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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Sales:        
Total sales $ 331,640 $ 300,121 $ 1,525,768 $ 1,685,925
Cost and expenses:        
(Increase) decrease in the fair value of derivative instruments [1] 984 (1,036) 8,262 19,622
Delivery and branch expenses 86,540 83,075 284,989 276,953
Depreciation and amortization expenses 7,243 7,684 23,377 23,147
General and administrative expenses 7,423 6,065 21,331 19,619
Finance charge income (1,652) (1,774) (3,676) (4,857)
Operating income (loss) (12,291) (29,586) 109,661 85,534
Interest expense, net (2,663) (3,365) (9,719) (12,602)
Amortization of debt issuance costs (247) (245) (746) (832)
Income (loss) before income taxes (15,201) (33,196) 99,196 72,100
Income tax expense (benefit) (4,157) (9,290) 28,887 20,426
Net income (loss) (11,044) (23,906) 70,309 51,674
General Partner's interest in net income (loss) (101) (216) 637 468
Limited Partners' interest in net income (loss) $ (10,943) $ (23,690) $ 69,672 $ 51,206
Basic and diluted income (loss) per Limited Partner Unit: [2] $ (0.31) $ (0.67) $ 1.66 $ 1.23
Weighted average number of Limited Partner units outstanding:        
Weighted average number of Limited Partner units outstanding, Basic 35,274 35,603 35,470 35,725
Weighted average number of Limited Partner units outstanding, Diluted 35,274 35,603 35,470 35,725
Product        
Sales:        
Total sales $ 249,001 $ 223,565 $ 1,292,849 $ 1,462,706
Installations and services        
Sales:        
Total sales 82,639 76,556 232,919 223,219
Cost of product        
Cost and expenses:        
Cost and expenses 174,285 169,097 867,017 1,054,457
Cost of installations and services        
Cost and expenses:        
Cost and expenses $ 69,108 $ 66,596 $ 214,807 $ 211,450
[1] Represents the change in value of unrealized open positions and expired options.
[2] See Note 15 - Earnings Per Limited Partner Unit.