9. EARNINGS PER SHARE (Tables)

3 Months Ended

Mar. 31, 2015

Earnings Per Share [Abstract]

Computation of basic and diluted earnings per share

The following tables compute basic and diluted earnings per share (in thousands, except per share data):

	Three Months Ended March 31, 2015
	Loss Numerator			Shares Denominator		Per-Share Amount
Net loss attributed to Pacific Ethanol, Inc.	$	(4,380	)
Less: Preferred stock dividends		(312	)
Basic and diluted loss per share:
Net loss attributed to common stockholders	$	(4,692	)		24,104	$	(0.19	)

	Three Months Ended March 31, 2014
	Loss Numerator			Shares Denominator		Per-Share Amount
Net loss attributed to Pacific Ethanol, Inc.	$	(10,826	)
Less: Preferred stock dividends		(312	)
Basic and diluted loss per share:
Net loss attributed to common stockholders	$	(11,138	)		16,181	$	(0.69	)