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Unaudited Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Cash flows from operating activities:    
Net loss $ (81,949) $ (105,980)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 8,912 9,229
Stock-based compensation expense 7,993 7,692
Inventory impairments and abandonments 148,618 618
Deferred and other income tax (benefit) expense (44,758) 112,752
Gain on sale of fixed assets (142) (207)
Change in allowance for doubtful accounts (20) 62
Equity in income of unconsolidated entities (315) (329)
Cash distributions of income from unconsolidated entities 409 331
Non-cash (gain) loss on extinguishment of debt (574) 3,173
Changes in operating assets and liabilities:    
Decrease in accounts receivable 4,380 8,256
(Increase) in income tax receivable 0 (31)
(Increase) in inventory (156,472) (222,304)
(Increase) in other assets (776) (3,469)
Increase in trade accounts payable 26,009 39,651
(Decrease) increase in other liabilities (5,520) 17,080
Net cash used in operating activities (94,205) (133,476)
Cash flows from investing activities:    
Capital expenditures (16,365) (13,894)
Proceeds from sale of fixed assets 162 226
Acquisition, net of cash acquired (4,088) 0
Investments in unconsolidated entities 0 (421)
Return of capital from unconsolidated entities 0 176
Net cash used in investing activities (20,291) (13,913)
Cash flows from financing activities:    
Repayment of debt (22,333) (401,509)
Proceeds from issuance of new debt 0 400,000
Repayment of borrowings from credit facility (235,000) (75,000)
Borrowings from credit facility 340,000 75,000
Debt issuance costs (400) (5,743)
Repurchase of common stock (34,624) 0
Tax payments for stock-based compensation awards (1,889) (1,565)
Stock option exercises 278 62
Net cash provided by (used in) financing activities 46,032 (8,755)
Decrease in cash, cash equivalents, and restricted cash (68,464) (156,144)
Cash, cash equivalents, and restricted cash at beginning of period 153,248 304,609
Cash, cash equivalents, and restricted cash at end of period $ 84,784 $ 148,465