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Earnings Per Limited Partner Unit (Tables)
6 Months Ended
Mar. 31, 2015
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:

 

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

(in thousands, except per unit data)

   2015      2014      2015      2014  

Net income

   $ 75,687       $ 52,216       $ 91,241       $ 71,504   

Less General Partner’s interest in net income

     428         294         516         403   
  

 

 

    

 

 

    

 

 

    

 

 

 

Net income available to limited partners

  75,259      51,922      90,725      71,101   

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

  13,616      9,065      15,705      11,922   
  

 

 

    

 

 

    

 

 

    

 

 

 

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

$ 61,643    $ 42,857    $ 75,020    $ 59,179   
  

 

 

    

 

 

    

 

 

    

 

 

 

Per unit data:

Basic and diluted net income available to limited partners

$ 1.31    $ 0.90    $ 1.58    $ 1.24   

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

  0.23      0.15      0.27      0.21   
  

 

 

    

 

 

    

 

 

    

 

 

 

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

$ 1.08    $ 0.75    $ 1.31    $ 1.03   
  

 

 

    

 

 

    

 

 

    

 

 

 

Weighted average number of Limited Partner units outstanding

  57,282      57,468      57,288      57,490