Annual report pursuant to Section 13 and 15(d)

SEGMENTS. (Tables)

v3.20.1
SEGMENTS. (Tables)
 12 Months Ended
Dec. 31, 2019
Segment Reporting [Abstract]  
Schedule of financial data for operating segments

    Years Ended December 31,  
Net Sales   2019     2018  
Production, recorded as gross:            
Ethanol/alcohol sales   $ 800,262     $ 859,815  
Co-product sales     268,996       296,686  
Intersegment sales     1,619       1,995  
Total production sales     1,070,877       1,158,496  
                 
Marketing and distribution:                
Ethanol/alcohol sales, gross   $ 353,792     $ 357,011  
Ethanol/alcohol sales, net     1,831       1,859  
Intersegment sales     7,901       8,773  
Total marketing and distribution sales     363,524       367,643  
                 
Intersegment eliminations     (9,520 )     (10,768 )
Net sales as reported   $ 1,424,881     $ 1,515,371  

 

Cost of goods sold:            
Production   $ 1,095,742     $ 1,197,507  
Marketing and distribution     349,906       343,991  
Intersegment eliminations     (10,829 )     (10,963 )
Cost of goods sold as reported   $ 1,434,819     $ 1,530,535  

 

Income (loss) before benefit for income taxes:            
Production   $ (93,367 )   $ (77,833 )
Marketing and distribution     7,442       18,191  
Corporate activities     (15,357 )     (8,856 )
    $ (101,282 )   $ (68,498 )
Depreciation:                
Production   $ 47,206     $ 40,099  
Corporate activities     703       750  
    $ 47,909     $ 40,849  

 

Interest expense:            
Production   $ 7,569     $ 7,116  
Marketing and distribution     3,053       1,388  
Corporate activities     9,584       8,628  
    $ 20,206     $ 17,132  

Schedule of assets by operating segments
    December 31,
2019		     December 31,
2018		  
Total assets:            
Production   $ 492,060     $ 532,790  
Marketing and distribution     106,863       112,984  
Corporate assets     13,572       14,117  
    $ 612,495     $ 659,891