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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 nine months ended June 30, 2021 and 2020 and the fair value of these derivatives as of June 30, 2021 and September 30, 2020 (in thousands):
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For the Three Months Ended June 30, 2021 (unaudited) |
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For the Nine Months Ended June 30, 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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$ |
302 |
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$ |
632 |
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$ |
934 |
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$ |
257 |
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$ |
2,390 |
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$ |
2,647 |
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| Interest expense, net |
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(163) |
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132 |
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(31) |
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(511) |
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751 |
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240 |
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| Total |
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$ |
139 |
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$ |
764 |
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$ |
903 |
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$ |
(254) |
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$ |
3,141 |
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$ |
2,887 |
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For the Three Months Ended June 30, 2020 (unaudited) |
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For the Nine Months Ended June 30, 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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$ |
(269) |
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$ |
394 |
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$ |
125 |
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$ |
(290) |
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$ |
(403) |
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$ |
(693) |
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| Interest expense, net |
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(217) |
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(120) |
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(337) |
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(266) |
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(1,586) |
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(1,852) |
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| Total |
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$ |
(486) |
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$ |
274 |
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$ |
(212) |
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$ |
(556) |
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$ |
(1,989) |
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$ |
(2,545) |
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June 30, 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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$ |
1,203 |
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$ |
— |
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| Other assets |
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684 |
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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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(957) |
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(1,708) |
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| Net unrealized gain (loss) position |
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$ |
930 |
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$ |
(2,211) |
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