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Selected Quarterly Financial Data (Tables)
12 Months Ended
Sep. 30, 2022
Quarterly Financial Information Disclosure [Abstract]  
Selected Quarterly Financial Data

 

 

Three Months Ended

 

 

 

 

 

 

Dec. 31,

 

 

Mar. 31,

 

 

Jun. 30,

 

 

Sep. 30,

 

 

 

 

(in thousands - except per unit data)

 

2021

 

 

2022

 

 

2022

 

 

2022

 

 

Total

 

Sales

 

$

488,270

 

 

$

782,543

 

 

$

439,101

 

 

$

296,644

 

 

$

2,006,558

 

Gross profit for product, installation and service

 

 

139,628

 

 

 

220,073

 

 

 

77,305

 

 

 

47,224

 

 

 

484,230

 

Operating income (loss)

 

 

22,624

 

 

 

117,245

 

 

 

(11,496

)

 

 

(67,920

)

 

 

60,453

 

Income (loss) before income taxes

 

 

20,327

 

 

 

114,279

 

 

 

(14,353

)

 

 

(71,227

)

 

 

49,026

 

Net income (loss)

 

 

14,489

 

 

 

81,379

 

 

 

(10,587

)

 

 

(49,993

)

 

 

35,288

 

Limited Partner interest in net income (loss)

 

 

14,367

 

 

 

80,682

 

 

 

(10,494

)

 

 

(49,548

)

 

 

35,007

 

Net income (loss) per Limited Partner unit:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic and diluted (a)

 

$

0.32

 

 

$

1.75

 

 

$

(0.29

)

 

$

(1.36

)

 

$

0.85

 

 

 

 

Three Months Ended

 

 

 

 

 

 

Dec. 31,

 

 

Mar. 31,

 

 

Jun. 30,

 

 

Sep. 30,

 

 

 

 

(in thousands - except per unit data)

 

2020

 

 

2021

 

 

2021

 

 

2021

 

 

Total

 

Sales

 

$

373,320

 

 

$

604,115

 

 

$

283,100

 

 

$

236,551

 

 

$

1,497,086

 

Gross profit for product, installation and service

 

 

131,870

 

 

 

226,202

 

 

 

70,091

 

 

 

49,491

 

 

 

477,654

 

Operating income (loss)

 

 

54,786

 

 

 

119,695

 

 

 

(13,764

)

 

 

(30,517

)

 

 

130,200

 

Income (loss) before income taxes

 

 

52,688

 

 

 

117,316

 

 

 

(15,963

)

 

 

(32,629

)

 

 

121,412

 

Net income (loss)

 

 

37,860

 

 

 

85,164

 

 

 

(12,054

)

 

 

(23,233

)

 

 

87,737

 

Limited Partner interest in net income (loss)

 

 

37,564

 

 

 

84,483

 

 

 

(11,956

)

 

 

(23,043

)

 

 

87,048

 

Net income (loss) per Limited Partner unit:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic and diluted (a)

 

$

0.74

 

 

$

1.71

 

 

$

(0.30

)

 

$

(0.58

)

 

$

1.82

 

 

The sum of the quarters do not add-up to the total due to the weighting of Limited Partner Units outstanding, rounding or the theoretical effects of FASB ASC 260-10-45-60 to Master Limited Partners earnings per unit.