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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Millions, $ in Millions | 3 Months Ended
--- | ---
Mar. 31, 2017 | Mar. 31, 2016
Income Statement [Abstract] |  |
Net sales | $ 1,507.1 | $ 905.5
Operating costs and expenses: |  |
Cost of materials and other | 1,221.2 | 736.8
Direct operating expenses (exclusive of depreciation and amortization as reflected below) | 138.1 | 141.4
Depreciation and amortization | 48.6 | 37.9
Cost of sales | 1,407.9 | 916.1
Selling, general and administrative expenses (exclusive of depreciation and amortization as reflected below) | 29.1 | 27.2
Depreciation and amortization | 2.5 | 2.1
Total operating costs and expenses | 1,439.5 | 945.4
Operating income (loss) | 67.6 | (39.9)
Other income (expense): |  |
Interest expense and other financing costs | (27.0) | (12.1)
Interest income | 0.2 | 0.2
Gain (loss) on derivatives, net | 12.2 | (1.2)
Other income (expense), net | 0.0 | 0.3
Total other expense | (14.6) | (12.8)
Income (loss) before income tax expense | 53.0 | (52.7)
Income tax expense (benefit) | 14.8 | (21.8)
Net income (loss) | 38.2 | (30.9)
Less: Net income (loss) attributable to noncontrolling interest | 16.0 | (14.7)
Net income (loss) attributable to CVR Energy stockholders | $ 22.2 | $ (16.2)
Earnings per share: |  |
Basic and diluted earnings per share (in dollars per share) | $ 0.26 | $ (0.19)
Dividends declared per share (in dollars per share) | $ 0.50 | $ 0.5
Weighted-average common shares outstanding: |  |
Basic and diluted (in shares) | 86.8 | 86.8

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