Annual report pursuant to Section 13 and 15(d)

2. PACIFIC ETHANOL CENTRAL PLANTS (Tables)

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2. PACIFIC ETHANOL CENTRAL PLANTS (Tables)
 12 Months Ended
Dec. 31, 2016
PE Central [Member]  
Purchase price allocation
       
Cash and cash equivalents   $ 18,756  
Accounts receivable     10,430  
Inventory     29,483  
Other current assets     8,304  
Total current assets     66,973  
Property and equipment     312,781  
Net deferred tax assets     12,159  
Other assets     750  
Total assets acquired   $ 392,663  
         
Accounts payable and accrued liabilities   $ 27,780  
Long-term debt - revolvers     13,721  
Long-term debt - term debt     142,744  
Pension plan liabilities     8,518  
Other non-current liabilities     25,327  
Total liabilities   $ 218,090  
         
Net assets acquired   $ 174,573  
Pro forma allocation
    Years Ended December 31,  
    2015     2014  
             
Net sales – pro forma   $ 1,484,676     $ 1,695,440  
Cost of goods sold – pro forma   $ 1,469,512     $ 1,528,387  
Selling, general and administrative expenses – pro forma   $ 34,735     $ 47,796  
Net income (loss) – pro forma   $ (34,136 )   $ 12,596  
Diluted net income (loss) per share – pro forma   $ (0.81 )   $ 0.31  
Diluted weighted-average shares – pro forma     42,053       40,428  
Pacific Aurora [Member]  
Purchase price allocation
Cash and cash equivalents   $ 1,453  
Accounts receivable     16,804  
Inventory     3,837  
Other current assets     77  
Total current assets     22,171  
Property and equipment     115,759  
Other assets     1,387  
Total assets   $ 139,317  
         
Accounts payable and accrued liabilities   $ 20,152  
Other current liabilities     2,045  
Long-term debt outstanding, net     621  
Total liabilities   $ 22,818