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Earnings Per Share | 6 Months Ended
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Jun. 30, 2018
Organization, Consolidation and Presentation of Financial Statements [Abstract] |
Earnings Per Share | EARNINGS PER SHARE: Basic earnings per share are computed by dividing net income attributable to CNX shareholders by the weighted average shares outstanding during the reporting period. Dilutive earnings per share are computed similarly to basic earnings per share, except that the weighted average shares outstanding are increased to include additional shares from stock options, performance stock options, restricted stock units and performance share units, if dilutive. The number of additional shares is calculated by assuming that outstanding stock options and performance share options were exercised, that outstanding restricted stock units and performance share units were released, and that the proceeds from such activities were used to acquire shares of common stock at the average market price during the reporting period. CNX Midstream Partners LP's (CNXM) dilutive units did not have a material impact on the Company's earnings per share calculations for the period from January 3, 2018 through June 30, 2018. The table below sets forth the share-based awards that have been excluded from the computation of diluted earnings per share because their effect would be antidilutive:
| For the Three Months Ended June 30, |  | For the Six Months Ended June 30,
| 2018 |  | 2017 |  | 2018 |  | 2017
Antidilutive Options | 2,300,785 |  |  | 2,360,197 |  |  | 2,300,785 |  |  | 2,360,197 |
Antidilutive Restricted Stock Units | — |  |  | 194,071 |  |  | 7,828 |  |  | 190,658 |
Antidilutive Performance Share Units | — |  |  | 1,284,924 |  |  | 178,189 |  |  | 1,284,924 |
Antidilutive Performance Stock Options | 927,268 |  |  | 802,804 |  |  | 927,268 |  |  | 802,804 |
| 3,228,053 |  |  | 4,641,996 |  |  | 3,414,070 |  |  | 4,638,583 |
The table below sets forth the share-based awards that have been exercised or released:
| For the Three Months Ended June 30, |  | For the Six Months Ended June 30,
| 2018 |  | 2017 |  | 2018 |  | 2017
Options | 73,583 |  |  | 28,838 |  |  | 227,301 |  |  | 90,462 |
Restricted Stock Units | 7,260 |  |  | 221 |  |  | 178,397 |  |  | 334,261 |
Performance Share Units | — |  |  | — |  |  | 357,597 |  |  | 560,936 |
| 80,843 |  |  | 29,059 |  |  | 763,295 |  |  | 985,659 |
The computations for basic and dilutive earnings per share are as follows:
| For the Three Months Ended June 30, |  | For the Six Months Ended June 30,
| 2018 |  | 2017 |  | 2018 |  | 2017
Income from Continuing Operations | $ | 61,394 |  |  | $ | 121,807 |  |  | $ | 606,940 |  |  | $ | 30,801 |
Less: Net Income Attributable to Non-Controlling Interest | 19,380 |  |  | — |  |  | 37,363 |  |  | — |
Net Income from Continuing Operations Attributable to CNX Resources Shareholders | $ | 42,014 |  |  | $ | 121,807 |  |  | $ | 569,577 |  |  | $ | 30,801 |
Income from Discontinued Operations | — |  |  | 47,703 |  |  | — |  |  | 99,743 |
Net Income Attributable to CNX Resources Shareholders | $ | 42,014 |  |  | $ | 169,510 |  |  | $ | 569,577 |  |  | $ | 130,544 |
Weighted-average shares of common stock outstanding | 215,991,490 |  |  | 230,058,422 |  |  | 218,944,422 |  |  | 229,938,462 |
Effect of dilutive shares | 2,938,470 |  |  | 2,139,974 |  |  | 2,701,442 |  |  | 2,286,571 |
Weighted-average diluted shares of common stock outstanding | 218,929,960 |  |  | 232,198,396 |  |  | 221,645,864 |  |  | 232,225,033 |
Earnings per Share: |  |  |  |  |  |  |
Basic (Continuing Operations) | $ | 0.19 |  |  | $ | 0.53 |  |  | $ | 2.60 |  |  | $ | 0.13 |
Basic (Discontinued Operations) | — |  |  | 0.21 |  |  | — |  |  | 0.44 |
Total Basic | $ | 0.19 |  |  | $ | 0.74 |  |  | $ | 2.60 |  |  | $ | 0.57 |
Dilutive (Continuing Operations) | $ | 0.19 |  |  | $ | 0.52 |  |  | $ | 2.57 |  |  | $ | 0.13 |
Dilutive (Discontinued Operations) | — |  |  | 0.21 |  |  | — |  |  | 0.43 |
Total Dilutive | $ | 0.19 |  |  | $ | 0.73 |  |  | $ | 2.57 |  |  | $ | 0.56 |

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