10. EARNINGS PER SHARE (Tables)

6 Months Ended

Jun. 30, 2015

Earnings Per Share [Abstract]

Computation of basic and diluted earnings per share

	Three Months Ended June 30, 2015
	Income Numerator			Shares Denominator		Per-Share Amount
Net income attributed to Pacific Ethanol	$	1,010
Less: Preferred stock dividends		(315	)
Basic income per share:
Income available to common stockholders	$	695			24,268	$	0.03
Add: Warrants		–			569
Diluted income per share:
Income available to common stockholders	$	695			24,837	$	0.03

	Three Months Ended June 30, 2014
	Income Numerator			Shares Denominator		Per-Share Amount
Net income attributed to Pacific Ethanol	$	15,572
Less: Preferred stock dividends		(315	)
Basic income per share:
Income available to common stockholders	$	15,257			19,903	$	0.77
Add: Warrants		–			2,373
Diluted income per share:
Income available to common stockholders	$	15,257			22,276	$	0.68

	Six Months Ended June 30, 2015
	Loss Numerator			Shares Denominator		Per-Share Amount
Net loss attributed to Pacific Ethanol	$	(3,370	)
Less: Preferred stock dividends		(627	)
Basic and diluted loss per share:
Loss available to common stockholders	$	(3,997	)		24,589	$	(0.16	)

	Six Months Ended June 30, 2014
	Income Numerator			Shares Denominator		Per-Share Amount
Net income attributed to Pacific Ethanol	$	4,746
Less: Preferred stock dividends		(627	)
Basic income per share:
Income available to common stockholders	$	4,119			18,053	$	0.23
Add: Warrants		–			2,461
Diluted income per share:
Income available to common stockholders	$	4,119			20,514	$	0.20