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Segment Information | 9 Months Ended
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Sep. 30, 2016
Segment Reporting [Abstract] |
Segment Information | Note 17—Segment Information During the fourth quarter of 2015, we changed our reportable segments to separate our logistics operations from our refining operations due to a change in senior leadership, organizational structure, the acquisition of Mid Pac and to reflect how we currently make financial decisions and allocate resources. During the fourth quarter of 2015, we also began including all general and administrative and acquisition and integration expenses in our Corporate and Other segment because we manage those costs on a consolidated basis. Additionally, effective in the fourth quarter of 2015, the crude oil and natural gas operations are included within the Corporate and Other reportable segment. Currently we report the results for the following five business segments: (i) Refining, (ii) Retail, (iii) Logistics, (iv) Texadian and (v) Corporate and Other. Beginning in the third quarter of 2016, the results of operations of Wyoming Refining are included in our refining and logistics segments. We previously reported results for the following four business segments: (i) Refining and Distribution, (ii) Retail, (iii) Natural Gas and Oil Production and (iv) Commodity Marketing and Logistics. We have recast the segment information for the three and nine months ended September 30, 2015 below to conform to the current period presentation. Summarized financial information concerning reportable segments consists of the following (in thousands):
Three months ended September 30, 2016 |  | Refining |  | Logistics (1) |  | Retail |  | Texadian |  | Corporate, Eliminations and Other (2) |  | Total
Revenues |  | $ | 462,975 |  |  | $ | 28,107 |  |  | $ | 75,577 |  |  | $ | 15,705 |  |  | $ | (72,059 | ) |  | $ | 510,305 |
Cost of revenues (excluding depreciation) |  | 439,477 |  |  | 19,334 |  |  | 56,365 |  |  | 15,629 |  |  | (71,509 | ) |  | 459,296 |
Operating expense (excluding depreciation) |  | 35,910 |  |  | 4,686 |  |  | 10,461 |  |  | — |  |  | 173 |  |  | 51,230 |
Lease operating expense |  | — |  |  | — |  |  | — |  |  | — |  |  | 10 |  |  | 10 |
Depreciation, depletion and amortization |  | 5,755 |  |  | 1,275 |  |  | 1,898 |  |  | 162 |  |  | 553 |  |  | 9,643 |
General and administrative expense |  | — |  |  | — |  |  | — |  |  | — |  |  | 9,863 |  |  | 9,863 |
Acquisition and integration expense |  | — |  |  | — |  |  | — |  |  | — |  |  | 2,047 |  |  | 2,047 |
Operating income (loss) |  | $ | (18,167 | ) |  | $ | 2,812 |  |  | $ | 6,853 |  |  | $ | (86 | ) |  | $ | (13,196 | ) |  | $ | (21,784 | )
Interest expense and financing costs, net |  |  |  |  |  |  |  |  |  |  |  | (11,232 | )
Other income (expense), net |  |  |  |  |  |  |  |  |  |  |  | (56 | )
Change in value of common stock warrants |  |  |  |  |  |  |  |  |  |  |  | 657 |
Change in value of contingent consideration |  |  |  |  |  |  |  |  |  |  |  | 1,025 |
Equity earnings from Laramie Energy, LLC |  |  |  |  |  |  |  |  |  |  |  | 3,659 |
Loss before income taxes |  |  |  |  |  |  |  |  |  |  |  | (27,731 | )
Income tax expense |  |  |  |  |  |  |  |  |  |  |  | (30 | )
Net loss |  |  |  |  |  |  |  |  |  |  |  | $ | (27,761 | )
Capital expenditures |  | $ | 3,820 |  |  | $ | 266 |  |  | $ | 1,636 |  |  | $ | — |  |  | $ | 1,863 |  |  | $ | 7,585 |
Three months ended September 30, 2015 |  | Refining |  | Logistics (1) |  | Retail |  | Texadian |  | Corporate, Eliminations and Other (2) |  | Total
Revenues |  | $ | 458,238 |  |  | $ | 21,045 |  |  | $ | 81,434 |  |  | $ | 10,904 |  |  | $ | (76,118 | ) |  | $ | 495,503 |
Cost of revenues (excluding depreciation) |  | 394,254 |  |  | 12,566 |  |  | 60,655 |  |  | 13,796 |  |  | (76,118 | ) |  | 405,153 |
Operating expense (excluding depreciation) |  | 27,264 |  |  | 1,304 |  |  | 9,479 |  |  | — |  |  | — |  |  | 38,047 |
Lease operating expense |  | — |  |  | — |  |  | — |  |  | — |  |  | 1,575 |  |  | 1,575 |
Depreciation, depletion and amortization |  | 1,717 |  |  | 848 |  |  | 1,492 |  |  | 231 |  |  | 308 |  |  | 4,596 |
Impairment expense |  | — |  |  | — |  |  | — |  |  | 9,639 |  |  | — |  |  | 9,639 |
General and administrative expense |  | — |  |  | — |  |  | — |  |  | — |  |  | 9,939 |  |  | 9,939 |
Acquisition and integration expense |  | — |  |  | — |  |  | — |  |  | — |  |  | 280 |  |  | 280 |
Operating income (loss) |  | $ | 35,003 |  |  | $ | 6,327 |  |  | $ | 9,808 |  |  | $ | (12,762 | ) |  | $ | (12,102 | ) |  | $ | 26,274 |
Interest expense and financing costs, net |  |  |  |  |  |  |  |  |  |  |  | (4,387 | )
Other income (expense), net |  |  |  |  |  |  |  |  |  |  |  | (45 | )
Change in value of common stock warrants |  |  |  |  |  |  |  |  |  |  |  | (1,023 | )
Change in value of contingent consideration |  |  |  |  |  |  |  |  |  |  |  | (4,255 | )
Equity losses from Laramie Energy, LLC |  |  |  |  |  |  |  |  |  |  |  | (1,355 | )
Income before income taxes |  |  |  |  |  |  |  |  |  |  |  | 15,209 |
Income tax expense |  |  |  |  |  |  |  |  |  |  |  | (469 | )
Net income |  |  |  |  |  |  |  |  |  |  |  | $ | 14,740 |
Capital expenditures |  | $ | 1,729 |  |  | $ | 1,976 |  |  | $ | 213 |  |  | $ | 10 |  |  | $ | 2,056 |  |  | $ | 5,984 |
________________________________________________________
(1) | Our logistics operations consist primarily of intercompany transactions which eliminate on a consolidated basis.
(2) | Includes eliminations of intersegment Revenues and Cost of revenues (excluding depreciation) of $72.1 million and $76.1 million for the three months ended September 30, 2016 and 2015, respectively.
Nine months ended September 30, 2016 |  | Refining |  | Logistics (1) |  | Retail |  | Texadian |  | Corporate, Eliminations and Other (2) |  | Total
Revenues |  | $ | 1,172,164 |  |  | $ | 73,686 |  |  | $ | 215,952 |  |  | $ | 37,884 |  |  | $ | (197,777 | ) |  | $ | 1,301,909 |
Cost of revenues (excluding depreciation) |  | 1,112,730 |  |  | 48,707 |  |  | 162,831 |  |  | 39,432 |  |  | (197,353 | ) |  | 1,166,347 |
Operating expense (excluding depreciation) |  | 85,053 |  |  | 8,906 |  |  | 31,059 |  |  | — |  |  | 173 |  |  | 125,191 |
Lease operating expense |  | — |  |  | — |  |  | — |  |  | — |  |  | 134 |  |  | 134 |
Depreciation, depletion and amortization |  | 9,649 |  |  | 3,116 |  |  | 4,930 |  |  | 504 |  |  | 1,640 |  |  | 19,839 |
General and administrative expense |  | — |  |  | — |  |  | — |  |  | — |  |  | 31,654 |  |  | 31,654 |
Acquisition and integration expense |  | — |  |  | — |  |  | — |  |  | — |  |  | 3,563 |  |  | 3,563 |
Operating income (loss) |  | $ | (35,268 | ) |  | $ | 12,957 |  |  | $ | 17,132 |  |  | $ | (2,052 | ) |  | $ | (37,588 | ) |  | $ | (44,819 | )
Interest expense and financing costs, net |  |  |  |  |  |  |  |  |  |  |  | (21,951 | )
Other income (expense), net |  |  |  |  |  |  |  |  |  |  |  | 60 |
Change in value of common stock warrants |  |  |  |  |  |  |  |  |  |  |  | 3,477 |
Change in value of contingent consideration |  |  |  |  |  |  |  |  |  |  |  | 10,753 |
Equity losses from Laramie Energy, LLC |  |  |  |  |  |  |  |  |  |  |  | (15,159 | )
Loss before income taxes |  |  |  |  |  |  |  |  |  |  |  | (67,639 | )
Income tax benefit |  |  |  |  |  |  |  |  |  |  |  | 8,117 |
Net loss |  |  |  |  |  |  |  |  |  |  |  | $ | (59,522 | )
Capital expenditures |  | $ | 10,947 |  |  | $ | 1,151 |  |  | $ | 3,699 |  |  | $ | — |  |  | $ | 3,479 |  |  | $ | 19,276 |
Nine months ended September 30, 2015 |  | Refining |  | Logistics (1) |  | Retail |  | Texadian |  | Corporate, Eliminations and Other (2) |  | Total
Revenues |  | $ | 1,491,309 |  |  | $ | 61,822 |  |  | $ | 209,091 |  |  | $ | 76,983 |  |  | $ | (216,332 | ) |  | $ | 1,622,873 |
Cost of revenues (excluding depreciation) |  | 1,334,045 |  |  | 35,649 |  |  | 158,383 |  |  | 78,130 |  |  | (218,517 | ) |  | 1,387,690 |
Operating expense (excluding depreciation) |  | 73,597 |  |  | 4,040 |  |  | 25,161 |  |  | — |  |  | — |  |  | 102,798 |
Lease operating expense |  | — |  |  | — |  |  | — |  |  | — |  |  | 4,614 |  |  | 4,614 |
Depreciation, depletion and amortization |  | 5,456 |  |  | 2,267 |  |  | 3,675 |  |  | 689 |  |  | 765 |  |  | 12,852 |
Impairment expense |  | — |  |  | — |  |  | — |  |  | 9,639 |  |  | — |  |  | 9,639 |
General and administrative expense |  | — |  |  | — |  |  | — |  |  | — |  |  | 31,878 |  |  | 31,878 |
Acquisition and integration expense |  | — |  |  | — |  |  | — |  |  | — |  |  | 1,811 |  |  | 1,811 |
Operating income (loss) |  | $ | 78,211 |  |  | $ | 19,866 |  |  | $ | 21,872 |  |  | $ | (11,475 | ) |  | $ | (36,883 | ) |  | $ | 71,591 |
Interest expense and financing costs, net |  |  |  |  |  |  |  |  |  |  |  | (15,769 | )
Loss on termination of financing agreement |  |  |  |  |  |  |  |  |  |  |  | (19,229 | )
Other income (expense), net |  |  |  |  |  |  |  |  |  |  |  | (199 | )
Change in value of common stock warrants |  |  |  |  |  |  |  |  |  |  |  | (2,732 | )
Change in value of contingent consideration |  |  |  |  |  |  |  |  |  |  |  | (18,679 | )
Equity losses from Laramie Energy, LLC |  |  |  |  |  |  |  |  |  |  |  | (6,131 | )
Income before income taxes |  |  |  |  |  |  |  |  |  |  |  | 8,852 |
Income tax benefit |  |  |  |  |  |  |  |  |  |  |  | 18,073 |
Net income |  |  |  |  |  |  |  |  |  |  |  | $ | 26,925 |
Capital expenditures |  | $ | 5,640 |  |  | $ | 6,651 |  |  | $ | 715 |  |  | $ | 10 |  |  | $ | 2,841 |  |  | $ | 15,857 |
________________________________________________________
(1) | Our logistics operations consist primarily of intercompany transactions which eliminate on a consolidated basis.
(2) | Includes eliminations of intersegment Revenues and Cost of revenues (excluding depreciation) of $198.0 million and $218.5 million for the nine months ended September 30, 2016 and 2015, respectively.

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 34 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8981-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e9038-108599 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 33 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8971-108599 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8595-108599 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8380-108599 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8933-108599 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 26 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8844-108599 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 35 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8984-108599 Reference 9: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e9031-108599 Reference 10: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 42 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e9054-108599 Reference 11: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8538-108599 Reference 12: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 29 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8864-108599 Reference 13: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8924-108599 Reference 14: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8906-108599 + Details
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