XML 15 R4.htm IDEA: XBRL DOCUMENT v3.24.3
CONSOLIDATED AND CONDENSED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Revenues:        
Total revenues $ 170,934 $ 176,697 $ 536,295 $ 616,862
Cost of products sold: (excluding depreciation and amortization)        
Cost of products sold 70,977 75,782 225,435 312,849
Expenses:        
Operating expenses [1] 62,363 64,375 191,655 187,857
Selling, general and administrative [1] 12,494 10,424 32,108 30,043
Depreciation and amortization 12,608 12,223 37,944 37,671
Total costs and expenses 158,442 162,804 487,142 568,420
Gain on disposition or sale of property, plant and equipment 159 811 1,320 1,096
Operating income 12,651 14,704 50,473 49,538
Other income (expense):        
Interest expense, net (14,592) (14,994) (42,811) (45,914)
Loss on extinguishment of debt 0 0 0 (5,121)
Equity in earnings (loss) of DSM Semichem LLC (314) 0 (314) 0
Other, net 2 17 20 50
Total other expense (14,904) (14,977) (43,105) (50,985)
Net income (loss) before taxes (2,253) (273) 7,368 (1,447)
Income tax expense (1,066) (788) (3,634) (3,619)
Net income (loss) (3,319) (1,061) 3,734 (5,066)
Less general partner's interest in net income (loss) 66 21 (75) 101
Less income (loss) allocable to unvested restricted units 14 4 (14) 16
Limited partners' interest in net income (loss) $ (3,239) $ (1,036) $ 3,645 $ (4,949)
Net income (loss) per unit attributable to limited partners - basic (in dollars per share) $ (0.08) $ (0.03) $ 0.09 $ (0.13)
Net income (loss) per unit attributable to limited partners - diluted (in dollars per share) $ (0.08) $ (0.03) $ 0.09 $ (0.13)
Weighted average limited partner units - basic (in shares) 38,832,222 38,772,266 38,831,064 38,771,451
Weighted average limited partner units - diluted (in shares) 38,832,222 38,772,266 38,909,976 38,771,451
Terminalling and storage        
Revenues:        
Total revenues [1] $ 22,562 $ 22,202 $ 67,454 $ 64,744
Transportation        
Revenues:        
Total revenues [1] 56,506 55,223 172,489 165,696
Sulfur services        
Revenues:        
Total revenues 3,477 3,358 10,431 10,073
Product sales        
Revenues:        
Total revenues [1] 88,389 95,914 285,921 376,349
Specialty products        
Revenues:        
Total revenues [1] 67,206 66,695 200,819 277,836
Cost of products sold: (excluding depreciation and amortization)        
Cost of products sold [1] 58,409 56,298 173,192 245,863
Sulfur services        
Revenues:        
Total revenues [1] 21,183 29,219 85,102 98,513
Cost of products sold: (excluding depreciation and amortization)        
Cost of products sold [1] 12,545 19,461 52,178 66,932
Terminalling and storage        
Cost of products sold: (excluding depreciation and amortization)        
Cost of products sold [1] $ 23 $ 23 $ 65 $ 54
[1] Related Party Transactions Included Above
Three Months EndedNine Months Ended
September 30,September 30,
2024202320242023
Revenues:*    
Terminalling and storage$17,785 $18,542 $54,412 $54,121 
Transportation7,975 7,426 24,894 20,214 
Product Sales91 122 343 8,544 
Costs and expenses:*
Cost of products sold: (excluding depreciation and amortization)
Specialty products8,401 9,896 23,342 27,324 
Sulfur services3,014 2,787 8,926 8,139 
Terminalling and storage23 23 65 54 
Expenses:
Operating expenses26,153 25,606 79,077 74,491 
Selling, general and administrative12,215 8,477 27,716 23,549