BUSINESS SEGMENTS:

12 Months Ended

Sep. 30, 2012

BUSINESS SEGMENTS:

BUSINESS SEGMENTS:

15. BUSINESS SEGMENTS:

AMCON has two reportable business segments: the wholesale distribution of consumer products and the retail sale of health and natural food products. The retail health food stores' operations are aggregated to comprise the Retail Segment because such operations have similar economic characteristics, as well as similar characteristics with respect to the nature of products sold, the type and class of customers for the health food products and the methods used to sell the products. Included in the "Other" column are intercompany eliminations, and assets held and charges incurred by our holding company. The segments are evaluated on revenues, gross margins, operating income (loss), and income before taxes.

	Wholesale Distribution		Retail		Other			Consolidated
FISCAL YEAR ENDED 2012:
External revenues:
Cigarettes	$	853,534,304	$	—	$	—		$	853,534,304
Confectionery		75,282,741		—		—			75,282,741
Health food		—		37,323,138		—			37,323,138
Tobacco, foodservice & other		208,027,575		—		—			208,027,575
Total external revenues		1,136,844,620		37,323,138		—			1,174,167,758
Depreciation		1,620,389		393,588		3,749			2,017,726
Amortization		374,688		—		—			374,688
Operating income (loss)		15,382,674		2,900,145		(4,863,729	)		13,419,090
Interest expense		490,045		291,401		577,795			1,359,241
Income (loss) from operations before taxes		15,010,846		2,629,452		(5,239,736	)		12,400,562
Total assets		92,109,694		12,724,908		975,264			105,809,866
Capital expenditures		1,288,504		192,278		—			1,480,782
FISCAL YEAR ENDED 2011:
External revenues:
Cigarettes	$	751,189,309	$	—	$	—		$	751,189,309
Confectionery		68,748,154		—		—			68,748,154
Health food		—		37,800,391		—			37,800,391
Tobacco, foodservice & other		183,894,038		—		—			183,894,038
Total external revenues		1,003,831,501		37,800,391		—			1,041,631,892
Depreciation		1,423,683		422,799		3,749			1,850,231
Amortization		384,583		—		—			384,583
Operating income (loss)		17,695,115		3,402,124		(5,542,625	)		15,554,614
Interest expense		479,523		382,334		571,933			1,433,790
Income (loss) from operations before taxes		17,284,552		3,042,442		(5,980,958	)		14,346,036
Total assets		93,593,738		12,860,354		981,541			107,435,633
Capital expenditures		1,761,781		226,358		—			1,988,139