| Quarterly financial data |
| |
|
First
Quarter |
|
|
Second
Quarter |
|
|
Third
Quarter |
|
|
Fourth
Quarter |
|
| December 31, 2015: |
|
|
|
|
|
|
|
|
|
|
|
|
| Net sales |
|
$ |
206,176 |
|
|
$ |
227,621 |
|
|
$ |
380,622 |
|
|
$ |
376,757 |
|
| Gross profit (loss) |
|
$ |
(987 |
) |
|
$ |
6,254 |
|
|
$ |
(7,380 |
) |
|
$ |
9,523 |
|
| Income (loss) from operations |
|
$ |
(5,892 |
) |
|
$ |
2,261 |
|
|
$ |
(14,826 |
) |
|
$ |
485 |
|
| Net income (loss) attributed to Pacific Ethanol,
Inc. |
|
$ |
(4,380 |
) |
|
$ |
1,010 |
|
|
$ |
(14,663 |
) |
|
$ |
(753 |
) |
| Preferred stock dividends |
|
$ |
(312 |
) |
|
$ |
(315 |
) |
|
$ |
(319 |
) |
|
$ |
(319 |
) |
| Income allocated to participating securities |
|
$ |
– |
|
|
$ |
(18 |
) |
|
$ |
– |
|
|
$ |
– |
|
| Net income (loss) available to common stockholders |
|
$ |
(4,692 |
) |
|
$ |
677 |
|
|
$ |
(14,982 |
) |
|
$ |
(1,072 |
) |
| Income (loss) per common share: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Basic |
|
$ |
(0.19 |
) |
|
$ |
0.03 |
|
|
$ |
(0.36 |
) |
|
$ |
(0.03 |
) |
| Diluted |
|
$ |
(0.19 |
) |
|
$ |
0.03 |
|
|
$ |
(0.36 |
) |
|
$ |
(0.03 |
) |
| |
|
First
Quarter |
|
|
Second
Quarter |
|
|
Third
Quarter |
|
|
Fourth
Quarter |
|
| December 31, 2014: |
|
|
|
|
|
|
|
|
|
|
|
|
| Net sales |
|
$ |
254,543 |
|
|
$ |
321,144 |
|
|
$ |
275,573 |
|
|
$ |
256,152 |
|
| Gross profit |
|
$ |
38,545 |
|
|
$ |
33,576 |
|
|
$ |
17,986 |
|
|
$ |
18,378 |
|
| Income from operations |
|
$ |
34,875 |
|
|
$ |
29,261 |
|
|
$ |
13,594 |
|
|
$ |
13,647 |
|
| Net income (loss) attributed to Pacific Ethanol,
Inc. |
|
$ |
(10,826 |
) |
|
$ |
15,572 |
|
|
$ |
4,025 |
|
|
$ |
12,518 |
|
| Preferred stock dividends |
|
$ |
(312 |
) |
|
$ |
(315 |
) |
|
$ |
(319 |
) |
|
$ |
(319 |
) |
| Income allocated to participating securities |
|
$ |
– |
|
|
$ |
(462 |
) |
|
$ |
(100 |
) |
|
$ |
(314 |
) |
| Net income (loss) available to common stockholders |
|
$ |
(11,138 |
) |
|
$ |
14,795 |
|
|
$ |
3,606 |
|
|
$ |
11,885 |
|
| Income (loss) per common share: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Basic |
|
$ |
(0.69 |
) |
|
$ |
0.74 |
|
|
$ |
0.16 |
|
|
$ |
0.49 |
|
| Diluted |
|
$ |
(0.69 |
) |
|
$ |
0.65 |
|
|
$ |
0.15 |
|
|
$ |
0.48 |
|
|