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Segment Information (Tables)
6 Months Ended
Mar. 27, 2021
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 27,

 

 

March 28,

 

 

March 27,

 

 

March 28,

 

 

 

2021

 

 

2020

 

 

2021

 

 

2020

 

Revenues:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Propane

 

$

481,328

 

 

$

347,686

 

 

$

749,952

 

 

$

633,111

 

Fuel oil and refined fuels

 

 

32,011

 

 

 

31,502

 

 

 

47,761

 

 

 

57,393

 

Natural gas and electricity

 

 

10,750

 

 

 

10,198

 

 

 

17,626

 

 

 

18,919

 

All other

 

 

13,149

 

 

 

11,669

 

 

 

27,090

 

 

 

25,510

 

Total revenues

 

$

537,238

 

 

$

401,055

 

 

$

842,429

 

 

$

734,933

 

Operating income (loss):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Propane

 

$

172,090

 

 

$

115,143

 

 

$

255,695

 

 

$

201,265

 

Fuel oil and refined fuels

 

 

7,608

 

 

 

6,391

 

 

 

10,233

 

 

 

9,119

 

Natural gas and electricity

 

 

3,404

 

 

 

2,778

 

 

 

5,363

 

 

 

5,007

 

All other

 

 

(4,232

)

 

 

(4,846

)

 

 

(9,293

)

 

 

(10,233

)

Corporate

 

 

(31,713

)

 

 

(21,841

)

 

 

(57,155

)

 

 

(47,679

)

Total operating income

 

 

147,157

 

 

 

97,625

 

 

 

204,843

 

 

 

157,479

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Reconciliation to net income:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Loss on debt extinguishment

 

 

 

 

 

109

 

 

 

 

 

 

109

 

Interest expense, net

 

 

18,092

 

 

 

19,176

 

 

 

36,227

 

 

 

38,248

 

Other, net

 

 

1,582

 

 

 

979

 

 

 

2,660

 

 

 

1,957

 

Provision for (benefit from) income taxes

 

 

267

 

 

 

-

 

 

 

763

 

 

 

(359

)

Net income

 

$

127,216

 

 

$

77,361

 

 

$

165,193

 

 

$

117,524

 

Depreciation and amortization:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Propane

 

$

24,988

 

 

$

26,871

 

 

$

50,679

 

 

$

53,851

 

Fuel oil and refined fuels

 

 

396

 

 

 

468

 

 

 

796

 

 

 

975

 

Natural gas and electricity

 

 

6

 

 

 

6

 

 

 

12

 

 

 

6

 

All other

 

 

47

 

 

 

48

 

 

 

94

 

 

 

95

 

Corporate

 

 

1,909

 

 

 

1,895

 

 

 

3,782

 

 

 

3,635

 

Total depreciation and amortization

 

$

27,346

 

 

$

29,288

 

 

$

55,363

 

 

$

58,562

 

 

 

 

As of

 

 

 

March 27,

 

 

September 26,

 

 

 

2021

 

 

2020

 

Assets:

 

 

 

 

 

 

 

 

Propane

 

$

1,999,457

 

 

$

1,934,960

 

Fuel oil and refined fuels

 

 

52,698

 

 

 

47,063

 

Natural gas and electricity

 

 

12,157

 

 

 

10,594

 

All other

 

 

18,367

 

 

 

18,733

 

Corporate

 

 

46,055

 

 

 

35,903

 

Total assets

 

$

2,128,734

 

 

$

2,047,253