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v3.22.2.2

Segment Information (Tables) | 9 Months Ended
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Sep. 30, 2022
Segment Reporting [Abstract] |
Schedule of Segment Summarized Financial Information | Summarized financial information concerning reportable segments consists of the following (in thousands):
Three Months Ended September 30, 2022 |  | Refining |  | Logistics |  | Retail |  |  |  |  |  | Corporate, Eliminations and Other (1) |  | Total
Revenues |  | 1,974,701 |  |  | 54,635 |  |  | 157,385 |  |  |  |  |  |  | (130,436) |  |  | $ | 2,056,285 |
Cost of revenues (excluding depreciation) |  | 1,629,019 |  |  | 28,482 |  |  | 115,574 |  |  |  |  |  |  | (130,449) |  |  | 1,642,626 |
Operating expense (excluding depreciation) |  | 63,049 |  |  | 3,710 |  |  | 21,570 |  |  |  |  |  |  | — |  |  | 88,329 |
Depreciation and amortization |  | 16,542 |  |  | 5,059 |  |  | 2,865 |  |  |  |  |  |  | 659 |  |  | 25,125 |
Loss (gain) on sale of assets, net |  | — |  |  | (241) |  |  | 56 |  |  |  |  |  |  | — |  |  | (185) |
General and administrative expense (excluding depreciation) |  | — |  |  | — |  |  | — |  |  |  |  |  |  | 16,219 |  |  | 16,219 |
Operating income (loss) |  | $ | 266,091 |  |  | $ | 17,625 |  |  | $ | 17,320 |  |  |  |  |  |  | $ | (16,865) |  |  | $ | 284,171 |
Interest expense and financing costs, net |  |  |  |  |  |  |  |  |  |  |  |  |  | (16,852) |
Debt extinguishment and commitment costs |  |  |  |  |  |  |  |  |  |  |  |  |  | 343 |
Other expense, net |  |  |  |  |  |  |  |  |  |  |  |  |  | (198) |
Income before income taxes |  |  |  |  |  |  |  |  |  |  |  |  |  | 267,464 |
Income tax expense |  |  |  |  |  |  |  |  |  |  |  |  |  | (68) |
Net income |  |  |  |  |  |  |  |  |  |  |  |  |  | $ | 267,396 |
Capital expenditures |  | $ | 3,754 |  |  | $ | 2,967 |  |  | $ | 2,135 |  |  |  |  |  |  | $ | 182 |  |  | $ | 9,038 |
Three Months Ended September 30, 2021 |  | Refining |  | Logistics |  | Retail |  |  |  |  |  | Corporate, Eliminations and Other (1) |  | Total
Revenues |  | $ | 1,242,848 |  |  | $ | 46,735 |  |  | $ | 125,910 |  |  |  |  |  |  | $ | (105,125) |  |  | $ | 1,310,368 |
Cost of revenues (excluding depreciation) |  | 1,086,074 |  |  | 24,077 |  |  | 93,387 |  |  |  |  |  |  | (105,116) |  |  | 1,098,422 |
Operating expense (excluding depreciation) |  | 55,613 |  |  | 3,754 |  |  | 18,692 |  |  |  |  |  |  | — |  |  | 78,059 |
Depreciation and amortization |  | 14,748 |  |  | 5,545 |  |  | 2,630 |  |  |  |  |  |  | 695 |  |  | 23,618 |
Loss on sale of assets, net |  | — |  |  | 2 |  |  | — |  |  |  |  |  |  | — |  |  | 2 |
General and administrative expense (excluding depreciation) |  | — |  |  | — |  |  | — |  |  |  |  |  |  | 12,473 |  |  | 12,473 |
Acquisition and integration costs |  | — |  |  | — |  |  | — |  |  |  |  |  |  | 1 |  |  | 1 |
Operating income (loss) |  | $ | 86,413 |  |  | $ | 13,357 |  |  | $ | 11,201 |  |  |  |  |  |  | $ | (13,178) |  |  | $ | 97,793 |
Interest expense and financing costs, net |  |  |  |  |  |  |  |  |  |  |  |  |  | (15,374) |
Debt extinguishment and commitment costs |  |  |  |  |  |  |  |  |  |  |  |  |  | (9) |
Other expense, net |  |  |  |  |  |  |  |  |  |  |  |  |  | (22) |
Income before income taxes |  |  |  |  |  |  |  |  |  |  |  |  |  | 82,388 |
Income tax expense |  |  |  |  |  |  |  |  |  |  |  |  |  | (586) |
Net income |  |  |  |  |  |  |  |  |  |  |  |  |  | $ | 81,802 |
Capital expenditures |  | $ | 3,164 |  |  | $ | 1,353 |  |  | $ | 2,255 |  |  |  |  |  |  | $ | 236 |  |  | $ | 7,008 |
________________________________________________________ (1)Includes eliminations of intersegment revenues and cost of revenues of $130.4 million and $105.1 million for the three months ended September 30, 2022 and 2021, respectively.
Nine Months Ended September 30, 2022 |  | Refining |  | Logistics |  | Retail |  |  |  |  |  | Corporate, Eliminations and Other (1) |  | Total
Revenues |  | $ | 5,318,379 |  |  | $ | 147,729 |  |  | $ | 424,505 |  |  |  |  |  |  | $ | (377,703) |  |  | $ | 5,512,910 |
Cost of revenues (excluding depreciation) |  | 4,772,511 |  |  | 77,970 |  |  | 329,058 |  |  |  |  |  |  | (377,739) |  |  | 4,801,800 |
Operating expense (excluding depreciation) |  | 180,450 |  |  | 11,280 |  |  | 60,345 |  |  |  |  |  |  | — |  |  | 252,075 |
Depreciation and amortization |  | 48,854 |  |  | 15,357 |  |  | 8,156 |  |  |  |  |  |  | 2,121 |  |  | 74,488 |
Loss (gain) on sale of assets, net |  | — |  |  | (253) |  |  | 56 |  |  |  |  |  |  | 27 |  |  | (170) |
General and administrative expense (excluding depreciation) |  | — |  |  | — |  |  | — |  |  |  |  |  |  | 47,550 |  |  | 47,550 |
Acquisition and integration costs |  | — |  |  | — |  |  | — |  |  |  |  |  |  | 63 |  |  | 63 |
Operating income (loss) |  | $ | 316,564 |  |  | $ | 43,375 |  |  | $ | 26,890 |  |  |  |  |  |  | $ | (49,725) |  |  | $ | 337,104 |
Interest expense and financing costs, net |  |  |  |  |  |  |  |  |  |  |  |  |  | (51,400) |
Debt extinguishment and commitment costs |  |  |  |  |  |  |  |  |  |  |  |  |  | (5,329) |
Other expense, net |  |  |  |  |  |  |  |  |  |  |  |  |  | (149) |
Income before income taxes |  |  |  |  |  |  |  |  |  |  |  |  |  | 280,226 |
Income tax expense |  |  |  |  |  |  |  |  |  |  |  |  |  | (756) |
Net income |  |  |  |  |  |  |  |  |  |  |  |  |  | $ | 279,470 |
Capital expenditures |  | $ | 25,249 |  |  | $ | 6,877 |  |  | $ | 5,224 |  |  |  |  |  |  | $ | 708 |  |  | $ | 38,058 |
Nine Months Ended September 30, 2021 |  | Refining |  | Logistics |  | Retail |  |  |  |  |  | Corporate, Eliminations and Other (1) |  | Total
Revenues |  | $ | 3,237,450 |  |  | $ | 136,750 |  |  | $ | 335,544 |  |  |  |  |  |  | $ | (293,171) |  |  | $ | 3,416,573 |
Cost of revenues (excluding depreciation) |  | 3,160,348 |  |  | 71,473 |  |  | 245,930 |  |  |  |  |  |  | (293,168) |  |  | 3,184,583 |
Operating expense (excluding depreciation) |  | 156,895 |  |  | 11,144 |  |  | 53,029 |  |  |  |  |  |  | — |  |  | 221,068 |
Depreciation and amortization |  | 43,373 |  |  | 16,176 |  |  | 8,164 |  |  |  |  |  |  | 2,333 |  |  | 70,046 |
Gain on sale of assets, net |  | (19,595) |  |  | (19) |  |  | (44,786) |  |  |  |  |  |  | — |  |  | (64,400) |
General and administrative expense (excluding depreciation) |  | — |  |  | — |  |  | — |  |  |  |  |  |  | 36,559 |  |  | 36,559 |
Acquisition and integration costs |  | — |  |  | — |  |  | — |  |  |  |  |  |  | 87 |  |  | 87 |
Operating income (loss) |  | $ | (103,571) |  |  | $ | 37,976 |  |  | $ | 73,207 |  |  |  |  |  |  | $ | (38,982) |  |  | $ | (31,370) |
Interest expense and financing costs, net |  |  |  |  |  |  |  |  |  |  |  |  |  | (50,711) |
Debt extinguishment and commitment costs |  |  |  |  |  |  |  |  |  |  |  |  |  | (8,144) |
Gain on curtailment of pension obligation |  |  |  |  |  |  |  |  |  |  |  |  |  | 2,032 |
Other income, net |  |  |  |  |  |  |  |  |  |  |  |  |  | 3 |
Loss before income taxes |  |  |  |  |  |  |  |  |  |  |  |  |  | (88,190) |
Income tax expense |  |  |  |  |  |  |  |  |  |  |  |  |  | (1,193) |
Net loss |  |  |  |  |  |  |  |  |  |  |  |  |  | $ | (89,383) |
Capital expenditures |  | $ | 10,171 |  |  | $ | 5,316 |  |  | $ | 4,830 |  |  |  |  |  |  | $ | 698 |  |  | $ | 21,015 |
________________________________________________________ (1)Includes eliminations of intersegment revenues and cost of revenues of $377.7 million and $293.2 million for the nine months ended September 30, 2022 and 2021, respectively.

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