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CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
SALES AND OPERATING REVENUES:        
Revenues $ 616,501 $ 362,443 $ 1,077,364 $ 681,065
EXPENSES:        
Outside coal purchases 151 114 151 114
General and administrative 22,457 17,492 41,053 32,996
Depreciation, depletion and amortization 66,734 64,733 130,048 123,935
Total operating expenses 441,229 307,436 814,257 589,730
INCOME FROM OPERATIONS 175,272 55,007 263,107 91,335
Interest expense (net of interest capitalized for the three and six months ended June 30, 2022 and 2021 of $171, $105, $241 and $191, respectively) (9,397) (9,842) (19,059) (20,238)
Interest income 93 15 128 32
Equity method investment income 1,585 341 2,468 403
Other income (expense) 579 (1,351) 1,145 (2,548)
INCOME BEFORE INCOME TAXES 168,132 44,170 247,789 68,984
INCOME TAX EXPENSE (BENEFIT) 6,331 5 49,046 (7)
NET INCOME 161,801 44,165 198,743 68,991
LESS: NET INCOME ATTRIBUTABLE TO NONCONTROLLING INTEREST (323) (130) (613) (208)
NET INCOME ATTRIBUTABLE TO ARLP $ 161,478 $ 44,035 $ 198,130 $ 68,783
EARNINGS PER LIMITED PARTNER UNIT - BASIC (in dollars per unit) $ 1.23 $ 0.34 $ 1.51 $ 0.53
EARNINGS PER LIMITED PARTNER UNIT - DILUTED (in dollars per unit) $ 1.23 $ 0.34 $ 1.51 $ 0.53
WEIGHTED-AVERAGE NUMBER OF UNITS OUTSTANDING - BASIC (in units) 127,195,219 127,195,219 127,195,219 127,195,219
WEIGHTED-AVERAGE NUMBER OF UNITS OUTSTANDING - DILUTED (in units) 127,195,000 127,195,000 127,195,000 127,195,000
Product        
EXPENSES:        
Operating expenses (excluding depreciation, depletion and amortization) $ 316,502 $ 213,039 $ 578,248 $ 409,559
Coal sales        
SALES AND OPERATING REVENUES:        
Revenues 531,807 325,974 920,167 613,461
Oil & gas royalties        
SALES AND OPERATING REVENUES:        
Revenues 35,927 17,114 66,854 31,113
Transportation        
SALES AND OPERATING REVENUES:        
Revenues 35,385 12,058 64,757 23,126
EXPENSES:        
Operating expenses (excluding depreciation, depletion and amortization) 35,385 12,058 64,757 23,126
Other revenues        
SALES AND OPERATING REVENUES:        
Revenues $ 13,382 $ 7,297 $ 25,586 $ 13,365