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Segment Information (Tables)
6 Months Ended
Mar. 25, 2017
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

 

 

Six Months Ended

 

 

 

March 25,

 

 

March 26,

 

 

March 25,

 

 

March 26,

 

 

 

2017

 

 

2016

 

 

2017

 

 

2016

 

Revenues:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Propane

 

$

385,654

 

 

$

348,216

 

 

$

655,113

 

 

$

579,691

 

Fuel oil and refined fuels

 

 

34,630

 

 

 

28,814

 

 

 

56,726

 

 

 

49,502

 

Natural gas and electricity

 

 

19,239

 

 

 

15,962

 

 

 

32,306

 

 

 

27,636

 

All other

 

 

11,055

 

 

 

11,148

 

 

 

23,740

 

 

 

23,168

 

Total revenues

 

$

450,578

 

 

$

404,140

 

 

$

767,885

 

 

$

679,997

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Operating income:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Propane

 

$

115,346

 

 

$

129,277

 

 

$

190,009

 

 

$

184,860

 

Fuel oil and refined fuels

 

 

6,828

 

 

 

6,470

 

 

 

9,676

 

 

 

8,439

 

Natural gas and electricity

 

 

5,535

 

 

 

4,444

 

 

 

8,655

 

 

 

6,696

 

All other

 

 

(5,186

)

 

 

(5,812

)

 

 

(10,392

)

 

 

(12,868

)

Corporate

 

 

(19,666

)

 

 

(23,166

)

 

 

(41,606

)

 

 

(44,570

)

Total operating income

 

 

102,857

 

 

 

111,213

 

 

 

156,342

 

 

 

142,557

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Reconciliation to net income:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Loss on debt extinguishment

 

 

1,567

 

 

 

292

 

 

 

1,567

 

 

 

292

 

Interest expense, net

 

 

17,487

 

 

 

18,852

 

 

 

36,318

 

 

 

37,745

 

Provision for income tax (benefit) expense

 

 

(9

)

 

 

58

 

 

 

156

 

 

 

243

 

Net income

 

$

83,812

 

 

$

92,011

 

 

$

118,301

 

 

$

104,277

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Depreciation and amortization:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Propane

 

$

28,072

 

 

$

27,518

 

 

$

55,456

 

 

$

54,625

 

Fuel oil and refined fuels

 

 

667

 

 

 

686

 

 

 

1,298

 

 

 

1,382

 

Natural gas and electricity

 

 

 

 

 

1

 

 

 

 

 

 

3

 

All other

 

 

76

 

 

 

79

 

 

 

146

 

 

 

161

 

Corporate

 

 

3,855

 

 

 

4,866

 

 

 

7,031

 

 

 

8,617

 

Total depreciation and amortization

 

$

32,670

 

 

$

33,150

 

 

$

63,931

 

 

$

64,788

 

 

 

 

As of

 

 

 

March 25,

 

 

September 24,

 

 

 

2017

 

 

2016

 

Assets:

 

 

 

 

 

 

 

 

Propane

 

$

2,157,744

 

 

$

2,141,108

 

Fuel oil and refined fuels

 

 

57,488

 

 

 

53,266

 

Natural gas and electricity

 

 

15,208

 

 

 

13,415

 

All other

 

 

1,990

 

 

 

2,185

 

Corporate

 

 

51,455

 

 

 

72,325

 

Total assets

 

$

2,283,885

 

 

$

2,282,299