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EARNINGS PER UNIT
 9 Months Ended
Sep. 30, 2017
Earnings Per Share [Abstract]  
EARNINGS PER UNIT
12. EARNINGS PER UNIT
 
The following table is a reconciliation of the weighted average units outstanding used in computing the basic and diluted earnings per unit for the periods indicated (in thousands, except per unit amounts):
 
Three Months Ended
September 30,
 
Nine Months Ended
September 30,
 
2017
 
2016
 
2017
 
2016
Net income attributable to Buckeye Partners, L.P.
$
116,187

 
$
156,374

 
$
352,485

 
$
427,943

 
 
 
 
 
 
 
 
Basic:
 

 
 

 
 

 
 

    Weighted average units outstanding - basic
142,088

 
131,113

 
141,104

 
130,439

 
 
 
 
 
 
 
 
Earnings per unit - basic
$
0.82

 
$
1.19

 
$
2.50

 
$
3.28

 
 
 
 
 
 
 
 
Diluted:
 

 
 

 
 

 
 

Weighted average units outstanding - basic
142,088

 
131,113

 
141,104

 
130,439

Dilutive effect of LP Unit options and LTIP awards granted
730

 
827

 
677

 
637

    Weighted average units outstanding - diluted
142,818

 
131,940

 
141,781

 
131,076

 
 
 
 
 
 
 
 
Earnings per unit - diluted
$
0.81

 
$
1.19

 
$
2.49

 
$
3.26