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Consolidated Statements Of Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Sales and other revenues $ 3,458,864 $ 2,714,638 $ 6,539,347 $ 4,733,362
Operating costs and expenses:        
Cost of products sold (exclusive of lower of cost or market inventory valuation adjustment) 2,753,440 2,248,155 5,394,597 3,873,318
Lower of cost or market inventory valuation adjustment 83,982 (138,473) 95,805 (194,594)
Costs of products sold, net 2,837,422 2,109,682 5,490,402 3,678,724
Operating expenses (exclusive of depreciation and amortization) 315,652 251,336 622,769 503,919
General and administrative expenses (exclusive of depreciation and amortization) 59,576 29,655 116,646 55,276
Depreciation and amortization 105,282 90,423 201,322 178,303
Goodwill and asset impairment 19,247 654,084 19,247 654,084
Total operating costs and expenses 3,337,179 3,135,180 6,450,386 5,070,306
Income (loss) from operations 121,685 (420,542) 88,961 (336,944)
Other income (expense):        
Income (loss) from equity method investments 4,053 3,623 5,893 6,388
Interest income 176 527 995 602
Interest expense (29,645) (14,251) (56,803) (26,338)
Loss on early extinguishment of debt 0 0 (12,225) (8,718)
Gain on foreign currency swap 0 0 24,545 0
Gain (loss) on foreign currency transactions 10,328 0 395 0
Other, net (528) 128 (263) 193
Other income (expense) total (15,616) (9,973) (37,463) (27,873)
Income (loss) before income taxes 106,069 (430,515) 51,498 (364,817)
Income tax expense (benefit):        
Current 32,251 (18,012) 7,935 (42,366)
Deferred (255) (20,033) 7,272 26,629
Income tax expense (benefit) total 31,996 (38,045) 15,207 (15,737)
Net income (loss) 74,073 (392,470) 36,291 (349,080)
Less net income attributable to noncontrolling interest 16,306 16,898 23,992 39,035
Net income (loss) attributable to HollyFrontier stockholders $ 57,767 $ (409,368) $ 12,299 $ (388,115)
Earnings (loss) per share attributable to HollyFrontier stockholders:        
Basic $ 0.33 $ (2.33) $ 0.07 $ (2.20)
Diluted 0.33 (2.33) 0.07 (2.20)
Cash dividends declared per common share $ 0.33 $ 0.33 $ 0.66 $ 0.66
Average number of common shares outstanding:        
Basic 176,147 175,865 176,141 176,301
Diluted 176,302 175,865 176,490 176,301