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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2013
Cash flows from operating activities:      
Net income (loss) $ 344,094 $ 34,383 $ (33,868)
Adjustments to reconcile net income (loss) to net cash used in operating activities:      
Depreciation and amortization 13,338 13,279 12,784
Stock-based compensation expense 6,135 2,587 2,858
Inventory impairments and option contract abandonments 3,109 8,307 2,650
Deferred and other income tax benefit (326,360) (12,590) (421)
Change in allowance for doubtful accounts (193) (406) (584)
Equity in loss (income) of unconsolidated entities and marketable securities 1,294 (6,545) 114
Cash distributions of income from unconsolidated entities 224 566 336
Loss on extinguishment of debt 0 2,670 4,636
Changes in operating assets and liabilities:      
(Increase) decrease in accounts receivable (17,757) (11,681) 2,841
(Increase) decrease in income tax receivable (373) 2,767 3,559
Increase in inventory (121,700) (230,138) (186,349)
(Increase) decrease in other assets (165) 1,292 1,906
Increase in trade accounts payable 7,302 22,437 14,532
Increase in other liabilities 10,260 13,002 413
Other changes (257) (399) (49)
Net cash used in operating activities (81,049) (160,469) (174,642)
Cash flows from investing activities:      
Capital expenditures (15,964) (14,553) (10,761)
Investments in unconsolidated entities (4,944) (5,218) (3,879)
Proceeds from sale of unconsolidated entities and marketable securities 24,245 1,703 510
Increases in restricted cash (5,546) (15,608) (4,790)
Decreases in restricted cash 29,586 1,645 209,072
Net cash provided by (used in) investing activities 27,377 (32,031) 190,152
Cash flows from financing activities:      
Repayment of debt (18,573) (307,602) (184,723)
Proceeds from issuance of new debt 0 325,000 397,082
Repayment of cash secured loans 0 0 (205,000)
Debt issuance costs (126) (5,490) (5,548)
Borrowings from credit facility 75,000 0 0
Repayment of borrowings from credit facility (75,000) 0 0
Settlement of unconsolidated entity debt obligation 0 0 (500)
Other changes (200) 287 (157)
Net cash (used in) provided by financing activities (18,899) 12,195 1,154
(Decrease) increase in cash and cash equivalents (72,571) (180,305) 16,664
Cash and cash equivalents at beginning of period 324,154 504,459 487,795
Cash and cash equivalents at end of period $ 251,583 $ 324,154 $ 504,459