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Stockholders' Equity
3 Months Ended
Mar. 31, 2025
Stockholders' Equity Note [Abstract]  
Stockholders' Equity STOCKHOLDERS’ EQUITY
Green Plains Partners Merger
As a result of the Merger, for the three months ended March 31, 2024, the company issued approximately 4.7 million shares of common stock and recorded par value $0.001 per share, paid cash consideration of $29.2 million, extinguished the non-controlling interest attributed to the partnership common units held by the public of $133.8 million, and capitalized transaction costs of $7.5 million, within additional paid-in capital. Refer to Note 3 - Acquisition included herein for more information.
Components of stockholders’ equity for the three months ended March 31, 2025 and 2024 are as follows (in thousands):
Common StockAdditional
Paid-in
Capital
Retained DeficitAccumulated Other
Comprehensive Income (Loss)
Treasury StockTotal
Green Plains
Stockholders'
Equity
Non-
Controlling
Interests
Total
Stockholders'
Equity
SharesAmountSharesAmount
Balance, December 31, 202467,512 $68 $1,213,646 $(318,298)$973 2,805 $(31,174)$865,215 $9,322 $874,537 
Net loss— — — (72,906)— — — (72,906)265 (72,641)
Other comprehensive loss before reclassification— — — — (2,307)— — (2,307)— (2,307)
Amounts reclassified from accumulated other comprehensive loss— — — — 37 — — 37 — 37 
Other comprehensive loss, net of tax— — — — (2,270)— — (2,270)— (2,270)
Investment in subsidiaries— — — — — — — — 94 94 
Stock-based compensation688 — 7,468 — — — — 7,468 — 7,468 
Balance, March 31, 202568,200 $68 $1,221,114 $(391,204)$(1,297)2,805 $(31,174)$797,507 $9,681 $807,188 
Common StockAdditional
Paid-in
Capital
Retained DeficitAccumulated Other
Comprehensive Loss
Treasury StockTotal
Green Plains
Stockholders'
Equity
Non-
Controlling
Interests
Total
Stockholders'
Equity
SharesAmountSharesAmount
Balance, December 31, 202362,327 $62 $1,113,806 $(235,801)$(3,160)2,805 $(31,174)$843,733 $146,323 $990,056 
Net loss— — — (51,412)— — — (51,412)290 (51,122)
Cash dividends and distributions declared— — — — — — — — — — 
Other comprehensive loss before reclassification— — — — (6,043)— — (6,043)— (6,043)
Amounts reclassified from accumulated other comprehensive loss— — — — 5,305 — — 5,305 — 5,305 
Other comprehensive loss, net of tax— — — — (738)— — (738)— (738)
Investment in subsidiaries— — — — — — — — 166 166 
Partnership Merger4,746 97,035 — — — — 97,040 (133,765)(36,725)
Stock-based compensation349 — (1,169)— — — — (1,169)— (1,169)
Balance, March 31, 202467,422 $67 $1,209,672 $(287,213)$(3,898)2,805 $(31,174)$887,454 $13,014 $900,468 
Amounts reclassified from accumulated other comprehensive loss are as follows (in thousands):
Three Months Ended
March 31,
Statements of
Operations
Classification
20252024
Gains (losses) on cash flow hedges
Commodity derivatives$(25)$3,736 
(1)
Commodity derivatives(24)(10,723)
(2)
Total losses on cash flow hedges(49)(6,987)
(3)
Income tax benefit12 1,682 
(4)
Amounts reclassified from accumulated other comprehensive loss$(37)$(5,305)
(1)Revenues
(2)Costs of goods sold
(3)Loss before income taxes and loss from equity method investees
(4)Income tax benefit