Net Income per Unit (Tables)

3 Months Ended

Mar. 31, 2026

Earnings Per Share [Abstract]

Net Income Per Unit

The calculation of net income per unit is as follows (in thousands, except unit and per unit amounts):

	Three Months Ended March 31,
	2026		2025
Net income	$	32,352	$	39,034
Weighted average common units outstanding, basic	53,514,387		53,604,659
Dilutive effect of unvested phantom units	88,123		29,177
Weighted average common units outstanding, diluted	53,602,510		53,633,836
Net income per unit:
Basic	$	0.60	$	0.73
Diluted (1)	$	0.60	$	0.73

(1) There were 22,566 and 28,692 anti-dilutive common unit equivalents excluded from the diluted earnings per unit calculation during the three months ended March 31, 2026 and 2025, respectively.