PBF LOGISTICS LP PBFX Income Statement

Pbf logistics lp (PBFX)

Income statement / TTM

Mar'20	Dec'19	Sep'19	Jun'19	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
Revenue:
Affiliate
305,088	300,877	292,651	280,765	269,894	259,426	254,527	250,746	245,316	240,654	232,592	214,075	193,685	175,448	157,078	150,318	147,221	142,102	134,789	114,767	90,067	59,403	0	0	0
Third-party
49,308	39,335	35,366	31,431	27,651	24,014	16,081	16,875	16,535	16,934	15,664	16,419	15,139	13,558	9,979	5,388	0	-	0	0	-	-	-	-	-
Total revenue
354,396	340,212	328,017	312,196	297,545	283,440	447,524	380,804	317,366	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Revenue, Net
-	-	-	-	-	-	-	-	-	-	248,256	230,494	208,824	189,006	166,833	153,268	0	-	0	0	-	-	-	-	-
Costs and expenses:
Operating and maintenance expenses
118,199	118,614	113,808	106,255	98,426	88,390	82,361	82,852	77,632	73,521	71,687	66,886	59,272	51,393	41,248	33,308	30,186	30,730	30,357	32,613	32,662	29,076	0	0	0
General and administrative expenses
22,892	24,515	24,009	24,182	23,090	21,371	18,841	17,650	17,260	16,284	11,674	12,560	13,372	16,967	22,340	20,927	17,746	13,898	12,879	12,594	10,474	8,209	0	0	0
Depreciation and amortization
41,162	38,601	35,278	33,650	31,887	29,809	28,493	27,076	25,695	24,404	22,179	21,770	18,409	15,406	12,932	9,234	8,522	7,806	6,721	6,249	5,480	4,708	0	0	0
Change in contingent consideration
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total costs and expenses
181,669	180,940	173,095	164,087	153,403	139,570	129,695	127,578	120,587	114,209	105,540	101,216	91,053	83,766	76,520	63,469	56,454	52,434	49,957	51,456	48,616	41,993	0	0	0
Income from operations
172,727	159,272	154,922	148,109	144,142	143,870	140,913	140,043	141,264	143,379	142,716	129,278	117,771	105,240	91,131	92,831	94,055	90,262	84,832	63,311	41,451	17,410	0	0	0
Other expense:
Interest expense, net
-47,491	-46,555	-45,216	-43,056	-41,869	-40,541	-39,066	-36,412	-33,892	-31,875	-29,544	-29,408	-29,111	-28,755	-28,469	-27,946	-25,358	-19,939	-14,513	-8,441	-4,102	-2,307	0	0	0
Amortization of loan fees and debt premium
1,770	1,780	1,800	1,853	1,803	1,717	1,619	1,454	1,435	1,488	1,543	1,627	1,672	1,678	1,684	1,691	1,575	1,315	1,041	760	527	365	0	0	0
Accretion on discounted liabilities
2,560	2,768	3,030	2,308	1,535	775	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income (Loss) Attributable to Parent, before Tax
-	-	104,876	100,892	-	100,837	100,228	102,177	105,937	110,016	111,629	98,243	86,988	74,807	60,978	63,194	67,122	69,008	69,278	54,110	36,822	14,738	0	0	0
Net Income (Loss) Attributable To Predecessors
-	-	-2,558	-2,638	-	-2,443	-8,734	-4,941	-3,857	-4,986	8,017	11,226	11,604	11,832	11,298	6,870	6,271	4,840	-27,916	-23,723	-20,601	-15,226	0	0	0
Less: Net income attributable to noncontrolling interest
3,162	7,881	12,590	17,315	18,516	17,819	16,457	15,531	14,988	14,565	15,276	13,098	9,278	5,679	1,621	0	0	-	0	-	-	-	-	-	-
Net income attributable to the partners
-	-	92,286	83,657	-	85,461	87,337	93,845	97,064	100,437	104,370	96,371	89,314	80,960	0	0	0	-	-	-	-	-	-	-	-
Less: Net income attributable to the IDR holder
-	-	-12,744	-16,385	-	-10,011	-5,055	1,112	-4,410	-9,055	-2,409	-6,060	-4,835	-4,031	0	0	0	-	-	-	-	-	-	-	-
Net income attributable to PBF Logistics LP unitholders
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Income (Loss) Allocated to Limited Partners
-	-	92,290	80,020	-	75,450	74,586	82,209	86,736	91,382	96,909	90,311	84,479	76,929	67,766	68,300	72,511	73,848	71,814	60,839	46,673	29,964	0	0	0
Weighted-average limited partner units outstanding:
Cash distributions paid per unit (in dollars per share)
-	-	-	-	-	-	-	-	-	-	0.48	0.47	0.46	-	0.44	0.43	0.42	-	0.39	0.37	0.35	-	0.30	-	-
Common Units [Member]
Net income attributable to the partners
-	-	92,290	80,020	-	75,450	0	82,209	81,291	77,219	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Common - basic (in dollars per share)
0.56	0.49	0.50	0.37	0.35	0.49	0.42	0.39	0.43	0.50	0.63	0.49	0.55	-	-	-	-	-	-	-	-	-	-	-	-
Common - diluted (in dollars per share)
0.56	0.49	0.50	0.37	0.35	0.49	0.42	0.39	0.43	0.50	0.63	0.49	0.55	-	-	-	-	-	-	-	-	-	-	-	-
Common - basic (in shares)
62,370	62,539	62,361	60,279	49,151	45,709	44,518	42,231	42,129	42,423	42,127	31,428	26,042	-	-	-	-	-	-	-	-	-	-	-	-
Common - diluted (in shares)
62,473	62,608	62,460	60,364	49,318	45,781	44,612	42,294	42,236	42,501	42,161	31,485	26,127	-	-	-	-	-	-	-	-	-	-	-	-
Subordinated Units [Member]
Subordinated - basic and diluted (In dollars per share)
-	-	-	-	-	-	-	-	-	1.08	0.00	0.52	0.55	-	-	-	-	-	-	-	-	-	-	-	-
Subordinated - basic and diluted (in shares)
-	-	-	-	-	-	-	-	-	-246	0	10,649	15,886	-	-	-	-	-	-	-	-	-	-	-	-