BUSINESS SEGMENTS (Tables)

9 Months Ended

Jun. 30, 2020

BUSINESS SEGMENTS

Schedule of segment information

	Wholesale		Retail
	Segment		Segment		Other		Consolidated
THREE MONTHS ENDED JUNE 2020
External revenues:
Cigarettes	$	276,348,474	$	—	$	—	$	276,348,474
Tobacco		59,487,110		—		—		59,487,110
Confectionery		20,614,034		—		—		20,614,034
Health food		—		11,538,319		—		11,538,319
Foodservice & other		28,866,387		—		—		28,866,387
Total external revenue		385,316,005		11,538,319		—		396,854,324
Depreciation		452,025		349,658		—		801,683
Amortization		—		—		—		—
Operating income (loss)		4,350,347		(159,706)		(1,717,685)		2,472,956
Interest expense		31,623		—		429,958		461,581
Income (loss) from operations before taxes		4,329,679		(157,273)		(2,118,506)		2,053,900
Equity method investment earnings, net of tax		—		—		111,666		111,666
Total assets		146,782,772		19,584,013		10,551,204		176,917,989
Capital expenditures		575,462		174,374		—		749,836
THREE MONTHS ENDED JUNE 2019
External revenue:
Cigarettes	$	255,049,572	$	—	$	—	$	255,049,572
Tobacco		52,014,713		—		—		52,014,713
Confectionery		22,541,448		—		—		22,541,448
Health food		—		11,037,533		—		11,037,533
Foodservice & other		29,338,250		—		—		29,338,250
Total external revenue		358,943,983		11,037,533		—		369,981,516
Depreciation		350,701		259,024		—		609,725
Amortization		10,417		—		—		10,417
Operating income (loss)		3,592,787		(702,888)		(1,497,197)		1,392,702
Interest expense		36,240		—		345,229		381,469
Income (loss) from operations before taxes		3,569,182		(700,076)		(1,842,427)		1,026,679
Total assets		120,567,974		17,187,420		186,822		137,942,216
Capital expenditures		757,993		347,790		—		1,105,783

	Wholesale		Retail
	Segment		Segment		Other		Consolidated
NINE MONTHS ENDED JUNE 2020
External revenue:
Cigarettes	$	750,264,131	$	—	$	—	$	750,264,131
Tobacco		165,443,803		—		—		165,443,803
Confectionery		59,477,946		—		—		59,477,946
Health food		—		34,629,465		—		34,629,465
Foodservice & other		85,026,598		—		—		85,026,598
Total external revenue		1,060,212,478		34,629,465		—		1,094,841,943
Depreciation		1,327,431		990,614		—		2,318,045
Amortization		—		—		—		—
Operating income (loss)		10,907,179		(1,216,491)		(4,661,555)		5,029,133
Interest expense		98,187		—		1,223,080		1,321,267
Income (loss) from operations before taxes		10,852,250		(1,209,665)		(5,855,497)		3,787,088
Equity method investment earnings, net of tax		—		—		111,666		111,666
Total assets		146,782,772		19,584,013		10,551,204		176,917,989
Capital expenditures		1,808,162		1,124,143		—		2,932,305
NINE MONTHS ENDED JUNE 2019
External revenue:
Cigarettes	$	704,983,203	$	—	$	—	$	704,983,203
Tobacco		144,875,098		—		—		144,875,098
Confectionery		60,352,104		—		—		60,352,104
Health food		—		34,001,611		—		34,001,611
Foodservice & other		81,219,293		—		—		81,219,293
Total external revenue		991,429,698		34,001,611		—		1,025,431,309
Depreciation		1,093,005		734,706		—		1,827,711
Amortization		41,667		—		—		41,667
Operating income (loss)		11,093,779		(489,288)		(4,588,362)		6,016,129
Interest expense		110,837		—		990,158		1,100,995
Income (loss) from operations before taxes		11,030,865		(482,128)		(5,578,522)		4,970,215
Total assets		120,567,974		17,187,420		186,822		137,942,216
Capital expenditures		2,366,666		1,109,896		—		3,476,562