← SUBURBAN PROPANE PARTNERS LP
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | |||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | |||||||||||
| Net Income (Loss) Attributable to Parent | $14.4m | $38.0m | $76.5m | $68.6m | $60.8m | $122.8m | $139.7m | $123.8m | $74.2m | $106.6m | |
| Depreciation, Depletion and Amortization | $129.6m | $127.9m | $125.2m | $120.9m | $116.8m | $104.6m | $58.8m | $62.6m | $67.0m | $72.0m | |
| Amortization of Intangible Assets | $57.1m | $56.5m | $56.6m | $56.4m | $57.1m | $48.1m | $7.6m | $10.9m | $12.3m | $12.7m | |
| Depreciation | $72.5m | $71.5m | $68.6m | $64.5m | $59.7m | $56.5m | $51.3m | $51.7m | $54.7m | $59.4m | |
| Deferred Income Tax Expense (Benefit) | $0 | $0 | ($1.1m) | $0 | ($496k) | $102k | ($638k) | ($295k) | $0 | $582k | |
| Payment, Tax Withholding, Share-based Payment Arrangement | — | — | $847k | — | — | — | — | — | — | — | |
| Gain (Loss) on Extinguishment of Debt | ($292k) | ($1.6m) | $0 | $0 | ($109k) | ($16.0m) | $0 | $0 | ($215k) | $0 | |
| Gain (Loss) on Disposition of Business | $9.8m | $0 | ($4.8m) | $0 | $0 | — | — | — | — | — | |
| Income (Loss) from Equity Method Investments | — | — | — | — | — | — | — | — | ($18.1m) | ($29.9m) | |
| Income Tax Expense (Benefit) | $588k | $459k | ($606k) | $857k | ($146k) | $1.1m | $429k | $668k | $734k | $1.3m | |
| Changes in operating assets and liabilities: | |||||||||||
| Additional Financial Items | |||||||||||
| Increase (Decrease) in Accounts Receivable | ($6.3m) | $11.9m | $5.2m | ($11.8m) | ($4.5m) | $15.9m | $7.1m | ($15.1m) | ($1.3m) | $4.1m | |
| Increase (Decrease) in Inventories | ($2.4m) | $7.9m | $5.7m | ($14.4m) | $1.6m | $14.8m | $4.8m | ($5.1m) | ($6.6m) | $14.1m | |
| Increase (Decrease) in Other Operating Assets | ($2.0m) | $9.6m | $5.4m | ($8.2m) | $9.8m | $40.0m | $5.4m | ($6.1m) | $2.8m | ($18.6m) | |
| Increase (Decrease) in Other Operating Liabilities | $12.5m | $1.6m | $7.4m | $1.6m | $16.9m | $33.1m | $15.8m | $2.4m | ($4.9m) | ($32.5m) | |
| Accrued capital expenditures | $38.4m | $28.2m | $32.9m | $35.0m | $32.5m | $29.9m | $44.4m | $44.9m | $59.4m | $72.0m | |
| General and Administrative Expense | $61.1m | $57.3m | $66.2m | $71.0m | $65.9m | $74.1m | $81.8m | $91.6m | $89.9m | $96.4m | |
| Goodwill | $1.1b | $1.1b | $1.1b | $1.1b | $1.1b | $1.1b | $1.1b | $1.1b | $1.2b | $1.2b | |
| Operating Costs and Expenses | $412.8m | $410.7m | $402.2m | $403.0m | $402.0m | $411.4m | $442.4m | $478.1m | $476.9m | $494.1m | |
| Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Settlement | $2.0m | $6.1m | $0 | $0 | ($1.1m) | ($958k) | ($840k) | $0 | ($638k) | ($528k) | |
| Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI on Derivatives, Net of Tax | ($1.1m) | ($215k) | — | — | — | — | — | — | — | — | |
| Net Cash Provided by (Used in) Operating Activities | $157.1m | $160.4m | $208.5m | $226.8m | $209.4m | $226.6m | $220.5m | $225.2m | $160.6m | $186.3m | |
| Cash flows from investing activities: | |||||||||||
| Payments to Acquire Property, Plant, and Equipment | $38.4m | $28.2m | $32.9m | $35.0m | $32.5m | $29.9m | $44.4m | $44.9m | $59.4m | $72.0m | |
| Payments to Acquire Businesses, Net of Cash Acquired | $42.9m | $0 | $4.3m | $19.3m | $25.6m | $8.7m | $56.1m | $130.1m | $25.2m | $59.5m | |
| Net Cash Provided by (Used in) Investing Activities | ($53.9m) | ($23.0m) | ($39.1m) | ($48.5m) | ($53.2m) | ($34.1m) | ($94.4m) | ($170.6m) | ($81.6m) | ($128.3m) | |
| Cash flows from financing activities: | |||||||||||
| Proceeds from Issuance of Long-term Debt | $0 | $350.0m | $0 | $0 | — | $650.0m | $0 | $0 | — | — | |
| Repayments of Long-term Debt | — | — | — | — | — | $786.3m | $0 | $0 | — | — | |
| Proceeds from (Payments for) Other Financing Activities | — | — | ($847k) | ($3.0m) | ($3.6m) | ($3.6m) | ($3.7m) | ($4.6m) | ($4.7m) | ($4.2m) | |
| Net Cash Provided by (Used in) Financing Activities | ($218.2m) | ($171.9m) | ($167.1m) | ($181.0m) | ($155.4m) | ($189.8m) | ($127.8m) | ($44.6m) | ($72.5m) | ($66.7m) | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | — | — | $2.4m | ($2.7m) | $699k | $2.7m | ($1.7m) | $10.0m | $6.4m | ($8.7m) | |
| Supplemental disclosure of cash flow information: | |||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $74.3m | $76.6m | $74.1m | $73.2m | $72.0m | $64.9m | $59.2m | $67.5m | $73.6m | $73.9m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.