Debt Debt (Tables)

3 Months Ended

9 Months Ended

Apr. 30, 2017

Apr. 30, 2017

Debt Instrument [Line Items]

Schedule of Long-Term Debt

Long-term debt consists of the following:

	April 30, 2017			July 31, 2016
Senior notes
Fixed rate, 6.50%, due 2021	$	500,000		$	500,000
Fixed rate, 6.75%, due 2023	500,000			500,000
Fixed rate, 6.75%, due 2022, net of unamortized premium of $3,371 and $4,008 at April 30, 2017 and July 31, 2016, respectively	478,371			479,008
Fixed rate, 8.625%, due 2020, net of unamortized discount of $6,495 and $0 at April 30, 2017 and July 31, 2016, respectively (1)	350,505			182,000
Fair value adjustments related to interest rate swaps	269			5,830
Secured credit facility
Variable interest rate, expiring October 2018 (net of $38.4 million and $101.3 million classified as short-term borrowings at April 30, 2017 and July 31, 2016, respectively)	175,211			293,109
Notes payable
11.5% and 11.8% weighted average interest rate at April 30, 2017 and July 31, 2016, respectively, due 2017 to 2022, net of unamortized discount of $1,284 and $1,566 at April 30, 2017 and July 31, 2016, respectively	6,623			8,484
Total debt, excluding unamortized debt issuance costs	2,010,979			1,968,431
Unamortized debt issuance costs	(24,183		)	(23,175		)
Less: current portion, included in other current liabilities on the condensed consolidated balance sheets	2,578			3,921
Long-term debt	$	1,984,218		$	1,941,335

Contractual Obligation, Fiscal Year Maturity Schedule [Table Text Block]

As of April 30, 2017, the scheduled annual principal payments on long-term debt are as follows:

For the year ending July 31,	Scheduled annual principal payments
2017	$	820
2018	2,519
2019	177,155
2020	358,180
2021	501,030
Thereafter	975,414
Total	$	2,015,118

Maximum Leverage Ratio Table

he maximum consolidated leverage covenant was modified as follows:

	Maximum leverage ratio	Maximum leverage ratio
Date	(prior to fifth amendment)	(after fifth amendment)
April 30, 2017	5.95	7.75
July 31, 2017	6.05	7.75
October 31, 2017	5.95	7.75
January 31, 2018	5.95	7.75
April 30, 2018	5.50	7.75
July 31, 2018 & thereafter	5.50	5.50

he maximum consolidated leverage covenant was modified as follows:

	Maximum leverage ratio	Maximum leverage ratio
Date	(prior to sixth amendment)	(after sixth amendment)
April 30, 2017	5.95	7.75
July 31, 2017	6.05	7.75
October 31, 2017	5.95	7.75
January 31, 2018	5.95	7.75
April 30, 2018	5.50	7.75
July 31, 2018 & thereafter	5.50	5.50

Ferrellgas, L.P. [Member]

Debt Instrument [Line Items]

Schedule of Long-Term Debt

Long term debt consists of the following:

	April 30, 2017			July 31, 2016
Senior notes
Fixed rate, 6.50%, due 2021	$	500,000		$	500,000
Fixed rate, 6.75%, due 2023	500,000			500,000
Fixed rate, 6.75%, due 2022, net of unamortized premium of $3,371 and $4,008 at April 30, 2017 and July 31, 2016, respectively	478,371			479,008
Fair value adjustments related to interest rate swaps	269			5,830
Secured credit facility
Variable interest rate, expiring October 2018 (net of $38.4 million and $101.3 million classified as short-term borrowings at April 30, 2017 and July 31, 2016, respectively)	175,211			293,109
Notes payable
11.5% and 11.8% weighted average interest rate at April 30, 2017 and July 31, 2016, respectively, due 2017 to 2022, net of unamortized discount of $1,284 and $1,566 at April 30, 2017 and July 31, 2016, respectively	6,623			8,484
Total debt, excluding unamortized debt issuance costs	1,660,474			1,786,431
Unamortized debt issuance costs	(19,294		)	(21,629		)
Less: current portion, included in other current liabilities on the consolidated balance sheets	2,578			3,921
Long-term debt	$	1,638,602		$	1,760,881

Contractual Obligation, Fiscal Year Maturity Schedule [Table Text Block]

As of April 30, 2017, the scheduled annual principal payments on long-term debt are as follows:

For the year ending July 31,	Scheduled annual principal payments
2017	$	820
2018	2,519
2019	177,155
2020	1,180
2021	501,030
Thereafter	975,414
Total	$	1,658,118

Maximum Leverage Ratio Table

e maximum consolidated leverage covenant was modified as follows:

	Maximum leverage ratio	Maximum leverage ratio
Date	(prior to fifth amendment)	(after fifth amendment)
April 30, 2017	5.95	7.75
July 31, 2017	6.05	7.75
October 31, 2017	5.95	7.75
January 31, 2018	5.95	7.75
April 30, 2018	5.50	7.75
July 31, 2018 & thereafter	5.50	5.50

he maximum consolidated leverage covenant was modified as follows:

	Maximum leverage ratio	Maximum leverage ratio
Date	(prior to sixth amendment)	(after sixth amendment)
April 30, 2017	5.95	7.75
July 31, 2017	6.05	7.75
October 31, 2017	5.95	7.75
January 31, 2018	5.95	7.75
April 30, 2018	5.50	7.75
July 31, 2018 & thereafter	5.50	5.50