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Segment Information (Tables)
12 Months Ended
Sep. 26, 2020
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:

 

 

 

Year Ended

 

 

 

September 26,

 

 

September 28,

 

 

September 29,

 

 

 

2020

 

 

2019

 

 

2018

 

Revenues:

 

 

 

 

 

 

 

 

 

 

 

 

Propane

 

$

955,143

 

 

$

1,083,446

 

 

$

1,153,323

 

Fuel oil and refined fuels

 

 

75,039

 

 

 

92,084

 

 

 

91,520

 

Natural gas and electricity

 

 

31,184

 

 

 

45,206

 

 

 

54,308

 

All other

 

 

46,531

 

 

 

46,969

 

 

 

45,262

 

Total revenues

 

$

1,107,897

 

 

$

1,267,705

 

 

$

1,344,413

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Operating income (loss):

 

 

 

 

 

 

 

 

 

 

 

 

Propane

 

$

239,771

 

 

$

254,447

 

 

$

248,473

 

Fuel oil and refined fuels

 

 

9,338

 

 

 

8,489

 

 

 

7,605

 

Natural gas and electricity

 

 

7,459

 

 

 

8,758

 

 

 

12,309

 

All other

 

 

(20,377

)

 

 

(19,516

)

 

 

(20,145

)

Corporate

 

 

(95,921

)

 

 

(101,324

)

 

 

(90,239

)

Total operating income

 

 

140,270

 

 

 

150,854

 

 

 

158,003

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Reconciliation to net income:

 

 

 

 

 

 

 

 

 

 

 

 

Loss on debt extinguishment

 

 

109

 

 

 

 

 

 

 

Interest expense, net

 

 

74,727

 

 

 

76,663

 

 

 

77,383

 

Other, net

 

 

4,822

 

 

 

4,702

 

 

 

4,692

 

(Benefit from) provision for income taxes

 

 

(146

)

 

 

857

 

 

 

(606

)

Net income

 

$

60,758

 

 

$

68,632

 

 

$

76,534

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Depreciation and amortization:

 

 

 

 

 

 

 

 

 

 

 

 

Propane

 

$

106,725

 

 

$

108,763

 

 

$

111,460

 

Fuel oil and refined fuels

 

 

1,843

 

 

 

2,083

 

 

 

2,574

 

Natural gas and electricity

 

 

18

 

 

 

 

 

 

 

All other

 

 

189

 

 

 

196

 

 

 

215

 

Corporate

 

 

8,016

 

 

 

9,830

 

 

 

10,973

 

Total depreciation and amortization

 

$

116,791

 

 

$

120,872

 

 

$

125,222

 

 

 

 

As of

 

 

 

September 26,

 

 

September 28,

 

 

 

2020

 

 

2019

 

Assets:

 

 

 

 

 

 

 

 

Propane

 

$

1,934,960

 

 

$

1,904,344

 

Fuel oil and refined fuels

 

 

47,063

 

 

 

44,279

 

Natural gas and electricity

 

 

10,594

 

 

 

11,907

 

All other

 

 

18,733

 

 

 

2,950

 

Corporate

 

 

35,903

 

 

 

34,868

 

Total assets

 

$

2,047,253

 

 

$

1,998,348