
 
 
(Loss) Income from Continuing Operations
 
$
(0.19
)
 
$
(1.03
)
 
$
0.26

 
$
(1.42
)
(Loss) Income from Discontinued Operations
 
$
(0.24
)
 
$
(1.02
)
 
$
(0.15
)
 
$
0.09

Net (Loss) Income
 
$
(0.43
)
 
$
(2.05
)
 
$
0.11

 
$
(1.33
)
Dilutive:
 
 
 
 
 
 
 
 
(Loss) Income from Continuing Operations
 
$
(0.19
)
 
$
(1.03
)
 
$
0.26

 
$
(1.42
)
(Loss) Income from Discontinued Operations
 
$
(0.24
)
 
$
(1.02
)
 
$
(0.15
)
 
$
0.09

Net (Loss) Income
 
$
(0.43
)
 
$
(2.05
)
 
$
0.11

 
$
(1.33
)


 
 
Three Months Ended
 
 
March 31,
 
June 30,
 
September 30,
 
December 31,
 
 
2015
 
2015
 
2015
 
2015
Sales (A)
 
$
715,740

 
$
503,825

 
$
631,979

 
$
602,772

Freight Revenue
 
$
5,018

 
$
2,750

 
$
2,436

 
$
10,295

Costs and Expenses (B)
 
$
399,281

 
$
351,200

 
$
267,826

 
$
243,267

Freight Expense
 
$
5,018

 
$
2,750

 
$
2,436

 
$
10,295

Income (Loss) from Continuing Operations (C)
 
$
52,964

 
$
(577,884
)
 
$
129,312

 
$
45,342

Income (Loss) from Discontinued Operations
 
$
26,067

 
$
(25,417
)
 
$
(3,842
)
 
$
(11,017
)
Net Income (Loss) Attributable to CONSOL Energy Shareholders
 
$
79,031

 
$
(603,301
)
 
$
118,980

 
$
30,405

Earnings Per Share
 
 
 
 
 
 
 
 
Basic:
 
 
 
 
 
 
 
 
Income (Loss) from Continuing Operations
 
$
0.23

 
$
(2.52
)
 
$
0.54

 
$
0.18

Income (Loss) from Discontinued Operations
 
$
0.11

 
$
(0.12
)
 
$
(0.02
)
 
$
(0.05
)
Net Income (Loss)
 
$
0.34

 
$
(2.64
)
 
$
0.52

 
$
0.13

Dilutive:
 
 
 
 
 
 
 
 
Income (Loss) from Continuing Operations
 
$
0.23

 
$
(2.52
)
 
$
0.54

 
$
0.18

Income (Loss) from Discontinued Operations
 
$
0.11

 
$
(0.12
)
 
$
(0.02
)
 
$
(0.05
)
Net Income (Loss)
 
$
0.34

 
$
(2.64
)
 
$
0.52

 
$
0.13



(A) Includes natural gas, NGLs, and oil sales; gain (loss) on commodity derivative instruments; coal sales; other outside sales; and purchased gas sales.
(B) Includes exploration and production costs, coal costs and miscellaneous operating expense, excluding DD&A, other corporate expenses, selling, general and administrative, loss on debt extinguishment, interest expense and freight expense.
(C) Includes an impairment of $828,905 that was recorded during the three months ended June 30, 2015 related to CONSOL Energy's exploration and production properties. The impairment primarily related to the write down of the Company's shallow oil and gas asset values including impairments to unproved property. See Note 1 - Significant Accounting Policies in Item 8 of this Form 10-K for additional information.