XML 18 R4.htm IDEA: XBRL DOCUMENT v3.5.0.2
CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
SALES AND OPERATING REVENUES:        
Coal sales $ 533,817 $ 547,466 $ 1,357,578 $ 1,632,493
Transportation revenues 7,692 9,395 19,732 24,323
Other sales and operating revenues 10,457 9,481 26,422 74,445
Total revenues 551,966 566,342 1,403,732 1,731,261
EXPENSES:        
Operating expenses (excluding depreciation, depletion and amortization) 347,711 336,527 847,513 1,045,954
Transportation expenses 7,692 9,395 19,732 24,323
Outside coal purchases 1,514 2 1,514 326
General and administrative 18,987 18,356 55,175 53,659
Depreciation, depletion and amortization 80,612 84,661 240,640 242,730
Asset impairment   10,695   10,695
Total operating expenses 456,516 459,636 1,164,574 1,377,687
INCOME FROM OPERATIONS 95,450 106,706 239,158 353,574
Interest expense (net of interest capitalized for the three and nine months ended September 30, 2016 and 2015 of $47, $152, $320 and $518, respectively) (8,001) (7,352) (23,386) (23,626)
Interest income 3 286 11 1,422
Equity in income (loss) of affiliates, net 1,105 (17,221) 1,041 (49,049)
Other income 293 455 545 750
INCOME BEFORE INCOME TAXES 88,850 82,874 217,369 283,071
INCOME TAX EXPENSE (BENEFIT) 6 12 4 18
NET INCOME 88,844 82,862 217,365 283,053
LESS: NET INCOME ATTRIBUTABLE TO NONCONTROLLING INTERESTS (40,337) (26,765) (92,643) (100,476)
NET INCOME ATTRIBUTABLE TO ALLIANCE HOLDINGS GP, L.P. ("NET INCOME OF AHGP") $ 48,507 $ 56,097 $ 124,722 $ 182,577
BASIC NET INCOME OF AHGP PER LIMITED PARTNER UNIT (in dollars per unit) $ 0.81 $ 0.94 $ 2.08 $ 3.05
DILUTED NET INCOME OF AHGP PER LIMITED PARTNER UNIT (in dollars per unit) 0.81 0.94 2.08 3.05
DISTRIBUTIONS PAID PER LIMITED PARTNER UNIT (in dollars per unit) $ 0.55 $ 0.96 $ 2.06 $ 2.8125
WEIGHTED AVERAGE NUMBER OF UNITS OUTSTANDING – BASIC (in units) 59,863,000 59,863,000 59,863,000 59,863,000
WEIGHTED AVERAGE NUMBER OF UNITS OUTSTANDING - DILUTED (in units) 59,863,000 59,863,000 59,863,000 59,863,000