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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Operating activities:    
Net income $ 16,277 $ 8,055
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 23,508 21,783
Gain on disposal of property and equipment 0 (158)
Share-based compensation 751 920
Deferred income tax expense (benefit) 3,283 (1,400)
Non-cash interest expense 9 10
Changes in operating assets and liabilities    
Accounts receivable, net (115) 782
Merchandise inventory (169) (1,864)
Prepaid expenses and other assets (906) (430)
Income tax receivable 3,971 (298)
Operating lease asset 22,562 0
Operating lease liability (23,124) 0
Accounts payable 10,005 767
Accrued expenses 5,405 1,352
Deferred compensation 0 (688)
Deferred rent and leasehold incentives 0 (536)
Net cash provided by operating activities 61,457 28,295
Investing activities:    
Acquisition of property and equipment (23,277) (20,817)
Acquisition of other intangibles (2,218) (2,036)
Proceeds from sale of property and equipment 0 833
Proceeds from property insurance settlements 27 32
Net cash used in investing activities (25,468) (21,988)
Financing activities:    
Borrowings under credit facility 228,900 297,900
Repayments under credit facility (234,592) (301,000)
Capital and financing lease obligation payments 0 (566)
Finance lease obligation payments (1,669) 0
Dividend to shareholders (4,725) 0
Loan fees paid (25) 0
Payments on withholding tax for restricted stock unit vesting (237) (380)
Net cash used in financing activities (12,348) (4,046)
Net increase in cash and cash equivalents 23,641 2,261
Cash and cash equivalents, beginning of period 6,214 9,398
Cash and cash equivalents, end of period 29,855 11,659
Supplemental disclosures of cash flow information:    
Cash paid for interest 347 603
Cash paid for interest on finance or capital and financing lease obligations, net of capitalized interest of $88 and $117, respectively 1,217 3,169
Income taxes paid 10 4,733
Deferred compensation paid 0 700
Supplemental disclosures of non-cash investing and financing activities:    
Acquisition of property and equipment not yet paid 2,679 4,408
Property acquired through capital and financing lease obligations 0 9,651
Property acquired through operating lease obligations 8,170 0
Property acquired through finance lease obligations $ 5,232 $ 0