v3.7.0.1
Net Income Per Limited Partner Unit (Tables)
 3 Months Ended
Mar. 31, 2017
Net Income Per Limited Partner Unit  
Schedule of net income per common and subordinated unit

The Partnership’s calculation of net income per limited partner unit for the periods indicated is as follows (in thousands, except per unit data):

 

 

 

 

 

 

 

  

 

Three months ended March 31,

 

    

2016

    

2017

  

 

 

 

 

 

 

Net income

  

$

42,918

  

 

75,091

Less:

 

 

 

 

 

 

Net income attributable to incentive distribution rights

 

 

(1,850)

 

 

(11,553)

Limited partner interest in net income

  

$

41,068

 

 

63,538

 

 

 

 

 

 

 

Net income per limited partner unit - basic and diluted

 

$

0.23

 

 

0.35

 

 

 

 

 

 

 

Weighted average limited partner units  outstanding - basic

 

 

176,154

 

 

183,033

 

 

 

 

 

 

 

Weighted average limited partner units  outstanding - diluted

 

 

176,160

 

 

183,447