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Quarterly Data (Unaudited) (Tables)
12 Months Ended
Jul. 31, 2019
Interim Period, Costs Not Allocable [Line Items]  
Summarized Unaudited Quarterly Data

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the year ended July 31, 2019

    

First quarter

    

Second quarter

    

Third quarter

    

Fourth quarter

Revenues

 

$

352,309

 

$

573,377

 

$

479,625

 

$

279,081

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

 

 

130,830

 

 

238,581

 

 

209,167

 

 

127,764

Net earnings (loss)

 

 

(57,508)

 

 

43,875

 

 

20,760

 

 

(71,672)

Net earnings (loss) attributable to Ferrellgas Partners, L.P.

 

 

(57,015)

 

 

43,344

 

 

20,461

 

 

(71,037)

Common unitholders’ interest in net earnings (loss)

 

 

(56,445)

 

 

42,911

 

 

20,256

 

 

(70,327)

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic and diluted net earnings (loss) per common unitholders’ interest

 

$

(0.58)

 

$

0.44

 

$

0.21

 

$

(0.72)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the year ended July 31, 2018

    

First quarter

    

Second quarter

    

Third quarter

    

Fourth quarter

Revenues

 

$

454,655

 

$

755,156

 

$

515,810

 

$

347,521

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

 

 

123,243

 

 

229,321

 

 

190,883

 

 

126,115

Gross margin from midstream operations (b)

 

 

12,635

 

 

10,209

 

 

8,077

 

 

(4,161)

Net earnings (loss) (c)

 

 

(48,316)

 

 

(1,774)

 

 

11,062

 

 

(217,797)

Net earnings (loss) attributable to Ferrellgas Partners, L.P.

 

 

(47,915)

 

 

(1,843)

 

 

10,861

 

 

(215,684)

Common unitholders’ interest in net earnings (loss)

 

 

(47,436)

 

 

(1,824)

 

 

10,752

 

 

(213,527)

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic and diluted net earnings (loss) per common unitholders’ interest

 

$

(0.49)

 

$

(0.02)

 

$

0.11

 

$

(2.20)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the year ended July 31, 2017

    

First quarter

    

Second quarter

    

Third quarter

    

Fourth quarter

Revenues

 

$

379,542

 

$

579,250

 

$

538,109

 

$

433,376

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

 

 

123,187

 

 

202,346

 

 

171,950

 

 

126,774

Gross margin from midstream operations (b)

 

 

13,402

 

 

9,763

 

 

7,909

 

 

6,190

Net earnings (loss)

 

 

(43,471)

 

 

38,528

 

 

6,691

 

 

(56,249)

Net earnings (loss) attributable to Ferrellgas Partners, L.P.

 

 

(43,073)

 

 

38,098

 

 

6,536

 

 

(55,768)

Common unitholders’ interest in net earnings (loss)

 

 

(42,462)

 

 

37,717

 

 

6,470

 

 

(55,210)

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic and diluted net earnings (loss) per common unitholders’ interest

 

$

(0.44)

 

$

0.39

 

$

0.07

 

$

(0.57)


(a)

Gross margin from “Propane and other gas liquids sales” represents “Revenues - propane and other gas liquids sales” less “Cost of sales – propane and other gas liquids sales.”

(b)

Gross margin from “Midstream operations” represents “Revenues - midstream operations” less “Cost of sales - midstream operations.”

Includes asset impairment charges of $10.0 million in the second quarter of fiscal 2018.

Ferrellgas, L.P. [Member]  
Interim Period, Costs Not Allocable [Line Items]  
Summarized Unaudited Quarterly Data

.

 

 

 

 

 

 

 

 

 

 

 

 

 

For the year ended July 31, 2019

    

First quarter

    

Second quarter

    

Third quarter

    

Fourth quarter

Revenues

 

$

352,309

 

$

573,377

 

$

479,625

 

$

279,081

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

 

 

130,830

 

 

238,581

 

 

209,167

 

 

127,764

Net earnings (loss)

 

$

(48,814)

 

$

52,617

 

$

29,554

 

$

(62,874)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the year ended July 31, 2018

    

First quarter

    

Second quarter

    

Third quarter

    

Fourth quarter

Revenues

 

$

454,655

 

$

755,156

 

$

515,810

 

$

347,521

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

 

 

123,243

 

 

229,321

 

 

190,883

 

 

126,115

Gross margin from midstream operations (b)

 

 

12,635

 

 

10,209

 

 

8,077

 

 

(4,161)

Net earnings (loss) (c)

 

$

(39,699)

 

$

6,847

 

$

19,840

 

$

(209,134)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the year ended July 31, 2017

    

First quarter

    

Second quarter

    

Third quarter

    

Fourth quarter

Revenues

 

$

379,542

 

$

579,250

 

$

538,109

 

$

433,376

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

 

 

123,187

 

 

202,346

 

 

171,950

 

 

126,774

Gross margin from midstream operations (b)

 

 

13,402

 

 

9,763

 

 

7,909

 

 

6,190

Net earnings (loss)

 

$

(39,440)

 

$

42,600

 

$

15,395

 

$

(47,614)


(a)

Gross margin from “Propane and other gas liquids sales” represents “Revenues - propane and other gas liquids sales” less “Cost of sales – propane and other gas liquids sales.”

(b)

Gross margin from “Midstream operations” represents “Revenues - midstream operations” less “Cost of sales - midstream operations.”

Includes asset impairment charges of $10.0 million in the second quarter of fiscal 2018.