Well then My PREDICTION-FOR-Q2 Net INCOME-PER-SHARE IS $1.27!!!! as of July 1, 2014!!
......................................................................................................... Three Months Ended.......Three Months Ended........Three Months Ended
......................................................................................................... December 31,2013..........March 31, 2014...........June 30, 2014(estimate)
Net sales.................................................................................................... $ 215,290...............$254,543....................$280,000
Cost of goods sold.......................................................................................... 193,694............... 215,998......................242,000
Gross profit (loss)............................................................................................. 21,596..................38,545........................42,000(4 plants working)
Selling, general and administrative expenses........................................................ 4,372................... 3,670..........................4,200
Income (loss) from operations............................................................................ 17,224..................34,875........................37,800
Fair value adjustments and warrant inducements.................................................. (2,520)............... (35,844).......................(4,257) (5.5M down to 4.0M gives adjustment now as per yourself)
Interest expense, net......................................................................................... (3,688)................. (4,351).......................(4,500) (As per CC and estimate re early loan retirement)
Loss on extinguishments of debt........................................................................ (1,240)....................—................................—
Other expense, net................................................................................................ (31)....................(227)...........................(243)
Income (loss) before provision for income taxes..................................................... 9,745..................(5,547)........................28,800
Provision for income taxes...................................................................................... —....................(3,270)........................(3,400)
Consolidated net income (loss)............................................................................ 9,745..................(8,817)........................25,400
Net (income) loss attributed to noncontrolling interest in variable interest entity........ (1,152)................ (2,009)........................(2,000)
Net income (loss) attributed to Pacific Ethanol.................................................... $ 8,593..............$ (10,826).......................23,400
Preferred stock dividends.................................................................................... $ (319).................$ (312)........................$ (400)
Income (loss) available to common stockholders................................................. $ 8,274.............. $ (11,138)....................$ 23,000
Net income (loss) per share, basic....................................................................... $ 0.55................. $ (0.69)....................$ 1.27
Weighted-average shares outstanding, basic and diluted....................................... 15,293...................16,181.......................18,000
Therefore for 2 quarters TOTAL $0.58 per share net!!
GLTA
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