Leases (Tables)

9 Months Ended

Apr. 30, 2022

Schedule of Lease Assets and Liabilities

Leases	Classification		April 30, 2022		July 31, 2021
Assets
Operating lease assets	Operating lease right-of-use assets	$	77,695	$	87,611
Financing lease assets	Other assets, net		32,661		34,858
Total leased assets		$	110,356	$	122,469
Liabilities
Current
Operating	Current operating lease liabilities	$	26,041	$	25,363
Financing	Other current liabilities		6,369		7,479
Noncurrent
Operating	Operating lease liabilities		51,650		74,349
Financing	Other liabilities		26,806		28,029
Total leased liabilities		$	110,866	$	135,220

Schedule of Lease Costs

		For the three months ended April 30,				For the nine months ended April 30,
Leases expense	Classification	2022		2021		2022		2021
Operating lease expense	Operating expense - personnel, vehicle, plant and other	$	1,667	$	1,846	$	5,105	$	5,126
	Operating expense - equipment lease expense		4,917		6,373		15,377		19,328
	Cost of sales - propane and other gas liquids sales		471		461		1,263		1,479
	General and administrative expense		608		(169)		1,680		307
Total operating lease expense			7,663		8,511		23,425		26,240
Short-term expense	Operating expense - personnel, vehicle, plant and other		3,121		2,003		6,602		5,908
	General and administrative expense		18		111		182		475
Total short-term expense			3,139		2,114		6,784		6,383
Variable lease expense	Operating expense - personnel, vehicle, plant and other		779		784		2,319		2,328
	Operating expense - equipment lease expense		565		397		1,529		1,134
Total variable lease expense			1,344		1,181		3,848		3,462
Finance lease expense:
Amortization of leased assets	Depreciation and amortization expense		1,900		2,229		4,684		6,583
Interest on lease liabilities	Interest expense		1,283		933		2,893		2,841
Total finance lease expense			3,183		3,162		7,577		9,424
Total lease expense		$	15,329	$	14,968	$	41,634	$	45,509

Schedule of Minimum Annual Payments Under Existing Operating Leases

Maturities of lease liabilities		Operating leases		Finance leases		Total
2022	$	7,549	$	2,323	$	9,872
2023		28,100		8,730		36,830
2024		21,918		8,440		30,358
2025		15,188		8,321		23,509
2026		5,836		7,472		13,308
Thereafter		17,740		5,233		22,973
Total lease payments	$	96,331	$	40,519	$	136,850
Less: Imputed interest		18,640		7,344		25,984
Present value of lease liabilities	$	77,691	$	33,175	$	110,866

Schedule of Operating and Finance Lease Assumptions

	As of April 30, 2022
Lease type	Weighted-average remaining lease term (years)	Weighted-average discount rate
Operating leases	4.9	7.6%
Finance leases	4.5	8.3%

Schedule of Cash Flow Information

	For the nine months ended April 30,
	2022		2021
Cash paid for amounts included in the measurement of lease liabilities for operating leases:
Operating cash flows	$	13,613	$	26,454
Cash paid for amounts included in the measurement of lease liabilities for financing leases:
Operating cash flows	$	2,215	$	2,571
Financing cash flows	$	4,889	$	5,282

Ferrellgas, L.P. [Member]

Schedule of Lease Assets and Liabilities

Leases	Classification		April 30, 2022		July 31, 2021
Assets
Operating lease assets	Operating lease right-of-use assets	$	77,695	$	87,611
Financing lease assets	Other assets, net		32,661		34,858
Total leased assets		$	110,356	$	122,469
Liabilities
Current
Operating	Current operating lease liabilities	$	26,041	$	25,363
Financing	Other current liabilities		6,369		7,479
Noncurrent
Operating	Operating lease liabilities		51,650		74,349
Financing	Other liabilities		26,806		28,029
Total leased liabilities		$	110,866	$	135,220

Schedule of Lease Costs

		For the three months ended April 30,				For the nine months ended April 30,
Leases expense	Classification	2022		2021		2022		2021
Operating lease expense	Operating expense - personnel, vehicle, plant and other	$	1,667	$	1,846	$	5,105	$	5,126
	Operating expense - equipment lease expense		4,917		6,373		15,377		19,328
	Cost of sales - propane and other gas liquids sales		471		461		1,263		1,479
	General and administrative expense		608		(169)		1,680		307
Total operating lease expense			7,663		8,511		23,425		26,240
Short-term expense	Operating expense - personnel, vehicle, plant and other		3,121		2,003		6,602		5,908
	General and administrative expense		18		111		182		475
Total short-term expense			3,139		2,114		6,784		6,383
Variable lease expense	Operating expense - personnel, vehicle, plant and other		779		784		2,319		2,328
	Operating expense - equipment lease expense		565		397		1,529		1,134
Total variable lease expense			1,344		1,181		3,848		3,462
Finance lease expense:
Amortization of leased assets	Depreciation and amortization expense		1,900		2,229		4,684		6,583
Interest on lease liabilities	Interest expense		1,283		933		2,893		2,841
Total finance lease expense			3,183		3,162		7,577		9,424
Total lease expense		$	15,329	$	14,968	$	41,634	$	45,509

Schedule of Minimum Annual Payments Under Existing Operating Leases

Maturities of lease liabilities		Operating leases		Finance leases		Total
2022	$	7,549	$	2,323	$	9,872
2023		28,100		8,730		36,830
2024		21,918		8,440		30,358
2025		15,188		8,321		23,509
2026		5,836		7,472		13,308
Thereafter		17,740		5,233		22,973
Total lease payments	$	96,331	$	40,519	$	136,850
Less: Imputed interest		18,640		7,344		25,984
Present value of lease liabilities	$	77,691	$	33,175	$	110,866

Schedule of Minimum Annual Payments Under Existing Finance Leases

Minimum annual payments under existing operating and finance lease liabilities as of April 30, 2022 are as follows:

Maturities of lease liabilities		Operating leases		Finance leases		Total
2022	$	7,549	$	2,323	$	9,872
2023		28,100		8,730		36,830
2024		21,918		8,440		30,358
2025		15,188		8,321		23,509
2026		5,836		7,472		13,308
Thereafter		17,740		5,233		22,973
Total lease payments	$	96,331	$	40,519	$	136,850
Less: Imputed interest		18,640		7,344		25,984
Present value of lease liabilities	$	77,691	$	33,175	$	110,866

Schedule of Operating and Finance Lease Assumptions

	As of April 30, 2022
Lease type	Weighted-average remaining lease term (years)	Weighted-average discount rate
Operating leases	4.9	7.6%
Finance leases	4.5	8.3%

Schedule of Cash Flow Information

	For the nine months ended April 30,
	2022		2021
Cash paid for amounts included in the measurement of lease liabilities for operating leases:
Operating cash flows	$	13,613	$	26,454
Cash paid for amounts included in the measurement of lease liabilities for financing leases:
Operating cash flows	$	2,215	$	2,571
Financing cash flows	$	4,889	$	5,282