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Equity (Tables) | 3 Months Ended
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Mar. 31, 2017
Equity [Abstract] |
Schedule of Ownership Interests Percentage | The Company and NuDevco Retail and Retailco owned the following economic interests in Spark HoldCo at December 31, 2016 and March 31, 2017, respectively. Non-controlling Interest Economic Interest
| The Company | NuDevco Retail and Retailco (1) (2)
December 31, 2016 | 38.85 | % | 61.15 | %
March 31, 2017 | 37.70 | % | 62.30 | %
. (1) In January 2016, Retailco succeeded to the interest of NuDevco Retail Holdings of its Class B common stock and an equal number of Spark HoldCo units it held pursuant to a series of transfers. (2) In January 2017, Retailco converted the CenStar Note and Oasis Note into 134,731 and 383,090 shares, respectively, of Class B common stock.
Schedule of Noncontrolling Interest | The following table summarizes the portion of net income and income tax expense (benefit) attributable to non-controlling interest (in thousands):
| Three Months Ended March 31,
| 2017 |  | 2016
Net income allocated to non-controlling interest | $ | 8,660 |  |  | $ | 12,008 |
Income tax expense (benefit) allocated to non-controlling interest | (457 | ) |  | 440 |
Net income attributable to non-controlling interest | $ | 9,117 |  |  | $ | 11,568 |
Earnings Per Share | The following table presents the computation of earnings per share for the three months ended March 31, 2017 and 2016 (in thousands, except per share data):
| Three Months Ended March 31,
| 2017 | 2016
Net income attributable to Spark Energy, Inc. stockholders | $ | 2,269 |  | $ | 4,173 |
Less: Accumulated dividend on Series A preferred stock | $ | 183 |  | $ | — |
Net income attributable to stockholders of Class A common stock (2) | $ | 2,086 |  | $ | 4,173 |
Basic weighted average Class A common shares outstanding | 6,498 |  | 3,756 |
Basic EPS attributable to stockholders | $ | 0.32 |  | $ | 1.11 |
Net income attributable to stockholders of Class A common stock (2) | $ | 2,086 |  | $ | 4,173 |
Effect of conversion of Class B common stock to shares of Class A common stock | — |  | 6,094 |
Effect of conversion of convertible subordinated notes into shares of Class B common stock and shares of Class B common stock into shares of Class A common stock (1) | — |  | (413 | )
Diluted net income attributable to stockholders of Class A common stock | 2,086 |  | 9,854 |
Basic weighted average Class A common shares outstanding | 6,498 |  | 3,756 |
Effect of dilutive Class B common stock | — |  | 10,113 |
Effect of dilutive convertible subordinated notes into shares of Class B common stock and shares of Class B common stock into shares of Class A common stock (1) | — |  | 493 |
Effect of dilutive restricted stock units | 136 |  | 158 |
Diluted weighted average shares outstanding | 6,634 |  | 14,520 |
Diluted EPS attributable to stockholders | $ | 0.31 |  | $ | 0.68 |
(1) The CenStar Note and Oasis Note converted into 134,731 and 383,090 shares of Class B common stock on January 8, 2017, and January 31, 2017, respectively.
Carrying Amounts and Classification of Assets and Liabilities of Variable Interest Entity | The following table includes the carrying amounts and classification of the assets and liabilities of Spark HoldCo that are included in the Company's condensed consolidated balance sheet as of March 31, 2017 (in thousands):
| March 31, 2017
Assets |
Current assets: |
Cash and cash equivalents | $ | 24,784 |
Accounts receivable | 108,754 |
Other current assets | 57,997 |
Total current assets | 191,535 |
Non-current assets: |
Goodwill | 79,407 |
Other assets | 40,392 |
Total non-current assets | 119,799 |
Total Assets | $ | 311,334 |
Liabilities |
Current liabilities: |
Accounts payable and Accrued Liabilities | $ | 77,633 |
Intercompany payable with Spark Energy, Inc. | 37,636 |
Current portion of Senior Credit Facility | 22,236 |
Contingent consideration | 12,103 |
Other current liabilities | 7,170 |
Total current liabilities | 156,778 |
Long-term liabilities: |
Contingent consideration | 4,083 |
Other long-term liabilities | 4,964 |
Total long-term liabilities | 9,047 |
Total Liabilities | $ | 165,825 |

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