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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Millions, $ in Millions | 3 Months Ended | 9 Months Ended
--- | --- | ---
Sep. 30, 2017 | Sep. 30, 2016 | Sep. 30, 2017 | Sep. 30, 2016
Income Statement [Abstract] |  |  |  |
Net sales | $ 1,453.8 | $ 1,240.3 | $ 4,395.3 | $ 3,429.0
Operating costs and expenses: |  |  |  |
Cost of materials and other | 1,132.4 | 1,005.7 | 3,582.2 | 2,719.3
Direct operating expenses (exclusive of depreciation and amortization as reflected below) | 161.1 | 129.5 | 423.4 | 409.2
Depreciation and amortization | 51.3 | 48.1 | 151.7 | 134.5
Cost of sales | 1,344.8 | 1,183.3 | 4,157.3 | 3,263.0
Selling, general and administrative expenses (exclusive of depreciation and amortization as reflected below) | 27.3 | 27.8 | 82.7 | 81.7
Depreciation and amortization | 2.8 | 2.0 | 7.5 | 6.3
Total operating costs and expenses | 1,374.9 | 1,213.1 | 4,247.5 | 3,351.0
Operating income | 78.9 | 27.2 | 147.8 | 78.0
Other income (expense): |  |  |  |
Interest expense and other financing costs | (27.6) | (26.2) | (82.3) | (56.8)
Interest income | 0.2 | 0.2 | 0.8 | 0.5
Loss on derivatives, net | (17.0) | (1.7) | (4.8) | (4.8)
Loss on extinguishment of debt | 0.0 | 0.0 | 0.0 | (5.1)
Other income, net | 0.0 | 5.0 | 0.1 | 5.5
Total other expense | (44.4) | (22.7) | (86.2) | (60.7)
Income before income tax expense | 34.5 | 4.5 | 61.6 | 17.3
Income tax expense | 9.2 | 2.5 | 17.4 | 2.3
Net income | 25.3 | 2.0 | 44.2 | 15.0
Less: Net income (loss) attributable to noncontrolling interest | 3.1 | (3.4) | 10.3 | (2.6)
Net income attributable to CVR Energy stockholders | $ 22.2 | $ 5.4 | $ 33.9 | $ 17.6
Earnings per share: |  |  |  |
Basic and diluted earnings per share (in dollars per share) | $ 0.26 | $ 0.06 | $ 0.39 | $ 0.20
Dividends declared per share (in dollars per share) | $ 0.5 | $ 0.5 | $ 1.5 | $ 1.5
Weighted-average common shares outstanding: |  |  |  |
Basic and diluted (in shares) | 86.8 | 86.8 | 86.8 | 86.8

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