2022 Q1 Form 10-Q Financial Statement

#000156459022018087 Filed on May 05, 2022

View on sec.gov

Income Statement

Concept 2022 Q1 2021 Q1
Revenue $588.1M $537.2M
YoY Change 9.47% 33.96%
Cost Of Revenue $239.0M $231.6M
YoY Change 3.22% 54.26%
Gross Profit $349.1M $305.7M
YoY Change 14.2% 21.81%
Gross Profit Margin 59.36% 56.9%
Selling, General & Admin $23.62M $21.98M
YoY Change 7.47% 63.59%
% of Gross Profit 6.77% 7.19%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $14.06M $27.35M
YoY Change -48.58% -6.63%
% of Gross Profit 4.03% 8.95%
Operating Expenses $157.1M $158.5M
YoY Change -0.89% 3.39%
Operating Profit $192.0M $147.2M
YoY Change 30.45% 50.74%
Interest Expense -$15.25M $18.09M
YoY Change -184.31% -5.65%
% of Operating Profit -7.95% 12.29%
Other Income/Expense, Net -$1.234M -$1.582M
YoY Change -22.0% 61.59%
Pretax Income $175.5M $127.5M
YoY Change 37.64% 64.79%
Income Tax $371.0K $267.0K
% Of Pretax Income 0.21% 0.21%
Net Earnings $175.1M $127.2M
YoY Change 37.64% 64.44%
Net Earnings / Revenue 29.77% 23.68%
Basic Earnings Per Share $2.77
Diluted Earnings Per Share $2.745M $2.016M
COMMON SHARES
Basic Shares Outstanding 63.27K
Diluted Shares Outstanding 63.80K 63.09M

Balance Sheet

Concept 2022 Q1 2021 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $6.826M $6.729M
YoY Change 1.44% 29.53%
Cash & Equivalents $6.826M $6.729M
Short-Term Investments
Other Short-Term Assets $57.34M $20.65M
YoY Change 177.66% 19.27%
Inventory $72.62M $57.02M
Prepaid Expenses
Receivables $162.4M $145.4M
Other Receivables $0.00 $0.00
Total Short-Term Assets $299.2M $229.8M
YoY Change 30.18% 28.4%
LONG-TERM ASSETS
Property, Plant & Equipment $701.8M $708.5M
YoY Change -0.94% -3.38%
Goodwill $1.107B $1.107B
YoY Change -0.04% 0.29%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $56.23M $24.43M
YoY Change 130.2% -22.06%
Total Long-Term Assets $1.901B $1.899B
YoY Change 0.09% -4.15%
TOTAL ASSETS
Total Short-Term Assets $299.2M $229.8M
Total Long-Term Assets $1.901B $1.899B
Total Assets $2.200B $2.129B
YoY Change 3.34% -1.45%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $70.88M $62.50M
YoY Change 13.41% 30.87%
Accrued Expenses $66.33M $60.93M
YoY Change 8.88% 18.86%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $268.5M $237.5M
YoY Change 13.05% 13.2%
LONG-TERM LIABILITIES
Long-Term Debt $1.121B $1.173B
YoY Change -4.38% -6.9%
Other Long-Term Liabilities $224.8M $75.02M
YoY Change 199.7% -65.78%
Total Long-Term Liabilities $1.121B $1.248B
YoY Change -10.13% -0.94%
TOTAL LIABILITIES
Total Short-Term Liabilities $268.5M $237.5M
Total Long-Term Liabilities $1.121B $1.248B
Total Liabilities $1.615B $1.633B
YoY Change -1.14% -3.28%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $585.1M $495.3M
YoY Change
Total Liabilities & Shareholders Equity $2.200B $2.129B
YoY Change 3.34% -1.45%

Cashflow Statement

Concept 2022 Q1 2021 Q1
OPERATING ACTIVITIES
Net Income $175.1M $127.2M
YoY Change 37.64% 64.44%
Depreciation, Depletion And Amortization $14.06M $27.35M
YoY Change -48.58% -6.63%
Cash From Operating Activities $108.9M $97.60M
YoY Change 11.56% 28.91%
INVESTING ACTIVITIES
Capital Expenditures -$11.65M -$8.459M
YoY Change 37.68% 13.62%
Acquisitions
YoY Change
Other Investing Activities -$31.04M $368.0K
YoY Change -8533.42% -34.87%
Cash From Investing Activities -$42.68M -$8.091M
YoY Change 427.51% 17.6%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -62.89M -88.09M
YoY Change -28.6% 26.66%
NET CHANGE
Cash From Operating Activities 108.9M 97.60M
Cash From Investing Activities -42.68M -8.091M
Cash From Financing Activities -62.89M -88.09M
Net Change In Cash 3.298M 1.416M
YoY Change 132.91% -296.12%
FREE CASH FLOW
Cash From Operating Activities $108.9M $97.60M
Capital Expenditures -$11.65M -$8.459M
Free Cash Flow $120.5M $106.1M
YoY Change 13.64% 27.54%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
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P10Y
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us-gaap General And Administrative Expense
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us-gaap Depreciation Depletion And Amortization
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us-gaap Costs And Expenses
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us-gaap Payments To Acquire Property Plant And Equipment
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us-gaap Proceeds From Divestiture Of Businesses
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us-gaap Repayments Of Lines Of Credit
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<div style="align:left;"> <table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse; width:100%;"> <tr> <td style="width:4.54%;white-space:nowrap" valign="top"> <p style="text-align:justify;margin-top:12pt;margin-bottom:0pt;font-weight:bold;color:#000000;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;"><span style="font-weight:bold;color:#000000;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">1.</span></p></td> <td valign="top"> <p style="text-align:justify;margin-top:12pt;margin-bottom:0pt;font-weight:bold;color:#000000;font-style:normal;text-transform:none;font-variant: normal;font-family:Times New Roman;font-size:10pt;">Partnership Organization and Formation</p></td></tr></table></div> <p style="text-align:justify;margin-top:6pt;margin-bottom:0pt;text-indent:0%;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Suburban Propane Partners, L.P. (the “Partnership”) is a publicly traded Delaware limited partnership principally engaged, through its operating partnership and subsidiaries, in the retail marketing and distribution of propane, fuel oil and refined fuels, as well as the marketing of natural gas and electricity in deregulated markets.  In addition, to complement its core marketing and distribution businesses, the Partnership services a wide variety of home comfort equipment, particularly for heating and ventilation.  The publicly traded limited partner interests in the Partnership are evidenced by common units traded on the New York Stock Exchange (“Common Units”), with 62,968,442 Common Units outstanding at March 26, 2022.  The holders of Common Units are entitled to participate in distributions and exercise the rights and privileges available to limited partners under the Third Amended and Restated Agreement of Limited Partnership (the “Partnership Agreement”), as amended.  Rights and privileges under the Partnership Agreement include, among other things, the election of all members of the Board of Supervisors and voting on the removal of the general partner.</p> <p style="text-align:justify;margin-top:12pt;margin-bottom:0pt;text-indent:0%;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Suburban Propane, L.P. (the “Operating Partnership”), a Delaware limited partnership, is the Partnership’s operating subsidiary formed to operate the propane business and assets.  In addition, Suburban Sales &amp; Service, Inc. (the “Service Company”), a subsidiary of the Operating Partnership, was formed to operate the service work and appliance and parts businesses of the Partnership.  The Operating Partnership, together with its direct and indirect subsidiaries, accounts for substantially all of the Partnership’s assets, revenues and earnings.  The Partnership, the Operating Partnership and the Service Company commenced operations in March 1996 in connection with the Partnership’s initial public offering.</p> <p style="text-align:justify;margin-top:12pt;margin-bottom:0pt;text-indent:0%;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Suburban Renewable Energy, LLC (“Suburban Renewables”) is a wholly-owned subsidiary of the Operating Partnership that was formed in January 2022.  Suburban Renewables will serve as the platform for the Partnership’s investments in innovative, renewable energy technologies and businesses.</p> <p style="text-align:justify;margin-top:12pt;margin-bottom:0pt;text-indent:0%;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The general partner of both the Partnership and the Operating Partnership is Suburban Energy Services Group LLC (the “General Partner”), a Delaware limited liability company, the sole member of which is the Partnership’s Chief Executive Officer.  Other than as a holder of 784 Common Units that will remain in the General Partner, the General Partner does not have any economic interest in the Partnership or the Operating Partnership.</p> <p style="text-align:justify;margin-top:12pt;margin-bottom:0pt;text-indent:0%;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The Partnership’s fuel oil and refined fuels, natural gas and electricity and services businesses are structured as either limited liability companies that are treated as corporations or corporate entities (collectively referred to as the “Corporate Entities”) and, as such, are subject to corporate level U.S. income tax.</p> <p style="text-align:justify;margin-top:12pt;margin-bottom:0pt;text-indent:0%;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Suburban Energy Finance Corp., a direct 100%-owned subsidiary of the Partnership, was formed on November 26, 2003 to serve as co-issuer, jointly and severally with the Partnership, of the Partnership’s senior notes.</p> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:10pt;"> </p>
CY2022Q1 us-gaap Limited Partners Capital Account Units Outstanding
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CY2022Q1 sph Percentage Of Wholly Owned Subsidiary
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1
us-gaap Fiscal Period
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<p style="text-align:justify;margin-top:2pt;margin-bottom:0pt;text-indent:0%;font-weight:bold;color:#000000;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">Fiscal Period.<span style="font-weight:normal;">  The Partnership uses a 52/53-week fiscal year which ends on the last Saturday in September.  The Partnership’s fiscal quarters are generally thirteen weeks in duration.  When the Partnership’s fiscal year is 53 weeks long, the corresponding fourth quarter is fourteen weeks in duration. </span></p>
sph Minimum Number Of Weeks In Fiscal Year Reporting Calendar
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us-gaap Use Of Estimates
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<p style="text-align:justify;margin-top:2pt;margin-bottom:0pt;text-indent:0%;font-weight:bold;color:#000000;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">Use of Estimates.<span style="font-weight:normal;">  The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America (“US GAAP”) requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period.  Estimates have been made by management in the areas of self-insurance and litigation reserves, pension and other postretirement benefit liabilities and costs, valuation of derivative instruments, depreciation and amortization of long-lived assets, asset impairment assessments, tax valuation allowances, allowances for doubtful accounts, and purchase price allocation for acquired businesses.  The Partnership uses Society of Actuaries life expectancy information when developing the annual mortality assumptions for the pension and postretirement benefit plans, which are used to measure net periodic benefit costs and the obligation under these plans.  Actual results could differ from those estimates, making it reasonably possible that a material change in these estimates could occur in the near term.</span></p>
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GoodwillGross
1113488000
CY2021Q3 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
6462000
CY2021Q3 us-gaap Goodwill
Goodwill
1107026000
us-gaap Goodwill Written Off Related To Sale Of Business Unit
GoodwillWrittenOffRelatedToSaleOfBusinessUnit
399000
CY2022Q1 us-gaap Goodwill Gross
GoodwillGross
1113089000
CY2022Q1 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
6462000
CY2022Q1 us-gaap Goodwill
Goodwill
1106627000
CY2022Q1 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
560934000
CY2021Q3 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
560511000
CY2022Q1 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
524966000
CY2021Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
521248000
CY2022Q1 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
35968000
CY2021Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
39263000
us-gaap Lessee Operating Lease Assumptions And Judgments Discount Rate Description
LesseeOperatingLeaseAssumptionsAndJudgmentsDiscountRateDescription
As most of the Partnership’s leases do not provide an implicit rate, the Partnership uses its estimated incremental borrowing rate based on the information available at the commencement date, adjusted for the lease term, to determine the present value of the lease payments.  This rate is calculated based on a collateralized rate for the specific leasing activities of the Partnership.
us-gaap Lessee Operating Lease Option To Extend
LesseeOperatingLeaseOptionToExtend
Some leases include one or more options to renew at the Partnership’s discretion, with renewal terms that can extend the lease from one to fifteen additional years.  The renewal options are included in the measurement of the right-of-use assets and lease liabilities if the Partnership is reasonably certain to exercise the renewal options.
CY2022Q1 us-gaap Lease Cost
LeaseCost
10548000
CY2021Q1 us-gaap Lease Cost
LeaseCost
9358000
us-gaap Lease Cost
LeaseCost
20386000
CY2022Q1 us-gaap Operating Lease Payments
OperatingLeasePayments
10601000
us-gaap Operating Lease Payments
OperatingLeasePayments
18353000
CY2021Q1 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
9377000
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
24789000
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
21764000
CY2022Q1 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P6Y2M12D
CY2021Q1 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P6Y3M18D
CY2022Q1 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.049
CY2021Q1 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.053
CY2022Q1 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
19877000
CY2022Q1 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
35507000
CY2022Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
29600000
CY2022Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
25259000
CY2022Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
20511000
CY2022Q1 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
30800000
CY2022Q1 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
161554000
CY2022Q1 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
22784000
CY2022Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
138770000
CY2022Q1 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
528153
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
462458
CY2022Q1 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
1134500000
CY2021Q3 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
1132000000
CY2022Q1 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
13129000
CY2021Q3 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
13986000
CY2022Q1 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
1121371000
CY2021Q3 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
1118014000
sph Consolidated Fixed Charge Coverage Ratio Minimum
ConsolidatedFixedChargeCoverageRatioMinimum
1.75
CY2022Q1 us-gaap Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year
LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear
0
CY2022Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
0
CY2022Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
0
CY2022Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
134500000
CY2022Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
0
CY2022Q1 sph Long Term Debt Maturities Repayments Of Principal After Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFour
1000000000
sph Maximum Period After End Of Each Term Partnership Makes Distributions To Its Limited Partners
MaximumPeriodAfterEndOfEachTermPartnershipMakesDistributionsToItsLimitedPartners
P45D
us-gaap Distribution Made To Limited Partner Declaration Date
DistributionMadeToLimitedPartnerDeclarationDate
2022-04-21
us-gaap Distribution Made To Limited Liability Company Llc Member Distributions Paid Per Unit
DistributionMadeToLimitedLiabilityCompanyLLCMemberDistributionsPaidPerUnit
0.325
sph Distribution Made To Member Or Limited Partner Distributions Declared Per Unit Annualized Basis
DistributionMadeToMemberOrLimitedPartnerDistributionsDeclaredPerUnitAnnualizedBasis
1.30
us-gaap Distribution Made To Limited Partner Distribution Date
DistributionMadeToLimitedPartnerDistributionDate
2022-05-10
us-gaap Distribution Made To Limited Partner Date Of Record
DistributionMadeToLimitedPartnerDateOfRecord
2022-05-03
CY2022Q1 us-gaap Accrued Insurance Current And Noncurrent
AccruedInsuranceCurrentAndNoncurrent
64679000
CY2021Q3 us-gaap Accrued Insurance Current And Noncurrent
AccruedInsuranceCurrentAndNoncurrent
66124000
CY2022Q1 us-gaap Loss Contingency Receivable
LossContingencyReceivable
15748000
CY2021Q3 us-gaap Loss Contingency Receivable
LossContingencyReceivable
16101000
CY2022Q1 us-gaap Other Nonoperating Expense
OtherNonoperatingExpense
1234000
CY2021Q1 us-gaap Other Nonoperating Expense
OtherNonoperatingExpense
1582000
us-gaap Other Nonoperating Expense
OtherNonoperatingExpense
2364000
us-gaap Other Nonoperating Expense
OtherNonoperatingExpense
2660000
us-gaap Guarantee Obligations Term
GuaranteeObligationsTerm
2032
CY2022Q1 us-gaap Guarantee Obligations Maximum Exposure
GuaranteeObligationsMaximumExposure
37921000
CY2022Q1 us-gaap Multiemployer Plans Withdrawal Obligation
MultiemployerPlansWithdrawalObligation
23035000
CY2021Q3 us-gaap Multiemployer Plans Withdrawal Obligation
MultiemployerPlansWithdrawalObligation
23567000
CY2021Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-17290000
CY2020Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-25183000
CY2021Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-17584000
CY2020Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-25776000
CY2022Q1 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
-294000
CY2021Q1 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
-593000
us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
-588000
us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
-1186000
CY2022Q1 us-gaap Other Comprehensive Income Loss Finalization Of Pension And Non Pension Postretirement Plan Valuation Net Of Tax
OtherComprehensiveIncomeLossFinalizationOfPensionAndNonPensionPostretirementPlanValuationNetOfTax
0
CY2021Q1 us-gaap Other Comprehensive Income Loss Finalization Of Pension And Non Pension Postretirement Plan Valuation Net Of Tax
OtherComprehensiveIncomeLossFinalizationOfPensionAndNonPensionPostretirementPlanValuationNetOfTax
570000
us-gaap Other Comprehensive Income Loss Finalization Of Pension And Non Pension Postretirement Plan Valuation Net Of Tax
OtherComprehensiveIncomeLossFinalizationOfPensionAndNonPensionPostretirementPlanValuationNetOfTax
0
us-gaap Other Comprehensive Income Loss Finalization Of Pension And Non Pension Postretirement Plan Valuation Net Of Tax
OtherComprehensiveIncomeLossFinalizationOfPensionAndNonPensionPostretirementPlanValuationNetOfTax
570000
CY2022Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
294000
CY2021Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
1163000
CY2022Q1 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-16996000
CY2021Q4 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-638000
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
4
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
3
CY2022Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
588095000
CY2021Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
537238000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
963502000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
842429000
CY2022Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
191961000
CY2021Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
147157000
us-gaap Operating Income Loss
OperatingIncomeLoss
229217000
us-gaap Operating Income Loss
OperatingIncomeLoss
204843000
CY2022Q1 us-gaap Interest And Debt Expense
InterestAndDebtExpense
15254000
CY2021Q1 us-gaap Interest And Debt Expense
InterestAndDebtExpense
18092000
us-gaap Interest And Debt Expense
InterestAndDebtExpense
30553000
us-gaap Interest And Debt Expense
InterestAndDebtExpense
36227000
CY2022Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
371000
CY2021Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
267000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-100000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
763000
CY2022Q1 us-gaap Net Income Loss
NetIncomeLoss
175102000
CY2021Q1 us-gaap Net Income Loss
NetIncomeLoss
127216000
us-gaap Net Income Loss
NetIncomeLoss
196400000
us-gaap Net Income Loss
NetIncomeLoss
165193000
CY2022Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
14062000
CY2021Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
27346000
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
30347000
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
55363000
CY2022Q1 us-gaap Assets
Assets
2199857000
CY2021Q3 us-gaap Assets
Assets
2051730000

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