v3.5.0.2
CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Revenues:        
Service revenues $ 277,758 $ 288,574 $ 814,727 $ 833,128
Product sales 163,660 204,992 470,198 785,993
Total revenues 441,418 493,566 1,284,925 1,619,121
Costs and expenses:        
Cost of product sales 155,129 193,958 441,736 738,074
Operating expenses:        
Third parties 117,432 87,730 313,634 254,658
Related party 0 34,904 21,681 100,761
Total operating expenses 117,432 122,634 335,315 355,419
General and administrative expenses:        
Third parties 26,957 8,535 62,906 25,188
Related party 0 15,144 10,493 50,237
Total general and administrative expenses 26,957 23,679 73,399 75,425
Depreciation and amortization expense 53,946 52,301 160,739 157,523
Total costs and expenses 353,464 392,572 1,011,189 1,326,441
Operating income 87,954 100,994 273,736 292,680
Interest expense, net (35,022) (33,448) (103,374) (98,309)
Other income (expense), net 362 1,776 (10) 61,892
Income from continuing operations before income tax expense 53,294 69,322 170,352 256,263
Income tax expense 2,153 4,306 9,293 9,797
Income from continuing operations 51,141 65,016 161,059 246,466
Income from discontinued operations, net of tax 0 0 0 774
Net income $ 51,141 $ 65,016 $ 161,059 $ 247,240
Basic and diluted net income per unit applicable to limited partners:        
Continuing operations $ 0.49 $ 0.68 $ 1.58 $ 2.68
Discontinued operations 0.00 0.00 0.00 0.01
Total (Note 11) $ 0.49 $ 0.68 $ 1.58 $ 2.69
Basic weighted-average limited partner units outstanding 78,031,053 77,886,078 77,934,802 77,886,078
Diluted weighted-average limited partner units outstanding 78,062,889 77,886,078 77,981,299 77,886,078
Comprehensive income $ 48,652 $ 38,878 $ 120,453 $ 231,843