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CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Thousands, except Share data, unless otherwise specified |
3 Months Ended | 9 Months Ended | ||
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Sep. 30, 2014
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Sep. 30, 2013
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Sep. 30, 2014
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Sep. 30, 2013
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| Income Statement [Abstract] | ||||
| Net sales | $ 275,573 | $ 233,880 | $ 851,260 | $ 693,147 |
| Cost of goods sold | 257,587 | 230,357 | 761,153 | 681,813 |
| Gross profit | 17,986 | 3,523 | 90,107 | 11,334 |
| Selling, general and administrative expenses | 4,392 | 2,511 | 12,377 | 9,649 |
| Income from operations | 13,594 | 1,012 | 77,730 | 1,685 |
| Fair value adjustments and warrant inducements | (4,378) | 762 | (39,737) | 1,507 |
| Interest expense, net | (1,133) | (4,530) | (8,370) | (11,983) |
| Loss on extinguishments of debt | 0 | (2,573) | (2,363) | (1,795) |
| Other expense, net | (172) | (106) | (734) | (321) |
| Income (loss) before provision for income taxes | 7,911 | (5,435) | 26,526 | (10,907) |
| Provision for income taxes | 3,163 | 0 | 13,629 | 0 |
| Consolidated net income (loss) | 4,748 | (5,435) | 12,897 | (10,907) |
| Net (income) loss attributed to noncontrolling interest | (723) | 464 | (4,126) | 1,533 |
| Net income (loss) attributed to Pacific Ethanol, Inc.. | 4,025 | (4,971) | 8,771 | (9,374) |
| Preferred stock dividends | (319) | (319) | (946) | (946) |
| Income (loss) available to common stockholders | $ 3,706 | $ (5,290) | $ 7,825 | $ (10,320) |
| Net income (loss) per share, basic | $ 0.16 | $ (0.40) | $ 0.40 | $ (0.91) |
| Net income (loss) per share, diluted | $ 0.15 | $ (0.40) | $ 0.35 | $ (0.91) |
| Weighted-average shares outstanding, basic | 22,986,000 | 13,177,000 | 19,713,000 | 11,380,000 |
| Weighted-average shares outstanding, diluted | 24,307,000 | 13,177,000 | 22,073,000 | 11,380,000 |
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- Definition
Total costs related to goods produced and sold during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of paid and unpaid preferred stock dividends declared with the form of settlement in cash, stock and payment-in-kind (PIK). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of expense (income) related to adjustment to fair value of warrant liability. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Difference between the fair value of payments made and the carrying amount of debt which is extinguished prior to maturity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Aggregate revenue less cost of goods and services sold or operating expenses directly attributable to the revenue generation activity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of income (loss) from continuing operations attributable to the noncontrolling interest. Also defined as revenue less expenses and taxes from ongoing operations before extraordinary items but after deduction of those portions of income or loss from continuing operations that are allocable to noncontrolling interests. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
This element represents the income or loss from continuing operations attributable to the economic entity which may also be defined as revenue less expenses from ongoing operations, after income or loss from equity method investments, but before income taxes, extraordinary items, and noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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- Definition
Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of the cost of borrowed funds accounted for as interest expense. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Net income after adjustments for dividends on preferred stock (declared in the period) and/or cumulative preferred stock (accumulated for the period). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The net result for the period of deducting operating expenses from operating revenues. No definition available.
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- Definition
Amount of general expenses not normally included in Other Operating Costs and Expenses. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Total revenue from sale of goods and services rendered during the reporting period, in the normal course of business, reduced by sales returns and allowances, and sales discounts. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The aggregate total costs related to selling a firm's product and services, as well as all other general and administrative expenses. Direct selling expenses (for example, credit, warranty, and advertising) are expenses that can be directly linked to the sale of specific products. Indirect selling expenses are expenses that cannot be directly linked to the sale of specific products, for example telephone expenses, Internet, and postal charges. General and administrative expenses include salaries of non-sales personnel, rent, utilities, communication, etc. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The average number of shares or units issued and outstanding that are used in calculating diluted EPS or earnings per unit (EPU), determined based on the timing of issuance of shares or units in the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Number of [basic] shares or units, after adjustment for contingently issuable shares or units and other shares or units not deemed outstanding, determined by relating the portion of time within a reporting period that common shares or units have been outstanding to the total time in that period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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