Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2019

Accounting Policies [Abstract]

Schedule of Property, Plant and Equipment

Depreciation of plant and equipment is calculated using the straight-line method over the estimated useful lives or lease terms, generally as follows:

	Years
Buildings and improvements	10 to 45
Machinery and equipment	3 to 25
Leasehold improvements	Life of Lease

Property, plant and equipment consists of the following:

	December 31,
	2019		2018
Plant and Equipment	$	3,028,514	$	2,890,970
Coal Properties and Surface Lands	872,909		858,153
Airshafts	437,003		419,100
Mine Development	342,706		342,405
Advance Mining Royalties	327,048		327,543
Total Property, Plant and Equipment	5,008,180		4,838,171
Less: Accumulated Depreciation, Depletion and Amortization	2,916,015		2,731,643
Total Property, Plant and Equipment, Net	$	2,092,165	$	2,106,528

Schedule of Antidilutive Securities

The table below sets forth the share-based awards that have been excluded from the computation of the diluted earnings per share because their effect would be anti-dilutive:

	For the Years Ended
	December 31,
	2019	2018	2017
Anti-Dilutive Restricted Stock Units	175,752	620	1,469
Anti-Dilutive Performance Share Units	20,202	6,363	—
	195,954	6,983	1,469

Schedule of Basic and Dilutive Earnings Per Share

The computations for basic and dilutive earnings per share are as follows:

	For the Years Ended
Dollars in thousands, except per share data	December 31,
	2019		2018		2017
Numerator:
Net Income	$	93,558	$	178,785	$	82,569
Less: Net Income Attributable to Noncontrolling Interest	17,557		25,809		14,940
Net Income Attributable to CONSOL Energy Inc. Shareholders	$	76,001	$	152,976	$	67,629
Denominator:
Weighted-average shares of common stock outstanding	26,938,339		27,928,245		27,968,188
Effect of dilutive shares	132,769		491,517		206,046
Weighted-average diluted shares of common stock outstanding	27,071,108		28,419,762		28,174,234
Earnings per Share:
Basic	$	2.82	$	5.48	$	2.42
Dilutive	$	2.81	$	5.38	$	2.40

Schedule of Common Stock Outstanding

Shares of common stock outstanding were as follows:

	2019		2018		2017
Balance, Beginning of Year	27,437,844		27,973,281		—
Issuance Related to Separation and Distribution (1)	—		—		27,967,509
Retirement Related to Stock Repurchase (2)	(1,717,497	)	(708,245	)	—
Issuance Related to Stock-Based Compensation (3)	212,271		172,808		5,772
Balance, End of Year	25,932,618		27,437,844		27,973,281

(1) See Note 2 - Separation from the Company's Former Parent for additional information.

(2) See Note 5 - Stock, Unit and Debt Repurchases for additional information.

(3)

See Note 17 - Stock-Based Compensation for additional information.