Note 8 - Property and Equipment

6 Months Ended

Mar. 31, 2024

Notes to Financial Statements

Property, Plant and Equipment Disclosure [Text Block]

8. Property and Equipment

The Company had the following property and equipment balances as of March 31, 2024 and September 30, 2023, dollars in thousands:

				As of
	Useful lives (in years)			March 31, 2024			September 30, 2023
Construction in process		n/a		$	9,091			15,221
Land		n/a			6,746			6,746
Buildings	16	–	40		56,058			46,412
Land improvements	1	–	24		2,184			2,112
Leasehold and building improvements	1	–	25		178,927			173,407
Fixtures and equipment	5	–	7		164,267			157,710
Computer hardware and software	3	–	5		30,059			27,080
					447,332			428,688
Less accumulated depreciation and amortization					(268,993	)		(259,628	)
Property and equipment, net				$	178,339			169,060

Depreciation and amortization expense for the three and six months ended March 31, 2024 and 2023 is summarized as follows, dollars in thousands:

	Three months ended March 31,				Six months ended March 31,
	2024		2023		2024		2023
Depreciation and amortization expense included in cost of goods sold and occupancy costs	$	216		266		357		524
Depreciation and amortization expense included in store expenses		6,994		6,410		13,839		12,713
Depreciation and amortization expense included in administrative expenses		443		405		838		793
Depreciation and amortization expense included in pre-opening expenses		49		73		119		186
Total depreciation and amortization expense	$	7,702		7,154		15,153		14,216