XML 338 R36.htm IDEA: XBRL DOCUMENT v2.4.1.9
Segments (Tables)
6 Months Ended 12 Months Ended
Sep. 30, 2014
Mar. 31, 2014
Segments    
Schedule of certain information related to the results of operations of each segment

 

 

 

 

Three Months Ended

 

Six Months Ended

 

 

 

September 30,

 

September 30,

 

 

 

2014

 

2013

 

2014

 

2013

 

 

 

(in thousands)

 

Revenues:

 

 

 

 

 

 

 

 

 

Crude oil logistics -

 

 

 

 

 

 

 

 

 

Crude oil sales

 

$

2,108,117

 

$

1,013,061

 

$

4,035,061

 

$

1,941,595

 

Crude oil transportation and other

 

13,082

 

9,794

 

25,196

 

19,729

 

Water solutions -

 

 

 

 

 

 

 

 

 

Water treatment and disposal

 

47,572

 

28,823

 

89,288

 

47,511

 

Water transportation

 

5,147

 

5,367

 

10,745

 

7,192

 

Liquids -

 

 

 

 

 

 

 

 

 

Propane sales

 

240,433

 

191,437

 

462,879

 

315,274

 

Other product sales

 

306,625

 

308,606

 

594,984

 

558,459

 

Other revenues

 

6,814

 

9,250

 

12,530

 

18,114

 

Retail propane -

 

 

 

 

 

 

 

 

 

Propane sales

 

48,552

 

40,651

 

100,578

 

87,342

 

Distillate sales

 

11,530

 

10,562

 

30,225

 

28,431

 

Other revenues

 

8,276

 

8,198

 

15,457

 

15,898

 

Refined products and renewables -

 

 

 

 

 

 

 

 

 

Refined products sales

 

2,489,795

 

 

3,476,018

 

 

Renewables sales

 

117,425

 

 

248,699

 

 

Corporate and other

 

1,333

 

1,485

 

2,794

 

2,959

 

Elimination of intersegment sales

 

(24,175

)

(33,297

)

(75,314

)

(62,610

)

Total revenues

 

$

5,380,526

 

$

1,593,937

 

$

9,029,140

 

$

2,979,894

 

 

 

 

 

 

 

 

 

 

 

Depreciation and Amortization:

 

 

 

 

 

 

 

 

 

Crude oil logistics

 

$

9,240

 

$

3,330

 

$

18,971

 

$

8,014

 

Water solutions

 

17,573

 

11,438

 

34,665

 

18,794

 

Liquids

 

3,384

 

2,672

 

6,585

 

5,376

 

Retail propane

 

7,684

 

6,871

 

15,255

 

14,111

 

Refined products and renewables

 

11,917

 

 

12,761

 

 

Corporate and other

 

301

 

750

 

1,237

 

1,490

 

Total depreciation and amortization

 

$

50,099

 

$

25,061

 

$

89,474

 

$

47,785

 

 

 

 

 

 

 

 

 

 

 

Operating Income (Loss):

 

 

 

 

 

 

 

 

 

Crude oil logistics

 

$

38

 

$

5,884

 

$

1,501

 

$

12,493

 

Water solutions

 

14,792

 

2,913

 

13,885

 

5,956

 

Liquids

 

10,929

 

14,605

 

10,016

 

12,490

 

Retail propane

 

(3,062

)

(4,520

)

(4,648

)

(6,024

)

Refined products and renewables

 

8,822

 

 

7,567

 

 

Corporate and other

 

(23,749

)

(8,937

)

(41,106

)

(22,312

)

Total operating income (loss)

 

$

7,770

 

$

9,945

 

$

(12,785

)

$

2,603

 

 

 

 

 

Year Ended March 31,

 

 

 

2014

 

2013

 

2012

 

 

 

(in thousands)

 

Revenues:

 

 

 

 

 

 

 

Crude oil logistics -

 

 

 

 

 

 

 

Crude oil sales

 

$

4,559,923

 

$

2,322,706

 

$

 

Crude oil transportation and other

 

36,469

 

16,442

 

 

Water solutions -

 

 

 

 

 

 

 

Water treatment and disposal

 

125,788

 

54,334

 

 

Water transportation

 

17,312

 

7,893

 

 

Liquids -

 

 

 

 

 

 

 

Propane sales

 

1,632,948

 

841,448

 

923,022

 

Other product sales

 

1,231,965

 

858,276

 

251,627

 

Other revenues

 

31,062

 

33,954

 

2,462

 

Retail propane -

 

 

 

 

 

 

 

Propane sales

 

388,225

 

288,410

 

175,417

 

Distillate sales

 

127,672

 

106,192

 

6,547

 

Other revenues

 

35,918

 

35,856

 

17,370

 

Refined products

 

1,180,895

 

 

 

Renewables

 

176,781

 

 

 

Corporate and other

 

437,713

 

4,233

 

 

Eliminations of intersegment sales

 

(283,397

)

(151,977

)

(65,972

)

Total revenues

 

$

9,699,274

 

$

4,417,767

 

$

1,310,473

 

 

 

 

Year Ended March 31,

 

 

 

2014

 

2013

 

2012

 

 

 

(in thousands)

 

Depreciation and amortization:

 

 

 

 

 

 

 

Crude oil logistics

 

$

22,111

 

$

9,176

 

$

 

Water solutions

 

55,105

 

20,923

 

 

Liquids

 

11,018

 

11,085

 

3,661

 

Retail propane

 

28,878

 

25,496

 

11,450

 

Refined products

 

109

 

 

 

Renewables

 

516

 

 

 

Corporate and other

 

3,017

 

2,173

 

 

Total depreciation and amortization

 

$

120,754

 

$

68,853

 

$

15,111

 

 

 

 

Year Ended March 31,

 

 

 

2014

 

2013

 

2012

 

 

 

(in thousands)

 

Operating income (loss):

 

 

 

 

 

 

 

Crude oil logistics

 

$

678

 

$

34,236

 

$

 

Water solutions

 

10,317

 

8,576

 

 

Liquids

 

71,888

 

30,336

 

9,735

 

Retail propane

 

61,285

 

46,869

 

9,616

 

Refined products

 

4,080

 

 

 

Renewables

 

2,434

 

 

 

Corporate and other

 

(44,117

)

(32,710

)

(4,321

)

Total operating income

 

$

106,565

 

$

87,307

 

$

15,030

 

Schedule of additions to property, plant and equipment for each segment

 

 

 

 

Three Months Ended

 

Six Months Ended

 

 

 

September 30,

 

September 30,

 

 

 

2014

 

2013

 

2014

 

2013

 

 

 

(in thousands)

 

Additions to property, plant and equipment:

 

 

 

 

 

 

 

 

 

Crude oil logistics

 

$

39,464

 

$

31,336

 

$

81,413

 

$

35,462

 

Water solutions

 

40,610

 

62,473

 

48,072

 

70,182

 

Liquids

 

1,911

 

13,209

 

3,070

 

28,316

 

Retail propane

 

9,567

 

4,546

 

12,411

 

11,492

 

Refined products and renewables

 

512,281

 

 

512,281

 

 

Corporate and other

 

1,809

 

217

 

3,262

 

846

 

Total

 

$

605,642

 

$

111,781

 

$

660,509

 

$

146,298

 

 

 

 

 

 

Year Ended March 31,

 

 

 

2014

 

2013

 

2012

 

 

 

(in thousands)

 

Additions to property, plant and equipment, including acquisitions (accrual basis):

 

 

 

 

 

 

 

Crude oil logistics

 

$

204,642

 

$

89,860

 

$

 

Water solutions

 

100,877

 

137,116

 

 

Liquids

 

52,560

 

15,129

 

50,276

 

Retail propane

 

24,430

 

66,933

 

150,181

 

Refined products

 

719

 

 

 

Renewables

 

519

 

 

 

Corporate and other

 

7,242

 

17,858

 

 

Total

 

$

390,989

 

$

326,896

 

$

200,457

 

Schedule of long-lived assets (consisting of property, plant and equipment, intangible assets, and goodwill) and total assets by segment

 

 

 

 

September 30,

 

March 31,

 

 

 

2014

 

2014

 

 

 

(in thousands)

 

Total assets:

 

 

 

 

 

Crude oil logistics

 

$

2,079,380

 

$

1,723,812

 

Water solutions

 

964,336

 

875,714

 

Liquids

 

756,133

 

577,795

 

Retail propane

 

506,958

 

541,832

 

Refined products and renewables

 

2,183,674

 

303,230

 

Corporate and other

 

61,198

 

144,840

 

Total

 

$

6,551,679

 

$

4,167,223

 

 

 

 

 

 

 

Long-lived assets, net:

 

 

 

 

 

Crude oil logistics

 

$

996,615

 

$

980,978

 

Water solutions

 

910,467

 

848,479

 

Liquids

 

271,567

 

274,846

 

Retail propane

 

436,621

 

438,324

 

Refined products and renewables

 

772,916

 

60,720

 

Corporate and other

 

53,705

 

47,961

 

Total

 

$

3,441,891

 

$

2,651,308

 

 

 

 

 

 

March 31,

 

 

 

 

 

2013

 

 

 

2014

 

(Note 2)

 

 

 

(in thousands)

 

Total assets:

 

 

 

 

 

Crude oil logistics

 

$

1,723,812

 

$

801,351

 

Water solutions

 

875,714

 

466,412

 

Liquids

 

577,795

 

474,141

 

Retail propane

 

541,832

 

513,301

 

Refined products

 

157,581

 

 

Renewables

 

145,649

 

 

Corporate and other

 

144,840

 

36,413

 

Total

 

$

4,167,223

 

$

2,291,618

 

 

 

 

 

 

 

Long-lived assets, net:

 

 

 

 

 

Crude oil logistics

 

$

980,978

 

$

357,230

 

Water solutions

 

848,479

 

453,909

 

Liquids

 

274,846

 

238,192

 

Retail propane

 

438,324

 

441,762

 

Refined products

 

27,017

 

 

Renewables

 

33,703

 

 

Corporate and other

 

47,961

 

31,996

 

Total

 

$

2,651,308

 

$

1,523,089