v3.21.1
Condensed Consolidated Statements of Operations (unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
REVENUES:    
Revenues $ 539,744 $ 472,845
Total revenues 539,744 472,957
COSTS OF GOODS SOLD 465,942 367,396
GROSS PROFIT 73,802 105,561
SELLING, GENERAL AND ADMINISTRATIVE EXPENSES 31,177 27,485
IMPAIRMENT OF PROPERTY, PLANT AND EQUIPMENT 822 0
INCOME FROM OPERATIONS 41,803 78,076
OTHER INCOME (EXPENSE), NET:    
Gain (loss) on debt extinguishment (1,922) 1,172
Interest income 1,312 0
Other income (expense) 779 (304)
Interest expense (1,117) (2,946)
Total other income (expense), net (948) (2,078)
INCOME BEFORE INCOME TAXES 40,855 75,998
INCOME TAX EXPENSE (1,633) (1,331)
Net income 39,222 74,667
LESS—EFFECT OF PARTICIPATING SHARE-BASED AWARDS 639 1,509
NET INCOME AVAILABLE TO COMMON STOCKHOLDERS $ 38,583 $ 73,158
Basic net income per share available to common stockholders:    
Net income per share (in dollars per share) $ 0.95 $ 1.88
Diluted net income per share available to common stockholders:    
Net income per share (in dollars per share) $ 0.88 $ 1.67
Weighted-average shares used to compute basic net income per share available to common stockholders:    
Basic (in shares) 40,425,593 38,979,057
Weighted-average shares used to compute diluted net income per share available to common stockholders:    
Diluted (in shares) 43,661,568 43,692,155
Bio-based diesel    
REVENUES:    
Revenues $ 479,495 $ 406,398
Bio-based diesel government incentives    
REVENUES:    
Revenues 60,249 66,447
Other    
REVENUES:    
Total revenues $ 0 $ 112

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