BUSINESS SEGMENTS:

12 Months Ended

Sep. 30, 2014

BUSINESS SEGMENTS:

BUSINESS SEGMENTS:

14. 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 2014:
External revenues:
Cigarettes	$	890,603,305	$	—	$	—		$	890,603,305
Confectionery		77,635,706		—		—			77,635,706
Health food		—		34,314,947		—			34,314,947
Tobacco, foodservice & other		234,201,430		—		—			234,201,430
Total external revenues		1,202,440,441		34,314,947		—			1,236,755,388
Depreciation		1,511,929		505,724		3,749			2,021,402
Amortization		365,000		—		—			365,000
Operating income (loss)		13,715,414		768,417		(5,087,462	)		9,396,369
Interest expense		153,841		217,833		563,686			935,360
Income (loss) from operations before taxes		13,599,019		569,991		(5,577,482	)		8,591,528
Total assets		95,261,175		13,182,458		236,319			108,679,952
Capital expenditures		2,648,857		147,469		—			2,796,326
FISCAL YEAR ENDED 2013:
External revenues:
Cigarettes	$	878,878,316	$	—	$	—		$	878,878,316
Confectionery		75,745,562		—		—			75,745,562
Health food		—		37,080,452		—			37,080,452
Tobacco, foodservice & other		219,348,304		—		—			219,348,304
Total external revenues		1,173,972,182		37,080,452		—			1,211,052,634
Depreciation		1,603,261		440,603		3,749			2,047,613
Amortization		365,000		—		—			365,000
Operating income (loss)		14,246,284		1,914,714		(5,096,395	)		11,064,603
Interest expense		202,372		230,586		675,188			1,108,146
Income (loss) from operations before taxes		14,072,088		1,704,521		(5,542,937	)		10,233,672
Total assets		91,542,768		14,561,422		270,709			106,374,899
Capital expenditures		913,140		1,200,286		—			2,113,426