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Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Revenues $ 5,013,251 $ 3,855,773 $ 9,763,449 $ 6,655,958
Cost and expenses        
Cost of products and other 4,662,833 3,284,748 8,914,587 5,730,731
Operating expenses (excluding depreciation of $56,973, $47,333, $110,790 and $99,722 for the periods presented, respectively) 398,570 271,539 835,423 568,178
General and administrative expenses 34,920 38,091 75,399 71,360
Equity (income) loss in investee (3,820) 0 (7,419) 0
Loss on sale of assets 29 3,222 912 3,222
Depreciation and amortization expense 62,993 48,919 118,683 103,212
Total cost and expenses 5,155,525 3,646,519 9,937,585 6,476,703
Income (loss) from operations (142,274) 209,254 (174,136) 179,255
Other income (expenses)        
Change in fair value of catalyst leases 1,104 (1,748) (1,484) (4,633)
Gain (Loss) on Extinguishment of Debt (25,451) 0 (25,451) 0
Interest expense, net (32,857) (31,279) (63,513) (64,550)
Income (loss) before income taxes (199,478) 176,227 (264,584) 110,072
Income tax expense (benefit) 5,898 (5,277) 6,332 26,996
Net income (loss) (205,376) 181,504 (270,916) 83,076
Less: net income attributable to noncontrolling interests 267 90 380 393
Net income (loss) attributable to PBF Holding Company LLC $ (205,643) $ 181,414 $ (271,296) $ 82,683