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Segment Information (Tables)
12 Months Ended
Sep. 30, 2023
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:

 

 

 

Year Ended

 

 

 

September 30,

 

 

September 24,

 

 

September 25,

 

 

 

2023

 

 

2022

 

 

2021

 

Revenues:

 

 

 

 

 

 

 

 

 

Propane

 

$

1,232,138

 

 

$

1,313,556

 

 

$

1,140,457

 

Fuel oil and refined fuels

 

 

92,127

 

 

 

95,157

 

 

 

67,104

 

Natural gas and electricity

 

 

31,160

 

 

 

39,511

 

 

 

30,425

 

All other

 

 

73,769

 

 

 

53,241

 

 

 

50,769

 

Total revenues

 

$

1,429,194

 

 

$

1,501,465

 

 

$

1,288,755

 

 

 

 

 

 

 

 

 

 

 

Operating income (loss):

 

 

 

 

 

 

 

 

 

Propane

 

$

351,162

 

 

$

337,377

 

 

$

330,443

 

Fuel oil and refined fuels

 

 

5,932

 

 

 

6,711

 

 

 

7,716

 

Natural gas and electricity

 

 

6,046

 

 

 

6,598

 

 

 

7,409

 

All other

 

 

(32,866

)

 

 

(21,982

)

 

 

(20,119

)

Corporate

 

 

(123,425

)

 

 

(122,377

)

 

 

(112,213

)

Total operating income

 

 

206,849

 

 

 

206,327

 

 

 

213,236

 

 

 

 

 

 

 

 

 

 

 

Reconciliation to net income:

 

 

 

 

 

 

 

 

 

Loss on debt extinguishment

 

 

 

 

 

 

 

 

16,029

 

Interest expense, net

 

 

73,393

 

 

 

60,658

 

 

 

68,132

 

Other, net

 

 

9,036

 

 

 

5,532

 

 

 

5,172

 

Provision for income taxes

 

 

668

 

 

 

429

 

 

 

1,110

 

Net income

 

$

123,752

 

 

$

139,708

 

 

$

122,793

 

 

 

 

 

 

 

 

 

 

 

Depreciation and amortization:

 

 

 

 

 

 

 

 

 

Propane

 

$

47,392

 

 

$

50,053

 

 

$

95,616

 

Fuel oil and refined fuels

 

 

1,674

 

 

 

1,693

 

 

 

1,654

 

Natural gas and electricity

 

 

3

 

 

 

21

 

 

 

24

 

All other

 

 

7,978

 

 

 

179

 

 

 

188

 

Corporate

 

 

5,535

 

 

 

6,902

 

 

 

7,073

 

Total depreciation and amortization

 

$

62,582

 

 

$

58,848

 

 

$

104,555

 

 

 

 

As of

 

 

 

September 30,

 

 

September 24,

 

 

 

2023

 

 

2022

 

Assets:

 

 

 

 

 

 

Propane

 

$

1,924,304

 

 

$

1,957,257

 

Fuel oil and refined fuels

 

 

46,341

 

 

 

49,683

 

Natural gas and electricity

 

 

11,255

 

 

 

12,504

 

All other

 

 

239,691

 

 

 

47,853

 

Corporate

 

 

48,884

 

 

 

36,429

 

Total assets

 

$

2,270,475

 

 

$

2,103,726