Equity

12 Months Ended

Dec. 31, 2014

Equity [Abstract]

Equity

Equity

Class A Common Stock

The Company has a total of 3,000,000 shares of its Class A common stock outstanding at December 31, 2014. Each share of Class A common stock holds economic rights and entitles its holder to one vote on all matters to be voted on by shareholders generally.

Class B Common Stock

The Company has a total of 10,750,000 shares of its Class B common stock outstanding at December 31, 2014. Each share of Class B common stock, all of which is held by NuDevco, has no economic rights but entitles its holder to one vote on all matters to be voted on by shareholders generally.

Holders of Class A common stock and Class B common stock vote together as a single class on all matters presented to our shareholders for their vote or approval, except as otherwise required by applicable law or by our certificate of incorporation.

Preferred Stock

The Company has 20,000,000 shares of authorized preferred stock for which there are no issued and outstanding shares at December 31, 2014.

Earnings Per Share

The Company’s unvested restricted stock units were not recognized in dilutive earnings per share as they would have been antidilutive. The Class B common stock conversion to Class A common stock was not recognized in dilutive earnings per share for the year ended December 31, 2014 as the effect of the conversion would be antidilutive.

The following table presents the computation of earnings per share for the year ended December 31, 2014 (in thousands, except per share data):

	Year Ended
	December 31, 2014
Net loss attributable to Spark Energy, Inc. stockholders	$	(54	)
Basic weighted average Class A common shares outstanding (1)	3,000
Basic EPS attributable to Spark Energy, Inc. stockholders	$	(0.02	)
Net loss attributable to Spark Energy, Inc. stockholders	$	(54	)
Effect of conversion of Class B common stock to shares of Class A common stock	—
Diluted net loss attributable to Spark Energy, Inc. stockholders	(54		)
Basic weighted average Class A common shares outstanding (1)	3,000
Effect of dilutive Class B common stock (1)	—
Effect of dilutive restricted stock units	—
Diluted weighted average shares outstanding	3,000
Diluted EPS attributable to Spark Energy, Inc. stockholders	$	(0.02	)

⁽¹⁾ Based on outstanding shares for the period from the Offering date of August 1, 2014 to December 31, 2014.