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Acquisition and Divestiture (Tables)
9 Months Ended
Sep. 30, 2017
Business Combinations [Abstract]  
Schedule of Allocation of Purchase Price Presented in Consolidated Balance Sheet
The preliminary allocation of the purchase price, as presented on our Consolidated Balance Sheet, is summarized as follows:
Accounts receivable
138,291

Inventories
31,944

Other current assets
13,947

Fixed assets
617,878

Mineral leaseholds
623,137

Accounts payable
(51,534
)
Other current liabilities
(29,870
)
Other long-term liabilities
(18,793
)
     Total Purchase Price
$
1,325,000

Schedule of Selected Financial Information
The following table presents selected financial information included in our Consolidated Financial Statements for the periods presented:
 
Three Months Ended September 30, 2017
 
Nine Months Ended September 30, 2017
Revenues
$
66,003

 
66,003

Net income
$
10,654

 
10,654

Schedule of Pro Forma Financial Information
Our unaudited pro forma financial information is not necessarily indicative of what our consolidated financial results would have been had the Alkali Business acquisition been completed on January 1, 2016. Pro forma net income includes the effects of distributions on preferred units and interest expense on incremental borrowings. The dilutive effect of Series A Preferred Units is calculated using the if-converted method.
 
Three Months Ended
September 30,
 
Nine Months Ended
September 30,
 
2017
 
2016
 
2017
 
2016
Pro forma consolidated financial operating results:
 
 
 
 
 
 
 
Revenues
$
615,275

 
$
653,749

 
$
1,829,389

 
$
1,872,939

Net Income Attributable to Genesis Energy, L.P.
10,978

 
31,400

 
59,314

 
78,113

Net Income Available to Common Unitholders
(5,276
)
 
15,943

 
10,939

 
31,853

Basic and diluted earnings per common unit:
 
 
 
 
 
 
 
As reported net income per common unit
$
0.01

 
$
0.28

 
$
0.51

 
$
0.81

Pro forma net income per common unit
$
(0.04
)
 
$
0.14

 
$
0.09

 
$
0.28