XML 18 R7.htm IDEA: XBRL DOCUMENT v3.7.0.1
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 9 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Cash flows provided by (used in) operating activities:    
Net income $ 44,647 $ 64,029
Adjustment to reconcile net income to net cash provided by (used in) operating activities:    
(Increase) decrease in fair value of derivative instruments [1] 7,026 (20,071)
Depreciation and amortization 21,677 20,893
Provision (recovery) for losses on accounts receivable 2,261 (140)
Change in deferred taxes 4,451 13,299
Changes in operating assets and liabilities:    
(Increase) decrease in receivables (40,524) 647
Decrease in inventories 3,761 13,402
Decrease in other assets 3,443 968
Decrease in accounts payable (3,468) (2,173)
Decrease in customer credit balances (45,757) (2,026)
Increase in other current and long-term liabilities 25,693 21,357
Net cash provided by operating activities 23,210 110,185
Cash flows provided by (used in) investing activities:    
Capital expenditures (9,348) (7,230)
Proceeds from sales of fixed assets 171 303
Purchase of investments [2] (11,538)  
Acquisitions (14,504) (8,829)
Net cash used in investing activities (35,219) (15,756)
Cash flows used in financing activities:    
Term loan repayment (13,700) (5,000)
Distributions (18,020) (17,097)
Unit repurchases   (707)
Customer retainage payments (575) (680)
Payments of debt issuance costs (60) (297)
Net cash used in financing activities (32,355) (23,781)
Net (decrease) increase in cash, cash equivalents, and restricted cash (44,364) 70,648
Cash, cash equivalents, and restricted cash at beginning of period 139,188 100,508
Cash, cash equivalents, and restricted cash at end of period $ 94,824 $ 171,156
[1] Represents the change in value of unrealized open positions and expired options.
[2] See Note 2 - Investments