Alliance Resource Partners LP reported unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2011. For the quarter, the company's total revenues were $474,609,000 compared to $418,613,000 a year ago. Income from operations was $89,859,000 compared to $94,626,000 a year ago. Income before income taxes was $91,492,000 compared to $87,522,000 a year ago. Net income was $91,702,000 compared to $87,367,000 a year ago. General partners' interest in net income was $19,562,000 compared to $19,757,000 a year ago. Limited partners' interest in net income was $72,140,000 or $1.93 per basic and diluted share compared to $67,610,000 or $1.82 per basic and diluted share a year ago. Cash flows provided by operating activities was $141,647,000 compared to $126,345,000 a year ago. EBITDA was $129,196,000 compared to $132,184,000 a year ago. For the year, the company's total revenues were $1,843,560,000 compared to $1,610,065,000 a year ago. Income from operations was $412,922,000 compared to $351,769,000 a year ago. Income before income taxes was $388,922,000 compared to $322,758,000 a year ago. Net income was $389,353,000 compared to $321,017,000 a year ago. General partners' interest in net income was $86,251,000 compared to $73,172,000 a year ago. Limited partners' interest in net income was $303,102,000 or $8.13 per basic and diluted share compared to $247,845,000 or $6.68 per basic and diluted share a year ago. Cash flows provided by operating activities was $573,983,000 compared to $520,588,000 a year ago. EBITDA was $570,836,000 compared to $499,501,000 a year ago. Capital expenditures were $321,920,000 compared to $289,874,000 a year ago. Financial results for the 2011 period compared to the 2010 period were also impacted by higher depreciation, depletion and amortization, which increased $13.5 million to $160.3 million, primarily as a result of additional depreciation expense associated with capital investments at River View and Dotiki mines. Record revenues in the 2011 Period were driven primarily by record coal sales volumes and price realizations due to the company's strong coal sales contract position. The company also announced that the board of directors of its managing general partner increased the cash distribution to unit holders for the fifteenth consecutive quarter. The distribution for the 2011 quarter rose to $0.99 per unit (an annualized rate of $3.96 per unit), payable on February 14, 2012 to all unit holders of record as of the close of trading on February 7, 2012. The announced distribution represents a 15.1% increase over the cash distribution of $0.86 for the 2010 quarter and a 3.7% increase over the cash distribution of $0.955 for the 2011 third quarter. Based on current operating plans, the company expects quarterly unit holder distributions in 2012 to grow at a pace similar to 2011. The company also provides earnings guidance for the year 2012. Capital Expenditures - Total 2012 capital expenditures for the company's operating activities are currently estimated in a range of $400.0 to $425.0 million, including maintenance capital expenditures. As a result of the company's capital investment projects and reflecting commencement of longwall production at Tunnel Ridge, depreciation, depletion and amortization expense for 2012 is expected to increase to a range of $200.0 to $210.0 million, compared to $160.3 million in 2011. For 2012, the company's operating activities are currently expected to generate EBITDA in a range of $590.0 to $680.0 million and net income in a range of $360.0 to $440.0 million.