Derivative instruments and hedging activities (Tables)
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9 Months Ended |
Apr. 30, 2025 |
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| Schedule of fair value of financial derivatives balance sheet locations |
| | | | | | | | | | | | | | Final | April 30, 2025 | | | Maturity | Asset Derivatives | | Liability Derivatives | Derivative Instrument | | Date | Location | | Fair value | | Location | | Fair value | Derivatives designated as hedging instruments | | December 2026 | | | | | | | | | | Commodity derivatives-propane | | | Prepaid expenses and other current assets | | $ | 3,774 | | Other current liabilities | | $ | 1,701 | Commodity derivatives-propane | | | Other assets, net | | | 115 | | Other liabilities | | | 725 | | | | Total | | $ | 3,889 | | Total | | $ | 2,426 |
| | | | | | | | | | | | | | Final | July 31, 2024 | | | Maturity | Asset Derivatives | | Liability Derivatives | Derivative Instrument | | Date | Location | | Fair value | | Location | | Fair value | Derivatives designated as hedging instruments | | December 2025 | | | | | | | | | | Commodity derivatives-propane | | | Prepaid expenses and other current assets | | $ | 5,925 | | Other current liabilities | | $ | 4,379 | Commodity derivatives-propane | | | Other assets, net | | | 594 | | Other liabilities | | | 81 | | | | Total | | $ | 6,519 | | Total | | $ | 4,460 |
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| Schedule of cash margin balances as collateral |
| | | | | | | | | | | | | April 30, 2025 | | | Assets | | Liabilities | Description | | Location | | Amount | | Location | | Amount | Margin Balances | | Prepaid expense and other current assets | | $ | 3,596 | | Other current liabilities | | $ | 3,458 | | | Other assets, net | | | 1,469 | | Other liabilities | | | 323 | | | Total | | $ | 5,065 | | Total | | $ | 3,781 |
| | | | | | | | | | | | | July 31, 2024 | | | Assets | | Liabilities | Description | | Location | | Amount | | Location | | Amount | Margin Balances | | Prepaid expense and other current assets | | $ | 6,911 | | Other current liabilities | | $ | 3,111 | | | Other assets, net | | | 824 | | Other liabilities | | | 438 | | | Total | | $ | 7,735 | | Total | | $ | 3,549 |
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| Schedule of cash flow hedge derivative effect on comprehensive income |
| | | | | | | | | | | | | | For the three months ended April 30, 2025 | | | | | | | Amount of Gain | | | Amount of Loss | | Location of Gain | | Reclassified from | | | Recognized in | | Reclassified from | | AOCI into Income | Derivative Instrument | | AOCI | | AOCI into Income | | Effective portion | | Ineffective portion | Commodity derivatives | | $ | (2,674) | | Cost of sales - propane and other gas liquids sales | | $ | 5,512 | | $ | — |
| | | | | | | | | | | | | | For the three months ended April 30, 2024 | | | | | | | Amount of Gain | | | Amount of Loss | | Location of Gain | | Reclassified from | | | Recognized in | | Reclassified from | | AOCI into Income | Derivative Instrument | | AOCI | | AOCI into Income | | Effective portion | | Ineffective portion | Commodity derivatives | | $ | (1,180) | | Cost of sales - propane and other gas liquids sales | | $ | 5,179 | | $ | — |
| | | | | | | | | | | | | | For the nine months ended April 30, 2025 | | | | | | | | Amount of Gain | | | Amount of Gain | | Location of Loss | | Reclassified from | | | Recognized in | | Reclassified from | | AOCI into Income | Derivative Instrument | | AOCI | | AOCI into Income | | Effective portion | | Ineffective portion | Commodity derivatives | | $ | 7,081 | | Cost of sales - propane and other gas liquids sales | | $ | 7,677 | | $ | — |
| | | | | | | | | | | | | | For the nine months ended April 30, 2024 | | | | | | | Amount of Loss | | | Amount of Loss | | Location of Loss | | Reclassified from | | | Recognized in | | Reclassified from | | AOCI into Income | Derivative Instrument | | AOCI | | AOCI into Income | | Effective portion | | Ineffective portion | Commodity derivatives | | $ | (116) | | Cost of sales - propane and other gas liquids sales | | $ | (75) | | $ | — |
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| Schedule of changes in derivatives included in accumulated other comprehensive income |
| | | | | | | | | For the nine months ended April 30, | Gains and losses on derivatives included in AOCI | | 2025 | | 2024 | Beginning balance attributable to Ferrellgas Partners, L.P. | | $ | 2,025 | | $ | 1,059 | Change in value of risk management commodity derivatives | | | 7,081 | | | (116) | Reclassification of losses on commodity hedges to cost of sales - propane and other gas liquids sales, net | | | (7,677) | | | 75 | Less: amount attributable to noncontrolling interests | | | (6) | | | — | Ending balance attributable to Ferrellgas Partners, L.P. | | $ | 1,435 | | $ | 1,018 |
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| Ferrellgas, L.P. |
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| Schedule of changes in derivatives included in accumulated other comprehensive income |
| | | | | | | | | For the nine months ended April 30, | Gains and losses on derivatives included in AOCI | | 2025 | | 2024 | Beginning balance | | $ | 2,059 | | $ | 1,083 | Change in value of risk management commodity derivatives | | | 7,081 | | | (116) | Reclassification of losses on commodity hedges to cost of sales - propane and other gas liquids sales, net | | | (7,677) | | | 75 | Ending balance | | $ | 1,463 | | $ | 1,042 | | | | | | | |
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