Net Income Per Common Limited Partner Unit (Tables)

6 Months Ended

Jun. 30, 2020

Schedule of reconciliation of net income and the assumed allocation of net income (loss) to the limited partners' interest for purposes of computing net income per limited partner unit (in thousands, except per unit data)

	Three Months Ended June 30, 2020								Three Months Ended June 30, 2019
			Common		General						Common		General
			Limited		Partner						Limited		Partner
Numerator:	Total		Partners		Interest		IDRs		Total		Partners		Interest		IDRs
Net income attributable to Global Partners LP	$	76,262	$	75,751	$	511	$	—	$	14,489	$	14,123	$	366	$	—
Declared distribution	$	15,701	$	15,595	$	106	$	—	$	17,895	$	17,508	$	118	$	269
Assumed allocation of undistributed net (income) loss		60,561		60,156		405		—		(3,406)		(3,385)		(21)		—
Assumed allocation of net income	$	76,262	$	75,751	$	511	$	—	$	14,489	$	14,123	$	97	$	269
Less net income attributable to Series A preferred limited partners				1,682								1,682
Net income attributable to common limited partners			$	74,069							$	12,441
Denominator:
Basic weighted average common units outstanding				33,869								33,755
Dilutive effect of phantom units				335								531
Diluted weighted average common units outstanding				34,204								34,286
Basic net income per common limited partner unit			$	2.19							$	0.37
Diluted net income per common limited partner unit			$	2.17							$	0.36

	Six Months Ended June 30, 2020								Six Months Ended June 30, 2019
			Common		General						Common		General
			Limited		Partner						Limited		Partner
Numerator:	Total		Partners		Interest		IDRs		Total		Partners		Interest		IDRs
Net income attributable to Global Partners LP	$	79,538	$	79,005	$	533	$	—	$	21,615	$	20,945	$	670	$	—
Declared distribution	$	29,177	$	28,980	$	197	$	—	$	35,606	$	34,846	$	235	$	525
Assumed allocation of undistributed net income (loss)		50,361		50,025		336		—		(13,991)		(13,901)		(90)		—
Assumed allocation of net income	$	79,538	$	79,005	$	533	$	—	$	21,615	$	20,945	$	145	$	525
Less net income attributable to Series A preferred limited partners				3,364								3,364
Net income attributable to common limited partners			$	75,641							$	17,581
Denominator:
Basic weighted average common units outstanding				33,869								33,754
Dilutive effect of phantom units				379								505
Diluted weighted average common units outstanding				34,248								34,259
Basic net income per common limited partner unit			$	2.23							$	0.52
Diluted net income per common limited partner unit			$	2.21							$	0.51

Common Limited Partners

Schedule of quarterly cash distributions on common units

	Per Unit Cash		Distribution Declared for the
Cash Distribution Declaration Date	Distribution Declared		Quarterly Period Ended
April 27, 2020	$	0.39375	March 31, 2020
July 31, 2020	$	0.45875	June 30, 2020

Series A Preferred Limited Partners

Schedule of quarterly cash distributions on common units

	Per Unit Cash		Distribution Declared for the
Cash Distribution Declaration Date	Distribution Declared		Quarterly Period Covering
April 16, 2020	$	0.609375	February 15, 2020 - May 14, 2020
July 20, 2020	$	0.609375	May 15, 2020 - August 14, 2020