XML 52 R4.htm IDEA: XBRL DOCUMENT v2.4.1.9
Condensed Consolidated Statements of Operations (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Mar. 31, 2015
Mar. 31, 2014
Mar. 31, 2015
Mar. 31, 2014
Sales:        
Product $ 706,004us-gaap_SalesRevenueGoodsNet $ 839,953us-gaap_SalesRevenueGoodsNet $ 1,141,016us-gaap_SalesRevenueGoodsNet $ 1,303,340us-gaap_SalesRevenueGoodsNet
Installations and services 56,305us-gaap_SalesRevenueServicesNet 52,288us-gaap_SalesRevenueServicesNet 120,510us-gaap_SalesRevenueServicesNet 109,511us-gaap_SalesRevenueServicesNet
Total sales 762,309us-gaap_SalesRevenueNet 892,241us-gaap_SalesRevenueNet 1,261,526us-gaap_SalesRevenueNet 1,412,851us-gaap_SalesRevenueNet
Cost and expenses:        
Cost of product 462,815us-gaap_CostOfGoodsSold 639,564us-gaap_CostOfGoodsSold 772,064us-gaap_CostOfGoodsSold 998,141us-gaap_CostOfGoodsSold
Cost of installations and services 60,362us-gaap_CostOfServices 53,032us-gaap_CostOfServices 121,045us-gaap_CostOfServices 106,475us-gaap_CostOfServices
(Increase) decrease in the fair value of derivative instruments (12,631)us-gaap_UnrealizedGainLossOnDerivatives 4,105us-gaap_UnrealizedGainLossOnDerivatives (4,341)us-gaap_UnrealizedGainLossOnDerivatives (1,353)us-gaap_UnrealizedGainLossOnDerivatives
Delivery and branch expenses 106,107us-gaap_OperatingCostsAndExpenses 92,428us-gaap_OperatingCostsAndExpenses 184,941us-gaap_OperatingCostsAndExpenses 160,828us-gaap_OperatingCostsAndExpenses
Depreciation and amortization expenses 6,217us-gaap_DepreciationAndAmortization 4,917us-gaap_DepreciationAndAmortization 12,375us-gaap_DepreciationAndAmortization 9,276us-gaap_DepreciationAndAmortization
General and administrative expenses 6,861us-gaap_GeneralAndAdministrativeExpense 6,449us-gaap_GeneralAndAdministrativeExpense 12,917us-gaap_GeneralAndAdministrativeExpense 11,855us-gaap_GeneralAndAdministrativeExpense
Finance charge income (1,517)us-gaap_OtherOperatingIncome (2,207)us-gaap_OtherOperatingIncome (2,343)us-gaap_OtherOperatingIncome (3,211)us-gaap_OtherOperatingIncome
Operating income 134,095us-gaap_OperatingIncomeLoss 93,953us-gaap_OperatingIncomeLoss 164,868us-gaap_OperatingIncomeLoss 130,840us-gaap_OperatingIncomeLoss
Interest expense, net (3,816)us-gaap_InterestRevenueExpenseNet (4,274)us-gaap_InterestRevenueExpenseNet (7,276)us-gaap_InterestRevenueExpenseNet (7,897)us-gaap_InterestRevenueExpenseNet
Amortization of debt issuance costs (403)us-gaap_OtherDepreciationAndAmortization (390)us-gaap_OtherDepreciationAndAmortization (803)us-gaap_OtherDepreciationAndAmortization (811)us-gaap_OtherDepreciationAndAmortization
Income before income taxes 129,876us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments 89,289us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments 156,789us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments 122,132us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
Income tax expense 54,189us-gaap_IncomeTaxExpenseBenefit 37,073us-gaap_IncomeTaxExpenseBenefit 65,548us-gaap_IncomeTaxExpenseBenefit 50,628us-gaap_IncomeTaxExpenseBenefit
Net income 75,687us-gaap_NetIncomeLoss 52,216us-gaap_NetIncomeLoss 91,241us-gaap_NetIncomeLoss 71,504us-gaap_NetIncomeLoss
General Partner's interest in net income 428us-gaap_NetIncomeLossAllocatedToGeneralPartners 294us-gaap_NetIncomeLossAllocatedToGeneralPartners 516us-gaap_NetIncomeLossAllocatedToGeneralPartners 403us-gaap_NetIncomeLossAllocatedToGeneralPartners
Limited Partners' interest in net income $ 75,259us-gaap_NetIncomeLossAllocatedToLimitedPartners $ 51,922us-gaap_NetIncomeLossAllocatedToLimitedPartners $ 90,725us-gaap_NetIncomeLossAllocatedToLimitedPartners $ 71,101us-gaap_NetIncomeLossAllocatedToLimitedPartners
Basic and diluted income per Limited Partner Unit $ 1.08us-gaap_NetIncomeLossPerOutstandingLimitedPartnershipUnitBasicNetOfTax [1] $ 0.75us-gaap_NetIncomeLossPerOutstandingLimitedPartnershipUnitBasicNetOfTax [1] $ 1.31us-gaap_NetIncomeLossPerOutstandingLimitedPartnershipUnitBasicNetOfTax [1] $ 1.03us-gaap_NetIncomeLossPerOutstandingLimitedPartnershipUnitBasicNetOfTax [1]
Weighted average number of Limited Partner units outstanding:        
Basic and Diluted 57,282us-gaap_WeightedAverageNumberOfShareOutstandingBasicAndDiluted 57,468us-gaap_WeightedAverageNumberOfShareOutstandingBasicAndDiluted 57,288us-gaap_WeightedAverageNumberOfShareOutstandingBasicAndDiluted 57,490us-gaap_WeightedAverageNumberOfShareOutstandingBasicAndDiluted
[1] See Note 13 Earnings Per Limited Partner Unit.