v3.3.1.900
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Cash flows from operating activities:      
Net income $ 62,042 $ 76,149 $ 118,616
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 28,452 27,249 25,578
Allowance for doubtful accounts (7) (16) (34)
Amortization of deferred financing costs 964 964 964
(Gain) loss on disposition of assets 38 218 (33)
Share-based compensation 357 157 573
Change in assets and liabilities:      
Accounts receivable (44) 429 (710)
Inventories (1,915) (2,550) (4,115)
Prepaid expenses and other current assets 2,133 3,111 (7,587)
Other long-term assets (301) 149 (361)
Accounts payable (1,609) (4,967) (549)
Deferred revenue (10,484) 12,917 (269)
Accrued expenses and other current liabilities (3,193) 3,553 (5,095)
Other long-term liabilities (2) (113) (223)
Net cash provided by operating activities 78,421 118,878 129,009
Cash flows from investing activities:      
Capital expenditures (17,023) (21,076) (43,754)
Proceeds from sale of assets 78 110 33
Net cash used in investing activities (16,945) (20,966) (43,721)
Cash flows from financing activities:      
Cash distributions to common unitholders – Affiliates (48,650) (54,877) (77,539)
Cash distribution to common unitholders – Non-affiliates (42,754) (48,213) (49,970)
Redemption of common units (19) (50) (485)
Net cash used in financing activities (91,423) (103,140) (127,994)
Net decrease in cash and cash equivalents (29,947) (5,228) (42,706)
Cash and cash equivalents, beginning of period 79,914 85,142 127,848
Cash and cash equivalents, end of period 49,967 79,914 85,142
Supplemental disclosures:      
Cash paid for income taxes, net 35 55 71
Cash paid for interest, net of capitalized interest of $9, $85 and $597 in 2015, 2014 and 2013, respectively 5,916 5,819 5,372
Non-cash investing and financing activities:      
Construction in progress additions included in accounts payable 1,030 1,066 1,866
Change in accounts payable related to construction in progress additions (36) (800) (16,805)
Affiliates      
Adjustments to reconcile net income to net cash provided by operating activities:      
Share-based compensation $ 1,990 $ 1,628 $ 2,254