| Schedule of Derivatives Instruments, Income Statement and Balance Sheet Classification |
The following table represents the approximate amount of realized and unrealized gains (losses) and changes in fair value recognized in earnings on interest and commodity derivative contracts for the three and nine months ended June 30, 2023 and 2022 and the fair value of these derivatives as of June 30, 2023 and September 30, 2022 (in thousands):
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
For the Three Months Ended June 30, |
|
|
|
|
2023 |
|
|
|
|
|
2022 |
|
|
|
|
|
|
|
|
|
|
(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 |
|
$ |
(970) |
|
|
$ |
878 |
|
|
$ |
(92) |
|
|
$ |
1,349 |
|
|
$ |
143 |
|
|
$ |
1,492 |
|
|
|
|
|
|
|
| Interest expense, net |
|
2,377 |
|
|
— |
|
|
2,377 |
|
|
(121) |
|
|
316 |
|
|
195 |
|
|
|
|
|
|
|
| Total |
|
$ |
1,407 |
|
|
$ |
878 |
|
|
$ |
2,285 |
|
|
$ |
1,228 |
|
|
$ |
459 |
|
|
$ |
1,687 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
For the Nine Months Ended June 30, |
|
|
|
|
2023 |
|
|
|
|
|
2022 |
|
|
|
|
|
|
|
|
|
|
(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 |
|
$ |
(2,027) |
|
|
$ |
(1,408) |
|
|
$ |
(3,435) |
|
|
$ |
2,206 |
|
|
$ |
921 |
|
|
$ |
3,127 |
|
|
|
|
|
|
|
| Interest expense, net |
|
5,719 |
|
|
— |
|
|
5,719 |
|
|
(1,030) |
|
|
1,668 |
|
|
638 |
|
|
|
|
|
|
|
| Total |
|
$ |
3,692 |
|
|
$ |
(1,408) |
|
|
$ |
2,284 |
|
|
$ |
1,176 |
|
|
$ |
2,589 |
|
|
$ |
3,765 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
June 30, 2023 |
|
September 30, 2022 |
|
| Balance Sheet Classification |
|
(unaudited) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Prepaid expenses and other current assets - commodity swaps |
|
$ |
16 |
|
|
$ |
1,032 |
|
|
| Other assets - commodity swaps |
|
— |
|
|
155 |
|
|
Other assets - interest rate swaps (1)
|
|
24,478 |
|
|
24,719 |
|
|
| Accrued expense and other current liabilities - commodity swaps |
|
(898) |
|
|
(601) |
|
|
|
|
|
|
|
|
| Other long-term liabilities - commodity swaps |
|
— |
|
|
(60) |
|
|
|
|
|
|
|
|
| Net unrealized gain position |
|
$ |
23,596 |
|
|
$ |
25,245 |
|
|
|
|
|
|
|
|
(1) Includes designated cash flow hedge of $24,478 and $24,719 as of June 30, 2023 and September 30, 2022, respectively.
|