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Condensed Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Product sales $ 125,422 $ 103,577 $ 366,142 $ 323,269
Other revenue 6,036 7,217 14,387 14,486
Net revenue 131,458 110,794 380,529 337,755
Cost of goods sold, excluding depreciation and amortization 100,403 80,420 293,421 258,019
Loss on disposal of assets 1,237 1,523 3,242 1,679
Depreciation and amortization 8,700 6,434 26,085 20,429
Total cost of goods sold 110,340 88,377 322,748 280,127
Gross margin 21,118 22,417 57,781 57,628
General and administrative expenses 7,131 8,708 21,826 22,025
Income from operations 13,987 13,709 35,955 35,603
Other income (expense):        
Interest expense (7,652) (3,314) (23,062) (9,535)
Related-party interest expense   (51)   (561)
Other (expense) income (1) 2 (198) 274
Total other expense, net (7,653) (3,363) (23,260) (9,822)
Net income 6,334 10,346 12,695 25,781
Less net loss attributable to noncontrolling partners’ interests 5 1,366 41 3,467
Net income attributable to Enviva Partners, LP $ 6,339 $ 11,712 $ 12,736 $ 29,248
Net income per unit:        
Common - basic (in dollars per unit) $ 0.20 $ 0.51 $ 0.40 $ 1.28
Common - diluted (in dollars per unit) 0.19 0.50 0.37 1.26
Subordinated - basic (in dollars per unit) 0.20 0.51 0.40 1.28
Subordinated - diluted (in dollars per unit) $ 0.20 $ 0.50 $ 0.40 $ 1.26
Weighted-average number of limited partner units outstanding:        
Common - basic (in units) 14,412 12,919 14,400 12,878
Common - diluted (in units) 15,385 13,480 15,343 13,420
Subordinated - basic and diluted (in units) 11,905 11,905 11,905 11,905
General Partner        
Other income (expense):        
Net income     $ 1,567  
Net income attributable to Enviva Partners, LP $ 1,063 $ 302 2,269 $ 716
Limited Partners        
Other income (expense):        
Net income attributable to Enviva Partners, LP 6,339 13,033 12,736 32,580
Sampson, LLC Drop-Down        
Other income (expense):        
Net income   (1,300)   (3,400)
Sampson, LLC Drop-Down | General Partner        
Other income (expense):        
Net income attributable to Enviva Partners, LP   (1,321)   (3,332)
Enviva Partners LP Excluding Sampson Dropdown        
Other income (expense):        
Net income attributable to Enviva Partners, LP $ 6,339 $ 13,033 $ 12,736 $ 32,580