XML 55 R4.htm IDEA: XBRL DOCUMENT v2.4.0.8
Condensed Consolidated Statements of Income and Comprehensive Income (Unaudited) (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Net sales $ 203,527 $ 210,894 [1]
Operating costs and expenses:    
Cost of goods sold 172,209 187,860 [1]
Operating expenses 9,319 9,081 [1]
General and administrative expenses 2,663 2,202 [1]
Depreciation and amortization 3,477 3,541 [1],[2]
Total operating costs and expenses 187,668 202,684 [1]
Operating income 15,859 8,210 [1]
Interest expense, net 1,983 817 [1]
Net income before income tax expense 13,876 7,393 [1]
Income tax expense 147 122 [1]
Net income 13,729 7,271 [1],[2]
Less: Loss attributable to Predecessors (943) (4,933) [1]
Net income attributable to partners 14,672 12,204 [1]
Comprehensive income attributable to partners 14,672 12,204 [1]
Less: General partner's interest in net income (293) (244) [1]
Limited partners' interest in net income $ 14,379 $ 11,960 [1]
Net income per limited partner unit:    
Common units - (basic) $ 0.60 $ 0.50 [1]
Common units - (diluted) $ 0.59 $ 0.50 [1]
Subordinated units - Delek (basic and diluted) $ 0.60 $ 0.50 [1]
Weighted average limited partner units outstanding:    
Common units - (basic) 12,152,498 11,999,258 [1]
Common units - (diluted) 12,281,344 12,092,922 [1]
Subordinated units - Delek (basic and diluted) 11,999,258 11,999,258 [1]
Cash distributions per unit $ 0.425 $ 0.385 [1]
[1] Adjusted to include the historical results of the El Dorado Terminal and Tank Assets and the Tyler Terminal and Tank Assets. See Notes 1 and 2 for further discussion.
[2] Adjusted to include the historical cash flows of the El Dorado Terminal and Tank Assets and the Tyler Terminal and Tank Assets. See Notes 1 and 2 for further discussion.