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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Cash flows provided by (used in) operating activities:    
Net income (loss) $ 70,309 $ 51,674
Adjustment to reconcile net income to net cash provided by (used in) operating activities:    
(Increase) decrease in the fair value of derivative instruments [1] 8,262 19,622
Depreciation and amortization 24,123 23,979
Provision for losses on accounts receivable 6,945 8,510
Change in deferred taxes (2,495) (10,284)
Changes in operating assets and liabilities:    
Increase in receivables (21,231) (8,540)
Decrease in inventories 16,909 29,751
Decrease in other assets 12,792 16,804
Decrease in accounts payable (5,236) (19,444)
Decrease in customer credit balances (50,516) (15,485)
Increase in other current and long-term liabilities 12,505 6,128
Net cash provided by operating activities 72,367 102,715
Cash flows provided by (used in) investing activities:    
Capital expenditures (7,610) (6,651)
Proceeds from sales of fixed assets 377 781
Proceeds from sale of certain assets 0 2,202
Purchase of investments (1,391) (719)
Acquisitions (22,577) (1,193)
Net cash used in investing activities (31,201) (5,580)
Cash flows provided by (used in) financing activities:    
Revolving credit facility borrowings 79,596 125,601
Revolving credit facility repayments (79,565) (145,679)
Term loan repayments (12,250) (12,375)
Distributions (18,689) (17,624)
Unit repurchases (9,029) (4,475)
Customer retainage payments (719) (57)
Net cash used in financing activities (40,656) (54,609)
Net increase in cash, cash equivalents, and restricted cash 510 42,526
Cash, cash equivalents, and restricted cash at beginning of period 45,441 14,870
Cash, cash equivalents, and restricted cash at end of period $ 45,951 $ 57,396
[1] Represents the change in value of unrealized open positions and expired options.