Stockholders' Equity (Tables)

9 Months Ended

Sep. 30, 2020


								Accum.					Total
				Additional				Other					Green Plains		Non-		Total
	Common Stock			Paid-in		Retained		Comp.		Treasury Stock			Stockholders'		Controlling		Stockholders'
	Shares	Amount		Capital		Earnings		Income		Shares	Amount		Equity		Interests		Equity

Balance, January 1, 2020	46,964	$	47	$	734,580	$	148,150	$	(11,064)	10,932	$	(119,808)	$	751,905	$	113,381	$	865,286
Net income (loss)	-		-		-		(16,445)		-	-		-		(16,445)		6,098		(10,347)
Distributions declared	-		-		-		-		-	-		-		-		(5,498)		(5,498)
Other comprehensive loss ‎before reclassification	-		-		-		-		4,532	-		-		4,532		-		4,532
Amounts reclassified from ‎ accumulated other ‎comprehensive loss	-		-		-		-		(4,485)	-		-		(4,485)		-		(4,485)
Other comprehensive income, ‎net of tax	-		-		-		-		47	-		-		47		-		47
Share of equity method investees other comprehensive loss arising during the period, net of tax	-		-		-		-		41,956	-		-		41,956		-		41,956
Repurchase of common stock	-		-		-		-		-	881		(11,479)		(11,479)		-		(11,479)
Stock-based compensation	343		-		36		-		-	-		-		36		79		115
Balance, March 31, 2020	47,307		47		734,616		131,705		30,939	11,813		(131,287)		766,020		114,060		880,080
Net income (loss)	-		-		-		(8,214)		-	-		-		(8,214)		2,740		(5,474)
Distributions declared	-		-		-		-		-	-		-		-		(1,389)		(1,389)
Other comprehensive loss ‎before reclassification	-		-		-		-		(1,333)	-		-		(1,333)		-		(1,333)
Amounts reclassified from ‎ accumulated other ‎comprehensive loss	-		-		-		-		(7)	-		-		(7)		-		(7)
Other comprehensive income, ‎net of tax	-		-		-		-		(1,340)	-		-		(1,340)		-		(1,340)
Share of equity method investees other comprehensive loss arising during the period, net of tax	-		-		-		-		(16,759)	-		-		(16,759)		-		(16,759)
Stock-based compensation	160		-		2,072		-		-	-		-		2,072		80		2,152
Balance, June 30, 2020	47,467		47		736,688		123,491		12,840	11,813		(131,287)		741,779		115,491		857,270
Net income (loss)	-		-		-		(34,486)		-	-		-		(34,486)		3,753		(30,733)
Distributions declared	-		-		-		-		-	-		-		-		(1,394)		(1,394)
Other comprehensive loss ‎before reclassification	-		-		-		-		(2,696)	-		-		(2,696)		-		(2,696)
Amounts reclassified from ‎ accumulated other ‎comprehensive loss	-		-		-		-		-	-		-		-		-		-
Other comprehensive income, ‎net of tax	-		-		-		-		(2,696)	-		-		(2,696)		-		(2,696)
Share of equity method investees other comprehensive loss arising during the period, net of tax	-		-		-		-		(21,057)	-		-		(21,057)		-		(21,057)
Stock-based compensation	-		-		2,086		-		-	-		-		2,086		79		2,165
Balance, September 30, 2020	47,467	$	47	$	738,774	$	89,005	$	(10,913)	11,813	$	(131,287)	$	685,626	$	117,929	$	803,555

‎


								Accum.					Total
				Additional				Other					Green Plains		Non-		Total
	Common Stock			Paid-in		Retained		Comp.		Treasury Stock			Stockholders'		Controlling		Stockholders'
	Shares	Amount		Capital		Earnings		Income		Shares	Amount		Equity		Interests		Equity

Balance, January 1, 2019	46,638	$	47	$	696,222	$	324,728	$	(16,016)	5,536	$	(58,162)	$	946,819	$	116,170	$	1,062,989
Net income (loss)	-		-		-		(42,799)		-	-		-		(42,799)		4,928		(37,871)
Cash dividends and ‎distributions declared	-		-		-		(4,847)		-	-		-		(4,847)		(5,487)		(10,334)
Other comprehensive loss ‎before reclassification	-		-		-		-		(6,883)	-		-		(6,883)		-		(6,883)
Amounts reclassified from ‎ accumulated other ‎comprehensive loss	-		-		-		-		10,376	-		-		10,376		-		10,376
Other comprehensive income, ‎net of tax	-		-		-		-		3,493	-		-		3,493		-		3,493
Proceeds from disgorgement of shareholders short-swing profits, net⁽¹⁾	-		-		5,023		-		-	-		-		5,023		-		5,023
Stock-based compensation	284		-		428		-		-	-		-		428		79		507
Balance, March 31, 2019	46,922		47		701,673		277,082		(12,523)	5,536		(58,162)		908,117		115,690		1,023,807
Net income (loss)	-		-		-		(45,342)		-	-		-		(45,342)		5,163		(40,179)
Cash dividends and ‎distributions declared	-		-		-		(4,871)		-	-		-		(4,871)		(5,487)		(10,358)
Other comprehensive loss ‎before reclassification	-		-		-		-		33,260	-		-		33,260		-		33,260
Amounts reclassified from ‎ accumulated other ‎comprehensive loss	-		-		-		-		3,440	-		-		3,440		-		3,440
Other comprehensive income, ‎net of tax	-		-		-		-		36,700	-		-		36,700		-		36,700
Issuance of 4.00% convertible notes due 2024, net of tax	-		-		22,537		-		-	-		-		22,537		-		22,537
Settlement of 3.25% convertible ‎notes due 2019, net of tax	-		-		(271)		-		-	-		-		(271)		-		(271)
Repurchase of common stock	-		-		-		-		-	3,197		(39,870)		(39,870)		-		(39,870)
Stock-based compensation	(3)		-		2,129		-		-	-		-		2,129		79		2,208
Balance, June 30, 2019	46,919		47		726,068		226,869		24,177	8,733		(98,032)		879,129		115,445		994,574
Net income (loss)	-		-		-		(38,970)		-	-		-		(38,970)		3,479		(35,491)
Cash dividends and ‎distributions declared	-		-		-		-		-	-		-		-		(5,497)		(5,497)
Other comprehensive loss ‎before reclassification	-		-		-		-		28,095	-		-		28,095		-		28,095
Amounts reclassified from ‎ accumulated other ‎comprehensive loss	-		-		-		-		(53,255)	-		-		(53,255)		-		(53,255)
Other comprehensive income, ‎net of tax	-		-		-		-		(25,160)	-		-		(25,160)		-		(25,160)
Share of equity method investees other comprehensive loss arising during the period, net of tax	-		-		-		-		(10,771)	-		-		(10,771)		-		(10,771)
Issuance of 4.00% convertible notes due 2024, net of tax	-		-		2,231		-		-	-		-		2,231		-		2,231
Repurchase of common stock	-		-		-		-		-	1,663		(16,014)		(16,014)				(16,014)
Stock-based compensation	(4)		-		2,509		-		-	-		-		2,509		81		2,590
Balance, September 30, 2019	46,915	$	47	$	730,808	$	187,899	$	(11,754)	10,396	$	(114,046)	$	792,954	$	113,508	$	906,462

(1)During the three months ended March 31, 2019, the company received $6.7 million from a shareholder of the company for disgorgement of shareholder short-swing profits under Section 16(b) under the Exchange Act. The amount was recorded as an increase to additional paid-in capital, net of tax.

Reclassification From Accumulated Other Comprehensive Income (Loss)


	Three Months Ended ‎September 30,				Nine Months Ended ‎September 30,				Statements of ‎Operations
	2020		2019		2020		2019		Classification
Gains (losses) on cash flow hedges:
Commodity derivatives	$	-	$	-	$	8,824	$	-	⁽¹⁾
Commodity derivatives		-		-		(2,901)		-	⁽²⁾
Total gains on cash flow hedges from continuing operations		-		-		5,923		-	⁽³⁾

Income on cash flow hedges from discontinued operations, net of income taxes		-		53,255		-		39,439	⁽⁴⁾

Income tax expense		-		-		(1,431)		-	⁽⁵⁾
Amounts reclassified from accumulated other comprehensive income (loss)	$	-	$	53,255	$	4,492	$	39,439

(1)Revenues

(2)Costs of goods sold

(3)Loss from continuing operations before income taxes and income from equity method investees

(4)Net income from discontinued operations, net of income taxes

(5)Income tax benefit (expense)