| Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | ||
|---|---|---|---|---|---|---|
Operating revenues | ||||||
834,096 | 735,614 | 632,936 | 489,218 | 354,001 | ||
Operating expenses: | ||||||
Operating and maintenance | ||||||
84,717 | 73,213 | 70,103 | 56,413 | 42,727 | ||
Selling, general and administrative | ||||||
74,201 | 75,726 | 63,958 | 51,149 | 35,574 | ||
Depreciation | ||||||
97,485 | 62,691 | 49,895 | 49,061 | 30,906 | ||
Total operating expenses | ||||||
256,403 | 211,630 | 183,956 | 156,623 | 109,207 | ||
Operating income | ||||||
577,693 | 523,984 | 448,980 | 332,595 | 244,794 | ||
Equity income | ||||||
- | - | - | - | 0 | ||
Other income | ||||||
27,377 | 37,918 | 8,694 | 3,313 | 1,242 | ||
Net interest expense | ||||||
-36,150 | -16,761 | -21,348 | -10,871 | -1,672 | ||
Income before income taxes | ||||||
568,920 | 545,141 | 436,326 | 325,037 | 244,364 | ||
Income tax expense | ||||||
0 | 10,147 | 2,326 | 79,135 | 86,471 | ||
Net income | ||||||
568,920 | 534,994 | 434,000 | 245,902 | 157,893 | ||
Net income attributable to noncontrolling interests | ||||||
306,927 | 300,815 | 226,397 | 124,025 | 47,243 | ||
Net income attributable to EQGP Holdings, LP | ||||||
261,993 | 234,179 | 207,603 | 121,877 | 110,650 | ||
Calculation of limited partner interest in net income: | ||||||
Net income attributable to EQT GP Holdings, LP | ||||||
261,993 | 234,179 | 207,603 | 121,877 | 110,650 | ||
Less results attributable to the pre-IPO period | ||||||
0 | 0 | -42,238 | - | - | ||
Less pre-acquisition net income allocated to parent | ||||||
0 | -21,861 | -61,676 | 0 | - | ||
Limited partner interest in net income | ||||||
261,993 | 212,318 | 103,689 | - | - | ||
Net income per common unit basic and diluted (in dollars per share) | ||||||
0.98 | 0.80 | 0.39 | - | - | ||
Weighted average common units outstanding basic and diluted (in shares) | ||||||
266,185 | 266,175 | 266,168 | - | - | ||