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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2020
Cash flows provided by (used in) operating activities:      
Net income $ 35,288 $ 87,737 $ 55,918
Adjustments to reconcile net income to net cash provided by (used in) operating activities:      
(Increase) decrease in the fair value of derivative instruments [1] 17,286 (36,138) 2,755
Depreciation and amortization 33,553 34,457 35,622
Provision (recovery) for losses on accounts receivable 5,411 (248) 3,441
Change in deferred taxes (3,181) 11,361 (3,544)
Other loss, net     5,724
Changes in operating assets and liabilities net of amounts related to acquisitions:      
(Increase) decrease in receivables (43,463) (15,171) 34,366
(Increase) decrease in inventories (21,105) (11,472) 14,588
(Increase) decrease in other assets (7,161) 1,529 11,627
Increase (decrease) in accounts payable 12,036 6,939 (3,199)
Increase in customer credit balances 5,804 3,054 14,775
(Decrease) increase in other current and long-term liabilities (561) (13,171) 3,595
Net cash provided by operating activities 33,907 68,877 175,668
Cash flows provided by (used in) investing activities:      
Capital expenditures (18,701) (15,083) (14,127)
Proceeds from sales of fixed assets 815 424 631
Proceeds from sale of plumbing and propane assets 184 6,093  
Purchase of investments (1,803) (1,052) (10,417)
Acquisitions (13,121) (40,708) (4,228)
Net cash used in investing activities (32,626) (50,326) (28,141)
Cash flows provided by (used in) financing activities:      
Revolving credit facility borrowings 200,177 75,154 90,202
Revolving credit facility repayments (188,519) (66,536) (151,702)
Proceeds from term loan 165,000   130,000
Loan repayments (110,500) (13,000) (99,000)
Distributions (23,192) (23,448) (24,451)
Unit repurchases (30,817) (42,824) (38,431)
Customer retainage payments (1,039) (29) (514)
Payments of debt issuance costs (2,538) (12) (1,619)
Net cash provided by (used in) financing activities 8,572 (70,695) (95,515)
Net increase (decrease) in cash, cash equivalents and restricted cash 9,853 (52,144) 52,012
Cash, cash equivalents and restricted cash at beginning of period 5,017 57,161 5,149
Cash, cash equivalents and restricted cash at end of period $ 14,870 $ 5,017 $ 57,161
[1] Represents the change in value of unrealized open positions and expired options.