Annual report pursuant to Section 13 and 15(d)

1. ORGANIZATION AND SIGNIFICANT ACCOUNTING POLICIES (Tables)

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1. ORGANIZATION AND SIGNIFICANT ACCOUNTING POLICIES (Tables)
 12 Months Ended
Dec. 31, 2015
Organization And Significant Accounting Policies Tables  
Concentrations of Credit Risk Major Customers
    Years Ended December 31,  
    2015     2014     2013  
Customer A     15%       20%       23%  
Customer B     12%       20%       17%  
Customer C     12%       11%       6%  
Customer D     6%       8%       12%  
Purchases from external customers
    Years Ended December 31,  
    2015     2014     2013  
Supplier A     19%       26%       37%  
Supplier B     13%       12%       8%  
Supplier C     9%       15%       14%  
Inventory
    December 31,  
    2015     2014  
Finished goods   $ 31,153     $ 10,143  
LCFS credits     6,957       975  
Raw materials     9,891       2,695  
Work in progress     11,121       3,274  
Other     1,698       1,463  
Total   $ 60,820     $ 18,550  
Property and equipment useful lives
Buildings     40 years  
Facilities and plant equipment     10 – 25 years  
Other equipment, vehicles and furniture     5 – 10 years  
Schedule of Earnings Per Share, Diluted, by Common Class, Including Two Class Method

    Year Ended December 31, 2015  
    Loss
Numerator		     Shares Denominator     Per-Share Amount  
Net loss attributed to Pacific Ethanol   $ (18,786 )                
Less: Preferred stock dividends     (1,265 )                
Basic and Diluted loss per share:                        
Loss available to common stockholders   $ (20,051 )     33,173     $ (0.60 )

 

    Year Ended December 31, 2014  
    Income Numerator     Shares Denominator     Per-Share Amount  
Net income attributed to Pacific Ethanol   $ 21,289                  
Less: Preferred stock dividends     (1,265 )                
Less: Allocated to participating securities     (585 )                
Basic income per share:                        
Income available to common stockholders   $ 19,439       20,810     $ 0.93  
Add: Warrants     –       1,859          
Diluted income per share:                        
Income available to common stockholders   $ 19,439       22,669     $ 0.86  

 

    Year Ended December 31, 2013  
    Loss
Numerator		     Shares Denominator     Per-Share Amount  
Net loss attributed to Pacific Ethanol   $ (781 )                
Less: Preferred stock dividends     (1,265 )                
Basic and diluted loss per share:                        
Loss available to common stockholders   $ (2,046 )     12,264     $ (0.17 )