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Consolidated Statements Of Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Operating costs and expenses:    
Cost of products sold (exclusive of lower of cost or market inventory valuation adjustment) $ 3,199,205 $ 3,347,125
Lower of cost or market inventory valuation adjustment (232,346) (103,838)
Costs of products sold, net 2,966,859 3,243,287
Operating expenses (exclusive of depreciation and amortization) 331,592 320,288
Selling, general and administrative expenses (exclusive of depreciation and amortization) 88,034 64,664
Depreciation and amortization 121,421 104,341
Total operating costs and expenses 3,507,906 3,732,580
Sales and other revenues 3,897,247 4,128,427
Income from operations 389,341 395,847
Other income (expense):    
Income before income taxes 363,991 373,899
Earnings of equity method investments 2,100 1,279
Interest income 6,375 2,590
Interest expense (36,647) (32,723)
Gain (loss) on foreign currency transactions 2,265 5,560
Other, net 557 1,346
Other income (expense) total (25,350) (21,948)
Income tax expense (benefit):    
Current 55,284 57,651
Deferred 32,221 27,386
Income tax expense (benefit) 87,505 85,037
Net income 276,486 288,862
Less net income attributable to noncontrolling interest 23,431 20,771
Net income attributable to HollyFrontier stockholders $ 253,055 $ 268,091
Earnings per share attributable to HollyFrontier stockholders:    
Basic $ 1.48 $ 1.51
Diluted $ 1.47 $ 1.50
Average number of common shares outstanding:    
Basic 170,851 176,617
Diluted 172,239 177,954