XML 46 R36.htm IDEA: XBRL DOCUMENT v3.22.1
Segment Information (Tables)
6 Months Ended
Mar. 26, 2022
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 26,

 

 

March 27,

 

 

March 26,

 

 

March 27,

 

 

 

2022

 

 

2021

 

 

2022

 

 

2021

 

Revenues:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Propane

 

$

516,821

 

 

$

481,328

 

 

$

847,938

 

 

$

749,952

 

Fuel oil and refined fuels

 

 

43,501

 

 

 

32,011

 

 

 

64,467

 

 

 

47,761

 

Natural gas and electricity

 

 

14,395

 

 

 

10,750

 

 

 

23,618

 

 

 

17,626

 

All other

 

 

13,378

 

 

 

13,149

 

 

 

27,479

 

 

 

27,090

 

Total revenues

 

$

588,095

 

 

$

537,238

 

 

$

963,502

 

 

$

842,429

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Operating income (loss):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Propane

 

$

221,386

 

 

$

172,090

 

 

$

287,961

 

 

$

255,695

 

Fuel oil and refined fuels

 

 

7,185

 

 

 

7,608

 

 

 

8,879

 

 

 

10,233

 

Natural gas and electricity

 

 

3,450

 

 

 

3,404

 

 

 

5,120

 

 

 

5,363

 

All other

 

 

(5,002

)

 

 

(4,232

)

 

 

(10,792

)

 

 

(9,293

)

Corporate

 

 

(35,058

)

 

 

(31,713

)

 

 

(61,951

)

 

 

(57,155

)

Total operating income

 

 

191,961

 

 

 

147,157

 

 

 

229,217

 

 

 

204,843

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Reconciliation to net income:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Interest expense, net

 

 

15,254

 

 

 

18,092

 

 

 

30,553

 

 

 

36,227

 

Other, net

 

 

1,234

 

 

 

1,582

 

 

 

2,364

 

 

 

2,660

 

Provision for (benefit from) income taxes

 

 

371

 

 

 

267

 

 

 

(100

)

 

 

763

 

Net income

 

$

175,102

 

 

$

127,216

 

 

$

196,400

 

 

$

165,193

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Depreciation and amortization:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Propane

 

$

11,764

 

 

$

24,988

 

 

$

25,498

 

 

$

50,679

 

Fuel oil and refined fuels

 

 

428

 

 

 

396

 

 

 

856

 

 

 

796

 

Natural gas and electricity

 

 

5

 

 

 

6

 

 

 

10

 

 

 

12

 

All other

 

 

45

 

 

 

47

 

 

 

90

 

 

 

94

 

Corporate

 

 

1,820

 

 

 

1,909

 

 

 

3,893

 

 

 

3,782

 

Total depreciation and amortization

 

$

14,062

 

 

$

27,346

 

 

$

30,347

 

 

$

55,363

 

 

 

 

As of

 

 

 

March 26,

 

 

September 25,

 

 

 

2022

 

 

2021

 

Assets:

 

 

 

 

 

 

 

 

Propane

 

$

2,031,431

 

 

$

1,935,399

 

Fuel oil and refined fuels

 

 

59,301

 

 

 

47,039

 

Natural gas and electricity

 

 

13,241

 

 

 

11,275

 

All other

 

 

48,859

 

 

 

17,767

 

Corporate

 

 

47,025

 

 

 

40,250

 

Total assets

 

$

2,199,857

 

 

$

2,051,730