Summary of Significant Accounting Policies (Tables)

3 Months Ended

Mar. 31, 2020

See the table below for reconciliation of "Cash, Cash Equivalents and Restricted Cash" in the Condensed Consolidated Statements of Cash Flows:



	March 31, 2020		March 31, 2019
Cash and cash equivalents	$	188,550	$	123,062
Restricted cash	3,000		3,000
Total cash, cash equivalents and restricted cash in the Condensed Statements of Cash Flows	$	191,550	$	126,062

Accounts Receivable

Past due accounts are generally written off against the allowance for doubtful accounts only after reasonable collection attempts have been exhausted.



	March 31, 2020		December 31, 2019
Trade accounts receivable from customers (net of allowance for doubtful accounts of $1,455 and $1,001, respectively)	$	169,219	$	185,156
BTC receivables from the government	585,305		672,627
Other trade receivables	—		1,139
Total	$	754,524	$	858,922

Activity Under Repurchase Agreements

The table below sets out the information regarding the activities under the 2019 Program during the three months ended March 31, 2020:



	Three months ended March 31, 2020
	Number of shares/ Principal amount in 000's		January 2019 Program
2036 Senior Convertible Notes Repurchases	$	11,008	$	25,949

Disaggregation of Revenue

The following table depicts the disaggregation of revenue according to product line and segment:



	Reportable Segments
Three months ended March 31, 2020	Biomass-based Diesel		Services		Corporate and other		Intersegment Revenues			Consolidated Total
Biomass-based diesel sales, net of BTC related amount due to customers of $0	$	306,552	$	—	$	—	$	(25,680	)	$	280,872
Petroleum diesel sales	—		—		44,336		—			44,336
LCFS credit sales	34,034		—		—		—			34,034
Separated RIN sales	15,520		—		—		—			15,520
Co-product sales	12,044		—		—		—			12,044
Raw material sales	10,954		—		—		—			10,954
Other biomass-based diesel revenue	8,638		—		—		—			8,638
Other revenues	—		19,533		—		(19,421		)	112
Total revenues from contracts with customers	$	387,742	$	19,533	$	44,336	$	(45,101	)	$	406,510
Biomass-based diesel government incentives	68,159		—		—		—			68,159
Total revenues	$	455,901	$	19,533	$	44,336	$	(45,101	)	$	474,669

Three months ended March 31, 2019	Biomass-based Diesel		Services		Corporate and other		Intersegment Revenues			Consolidated Total
Biomass-based diesel sales, net of BTC related amount due to customers of $0	$	315,729	$	—	$	—	$	(1,617	)	$	314,112
Petroleum diesel sales	—		—		83,903		—			83,903
LCFS credit sales	36,707		—		—		—			36,707
Separated RIN sales	22,463		—		—		—			22,463
Co-product sales	8,403		—		—		—			8,403
Raw material sales	4,103		—		—		—			4,103
Other biomass-based diesel revenue	7,978		—		—		—			7,978
Other revenues	—		19,583		—		(19,511		)	72
Total revenues from contracts with customers	$	395,383	$	19,583	$	83,903	$	(21,128	)	$	477,741
Biomass-based diesel government incentives	468		—		—		—			468
Total revenues	$	395,851	$	19,583	$	83,903	$	(21,128	)	$	478,209

Contract Balances

Significant changes to the contract liabilities during the three months ended March 31, 2020 and 2019 are as follows:



	January 1, 2020		Cash receipts (Payments)		Less: Impact on Revenue		Other		March 31, 2020
Deferred revenue	$	631	$	9,067	$	9,333	$	—	$	365
Payables to customers related to BTC	255,193		—		—		—		255,193
	$	255,824	$	9,067	$	9,333	$	—	$	255,558

	January 1, 2019		Cash receipts (Payments)		Less: Impact on Revenue		Other		March 31, 2019
Deferred revenue	$	300	$	28,658	$	15,643	$	—	$	13,315

The following table provides information about receivables and contract liabilities from contracts with customers:



	March 31, 2020			December 31, 2019
Trade accounts receivable from customers	$	169,219		$	185,156
Short-term contract liabilities (deferred revenue)	$	(365	)	$	(631	)
Short-term contract liabilities (accounts payable)	$	(255,193	)	$	(255,193	)