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Acquisition and Disposition of Businesses | 12 Months Ended
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Sep. 28, 2019
Business Combination Disposition [Abstract] |
Acquisition and Disposition of Businesses | 4.Acquisition and Disposition of Businesses The acquisitions listed below were consummated pursuant to the Partnership’s strategic growth initiatives. The preliminary purchase price allocations and results of operations of the acquired businesses were not material to the Partnership’s consolidated financial position and statement of operations. On June 26, 2019, the Operating Partnership acquired the propane assets and operations of a propane retailer headquartered in Texas for $8,000, including $650 for non-compete consideration, plus working capital acquired. Of the total consideration, $5,509 was paid in cash and $1,600 in Common Units were issued to the seller at closing, and the remainder of the purchase price will be funded in accordance with the terms of the asset purchase and non-compete agreements. On June 12, 2019, the Operating Partnership acquired the propane assets and operations of a propane retailer headquartered in Florida for $2,850, including $450 for non-compete consideration, plus working capital acquired. As of September 28, 2019, $2,426 was paid and the remainder of the purchase price will be funded in accordance with the terms of the asset purchase and non-compete agreements. On February 6, 2019, the Operating Partnership acquired the propane assets and operations of a propane retailer operating in strategic markets on the west coast for $12,000, including $800 for non-compete consideration, plus working capital acquired. As of September 28, 2019, $11,365 was paid and the remainder of the purchase price will be funded in accordance with the terms of the asset purchase and non-compete agreements. On April 5, 2018, the Operating Partnership acquired the propane assets and operations of two affiliated propane retailers headquartered in Florida for $11,900, including $1,750 for non-compete consideration, plus working capital acquired. As of September 29, 2018, $10,622 was paid and the remainder of the purchase price will be funded in accordance with the terms of the asset purchase and non-compete agreements. On December 8, 2017, the Operating Partnership sold certain assets and operations in a non-strategic market of its propane segment for $2,800, plus working capital consideration, resulting in a loss of $4,823 that was recognized during the first quarter of fiscal 2018, principally for the allocated goodwill and other identifiable intangible assets associated with this business. The corresponding net assets and results of operations were not material to the Partnership’s consolidated results of operations, financial position and cash flows. On November 7, 2017, the Operating Partnership acquired the propane assets and operations of a propane retailer headquartered in California for $4,871, including $750 for non-compete consideration, plus working capital acquired. As of September 29, 2018, $4,251 was paid and the remainder of the purchase price will be funded in accordance with the terms of the asset purchase and non-compete agreements.

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