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Income (Loss) Per Common Unit (Tables)
 6 Months Ended
Sep. 30, 2018
Earnings Per Unit [Abstract]  
Schedule of weighted average number of units
The following table presents our calculation of basic and diluted weighted average common units outstanding for the periods indicated:
 
Three Months Ended September 30,
 
Six Months Ended September 30,
 
2018
 
2017
 
2018
 
2017
Weighted average common units outstanding during the period:
 
 
 
 
 
 
 
Common units - Basic
122,380,197

 
121,314,636

 
121,964,593

 
120,927,400

Common units - Diluted
122,380,197

 
121,314,636

 
121,964,593

 
120,927,400


For the three months ended September 30, 2018 and 2017, and the six months ended September 30, 2018 and 2017, the Performance Awards (as defined herein), warrants, Service Awards (as defined herein) and the Class A Preferred Units (as defined herein) were considered antidilutive.
Schedule of income (loss) per common unit
Our income (loss) per common unit is as follows for the periods indicated:
 
Three Months Ended September 30,
 
Six Months Ended September 30,
 
2018
 
2017
 
2018
 
2017
 
(in thousands, except unit and per unit amounts)
Loss from continuing operations
$
(53,508
)
 
$
(164,293
)
 
$
(218,668
)
 
$
(222,281
)
Less: Continuing operations loss (income) attributable to noncontrolling interests
518

 
(80
)
 
863

 
(132
)
Net loss from continuing operations attributable to NGL Energy Partners LP
(52,990
)
 
(164,373
)
 
(217,805
)
 
(222,413
)
Less: Distributions to preferred unitholders (1)
(23,977
)
 
(16,098
)
 
(44,134
)
 
(25,782
)
Less: Continuing operations loss allocated to general partner (2)
42

 
146

 
193

 
181

Less: Repurchase of warrants (3)
—

 
—

 
—

 
(349
)
Net loss from continuing operations allocated to common unitholders
$
(76,925
)
 
$
(180,325
)
 
$
(261,746
)
 
$
(248,363
)
 
 
 
 
 
 
 
 
Income (loss) from discontinued operations attributable to NGL Energy Partners LP, net of tax
$
408,447

 
$
(9,286
)
 
$
404,318

 
$
(15,005
)
Less: Discontinued operations loss attributable to redeemable noncontrolling interests
48

 
288

 
446

 
685

Less: Discontinued operations (income) loss allocated to general partner (2)
(409
)
 
8

 
(405
)
 
13

Net income (loss) from discontinued operations allocated to common unitholders
$
408,086

 
$
(8,990
)
 
$
404,359

 
$
(14,307
)
 
 
 
 
 
 
 
 
Net income (loss) allocated to common unitholders
$
331,161

 
$
(189,315
)
 
$
142,613

 
$
(262,670
)
 
 
 
 
 
 
 
 
Basic income (loss) per common unit
 
 
 
 
 
 
 
Loss from continuing operations
$
(0.63
)
 
$
(1.49
)
 
$
(2.15
)
 
$
(2.05
)
Income (loss) from discontinued operations, net of tax
3.33

 
(0.07
)
 
3.32

 
(0.12
)
Net income (loss)
$
2.70

 
$
(1.56
)
 
$
1.17

 
$
(2.17
)
Diluted income (loss) per common unit
 
 
 
 
 
 
 
Loss from continuing operations
$
(0.63
)
 
$
(1.49
)
 
$
(2.15
)
 
$
(2.05
)
Income (loss) from discontinued operations, net of tax
3.33

 
(0.07
)
 
3.32

 
(0.12
)
Net income (loss)
$
2.70

 
$
(1.56
)
 
$
1.17

 
$
(2.17
)
Basic weighted average common units outstanding
122,380,197

 
121,314,636

 
121,964,593

 
120,927,400

Diluted weighted average common units outstanding
122,380,197

 
121,314,636

 
121,964,593

 
120,927,400

 
(1)
This amount includes the distribution to preferred unitholders as well as the accretion for the beneficial conversion, as discussed further in Note 10.
(2)
Net (income) loss allocated to the general partner includes distributions to which it is entitled as the holder of incentive distribution rights.
(3)
This amount represents the excess of the repurchase price over the fair value of the warrants, as discussed further in Note 10.