Supplemental Financial Statement Information

6 Months Ended

Jan. 31, 2019

Supplemental Financial Statement Information [Line Items]

Supplemental Financial Statement Information

C.    Supplemental financial statement information

Inventories consist of the following:

	January 31, 2019		July 31, 2018
Propane gas and related products	$	74,964	$	71,180
Appliances, parts and supplies, and other		14,820		12,514
Inventories	$	89,784	$	83,694

In addition to inventories on hand, Ferrellgas enters into contracts to take delivery of propane for supply procurement purposes with terms that generally do not exceed 36 months. Most of these contracts call for payment based on market prices at the date of delivery. As of January 31, 2019, Ferrellgas had committed, for supply procurement purposes, to take delivery of approximately 14 million gallons of propane at fixed prices.

Other assets, net consist of the following:

	January 31, 2019		July 31, 2018
Notes receivable, less current portion	$	27,646	$	27,491
Other		44,893		47,097
Other assets, net	$	72,539	$	74,588

Other current liabilities consist of the following:

	January 31, 2019		July 31, 2018
Accrued interest	$	21,963	$	22,222
Customer deposits and advances		26,323		22,829
Other		98,967		96,974
Other current liabilities	$	147,253	$	142,025

Shipping and handling expenses are classified in the following condensed consolidated statements of operations line items:

	For the three months ended January 31,				For the six months ended January 31,
	2019		2018		2019		2018
Operating expense	$	60,279	$	54,613	$	107,721	$	97,928
Depreciation and amortization expense		1,389		1,123		2,462		2,235
Equipment lease expense		7,869		6,296		15,388		12,364
	$	69,537	$	62,032	$	125,571	$	112,527

Certain cash flow and significant non-cash activities are presented below:

	For the six months ended January 31,
	2019		2018
Cash paid for:
Interest	$	82,941	$	78,682
Income taxes	$	2	$	12
Non-cash investing and financing activities:
Liabilities incurred in connection with acquisitions	$	1,174	$	1,508
Change in accruals for property, plant and equipment additions	$	2,815	$	47

Ferrellgas, L.P. [Member]

Supplemental Financial Statement Information [Line Items]

Supplemental Financial Statement Information

C.    Supplemental financial statement information

Inventories consist of the following:

	January 31, 2019		July 31, 2018
Propane gas and related products	$	74,964	$	71,180
Appliances, parts and supplies, and other		14,820		12,514
Inventories	$	89,784	$	83,694

In addition to inventories on hand, Ferrellgas, L.P. enters into contracts to take delivery of propane for supply procurement purposes with terms that generally do not exceed 36 months. Most of these contracts call for payment based on market prices at the date of delivery. As of January 31, 2019, Ferrellgas, L.P. had committed, for supply procurement purposes, to take delivery of approximately 14 million gallons of propane at fixed prices.

Other assets, net consist of the following:

	January 31, 2019		July 31, 2018
Notes receivable, less current portion	$	27,646	$	27,491
Other		44,893		47,097
Other assets, net	$	72,539	$	74,588

Other current liabilities consist of the following:

	January 31, 2019		July 31, 2018
Accrued interest		18,029		18,288
Customer deposits and advances		26,323		22,829
Other		98,967		96,974
Other current liabilities	$	143,319	$	138,091

Shipping and handling expenses are classified in the following condensed consolidated statements of operations line items:

	For the three months ended January 31,				For the six months ended January 31,
	2019		2018		2019		2018
Operating expense	$	60,279	$	54,613	$	107,721	$	97,928
Depreciation and amortization expense		1,389		1,123		2,462		2,235
Equipment lease expense		7,869		6,296		15,388		12,364
	$	69,537	$	62,032	$	125,571	$	112,527

Certain cash flow and significant non-cash activities are presented below:

	For the six months ended January 31,
	2019		2018
Cash paid for:
Interest	$	67,546	$	63,286
Income taxes	$	9	$	1
Non-cash investing and financing activities:
Liabilities incurred in connection with acquisitions	$	1,174	$	1,508
Change in accruals for property, plant and equipment additions	$	2,815	$	47