XML 21 R4.htm IDEA: XBRL DOCUMENT v3.5.0.2
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2014
Sales:      
Product $ 911,014 $ 1,431,585 $ 1,734,475
Installations and services 250,324 242,706 227,249
Total sales 1,161,338 1,674,291 1,961,724
Cost and expenses:      
Cost of product 539,831 977,631 1,349,432
Cost of installations and services 229,010 225,957 205,868
(Increase) decrease in fair value of derivative instruments (18,217) 4,187 6,566
Delivery and branch expenses 276,493 309,025 282,646
Depreciation and amortization expenses 26,530 24,930 21,635
General and administrative expenses 23,366 25,908 22,592
Multiemployer pension plan withdrawal charge   17,796  
Finance charge income (3,079) (4,756) (6,870)
Operating income 87,404 93,613 79,855
Interest expense, net (7,485) (14,059) (16,854)
Amortization of debt issuance costs (1,247) (1,818) (1,602)
Loss on redemption of debt   (7,345)  
Income before income taxes 78,672 70,391 61,399
Income tax expense 33,738 32,835 25,315
Net income 44,934 37,556 36,084
General Partner's interest in net income 252 212 203
Limited Partners' interest in net income $ 44,682 $ 37,344 $ 35,881
Basic and diluted income per Limited Partner Unit [1] $ 0.70 [2] $ 0.59 [2] $ 0.57
Weighted average number of Limited Partner units outstanding:      
Basic and Diluted 57,022 57,285 57,476
[1] See Note 17 Earnings Per Limited Partner Units.
[2] 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.