Three Months Ended

Nine Months Ended

September 30,

2024

2023

2024

2023

(in thousands, except per unit data)

Net income attributable to ARLP

$

86,281

$

153,699

$

344,525

$

514,674

Less:

General partner's interest in net income attributable to ARLP

—

(1,384)

Limited partners' interest in net income attributable to ARLP

86,281

153,699

344,525

513,290

Less:

Distributions to participating securities

(1,616)

(2,414)

(4,984)

(7,242)

Undistributed earnings attributable to participating securities

—

(1,652)

(1,378)

(6,596)

Net income attributable to ARLP available to limited partners

$

84,665

$

149,633

$

338,163

$

499,452

Weighted-average limited partner units outstanding – basic and diluted

128,062

127,125

127,932

127,199

Earnings per limited partner unit - basic and diluted (1)

$

0.66

$

1.18

$

2.64

$

3.93