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Condensed Consolidated Statements of Income and Comprehensive Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Net Sales:        
Affiliate $ 36,360 $ 41,824 $ 111,814 $ 113,975
Third-Party 71,110 123,268 211,565 366,763
Net sales 107,470 165,092 323,379 480,738
Operating costs and expenses:        
Cost of goods sold 73,527 124,385 213,381 365,286
Operating expenses 9,251 11,616 28,445 33,191
General and administrative expenses 2,307 2,703 7,918 9,094
Depreciation and amortization 5,356 4,541 15,164 13,785
Loss (gain) on asset disposals 28 0 (16) (18)
Total operating costs and expenses 90,469 143,245 264,892 421,338
Operating income 17,001 21,847 58,487 59,400
Interest expense, net 3,409 2,843 9,892 7,616
Loss on equity method investments 308 293 743 442
Total non-operating expenses 3,717 3,136 10,635 8,058
Income before income tax expense 13,284 18,711 47,852 51,342
Income tax expense 133 109 360 426
Net income 13,151 18,602 47,492 50,916
Less: loss attributable to the Logistics Assets Predecessor 0 0 0 (637)
Net income attributable to partners 13,151 18,602 47,492 51,553
Comprehensive income attributable to partners 13,151 18,602 47,492 51,553
Less: General partner's interest in net income, including incentive distribution rights 3,259 1,383 8,303 3,379
Limited partners' interest in net income $ 9,892 $ 17,219 $ 39,189 $ 48,174
Weighted average limited partner units outstanding:        
Cash distributions per limited partner unit $ 0.655 $ 0.570 $ 1.895 $ 1.650
Common Units [Member]        
Net income per limited partner unit:        
Common units - (basic) [1] 0.41 0.71 1.61 1.99
Common units - (diluted) [1] $ 0.41 $ 0.70 $ 1.60 $ 1.97
Weighted average limited partner units outstanding:        
Common units - (basic) [1] 24,303,740 12,250,847 21,878,935 12,230,560
Common units - (diluted) [1] 24,380,334 12,369,777 21,962,733 12,362,340
Subordinated unitholders - Delek        
Net income per limited partner unit:        
Subordinated units - Delek (basic and diluted) [1] $ 0.00 $ 0.71 $ 1.64 $ 1.99
Weighted average limited partner units outstanding:        
Subordinated units - Delek (basic and diluted) [1] 0 11,999,258 2,408,610 11,999,258
[1] We base our calculation of net income per unit on the weighted-average number of common and subordinated limited partner units outstanding during the period. The weighted-average number of common and subordinated units reflects the conversion of the subordinated units to common units on February 25, 2016. See Notes 7 and 8 for further discussion.