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Acquisitions (Tables)
 6 Months Ended
Jun. 30, 2020
Business Combinations [Abstract]  
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed
A summary of the fair value of the assets acquired and liabilities assumed is as follows (in thousands):
Cash
$
16,146

Accounts receivable
34,954

Inventories
98,367

Prepaid and other assets
5,320

Property, plant, and equipment
412,766

Operating lease right-of-use assets
62,337

Goodwill (1)
42,522

Total assets (2)
672,412

Obligations under inventory financing agreements
(116,873
)
Accounts payable
(55,357
)
Current operating lease obligations
(21,571
)
Other current liabilities
(18,411
)
Long-term operating lease obligations
(40,766
)
Deferred tax liability
(92,103
)
Other non-current liabilities
(804
)
Total liabilities
(345,885
)
Total
$
326,527

______________________________________________
(1)
We allocated $24.7 million and $17.8 million of goodwill to our refining and logistics segments, respectively.
(2)
We allocated $403.9 million and $268.5 million of total assets to our refining and logistics segments, respectively.
Business Acquisition, Pro Forma Information The following unaudited pro forma financial information presents our consolidated revenues and net income (loss) as if the Washington Acquisition had been completed on January 1, 2018 (in thousands except per share information):
 
Six Months Ended June 30,
 
2019
Revenues
$
2,628,652

Net income
10,035

 
 
Income per share
 
Basic
$
0.20

Diluted
$
0.20