Annual report [Section 13 and 15(d), not S-K Item 405]

Business Segment Information (Tables)

v3.25.0.1
Business Segment Information (Tables)
 12 Months Ended
Dec. 31, 2024
Segment Reporting [Abstract]  
Schedule of Operational Results by Business Segments
The table below presents our business segment information and reconciliation to our consolidated financial statements for the years ending December 31:
North America Regions U.S. Federal Renewable Fuels Europe All Other Corporate Total
2024
Revenues $ 878,828  $ 372,536  $ 173,342  $ 250,574  $ 94,648  $ 1,769,928 
Cost of revenues 773,205  313,413  136,720  227,163  63,336  1,513,837 
Gross profit 105,623  59,123  36,622  23,411  31,312  256,091 
Add:
Earnings from unconsolidated entities 51  687  —  54  —  —  792 
Gain on sale of business, net —  —  —  —  38,007  —  38,007 
Less:
Selling, general and administrative expenses 50,985  13,064  2,909  16,951  22,203  67,649  173,761 
Asset impairments 527  —  9,233  —  —  2,624  12,384 
Loss (gain) on derivatives 193  (1,083) (137) —  —  —  (1,027)
Interest expense, net of interest income 9,894  4,982  25,552  4,271  (1) 20,333  65,031 
Other expenses 3,172  883  460  1,467  34  4,785  10,801 
Income before income taxes 40,903  41,964  (1,395) 776  47,083  (95,391) 33,940 
Other Non-cash Segment Disclosures:
Depreciation and intangible asset amortization (1)
36,400  14,206  31,968  2,090  2,684  1,863  89,211 
Amortization of debt discount & debt issuance costs (1)
2,056  883  460  —  —  1,752  5,151 
(1) These amounts disclosed by reportable segment are included within the other segment expense captions.
North America Regions U.S. Federal Renewable Fuels Europe All Other Corporate Total
2023
Revenues 616,434  402,884  117,075  149,354  88,886  1,374,633 
Cost of revenues 515,986  340,989  87,819  123,215  60,195  1,128,204 
Gross profit 100,448  61,895  29,256  26,139  28,691  246,429 
Add:
Earnings from unconsolidated entities —  1,758  —  —  —  —  1,758 
Less:
Selling, general and administrative expenses 51,161  12,090  4,383  14,110  21,969  58,425  162,138 
Asset impairments 2,222  —  1,609  —  —  —  3,831 
(Gain) loss on derivatives
 (2,461) 857  496  —  —  —  (1,108)
Interest expense, net of interest income 7,003  1,429  16,019  2,477  (6) 9,247  36,169 
Other expenses 1,654  11  533  5,915  75  700  8,888 
Income before income taxes 40,869  49,266  6,216  3,637  6,653  (68,372) 38,269 
Other Non-cash Segment Disclosures:
Depreciation and intangible asset amortization (1)
$ 28,682  $ 5,343  $ 26,160  $ 2,082  $ 1,861  $ 1,783  $ 65,911 
Amortization of debt discount & debt issuance costs (1)
2,444  50  533  —  —  1,174  4,201 
North America Regions U.S. Federal Renewable Fuels Europe All Other Corporate Total
2022
Revenues 1,173,281  391,891  114,459  58,410  86,381  1,824,422 
Cost of revenues 1,020,266  329,527  78,359  46,808  58,629  1,533,589 
Gross profit 153,015  62,364  36,100  11,602  27,752  290,833 
Add:
Earnings from unconsolidated entities —  1,647  —  —  —  —  1,647 
Less:
Selling, general and administrative expenses 57,401  11,757  2,962  6,626  18,640  62,102  159,488 
Asset impairments —  —  —  —  —  —  — 
(Gain) loss on derivatives
 (506) —  294  —  —  —  (212)
Interest expense, net of interest income 7,865  1,231  8,657  24  (3) 7,955  25,729 
Other (income) expenses
 (580) 157  1,198  (150) 7  1,124  1,756 
Income before income taxes 88,835  50,866  22,989  5,102  9,108  (71,181) 105,719 
Other Non-cash Segment Disclosures:
Depreciation and intangible asset amortization (1)
23,152  4,905  23,354  275  746  1,846  54,278 
Amortization of debt discount & debt issuance costs (1)
1,712  157  1,198  —  —  1,144  4,211 
(1) These amounts disclosed by reportable segment are included within the other segment expense captions.