10-Q Filing

ALLIANCE RESOURCE PARTNERS LP CIK: 1086600 Q1 2014

Filing Information

Form Type	10-Q
Accession Number	`0001104659-14-036894`
Period End Date	20140331
Filing Date	20140509
Fiscal Year	2014
Fiscal Period	Q1
XBRL Instance	arlp-20140331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 89 Income Statement 47 Cash Flow Statement 44 Comprehensive Income 6

Balance Sheet 89 line items

Line Item	Tag	Value	Unit	Period
Limited Partners, Common Unitholders, units outstanding	`LimitedPartnersCapitalAccountUnitsOutstanding`	36.96M	shares	Point-in-time
Limited Partners, Common Unitholders, units outstanding	`LimitedPartnersCapitalAccountUnitsOutstanding`	37.03M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$14.40M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$28.68M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$28.28M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$93.65M	USD	Point-in-time
Trade receivables	`AccountsReceivableNetCurrent`	$153.66M	USD	Point-in-time
Trade receivables	`AccountsReceivableNetCurrent`	$199.55M	USD	Point-in-time
Other receivables	`NontradeReceivablesCurrent`	$776.00K	USD	Point-in-time
Other receivables	`NontradeReceivablesCurrent`	$294.00K	USD	Point-in-time
Due from affiliates	`DueFromAffiliateCurrent`	$2.50M	USD	Point-in-time
Due from affiliates	`DueFromAffiliateCurrent`	$1.96M	USD	Point-in-time
Inventories	`InventoryNet`	$68.75M	USD	Point-in-time
Inventories	`InventoryNet`	$44.21M	USD	Point-in-time
Advance royalties	`PrepaidRoyalties`	$11.45M	USD	Point-in-time
Advance royalties	`PrepaidRoyalties`	$11.45M	USD	Point-in-time
Prepaid expenses and other assets	`PrepaidExpenseAndOtherAssetsCurrent`	$16.19M	USD	Point-in-time
Prepaid expenses and other assets	`PrepaidExpenseAndOtherAssetsCurrent`	$9.95M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$306.90M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$321.91M	USD	Point-in-time
Property, plant and equipment, at cost	`PropertyPlantAndEquipmentGross`	$2.68B	USD	Point-in-time
Property, plant and equipment, at cost	`PropertyPlantAndEquipmentGross`	$2.65B	USD	Point-in-time
Less accumulated depreciation, depletion and amortization	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$1.06B	USD	Point-in-time
Less accumulated depreciation, depletion and amortization	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$1.03B	USD	Point-in-time
Total property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$1.62B	USD	Point-in-time
Total property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$1.61B	USD	Point-in-time
Advance royalties	`PrepaidMineralRoyaltiesNoncurrent`	$20.74M	USD	Point-in-time
Advance royalties	`PrepaidMineralRoyaltiesNoncurrent`	$18.81M	USD	Point-in-time
Due from affiliate	`DueFromAffiliateNoncurrent`	$11.56M	USD	Point-in-time
Due from affiliate	`DueFromAffiliateNoncurrent`	$11.46M	USD	Point-in-time
Equity investments in affiliates	`EquityMethodInvestments`	$154.03M	USD	Point-in-time
Equity investments in affiliates	`EquityMethodInvestments`	$130.41M	USD	Point-in-time
Other long-term assets	`OtherAssetsNoncurrent`	$23.68M	USD	Point-in-time
Other long-term assets	`OtherAssetsNoncurrent`	$24.83M	USD	Point-in-time
Total other assets	`OtherAssets`	$185.61M	USD	Point-in-time
Total other assets	`OtherAssets`	$209.91M	USD	Point-in-time
TOTAL ASSETS	`Assets`	$2.12B	USD	Point-in-time
TOTAL ASSETS	`Assets`	$2.14B	USD	Point-in-time
TOTAL ASSETS	`Assets`	$2.00B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$79.37M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$83.86M	USD	Point-in-time
Due to affiliates	`DueToAffiliateCurrent`	$202.00K	USD	Point-in-time
Due to affiliates	`DueToAffiliateCurrent`	$290.00K	USD	Point-in-time
Accrued taxes other than income taxes	`AccrualForTaxesOtherThanIncomeTaxesCurrent`	$19.06M	USD	Point-in-time
Accrued taxes other than income taxes	`AccrualForTaxesOtherThanIncomeTaxesCurrent`	$25.06M	USD	Point-in-time
Accrued payroll and related expenses	`EmployeeRelatedLiabilitiesCurrent`	$47.10M	USD	Point-in-time
Accrued payroll and related expenses	`EmployeeRelatedLiabilitiesCurrent`	$43.12M	USD	Point-in-time
Accrued interest	`InterestPayableCurrent`	$996.00K	USD	Point-in-time
Accrued interest	`InterestPayableCurrent`	$6.30M	USD	Point-in-time
Workers' compensation and pneumoconiosis benefits	`WorkersCompensationAndPneumoconiosisBenefitsCurrent`	$9.24M	USD	Point-in-time
Workers' compensation and pneumoconiosis benefits	`WorkersCompensationAndPneumoconiosisBenefitsCurrent`	$9.06M	USD	Point-in-time
Current capital lease obligations	`CapitalLeaseObligationsCurrent`	$1.31M	USD	Point-in-time
Current capital lease obligations	`CapitalLeaseObligationsCurrent`	$1.29M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$18.62M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$17.13M	USD	Point-in-time
Current maturities, long-term debt	`LongTermDebtCurrent`	$43.00M	USD	Point-in-time
Current maturities, long-term debt	`LongTermDebtCurrent`	$36.75M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$212.55M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$229.21M	USD	Point-in-time
Long-term debt, excluding current maturities	`LongTermDebtNoncurrent`	$790.00M	USD	Point-in-time
Long-term debt, excluding current maturities	`LongTermDebtNoncurrent`	$831.25M	USD	Point-in-time
Pneumoconiosis benefits	`PneumoconiosisBenefits`	$48.45M	USD	Point-in-time
Pneumoconiosis benefits	`PneumoconiosisBenefits`	$49.70M	USD	Point-in-time
Accrued pension benefit	`DefinedBenefitPensionPlanLiabilitiesNoncurrent`	$18.18M	USD	Point-in-time
Accrued pension benefit	`DefinedBenefitPensionPlanLiabilitiesNoncurrent`	$17.54M	USD	Point-in-time
Workers' compensation	`WorkersCompensationLiabilityNoncurrent`	$54.95M	USD	Point-in-time
Workers' compensation	`WorkersCompensationLiabilityNoncurrent`	$54.86M	USD	Point-in-time
Asset retirement obligations	`AssetRetirementObligationsNoncurrent`	$81.32M	USD	Point-in-time
Asset retirement obligations	`AssetRetirementObligationsNoncurrent`	$80.81M	USD	Point-in-time
Long-term capital lease obligations	`CapitalLeaseObligationsNoncurrent`	$16.76M	USD	Point-in-time
Long-term capital lease obligations	`CapitalLeaseObligationsNoncurrent`	$17.14M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$6.41M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$7.33M	USD	Point-in-time
Total long-term liabilities	`LiabilitiesNoncurrent`	$1.02B	USD	Point-in-time
Total long-term liabilities	`LiabilitiesNoncurrent`	$1.06B	USD	Point-in-time
Total liabilities	`Liabilities`	$1.27B	USD	Point-in-time
Total liabilities	`Liabilities`	$1.25B	USD	Point-in-time
COMMITMENTS AND CONTINGENCIES	`CommitmentsAndContingencies`	-	USD	Point-in-time
COMMITMENTS AND CONTINGENCIES	`CommitmentsAndContingencies`	-	USD	Point-in-time
Limited Partners - Common Unitholders 37,030,317 and 36,963,054 units outstanding, respectively	`LimitedPartnersCapitalAccount`	$1.17B	USD	Point-in-time
Limited Partners - Common Unitholders 37,030,317 and 36,963,054 units outstanding, respectively	`LimitedPartnersCapitalAccount`	$1.13B	USD	Point-in-time
General Partners' deficit	`GeneralPartnersCapitalAccount`	$-267.56M	USD	Point-in-time
General Partners' deficit	`GeneralPartnersCapitalAccount`	$-265.71M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-9.72M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-9.76M	USD	Point-in-time
Total Partners' Capital	`PartnersCapital`	$890.16M	USD	Point-in-time
Total Partners' Capital	`PartnersCapital`	$851.24M	USD	Point-in-time
TOTAL LIABILITIES AND PARTNERS' CAPITAL	`LiabilitiesAndStockholdersEquity`	$2.14B	USD	Point-in-time
TOTAL LIABILITIES AND PARTNERS' CAPITAL	`LiabilitiesAndStockholdersEquity`	$2.12B	USD	Point-in-time

Income Statement 47 line items

Line Item	Tag	Value	Unit	Period
Interest expense, interest capitalized	`InterestCostsCapitalized`	$772.00K	USD	1 Quarter
Interest expense, interest capitalized	`InterestCostsCapitalized`	$2.53M	USD	1 Quarter
Coal sales	`CoalProductsAndServicesRevenue`	$525.54M	USD	1 Quarter
Coal sales	`CoalProductsAndServicesRevenue`	$534.51M	USD	1 Quarter
Transportation revenues	`ShippingAndHandlingRevenue`	$6.00M	USD	1 Quarter
Transportation revenues	`ShippingAndHandlingRevenue`	$6.93M	USD	1 Quarter
Other sales and operating revenues	`OtherSalesRevenueNet`	$6.61M	USD	1 Quarter
Other sales and operating revenues	`OtherSalesRevenueNet`	$10.49M	USD	1 Quarter
Total revenues	`SalesRevenueNet`	$542.04M	USD	1 Quarter
Total revenues	`SalesRevenueNet`	$548.05M	USD	1 Quarter
Operating expenses (excluding depreciation, depletion and amortization)	`CostOfGoodsSoldExcludingDepreciationDepletionAndAmortization`	$348.57M	USD	1 Quarter
Operating expenses (excluding depreciation, depletion and amortization)	`CostOfGoodsSoldExcludingDepreciationDepletionAndAmortization`	$322.24M	USD	1 Quarter
Transportation expenses	`ShippingHandlingAndTransportationCosts`	$6.93M	USD	1 Quarter
Transportation expenses	`ShippingHandlingAndTransportationCosts`	$6.00M	USD	1 Quarter
Outside coal purchases	`OutsideCoalPurchases`	$2.00K	USD	1 Quarter
Outside coal purchases	`OutsideCoalPurchases`	$602.00K	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$17.43M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$15.25M	USD	1 Quarter
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$66.84M	USD	1 Quarter
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$64.38M	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$412.52M	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$435.74M	USD	1 Quarter
INCOME FROM OPERATIONS	`OperatingIncomeLoss`	$112.32M	USD	1 Quarter
INCOME FROM OPERATIONS	`OperatingIncomeLoss`	$129.51M	USD	1 Quarter
Interest expense (net of interest capitalized for the three months ended March 31, 2014 and 2013 of $772 and $2,531, respectively)	`InterestExpense`	$6.62M	USD	1 Quarter
Interest expense (net of interest capitalized for the three months ended March 31, 2014 and 2013 of $772 and $2,531, respectively)	`InterestExpense`	$8.06M	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$134.00K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$389.00K	USD	1 Quarter
Equity in loss of affiliates, net	`IncomeLossFromEquityMethodInvestments`	$-6.24M	USD	1 Quarter
Equity in loss of affiliates, net	`IncomeLossFromEquityMethodInvestments`	$-3.87M	USD	1 Quarter
Other income	`OtherNonoperatingIncome`	$306.00K	USD	1 Quarter
Other income	`OtherNonoperatingIncome`	$274.00K	USD	1 Quarter
INCOME BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$102.24M	USD	1 Quarter
INCOME BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$115.90M	USD	1 Quarter
INCOME TAX BENEFIT	`IncomeTaxExpenseBenefit`	$-698.00K	USD	1 Quarter
NET INCOME	`NetIncomeLoss`	$115.90M	USD	1 Quarter
NET INCOME	`NetIncomeLoss`	$102.94M	USD	1 Quarter
GENERAL PARTNERS' INTEREST IN NET INCOME	`NetIncomeLossAllocatedToGeneralPartners`	$-29.77M	USD	1 Quarter
GENERAL PARTNERS' INTEREST IN NET INCOME	`NetIncomeLossAllocatedToGeneralPartners`	$-33.37M	USD	1 Quarter
LIMITED PARTNERS' INTEREST IN NET INCOME	`NetIncomeLossAllocatedToLimitedPartners`	$82.54M	USD	1 Quarter
LIMITED PARTNERS' INTEREST IN NET INCOME	`NetIncomeLossAllocatedToLimitedPartners`	$73.17M	USD	1 Quarter
BASIC AND DILUTED NET INCOME PER LIMITED PARTNER UNIT (Note 7) (in dollars per unit)	`NetIncomeLossPerOutstandingLimitedPartnerUnitBasicAndDiluted`	$2.20	USD	1 Quarter
BASIC AND DILUTED NET INCOME PER LIMITED PARTNER UNIT (Note 7) (in dollars per unit)	`NetIncomeLossPerOutstandingLimitedPartnerUnitBasicAndDiluted`	$1.95	USD	1 Quarter
DISTRIBUTIONS PAID PER LIMITED PARTNER UNIT (in dollars per unit)	`DistributionsPerLimitedPartnershipUnitOutstanding`	$1.20	USD	1 Quarter
DISTRIBUTIONS PAID PER LIMITED PARTNER UNIT (in dollars per unit)	`DistributionsPerLimitedPartnershipUnitOutstanding`	$1.11	USD	1 Quarter
WEIGHTED AVERAGE NUMBER OF UNITS OUTSTANDING - BASIC AND DILUTED (in units)	`WeightedAverageNumberOfLimitedPartnerUnitsOutstandingBasicAndDiluted`	36.92M	shares	1 Quarter
WEIGHTED AVERAGE NUMBER OF UNITS OUTSTANDING - BASIC AND DILUTED (in units)	`WeightedAverageNumberOfLimitedPartnerUnitsOutstandingBasicAndDiluted`	37.00M	shares	1 Quarter

Cash Flow Statement 44 line items

Line Item	Tag	Value	Unit	Period
CASH FLOWS PROVIDED BY OPERATING ACTIVITIES	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$199.48M	USD	1 Quarter
CASH FLOWS PROVIDED BY OPERATING ACTIVITIES	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$140.10M	USD	1 Quarter
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$69.46M	USD	1 Quarter
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$70.31M	USD	1 Quarter
Changes in accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-7.61M	USD	1 Quarter
Changes in accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-3.75M	USD	1 Quarter
Proceeds from sale of property, plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$9.00K	USD	1 Quarter
Purchases of equity investments in affiliate	`PaymentsToAcquireInterestInSubsidiariesAndAffiliates`	$30.00M	USD	1 Quarter
Purchases of equity investments in affiliate	`PaymentsToAcquireInterestInSubsidiariesAndAffiliates`	$29.70M	USD	1 Quarter
Payments to affiliate for acquisition and development of coal reserves	`PaymentsToAffiliateForMineralRightsAndDevelopment`	$1.40M	USD	1 Quarter
Payments to affiliate for acquisition and development of coal reserves	`PaymentsToAffiliateForMineralRightsAndDevelopment`	$12.06M	USD	1 Quarter
Advances/loans to affiliate	`PaymentsForAdvanceToAffiliate`	$1.64M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-121.31M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-104.61M	USD	1 Quarter
Borrowings under revolving credit facilities	`ProceedsFromLongTermLinesOfCredit`	$45.00M	USD	1 Quarter
Borrowings under revolving credit facilities	`ProceedsFromLongTermLinesOfCredit`	$82.80M	USD	1 Quarter
Payments under revolving credit facilities	`RepaymentsOfLongTermLinesOfCredit`	$50.00M	USD	1 Quarter
Payments under revolving credit facilities	`RepaymentsOfLongTermLinesOfCredit`	$117.80M	USD	1 Quarter
Payments on capital lease obligations	`RepaymentsOfLongTermCapitalLeaseObligations`	$358.00K	USD	1 Quarter
Payments on capital lease obligations	`RepaymentsOfLongTermCapitalLeaseObligations`	$284.00K	USD	1 Quarter
Net settlement of employee withholding taxes on vesting of Long-Term Incentive Plan	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$2.99M	USD	1 Quarter
Net settlement of employee withholding taxes on vesting of Long-Term Incentive Plan	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$3.02M	USD	1 Quarter
Cash contributions by General Partners	`ProceedsFromPartnershipContribution`	$114.00K	USD	1 Quarter
Cash contributions by General Partners	`ProceedsFromPartnershipContribution`	$111.00K	USD	1 Quarter
Distributions paid to Partners	`PartnersCapitalAccountDistributions`	$-69.59M	USD	1 Quarter
Distributions paid to Partners	`PartnersCapitalAccountDistributions`	$-76.51M	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-114.75M	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-77.77M	USD	1 Quarter
NET CHANGE IN CASH AND CASH EQUIVALENTS	`NetCashProvidedByUsedInContinuingOperations`	$394.00K	USD	1 Quarter
NET CHANGE IN CASH AND CASH EQUIVALENTS	`NetCashProvidedByUsedInContinuingOperations`	$-79.26M	USD	1 Quarter
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$14.40M	USD	Point-in-time
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$28.68M	USD	Point-in-time
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$28.28M	USD	Point-in-time
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$93.65M	USD	Point-in-time
CASH AND CASH EQUIVALENTS AT END OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$14.40M	USD	Point-in-time
CASH AND CASH EQUIVALENTS AT END OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$28.68M	USD	Point-in-time
CASH AND CASH EQUIVALENTS AT END OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$28.28M	USD	Point-in-time
CASH AND CASH EQUIVALENTS AT END OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$93.65M	USD	Point-in-time
Cash paid for interest	`InterestPaidNet`	$3.91M	USD	1 Quarter
Cash paid for interest	`InterestPaidNet`	$3.25M	USD	1 Quarter
Accounts payable for purchase of property, plant and equipment	`CapitalExpendituresIncurredButNotYetPaid`	$13.36M	USD	1 Quarter
Accounts payable for purchase of property, plant and equipment	`CapitalExpendituresIncurredButNotYetPaid`	$14.18M	USD	1 Quarter
Market value of common units issued under Long-Term Incentive and Directors Deferred Compensation Plans before minimum statutory tax withholding requirements	`StockIssuedDuringPeriodValueShareBasedCompensationGross`	$8.58M	USD	1 Quarter
Market value of common units issued under Long-Term Incentive and Directors Deferred Compensation Plans before minimum statutory tax withholding requirements	`StockIssuedDuringPeriodValueShareBasedCompensationGross`	$8.42M	USD	1 Quarter

Comprehensive Income 6 line items

Line Item	Tag	Value	Unit	Period
NET INCOME	`NetIncomeLoss`	$115.90M	USD	1 Quarter
NET INCOME	`NetIncomeLoss`	$102.94M	USD	1 Quarter
Total adjustments	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-727.00K	USD	1 Quarter
Total adjustments	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$38.00K	USD	1 Quarter
TOTAL COMPREHENSIVE INCOME	`ComprehensiveIncomeNetOfTax`	$115.87M	USD	1 Quarter
TOTAL COMPREHENSIVE INCOME	`ComprehensiveIncomeNetOfTax`	$103.66M	USD	1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.