| Schedule of financial data for operating segments |
| |
|
Three Months Ended
June 30, |
|
|
Six Months Ended
June 30, |
|
| |
|
2020 |
|
|
2019 |
|
|
2020 |
|
|
2019 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Net
Sales |
|
|
|
|
|
|
|
|
|
|
|
|
| Production, recorded as gross: |
|
|
|
|
|
|
|
|
|
|
|
|
| Ethanol/alcohol sales |
|
$ |
105,321 |
|
|
$ |
194,394 |
|
|
$ |
289,989 |
|
|
$ |
373,783 |
|
| Co-product sales |
|
|
35,328 |
|
|
|
64,679 |
|
|
|
104,129 |
|
|
|
133,485 |
|
| Intersegment sales |
|
|
503 |
|
|
|
421 |
|
|
|
1,097 |
|
|
|
784 |
|
| Total production sales |
|
|
141,152 |
|
|
|
259,494 |
|
|
|
395,215 |
|
|
|
508,052 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Marketing and distribution: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Ethanol/alcohol sales, gross |
|
$ |
71,118 |
|
|
$ |
86,754 |
|
|
$ |
128,624 |
|
|
$ |
193,908 |
|
| Ethanol/alcohol sales, net |
|
|
307 |
|
|
|
474 |
|
|
|
736 |
|
|
|
928 |
|
| Intersegment sales |
|
|
893 |
|
|
|
1,942 |
|
|
|
2,785 |
|
|
|
3,760 |
|
| Total marketing and distribution sales |
|
|
72,318 |
|
|
|
89,170 |
|
|
|
132,145 |
|
|
|
198,596 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Intersegment eliminations |
|
|
(1,396 |
) |
|
|
(2,363 |
) |
|
|
(3,882 |
) |
|
|
(4,544 |
) |
| Net sales as reported |
|
$ |
212,074 |
|
|
$ |
346,301 |
|
|
$ |
523,478 |
|
|
$ |
702,104 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Cost of goods sold: |
|
|
|
|
|
|
|
|
|
|
|
|
| Production |
|
$ |
113,196 |
|
|
$ |
257,187 |
|
|
$ |
382,857 |
|
|
$ |
515,782 |
|
| Marketing and distribution |
|
|
69,092 |
|
|
|
87,741 |
|
|
|
126,211 |
|
|
|
189,569 |
|
| Intersegment eliminations |
|
|
(1,396 |
) |
|
|
(2,598 |
) |
|
|
(3,882 |
) |
|
|
(4,929 |
) |
| Cost of goods sold as reported |
|
$ |
180,892 |
|
|
$ |
342,330 |
|
|
$ |
505,186 |
|
|
$ |
700,422 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Income (loss) before benefit
for income taxes: |
|
|
|
|
|
|
|
|
|
|
|
|
| Production |
|
$ |
17,811 |
|
|
$ |
(7,117 |
) |
|
$ |
(7,219 |
) |
|
$ |
(24,683 |
) |
| Marketing and distribution |
|
|
1,664 |
|
|
|
(129 |
) |
|
|
2,605 |
|
|
|
5,989 |
|
| Corporate activities |
|
|
(4,621 |
) |
|
|
(1,044 |
) |
|
|
(7,688 |
) |
|
|
(3,757 |
) |
| |
|
$ |
14,854 |
|
|
$ |
(8,290 |
) |
|
$ |
(12,302 |
) |
|
$ |
(22,451 |
) |
| Depreciation and amortization: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Production |
|
$ |
9,034 |
|
|
$ |
10,199 |
|
|
$ |
18,540 |
|
|
$ |
23,557 |
|
| Corporate activities |
|
|
79 |
|
|
|
113 |
|
|
|
266 |
|
|
|
358 |
|
| |
|
$ |
9,113 |
|
|
$ |
10,312 |
|
|
$ |
18,806 |
|
|
$ |
23,915 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Interest expense: |
|
|
|
|
|
|
|
|
|
|
|
|
| Production |
|
$ |
1,623 |
|
|
$ |
2,048 |
|
|
$ |
3,739 |
|
|
$ |
3,755 |
|
| Marketing and distribution |
|
|
313 |
|
|
|
774 |
|
|
|
940 |
|
|
|
1,362 |
|
| Corporate activities |
|
|
2,711 |
|
|
|
2,293 |
|
|
|
5,275 |
|
|
|
4,734 |
|
| |
|
$ |
4,647 |
|
|
$ |
5,115 |
|
|
$ |
9,954 |
|
|
$ |
9,851 |
|
|