XML 72 R44.htm IDEA: XBRL DOCUMENT v2.4.0.8
Segment Reporting Segment Reporting (Tables)
12 Months Ended
Jul. 31, 2014
Statement [Line Items]  
Reconciliation of Other Significant Reconciling Items from Segments to Consolidated
Following is a reconciliation of our total segment performance measure to consolidated net earnings:


Year Ended July 31,


2014



 
Net earnings attributable to Ferrellgas Partners, L.P.

$
33,211

Income tax expense


2,516

Interest expense


86,502

Depreciation and amortization expense


84,202

EBITDA


206,431

Loss on extinguishment of debt


21,202

Non-cash employee stock ownership plan compensation charge


21,789

Non-cash stock and unit-based compensation charge


24,508

Loss on disposal of assets


6,486

Other expense (income), net


479

Change in fair value of contingent consideration


5,000

Litigation accrual and related legal fees associated with a class action lawsuit


1,749

Net earnings attributable to noncontrolling interest


504

Adjusted EBITDA

$
288,148

Reconciliation of Assets from Segment to Consolidated
Following are total assets by segment:


July 31,
2014



 
Assets



Propane and related equipment sales

$
1,400,603

Midstream operations


136,116

Corporate and unallocated


35,551

Total consolidated assets

$
1,572,270

Profit Measure [Member]
 
Statement [Line Items]  
Schedule of Segment Reporting Information, by Segment
Following is a summary of segment information for the year ended July 31, 2014.
 
 
 
Year Ended July 31, 2014
 
 
 
Propane and related equipment sales
 
Midstream operations
 
Corporate and other
 
Total
 
 
 
 
 

 
Segment revenues
 
$
2,398,425

 
$
7,435

 
$

 
$
2,405,860

 
Direct costs (1)
 
 
2,067,133

 
 
3,997

 
 
46,582

 
 
2,117,712

 
Adjusted EBITDA
 
$
331,292

 
$
3,438

 
$
(46,582
)
 
$
288,148

 
 
 
 
 
 
 
 
 
 
 
 
 
 
(1) Direct costs are comprised of "cost of products sold-propane and other gas liquids sales", "cost of products sold-other", "operating expense", "general and administrative expense", and "equipment lease expense" less "non-cash stock and unit-based compensation charge", "change in fair value of contingent consideration", "litigation accrual and related legal fees associated with a class action lawsuit" and "severance costs".
Capital Expenditures [Member]
 
Statement [Line Items]  
Schedule of Segment Reporting Information, by Segment
Following are capital expenditures by segment:
 


Year Ended July 31, 2014
 


Propane and related equipment sales

Midstream operations

Corporate and other

Total
 
 
 



 
Maintenance

$
14,682


$
181


$
3,275


$
18,138

 
Growth


30,501



1,715



627



32,843

 
Total

$
45,183


$
1,896


$
3,902


$
50,981

 













Ferrellgas, L.P. [Member]
 
Statement [Line Items]  
Reconciliation of Other Significant Reconciling Items from Segments to Consolidated
Following is a reconciliation of our total segment performance measure to consolidated net earnings:


Year Ended July 31,


2014



 
Net earnings

$
49,907

Income tax expense


2,471

Interest expense


70,332

Depreciation and amortization expense


84,202

EBITDA


206,912

Loss on extinguishment of debt


21,202

Non-cash employee stock ownership plan compensation charge


21,789

Non-cash stock and unit-based compensation charge


24,508

Loss on disposal of assets


6,486

Other expense (income), net


479

Change in fair value of contingent consideration


5,000

Litigation accrual and related legal fees associated with a class action lawsuit


1,749

Adjusted EBITDA

$
288,125

Reconciliation of Assets from Segment to Consolidated
Following are total assets by segment:


July 31,
2014



 
Assets



Propane and related equipment sales

$
1,400,603

Midstream operations


136,116

Corporate and unallocated


33,114

Total consolidated assets

$
1,569,833

Ferrellgas, L.P. [Member] | Profit Measure [Member]
 
Statement [Line Items]  
Schedule of Segment Reporting Information, by Segment
Following is a summary of segment information for the year ended July 31, 2014.
 


Year Ended July 31, 2014
 


Propane and related equipment sales

Midstream operations

Corporate and other

Total
 
 
 



 
Segment revenues

$
2,398,425


$
7,435


$


$
2,405,860

 
Direct costs (1)


2,067,156



3,997



46,582



2,117,735

 
Adjusted EBITDA

$
331,269


$
3,438


$
(46,582
)

$
288,125

 













(1) Direct costs are comprised of "cost of products sold-propane and other gas liquids sales", "cost of products sold-other", "operating expense", "general and administrative expense", and "equipment lease expense" less "non-cash stock and unit-based compensation charge", "change in fair value of contingent consideration", "litigation accrual and related legal fees associated with a class action lawsuit" and "severance costs".
Ferrellgas, L.P. [Member] | Capital Expenditures [Member]
 
Statement [Line Items]  
Schedule of Segment Reporting Information, by Segment
Following are capital expenditures by segment:
 


Year Ended July 31, 2014
 


Propane and related equipment sales

Midstream operations

Corporate and other

Total
 
 
 



 
Maintenance

$
14,682


$
181


$
3,275


$
18,138

 
Growth


30,501



1,715



627



32,843

 
Total

$
45,183


$
1,896


$
3,902


$
50,981