XML 56 R44.htm IDEA: XBRL DOCUMENT v3.25.1
Note 5 - Net Income Per Common Unit - Schedule of Earnings Per Share (Details) - USD ($)
$ / shares in Units, shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Net income attributable to common unitholders $ 39,448 $ 52,982
Weighted average common units—basic (in shares) 13,098 12,832
Basic net income per common unit (in dollars per share) $ 3.01 $ 4.13
Plus: dilutive effect of preferred units (in shares) 0 775
Plus: dilutive effect of warrants (in shares) 0 521
Plus: dilutive effect of unvested unit-based awards (in shares) 206 265
Weighted average common units—diluted (in shares) 13,304 14,393
Net income $ 40,253 $ 56,213 [1]
Less: income attributable to preferred unitholders 0 0
Less: redemption of preferred units 0 0
Diluted net income attributable to common unitholders and the general partner 40,253 56,213
Less: diluted net income attributable to the general partner (805) (1,124)
Diluted net income attributable to common unitholders $ 39,448 $ 55,089
Diluted net income per common unit (in dollars per share) $ 2.97 $ 3.83
[1] Net income includes $2.15 million of income attributable to preferred unitholders that accumulated during the period, of which $2.11 million is allocated to the common unitholders and $0.04 million is allocated to the general partner.