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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 8 Months Ended 9 Months Ended
Aug. 31, 2016
Aug. 31, 2015
Aug. 31, 2015
Aug. 31, 2016
Revenues:        
Operating revenues [1] $ 26,116 $ 3,076 $ 6,629 $ 46,735
Total revenues 26,116 3,076 6,629 46,735
Operating costs and expenses:        
Cost of operations [1] 1,928 73 2,389 4,953
Cost of operations-SunPower, prior to IPO [1] 0 59 468 0
Selling, general and administrative [1] 1,804 2,483 9,055 5,096
Depreciation, amortization and accretion [1] 6,311 1,172 2,374 16,325
Acquisition-related transaction costs [1] 599 0 0 2,261
Total operating costs and expenses [1] 10,642 3,787 14,286 28,635
Operating income (loss) 15,474 (711) (7,657) 18,100
Other expense (income):        
Interest expense 3,199 201 1,646 9,123
Interest income (296) (228) (1,223) (909)
Other expense (income) (291) 3,443 12,695 (551)
Total other expense, net 2,612 3,416 13,118 7,663
Income (loss) before income taxes 12,862 (4,127) (20,775) 10,437
Income tax provision (5,063) (701) (707) (15,281)
Equity in earnings of unconsolidated investees 8,075 6,115 6,115 13,504
Net income (loss) 15,874 1,287 (15,367) 8,660
Less: Predecessor loss prior to IPO on June 24, 2015 0 (3,441) (20,095) 0
Net income subsequent to IPO 15,874 4,728 4,728 8,660
Less: Net income (loss) attributable to noncontrolling interests and redeemable noncontrolling interests 8,281 3,695 3,695 (14,263)
Net income attributable to 8point3 Energy Partners LP Class A shares $ 7,593 $ 1,033 $ 1,033 $ 22,923
Net income per Class A share:        
Basic $ 0.38 $ 0.05 $ 0.05 $ 1.15
Diluted 0.38 0.05 0.05 1.15
Distributions per Class A share: $ 0.23 $ 0 $ 0 $ 0.67
Weighted average number of Class A shares:        
Basic 20,015 20,002 20,002 20,011
Diluted 35,515 34,415 34,415 35,511
[1] The Partnership has related-party activities for transactions made with the Sponsors. Related party transactions recorded within “Operating revenues” in the unaudited condensed consolidated statement of operations were $1.3 million and $3.9 million for the three and nine months ended August 31, 2016, respectively, and $1.0 million for the three and eight months ended August 31, 2015. Related party transactions recorded within “Operating costs and expenses” in the unaudited condensed consolidated statement of operations were $1.9 million and $5.0 million for the three and nine months ended August 31, 2016, respectively, and $0.4 million and $0.8 million for the three and eight months ended August 31, 2015, respectively.