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NET INCOME PER SHARE OF PBF ENERGY (Details) - USD ($) $ / shares in Units, $ in Millions | 12 Months Ended
--- | ---
Dec. 31, 2020 | Dec. 31, 2019 | Dec. 31, 2018
Basic Earnings Per Share: |  |  |  |
Numerator for basic net income per Class A common share-net income attributable to PBF Energy |  | $ (1,392.4) | $ 319.4 | $ 128.3
Undistributed Earnings (Loss) Allocated to Participating Securities, Basic |  | 0.1 | 0.5 | 0.7
Net Income (Loss) Available to Common Stockholders, Basic |  | $ (1,392.5) | $ 318.9 | $ 127.6
Denominator for basic net income per Class A common share-weighted average shares (in shares) | [1] | 119,617,998 | 119,887,646 | 115,190,262
Basic net income attributable to PBF Energy per Class A common share (in usd per share) |  | $ (11.64) | $ 2.66 | $ 1.11
Diluted Earnings Per Share: |  |  |  |
Net Income (Loss) Available to Common Stockholders, Basic |  | $ (1,392.5) | $ 318.9 | $ 127.6
Plus: Net income attributable to noncontrolling interest | [1] | (17.1) | 4.3 | 4.6
Less: Income tax on net income per Class A common share | [1] | 4.6 | (1.0) | (1.2)
Numerator for diluted net income per Class A common share | [1] | $ (1,405.0) | $ 322.2 | $ 131.0
Denominator for basic net income per Class A common share-weighted average shares (in shares) | [1] | 119,617,998 | 119,887,646 | 115,190,262
Effect of dilutive securities: |  |  |  |
Conversion of PBF LLC Series A Units | [1] | 1,042,667 | 1,207,581 | 1,938,089
Incremental Common Shares Attributable to Dilutive Effect of Call Options and Warrants | [1] | 0 | 758,072 | 1,645,255
Denominator for diluted net income per common share-adjusted weighted average shares (in shares) |  | 120,660,665 | 121,853,299 | 118,773,606
Diluted net income attributable to PBF Energy per Class A common share (in usd per share) |  | $ (11.64) | $ 2.64 | $ 1.10
Effective tax rate |  | 26.60% | 24.90% | 26.00%
Employee Stock Option [Member] |  |  |  |
Effect of dilutive securities: |  |  |  |
Antidilutive common stock excluded from computation of dilutive earnings per share (in shares) |  | 14,446,894 | 6,765,526 | 1,293,242
[1] | The diluted earnings per share calculation generally assumes the conversion of all outstanding PBF LLC Series A Units to PBF Energy Class A common stock. The net income (loss) attributable to PBF Energy, used in the numerator of the diluted earnings per share calculation is adjusted to reflect the net income (loss), as well as the corresponding income tax expense (benefit) (based on a 26.6%, 24.9% and 26.0% annualized statutory corporate tax rate for the years ended December 31, 2020, 2019 and 2018) attributable to the converted units.

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