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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
12 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2019
Cash flows from operating activities:      
Net income (loss) $ 122,021,000 $ 52,226,000 $ (79,520,000)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:      
Depreciation and amortization 13,976,000 15,640,000 14,759,000
Stock-based compensation expense 12,167,000 10,036,000 10,526,000
Inventory impairments and abandonments 853,000 2,903,000 148,618,000
Deferred and other income tax expense (benefit) 21,501,000 17,664,000 (37,245,000)
Gain on sale of fixed assets (392,000) (335,000) (232,000)
Change in allowance for doubtful accounts (68,000) 54,000 (74,000)
Equity in income of unconsolidated entities (594,000) (347,000) (403,000)
Cash distributions of income from unconsolidated entities 132,000 306,000 408,000
Loss on extinguishment of debt, net 2,025,000 0 24,920,000
Changes in operating assets and liabilities:      
(Increase) decrease in accounts receivable (5,800,000) 6,524,000 (1,674,000)
Decrease in income tax receivable 460,000 315,000 0
(Increase) decrease in inventory (147,511,000) 154,865,000 42,927,000
(Increase) decrease in other assets (1,922,000) 3,000 323,000
Increase in trade accounts payable 1,199,000 1,040,000 4,720,000
Increase (decrease) in other liabilities 13,609,000 28,201,000 (14,418,000)
Net cash provided by operating activities 31,656,000 289,095,000 113,635,000
Cash flows from investing activities:      
Capital expenditures (14,645,000) (10,642,000) (21,356,000)
Proceeds from sale of fixed assets 456,000 478,000 251,000
Acquisition, net of cash acquired 0 0 (4,088,000)
Return of capital from unconsolidated entities 0 0 68,000
Net cash used in investing activities (14,189,000) (10,164,000) (25,125,000)
Cash flows from financing activities:      
Repayment of debt (82,476,000) (51,150,000) (576,548,000)
Proceeds from issuance of new debt 0 0 500,000,000
Repayment of borrowings from credit facility 0 (390,000,000) (425,000,000)
Borrowings from credit facility 0 390,000,000 425,000,000
Debt issuance costs (901,000) (202,000) (6,137,000)
Repurchase of common stock 0 (3,327,000) (34,624,000)
Tax payments for stock-based compensation awards (3,044,000) (2,686,000) (1,969,000)
Stock option exercises and other financing activities 569,000 (1,832,000) 314,000
Net cash used in financing activities (85,852,000) (59,197,000) (118,964,000)
(Decrease) increase in cash, cash equivalents, and restricted cash (68,385,000) 219,734,000 (30,454,000)
Cash, cash equivalents, and restricted cash at beginning of period 342,528,000 122,794,000 153,248,000
Cash, cash equivalents, and restricted cash at end of period $ 274,143,000 $ 342,528,000 $ 122,794,000