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v3.23.1

Segment Information (Tables) | 6 Months Ended
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Mar. 25, 2023
Segment Reporting [Abstract] |
Disclosure by reportable segment and reconciliation of total operating segment information | The following table presents certain data by reportable segment and provides a reconciliation of total operating segment information to the corresponding condensed consolidated amounts for the periods presented:
|  | Three Months Ended |  |  | Six Months Ended |
|  | March 25, |  |  | March 26, |  |  | March 25, |  |  | March 26, |
|  | 2023 |  |  | 2022 |  |  | 2023 |  |  | 2022 |
Revenues: |  |  |  |  |  |  |  |  |  |  |  |
Propane |  | $ | 457,140 |  |  | $ | 516,821 |  |  | $ | 799,493 |  |  | $ | 847,938 |
Fuel oil and refined fuels |  |  | 38,126 |  |  |  | 43,501 |  |  |  | 68,267 |  |  |  | 64,467 |
Natural gas and electricity |  |  | 11,856 |  |  |  | 14,395 |  |  |  | 20,546 |  |  |  | 23,618 |
All other |  |  | 19,379 |  |  |  | 13,378 |  |  |  | 35,665 |  |  |  | 27,479 |
Total revenues |  | $ | 526,501 |  |  | $ | 588,095 |  |  | $ | 923,971 |  |  | $ | 963,502 |
Operating income (loss): |  |  |  |  |  |  |  |  |  |  |  |
Propane |  | $ | 156,959 |  |  | $ | 221,386 |  |  | $ | 251,367 |  |  | $ | 287,961 |
Fuel oil and refined fuels |  |  | 6,347 |  |  |  | 7,185 |  |  |  | 8,429 |  |  |  | 8,879 |
Natural gas and electricity |  |  | 3,138 |  |  |  | 3,450 |  |  |  | 4,230 |  |  |  | 5,120 |
All other |  |  | (10,087 | ) |  |  | (5,002 | ) |  |  | (15,862 | ) |  |  | (10,792 | )
Corporate |  |  | (30,678 | ) |  |  | (35,058 | ) |  |  | (60,170 | ) |  |  | (61,951 | )
Total operating income |  |  | 125,679 |  |  |  | 191,961 |  |  |  | 187,994 |  |  |  | 229,217 |
Reconciliation to net income: |  |  |  |  |  |  |  |  |  |  |  |
Interest expense, net |  |  | 19,871 |  |  |  | 15,254 |  |  |  | 35,865 |  |  |  | 30,553 |
Other, net |  |  | 1,106 |  |  |  | 1,234 |  |  |  | 2,081 |  |  |  | 2,364 |
Provision for (benefit from) income taxes |  |  | 225 |  |  |  | 371 |  |  |  | 177 |  |  |  | (100 | )
Net income |  | $ | 104,477 |  |  | $ | 175,102 |  |  | $ | 149,871 |  |  | $ | 196,400 |
Depreciation and amortization: |  |  |  |  |  |  |  |  |  |  |  |
Propane |  | $ | 11,331 |  |  | $ | 11,764 |  |  | $ | 23,221 |  |  | $ | 25,498 |
Fuel oil and refined fuels |  |  | 419 |  |  |  | 428 |  |  |  | 828 |  |  |  | 856 |
Natural gas and electricity |  |  | — |  |  |  | 5 |  |  |  | 3 |  |  |  | 10 |
All other |  |  | 2,912 |  |  |  | 45 |  |  |  | 2,955 |  |  |  | 90 |
Corporate |  |  | 1,402 |  |  |  | 1,820 |  |  |  | 2,836 |  |  |  | 3,893 |
Total depreciation and amortization |  | $ | 16,064 |  |  | $ | 14,062 |  |  | $ | 29,843 |  |  | $ | 30,347 |
|  | As of |
|  | March 25, |  |  | September 24, |
|  | 2023 |  |  | 2022 |
Assets: |  |  |  |  |  |
Propane |  | $ | 1,991,478 |  |  | $ | 1,957,257 |
Fuel oil and refined fuels |  |  | 55,245 |  |  |  | 49,683 |
Natural gas and electricity |  |  | 12,782 |  |  |  | 12,504 |
All other |  |  | 243,211 |  |  |  | 47,853 |
Corporate |  |  | 48,389 |  |  |  | 36,429 |
Total assets |  | $ | 2,351,105 |  |  | $ | 2,103,726 |

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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8736-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8813-108599 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI https://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8906-108599 + Details
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