Earnings Per Share and Dilution Computations (Tables)

3 Months Ended

Mar. 31, 2014

Schedule of Weighted Average Number of Shares

The following are the unit amounts used to compute the basic and diluted earnings per limited partner unit for the period from March 7, 2014 through March 31, 2014 (in millions):




Basic weighted average units outstanding:
Weighted average Class B Units outstanding		115.5
Weighted average common units outstanding		48.5
Total weighted average common units outstanding		164.0
Diluted weighted average units outstanding:
Weighted average basic common units outstanding		164.0
Dilutive effect of restricted units issued		0.7
Total weighted average diluted common units outstanding		164.7

Schedule of Earnings Per Share, Basic and Diluted

The following table reflects the computation of basic and diluted earnings per limited partner unit for the period from March 7, 2014 through March 31, 2014 (in millions except per unit amounts):




Net income attributable to Enlink Midstream, LLC	$	6.8
Distributed earnings allocated to:
Common units and Class B Units (1)(2)	$	14.5
Unvested restricted units (1)	0.1
Total distributed earnings	$	14.6
Undistributed loss allocated to:
Common units and Class B Units	$	(7.8	)
Unvested restricted units	—
Total undistributed loss	$	(7.8	)
Net loss allocated to:
Common units and Class B Units	$	6.7
Unvested restricted units	0.1
Total net income	$	6.8
Basic and diluted net income per unit:
Basic common unit	$	0.04
Diluted common unit	$	0.04

(1) Three months ended March 31, 2014 represents a declared distribution of $0.18 per unit for common units payable on May 15, 2014.

(2) Includes declared distribution of $0.05 per unit for ENLC's Class B Units payable on May 15, 2014.