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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Mar. 31, 2025
Mar. 31, 2024
Sales:        
Total sales $ 743,045 $ 666,032 $ 1,231,108 $ 1,194,128
Cost and expenses:        
(Increase) decrease in fair value of derivative instruments [1] (6,101) (11,752) (11,359) 7,278
Delivery and branch expenses 124,927 104,085 224,254 198,449
Depreciation and amortization expenses 8,912 7,748 16,815 16,134
General and administrative expenses 8,187 6,887 15,370 13,908
Finance charge income (1,412) (1,253) (2,087) (2,024)
Operating income 125,372 100,331 174,591 121,952
Interest expense, net (4,464) (3,838) (7,475) (7,056)
Amortization of debt issuance costs (230) (249) (530) (499)
Income before income taxes 120,678 96,244 166,586 114,397
Income tax expense 34,767 27,870 47,791 33,044
Net income 85,911 68,374 118,795 81,353
General Partner's interest in net income 802 620 1,109 738
Limited Partners' interest in net income $ 85,109 $ 67,754 $ 117,686 $ 80,615
Basic and diluted income per Limited Partner Unit: [2] $ 2.01 $ 1.56 $ 2.8 $ 1.88
Weighted average number of Limited Partner units outstanding:        
Weighted average number of Limited Partner units outstanding, Basic 34,569 35,549 34,578 35,571
Weighted average number of Limited Partner units outstanding, Diluted 34,569 35,549 34,578 35,571
Product        
Sales:        
Total sales $ 665,105 $ 595,298 $ 1,064,564 $ 1,043,848
Installations and services        
Sales:        
Total sales 77,940 70,734 166,544 150,280
Cost of product        
Cost and expenses:        
Cost and expenses 406,950 389,394 655,649 692,732
Cost of installations and services        
Cost and expenses:        
Cost and expenses $ 76,210 $ 70,592 $ 157,875 $ 145,699
[1] Represents the change in value of unrealized open positions and expired options.
[2] See Note 15 - Earnings Per Limited Partner Unit.