Net Income Per Common Limited Partner Unit (Tables)

9 Months Ended

Sep. 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 September 30, 2020								Three Months Ended September 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	$	18,230	$	17,906	$	324	$	—	$	15,080	$	14,685	$	395	$	—
Declared distribution	$	17,306	$	16,998	$	106	$	202	$	18,091	$	17,678	$	119	$	294
Assumed allocation of undistributed net income (loss)		924		908		16		—		(3,011)		(2,993)		(18)		—
Assumed allocation of net income	$	18,230	$	17,906	$	122	$	202	$	15,080	$	14,685	$	101	$	294
Less net income attributable to Series A preferred limited partners				1,682								1,682
Net income attributable to common limited partners			$	16,224							$	13,003
Denominator:
Basic weighted average common units outstanding				33,924								33,865
Dilutive effect of phantom units				285								401
Diluted weighted average common units outstanding				34,209								34,266
Basic net income per common limited partner unit			$	0.48							$	0.38
Diluted net income per common limited partner unit			$	0.47							$	0.38

	Nine Months Ended September 30, 2020								Nine Months Ended September 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	$	97,768	$	96,911	$	857	$	—	$	36,695	$	35,630	$	1,065	$	—
Declared distribution	$	46,483	$	45,978	$	303	$	202	$	53,697	$	52,524	$	354	$	819
Assumed allocation of undistributed net income (loss)		51,285		50,933		352		—		(17,002)		(16,894)		(108)		—
Assumed allocation of net income	$	97,768	$	96,911	$	655	$	202	$	36,695	$	35,630	$	246	$	819
Less net income attributable to Series A preferred limited partners				5,046								5,046
Net income attributable to common limited partners			$	91,865							$	30,584
Denominator:
Basic weighted average common units outstanding				33,887								33,791
Dilutive effect of phantom units				354								464
Diluted weighted average common units outstanding				34,241								34,255
Basic net income per common limited partner unit			$	2.71							$	0.91
Diluted net income per common limited partner unit			$	2.68							$	0.89

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
October 26, 2020	$	0.50000	September 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
October 19, 2020	$	0.609375	August 15, 2020 - November 14, 2020