| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | ||
|---|---|---|---|---|---|---|
Revenues | ||||||
9,298 | 10,233 | 7,267 | 4,197 | 4,782 | ||
Cost of sales: | ||||||
Cost of sales: | ||||||
Cost of materials and other | ||||||
7,657 | 8,560 | 6,327 | 3,812 | 4,236 | ||
Operating expenses (excluding depreciation and amortization presented below) | ||||||
580 | 538 | 375 | 247 | 270 | ||
Depreciation and amortization | ||||||
170 | 161 | 132 | 106 | - | ||
Cost of Revenue | ||||||
8,408 | 9,260 | 6,835 | 4,166 | - | ||
Gain on Business Interruption Insurance Recovery | ||||||
- | - | - | 42 | 0 | ||
Operating expenses related to retail and wholesale business (excluding depreciation and amortization presented below) | ||||||
102 | 106 | 53 | 2 | - | ||
General and administrative expenses | ||||||
274 | 247 | 175 | 106 | 100 | ||
Depreciation and amortization | ||||||
23 | 38 | 21 | 10 | 106 | ||
Other operating (income) expense, net | ||||||
2 | 31 | -1 | -4 | 0 | ||
Total operating costs and expenses | ||||||
8,805 | 9,621 | 7,086 | 4,247 | 4,713 | ||
Operating (loss) income | ||||||
492 | 611 | 180 | -49 | 68 | ||
Interest expense | ||||||
131 | 125 | 93 | 54 | 52 | ||
Interest income | ||||||
11 | 5 | 4 | 1 | 1 | ||
Income from equity method investments | ||||||
34 | 9 | 12 | -43 | 2 | ||
Equity Method Investment, Other than Temporary Impairment | ||||||
- | - | - | 245 | 0 | ||
Gain (Loss) on Remeasurement of Equity Method Investment | ||||||
0 | 0 | 190 | 0 | 0 | ||
Gain on sale of business | ||||||
0 | 13 | 0 | 0 | - | ||
Impairment loss on assets held for sale | ||||||
0 | 27 | 0 | 0 | - | ||
Loss on extinguishment of debt | ||||||
0 | -9 | 0 | 0 | - | ||
Other income, net | ||||||
-4 | 7 | 6 | -0 | 1 | ||
Total non-operating expenses, net | ||||||
-89 | -126 | 119 | -342 | -47 | ||
(Loss) income before income tax (benefit) expense | ||||||
402 | 485 | 299 | -391 | 21 | ||
Income tax (benefit) expense | ||||||
71 | 101 | -29 | -171 | -15 | ||
Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | ||||||
331 | 383 | 328 | -219 | 37 | ||
Discontinued operations: | ||||||
Discontinued operations: | ||||||
Income (loss) from discontinued operations, including gain (loss) on sale of discontinued operations | ||||||
6 | -10 | -8 | 144 | 5 | ||
Income tax expense (benefit) | ||||||
1 | -2 | -2 | 57 | -0 | ||
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | ||||||
5 | -8 | -5 | 86 | 6 | ||
Net (loss) income | ||||||
336 | 374 | 322 | -133 | 43 | ||
Net income attributed to non-controlling interests | ||||||
25 | 34 | 33 | 20 | 24 | ||
Net (loss) income attributable to Delek | ||||||
310 | 340 | 288 | -153 | 19 | ||
Basic (loss) income per share: | ||||||
Income (Loss) from Continuing Operations, Per Basic Share | ||||||
4.03 | 4.31 | 4.12 | -3.88 | 0.21 | ||
Discontinued Operation, Income (Loss) from Discontinued Operation, Net of Tax, Per Basic Share | ||||||
0.07 | -0.20 | -0.08 | 1.39 | 0.11 | ||
Earnings Per Share, Basic | ||||||
4.10 | 4.11 | 4.04 | -2.49 | 0.32 | ||
Diluted (loss) income per share: | ||||||
Income (Loss) from Continuing Operations, Per Diluted Share | ||||||
3.99 | 4.14 | 4.08 | -3.88 | 0.21 | ||
Discontinued Operation, Income (Loss) from Discontinued Operation, Net of Tax, Per Diluted Share | ||||||
0.07 | -0.19 | -0.08 | 1.39 | 0.11 | ||
Earnings Per Share, Diluted | ||||||
4.06 | 3.95 | 4.00 | -2.49 | 0.32 | ||
Weighted average common shares outstanding: | ||||||
Basic (in shares) | ||||||
75 | 82 | 71 | 61 | 60 | ||
Diluted (in shares) | ||||||
76 | 86 | 72 | 61 | 61 | ||
Dividends declared per common share outstanding (in dollars per share) | ||||||
1.14 | 0.96 | 0.60 | 0.60 | 0.60 | ||