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Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2017
Oct. 01, 2016
Sep. 30, 2017
Oct. 01, 2016
Revenue:        
Product $ 465,556 $ 386,236 $ 1,088,299 $ 907,679
Service 108,831 93,974 223,500 193,206
Net revenue 574,387 480,210 1,311,799 1,100,885
Delivery and subcontract revenue 59,794 49,227 130,752 102,205
Total revenue 634,181 529,437 1,442,551 1,203,090
Cost of revenue (excluding items shown separately below):        
Product 277,301 224,868 677,861 559,293
Service 72,450 61,725 154,408 136,250
Net cost of revenue 349,751 286,593 832,269 695,543
Delivery and subcontract cost 59,794 49,227 130,752 102,205
Total cost of revenue 409,545 335,820 963,021 797,748
General and administrative expenses 59,175 64,096 175,729 184,956
Depreciation, depletion, amortization and accretion 48,969 39,427 133,756 109,195
Transaction costs 2,581 1,684 6,474 5,290
Operating income 113,911 88,410 163,571 105,901
Interest expense 28,921 25,273 79,876 72,467
Loss on debt financings     190  
Tax receivable agreement expense 489,215   490,740  
Other (income) expense, net (2,716) 722 (3,963) 1,270
(Loss) income from operations before taxes (401,509) 62,415 (403,272) 32,164
Income tax (benefit) expense (483,584) 1,309 (482,327) (7,913)
Net income 82,075 61,106 79,055 40,077
Net income (loss) attributable to noncontrolling interest in subsidiaries 59 92 (27) 57
Net income attributable to Summit Holdings 2,964 16,194 2,474 2,947
Net income attributable to Summit Materials, Inc. / member of Summit Materials, LLC 79,052 44,820 76,608 37,073
Summit Materials, LLC        
Revenue:        
Product 465,556 386,236 1,088,299 907,679
Service 108,831 93,974 223,500 193,206
Net revenue 574,387 480,210 1,311,799 1,100,885
Delivery and subcontract revenue 59,794 49,227 130,752 102,205
Total revenue 634,181 529,437 1,442,551 1,203,090
Cost of revenue (excluding items shown separately below):        
Product 277,301 224,868 677,861 559,293
Service 72,450 61,725 154,408 136,250
Net cost of revenue 349,751 286,593 832,269 695,543
Delivery and subcontract cost 59,794 49,227 130,752 102,205
Total cost of revenue 409,545 335,820 963,021 797,748
General and administrative expenses 59,175 64,096 175,729 184,956
Depreciation, depletion, amortization and accretion 48,969 39,427 133,756 109,195
Transaction costs 2,581 1,684 6,474 5,290
Operating income 113,911 88,410 163,571 105,901
Interest expense 28,708 25,019 79,195 71,668
Loss on debt financings     190  
Other (income) expense, net (2,716) 722 (3,963) 1,253
(Loss) income from operations before taxes 87,919 62,669 88,149 32,980
Income tax (benefit) expense 5,286 1,309 6,543 (7,896)
Net income 82,633 61,360 81,606 40,876
Net income (loss) attributable to noncontrolling interest 59 92 (27) 57
Net income attributable to Summit Materials, Inc. / member of Summit Materials, LLC $ 82,574 $ 61,268 $ 81,633 $ 40,819
Common Class A        
Income per share of Class A common stock:        
Basic $ 0.73 $ 0.60 $ 0.72 $ 0.59
Diluted $ 0.72 $ 0.60 $ 0.71 $ 0.40
Weighted average shares of Class A common stock:        
Basic 108,024,055 74,433,487 106,698,076 62,686,433
Diluted 109,303,412 74,579,797 107,327,624 101,479,150