XML 35 R27.htm IDEA: XBRL DOCUMENT v3.25.1
Revenue Recognition (Tables)
6 Months Ended
Mar. 31, 2025
Revenue from Contract with Customer [Abstract]  
Summary of Disaggregation of Revenue by Major Sources

The following disaggregates our revenue by major sources for the three and six months ended March 31, 2025 and March 31, 2024:

 

 

Three Months
Ended March 31,

 

 

Six Months
Ended March 31,

 

(in thousands)

 

2025

 

2024

 

 

2025

 

2024

 

Petroleum Products:

 

 

 

 

 

 

 

 

 

 

Home heating oil and propane

 

$

587,878

 

$

508,155

 

 

$

910,718

 

$

859,369

 

Other petroleum products

 

 

77,227

 

 

87,143

 

 

 

153,846

 

 

184,479

 

   Total petroleum products

 

 

665,105

 

 

595,298

 

 

 

1,064,564

 

 

1,043,848

 

Installations and Services:

 

 

 

 

 

 

 

 

 

 

Equipment installations

 

 

28,882

 

 

26,224

 

 

 

66,765

 

 

60,539

 

Equipment maintenance service contracts

 

 

31,020

 

 

29,386

 

 

 

61,975

 

 

58,302

 

Billable call services

 

 

18,038

 

 

15,124

 

 

 

37,804

 

 

31,439

 

   Total installations and services

 

 

77,940

 

 

70,734

 

 

 

166,544

 

 

150,280

 

   Total Sales

 

$

743,045

 

$

666,032

 

 

$

1,231,108

 

$

1,194,128

 

Summary of Changes in Allowance for Credit Losses

Changes in the allowance for credit losses are as follows:

 

(in thousands)

Credit Loss Allowance

 

Balance at September 30, 2024

$

6,434

 

Current period provision

 

3,169

 

Write-offs, net and other

 

(2,454

)

Balance as of March 31, 2025

$

7,149