Note 6 - Property and Equipment

12 Months Ended

Sep. 30, 2021

Notes to Financial Statements

Property, Plant and Equipment Disclosure [Text Block]

6. Property and Equipment

The Company had the following property and equipment balances as of September 30, 2021 and 2020, dollars in thousands:

	Useful lives			As of September 30,
	(in years)			2021			2020
Construction in process		n/a		$	2,268			6,717
Land		n/a			6,062			1,390
Buildings	16	-	40		34,531			26,732
Land improvements	1	-	24		1,782			1,575
Leasehold and building improvements	1	-	25		159,800			153,438
Fixtures and equipment	5	-	7		145,754			139,965
Computer hardware and software	3	-	5		25,068			23,628
					375,265			353,445
Less accumulated depreciation and amortization					(223,866	)		(205,516	)
Property and equipment, net				$	151,399			147,929

Total costs capitalized for qualifying construction projects of leasehold and building improvements included $0.5 million and $0.4 million the years ended September 30, 2021 and 2020, respectively, related to internal staff compensation. Depreciation expense related to capitalized internal staff compensation was $0.6 million for each of the years ended September 30, 2021, 2020, and 2019. Interest costs of $0.2 million, $0.1 million and $0.3 million were capitalized for the years ended September 30, 2021, 2020 and 2019, respectively.

Depreciation and amortization expense for the years ended September 30, 2021, 2020 and 2019 is summarized as follows, dollars in thousands:

	Year ended September 30,
	2021		2020		2019
Depreciation and amortization expense included in cost of goods sold and occupancy costs	$	873		793		736
Depreciation and amortization expense included in store expenses		27,542		29,225		27,150
Depreciation and amortization expense included in administrative expenses		1,218		1,175		1,091
Total depreciation and amortization expenses	$	29,633		31,193		28,977