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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Cash flows from operating activities:    
Net income $ 3,130 $ 21,728
Adjustments to reconcile net income to net cash used in operating activities:    
Depreciation and amortization 4,055 2,233
Stock-based compensation expense 1,913 1,673
Expense from income taxes 36 1,181
Gain on disposal of fixed assets (50) (96)
Loss on extinguishment of debt, net 0 13
Changes in operating assets and liabilities:    
Increase in accounts receivable (5,298) (19,704)
Increase in inventory (122,319) (196,334)
Decrease in other assets 393 2,135
(Decrease) increase in trade accounts payable (12,672) 379
Decrease in other liabilities (28,553) (38,791)
Net cash used in operating activities (159,365) (225,583)
Cash flows from investing activities:    
Capital expenditures (5,219) (5,544)
Proceeds from sale of fixed assets 50 96
Purchases of investment securities (503) (7,329)
Net cash used in investing activities (5,672) (12,777)
Cash flows from financing activities:    
Repayment of debt 0 (4,280)
Repayment of borrowings from credit facility (30,000) (50,000)
Borrowings from credit facility 75,000 50,000
Debt issuance costs 0 (115)
Tax payments for stock-based compensation awards (3,106) (5,210)
Net cash provided by (used in) financing activities 41,894 (9,605)
Net decrease in cash, cash equivalents, and restricted cash (123,143) (247,965)
Cash, cash equivalents, and restricted cash at beginning of period 242,610 386,289
Cash, cash equivalents, and restricted cash at end of period $ 119,467 $ 138,324