XML 46 R32.htm IDEA: XBRL DOCUMENT v3.22.2.2
Goodwill and Other Intangible Assets (Tables)
12 Months Ended
Sep. 24, 2022
Goodwill and Intangible Assets Disclosure [Abstract]  
Carrying values of goodwill assigned to the partnership's operating segments

The carrying values of goodwill assigned to the Partnership’s operating segments are as follows:

 

 

 

Propane

 

 

Fuel oil and
refined fuels

 

 

Natural gas and
electricity

 

 

Total

 

Balance as of September 25, 2021

 

 

 

 

 

 

 

 

 

 

 

 

Goodwill

 

$

1,094,688

 

 

$

10,900

 

 

$

7,900

 

 

$

1,113,488

 

Accumulated adjustments

 

 

 

 

 

(6,462

)

 

 

 

 

 

(6,462

)

 

 

$

1,094,688

 

 

$

4,438

 

 

$

7,900

 

 

$

1,107,026

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Fiscal 2022 Activity

 

 

 

 

 

 

 

 

 

 

 

 

Goodwill disposed (1)

 

$

(399

)

 

$

 

 

$

 

 

$

(399

)

Goodwill acquired (2)

 

$

6,796

 

 

$

 

 

$

 

 

$

6,796

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance as of September 24, 2022

 

 

 

 

 

 

 

 

 

 

 

 

Goodwill

 

$

1,101,085

 

 

$

10,900

 

 

$

7,900

 

 

$

1,119,885

 

Accumulated adjustments

 

 

 

 

 

(6,462

)

 

 

 

 

 

(6,462

)

 

 

$

1,101,085

 

 

$

4,438

 

 

$

7,900

 

 

$

1,113,423

 

Other intangible assets

Other intangible assets consist of the following:

 

 

 

As of

 

 

 

September 24,

 

 

September 25,

 

 

 

2022

 

 

2021

 

Customer relationships (2)

 

$

526,665

 

 

$

519,604

 

Non-compete agreements (2)

 

 

40,190

 

 

 

38,940

 

Other

 

 

1,967

 

 

 

1,967

 

 

 

 

568,822

 

 

 

560,511

 

Less: accumulated amortization

 

 

 

 

 

 

Customer relationships

 

 

(492,968

)

 

 

(486,395

)

Non-compete agreements

 

 

(34,137

)

 

 

(33,229

)

Other

 

 

(1,715

)

 

 

(1,624

)

 

 

 

(528,820

)

 

 

(521,248

)

 

 

$

40,002

 

 

$

39,263

 

 

(1)
Reflects the impact from the disposition of certain assets and operations in a non-strategic market of the propane segment (See Note 4).

 

(2)
Reflects the impact from acquisitions (See Note 4).