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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Cash flows provided by (used in) operating activities:    
Net income $ 118,795 $ 81,353
Adjustment to reconcile net income to net cash provided by (used in) operating activities:    
(Increase) decrease in fair value of derivative instruments [1] (11,359) 7,278
Depreciation and amortization 17,345 16,633
Provision for losses on accounts receivable 3,169 3,672
Change in deferred taxes 11,404 (2,756)
Change in weather hedge contracts 3,108 (7,498)
Changes in operating assets and liabilities:    
Increase in receivables (124,722) (87,709)
Increase in inventories (22,150) (5,473)
(Increase) decrease in other assets (8,826) 9,708
Increase in accounts payable 14,539 2,852
Decrease in customer credit balances (61,400) (61,615)
Increase in other current and long-term liabilities 44,138 38,376
Net cash used in operating activities (15,959) (5,179)
Cash flows provided by (used in) investing activities:    
Capital expenditures (6,526) (6,022)
Proceeds from sales of fixed assets 391 328
Proceeds from sale of certain assets 282 0
Purchase of investments (999) (946)
Acquisitions (79,555) (22,577)
Net cash used in investing activities (86,407) (29,217)
Cash flows provided by (used in) financing activities:    
Revolving credit facility borrowings 75,359 79,596
Revolving credit facility repayments (53,016) (50,597)
Term loan repayments (5,250) (12,250)
Distributions (12,664) (12,234)
Unit repurchases (212) (2,528)
Customer retainage payments (443) (719)
Payments of debt issue costs (241) 0
Net cash provided by financing activities 3,533 1,268
Net decrease in cash, cash equivalents, and restricted cash (98,833) (33,128)
Cash, cash equivalents, and restricted cash at beginning of period 117,585 45,441
Cash, cash equivalents, and restricted cash at end of period $ 18,752 $ 12,313
[1] Represents the change in value of unrealized open positions and expired options.