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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
SALES AND OPERATING REVENUES:        
Revenues $ 255,202 $ 517,054 $ 605,965 $ 1,043,656
EXPENSES:        
Operating expenses (excluding depreciation, depletion and amortization) 187,164 314,273 421,506 617,001
Outside coal purchases   5,311   5,311
General and administrative 13,822 19,521 27,260 37,333
Depreciation, depletion and amortization 83,559 76,913 157,480 148,052
Asset impairments     24,977  
Goodwill impairment     132,026  
Total operating expenses 290,302 448,648 773,745 870,565
INCOME (LOSS) FROM OPERATIONS (35,100) 68,406 (167,780) 173,091
Interest expense (net of interest capitalized for the three and six months ended June 30, 2020 and 2019 of $509, $238, $1,066 and $492, respectively) (11,446) (10,711) (23,725) (22,133)
Interest income 30 138 82 229
Equity method investment income 137 550 588 874
Equity securities income       12,906
Acquisition gain       177,043
Other expense (377) (13) (733) (142)
INCOME (LOSS) BEFORE INCOME TAXES (46,756) 58,370 (191,568) 341,868
INCOME TAX EXPENSE (BENEFIT) (77) 186 (182) 80
NET INCOME (LOSS) (46,679) 58,184 (191,386) 341,788
LESS: NET LOSS (INCOME) ATTRIBUTABLE TO NONCONTROLLING INTEREST 15 (114) (61) (7,290)
NET INCOME (LOSS) ATTRIBUTABLE TO ARLP $ (46,664) $ 58,070 $ (191,447) $ 334,498
EARNINGS PER LIMITED PARTNER UNIT - BASIC AND DILUTED $ (0.37) $ 0.44 $ (1.51) $ 2.57
WEIGHTED-AVERAGE NUMBER OF UNITS OUTSTANDING - BASIC AND DILUTED 127,195,219 128,391,191 127,133,764 128,271,158
Coal sales        
SALES AND OPERATING REVENUES:        
Revenues $ 236,286 $ 461,310 $ 550,923 $ 937,326
EXPENSES:        
Operating expenses (excluding depreciation, depletion and amortization) 187,164 314,273 421,506 617,001
Oil & gas royalties        
SALES AND OPERATING REVENUES:        
Revenues 7,786 11,892 22,025 22,285
Transportation revenues        
SALES AND OPERATING REVENUES:        
Revenues 5,757 32,630 10,496 62,868
EXPENSES:        
Transportation expenses 5,757 32,630 10,496 62,868
Other revenues        
SALES AND OPERATING REVENUES:        
Revenues $ 5,373 $ 11,222 $ 22,521 $ 21,177