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Investment in and Acquisition of Businesses (Tables)
12 Months Ended
Sep. 25, 2021
Business Combinations [Abstract]  
Summary of Acquisition and Purchase Price Allocation

Pursuant to the Partnership’s strategic growth initiatives, the Operating Partnership acquired the propane assets and operations of various propane retailers in each of the last three fiscal years as summarized below. The purchase price allocations and results of operations of the acquired businesses were not material to the Partnership’s consolidated financial position and statement of operations.

 

Fiscal Year

 

Total consideration (1)

 

 

 

 

 

 

 

 

2021

 

$

9,813

 

(2)

2020

 

$

27,065

 

(3)

2019

 

$

22,850

 

(4)

 

 

(1)

Total consideration includes non-compete consideration, which will be paid over the respective non-compete periods subject to compliance with the terms of the respective agreements, and excludes working capital adjustments.

 

 

(2)

Includes an investment in Oberon and one acquisition of a propane retailer located in North Carolina.

 

 

(3)

Includes an investment in Oberon and two acquisitions of propane retailers located in Georgia and California.

 

 

(4)

Includes three acquisitions of propane retailers located in Texas, Florida and the West Coast.  Total consideration includes the issuance of $1,600 in Common Units.