| X | ||||||||||
|
- Definition
If the value is true, then the document as an amendment to previously-filed/accepted document. No definition available.
|
| X | ||||||||||
|
- Definition
End date of current fiscal year in the format --MM-DD. No definition available.
|
| X | ||||||||||
|
- Definition
This is focus fiscal period of the document report. For a first quarter 2006 quarterly report, which may also provide financial information from prior periods, the first fiscal quarter should be given as the fiscal period focus. Values: FY, Q1, Q2, Q3, Q4, H1, H2, M9, T1, T2, T3, M8, CY. No definition available.
|
| X | ||||||||||
|
- Definition
This is focus fiscal year of the document report in CCYY format. For a 2006 annual report, which may also provide financial information from prior periods, fiscal 2006 should be given as the fiscal year focus. Example: 2006. No definition available.
|
| X | ||||||||||
|
- Definition
The end date of the period reflected on the cover page if a periodic report. For all other reports and registration statements containing historical data, it is the date up through which that historical data is presented. If there is no historical data in the report, use the filing date. The format of the date is CCYY-MM-DD. No definition available.
|
| X | ||||||||||
|
- Definition
The type of document being provided (such as 10-K, 10-Q, N-1A, etc). The document type is limited to the same value as the supporting SEC submission type, minus any "/A" suffix. The acceptable values are as follows: S-1, S-3, S-4, S-11, F-1, F-3, F-4, F-9, F-10, 6-K, 8-K, 10, 10-K, 10-Q, 20-F, 40-F, N-1A, 485BPOS, 497, NCSR, N-CSR, N-CSRS, N-Q, 10-KT, 10-QT, 20-FT, POS AM and Other. No definition available.
|
| X | ||||||||||
|
- Definition
A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Indicate number of shares outstanding of each of registrant's classes of common stock, as of latest practicable date. Where multiple classes exist define each class by adding class of stock items such as Common Class A [Member], Common Class B [Member] onto the Instrument [Domain] of the Entity Listings, Instrument No definition available.
|
| X | ||||||||||
|
- Definition
Indicate whether the registrant is one of the following: (1) Large Accelerated Filer, (2) Accelerated Filer, (3) Non-accelerated Filer, or (4) Smaller Reporting Company. Definitions of these categories are stated in Rule 12b-2 of the Exchange Act. This information should be based on the registrant's current or most recent filing containing the related disclosure. No definition available.
|
| X | ||||||||||
|
- Definition
The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Accumulated change in equity from transactions and other events and circumstances from non-owner sources, net of tax effect, at period end. Excludes Net Income (Loss), and accumulated changes in equity from transactions resulting from investments by owners and distributions to owners. Includes foreign currency translation items, certain pension adjustments, unrealized gains and losses on certain investments in debt and equity securities, other than temporary impairment (OTTI) losses related to factors other than credit losses on available-for-sale and held-to-maturity debt securities that an entity does not intend to sell and it is not more likely than not that the entity will be required to sell before recovery of the amortized cost basis, as well as changes in the fair value of derivatives related to the effective portion of a designated cash flow hedge. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Value received from shareholders in common stock-related transactions that are in excess of par value or stated value and amounts received from other stock-related transactions. Includes only common stock transactions (excludes preferred stock transactions). May be called contributed capital, capital in excess of par, capital surplus, or paid-in capital. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold, or consumed within one year (or the normal operating cycle, if longer). Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Unrestricted cash available for day-to-day operating needs, for an entity that has cash equivalents, but does not aggregate cash equivalents with cash on the balance sheet. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Includes currency on hand as well as demand deposits with banks or financial institutions. It also includes other kinds of accounts that have the general characteristics of demand deposits in that the Entity may deposit additional funds at any time and also effectively may withdraw funds at any time without prior notice or penalty. Cash equivalents, excluding items classified as marketable securities, include short-term, highly liquid investments that are both readily convertible to known amounts of cash, and so near their maturity that they present minimal risk of changes in value because of changes in interest rates. Generally, only investments with original maturities of three months or less qualify under that definition. Original maturity means original maturity to the entity holding the investment. For example, both a three-month US Treasury bill and a three-year Treasury note purchased three months from maturity qualify as cash equivalents. However, a Treasury note purchased three years ago does not become a cash equivalent when its remaining maturity is three months. Compensating balance arrangements that do not legally restrict the withdrawal or usage of cash amounts may be reported as Cash and Cash Equivalents, while legally restricted deposits held as compensating balances against borrowing arrangements, contracts entered into with others, or company statements of intention with regard to particular deposits are not generally reported as cash and cash equivalents. Includes cash and cash equivalents associated with the entity's continuing operations. Excludes cash and cash equivalents associated with the disposal group (and discontinued operation). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Represents the caption on the face of the balance sheet to indicate that the entity has entered into (1) purchase or supply arrangements that will require expending a portion of its resources to meet the terms thereof, and (2) is exposed to potential losses or, less frequently, gains, arising from (a) possible claims against a company's resources due to future performance under contract terms, and (b) possible losses or likely gains from uncertainties that will ultimately be resolved when one or more future events that are deemed likely to occur do occur or fail to occur. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Aggregate par or stated value of issued nonredeemable common stock (or common stock redeemable solely at the option of the issuer). This item includes treasury stock repurchased by the entity. Note: elements for number of nonredeemable common shares, par value and other disclosure concepts are in another section within stockholders' equity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
The amount of the general partner's ownership interest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Carrying amount as of the balance sheet date, which is the cumulative amount paid and (if applicable) the fair value of any noncontrolling interest in the acquiree, adjusted for any amortization recognized prior to the adoption of any changes in generally accepted accounting principles (as applicable) and for any impairment charges, in excess of the fair value of net assets acquired in one or more business combination transactions. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Sum of the carrying amounts of all intangible assets, excluding goodwill, as of the balance sheet date, net of accumulated amortization and impairment charges. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Carrying amount (lower of cost or market) as of the balance sheet date of inventories less all valuation and other allowances. Excludes noncurrent inventory balances (expected to remain on hand past one year or one operating cycle, if longer). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Total of all Liabilities and Stockholders' Equity items (or Partners' Capital, as applicable), including the portion of equity attributable to noncontrolling interests, if any. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
Total obligations incurred as part of normal operations that are expected to be paid during the following twelve months or within one business cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The amount of the limited partners' ownership interests. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Sum of the carrying values as of the balance sheet date of all long-term debt, which is debt initially having maturities due after one year from the balance sheet date or beyond the operating cycle, if longer, but excluding the portions thereof scheduled to be repaid within one year (current maturities) or the normal operating cycle, if longer, and after deducting unamortized discount or premiums, if any. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Carrying amount of the equity interests owned by noncontrolling partners of a limited partnership included in the entity's consolidated financial statements. No definition available.
|
| X | ||||||||||
|
- Definition
Sum of the carrying values as of the balance sheet date of the portions of long-term notes payable due within one year or the operating cycle if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Aggregate carrying amount, as of the balance sheet date, of noncurrent assets not separately disclosed in the balance sheet. Noncurrent assets are expected to be realized or consumed after one year (or the normal operating cycle, if longer). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Aggregate carrying amount, as of the balance sheet date, of obligations incurred and payable, pertaining to costs that are statutory in nature, are incurred on contractual obligations, or accumulate over time and for which invoices have not yet been received or will not be rendered and of liabilities not separately disclosed in the balance sheet. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Aggregate carrying amount, as of the balance sheet date, of noncurrent obligations not separately disclosed in the balance sheet. Noncurrent liabilities are expected to be paid after one year (or the normal operating cycle, if longer). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The amount of ownership interest of different classes of partners in limited partnership. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
Total of Partners' Capital (deficit) items including portions attributable to both the parent and noncontrolling interests (previously referred to as minority interest), if any. The entity including portions attributable to the parent and noncontrolling interests is sometimes referred to as the economic entity. This excludes temporary equity and is sometimes called permanent equity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The total of the amounts paid in advance for capitalized costs that will be expensed with the passage of time or the occurrence of a triggering event, and will be charged against earnings within one year or the normal operating cycle, if longer, and the aggregate carrying amount of current assets, as of the balance sheet date, not separately presented elsewhere in the balance sheet. Current assets are expected to be realized or consumed within one year (or the normal operating cycle, if longer). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Tangible assets that are held by an entity for use in the production or supply of goods and services, for rental to others, or for administrative purposes and that are expected to provide economic benefit for more than one year; net of accumulated depreciation. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The total amount due to the entity within one year of the balance sheet date (or one operating cycle, if longer) from outside sources, including trade accounts receivable, notes and loans receivable, as well as any other types of receivables, net of allowances established for the purpose of reducing such receivables to an amount that approximates their net realizable value. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The cumulative amount of the reporting entity's undistributed earnings or deficit. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Reflects the total carrying amount as of the balance sheet date of debt having initial terms less than one year or the normal operating cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Total of all stockholders' equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which are attributable to the parent. The amount of the economic entity's stockholders' equity attributable to the parent excludes the amount of stockholders' equity which is allocable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). This excludes temporary equity and is sometimes called permanent equity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
Condensed Consolidated Balance Sheets (Parenthetical) (USD $)
In Thousands, except Share data, unless otherwise specified |
Oct. 31, 2011
|
Jul. 31, 2011
|
|---|---|---|
|
Ferrellgas Partners, L.P. [Member]
|
||
| Accounts receivable pledged as collateral | $ 139,451 | $ 112,509 |
| Accumulated depreciation | 581,527 | 573,665 |
| Accumulated amortization | 308,738 | 303,360 |
| Common unitholders, units outstanding | 75,966,353 | 75,966,353 |
| General partner unitholder, units outstanding | 767,337 | 767,337 |
|
Ferrellgas, L.P. And Subsidiaries [Member]
|
||
| Accounts receivable pledged as collateral | 139,451 | 112,509 |
| Accumulated depreciation | 581,527 | 573,665 |
| Accumulated amortization | $ 308,738 | $ 303,360 |
|
Ferrellgas Partners Finance Corp. [Member]
|
||
| Common stock, par value | $ 1 | $ 1 |
| Common stock, shares authorized | 2,000 | 2,000 |
| Common stock, shares issued | 1,000 | 1,000 |
| Common stock, shares outstanding | 1,000 | 1,000 |
|
Ferrellgas Finance Corp. [Member]
|
||
| Common stock, par value | $ 1 | $ 1 |
| Common stock, shares authorized | 2,000 | 2,000 |
| Common stock, shares issued | 1,000 | 1,000 |
| Common stock, shares outstanding | 1,000 | 1,000 |
| X | ||||||||||
|
- Definition
The cumulative amount of depreciation, depletion and amortization (related to property, plant and equipment, but not including land) that has been recognized in the income statement. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Face amount or stated value of common stock per share; generally not indicative of the fair market value per share. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The maximum number of common shares permitted to be issued by an entity's charter and bylaws. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Total number of common shares of an entity that have been sold or granted to shareholders (includes common shares that were issued, repurchased and remain in the treasury). These shares represent capital invested by the firm's shareholders and owners, and may be all or only a portion of the number of shares authorized. Shares issued include shares outstanding and shares held in the treasury. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Total number of shares of common stock held by shareholders. May be all or portion of the number of common shares authorized. These shares represent the ownership interest of the common shareholders. Shares outstanding equals shares issued minus shares held in treasury and other adjustments, if any. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The accumulated amount of amortization of a major finite-lived intangible asset class. A major class is composed of intangible assets that can be grouped together because they are similar, either by their nature or by their use in the operations of a company. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The number of general partner units outstanding. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The number of limited partner units outstanding. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The fair value, as of the date of each statement of financial position presented, of finance receivables which are owned but transferred to serve as collateral for the payment of the related debt obligation, and that are reclassified and separately reported in the statement of financial position. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Aggregate dividends declared during the period for each share of common stock outstanding. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
The aggregate expense recognized in the current period that allocates the cost of tangible assets, intangible assets, or depleting assets to periods that benefit from use of the assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The amount of plan compensation cost recognized during the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The gains (losses) included in earnings resulting from the sale or disposal of tangible assets. This item does not include any gain (loss) recognized on the sale of oil and gas property or timber property. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The aggregate total of expenses of managing and administering the affairs of an entity, including affiliates of the reporting entity, which are not directly or indirectly associated with the manufacture, sale or creation of a product or product line. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Sum of operating profit and nonoperating income or expense before Income or Loss from equity method investments, income taxes, extraordinary items, and noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The sum of the current income tax expense or benefit and the deferred income tax expense or benefit pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Interest and debt related expenses associated with nonoperating financing activities of the entity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Rental expense incurred for leased assets including furniture and equipment which has not been recognized in costs and expenses applicable to sales and revenues; for example, cost of goods sold or other operating costs and expenses. No definition available.
|
| X | ||||||||||
|
- Definition
The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Aggregate amount of net income allocated to general partners. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Aggregate amount of net income allocated to limited partners. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The portion of net Income or Loss attributable to the noncontrolling interest (if any) deducted in order to derive the portion attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The amount of net income or loss for the period per each limited partnership and general partnership unit in instances when basic and diluted earnings per unit are the same amount and aggregated on the face of the financial statements. Basic earnings per unit is the amount of net income or loss for the period per unit outstanding during the reporting period. Diluted earnings per unit includes the amount of net income or loss for the period available to each limited and general partnership unit outstanding during the reporting period and to each unit that would have been outstanding assuming the issuance of units for all dilutive potential units outstanding during the reporting period. No definition available.
|
| X | ||||||||||
|
- Definition
The aggregate amount of income or expense from ancillary business-related activities (that is to say, excluding major activities considered part of the normal operations of the business). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The net result for the period of deducting operating expenses from operating revenues. No definition available.
|
| X | ||||||||||
|
- Definition
The total amount of other operating cost and expense items that are associated with the entity's normal revenue producing operation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Other costs incurred during the reporting period related to other revenue generating activities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Revenues from the sale of other goods or rendering of other services, not elsewhere specified in the taxonomy; net of (reduced by) sales adjustments, returns, allowances, and discounts. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Cost incurred related to propane gas during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Revenue from sale of propane gas, a product derived from other petroleum products during oil or natural gas processing. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
Total revenue from sale of goods and services rendered during the reporting period, in the normal course of business, reduced by sales returns and allowances, and sales discounts. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
Condensed Consolidated Statements Of Earnings (Parenthetical) (USD $)
In Millions, unless otherwise specified |
3 Months Ended | |
|---|---|---|
|
Oct. 31, 2011
|
Oct. 31, 2010
|
|
|
Operating Expense [Member]
|
||
| Non-cash stock and unit-based compensation | $ 1.2 | $ 0.1 |
|
General And Administrative Expense [Member]
|
||
| Non-cash stock and unit-based compensation | 1.7 | 0.9 |
|
Ferrellgas, L.P. And Subsidiaries [Member] | Operating Expense [Member]
|
||
| Non-cash stock and unit-based compensation | 1.2 | 0.1 |
|
Ferrellgas, L.P. And Subsidiaries [Member] | General And Administrative Expense [Member]
|
||
| Non-cash stock and unit-based compensation | $ 1.7 | $ 0.9 |
| X | ||||||||||
|
- Definition
Represents the expense recognized during the period arising from equity-based compensation arrangements (for example, shares of stock, unit, stock options or other equity instruments) with employees, directors and certain consultants qualifying for treatment as employees. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
Condensed Consolidated Statements Of Partners' Capital (USD $)
|
Ferrellgas, L.P. And Subsidiaries [Member]
Common Unitholders [Member]
|
Ferrellgas, L.P. And Subsidiaries [Member]
General Partner Unitholder [Member]
|
Ferrellgas, L.P. And Subsidiaries [Member]
Risk Management [Member]
|
Ferrellgas, L.P. And Subsidiaries [Member]
Currency Translation Adjustments [Member]
|
Ferrellgas, L.P. And Subsidiaries [Member]
Pension Liability [Member]
|
Ferrellgas, L.P. And Subsidiaries [Member]
|
Common Unitholders [Member]
|
General Partner Unitholder [Member]
|
Risk Management [Member]
|
Currency Translation Adjustments [Member]
|
Pension Liability [Member]
|
Total Ferrellgas Partners, L.P. Partners' Capital [Member]
|
Non-controlling Interest [Member]
|
Total
|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value at Jul. 31, 2010 | $ 141,281,000 | $ (58,644,000) | $ (166,000) | $ 24,000 | $ (273,000) | $ 82,222,000 | $ 3,680,000 | $ 85,902,000 | ||||||
| Shares at Jul. 31, 2010 | 69,521,800 | 702,200 | ||||||||||||
| Contributions in connection with non-cash ESOP and stock and unit-based compensation charges | 3,388,000 | 34,000 | 0 | 0 | 0 | 3,422,000 | 35,000 | 3,457,000 | ||||||
| Distributions | (35,484,000) | (34,774,000) | (351,000) | 0 | 0 | 0 | (35,125,000) | (359,000) | (35,484,000) | |||||
| Common units issued in connection with acquisitions - shares | 63,500 | 600 | ||||||||||||
| Common units issued in connection with acquisitions - value | 1,625,000 | 16,000 | 0 | 0 | 0 | 1,641,000 | 17,000 | 1,658,000 | ||||||
| Common unit options issued - shares | 26,500 | 300 | ||||||||||||
| Common unit options issued - value | 308,000 | 3,000 | 0 | 0 | 0 | 311,000 | 3,000 | 314,000 | ||||||
| Comprehensive income (loss): | ||||||||||||||
| Net loss | (21,999,000) | (27,763,000) | (280,000) | 0 | 0 | 0 | (28,043,000) | (222,000) | (28,265,000) | |||||
| Cumulative effect of change in accounting principle | 1,230,000 | 12,000 | 0 | 0 | 0 | 1,242,000 | 13,000 | 1,255,000 | ||||||
| Other comprehensive income (loss): | ||||||||||||||
| Net earnings on risk management derivatives | 0 | 0 | 4,951,000 | 0 | 0 | 51,000 | ||||||||
| Reclassification of derivatives to earnings | 0 | 0 | (577,000) | 0 | 0 | (6,000) | ||||||||
| Foreign currency translation adjustment | 0 | 0 | 0 | 2,000 | 0 | |||||||||
| Other comprehensive income (loss) | 4,376,000 | 4,421,000 | ||||||||||||
| Comprehensive loss | (22,425,000) | (164,000) | (22,589,000) | |||||||||||
| Value at Oct. 31, 2010 | 85,295,000 | (59,210,000) | 4,208,000 | 26,000 | (273,000) | 30,046,000 | 3,212,000 | 33,258,000 | ||||||
| Shares at Oct. 31, 2010 | 69,611,800 | 703,100 | ||||||||||||
| Value at Jul. 31, 2011 | 261,323,000 | 2,669,000 | 5,161,000 | 26,000 | (493,000) | 268,686,000 | 139,614,000 | (58,660,000) | 5,098,000 | 26,000 | (491,000) | 85,587,000 | 2,730,000 | 88,317,000 |
| Shares at Jul. 31, 2011 | 75,966,400 | 767,300 | ||||||||||||
| Contributions in connection with non-cash ESOP and stock and unit-based compensation charges | 5,441,000 | 55,000 | 0 | 0 | 0 | 5,496,000 | 5,386,000 | 55,000 | 0 | 0 | 0 | 5,441,000 | 55,000 | 5,496,000 |
| Distributions | (38,367,000) | (391,000) | 0 | 0 | 0 | (38,758,000) | (37,983,000) | (384,000) | 0 | 0 | 0 | (38,367,000) | (391,000) | (38,758,000) |
| Comprehensive income (loss): | ||||||||||||||
| Net loss | (28,511,000) | (291,000) | 0 | 0 | 0 | (28,802,000) | (32,278,000) | (326,000) | 0 | 0 | 0 | (32,604,000) | (291,000) | (32,895,000) |
| Other comprehensive income (loss): | ||||||||||||||
| Net earnings on risk management derivatives | 0 | 0 | (2,528,000) | 0 | 0 | 0 | 0 | (2,502,000) | 0 | 0 | (26,000) | |||
| Reclassification of derivatives to earnings | 0 | 0 | (1,879,000) | 0 | 0 | 0 | 0 | (1,860,000) | 0 | 0 | (19,000) | |||
| Foreign currency translation adjustment | 0 | 0 | 0 | 2,000 | 0 | 0 | 0 | 0 | 2,000 | 0 | ||||
| Pension liability adjustment | 0 | 0 | 0 | 0 | 0 | |||||||||
| Other comprehensive income (loss) | (4,405,000) | (4,360,000) | (4,405,000) | |||||||||||
| Comprehensive loss | (33,207,000) | (36,964,000) | (336,000) | (37,300,000) | ||||||||||
| Value at Oct. 31, 2011 | $ 199,886,000 | $ 2,042,000 | $ 754,000 | $ 28,000 | $ (493,000) | $ 202,217,000 | $ 74,739,000 | $ (59,315,000) | $ 736,000 | $ 28,000 | $ (491,000) | $ 15,697,000 | $ 2,058,000 | $ 17,755,000 |
| Shares at Oct. 31, 2011 | 75,966,400 | 767,300 |
| X | ||||||||||
|
- Definition
Contributions in connection with ESOP and stock-based compensation charges No definition available.
|
| X | ||||||||||
|
- Definition
This element represents the effect on net income, net of income taxes, of a change in accounting principle reported on the income statement in the period, which occurred before retrospective adjustments were required, recognized by the economic entity. The economic entity includes both controlling and noncontrolling interests. No definition available.
|
| X | ||||||||||
|
- Definition
The change in equity [net assets] of a business enterprise during a period from transactions and other events and circumstances from non-owner sources which are attributable to the reporting entity. It includes all changes in equity during a period except those resulting from investments by owners and distributions to owners, but excludes any and all transactions which are directly or indirectly attributable to that ownership interest in subsidiary equity which is not attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
The increase (decrease) in accumulated comprehensive income during the period related to pension and other postretirement benefit plans, after tax. While for technical reasons this element has no balance attribute, the default assumption is a credit balance consistent with its label. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
|
- Definition
Pre tax adjustment that results from the process of translating subsidiary financial statements and foreign equity investments into functional currency of the reporting entity, net of reclassification of realized foreign currency translation gains (losses). Includes gain (loss) on foreign currency forward exchange contracts. Includes foreign currency transactions designated as hedges of net investment in a foreign entity and intercompany foreign currency transactions that are of a long-term nature, when the entities to the transaction are consolidated, combined, or accounted for by the equity method in the reporting enterprise's financial statements. Includes the gain (loss) on a derivative instrument or nonderivative financial instrument that may give rise to a foreign currency transaction gain (loss) that has been designated and qualified as a hedging instrument for hedging of the foreign currency exposure of a net investment in a foreign operation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
|
- Definition
This element represents Other Comprehensive Income or Loss, Net of Tax, for the period. Includes deferred gains or losses on qualifying hedges, unrealized holding gains or losses on available-for-sale securities, minimum pension liability, and cumulative translation adjustment. While for technical reasons this element has no balance attribute, the default assumption is a credit balance consistent with its label. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Details
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| X | ||||||||||
|
- Definition
Net of tax effect of the reclassification adjustment for accumulated gains and losses from derivative instrument designated and qualifying as the effective portion of cash flow hedges included in accumulated comprehensive income that was realized in net income during the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Change in accumulated gains and losses from derivative instrument designated and qualifying as the effective portion of cash flow hedges, net of tax effect. The after tax effect change includes an entity's share of an equity investee's Increase or Decrease in deferred hedging gains or losses. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
|
- Definition
Change in the different classes of partners' capital accounts during the year due to acquisitions. Partners include general, limited and preferred partners. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
|
- Definition
Total distributions to each class of partners (i.e., general, limited and preferred partners). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
|
- Definition
Total change in each class of partners' capital accounts during the year due to unit-based compensation. All partners include general, limited and preferred partners. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The number of each class of partnership units outstanding at the balance sheet date. Units represent shares of ownership of the general, limited, and preferred partners. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Change in the number of units for each class of partners' capital accounts during the year due to acquisitions. Partners include general, limited and preferred partners. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The number of units issued due to unit-based compensation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Total of Partners' Capital (deficit) items including portions attributable to both the parent and noncontrolling interests (previously referred to as minority interest), if any. The entity including portions attributable to the parent and noncontrolling interests is sometimes referred to as the economic entity. This excludes temporary equity and is sometimes called permanent equity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
|
- Definition
The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Total distributions to each class of partners (i.e., general, limited and preferred partners) excluding noncontrolling interest" so that duplicate markups error does not occur with element from Statement of Partners' Capital. No definition available.
|
| X | ||||||||||
|
- Definition
The net cash inflow (outflow) from noncontrolled interest to increase or decrease the number of shares they have in the entity. Includes dividends paid to the noncontrolling interest. No definition available.
|
| X | ||||||||||
|
- Definition
Proceeds from (repayments of) collateralized short-term borrowings No definition available.
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
Unrestricted cash available for day-to-day operating needs, for an entity that has cash equivalents, but does not aggregate cash equivalents with cash on the balance sheet. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
|
- Definition
Includes currency on hand as well as demand deposits with banks or financial institutions. It also includes other kinds of accounts that have the general characteristics of demand deposits in that the Entity may deposit additional funds at any time and also effectively may withdraw funds at any time without prior notice or penalty. Cash equivalents, excluding items classified as marketable securities, include short-term, highly liquid investments that are both readily convertible to known amounts of cash, and so near their maturity that they present minimal risk of changes in value because of changes in interest rates. Generally, only investments with original maturities of three months or less qualify under that definition. Original maturity means original maturity to the entity holding the investment. For example, both a three-month US Treasury bill and a three-year Treasury note purchased three months from maturity qualify as cash equivalents. However, a Treasury note purchased three years ago does not become a cash equivalent when its remaining maturity is three months. Compensating balance arrangements that do not legally restrict the withdrawal or usage of cash amounts may be reported as Cash and Cash Equivalents, while legally restricted deposits held as compensating balances against borrowing arrangements, contracts entered into with others, or company statements of intention with regard to particular deposits are not generally reported as cash and cash equivalents. Includes cash and cash equivalents associated with the entity's continuing operations. Excludes cash and cash equivalents associated with the disposal group (and discontinued operation). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
|
- Definition
The increase (decrease) during the reporting period in cash and cash equivalents. While for technical reasons this element has no balance attribute, the default assumption is a debit balance consistent with its label. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
|
- Definition
The component of income tax expense for the period representing the increase (decrease) in the entity's deferred tax assets and liabilities pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
|
- Definition
The aggregate expense recognized in the current period that allocates the cost of tangible assets, intangible assets, or depleting assets to periods that benefit from use of the assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
|
- Definition
The effect of exchange rate changes on cash balances held in foreign currencies. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
|
- Definition
The amount of plan compensation cost recognized during the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
|
- Definition
The net gain (loss) resulting from the sale, transfer, termination, or other disposition of assets during the period, excluding transactions involving capital leases, assets-held- or available-for-lease, and other real estate owned which, to the extent appropriate, are included in gains (losses) on the disposition of assets in nonoperating income (expense). No definition available.
|
| X | ||||||||||
|
- Definition
The increase (decrease) during the reporting period of the sum of amounts due within one year (or one business cycle) from customers for the credit sale of goods and services; and from note holders for outstanding loans. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The increase (decrease) during the reporting period in the aggregate amount of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
|
- Definition
The increase (decrease) during the reporting period in interest payable, which represents the amount owed to note holders, bond holders, and other parties for interest earned on loans or credit extended to the reporting entity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
|
- Definition
The increase (decrease) during the reporting period in the aggregate value of all inventory held by the reporting entity, associated with underlying transactions that are classified as operating activities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
The increase (decrease) during the reporting period in other obligations or expenses incurred but not yet paid. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The increase (decrease) during the reporting period in other obligations not otherwise defined in the taxonomy where the payments will be made in future periods. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The increase (decrease) during the reporting period in the value of prepaid expenses and other assets not separately disclosed in the statement of cash flows, for example, deferred expenses, intangible assets,or income taxes. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The net cash inflow or outflow from financing activity for the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
The net cash inflow or outflow from investing activity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
The net cash from (used in) all of the entity's operating activities, including those of discontinued operations, of the reporting entity. Operating activities generally involve producing and delivering goods and providing services. Operating activity cash flows include transactions, adjustments, and changes in value that are not defined as investing or financing activities. While for technical reasons this element has no balance attribute, the default assumption is a debit balance consistent with its label. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
Other income (expense) included in net income that results in no cash inflows or outflows in the period. Includes noncash adjustments to reconcile net income (loss) to cash provided by (used in) operating activities that are not separately disclosed. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
|
- Definition
Total contributions made by each class of partners (i.e., general, limited and preferred partners). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The cash outflow for loan and debt issuance costs. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
|
- Definition
The cash outflow associated with the acquisition of a business, net of the cash acquired from the purchase. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
|
- Definition
The cash outflow for purchases of and capital improvements on property, plant and equipment (capital expenditures), software, and other intangible assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
|
- Definition
The cash inflow associated with the amount received by a corporation from a shareholder during the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The cash inflow from a debt initially having maturity due after one year or beyond the operating cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The cash inflow from the capital received in cash from a partner in a partnership during the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The net cash inflow or outflow for borrowing having initial term of repayment within one year or the normal operating cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The cash inflow from the sale of property, plant and equipment (capital expenditures), software, and other intangible assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The cash inflow associated with the amount received from holders exercising their stock options. This item inherently excludes any excess tax benefit, which the entity may have realized and reported separately. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount of the current period expense charged against operations, the offset which is generally to the allowance for doubtful accounts for the purpose of reducing receivables, including notes receivable, to an amount that approximates their net realizable value (the amount expected to be collected). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The cash outflow for debt initially having maturity due after one year or beyond the normal operating cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The aggregate amount of noncash, equity-based employee remuneration. This may include the value of stock or unit options, amortization of restricted stock or units, and adjustment for officers' compensation. As noncash, this element is an add back when calculating net cash generated by operating activities using the indirect method. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
Partnership Organization And Formation
|
3 Months Ended |
|---|---|
|
Oct. 31, 2011
|
|
| Partnership Organization And Formation | A. Partnership organization and formation
Ferrellgas Partners, L.P. ("Ferrellgas Partners") is a publicly traded limited partnership, owning an approximate 99% limited partner interest in Ferrellgas, L.P. (the "operating partnership"). Ferrellgas Partners and the operating partnership are collectively referred to as "Ferrellgas." Ferrellgas, Inc. (the "general partner"), a wholly-owned subsidiary of Ferrell Companies, Inc. ("Ferrell Companies"), has retained a 1% general partner interest in Ferrellgas Partners and also holds an approximate 1% general partner interest in the operating partnership, representing an effective 2% general partner interest in Ferrellgas on a combined basis. As general partner, it performs all management functions required by Ferrellgas. As of October 31, 2011, Ferrell Companies beneficially owned 20.3 million of Ferrellgas Partners' outstanding common units.
The condensed consolidated financial statements of Ferrellgas reflect all adjustments that are, in the opinion of management, necessary for a fair presentation of the interim periods presented. All adjustments to the condensed consolidated financial statements were of a normal, recurring nature. The information included in this Quarterly Report on Form 10-Q should be read in conjunction with (i) the section entitled "Management's Discussion and Analysis of Financial Condition and Results of Operations" and (ii) the consolidated financial statements and accompanying notes, each as set forth in Ferrellgas' Annual Report on Form 10-K for fiscal 2011. |
|
Ferrellgas Partners Finance Corp. [Member]
|
|
| Partnership Organization And Formation | A. Formation
Ferrellgas Partners Finance Corp. (the "Finance Corp."), a Delaware corporation, was formed on March 28, 1996 and is a wholly-owned subsidiary of Ferrellgas Partners, L.P. (the "Partnership").
The condensed financial statements reflect all adjustments that are, in the opinion of management, necessary for a fair statement of the interim periods presented. All adjustments to the condensed financial statements were of a normal, recurring nature.
The Finance Corp. has nominal assets, does not conduct any operations, has no employees and serves as co-issuer and co-obligor for debt securities of the Partnership. |
|
Ferrellgas, L.P. And Subsidiaries [Member]
|
|
| Partnership Organization And Formation | A. Partnership organization and formation
Ferrellgas, L.P. is a limited partnership that owns and operates propane distribution and related assets. Ferrellgas Partners, L.P. ("Ferrellgas Partners"), a publicly traded limited partnership, holds an approximate 99% limited partner interest in, and consolidates, Ferrellgas, L.P. Ferrellgas, Inc. (the "general partner"), a wholly-owned subsidiary of Ferrell Companies, Inc. ("Ferrell Companies"), holds an approximate 1% general partner interest in Ferrellgas, L.P. and performs all management functions required by Ferrellgas, L.P.
The condensed consolidated financial statements of Ferrellgas, L.P. and subsidiaries reflect all adjustments that are, in the opinion of management, necessary for a fair presentation of the interim periods presented. All adjustments to the condensed consolidated financial statements were of a normal, recurring nature. The information included in this Quarterly Report on Form 10-Q should be read in conjunction with (i) the section entitled "Management's Discussion and Analysis of Financial Condition and Results of Operations" and (ii) the consolidated financial statements and accompanying notes, each as set forth in Ferrellgas, L.P.'s Annual Report on Form 10-K for fiscal 2011. |
|
Ferrellgas Finance Corp. [Member]
|
|
| Partnership Organization And Formation | A. Formation
Ferrellgas Finance Corp. (the "Finance Corp."), a Delaware corporation, was formed on January 16, 2003 and is a wholly-owned subsidiary of Ferrellgas, L.P. (the "Partnership").
The condensed financial statements reflect all adjustments that are, in the opinion of management, necessary for a fair statement of the interim periods presented. All adjustments to the condensed financial statements were of a normal, recurring nature.
The Finance Corp. has nominal assets, does not conduct any operations and has no employees. |
| X | ||||||||||
|
- Definition
Partnership organization and formation [Text block] No definition available.
|
|
Summary Of Significant Accounting Policies
|
3 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
Oct. 31, 2011
|
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| Summary Of Significant Accounting Policies | B. Summary of significant accounting policies
(1) Nature of operations: Ferrellgas Partners is a holding entity that conducts no operations and has two subsidiaries, Ferrellgas Partners Finance Corp. and the operating partnership. Ferrellgas Partners owns a 100% equity interest in Ferrellgas Partners Finance Corp., whose only business activity is to act as the co-issuer and co-obligor of any debt issued by Ferrellgas Partners. The operating partnership is the only operating subsidiary of Ferrellgas Partners. Ferrellgas is a single reportable operating segment.
(2) Accounting estimates: The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America ("GAAP") requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosures of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reported period. Actual results could differ from these estimates. Significant estimates impacting the condensed consolidated financial statements include accruals that have been established for contingent liabilities, pending claims and legal actions arising in the normal course of business, useful lives of property, plant and equipment assets, residual values of tanks, capitalization of customer tank installation costs, amortization methods of intangible assets, valuation methods used to value sales returns and allowances, allowance for doubtful accounts, fair values of derivative contracts and stock and unit-based compensation calculations.
(3) Supplemental cash flow information: For purposes of the condensed consolidated statements of cash flows, Ferrellgas considers cash equivalents to include all highly liquid debt instruments purchased with an original maturity of three months or less. Certain cash flow and significant non-cash activities are presented below:
(4) New accounting standards:
FASB Accounting Standard Update No. 2011-05 In June 2011, the Financial Accounting Standards Board ("FASB") issued FASB Accounting Standard Update No. 2011-05 (ASU 2011-05), which revises the presentation of comprehensive income in the financial statements. The new guidance requires entities to report components of comprehensive income in either a continuous statement of comprehensive income or two separate but consecutive statements. This guidance is effective for fiscal years, and interim periods within those years, beginning after December 15, 2011. Ferrellgas does not expect the adoption of this guidance in fiscal 2013 to have a significant impact on its financial position, results of operations or cash flows.
FASB Accounting Standard Update No. 2011-08 In September 2011, the FASB issued FASB Accounting Standard Update No. 2011-08 (ASU 2011-08), which amends the existing guidance on goodwill impairment testing. Under the new guidance, entities testing goodwill for impairment have the option of performing a qualitative assessment before calculating the fair value of the reporting unit. If an entity determines, on the basis of qualitative factors, that the fair value of the reporting unit is more likely than not less than the carrying amount, the two-step impairment test would be required. This guidance is effective for annual and interim goodwill impairment tests performed for fiscal years beginning after December 15, 2011. Ferrellgas does not expect the adoption of this guidance in fiscal 2013 to have a significant impact on its financial position, results of operations or cash flows. |
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|
Ferrellgas, L.P. And Subsidiaries [Member]
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Summary Of Significant Accounting Policies | B. Summary of significant accounting policies
(1) Nature of operations: Ferrellgas, L.P. is a single reportable operating segment engaged primarily in the distribution of propane and related equipment and supplies in the United States. The propane distribution market is seasonal because propane is used primarily for heating in residential and commercial buildings. Therefore, the results of operations for the three months ended October 31, 2011 and 2010 are not necessarily indicative of the results to be expected for a full fiscal year. Ferrellgas, L.P. serves approximately one million residential, industrial/commercial, portable tank exchange, agricultural, wholesale and other customers in all 50 states, the District of Columbia, and Puerto Rico.
(2) Accounting estimates: The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America ("GAAP") requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosures of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reported period. Actual results could differ from these estimates. Significant estimates impacting the condensed consolidated financial statements include accruals that have been established for contingent liabilities, pending claims and legal actions arising in the normal course of business, useful lives of property, plant and equipment assets, residual values of tanks, capitalization of customer tank installation costs, amortization methods of intangible assets, valuation methods used to value sales returns and allowances, allowance for doubtful accounts, fair values of derivative contracts and stock and unit-based compensation calculations.
(3) Supplemental cash flow information: For purposes of the condensed consolidated statements of cash flows, Ferrellgas, L.P. considers cash equivalents to include all highly liquid debt instruments purchased with an original maturity of three months or less. Certain cash flow and significant non-cash activities are presented below:
(4) New accounting standards:
FASB Accounting Standard Update No. 2011-05 In June 2011, the Financial Accounting Standards Board ("FASB") issued FASB Accounting Standard Update No. 2011-05 (ASU 2011-05), which revises the presentation of comprehensive income in the financial statements. The new guidance requires entities to report components of comprehensive income in either a continuous statement of comprehensive income or two separate but consecutive statements. This guidance is effective for fiscal years, and interim periods within those years, beginning after December 15, 2011. Ferrellgas, L.P. does not expect the adoption of this guidance in fiscal 2013 to have a significant impact on its financial position, results of operations or cash flows.
FASB Accounting Standard Update No. 2011-08 In September 2011, the FASB issued FASB Accounting Standard Update No. 2011-08 (ASU 2011-08), which amends the existing guidance on goodwill impairment testing. Under the new guidance, entities testing goodwill for impairment have the option of performing a qualitative assessment before calculating the fair value of the reporting unit. If an entity determines, on the basis of qualitative factors, that the fair value of the reporting unit is more likely than not less than the carrying amount, the two-step impairment test would be required. This guidance is effective for annual and interim goodwill impairment tests performed for fiscal years beginning after December 15, 2011. Ferrellgas, L.P. does not expect the adoption of this guidance in fiscal 2013 to have a significant impact on its financial position, results of operations or cash flows. |
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| X | ||||||||||
|
- Definition
The entire disclosure for all significant accounting policies of the reporting entity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Supplemental Financial Statement Information
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3 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Oct. 31, 2011
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| Supplemental Financial Statement Information | C. Supplemental financial statement information
Inventories consist of the following:
In addition to inventories on hand, Ferrellgas enters into contracts primarily to buy propane for supply procurement purposes. Most of these contracts have terms of less than one year and call for payment based on market prices at the date of delivery. All supply procurement fixed price contracts have terms of fewer than 24 months. As of October 31, 2011, Ferrellgas had committed, for supply procurement purposes, to take delivery of approximately 104.6 million gallons of propane at fixed prices.
Other current liabilities consist of the following:
Shipping and handling expenses are classified in the following condensed consolidated statements of earnings line items:
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Ferrellgas, L.P. And Subsidiaries [Member]
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| Supplemental Financial Statement Information | C. Supplemental financial statement information
Inventories consist of the following:
In addition to inventories on hand, Ferrellgas, L.P. enters into contracts primarily to buy propane for supply procurement purposes. Most of these contracts have terms of less than one year and call for payment based on market prices at the date of delivery. All supply procurement fixed price contracts have terms of fewer than 24 months. As of October 31, 2011, Ferrellgas, L.P. had committed, for supply procurement purposes, to take delivery of approximately 104.6 million gallons of propane at fixed prices.
Other current liabilities consist of the following:
Shipping and handling expenses are classified in the following condensed consolidated statements of earnings line items:
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- Definition
The entire disclosures of supplemental information, including descriptions and amounts, related to the balance sheet, income statement, and/or cash flow statement. No definition available.
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Accounts And Notes Receivable, Net
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Oct. 31, 2011
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| Accounts And Notes Receivable, Net | D. Accounts and notes receivable, net
Accounts and notes receivable, net consist of the following:
The operating partnership, through Ferrellgas Receivables, securitizes a portion of its trade accounts receivable through a commercial paper conduit for proceeds of up to $145.0 million. At October 31, 2011, $139.5 million of trade accounts receivable were pledged as collateral against $81.0 million of collateralized notes payable due to the commercial paper conduit. These accounts receivable pledged as collateral are bankruptcy remote from the operating partnership. The operating partnership does not provide any guarantee or similar support to the collectability of these accounts receivable pledged as collateral.
The operating partnership structured Ferrellgas Receivables in order to facilitate securitization transactions while complying with Ferrellgas' various debt covenants. If the covenants were compromised, funding from the facility could be restricted or suspended, or its costs could increase. As of October 31, 2011, the operating partnership had received cash proceeds of $81.0 million from trade accounts receivables securitized, with the ability to receive proceeds of an additional $8.0 million. As of July 31, 2011, the operating partnership had received cash proceeds of $61.0 million from trade accounts receivables securitized, with the ability to receive proceeds of an additional $3.0 million. Borrowings under the accounts receivable securitization facility had a weighted average interest rate of 3.2% and 3.6% as of October 31, 2011 and July 31, 2011, respectively. |
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Ferrellgas, L.P. And Subsidiaries [Member]
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| Accounts And Notes Receivable, Net | D. Accounts and notes receivable, net
Accounts and notes receivable, net consist of the following:
Ferrellgas, L.P., through Ferrellgas Receivables, securitizes a portion of its trade accounts receivable through a commercial paper conduit for proceeds of up to $145.0 million. At October 31, 2011, $139.5 million of trade accounts receivable were pledged as collateral against $81.0 million of collateralized notes payable due to the commercial paper conduit. These accounts receivable pledged as collateral are bankruptcy remote from Ferrellgas, L.P. Ferrellgas, L.P. does not provide any guarantee or similar support to the collectability of these accounts receivable pledged as collateral.
Ferrellgas, L.P. structured Ferrellgas Receivables in order to facilitate securitization transactions while complying with Ferrellgas, L.P.'s various debt covenants. If the covenants were compromised, funding from the facility could be restricted or suspended, or its costs could increase. As of October 31, 2011, Ferrellgas, L.P. had received cash proceeds of $81.0 million from trade accounts receivables securitized, with the ability to receive proceeds of an additional $8.0 million. As of July 31, 2011, Ferrellgas, L.P. had received cash proceeds of $61.0 million from trade accounts receivables securitized, with the ability to receive proceeds of an additional $3.0 million. Borrowings under the accounts receivable securitization facility had a weighted average interest rate of 3.2% and 3.6% as of October 31, 2011 and July 31, 2011, respectively. |
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- Definition
The entire disclosure for claims held for amounts due a company. Examples include trade accounts receivables, notes receivables, loans receivables. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Debt
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3 Months Ended |
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Oct. 31, 2011
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| Debt | E. Debt
Short-term borrowings
Ferrellgas classified a portion of its secured credit facility borrowings as short-term because it was used to fund working capital needs that management had intended to pay down within the 12 month period following each balance sheet date. As of October 31, 2011 and July 31, 2011, $126.1 million and $64.9 million, respectively, were classified as short-term borrowings. For further discussion see the secured credit facility section below.
Secured credit facility
During September 2011, Ferrellgas executed an amendment to its secured credit facility. This amendment changed the maturity of the secured credit facility to five years, extending the maturity date to September 2016. There was no change to the size of the facility which remains at $400.0 million with a letter of credit sublimit of $200.0 million. Borrowings on the amended secured credit facility bear interest at rates ranging from 1.25% to 1.50% lower than the previous secured credit facility.
As of October 31, 2011, Ferrellgas had total borrowings outstanding under its secured credit facility of $209.3 million, of which $83.2 million was classified as long-term debt. As of July 31, 2011, Ferrellgas had total borrowings outstanding under its secured credit facility of $129.5 million, of which $64.6 million was classified as long-term debt.
Borrowings outstanding at October 31, 2011 and July 31, 2011 under the secured credit facility had a weighted average interest rate of 3.27% and 4.57%, respectively.
The obligations under this credit facility are secured by substantially all assets of the operating partnership, the general partner and certain subsidiaries of the operating partnership but specifically excluding (a) assets that are subject to the operating partnership's accounts receivable securitization facility, (b) the general partner's equity interest in Ferrellgas Partners and (c) equity interest in certain unrestricted subsidiaries. Such obligations are also guaranteed by the general partner and certain subsidiaries of the operating partnership.
Letters of credit outstanding at October 31, 2011 totaled $51.0 million and were used primarily to secure insurance arrangements and to a lesser extent, product purchases. Letters of credit outstanding at July 31, 2011 totaled $47.5 million and were used primarily to secure insurance arrangements and to a lesser extent, product purchases. At October 31, 2011, Ferrellgas had available letter of credit remaining capacity of $139.6 million. At July 31, 2011, Ferrellgas had available letter of credit remaining capacity of $152.5 million. |
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Ferrellgas, L.P. And Subsidiaries [Member]
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| Debt | E. Debt
Short-term borrowings
Ferrellgas, L.P. classified a portion of its secured credit facility borrowings as short-term because it was used to fund working capital needs that management had intended to pay down within the 12 month period following each balance sheet date. As of October 31, 2011 and July 31, 2011, $126.1 million and $64.9 million, respectively, were classified as short-term borrowings. For further discussion see the secured credit facility section below
Secured credit facility
During September 2011, Ferrellgas, L.P. executed an amendment to its secured credit facility. This amendment changed the maturity of the secured credit facility to five years, extending the maturity date to September 2016. There was no change to the size of the facility which remains at $400.0 million with a letter of credit sublimit of $200.0 million. Borrowings on the amended secured credit facility bear interest at rates ranging from 1.25% to 1.50% lower than the previous secured credit facility.
As of October 31, 2011, Ferrellgas, L.P. had total borrowings outstanding under its secured credit facility of $209.3 million, of which $83.2 million was classified as long-term debt. As of July 31, 2011, Ferrellgas, L.P. had total borrowings outstanding under its secured credit facility of $129.5 million, of which $64.6 million was classified as long-term debt.
Borrowings outstanding at October 31, 2011 and July 31, 2011 under the secured credit facility had a weighted average interest rate of 3.27% and 4.57%, respectively.
The obligations under this credit facility are secured by substantially all assets of Ferrellgas, L.P., the general partner and certain subsidiaries of Ferrellgas, L.P. but specifically excluding (a) assets that are subject to Ferrellgas, L.P.'s accounts receivable securitization facility, (b) the general partner's equity interest in Ferrellgas Partners and (c) equity interest in certain unrestricted subsidiaries. Such obligations are also guaranteed by the general partner and certain subsidiaries of Ferrellgas, L.P.
Letters of credit outstanding at October 31, 2011 totaled $51.0 million and were used primarily to secure insurance arrangements and to a lesser extent, product purchases. Letters of credit outstanding at July 31, 2011 totaled $47.5 million and were used primarily to secure insurance arrangements and to a lesser extent, product purchases. At October 31, 2011, Ferrellgas, L.P. had available letter of credit remaining capacity of $139.6 million. At July 31, 2011, Ferrellgas, L.P. had available letter of credit remaining capacity of $152.5 million. |
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- Definition
The entire disclosure for information about short-term and long-term debt arrangements, which includes amounts of borrowings under each line of credit, note payable, commercial paper issue, bonds indenture, debenture issue, own-share lending arrangements and any other contractual agreement to repay funds, and about the underlying arrangements, rationale for a classification as long-term, including repayment terms, interest rates, collateral provided, restrictions on use of assets and activities, whether or not in compliance with debt covenants, and other matters important to users of the financial statements, such as the effects of refinancing and noncompliance with debt covenants. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Partners' Capital
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Oct. 31, 2011
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| Partners' Capital | F. Partners' capital
Partnership distributions paid
Ferrellgas Partners has paid the following distributions:
(1) Ferrell Companies is the owner of the general partner and a 26% owner of Ferrellgas Partner's common units and thus a related party. (2) FCI Trading Corp. ("FCI Trading") is an affiliate of the general partner and thus a related party. (3) Ferrell Propane, Inc. ("Ferrell Propane") is controlled by the general partner and thus a related party. (4) James E. Ferrell is the Executive Chairman and Chairman of the Board of Directors of the general partner and thus a related party. On November 22, 2011, Ferrellgas Partners declared a cash distribution of $0.50 per common unit for the three months ended October 31, 2011, which is expected to be paid on December 15, 2011.
Included in this cash distribution are the following amounts expected to be paid to related parties:
See additional discussions about transactions with related parties in Note H – Transactions with related parties.
Other comprehensive income ("OCI")
See Note G – Derivatives – for details regarding changes in fair value on risk management financial derivatives recorded within OCI for the three months ended October 31, 2011 and 2010.
General partner's commitment to maintain its capital account
Ferrellgas' partnership agreements allows the general partner to have an option to maintain its effective 2% general partner interest concurrent with the issuance of other additional equity. During the three months ended October 31, 2011, the general partner made non-cash contributions of $0.1 million to Ferrellgas to maintain its effective 2% general partner interest.
During the three months ended October 31, 2010, the general partner made cash contributions of $39 thousand and non-cash contributions of $69 thousand to Ferrellgas to maintain its effective 2% general partner interest. |
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Ferrellgas, L.P. And Subsidiaries [Member]
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| Partners' Capital | F. Partners' capital
Partnership distributions paid
Ferrellgas, L.P. has paid the following distributions:
On November 22, 2011, Ferrellgas, L.P. declared distributions for the three months ended October 31, 2011 to Ferrellgas Partners and the general partner of $46.2 million and $0.5 million, respectively, which is expected to be paid on December 15, 2011.
See additional discussions about transactions with related parties in Note H – Transactions with related parties.
Other comprehensive income ("OCI")
See Note G – Derivatives – for details regarding changes in fair value on risk management financial derivatives recorded within OCI for the three months ended October 31, 2011.
General partner's commitment to maintain its capital account
Ferrellgas, L.P.'s partnership agreement allows the general partner to have an option to maintain its 1.0101% general partner interest concurrent with the issuance of other additional equity.
During the three months ended October 31, 2011, the general partner made non-cash contributions of $55 thousand to Ferrellgas, L.P. to maintain its 1.0101% general partner interest.
During the three months ended October 31, 2010, the general partner made cash contributions of $20 thousand and non-cash contributions of $35 thousand to Ferrellgas, L.P. to maintain its 1.0101% general partner interest. |
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- Definition
The entire disclosure for the formation, structure, control and ownership of the partnership. Disclosures related to accounts comprising partners' capital. Includes balances of general partners' capital account, limited partners' capital account, preferred partners' capital account and total partners' capital account and units outstanding; accumulated other comprehensive income; amount and nature of changes to amount of partner's capital and units outstanding by class, rights and privileges for each class of units; distribution policies and distributions paid by unit class; impact of and correction of an error in previously issued financial statements; limitations of partners' liability; redemption, conversion and distribution policies; and deferred compensation related to the issuance of units. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Derivatives
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Oct. 31, 2011
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| Derivatives | G. Derivatives
Commodity Price Risk Management
Ferrellgas' risk management activities primarily attempt to mitigate price risks related to the purchase, storage, transport and sale of propane generally in the contract and spot markets from major domestic energy companies on a short-term basis. Ferrellgas attempts to mitigate these price risks through the use of financial derivative instruments and forward propane purchase and sales contracts.
Ferrellgas' risk management strategy involves taking positions in the forward or financial markets that are equal and opposite to Ferrellgas' positions in the physical products market in order to minimize the risk of financial loss from an adverse price change. This risk management strategy is successful when Ferrellgas' gains or losses in the physical product markets are offset by its losses or gains in the forward or financial markets. These financial derivatives are designated as cash flow hedges.
Ferrellgas' risk management activities include the use of financial derivative instruments including, but not limited to, price swaps, options, futures and basis swaps to seek protection from adverse price movements and to minimize potential losses. Ferrellgas enters into these financial derivative instruments directly with third parties in the over-the-counter market and with brokers who are clearing members with the New York Mercantile Exchange. Ferrellgas also enters into forward propane purchase and sales contracts with counterparties. These forward contracts qualify for the normal purchase normal sales exception within GAAP guidance and are therefore not recorded on Ferrellgas' financial statements until settled.
Cash Flow Hedging Activity
Ferrellgas uses financial derivative instruments for risk management purposes to hedge a portion of its exposure to market fluctuations in propane prices. These financial derivative instruments are designated as cash flow hedging instruments, thus the effective portions of changes in the fair value of the financial derivatives are recorded in OCI prior to settlement and are subsequently recognized in the condensed consolidated statements of earnings in "Cost of product sold – propane and other gas liquids sales" when the forward or forecasted propane sales transaction impacts earnings. The effectiveness of cash flow hedges is evaluated at inception and on an on-going basis. Changes in the fair value of cash flow hedges due to hedge ineffectiveness, if any, are recognized in "Cost of product sold – propane and other gas liquids sales." During the three months ended October 31, 2011 and 2010, Ferrellgas did not recognize any gain or loss in earnings related to hedge ineffectiveness and did not exclude any component of the financial derivative contract gain or loss from the assessment of hedge effectiveness related to these cash flow hedges.
The fair value of the financial derivative instruments below are included within "Prepaid expenses and other current assets" and "Other current liabilities" on the condensed consolidated balance sheets:
Ferrellgas had the following cash flow hedge activity included in OCI in the condensed consolidated statements of partners' capital:
Ferrellgas expects to reclassify net gains of approximately $0.8 million to earnings during the next 12 months. These net gains are expected to be offset by margins on propane sales commitments Ferrellgas has with its customers that qualify for the normal purchase normal sales exception.
During the three months ended October 31, 2011 and 2010, Ferrellgas had no reclassifications to earnings resulting from discontinuance of any cash flow hedges arising from the probability of the original forecasted transactions not occurring within the originally specified period of time defined within the hedging relationship.
As of October 31, 2011, Ferrellgas had financial derivative contracts covering 0.7 million barrels of propane that were entered into as cash flow hedges of forward and forecasted purchases of propane.
During the three months ended October 31, 2011 and 2010, four counterparties represented 90% and 95%, respectively, of net settled cash flow hedging positions reported in "Cost of product sold – propane and other gas liquids sales." During the three months ended October 31, 2011 and 2010, Ferrellgas neither held nor entered into financial derivative contracts that contained credit risk related contingency features.
In accordance with GAAP, Ferrellgas determines the fair value of its assets and liabilities subject to fair value measurement by using the highest possible "Level" as defined within the GAAP hierarchy. The three levels defined by the GAAP hierarchy are as follows:
· Level 1 – Quoted prices available in active markets for identical assets or liabilities. · Level 2 – Pricing inputs not quoted in active markets but either directly or indirectly observable. · Level 3 – Significant inputs to pricing that have little or no transparency with inputs requiring significant management judgment or estimation.
Ferrellgas considers over-the-counter derivative instruments entered into directly with third parties as Level 2 valuation since the values of these derivatives are quoted by third party brokers and are on an exchange for similar transactions. The market prices used to value Ferrellgas' derivatives have been determined using independent third party prices, readily available market information, broker quotes, and appropriate valuation techniques.
The following tables provide the amounts and their corresponding level of hierarchy for our assets and liabilities that are measured at fair value. All financial derivatives assets and liabilities were non-trading positions.
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Ferrellgas, L.P. And Subsidiaries [Member]
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| Derivatives | G. Derivatives
Commodity Price Risk Management
Ferrellgas, L.P.'s risk management activities primarily attempt to mitigate price risks related to the purchase, storage, transport and sale of propane generally in the contract and spot markets from major domestic energy companies on a short-term basis. Ferrellgas, L.P. attempts to mitigate these price risks through the use of financial derivative instruments and forward propane purchase and sales contracts.
Ferrellgas, L.P.'s risk management strategy involves taking positions in the forward or financial markets that are equal and opposite to Ferrellgas, L.P.'s positions in the physical products market in order to minimize the risk of financial loss from an adverse price change. This risk management strategy is successful when Ferrellgas, L.P.'s gains or losses in the physical product markets are offset by its losses or gains in the forward or financial markets. These financial derivatives are designated as cash flow hedges.
Ferrellgas, L.P.'s risk management activities include the use of financial derivative instruments including, but not limited to, price swaps, options, futures and basis swaps to seek protection from adverse price movements and to minimize potential losses. Ferrellgas, L.P. enters into these financial derivative instruments directly with third parties in the over-the-counter market and with brokers who are clearing members with the New York Mercantile Exchange. Ferrellgas, L.P. also enters into forward propane purchase and sales contracts with counterparties. These forward contracts qualify for the normal purchase normal sales exception within GAAP guidance and are therefore not recorded on Ferrellgas, L.P.'s financial statements until settled.
Cash Flow Hedging Activity
Ferrellgas, L.P. uses financial derivative instruments for risk management purposes to hedge a portion of its exposure to market fluctuations in propane prices. These financial derivative instruments are designated as cash flow hedging instruments, thus the effective portions of changes in the fair value of the financial derivatives are recorded in OCI prior to settlement and are subsequently recognized in the condensed consolidated statements of earnings in "Cost of product sold – propane and other gas liquids sales" when the forward or forecasted propane sales transaction impacts earnings. The effectiveness of cash flow hedges is evaluated at inception and on an on-going basis. Changes in the fair value of cash flow hedges due to hedge ineffectiveness, if any, are recognized in "Cost of product sold – propane and other gas liquids sales." During the three months ended October 31, 2011 and 2010, Ferrellgas, L.P. did not recognize any gain or loss in earnings related to hedge ineffectiveness and did not exclude any component of the financial derivative contract gain or loss from the assessment of hedge effectiveness related to these cash flow hedges.
The fair value of the financial derivative instruments below are included within "Prepaid expenses and other current assets" and "Other current liabilities" on the condensed consolidated balance sheets:
Ferrellgas, L.P. had the following cash flow hedge activity included in OCI in the condensed consolidated statement of partners' capital for the three months ended October 31, 2011:
Ferrellgas, L.P. expects to reclassify net gains of approximately $0.8 million to earnings during the next 12 months. These net gains are expected to be offset by margins on propane sales commitments Ferrellgas, L.P. has with its customers that qualify for the normal purchase normal sales exception.
During the three months ended October 31, 2011 and 2010, Ferrellgas, L.P. had no reclassifications to earnings resulting from discontinuance of any cash flow hedges arising from the probability of the original forecasted transactions not occurring within the originally specified period of time defined within the hedging relationship.
As of October 31, 2011, Ferrellgas, L.P. had financial derivative contracts covering 0.7 million barrels of propane that were entered into as cash flow hedges of forward and forecasted purchases of propane.
During the three months ended October 31, 2011 and 2010, four counterparties represented 90% and 95%, respectively, of net settled cash flow hedging positions reported in "Cost of product sold – propane and other gas liquids sales." During the three months ended October 31, 2011 and 2010, Ferrellgas, L.P. neither held nor entered into financial derivative contracts that contained credit risk related contingency features.
In accordance with GAAP, Ferrellgas, L.P. determines the fair value of its assets and liabilities subject to fair value measurement by using the highest possible "Level" as defined within the GAAP hierarchy. The three levels defined by the GAAP hierarchy are as follows:
· Level 1 – Quoted prices available in active markets for identical assets or liabilities. · Level 2 – Pricing inputs not quoted in active markets but either directly or indirectly observable. · Level 3 – Significant inputs to pricing that have little or no transparency with inputs requiring significant management judgment or estimation.
Ferrellgas, L.P. considers over-the-counter derivative instruments entered into directly with third parties as Level 2 valuation since the values of these derivatives are quoted by third party brokers and are on an exchange for similar transactions. The market prices used to value Ferrellgas, L.P.'s derivatives have been determined using independent third party prices, readily available market information, broker quotes, and appropriate valuation techniques.
The following tables provide the amounts and their corresponding level of hierarchy for our assets and liabilities that are measured at fair value. All financial derivatives assets and liabilities were non-trading positions.
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- Definition
The entire disclosure for the entity's entire derivative instruments and hedging activities. Describes an entity's risk management strategies, derivatives in hedging activities and non-hedging derivative instruments, the assets, obligations, liabilities, revenues and expenses arising therefrom, and the amounts of and methodologies and assumptions used in determining the amounts of such items. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Transactions With Related Parties
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Oct. 31, 2011
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| Transactions With Related Parties | H. Transactions with related parties
General partner
Ferrellgas has no employees and is managed and controlled by its general partner. Pursuant to Ferrellgas' partnership agreements, the general partner is entitled to reimbursement for all direct and indirect expenses incurred or payments it makes on behalf of Ferrellgas and all other necessary or appropriate expenses allocable to Ferrellgas or otherwise reasonably incurred by its general partner in connection with operating Ferrellgas' business. These costs primarily include compensation and benefits paid to employees of the general partner who perform services on Ferrellgas' behalf and are reported in the condensed consolidated statements of earnings as follows:
See additional discussions about transactions with the general partner and related parties in Note F – Partners' capital. |
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Ferrellgas, L.P. And Subsidiaries [Member]
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| Transactions With Related Parties | H. Transactions with related parties
General partner
Ferrellgas, L.P. has no employees and is managed and controlled by its general partner. Pursuant to Ferrellgas, L.P.'s partnership agreement, the general partner is entitled to reimbursement for all direct and indirect expenses incurred or payments it makes on behalf of Ferrellgas, L.P., and all other necessary or appropriate expenses allocable to Ferrellgas, L.P. or otherwise reasonably incurred by its general partner in connection with operating Ferrellgas, L.P.'s business. These costs primarily include compensation and benefits paid to employees of the general partner who perform services on Ferrellgas, L.P.'s behalf and are reported in the condensed consolidated statements of earnings as follows:
See additional discussions about transactions with the general partner and related parties in Note F – Partners' capital. |
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- Definition
The entire disclosure for related party transactions, including the nature of the relationship(s), a description of the transactions, the amount of the transactions, the effects of any change in the method of establishing the terms of the transaction from the previous period, stated interest rate, expiration date, terms and manner of settlement per the agreement with the related party, and amounts due to or from related parties. If the entity and one or more other entities are under common ownership or management control and this control affects the operating results or financial position, disclosure includes the nature of the control relationship even if there are no transactions between the entities. Disclosure may also include the aggregate amount of current and deferred tax expense for each statement of earnings presented where the entity is a member of a group that files a consolidated tax return, the amount of any tax related balances due to or from affiliates as of the date of each statement of financial position presented, the principal provisions of the method by which the consolidated amount of current and deferred tax expense is allocated to the members of the group and the nature and effect of any changes in that method. Examples of related party transactions include transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners; and (d) affiliates. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Contingencies And Commitments
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Oct. 31, 2011
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| Contingencies And Commitments | I. Contingencies and commitments
Litigation
Ferrellgas' operations are subject to all operating hazards and risks normally incidental to handling, storing, transporting and otherwise providing for use by consumers of combustible liquids such as propane. As a result, at any given time, Ferrellgas is threatened with or named as a defendant in various lawsuits arising in the ordinary course of business. Other than as discussed below, Ferrellgas is not a party to any legal proceedings other than various claims and lawsuits arising in the ordinary course of business. It is not possible to determine the ultimate disposition of these matters; however, management is of the opinion that there are no known claims or contingent claims that are reasonably expected to have a material adverse effect on the consolidated financial condition, results of operations and cash flows of Ferrellgas.
Ferrellgas has been named as a defendant in lawsuits filed in multiple federal and state courts that seek to certify nationwide or statewide classes related to its Blue Rhino branded propane tank exchange activities. The plaintiffs in each case generally allege that Ferrellgas failed to inform consumers of the amount of propane contained in propane tanks they purchased and that Ferrellgas violated anti-trust laws by allegedly conspiring with a competitor. The federal cases have been coordinated for multidistrict treatment in the United States District Court for the Western District of Missouri. A settlement agreement has received preliminary approval by the Court. Ferrellgas believes these claims will not have a material impact on the consolidated financial condition, results of operations and cash flows of Ferrellgas beyond the $10.0 million litigation accrual that has been established for these claims.
Ferrellgas has also been named as a defendant in a class action lawsuit filed in the United States District Court in Kansas. The complaint alleges that Ferrellgas violates consumer protection laws in the manner Ferrellgas sets prices and fees for its customers. Based on Ferrellgas' business practices, Ferrellgas believes that the claims are without merit and intends to defend the claims vigorously. |
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Ferrellgas, L.P. And Subsidiaries [Member]
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| Contingencies And Commitments | I. Contingencies and commitments
Litigation
Ferrellgas, L.P.'s operations are subject to all operating hazards and risks normally incidental to handling, storing, transporting and otherwise providing for use by consumers of combustible liquids such as propane. As a result, at any given time, Ferrellgas, L.P. is threatened with or named as a defendant in various lawsuits arising in the ordinary course of business. Other than as discussed below, Ferrellgas, L.P. is not a party to any legal proceedings other than various claims and lawsuits arising in the ordinary course of business. It is not possible to determine the ultimate disposition of these matters; however, management is of the opinion that there are no known claims or contingent claims that are reasonably expected to have a material adverse effect on the consolidated financial condition, results of operations and cash flows of Ferrellgas, L.P.
Ferrellgas, L.P. has been named as a defendant in lawsuits filed in multiple federal and state courts that seek to certify nationwide or statewide classes related to its Blue Rhino branded propane tank exchange activities. The plaintiffs in each case generally allege that Ferrellgas, L.P. failed to inform consumers of the amount of propane contained in propane tanks they purchased and that Ferrellgas, L.P. violated anti-trust laws by allegedly conspiring with a competitor. The federal cases have been coordinated for multidistrict treatment in the United States District Court for the Western District of Missouri. A settlement agreement has received preliminary approval by the Court. Ferrellgas, L.P. believes these claims will not have a material impact on the consolidated financial condition, results of operations and cash flows of Ferrellgas, L.P. beyond the $10.0 million litigation accrual that has been established for these claims.
Ferrellgas, L.P. has also been named as a defendant in a class action lawsuit filed in the United States District Court in Kansas. The complaint alleges that Ferrellgas, L.P. violates consumer protection laws in the manner Ferrellgas, L.P. sets prices and fees for its customers. Based on Ferrellgas, L.P.'s business practices, Ferrellgas, L.P. believes that the claims are without merit and intends to defend the claims vigorously. |
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Ferrellgas Finance Corp. [Member]
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| Contingencies And Commitments |
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Ferrellgas Partners Finance Corp. [Member]
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| Contingencies And Commitments |
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- Definition
The entire disclosure for commitments and contingencies. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Net Loss Per Common Unitholders' Interest
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Oct. 31, 2011
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| Net Loss Per Common Unitholders' Interest | J. Net loss per common unitholders' interest
Below is a calculation of the basic and diluted net loss available per common unitholders' interest in the condensed consolidated statements of earnings for the periods indicated. In accordance with guidance issued by the FASB regarding participating securities and the two-class method, Ferrellgas calculates net earnings (loss) per common unitholders' interest for each period presented according to distributions declared and participation rights in undistributed earnings, as if all of the earnings or loss for the period had been distributed. In periods with undistributed earnings above certain levels, the calculation according to the two-class method results in an increased allocation of undistributed earnings to the general partner and a dilution of the earnings to the limited partners. Due to the seasonality of the propane business, the dilution effect of the guidance on the two-class method typically impacts only the three months ending January 31. There was not a dilutive effect resulting from this guidance on basic and diluted net loss per common unitholders' interest for the three months ended October 31, 2011 and 2010. In periods with net losses, the allocation of the net losses to the limited partners and the general partner will be determined based on the same allocation basis specified in the Ferrellgas Partners' partnership agreement that would apply to periods in which there were no undistributed earnings. Additionally, in periods with net losses, there are no dilutive securities.
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- Definition
The entire disclosure for earnings per share. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Summary Of Significant Accounting Policies (Policy)
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Oct. 31, 2011
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| Nature Of Operations | (1) Nature of operations: Ferrellgas Partners is a holding entity that conducts no operations and has two subsidiaries, Ferrellgas Partners Finance Corp. and the operating partnership. Ferrellgas Partners owns a 100% equity interest in Ferrellgas Partners Finance Corp., whose only business activity is to act as the co-issuer and co-obligor of any debt issued by Ferrellgas Partners. The operating partnership is the only operating subsidiary of Ferrellgas Partners. Ferrellgas is a single reportable operating segment.
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| Accounting Estimates | (2) Accounting estimates: The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America ("GAAP") requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosures of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reported period. Actual results could differ from these estimates. Significant estimates impacting the condensed consolidated financial statements include accruals that have been established for contingent liabilities, pending claims and legal actions arising in the normal course of business, useful lives of property, plant and equipment assets, residual values of tanks, capitalization of customer tank installation costs, amortization methods of intangible assets, valuation methods used to value sales returns and allowances, allowance for doubtful accounts, fair values of derivative contracts and stock and unit-based compensation calculations. |
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| Supplemental Cash Flow Information | (3) Supplemental cash flow information: For purposes of the condensed consolidated statements of cash flows, Ferrellgas considers cash equivalents to include all highly liquid debt instruments purchased with an original maturity of three months or less. Certain cash flow and significant non-cash activities are presented below:
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| New Accounting Standards | (4) New accounting standards:
FASB Accounting Standard Update No. 2011-05 In June 2011, the Financial Accounting Standards Board ("FASB") issued FASB Accounting Standard Update No. 2011-05 (ASU 2011-05), which revises the presentation of comprehensive income in the financial statements. The new guidance requires entities to report components of comprehensive income in either a continuous statement of comprehensive income or two separate but consecutive statements. This guidance is effective for fiscal years, and interim periods within those years, beginning after December 15, 2011. Ferrellgas does not expect the adoption of this guidance in fiscal 2013 to have a significant impact on its financial position, results of operations or cash flows.
FASB Accounting Standard Update No. 2011-08 In September 2011, the FASB issued FASB Accounting Standard Update No. 2011-08 (ASU 2011-08), which amends the existing guidance on goodwill impairment testing. Under the new guidance, entities testing goodwill for impairment have the option of performing a qualitative assessment before calculating the fair value of the reporting unit. If an entity determines, on the basis of qualitative factors, that the fair value of the reporting unit is more likely than not less than the carrying amount, the two-step impairment test would be required. This guidance is effective for annual and interim goodwill impairment tests performed for fiscal years beginning after December 15, 2011. Ferrellgas does not expect the adoption of this guidance in fiscal 2013 to have a significant impact on its financial position, results of operations or cash flows. |
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Ferrellgas, L.P. And Subsidiaries [Member]
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| Nature Of Operations | (1) Nature of operations: Ferrellgas, L.P. is a single reportable operating segment engaged primarily in the distribution of propane and related equipment and supplies in the United States. The propane distribution market is seasonal because propane is used primarily for heating in residential and commercial buildings. Therefore, the results of operations for the three months ended October 31, 2011 and 2010 are not necessarily indicative of the results to be expected for a full fiscal year. Ferrellgas, L.P. serves approximately one million residential, industrial/commercial, portable tank exchange, agricultural, wholesale and other customers in all 50 states, the District of Columbia, and Puerto Rico. |
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| Accounting Estimates | (2) Accounting estimates: The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America ("GAAP") requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosures of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reported period. Actual results could differ from these estimates. Significant estimates impacting the condensed consolidated financial statements include accruals that have been established for contingent liabilities, pending claims and legal actions arising in the normal course of business, useful lives of property, plant and equipment assets, residual values of tanks, capitalization of customer tank installation costs, amortization methods of intangible assets, valuation methods used to value sales returns and allowances, allowance for doubtful accounts, fair values of derivative contracts and stock and unit-based compensation calculations. |
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| Supplemental Cash Flow Information | (3) Supplemental cash flow information: For purposes of the condensed consolidated statements of cash flows, Ferrellgas, L.P. considers cash equivalents to include all highly liquid debt instruments purchased with an original maturity of three months or less. Certain cash flow and significant non-cash activities are presented below:
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| New Accounting Standards | (4) New accounting standards:
FASB Accounting Standard Update No. 2011-05 In June 2011, the Financial Accounting Standards Board ("FASB") issued FASB Accounting Standard Update No. 2011-05 (ASU 2011-05), which revises the presentation of comprehensive income in the financial statements. The new guidance requires entities to report components of comprehensive income in either a continuous statement of comprehensive income or two separate but consecutive statements. This guidance is effective for fiscal years, and interim periods within those years, beginning after December 15, 2011. Ferrellgas, L.P. does not expect the adoption of this guidance in fiscal 2013 to have a significant impact on its financial position, results of operations or cash flows.
FASB Accounting Standard Update No. 2011-08 In September 2011, the FASB issued FASB Accounting Standard Update No. 2011-08 (ASU 2011-08), which amends the existing guidance on goodwill impairment testing. Under the new guidance, entities testing goodwill for impairment have the option of performing a qualitative assessment before calculating the fair value of the reporting unit. If an entity determines, on the basis of qualitative factors, that the fair value of the reporting unit is more likely than not less than the carrying amount, the two-step impairment test would be required. This guidance is effective for annual and interim goodwill impairment tests performed for fiscal years beginning after December 15, 2011. Ferrellgas, L.P. does not expect the adoption of this guidance in fiscal 2013 to have a significant impact on its financial position, results of operations or cash flows. |
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Nature Of Operations Policy Text Block No definition available.
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New Accounting Standards [Policy Text Block] No definition available.
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- Definition
Disclosure of accounting policy for cash and cash equivalents, including the policy for determining which items are treated as cash equivalents. Other information that may be disclosed includes (1) the nature of any restrictions on the entity's use of its cash and cash equivalents, (2) whether the entity's cash and cash equivalents are insured or expose the entity to credit risk, (3) the classification of any negative balance accounts (overdrafts), and (4) the carrying basis of cash equivalents (for example, at cost) and whether the carrying amount of cash equivalents approximates fair value. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Disclosure of accounting policy for the use of estimates in the preparation of financial statements in conformity with generally accepted accounting principles. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Summary Of Significant Accounting Policies (Tables)
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Oct. 31, 2011
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| Significant Cash And Non-Cash Activities |
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Ferrellgas, L.P. And Subsidiaries [Member]
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| Significant Cash And Non-Cash Activities |
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Cash and Non-Cash Activities [Table Text Block] No definition available.
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Supplemental Financial Statement Information (Tables)
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Oct. 31, 2011
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| Schedule Of Inventories |
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| Other Current Liabilities |
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| Shipping And Handling Expenses |
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Ferrellgas, L.P. And Subsidiaries [Member]
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| Schedule Of Inventories |
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| Other Current Liabilities |
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| Shipping And Handling Expenses |
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Inventories [Table Text Block] No definition available.
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Other Current Liabilities [Table Text Block] No definition available.
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Shipping and Handling Expenses [Table Text Block] No definition available.
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Accounts And Notes Receivable, Net (Tables)
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Oct. 31, 2011
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| Accounts And Notes Receivable |
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Ferrellgas, L.P. And Subsidiaries [Member]
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| Accounts And Notes Receivable |
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Tabular disclosure of the various types of trade accounts and notes receivable and for each the gross carrying value, allowance, and net carrying value as of the balance sheet date. Presentation is categorized by current, noncurrent and unclassified receivables. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Partners' Capital (Tables)
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Oct. 31, 2011
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| Partners Distribution Paid |
(1) Ferrell Companies is the owner of the general partner and a 26% owner of Ferrellgas Partner's common units and thus a related party. (2) FCI Trading Corp. ("FCI Trading") is an affiliate of the general partner and thus a related party. (3) Ferrell Propane, Inc. ("Ferrell Propane") is controlled by the general partner and thus a related party. (4) James E. Ferrell is the Executive Chairman and Chairman of the Board of Directors of the general partner and thus a related party. |
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| Ferrellgas Declared Cash Distribution |
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| Partners Distribution Paid |
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Partners Capital Distribution Paid [Table Text Block] No definition available.
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Tabular disclosure of payments of cash or stock or units made to members or limited partners of the LLC or LP during an accounting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Derivatives (Tables)
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Oct. 31, 2011
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| Fair Value Of The Financial Derivative Instruments |
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| Cash Flow Hedge Activity Included In OCI |
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| Assets And Liabilities Measured At Fair Value |
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Ferrellgas, L.P. And Subsidiaries [Member]
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| Fair Value Of The Financial Derivative Instruments |
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| Cash Flow Hedge Activity Included In OCI |
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| Assets And Liabilities Measured At Fair Value |
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- Definition
Tabular disclosure of assets and liabilities by class, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, that are measured at fair value on a nonrecurring basis in periods after initial recognition (for example, impaired assets). The disclosures that may be required or desired include: (a) the fair value measurements recorded during the period and the reasons for the measurements and (b) the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets or liabilities (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3). Where the quoted price in an active market for the identical liability is not available, the Level 1 input is the quoted price of an identical liability when traded as an asset. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Tabular disclosure of the effective portion of gains and losses on derivative instruments (and nonderivative instruments) designated and qualifying in net investment hedges recorded in accumulated other comprehensive income (loss) during the term of the hedging relationship and reclassified into earnings during the current period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Tabular disclosure of price risk derivatives, including, but not limited to, the fair value of the derivatives, statement of financial position location, and statement of financial performance location of these instruments. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Transactions With Related Parties (Tables)
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Oct. 31, 2011
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| Primarily Include Compensation And Benefits Paid To Employees Of The General Partner |
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Ferrellgas, L.P. And Subsidiaries [Member]
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| Primarily Include Compensation And Benefits Paid To Employees Of The General Partner |
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Transactions With Related Parties [Table Text Block] No definition available.
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Net Loss Per Common Unitholders' Interest (Tables)
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Oct. 31, 2011
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| Net Loss Per Common Unitholders' Interest [Abstract] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Basic And Diluted Net Earnings Per Common Unitholders' Interest |
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Tabular disclosure of an entity's basic and diluted earnings per share calculations. No definition available.
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Partnership Organization And Formation (Details)
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3 Months Ended | 3 Months Ended | |||||
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Oct. 31, 2011
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Oct. 31, 2011
Ferrellgas, L.P. And Subsidiaries [Member]
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Oct. 31, 2011
Ferrellgas Finance Corp. [Member]
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Jul. 31, 2011
Ferrellgas Finance Corp. [Member]
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Oct. 31, 2011
Ferrellgas Partners Finance Corp. [Member]
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Jul. 31, 2011
Ferrellgas Partners Finance Corp. [Member]
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Oct. 31, 2011
Ferrell Companies [Member]
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| Limited partner interest | 99.00% | 99.00% | |||||
| General partner interest in Ferrellgas Partners | 1.00% | ||||||
| General partner interest in the operating partnership | 1.00% | 1.00% | |||||
| General partner interest in Ferrellgas on a combined basis | 2.00% | ||||||
| Equity interest in subsidiary | 100.00% | 100.00% | 26.00% | ||||
| Common stock shares outstanding | 1,000 | 1,000 | 1,000 | 1,000 | 20,300,000 | ||
| Number of employees | 0 | 0 | 0 | 0 | |||
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- Definition
Number of persons employed by the Entity No definition available.
|
| X | ||||||||||
|
- Definition
General Partner Interest No definition available.
|
| X | ||||||||||
|
- Definition
Represents the general partner's interest in the operating partnership. No definition available.
|
| X | ||||||||||
|
- Definition
General Partner Interest on a Combined Basis No definition available.
|
| X | ||||||||||
|
- Definition
Total number of shares of common stock held by shareholders. May be all or portion of the number of common shares authorized. These shares represent the ownership interest of the common shareholders. Shares outstanding equals shares issued minus shares held in treasury and other adjustments, if any. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The number of units or percentage investment held in the subsidiary by the limited liability company or limited partnership. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Percentage of subsidiary's or equity method investee's stock owned by parent immediately after all stock transactions. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
Summary Of Significant Accounting Policies (Narrative) (Details)
|
3 Months Ended |
|---|---|
|
Oct. 31, 2011
|
|
| Approximate number of customers in 50 states | 1,000,000 |
| Equity interest in subsidiary | 100.00% |
| Number of subsidiaries | 2 |
| Number of states in which operating partnership serves | 50 |
|
Ferrellgas, L.P. And Subsidiaries [Member]
|
|
| Approximate number of customers in 50 states | 1,000,000 |
| Equity interest in subsidiary | 100.00% |
| Number of states in which operating partnership serves | 50 |
| X | ||||||||||
|
- Definition
Approximate Number Of Customers In Fifty States No definition available.
|
| X | ||||||||||
|
- Definition
Number Of Entity Subsidiaries No definition available.
|
| X | ||||||||||
|
- Definition
Number of states No definition available.
|
| X | ||||||||||
|
- Definition
Percentage of subsidiary's or equity method investee's stock owned by parent immediately after all stock transactions. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
Summary Of Significant Accounting Policies (Significant Cash And Non-Cash Activities) (Details) (USD $)
In Thousands, unless otherwise specified |
3 Months Ended | |
|---|---|---|
|
Oct. 31, 2011
|
Oct. 31, 2010
|
|
| Interest | $ 16,817 | $ 17,065 |
| Income taxes | 3 | 0 |
| Issuance of common units in connection with acquisitions | 0 | 1,625 |
| Issuance of liabilities in connection with acquisitions | 952 | 538 |
| Property, plant and equipment additions | 642 | 474 |
|
Ferrellgas, L.P. And Subsidiaries [Member]
|
||
| Interest | 16,817 | 17,065 |
| Income taxes | 2 | 0 |
| Assets contributed from Ferrellgas Partners in connection with acquisitions | 0 | 1,625 |
| Issuance of liabilities in connection with acquisitions | 952 | 538 |
| Property, plant and equipment additions | $ 642 | $ 474 |
| X | ||||||||||
|
- Definition
Non-cash issuance of common units in connection with acquisitions. No definition available.
|
| X | ||||||||||
|
- Definition
Non-cash issuance of liabilities in connection with acquisitions No definition available.
|
| X | ||||||||||
|
- Definition
Non-cash contributed assets in connection with acquisitions. No definition available.
|
| X | ||||||||||
|
- Definition
The amount of cash paid during the current period to foreign, federal, state, and local authorities as taxes on income. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The amount of cash paid for interest during the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Current year acquisitions of long-lived, physical assets used in the normal conduct of business and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software. No definition available.
|
|
Supplemental Financial Statement Information (Narrative) (Details)
|
3 Months Ended |
|---|---|
|
Oct. 31, 2011
|
|
| Supplemental Financial Statement Information [Line Items] | |
| Net procurement of fixed priced propane by Ferrellgas in gallons | 104,600,000 |
|
Ferrellgas, L.P. And Subsidiaries [Member]
|
|
| Supplemental Financial Statement Information [Line Items] | |
| Net procurement of fixed priced propane by Ferrellgas in gallons | 104,600,000 |
|
Maximum [Member]
|
|
| Supplemental Financial Statement Information [Line Items] | |
| Contract term duration, years | 1 |
| Supply procurement contract duration, months | 24 |
|
Maximum [Member] | Ferrellgas, L.P. And Subsidiaries [Member]
|
|
| Supplemental Financial Statement Information [Line Items] | |
| Contract term duration, years | 1 |
| Supply procurement contract duration, months | 24 |
| X | ||||||||||
|
- Definition
Maximum Period Of Inventory Procurement Fixed Price No definition available.
|
| X | ||||||||||
|
- Definition
Net Procurement Of Fixed Priced Propane In Gallons No definition available.
|
| X | ||||||||||
|
- Definition
Standard Contract Term Duration Years No definition available.
|
| X | ||||||||||
|
- Details
|
|
Supplemental Financial Statement Information (Schedule Of Inventories) (Details) (USD $)
In Thousands, unless otherwise specified |
Oct. 31, 2011
|
Jul. 31, 2011
|
|---|---|---|
| Propane gas and related products | $ 161,237 | $ 113,826 |
| Appliances, parts and supplies | 23,293 | 22,313 |
| Inventories | 184,530 | 136,139 |
|
Ferrellgas, L.P. And Subsidiaries [Member]
|
||
| Propane gas and related products | 161,237 | 113,826 |
| Appliances, parts and supplies | 23,293 | 22,313 |
| Inventories | $ 184,530 | $ 136,139 |
| X | ||||||||||
|
- Definition
Carrying amount as of the balance sheet date of product derived from petroleum during the processing of oil or natural gas which is then used as a heat source or fuel. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Carrying amount (lower of cost or market) as of the balance sheet date of inventories less all valuation and other allowances. Excludes noncurrent inventory balances (expected to remain on hand past one year or one operating cycle, if longer). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Carrying amount, net of valuation reserves and allowances, as of the balance sheet date of inventories not otherwise specified in the taxonomy. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
Supplemental Financial Statement Information (Other Current Liabilities) (Details) (USD $)
In Thousands, unless otherwise specified |
Oct. 31, 2011
|
Jul. 31, 2011
|
|---|---|---|
| Accrued interest | $ 24,960 | $ 19,779 |
| Accrued litigation and insurance | 17,350 | 16,565 |
| Customer deposits and advances | 38,264 | 19,784 |
| Other | 54,743 | 48,685 |
| Other current liabilities | 135,317 | 104,813 |
|
Ferrellgas, L.P. And Subsidiaries [Member]
|
||
| Accrued interest | 19,029 | 17,773 |
| Accrued litigation and insurance | 17,350 | 16,565 |
| Customer deposits and advances | 38,264 | 19,784 |
| Other | 54,590 | 48,552 |
| Other current liabilities | $ 129,233 | $ 102,674 |
| X | ||||||||||
|
- Definition
Accrued Litigation and Insurance No definition available.
|
| X | ||||||||||
|
- Definition
The current portion of aggregate prepayments received from customers for goods or services to be provided in the future, as well as the current portion of money or property received from customers that are to be returned upon satisfactory contract completion or as partial prepayment for goods or services to be provided in the future. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Carrying value as of the balance sheet date of [accrued] interest payable on all forms of debt, including trade payables, that has been incurred and is unpaid. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Aggregate carrying amount, as of the balance sheet date, of obligations incurred and payable, pertaining to costs that are statutory in nature, are incurred on contractual obligations, or accumulate over time and for which invoices have not yet been received or will not be rendered and of liabilities not separately disclosed in the balance sheet. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Obligations not otherwise itemized or categorized in the footnotes to the financial statements that are due within one year or operating cycle, if longer, from the balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
Supplemental Financial Statement Information (Shipping And Handling Expenses) (Details) (USD $)
In Thousands, unless otherwise specified |
3 Months Ended | |
|---|---|---|
|
Oct. 31, 2011
|
Oct. 31, 2010
|
|
| Supplemental Financial Statement Information [Line Items] | ||
| Shipping and handling expenses | $ 48,463 | $ 47,126 |
|
Ferrellgas, L.P. And Subsidiaries [Member]
|
||
| Supplemental Financial Statement Information [Line Items] | ||
| Shipping and handling expenses | 48,463 | 47,126 |
|
Operating Expense [Member]
|
||
| Supplemental Financial Statement Information [Line Items] | ||
| Shipping and handling expenses | 43,788 | 42,284 |
|
Operating Expense [Member] | Ferrellgas, L.P. And Subsidiaries [Member]
|
||
| Supplemental Financial Statement Information [Line Items] | ||
| Shipping and handling expenses | 43,788 | 42,284 |
|
Depreciation And Amortization Expense [Member]
|
||
| Supplemental Financial Statement Information [Line Items] | ||
| Shipping and handling expenses | 1,584 | 1,481 |
|
Depreciation And Amortization Expense [Member] | Ferrellgas, L.P. And Subsidiaries [Member]
|
||
| Supplemental Financial Statement Information [Line Items] | ||
| Shipping and handling expenses | 1,584 | 1,481 |
|
Equipment Lease Expense [Member]
|
||
| Supplemental Financial Statement Information [Line Items] | ||
| Shipping and handling expenses | 3,091 | 3,361 |
|
Equipment Lease Expense [Member] | Ferrellgas, L.P. And Subsidiaries [Member]
|
||
| Supplemental Financial Statement Information [Line Items] | ||
| Shipping and handling expenses | $ 3,091 | $ 3,361 |
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
Cost incurred during the reporting period in transporting goods and services to customers. Includes freight-out costs. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Ability to Receive Additional Trade Accounts Receivable No definition available.
|
| X | ||||||||||
|
- Definition
Amount of trade accounts receivable pledged as collateral against collateralized notes payable due to the commercial paper conduit. No definition available.
|
| X | ||||||||||
|
- Definition
Weighted Average Discount Rate To Value The Retained Interest In The Transferred Receivables No definition available.
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
The amount for notes payable (written promise to pay), due to related parties. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The cash inflow from the collection of a retained interest in a receivable securitized via a structured process whereby interests in loans and other receivables are packaged, underwritten, and sold in the form of asset-backed securities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
Accounts And Notes Receivable, Net (Accounts And Notes Receivable) (Details) (USD $)
In Thousands, unless otherwise specified |
Oct. 31, 2011
|
Jul. 31, 2011
|
|---|---|---|
| Accounts receivable pledged as collateral | $ 139,451 | $ 112,509 |
| Accounts receivable | 70,215 | 51,104 |
| Other | 228 | 229 |
| Less: Allowance for doubtful accounts | (4,286) | (4,310) |
| Accounts and notes receivable, net | 205,608 | 159,532 |
|
Ferrellgas, L.P. And Subsidiaries [Member]
|
||
| Accounts receivable pledged as collateral | 139,451 | 112,509 |
| Accounts receivable | 70,215 | 51,104 |
| Other | 228 | 229 |
| Less: Allowance for doubtful accounts | (4,286) | (4,310) |
| Accounts and notes receivable, net | $ 205,608 | $ 159,532 |
| X | ||||||||||
|
- Definition
Carrying amount as of the balance sheet date, net of allowance for doubtful accounts, of account and note receivables due from other than related parties. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
For unclassified balance sheet, amounts due from customers or clients for goods or services that have been delivered or sold in the normal course of business. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
For an unclassified balance sheet, a valuation allowance for receivables due a company that are expected to be uncollectible. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Carrying amounts due as of the balance sheet date from parties or arising from transactions not otherwise specified in the taxonomy. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The fair value, as of the date of each statement of financial position presented, of other assets which are owned but transferred to serve as collateral for the payment of the related debt obligation, and that are reclassified and separately reported in the statement of financial position because the transferee has the right by contract or custom to sell or re-pledge them. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
Debt (Details) (USD $)
|
3 Months Ended | 12 Months Ended |
|---|---|---|
|
Oct. 31, 2011
years
|
Jul. 31, 2011
|
|
| Debt Instrument [Line Items] | ||
| Short-term borrowings | $ 126,071,000 | $ 64,927,000 |
|
Ferrellgas, L.P. And Subsidiaries [Member]
|
||
| Debt Instrument [Line Items] | ||
| Short-term borrowings | 126,071,000 | 64,927,000 |
|
Letter Of Credit [Member]
|
||
| Debt Instrument [Line Items] | ||
| Letters of credit outstanding | 51,000,000 | 47,500,000 |
| Letter of credit facility, remaining capacity | 139,600,000 | 152,500,000 |
|
Letter Of Credit [Member] | Ferrellgas, L.P. And Subsidiaries [Member]
|
||
| Debt Instrument [Line Items] | ||
| Letters of credit outstanding | 51,000,000 | 47,500,000 |
| Letter of credit facility, remaining capacity | 139,600,000 | 152,500,000 |
|
Secured Credit Facility [Member]
|
||
| Debt Instrument [Line Items] | ||
| Line of credit facility, maturity period | 5 | |
| Secured line of credit facility | 400,000,000 | |
| Debt instrument, maturity date | September 2016 | |
| Line of credit facility | 209,300,000 | 129,500,000 |
| Amount classified as long-term debt | 83,200,000 | 64,600,000 |
| Weighted average interest rate of secured credit facility | 3.27% | 4.57% |
|
Secured Credit Facility [Member] | Ferrellgas, L.P. And Subsidiaries [Member]
|
||
| Debt Instrument [Line Items] | ||
| Line of credit facility, maturity period | 5 | |
| Secured line of credit facility | 400,000,000 | |
| Debt instrument, maturity date | September 2016 | |
| Line of credit facility | 209,300,000 | 129,500,000 |
| Amount classified as long-term debt | 83,200,000 | 64,600,000 |
| Weighted average interest rate of secured credit facility | 3.27% | 4.57% |
|
Secured Credit Facility [Member] | Letter Of Credit [Member]
|
||
| Debt Instrument [Line Items] | ||
| Secured line of credit facility | 200,000,000 | |
|
Secured Credit Facility [Member] | Letter Of Credit [Member] | Ferrellgas, L.P. And Subsidiaries [Member]
|
||
| Debt Instrument [Line Items] | ||
| Secured line of credit facility | $ 200,000,000 | |
|
Reductions From Previous Facility Rate [Member] | Secured Credit Facility [Member]
|
||
| Debt Instrument [Line Items] | ||
| Interest rate, minimum | 1.25% | |
| Interest rate, maximum | 1.50% | |
|
Reductions From Previous Facility Rate [Member] | Secured Credit Facility [Member] | Ferrellgas, L.P. And Subsidiaries [Member]
|
||
| Debt Instrument [Line Items] | ||
| Interest rate, minimum | 1.25% | |
| Interest rate, maximum | 1.50% |
| X | ||||||||||
|
- Definition
Debt Instrument Maturity Dates No definition available.
|
| X | ||||||||||
|
- Definition
Line Of Credit Facility, Maturity Period No definition available.
|
| X | ||||||||||
|
- Definition
When presenting a range of interest rates, the highest effective rate for funds borrowed under the debt agreement as of the balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
When presenting a range of interest rates, the lowest effective rate for funds borrowed under the debt agreement as of the balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
The total amount of the contingent obligation under letters of credit outstanding as of the reporting date. No definition available.
|
| X | ||||||||||
|
- Definition
Amount borrowed under the credit facility as of the balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The effective interest rate during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Maximum borrowing capacity under the credit facility without consideration of any current restrictions on the amount that could be borrowed or the amounts currently outstanding under the facility. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount of borrowing capacity currently available under the credit facility (current borrowing capacity less the amount of borrowings outstanding). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The carrying value as of the balance sheet date of the noncurrent portion of long-term obligations drawn from a line of credit, which is a bank's commitment to make loans up to a specific amount. Examples of items that might be included in the application of this element may consist of letters of credit, standby letters of credit, and revolving credit arrangements, under which borrowings can be made up to a maximum amount as of any point in time conditional on satisfaction of specified terms before, as of and after the date of drawdowns on the line. Includes short-term obligations that would normally be classified as current liabilities but for which (a) postbalance sheet date issuance of a long term obligation to refinance the short term obligation on a long term basis, or (b) the enterprise has entered into a financing agreement that clearly permits the enterprise to refinance the short-term obligation on a long term basis and the following conditions are met (1) the agreement does not expire within 1 year and is not cancelable by the lender except for violation of an objectively determinable provision, (2) no violation exists at the BS date, and (3) the lender has entered into the financing agreement is expected to be financially capable of honoring the agreement. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Reflects the total carrying amount as of the balance sheet date of debt having initial terms less than one year or the normal operating cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Non cash contribution from partners. No definition available.
|
| X | ||||||||||
|
- Definition
Proceeds from contributions from partners No definition available.
|
| X | ||||||||||
|
- Definition
Date of declaration for distribution of cash, stock, or units to a member or limited partner of LLC or LP. No definition available.
|
| X | ||||||||||
|
- Definition
Date of distribution for distribution of cash, stock, or units to a member or limited partner of LLC or LP. No definition available.
|
| X | ||||||||||
|
- Definition
Per-share or per-unit cash distributions declared to a common shareholder or unit-holder by an LLC or LP. No definition available.
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
The aggregate amount of dividends declared, but not paid, as of the financial reporting date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The number of units or percentage investment held by one or more members or limited partners of the LLC or LP. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
Partners' Capital (Partners Distribution Paid) (Details) (USD $)
In Thousands, unless otherwise specified |
3 Months Ended | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
Oct. 31, 2011
|
Oct. 31, 2010
|
|||||||||||
| Limited Partners' Capital Account [Line Items] | ||||||||||||
| Distributions | $ 38,758 | $ 35,484 | ||||||||||
| Common unit and general partner distributions paid | 38,367 | 35,125 | ||||||||||
| Equity interest in subsidiaries common units | 100.00% | |||||||||||
|
Ferrellgas, L.P. And Subsidiaries [Member]
|
||||||||||||
| Limited Partners' Capital Account [Line Items] | ||||||||||||
| Distributions | 38,758 | 35,484 | ||||||||||
| Equity interest in subsidiaries common units | 100.00% | |||||||||||
|
Ferrell Companies [Member]
|
||||||||||||
| Limited Partners' Capital Account [Line Items] | ||||||||||||
| Common unit and general partner distributions paid | 10,040 | [1] | 10,040 | [1] | ||||||||
| Equity interest in subsidiaries common units | 26.00% | |||||||||||
|
FCI Trading Corp. [Member]
|
||||||||||||
| Limited Partners' Capital Account [Line Items] | ||||||||||||
| Common unit and general partner distributions paid | 98 | [2] | 98 | [2] | ||||||||
|
Ferrell Propane, Inc. [Member]
|
||||||||||||
| Limited Partners' Capital Account [Line Items] | ||||||||||||
| Common unit and general partner distributions paid | 26 | [3] | 26 | [3] | ||||||||
|
James E. Ferrell [Member]
|
||||||||||||
| Limited Partners' Capital Account [Line Items] | ||||||||||||
| Common unit and general partner distributions paid | 2,179 | [4] | 2,177 | [4] | ||||||||
|
General Partner [Member]
|
||||||||||||
| Limited Partners' Capital Account [Line Items] | ||||||||||||
| Common unit and general partner distributions paid | 384 | 351 | ||||||||||
|
General Partner [Member] | Ferrellgas, L.P. And Subsidiaries [Member]
|
||||||||||||
| Limited Partners' Capital Account [Line Items] | ||||||||||||
| Distributions | 391 | 359 | ||||||||||
|
Ferrellgas Partners [Member] | Ferrellgas, L.P. And Subsidiaries [Member]
|
||||||||||||
| Limited Partners' Capital Account [Line Items] | ||||||||||||
| Distributions | 38,367 | 35,125 | ||||||||||
|
Public Common Unitholders [Member]
|
||||||||||||
| Limited Partners' Capital Account [Line Items] | ||||||||||||
| Common unit and general partner distributions paid | $ 25,640 | $ 22,433 | ||||||||||
|
||||||||||||
| X | ||||||||||
|
- Definition
Common Unit and General Partner Distributions Paid to Partners No definition available.
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
Total distributions to each class of partners (i.e., general, limited and preferred partners). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Percentage of subsidiary's or equity method investee's stock owned by parent immediately after all stock transactions. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
Partners' Capital (Ferrellgas Declared Cash Distribution) (Details) (USD $)
In Thousands, unless otherwise specified |
3 Months Ended |
|---|---|
|
Oct. 31, 2011
|
|
|
Ferrell Companies [Member]
|
|
| Distribution Made to Member or Limited Partner [Line Items] | |
| Cash distribution paid to partners | $ 10,040 |
|
FCI Trading Corp. [Member]
|
|
| Distribution Made to Member or Limited Partner [Line Items] | |
| Cash distribution paid to partners | 98 |
|
Ferrell Propane, Inc. [Member]
|
|
| Distribution Made to Member or Limited Partner [Line Items] | |
| Cash distribution paid to partners | 26 |
|
James E. Ferrell [Member]
|
|
| Distribution Made to Member or Limited Partner [Line Items] | |
| Cash distribution paid to partners | 2,179 |
|
General Partner [Member]
|
|
| Distribution Made to Member or Limited Partner [Line Items] | |
| Cash distribution paid to partners | $ 384 |
| X | ||||||||||
|
- Definition
The amount of cash distributions paid to a common shareholder or unit-holder by a LLC or LP. No definition available.
|
| X | ||||||||||
|
- Details
|
|
Derivatives (Narrative) (Details) (USD $)
|
3 Months Ended | |
|---|---|---|
|
Oct. 31, 2011
|
Oct. 31, 2010
|
|
| Gain (loss) recognized in earnings related to hedge ineffectiveness | $ 0 | $ 0 |
| Reclassification of net gain to earnings during next 12 months | 800,000 | |
| Reclassification of gain (loss) to earnings from discontinuance of cash flow hedges | 0 | 0 |
| Number of barrels of propane entered into as cash flow hedges | 700,000 | |
| Percentage of top four companies cash flow hedge settled | 90.00% | 95.00% |
|
Ferrellgas, L.P. And Subsidiaries [Member]
|
||
| Gain (loss) recognized in earnings related to hedge ineffectiveness | 0 | 0 |
| Reclassification of net gain to earnings during next 12 months | 800,000 | |
| Reclassification of gain (loss) to earnings from discontinuance of cash flow hedges | $ 0 | $ 0 |
| Number of barrels of propane entered into as cash flow hedges | 700,000 | |
| Percentage of top four companies cash flow hedge settled | 90.00% | 95.00% |
| X | ||||||||||
|
- Definition
Percentage of top four companies cash flow hedge settled. No definition available.
|
| X | ||||||||||
|
- Definition
The estimated net amount of existing gains or losses on cash flow hedges at the reporting date expected to be reclassified to earnings within the next 12 months. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The net gain (loss) recognized in earnings during the reporting period representing the amount of the cash flow hedges' ineffectiveness. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The amount of net gain (loss) reclassified into earnings in the period when cash flow hedge is discontinued because it is probable that the original forecasted transactions will not occur by the end of the original period or an additional two month time period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Aggregate notional amount of price risk derivatives designated as a cash flow hedge with notional amounts expressed in nonmonetary units. For example the number of barrels specified in a fuel oil forward purchase contract. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
Derivatives (Cash Flow Hedge Activity Included In OCI) (Details) (USD $)
In Thousands, unless otherwise specified |
3 Months Ended | |
|---|---|---|
|
Oct. 31, 2011
|
Oct. 31, 2010
|
|
| Fair value gain (loss) adjustment classified as OCI with offset in Price risk management assets and Price risk management liabilities | $ (2,528) | $ 5,002 |
| Reclassification of net gains originally recorded within OCI to Cost of product sold - propane and other gas liquids | 1,879 | 583 |
|
Ferrellgas, L.P. And Subsidiaries [Member]
|
||
| Fair value gain (loss) adjustment classified as OCI with offset in Price risk management assets and Price risk management liabilities | (2,528) | |
| Reclassification of net gains originally recorded within OCI to Cost of product sold - propane and other gas liquids | $ 1,879 | |
| X | ||||||||||
|
- Definition
The amount of net gains or losses on a cash flow hedge reclassified in the period to cost of sales from accumulated other comprehensive income. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The amount of net gains or losses on price risk cash flow hedges reclassified during the period to earnings from accumulated other comprehensive income. No definition available.
|
|
Derivatives (Fair Value Of The Financial Derivative Instruments) (Details) (USD $)
In Thousands, unless otherwise specified |
Oct. 31, 2011
|
Jul. 31, 2011
|
|---|---|---|
| Derivatives, Fair Value [Line Items] | ||
| Derivatives - Price risk management assets | $ 2,044 | $ 7,637 |
| Derivatives - Price risk management liabilities | 1,290 | 2,476 |
|
Ferrellgas, L.P. And Subsidiaries [Member]
|
||
| Derivatives, Fair Value [Line Items] | ||
| Derivatives - Price risk management assets | 2,044 | 7,637 |
| Derivatives - Price risk management liabilities | 1,290 | 2,476 |
|
Prepaid Expenses And Other Current Assets [Member]
|
||
| Derivatives, Fair Value [Line Items] | ||
| Derivatives - Price risk management assets | 2,044 | 7,637 |
|
Prepaid Expenses And Other Current Assets [Member] | Ferrellgas, L.P. And Subsidiaries [Member]
|
||
| Derivatives, Fair Value [Line Items] | ||
| Derivatives - Price risk management assets | 2,044 | 7,637 |
|
Other Current Liabilities [Member]
|
||
| Derivatives, Fair Value [Line Items] | ||
| Derivatives - Price risk management liabilities | 1,290 | 2,476 |
|
Other Current Liabilities [Member] | Ferrellgas, L.P. And Subsidiaries [Member]
|
||
| Derivatives, Fair Value [Line Items] | ||
| Derivatives - Price risk management liabilities | $ 1,290 | $ 2,476 |
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
Fair value as of the balance sheet date of price risk derivative assets, which includes all such derivative instruments in hedging and nonhedging relationships that are recognized as assets on the balance sheet. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Fair value as of the balance sheet date of price risk derivative liabilities, which includes all such derivative instruments in hedging and nonhedging relationships that are recognized as liabilities on the balance sheet. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
Derivatives (Assets And Liabilities Measured At Fair Value) (Details) (USD $)
In Thousands, unless otherwise specified |
Oct. 31, 2011
|
Jul. 31, 2011
|
|---|---|---|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||
| Price risk management assets | $ 2,044 | $ 7,637 |
| Price risk management liabilities | 1,290 | 2,476 |
|
Ferrellgas, L.P. And Subsidiaries [Member]
|
||
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||
| Price risk management assets | 2,044 | 7,637 |
| Price risk management liabilities | 1,290 | 2,476 |
|
Level 2 [Member]
|
||
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||
| Price risk management assets | 2,044 | 7,637 |
| Price risk management liabilities | 1,290 | 2,476 |
|
Level 2 [Member] | Ferrellgas, L.P. And Subsidiaries [Member]
|
||
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||
| Price risk management assets | 2,044 | 7,637 |
| Price risk management liabilities | $ 1,290 | $ 2,476 |
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
Fair value as of the balance sheet date of price risk derivative assets, which includes all such derivative instruments in hedging and nonhedging relationships that are recognized as assets on the balance sheet. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Fair value as of the balance sheet date of price risk derivative liabilities, which includes all such derivative instruments in hedging and nonhedging relationships that are recognized as liabilities on the balance sheet. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
Transactions With Related Parties (Narrative) (Details)
|
Oct. 31, 2011
|
|---|---|
| Number of employees | 0 |
|
Ferrellgas, L.P. And Subsidiaries [Member]
|
|
| Number of employees | 0 |
| X | ||||||||||
|
- Definition
Number of persons employed by the Entity No definition available.
|
|
Transactions With Related Parties (Primarily Include Compensation And Benefits Paid To Employees Of The General Partner) (Details) (USD $)
|
3 Months Ended | |
|---|---|---|
|
Oct. 31, 2011
|
Oct. 31, 2010
|
|
| Related Party Transaction [Line Items] | ||
| General and administrative expense | $ 11,114,000 | $ 11,264,000 |
|
Ferrellgas, L.P. And Subsidiaries [Member]
|
||
| Related Party Transaction [Line Items] | ||
| General and administrative expense | 11,114,000 | 11,264,000 |
|
Compensation And Benefits [Member]
|
||
| Related Party Transaction [Line Items] | ||
| Operating expense | 49,347,000 | 50,011,000 |
| General and administrative expense | 6,017,000 | 6,463,000 |
|
Compensation And Benefits [Member] | Ferrellgas, L.P. And Subsidiaries [Member]
|
||
| Related Party Transaction [Line Items] | ||
| Operating expense | 49,347,000 | 50,011,000 |
| General and administrative expense | $ 6,017,000 | $ 6,463,000 |
| X | ||||||||||
|
- Definition
The aggregate total of expenses of managing and administering the affairs of an entity, including affiliates of the reporting entity, which are not directly or indirectly associated with the manufacture, sale or creation of a product or product line. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Generally recurring costs associated with normal operations except for the portion of these expenses which can be clearly related to production and included in cost of sales or services. Includes selling, general and administrative expense. No definition available.
|
| X | ||||||||||
|
- Details
|
|
Contingencies And Commitments (Narrative) (Details) (USD $)
In Millions, unless otherwise specified |
Oct. 31, 2011
|
|---|---|
| Accrual for litigation expenses | $ 10.0 |
|
Ferrellgas, L.P. And Subsidiaries [Member]
|
|
| Accrual for litigation expenses | $ 10.0 |
| X | ||||||||||
|
- Definition
Aggregate carrying amount of the estimated litigation liability for known or estimated probable loss from litigation, which may include attorneys' fees and other litigation costs. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
Net Loss Per Common Unitholders' Interest (Basic And Diluted Net Earnings Per Common Unitholders' Interest) (Details) (USD $)
In Thousands, except Share data, unless otherwise specified |
3 Months Ended | |
|---|---|---|
|
Oct. 31, 2011
|
Oct. 31, 2010
|
|
| Net Loss Per Common Unitholders' Interest [Abstract] | ||
| Common unitholders' interest in net loss | $ (32,278) | $ (27,763) |
| Weighted average common units outstanding | 75,966,400 | 69,559,600 |
| Dilutive securities | 0 | 0 |
| Weighted average common units outstanding plus dilutive securities | 75,966,400 | 69,559,600 |
| Basic and diluted net loss per common unitholders' interest | $ (0.42) | $ (0.40) |
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
Aggregate amount of net income allocated to limited partners. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The amount of net income or loss for the period per each limited partnership and general partnership unit in instances when basic and diluted earnings per unit are the same amount and aggregated on the face of the financial statements. Basic earnings per unit is the amount of net income or loss for the period per unit outstanding during the reporting period. Diluted earnings per unit includes the amount of net income or loss for the period available to each limited and general partnership unit outstanding during the reporting period and to each unit that would have been outstanding assuming the issuance of units for all dilutive potential units outstanding during the reporting period. No definition available.
|
| X | ||||||||||
|
- Definition
The average number of shares or units issued and outstanding that are used in calculating diluted EPS or earnings per unit (EPU), determined based on the timing of issuance of shares or units in the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Number of [basic] shares or units, after adjustment for contingently issuable shares or units and other shares or units not deemed outstanding, determined by relating the portion of time within a reporting period that common shares or units have been outstanding to the total time in that period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The average number of shares or units issued and outstanding that are used in calculating basic and diluted EPS. No definition available.
|