| Schedule of Derivatives Instruments, Income Statement and Balance Sheet Classification |
The following tables represent the approximate amount of realized and unrealized gains (losses) recognized in earnings on commodity derivative contracts and interest rate swap agreements for the three and six months ended March 31, 2021 and 2020 and the fair value of these derivatives as of March 31, 2021 and September 30, 2020 (in thousands):
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For the Three Months Ended March 31, 2021 (unaudited) |
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For the Six Months Ended March 31, 2021 (unaudited) |
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Change in |
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Change in |
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| Income Statement Classification |
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Realized Gain (Loss) |
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Unrealized Gain (Loss) |
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Total Gain (Loss) |
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Realized Gain (Loss) |
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Unrealized Gain (Loss) |
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Total Gain (Loss) |
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| Cost of revenues |
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$ |
94 |
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$ |
813 |
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$ |
907 |
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$ |
(45) |
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$ |
1,758 |
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$ |
1,713 |
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| Interest expense, net |
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(168) |
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400 |
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232 |
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(348) |
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619 |
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271 |
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| Total |
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$ |
(74) |
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$ |
1,213 |
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$ |
1,139 |
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$ |
(393) |
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$ |
2,377 |
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$ |
1,984 |
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For the Three Months Ended March 31, 2020 (unaudited) |
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For the Six Months Ended March 31, 2020 (unaudited) |
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Change in |
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Change in |
| Income Statement Classification |
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Realized Gain (Loss) |
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Unrealized Gain (Loss) |
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Total Gain (Loss) |
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Realized Gain (Loss) |
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Unrealized Gain (Loss) |
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Total Gain (Loss) |
| Cost of revenues |
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$ |
(21) |
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$ |
(797) |
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$ |
(818) |
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$ |
(21) |
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$ |
(797) |
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$ |
(818) |
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| Interest expense, net |
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(24) |
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(1,532) |
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(1,556) |
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(49) |
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(1,466) |
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(1,515) |
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| Total |
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$ |
(45) |
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$ |
(2,329) |
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$ |
(2,374) |
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$ |
(70) |
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$ |
(2,263) |
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$ |
(2,333) |
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March 31, 2021 |
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September 30, 2020 |
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| Balance Sheet Classification |
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(unaudited) |
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| Prepaid expenses and other current assets |
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$ |
663 |
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$ |
— |
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| Other assets |
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592 |
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— |
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| Accrued expense and other current liabilities - commodity swaps |
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— |
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(183) |
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| Other long-term liabilities - commodity swaps |
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— |
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(320) |
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| Other long-term liabilities - interest rate swaps |
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(1,089) |
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(1,708) |
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| Net unrealized gain (loss) position |
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$ |
166 |
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$ |
(2,211) |
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