2020 Q4 Form 10-K Financial Statement

#000082148321000018 Filed on March 08, 2021

View on sec.gov

Income Statement

Concept 2020 Q4 2020 2019 Q4
Revenue $715.5M $3.125B $1.399B
YoY Change -48.86% -42.15% 59.15%
Cost Of Revenue $778.5M $3.225B $1.318B
YoY Change -40.93% -37.27% 59.4%
Gross Profit -$63.00M -$100.3M $81.30M
YoY Change -177.49% -138.55% 55.45%
Gross Profit Margin -8.8% -3.21% 5.81%
Selling, General & Admin $9.500M $41.30M $11.80M
YoY Change -19.49% -10.61% 3.51%
% of Gross Profit 14.51%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $23.80M $90.04M $21.00M
YoY Change 13.33% 4.55% 54.41%
% of Gross Profit 25.83%
Operating Expenses $33.20M $131.4M $32.70M
YoY Change 1.53% -0.68% 30.28%
Operating Profit -$114.1M -$318.0M $59.53M
YoY Change -291.72% -314.89% 191.7%
Interest Expense -$17.60M $70.22M -$11.10M
YoY Change 58.56% -6.17% 270.0%
% of Operating Profit -18.65%
Other Income/Expense, Net $0.00 -$111.8M $200.0K
YoY Change -100.0% -36.78% 0.0%
Pretax Income -$131.8M -$429.8M $34.80M
YoY Change -478.74% 1388.25% 161.65%
Income Tax $100.0K -$20.72M -$700.0K
% Of Pretax Income -2.01%
Net Earnings -$131.9M -$409.1M $35.44M
YoY Change -472.24% -1102.44% 155.21%
Net Earnings / Revenue -18.44% -13.09% 2.53%
Basic Earnings Per Share -$2.47 -$7.68 $0.68
Diluted Earnings Per Share -$2.47 -$7.68 $0.68
COMMON SHARES
Basic Shares Outstanding 53.98M shares 53.30M shares 51.18M shares
Diluted Shares Outstanding 53.30M shares

Balance Sheet

Concept 2020 Q4 2020 2019 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $68.30M $68.30M $126.0M
YoY Change -45.79% -45.79% 67.78%
Cash & Equivalents $68.31M $68.30M $126.0M
Short-Term Investments
Other Short-Term Assets $6.881M $26.60M $5.604M
YoY Change 22.79% -56.82% -55.94%
Inventory $429.9M $429.9M $615.9M
Prepaid Expenses
Receivables $111.7M $111.7M $228.7M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $636.5M $636.5M $1.032B
YoY Change -38.34% -38.34% 75.96%
LONG-TERM ASSETS
Property, Plant & Equipment $1.290B $1.290B $961.9M
YoY Change 34.09% -6.66% 78.71%
Goodwill $128.0M $195.9M
YoY Change -34.67% 27.72%
Intangibles $18.89M $21.55M
YoY Change -12.33% -10.01%
Long-Term Investments $0.00 $0.00 $46.91M
YoY Change -100.0% -100.0% -65.68%
Other Assets $60.57M $60.60M $22.00M
YoY Change 175.36% 175.45% 0.53%
Total Long-Term Assets $1.497B $1.497B $1.668B
YoY Change -10.25% -10.25% 90.86%
TOTAL ASSETS
Total Short-Term Assets $636.5M $636.5M $1.032B
Total Long-Term Assets $1.497B $1.497B $1.668B
Total Assets $2.134B $2.134B $2.701B
YoY Change -20.98% -20.98% 84.88%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $106.9M $106.9M $162.4M
YoY Change -34.15% -34.17% 196.42%
Accrued Expenses $203.7M $282.5M $84.74M
YoY Change 140.38% 50.35% 55.32%
Deferred Revenue $4.100M $7.900M
YoY Change -48.1% 17.91%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $59.93M $61.40M $12.30M
YoY Change 387.38% 335.46% 37163.64%
Total Short-Term Liabilities $878.7M $878.7M $1.034B
YoY Change -15.05% -15.04% 103.93%
LONG-TERM LIABILITIES
Long-Term Debt $648.7M $656.6M $599.6M
YoY Change 8.18% 8.37% 52.73%
Other Long-Term Liabilities $47.97M $352.3M $63.02M
YoY Change -23.89% -14.51% 68.2%
Total Long-Term Liabilities $696.6M $1.009B $662.7M
YoY Change 5.13% -0.89% 54.08%
TOTAL LIABILITIES
Total Short-Term Liabilities $878.7M $878.7M $1.034B
Total Long-Term Liabilities $696.6M $1.009B $662.7M
Total Liabilities $1.888B $1.888B $2.052B
YoY Change -8.03% -8.03% 116.4%
SHAREHOLDERS EQUITY
Retained Earnings -$477.0M -$67.94M
YoY Change 602.11% -37.53%
Common Stock $540.0K $533.0K
YoY Change 1.31% 13.4%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $246.3M $246.3M $648.2M
YoY Change
Total Liabilities & Shareholders Equity $2.134B $2.134B $2.701B
YoY Change -20.98% -20.98% 84.88%

Cashflow Statement

Concept 2020 Q4 2020 2019 Q4
OPERATING ACTIVITIES
Net Income -$131.9M -$409.1M $35.44M
YoY Change -472.24% -1102.44% 155.21%
Depreciation, Depletion And Amortization $23.80M $90.04M $21.00M
YoY Change 13.33% 4.55% 54.41%
Cash From Operating Activities -$63.20M -$37.21M $7.000M
YoY Change -1002.86% -135.23% -81.91%
INVESTING ACTIVITIES
Capital Expenditures -$21.00M $63.52M -$19.80M
YoY Change 6.06% -24.31% 8.79%
Acquisitions $0.00
YoY Change -100.0%
Other Investing Activities $100.0K -$58.00K $900.0K
YoY Change -88.89% -93.29% -101.67%
Cash From Investing Activities -$21.10M -$63.46M -$18.90M
YoY Change 11.64% -82.03% -73.79%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $0.00
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 25.20M $42.56M 27.20M
YoY Change -7.35% -85.82% 31.4%
NET CHANGE
Cash From Operating Activities -63.20M -$37.21M 7.000M
Cash From Investing Activities -21.10M -$63.46M -18.90M
Cash From Financing Activities 25.20M $42.56M 27.20M
Net Change In Cash -59.10M -$58.12M 15.30M
YoY Change -486.27% -210.47% -220.47%
FREE CASH FLOW
Cash From Operating Activities -$63.20M -$37.21M $7.000M
Capital Expenditures -$21.00M $63.52M -$19.80M
Free Cash Flow -$42.20M -$100.7M $26.80M
YoY Change -257.46% -564.01% -52.9%

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<div style="margin-bottom:9pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Use of Estimates</span></div><div style="margin-bottom:9pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">    The preparation of our consolidated financial statements in conformity with U.S. generally accepted accounting principles (“GAAP”) requires us to make estimates and assumptions that affect the reported amounts of assets, liabilities, revenues, and expenses and the related disclosures. Actual amounts could differ from these estimates.</span></div><div style="margin-bottom:9pt;text-align:justify;text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The worldwide spread and severity of a new coronavirus, referred to as COVID-19, and certain developments in the global crude oil markets have impacted our businesses, people, and operations. We are actively responding to these ongoing matters and many uncertainties remain. Due to the rapid development and fluidity of the situation, the full magnitude of the COVID-19 pandemic’s impact on our estimates and assumptions, financial condition, future results of operations, and future cash flows and liquidity is uncertain and has been and may continue to be material.</span></div>
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CY2018 parr Selling General And Administrative Expense Depreciation And Amortization
SellingGeneralAndAdministrativeExpenseDepreciationAndAmortization
4233000 USD
CY2019Q1 us-gaap Stock Issued During Period Value Acquisitions
StockIssuedDuringPeriodValueAcquisitions
37000000.0 USD
CY2019Q4 us-gaap Inventory Crude Oil Products And Merchandise
InventoryCrudeOilProductsAndMerchandise
63149000 USD
CY2019Q4 us-gaap Inventory Net
InventoryNet
615872000 USD
CY2020Q4 us-gaap Contract With Customer Asset Gross
ContractWithCustomerAssetGross
104900000 USD
CY2019Q4 us-gaap Contract With Customer Asset Gross
ContractWithCustomerAssetGross
214500000 USD
CY2020Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
4100000 USD
CY2019Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
7900000 USD
CY2020Q4 us-gaap Crude Oil And Natural Gas Liquids
CrudeOilAndNaturalGasLiquids
163647000 USD
CY2020Q4 parr Refined Products And Blend Stock
RefinedProductsAndBlendStock
195747000 USD
CY2020Q4 us-gaap Inventory Crude Oil Products And Merchandise
InventoryCrudeOilProductsAndMerchandise
70461000 USD
CY2020Q4 us-gaap Inventory Net
InventoryNet
429855000 USD
CY2019Q4 us-gaap Crude Oil And Natural Gas Liquids
CrudeOilAndNaturalGasLiquids
266020000 USD
CY2019Q4 parr Refined Products And Blend Stock
RefinedProductsAndBlendStock
286703000 USD
CY2020Q4 parr Environmental Credit Obligation
EnvironmentalCreditObligation
150500000 USD
CY2019Q4 parr Environmental Credit Obligation
EnvironmentalCreditObligation
22800000 USD
CY2020Q4 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
10600000 USD
CY2019Q4 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
0 USD
CY2019Q4 us-gaap Inventory Lifo Reserve
InventoryLIFOReserve
6400000 USD
CY2020Q4 us-gaap Advances On Inventory Purchases
AdvancesOnInventoryPurchases
0 USD
CY2019Q4 us-gaap Advances On Inventory Purchases
AdvancesOnInventoryPurchases
27635000 USD
CY2020Q4 parr Collateral Postedwith Broker Current
CollateralPostedwithBrokerCurrent
1489000 USD
CY2019Q4 parr Collateral Postedwith Broker Current
CollateralPostedwithBrokerCurrent
10306000 USD
CY2020Q4 us-gaap Prepaid Insurance
PrepaidInsurance
14932000 USD
CY2019Q4 us-gaap Prepaid Insurance
PrepaidInsurance
13536000 USD
CY2020Q4 us-gaap Derivative Assets Current
DerivativeAssetsCurrent
1346000 USD
CY2019Q4 us-gaap Derivative Assets Current
DerivativeAssetsCurrent
2075000 USD
CY2020Q4 us-gaap Other Assets Current
OtherAssetsCurrent
6881000 USD
CY2019Q4 us-gaap Other Assets Current
OtherAssetsCurrent
5604000 USD
CY2020Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
24648000 USD
CY2019Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
59156000 USD
CY2020Q4 us-gaap Land
Land
188096000 USD
CY2019Q4 us-gaap Land
Land
188096000 USD
CY2020Q4 parr Buildings And Equipment
BuildingsAndEquipment
974305000 USD
CY2019Q4 parr Buildings And Equipment
BuildingsAndEquipment
937926000 USD
CY2020Q4 parr Other Property Plant And Equipment
OtherPropertyPlantAndEquipment
21477000 USD
CY2019Q4 parr Other Property Plant And Equipment
OtherPropertyPlantAndEquipment
20961000 USD
CY2020Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Before Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetBeforeAccumulatedDepreciationAndAmortization
1183878000 USD
CY2019Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Before Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetBeforeAccumulatedDepreciationAndAmortization
1146983000 USD
CY2020Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization
251113000 USD
CY2019Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization
185040000 USD
CY2020Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
932765000 USD
CY2019Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
961943000 USD
CY2020 us-gaap Depreciation
Depreciation
81800000 USD
CY2019 us-gaap Depreciation
Depreciation
75200000 USD
CY2018 us-gaap Depreciation
Depreciation
39000000.0 USD
CY2019Q4 us-gaap Asset Retirement Obligation
AssetRetirementObligation
10180000 USD
CY2018Q4 us-gaap Asset Retirement Obligation
AssetRetirementObligation
9985000 USD
CY2017Q4 us-gaap Asset Retirement Obligation
AssetRetirementObligation
9103000 USD
CY2020 us-gaap Asset Retirement Obligation Liabilities Incurred
AssetRetirementObligationLiabilitiesIncurred
0 USD
CY2019 us-gaap Asset Retirement Obligation Liabilities Incurred
AssetRetirementObligationLiabilitiesIncurred
0 USD
CY2018 us-gaap Asset Retirement Obligation Liabilities Incurred
AssetRetirementObligationLiabilitiesIncurred
487000 USD
CY2020 us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
490000 USD
CY2019 us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
331000 USD
CY2018 us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
395000 USD
CY2020 us-gaap Asset Retirement Obligation Liabilities Settled
AssetRetirementObligationLiabilitiesSettled
34000 USD
CY2019 us-gaap Asset Retirement Obligation Liabilities Settled
AssetRetirementObligationLiabilitiesSettled
136000 USD
CY2018 us-gaap Asset Retirement Obligation Liabilities Settled
AssetRetirementObligationLiabilitiesSettled
0 USD
CY2020Q4 us-gaap Asset Retirement Obligation
AssetRetirementObligation
10636000 USD
CY2019Q4 us-gaap Asset Retirement Obligation
AssetRetirementObligation
10180000 USD
CY2018Q4 us-gaap Asset Retirement Obligation
AssetRetirementObligation
9985000 USD
CY2017Q4 us-gaap Goodwill
Goodwill
107187000 USD
CY2018 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
46210000 USD
CY2018Q4 us-gaap Goodwill
Goodwill
153397000 USD
CY2019 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
42522000 USD
CY2019Q4 us-gaap Goodwill
Goodwill
195919000 USD
CY2020Q4 us-gaap Goodwill
Goodwill
127997000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
38592000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
38592000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
19700000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
17043000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
18892000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
21549000 USD
CY2018 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
2700000 USD
CY2019 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
2700000 USD
CY2020 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
2700000 USD
CY2020 us-gaap Acquired Finite Lived Intangible Assets Weighted Average Useful Life
AcquiredFiniteLivedIntangibleAssetsWeightedAverageUsefulLife
P13Y6M
CY2020Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
2658000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
2658000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
2658000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
1400000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
979000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
8539000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
18892000 USD
CY2020Q4 us-gaap Employee Related Liabilities Current And Noncurrent
EmployeeRelatedLiabilitiesCurrentAndNoncurrent
14916000 USD
CY2019Q4 us-gaap Employee Related Liabilities Current And Noncurrent
EmployeeRelatedLiabilitiesCurrentAndNoncurrent
22828000 USD
CY2020Q4 us-gaap Other Commitment
OtherCommitment
423686000 USD
CY2019Q4 us-gaap Other Commitment
OtherCommitment
656162000 USD
CY2020Q4 parr Environmental Credit Obligation
EnvironmentalCreditObligation
150482000 USD
CY2019Q4 parr Environmental Credit Obligation
EnvironmentalCreditObligation
22776000 USD
CY2020Q4 us-gaap Other Accrued Liabilities Current And Noncurrent
OtherAccruedLiabilitiesCurrentAndNoncurrent
34230000 USD
CY2019Q4 us-gaap Other Accrued Liabilities Current And Noncurrent
OtherAccruedLiabilitiesCurrentAndNoncurrent
39140000 USD
CY2020Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
199628000 USD
CY2019Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
84744000 USD
CY2020Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
731523000 USD
CY2019Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
634737000 USD
CY2020Q4 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
22930000 USD
CY2019Q4 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
22806000 USD
CY2020Q4 us-gaap Long Term Debt
LongTermDebt
708593000 USD
CY2019Q1 parr Debt Instruments Initial Offering Price
DebtInstrumentsInitialOfferingPrice
750000000.0 USD
CY2020 us-gaap Derivative Nonmonetary Notional Amount Volume
DerivativeNonmonetaryNotionalAmountVolume
550000 bbl
CY2020Q4 us-gaap Derivative Average Fixed Interest Rate
DerivativeAverageFixedInterestRate
0.0391
CY2019 parr Investment Warrants Exercise Price1
InvestmentWarrantsExercisePrice1
0.09
CY2019Q4 us-gaap Long Term Debt
LongTermDebt
611931000 USD
CY2020Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
59933000 USD
CY2019Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
12297000 USD
CY2020Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
648660000 USD
CY2019Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
599634000 USD
CY2020Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
62950000 USD
CY2020Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
14358000 USD
CY2020Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
14434000 USD
CY2020Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
50283000 USD
CY2020Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
312733000 USD
CY2020Q4 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
276765000 USD
CY2020Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
731523000 USD
CY2019Q4 us-gaap Warrants And Rights Outstanding Term
WarrantsAndRightsOutstandingTerm
P2Y8M1D
CY2020 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Settlements
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements
31328000 USD
CY2019 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Settlements
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements
-13263000 USD
CY2019Q4 parr Warrants Not Settleable In Cash Fair Value Disclosure Per Share
WarrantsNotSettleableInCashFairValueDisclosurePerShare
23.16
CY2020Q1 us-gaap Warrants Not Settleable In Cash Fair Value Disclosure
WarrantsNotSettleableInCashFairValueDisclosure
3900000 USD
CY2019Q4 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis With Unobservable Inputs
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisWithUnobservableInputs
-22750000 USD
CY2018Q4 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis With Unobservable Inputs
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisWithUnobservableInputs
-922000 USD
CY2017Q4 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis With Unobservable Inputs
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisWithUnobservableInputs
-26372000 USD
CY2020 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
654000 USD
CY2019 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
521000 USD
CY2018 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Settlements
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements
0 USD
CY2020 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Purchases
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPurchases
0 USD
CY2019 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Purchases
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPurchases
8654000 USD
CY2018 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Purchases
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPurchases
0 USD
CY2020 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Gain Loss Included In Earnings
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings
23120000 USD
CY2019 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Gain Loss Included In Earnings
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings
-26437000 USD
CY2018 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Gain Loss Included In Earnings
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings
25450000 USD
CY2020Q4 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis With Unobservable Inputs
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisWithUnobservableInputs
-30958000 USD
CY2019Q4 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis With Unobservable Inputs
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisWithUnobservableInputs
-22750000 USD
CY2018Q4 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis With Unobservable Inputs
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisWithUnobservableInputs
-922000 USD
CY2020Q4 parr Finance Lease Right Of Use Asset Gross
FinanceLeaseRightOfUseAssetGross
14998000 USD
CY2019Q4 parr Finance Lease Right Of Use Asset Gross
FinanceLeaseRightOfUseAssetGross
11552000 USD
CY2020Q4 parr Finance Lease Right Of Use Asset Accumulated Depreciation
FinanceLeaseRightOfUseAssetAccumulatedDepreciation
6486000 USD
CY2019Q4 parr Lease Rightof Use Asset
LeaseRightofUseAsset
427178000 USD
CY2019Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
420073000 USD
CY2020Q4 parr Lease Rightof Use Asset
LeaseRightofUseAsset
365678000 USD
CY2019Q4 parr Finance Lease Right Of Use Asset Accumulated Depreciation
FinanceLeaseRightOfUseAssetAccumulatedDepreciation
4447000 USD
CY2020Q4 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
8512000 USD
CY2019Q4 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
7105000 USD
CY2020Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
357166000 USD
CY2020Q4 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
1491000 USD
CY2019Q4 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
1784000 USD
CY2020Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
56965000 USD
CY2019Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
79999000 USD
CY2020Q4 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
7925000 USD
CY2019Q4 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
6227000 USD
CY2020Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
304355000 USD
CY2019Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
340909000 USD
CY2020Q4 parr Lease Liability
LeaseLiability
370736000 USD
CY2020 us-gaap Operating Lease Cost
OperatingLeaseCost
106256000 USD
CY2019Q4 parr Lease Liability
LeaseLiability
428919000 USD
CY2020Q4 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P6Y11M19D
CY2019Q4 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P5Y8M8D
CY2020Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P10Y6M7D
CY2019Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P10Y3M3D
CY2020Q4 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.0793
CY2019Q4 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.0668
CY2020Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0759
CY2019Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0788
CY2020 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
2007000 USD
CY2019 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
1896000 USD
CY2020Q4 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
3068000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
134136000 USD
CY2019 us-gaap Operating Lease Cost
OperatingLeaseCost
100384000 USD
CY2020 us-gaap Variable Lease Cost
VariableLeaseCost
9802000 USD
CY2019 us-gaap Variable Lease Cost
VariableLeaseCost
11663000 USD
CY2020 us-gaap Short Term Lease Cost
ShortTermLeaseCost
1926000 USD
CY2019 us-gaap Short Term Lease Cost
ShortTermLeaseCost
1874000 USD
CY2020 us-gaap Lease Cost
LeaseCost
120645000 USD
CY2019 us-gaap Lease Cost
LeaseCost
116338000 USD
CY2020 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
1932000 USD
CY2019 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
2167000 USD
CY2020 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
656000 USD
CY2019 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
507000 USD
CY2020 us-gaap Operating Lease Payments
OperatingLeasePayments
103270000 USD
CY2019 us-gaap Operating Lease Payments
OperatingLeasePayments
99713000 USD
CY2020 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
3476000 USD
CY2019 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
963000 USD
CY2020 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
22529000 USD
CY2019 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
79382000 USD
CY2020Q4 parr Lessee Operating Lease Lease Not Yet Commenced Undiscounted Amount
LesseeOperatingLeaseLeaseNotYetCommencedUndiscountedAmount
6600000 USD
CY2020Q4 parr Lessee Liability Undiscounted Excess Amount
LesseeLiabilityUndiscountedExcessAmount
137204000 USD
CY2020Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
9416000 USD
CY2020 parr Right Of Use Assets Terminated In Exchange For Release From Financing Lease Liabilities
RightOfUseAssetsTerminatedInExchangeForReleaseFromFinancingLeaseLiabilities
0 USD
CY2019 parr Right Of Use Assets Terminated In Exchange For Release From Financing Lease Liabilities
RightOfUseAssetsTerminatedInExchangeForReleaseFromFinancingLeaseLiabilities
0 USD
CY2020 parr Right Of Use Assets Terminated In Exchange For Release From Operating Lease Liabilities
RightOfUseAssetsTerminatedInExchangeForReleaseFromOperatingLeaseLiabilities
7738000 USD
CY2019 parr Right Of Use Assets Terminated In Exchange For Release From Operating Lease Liabilities
RightOfUseAssetsTerminatedInExchangeForReleaseFromOperatingLeaseLiabilities
193000 USD
CY2020Q4 us-gaap Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
2143000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
82212000 USD
CY2020Q4 parr Lessee Liability Payments Due Year One
LesseeLiabilityPaymentsDueYearOne
84355000 USD
CY2020Q4 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
1942000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
68605000 USD
CY2020Q4 us-gaap Finance Lease Liability Payments Due Year Five
FinanceLeaseLiabilityPaymentsDueYearFive
1383000 USD
CY2020Q4 parr Lessee Liability Payments Due Year Two
LesseeLiabilityPaymentsDueYearTwo
70547000 USD
CY2020Q4 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
1935000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
54607000 USD
CY2020Q4 parr Lessee Liability Payments Due Year Three
LesseeLiabilityPaymentsDueYearThree
56542000 USD
CY2020Q4 us-gaap Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
1624000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
44812000 USD
CY2020Q4 parr Lessee Liability Payments Due Year Four
LesseeLiabilityPaymentsDueYearFour
46436000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
43254000 USD
CY2020Q4 parr Lessee Liability Payments Due Year Five
LesseeLiabilityPaymentsDueYearFive
44637000 USD
CY2020Q4 us-gaap Finance Lease Liability Payments Due After Year Five
FinanceLeaseLiabilityPaymentsDueAfterYearFive
3457000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
201966000 USD
CY2020Q4 parr Lessee Liability Payments Dueafter Year Five
LesseeLiabilityPaymentsDueafterYearFive
205423000 USD
CY2020Q4 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
12484000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
495456000 USD
CY2020Q4 parr Lessee Liability Payments Due
LesseeLiabilityPaymentsDue
507940000 USD
CY2020Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
361320000 USD
CY2020Q4 parr Lease Liability
LeaseLiability
370736000 USD
CY2020Q4 parr Lessee Finance Lease Lease Not Yet Commenced Undiscounted Amount
LesseeFinanceLeaseLeaseNotYetCommencedUndiscountedAmount
4900000 USD
CY2018Q4 parr Number Of Retail Stations Under Capital Leases
NumberOfRetailStationsUnderCapitalLeases
17 retail_property
CY2020Q4 parr Lessee Finance Lease Option To Renew
LesseeFinanceLeaseOptionToRenew
1 Option
CY2018 parr Operating Lease Average Remaining Lease Term
OperatingLeaseAverageRemainingLeaseTerm
P8Y
CY2018 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
41600000 USD
CY2019 parr Renewable Identification Numbers Ri Ns Benefit
RenewableIdentificationNumbersRINsBenefit
5300000 USD
CY2020Q4 parr Bankruptcy Claims Number Of Claims To Be Settled
BankruptcyClaimsNumberOfClaimsToBeSettled
2 claim
CY2020Q4 parr Bankruptcy Claims Amount Of Claims To Be Settled
BankruptcyClaimsAmountOfClaimsToBeSettled
22400000 USD
CY2020Q4 us-gaap Settlement Liabilities Current
SettlementLiabilitiesCurrent
500000 USD
CY2020Q4 parr Bankruptcy Claims Number Of Claims To Be Settled
BankruptcyClaimsNumberOfClaimsToBeSettled
2 claim
CY2020Q4 parr Maximum Bankruptcy Claims Remaining
MaximumBankruptcyClaimsRemaining
22400000 USD
CY2020Q4 parr Predecessor Working Ownership Percentage
PredecessorWorkingOwnershipPercentage
0.034
CY2020 parr Maximum Amount Of Repurchase Rights Agreement
MaximumAmountOfRepurchaseRightsAgreement
50000000 USD
CY2020Q4 parr Registration Statement Effectiveness Penalty Percentage
RegistrationStatementEffectivenessPenaltyPercentage
0.0025
CY2020Q4 parr Registration Statement Effectiveness Purchase Price Allocation Percentage
RegistrationStatementEffectivenessPurchasePriceAllocationPercentage
0.0075
CY2018Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized
6000000.0 shares
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
1400000 shares
CY2020 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Expiration Period
SharebasedCompensationArrangementBySharebasedPaymentAwardExpirationPeriod
P8Y
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Award Vesting Period1
ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1
P4Y
CY2020 parr Share Based Compensation Arrangement By Share Based Payment Award Anniversary Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardAnniversaryPeriod
P18M
CY2020Q4 us-gaap Class Of Warrant Or Right Number Of Securities Called By Each Warrant Or Right
ClassOfWarrantOrRightNumberOfSecuritiesCalledByEachWarrantOrRight
1 shares
CY2020 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P5Y3M18D
CY2019 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P5Y3M18D
CY2018 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P5Y3M18D
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Weighted Average Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsWeightedAverageVolatilityRate
0.332
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Weighted Average Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsWeightedAverageVolatilityRate
0.343
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Weighted Average Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsWeightedAverageVolatilityRate
0.362
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0131
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0246
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0250
CY2020 parr Defined Contribution Plan Plan Participation Minimum Requisite Period
DefinedContributionPlanPlanParticipationMinimumRequisitePeriod
P30D
CY2018 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
4000000.0 USD
CY2020 parr Defined Benefit Plan Five Consecutive Years Of Highest Compensation Requisite Service Period
DefinedBenefitPlanFiveConsecutiveYearsOfHighestCompensationRequisiteServicePeriod
P10Y
CY2020 us-gaap Defined Contribution Plan Employer Matching Contribution Percent Of Match
DefinedContributionPlanEmployerMatchingContributionPercentOfMatch
0.06
CY2020 us-gaap Defined Contribution Plan Employers Matching Contribution Annual Vesting Percentage
DefinedContributionPlanEmployersMatchingContributionAnnualVestingPercentage
1
CY2020 us-gaap Defined Contribution Plan Maximum Annual Contributions Per Employee Amount
DefinedContributionPlanMaximumAnnualContributionsPerEmployeeAmount
130000 USD
CY2020 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
5600000 USD
CY2019 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
5600000 USD
CY2019Q4 us-gaap Defined Benefit Plan Benefit Obligation
DefinedBenefitPlanBenefitObligation
52142000 USD
CY2018Q4 us-gaap Defined Benefit Plan Benefit Obligation
DefinedBenefitPlanBenefitObligation
27539000 USD
CY2020 us-gaap Defined Benefit Plan Business Combinations And Acquisitions Benefit Obligation
DefinedBenefitPlanBusinessCombinationsAndAcquisitionsBenefitObligation
0 USD
CY2019 us-gaap Defined Benefit Plan Business Combinations And Acquisitions Benefit Obligation
DefinedBenefitPlanBusinessCombinationsAndAcquisitionsBenefitObligation
16831000 USD
CY2020 us-gaap Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
1347000 USD
CY2019 us-gaap Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
910000 USD
CY2020 us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
1642000 USD
CY2019 us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
1794000 USD
CY2020 us-gaap Defined Benefit Plan Actuarial Gain Loss
DefinedBenefitPlanActuarialGainLoss
-7038000 USD
CY2019 us-gaap Defined Benefit Plan Actuarial Gain Loss
DefinedBenefitPlanActuarialGainLoss
-6688000 USD
CY2020 us-gaap Defined Benefit Plan Benefit Obligation Benefits Paid
DefinedBenefitPlanBenefitObligationBenefitsPaid
1690000 USD
CY2019 us-gaap Defined Benefit Plan Benefit Obligation Benefits Paid
DefinedBenefitPlanBenefitObligationBenefitsPaid
1620000 USD
CY2020Q4 us-gaap Defined Benefit Plan Benefit Obligation
DefinedBenefitPlanBenefitObligation
60479000 USD
CY2019Q4 us-gaap Defined Benefit Plan Benefit Obligation
DefinedBenefitPlanBenefitObligation
52142000 USD
CY2019Q4 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
DefinedBenefitPlanFairValueOfPlanAssets
42866000 USD
CY2018Q4 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
DefinedBenefitPlanFairValueOfPlanAssets
20254000 USD
CY2020 us-gaap Defined Benefit Plan Business Combinations And Acquisitions Plan Assets
DefinedBenefitPlanBusinessCombinationsAndAcquisitionsPlanAssets
0 USD
CY2019 us-gaap Defined Benefit Plan Business Combinations And Acquisitions Plan Assets
DefinedBenefitPlanBusinessCombinationsAndAcquisitionsPlanAssets
16027000 USD
CY2020 us-gaap Defined Benefit Plan Actual Return On Plan Assets
DefinedBenefitPlanActualReturnOnPlanAssets
4860000 USD
CY2019 us-gaap Defined Benefit Plan Actual Return On Plan Assets
DefinedBenefitPlanActualReturnOnPlanAssets
6405000 USD
CY2020 us-gaap Defined Benefit Plan Contributions By Employer
DefinedBenefitPlanContributionsByEmployer
125000 USD
CY2019 us-gaap Defined Benefit Plan Contributions By Employer
DefinedBenefitPlanContributionsByEmployer
1800000 USD
CY2020 us-gaap Defined Benefit Plan Plan Assets Benefits Paid
DefinedBenefitPlanPlanAssetsBenefitsPaid
1690000 USD
CY2019 us-gaap Defined Benefit Plan Plan Assets Benefits Paid
DefinedBenefitPlanPlanAssetsBenefitsPaid
1620000 USD
CY2020Q4 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
DefinedBenefitPlanFairValueOfPlanAssets
46161000 USD
CY2019Q4 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
DefinedBenefitPlanFairValueOfPlanAssets
42866000 USD
CY2020Q4 us-gaap Defined Benefit Plan Benefit Obligation
DefinedBenefitPlanBenefitObligation
60479000 USD
CY2019Q4 us-gaap Defined Benefit Plan Benefit Obligation
DefinedBenefitPlanBenefitObligation
52142000 USD
CY2020Q4 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
DefinedBenefitPlanFairValueOfPlanAssets
46161000 USD
CY2019Q4 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
DefinedBenefitPlanFairValueOfPlanAssets
42866000 USD
CY2020Q4 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
14318000 USD
CY2019Q4 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
9276000 USD
CY2020 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Net Unamortized Gain Loss Arising During Period Before Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansNetUnamortizedGainLossArisingDuringPeriodBeforeTax
-6946000 USD
CY2019 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Net Unamortized Gain Loss Arising During Period Before Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansNetUnamortizedGainLossArisingDuringPeriodBeforeTax
-2622000 USD
CY2020 us-gaap Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
1347000 USD
CY2019 us-gaap Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
910000 USD
CY2018 us-gaap Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
548000 USD
CY2020 us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
1642000 USD
CY2019 us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
1794000 USD
CY2018 us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
1107000 USD
CY2020 us-gaap Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
2323000 USD
CY2019 us-gaap Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
1972000 USD
CY2018 us-gaap Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
1258000 USD
CY2020 us-gaap Defined Benefit Plan Amortization Of Gains Losses
DefinedBenefitPlanAmortizationOfGainsLosses
-176000 USD
CY2019 us-gaap Defined Benefit Plan Amortization Of Gains Losses
DefinedBenefitPlanAmortizationOfGainsLosses
-95000 USD
CY2018 us-gaap Defined Benefit Plan Amortization Of Gains Losses
DefinedBenefitPlanAmortizationOfGainsLosses
0 USD
CY2020 us-gaap Defined Benefit Plan Amortization Of Prior Service Cost Credit
DefinedBenefitPlanAmortizationOfPriorServiceCostCredit
1000 USD
CY2019 us-gaap Defined Benefit Plan Amortization Of Prior Service Cost Credit
DefinedBenefitPlanAmortizationOfPriorServiceCostCredit
3000 USD
CY2018 us-gaap Defined Benefit Plan Amortization Of Prior Service Cost Credit
DefinedBenefitPlanAmortizationOfPriorServiceCostCredit
0 USD
CY2020 us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
843000 USD
CY2019 us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
830000 USD
CY2018 us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
397000 USD
CY2020 parr Defined Benefit Plan Fair Value Assumptions Expected Term
DefinedBenefitPlanFairValueAssumptionsExpectedTerm
P10Y
CY2020Q4 us-gaap Defined Benefit Plan Expected Future Benefit Payments Next Twelve Months
DefinedBenefitPlanExpectedFutureBenefitPaymentsNextTwelveMonths
2012000 USD
CY2020Q4 us-gaap Defined Benefit Plan Expected Future Benefit Payments Year Two
DefinedBenefitPlanExpectedFutureBenefitPaymentsYearTwo
2098000 USD
CY2020Q4 us-gaap Defined Benefit Plan Expected Future Benefit Payments Year Three
DefinedBenefitPlanExpectedFutureBenefitPaymentsYearThree
2229000 USD
CY2020Q4 us-gaap Defined Benefit Plan Expected Future Benefit Payments Year Four
DefinedBenefitPlanExpectedFutureBenefitPaymentsYearFour
2260000 USD
CY2020Q4 us-gaap Defined Benefit Plan Expected Future Benefit Payments Year Five
DefinedBenefitPlanExpectedFutureBenefitPaymentsYearFive
2468000 USD
CY2020Q4 us-gaap Defined Benefit Plan Expected Future Benefit Payments Five Fiscal Years Thereafter
DefinedBenefitPlanExpectedFutureBenefitPaymentsFiveFiscalYearsThereafter
13806000 USD
CY2020Q4 parr Defined Benefit Plan Expected Future Benefit Payments Total
DefinedBenefitPlanExpectedFutureBenefitPaymentsTotal
24873000 USD
CY2020 us-gaap Net Income Loss
NetIncomeLoss
-409086000 USD
CY2019 us-gaap Net Income Loss
NetIncomeLoss
40809000 USD
CY2018 us-gaap Net Income Loss
NetIncomeLoss
39427000 USD
CY2020 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
0 USD
CY2019 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
438000 USD
CY2018 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
556000 USD
CY2020 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-409086000 USD
CY2019 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
40371000 USD
CY2018 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
38871000 USD
CY2020 us-gaap Dilutive Securities
DilutiveSecurities
0 USD
CY2019 us-gaap Dilutive Securities
DilutiveSecurities
0 USD
CY2018 us-gaap Dilutive Securities
DilutiveSecurities
0 USD
CY2020 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-409086000 USD
CY2019 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
40371000 USD
CY2018 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
38871000 USD
CY2020 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
53295000 shares
CY2019 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
50352000 shares
CY2018 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
45726000 shares
CY2020 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0 shares
CY2019 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
118000 shares
CY2018 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
29000 shares
CY2020 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
53295000 shares
CY2019 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
50470000 shares
CY2018 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
45755000 shares
CY2020 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-7.68
CY2019 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.80
CY2018 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.85
CY2020 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-7.68
CY2019 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.80
CY2018 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.85
CY2020Q4 us-gaap Operating Loss Carryforwards
OperatingLossCarryforwards
1700000000 USD
CY2020 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-20700000 USD
CY2019 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-69700000 USD
CY2020 us-gaap Unrecognized Tax Benefits Period Increase Decrease
UnrecognizedTaxBenefitsPeriodIncreaseDecrease
0 USD
CY2018 us-gaap Tax Cuts And Jobs Act Of2017 Income Tax Expense Benefit
TaxCutsAndJobsActOf2017IncomeTaxExpenseBenefit
-700000 USD
CY2020 parr Effective Income Tax Rate Reconciliation Permanent Items
EffectiveIncomeTaxRateReconciliationPermanentItems
-0.023
CY2020 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
0 USD
CY2019 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
-3203000 USD
CY2018 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
-328000 USD
CY2020 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
51000 USD
CY2019 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
400000 USD
CY2018 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
0 USD
CY2020 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
125000 USD
CY2019 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
0 USD
CY2018 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
0 USD
CY2020 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-20509000 USD
CY2019 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-58461000 USD
CY2018 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
426000 USD
CY2020 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-387000 USD
CY2019 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-8425000 USD
CY2018 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
235000 USD
CY2020 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-20720000 USD
CY2019 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-69689000 USD
CY2018 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
333000 USD
CY2020 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2019 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2018 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2020 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.001
CY2019 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
-0.011
CY2018 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.006
CY2020 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
-0.140
CY2019 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
2.271
CY2019 parr Effective Income Tax Rate Reconciliation Permanent Items
EffectiveIncomeTaxRateReconciliationPermanentItems
-0.043
CY2018 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
-0.213
CY2020 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.048
CY2019 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
2.413
CY2018 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.008
CY2018 parr Effective Income Tax Rate Reconciliation Permanent Items
EffectiveIncomeTaxRateReconciliationPermanentItems
0.013
CY2020 us-gaap Effective Income Tax Rate Reconciliation Prior Year Income Taxes
EffectiveIncomeTaxRateReconciliationPriorYearIncomeTaxes
0
CY2019 us-gaap Effective Income Tax Rate Reconciliation Prior Year Income Taxes
EffectiveIncomeTaxRateReconciliationPriorYearIncomeTaxes
-0.014
CY2018 us-gaap Effective Income Tax Rate Reconciliation Prior Year Income Taxes
EffectiveIncomeTaxRateReconciliationPriorYearIncomeTaxes
-0.008
CY2020Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
427245000 USD
CY2019Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
373717000 USD
CY2020Q4 us-gaap Deferred Tax Assets Goodwill And Intangible Assets
DeferredTaxAssetsGoodwillAndIntangibleAssets
2958000 USD
CY2019Q4 us-gaap Deferred Tax Assets Goodwill And Intangible Assets
DeferredTaxAssetsGoodwillAndIntangibleAssets
0 USD
CY2020Q4 parr Deferred Tax Assets Environmental Credit Obligation
DeferredTaxAssetsEnvironmentalCreditObligation
25994000 USD
CY2020Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets
0 USD
CY2019Q4 parr Deferred Tax Assets Environmental Credit Obligation
DeferredTaxAssetsEnvironmentalCreditObligation
771000 USD
CY2019Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
393277000 USD
CY2020Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
411422000 USD
CY2019Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
330251000 USD
CY2020Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
67326000 USD
CY2020Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
22551000 USD
CY2019Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
18789000 USD
CY2020Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
478748000 USD
CY2019Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
63026000 USD
CY2020Q4 us-gaap Deferred Tax Liabilities Deferred Expense Capitalized Inventory Costs
DeferredTaxLiabilitiesDeferredExpenseCapitalizedInventoryCosts
10328000 USD
CY2019Q4 us-gaap Deferred Tax Liabilities Deferred Expense Capitalized Inventory Costs
DeferredTaxLiabilitiesDeferredExpenseCapitalizedInventoryCosts
5738000 USD
CY2020Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
58122000 USD
CY2019Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
64281000 USD
CY2020Q4 us-gaap Deferred Tax Liabilities Investments
DeferredTaxLiabilitiesInvestments
4522000 USD
CY2019Q4 us-gaap Deferred Tax Liabilities Investments
DeferredTaxLiabilitiesInvestments
11609000 USD
CY2020Q4 us-gaap Deferred Tax Liabilities Deferred Expense Capitalized Interest
DeferredTaxLiabilitiesDeferredExpenseCapitalizedInterest
0 USD
CY2019Q4 us-gaap Deferred Tax Liabilities Deferred Expense Capitalized Interest
DeferredTaxLiabilitiesDeferredExpenseCapitalizedInterest
2285000 USD
CY2019Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
26541000 USD
CY2020Q4 us-gaap Operating Loss Carryforwards
OperatingLossCarryforwards
1700000000 USD
CY2019Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets
750000 USD
CY2020Q4 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
0 USD
CY2019Q4 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
4904000 USD
CY2020Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
72972000 USD
CY2019Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
89567000 USD
CY2020Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
5646000 USD
CY2020 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
4 segment
CY2020 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
3124870000 USD
CY2020 us-gaap Cost Of Goods And Service Excluding Depreciation Depletion And Amortization
CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization
2947697000 USD
CY2020 us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
277427000 USD
CY2020 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
90036000 USD
CY2020 us-gaap Asset Impairment Charges
AssetImpairmentCharges
85806000 USD
CY2020 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
41288000 USD
CY2020 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
614000 USD
CY2020 us-gaap Operating Income Loss
OperatingIncomeLoss
-317998000 USD
CY2020 us-gaap Interest Expense
InterestExpense
70222000 USD
CY2020 parr Debt Extinguishmentand Commitment Costs
DebtExtinguishmentandCommitmentCosts
0 USD
CY2020 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
1049000 USD
CY2020 us-gaap Fair Value Adjustment Of Warrants
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