XML 15 R4.htm IDEA: XBRL DOCUMENT v3.7.0.1
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 6 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Mar. 31, 2017
Mar. 31, 2016
Sales:        
Product $ 475,485 $ 404,340 $ 791,776 $ 657,290
Installations and services 56,567 57,685 124,394 123,790
Total sales 532,052 462,025 916,170 781,080
Cost and expenses:        
Cost of product 288,941 219,864 488,534 369,966
Cost of installations and services 58,426 58,858 124,913 121,770
(Increase) decrease in fair value of derivative instruments 12,442 (14,324) 3,891 (8,788)
Delivery and branch expenses 92,214 90,509 173,347 154,703
Depreciation and amortization expenses 6,726 6,725 13,287 13,491
General and administrative expenses 5,556 5,088 11,909 11,508
Finance charge income (1,285) (1,014) (1,980) (1,535)
Operating income 69,032 96,319 102,269 119,965
Interest expense, net (1,712) (1,891) (3,499) (3,750)
Amortization of debt issuance costs (324) (315) (636) (627)
Income before income taxes 66,996 94,113 98,134 115,588
Income tax expense 27,292 38,904 40,155 48,321
Net income 39,704 55,209 57,979 67,267
General Partner's interest in net income 233 313 338 381
Limited Partners' interest in net income $ 39,471 $ 54,896 $ 57,641 $ 66,886
Basic and diluted income per Limited Partner Unit [1] $ 0.59 $ 0.79 $ 0.87 $ 0.98
Weighted average number of Limited Partner units outstanding:        
Basic and Diluted 55,888 57,242 55,888 57,262
[1] See Note 13 Earnings Per Limited Partner Unit.