XML 15 R4.htm IDEA: XBRL DOCUMENT v3.8.0.1
Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Revenues:    
Electricity $ 52,966 $ 45,126
Natural gas 17,940 13,366
Other 499 387
Total revenues 71,405 58,879
Cost of revenues 46,556 34,832
Gross profit 24,849 24,047
Operating expenses and losses:    
Selling, general and administrative [1] 18,802 16,008
Research and development 127
Exploration 851 1,691
Equity in the net loss of AMSO, LLC 222
Income from operations 5,196 5,999
Interest income 86 82
Other expense, net (287) (135)
Income before income taxes 4,995 5,946
Provision for income taxes (856) (1,096)
Net income 4,139 4,850
Net loss attributable to noncontrolling interests 443 819
Net income attributable to Genie Energy Ltd. 4,582 5,669
Dividends on preferred stock (370) (370)
Net income attributable to Genie Energy Ltd. common stockholders $ 4,212 $ 5,299
Earnings per share attributable to Genie Energy, Ltd. common stockholders:    
Basic $ 0.18 $ 0.23
Diluted $ 0.18 $ 0.22
Weighted-average number of shares used in calculation of earnings per share:    
Basic 23,450 22,791
Diluted 23,761 23,684
Dividends declared per common share $ 0.075 $ 0.06
[1] Stock-based compensation included in selling, general and administrative expense