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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2022
Cash flows provided by (used in) operating activities:      
Net Income (Loss) $ 35,223 $ 31,945 $ 35,288
Adjustments to reconcile net income to net cash provided by (used in) operating activities:      
(Increase) decrease in the fair value of derivative instruments [1] 19,018 1,977 17,286
Depreciation and amortization 32,482 33,434 33,553
Provision for losses on accounts receivable 8,042 9,761 5,411
Change in deferred taxes (3,989) (501) (3,181)
Changes in operating assets and liabilities net of amounts related to acquisitions:      
Decrease (increase) in receivables 11,271 15,566 (43,463)
Decrease (increase) in inventories 18,475 26,994 (21,105)
Decrease (increase) in other assets 8,786 13,873 (7,161)
(Decrease) increase in accounts payable (3,926) (13,824) 12,036
(Decrease) increase in customer credit balances (15,546) 17,585 5,804
Increase (decrease) in other current and long-term liabilities 1,142 (13,152) (561)
Net cash provided by operating activities 110,978 123,658 33,907
Cash flows provided by (used in) investing activities:      
Capital expenditures (10,653) (9,012) (18,701)
Proceeds from sales of fixed assets 515 958 815
Proceeds from sale of certain assets 0 2,202 184
Purchase of investments (1,668) (2,545) (1,803)
Acquisitions (49,379) (19,800) (13,121)
Net cash used in investing activities (61,185) (28,197) (32,626)
Cash flows provided by (used in) financing activities:      
Revolving credit facility borrowings 79,596 125,601 200,177
Revolving credit facility repayments (79,831) (145,637) (188,519)
Proceeds from term loan 210,000 0 165,000
Loan repayments (148,500) (16,500) (110,500)
Distributions (25,038) (23,744) (23,192)
Unit repurchases (11,088) (4,475) (30,817)
Customer retainage payments (719) (57) (1,039)
Payments of debt issuance costs (2,069) (78) (2,538)
Net cash provided by (used in) financing activities 22,351 (64,890) 8,572
Net increase (decrease) in cash, cash equivalents and restricted cash 72,144 30,571 9,853
Cash, cash equivalents and restricted cash at beginning of period 45,441 14,870 5,017
Cash, cash equivalents and restricted cash at end of period $ 117,585 $ 45,441 $ 14,870
[1] Represents the change in value of unrealized open positions and expired options.