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Consolidated Statements Of Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Sales and other revenues $ 3,719,247 $ 2,847,270 $ 10,258,594 $ 7,580,632
Operating costs and expenses:        
Cost of products sold (exclusive of lower of cost or market inventory valuation adjustment) 2,888,530 2,341,837 8,283,127 6,215,155
Lower of cost or market inventory valuation adjustment (111,128) 312 (15,323) (194,282)
Costs of products sold, net 2,777,402 2,342,149 8,267,804 6,020,873
Operating expenses (exclusive of depreciation and amortization) 321,668 256,232 944,437 760,151
General and administrative expenses (exclusive of depreciation and amortization) 68,013 32,994 184,659 88,270
Depreciation and amortization 102,884 91,130 304,206 269,433
Goodwill and asset impairment 0 0 19,247 654,084
Total operating costs and expenses 3,269,967 2,722,505 9,720,353 7,792,811
Income (loss) from operations 449,280 124,765 538,241 (212,179)
Other income (expense):        
Income (loss) from equity method investments 5,072 3,767 10,965 10,155
Interest income 1,074 778 2,069 1,380
Interest expense (28,731) (19,550) (85,534) (45,888)
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 19,122 0 19,517 0
Other, net 286 107 23 300
Other income (expense) total (3,177) (14,898) (40,640) (42,771)
Income (loss) before income taxes 446,103 109,867 497,601 (254,950)
Income tax expense (benefit):        
Current 72,307 10,094 80,242 (32,272)
Deferred 86,079 12,102 93,351 38,731
Income tax expense (benefit) total 158,386 22,196 173,593 6,459
Net income (loss) 287,717 87,671 324,008 (261,409)
Less net income attributable to noncontrolling interest 15,703 13,174 39,695 52,209
Net income (loss) attributable to HollyFrontier stockholders $ 272,014 $ 74,497 $ 284,313 $ (313,618)
Earnings (loss) per share attributable to HollyFrontier stockholders:        
Basic $ 1.53 $ 0.42 $ 1.60 $ (1.78)
Diluted 1.53 0.42 1.60 (1.78)
Cash dividends declared per common share $ 0.33 $ 0.33 $ 0.99 $ 0.99
Average number of common shares outstanding:        
Basic 176,149 175,871 176,143 176,157
Diluted 176,530 175,993 176,616 176,157