XML 15 R4.htm IDEA: XBRL DOCUMENT v3.20.2
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 9 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Sales:        
Total sales $ 232,155 $ 283,376 $ 1,284,163 $ 1,517,985
Cost and expenses:        
(Increase) decrease in the fair value of derivative instruments [1] (3,279) 1,630 1,974 19,268
Delivery and branch expenses 72,756 82,669 254,945 296,026
Depreciation and amortization expenses 8,447 8,225 26,586 23,828
General and administrative expenses 6,954 5,472 18,882 23,136
Finance charge income (1,217) (1,872) (3,251) (4,166)
Operating income (loss) 498 (29,933) 129,066 81,132
Interest expense, net (2,308) (2,967) (7,743) (8,677)
Amortization of debt issuance costs (241) (253) (729) (756)
Income (loss) before income taxes (2,051) (33,153) 120,594 71,699
Income tax expense (benefit) (2,005) (10,055) 34,477 20,157
Net income (loss) (46) (23,098) 86,117 51,542
General Partner’s interest in net income (loss) (1) (150) 600 319
Limited Partners’ interest in net income (loss) $ (45) $ (22,948) $ 85,517 $ 51,223
Basic and diluted income (loss) per Limited Partner Unit: [2]   $ (0.46) $ 1.55 $ 0.86
Weighted average number of Limited Partner units outstanding:        
Basic and Diluted 45,246 49,943 46,253 51,431
Product        
Sales:        
Total sales $ 165,182 $ 210,657 $ 1,079,145 $ 1,306,764
Installations and services        
Sales:        
Total sales 66,973 72,719 205,018 211,221
Cost of product        
Cost and expenses:        
Cost and expenses 93,264 155,055 666,287 876,920
Cost of installations and services        
Cost and expenses:        
Cost and expenses $ 54,732 $ 62,130 $ 189,674 $ 201,841
[1] Represents the change in value of unrealized open positions and expired options.
[2] See Note 16 - Earnings Per Limited Partner Unit.