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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Operating activities:    
Consolidated net (loss) $ (90,075) $ (1,089)
Adjustments to reconcile net income (loss) to net cash provided by operating activities, net of acquisitions:    
Depreciation and amortization 15,866 2,154
Undistributed earnings of noncontrolling interest 777  
Employee stock compensation expense 20,300 460
Changes in deferred taxes (1,907)  
Provision for doubtful accounts 381 72
Unrealized foreign currency (gain) loss 60 9
Amortization of debt issuance costs and original issue discount 1,203  
Noncash interest and accretion expense 2,512  
Loss on fair value remeasurement of embedded derivative 56,714  
Other non-cash operating activities   69
Loss on debt extinguishment 878  
Non-cash amortization of inventory fair value step-up 6,277  
Gain on disposal of property and equipment (235) (1)
Financing lease interest expense 1 137
Changes in operating assets and liabilities:    
Trade receivables and contract assets (8,926) (1,927)
Inventories (14,688) (172)
Prepaid expenses and other current assets (10,149) 178
Operational lease right-of-use assets and liabilities, net 1,457 (31)
Accounts payable 5,222 770
Accrued expenses and other liabilities (11,510) 66
Fees invoiced in advance 28,402 3,831
Other asset and liabilities, net 1,467  
Net cash provided by operating activities 4,027 4,526
Investing activities:    
Capital expenditures (15,202) (2,427)
Proceeds from sale of equipment 283 2
Cash paid in acquisitions (288,702)  
Net cash used in investing activities (303,621) (2,425)
Financing activities:    
Payments on finance lease liability   (207)
Payments of long-term debt (37,746) (1,436)
Payments of debt issuance costs (9,887) (41)
Payments on promissory notes (763)  
Payments on capex lines of credit (1,749) (135)
Payments on revolving credit facility (10,000)  
Payments on senior term notes (513)  
Payments on delayed draw term loan (88)  
Borrowings on revolving line of credit 10,000  
Borrowings on construction loans 1,184  
Borrowings on capex lines of credit   387
Borrowings on delayed draw term loan 35,000  
Proceeds from issuance of senior term notes 205,000  
Proceeds from exercise of stock options 93 111
Net cash provided by (used in) financing activities 190,531 (1,321)
Effect of exchange rate changes on cash and cash equivalents (392)  
Net (decrease) increase in cash and cash equivalents (109,455) 780
Cash, cash equivalents, and restricted cash at beginning of period 156,924 1,406
Cash, cash equivalents, and restricted cash at end of period 47,469 2,186
Noncash financing activity:    
Seller financed acquisition 6,325  
Supplemental disclosure of cash flow information:    
Cash paid for interest 5,989 $ 520
Income taxes paid, net $ 614