Quarterly report pursuant to Section 13 or 15(d)

Investment in Derivative Instruments (Tables)

v3.24.0.1
Investment in Derivative Instruments (Tables)
 3 Months Ended
Dec. 31, 2023
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, 2023 and 2022 and the fair value of these derivatives as of December 31, 2023 and September 30, 2023 (in thousands):

For the Three Months Ended December 31,
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 $ (19) $ (226) $ (245) $ 601  $ (1,007) $ (406)
Interest expense, net 2,638  —  2,638  1,335  —  1,335 
Total $ 2,619  $ (226) $ 2,393  $ 1,936  $ (1,007) $ 929 

December 31, 2023 September 30, 2023
Balance Sheet Classification (unaudited)
Prepaid expenses and other current assets - commodity swaps $ —  $ 204 
Other assets - interest rate swaps (1)
17,595  26,909 
Accrued expense and other current liabilities - commodity swaps (42) (20)
Net unrealized gain position $ 17,553  $ 27,093 
(1) Includes designated cash flow hedge of $17.6 million and $26.9 million as of December 31, 2023 and September 30, 2023, respectively.