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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Mar. 31, 2021
Mar. 31, 2020
Sales:        
Total sales $ 604,115 $ 543,063 $ 977,435 $ 1,052,008
Cost and expenses:        
(Increase) decrease in the fair value of derivative instruments [1] (8,224) 11,670 (25,619) 5,253
Delivery and branch expenses 100,942 85,463 181,629 182,189
Depreciation and amortization expenses 8,268 9,089 16,225 18,139
General and administrative expenses 6,320 5,422 12,561 11,928
Finance charge income (799) (1,321) (1,205) (2,034)
Operating income 119,695 86,117 174,481 128,568
Interest expense, net (2,136) (2,756) (3,987) (5,435)
Amortization of debt issuance costs (243) (253) (490) (488)
Income before income taxes 117,316 83,108 170,004 122,645
Income tax expense 32,152 24,700 46,980 36,482
Net income 85,164 58,408 123,024 86,163
General Partner’s interest in net income 681 409 977 601
Limited Partners’ interest in net income $ 84,483 $ 57,999 $ 122,047 $ 85,562
Basic and diluted income per Limited Partner Unit: [2] $ 1.71 $ 1.03 $ 2.43 $ 1.52
Weighted average number of Limited Partner units outstanding:        
Basic and Diluted 40,382 46,244 41,324 46,760
Product        
Sales:        
Total sales $ 539,371 $ 481,275 $ 839,703 $ 913,963
Installations and services        
Sales:        
Total sales 64,744 61,788 137,732 138,045
Cost of product        
Cost and expenses:        
Cost and expenses 313,552 285,350 485,699 573,023
Cost of installations and services        
Cost and expenses:        
Cost and expenses $ 64,361 $ 61,273 $ 133,664 $ 134,942
[1] Represents the change in value of unrealized open positions and expired options.
[2] See Note 16 - Earnings Per Limited Partner Unit.