SUBURBAN PROPANE PARTNERS LP SPH Income Statement

Suburban propane partners lp (SPH)

Income statement / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Mar'10	Dec'09	Jun'09
Revenues
Total Revenues
401,055	333,878	172,012	214,212	504,377	377,104	192,918	241,936	536,282	373,277	197,106	222,895	450,578	317,307	161,015	205,099	404,140	275,857	174,344	220,302	599,389	422,944	241,286	297,143	873,772	526,056	243,672	290,805	678,426	490,703	226,345	179,601	357,626	299,886	181,580	216,563	464,102	328,307	168,029	198,070	469,163	301,432	184,372
Cost of products sold
150,118	118,600	59,285	78,596	201,522	182,585	85,407	95,392	246,642	165,189	73,935	92,094	192,467	118,165	56,941	75,497	137,009	92,506	57,594	94,198	253,667	187,921	121,544	161,482	517,198	280,526	121,630	148,176	346,999	245,100	118,308	88,776	208,401	183,574	107,208	125,175	259,832	186,504	92,999	106,627	248,459	150,366	87,463
Operating
110,588	106,876	97,590	97,804	108,154	99,409	90,875	96,347	111,828	98,439	90,515	97,070	110,420	99,349	97,009	103,316	107,560	104,871	116,501	100,168	120,465	107,117	105,354	115,991	131,731	113,313	109,875	118,314	126,371	114,936	96,168	65,369	71,293	65,942	67,498	68,747	76,007	69,077	67,938	68,634	78,508	74,487	72,295
General and administrative
13,436	19,274	16,096	16,445	21,988	16,505	16,561	14,705	18,205	16,775	17,159	12,968	12,164	15,047	15,896	14,547	15,208	15,498	13,510	15,040	20,437	19,309	13,488	13,253	20,517	17,335	13,785	13,465	19,763	17,832	18,789	13,778	14,158	12,295	14,249	12,618	10,576	14,205	14,275	13,386	20,257	13,738	13,108
Acquisition-related costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	5,950	-	-	-	0	-	-	-	-	-	-	-
Severance charge
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	2,000	-	-	-	0	-	-
Depreciation and amortization
29,288	29,274	30,027	30,151	30,623	30,071	30,629	31,259	32,203	31,131	32,182	31,825	32,670	31,261	32,540	32,288	33,150	31,638	34,706	32,730	33,229	32,629	35,298	32,992	33,282	34,827	37,036	31,505	31,316	30,527	23,128	8,472	7,649	7,785	9,324	9,670	8,454	8,180	7,740	8,868	7,142	7,084	7,713
Total Expenses
303,430	274,024	202,998	222,996	362,287	328,570	223,472	237,703	408,878	311,534	213,791	233,957	347,721	263,822	202,386	225,648	292,927	244,513	222,311	242,136	427,798	346,976	275,684	323,718	702,728	446,001	282,326	311,460	524,449	408,395	268,359	182,345	301,501	269,596	196,279	216,210	356,869	277,966	185,770	197,515	354,366	245,675	180,579
Loss on sale of business
-	-	-	-	-	-	0	0	0	-4,823	0	0	0	0	-	9,769	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operating income
97,625	59,854	-30,986	-8,784	142,090	48,534	-30,554	4,233	127,404	56,920	-16,685	-11,062	102,857	53,485	-41,371	-10,780	111,213	31,344	-47,967	-21,834	171,591	75,968	-34,398	-26,575	171,044	80,055	-38,654	-20,655	153,977	82,308	-42,014	-2,744	56,125	30,290	-14,699	353	107,233	50,341	-17,741	555	114,797	55,757	3,793
Loss on debt extinguishment
-109	-	-	-	0	-	-	-	-	-	-	0	-1,567	-	-	0	-292	-	-	0	-15,072	-	-	-11,589	0	-	-	0	-	-	-	0	-507	-	-	0	0	-	-	0	-9,473	-	-
Interest expense, net
19,176	19,072	18,622	18,906	19,647	19,488	18,955	19,512	19,402	19,514	20,443	18,502	17,487	18,831	18,703	18,638	18,852	18,893	18,991	18,933	19,711	19,999	146,356	-20,662	-21,226	-21,207	168,711	-24,385	-24,343	-24,556	-18,891	-6,479	-6,425	-6,838	-20,538	-6,867	-6,819	6,846	48,057	-6,808	-6,608	-7,183	10,068
Other, net
979	978	1,175	1,176	1,175	1,176	1,174	1,172	1,174	1,172	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income before (benefit from) provision for income taxes
77,361	39,804	-50,783	-28,866	121,268	27,870	-50,683	-16,451	106,828	36,234	-50,439	-29,564	83,803	34,654	-60,074	-29,418	92,069	12,451	-66,958	-40,767	136,808	55,969	-54,564	-58,826	149,818	58,848	-62,941	-45,040	129,634	57,752	-62,647	-9,223	49,193	23,452	-21,545	-6,514	100,414	43,495	-24,539	-6,253	98,716	48,574	-6,275
(Benefit from) provision for income taxes
0	-359	279	175	252	151	143	144	41	-934	151	152	-9	165	165	180	58	185	179	185	174	162	156	163	271	177	177	148	150	132	197	100	-380	220	147	273	98	366	292	363	328	199	1,160
Net income
77,361	40,163	-51,062	-29,041	121,016	27,719	-50,826	-16,595	106,787	37,168	-50,590	-29,716	83,812	34,489	-60,239	-29,598	92,011	12,266	-67,137	-40,952	136,634	55,807	-54,720	-58,989	149,547	58,671	-63,118	-45,188	129,484	57,620	-62,844	-9,323	49,573	23,232	-21,692	-6,787	100,316	43,129	-24,831	-6,616	98,388	48,375	-7,435
Net income per Common Unit - basic
1.24	0.65	-0.83	-0.47	1.96	0.45	-0.84	-0.27	1.74	0.61	-0.84	-0.48	1.37	0.57	-0.98	-0.49	1.51	0.20	-1.12	-0.67	2.26	0.92	-0.90	-0.98	2.47	0.97	-1.15	-0.77	2.26	1.01	-1.76	-0.26	1.39	0.65	-0.61	-0.19	2.82	1.22	-0.70	-0.19	2.78	1.37	-0.23
Weighted average number of Common Units outstanding - basic
62,325	62,142	62,546	62,009	61,776	61,637	61,834	61,598	61,463	61,333	61,361	61,290	61,203	61,042	61,218	61,004	60,857	60,745	60,805	60,699	60,573	60,523	60,648	60,462	60,425	60,389	60,427	58,730	57,185	57,170	48,567	35,653	35,600	35,572	106,489	35,540	35	35	141,389	35	35	35	32
Net income per Common Unit - diluted
1.23	0.64	-0.82	-0.47	1.94	0.45	-0.82	-0.27	1.73	0.60	-0.82	-0.48	1.36	0.56	-0.98	-0.49	1.51	0.20	-1.11	-0.67	2.24	0.92	-0.89	-0.98	2.46	0.97	-1.14	-0.77	2.25	1.00	-1.75	-0.26	1.38	0.65	-0.61	-0.19	2.81	1.21	-0.69	-0.19	2.76	1.36	-0.23
Weighted average number of Common Units outstanding - diluted
62,668	62,414	63,327	62,009	62,225	61,903	62,472	61,598	61,793	61,525	62,143	61,290	61,503	61,232	61,604	61,004	61,135	60,961	61,216	60,699	60,917	60,796	61,230	60,462	60,692	60,620	60,882	58,730	57,441	57,347	48,691	35,653	35,839	35,777	107,280	35,540	35	35	142,345	35	35	35	32
Propane [Member]
Total Revenues
347,686	285,425	145,978	183,052	433,056	321,360	162,979	205,400	462,814	322,130	167,559	188,406	385,654	269,459	132,156	172,322	348,216	231,475	142,455	181,259	498,616	354,650	197,569	242,173	728,504	438,594	193,003	230,777	540,537	392,785	176,852	142,681	283,759	240,356	142,524	169,258	358,309	259,401	127,049	155,538	369,341	233,531	139,571
Fuel Oil and Refined Fuels [Member]
Total Revenues
31,502	25,891	8,656	12,921	41,598	28,909	9,106	15,400	41,699	25,315	8,514	12,886	34,630	22,096	6,798	12,459	28,814	20,688	11,096	17,043	60,426	38,930	19,796	26,898	93,722	54,268	22,990	31,026	92,795	62,146	22,026	17,533	43,748	30,981	15,124	22,528	63,518	38,402	14,411	20,090	61,311	39,247	23,091
Natural Gas and Electricity [Member]
Total Revenues
10,198	8,721	6,679	7,527	17,596	13,404	10,366	10,403	20,392	13,147	10,874	11,923	19,239	13,067	12,531	10,596	15,962	11,674	10,756	11,861	28,281	15,967	12,782	16,912	39,083	18,316	15,179	16,132	29,732	18,389	15,541	12,119	21,708	18,051	16,373	16,691	32,689	18,968	18,276	13,608	28,841	16,862	12,147
All Other [Member]
Total Revenues
11,669	13,841	10,699	10,712	12,127	13,431	10,467	10,733	11,377	12,685	10,159	9,680	11,055	12,685	9,530	9,722	11,148	12,020	10,037	10,139	12,066	13,397	11,139	11,160	12,463	14,878	12,500	12,870	15,362	17,383	11,926	7,268	8,411	10,498	7,559	8,086	9,586	11,536	8,293	8,834	9,670	11,792	9,563