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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Operating activities:    
Net income $ 8,160 $ 5,778
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation of property, equipment and improvements 4,993 3,211
Amortization of intangible assets 20,400 11,989
Stock-based compensation 6,402 6,331
Deferred income tax provision 2,363 1,995
Loss on sale of property and equipment 12 65
Change in fair value of contingent consideration 0 5,772
Provision for bad debt and product returns 906 1,520
Provision for inventory obsolescence 6,710 1,200
Restructuring charge 214 995
Other (88) 84
Changes in operating assets and liabilities (net of acquisitions) (34,618) 3,144
Net cash provided by operating activities 15,454 42,084
Investing activities:    
Acquisition of business, net of cash acquired (347,553) (6,312)
Purchase of property, equipment, improvements and certain other intangible assets (4,218) (1,645)
Net cash used in investing activities (351,771) (7,957)
Financing activities:    
Proceeds from long-term debt 350,000 618
Payments on long-term debt (127,050) (15,625)
Payments for contingent consideration 0 (4,200)
Proceeds from issuance of stock, net of offering expenses 0 73,830
Proceeds from stock option plan transactions 6,739 7,024
Proceeds from employee stock purchase plan transactions 1,100 917
Taxes paid for net share settlement of share-based payment options and awards (6,476) (1,985)
Net cash provided by financing activities 224,313 60,579
Effect of exchange rate changes on cash and cash equivalents 1,087 (1,893)
Net (decrease) increase in cash and cash equivalents (110,917) 92,813
Cash and cash equivalents, beginning of period 152,432 54,129
Cash and cash equivalents, end of period 41,515 146,942
Supplemental schedule of non-cash investing and financing activities    
Transfer of inventory to property, equipment and improvements (1,742) (1,624)
Contingent consideration recognized related to acquisition of business 0 (5,914)
Tenant improvement allowance 0 (1,000)
Accrual for purchase of property, equipment, improvements and certain other intangible assets $ (69) $ (14)