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Segment Information (Tables)
6 Months Ended
Mar. 31, 2018
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 31,

 

 

March 25,

 

 

March 31,

 

 

March 25,

 

 

 

2018

 

 

2017

 

 

2018

 

 

2017

 

Revenues:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Propane

 

$

462,814

 

 

$

385,654

 

 

$

784,944

 

 

$

655,113

 

Fuel oil and refined fuels

 

 

41,699

 

 

 

34,630

 

 

 

67,014

 

 

 

56,726

 

Natural gas and electricity

 

 

20,392

 

 

 

19,239

 

 

 

33,539

 

 

 

32,306

 

All other

 

 

11,377

 

 

 

11,055

 

 

 

24,062

 

 

 

23,740

 

Total revenues

 

$

536,282

 

 

$

450,578

 

 

$

909,559

 

 

$

767,885

 

Operating income (loss):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Propane (1)

 

$

143,221

 

 

$

115,346

 

 

$

217,772

 

 

$

190,009

 

Fuel oil and refined fuels

 

 

7,199

 

 

 

6,828

 

 

 

11,023

 

 

 

9,676

 

Natural gas and electricity

 

 

5,454

 

 

 

5,535

 

 

 

8,939

 

 

 

8,655

 

All other

 

 

(4,981

)

 

 

(5,186

)

 

 

(10,214

)

 

 

(10,392

)

Corporate

 

 

(24,663

)

 

 

(19,666

)

 

 

(45,542

)

 

 

(41,606

)

Total operating income

 

 

126,230

 

 

 

102,857

 

 

 

181,978

 

 

 

156,342

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

     Reconciliation to net income:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Loss on debt extinguishment

 

 

 

 

 

1,567

 

 

 

 

 

 

1,567

 

Interest expense, net

 

 

19,402

 

 

 

17,487

 

 

 

38,916

 

 

 

36,318

 

Provision for (benefit from) income taxes

 

 

41

 

 

 

(9

)

 

 

(893

)

 

 

156

 

Net income

 

$

106,787

 

 

$

83,812

 

 

$

143,955

 

 

$

118,301

 

Depreciation and amortization:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Propane

 

$

28,288

 

 

$

28,072

 

 

$

56,069

 

 

$

55,456

 

Fuel oil and refined fuels

 

 

716

 

 

 

667

 

 

 

1,295

 

 

 

1,298

 

Natural gas and electricity

 

 

 

 

 

 

 

 

 

 

 

 

All other

 

 

56

 

 

 

76

 

 

 

106

 

 

 

146

 

Corporate

 

 

3,143

 

 

 

3,855

 

 

 

5,864

 

 

 

7,031

 

Total depreciation and amortization

 

$

32,203

 

 

$

32,670

 

 

$

63,334

 

 

$

63,931

 

 

 

 

As of

 

 

 

March 31,

 

 

September 30,

 

 

 

2018

 

 

2017

 

Assets:

 

 

 

 

 

 

 

 

Propane

 

$

2,093,843

 

 

$

2,066,997

 

Fuel oil and refined fuels

 

 

58,291

 

 

 

49,863

 

Natural gas and electricity

 

 

17,053

 

 

 

12,455

 

All other

 

 

3,228

 

 

 

2,147

 

Corporate

 

 

55,566

 

 

 

39,821

 

Total assets

 

$

2,227,981

 

 

$

2,171,283

 

(1)

Includes the loss on sale of business of $4,823 for the six months ended March 31, 2018 (see Note 3).