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CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
SALES AND OPERATING REVENUES:        
Revenues $ 628,420 $ 415,439 $ 1,705,784 $ 1,096,504
EXPENSES:        
Outside coal purchases   6,065 151 6,179
General and administrative 21,341 18,655 62,394 51,651
Depreciation, depletion and amortization 70,143 68,763 200,191 192,698
Total operating expenses 450,330 348,711 1,264,587 938,441
INCOME FROM OPERATIONS 178,090 66,728 441,197 158,063
Interest expense (net of interest capitalized for the three and nine months ended September 30, 2022 and 2021 of $264, $123, $505 and $314, respectively) (9,245) (9,408) (28,304) (29,646)
Interest income 426 19 554 51
Equity method investment income 2,108 703 4,576 1,106
Other income (expense) 192 (84) 1,337 (2,632)
INCOME BEFORE INCOME TAXES 171,571 57,958 419,360 126,942
INCOME TAX EXPENSE 6,600 234 55,646 227
NET INCOME 164,971 57,724 363,714 126,715
LESS: NET INCOME ATTRIBUTABLE TO NONCONTROLLING INTEREST (364) (176) (977) (384)
NET INCOME ATTRIBUTABLE TO ARLP $ 164,607 $ 57,548 $ 362,737 $ 126,331
EARNINGS PER LIMITED PARTNER UNIT - BASIC (in dollars per unit) $ 1.25 $ 0.44 $ 2.76 $ 0.97
EARNINGS PER LIMITED PARTNER UNIT - DILUTED (in dollars per unit) $ 1.25 $ 0.44 $ 2.76 $ 0.97
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) $ 330,298 $ 233,201 $ 908,546 $ 642,760
Coal sales        
SALES AND OPERATING REVENUES:        
Revenues 550,563 362,264 1,470,730 975,725
Oil & gas royalties        
SALES AND OPERATING REVENUES:        
Revenues 35,312 20,109 102,166 51,222
Transportation        
SALES AND OPERATING REVENUES:        
Revenues 28,548 22,027 93,305 45,153
EXPENSES:        
Operating expenses (excluding depreciation, depletion and amortization) 28,548 22,027 93,305 45,153
Other revenues        
SALES AND OPERATING REVENUES:        
Revenues $ 13,997 $ 11,039 $ 39,583 $ 24,404