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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2016
[2]
Sep. 30, 2015
Cash flows from operating activities:    
Net income $ 41,536 [1],[3] $ 22,843 [4],[5]
Adjustments to reconcile net income to net cash flows provided by operating activities:    
Depreciation and amortization expense 32,743 17,873
Deferred income taxes 1,408 872 [4]
Stock based compensation 4,027 1,992 [4]
Amortization of deferred financing costs 465 295 [4]
Change in fair value of CenStar Earnout 843 0 [4]
Bad debt expense 842 6,082 [4]
Loss on derivatives, net (2,887) 6,118 [4]
Current period cash settlements on derivatives, net (18,693) (15,120) [4]
Other 314 21 [4]
Changes in assets and liabilities:    
Decrease in restricted cash 0 707 [4]
Decrease in accounts receivable 21,147 18,566 [4]
(Increase) decrease in accounts receivable—affiliates (997) (216) [4]
Decrease in inventory 568 2,978 [4]
Increase in customer acquisition costs (10,234) (17,725) [4]
(Increase) decrease in prepaid and other current assets (923) 11,110 [4]
Increase in intangible assets—customer relationships 0 (2,776) [4]
Decrease (increase) in other assets 733 (256) [4]
Decrease in accounts payable and accrued liabilities (6,490) (14,610) [4]
Increase in accounts payable—affiliates 636 849 [4]
Decrease in other current liabilities (1,783) (1,534) [4]
(Decrease) increase in other non-current liabilities (1,612) 1,606 [4]
Net cash provided by operating activities 61,643 39,675 [4]
Cash flows from investing activities:    
Purchases of property and equipment (1,763) (1,255) [4]
Acquisition of CenStar and Oasis net assets 0 (41,234) [4]
Acquisition of Major Energy Companies and Provider Companies net assets (30,507) 0 [4]
Payment of CenStar Earnout (1,343) 0 [4]
Investment in eREX Spark Marketing Joint Venture (562) (330) [4]
Net cash used in investing activities (34,175) (42,819) [4]
Cash flows from financing activities:    
Borrowings on the Senior Credit Facility 47,923 52,225 [4]
Payments on the Senior Credit Facility (44,601) (38,000) [4]
Contributions from NuDevco 0 129 [4]
Proceeds from issuance of Class B common stock 13,995 0 [4]
Proceeds from disgorgement of stockholders short-swing profits 941 0 [4]
Issuance of convertible subordinated notes to affiliate 0 7,075 [4]
Restricted stock vesting (1,183) (265) [4]
Excess tax benefit related to restricted stock vesting 185 0 [4]
Payment of dividends to Class A common stockholders (6,012) (3,333) [4]
Payment of distributions to non-controlling unitholders (26,283) (11,691) [4]
Net cash (used in) provided by financing activities (15,035) 6,140 [4]
Increase in cash and cash equivalents 12,433 2,996 [4]
Cash and cash equivalents—beginning of period 4,474 4,359 [4]
Cash and cash equivalents—end of period 16,907 7,355 [4]
Non-cash items:    
Contingent consideration - earnout obligations incurred in connection with the Provider Companies and Major Energy Companies acquisitions 18,936 0 [4]
Assumption of legal liability in connection with the Major Energy Companies acquisition 5,000 0
Contribution of the Major Energy Companies in excess of cash 6,040 0
Installment consideration incurred in connection with the Provider Companies acquisition 3,023 0 [4]
Property and equipment purchase accrual 64 11 [4]
Liability due to tax receivable agreement (29,912) 0 [4]
Tax benefit from tax receivable agreement 33,124 0 [4]
Cash paid during the period for:    
Interest 1,450 1,061 [4]
Taxes 3,783 157 [4]
Common Class B    
Non-cash items:    
Value of shares issued $ 40,000 $ 0 [4]
[1] Financial information has been recast to include results attributable to the acquisition of Major Energy Companies by an affiliate on April 15, 2016. See Notes 2 and 3 "Basis of Presentation" and "Acquisitions," respectively, for further discussion.
[2] Financial information has been recast to include results attributable to the acquisition of the Major Energy Companies from an affiliate on August 23, 2016. See Notes 2 and 3 "Basis of Presentation" and "Acquisitions," respectively, for further discussion.
[3] Financial information has been recast to include results attributable to the acquisition of the Major Energy Companies from an affiliate on August 23, 2016. See Notes 2 and 3 "Basis of Presentation" and "Acquisitions," respectively, for further discussion.
[4] Financial information has been recast to include results attributable to the acquisition of Oasis Power Holdings LLC by an affiliate on May 12, 2015. See Notes 2 "Basis of Presentation" for further discussion.
[5] Financial information has been recast to include results attributable to the acquisition of Oasis Power Holdings LLC from an affiliate on May 12, 2015. See Notes 2 "Basis of Presentation" for further discussion.