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Earnings per Limited Partner Unit (Tables)
6 Months Ended
Jun. 30, 2025
Earnings Per Share [Abstract]  
Reconciliation of net income (loss) and EPU calculations

Three Months Ended

Six Months Ended

June 30, 

June 30, 

    

2025

    

2024

    

2025

    

2024

    

(in thousands, except per unit data)

Net income attributable to ARLP

$

59,410

$

100,187

$

133,393

$

258,244

Less:

Distributions to participating securities

 

(719)

 

(1,688)

 

(1,545)

 

(3,368)

Undistributed earnings attributable to participating securities

 

 

(164)

 

 

(1,518)

Net income attributable to ARLP available to limited partners

$

58,691

$

98,335

$

131,848

$

253,358

Weighted-average limited partner units outstanding – basic and diluted

 

128,428

 

128,062

 

128,347

 

127,866

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

$

0.46

$

0.77

$

1.03

$

1.98

(1)Diluted EPU gives effect to all potentially dilutive common units outstanding during the period using the treasury stock method. Diluted EPU excludes all potentially dilutive units calculated under the treasury stock method if their effect is anti-dilutive. For the three and six months ended June 30, 2025, participating securities of 605 and 715, respectively, were considered anti-dilutive under the treasury stock method. For the three and six months ended June 30, 2024, participating securities of 1,726 and 1,945, respectively, were considered anti-dilutive under the treasury stock method.