Annual report pursuant to Section 13 and 15(d)

Investment in Derivative Instruments (Tables)

v3.24.3
Investment in Derivative Instruments (Tables)
 12 Months Ended
Sep. 30, 2024
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 fiscal years ended September 30, 2024, 2023 and 2022 and the fair value of these derivatives as of September 30, 2024 and 2023 (in thousands):
For the Fiscal Year Ended September 30,
2024 2023 2022
Change in Change in Change in
Realized Gain (Loss) Unrealized Gain (Loss) Total Gain (Loss) Realized Gain (Loss) Unrealized Gain (Loss) Total Gain (Loss) Realized Gain (Loss) Unrealized Gain (Loss) Total Gain (Loss)
Cost of revenues $ (61) $ (184) $ (245) $ (2,255) $ (342) $ (2,597) $ 3,472  $ (1,286) $ 2,186 
Interest expense, net 10,630  —  10,630  8,297  —  8,297  (806) 1,668  862 
Total $ 10,569  $ (184) $ 10,385  $ 6,042  $ (342) $ 5,700  $ 2,666  $ 382  $ 3,048 

September 30,
Balance Sheet Classification 2024 2023
Prepaid expenses and other current assets - commodity swaps(2)
$ —  $ 204 
Other assets - interest rate swap (1)
11,646  26,909 
Accrued expense and other current liabilities - commodity swaps(2)
—  (20)
Net unrealized gain position $ 11,646  $ 27,093 

(1) Represents designated cash flow hedge of $11.6 million and $26.9 million as of September 30, 2024 and 2023, respectively.
(2) Represents derivatives not designated as hedges.