Ferrellgas Partners L P FGP Income Statement

Ferrellgas partners l p (FGP)

Income statement / Quarterly

Jan'20	Oct'19	Jul'19	Apr'19	Jan'19	Oct'18	Jul'18	Apr'18	Jan'18	Oct'17	Jul'17	Apr'17	Jan'17	Oct'16	Jul'16	Apr'16	Jan'16	Oct'15	Jul'15	Apr'15	Jan'15	Oct'14	Jul'14	Apr'14	Jan'14	Oct'13	Jul'13	Apr'13	Jan'13	Oct'12	Jul'12	Apr'12	Jan'12	Oct'11	Jul'11	Apr'11	Jan'11	Oct'10	Jul'10	Apr'10	Jan'10	Oct'09
Revenues:
Revenues
510,833	293,214	279,081	479,625	573,377	352,309	-	515,810	755,156	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Propane and other gas liquids sales
-	-	-	-	-	-	-	-	-	302,758	-	369,437	437,375	242,399	241,282	338,929	376,856	245,301	256,121	445,667	560,867	394,361	350,557	625,117	789,446	382,223	312,504	508,408	583,074	335,281	310,515	556,644	779,567	514,219	421,746	647,709	774,179	368,623	312,280	536,024	724,348	327,666
Midstream operations
-	-	-	-	-	-	-	-	-	120,760	-	126,676	96,787	108,044	137,811	105,424	188,333	193,670	86,827	5,293	7,153	7,916	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other
-	-	-	-	-	-	-	-	-	31,137	-	41,996	45,088	29,099	30,418	65,119	84,049	32,175	39,563	81,591	97,953	41,078	41,038	97,000	80,237	32,807	38,169	94,612	75,791	27,628	31,260	72,975	49,705	24,207	27,912	84,664	66,813	31,569	41,568	79,266	53,504	24,404
Total revenues
-	-	-	-	-	-	-	-	-	454,655	-	538,109	579,250	379,542	409,511	509,472	649,238	471,146	382,511	532,551	665,973	443,355	399,030	722,117	869,683	415,030	350,673	603,020	658,865	362,909	341,775	629,619	829,272	538,426	449,658	732,373	840,992	400,192	353,848	615,290	777,852	352,070
Costs and expenses:
Cost of sales - propane and other gas liquids sales
-	-	-	-	-	-	-	-	-	179,515	-	197,487	235,029	119,212	115,592	152,261	174,829	121,751	128,034	253,684	330,692	264,814	223,872	422,256	551,506	258,754	189,161	313,207	376,236	213,657	196,643	401,521	600,600	403,122	310,341	483,101	559,416	256,486	197,318	355,316	503,980	200,920
Cost of sales - midstream operations
-	-	-	-	-	-	-	-	-	108,125	-	118,767	87,024	94,642	97,335	71,852	148,443	153,604	70,526	1,877	2,219	1,968	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cost of sales - other
-	-	-	-	-	-	-	-	-	13,702	-	20,810	20,657	11,746	14,812	41,203	55,774	14,448	23,025	57,709	68,071	21,892	24,739	69,388	48,709	13,346	21,108	66,714	47,437	9,197	15,112	49,117	24,468	6,626	13,038	60,074	38,500	12,858	26,118	51,132	25,208	6,180
Operating expense - personnel, vehicle, plant and other
128,233	114,543	117,327	119,991	121,219	110,331	120,991	116,579	123,716	110,462	109,477	104,773	113,076	105,086	111,711	115,271	115,997	116,199	116,311	107,504	107,214	106,428	114,393	115,089	118,282	103,764	101,503	107,610	106,192	97,145	100,801	95,934	104,414	100,578	100,571	104,383	110,688	95,396	101,014	106,560	104,550	96,890
Operating expense - equipment lease expense
8,261	8,388	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Equipment lease expense, preadoption
-	-	8,476	8,319	8,415	7,863	7,444	7,133	6,954	6,741	7,089	7,270	7,416	7,349	7,279	7,244	7,278	7,032	6,599	6,347	5,795	5,532	4,767	4,638	4,274	4,066	4,135	4,098	3,827	3,923	3,802	3,789	3,528	3,529	3,593	3,650	3,543	3,649	3,281	3,259	3,127	3,774
Depreciation and amortization expense
19,795	19,219	19,632	20,617	19,605	18,992	25,230	25,348	25,485	25,732	25,805	25,737	25,607	26,202	37,815	38,352	37,367	36,979	28,003	23,324	23,943	23,309	22,431	20,913	20,643	20,215	20,822	20,896	20,751	20,875	21,002	21,123	21,042	20,674	22,091	20,030	19,990	20,375	20,469	20,848	20,647	20,527
General and administrative expense
14,192	9,695	17,957	11,516	16,342	14,179	14,668	11,678	14,891	13,164	13,091	9,978	12,279	14,269	14,105	13,314	10,072	19,144	32,069	10,902	10,872	23,395	17,407	16,860	16,475	14,414	14,077	15,232	12,717	11,155	11,626	9,236	11,236	11,114	12,743	18,937	18,947	11,264	14,755	11,893	11,346	13,778
Non-cash employee stock ownership plan compensation charge
630	795	-	-4	1,944	2,748	-	2,738	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Non-cash employee stock ownership plan compensation charge
-	-	-	-	-	-	-	-	4,031	3,962	3,692	4,697	2,945	3,754	9,220	9,978	3,141	5,256	7,985	8,566	3,788	4,374	11,400	3,710	3,636	3,043	3,096	2,824	7,447	2,402	2,721	2,203	1,937	2,579	2,190	2,591	2,932	2,444	2,361	2,698	2,261	2,002
Goodwill impairment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	29,316	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Asset impairments
-	-	-	-	-	-	-	-	10,005	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss on asset sales and disposals
-2,148	-2,235	-2,565	-1,683	-2,216	-4,504	-	-6,270	-39,249	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss on asset sales and disposals
-	-	-	-	-	-	-	-	-	-895	-	-2,393	-45	-6,423	-24,221	5,779	2,524	-14,917	-2,521	-2,203	-1,414	-961	-3,060	-1,732	-1,337	-357	-4,693	-3,337	-2,120	-271	-3,983	-1,220	-523	-309	-2,799	-463	-603	232	-3,005	-2,696	-1,122	-1,662
Operating income
96,378	630	-26,958	64,794	88,683	-13,491	-175,651	51,277	40,053	-7,643	-16,861	46,197	75,172	-9,141	-634,775	54,218	93,813	-47,500	-32,562	60,435	111,965	-9,318	-25,009	67,531	104,821	-2,929	-7,922	69,102	82,138	4,284	-13,915	45,476	61,524	-10,105	-17,708	39,144	86,373	-2,048	-14,473	60,888	105,611	6,337
Interest expense
47,548	45,697	44,688	44,162	44,891	43,878	44,612	40,375	42,673	40,807	40,378	39,860	36,819	35,428	35,048	34,371	34,730	33,788	28,599	23,510	24,375	23,912	22,130	20,189	22,090	22,093	22,007	22,084	22,619	22,435	22,350	23,471	24,046	23,387	23,680	24,933	26,395	26,877	26,440	25,933	26,216	22,695
Loss on extinguishment of debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-20,901	-301	0	0	0	0	-	-	-	-	-	-10,513	-36,449	-	0	-3,408	0	-17,308
Other income (expense), net
76	-132	13	251	86	19	-494	227	684	511	41	162	763	508	199	331	-298	-122	65	212	-178	-449	-977	225	57	216	48	185	241	91	258	201	80	-33	58	243	88	178	-23	-529	-863	307
Loss before income taxes
48,906	-45,199	-71,633	20,883	43,878	-57,350	-220,757	11,129	-1,936	-47,939	-57,198	6,499	39,116	-44,061	-669,624	20,178	58,785	-81,410	-61,096	37,137	87,412	-33,679	-48,116	47,567	61,887	-25,107	-29,881	47,203	59,760	-18,060	-36,007	22,206	37,558	-33,525	-41,330	3,941	23,617	-28,747	-40,936	31,018	78,532	-33,359
Income tax expense
115	518	39	123	3	158	-2,960	67	-162	377	-949	-192	588	-590	-1,482	1,260	1,030	-844	-1,763	917	1,041	-510	125	1,677	764	-50	-821	2,023	917	-264	-157	1,144	771	-630	-47	572	1,198	-482	-90	1,754	674	-422
Net earnings (loss)
48,791	-45,717	-71,672	20,760	43,875	-57,508	-217,797	11,062	-1,774	-48,316	-56,249	6,691	38,528	-43,471	-668,142	18,918	57,755	-80,566	-59,333	36,220	86,371	-33,169	-48,241	45,890	61,123	-25,057	-29,060	45,180	58,843	-17,796	-35,850	21,062	36,787	-32,895	-41,283	3,369	22,419	-28,265	-40,846	29,264	77,858	-32,937
Net earnings (loss) attributable to noncontrolling interest
584	-373	-635	299	531	-493	-2,113	201	69	-401	-481	155	430	-398	-6,708	233	628	-773	-558	408	913	-294	-446	505	659	-214	-256	499	636	-138	-321	255	413	-291	-376	196	290	-222	-346	401	847	-272
Net earnings (loss)
48,207	-45,344	-71,037	20,461	43,344	-57,015	-215,684	10,861	-1,843	-47,915	-55,768	6,536	38,098	-43,073	-661,434	18,685	57,127	-79,793	-58,775	35,812	85,458	-32,875	-47,795	45,385	60,464	-24,843	-28,804	44,681	58,207	-17,658	-35,529	20,807	36,374	-32,604	-40,907	3,173	22,129	-28,043	-40,500	28,863	77,011	-32,665
Less: General partner's interest in net earnings (loss)
-482	453	710	-205	-433	570	2,157	-109	19	479	558	-66	-381	431	6,614	-187	-571	798	11,688	-358	-11,955	329	3,537	-454	-3,663	248	2,844	-447	-3,138	177	356	-208	-364	326	409	-32	-221	280	12,249	-289	-12,614	327
Common unitholders' interest in net earnings ( loss)
47,725	-44,891	-70,327	20,256	42,911	-56,445	-213,527	10,752	-1,824	-47,436	-55,210	6,470	37,717	-42,642	-654,820	18,498	56,556	-78,995	-47,087	35,454	73,503	-32,546	-44,258	44,931	56,801	-24,595	-25,960	44,234	55,069	-17,481	-35,173	20,599	36,010	-32,278	-40,498	3,141	21,908	-27,763	-28,251	28,574	64,397	-32,338
Basic and diluted net earnings (loss) per common unit
0.49	-0.46	-0.72	0.21	0.44	-0.58	-2.19	0.11	-0.02	-0.49	-0.57	0.07	0.39	-0.44	-6.66	0.19	0.58	-0.79	-0.57	0.43	0.89	-0.40	-0.57	0.57	0.72	-0.31	-0.33	0.56	0.70	-0.22	-0.45	0.26	0.47	-0.42	-0.55	0.04	0.31	-0.40	-	0.41	-	-
Cash distributions declared or paid per unit
0.00	0.00	-	0.00	0.00	0.00	-	0.10	0.10	0.10	-	0.10	0.10	0.10	-	0.51	0.51	0.51	-	0.50	0.50	0.50	-	0.50	0.50	0.50	-	0.50	0.50	0.50	-	-	-	-	-	-	-	-	-	-	-	-
Common Stock, Dividends, Per Share, Declared
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.50	0.50	0.50	0.50	0.50	0.50	0.50	0.50	-	-	-	-
Cash distributions declared per common unit
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.50	-	-
Basic and diluted net earnings (loss) per common unitholders' interest
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-0
Cash distributions declared per common unit
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Ferrellgas, L.P. [Member]
Revenues
510,833	293,214	279,081	479,625	573,377	352,309	-	515,810	755,156	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operating expense - personnel, vehicle, plant and other
128,233	114,543	117,327	119,991	121,219	110,331	-	116,579	123,716	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operating expense - equipment lease expense
8,261	8,388	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Equipment lease expense, preadoption
-	-	8,476	8,319	8,415	7,863	-	7,133	6,954	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Depreciation and amortization expense
19,795	19,219	19,632	20,617	19,605	18,992	-	25,348	25,485	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
General and administrative expense
14,085	9,696	17,952	11,512	16,341	14,175	-	11,546	14,890	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Non-cash employee stock ownership plan compensation charge
630	795	-	-4	1,944	2,748	-	2,738	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Non-cash employee stock ownership plan compensation charge
-	-	-	-	-	-	-	-	4,031	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Asset impairments
-	-	-	-	-	-	-	-	10,005	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss on asset sales and disposals
-2,148	-2,235	-2,565	-1,683	-2,216	-4,504	-	-6,270	-39,249	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operating income
96,485	629	-26,953	64,798	88,684	-13,487	-	51,409	40,054	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest expense
38,690	36,877	35,895	35,395	36,150	35,195	-	31,739	34,058	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other income (expense), net
76	-132	13	251	86	19	-	227	684	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss before income taxes
57,871	-36,380	-62,835	29,654	52,620	-48,663	-	19,897	6,680	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income tax expense
115	518	39	100	3	151	-	57	-167	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net earnings (loss)
57,756	-36,898	-62,874	29,554	52,617	-48,814	-	19,840	6,847	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net loss
-	-	-	29,554	-	-	-	19,840	6,847	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Propane [Member]
Revenues
485,247	273,385	264,224	459,556	550,112	334,966	-	451,302	592,239	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cost of sales
237,843	134,028	-	-	311,531	204,136	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cost of sales
-	-	-	250,389	-	-	-	260,419	362,918	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Midstream Operations [Member]
Revenues
-	-	-	-	-	-	-	22,595	117,276	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cost of sales
-	-	-	-	-	-	-	14,518	107,067	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other Revenues
Revenues
25,586	19,829	14,857	20,069	23,265	17,343	-	41,913	45,641	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cost of sales
3,353	3,681	-	-	3,422	3,047	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Product and Service, Other [Member]
Cost of sales
-	-	-	2,320	-	-	-	19,850	20,787	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Ferrellgas Partners Finance Corp. [Member]
General and administrative expense
0	0	-1	1	1	1	-	1	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net earnings (loss)
0	-0	1	-1	-1	-1	-	-1	-0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Ferrellgas Finance Corp. [Member]
General and administrative expense
2,888	1	-3,846	0	3,850	1	-	-	3	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net earnings (loss)
-2,888	-1	3,846	-0	-3,850	-1	-	-	-3	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-