American Midstream Partners, LP AMID Income Statement

American midstream partners, lp (AMID)

Income statement / Quarterly

Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Sep'10	Jun'10	Dec'09
Depreciation, amortization and accretion expense
-	-	-	-	-	-	-	-	-	-	-	-	25,252	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Revenue:
Revenues
-	-	202,580	-	-	-	162,887	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Commodity sales
-	-	-	164,737	-	-	-	124,476	123,521	-	119,194	148,592	107,570	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Services
-	-	-	55,835	-	-	-	37,355	40,192	-	40,385	38,611	36,044	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Sales of natural gas, NGLs and condensate
-	-	-	-	-	-	-	-	-	-	-	-	-	-	54,825	67,198	64,462	-	69,699	77,873	80,368	80,049	78,018	76,277	59,707	66,500	54,347	39,487	44,534	42,869	57,005	66,030	67,265	53,158	47,790	32,833
Realized gain (loss) on early termination of commodity derivatives
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-2,998	-	-	-	-
(Loss) gain on commodity derivatives, net
-1,521	2,565	-234	-355	60	-86	-597	199	365	-336	324	-1,367	-238	71	816	311	147	808	606	-193	-130	-82	-499	914	-305	188	-946	3,835	323	-2,507	953	2,602	-3,500	-	-	-
Unrealized gain (loss) on commodity derivatives
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-205	-	-
Revenues
172,830	176,962	202,346	220,217	205,829	163,037	162,290	162,030	164,078	99,911	159,903	185,836	143,376	562,545	55,641	67,509	64,609	610,726	70,305	77,680	80,238	79,967	77,519	77,191	59,402	66,688	53,401	43,322	44,857	40,362	57,958	65,634	63,765	52,953	47,790	32,833
Operating expenses:
Cost of Goods and Services Sold
128,061	-	150,274	-	150,166	-	112,398	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Costs of sales
-	-	-	161,508	-	-	-	115,020	115,468	-	107,249	115,080	73,938	480,939	24,431	33,334	28,978	517,219	46,690	53,818	55,221	55,022	55,765	56,965	47,301	54,397	41,365	27,942	30,768	29,673	47,359	55,413	54,953	44,516	38,843	26,593
Direct Operating Costs
17,978	22,082	20,407	21,742	23,446	25,437	20,705	18,709	17,405	-8,569	17,571	31,967	30,575	28,567	15,328	13,967	13,867	26,159	11,884	11,044	8,961	9,939	9,092	8,402	4,803	5,775	5,329	3,194	2,885	1,871	3,385	3,105	3,058	3,097	3,346	1,594
Corporate expenses
19,401	19,785	23,857	23,372	22,692	27,488	27,083	27,374	30,113	23,953	22,103	22,281	21,101	45,182	7,639	5,571	6,935	43,360	5,875	5,637	5,593	6,572	4,494	4,588	3,425	4,066	3,246	3,668	3,329	3,713	2,497	2,670	2,202	1,803	1,560	1,196
Termination fee
-	-	-17,000	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Transaction expenses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,500	-7	288	-	-	6,404
Equity compensation expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	574	550	1,698	-	337	435	360	217	392	1,097	388	511	474	467	331	369	331	2,184	473	464	537	150
Depreciation, amortization and accretion
21,180	20,898	23,040	21,236	21,997	24,614	26,781	26,483	25,570	16,775	22,668	26,398	25,041	53,236	9,160	9,250	9,689	38,468	5,706	6,012	7,632	7,728	7,880	8,748	5,646	-	5,504	-	-	-	-	-	-	-	-	-
Gain (loss) on involuntary conversion of property, plant and equipment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-78	0	0	421	-1,021	0	0	0	-	-	-	-	-	-	-
Loss (gain) on sale of assets, net
-55	-4,373	99,396	0	95	-1	4,061	-18	21	948	-36	-478	-1,122	150	-32	-2,970	-8	-3,963	-103	0	-21	0	0	0	0	2	4	117	0	-	586	0	-	-	-	-
Impairment of long-lived assets
829	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Impairment of long-lived assets and intangible assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	15,232	-	-	0	0	-	-	-	-	-	-	-	-
Total operating expenses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	61,167	-	70,492	76,946	77,767	-	77,623	-	-	-	-	-	-	-	-	-	-	-	-	-
Depreciation and accretion expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	6,800	5,700	-	-	5,092	5,127	-	5,261	5,170	5,037	5,014	4,982	2,978
Total operating expenses
187,504	198,840	135,182	227,858	218,206	386,595	182,906	187,604	188,535	131,646	169,627	196,204	151,777	756,450	57,132	62,672	61,167	-	70,492	76,946	-	-	-	79,800	61,563	70,313	55,918	40,363	42,440	40,912	60,747	68,535	66,011	54,894	49,268	38,915
Operating loss
-14,674	-21,878	67,164	-7,641	-12,377	-223,558	-20,616	-25,574	-24,457	-31,735	-9,724	-10,368	-8,401	-190,895	-1,523	1,867	3,434	-38,655	-290	734	2,450	-2,512	-104	-17,841	-1,740	-4,644	-2,513	3,076	2,417	414	-2,789	-2,901	-2,246	-1,941	-1,478	-6,082
Other income (expense), net
Other income (expense), net:
Interest expense, net of capitalized interest
24,363	26,576	22,267	19,691	13,876	13,628	17,759	17,122	17,956	-3,309	5,830	10,610	8,302	10,358	3,553	3,556	2,610	11,484	1,430	1,680	1,903	2,333	2,636	2,591	1,731	1,487	1,501	825	757	585	1,378	1,281	1,264	1,419	1,375	910
Other income (expense)
-	-	-	-	-	-	-	-	-	-	-	496	31	-	-	-	-	-	-672	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-
Other income, net
8	497	-128	169	22	2,206	34,085	0	-37	-	-1	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Earnings in unconsolidated affiliates
26,110	34,188	24,622	10,446	12,673	13,269	16,827	17,552	15,402	10,645	10,468	11,702	7,343	6,936	1,094	4	167	231	117	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss before income taxes
-12,919	-13,769	69,391	-16,717	-13,558	-221,711	12,537	-25,144	-27,048	-18,053	-5,087	-8,780	-9,329	-192,857	-3,982	-1,685	991	-51,966	-2,275	-946	547	-	-2,740	-	-	-	-	-	-	-	-	-	-	-	-	-
Income (Loss) from Continuing Operations before Equity Method Investments, Income Taxes, Extraordinary Items, Noncontrolling Interest
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-20,432	-3,471	-	-4,014	-	-	-	-	-	-	-	-	-
Income tax expense
218	950	31,208	557	280	-1,376	731	757	1,123	743	401	701	735	820	592	317	156	596	122	149	-11	-	-214	-375	-	-	0	-	-	-	-	-	-	-	-	-
Income Tax Expense (Benefit), Continuing Operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-
Loss from continuing operations
-	-	38,183	-17,274	-	-220,335	11,806	-25,901	-28,171	-18,796	-5,488	-9,481	-10,064	-193,677	-4,574	-2,002	835	-52,562	-2,397	-1,095	558	-4,939	-2,526	-20,057	-3,471	-6,131	-4,014	2,251	1,660	-	-	-	-	-	-	-
Income (loss) from discontinued operations, including gain on sale
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-31	5	-23,489	-26	-506	-50	-602	-15	-1,869	73	-113	-12	76	31	-	-	-	-	-	-	-
Loss from discontinued operations, net of tax
-	-	-	-	-	-	-	-	-	-	-	0	-539	-	-53	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income from discontinued operations, including gain on sale
-	-	0	0	-	-	44,696	-1,801	-710	-	-2,310	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net loss
-13,137	-14,719	38,183	-17,274	-13,838	-218,425	56,502	-27,702	-28,881	-20,662	-7,798	-9,481	-10,603	-194,021	-4,627	-2,033	840	-76,051	-2,423	-1,601	508	-5,541	-2,541	-21,926	-3,398	-6,244	-4,026	2,327	1,691	-	-4,167	-	-	-	-	-
Less: Net income (loss) attributable to noncontrolling interests
-	-	-	-	-	-	-	-	-	-	-	954	-3	-	-	-	-	-	-	-	-	-	-	188	155	-	249	-	-	-	-	-	-	-	-	-
Net income attributable to noncontrolling interests
77	33	25	13	45	1,087	621	1,462	1,303	-	1,241	-	-	-1	34	-32	-14	3,852	-33	66	108	-	190	-	-	-	-	0	0	-	0	-	-	-	-	-
Net loss attributable to the Partnership
-13,214	-14,752	38,158	-17,287	-13,883	-219,512	55,881	-29,164	-30,184	-21,236	-9,039	-10,435	-10,600	-193,928	-4,661	-2,065	826	-	-	-1,667	400	-5,641	-2,731	-22,114	-3,553	-6,251	-4,275	2,327	1,691	161	-4,167	-4,182	-3,510	-3,360	-2,853	-6,992
General Partner’s interest in net loss
-170	-199	504	-225	-181	-2,883	697	-375	-420	-	-31	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-85	46	34	-	-83	-84	-70	-67	-57	-140
Limited Partners’ interest in net loss
-13,044	-14,553	37,654	-17,062	-13,702	-216,629	55,184	-28,789	-29,764	-	-9,008	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-4,190	2,281	1,657	165	-4,084	-4,098	-3,440	-3,293	-2,796	-6,852
Distribution declared per common unit (in usd per share)
-	-	0.10	0.10	-	-	0.41	0.41	0.41	-	0.41	0.41	0.47	0.72	0.47	0.47	0.47	0.47	0.46	0.46	0.45	-	0.43	0.43	-	-	-	-	-	-	-	-	-	-	-	-
Basic and diluted:
Net Income (Loss), Per Outstanding Limited Partnership and General Partnership Unit, Basic and Diluted, Net of Tax [Abstract]
Basic and diluted:
Loss from continuing operations, basic and diluted (in dollars per share)
-	-	-	-0.48	-	-	-	-0.69	-0.74	-0.57	-0.29	-0.33	-0.32	-	-	-	-	-	-	-	-0.32	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss from discontinued operations, basic and diluted (in dollars per share)
-	-	-	0.00	-	-	-	-0.03	-0.01	-0.03	-0.05	0.00	-0.01	-	-	-	-	-	-	-	0.00	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net loss per common unit (in usd per share)
-0.38	-	-	-0.48	-0.42	-	-	-0.72	-0.75	-0.60	-0.34	-0.33	-0.33	-	-	-	-	-	-	-	-0.32	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income (loss) from continuing operations (in usd per share)
-	-	0.56	-	-	-	0.05	-	-	-	-	-	-	-	-	-	-0.19	-	-0.58	-0.55	-	-	-0.81	-4.01	-	-	-	-	-	-	-	-	-	-	-	-
Income (loss) from discontinued operations (in usd per share)
-	-	0.00	-	-	-	0.86	-	-	-	-	-	-	-	-	-	0.00	-	0.00	-	-	-	0.01	-0.20	-	-	-	-	-	-	-	-	-	-	-	-
Net income (loss) per common unit (in usd per share)
-	-	0.56	-	-	-	0.91	-	-	-	-	-	-	-	-0.48	-0.35	-0.19	-	-0.58	-0.59	-	-	-0.80	-4.21	-	-	-	-	-	-	-	-	-	-	-	-
Income (loss) from continuing operations (in usd per share)
-	-	0.39	-	-	-	0.05	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income (loss) from discontinued operations (in usd per share)
-	-	0.00	-	-	-	0.86	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income (loss) per common unit (in usd per share)
-	-	0.39	-	-	-	0.91	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Weighted average number of common units outstanding:
Basic and diluted (shares)
54,082	-	-	-	52,769	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Weighted average number of common units outstanding: basic (shares)
-	-	52,984	-	-	-	52,021	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Weighted average number of common units outstanding: diluted (shares)
-	-	75,525	-	-	-	52,021	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Weighted Average Number of Shares Outstanding, Basic and Diluted
-	-	-	52,969	-	-	-	51,870	51,451	51,379	51,310	51,090	50,925	-	-	-	22,703	75,907	13,204	11,139	9,846	-	6,663	-	-	-	-	-	-	-	-	-	-	-	-	-
Limited partners' net income (loss) per unit (See Note 19)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0	-0	-3
Weighted Average Number of Shares Outstanding, Basic (in shares)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	23,987	22,757	-	-	-	-	-	-	-	9,198	9,167	-	9,108	9,107	9,092	-	7,774	5,525	5,568	5,001	4,993	2,187
Weighted average number of units used in computation of limited partners net (loss) income per unit (diluted) (See Note 10)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	9,276	-	-	-	5,525	5,568	-	-	-
Commodity sales
Revenues
137,529	-	-	-	158,863	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Services
Revenues
36,822	-	-	-	46,906	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-