16.	Segment Information

The Partnership manages and evaluates its operations in four operating segments, three of which are reportable segments: Propane, Fuel Oil and Refined Fuels, and Natural Gas and Electricity. The chief operating decision maker evaluates performance of the operating segments using a number of performance measures, including gross margins and income before interest expense and provision for income taxes (operating profit). Costs excluded from these profit measures are captured in Corporate and include corporate overhead expenses not allocated to the operating segments. Unallocated corporate overhead expenses include all costs of back office support functions that are reported as general and administrative expenses within the condensed consolidated statements of operations. In addition, certain costs associated with field operations support that are reported in operating expenses within the condensed consolidated statements of operations, including purchasing, training and safety, are not allocated to the individual operating segments. Thus, operating profit for each operating segment includes only the costs that are directly attributable to the operations of the individual segment. The accounting policies of the operating segments are otherwise the same as those described in Note 2, “Summary of Significant Accounting Policies,” in the Partnership’s Annual Report on Form 10-K for the fiscal year ended September 30, 2017.

The propane segment is primarily engaged in the retail distribution of propane to residential, commercial, industrial and agricultural customers and, to a lesser extent, wholesale distribution to large industrial end users. In the residential and commercial markets, propane is used primarily for space heating, water heating, cooking and clothes drying. Industrial customers use propane generally as a motor fuel burned in internal combustion engines that power over-the-road vehicles, forklifts and stationary engines, to fire furnaces and as a cutting gas. In the agricultural markets, propane is primarily used for tobacco curing, crop drying, poultry brooding and weed control.

The fuel oil and refined fuels segment is primarily engaged in the retail distribution of fuel oil, diesel, kerosene and gasoline to residential and commercial customers for use primarily as a source of heat in homes and buildings.

The natural gas and electricity segment is engaged in the marketing of natural gas and electricity to residential and commercial customers in the deregulated energy markets of New York and Pennsylvania. Under this operating segment, the Partnership owns the relationship with the end consumer and has agreements with the local distribution companies to deliver the natural gas or electricity from the Partnership’s suppliers to the customer.

Activities in the “all other” category include the Partnership’s service business, which is primarily engaged in the sale, installation and servicing of a wide variety of home comfort equipment, particularly in the areas of heating and ventilation.

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
	December 30,			December 24,
	2017			2016
Revenues:
Propane	$	322,130		$	269,459
Fuel oil and refined fuels		25,315			22,096
Natural gas and electricity		13,147			13,067
All other		12,685			12,685
Total revenues	$	373,277		$	317,307
Operating income (loss):
Propane (1)	$	74,551		$	74,663
Fuel oil and refined fuels		3,824			2,848
Natural gas and electricity		3,485			3,120
All other		(5,233	)		(5,206	)
Corporate		(20,879	)		(21,940	)
Total operating income		55,748			53,485
Reconciliation to net income:
Interest expense, net		19,514			18,831
(Benefit from) provision for income taxes		(934	)		165
Net income	$	37,168		$	34,489
Depreciation and amortization:
Propane	$	27,781		$	27,384
Fuel oil and refined fuels		579			631
Natural gas and electricity		—			—
All other		50			70
Corporate		2,721			3,176
Total depreciation and amortization	$	31,131		$	31,261

	As of
	December 30,		September 30,
	2017		2017
Assets:
Propane	$	2,110,715	$	2,066,997
Fuel oil and refined fuels		54,943		49,863
Natural gas and electricity		15,816		12,455
All other		3,753		2,147
Corporate		51,145		39,821
Total assets	$	2,236,372	$	2,171,283

(1)	Includes the loss on sale of business of $4,823 for the three months ended December 30, 2017 (see Note 3).