XML 13 R4.htm IDEA: XBRL DOCUMENT v3.24.3
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
 12 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2022
Sales:      
Total sales $ 1,766,099 $ 1,952,862 $ 2,006,558
Cost and expenses:      
(Increase) decrease in the fair value of derivative instruments [1] 19,018 1,977 17,286
Delivery and branch expenses 366,381 353,614 353,517
Depreciation and amortization expenses 31,494 32,350 32,598
General and administrative expenses 28,405 25,780 24,882
Finance charge income (4,576) (5,515) (4,506)
Operating income 61,102 62,545 60,453
Interest expense, net (11,560) (15,532) (10,472)
Amortization of debt issuance costs (988) (1,084) (955)
Income before income taxes 48,554 45,929 49,026
Income tax expense 13,331 13,984 13,738
Net income 35,223 31,945 35,288
General Partner’s interest in net income 311 288 281
Limited Partners’ interest in net income $ 34,912 $ 31,657 $ 35,007
Basic and diluted income per Limited Partner Unit: [2] $ 0.90 [3] $ 0.81 [3] $ 0.85
Weighted average number of Limited Partner units outstanding:      
Weighted average number of Limited Partner units outstanding: Basic 35,273 35,694 37,384
Weighted average number of Limited Partner units outstanding: Diluted 35,273 35,694 37,384
Product      
Sales:      
Total sales $ 1,448,792 $ 1,650,741 $ 1,698,281
Installations and services      
Sales:      
Total sales 317,307 302,121 308,277
Cost of product      
Cost and expenses:      
Cost and expenses 980,831 1,204,184 1,239,605
Cost of installations and services      
Cost and expenses:      
Cost and expenses $ 283,444 $ 277,927 $ 282,723
[1] Represents the change in value of unrealized open positions and expired options.
[2] See Note 19 - Earnings Per Limited Partner Units.
[3] The sum of the quarters do not add-up to the total due to the weighting of Limited Partner Units outstanding, rounding or the theoretical effects of FASB ASC 260-10-45-60 to Master Limited Partners earnings per unit.