v3.21.2
Consolidated Statements of Operations (unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Income Statement [Abstract]        
Net sales $ 298,110 $ 212,074 $ 516,844 $ 523,478
Cost of goods sold 282,877 180,892 487,774 505,186
Gross profit 15,233 31,182 29,070 18,292
Selling, general and administrative expenses 7,230 8,629 14,244 18,841
Asset impairments 1,900 3,100
Income (loss) from operations 6,103 22,553 11,726 (549)
Interest expense, net (1,045) (4,647) (2,930) (9,954)
Income from loan forgiveness 3,887 3,887
Fair value adjustments (1,314) (641)
Other income (expense), net (555) (1,738) 385 (1,158)
Income (loss) before benefit for income taxes 8,390 14,854 13,068 (12,302)
Benefit for income taxes
Consolidated net income (loss) 8,390 14,854 13,068 (12,302)
Net loss attributed to noncontrolling interests 110 2,166
Net income (loss) attributed to Alto Ingredients, Inc. 8,390 14,964 13,068 (10,136)
Preferred stock dividends (315) (315) (627) (630)
Net income (loss) available to common stockholders $ 8,075 $ 14,649 $ 12,441 $ (10,766)
Net income (loss) per share, basic (in Dollars per share) $ 0.11 $ 0.27 $ 0.18 $ (0.20)
Net income (loss) per share, diluted (in Dollars per share) $ 0.11 $ 0.27 $ 0.17 $ (0.20)
Weighted-average shares outstanding, basic (in Shares) 71,260 54,498 70,808 54,163
Weighted-average shares outstanding, diluted (in Shares) 71,929 54,498 71,961 54,163

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