Business Context and Reporting Period
Company: Suburban Propane Partners, L.P.
Filing Type: Form 8-K (Current Report)
Date of Report: July 26, 2007
Reporting Period: Fiscal 2007 Third Quarter
This filing serves as a Regulation FD disclosure and notification of other events regarding the declaration of the Fiscal 2007 Third Quarter distribution.
Key Financial Metrics
The filing text does not provide specific values for revenue, profit, cash flow, margins, debt, or liquidity. The document focuses exclusively on the declaration of a distribution and related tax withholding requirements.
Material Changes
No material changes to financial performance or operations are detailed in this specific filing. The primary event is the announcement of the distribution declaration for the third quarter of fiscal 2007.
Guidance, Outlook, and Management Commentary
Distribution Declaration: The Partnership issued a press release announcing the Fiscal 2007 Third Quarter Distribution Declaration (furnished as Exhibit 99.1).
Tax Withholding Notice: In accordance with Treasury Regulation 1.1446-4(d), the Partnership notified nominees that they are responsible for withholding 35% of the fiscal 2007 third quarter distribution from foreign investors (nonresident aliens, foreign corporations, foreign trusts, and foreign estates) as required under Section 1446 of the Internal Revenue Code.
Investor Verification Checklist
- Review Exhibit 99.1 (Press Release) for the specific dollar amount per unit of the declared distribution.
- Confirm the record date and payment date for the distribution, which are not listed in the 8-K body text.
- Verify the impact of the 35% withholding requirement on foreign investors' net distribution amounts.