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:
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Propane |
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Fuel oil and refined fuels |
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Natural gas and electricity |
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All other |
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Total |
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Balance as of September 30, 2023 |
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Goodwill |
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$ |
1,105,179 |
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$ |
10,900 |
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$ |
7,900 |
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$ |
31,259 |
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$ |
1,155,238 |
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Accumulated adjustments |
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— |
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(6,462 |
) |
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— |
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— |
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(6,462 |
) |
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$ |
1,105,179 |
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$ |
4,438 |
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$ |
7,900 |
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$ |
31,259 |
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$ |
1,148,776 |
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Fiscal 2024 Activity |
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Goodwill acquired (1) |
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$ |
2,476 |
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$ |
— |
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$ |
— |
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$ |
— |
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$ |
2,476 |
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Balance as of September 28, 2024 |
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Goodwill |
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$ |
1,107,655 |
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$ |
10,900 |
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$ |
7,900 |
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$ |
31,259 |
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$ |
1,157,714 |
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Accumulated adjustments |
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— |
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(6,462 |
) |
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— |
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— |
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(6,462 |
) |
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$ |
1,107,655 |
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$ |
4,438 |
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$ |
7,900 |
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$ |
31,259 |
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$ |
1,151,252 |
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Other intangible assets |
Other intangible assets consist of the following:
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As of |
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September 28, |
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September 30, |
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2024 |
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2023 |
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Customer relationships (1) |
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$ |
577,486 |
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$ |
572,347 |
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Non-compete agreements (1) |
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41,955 |
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40,840 |
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Other |
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7,067 |
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7,067 |
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626,508 |
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620,254 |
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Less: accumulated amortization |
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Customer relationships |
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(513,053 |
) |
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(502,436 |
) |
Non-compete agreements |
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(36,000 |
) |
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(35,011 |
) |
Other |
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(2,943 |
) |
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(2,254 |
) |
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(551,996 |
) |
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(539,701 |
) |
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$ |
74,512 |
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$ |
80,553 |
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(1)Reflects the impact from acquisitions (See Note 4).
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