BUSINESS SEGMENTS (Tables)

9 Months Ended

Jun. 30, 2014

BUSINESS SEGMENTS

Schedule of segment information

	Wholesale Segment		Retail Segment		Other			Consolidated
THREE MONTHS ENDED JUNE 2014:
External revenue:
Cigarettes	$	231,814,363	$	—	$	—		$	231,814,363
Confectionery	21,214,377		—		—			21,214,377
Health food	—		8,509,813		—			8,509,813
Tobacco, food service & other	61,109,071		—		—			61,109,071
Total external revenue	314,137,811		8,509,813		—			322,647,624
Depreciation	340,287		125,262		937			466,486
Amortization	91,250		—		—			91,250
Operating income (loss)	3,657,657		138,969		(1,354,840		)	2,441,786
Interest expense	36,657		51,284		140,886			228,827
Income (loss) from operations before taxes	3,627,311		93,097		(1,469,976		)	2,250,432
Total assets	98,799,569		13,602,639		280,846			112,683,054
Capital expenditures	949,732		25,062		—			974,794
THREE MONTHS ENDED JUNE 2013:
External revenue:
Cigarettes	$	228,861,228	$	—	$	—		$	228,861,228
Confectionery	20,658,502		—		—			20,658,502
Health food	—		9,331,747		—			9,331,747
Tobacco, food service & other	57,179,720		—		—			57,179,720
Total external revenue	306,699,450		9,331,747		—			316,031,197
Depreciation	387,683		118,191		937			506,811
Amortization	91,250		—		—			91,250
Operating income (loss)	3,951,778		364,126		(1,168,459		)	3,147,445
Interest expense	49,754		55,187		204,504			309,445
Income (loss) from operations before taxes	3,900,589		314,153		(1,327,255		)	2,887,487
Total assets	103,780,433		14,602,570		232,155			118,615,158
Capital expenditures	235,470		468,507		—			703,977

	Wholesale Segment		Retail Segment		Other			Consolidated
NINE MONTHS ENDED JUNE 2014:
External revenue:
Cigarettes	$	647,770,840	$	—	$	—		$	647,770,840
Confectionery	55,921,920		—		—			55,921,920
Health food	—		26,221,759		—			26,221,759
Tobacco, food service & other	170,780,450		—		—			170,780,450
Total external revenue	874,473,210		26,221,759		—			900,694,969
Depreciation	1,154,830		379,218		2,812			1,536,860
Amortization	273,750		—		—			273,750
Operating income (loss)	9,548,781		681,990		(4,085,271		)	6,145,500
Interest expense	119,310		168,062		466,074			753,446
Income (loss) from operations before taxes	9,463,125		528,267		(4,492,679		)	5,498,713
Total assets	98,799,569		13,602,639		280,846			112,683,054
Capital expenditures	2,242,733		94,893		—			2,337,626
NINE MONTHS ENDED JUNE 2013:
External revenue:
Cigarettes	$	648,295,732	$	—	$	—		$	648,295,732
Confectionery	55,461,844		—		—			55,461,844
Health food	—		27,904,440		—			27,904,440
Tobacco, food service & other	161,155,653		—		—			161,155,653
Total external revenue	864,913,229		27,904,440		—			892,817,669
Depreciation	1,209,733		305,414		2,811			1,517,958
Amortization	273,750		—		—			273,750
Operating income (loss)	10,285,106		1,803,736		(3,894,902		)	8,193,940
Interest expense	156,650		168,735		549,104			874,489
Income (loss) from operations before taxes	10,147,828		1,650,327		(4,253,022		)	7,545,133
Total assets	103,780,433		14,602,570		232,155			118,615,158
Capital expenditures	738,809		1,069,397		—			1,808,206