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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
NET SALES:        
Related parties $ 299,235 $ 301,111 $ 876,079 $ 871,771
Other customers 101,410 32,539 279,154 107,487
Total net sales 400,645 333,650 1,155,233 979,258
Cost of goods sold 359,243 351,262 1,074,520 995,357
Gross profit (loss) 41,402 (17,612) 80,713 (16,099)
Selling, general and administrative expenses 13,994 9,733 34,048 29,303
Ravenswood (gains) losses (5,500) 26,830 (5,500) 26,830
Other operating expense - net 437 878 1,590 2,337
Operating income (loss) 32,471 (55,053) 50,575 (74,569)
Interest expense (5,542) (5,531) (16,574) (16,521)
Interest income 422 190 935 475
Net gain (loss) on forward and derivative contracts (3,888) 1,275 (17,068) 2,998
Other income (expense) - net 427 (157) (1,065) (462)
Income (loss) before income taxes and equity in earnings of joint ventures 23,890 (59,276) 16,803 (88,079)
Income tax (expense) benefit (3,321) 848 (4,465) 3,237
Income (loss) before equity in earnings of joint ventures 20,569 (58,428) 12,338 (84,842)
Equity in earnings of joint ventures 214 155 437 891
Net income (loss) 20,783 (58,273) 12,775 (83,951)
Net income (loss) allocated to common stockholders $ 19,132 $ (58,273) $ 11,758 $ (83,951)
INCOME (LOSS) PER COMMON SHARE:        
Basic (in USD per share) $ 0.22 $ (0.67) $ 0.13 $ (0.96)
Diluted (in USD per share) $ 0.22 $ (0.67) $ 0.13 $ (0.96)
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING:        
Basic (shares) 87,318 87,076 87,282 87,059
Diluted (shares) 88,255 87,076 88,070 87,059