Quarterly report pursuant to Section 13 or 15(d)

3. ACQUISITION OF AVENTINE (Tables)

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3. ACQUISITION OF AVENTINE (Tables)
6 Months Ended
Jun. 30, 2015
Business Combinations [Abstract]  
Acquisition purchase price consideration
Cash and equivalents   $ 18,800  
Accounts receivables     10,100  
Other current assets     30,800  
Total current assets     59,700  
Property and equipment     306,800  
Other assets     800  
Total assets acquired   $ 367,300  
         
Accounts payable, trade   $ 19,900  
Other current liabilities     9,800  
Total current liabilities     29,700  
Long-term debt - revolvers     13,700  
Long-term debt - term debt     145,600  
Other non-current liabilities     41,000  
Total liabilities assumed   $ 230,000  
         
Net assets acquired   $ 137,300  
Estimated goodwill   $ 37,300  
Total purchase price   $ 174,600  
Unaudited pro forma information on acquisition
    Three Months Ended June 30,     Six Months Ended June 30,  
    2015     2014     2015     2014  
                         
Revenues – pro forma   $ 390,224     $ 466,599     $ 727,337     $ 838,475  
Net income (loss) – pro forma   $ (9,428 )   $ 26,153     $ (28,768 )   $

5,022

 
Diluted net income (loss) per share – pro forma   $ (0.22 )   $ 0.65     $ (0.68 )   $ 0.13  
Diluted weighted-average shares – pro forma     42,596       40,035       42,348       38,273