BUSINESS SEGMENTS (Tables)

6 Months Ended

Mar. 31, 2020

BUSINESS SEGMENTS

Schedule of segment information

	Wholesale		Retail
	Segment		Segment		Other		Consolidated
THREE MONTHS ENDED MARCH 2020
External revenues:
Cigarettes	$	228,865,603	$	—	$	—	$	228,865,603
Tobacco		51,639,145		—		—		51,639,145
Confectionery		18,027,050		—		—		18,027,050
Health food		—		12,994,651		—		12,994,651
Foodservice & other		26,360,067		—		—		26,360,067
Total external revenue		324,891,865		12,994,651		—		337,886,516
Depreciation		443,143		347,758		—		790,901
Amortization		—		—		—		—
Operating income (loss)		2,907,818		85,521		(1,603,677)		1,389,662
Interest expense		32,590		—		354,673		387,263
Income (loss) from operations before taxes		2,902,907		87,760		(1,958,348)		1,032,319
Total assets		142,552,270		20,835,266		478,777		163,866,313
Capital expenditures		439,019		349,425		—		788,444
THREE MONTHS ENDED MARCH 2019
External revenue:
Cigarettes	$	211,572,049	$	—	$	—	$	211,572,049
Tobacco		44,665,339		—		—		44,665,339
Confectionery		18,092,990		—		—		18,092,990
Health food		—		11,973,455		—		11,973,455
Foodservice & other		24,412,040		—		—		24,412,040
Total external revenue		298,742,418		11,973,455		—		310,715,873
Depreciation		378,172		247,431		—		625,603
Amortization		15,625		—		—		15,625
Operating income (loss)		3,797,109		259,043		(1,499,641)		2,556,511
Interest expense		36,823		—		359,753		396,576
Income (loss) from operations before taxes		3,793,759		261,849		(1,859,393)		2,196,215
Total assets		100,479,809		17,961,404		241,143		118,682,356
Capital expenditures		824,557		389,717		—		1,214,274

	Wholesale		Retail
	Segment		Segment		Other		Consolidated
SIX MONTHS ENDED MARCH 2020
External revenue:
Cigarettes	$	473,915,657	$	—	$	—	$	473,915,657
Tobacco		105,956,693		—		—		105,956,693
Confectionery		38,863,912		—		—		38,863,912
Health food		—		23,091,146		—		23,091,146
Foodservice & other		56,160,211		—		—		56,160,211
Total external revenue		674,896,473		23,091,146		—		697,987,619
Depreciation		875,405		640,956		—		1,516,361
Amortization		—		—		—		—
Operating income (loss)		6,556,832		(1,056,785)		(2,943,870)		2,556,177
Interest expense		66,564		—		793,122		859,686
Income (loss) from operations before taxes		6,522,571		(1,052,392)		(3,736,991)		1,733,188
Total assets		142,552,270		20,835,266		478,777		163,866,313
Capital expenditures		1,232,700		949,769		—		2,182,469
SIX MONTHS ENDED MARCH 2019
External revenue:
Cigarettes	$	449,933,631	$	—	$	—	$	449,933,631
Tobacco		92,860,385		—		—		92,860,385
Confectionery		37,810,656		—		—		37,810,656
Health food		—		22,964,078		—		22,964,078
Foodservice & other		51,881,043		—		—		51,881,043
Total external revenue		632,485,715		22,964,078		—		655,449,793
Depreciation		742,304		475,682		—		1,217,986
Amortization		31,250		—		—		31,250
Operating income (loss)		7,500,992		213,600		(3,091,166)		4,623,426
Interest expense		74,597		—		644,929		719,526
Income (loss) from operations before taxes		7,461,683		217,948		(3,736,095)		3,943,536
Total assets		100,479,809		17,961,404		241,143		118,682,356
Capital expenditures		1,608,673		762,106		—		2,370,779