XML 55 R4.htm IDEA: XBRL DOCUMENT v3.20.1
Consolidated Statements of Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Mar. 31, 2020
Mar. 31, 2019
Net sales $ 277,524 $ 230,447 $ 507,554 $ 451,962
Cost of goods sold and occupancy costs 199,701 168,233 369,207 330,602
Gross profit 77,823 62,214 138,347 121,360
Store expenses 56,878 50,175 108,305 99,298
Administrative expenses 7,038 5,761 12,857 11,076
Pre-opening and relocation expenses 650 157 1,080 829
Operating income 13,257 6,121 16,105 10,157
Interest expense, net (516) (1,280) (1,052) (2,535)
Income before income taxes 12,741 4,841 15,053 7,622
Provision for income taxes (3,023) (981) (3,467) (1,565)
Net income $ 9,718 $ 3,860 $ 11,586 $ 6,057
Net income per common share:        
Basic (in dollars per share) $ 0.43 $ 0.17 $ 0.52 $ 0.27
Diluted (in dollars per share) $ 0.43 $ 0.17 $ 0.51 $ 0.27
Weighted average number of shares of common stock outstanding:        
Basic (in shares) 22,493,341 22,413,055 22,482,285 22,399,665
Diluted (in shares) 22,543,429 22,561,825 22,542,319 22,579,733