CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) |
3 Months Ended | 9 Months Ended | ||
---|---|---|---|---|
Apr. 30, 2025 |
Apr. 30, 2024 |
Apr. 30, 2025 |
Apr. 30, 2024 |
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Revenues: | ||||
Total revenues | $ 560,847,000 | $ 515,774,000 | $ 1,594,708,000 | $ 1,496,664,000 |
Costs and expenses: | ||||
Operating expense - personnel, vehicle, plant and other | 159,392,000 | 150,629,000 | 478,306,000 | 454,913,000 |
Operating expense - equipment lease expense | 3,833,000 | 5,275,000 | 14,333,000 | 15,994,000 |
Depreciation and amortization expense | 24,336,000 | 25,340,000 | 73,006,000 | 74,179,000 |
General and administrative expense | 12,721,000 | 13,305,000 | 167,361,000 | 43,321,000 |
Non-cash employee stock ownership plan compensation charge | 802,000 | 880,000 | 2,358,000 | 2,500,000 |
Loss on asset sales and disposals | 855,000 | 130,000 | 4,546,000 | 1,847,000 |
Operating income | 87,290,000 | 76,739,000 | 92,007,000 | 202,245,000 |
Interest expense | (28,142,000) | (24,685,000) | (82,116,000) | (73,205,000) |
Other income, net | 779,000 | 1,324,000 | 1,957,000 | 3,509,000 |
Earnings before income taxes | 59,927,000 | 53,378,000 | 11,848,000 | 132,549,000 |
Income tax expense | 378,000 | 240,000 | 943,000 | 711,000 |
Net earnings | 59,549,000 | 53,138,000 | 10,905,000 | 131,838,000 |
Net earnings (loss) attributable to noncontrolling interest | 444,000 | 372,000 | (375,000) | 839,000 |
Net earnings attributable to Ferrellgas Partners, L.P. | 59,105,000 | 52,766,000 | 11,280,000 | 130,999,000 |
Class A unitholders' interest in net earnings (loss) (Note M) | $ 6,127,000 | $ (63,802,000) | $ (36,919,000) | $ (18,853,000) |
Class A Limited Partner Units | ||||
Costs and expenses: | ||||
Basic and diluted net earnings (loss) per Class A Unit (Note M) | $ 1.26 | $ (13.13) | $ (7.6) | $ (3.88) |
Propane and other gas liquids sales | ||||
Revenues: | ||||
Total revenues | $ 533,546,000 | $ 490,057,000 | $ 1,507,371,000 | $ 1,413,200,000 |
Costs and expenses: | ||||
Cost of sales | 267,891,000 | 240,281,000 | 750,953,000 | 690,299,000 |
Other | ||||
Revenues: | ||||
Total revenues | 27,301,000 | 25,717,000 | 87,337,000 | 83,464,000 |
Costs and expenses: | ||||
Cost of sales | 3,727,000 | 3,195,000 | 11,838,000 | 11,366,000 |
Ferrellgas, L.P. | ||||
Revenues: | ||||
Total revenues | 560,847,000 | 515,774,000 | 1,594,708,000 | 1,496,664,000 |
Costs and expenses: | ||||
Operating expense - personnel, vehicle, plant and other | 159,392,000 | 150,629,000 | 478,306,000 | 454,913,000 |
Operating expense - equipment lease expense | 3,833,000 | 5,275,000 | 14,333,000 | 15,994,000 |
Depreciation and amortization expense | 24,336,000 | 25,340,000 | 73,006,000 | 74,179,000 |
General and administrative expense | 12,720,000 | 13,292,000 | 167,359,000 | 43,313,000 |
Non-cash employee stock ownership plan compensation charge | 802,000 | 880,000 | 2,358,000 | 2,500,000 |
Loss on asset sales and disposals | 855,000 | 130,000 | 4,546,000 | 1,847,000 |
Operating income | 87,291,000 | 76,752,000 | 92,009,000 | 202,253,000 |
Interest expense | (28,142,000) | (24,685,000) | (82,116,000) | (73,205,000) |
Other income, net | 776,000 | 1,002,000 | 1,944,000 | 3,190,000 |
Earnings before income taxes | 59,925,000 | 53,069,000 | 11,837,000 | 132,238,000 |
Income tax expense | 324,000 | 206,000 | 889,000 | 659,000 |
Net earnings | 59,601,000 | 52,863,000 | 10,948,000 | 131,579,000 |
Ferrellgas, L.P. | Propane and other gas liquids sales | ||||
Revenues: | ||||
Total revenues | 533,546,000 | 490,057,000 | 1,507,371,000 | 1,413,200,000 |
Costs and expenses: | ||||
Cost of sales | 267,891,000 | 240,281,000 | 750,953,000 | 690,299,000 |
Ferrellgas, L.P. | Other | ||||
Revenues: | ||||
Total revenues | 27,301,000 | 25,717,000 | 87,337,000 | 83,464,000 |
Costs and expenses: | ||||
Cost of sales | 3,727,000 | 3,195,000 | 11,838,000 | 11,366,000 |
Ferrellgas Partners Finance Corp | ||||
Costs and expenses: | ||||
General and administrative expense | 225 | 225 | 366 | 278 |
Net earnings | (225) | (225) | (366) | (278) |
Ferrellgas Finance Corp | ||||
Costs and expenses: | ||||
General and administrative expense | 225 | 624 | 325 | 677 |
Net earnings | $ (225) | $ (624) | $ (325) | $ (677) |
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- Definition Cost of product sold and service rendered, excluding depreciation, depletion, and amortization. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition The aggregate expense recognized in the current period that allocates the cost of tangible assets, intangible assets, or depleting assets to periods that benefit from use of the assets. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The amount of plan compensation cost recognized during the period. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of gain (loss) on sale or disposal of assets, including but not limited to property plant and equipment, intangible assets and equity in securities of subsidiaries or equity method investee. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition The aggregate total of expenses of managing and administering the affairs of an entity, including affiliates of the reporting entity, which are not directly or indirectly associated with the manufacture, sale or creation of a product or product line. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of the cost of borrowed funds accounted for as interest expense for debt. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Aggregate amount of net income allocated to limited partners. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of Net Income (Loss) attributable to noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The amount of net income or loss for the period per each limited partnership and general partnership unit in instances when basic and diluted earnings per unit are the same amount and aggregated on the face of the financial statements. Basic earnings per unit is the amount of net income or loss for the period per unit outstanding during the reporting period. Diluted earnings per unit includes the amount of net income or loss for the period available to each limited and general partnership unit outstanding during the reporting period and to each unit that would have been outstanding assuming the issuance of units for all dilutive potential units outstanding during the reporting period. No definition available.
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- Definition The aggregate amount of income or expense from ancillary business-related activities (that is to say, excluding major activities considered part of the normal operations of the business). Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The net result for the period of deducting operating expenses from operating revenues. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount of operating lease expense. Excludes sublease income. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition The total amount of other operating cost and expense items that are associated with the entity's normal revenue producing operation. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount, excluding tax collected from customer, of revenue from satisfaction of performance obligation by transferring promised good or service to customer. Tax collected from customer is tax assessed by governmental authority that is both imposed on and concurrent with specific revenue-producing transaction, including, but not limited to, sales, use, value added and excise. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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