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Selected Quarterly Financial Data
12 Months Ended
Sep. 30, 2023
Quarterly Financial Information Disclosure [Abstract]  
Selected Quarterly Financial Data

20) Selected Quarterly Financial Data (unaudited)

 

 

 

Three Months Ended

 

 

 

 

 

 

Dec. 31,

 

 

Mar. 31,

 

 

Jun. 30,

 

 

Sep. 30,

 

 

 

 

(in thousands - except per unit data)

 

2022

 

 

2023

 

 

2023

 

 

2023

 

 

Total

 

Sales

 

$

648,187

 

 

$

737,617

 

 

$

300,121

 

 

$

266,937

 

 

$

1,952,862

 

Gross profit for product, installation and service

 

 

152,551

 

 

 

203,039

 

 

 

64,428

 

 

 

50,733

 

 

 

470,751

 

Operating income (loss)

 

 

23,605

 

 

 

91,515

 

 

 

(29,586

)

 

 

(22,989

)

 

 

62,545

 

Income (loss) before income taxes

 

 

19,002

 

 

 

86,294

 

 

 

(33,196

)

 

 

(26,171

)

 

 

45,929

 

Net income (loss)

 

 

13,539

 

 

 

62,041

 

 

 

(23,906

)

 

 

(19,729

)

 

 

31,945

 

Limited Partner interest in net income (loss)

 

 

13,417

 

 

 

61,479

 

 

 

(23,690

)

 

 

(19,549

)

 

 

31,657

 

Net income (loss) per Limited Partner unit:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic and diluted (a)

 

$

0.33

 

 

$

1.42

 

 

$

(0.67

)

 

$

(0.55

)

 

$

0.81

 

 

 

 

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

 

 

(a)
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.