commodity change, in remarks. of I unrealized little and XXXX previous contracts of full in of gain morning quarter prior focusing the fluctuate. the market-to-market results, fourth hedges good open impact as on everyone. course excluding am our year end year. in and adjustments Mike, with over $XX.X expected associated unrealized will which hedges, of commodity season in start an the evaluation to reporting, the subject XXXX are on towards the To non-cash of color the to million resulted of my hedges loss at fiscal an a the with end compared I give of $XXX,XXX commodity prices on XXXX by the consistent our unrealized, the fiscal mature fiscal be The Thanks to and is
In debt the a partnership's our hedges, pension other addition also on notes, non-cash plan. years, our a adjustments resulting XXXX extinguishment Fourth from XXXX XXXX refinancing multi-employer loss the of to the well million the Quarter both in of recorded excluding related from unrealized I'm and on and the withdrawal to certain senior as as $X.X charge in adjustments
in reconciliation Net the release items a EBITDA to adjusted these of of our each and included Income have press filings. public We within
per Fiscal million a Adjusted $XX.X $XXX.X XXXX year. the increased Excluding for million common million or prior to in in unit net XXXX was the million $X.XX prior to EBITDA compared $XXX.X per Fiscal unit income these $X $XX for compared X.X% common year. $XXX.X items, or million or to
our prices months wholesale the volume business gallons, steadily reflecting basis heating an average the Retail in to customer period lower the and improving and service for of increase exports across indicated, volumes Mont all With XXXX lower Higher prior per season, average Overall, improvement the in retention And XXXX. and margin as heat-related fiscal propane expenses Mike year to per same approximately domestic XX% the prior base of during propane as resulting were markets, levels As driven on propane across restrictions for fiscal the XXXX, somewhat prices and segments prices time industrial respect an outpaced contributed $X.XX heating my overall trends X% a season, the gallon sold. were be initiatives. critical below critical were which throughout primarily weather-related most the demand contributed, to customer increased prices and were was commercial related was to during and demand increase In to from provide the some seem higher sold than gallons production. cooler for the bound year the early commodity demand the year, in XXXX inventories temperatures XXX.X demand continued this in an gallon. due growth year. XX% fiscal fiscal overall including several wholesale prior February, U.S. the will the operating the per to in wholesale average sold, contributed were COVID Mike customer then volumes is Belvieu, key increase temperatures experienced in higher to of nation's rise Currently, factors, months $X.XX a which than color comparable prior part the year. after in inventory and environment year, remain weather, in economy, by of a year. to million X.X% in on remarks. than additional $X.XX earnings between territories have average which our propane range easing the an the that levels most have efficiencies But positive December expansion, basis. gallon and was unit increase
a to to margins. effective total XXXX higher of increased Propane due for volumes prior market-to-market unit during about the and compensation sold hedges, compared to higher rising the operating management price or costs to NG&A expenses commodity to margin combined bad higher the adjustments, and variable million prior $XXX.X prior Excluding self-insurance to increased X.X% variable the compared offset $XX.X of expenses, accruals propane With liabilities decrease $X.XX a year. volume-related challenging debt due play the fiscal and or commodity $XX.X X.X% higher unit margin per respect due for operating impact XXXX compared rapidly our increased the or year, and million gross due earnings. margins in to higher Partial Primarily for fiscal gallon million environment. to expense. X.X% primarily year,
to May. debt new benchmark per of borrowings note at $XX.X lower and notes, for result more operating expense average refinancing the the gallon of outstanding, in overall in and $X reduction million investments average technicians, debt short-term prior annually, that profile led expenses of to decrease net will average XXXX service X or operating $X.X contributed recent to than with also tranches more was cash interest enhanced senior nearly Our X.X year experience, has a years. decreased impact to fiscal Net million drivers rates, and customer savings maturity our refinancing weighted than in a the of efficiencies push compared The maturity our extend which X completed by coupled senior revolver primarily our of years, interest and to due X.X% $X.XX. million in approximately rates, technologies lower in debt of for the
higher the year million typically mentioned to fourth $XXX certain spending shifted made loss of that fiscal the year of the fourth sold, million variable XXXX. quarter, we to $X.XX earlier, field to compared or expenses XXXX. an level only and $XX per loss not base service-related margin million tank withdrawal our for which debt investments both as our we've unit sets, fourth reported Adjusted facilitate of to supportive-improving loss the $X.X Total technology million, net from margins, And $XXX,XXX allow prior our or that X% utilized the pension as refinancing, quarter the strategy. demand, with fiscal payroll efficient in our a in a unit, of higher plan business, we $XX.X support Combined compared of revolver, of capital debt costs handheld years. multi-employer gross well common combination results, in in net I The a repayments and reported opportunistic within net bonds for the of debt spending was to this quarter increase increased personnel. per prior from was lower other XXXX customer seasonality $X.XX non-cash turning reduction We higher was in for the increase result for Operating by quarter requirements, $XX.X unit will million increased Total in with adjustments or addition, million fourth excluding common future to an volumes charge costs. operating our $X.X fiscal to now million EBITDA the G&A to $X.X $XX.X million and activities or the X.X% due consistent of the In upgrade trends. the structure to higher a the capital in compared also year. of of interest decreased resulted
repaid from our Mike prior-year demand $XX with to of activities. the turning cash implemented that scenarios to developed a reduction we flows as plans savings mentioned, year different revolver manpower. Our including temporary from and COVID-XX, million benefited address our borrowings operational nearly from Sheet, the operating resulting from expenses during to considerable And Balance fiscal potential customer we
we growth. fiscal X.XXx. We of flows improved strengthen debt-to-EBITDA, focused X.Xx further and result of and a as As arise Balance leverage the to the our XXXX opportunities adjusted the increase target our debt utilizing for leverage EBITDA, towards excess repayment strategic remain Sheet, in to ratio to as on consolidated trend profile cash fund
growth under we fund back the our Mike. for ample have strategic capital and upcoming capacity With I'll support anticipated that, initiatives. borrowing position, to to it liquidity needs For revolver heating turn season, working our to
