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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Revenues:        
Retail revenues $ 141,188 $ 207,341 $ 436,166 $ 625,300
Net asset optimization (expense) revenues (558) (254) (319) 2,242
Total Revenues 140,630 207,087 435,847 627,542
Operating Expenses:        
Retail cost of revenues 85,118 123,867 269,546 477,881
General and administrative 19,080 27,629 66,087 94,352
Depreciation and amortization 7,278 9,496 24,084 31,963
Total Operating Expenses 111,476 160,992 359,717 604,196
Operating income 29,154 46,095 76,130 23,346
Other (expense)/income:        
Interest expense (1,487) (2,174) (4,233) (6,392)
Interest and other income 80 322 293 1,005
Total other expenses (1,407) (1,852) (3,940) (5,387)
Income before income tax expense 27,747 44,243 72,190 17,959
Income tax expense 5,141 6,567 12,739 3,022
Net income 22,606 37,676 59,451 14,937
Less: Net income attributable to non-controlling interests 12,993 22,142 34,200 5,736
Net income attributable to Spark Energy, Inc. stockholders 9,613 15,534 25,251 9,201
Less: Dividends on Series A Preferred Stock 1,951 2,026 5,490 6,080
Net income attributable to stockholders of Class A common stock 7,662 13,508 19,761 3,121
Other comprehensive income, net of tax:        
Currency translation loss 0 (45) 0 (143)
Other comprehensive loss 0 (45) 0 (143)
Comprehensive income 22,606 37,631 59,451 14,794
Less: Comprehensive income attributable to non-controlling interests 12,993 22,116 34,200 5,652
Comprehensive income attributable to Spark Energy, Inc. stockholders $ 9,613 $ 15,515 $ 25,251 $ 9,142
Net income attributable to Spark Energy, Inc. per share of Class A common stock        
Basic (in dollars per share) $ 520 $ 0.94 $ 1,360 $ 0.22
Diluted (in dollars per share) $ 520 $ 0.93 $ 1,350 $ 0.22
Weighted average shares of Class A common stock outstanding        
Basic (in shares) 14,653 14,380 14,531 14,254
Diluted (in shares) 14,671 14,514 14,655 14,429