XML 40 R29.htm IDEA: XBRL DOCUMENT
v3.20.2

Segment Information (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2020
Segment Information [Abstract] |
Summary Of Financial Data |
| Three Months Ended ‎September 30, |  | Nine Months Ended ‎September 30,
| 2020 |  | 2019 |  | 2020 |  | 2019
Revenues: |  |  |  |  |  |  |  |  |  |  |
Ethanol production: |  |  |  |  |  |  |  |  |  |  |
Revenues from external customers | $ | 332,953 |  | $ | 484,382 |  | $ | 1,099,170 |  | $ | 1,206,107
Intersegment revenues |  | 25 |  |  | 24 |  |  | 75 |  |  | 75
Total segment revenues |  | 332,978 |  |  | 484,406 |  |  | 1,099,245 |  |  | 1,206,182
Agribusiness and energy services: |  |  |  |  |  |  |  |  |  |  |
Revenues from external customers |  | 90,074 |  |  | 146,650 |  |  | 342,078 |  |  | 488,687
Intersegment revenues |  | 5,354 |  |  | 7,293 |  |  | 17,030 |  |  | 19,432
Total segment revenues |  | 95,428 |  |  | 153,943 |  |  | 359,108 |  |  | 508,119
Food and ingredients: |  |  |  |  |  |  |  |  |  |  |
Revenues from external customers |  | - |  |  | - |  |  | - |  |  | 1,451
Intersegment revenues |  | - |  |  | - |  |  | - |  |  | -
Total segment revenues |  | - |  |  | - |  |  | - |  |  | 1,451
Partnership: |  |  |  |  |  |  |  |  |  |  |
Revenues from external customers |  | 1,035 |  |  | 1,318 |  |  | 3,707 |  |  | 5,315
Intersegment revenues |  | 20,347 |  |  | 18,836 |  |  | 58,327 |  |  | 56,751
Total segment revenues |  | 21,382 |  |  | 20,154 |  |  | 62,034 |  |  | 62,066
Revenues including intersegment activity |  | 449,788 |  |  | 658,503 |  |  | 1,520,387 |  |  | 1,777,818
Intersegment eliminations |  | (25,726) |  |  | (26,153) |  |  | (75,432) |  |  | (76,258)
Total Revenues | $ | 424,062 |  | $ | 632,350 |  | $ | 1,444,955 |  | $ | 1,701,560
Refer to Note 2 - Revenue, for further disaggregation of revenue by operating segment. ‎
| Three Months Ended ‎September 30, |  | Nine Months Ended ‎September 30,
| 2020 |  | 2019 |  | 2020 |  | 2019
Cost of goods sold: |  |  |  |  |  |  |  |  |  |  |
Ethanol production | $ | 330,162 |  | $ | 512,527 |  | $ | 1,103,486 |  | $ | 1,289,366
Agribusiness and energy services |  | 87,027 |  |  | 150,465 |  |  | 339,332 |  |  | 486,305
Food and ingredients |  | - |  |  | 3 |  |  | - |  |  | 1,526
Intersegment eliminations |  | (23,256) |  |  | (30,866) |  |  | (70,761) |  |  | (76,716)
| $ | 393,933 |  | $ | 632,129 |  | $ | 1,372,057 |  | $ | 1,700,481
| Three Months Ended ‎September 30, |  | Nine Months Ended ‎September 30,
| 2020 |  | 2019 |  | 2020 |  | 2019
Operating income (loss): |  |  |  |  |  |  |  |  |  |  |
Ethanol production (1) | $ | (21,351) |  | $ | (49,289) |  | $ | (100,924) |  | $ | (147,366)
Agribusiness and energy services |  | 4,296 |  |  | (461) |  |  | 7,207 |  |  | 9,184
Food and ingredients |  | - |  |  | (6) |  |  | - |  |  | (76)
Partnership |  | 12,986 |  |  | 12,322 |  |  | 37,641 |  |  | 38,029
Intersegment eliminations |  | (2,447) |  |  | 4,738 |  |  | (4,597) |  |  | 533
Corporate activities |  | (7,689) |  |  | (9,669) |  |  | (27,228) |  |  | (27,952)
| $ | (14,205) |  | $ | (42,365) |  | $ | (87,901) |  | $ | (127,648)
(1)For the nine months ended September 30, 2020, operating loss for ethanol production includes a goodwill impairment charge of $24.1 million.
| Three Months Ended ‎September 30, |  | Nine Months Ended ‎September 30,
| 2020 |  | 2019 |  | 2020 |  | 2019
Depreciation and amortization: |  |  |  |  |  |  |  |  |  |  |
Ethanol production | $ | 17,493 |  | $ | 15,547 |  | $ | 50,575 |  | $ | 46,324
Agribusiness and energy services |  | 655 |  |  | 541 |  |  | 1,764 |  |  | 1,642
Partnership |  | 940 |  |  | 991 |  |  | 2,867 |  |  | 2,747
Corporate activities |  | 665 |  |  | 749 |  |  | 2,002 |  |  | 2,250
| $ | 19,753 |  | $ | 17,828 |  | $ | 57,208 |  | $ | 52,963
Summary Of Total Assets For Operating Segments |
| September 30, 2020 |  | December 31, 2019
Total assets (1): |  |  |  |  |
Ethanol production | $ | 916,168 |  | $ | 884,293
Agribusiness and energy services |  | 293,868 |  |  | 410,400
Partnership |  | 87,299 |  |  | 90,011
Corporate assets |  | 256,063 |  |  | 324,280
Intersegment eliminations |  | (15,978) |  |  | (10,766)
| $ | 1,537,420 |  | $ | 1,698,218
(1)Asset balances by segment exclude intercompany balances.

X
- Definition Tabular disclosure of all significant reconciling items in the reconciliation of total assets from reportable segments to the entity's consolidated assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8906-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8924-108599 + Details
Name: | us-gaap_ReconciliationOfAssetsFromSegmentToConsolidatedTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of all significant reconciling items in the reconciliation of total revenues from reportable segments to the entity's consolidated revenues. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8924-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8906-108599 + Details
Name: | us-gaap_ReconciliationOfRevenueFromSegmentsToConsolidatedTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_SegmentReportingAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration