XML 22 R12.htm IDEA: XBRL DOCUMENT
v3.7.0.1

Discontinued Operations | 3 Months Ended
--- | ---
Mar. 31, 2017
Discontinued Operations [Abstract] |
Discontinued Operations | Note C – Discontinued Operations ﻿ The Company has accounted for its former U.K. refining and marketing operations as discontinued operations for all periods present ed. The results of operations associated with discontinued operations for the three-month periods ended March 31, 201 7 and 201 6 were as follows: ﻿ ﻿
﻿ |  |  |  |  |
﻿ |  |  |  |  |
﻿ |  |  |
﻿ | Three Months |
﻿ | Ended March 31, |
﻿(Thousands of dollars) |  | 2017 |  | 2016 |
﻿Revenues | $ | 1,022 |  | 683 |
﻿Income before income taxes |  | 969 |  | 683 |
﻿Income tax benefit |  | – |  | – |
﻿Income from discontinued operations | $ | 969 |  | 683 |
﻿ The following table presents the carrying value of the major categories of assets and liabilities of U.K. refining and marketing operations reflected as held for sale on the Company’s Consolidated Balance Sheets at March 31, 201 7 and December 31, 201 6. ﻿ ﻿
﻿ |  |  |  |
﻿ |  |  |  |
﻿ | March 31, |  | December 31,
﻿(Thousands of dollars) | 2017 |  | 2016
﻿Current assets |  |  |  |
﻿Cash | $ | 16,340 |  | 4,126
﻿Accounts receivable |  | 9,145 |  | 22,944
﻿Total current assets held for sale | $ | 25,485 |  | 27,070
﻿Current liabilities |  |  |  |
﻿Accounts payable | $ | 367 |  | 270
﻿Refinery decommissioning cost |  | 2,449 |  | 2,506
﻿Total current liabilities associated with assets held for sale | $ | 2,816 |  | 2,776

X
- References No definition available. + Details
Name: | us-gaap_DiscontinuedOperationsAndDisposalGroupsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure related to a disposal group. Includes, but is not limited to, a discontinued operation, disposal classified as held-for-sale or disposed of by means other than sale or disposal of an individually significant component. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -URI http://asc.fasb.org/topic&trid=2155823 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -URI http://asc.fasb.org/subtopic&trid=2122178 + Details
Name: | us-gaap_DisposalGroupsIncludingDiscontinuedOperationsDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration