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2. PACIFIC ETHANOL CENTRAL PLANTS (Tables)
12 Months Ended
Dec. 31, 2015
Pacific Ethanol Central Plants  
Value and classification of assets that are collateral for obligations of New PE Holdco
     
Cash and cash equivalents  $18,756 
Accounts receivable   10,430 
Inventory   29,483 
Other current assets   8,304 
Total current assets   66,973 
Property and equipment   312,781 
Net deferred tax assets   12,159 
Other assets   750 
Total assets acquired  $392,663 
      
Accounts payable and accrued liabilities  $27,780 
Long-term debt - revolvers   13,721 
Long-term debt - term debt   142,744 
Pension plan liabilities   8,518 
Other non-current liabilities   25,327 
Total liabilities  $218,090 
      
Net assets acquired  $174,573 
Pro forma financial information regarding the acquisition
   Years Ended December 31, 
   2015   2014 
         
Net sales – pro forma  $1,484,676   $1,695,440 
Cost of goods sold – pro forma  $1,469,512   $1,528,387 
Selling, general and administrative expenses – pro forma  $34,735   $47,796 
Net income (loss) – pro forma  $(34,136)  $12,596 
Diluted net income (loss) per share – pro forma  $(0.81)  $0.31 
Diluted weighted-average shares – pro forma   42,053    40,428