XML 14 R4.htm IDEA: XBRL DOCUMENT v3.5.0.2
Condensed Consolidated Statements Of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
REVENUES:        
Offshore Pipeline Transportation Services Revenues $ 89,717 $ 61,388 $ 244,837 $ 63,436
Onshore Pipeline Transportation Services Revenues 13,999 19,909 48,400 57,910
Refinery Services Revenues 45,725 43,332 129,585 135,780
Marine Transportation Revenues 55,285 60,536 159,930 180,501
Supply And Logistics Revenues 255,324 387,169 701,688 1,317,891
Total revenues 460,050 572,334 1,284,440 1,755,518
COSTS AND EXPENSES:        
Offshore Pipeline Transportation Operating Costs 23,122 17,698 63,732 18,341
Onshore Pipeline Transportation Operating Costs 5,003 6,721 17,499 19,874
Refinery services operating costs 25,077 22,363 67,641 75,225
Marine Transportation Operating Costs 38,490 33,869 105,942 100,749
Supply and logistics product costs 230,229 354,331 620,620 1,217,374
Supply and logistics operating costs 17,473 24,585 54,475 73,606
General and administrative 11,212 26,799 34,716 54,852
Depreciation and amortization 54,265 41,170 156,800 96,500
Total costs and expenses 404,871 527,536 1,121,425 1,656,521
OPERATING INCOME 55,179 44,798 163,015 98,997
Equity in earnings of equity investees 12,488 14,260 35,362 48,440
Interest Income (Expense), Net (34,735) (29,617) (104,657) (66,737)
Business Combination, Step Acquisition, Equity Interest in Acquiree, Remeasurement Gain 0 335,260 0 335,260
Other income/(expense), net 0 0 0 (17,529)
Income from continuing operations before income taxes 32,932 364,701 93,720 398,431
Income tax (expense) benefit (949) (1,292) (2,959) (3,142)
NET INCOME 31,983 363,409 90,761 395,289
Net loss attributable to noncontrolling interest 118 (195) 370 (195)
NET INCOME ATTRIBUTABLE TO GENESIS ENERGY, L.P. $ 32,101 $ 363,214 $ 91,131 $ 395,094
NET INCOME PER COMMON UNIT:        
Basic and Diluted $ 0.28 $ 3.38 $ 0.81 $ 3.93
WEIGHTED AVERAGE OUTSTANDING COMMON UNITS:        
Basic and Diluted 115,718 107,617 111,906 100,653