INCOME TAXES |
9 Months Ended |
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Sep. 30, 2021 | |
| Income Tax Disclosure [Abstract] | Ìý |
| INCOME TAXES |
NOTE 11 - INCOME TAXES
Our 2021 estimated annual effective tax rate before discrete items as of SeptemberÌý30, 2021 is 21%. The estimated annual effective tax rate mirrors the U.S. statutory rate of 21%, as the adjusting items, including percentage depletion in excess of cost depletion, net to zero. The 2020 estimated annual effective tax rate before discrete items as of SeptemberÌý30, 2020 was 36%. The decrease in the estimated annual effective tax rate before discrete items is driven by the change in income.
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- References No definition available.
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- Definition The entire disclosure for income taxes. Disclosures may include net deferred tax liability or asset recognized in an enterprise's statement of financial position, net change during the year in the total valuation allowance, approximate tax effect of each type of temporary difference and carryforward that gives rise to a significant portion of deferred tax liabilities and deferred tax assets, utilization of a tax carryback, and tax uncertainties information. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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