BUSINESS SEGMENTS:

12 Months Ended

Sep. 30, 2015

BUSINESS SEGMENTS

BUSINESS SEGMENTS

12. BUSINESS SEGMENTS:

AMCON has two reportable business segments: the wholesale distribution of consumer products and the retail sale of health and natural food products. The retail health food stores' operations are aggregated to comprise the Retail Segment because such operations have similar economic characteristics, as well as similar characteristics with respect to the nature of products sold, the type and class of customers for the health food products and the methods used to sell the products. Included in the "Other" column are intercompany eliminations, and assets held and charges incurred by our holding company. The segments are evaluated on revenues, gross margins, operating income (loss), and income before taxes.

	Wholesale Distribution		Retail		Other			Consolidated
FISCAL YEAR ENDED 2015:
External revenues:
Cigarettes	$	919,708,097	$	—	$	—		$	919,708,097
Tobacco		148,373,140		—		—			148,373,140
Confectionery		83,201,334		—		—			83,201,334
Health food		—		31,325,389		—			31,325,389
Foodservice & other		99,247,936		—		—			99,247,936
Total external revenues		1,250,530,507		31,325,389		—			1,281,855,896
Depreciation		1,427,011		470,299		1,874			1,899,184
Amortization		365,000		—		—			365,000
Operating income (loss)		16,487,097		661,835		(5,613,969	)		11,534,963
Interest expense		129,397		194,349		517,993			841,739
Income (loss) from operations before taxes		16,408,321		485,918		(6,131,961	)		10,762,278
Total assets		107,220,546		12,813,643		149,618			120,183,807
Capital expenditures		854,924		163,467		—			1,018,391
FISCAL YEAR ENDED 2014:
External revenues:
Cigarettes	$	890,603,305	$	—	$	—		$	890,603,305
Tobacco		141,594,384		—		—			141,594,384
Confectionery		77,635,706		—		—			77,635,706
Health food		—		34,314,947		—			34,314,947
Foodservice & other		92,607,046		—		—			92,607,046
Total external revenues		1,202,440,441		34,314,947		—			1,236,755,388
Depreciation		1,511,929		505,724		3,749			2,021,402
Amortization		365,000		—		—			365,000
Operating income (loss)		13,715,414		768,417		(5,087,462	)		9,396,369
Interest expense		153,841		217,833		563,686			935,360
Income (loss) from operations before taxes		13,599,019		569,991		(5,577,482	)		8,591,528
Total assets		95,261,175		13,182,458		236,319			108,679,952
Capital expenditures		2,648,857		147,469		—			2,796,326