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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Revenue:        
Total revenue from contracts with customers $ 783,196 $ 670,461 $ 1,763,458 $ 1,464,976
Total revenue 940,839 810,201 2,123,944 1,779,474
Costs and expenses:        
Cost of product sales 552,399 392,578 1,337,726 940,628
Operating expenses 156,505 162,107 311,373 323,529
Depreciation and amortization 66,569 64,838 130,707 130,326
General and administrative 21,792 24,346 45,081 46,083
Other, net (2,123) (4,422) (16,153) (4,422)
Total costs and expenses 795,142 639,447 1,808,734 1,436,144
Operating income 145,697 170,754 315,210 343,330
Other income (expense):        
Earnings from equity investments 8,265 3,120 15,754 13,478
Interest and debt expense (59,566) (56,424) (118,671) (112,309)
Other expense (297) (32) (612) (550)
Total other expense, net (51,598) (53,336) (103,529) (99,381)
Income before taxes 94,099 117,418 211,681 243,949
Income tax expense (782) (1,039) (1,272) (1,261)
Net income 93,317 116,379 210,409 242,688
Less: Net income attributable to noncontrolling interests (1,413) (3,657) (6,132) (6,390)
Net income attributable to Buckeye Partners, L.P. $ 91,904 $ 112,722 $ 204,277 $ 236,298
Earnings per unit attributable to Buckeye Partners, L.P.:        
Basic (in dollars per share) $ 0.59 $ 0.80 $ 1.34 $ 1.68
Diluted (in dollars per share) $ 0.59 $ 0.80 $ 1.33 $ 1.67
Weighted average units outstanding:        
Basic (in shares) 153,258 140,826 151,093 140,603
Diluted (in shares) 153,989 141,505 151,770 141,253
Product sales        
Revenue:        
Total revenue from contracts with customers $ 556,850 $ 399,805 $ 1,349,037 $ 965,225
Transportation, storage and other services        
Revenue:        
Total revenue from contracts with customers $ 383,989 $ 410,396 $ 774,907 $ 814,249