2023 Q2 Form 10-Q Financial Statement

#000130940223000074 Filed on May 04, 2023

View on sec.gov

Income Statement

Concept 2023 Q2 2023 Q1 2022 Q1
Revenue $857.6M $832.9M $781.4M
YoY Change -15.29% 6.59% 41.14%
Cost Of Revenue $835.1M $825.0M $819.8M
YoY Change -9.96% 0.64% 60.99%
Gross Profit $22.54M $7.944M -$38.33M
YoY Change -75.25% -120.72% -186.34%
Gross Profit Margin 2.63% 0.95% -4.91%
Selling, General & Admin $40.40M $31.85M $30.86M
YoY Change 34.14% 3.18% 31.23%
% of Gross Profit 179.21% 400.87%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $24.63M $25.39M $20.40M
YoY Change 17.45% 24.45% -1.36%
% of Gross Profit 109.25% 319.56%
Operating Expenses $65.02M $31.85M $30.86M
YoY Change 115.92% 3.18% 31.23%
Operating Profit -$42.48M -$56.54M -$47.90M
YoY Change -225.53% 18.03% -252.81%
Interest Expense -$6.970M $9.738M $8.806M
YoY Change -189.36% 10.58% -72.2%
% of Operating Profit
Other Income/Expense, Net -$161.0K -$6.384M -$8.324M
YoY Change -100.76% -23.31% -73.69%
Pretax Income -$49.61M -$62.92M -$56.23M
YoY Change -190.18% 11.91% 19155.48%
Income Tax -$1.019M $3.400M -$1.200M
% Of Pretax Income
Net Earnings -$52.60M -$70.32M -$61.47M
YoY Change -213.38% 14.4% 839.25%
Net Earnings / Revenue -6.13% -8.44% -7.87%
Basic Earnings Per Share -$0.89 -$1.20 -$1.16
Diluted Earnings Per Share -$0.89 -$1.20 -$1.162M
COMMON SHARES
Basic Shares Outstanding 59.51M shares 59.29M shares 53.62M
Diluted Shares Outstanding 58.87M shares 58.55M shares 52.89M shares

Balance Sheet

Concept 2023 Q2 2023 Q1 2022 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $312.9M $354.2M $534.1M
YoY Change -41.32% -33.68% 19.54%
Cash & Equivalents $312.9M $354.2M $509.2M
Short-Term Investments $24.90M
Other Short-Term Assets $112.2M $89.33M $171.8M
YoY Change -26.25% -48.02% -29.0%
Inventory $257.7M $279.7M $314.0M
Prepaid Expenses
Receivables $132.3M $106.5M $142.0M
Other Receivables $1.299M $771.0K $646.0K
Total Short-Term Assets $816.3M $830.6M $1.163B
YoY Change -29.61% -28.56% 15.05%
LONG-TERM ASSETS
Property, Plant & Equipment $1.110B $1.028B $940.9M
YoY Change 13.15% 9.31% 17.68%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $96.59M $91.43M $84.61M
YoY Change 8.87% 8.06% 20.97%
Total Long-Term Assets $1.206B $1.204B $1.090B
YoY Change 6.17% 10.49% 16.68%
TOTAL ASSETS
Total Short-Term Assets $816.3M $830.6M $1.163B
Total Long-Term Assets $1.206B $1.204B $1.090B
Total Assets $2.023B $2.035B $2.253B
YoY Change -11.9% -9.66% 15.83%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $105.1M $128.6M $106.3M
YoY Change -17.35% 20.93% 14.34%
Accrued Expenses $74.72M $47.26M $46.98M
YoY Change 65.62% 0.59% 29.65%
Deferred Revenue
YoY Change
Short-Term Debt $247.1M $212.7M $310.2M
YoY Change -19.87% -31.44% 78.16%
Long-Term Debt Due $1.835M $1.832M $35.70M
YoY Change -98.15% -94.87% -41.89%
Total Short-Term Liabilities $513.8M $478.8M $580.7M
YoY Change -20.66% -17.53% 37.77%
LONG-TERM LIABILITIES
Long-Term Debt $493.6M $495.1M $557.9M
YoY Change -0.29% -11.26% 3.73%
Other Long-Term Liabilities $89.58M $23.44M $21.07M
YoY Change 355.15% 11.25% 61.36%
Total Long-Term Liabilities $583.2M $518.6M $579.0M
YoY Change 13.3% -10.44% 5.09%
TOTAL LIABILITIES
Total Short-Term Liabilities $513.8M $478.8M $580.7M
Total Long-Term Liabilities $583.2M $518.6M $579.0M
Total Liabilities $1.245B $1.062B $1.210B
YoY Change 2.52% -12.24% 18.14%
SHAREHOLDERS EQUITY
Retained Earnings -$265.3M -$212.7M -$76.67M
YoY Change 776.45% 177.47% -273.28%
Common Stock $62.00K $62.00K $62.00K
YoY Change 0.0% 0.0% 10.71%
Preferred Stock
YoY Change
Treasury Stock (at cost) $91.63M
YoY Change -30.21%
Treasury Stock Shares $8.244M
Shareholders Equity $777.9M $823.0M $890.5M
YoY Change
Total Liabilities & Shareholders Equity $2.023B $2.035B $2.253B
YoY Change -11.9% -9.66% 15.83%

Cashflow Statement

Concept 2023 Q2 2023 Q1 2022 Q1
OPERATING ACTIVITIES
Net Income -$52.60M -$70.32M -$61.47M
YoY Change -213.38% 14.4% 839.25%
Depreciation, Depletion And Amortization $24.63M $25.39M $20.40M
YoY Change 17.45% 24.45% -1.36%
Cash From Operating Activities -$51.46M -$117.0M -$162.5M
YoY Change -192.07% -28.04% 339.52%
INVESTING ACTIVITIES
Capital Expenditures $16.31M $32.59M $61.98M
YoY Change -124.6% -47.42% 96.62%
Acquisitions
YoY Change
Other Investing Activities -$5.867M -$2.829M $99.92M
YoY Change -15.9% -102.83% 35.39%
Cash From Investing Activities -$22.18M -$35.42M $37.93M
YoY Change -69.73% -193.38% -10.37%
FINANCING ACTIVITIES
Cash Dividend Paid $5.305M $5.122M
YoY Change 3.57% 267.17%
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 25.08M $60.46M 167.9M
YoY Change -429.62% -64.0% -55.14%
NET CHANGE
Cash From Operating Activities -51.46M -$117.0M -162.5M
Cash From Investing Activities -22.18M -$35.42M 37.93M
Cash From Financing Activities 25.08M $60.46M 167.9M
Net Change In Cash -48.56M -$91.93M 43.31M
YoY Change 94.34% -312.29% -88.59%
FREE CASH FLOW
Cash From Operating Activities -$51.46M -$117.0M -$162.5M
Capital Expenditures $16.31M $32.59M $61.98M
Free Cash Flow -$67.78M -$149.6M -$224.5M
YoY Change -155.46% -33.39% 227.75%

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DepreciationDepletionAndAmortization
25386000 usd
CY2022Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
20399000 usd
CY2023Q1 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
717000 usd
CY2022Q1 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
1846000 usd
CY2023Q1 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
3491000 usd
CY2022Q1 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-1219000 usd
CY2023Q1 us-gaap Share Based Compensation
ShareBasedCompensation
2828000 usd
CY2022Q1 us-gaap Share Based Compensation
ShareBasedCompensation
1875000 usd
CY2023Q1 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
104000 usd
CY2022Q1 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-799000 usd
CY2023Q1 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-1625000 usd
CY2022Q1 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
442000 usd
CY2023Q1 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-2064000 usd
CY2022Q1 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
22783000 usd
CY2023Q1 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
757000 usd
CY2022Q1 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
46112000 usd
CY2023Q1 us-gaap Increase Decrease In Derivative Assets
IncreaseDecreaseInDerivativeAssets
-10287000 usd
CY2022Q1 us-gaap Increase Decrease In Derivative Assets
IncreaseDecreaseInDerivativeAssets
3788000 usd
CY2022Q4 us-gaap Accounts Payable Fair Value Disclosure
AccountsPayableFairValueDisclosure
31900000 usd
CY2023Q1 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
3215000 usd
CY2022Q1 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
4192000 usd
CY2023Q1 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-94131000 usd
CY2022Q1 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-52661000 usd
CY2023Q1 us-gaap Increase Decrease In Income Taxes Payable Net Of Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable
452000 usd
CY2022Q1 us-gaap Increase Decrease In Income Taxes Payable Net Of Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable
265000 usd
CY2023Q1 us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
-638000 usd
CY2022Q1 us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
655000 usd
CY2023Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-116968000 usd
CY2022Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-162540000 usd
CY2023Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
32591000 usd
CY2022Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
61984000 usd
CY2023Q1 us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
0 usd
CY2022Q1 us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
99917000 usd
CY2023Q1 us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
2829000 usd
CY2022Q1 us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
0 usd
CY2023Q1 us-gaap Debt Instrument Fair Value
DebtInstrumentFairValue
736700000 usd
CY2023Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-35420000 usd
CY2022Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
37933000 usd
CY2023Q1 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
0 usd
CY2022Q1 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
45000000 usd
CY2023Q1 us-gaap Repayments Of Senior Debt
RepaymentsOfSeniorDebt
515000 usd
CY2022Q1 us-gaap Repayments Of Senior Debt
RepaymentsOfSeniorDebt
1177000 usd
CY2023Q1 us-gaap Proceeds From Short Term Debt
ProceedsFromShortTermDebt
359908000 usd
CY2022Q1 us-gaap Proceeds From Short Term Debt
ProceedsFromShortTermDebt
1075119000 usd
CY2023Q1 us-gaap Repayments Of Short Term Debt
RepaymentsOfShortTermDebt
285231000 usd
CY2022Q1 us-gaap Repayments Of Short Term Debt
RepaymentsOfShortTermDebt
939647000 usd
CY2023Q1 us-gaap Payments Of Dividends
PaymentsOfDividends
5305000 usd
CY2022Q1 us-gaap Payments Of Dividends
PaymentsOfDividends
5122000 usd
CY2023Q1 us-gaap Payments Of Loan Costs
PaymentsOfLoanCosts
0 usd
CY2022Q1 us-gaap Payments Of Loan Costs
PaymentsOfLoanCosts
2522000 usd
CY2023Q1 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
8402000 usd
CY2022Q1 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
3738000 usd
CY2023Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
60455000 usd
CY2022Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
167913000 usd
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-91933000 usd
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
43306000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
500276000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
560959000 usd
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
408343000 usd
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
604265000 usd
CY2023Q1 us-gaap Cash And Cash Equivalents At Carrying Value Including Discontinued Operations
CashAndCashEquivalentsAtCarryingValueIncludingDiscontinuedOperations
354204000 usd
CY2022Q1 us-gaap Cash And Cash Equivalents At Carrying Value Including Discontinued Operations
CashAndCashEquivalentsAtCarryingValueIncludingDiscontinuedOperations
509195000 usd
CY2023Q1 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
54139000 usd
CY2022Q1 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
95070000 usd
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
408343000 usd
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
604265000 usd
CY2023Q1 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
-189000 usd
CY2022Q1 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
-198000 usd
CY2023Q1 us-gaap Interest Paid Net
InterestPaidNet
10093000 usd
CY2022Q1 us-gaap Interest Paid Net
InterestPaidNet
10212000 usd
CY2023Q1 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
5481000 usd
CY2022Q1 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
14620000 usd
CY2023Q1 us-gaap Use Of Estimates
UseOfEstimates
<div style="margin-top:10pt"><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Use of Estimates in the Preparation of Consolidated Financial Statements</span></div><div style="margin-top:10pt;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of consolidated financial statements in conformity with GAAP requires management to make certain estimates and assumptions that affect the reported amounts of assets and liabilities, disclosure of contingent assets and liabilities at the date of the consolidated financial statements, and the reported amounts of revenues and expenses during the reporting period. The company bases its estimates on historical experience and assumptions it believes are proper and reasonable under the circumstances and regularly evaluates the appropriateness of its estimates and assumptions. Actual results could differ from those estimates. Certain accounting policies, including but not limited to those relating to impairment of goodwill, derivative financial instruments, and accounting for income taxes, are impacted significantly by judgments, assumptions and estimates used in the preparation of the consolidated financial statements.</span></div>
CY2023Q1 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
3 segment
CY2023Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
43098000 usd
CY2023Q1 us-gaap Derivative Excluded Component Gain Loss Recognized In Earnings
DerivativeExcludedComponentGainLossRecognizedInEarnings
789851000 usd
CY2023Q1 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
0 usd
CY2023Q1 us-gaap Revenues
Revenues
832949000 usd
CY2022Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
23016000 usd
CY2022Q1 us-gaap Derivative Excluded Component Gain Loss Recognized In Earnings
DerivativeExcludedComponentGainLossRecognizedInEarnings
758419000 usd
CY2022Q1 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
0 usd
CY2022Q1 us-gaap Revenues
Revenues
781435000 usd
CY2023Q1 us-gaap Cash And Cash Equivalents Fair Value Disclosure
CashAndCashEquivalentsFairValueDisclosure
354204000 usd
CY2023Q1 us-gaap Restricted Cash
RestrictedCash
54139000 usd
CY2023Q1 gpre Inventories Carried At Market
InventoriesCarriedAtMarket
26094000 usd
CY2023Q1 us-gaap Derivative Assets
DerivativeAssets
12135000 usd
CY2023Q1 us-gaap Other Assets Fair Value Disclosure
OtherAssetsFairValueDisclosure
110000 usd
CY2023Q1 us-gaap Assets Fair Value Disclosure
AssetsFairValueDisclosure
446682000 usd
CY2023Q1 us-gaap Accounts Payable Fair Value Disclosure
AccountsPayableFairValueDisclosure
18936000 usd
CY2023Q1 us-gaap Accrued Liabilities Fair Value Disclosure
AccruedLiabilitiesFairValueDisclosure
4639000 usd
CY2023Q1 us-gaap Derivative Liabilities
DerivativeLiabilities
47445000 usd
CY2023Q1 us-gaap Other Liabilities Fair Value Disclosure
OtherLiabilitiesFairValueDisclosure
4570000 usd
CY2023Q1 us-gaap Liabilities Fair Value Disclosure
LiabilitiesFairValueDisclosure
75590000 usd
CY2022Q4 us-gaap Cash And Cash Equivalents Fair Value Disclosure
CashAndCashEquivalentsFairValueDisclosure
444661000 usd
CY2022Q4 us-gaap Restricted Cash
RestrictedCash
55615000 usd
CY2022Q4 gpre Inventories Carried At Market
InventoriesCarriedAtMarket
61885000 usd
CY2022Q4 us-gaap Derivative Assets
DerivativeAssets
16420000 usd
CY2022Q4 us-gaap Other Assets Fair Value Disclosure
OtherAssetsFairValueDisclosure
111000 usd
CY2022Q4 us-gaap Assets Fair Value Disclosure
AssetsFairValueDisclosure
578692000 usd
CY2022Q4 us-gaap Accounts Payable Fair Value Disclosure
AccountsPayableFairValueDisclosure
31925000 usd
CY2022Q4 us-gaap Accrued Liabilities Fair Value Disclosure
AccruedLiabilitiesFairValueDisclosure
1909000 usd
CY2022Q4 us-gaap Derivative Liabilities
DerivativeLiabilities
44686000 usd
CY2022Q4 us-gaap Other Liabilities Fair Value Disclosure
OtherLiabilitiesFairValueDisclosure
6640000 usd
CY2022Q4 us-gaap Liabilities Fair Value Disclosure
LiabilitiesFairValueDisclosure
85160000 usd
CY2023Q1 us-gaap Accounts Payable Fair Value Disclosure
AccountsPayableFairValueDisclosure
18900000 usd
CY2023Q1 gpre Book Value Of Debt
BookValueOfDebt
709600000 usd
CY2022Q4 us-gaap Debt Instrument Fair Value
DebtInstrumentFairValue
654500000 usd
CY2022Q4 gpre Book Value Of Debt
BookValueOfDebt
634800000 usd
CY2023Q1 us-gaap Accounts Receivable Fair Value Disclosure
AccountsReceivableFairValueDisclosure
106500000 usd
CY2022Q4 us-gaap Accounts Receivable Fair Value Disclosure
AccountsReceivableFairValueDisclosure
108600000 usd
CY2023Q1 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
3 segment
CY2023Q1 us-gaap Revenues
Revenues
832949000 usd
CY2022Q1 us-gaap Revenues
Revenues
781435000 usd
CY2023Q1 us-gaap Cost Of Goods And Service Excluding Depreciation Depletion And Amortization
CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization
825005000 usd
CY2022Q1 us-gaap Cost Of Goods And Service Excluding Depreciation Depletion And Amortization
CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization
772509000 usd
CY2023Q1 us-gaap Gross Profit
GrossProfit
7944000 usd
CY2022Q1 us-gaap Gross Profit
GrossProfit
8926000 usd
CY2023Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
-56540000 usd
CY2022Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
-47902000 usd
CY2023Q1 us-gaap Depreciation And Amortization
DepreciationAndAmortization
25386000 usd
CY2022Q1 us-gaap Depreciation And Amortization
DepreciationAndAmortization
20399000 usd
CY2023Q1 us-gaap Assets
Assets
2034832000 usd
CY2022Q4 us-gaap Assets
Assets
2123131000 usd
CY2022Q4 gpre Lower Of Cost Or Market Adjustment
LowerOfCostOrMarketAdjustment
12300000 usd
CY2023Q1 us-gaap Inventory Finished Goods
InventoryFinishedGoods
118099000 usd
CY2022Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
97719000 usd
CY2023Q1 gpre Inventory Grain Held For Sale
InventoryGrainHeldForSale
26094000 usd
CY2022Q4 gpre Inventory Grain Held For Sale
InventoryGrainHeldForSale
61885000 usd
CY2023Q1 us-gaap Inventory Raw Materials
InventoryRawMaterials
66814000 usd
CY2022Q4 us-gaap Inventory Raw Materials
InventoryRawMaterials
55983000 usd
CY2023Q1 us-gaap Inventory Work In Process
InventoryWorkInProcess
21593000 usd
CY2022Q4 us-gaap Inventory Work In Process
InventoryWorkInProcess
18499000 usd
CY2023Q1 us-gaap Other Inventory Supplies
OtherInventorySupplies
47107000 usd
CY2022Q4 us-gaap Other Inventory Supplies
OtherInventorySupplies
44864000 usd
CY2023Q1 gpre Inventories Carrying Amount
InventoriesCarryingAmount
279707000 usd
CY2022Q4 gpre Inventories Carrying Amount
InventoriesCarryingAmount
278950000 usd
CY2023Q1 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-37700000 usd
CY2023Q1 us-gaap Derivative Fair Value Of Derivative Asset Amount Not Offset Against Collateral
DerivativeFairValueOfDerivativeAssetAmountNotOffsetAgainstCollateral
12135000 usd
CY2022Q4 us-gaap Derivative Fair Value Of Derivative Asset Amount Not Offset Against Collateral
DerivativeFairValueOfDerivativeAssetAmountNotOffsetAgainstCollateral
16421000 usd
CY2023Q1 us-gaap Derivative Fair Value Of Derivative Liability Amount Not Offset Against Collateral
DerivativeFairValueOfDerivativeLiabilityAmountNotOffsetAgainstCollateral
47453000 usd
CY2022Q4 us-gaap Derivative Fair Value Of Derivative Liability Amount Not Offset Against Collateral
DerivativeFairValueOfDerivativeLiabilityAmountNotOffsetAgainstCollateral
44686000 usd
CY2023Q1 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification Before Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationBeforeTax
-2236000 usd
CY2022Q1 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification Before Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationBeforeTax
2666000 usd
CY2023Q1 us-gaap Hedged Asset Fair Value Hedge
HedgedAssetFairValueHedge
26094000 usd
CY2023Q1 us-gaap Hedged Asset Fair Value Hedge Cumulative Increase Decrease
HedgedAssetFairValueHedgeCumulativeIncreaseDecrease
-586000 usd
CY2022Q4 us-gaap Hedged Asset Fair Value Hedge
HedgedAssetFairValueHedge
61885000 usd
CY2022Q4 us-gaap Hedged Asset Fair Value Hedge Cumulative Increase Decrease
HedgedAssetFairValueHedgeCumulativeIncreaseDecrease
-13776000 usd
CY2023Q1 us-gaap Trading Gains Losses
TradingGainsLosses
3800000 usd
CY2022Q1 us-gaap Trading Gains Losses
TradingGainsLosses
800000 usd
CY2023Q1 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
503153000 usd
CY2022Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
503691000 usd
CY2023Q1 us-gaap Deferred Finance Costs Noncurrent Gross
DeferredFinanceCostsNoncurrentGross
6207000 usd
CY2022Q4 us-gaap Deferred Finance Costs Noncurrent Gross
DeferredFinanceCostsNoncurrentGross
6610000 usd
CY2023Q1 us-gaap Long Term Debt Current
LongTermDebtCurrent
1832000 usd
CY2022Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
1838000 usd
CY2023Q1 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
495114000 usd
CY2022Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
495243000 usd
CY2023Q1 us-gaap Short Term Borrowings
ShortTermBorrowings
212670000 usd
CY2022Q4 us-gaap Short Term Borrowings
ShortTermBorrowings
137678000 usd
CY2022Q3 gpre Number Of Privately Negotiated Exchange Agreements
NumberOfPrivatelyNegotiatedExchangeAgreements
4 privatelynegotiatedexchangeagreement
CY2023Q1 us-gaap Amount Of Restricted Net Assets For Consolidated And Unconsolidated Subsidiaries
AmountOfRestrictedNetAssetsForConsolidatedAndUnconsolidatedSubsidiaries
118700000 usd
CY2023Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized
5700000 shares
CY2023Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
1400000 shares
CY2023Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
2800000 usd
CY2022Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
1900000 usd
CY2023Q1 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
24800000 usd
CY2023Q1 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P2Y4M24D
CY2023Q1 gpre Share Based Compensation Potential Tax Benefit Realizable For Anticipated Tax Deductions Exercise Of Share Based Payment Arrangements Percentage
ShareBasedCompensationPotentialTaxBenefitRealizableForAnticipatedTaxDeductionsExerciseOfShareBasedPaymentArrangementsPercentage
0.240
CY2023Q1 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-70324000 usd
CY2023Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-70324000 usd
CY2022Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-61474000 usd
CY2022Q1 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-61474000 usd
CY2023Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
58549000 shares
CY2023Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
58549000 shares
CY2022Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
52887000 shares
CY2022Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
52887000 shares
CY2023Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-1.20
CY2023Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-1.20
CY2022Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-1.16
CY2022Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-1.16
CY2023Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
8598000 shares
CY2022Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
13823000 shares
CY2022Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1061066000 usd
CY2023Q1 us-gaap Profit Loss
ProfitLoss
-66249000 usd
CY2023Q1 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
5305000 usd
CY2023Q1 us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
-12788000 usd
CY2023Q1 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
-1701000 usd
CY2023Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-11087000 usd
CY2023Q1 us-gaap Noncontrolling Interest Increase From Subsidiary Equity Issuance
NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance
185000 usd
CY2023Q1 gpre Adjustments To Additional Paid In Capital Sharebased Compensation Decrease
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationDecrease
5573000 usd
CY2023Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
973037000 usd
CY2021Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1102019000 usd
CY2022Q1 us-gaap Profit Loss
ProfitLoss
-55872000 usd
CY2022Q1 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
5122000 usd
CY2022Q1 us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
5386000 usd
CY2022Q1 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
1965000 usd
CY2022Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
3421000 usd
CY2022Q1 us-gaap Noncontrolling Interest Increase From Subsidiary Equity Issuance
NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance
24000 usd
CY2022Q1 gpre Adjustments To Additional Paid In Capital Sharebased Compensation Decrease
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationDecrease
1863000 usd
CY2022Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1042607000 usd
CY2022Q3 gpre Incentives Related Tax Credits
IncentivesRelatedTaxCredits
370000000000 usd
CY2022Q3 us-gaap Prior Period Reclassification Adjustment
PriorPeriodReclassificationAdjustment
1000000000 usd
CY2023Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
3400000 usd
CY2022Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-1200000 usd
CY2023Q1 us-gaap Operating Lease Cost
OperatingLeaseCost
6746000 usd
CY2022Q1 us-gaap Operating Lease Cost
OperatingLeaseCost
4998000 usd
CY2023Q1 us-gaap Variable Lease Cost
VariableLeaseCost
-131000 usd
CY2022Q1 us-gaap Variable Lease Cost
VariableLeaseCost
179000 usd
CY2023Q1 us-gaap Lease Cost
LeaseCost
6615000 usd
CY2022Q1 us-gaap Lease Cost
LeaseCost
5177000 usd
CY2023Q1 us-gaap Operating Lease Payments
OperatingLeasePayments
6197000 usd
CY2022Q1 us-gaap Operating Lease Payments
OperatingLeasePayments
4845000 usd
CY2023Q1 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
16658000 usd
CY2022Q1 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
4709000 usd
CY2023Q1 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P4Y9M18D
CY2022Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P4Y10M24D
CY2023Q1 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0473
CY2022Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0432
CY2023Q1 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
20195000 usd
CY2023Q1 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
24777000 usd
CY2023Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
20201000 usd
CY2023Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
12743000 usd
CY2023Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
9149000 usd
CY2023Q1 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
11980000 usd
CY2023Q1 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
99045000 usd
CY2023Q1 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
11266000 usd
CY2023Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
87779000 usd
CY2023Q1 us-gaap Purchase Commitment Remaining Minimum Amount Committed
PurchaseCommitmentRemainingMinimumAmountCommitted
364200000 usd
CY2023Q1 gpre Future Commitments For Storage And Transportation Value
FutureCommitmentsForStorageAndTransportationValue
24800000 usd

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0001309402-23-000074-index.html Edgar Link pending
0001309402-23-000074.txt Edgar Link pending
0001309402-23-000074-xbrl.zip Edgar Link pending
ex101-secondamendmenttogpc.htm Edgar Link pending
ex102-thirdamendmenttogpcm.htm Edgar Link pending
ex103-amendment2toamendeda.htm Edgar Link pending
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Financial_Report.xlsx Edgar Link pending
gpre-20230331.htm Edgar Link pending
gpre-20230331.xsd Edgar Link pending
gpre-q12023exhibit311.htm Edgar Link pending
gpre-q12023exhibit312.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
gpre-20230331_cal.xml Edgar Link unprocessable
gpre-20230331_def.xml Edgar Link unprocessable
gpre-20230331_lab.xml Edgar Link unprocessable
gpre-20230331_pre.xml Edgar Link unprocessable
gpre-q12023exhibit321.htm Edgar Link pending
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