Quarterly report pursuant to Section 13 or 15(d)

Investment in Derivative Instruments (Tables)

v3.22.4
Investment in Derivative Instruments (Tables)
 3 Months Ended
Dec. 31, 2022
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Derivatives Instruments Statements of Financial Performance and Financial Position, Location
The following table represents the approximate amount of realized and unrealized gains (losses) and changes in fair value recognized in earnings on commodity derivative contracts for the three months ended December 31, 2022 and 2021 and the fair value of these derivatives as of December 31, 2022 and September 30, 2022 (in thousands):

For the Three Months Ended December 31,
2022 2021
(unaudited) (unaudited)
Change in Change in
Income Statement Classification Realized Gain (Loss) Unrealized Gain (Loss) Total Gain (Loss) Realized Gain (Loss) Unrealized Gain (Loss) Total Gain (Loss)
Cost of revenues $ 601  $ (1,007) $ (406) $ 493  $ (277) $ 216 
Interest expense, net 1,335  —  1,335  (478) 413  (65)
Total $ 1,936  $ (1,007) $ 929  $ 15  $ 136  $ 151 
December 31, 2022 September 30, 2022
Balance Sheet Classification (unaudited)
Prepaid expenses and other current assets - commodity swaps $ 435  $ 1,032 
Other assets - commodity swaps —  155 
Other assets - interest rate swaps (1)
23,382  24,719 
Accrued expense and other current liabilities - commodity swaps (916) (601)
Other long-term liabilities - commodity swaps —  (60)
Net unrealized gain position $ 22,901  $ 25,245 
(1) Includes designated cash flow hedge of $23,382 and $24,719 as of December 31, 2022 and September 30, 2022, respectively.