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Summary of Significant Accounting Policies (Tables)
9 Months Ended
Sep. 30, 2021
Accounting Policies [Abstract]  
Restricted Cash See the table below for reconciliation of "Cash, Cash Equivalents and Restricted Cash" in the Condensed Consolidated Statements of Cash Flows:
September 30, 2021September 30, 2020
Cash and cash equivalents$585,575 $97,187 
Restricted cash4,556 3,000 
Total cash, cash equivalents and restricted cash in the Condensed Statements of Cash Flows$590,131 $100,187 
Activity Under Repurchase Agreements
The table below sets out the information regarding the activities under the 2019 and 2020 Programs during the three and nine months ended September 30, 2020:
Three months ended September 30, 2020Nine months ended September 30, 2020
Principal amount in 000'sJanuary 2019 ProgramFebruary 2020 ProgramPrincipal amount in 000'sJanuary 2019 ProgramFebruary 2020 Program
2036 Convertible Senior Notes Repurchases$5,000 $10,000 $8,086 $30,008 $67,804 $8,086 
Disaggregation of Revenue The following table depicts the disaggregation of revenue according to product line and segment:
Reportable Segments
Three months ended September 30, 2021Bio-based
Diesel
ServicesCorporate
and other
Intersegment
Revenues
Consolidated
Total
Bio-based diesel sales$677,506 $— $— $(1,278)$676,228 
Petroleum diesel sales— — 33,582 — 33,582 
LCFS credit sales27,921 — — — 27,921 
Separated RIN sales142,402 — — — 142,402 
Co-product sales25,519 — — — 25,519 
Raw material sales3,496 — — — 3,496 
Other bio-based diesel revenue9,903 — — — 9,903 
Other revenues— 99,442 — (99,438)
Total revenues from contracts with customers$886,747 $99,442 $33,582 $(100,716)$919,055 
Bio-based diesel government incentives87,287 — — — 87,287 
Total revenues$974,034 $99,442 $33,582 $(100,716)$1,006,342 
Three months ended September 30, 2020Bio-based DieselServicesCorporate and otherIntersegment RevenuesConsolidated Total
Bio-based diesel sales, net of BTC-related amount due to customers of $(19)
$387,239 $— $— $(3,490)$383,749 
Petroleum diesel sales— — 19,801 — 19,801 
LCFS credit sales32,636 — — — 32,636 
Separated RIN sales27,492 — — — 27,492 
Co-product sales11,732 — — — 11,732 
Raw material sales6,476 — — — 6,476 
Other bio-based diesel revenue10,883 — — — 10,883 
Other revenues— 21,483 — (21,378)105 
Total revenues from contracts with customers$476,458 $21,483 $19,801 $(24,868)$492,874 
Bio-based diesel government incentives79,484 — — — 79,484 
Total revenues$555,942 $21,483 $19,801 $(24,868)$572,358 
Reportable Segments
Nine months ended September 30, 2021Bio-based
Diesel
ServicesCorporate
and other
Intersegment
Revenues
Consolidated
Total
Bio-based diesel sales$1,600,395 $— $— $(3,695)$1,596,700 
Petroleum diesel sales— — 107,769 — 107,769 
Separated RIN sales239,391 — — — 239,391 
LCFS credit sales105,382 — — — 105,382 
Co-product sales54,735 — — — 54,735 
Raw material sales8,581 — — — 8,581 
Other bio-based diesel revenue27,380 — — — 27,380 
Other revenues— 136,202 — (136,144)58 
Total revenues from contracts with customers$2,035,864 $136,202 $107,769 $(139,839)$2,139,996 
Bio-based diesel government incentives222,309 — — — 222,309 
Total revenues$2,258,173 $136,202 $107,769 $(139,839)$2,362,305 
Nine months ended September 30, 2020Bio-based DieselServicesCorporate and otherIntersegment RevenuesConsolidated Total
Bio-based diesel sales, net of BTC-related amount due to customers of $1,085
$1,009,723 $— $— $(6,593)$1,003,130 
Petroleum diesel sales— — 86,633 — 86,633 
Separated RIN sales70,004 — — — 70,004 
LCFS credit sales97,379 — — — 97,379 
Co-product sales36,684 — — — 36,684 
Raw material sales25,122 — — — 25,122 
Other bio-based diesel revenue31,544 — — — 31,544 
Other revenues— 67,502 — (66,784)718 
Total revenues from contracts with customers$1,270,456 $67,502 $86,633 $(73,377)$1,351,214 
Bio-based diesel government incentives238,006 — — — 238,006 
Total revenues$1,508,462 $67,502 $86,633 $(73,377)$1,589,220 
Contract Balances
The following table provides information about receivables and contract liabilities from contracts with customers:
September 30, 2021December 31, 2020
Trade accounts receivable from customers$147,944 $74,774 
Short-term contract liabilities (deferred revenue)$(250)$(946)
Short-term contract liabilities (accounts payable)$(699)$(914)
Significant changes to the contract liabilities during the three and nine months ended September 30, 2021 and 2020 are as follows:
July 1, 2021Cash receipts
(Payments)
Less: Impact on
Revenue
OtherSeptember 30, 2021
Deferred revenue$1,117 $2,706 $3,573 $— $250 
Payables to customers related to BTC699 — — — 699 
 $1,816 $2,706 $3,573 $— $949 
July 1, 2020Cash receipts
(Payments)
Less: Impact on
Revenue
OtherSeptember 30, 2020
Deferred revenue$$4,371 $4,366 $— $
Payables to customers related to BTC75,330 (31,818)— — 43,512 
 $75,332 $(27,447)$4,366 $— $43,519 

January 1, 2021Cash receipts
(Payments)
Less: Impact on
Revenue
OtherSeptember 30, 2021
Deferred revenue$946 $20,633 $21,329 $— $250 
Payables to customers related to BTC914 (215)— — 699 
 $1,860 $20,418 $21,329 $— $949 
January 1, 2020Cash receipts
(Payments)
Less: Impact on
Revenue
OtherSeptember 30, 2020
Deferred revenue$631 $18,107 $18,731 $— $
Payables to customers related to BTC255,193 (214,637)— 2,956 43,512 
 $255,824 $(196,530)$18,731 $2,956 $43,519