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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Cash flows from operating activities:    
Net income $ 73,660 $ 28,548
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Depreciation and amortization 10,494 10,834
Stock-based compensation expense 9,254 4,869
Inventory impairments and abandonments 696 2,266
Deferred and other income tax expense 22,587 8,900
Gain on sale of fixed assets (258) (195)
Change in allowance for doubtful accounts (66) (6)
Equity in income from unconsolidated entities (424) (138)
Cash distributions of income from unconsolidated entities 66 56
Loss on extinguishment of debt, net 1,613 0
Changes in operating assets and liabilities:    
(Increase) decrease in accounts receivable (3,145) 8,555
Decrease in income tax receivable 49 315
Increase in inventory (54,867) (6,616)
Increase in other assets (4,195) (1,377)
Increase in trade accounts payable 22,892 48
Increase in other liabilities 186 2,897
Net cash provided by operating activities 78,542 58,956
Cash flows from investing activities:    
Capital expenditures (10,319) (7,510)
Proceeds from sale of fixed assets 308 214
Net cash used in investing activities (10,011) (7,296)
Cash flows from financing activities:    
Repayment of debt (25,128) (1,150)
Repayment of borrowings from credit facility 0 (345,000)
Borrowings from credit facility 0 345,000
Debt issuance costs (427) (97)
Repurchase of common stock 0 (3,327)
Tax payments for stock-based compensation awards (3,044) (2,674)
Stock option exercises and other financing activities 564 (1,854)
Net cash used in financing activities (28,035) (9,102)
Net increase in cash, cash equivalents, and restricted cash 40,496 42,558
Cash, cash equivalents, and restricted cash at beginning of period 342,528 122,794
Cash, cash equivalents, and restricted cash at end of period $ 383,024 $ 165,352