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COMBINED AND CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Revenues:      
Retail revenues [2] $ 547,283 [1] $ 356,659 [3] $ 320,558
Net asset optimization revenues [4] (586) [1] 1,494 [3] 2,318
Total Revenues 546,697 [1] 358,153 [3] 322,876
Operating Expenses:      
Retail cost of revenues [5] 344,944 [1] 241,188 [3] 258,616
General and administrative [6] 84,964 [1] 61,682 [3] 45,880
Depreciation and amortization [1] 32,788 25,378 22,221
Total Operating Expenses 462,696 [1] 328,248 [3] 326,717
Operating income (loss) 84,001 [1] 29,905 [3] (3,841)
Other (expense)/income:      
Interest expense (8,859) [1] (2,280) [3] (1,578)
Interest and other income 957 [1] 324 [3] 263
Total other expenses (7,902) [1] (1,956) [3] (1,315)
Income (loss) before income tax expense 76,099 [1] 27,949 [3] (5,156)
Income tax expense (benefit) 10,426 [1] 1,974 [3] (891)
Net income (loss) 65,673 [1],[7],[8] 25,975 [3],[9] (4,265)
Less: Net income (loss) attributable to non-controlling interests 51,229 [1] 22,110 [3] (4,211)
Net income (loss) attributable to Spark Energy, Inc. stockholders 14,444 [1] 3,865 [3] (54)
Other comprehensive income (loss):      
Currency translation gain 41 [1] 0 [3] 0
Other comprehensive income 41 [1] 0 [3] 0
Comprehensive income (loss) 65,714 [1] 25,975 [3] (4,265)
Less: Comprehensive income attributable to non-controlling interests 51,259 [1] 22,110 [3] (4,211)
Comprehensive income attributable to Spark Energy, Inc. stockholders $ 14,455 [1] $ 3,865 [3] $ (54)
Net income (loss) attributable to Spark Energy, Inc. per common share      
Basic (in dollars per share) $ 2.53 [1] $ 1.26 [3] $ (0.02)
Diluted (in dollars per share) $ 2.23 [1] $ 1.06 [3] $ (0.02)
Weighted average commons shares outstanding      
Basic (in shares) 5,701 [1] 3,064 [3] 3,000
Diluted (in shares) 6,345 [1] 3,327 [3] 3,000
[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 Summary of Significant Accounting Policies" and "Acquisitions," respectively, for further discussion.
[2] Retail revenues includes retail revenues—affiliates of $0, $0 and $2,170 for the years ended December 31, 2016, 2015 and 2014, respectively.
[3] (2) 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 and 3 "Basis of Presentation and Summary of Significant Accounting Policies" and "Acquisitions", respectively, for further discussion.
[4] Net asset optimization revenues includes asset optimization (expense)/revenues—affiliates of $154, $1,101 and $12,842 for the years ended December 31, 2016, 2015 and 2014, respectively, and asset optimization revenues—affiliates cost of revenues of $1,633, $11,285 and $30,910 for the years ended December 31, 2016, 2015 and 2014, respectively.
[5] Retail cost of revenues includes retail cost of revenues—affiliates of $9, $17 and $13 for the years December 31, 2016, 2015 and 2014, respectively.
[6] General and administrative includes general and administrative expense—affiliates of $15,700, $0 and less than $100 for the years ended December 31, 2016, 2015 and 2014, respectively.
[7] 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 Summary of Significant Accounting Policies" and "Acquisitions," respectively, for further discussion.
[8] 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 Summary of Significant Accounting Policies" and "Acquisitions," respectively, for further discussion.
[9] 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 and Summary of Significant Accounting Policies" for further discussion.