XML 45 R34.htm IDEA: XBRL DOCUMENT v3.19.1
Segment Information (Tables)
6 Months Ended
Mar. 30, 2019
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 30,

 

 

March 31,

 

 

March 30,

 

 

March 31,

 

 

 

2019

 

 

2018

 

 

2019

 

 

2018

 

Revenues:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Propane

 

$

433,056

 

 

$

462,814

 

 

$

754,416

 

 

$

784,944

 

Fuel oil and refined fuels

 

 

41,598

 

 

 

41,699

 

 

 

70,507

 

 

 

67,014

 

Natural gas and electricity

 

 

17,596

 

 

 

20,392

 

 

 

31,000

 

 

 

33,539

 

All other

 

 

12,127

 

 

 

11,377

 

 

 

25,558

 

 

 

24,062

 

Total revenues

 

$

504,377

 

 

$

536,282

 

 

$

881,481

 

 

$

909,559

 

Operating income:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Propane

 

$

162,650

 

 

$

144,395

 

 

$

233,121

 

 

$

220,118

 

Fuel oil and refined fuels

 

 

8,071

 

 

 

7,199

 

 

 

11,541

 

 

 

11,023

 

Natural gas and electricity

 

 

4,885

 

 

 

5,454

 

 

 

7,713

 

 

 

8,939

 

All other

 

 

(4,152

)

 

 

(4,981

)

 

 

(8,796

)

 

 

(10,214

)

Corporate

 

 

(29,364

)

 

 

(24,663

)

 

 

(52,955

)

 

 

(45,542

)

Total operating income

 

 

142,090

 

 

 

127,404

 

 

 

190,624

 

 

 

184,324

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

     Reconciliation to net income:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Interest expense, net

 

 

19,647

 

 

 

19,402

 

 

 

39,135

 

 

 

38,916

 

Other, net

 

 

1,175

 

 

 

1,174

 

 

 

2,351

 

 

 

2,346

 

Provision for (benefit from) income taxes

 

 

252

 

 

 

41

 

 

 

403

 

 

 

(893

)

Net income

 

$

121,016

 

 

$

106,787

 

 

$

148,735

 

 

$

143,955

 

Depreciation and amortization:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Propane

 

$

27,939

 

 

$

28,288

 

 

$

54,894

 

 

$

56,069

 

Fuel oil and refined fuels

 

 

503

 

 

 

716

 

 

 

1,025

 

 

 

1,295

 

Natural gas and electricity

 

 

 

 

 

 

 

 

 

 

 

 

All other

 

 

48

 

 

 

56

 

 

 

100

 

 

 

106

 

Corporate

 

 

2,133

 

 

 

3,143

 

 

 

4,675

 

 

 

5,864

 

Total depreciation and amortization

 

$

30,623

 

 

$

32,203

 

 

$

60,694

 

 

$

63,334

 

 

 

 

As of

 

 

 

March 30,

 

 

September 29,

 

 

 

2019

 

 

2018

 

Assets:

 

 

 

 

 

 

 

 

Propane

 

$

2,020,044

 

 

$

1,995,060

 

Fuel oil and refined fuels

 

 

55,396

 

 

 

47,911

 

Natural gas and electricity

 

 

15,277

 

 

 

13,067

 

All other

 

 

3,649

 

 

 

3,363

 

Corporate

 

 

45,604

 

 

 

41,798

 

Total assets

 

$

2,139,970

 

 

$

2,101,199