XML 55 R36.htm IDEA: XBRL DOCUMENT v3.7.0.1
Accounts And Notes Receivable, Net And Accounts Receivable Securitization (Tables)
12 Months Ended
Jul. 31, 2017
Schedule of Line of Credit Facilities [Table Text Block]
On April 28, 2017, the minimum consolidated interest coverage ratio was modified as follows:

 
 
Minimum consolidated interest coverage ratio
 
Minimum consolidated interest coverage ratio
Date
 
(prior to fifth amendment)
 
(after fifth amendment)
July 31, 2017
 
2.50

 
1.75

October 31, 2017
 
2.50

 
1.75

January 31, 2018
 
2.50

 
1.75

April 30, 2018
 
2.50

 
1.75

July 31, 2018 & thereafter
 
2.50

 
2.50

On April 28, 2017, the minimum consolidated interest coverage ratio was modified as follows:

 
 
Minimum consolidated interest coverage ratio
 
Minimum consolidated interest coverage ratio
Date
 
(prior to sixth amendment)
 
(after sixth amendment)
July 31, 2017
 
2.50

 
1.75

October 31, 2017
 
2.50

 
1.75

January 31, 2018
 
2.50

 
1.75

April 30, 2018
 
2.50

 
1.75

July 31, 2018 & thereafter
 
2.50

 
2.50

Maximum Leverage Ratio
On April 28, 2017, the maximum consolidated leverage covenant was modified as follows:

 
 
Maximum leverage ratio
 
Maximum leverage ratio
Date
 
(prior to fifth amendment)
 
(after fifth amendment)
July 31, 2017
 
6.05

 
7.75

October 31, 2017
 
5.95

 
7.75

January 31, 2018
 
5.95

 
7.75

April 30, 2018
 
5.50

 
7.75

July 31, 2018 & thereafter
 
5.50

 
5.50

On April 28, 2017, the maximum consolidated leverage covenant was modified as follows:

 
 
Maximum leverage ratio
 
Maximum leverage ratio
Date
 
(prior to sixth amendment)
 
(after sixth amendment)
July 31, 2017
 
6.05

 
7.75

October 31, 2017
 
5.95

 
7.75

January 31, 2018
 
5.95

 
7.75

April 30, 2018
 
5.50

 
7.75

July 31, 2018 & thereafter
 
5.50

 
5.50

Accounts And Notes Receivable
Accounts and notes receivable, net consist of the following:
 
2017
 
2016
Accounts receivable pledged as collateral
$
109,407

 
$
106,464

Accounts receivable
47,346

 
43,148

Note receivable - Jamex, current portion
10,000

 
5,000

Other
307

 
38

Less: Allowance for doubtful accounts
(1,976
)
 
(5,067
)
Accounts and notes receivable, net
$
165,084

 
$
149,583

Ferrellgas, L.P. [Member]  
Schedule of Line of Credit Facilities [Table Text Block]
On April 28, 2017, the minimum consolidated interest coverage ratio was modified as follows:

 
 
Minimum consolidated interest coverage ratio
 
Minimum consolidated interest coverage ratio
Date
 
(prior to fifth amendment)
 
(after fifth amendment)
July 31, 2017
 
2.50

 
1.75

October 31, 2017
 
2.50

 
1.75

January 31, 2018
 
2.50

 
1.75

April 30, 2018
 
2.50

 
1.75

July 31, 2018 & thereafter
 
2.50

 
2.50

On April 28, 2017, the minimum consolidated interest coverage ratio was modified as follows:

 
 
Minimum consolidated interest coverage ratio
 
Minimum consolidated interest coverage ratio
Date
 
(prior to sixth amendment)
 
(after sixth amendment)
July 31, 2017
 
2.50

 
1.75

October 31, 2017
 
2.50

 
1.75

January 31, 2018
 
2.50

 
1.75

April 30, 2018
 
2.50

 
1.75

July 31, 2018 & thereafter
 
2.50

 
2.50

Maximum Leverage Ratio
On April 28, 2017, the maximum consolidated leverage covenant was modified as follows:

 
 
Maximum leverage ratio
 
Maximum leverage ratio
Date
 
(prior to fifth amendment)
 
(after fifth amendment)
July 31, 2017
 
6.05

 
7.75

October 31, 2017
 
5.95

 
7.75

January 31, 2018
 
5.95

 
7.75

April 30, 2018
 
5.50

 
7.75

July 31, 2018 & thereafter
 
5.50

 
5.50

On April 28, 2017, the maximum consolidated leverage covenant was modified as follows:

 
 
Maximum leverage ratio
 
Maximum leverage ratio
Date
 
(prior to sixth amendment)
 
(after sixth amendment)
July 31, 2017
 
6.05

 
7.75

October 31, 2017
 
5.95

 
7.75

January 31, 2018
 
5.95

 
7.75

April 30, 2018
 
5.50

 
7.75

July 31, 2018 & thereafter
 
5.50

 
5.50

Accounts And Notes Receivable
Accounts and notes receivable, net consist of the following:
 
2017
 
2016
Accounts receivable pledged as collateral
$
109,407

 
$
106,464

Accounts receivable
47,346

 
43,148

Note receivable - Jamex, current portion
10,000

 
5,000

Other
307

 
38

Less: Allowance for doubtful accounts
(1,976
)
 
(5,067
)
Accounts and notes receivable, net
$
165,084

 
$
149,583