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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2015
Cash flows from operating activities:      
Net income $ 31,813 $ 4,693 $ 344,094
Adjustments to reconcile net income to net cash provided by (used in) operating activities:      
Depreciation and amortization 14,009 13,794 13,338
Stock-based compensation expense 8,159 7,959 6,135
Inventory impairments and abandonments 2,445 15,282 3,109
Deferred and other income tax expense (benefit) 678 15,903 (326,360)
Write-off of deposit on legacy land investment 2,700 0 0
Gain on sale of fixed assets (294) (957) 0
Change in allowance for doubtful accounts (24) (698) (193)
Equity in (income) loss of unconsolidated entities and marketable securities (401) (143) 1,294
Cash distributions of income from unconsolidated entities 171 165 224
Non-cash loss on extinguishment of debt 3,677 4,978 0
Changes in operating assets and liabilities:      
Decrease (increase) in accounts receivable 16,927 (149) (17,757)
Decrease (increase) in income tax receivable 204 127 (373)
Decrease (increase) in inventory 41,911 129,028 (121,700)
Increase in other assets (168) (471) (165)
(Decrease) increase in trade accounts payable (690) (9,365) 7,302
(Decrease) increase in other liabilities (25,208) (17,121) 10,260
Other changes 0 0 (257)
Net cash provided by (used in) operating activities 95,909 163,025 (81,049)
Cash flows from investing activities:      
Capital expenditures (12,440) (12,219) (15,964)
Proceeds from sale of fixed assets 297 2,624 0
Investments in unconsolidated entities (3,261) (4,241) (4,944)
Return of capital from unconsolidated entities and marketable securities 1,621 1,142 24,245
Net cash (used in) provided by investing activities (13,783) (12,694) 3,337
Cash flows from financing activities:      
Repayment of debt (265,483) (828,221) (18,573)
Proceeds from issuance of new debt 250,000 642,150 0
Repayment of borrowings from credit facility (25,000) (90,000) (75,000)
Borrowings from credit facility 25,000 90,000 75,000
Debt issuance costs (4,919) (11,246) (126)
Other changes (391) (222) (200)
Net cash used in financing activities (20,793) (197,539) (18,899)
Increase (decrease) in cash, cash equivalents and restricted cash 61,333 (47,208) (96,611)
Cash, cash equivalents and restricted cash at beginning of period 243,276 290,484 387,095
Cash, cash equivalents and restricted cash at end of period $ 304,609 $ 243,276 $ 290,484