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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Sales and operating revenues:        
Used vehicle sales, net $ 208,113 $ 92,115 $ 550,442 $ 241,098
Wholesale vehicle sales 7,459 2,870 21,003 6,904
Other sales and revenues, including $2,414, $0, $6,070 and $0, respectively, from related parties 9,807 3,859 22,372 10,319
Net sales and operating revenues 225,379 98,844 593,817 258,321
Cost of sales 204,963 92,078 547,616 241,561
Gross profit 20,416 6,766 46,201 16,760
Selling, general and administrative expenses 58,676 27,995 156,595 71,971
Interest expense, including $0, $0, $1,382 and $0, respectively, to related parties 838 725 5,404 2,231
Other expense (income), net 671 31 1,280 (24)
Net loss before income taxes (39,769) (21,985) (117,078) (57,418)
Income tax provision 0 0 0 0
Net loss (39,769) (21,985) (117,078) (57,418)
Less: net loss attributable to non-controlling interests (35,389) 0 (59,717) 0
Net loss attributable to Carvana Co. $ (4,380) $ (21,985) $ (57,361) $ (57,418)
Class A        
Sales and operating revenues:        
Net loss per share of Class A common stock, basic and diluted (in dollars per share) [1] $ (0.29) $ (0.16) $ (0.86) $ (0.42)
Weighted-average shares of Class A common stock, basic and diluted (in shares) [1],[2] 15,045,000 15,000,000 15,024,000 15,000,000
[1] (1) Amounts for periods prior to the initial public offering have been retrospectively adjusted to give effect to 15.0 million shares of Class A common stock issued in the initial public offering and the Organizational Transactions described in Note 1.
[2] Weighted-average shares of Class A common stock outstanding have been adjusted for unvested restricted stock awards.