Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Operations (unaudited)

v3.7.0.1
Consolidated Statements of Operations (unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Net sales [1] $ 521,751 $ 468,457 $ 1,066,283 $ 836,466
Operating costs and expenses:        
Cost of sales 440,895 410,735 911,366 730,068
Direct operating expenses 27,878 23,255 52,638 48,299
Selling, general and administrative expenses 7,392 8,802 14,156 16,111
Depreciation and amortization 14,462 14,667 28,691 28,873
Total operating costs and expenses 490,627 457,459 1,006,851 823,351
Loss on disposition of assets (23) 0 (23) 0
Operating income 31,101 10,998 59,409 13,115
Interest expense (8,652) (9,920) (16,497) (20,507)
Other income (loss), net (459) 113 (554) 197
Income (loss) before state income tax expense 21,990 1,191 42,358 (7,195)
State income tax expense 310 0 566 176
Net income (loss) $ 21,680 $ 1,191 $ 41,792 $ (7,371)
Earnings (loss) per unit $ 0.35 $ 0.02 $ 0.67 $ (0.12)
Weighted average common units outstanding (in thousands) 62,525 62,515 62,523 62,512
Cash distribution per unit $ 0.38 $ 0.00 $ 0.49 $ 0.08
[1] Includes sales to related parties of $94,323 and $76,884 for the three months ended and $185,760 and $139,994 for the six months ended June 30, 2017 and 2016, respectively.