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UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Revenues:        
Billings to KSA and affiliates $ 760,614 $ 852,901 $ 2,035,542 $ 2,619,196
Costs and expenses:        
General and administrative 4,162 4,630 10,649 12,860
Depreciation and amortization 6,936 6,008 21,289 16,109
Total costs and expenses 756,689 849,908 2,032,467 2,605,095
Operating earnings 3,925 2,993 3,075 14,101
Other income (expense):        
Interest and other income 119 338 893 665
Interest expense (1,027) (119) (2,525) (369)
Total other (expense) income, net (908) 219 (1,632) 296
Earnings before income taxes 3,017 3,212 1,443 14,397
Income tax (provision) benefit (759) (1,022) (357) (3,641)
Net earnings $ 2,258 $ 2,190 $ 1,086 $ 10,756
Earnings per share:        
Basic net earnings per common share (in dollars per share) $ 0.89 $ 0.50 $ 0.43 $ 2.46
Diluted net earnings per common share (in dollars per share) 0.88 0.50 0.42 2.44
Dividends per common share (in dollars per share) $ 0.24 $ 0.24 $ 0.72 $ 0.72
Marketing        
Revenues:        
Billings to KSA and affiliates $ 719,925 $ 814,394 $ 1,913,673 $ 2,524,465
Costs and expenses:        
Cost of goods and services sold 710,169 807,316 1,894,416 2,498,474
Transportation        
Revenues:        
Billings to KSA and affiliates 24,206 29,830 75,103 86,054
Costs and expenses:        
Cost of goods and services sold 19,642 23,732 62,315 68,271
Pipeline and storage        
Revenues:        
Billings to KSA and affiliates 59 0 308 0
Costs and expenses:        
Cost of goods and services sold 659 640 2,350 1,799
Logistics and repurposing        
Revenues:        
Billings to KSA and affiliates 16,424 8,677 46,458 8,677
Costs and expenses:        
Cost of goods and services sold $ 15,121 $ 7,582 $ 41,448 $ 7,582