XML 46 R35.htm IDEA: XBRL DOCUMENT
v3.7.0.1

Stock-based Compensation Plans (Tables) | 3 Months Ended
--- | ---
Mar. 31, 2017
Allocation of Stock-Based Compensation by Functional Category | The following table details the allocation of stock-based compensation to functional expense categories (in thousands):
|  | Three Months Ended March 31, |  |  |
| 2017 |  |  |  | 2016 |  |  |
Direct operating expense | $ | 524 |  |  | $ | 588 |  |  |
Brokered natural gas and marketing expense |  | 263 |  |  |  | 516 |  |  |
Exploration expense |  | 507 |  |  |  | 690 |  |  |
General and administrative expense |  | 10,918 |  |  |  | 11,113 |  |  |
Termination costs |  | 1,742 |  |  |  | — |  |  |
Total stock-based compensation | $ | 13,954 |  |  | $ | 12,907 |  |  |
Schedule of Share Based Payment Award Performance Stock Awards Valuation Assumptions | The following assumptions were used to estimate the fair value of TSR’s granted during first quarter 2017 and 2016:
|  | Three Months Ended March 31, |
| 2017 |  |  |  | 2016 |
Risk-free interest rate |  | 1.52 | % |  |  | 0.85 | %
Expected annual volatility |  | 44.6 | % |  |  | 51.7 | %
Weighted average grant date fair value per unit | $ | 28.31 |  |  | $ | 30.47 |
Restricted Stock and Restricted Stock Units Outstanding | The following is a summary of the status of our non-vested restricted stock outstanding at March 31, 2017:
|  | Equity Awards |  |  | Liability Awards |
|  | Shares |  |  | Weighted Average Grant Date Fair Value |  |  | Shares |  |  | Weighted Average Grant Date Fair Value |
Outstanding at December 31, 2016 |  |  | 765,971 |  |  | $ | 33.62 |  |  |  | 425,018 |  |  | $ | 43.48 |
Granted |  |  | 870,326 |  |  |  | 32.98 |  |  |  | 66,078 |  |  |  | 32.67 |
Vested |  |  | (162,647 | ) |  |  | 36.88 |  |  |  | (67,973 | ) |  |  | 50.56 |
Forfeited |  |  | (52,069 | ) |  |  | 33.74 |  |  |  | — |  |  |  | — |
Outstanding at March 31, 2017 |  |  | 1,421,581 |  |  | $ | 32.85 |  |  |  | 423,123 |  |  | $ | 40.65 |
Stock Option and SARs Activities | Information with respect to SARs activity is summarized below:
|  | Shares |  |  | Weighted Average Exercise Price |
Outstanding at December 31, 2016 |  |  | 1,003,600 |  |  | $ | 69.08 |
Exercised |  |  | — |  |  |  | — |
Expired/forfeited |  |  | (95,877 | ) |  |  | 62.91 |
Outstanding at March 31, 2017 |  |  | 907,723 |  |  | $ | 69.70 |
Market-based TSR |
Summary of Non-Vested Awards Activities | The following is a summary of our non-vested TSR awards outstanding at March 31, 2017:
|  | Number of Units |  |  | Weighted Average Grant Date Fair Value |
Outstanding at December 31, 2016 |  |  | 395,908 |  |  | $ | 44.39 |
Units granted (a) |  |  | 83,247 |  |  |  | 28.31 |
Units vested |  |  | (61,943 | ) |  |  | 51.20 |
Units forfeited |  |  | (3,679 | ) |  |  | 44.21 |
Outstanding at March 31, 2017 |  |  | 413,533 |  |  | $ | 40.14 |
(a) Amounts granted reflect the number of performance units granted; however, the actual payout of shares will be between zero and 150% of the performance units granted depending on the total shareholder return ranking compared to the peer companies at the end of the three-year performance period.
Performance-based PGPS/RGPS |
Summary of Non-Vested Awards Activities | The following is a summary of our non-vested PGPS/RGPS awards outstanding at March 31, 2017:
| Number of Units |  |  |  | Weighted Average Grant Date Fair Value of Range Stock |
Outstanding at December 31, 2016 |  | — |  |  |  | — |
Units granted (a) |  | 28,851 |  |  | $ | 27.23 |
Units vested |  | (1,079 | ) |  |  | 27.23 |
Outstanding at March 31, 2017 |  | 27,772 |  |  | $ | 27.23 |
(a) Amounts granted reflect the number of performance units granted; however, the actual payout of shares will be between zero and 150% depending on achievement of specifically identified performance targets.

X
- Definition Tabular disclosure of key assumptions used to estimate the performance share awards. + References No definition available. + Details
Name: | rrc_ScheduleOfShareBasedPaymentAwardPerformanceStockAwardsValuationAssumptionsTableTextBlock
Namespace Prefix: | rrc_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the allocation of equity-based compensation costs to a given line item on the balance sheet and income statement for the period. This may include the reporting line for the costs and the amount capitalized and expensed. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(1) -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5047-113901 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SAB Topic 14.F) -URI http://asc.fasb.org/extlink&oid=27013229&loc=d3e301413-122809 + Details
Name: | us-gaap_ScheduleOfEmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the changes in outstanding nonvested performance-based units. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(2) -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901 + Details
Name: | us-gaap_ScheduleOfNonvestedPerformanceBasedUnitsActivityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the number and weighted-average exercise prices (or conversion ratios) for stock options and stock appreciation rights that were outstanding at the beginning and end of the year, exercisable at the end of the year, and the number of stock options and stock appreciation rights that were granted, exercised or converted, forfeited, and expired during the year. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(1) -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901 + Details
Name: | us-gaap_ScheduleOfShareBasedCompensationStockOptionsAndStockAppreciationRightsAwardActivityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Disclosure of the number and weighted-average grant date fair value for restricted stock and restricted stock units that were outstanding at the beginning and end of the year, and the number of restricted stock and restricted stock units that were granted, vested, or forfeited during the year. + References No definition available. + Details
Name: | us-gaap_ScheduleOfSharebasedCompensationRestrictedStockAndRestrictedStockUnitsActivityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | us-gaap_AwardTypeAxis=rrc_MarketBasedTSRMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_AwardTypeAxis=us-gaap_PerformanceSharesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |