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Consolidated Statements Of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Income Statement [Abstract]        
Sales and other revenues $ 4,685,059 $ 2,819,400 $ 12,766,475 $ 8,282,875
Operating costs and expenses:        
Cost of products sold (exclusive of lower of cost or market inventory valuation adjustment) 3,822,858 2,377,238 10,608,892 6,647,960
Lower of cost or market inventory valuation adjustment 0 (62,849) (318,862) 227,711
Total costs of products sold (exclusive of depreciation and amortization) 3,822,858 2,314,389 10,290,030 6,875,671
Operating expenses (exclusive of depreciation and amortization) 352,520 332,496 1,086,620 964,200
Selling, general and administrative expenses (exclusive of depreciation and amortization) 91,056 74,453 250,785 237,559
Depreciation and amortization 121,220 125,280 369,341 396,033
Long-lived asset impairment 0 0 0 436,908
Total operating costs and expenses 4,387,654 2,846,618 11,996,776 8,910,371
Income (loss) from operations 297,405 (27,218) 769,699 (627,496)
Other income (expense):        
Earnings of equity method investments 3,689 1,316 8,875 5,186
Interest income 1,018 1,011 3,078 6,590
Interest expense (26,892) (30,589) (94,220) (85,923)
Gain on business interruption insurance settlement 0 81,000 0 81,000
Gain on tariff settlement 0 0 51,500 0
Gain on sales-type leases 0 0 0 33,834
Loss on early extinguishment of debt 0 0 0 (25,915)
Gain (loss) on foreign currency transactions (3,492) 1,030 (4,226) (918)
Gain on sale of assets and other 85,779 1,368 95,596 4,790
Other income (expense) total 60,102 55,136 60,603 18,644
Income (loss) before income taxes 357,507 27,918 830,302 (608,852)
Income tax expense (benefit):        
Current (12,784) 35,826 (10,794) (41,221)
Deferred 67,550 (31,253) 160,738 (147,283)
Income tax expense (benefit) total 54,766 4,573 149,944 (188,504)
Net income (loss) 302,741 23,345 680,358 (420,348)
Less net income attributable to noncontrolling interest 21,954 25,746 82,504 63,353
Net income (loss) attributable to HollyFrontier stockholders $ 280,787 $ (2,401) $ 597,854 $ (483,701)
Earnings (loss) per share:        
Basic (in USD per share) $ 1.71 $ (0.01) $ 3.63 $ (2.99)
Diluted (in USD per share) $ 1.71 $ (0.01) $ 3.63 $ (2.99)
Average number of common shares outstanding:        
Basic (in shares) 162,551 162,015 162,518 161,927
Diluted (in shares) 162,551 162,015 162,518 161,927