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Earnings Per Limited Partner Unit (Tables)
3 Months Ended
Dec. 31, 2014
Net Income Allocation and Per Unit Data

The following presents the net income allocation and per unit data using this method for the periods presented:

 

Basic and Diluted Earnings Per Limited Partner:    Three Months Ended
December 31,
 

(in thousands, except per unit data)

   2014      2013  

Net income

   $ 15,554       $ 19,288   

Less General Partner’s interest in net income

     88         109   
  

 

 

    

 

 

 

Net income available to limited partners

     15,466         19,179   

Less dilutive impact of theoretical distribution of earnings under FASB ASC 260- 10-45-60

     1,930         2,665   
  

 

 

    

 

 

 

Limited Partner’s interest in net incomeunder FASB ASC 260-10-45-60

   $ 13,536       $ 16,514   
  

 

 

    

 

 

 

Per unit data:

     

Basic and diluted net income available to limited partners

   $ 0 .27       $ 0.33   

Less dilutive impact of theoretical distribution of earnings under FASB ASC 260- 10-45-60

     0 .03         0.04   
  

 

 

    

 

 

 

Limited Partner’s interest in net income under FASB ASC 260- 10-45-60

   $ 0.24       $ 0.29   
  

 

 

    

 

 

 

Weighted average number of Limited Partner units outstanding

     57,294         57,511