Segment Information (Tables)

12 Months Ended

Dec. 31, 2019

Segment Reporting [Abstract]

Schedule of Segment Reporting Information, by Segment

Summarized financial information concerning reportable segments consists of the following (in thousands):

For the year ended December 31, 2019	Refining		Logistics		Retail		Corporate, Eliminations, and Other (1)			Total
Revenues	$	5,167,942	$	199,226	$	458,889	$	(424,541	)	$	5,401,516
Cost of revenues (excluding depreciation)	4,783,747		112,124		332,302		(424,584		)	4,803,589
Operating expense (excluding depreciation)	234,582		11,010		67,307		—			312,899
Depreciation, depletion, and amortization	55,832		17,017		10,035		3,237			86,121
General and administrative expense (excluding depreciation)	—		—		—		46,223			46,223
Acquisition and integration costs	—		—		—		4,704			4,704
Operating income (loss)	$	93,781	$	59,075	$	49,245	$	(54,121	)	$	147,980
Interest expense and financing costs, net										(74,839		)
Debt extinguishment and commitment costs										(11,587		)
Other income, net										2,516
Change in value of common stock warrants										(3,199		)
Equity losses from Laramie Energy, LLC										(89,751		)
Loss before income taxes										(28,880		)
Income tax benefit										69,689
Net income										$	40,809
Total assets	$	1,907,318	$	494,209	$	232,150	$	66,883		$	2,700,560
Goodwill	77,927		55,232		62,760		—			195,919
Capital expenditures	34,492		40,730		6,869		1,829			83,920

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(1) Includes eliminations of intersegment revenues and cost of revenues of $424.5 million for the year ended December 31, 2019.

For the year ended December 31, 2018	Refining		Logistics		Retail		Corporate, Eliminations, and Other (1)			Total
Revenues	$	3,210,067	$	125,743	$	441,040	$	(366,122	)	$	3,410,728
Cost of revenues (excluding depreciation)	2,957,995		77,712		333,664		(366,255		)	3,003,116
Operating expense (excluding depreciation)	146,320		7,782		61,182		—			215,284
Depreciation, depletion, and amortization	32,483		6,860		8,962		4,337			52,642
General and administrative expense (excluding depreciation)	—		—		—		47,426			47,426
Acquisition and integration costs	—		—		—		10,319			10,319
Operating income (loss)	$	73,269	$	33,389	$	37,232	$	(61,949	)	$	81,941
Interest expense and financing costs, net										(39,768		)
Debt extinguishment and commitment costs										(4,224		)
Other income, net										1,046
Change in value of common stock warrants										1,801
Change in value of contingent consideration										(10,500		)
Equity earnings from Laramie Energy, LLC										9,464
Income before income taxes										39,760
Income tax expense										(333		)
Net income										$	39,427
Total assets	$	968,623	$	130,138	$	201,848	$	160,125		$	1,460,734
Goodwill	53,264		37,373		62,760		—			153,397
Capital expenditures	25,601		13,055		6,101		3,682			48,439

________________________________________________________

(1) Includes eliminations of intersegment revenues and cost of revenues of $365.5 million for the year ended December 31, 2018.

For the year ended December 31, 2017	Refining		Logistics		Retail		Corporate, Eliminations, and Other (1)			Total
Revenues	$	2,319,638	$	121,470	$	326,076	$	(324,118	)	$	2,443,066
Cost of revenues (excluding depreciation)	2,062,804		66,301		249,097		(323,575		)	2,054,627
Operating expense (excluding depreciation)	141,065		15,010		45,941		—			202,016
Depreciation, depletion, and amortization	29,753		6,166		6,338		3,732			45,989
General and administrative expense (excluding depreciation)	—		—		—		46,078			46,078
Acquisition and integration costs	—		—		—		395			395
Operating income (loss)	$	86,016	$	33,993	$	24,700	$	(50,748	)	$	93,961
Interest expense and financing costs, net										(31,632		)
Debt extinguishment and commitment costs										(8,633		)
Other income, net										911
Change in value of common stock warrants										(1,674		)
Equity earnings from Laramie Energy, LLC										18,369
Income before income taxes										71,302
Income tax benefit										1,319
Net income										$	72,621
Total assets	$	949,588	$	118,304	$	128,966	$	150,549		$	1,347,407
Goodwill	53,264		37,373		16,550		—			107,187
Capital expenditures	10,433		8,836		7,073		5,366			31,708

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(1)

Includes eliminations of intersegment revenues and cost of revenues of $325.2 million for the year ended December 31, 2017.