Quarterly report pursuant to Section 13 or 15(d)

9. EARNINGS PER SHARE (Tables)

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9. EARNINGS PER SHARE (Tables)
6 Months Ended
Jun. 30, 2014
Earnings Per Share [Abstract]  
Computation of basic and diluted earnings per share

 

    Three Months Ended June 30, 2014  
    Income Numerator     Shares Denominator     Per-Share Amount  
Net income attributed to Pacific Ethanol   $ 15,572                  
Less: Preferred stock dividends     (315 )                
Basic income per share:                        
Income available to common stockholders   $ 15,257       19,903     $ 0.77  
Add: Warrants           2,373          
Diluted income per share:                        
Income available to common stockholders   $ 15,257       22,276     $ 0.68  

 

    Three Months Ended June 30, 2013  
    Income Numerator     Shares Denominator     Per-Share Amount  
Net income attributed to Pacific Ethanol   $ 1,051                  
Less: Preferred stock dividends     (315 )                
Basic income per share:                        
Income available to common stockholders   $ 736       10,853     $ 0.07  
Add: Convertible debt     61       1,282          
Diluted income per share:                        
Income available to common stockholders   $ 797       12,135     $ 0.07  

 

    Six Months Ended June 30, 2014  
    Income Numerator     Shares Denominator     Per-Share Amount  
Net income attributed to Pacific Ethanol   $ 4,746                  
Less: Preferred stock dividends     (627 )                
Basic income per share:                        
Income available to common stockholders   $ 4,119       18,053     $ 0.23  
Add: Warrants           2,461          
Diluted income per share:                        
Income available to common stockholders   $ 4,119       20,514     $ 0.20  

 

    Six Months Ended June 30, 2013  
    Loss Numerator     Shares Denominator     Per-Share Amount  
Net loss attributed to Pacific Ethanol   $ (4,403 )                
Less: Preferred stock dividends     (627 )                
Basic and diluted loss per share:                        
Loss available to common stockholders   $ (5,030 )     10,462     $ (0.48 )