XML 58 R39.htm IDEA: XBRL DOCUMENT
v3.24.0.1

Income Taxes (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2023
Income Tax Disclosure [Abstract] |
Schedule of Components of Income Tax Expense (Benefit) | Income tax expense (benefit) provided on earnings consisted of:
| For the Years Ended December 31,
| 2023 |  | 2022 |  | 2021
Current: |  |  |  |  |
U.S. Federal | $ | — |  |  | $ | — |  |  | $ | — |
U.S. State | 4,777 |  |  | 6,188 |  |  | 17 |
| 4,777 |  |  | 6,188 |  |  | 17 |
Deferred: |  |  |  |  |
U.S. Federal | 455,224 |  |  | (40,649) |  |  | (157,626) |
U.S. State | 42,208 |  |  | (35,409) |  |  | 19,739 |
| 497,432 |  |  | (76,058) |  |  | (137,887) |
Total Income Tax Expense (Benefit) | $ | 502,209 |  |  | $ | (69,870) |  |  | $ | (137,870) |
Schedule of Deferred Tax Assets and Liabilities | The components of the net deferred taxes are as follows:
| December 31,
| 2023 |  | 2022
Deferred Tax Assets: |  |  |
Net Operating Loss- Federal | $ | 160,405 |  |  | $ | 187,154 |
Section 174 Expenses | 92,414 |  |  | 26,397 |
Net Operating Loss - State | 76,259 |  |  | 82,189 |
Federal Tax Credits | 45,619 |  |  | 34,317 |
Interest Limitation | 36,451 |  |  | 14,618 |
Operating Lease Liabilities | 36,297 |  |  | 45,427 |
Gas Well Closing | 24,652 |  |  | 25,045 |
State Deferred Tax Adjustment | 15,983 |  |  | — |
Gas Derivatives | 14,466 |  |  | 461,952 |
Salary Retirement | 8,488 |  |  | 8,167 |
Equity Compensation | 5,419 |  |  | 4,474 |
Convertible Note Amortization | 3,628 |  |  | 5,080 |
Foreign Tax Credit | — |  |  | 7,738 |
Other | 6,089 |  |  | 8,396 |
Total Deferred Tax Assets | 526,170 |  |  | 910,954 |
Valuation Allowance | (39,264) |  |  | (84,609) |
Net Deferred Tax Assets | 486,906 |  |  | 826,345 |
Deferred Tax Liabilities: |  |  |
Property, Plant and Equipment | (1,177,773) |  |  | (850,095) |
Operating Lease Right-of-Use Assets | (35,321) |  |  | (44,238) |
Investment in Partnerships | (2,303) |  |  | (163,483) |
Advance Gas Royalties | (404) |  |  | (286) |
Other | (559) |  |  | (523) |
Total Deferred Tax Liabilities | (1,216,360) |  |  | (1,058,625) |
Net Deferred Tax Liability | $ | (729,454) |  |  | $ | (232,280) |
Schedule of Effective Income Tax Rate Reconciliation | The following is a reconciliation, stated as a percentage of pretax income, of the United States statutory federal income tax rate to CNX's effective tax rate:
| For the Years Ended December 31,
| 2023 |  | 2022 |  | 2021
| Amount |  | Percent |  | Amount |  | Percent |  | Amount |  | Percent
Statutory U.S. Federal Income Tax Rate | $ | 466,814 |  |  | 21.0 | % |  | $ | (44,509) |  |  | 21.0 | % |  | $ | (133,668) |  |  | 21.0 | %
Net Effect of State Income Taxes | 83,379 |  |  | 3.8 |  |  | (5,817) |  |  | 2.8 |  |  | (36,300) |  |  | 5.7 |
Uncertain Tax Positions | 17,673 |  |  | 0.8 |  |  | 14,440 |  |  | (6.8) |  |  | 35,914 |  |  | (5.6) |
Effect of Equity Compensation | 1,036 |  |  | — |  |  | 2,254 |  |  | (1.1) |  |  | 2,465 |  |  | (0.4) |
Effect of Change in Valuation Allowance | (37,607) |  |  | (1.7) |  |  | (35,427) |  |  | 16.7 |  |  | 28,704 |  |  | (4.5) |
Deferred Adjustments | (837) |  |  | — |  |  | 2,481 |  |  | (1.2) |  |  | (4,408) |  |  | 0.7 |
Effect of State Rate Changes | 297 |  |  | — |  |  | 10,025 |  |  | (4.7) |  |  | 22,458 |  |  | (3.5) |
Effect of Federal Tax Credits | (28,974) |  |  | (1.3) |  |  | (15,723) |  |  | 7.4 |  |  | (53,269) |  |  | 8.3 |
Other | 428 |  |  | — |  |  | 2,406 |  |  | (1.1) |  |  | 234 |  |  | — |
Income Tax Expense (Benefit) / Effective Rate | $ | 502,209 |  |  | 22.6 | % |  | $ | (69,870) |  |  | 33.0 | % |  | $ | (137,870) |  |  | 21.7 | %
Reconciliation of Unrecognized Tax Benefits | A reconciliation of the beginning and ending gross amounts of unrecognized tax benefits is as follows:
| For the Years Ended
| December 31,
| 2023 |  | 2022
Balance at Beginning of Period | $ | 82,245 |  |  | $ | 67,805 |
Increase in Unrecognized Tax Benefits Resulting from Tax Positions Taken During Current Period | 11,229 |  |  | — |
Increase in Unrecognized Tax Benefits Resulting from Tax Positions Taken During Prior Periods | 6,444 |  |  | 14,440 |
Balance at End of Period | $ | 99,918 |  |  | $ | 82,245 |

X
- References No definition available. + Details
Name: | us-gaap_IncomeTaxDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 740 -SubTopic 10 -Name Accounting Standards Codification -Paragraph 9 -Section 50 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482685/740-10-50-9 + Details
Name: | us-gaap_ScheduleOfComponentsOfIncomeTaxExpenseBenefitTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 740 -SubTopic 10 -Name Accounting Standards Codification -Paragraph 2 -Section 50 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482685/740-10-50-2 + Details
Name: | us-gaap_ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 740 -SubTopic 10 -Name Accounting Standards Codification -Paragraph 12 -Section 50 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482685/740-10-50-12 + Details
Name: | us-gaap_ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the change in unrecognized tax benefits. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Topic 740 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 217 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482663/740-10-55-217 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 740 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 15A -Publisher FASB -URI https://asc.fasb.org//1943274/2147482685/740-10-50-15A + Details
Name: | us-gaap_ScheduleOfUnrecognizedTaxBenefitsRollForwardTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration