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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
REVENUES:        
Biomass-based diesel sales $ 393,758 $ 382,296 $ 981,239 $ 919,255
Biomass-based diesel government incentives 1,066 1,830 18,132 16,742
Total biodiesel sales 394,824 384,126 999,371 935,997
Services 32 132 165 219
Total revenues 394,856 384,258 999,536 936,216
COSTS OF GOODS SOLD:        
Biomass-based diesel 390,424 351,033 989,999 854,800
Biomass-based diesel—related parties 0 10,490 4,542 31,919
Services 27 20 111 67
Total cost of goods sold 390,451 361,543 994,652 886,786
GROSS PROFIT 4,405 22,715 4,884 49,430
SELLING, GENERAL AND ADMINISTRATIVE EXPENSES 18,468 13,897 51,268 37,961
RESEARCH AND DEVELOPMENT EXPENSE 3,527 2,810 11,778 7,900
INCOME (LOSS) FROM OPERATIONS (17,590) 6,008 (58,162) 3,569
OTHER INCOME (EXPENSE), NET:        
Change in fair value of contingent consideration (1,106) 1,059 722 1,443
Other income, net 4,896 124 7,240 556
Interest expense (2,921) (2,867) (8,592) (4,622)
Total other income (expenses) 869 (1,684) (630) (2,623)
INCOME (LOSS) BEFORE INCOME TAXES (16,721) 4,324 (58,792) 946
INCOME TAX BENEFIT 1,050 248 2,654 12,274
NET INCOME (LOSS) (15,671) 4,572 (56,138) 13,220
LESS—NET INCOME (LOSS) ATTRIBUTABLE TO NONCONTROLLING INTEREST 4 0 (355) 0
NET INCOME (LOSS) ATTRIBUTABLE TO THE COMPANY (15,675) 4,572 (55,783) 13,220
PLUS—GAIN ON REDEMPTION OF PREFERRED STOCK 0 0 0 378
LESS—EFFECT OF CHANGES TO PREFERRED STOCK 0 0 0 (40)
LESS—EFFECT OF PARTICIPATING SHARE-BASED AWARDS 0 (68) 0 (196)
NET INCOME (LOSS) ATTRIBUTABLE TO THE COMPANY’S COMMON STOCKHOLDERS $ (15,675) $ 4,504 $ (55,783) $ 13,362
NET INCOME (LOSS) PER SHARE ATTRIBUTABLE TO COMMON STOCKHOLDERS:        
BASIC (in dollars per share) $ (0.36) $ 0.11 $ (1.27) $ 0.33
DILUTED (in dollars per share) $ (0.36) $ 0.11 $ (1.27) $ 0.32
WEIGHTED AVERAGE SHARES USED TO COMPUTE NET INCOME (LOSS) PER SHARE ATTRIBUTABLE TO COMMON STOCKHOLDERS:        
BASIC (in shares) 43,844,005 42,374,768 43,979,266 40,216,467
DILUTED (in shares) 43,844,005 42,432,005 43,979,266 40,228,929