| Quarterly financial data |
| |
|
First
Quarter |
|
|
Second
Quarter |
|
|
Third
Quarter |
|
|
Fourth
Quarter |
|
| December 31, 2016: |
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Net
sales |
|
$ |
342,373 |
|
|
$ |
422,860 |
|
|
$ |
417,806 |
|
|
$ |
441,719 |
|
| Gross
profit |
|
$ |
1,069 |
|
|
$ |
17,704 |
|
|
$ |
6,364 |
|
|
$ |
26,695 |
|
| Income
(loss) from operations |
|
$ |
(7,248 |
) |
|
$ |
11,556 |
|
|
$ |
393 |
|
|
$ |
18,808 |
|
| Net
income (loss) attributed to Pacific Ethanol, Inc. |
|
$ |
(13,226 |
) |
|
$ |
5,086 |
|
|
$ |
(3,518 |
) |
|
$ |
13,077 |
|
| Preferred
stock dividends |
|
$ |
(315 |
) |
|
$ |
(315 |
) |
|
$ |
(319 |
) |
|
$ |
(320 |
) |
| Income
allocated to participating securities |
|
$ |
– |
|
|
$ |
(71 |
) |
|
$ |
– |
|
|
$ |
(189 |
) |
| Net
income (loss) available to common stockholders |
|
$ |
(13,541 |
) |
|
$ |
4,700 |
|
|
$ |
(3,837 |
) |
|
$ |
12,569 |
|
| Income (loss) per common share: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Basic |
|
$ |
(0.32 |
) |
|
$ |
0.11 |
|
|
$ |
(0.09 |
) |
|
$ |
0.30 |
|
| Diluted |
|
$ |
(0.32 |
) |
|
$ |
0.11 |
|
|
$ |
(0.09 |
) |
|
$ |
0.30 |
|
| |
|
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 |
) |
|