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Condensed Consolidated Statements Of Income (USD $)
In Thousands, except Share data
3 Months Ended 6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Jun. 30, 2010
SALES AND OPERATING REVENUES:        
Coal sales $ 442,483 $ 385,905 $ 850,168 $ 750,064
Transportation revenues 8,706 8,821 18,006 18,526
Other sales and operating revenues 6,757 5,617 13,030 12,414
Total revenues 457,946 400,343 881,204 781,004
EXPENSES:        
Operating expenses (excluding depreciation, depletion and amortization) 284,117 246,702 540,235 485,969
Transportation expenses 8,706 8,821 18,006 18,526
Outside coal purchases 5,842 4,544 9,631 6,386
General and administrative 13,002 11,628 25,422 22,329
Depreciation, depletion and amortization 39,100 35,677 76,962 71,973
Total operating expenses 350,767 307,372 670,256 605,183
INCOME FROM OPERATIONS 107,179 92,971 210,948 175,821
Interest expense (net of interest capitalized for the three and six months ended June 30, 2011 and 2010 of $167, $423, $312 and $691, respectively) (9,156) (7,439) (18,466) (15,034)
Interest income 87 48 192 99
Other income 393 304 980 154
INCOME BEFORE INCOME TAXES 98,503 85,884 193,654 161,040
INCOME TAX EXPENSE 325 423 96 591
NET INCOME 98,178 85,461 193,558 160,449
GENERAL PARTNERS' INTEREST IN NET INCOME 22,209 17,957 43,214 34,999
LIMITED PARTNERS' INTEREST IN NET INCOME $ 75,969 $ 67,504 $ 150,344 $ 125,450
BASIC NET INCOME PER LIMITED PARTNER UNIT (Note 7) $ 2.04 $ 1.82 $ 4.03 $ 3.38
DILUTED NET INCOME PER LIMITED PARTNER UNIT (Note 7) $ 2.04 $ 1.82 $ 4.03 $ 3.38
DISTRIBUTIONS PAID PER LIMITED PARTNER UNIT $ 0.89 $ 0.79 $ 1.75 $ 1.565
WEIGHTED AVERAGE NUMBER OF UNITS OUTSTANDING - BASIC 36,775,741 36,716,855 36,762,402 36,703,901
WEIGHTED AVERAGE NUMBER OF UNITS OUTSTANDING - DILUTED 36,775,741 36,716,855 36,762,402 36,703,901