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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Cash flows provided by (used in) operating activities:    
Net income $ 123,024 $ 86,163
Adjustment to reconcile net income to net cash provided by (used in) operating activities:    
(Increase) decrease in the fair value of derivative instruments [1] (25,619) 5,253
Depreciation and amortization 16,715 18,627
Provision for losses on accounts receivable 256 3,203
Change in deferred taxes 12,623 222
Change in weather hedge contracts (3,424) (10,053)
Changes in operating assets and liabilities:    
Increase in receivables (103,987) (69,562)
(Increase) decrease in inventories (9,652) 12,008
(Increase) decrease in other assets (2,016) 4,812
Increase (decrease) in accounts payable 5,538 (8,910)
Decrease in customer credit balances (43,421) (32,462)
Increase in other current and long-term liabilities 35,436 41,574
Net cash provided by operating activities 5,473 50,875
Cash flows provided by (used in) investing activities:    
Capital expenditures (7,232) (5,684)
Proceeds from sales of fixed assets 143 201
Proceeds from sale of propane assets 6,093  
Purchase of investments (603) (7,218)
Acquisitions (38,363) (496)
Net cash used in investing activities (39,962) (13,197)
Cash flows provided by (used in) financing activities:    
Revolving credit facility borrowings 75,154 90,202
Revolving credit facility repayments (40,154) (127,659)
Loan issuance   130,000
Term loan repayments (6,500) (92,500)
Distributions (11,533) (12,153)
Unit repurchases (30,466) (18,575)
Customer retainage payments (29) (300)
Payments of debt issue costs (11) (1,291)
Net cash used in financing activities (13,539) (32,276)
Net (decrease) increase in cash, cash equivalents, and restricted cash (48,028) 5,402
Cash, cash equivalents, and restricted cash at beginning of period 57,161 5,149
Cash, cash equivalents, and restricted cash at end of period $ 9,133 $ 10,551
[1] Represents the change in value of unrealized open positions and expired options.