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SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED)
12 Months Ended
Dec. 31, 2017
SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED)  
SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED)

22.       SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED)

 

A summary of our consolidated quarterly operating results in 2017 and 2016 is as follows:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Quarter Ended

 

 

 

March 31, 

    

June 30, 

    

September 30, 

    

December 31, 

 

 

    

2017

    

2017 (1)

    

2017

    

2017

 

 

 

(in thousands, except unit and per unit data)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Revenues

 

$

461,005

 

$

398,619

 

$

453,087

 

$

483,130

 

Income from operations

 

 

107,043

 

 

78,279

 

 

64,342

 

 

76,998

 

Income before income taxes

 

 

104,550

 

 

62,877

 

 

60,947

 

 

74,095

 

Net income of AHGP

 

 

55,011

 

 

42,583

 

 

39,122

 

 

49,272

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic and diluted net income per limited partner unit

 

$

0.92

 

$

0.71

 

$

0.65

 

$

0.82

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average number of units outstanding – basic and diluted

 

 

59,863,000

 

 

59,863,000

 

 

59,863,000

 

 

59,863,000

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Quarter Ended

 

 

    

March 31, 

    

June 30, 

    

September 30, 

    

December 31, 

 

 

    

2016

    

2016

    

2016

    

2016

 

 

 

(in thousands, except unit and per unit data)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Revenues

 

$

412,725

 

$

439,041

 

$

551,966

 

$

527,291

 

Income from operations

 

 

54,428

 

 

89,280

 

 

95,450

 

 

123,796

 

Income before income taxes

 

 

46,881

 

 

81,638

 

 

88,850

 

 

119,198

 

Net income of AHGP

 

 

30,842

 

 

45,373

 

 

48,507

 

 

61,212

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic and diluted net income per limited partner unit

 

$

0.52

 

$

0.76

 

$

0.81

 

$

1.02

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average number of units outstanding – basic and diluted

 

 

59,863,000

 

 

59,863,000

 

 

59,863,000

 

 

59,863,000

 


(1)

Our June 30, 2017 quarterly results were affected by a debt extinguishment loss of $8.1 million related to early repayment of  the ARLP Partnership's Series B Senior Notes in May 2017 (Note 7 – Long-Term Debt).