Loss Per Share (Tables)

9 Months Ended

Sep. 30, 2018

Earnings Per Share [Abstract]

Summary of the Calculation of Basic and Diluted Net Loss Per Share

The following table presents the calculation of basic and diluted net loss per share (in thousands, except per share data):

	Three Months Ended September 30,				Nine Months Ended September 30,
	2018		2017		2018		2017
Numerator:
Net loss	$	(64,419)	$	(39,769)	$	(168,341)	$	(117,078)
Net loss attributable to non-controlling interests	48,377		35,389		135,291		104,232
Dividends on Class A convertible preferred stock	(1,230)		—		(3,950)		—
Accretion of beneficial conversion feature on Class A convertible preferred stock	—		—		(1,380)		—
Net loss attributable to Carvana Co. Class A common stockholders, basic and diluted	$	(17,272)	$	(4,380)	$	(38,380)	$	(12,846)
Denominator:
Weighted-average shares of Class A common stock outstanding	34,924		15,520		27,258		15,254
Nonvested weighted-average restricted stock awards	(269)		(475)		(331)		(230)
Weighted-average shares of Class A common stock to compute basic and diluted net loss per Class A common share	34,655		15,045		26,927		15,024
Net loss per share of Class A common stock, basic and diluted	$	(0.50)	$	(0.29)	$	(1.43)	$	(0.86)