XML 12 R2.htm IDEA: XBRL DOCUMENT v3.22.2
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2022
Sep. 30, 2021
Current assets    
Cash and cash equivalents $ 8,964 $ 4,767
Receivables, net of allowance of $8,897 and $4,779, respectively 187,355 99,680
Inventories 82,424 61,183
Fair asset value of derivative instruments 45,868 26,222
Prepaid expenses and other current assets 34,358 30,140
Total current assets 358,969 221,992
Property and equipment, net 104,563 99,123
Operating lease right-of-use assets 89,279 95,839
Goodwill 256,471 253,398
Intangibles, net 88,924 95,474
Restricted cash 250 250
Captive insurance collateral 66,893 69,933
Deferred charges and other assets, net 18,092 17,854
Total assets 983,441 853,863
Current liabilities    
Accounts payable 43,401 37,291
Revolving credit facility borrowings 60,395 8,618
Current maturities of long-term debt 11,500 17,621
Current portion of operating lease liabilities 16,164 16,446
Accrued expenses and other current liabilities 140,161 121,221
Unearned service contract revenue 60,175 56,972
Customer credit balances 49,254 86,828
Total current liabilities 381,050 344,997
Long-term debt [1],[2],[3] 153,129 92,385
Long-term operating lease liabilities 77,961 84,019
Deferred tax liabilities, net 37,050 29,014
Other long-term liabilities 15,549 25,244
Partners’ capital    
Common unitholders 335,780 295,063
General partner (2,916) (2,821)
Accumulated other comprehensive loss, net of taxes (14,162) (14,038)
Total partners’ capital 318,702 278,204
Total liabilities and partners’ capital $ 983,441 $ 853,863
[1] Carrying amounts are net of unamortized debt issuance costs of $0.4 million as of June 30, 2022 and $0.5 million as of September 30, 2021
[2] On July 6, 2022, the Company refinanced its five-year term loan and the revolving credit facility with the execution of the sixth amended and restated revolving credit facility agreement. (See Note 16—Subsequent Events). As of June 30, 2022, the Company has classified $69.1 million of its revolving credit facility borrowings as long term debt. Proceeds from the new term loan were used to repay the outstanding balance of the existing term loan ($95.9 million) and $69.1 million of the revolving credit facility borrowings.
[3] See Note 16 - Subsequent Events.