Pro Forma Combined. Operating revenues and other income: Operating expenses: Income from operations 986,906 413,072 23,788 1,533 (120,268) 1,305,031 Income before income taxes 914,202 400,723 — (107,632) (120,268) 1,087,025 Net income $ 817,880 $ 398,995 $ — $ (148,540) $ (120,268) $ 948,068
Pro Forma Combined. Assuming Novus
Pro Forma Combined. Total revenue........... $70,578 ------- Operating expense: Hardware and other items purchased for resale.............. 13,984 Selling, general and administrative...... 41,928 Research and development......... 4,188 Depreciation and amortization........ 6,280 Restructuring and other charges....... 2,469 Merger costs.......... 659 Compensatory stock awards.............. 478 ------- Total operating expense..
Pro Forma Combined. Historic Historic 2(a) XPO Logistics, Inc. Unaudited Pro Forma Condensed Combined Statement of Operations For the Three Months Ended March 31, 2015 (In millions, except per share data) Historic Historic 4(a)
Pro Forma Combined. Accounts means the pro forma accounts of the Group Companies and the Premium Juice Business as per 28 December 2019 as specified in the "FY19" columns in the attached Schedule 19 (Locked Box Accounts and Pro Forma Combined Accounts) hereto;
Pro Forma Combined. Earnings Per Unit/Share: Basic $ 0.63 $ 1.09 Diluted 0.63 1.08
Pro Forma Combined. (Assuming As of and for the six months ended June 30, 2020 (Assuming No Redemption) Maximum Redemption)
Pro Forma Combined. (Assuming As of and for the year ended December 31, 2019 (Assuming No Redemption) Maximum Redemption)
Pro Forma Combined. ASSETS LIABILITIES AND STOCKHOLDERS’ EQUITY Sundance Historical
Pro Forma Combined. (Thousands of Dollars, Except Unit and Per Unit Data) Net income attributable to NuStar Energy $ 147,964 $ (3,885) $ 144,079 Less: Distributions to general partner (including incentive distribution rights) 54,921 (54,921) — Less: Distributions to common limited partners 407,681 58,687 466,368 Less: Distributions for preferred limited partners 40,448 — 40,448 Less: Distribution equivalent rights to restricted units 2,965 228 3,193 Distributions in excess of earnings $ (358,051) $ (7,879) $ (365,930) Net income attributable to general partner: Distributions to general partner $ 54,921 $ (54,921) $ — Allocation of distributions in excess of earnings (7,161) 7,161 — Total $ 47,760 $ (47,760) $ — Net income attributable to common units: Distributions to common limited partners $ 407,681 $ 58,687 $ 466,368 Allocation of distributions in excess of earnings (350,890) (15,040) (365,930) Total $ 56,791 $ 43,647 $ 100,438 Basic and diluted weighted-average common units outstanding 88,825,964 13,408,836 102,234,800 Basic and diluted net income per common unit (1) $ 0.64 $ 0.34 $ 0.98 Table of Contents NUSTAR ENERGY L.P. AND SUBSIDIARIES NOTES TO UNAUDITED PRO FORMA CONDENSED COMBINED
