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Selected Quarterly Financial Data (Tables)
12 Months Ended
Sep. 30, 2024
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)

 

2023

 

 

2024

 

 

2024

 

 

2024

 

 

Total

 

Sales

 

$

528,096

 

 

$

666,032

 

 

$

331,640

 

 

$

240,331

 

 

$

1,766,099

 

Gross profit for product, installations and services

 

 

149,651

 

 

 

206,046

 

 

 

88,247

 

 

 

57,880

 

 

 

501,824

 

Operating income (loss)

 

 

21,621

 

 

 

100,331

 

 

 

(12,291

)

 

 

(48,559

)

 

 

61,102

 

Income (loss) before income taxes

 

 

18,153

 

 

 

96,244

 

 

 

(15,201

)

 

 

(50,642

)

 

 

48,554

 

Net income (loss)

 

 

12,979

 

 

 

68,374

 

 

 

(11,044

)

 

 

(35,086

)

 

 

35,223

 

Limited Partner interest in net income (loss)

 

 

12,861

 

 

 

67,754

 

 

 

(10,943

)

 

 

(34,760

)

 

 

34,912

 

Net income (loss) per Limited Partner unit:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic and diluted (a)

 

$

0.32

 

 

$

1.56

 

 

$

(0.31

)

 

$

(1.00

)

 

$

0.90

 

 

 

 

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, installations and services

 

 

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

 

 

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.