Company: CRK
Filing Date: 2025-02-21
Form Type: 10-K
Source: 0000950170-25-024783
Chunk: 29

Company: COMSTOCK RESOURCES INC
Filing Date: 2025-02-21
Form: 10-K
Item: Item 16
Chunk 29
---
 and other non-cash investing and financing activities were as follows: 

          Year Ended December 31,

          2024

          2023

          2022

          (In thousands)

          Cash payments for:

          Interest
           
          $
          190,016

          $
          161,009

          $
          166,275

          Income tax payments
           
          $
          37

          $
          29,783

          $
          16,524

          Non-cash investing activities include:

          Increase (decrease) in accrued capital expenditures
           
          $
          (1,383
          )
           
          $
          (18,562
          )
           
          $
          34,443

          Liabilities assumed in exchange for right-of-use lease assets
           
          $
          34,668

          $
          195,402

          $
          110,090

          Non-cash financing activities include:

          Conversion of preferred stock into common stock
           
          $
          —

          $
          —

          $
          175,000

         Recent Accounting PronouncementsIn November 2023, the FASB issued Accounting Standards Update ("ASU") 2023-07 "Segment Reporting–Improvements to Reportable Segment Disclosures". ASU 2023-07 requires additional disclosures about a public entity's reportable segments, including requiring all annual disclosures of reportable segment's profit or loss and assets during interim periods, identifying the title and position of an entity's CODM, disclosing significant expenses regularly provided to the CODM that are included in each reported measure of segment profit or loss, and disclosing additional measures of profit or loss used by the CODM in deciding how to allocate resources. The update is effective for public entities for fiscal years beginning after December 15, 2023, and interim and fiscal years beginning after December 15, 2024. ASU 2023-07 was implemented in this 2024 Annual Report. See the Segment Reporting note above for the impact on the Company's disclosures.In December 2023, the FASB issued ASU 2023-09 "Improvements to Income Tax Disclosures". ASU 2023-09 requires additional disclosures around effective tax rates and cash income taxes paid and is effective for public entities for annual periods beginning after December 15, 2024. ASU 2023-09 will not have an impact on the Company