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CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 12 Months Ended
Dec. 31, 2011
Sep. 30, 2011
Jun. 30, 2011
Mar. 31, 2011
Dec. 31, 2010
Sep. 30, 2010
Jun. 30, 2010
Mar. 31, 2010
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Net sales $ 1,062,168 $ 1,351,964 $ 1,447,716 $ 1,167,265 $ 1,148,184 $ 1,031,174 $ 1,005,898 $ 894,512 $ 5,029,113 $ 4,079,768 $ 3,136,329
Operating costs and expenses:                      
Cost of product sold (exclusive of depreciation and amortization) 857,277 1,026,040 1,123,375 936,822 983,726 889,850 891,652 802,890 3,943,514 3,568,118 2,547,695
Direct operating expenses (exclusive of depreciation and amortization) 124,796 74,615 66,207 68,434 64,216 52,534 62,479 60,562 334,052 239,791 226,657
Insurance recovery - business interruption   (490)   (2,870)         (3,360)    
Selling, general and administrative expenses (exclusive of depreciation and amortization) 28,973 17,584 18,171 33,262 43,450 16,397 10,793 21,394 97,990 92,034 68,918
Depreciation and amortization 24,242 22,025 22,043 22,011 22,005 21,943 21,553 21,260 90,321 86,761 84,873
Total operating costs and expenses 1,035,288 1,139,774 1,229,796 1,057,659 1,113,397 980,724 986,477 906,106 4,462,517 3,986,704 2,928,143
Operating income 26,880 212,190 217,920 109,606 34,787 50,450 19,421 (11,594) 566,596 93,064 208,186
Other income (expense):                      
Interest expense and other financing costs (14,657) (13,757) (14,205) (13,190) (13,717) (13,863) (12,766) (9,922) (55,809) (50,268) (44,237)
Interest income (89) 93 211 274 603 549 643 416 489 2,211 1,717
Gain (loss) on derivatives, net 103,179 (9,925) 6,932 (22,106) (9,320) (1,014) 7,339 1,490 78,080 (1,505) (65,286)
Loss on extinguishment of debt     (170) (1,908) (1,595)   (14,552) (500) (2,078) (16,647) (2,101)
Other income, net 124 243 246 231 517 17 642 42 844 1,218 310
Total other income (expense) 88,557 (23,346) (6,986) (36,699) (23,512) (14,311) (18,694) (8,474) 21,526 (64,991) (109,597)
Income before income taxes 115,437 188,844 210,934 72,907 11,275 36,139 727 (20,068) 588,122 28,073 98,589
Income tax expense 37,103 68,603 76,738 27,119 8,981 12,932 (425) (7,705) 209,563 13,783 29,235
Net income 78,334 120,241 134,196 45,788 2,294 23,207 1,152 (12,363) 378,559 14,290 69,354
Less: Net income attributable to noncontrolling interest 12,476 10,976 9,331           32,783    
Net income attributable to CVR Energy Stockholders $ 65,858 $ 109,265 $ 124,865 $ 45,788         $ 345,776 $ 14,290 $ 69,354
Basic earnings per share (in dollars per share) $ 0.76 $ 1.26 $ 1.44 $ 0.53 $ 0.03 $ 0.27 $ 0.01 $ (0.14) $ 4.00 $ 0.17 $ 0.80
Diluted earnings per share (in dollars per share) $ 0.75 $ 1.25 $ 1.42 $ 0.52 $ 0.03 $ 0.27 $ 0.01 $ (0.14) $ 3.94 $ 0.16 $ 0.80
Weighted-average common shares outstanding:                      
Basic (in shares) 86,852,800 86,549,846 86,422,881 86,413,781 86,352,627 86,343,102 86,336,125 86,329,237 86,493,735 86,340,342 86,248,205
Diluted (in shares) 87,746,843 87,743,600 87,789,351 87,783,857 87,121,094 87,013,575 86,506,590 86,329,237 87,766,573 86,789,179 86,342,433