XML 17 R2.htm IDEA: XBRL DOCUMENT v3.21.4
Condensed Consolidated Balance Sheets - USD ($)
Dec. 31, 2021
Sep. 30, 2021
Current assets:    
Cash $ 840,961 $ 519,591
Accounts receivable, less allowance for doubtful accounts of $0.8 million at December 2021 and $0.9 million at September 2021 30,861,247 35,844,163
Inventories, net 97,742,318 95,212,085
Prepaid expenses and other current assets 4,830,698 4,999,125
Total current assets 134,275,224 136,574,964
Property and equipment, net 15,449,705 16,012,524
Operating lease right-of-use assets, net 16,942,549 17,846,529
Note receivable, net of current portion 3,325,000 3,325,000
Goodwill 4,436,950 4,436,950
Other intangible assets, net 500,000 500,000
Equity method investment 10,406,708 9,380,343
Other assets 312,635 334,819
Total assets 185,648,771 188,411,129
Current liabilities:    
Accounts payable 18,372,775 24,235,042
Accrued expenses 9,686,140 11,468,955
Accrued wages, salaries and bonuses 2,892,772 4,489,852
Income taxes payable 1,194,512 867,160
Current operating lease liabilities 5,555,582 5,513,390
Current maturities of long-term debt 566,624 561,202
Total current liabilities 38,268,405 47,135,601
Credit facility 48,447,738 43,650,865
Deferred income tax liability, net 2,704,876 1,531,228
Long-term operating lease liabilities 11,723,408 12,669,157
Long-term debt, less current maturities 4,910,559 5,054,265
Other long-term liabilities 13,611 757,387
Shareholders' equity:    
Preferred stock, $.01 par value, 1,000,000 shares authorized
Common stock, $.01 par value, 3,000,000 shares authorized, 582,789 shares outstanding at December 2021 and 551,369 shares outstanding at September 2021 9,148 8,834
Additional paid-in capital 26,999,735 24,918,781
Retained earnings 83,438,578 83,552,298
Treasury stock at cost (30,867,287) (30,867,287)
Total shareholders' equity 79,580,174 77,612,626
Total liabilities and shareholders' equity $ 185,648,771 $ 188,411,129