v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Jun. 27, 2026
Jun. 28, 2025
Jun. 27, 2026
Jun. 28, 2025
Revenues        
Total Revenues $ 261,379 $ 260,150 $ 1,182,971 $ 1,221,142
Costs and expenses        
Cost of products sold [1] 101,051 99,559 439,390 489,083
Operating 124,980 117,528 391,639 380,058
General and administrative 16,451 18,737 74,368 75,501
Depreciation and amortization 16,673 18,735 49,788 53,434
Total Expenses 259,155 254,559 955,185 998,076
Operating income 2,224 5,591 227,786 223,066
Loss on debt extinguishment 0 0 1,183 0
Interest expense, net 18,848 18,881 58,298 59,060
Other, net 721 1,303 1,977 21,499
Income before provision for income taxes (17,345) (14,593) 166,328 142,507
Provision for income taxes 182 242 533 801
Net income $ (17,527) $ (14,835) $ 165,795 $ 141,706
Net income per Common Unit - basic $ (0.26) $ (0.23) $ 2.49 $ 2.18
Weighted average number of Common Units outstanding - basic 66,680 65,381 66,506 64,936
Net income per Common Unit - diluted $ (0.26) $ (0.23) $ 2.48 $ 2.17
Weighted average number of Common Units outstanding - diluted 66,680 65,381 66,856 65,330
Propane [Member]        
Revenues        
Total Revenues $ 226,960 $ 226,890 $ 1,044,492 $ 1,082,429
Fuel Oil and Refined Fuels [Member]        
Revenues        
Total Revenues 11,723 9,721 62,244 60,746
Natural Gas and Electricity [Member]        
Revenues        
Total Revenues 4,522 4,838 19,199 19,916
All Other        
Revenues        
Total Revenues $ 18,174 $ 18,701 $ 57,036 $ 58,051
[1] The cost of products sold reported in the condensed consolidated statements of operations represents the weighted average unit cost of propane, fuel oil and refined fuels, and natural gas and electricity sold, including transportation costs to deliver products from the Partnership’s supply points to storage locations or to the Partnership’s customer service centers. Cost of products sold also includes the cost of appliances and related parts sold or installed computed on a basis that approximates the average cost of the products. Cost of products sold does not include depreciation and amortization expense.