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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
12 Months Ended
Sep. 30, 2020
Sep. 30, 2019
CONSOLIDATED STATEMENTS OF OPERATIONS    
Sales (including excise taxes of $393.3 million and $370.2 million, respectively) $ 1,521,278,763 $ 1,392,388,157
Cost of sales 1,433,544,831 1,308,364,726
Gross profit 87,733,932 84,023,431
Selling, general and administrative expenses 75,051,227 72,182,883
Depreciation and amortization 3,116,449 2,617,591
Impairment charges 485,270 2,873,269
Total operating expenses 78,652,946 77,673,743
Operating income 9,080,986 6,349,688
Other expense (income):    
Interest expense 1,693,251 1,598,864
Other (income), net (114,276) (61,119)
Total other expenses (income) 1,578,975 1,537,745
Income from operations before income taxes 7,502,011 4,811,943
Income tax expense 2,143,000 1,609,000
Net income (loss) attributable to AMCON, net of tax (1) 183,579  
Net income available to common shareholders $ 5,542,590 $ 3,202,943
Basic earnings per share available to common shareholders (in dollars per share) $ 9.88 $ 5.36
Diluted earnings per share available to common shareholders (in dollars per share) $ 9.76 $ 5.25
Basic weighted average shares outstanding (in shares) 561,166 597,961
Diluted weighted average shares outstanding (in shares) 567,961 609,836
Dividends declared and paid per common share (in dollars per share) $ 1.00 $ 1.00