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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Operating activities:    
Net income $ 3,978 $ 7,672
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation of property, equipment and improvements 3,472 3,343
Amortization of intangible assets 10,687 6,669
Stock-based compensation 5,323 4,180
Deferred income tax provision 744 1,189
Gain on sale of property and equipment 0 (4,458)
Change in fair value of contingent consideration (128) 1,188
Provision for bad debt and product returns 438 594
Provision for inventory obsolescence 1,467 1,350
Restructuring charge (reversal) 129 (87)
Other (37) 131
Changes in operating assets and liabilities (net of acquisitions) (6,920) 757
Net cash provided by operating activities 19,153 22,528
Investing activities:    
Proceeds from maturities and sales of marketable securities 0 2,500
Acquisition of business, net of cash acquired (136,098) 0
Proceeds from sale of property and equipment 0 10,047
Purchase of property, equipment, improvements and certain other intangible assets (693) (8,600)
Net cash (used in) provided by investing activities (136,791) 3,947
Financing activities:    
Proceeds from long-term debt 119,018 0
Payments on long-term debt (40,268) 0
Payments for contingent consideration (4,698) (3,748)
Proceeds from stock option plan transactions 5,063 4,054
Proceeds from employee stock purchase plan transactions 798 835
Purchases of common stock (1,692) (1,051)
Net cash provided by financing activities 78,221 90
Effect of exchange rate changes on cash and cash equivalents 1,710 (485)
Net (decrease) increase in cash and cash equivalents (37,707) 26,080
Cash and cash equivalents, beginning of period 92,792 58,014
Cash and cash equivalents, end of period 55,085 84,094
Supplemental schedule of non-cash investing and financing activities    
Transfer of inventory to property, equipment and improvements (1,202) (921)
Contingent consideration recognized related to acquisition of business (5,100) 0
Accrual for purchase of property, equipment, improvements and certain other intangible assets $ 0 $ (7)