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Quarterly Data (Unaudited)
 12 Months Ended
Jul. 31, 2013
Quarterly Data
Quarterly data (unaudited)
 
The following summarized unaudited quarterly data includes all adjustments (consisting only of normal recurring adjustments, with the exception of those items indicated below), which Ferrellgas considers necessary for a fair presentation. Due to the seasonality of the propane distribution industry, first and fourth quarter Revenues, gross margin from propane and other gas liquids sales, Net earnings attributable to Ferrellgas Partners, L.P. and Common unitholders’ interest in net earnings are consistently less than the second and third quarter results. Other factors affecting the results of operations include competitive conditions, demand for product, timing of acquisitions, variations in the weather and fluctuations in propane prices. The sum of Basic and diluted net earnings (loss) per common unitholders’ interest by quarter may not equal the Basic and diluted net earnings (loss) per common unitholders’ interest for the year due to variations in the weighted average units outstanding used in computing such amounts.
For the year ended July 31, 2013
 
First quarter
 
Second quarter
 
Third quarter
 
Fourth quarter
Revenues
 
$
362,909

 
$
658,865

 
$
603,020

 
$
350,673

Gross margin from propane and other gas liquids sales (a)
 
121,624

 
206,838

 
195,201

 
123,343

Net earnings (loss)
 
(17,796
)
 
58,843

 
45,180

 
(29,060
)
Net earnings (loss) attributable to Ferrellgas Partners, L.P.
 
(17,658
)
 
58,207

 
44,681

 
(28,804
)
Common unitholders’ interest in net earnings (loss)
 
(17,481
)
 
55,069

 
44,234

 
(28,516
)
 
 
 
 
 
 
 
 
 
Basic and diluted net earnings (loss) per common unitholders’ interest
 
$
(0.22
)
 
$
0.70

 
$
0.56

 
$
(0.36
)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
For the year ended July 31, 2012
 
First quarter
 
Second quarter
 
Third quarter
 
Fourth quarter
Revenues
 
$
538,426

 
$
829,272

 
$
629,619

 
$
341,775

Gross margin from propane and other gas liquids sales (a)
 
111,097

 
178,967

 
155,123

 
113,872

Net earnings (loss)
 
(32,895
)
 
36,787

 
21,062

 
(35,850
)
Net earnings (loss) attributable to Ferrellgas Partners, L.P.
 
(32,604
)
 
36,374

 
20,807

 
(35,529
)
Common unitholders’ interest in net earnings (loss)
 
(32,278
)
 
36,010

 
20,599

 
(35,173
)
 
 
 
 
 
 
 
 
 
Basic and diluted net earnings (loss) per common unitholders’ interest
 
$
(0.42
)
 
$
0.47

 
$
0.26

 
$
(0.45
)
 
(a)
 Gross margin from “Propane and other gas liquids sales” represents “Revenues - Propane and other gas liquids sales” less “Cost of product sold – propane and other gas liquids sales.”
Ferrellgas, L.P. [Member]
  
Quarterly Data
Quarterly data (unaudited)
 
The following summarized unaudited quarterly data includes all adjustments (consisting only of normal recurring adjustments, with the exception of those items indicated below), which Ferrellgas, L.P. considers necessary for a fair presentation. Due to the seasonality of the propane distribution industry, first and fourth quarter Revenues, gross margin from propane and other gas liquids sales and Net earnings are consistently less than the second and third quarter results. Other factors affecting the results of operations include competitive conditions, demand for product, timing of acquisitions, variations in the weather and fluctuations in propane prices.
For the year ended July 31, 2013
 
First quarter
 
Second quarter
 
Third quarter
 
Fourth quarter
Revenues
 
$
362,909

 
$
658,865

 
$
603,020

 
$
350,673

Gross margin from propane and other gas liquids sales (a)
 
121,624

 
206,838

 
195,201

 
123,343

Net earnings (loss)
 
$
(13,692
)
 
$
62,953

 
$
49,396

 
$
(25,282
)
 
 
 
 
 
 
 
 
 
For the year ended July 31, 2012
 
First quarter
 
Second quarter
 
Third quarter
 
Fourth quarter
Revenues
 
$
538,426

 
$
829,272

 
$
629,619

 
$
341,775

Gross margin from propane and other gas liquids sales (a)
 
111,097

 
178,967

 
155,123

 
113,872

Net earnings (loss)
 
$
(28,802
)
 
$
40,884

 
$
25,253

 
$
(31,746
)
(a)
Gross margin from “Propane and other gas liquids sales” represents “Revenues - Propane and other gas liquids sales” less “Cost of product sold – propane and other gas liquids sales.”