Global partners lp (GLP)
Income statement / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09
Sales

13,081

12,672

8,920

8,239

10,314

17,269

19,589

17,625

14,835

7,801

5,818

Cost of sales

12,418

12,022

8,337

7,693

9,717

16,725

19,185

17,292

14,626

7,634

5,668

Gross profit

662

650

583

546

597

544

404

333

209

166

149

Costs and operating expenses:
Selling, general and administrative expenses

170

171

155

149

177

153

115

95

73

66

61

Operating expenses

342

321

283

288

290

204

185

140

73

47

35

(Gain) loss on trustee taxes

-

-52

16

-

-

-

-

-

-

-

-

Lease exit and termination

0

3

-16

-80

-

-

-

-

-

-

-

Amortization expense

11

10

9

9

13

18

19

7

4

3

2

Net (gain) loss on sale and disposition of assets

2

-5

1

-20

-2

-2

1

-

-

-

-

Goodwill and long-lived asset impairment

2

0

0

149

-

-

-

-

-

-

-

Total costs and operating expenses

523

453

463

698

482

379

319

243

154

117

99

Restructuring charges

-

-

-

-

-

-

-

-

2

-

-

Operating income

139

197

119

-152

114

165

85

90

55

49

50

Interest expense

-89

-89

-86

-86

-73

-47

43

42

35

22

15

Loss on early extinguishment of debt

-13

-

-

-

-

-

-

-

-

-

-

Income before income tax (expense) benefit

36

108

33

-238

41

117

41

48

19

27

35

Income tax (expense) benefit

1

5

-23

0

-1

0

0

1

0

-

1

Net income

35

102

57

-238

43

116

41

46

19

-

34

Net loss attributable to noncontrolling interest

-0

-1

-1

-39

-0

2

-1

-

-

-

-

Net income attributable to Global Partners LP

35

103

58

-199

43

114

42

46

19

27

-

Less: General partner’s interest in net income, including incentive distribution rights

1

1

0

-1

7

5

3

1

0

0

-0

Limited partners' interest in net income

27

100

58

-198

35

108

39

45

18

26

33

Basic net income per limited partner unit (in dollars per unit)

0.82

2.98

-

-

1.12

3.97

1.43

1.73

0.88

1.61

2.56

Diluted net income per limited partner unit (in dollars per unit)

0.81

2.95

-

-

1.11

3.95

1.42

1.71

0.87

1.59

2.51

Basic weighted average limited partner units outstanding (in units)

-

-

-

-

32

27

27

26

21

16

13

Diluted weighted average limited partner units outstanding (in units)

-

-

-

-

32

27

27

26

21

16

13

Distributions per limited partner unit (in dollars per unit)

-

-

-

-

2.74

2.53

2.34

2.06

2.00

1.96

1.95

Series A Preferred Limited Partners
Limited partners' interest in net income

6

2

-

-

-

-

-

-

-

-

-

Common Limited Partners
Limited partners' interest in net income

27

100

58

-198

-

-

-

-

-

-

-

Basic net income per limited partner unit (in dollars per unit)

0.82

2.97

1.74

-5.91

-

-

-

-

-

-

-

Diluted net income per limited partner unit (in dollars per unit)

0.81

2.95

1.74

-5.91

-

-

-

-

-

-

-

Basic weighted average limited partner units outstanding (in units)

33

33

33

33

-

-

-

-

-

-

-

Diluted weighted average limited partner units outstanding (in units)

34

33

33

33

-

-

-

-

-

-

-