XML 38 R53.htm IDEA: XBRL DOCUMENT v2.4.1.9
Segment Information (Detail) (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2015
segment
Mar. 31, 2014
Revenues $ 543,611us-gaap_Revenues $ 743,246us-gaap_Revenues
Cost of revenues 477,506us-gaap_CostOfRevenue 713,084us-gaap_CostOfRevenue
Operating expense, excluding depreciation, depletion and amortization expense 32,280us-gaap_OtherCostAndExpenseOperating 33,094us-gaap_OtherCostAndExpenseOperating
Lease operating expense 1,531us-gaap_LeaseOperatingExpense 1,024us-gaap_LeaseOperatingExpense
Depreciation, depletion and amortization 3,251us-gaap_DepreciationDepletionAndAmortization 3,061us-gaap_DepreciationDepletionAndAmortization
General and administrative expense 10,125us-gaap_GeneralAndAdministrativeExpense 4,934us-gaap_GeneralAndAdministrativeExpense
Acquisition and integration expense 1,061us-gaap_BusinessCombinationIntegrationRelatedCosts 2,851us-gaap_BusinessCombinationIntegrationRelatedCosts
Operating income (loss) 17,857us-gaap_OperatingIncomeLoss (14,802)us-gaap_OperatingIncomeLoss
Interest expense and financing costs, net (5,557)us-gaap_InterestIncomeExpenseNet (3,507)us-gaap_InterestIncomeExpenseNet
Other income (expense), net 4us-gaap_OtherNonoperatingIncomeExpense (45)us-gaap_OtherNonoperatingIncomeExpense
Change in value of common stock warrants (5,022)us-gaap_FairValueAdjustmentOfWarrants 1,577us-gaap_FairValueAdjustmentOfWarrants
Change in value of contingent consideration (4,929)us-gaap_BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1 2,465us-gaap_BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
Equity losses from Piceance Energy, LLC (1,826)us-gaap_IncomeLossFromEquityMethodInvestments (221)us-gaap_IncomeLossFromEquityMethodInvestments
Income (loss) before income taxes 527us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest (14,533)us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
Income tax expense (65)us-gaap_IncomeTaxExpenseBenefit (35)us-gaap_IncomeTaxExpenseBenefit
Net income (loss) 462us-gaap_NetIncomeLoss (14,568)us-gaap_NetIncomeLoss [1]
Capital expenditures 4,747parr_CapitalAdditionsfromAcquisitions 2,018parr_CapitalAdditionsfromAcquisitions
Reporting segments 3us-gaap_NumberOfReportableSegments  
Refining Distribution and Marketing [Member]    
Revenues 473,572us-gaap_Revenues
/ us-gaap_StatementBusinessSegmentsAxis
= parr_RefiningAndDistributionMember
670,043us-gaap_Revenues
/ us-gaap_StatementBusinessSegmentsAxis
= parr_RefiningAndDistributionMember
Cost of revenues 421,270us-gaap_CostOfRevenue
/ us-gaap_StatementBusinessSegmentsAxis
= parr_RefiningAndDistributionMember
650,916us-gaap_CostOfRevenue
/ us-gaap_StatementBusinessSegmentsAxis
= parr_RefiningAndDistributionMember
Operating expense, excluding depreciation, depletion and amortization expense 26,355us-gaap_OtherCostAndExpenseOperating
/ us-gaap_StatementBusinessSegmentsAxis
= parr_RefiningAndDistributionMember
27,171us-gaap_OtherCostAndExpenseOperating
/ us-gaap_StatementBusinessSegmentsAxis
= parr_RefiningAndDistributionMember
Lease operating expense 0us-gaap_LeaseOperatingExpense
/ us-gaap_StatementBusinessSegmentsAxis
= parr_RefiningAndDistributionMember
0us-gaap_LeaseOperatingExpense
/ us-gaap_StatementBusinessSegmentsAxis
= parr_RefiningAndDistributionMember
Depreciation, depletion and amortization 2,267us-gaap_DepreciationDepletionAndAmortization
/ us-gaap_StatementBusinessSegmentsAxis
= parr_RefiningAndDistributionMember
1,704us-gaap_DepreciationDepletionAndAmortization
/ us-gaap_StatementBusinessSegmentsAxis
= parr_RefiningAndDistributionMember
General and administrative expense 4,209us-gaap_GeneralAndAdministrativeExpense
/ us-gaap_StatementBusinessSegmentsAxis
= parr_RefiningAndDistributionMember
1,100us-gaap_GeneralAndAdministrativeExpense
/ us-gaap_StatementBusinessSegmentsAxis
= parr_RefiningAndDistributionMember
Acquisition and integration expense 0us-gaap_BusinessCombinationIntegrationRelatedCosts
/ us-gaap_StatementBusinessSegmentsAxis
= parr_RefiningAndDistributionMember
2,500us-gaap_BusinessCombinationIntegrationRelatedCosts
/ us-gaap_StatementBusinessSegmentsAxis
= parr_RefiningAndDistributionMember
Operating income (loss) 19,471us-gaap_OperatingIncomeLoss
/ us-gaap_StatementBusinessSegmentsAxis
= parr_RefiningAndDistributionMember
(13,348)us-gaap_OperatingIncomeLoss
/ us-gaap_StatementBusinessSegmentsAxis
= parr_RefiningAndDistributionMember
Capital expenditures 4,016parr_CapitalAdditionsfromAcquisitions
/ us-gaap_StatementBusinessSegmentsAxis
= parr_RefiningAndDistributionMember
1,839parr_CapitalAdditionsfromAcquisitions
/ us-gaap_StatementBusinessSegmentsAxis
= parr_RefiningAndDistributionMember
Retail Segment [Member]    
Revenues 46,719us-gaap_Revenues
/ us-gaap_StatementBusinessSegmentsAxis
= parr_RetailSegmentMember
51,831us-gaap_Revenues
/ us-gaap_StatementBusinessSegmentsAxis
= parr_RetailSegmentMember
Cost of revenues 33,430us-gaap_CostOfRevenue
/ us-gaap_StatementBusinessSegmentsAxis
= parr_RetailSegmentMember
43,968us-gaap_CostOfRevenue
/ us-gaap_StatementBusinessSegmentsAxis
= parr_RetailSegmentMember
Operating expense, excluding depreciation, depletion and amortization expense 5,925us-gaap_OtherCostAndExpenseOperating
/ us-gaap_StatementBusinessSegmentsAxis
= parr_RetailSegmentMember
5,923us-gaap_OtherCostAndExpenseOperating
/ us-gaap_StatementBusinessSegmentsAxis
= parr_RetailSegmentMember
Lease operating expense 0us-gaap_LeaseOperatingExpense
/ us-gaap_StatementBusinessSegmentsAxis
= parr_RetailSegmentMember
0us-gaap_LeaseOperatingExpense
/ us-gaap_StatementBusinessSegmentsAxis
= parr_RetailSegmentMember
Depreciation, depletion and amortization 593us-gaap_DepreciationDepletionAndAmortization
/ us-gaap_StatementBusinessSegmentsAxis
= parr_RetailSegmentMember
554us-gaap_DepreciationDepletionAndAmortization
/ us-gaap_StatementBusinessSegmentsAxis
= parr_RetailSegmentMember
General and administrative expense 826us-gaap_GeneralAndAdministrativeExpense
/ us-gaap_StatementBusinessSegmentsAxis
= parr_RetailSegmentMember
523us-gaap_GeneralAndAdministrativeExpense
/ us-gaap_StatementBusinessSegmentsAxis
= parr_RetailSegmentMember
Acquisition and integration expense 0us-gaap_BusinessCombinationIntegrationRelatedCosts
/ us-gaap_StatementBusinessSegmentsAxis
= parr_RetailSegmentMember
0us-gaap_BusinessCombinationIntegrationRelatedCosts
/ us-gaap_StatementBusinessSegmentsAxis
= parr_RetailSegmentMember
Operating income (loss) 5,945us-gaap_OperatingIncomeLoss
/ us-gaap_StatementBusinessSegmentsAxis
= parr_RetailSegmentMember
863us-gaap_OperatingIncomeLoss
/ us-gaap_StatementBusinessSegmentsAxis
= parr_RetailSegmentMember
Capital expenditures 398parr_CapitalAdditionsfromAcquisitions
/ us-gaap_StatementBusinessSegmentsAxis
= parr_RetailSegmentMember
0parr_CapitalAdditionsfromAcquisitions
/ us-gaap_StatementBusinessSegmentsAxis
= parr_RetailSegmentMember
Natural Gas and Oil Operations [Member]    
Revenues 476us-gaap_Revenues
/ us-gaap_StatementBusinessSegmentsAxis
= parr_NaturalGasAndOilOperationsMember
1,577us-gaap_Revenues
/ us-gaap_StatementBusinessSegmentsAxis
= parr_NaturalGasAndOilOperationsMember
Cost of revenues 0us-gaap_CostOfRevenue
/ us-gaap_StatementBusinessSegmentsAxis
= parr_NaturalGasAndOilOperationsMember
35us-gaap_CostOfRevenue
/ us-gaap_StatementBusinessSegmentsAxis
= parr_NaturalGasAndOilOperationsMember
Operating expense, excluding depreciation, depletion and amortization expense 0us-gaap_OtherCostAndExpenseOperating
/ us-gaap_StatementBusinessSegmentsAxis
= parr_NaturalGasAndOilOperationsMember
0us-gaap_OtherCostAndExpenseOperating
/ us-gaap_StatementBusinessSegmentsAxis
= parr_NaturalGasAndOilOperationsMember
Lease operating expense 1,531us-gaap_LeaseOperatingExpense
/ us-gaap_StatementBusinessSegmentsAxis
= parr_NaturalGasAndOilOperationsMember
1,024us-gaap_LeaseOperatingExpense
/ us-gaap_StatementBusinessSegmentsAxis
= parr_NaturalGasAndOilOperationsMember
Depreciation, depletion and amortization 14us-gaap_DepreciationDepletionAndAmortization
/ us-gaap_StatementBusinessSegmentsAxis
= parr_NaturalGasAndOilOperationsMember
270us-gaap_DepreciationDepletionAndAmortization
/ us-gaap_StatementBusinessSegmentsAxis
= parr_NaturalGasAndOilOperationsMember
General and administrative expense 0us-gaap_GeneralAndAdministrativeExpense
/ us-gaap_StatementBusinessSegmentsAxis
= parr_NaturalGasAndOilOperationsMember
150us-gaap_GeneralAndAdministrativeExpense
/ us-gaap_StatementBusinessSegmentsAxis
= parr_NaturalGasAndOilOperationsMember
Acquisition and integration expense 0us-gaap_BusinessCombinationIntegrationRelatedCosts
/ us-gaap_StatementBusinessSegmentsAxis
= parr_NaturalGasAndOilOperationsMember
0us-gaap_BusinessCombinationIntegrationRelatedCosts
/ us-gaap_StatementBusinessSegmentsAxis
= parr_NaturalGasAndOilOperationsMember
Operating income (loss) (1,069)us-gaap_OperatingIncomeLoss
/ us-gaap_StatementBusinessSegmentsAxis
= parr_NaturalGasAndOilOperationsMember
98us-gaap_OperatingIncomeLoss
/ us-gaap_StatementBusinessSegmentsAxis
= parr_NaturalGasAndOilOperationsMember
Capital expenditures 0parr_CapitalAdditionsfromAcquisitions
/ us-gaap_StatementBusinessSegmentsAxis
= parr_NaturalGasAndOilOperationsMember
72parr_CapitalAdditionsfromAcquisitions
/ us-gaap_StatementBusinessSegmentsAxis
= parr_NaturalGasAndOilOperationsMember
Commodity Marketing And Logistics [Member]    
Revenues 22,844us-gaap_Revenues
/ us-gaap_StatementBusinessSegmentsAxis
= parr_CommodityMarketingAndLogisticsMember
19,795us-gaap_Revenues
/ us-gaap_StatementBusinessSegmentsAxis
= parr_CommodityMarketingAndLogisticsMember
Cost of revenues 22,806us-gaap_CostOfRevenue
/ us-gaap_StatementBusinessSegmentsAxis
= parr_CommodityMarketingAndLogisticsMember
18,165us-gaap_CostOfRevenue
/ us-gaap_StatementBusinessSegmentsAxis
= parr_CommodityMarketingAndLogisticsMember
Operating expense, excluding depreciation, depletion and amortization expense 0us-gaap_OtherCostAndExpenseOperating
/ us-gaap_StatementBusinessSegmentsAxis
= parr_CommodityMarketingAndLogisticsMember
0us-gaap_OtherCostAndExpenseOperating
/ us-gaap_StatementBusinessSegmentsAxis
= parr_CommodityMarketingAndLogisticsMember
Lease operating expense 0us-gaap_LeaseOperatingExpense
/ us-gaap_StatementBusinessSegmentsAxis
= parr_CommodityMarketingAndLogisticsMember
0us-gaap_LeaseOperatingExpense
/ us-gaap_StatementBusinessSegmentsAxis
= parr_CommodityMarketingAndLogisticsMember
Depreciation, depletion and amortization 229us-gaap_DepreciationDepletionAndAmortization
/ us-gaap_StatementBusinessSegmentsAxis
= parr_CommodityMarketingAndLogisticsMember
506us-gaap_DepreciationDepletionAndAmortization
/ us-gaap_StatementBusinessSegmentsAxis
= parr_CommodityMarketingAndLogisticsMember
General and administrative expense 1,232us-gaap_GeneralAndAdministrativeExpense
/ us-gaap_StatementBusinessSegmentsAxis
= parr_CommodityMarketingAndLogisticsMember
1,090us-gaap_GeneralAndAdministrativeExpense
/ us-gaap_StatementBusinessSegmentsAxis
= parr_CommodityMarketingAndLogisticsMember
Acquisition and integration expense 0us-gaap_BusinessCombinationIntegrationRelatedCosts
/ us-gaap_StatementBusinessSegmentsAxis
= parr_CommodityMarketingAndLogisticsMember
0us-gaap_BusinessCombinationIntegrationRelatedCosts
/ us-gaap_StatementBusinessSegmentsAxis
= parr_CommodityMarketingAndLogisticsMember
Operating income (loss) (1,423)us-gaap_OperatingIncomeLoss
/ us-gaap_StatementBusinessSegmentsAxis
= parr_CommodityMarketingAndLogisticsMember
34us-gaap_OperatingIncomeLoss
/ us-gaap_StatementBusinessSegmentsAxis
= parr_CommodityMarketingAndLogisticsMember
Capital expenditures 0parr_CapitalAdditionsfromAcquisitions
/ us-gaap_StatementBusinessSegmentsAxis
= parr_CommodityMarketingAndLogisticsMember
107parr_CapitalAdditionsfromAcquisitions
/ us-gaap_StatementBusinessSegmentsAxis
= parr_CommodityMarketingAndLogisticsMember
Corporate and Other [Member]    
Revenues 0us-gaap_Revenues
/ us-gaap_StatementBusinessSegmentsAxis
= us-gaap_CorporateAndOtherMember
0us-gaap_Revenues
/ us-gaap_StatementBusinessSegmentsAxis
= us-gaap_CorporateAndOtherMember
Cost of revenues 0us-gaap_CostOfRevenue
/ us-gaap_StatementBusinessSegmentsAxis
= us-gaap_CorporateAndOtherMember
0us-gaap_CostOfRevenue
/ us-gaap_StatementBusinessSegmentsAxis
= us-gaap_CorporateAndOtherMember
Operating expense, excluding depreciation, depletion and amortization expense 0us-gaap_OtherCostAndExpenseOperating
/ us-gaap_StatementBusinessSegmentsAxis
= us-gaap_CorporateAndOtherMember
0us-gaap_OtherCostAndExpenseOperating
/ us-gaap_StatementBusinessSegmentsAxis
= us-gaap_CorporateAndOtherMember
Lease operating expense 0us-gaap_LeaseOperatingExpense
/ us-gaap_StatementBusinessSegmentsAxis
= us-gaap_CorporateAndOtherMember
0us-gaap_LeaseOperatingExpense
/ us-gaap_StatementBusinessSegmentsAxis
= us-gaap_CorporateAndOtherMember
Depreciation, depletion and amortization 148us-gaap_DepreciationDepletionAndAmortization
/ us-gaap_StatementBusinessSegmentsAxis
= us-gaap_CorporateAndOtherMember
27us-gaap_DepreciationDepletionAndAmortization
/ us-gaap_StatementBusinessSegmentsAxis
= us-gaap_CorporateAndOtherMember
General and administrative expense 3,858us-gaap_GeneralAndAdministrativeExpense
/ us-gaap_StatementBusinessSegmentsAxis
= us-gaap_CorporateAndOtherMember
2,071us-gaap_GeneralAndAdministrativeExpense
/ us-gaap_StatementBusinessSegmentsAxis
= us-gaap_CorporateAndOtherMember
Acquisition and integration expense 1,061us-gaap_BusinessCombinationIntegrationRelatedCosts
/ us-gaap_StatementBusinessSegmentsAxis
= us-gaap_CorporateAndOtherMember
351us-gaap_BusinessCombinationIntegrationRelatedCosts
/ us-gaap_StatementBusinessSegmentsAxis
= us-gaap_CorporateAndOtherMember
Operating income (loss) (5,067)us-gaap_OperatingIncomeLoss
/ us-gaap_StatementBusinessSegmentsAxis
= us-gaap_CorporateAndOtherMember
(2,449)us-gaap_OperatingIncomeLoss
/ us-gaap_StatementBusinessSegmentsAxis
= us-gaap_CorporateAndOtherMember
Capital expenditures $ 333parr_CapitalAdditionsfromAcquisitions
/ us-gaap_StatementBusinessSegmentsAxis
= us-gaap_CorporateAndOtherMember
$ 0parr_CapitalAdditionsfromAcquisitions
/ us-gaap_StatementBusinessSegmentsAxis
= us-gaap_CorporateAndOtherMember
[1] Entities with a net loss are prohibited from including potential common shares in the computation of diluted per share amounts. We have utilized the basic shares outstanding to calculate both basic and diluted loss per share for the three months ended March 31, 2014.