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Segment Information | 9 Months Ended
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Sep. 30, 2018
Segment Reporting [Abstract] |
Segment Information | Segment Information We report the results for the following four business segments: (i) Refining, (ii) Retail, (iii) Logistics, and (iv) Corporate and Other. Beginning in the first quarter of 2018, the results of operations of Northwest Retail are included in our retail segment. Summarized financial information concerning reportable segments consists of the following (in thousands):
Three Months Ended September 30, 2018 |  | Refining |  | Logistics |  | Retail |  | Corporate, Eliminations and Other (1) |  | Total
Revenues |  | $ | 850,591 |  |  | $ | 30,660 |  |  | $ | 124,970 |  |  | $ | (96,440 | ) |  | $ | 909,781 |
Cost of revenues (excluding depreciation) |  | 805,051 |  |  | 18,384 |  |  | 95,968 |  |  | (96,618 | ) |  | 822,785 |
Operating expense (excluding depreciation) |  | 36,766 |  |  | 1,663 |  |  | 16,476 |  |  | — |  |  | 54,905 |
Depreciation, depletion, and amortization |  | 8,336 |  |  | 1,654 |  |  | 1,876 |  |  | 1,326 |  |  | 13,192 |
General and administrative expense (excluding depreciation) |  | — |  |  | — |  |  | — |  |  | 11,871 |  |  | 11,871 |
Acquisition and integration expense |  | — |  |  | — |  |  | — |  |  | 2,134 |  |  | 2,134 |
Operating income (loss) |  | $ | 438 |  |  | $ | 8,959 |  |  | $ | 10,650 |  |  | $ | (15,153 | ) |  | $ | 4,894 |
Interest expense and financing costs, net |  |  |  |  |  |  |  |  |  | (10,425 | )
Other income, net |  |  |  |  |  |  |  |  |  | 85 |
Change in value of common stock warrants |  |  |  |  |  |  |  |  |  | (1,067 | )
Equity earnings from Laramie Energy, LLC |  |  |  |  |  |  |  |  |  | 1,050 |
Loss before income taxes |  |  |  |  |  |  |  |  |  | (5,463 | )
Income tax expense |  |  |  |  |  |  |  |  |  | (359 | )
Net loss |  |  |  |  |  |  |  |  |  | $ | (5,822 | )
Capital expenditures |  | $ | 5,332 |  |  | $ | 4,501 |  |  | $ | 1,425 |  |  | $ | 1,283 |  |  | $ | 12,541 |
Three Months Ended September 30, 2017 |  | Refining |  | Logistics |  | Retail |  | Corporate, Eliminations and Other (1) |  | Total
Revenues |  | $ | 578,511 |  |  | $ | 31,838 |  |  | $ | 83,682 |  |  | $ | (83,525 | ) |  | $ | 610,506 |
Cost of revenues (excluding depreciation) |  | 513,664 |  |  | 15,857 |  |  | 63,175 |  |  | (83,220 | ) |  | 509,476 |
Operating expense (excluding depreciation) |  | 36,126 |  |  | 4,029 |  |  | 11,563 |  |  | — |  |  | 51,718 |
Depreciation, depletion, and amortization |  | 7,390 |  |  | 1,602 |  |  | 1,471 |  |  | 841 |  |  | 11,304 |
General and administrative expense (excluding depreciation) |  | — |  |  | — |  |  | — |  |  | 11,292 |  |  | 11,292 |
Operating income (loss) |  | $ | 21,331 |  |  | $ | 10,350 |  |  | $ | 7,473 |  |  | $ | (12,438 | ) |  | $ | 26,716 |
Interest expense and financing costs, net |  |  |  |  |  |  |  |  |  | (7,419 | )
Other income, net |  |  |  |  |  |  |  |  |  | 649 |
Change in value of common stock warrants |  |  |  |  |  |  |  |  |  | (975 | )
Equity earnings from Laramie Energy, LLC |  |  |  |  |  |  |  |  |  | 553 |
Income before income taxes |  |  |  |  |  |  |  |  |  | 19,524 |
Income tax expense |  |  |  |  |  |  |  |  |  | (700 | )
Net income |  |  |  |  |  |  |  |  |  | $ | 18,824 |
Capital expenditures |  | $ | 3,171 |  |  | $ | 2,606 |  |  | $ | 811 |  |  | $ | 1,523 |  |  | $ | 8,111 |
________________________________________________________
(1) | Includes eliminations of intersegment revenues and cost of revenues of $96.4 million and $83.4 million for the three months ended September 30, 2018 and 2017, respectively.
Nine Months Ended September 30, 2018 |  | Refining |  | Logistics |  | Retail |  | Corporate, Eliminations and Other (1) |  | Total
Revenues |  | $ | 2,391,262 |  |  | $ | 95,016 |  |  | $ | 323,253 |  |  | $ | (277,915 | ) |  | $ | 2,531,616 |
Cost of revenues (excluding depreciation) |  | 2,204,634 |  |  | 57,775 |  |  | 248,328 |  |  | (278,129 | ) |  | 2,232,608 |
Operating expense (excluding depreciation) |  | 108,862 |  |  | 5,870 |  |  | 44,239 |  |  | 4 |  |  | 158,975 |
Depreciation, depletion, and amortization |  | 24,173 |  |  | 4,969 |  |  | 6,441 |  |  | 3,421 |  |  | 39,004 |
General and administrative expense (excluding depreciation) |  | — |  |  | — |  |  | — |  |  | 35,981 |  |  | 35,981 |
Acquisition and integration expense |  | — |  |  | — |  |  | — |  |  | 3,515 |  |  | 3,515 |
Operating income (loss) |  | $ | 53,593 |  |  | $ | 26,402 |  |  | $ | 24,245 |  |  | $ | (42,707 | ) |  | $ | 61,533 |
Interest expense and financing costs, net |  |  |  |  |  |  |  |  |  | (29,346 | )
Other income, net |  |  |  |  |  |  |  |  |  | 861 |
Change in value of common stock warrants |  |  |  |  |  |  |  |  |  | (396 | )
Change in value of contingent consideration |  |  |  |  |  |  |  |  |  | (10,500 | )
Equity earnings from Laramie Energy, LLC |  |  |  |  |  |  |  |  |  | 4,274 |
Income before income taxes |  |  |  |  |  |  |  |  |  | 26,426 |
Income tax expense |  |  |  |  |  |  |  |  |  | (885 | )
Net income |  |  |  |  |  |  |  |  |  | $ | 25,541 |
Capital expenditures |  | $ | 15,359 |  |  | $ | 9,050 |  |  | $ | 2,520 |  |  | $ | 3,269 |  |  | $ | 30,198 |
Nine Months Ended September 30, 2017 |  | Refining |  | Logistics |  | Retail |  | Corporate, Eliminations and Other (1) |  | Total
Revenues |  | $ | 1,685,341 |  |  | $ | 91,456 |  |  | $ | 243,711 |  |  | $ | (240,504 | ) |  | $ | 1,780,004 |
Cost of revenues (excluding depreciation) |  | 1,493,472 |  |  | 46,982 |  |  | 184,916 |  |  | (240,252 | ) |  | 1,485,118 |
Operating expense (excluding depreciation) |  | 107,237 |  |  | 12,675 |  |  | 33,829 |  |  | — |  |  | 153,741 |
Depreciation, depletion, and amortization |  | 22,243 |  |  | 4,613 |  |  | 4,377 |  |  | 2,615 |  |  | 33,848 |
General and administrative expense (excluding depreciation) |  | — |  |  | — |  |  | — |  |  | 34,688 |  |  | 34,688 |
Acquisition and integration expense |  | — |  |  | — |  |  | — |  |  | 253 |  |  | 253 |
Operating income (loss) |  | $ | 62,389 |  |  | $ | 27,186 |  |  | $ | 20,589 |  |  | $ | (37,808 | ) |  | $ | 72,356 |
Interest expense and financing costs, net |  |  |  |  |  |  |  |  |  | (25,500 | )
Loss on termination of financing agreement |  |  |  |  |  |  |  |  |  | (1,804 | )
Other income, net |  |  |  |  |  |  |  |  |  | 886 |
Change in value of common stock warrants |  |  |  |  |  |  |  |  |  | (2,211 | )
Equity earnings from Laramie Energy, LLC |  |  |  |  |  |  |  |  |  | 11,651 |
Income before income taxes |  |  |  |  |  |  |  |  |  | 55,378 |
Income tax expense |  |  |  |  |  |  |  |  |  | (1,762 | )
Net income |  |  |  |  |  |  |  |  |  | $ | 53,616 |
Capital expenditures |  | $ | 5,495 |  |  | $ | 5,345 |  |  | $ | 4,434 |  |  | $ | 4,614 |  |  | $ | 19,888 |
________________________________________________________
(1) | Includes eliminations of intersegment revenues and cost of revenues of $277.3 million and $241.5 million for the nine months ended September 30, 2018 and 2017, 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 -URI http://asc.fasb.org/topic&trid=2134510 + Details
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