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CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
SALES AND OPERATING REVENUES:        
Coal sales $ 382,262 $ 422,469 $ 821,006 $ 823,761
Transportation revenues 7,328 5,482 16,924 12,040
Other sales and operating revenues 9,029 11,090 21,694 15,965
Total revenues 398,619 439,041 859,624 851,766
EXPENSES:        
Operating expenses (excluding depreciation, depletion and amortization) 238,668 251,947 501,460 515,526
Transportation expenses 7,328 5,482 16,924 12,040
General and administrative 15,324 18,635 31,771 36,188
Depreciation, depletion and amortization 59,020 73,697 124,147 144,304
Total operating expenses 320,340 349,761 674,302 708,058
INCOME FROM OPERATIONS 78,279 89,280 185,322 143,708
Interest expense (net of interest capitalized for the three and six months ended June 30, 2017 and 2016 of $166, $46, $247 and $273, respectively) (10,615) (7,770) (18,131) (15,385)
Interest income 56 4 81 8
Equity in income (loss) of affiliates 2,916 (37) 6,616 (64)
Debt extinguishment loss (8,148)   (8,148)  
Other income 389 161 1,687 252
INCOME BEFORE INCOME TAXES 62,877 81,638 167,427 128,519
INCOME TAX EXPENSE (BENEFIT) 5 6 (7) (2)
NET INCOME 62,872 81,632 167,434 128,521
LESS: NET INCOME ATTRIBUTABLE TO NONCONTROLLING INTERESTS (20,289) (36,259) (69,840) (52,306)
NET INCOME ATTRIBUTABLE TO ALLIANCE HOLDINGS GP, L.P. ("NET INCOME OF AHGP") $ 42,583 $ 45,373 $ 97,594 $ 76,215
BASIC NET INCOME OF AHGP PER LIMITED PARTNER UNIT (in dollars per unit) $ 0.71 $ 0.76 $ 1.63 $ 1.27
DILUTED NET INCOME OF AHGP PER LIMITED PARTNER UNIT (in dollars per unit) 0.71 0.76 1.63 1.27
DISTRIBUTIONS PAID PER LIMITED PARTNER UNIT (in dollars per unit) $ 0.55 $ 0.55 $ 1.10 $ 1.51
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