2. PACIFIC ETHANOL CENTRAL PLANTS (Tables)

12 Months Ended

Dec. 31, 2016

PE Central [Member]

Purchase price allocation

Cash and cash equivalents	$	18,756
Accounts receivable		10,430
Inventory		29,483
Other current assets		8,304
Total current assets		66,973
Property and equipment		312,781
Net deferred tax assets		12,159
Other assets		750
Total assets acquired	$	392,663
Accounts payable and accrued liabilities	$	27,780
Long-term debt - revolvers		13,721
Long-term debt - term debt		142,744
Pension plan liabilities		8,518
Other non-current liabilities		25,327
Total liabilities	$	218,090
Net assets acquired	$	174,573

Pro forma allocation

	Years Ended December 31,
	2015			2014
Net sales – pro forma	$	1,484,676		$	1,695,440
Cost of goods sold – pro forma	$	1,469,512		$	1,528,387
Selling, general and administrative expenses – pro forma	$	34,735		$	47,796
Net income (loss) – pro forma	$	(34,136	)	$	12,596
Diluted net income (loss) per share – pro forma	$	(0.81	)	$	0.31
Diluted weighted-average shares – pro forma		42,053			40,428

Pacific Aurora [Member]

Purchase price allocation

Cash and cash equivalents	$	1,453
Accounts receivable		16,804
Inventory		3,837
Other current assets		77
Total current assets		22,171
Property and equipment		115,759
Other assets		1,387
Total assets	$	139,317
Accounts payable and accrued liabilities	$	20,152
Other current liabilities		2,045
Long-term debt outstanding, net		621
Total liabilities	$	22,818