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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2015
Cash flows provided by (used in) operating activities:      
Net income $ 26,900 $ 44,934 $ 37,556
Adjustments to reconcile net income to net cash provided by (used in) operating activities:      
(Increase) decrease in fair value of derivative instruments [1] (2,193) (18,217) 4,187
Depreciation and amortization 29,163 27,777 26,748
Multiemployer pension plan withdrawal charge     17,796
Loss on redemption of debt     7,345
Provision (recovery) for losses on accounts receivable 1,639 (639) 3,738
Change in deferred taxes 10,134 9,670 (4,101)
Changes in operating assets and liabilities net of amounts related to acquisitions:      
(Increase) decrease in receivables (19,844) 10,965 30,141
(Increase) decrease in inventories (10,598) 9,979 4,326
(Increase) decrease in other assets (140) (2,354) 113
Increase (decrease) in accounts payable 2,169 (705) 3,189
(Decrease) increase in customer credit balances (23,085) 6,490 3,992
Increase in other current and long-term liabilities 6,913 14,057 1,823
Net cash provided by operating activities 21,058 101,957 136,853
Cash flows provided by (used in) investing activities:      
Capital expenditures (12,164) (10,134) (9,555)
Proceeds from sales of fixed assets 734 318 300
Purchase of investments [2] (11,647)    
Acquisitions (43,304) (9,815) (21,130)
Net cash used in investing activities (66,381) (19,631) (30,385)
Cash flows provided by (used in) financing activities:      
Revolving credit facility borrowings     12,296
Revolving credit facility repayments     (12,296)
Redemption of senior notes     (125,000)
Debt redemption cost     (5,548)
Proceeds from term loan     100,000
Loan repayments (16,200) (7,500)  
Distributions (24,322) (23,092) (21,298)
Unit repurchases   (12,017) (691)
Customer retainage payments (575) (740)  
Payments of debt issuance costs (60) (297) (2,422)
Net cash used in financing activities (41,157) (43,646) (54,959)
Net (decrease) increase in cash, cash equivalents and restricted cash (86,480) 38,680 51,509
Cash, cash equivalents and restricted cash at beginning of period 139,188 100,508 48,999
Cash, cash equivalents and restricted cash at end of period $ 52,708 $ 139,188 $ 100,508
[1] Represents the change in value of unrealized open positions and expired options.
[2] See Note 2 - Investments and Note 19 - Subsequent Events