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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2019
Sep. 30, 2018
Current assets    
Cash and cash equivalents $ 4,899 $ 14,531
Receivables, net of allowance of $8,378 and $8,002, respectively 120,245 132,668
Inventories 64,788 56,377
Fair asset value of derivative instruments   17,710
Prepaid expenses and other current assets 36,898 35,451
Total current assets 226,830 256,737
Property and equipment, net 98,239 87,618
Goodwill 244,574 228,436
Intangibles, net 107,688 98,444
Restricted cash 250 250
Captive insurance collateral [1] 58,490 45,419
Deferred charges and other assets, net 16,635 13,067
Total assets 752,706 729,971
Current liabilities    
Accounts payable 33,973 35,796
Revolving credit facility borrowings 24,000 1,500
Fair liability value of derivative instruments 8,262  
Current maturities of long-term debt 9,000 7,500
Accrued expenses and other current liabilities 120,839 116,436
Unearned service contract revenue 61,213 60,700
Customer credit balances 68,270 61,256
Total current liabilities 325,557 283,188
Long-term debt [2],[3] 120,447 91,780
Deferred tax liabilities, net 20,116 21,206
Other long-term liabilities 25,746 24,012
Partners’ capital    
Common unitholders 279,709 329,129
General partner (1,968) (1,303)
Accumulated other comprehensive loss, net of taxes (16,901) (18,041)
Total partners’ capital 260,840 309,785
Total liabilities and partners’ capital $ 752,706 $ 729,971
[1] See Note 2 – Summary of Significant Accounting Policies - Captive Insurance Collateral.
[2] On December 4, 2019, the Company refinanced its five-year term loan and the revolving credit facility with the execution of the fifth amended and restated revolving credit facility agreement. (See Note 21—Subsequent Events). As of September 30, 2019, the Company has classified $37.5 million of its revolving credit facility borrowings as long term debt and repaid it on December 4, 2019 using proceeds provided by the fifth amended and restated revolving credit facility agreement
[3] See Note 21 – Subsequent Events.