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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2022
Cash flows from operating activities:      
Net income $ 140,175 $ 158,611 $ 220,704
Adjustments to reconcile net income to net cash (used in) provided by operating activities:      
Depreciation and amortization 14,867 12,198 13,360
Stock-based compensation expense 7,391 7,275 8,478
Inventory impairments and abandonments 1,996 641 2,963
Deferred and other income tax expense 18,910 23,936 53,267
(Gain) loss on disposal of fixed assets (426) 1,113 (332)
Gain on sale of investment (8,591) 0 0
Loss (gain) on extinguishment of debt, net 437 546 (309)
Changes in operating assets and liabilities:      
Increase in accounts receivable (19,825) (9,708) (10,205)
Decrease in income tax receivable 0 9,987 0
Increase in inventory (282,061) (14,749) (231,445)
Decrease (increase) in other assets 341 (2,784) (2,761)
Increase in trade accounts payable 10,133 10,615 10,250
(Decrease) increase in other liabilities (20,892) (19,624) 17,104
Net cash (used in) provided by operating activities (137,545) 178,057 81,074
Cash flows from investing activities:      
Capital expenditures (22,353) (20,334) (15,048)
Proceeds from sale of fixed assets 428 445 339
Purchases of investment securities (8,087) (9,779) 0
Other 0 (2) 0
Net cash used in investing activities (30,012) (29,670) (14,709)
Cash flows from financing activities:      
Repayment of debt (202,195) (8,998) (73,900)
Proceeds from issuance of debt 250,000 0 0
Repayment of borrowings from credit facility (280,000) 0 (195,000)
Borrowings from credit facility 280,000 0 195,000
Debt issuance costs (5,653) (2,575) 0
Repurchase of common stock (12,928) 0 (8,154)
Tax payments for stock-based compensation awards (5,366) (2,615) (6,631)
Stock option exercises 20 262 5
Net cash provided by (used in) financing activities 23,878 (13,926) (88,680)
Net (decrease) increase in cash, cash equivalents, and restricted cash (143,679) 134,461 (22,315)
Cash, cash equivalents, and restricted cash at beginning of period 386,289 251,828 274,143
Cash, cash equivalents, and restricted cash at end of period $ 242,610 $ 386,289 $ 251,828