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