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Condensed Consolidated Balance Sheets - USD ($)
Dec. 31, 2020
Sep. 30, 2020
Current assets:    
Cash $ 515,098 $ 661,195
Accounts receivable, less allowance for doubtful accounts of $0.8 million at December 2020 and $0.9 million at September 2020 29,712,850 34,278,429
Inventories, net 67,832,187 98,971,773
Prepaid and other current assets 7,884,267 2,091,645
Total current assets 105,944,402 136,003,042
Property and equipment, net 17,171,501 17,497,274
Operating lease right-of-use assets, net 18,660,239 18,936,126
Note receivable 3,500,000 3,500,000
Goodwill 4,436,950 4,436,950
Other intangible assets, net 500,000 500,000
Equity method investment 7,189,433 6,744,095
Other assets 343,593 383,786
Total assets 157,746,118 188,001,273
Current liabilities:    
Accounts payable 17,054,417 22,108,299
Accrued expenses 11,137,468 8,306,160
Accrued wages, salaries and bonuses 2,468,758 4,761,020
Income taxes payable 465,553 567,408
Current operating lease liabilities 5,756,176 5,607,098
Current maturities of long-term debt 512,344 516,850
Total current liabilities 37,394,716 41,866,835
Credit facility 33,051,949 61,971,682
Deferred income tax liability, net 1,939,311 1,806,575
Long-term operating lease liabilities 13,575,388 14,028,606
Long-term debt, less current maturities 5,477,181 2,608,794
Other long-term liabilities 757,387 927,241
Shareholders' equity:    
Preferred stock, $.01 par value, 1,000,000 shares authorized
Common stock, $.01 par value, 3,000,000 shares authorized, 551,369 shares outstanding at December 2020 and 537,715 shares outstanding at September 2020 8,834 8,697
Additional paid-in capital 25,007,239 24,282,058
Retained earnings 71,401,400 71,362,334
Treasury stock at cost (30,867,287) (30,861,549)
Total shareholders' equity 65,550,186 64,791,540
Total liabilities and shareholders' equity $ 157,746,118 $ 188,001,273