NET INCOME PER SHARE OF PBF ENERGY (Details) - USD ($) $ / shares in Units, $ in Millions |
3 Months Ended | 9 Months Ended | |||||||
---|---|---|---|---|---|---|---|---|---|
Sep. 30, 2019 |
Sep. 30, 2018 |
Sep. 30, 2019 |
Sep. 30, 2018 |
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Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items] | |||||||||
Statutory tax rate | 26.50% | 26.40% | |||||||
Basic Earnings Per Share: | |||||||||
Net income attributable to PBF Energy | $ 69.5 | $ 179.6 | $ 266.4 | $ 482.1 | |||||
Undistributed Earnings (Loss) Allocated to Participating Securities, Basic | $ 0.2 | $ 0.2 | $ 0.4 | $ 0.6 | |||||
Denominator for basic net income per Class A common share-weighted average shares (in shares) | 119,921,346 | 117,029,486 | 119,897,504 | 113,597,970 | |||||
Basic net income attributable to PBF Energy per Class A common share (in usd per share) | $ 0.58 | $ 1.53 | $ 2.22 | $ 4.24 | |||||
Net Income (Loss) Available to Common Stockholders, Basic | $ 69.3 | $ 179.4 | $ 266.0 | $ 481.5 | |||||
Diluted Earnings Per Share: | |||||||||
Plus: Net income attributable to noncontrolling interest | [1] | 0.9 | 2.4 | 3.6 | 9.8 | ||||
Less: Income tax on net income attributable to noncontrolling interest | [1] | (0.3) | (0.7) | (0.9) | (2.6) | ||||
Numerator for diluted net income per Class A common share | [1] | $ 69.9 | $ 181.1 | $ 268.7 | $ 488.7 | ||||
Denominator for basic net income per Class A common share-weighted average shares (in shares) | 119,921,346 | 117,029,486 | 119,897,504 | 113,597,970 | |||||
Effect of dilutive securities: | |||||||||
Conversion of PBF LLC Series A Units | [2] | 1,206,325 | 1,206,326 | 1,206,325 | 2,184,690 | ||||
Effect of dilutive securities on common stock equivalents (in shares) | [2] | 461,508 | 2,169,503 | 768,035 | 1,592,510 | ||||
Denominator for diluted net income per PBF Energy Class A common share-adjusted weighted average shares | 121,589,179 | 120,405,315 | 121,871,864 | 117,375,170 | |||||
Diluted net income attributable to PBF Energy per Class A common share (in usd per share) | $ 0.57 | $ 1.50 | $ 2.20 | $ 4.16 | |||||
Stock Options [Member] | |||||||||
Effect of dilutive securities: | |||||||||
Antidilutive common stock excluded from computation of dilutive earnings per share (in shares) | 7,739,275 | 15,000 | 6,003,867 | 25,000 | |||||
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