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CONSOLIDATED AND CONDENSED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Revenues:        
Revenues $ 195,636 $ 266,996 $ 440,165 $ 546,197
Cost of products sold: (excluding depreciation and amortization)        
Cost of products sold 97,249 156,926 237,067 328,508
Expenses:        
Operating expenses [1] 60,737 64,082 123,482 120,577
Selling, general and administrative [1] 8,447 9,944 19,619 21,147
Depreciation and amortization 12,547 14,800 25,448 29,286
Total costs and expenses 178,980 245,752 405,616 499,518
Other operating income (loss), net 673 246 285 260
Operating income (loss) 17,329 21,490 34,834 46,939
Other income (expense):        
Interest expense, net (15,263) (12,846) (30,920) (25,275)
Loss on extinguishment of debt 0 0 (5,121) 0
Other, net 11 (1) 33 (2)
Total other expense (15,252) (12,847) (36,008) (25,277)
Net income (loss) before taxes 2,077 8,643 (1,174) 21,662
Income tax expense (996) (2,037) (2,831) (3,578)
Net income (loss) 1,081 6,606 (4,005) 18,084
Less general partner's interest in net (income) loss (22) (132) 80 (362)
Less (income) loss allocable to unvested restricted units (4) (21) 12 (51)
Limited partners' interest in net income (loss) $ 1,055 $ 6,453 $ (3,913) $ 17,671
Net income (loss) per unit attributable to limited partners - basic (in dollars per share) $ 0.03 $ 0.17 $ (0.10) $ 0.46
Net income (loss) per unit attributable to limited partners - diluted (in dollars per share) $ 0.03 $ 0.17 $ (0.10) $ 0.46
Weighted average limited partner units - basic (in shares) 38,772,266 38,729,118 38,771,037 38,725,701
Weighted average limited partner units - diluted (in shares) 38,777,600 38,750,153 38,771,037 38,753,197
Terminalling and storage        
Revenues:        
Revenues [1] $ 21,684 $ 20,423 $ 42,542 $ 39,820
Transportation        
Revenues:        
Revenues [1] 54,750 55,832 110,473 102,542
Sulfur services        
Revenues:        
Revenues 3,357 3,084 6,715 6,168
Product sales        
Revenues:        
Revenues [1] 115,845 187,657 280,435 397,667
Specialty products        
Revenues:        
Revenues [1] 78,872 133,788 211,141 287,759
Cost of products sold: (excluding depreciation and amortization)        
Cost of products sold [1] 71,570 119,859 189,565 253,651
Sulfur services        
Revenues:        
Revenues [1] 36,973 53,869 69,294 109,908
Cost of products sold: (excluding depreciation and amortization)        
Cost of products sold [1] 25,654 37,063 47,471 74,848
Terminalling and storage        
Cost of products sold: (excluding depreciation and amortization)        
Cost of products sold [1] $ 25 $ 4 $ 31 $ 9
[1] Related Party Transactions Included Above
Three Months EndedSix Months Ended
June 30,June 30,
2023202220232022
Revenues:*    
Terminalling and storage$18,077 $17,416 $35,579 $33,620 
Transportation7,277 7,463 12,788 13,751 
Product Sales7,497 96 8,422 423 
Costs and expenses:*
Cost of products sold: (excluding depreciation and amortization)
Specialty products5,829 10,205 15,339 19,851 
Sulfur services2,644 2,592 5,352 5,268 
Terminalling and storage25 31 
Expenses:
Operating expenses25,058 23,447 48,885 44,826 
Selling, general and administrative6,556 7,498 15,072 16,306