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Segment Reporting (Tables)

3 Months Ended

Mar. 31, 2017

Segment Reporting [Abstract]

Reconciliation of Operating Profit (Loss) from Segments to Consolidated

Below is a reconciliation of retail gross margin to income before income tax expense (in thousands):

	Three Months Ended March 31,
	2017				2016
Reconciliation of Retail Gross Margin to Income before taxes
Income before income tax expense	$	13,792			$	16,729
Interest and other income	(199		)		95
Interest expense	3,445				753
Operating Income	17,038				17,577
Depreciation and amortization	9,232				6,789
General and administrative	24,377				17,380
Less:
Net asset optimization (expenses) revenues	(194		)		527
Net, Losses on non-trading derivative instruments	(21,037		)		(9,620		)
Net, Cash settlements on non-trading derivative instruments	7,574				11,277
Retail Gross Margin	$	64,304			$	39,562

Schedule of Segment Reporting Information, by Segment

Financial data for business segments are as follows (in thousands):

Three Months Ended March 31, 2017	Retail Electricity				Retail Natural Gas				Corporate and Other				Eliminations				Spark Retail
Total Revenues	$	131,733			$	62,612			$	—			$	—			$	194,345
Retail cost of revenues	106,780				36,918				—				—				143,698
Less:
Net asset optimization expenses	—				(194		)		—				—				(194		)
Losses on non-trading derivatives	(19,287		)		(1,750		)		—				—				(21,037		)
Current period settlements on non-trading derivatives	7,764				(190		)		—				—				7,574
Retail Gross Margin	$	36,476			$	27,828			$	—			$	—			$	64,304
Total Assets at March 31, 2017	$	666,742			$	272,045			$	163,806			$	(736,776	)		$	365,817
Goodwill at March 31, 2017	$	76,877			$	2,530			$	—			$	—			$	79,407

Three Months Ended March 31, 2016	Retail Electricity				Retail Natural Gas				Corporate and Other				Eliminations				Spark Retail
Total revenues	$	61,933			$	48,613			$	—			$	—			$	110,546
Retail cost of revenues	46,300				22,500				—				—				68,800
Less:
Net asset optimization revenues	—				527				—				—				527
Losses on non-trading derivatives	(9,390		)		(230		)		—				—				(9,620		)
Current period settlements on non-trading derivatives	9,617				1,660				—				—				11,277
Retail Gross Margin	$	15,406			$	24,156			$	—			$	—			$	39,562
Total Assets at December 31, 2016	$	577,695			$	242,739			$	169,404			$	(613,670	)		$	376,168
Goodwill at December 31, 2016	$	76,617			$	2,530			$	—			$	—			$	79,147

Three Months Ended March 31, 2017	Retail Electricity				Retail Natural Gas				Corporate and Other				Eliminations				Spark Retail
Total revenues					$	—			$	—			$	—			$	—
Retail cost of revenues					—				—				—
Less:
Net asset optimization expenses	—				—				—				—
(Losses) gains on non-trading derivatives					2,519				—				—				2,519
Current period settlements on non-trading derivatives					3,341				—				—				3,341
Retail Gross Margin	$	—			$	(5,860	)		$	—			$	—			$	(5,860	)
Total Assets at March 31, 2017	$	666,742			$	272,045			$	163,806			$	(736,776	)		$	365,817
Goodwill at March 31, 2017	$	76,877			$	2,530			$	—			$	—			$	79,407

Three Months Ended March 31, 2016	Retail Electricity				Retail Natural Gas				Corporate and Other				Eliminations				Spark Retail
Total revenues					$	—			$	—			$	—			$	—
Retail cost of revenues					—				—				—
Less:
Net asset optimization revenues	—				—				—				—
(Losses) gains on non-trading derivatives					(5,876		)		—				—				(5,876		)
Current period settlements on non-trading derivatives					12,643				—				—				12,643
Retail Gross Margin	$	—			$	(6,767	)		$	—			$	—			$	(6,767	)
Total Assets at December 31, 2016					$	376,168											$	376,168
Goodwill at December 31, 2016					$	79,147			$	—			$	—			$	79,147

X

- Definition

Tabular disclosure of the reconciliation of profit (loss) from reportable segments to the consolidated income (loss) before income tax expense (benefit) and discontinued operations. Includes, but is not limited to, reconciliation after income tax if income tax is allocated to the reportable segment.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 31
-URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8924-108599

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8906-108599

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- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8906-108599

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 25
-URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8813-108599

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 21
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8721-108599

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=35741047&loc=d3e13816-109267

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8736-108599

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