Statement of Income Data

Year Ended December 31,
(in thousands, except per share information) 2016 2015 2014 2013 2012
Revenues 3,410,881 2,965,589 3,235,611 3,041,011 3,476,870
Costs and expenses 3,319,193 2,904,512 2,949,337 2,933,160 3,459,118
Gain on disposal of assets(1) 47,133
Operating income 91,688 61,077 286,274 107,851 64,885
Total other expense 53,337 39,612 35,844 35,570 39,729
Net Income 30,491 15,228 159,504 43,391 11,763
Net income attributable to Green Plains 10,663 7,064 159,504 43,391 11,779
Earnings per share attributable to Green Plains:
Basic 0.28 0.19 4.37 1.44 0.39
Diluted 0.28 0.18 3.96 1.26 0.39

Other Data (NON-GAAP)

EBITDA (unaudited and in thousands) 174,428 127,781 352,477 156,492 115,505

(1) In December 2012, we sold 12 grain elevators located in northwestern Iowa and western Tennessee consisting of approximately 32.6 million bushels of grain storage capacity and all of our agronomy and retail petroleum operations.

Balance Sheet Data

December 31,
(in thousands) 2016 2015 2014 2013 2012
Total cash and cash equivalents 356,190 411,885 455,252 299,021 280,104
Current assets 1,000,576 912,577 903,415 633,305 568,035
Total assets 2,506,492 1,917,920 1,821,062 1,532,045 1,349,734
Current liabilities 594,946 438,669 511,540 409,197 432,384
Long-term debt 782,610 432,139 399,440 480,746 362,549
Total liabilities 1,527,301 959,011 1,023,613 986,687 859,232
Stockholders' equity 979,191 958,909 797,449 545,358 490,502

The following table reconciles net income to EBITDA for the periods indicated (in thousands):

Year Ended December 31,
2016 2015 2014 2013 2012
Net Income 30,491 15,228 159,504 43,391 11,763
Interest expense 51,851 40,366 39,908 33,357 37,521
Income tax expense 7,860 6,237 90,926 28,890 13,393
Depreciation and amortization 84,226 65,950 62,139 50,854 52,828
EBITDA (unaudited) 174,428 127,781 352,477 156,492 115,505
Revenues Graph
Ethanol Production Graph
Total Cash and Cash Equivalents