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Consolidated Statements Of Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Sales and other revenues $ 3,585,823 $ 5,317,555 $ 10,294,361 $ 15,481,208
Operating costs and expenses:        
Cost of products sold (exclusive of depreciation and amortization) 2,653,859 4,625,893 7,792,707 13,439,359
Lower of cost or market inventory valuation adjustment 225,451 0 83,425 0
Costs of products sold, net 2,879,310 4,625,893 7,876,132 13,439,359
Operating expenses (exclusive of depreciation and amortization) 265,398 280,957 775,159 826,577
General and Administrative Expense 30,746 27,149 86,432 82,437
Depreciation and amortization 87,764 80,945 255,579 262,883
Total operating costs and expenses 3,263,218 5,014,944 8,993,302 14,611,256
Income from operations 322,605 302,611 1,301,059 869,952
Other income (expense):        
Earnings (loss) of equity method investments 1,269 (1,247) (5,907) (2,956)
Interest income 673 1,004 2,403 3,593
Interest expense (11,102) (11,038) (31,813) (33,521)
Loss on early extinguishment of debt 0 0 (1,370) (7,677)
Gain (loss) on sale of assets 7,228 (556) 8,867 (556)
Other income (expense) total (1,932) (11,837) (27,820) (41,117)
Income before income taxes 320,673 290,774 1,273,239 828,835
Income tax provision (benefit):        
Current 215,381 91,867 509,956 294,331
Deferred (105,315) 11,349 (63,172) (2,169)
Income tax provision total 110,066 103,216 446,784 292,162
Net income 210,607 187,558 826,455 536,673
Less net income attributable to noncontrolling interest 14,285 12,552 42,433 33,177
Net income attributable to HollyFrontier stockholders $ 196,322 $ 175,006 $ 784,022 $ 503,496
Earnings per share attributable to HollyFrontier stockholders:        
Basic $ 1.05 $ 0.88 $ 4.09 $ 2.54
Diluted 1.04 0.88 4.09 2.53
Cash dividends declared per common share $ 0.33 $ 0.82 $ 0.98 $ 2.44
Average number of common shares outstanding:        
Basic 187,208 197,261 191,182 197,895
Diluted 187,344 197,535 191,282 198,096