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Acquisitions, Dispositions And Discontinued Operations (Tables)

12 Months Ended

Dec. 31, 2020

Summarized Results Of Discontinued Operations


	Year Ended December 31,
	2019⁽¹⁾		2018⁽¹⁾

Product revenues	$	638,122	$	884,072

Costs and expenses
Cost of goods sold (excluding depreciation and amortization expenses reflected below)		614,671		845,160
Selling, general and administrative expenses		5,931		7,775
Depreciation and amortization expenses		4,198		5,361
Total costs and expenses		624,800		858,296
Operating income		13,322		25,776

Other income (expense)
Interest income		182		147
Interest expense		(12,417)		(13,576)
Other, net		-		2,613
Total other expense		(12,235)		(10,816)
Income before income taxes		1,087		14,960
Income tax expense		(258)		(3,421)
Net income	$	829	$	11,539

(1)Product revenues, costs of goods sold and selling, general and administrative expenses include certain revenue and expense items which were previously considered intercompany transactions prior to the disposition of GPCC and therefore eliminated upon consolidation. These revenue and costs of goods sold transactions total $14.5 million and $24.6 million for the years ended December 31, 2019 and 2018, respectively.

Disposal Group, Not Discontinued Operations [Member]

Business Acquisition [Line Items]

Amounts Of Identifiable Assets Disposed And Liabilities Relinquished


Amounts of Identifiable Assets Disposed and Liabilities Relinquished
Cash		$	2,107
Accounts receivable, net			16,142
Inventory			15,167
Prepaid expenses and other			853
Property and equipment			64,552
Other assets			79,389

Current liabilities			(8,837)
Deferred tax liabilities			(26,617)
	Total identifiable net assets		142,756

Goodwill			142,002
	Net assets disposed	$	284,758

Hereford Ethanol Plant [Member] | Disposal Group, Not Discontinued Operations [Member]

Business Acquisition [Line Items]

Amounts Of Identifiable Assets Disposed And Liabilities Relinquished


Amounts of Identifiable Assets Disposed and Liabilities Relinquished
Inventory		$	8,140
Prepaid expenses and other			196
Property and equipment			54,279
Operating lease right-of-use-assets			5,096

Accrued and other liabilities			(870)
Operating lease current liabilities			(977)
Operating lease long-term liabilities			(4,201)
Long-term liabilities			(186)
	Total identifiable net assets disposed	$	61,477

Bluffton, Lakota and Riga Ethanol Plants [Member] | Disposal Group, Not Discontinued Operations [Member]

Business Acquisition [Line Items]

Amounts Of Identifiable Assets Disposed And Liabilities Relinquished


Amounts of Identifiable Assets Disposed and Liabilities Relinquished
Inventory		$	36,812
Prepaid expenses and other			189
Property and equipment			184,970
Other assets			1,717

Current liabilities			(746)
Other liabilities			(4,706)
	Total identifiable net assets		218,236

Goodwill			6,188
	Net assets disposed	$	224,424

Green Plains Cattle Company LLC [Member] | Disposal Group, Not Discontinued Operations [Member]

Business Acquisition [Line Items]

Amounts Of Identifiable Assets Disposed And Liabilities Relinquished


Amounts of Identifiable Assets Disposed and Liabilities Relinquished
Cash		$	2
Accounts receivable, net			17,920
Inventory			387,534
Derivative financial instruments			48,189
Property and equipment			71,678
Other assets			2,291

Current liabilities			(49,297)
Short-term notes payable and other borrowings			(38)
Current maturities of long-term debt			(324,028)
Long-term debt			(80)
Other liabilities			(403)
	Total identifiable net assets disposed	$	153,768

Asset Purchase Agreement With Bartlett Cattle Company L.P. [Member]

Business Acquisition [Line Items]

Schedule Of Identifiable Assets Acquired And Liabilities Assumed


Amounts of Identifiable Assets Acquired and Liabilities Assumed
Accounts receivable		$	1,897
Inventory			104,809
Property and equipment, net			16,190

Current liabilities			(118)
	Total identifiable net assets	$	122,778

Fluid Quip Technologies, LLC [Member]

Business Acquisition [Line Items]

Schedule Of Identifiable Assets Acquired And Liabilities Assumed


Amounts of Identifiable Assets Acquired and Liabilities Assumed
Cash and restricted cash		$	8,911
Accounts receivable⁽¹⁾			5,446
Inventory			3,037
Intangible assets			30,803
Other assets			2,059

Current liabilities⁽¹⁾			(13,708)
Other long term liabilities			(743)
	Total identifiable net assets	$	35,805

(1)Accounts receivable contain $3.4 million of pre-existing receivables owed by the company, and current liabilities contain $5.8 million in deferred revenues associated with services to be performed for the company. These net to $2.4 million in liabilities assumed that were effectively settled at the time of acquisition of FQT.