BUSINESS SEGMENTS (Tables)

6 Months Ended

Mar. 31, 2014

BUSINESS SEGMENTS

Schedule of segment information

	WholesaleSegment		RetailSegment		Other			Consolidated
THREE MONTHS ENDED MARCH 2014:
External revenue:
Cigarettes	$	194,804,666	$	—	$	—		$	194,804,666
Confectionery	16,504,352		—		—			16,504,352
Health food	—		9,188,668		—			9,188,668
Tobacco, food service & other	51,924,102		—		—			51,924,102
Total external revenue	263,233,120		9,188,668		—			272,421,788
Depreciation	411,201		125,446		937			537,584
Amortization	91,250		—		—			91,250
Operating income (loss)	2,095,162		490,831		(1,407,039		)	1,178,954
Interest expense	38,856		56,002		127,766			222,624
Income (loss) from operations before taxes	2,076,291		438,798		(1,519,804		)	995,285
Total assets	94,011,377		13,534,327		318,709			107,864,413
Capital expenditures	374,459		2,695		—			377,154
THREE MONTHS ENDED MARCH 2013:
External revenue:
Cigarettes	$	197,704,322	$	—	$	—		$	197,704,322
Confectionery	16,847,270		—		—			16,847,270
Health food	—		9,868,050		—			9,868,050
Tobacco, food service & other	50,148,509		—		—			50,148,509
Total external revenue	264,700,101		9,868,050		—			274,568,151
Depreciation	413,307		94,291		937			508,535
Amortization	91,250		—		—			91,250
Operating income (loss)	2,530,591		1,067,812		(1,339,363		)	2,259,040
Interest expense	51,764		54,580		142,648			248,992
Income (loss) from operations before taxes	2,493,782		1,018,404		(1,387,292		)	2,124,894
Total assets	89,426,229		13,719,780		287,165			103,433,174
Capital expenditures	209,689		564,312		—			774,001

	Wholesale Segment		Retail Segment		Other			Consolidated
SIX MONTHS ENDED MARCH 2014:
External revenue:
Cigarettes	$	415,956,477	$	—	$	—		$	415,956,477
Confectionery	34,707,543		—		—			34,707,543
Health food	—		17,711,946		—			17,711,946
Tobacco, food service & other	109,671,379		—		—			109,671,379
Total external revenue	560,335,399		17,711,946		—			578,047,345
Depreciation	814,543		253,956		1,875			1,070,374
Amortization	182,500		—		—			182,500
Operating income (loss)	5,891,124		543,021		(2,730,431		)	3,703,714
Interest expense	82,653		116,778		325,188			524,619
Income (loss) from operations before taxes	5,835,814		435,170		(3,022,703		)	3,248,281
Total assets	94,011,377		13,534,327		318,709			107,864,413
Capital expenditures	1,293,001		69,831		—			1,362,832
SIX MONTHS ENDED MARCH 2013:
External revenue:
Cigarettes	$	419,434,504	$	—	$	—		$	419,434,504
Confectionery	34,803,342		—		—			34,803,342
Health food	—		18,572,693		—			18,572,693
Tobacco, food service & other	103,975,933		—		—			103,975,933
Total external revenue	558,213,779		18,572,693		—			576,786,472
Depreciation	822,050		187,223		1,874			1,011,147
Amortization	182,500		—		—			182,500
Operating income (loss)	6,333,328		1,439,610		(2,726,443		)	5,046,495
Interest expense	106,896		113,548		344,600			565,044
Income (loss) from operations before taxes	6,247,239		1,336,174		(2,925,767		)	4,657,646
Total assets	89,426,229		13,719,780		287,165			103,433,174
Capital expenditures	503,339		600,890		—			1,104,229