XML 59 R36.htm IDEA: XBRL DOCUMENT v3.10.0.1
Supplemental Quarterly Info (Unaudited)
 12 Months Ended
Dec. 31, 2018
Quarterly Financial Information Disclosure [Abstract]  
Supplemental Quarterly Info (Unaudited) Supplemental Quarterly Information (unaudited):
(Dollars in thousands, except per share data)
 
 
Three Months Ended
 
 
March 31,
 
June 30,
 
September 30,
 
December 31,
 
 
2018
 
2018
 
2018
 
2018
Sales (A)
 
$
485,019

 
$
393,590

 
$
393,223

 
$
431,660

Costs and Expenses (B)
 
$
167,785

 
$
140,040

 
$
123,779

 
$
148,480

Income from Continuing Operations (C)
 
$
545,546

 
$
61,394

 
$
146,756

 
$
129,415

Income from Discontinued Operations
 
$
—

 
$
—

 
$
—

 
$
—

Net Income Attributable to CNX Resources Shareholders
 
$
527,563

 
$
42,014

 
$
125,029

 
$
101,927

Earnings Per Share
 
 
 
 
 
 
 
 
Basic:
 
 
 
 
 
 
 
 
Income from Continuing Operations
 
$
2.38

 
$
0.19

 
$
0.59

 
$
0.51

Income from Discontinued Operations
 
$
—

 
$
—

 
$
—

 
$
—

Total Basic Earnings Per Share
 
$
2.38

 
$
0.19

 
$
0.59

 
$
0.51

Diluted:
 
 
 
 
 
 
 
 
Income from Continuing Operations
 
$
2.35

 
$
0.19

 
$
0.59

 
$
0.50

Income from Discontinued Operations
 
$
—

 
$
—

 
$
—

 
$
—

Total Diluted Earnings Per Share
 
$
2.35

 
$
0.19

 
$
0.59

 
$
0.50



 
 
Three Months Ended
 
 
March 31,
 
June 30,
 
September 30,
 
December 31,
 
 
2017
 
2017
 
2017
 
2017
Sales (A)
 
$
304,279

 
$
354,410

 
$
267,009

 
$
460,251

Costs and Expenses (B)
 
$
162,150

 
$
166,296

 
$
171,608

 
$
214,050

(Loss) Income from Continuing Operations (C)
 
$
(91,007
)
 
$
121,807

 
$
(21,796
)
 
$
286,035

Income (Loss) from Discontinued Operations
 
$
52,041

 
$
47,703

 
$
(4,645
)
 
$
(9,391
)
Net (Loss) Income
 
$
(38,966
)
 
$
169,510

 
$
(26,441
)
 
$
276,644

Earnings Per Share
 
 
 
 
 
 
 
 
Basic:
 
 
 
 
 
 
 
 
(Loss) Income from Continuing Operations
 
$
(0.40
)
 
$
0.53

 
$
(0.09
)
 
$
1.27

Income (Loss) from Discontinued Operations
 
$
0.23

 
$
0.21

 
$
(0.02
)
 
$
(0.04
)
Total Basic (Loss) Earnings Per Share
 
$
(0.17
)
 
$
0.74

 
$
(0.11
)
 
$
1.23

Diluted:
 
 
 
 
 
 
 
 
(Loss) Income from Continuing Operations
 
$
(0.40
)
 
$
0.52

 
$
(0.09
)
 
$
1.26

Income (Loss) from Discontinued Operations
 
$
0.23

 
$
0.21

 
$
(0.02
)
 
$
(0.05
)
Total Diluted (Loss) Earnings Per Share
 
$
(0.17
)
 
$
0.73

 
$
(0.11
)
 
$
1.21



(A) Includes natural gas, NGLs, and oil revenue; (loss) gain on commodity derivative instruments; and purchased gas revenue.
(B) Includes exploration and production costs and other operating expense; excludes DD&A, selling, general and administrative, loss on debt extinguishment, interest expense and other expense.
(C) Includes an impairment of $18,650 that was recorded during the three months ended June 30, 2018 related to CNX's intangible assets and $137,865 that was recorded during the three months ended March 31, 2017 related to CNX's exploration and production properties. See Note 1 - Significant Accounting Policies in Item 8 of this Form 10-K for additional information.