v3.5.0.2
CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Revenues:        
Service revenues $ 270,403 $ 274,581 $ 536,969 $ 544,554
Product sales 167,401 296,030 306,538 581,001
Total revenues 437,804 570,611 843,507 1,125,555
Costs and expenses:        
Cost of product sales 157,617 281,610 286,607 544,116
Operating expenses:        
Third parties 112,662 82,568 196,202 166,928
Related party 0 34,570 21,681 65,857
Total operating expenses 112,662 117,138 217,883 232,785
General and administrative expenses:        
Third parties 22,657 8,986 35,949 16,653
Related party 0 17,707 10,493 35,093
Total general and administrative expenses 22,657 26,693 46,442 51,746
Depreciation and amortization expense 53,651 52,765 106,793 105,222
Total costs and expenses 346,587 478,206 657,725 933,869
Operating income 91,217 92,405 185,782 191,686
Interest expense, net (34,229) (32,824) (68,352) (64,861)
Other (expense) income, net (201) (2,152) (372) 60,116
Income from continuing operations before income tax expense 56,787 57,429 117,058 186,941
Income tax expense 4,270 3,104 7,140 5,491
Income from continuing operations 52,517 54,325 109,918 181,450
Income from discontinued operations, net of tax 0 0 0 774
Net income $ 52,517 $ 54,325 $ 109,918 $ 182,224
Basic and diluted net income per unit applicable to limited partners:        
Continuing operations $ 0.52 $ 0.54 $ 1.09 $ 2.00
Discontinued operations 0.00 0.00 0.00 0.01
Total (Note 11) $ 0.52 $ 0.54 $ 1.09 $ 2.01
Basic weighted-average limited partner units outstanding 77,886,219 77,886,078 77,886,148 77,886,078
Diluted weighted-average limited partner units outstanding 77,939,279 77,886,078 77,943,702 77,886,078
Comprehensive income $ 29,178 $ 85,167 $ 71,801 $ 192,965