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Business Segments (Tables)
3 Months Ended
Mar. 31, 2013
Business Segments  
Schedule of segment information

 

 
  Three Months Ended
March 31,
 
 
  2013   2012  
 
  (in thousands)
 

Net sales

             

Petroleum

  $ 2,274,018   $ 1,898,485  

Nitrogen Fertilizer

    81,411     78,276  

Intersegment elimination

    (3,010 )   (8,130 )
           

Total

  $ 2,352,419   $ 1,968,631  
           

Cost of product sold (exclusive of depreciation and amortization)

             

Petroleum

  $ 1,805,774   $ 1,630,665  

Nitrogen Fertilizer

    10,655     12,598  

Intersegment elimination

    (2,847 )   (8,108 )
           

Total

  $ 1,813,582   $ 1,635,155  
           

Direct operating expenses (exclusive of depreciation and amortization)

             

Petroleum

  $ 86,046   $ 92,703  

Nitrogen Fertilizer

    22,557     22,837  

Other

    (55 )   (26 )
           

Total

  $ 108,548   $ 115,514  
           

Depreciation and amortization

             

Petroleum

  $ 27,951   $ 26,259  

Nitrogen Fertilizer

    5,767     5,438  

Other

    480     415  
           

Total

  $ 34,198   $ 32,112  
           

Operating income (loss)

             

Petroleum

  $ 335,600   $ 134,896  

Nitrogen Fertilizer

    36,803     31,426  

Other

    (4,741 )   (25,814 )
           

Total

  $ 367,662   $ 140,508  
           

Capital expenditures

             

Petroleum

  $ 44,582   $ 35,403  

Nitrogen fertilizer

    18,063     22,274  

Other

    1,074     1,848  
           

Total

  $ 63,719   $ 59,525  
           

 

 
  As of March 31,
2013
  As of December 31,
2012
 
 
  (in thousands)
 

Total assets

             

Petroleum

  $ 2,693,276   $ 2,258,515  

Nitrogen Fertilizer

    660,113     622,954  

Other

    418,670     729,426  
           

Total

  $ 3,772,059   $ 3,610,895  
           

Goodwill

             

Petroleum

  $   $  

Nitrogen Fertilizer

    40,969     40,969  

Other

         
           

Total

  $ 40,969   $ 40,969