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Condensed Consolidated Unaudited Statements of Cash Flows - USD ($)
6 Months Ended
Mar. 31, 2020
Mar. 31, 2019
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 1,151,188 $ 2,768,536
Adjustments to reconcile net income from operations to net cash flows from (used in) operating activities:    
Depreciation 1,516,361 1,217,986
Amortization   31,250
Loss (Gain) on sales of property and equipment 33,642 (17,832)
Equity-based compensation 446,114 622,390
Deferred income taxes 102,163 226,918
Provision for losses on doubtful accounts 390,000 59,000
Inventory allowance 55,746 240,699
Other (42,011) 1,978
Changes in assets and liabilities:    
Accounts receivable (3,535,875) 3,353,602
Inventories 17,375,263 20,978,357
Prepaid and other current assets (100,883) (2,402,722)
Other assets (133,074) 7,897
Accounts payable 4,401,077 (467,687)
Accrued expenses and accrued wages, salaries and bonuses (1,432,939) (2,275,795)
Income taxes receivable 178,013 273,742
Net cash flows from (used in) operating activities 20,404,785 24,618,319
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchase of property and equipment (2,245,139) (2,159,232)
Proceeds from sales of property and equipment   23,700
Net cash flows from (used in) investing activities (2,245,139) (2,135,532)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Borrowings under revolving credit facility 680,161,101 642,850,736
Repayments under revolving credit facility (697,319,735) (661,055,136)
Principal payments on long-term debt (264,275) (556,969)
Repurchase of common stock (31,799) (3,186,846)
Dividends on common stock (380,685) (413,100)
Net cash flows from (used in) financing activities (17,835,393) (22,361,315)
Net change in cash 324,253 121,472
Cash, beginning of period 337,704 520,644
Cash, end of period 661,957 642,116
Supplemental disclosure of cash flow information:    
Cash paid during the period for interest 927,322 774,784
Cash paid during the period for income taxes 301,824 674,340
Supplemental disclosure of non-cash information:    
Equipment acquisitions classified in accounts payable 6,583 212,800
Issuance of common stock in connection with the vesting and exercise of equity-based awards $ 990,653 $ 1,005,792