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Segment Information (Tables)
9 Months Ended
Jun. 25, 2022
Segment Reporting [Abstract]  
Disclosure by reportable segment and reconciliation of total operating segment information

The following table presents certain data by reportable segment and provides a reconciliation of total operating segment information to the corresponding consolidated amounts for the periods presented:

 

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

 

June 25,

 

 

June 26,

 

 

June 25,

 

 

June 26,

 

 

 

2022

 

 

2021

 

 

2022

 

 

2021

 

Revenues:

 

 

 

 

 

 

 

 

 

 

 

 

Propane

 

$

260,634

 

 

$

208,689

 

 

$

1,108,572

 

 

$

958,641

 

Fuel oil and refined fuels

 

 

19,274

 

 

 

11,314

 

 

 

83,741

 

 

 

59,075

 

Natural gas and electricity

 

 

7,547

 

 

 

5,835

 

 

 

31,165

 

 

 

23,461

 

All other

 

 

12,877

 

 

 

12,247

 

 

 

40,356

 

 

 

39,337

 

Total revenues

 

$

300,332

 

 

$

238,085

 

 

$

1,263,834

 

 

$

1,080,514

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Operating income (loss):

 

 

 

 

 

 

 

 

 

 

 

 

Propane

 

$

52,178

 

 

$

41,460

 

 

$

340,139

 

 

$

297,155

 

Fuel oil and refined fuels

 

 

(308

)

 

 

(433

)

 

 

8,571

 

 

 

9,800

 

Natural gas and electricity

 

 

792

 

 

 

1,103

 

 

 

5,912

 

 

 

6,466

 

All other

 

 

(5,998

)

 

 

(5,117

)

 

 

(16,790

)

 

 

(14,410

)

Corporate

 

 

(31,893

)

 

 

(29,010

)

 

 

(93,844

)

 

 

(86,165

)

Total operating income

 

 

14,771

 

 

 

8,003

 

 

 

243,988

 

 

 

212,846

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Reconciliation to net (loss) income:

 

 

 

 

 

 

 

 

 

 

 

 

Loss on debt extinguishment

 

 

 

 

 

16,029

 

 

 

 

 

 

16,029

 

Interest expense, net

 

 

15,004

 

 

 

16,737

 

 

 

45,557

 

 

 

52,964

 

Other, net

 

 

2,031

 

 

 

1,085

 

 

 

4,395

 

 

 

3,745

 

Provision for income taxes

 

 

271

 

 

 

173

 

 

 

171

 

 

 

936

 

Net (loss) income

 

$

(2,535

)

 

$

(26,021

)

 

$

193,865

 

 

$

139,172

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Depreciation and amortization:

 

 

 

 

 

 

 

 

 

 

 

 

Propane

 

$

12,054

 

 

$

25,083

 

 

$

37,552

 

 

$

75,762

 

Fuel oil and refined fuels

 

 

420

 

 

 

429

 

 

 

1,276

 

 

 

1,225

 

Natural gas and electricity

 

 

6

 

 

 

6

 

 

 

16

 

 

 

18

 

All other

 

 

45

 

 

 

47

 

 

 

135

 

 

 

141

 

Corporate

 

 

1,484

 

 

 

1,689

 

 

 

5,377

 

 

 

5,471

 

Total depreciation and amortization

 

$

14,009

 

 

$

27,254

 

 

$

44,356

 

 

$

82,617

 

 

 

 

As of

 

 

 

June 25,

 

 

September 25,

 

 

 

2022

 

 

2021

 

Assets:

 

 

 

 

 

 

Propane

 

$

1,960,627

 

 

$

1,935,399

 

Fuel oil and refined fuels

 

 

52,229

 

 

 

47,039

 

Natural gas and electricity

 

 

11,040

 

 

 

11,275

 

All other

 

 

47,818

 

 

 

17,767

 

Corporate

 

 

43,681

 

 

 

40,250

 

Total assets

 

$

2,115,395

 

 

$

2,051,730