The following table provides a reconciliation of net income and the assumed allocation of net income to the limited partners’ interest for purposes of computing net income per limited partner unit for the three and six months ended June 30, 2013 and 2012 (in thousands, except per unit data):


	Three Months Ended June 30, 2013											Three Months Ended June 30, 2012
	Total			Limited Partner Interest			General Partner Interest			IDRs		Total		Limited Partner Interest		General Partner Interest			IDRs
Numerator:
Net income attributable to Global Partners LP	$	8,694		$	7,898		$	796		$	—	$	18,515	$	18,206	$	309		$	—

Declared distribution	$	16,975		$	16,116		$	135		$	724	$	14,781	$	14,401	$	121		$	259
Assumed allocation of undistributed net income	(8,281		)	(8,218		)	(63		)	—		3,734		3,805		(71		)	—
Assumed allocation of net income	$	8,694		$	7,898		$	72		$	724	$	18,515	$	18,206	$	50		$	259

Denominator:
Basic weighted average limited partner units outstanding				27,394										27,376
Dilutive effect of phantom units				97										173
Diluted weighted average limited partner units outstanding				27,491										27,549

Basic net income per limited partner unit				$	0.29									$	0.67
Diluted net income per limited partner unit				$	0.29									$	0.66


	Six Months Ended June 30, 2013											Six Months Ended June 30, 2012
	Total			Limited Partner Interest			General Partner Interest			IDRs		Total			Limited Partner Interest			General Partner Interest			IDRs
Numerator:
Net income attributable to Global Partners LP (1)	$	23,519		$	21,917		$	1,602		$	—	$	17,115		$	16,698		$	417		$	—

Declared distribution	$	33,771		$	32,095		$	269		$	1,407	$	28,767		$	28,117		$	236		$	414
Adjustment to distribution in connection with the Alliance acquisition (2)	—			—			—			—		(1,929		)	(1,929		)	—			—
Adjusted declared distribution	33,771			32,095			269			1,407		26,838			26,188			236			414
Assumed allocation of undistributed net income	(10,252		)	(10,178		)	(74		)	—		(9,723		)	(9,490		)	(233		)	—
Assumed allocation of net income	$	23,519		$	21,917		$	195		$	1,407	$	17,115		$	16,698		$	3		$	414

Denominator:
Basic weighted average limited partner units outstanding				27,358											25,466
Dilutive effect of phantom units				96											172
Diluted weighted average limited partner units outstanding				27,454											25,638

Basic net income per limited partner unit				$	0.80										$	0.66
Diluted net income per limited partner unit				$	0.80										$	0.65

(1) Calculation includes the effect of the March 1, 2012 issuance of 5,850,000 common units in connection with the acquisition of Alliance. As a result, the general partner interest was 0.83% for the six months ended June 30, 2013 and, based on a weighted average, 0.95% for the six months ended June 30, 2012.

(2) In connection with the acquisition of Alliance on March 1, 2012 and the issuance of 5,850,000 common units, the Contribution Agreement provided that any declared distribution for the first quarter of 2012 reflect the seller’s actual period of ownership during that quarter. The payment by the seller of $1.9 million reflects the timing of the transaction (March 1), the seller’s 31 days of actual unit ownership in the 91 days of the quarter and the net receipt by seller ($1.0 million) of a pro-rated portion of the quarterly cash distribution of $0.50 per unit paid on the issued 5,850,000 common units.