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Earnings Per Limited Partner Unit (Tables)
3 Months Ended
Dec. 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  
Basic and Diluted Earnings Per Limited Partner:    December 31,  

(in thousands, except per unit data)

   2015      2014  

Net income

   $ 12,058       $ 15,554   

Less General Partner’s interest in net income

     68         88   
  

 

 

    

 

 

 

Net income available to limited partners

     11,990         15,466   

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

     1,231         1,930   
  

 

 

    

 

 

 

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

   $ 10,759       $ 13,536   
  

 

 

    

 

 

 

Per unit data:

     

Basic and diluted net income available to limited partners

   $ 0.21       $ 0.27   

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

     0.02         0.03   
  

 

 

    

 

 

 

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

   $ 0.19       $ 0.24   
  

 

 

    

 

 

 

Weighted average number of Limited Partner units outstanding

     57,281         57,294