XML 88 R77.htm IDEA: XBRL DOCUMENT v3.8.0.1
Segment Reporting - Reconciliation (Details) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Segment Reporting Information [Line Items]        
Income before income tax expense $ 15,393 $ 7,930 [1] $ 34,010 [2] $ 48,388 [1]
Interest and other income (168) (240) [1] (102) [2] (340) [1]
Interest expense 2,863 1,270 [1] 8,760 [2] 2,855 [1]
Operating Income 18,088 8,960 [1] 42,668 [2] 50,903 [1]
Depreciation and amortization 11,509 8,295 [1] 30,435 [2] 23,337 [1]
General and administrative [3] 25,566 18,009 [1] 69,405 [2] 55,188 [1]
Less        
Net asset optimization expenses [4] (320) 108 [1] (681) [2] (42) [1]
Net, (loss) gain on non-trading derivative instruments (2,752) (609) (34,225) 2,887
Net, Cash settlements on non-trading derivative instruments     20,816 [5] 18,693 [6]
Retail Gross Margin 50,570 45,228 158,319 123,610
Non-trading        
Less        
Net, (loss) gain on non-trading derivative instruments (2,568) (1,183) (34,146) 2,519
Net, Cash settlements on non-trading derivative instruments $ 7,481 $ (8,889) $ 19,016 $ 3,341
[1] Financial information has been recast to include results attributable to the acquisition of the Major Energy Companies by an affiliate on April 15, 2016. See Note 2 and 3 "Basis of Presentation and Summary of Significant Accounting Policies" and "Acquisitions," respectively, for further discussion.
[2] Financial information has been recast to include results attributable to the acquisition of Perigee Energy, LLC by an affiliate on February 3, 2017. See Notes 2 and 3 "Basis of Presentation and Summary of Significant Accounting Policies" and "Acquisitions," respectively, for further discussion.
[3] General and administrative expense includes general and administrative expense—affiliates of $5,500 and $3,078 for the three months ended September 30, 2017 and 2016, respectively, and $18,800 and $11,521 for the nine months ended September 30, 2017 and 2016, respectively.
[4] Net asset optimization revenues (expenses) includes asset optimization revenues—affiliates of $0 and $0 for the three months ended September 30, 2017 and 2016, respectively, and asset optimization revenues—affiliates cost of revenues of $0 and $0 for the three months ended September 30, 2017 and 2016, respectively, and asset optimization revenues—affiliates of $0 and $154 for the nine months ended September 30, 2017 and 2016, respectively, and asset optimization revenue—affiliates cost of revenues of $0 and $1,633 for the nine months ended September 30, 2017 and 2016, respectively.
[5] Financial information has been recast to include results attributable to the acquisition of Perigee Energy, LLC by an affiliate on February 3, 2017. See Notes 2 and 3 "Basis of Presentation and Summary of Significant Accounting Policies" and "Acquisitions," respectively, for further discussion.
[6] Financial information has been recast to include results attributable to the acquisition of the 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.