XML 54 R25.htm IDEA: XBRL DOCUMENT v3.25.1
Net Income per Unit (Tables)
3 Months Ended
Mar. 31, 2025
Earnings Per Share [Abstract]  
Net Income Per Unit
The calculation of net income per unit is as follows (in thousands, except unit and per unit amounts):
Three Months Ended March 31,
20252024
Net income$39,034 $32,648 
Weighted average common units outstanding, basic53,604,659 44,406,356 
Dilutive effect of unvested phantom units29,177 16,461 
Weighted average common units outstanding, diluted53,633,836 44,422,817 
Net income per unit:
Basic$0.73 $0.74 
Diluted (1)
$0.73 $0.73 
(1) There were 28,692 and 42,315 anti-dilutive common unit equivalents excluded from the diluted earnings per unit calculation during the three months ended March 31, 2025 and 2024, respectively.