BUSINESS SEGMENTS (Tables)

6 Months Ended

Mar. 31, 2022

BUSINESS SEGMENTS

Schedule of segment information

	Wholesale		Retail
	Segment		Segment		Other		Consolidated
THREE MONTHS ENDED MARCH 2022
External revenues:
Cigarettes	$	256,539,579	$	—	$	—	$	256,539,579
Tobacco		66,739,280		—		—		66,739,280
Confectionery		22,671,755		—		—		22,671,755
Health food		—		12,419,296		—		12,419,296
Foodservice & other		33,518,282		—		—		33,518,282
Total external revenue		379,468,896		12,419,296		—		391,888,192
Depreciation		499,567		318,655		—		818,222
Operating income (loss)		6,303,312		746,068		(3,106,031)		3,943,349
Interest expense		53,067		—		191,853		244,920
Income (loss) from operations before taxes		6,281,362		748,572		(3,270,547)		3,759,387
Equity method investment earnings, net of tax		—		—		591,795		591,795
Total assets		149,384,369		17,563,452		14,222,250		181,170,071
Capital expenditures		466,703		187,093		—		653,796

	Wholesale		Retail
	Segment		Segment		Other		Consolidated
THREE MONTHS ENDED MARCH 2021
External revenue:
Cigarettes	$	255,558,043	$	—	$	—	$	255,558,043
Tobacco		61,431,768		—		—		61,431,768
Confectionery		19,901,516		—		—		19,901,516
Health food		—		12,306,332		—		12,306,332
Foodservice & other		29,315,831		—		—		29,315,831
Total external revenue		366,207,158		12,306,332		—		378,513,490
Depreciation		487,004		292,921		—		779,925
Operating income (loss)		4,431,132		661,303		(1,921,741)		3,170,694
Interest expense		58,109		—		252,434		310,543
Income (loss) from operations before taxes		4,425,941		664,193		(2,145,718)		2,944,416
Equity method investment earnings, net of tax		—		—		313,492		313,492
Total assets		142,275,883		17,673,640		11,575,485		171,525,008
Capital expenditures		186,991		101,294		—		288,285

	Wholesale		Retail
	Segment		Segment		Other		Consolidated
SIX MONTHS ENDED MARCH 2022
External revenue:
Cigarettes	$	535,905,970	$	—	$	—	$	535,905,970
Tobacco		135,807,514		—		—		135,807,514
Confectionery		47,150,791		—		—		47,150,791
Health food		—		24,344,501		—		24,344,501
Foodservice & other		71,250,693		—		—		71,250,693
Total external revenue		790,114,968		24,344,501		—		814,459,469
Depreciation		986,332		616,135		—		1,602,467
Operating income (loss)		13,741,978		1,207,653		(7,248,604)		7,701,027
Interest expense		108,562		—		458,456		567,018
Income (loss) from operations before taxes		13,673,095		1,213,313		(7,651,331)		7,235,077
Equity method investment earnings, net of tax		—		—		1,362,161		1,362,161
Total assets		149,384,369		17,563,452		14,222,250		181,170,071
Capital expenditures		643,684		231,538		—		875,222

	Wholesale		Retail
	Segment		Segment		Other		Consolidated
SIX MONTHS ENDED MARCH 2021
External revenue:
Cigarettes	$	532,147,749	$	—	$	—	$	532,147,749
Tobacco		126,277,312		—		—		126,277,312
Confectionery		40,066,093		—		—		40,066,093
Health food		—		23,453,430		—		23,453,430
Foodservice & other		61,313,679		—		—		61,313,679
Total external revenue		759,804,833		23,453,430		—		783,258,263
Depreciation		959,697		594,513		—		1,554,210
Operating income (loss)		10,219,371		546,316		(3,507,115)		7,258,572
Interest expense		87,645		—		599,328		686,973
Income (loss) from operations before taxes		10,195,201		552,034		(4,049,548)		6,697,687
Equity method investment earnings, net of tax		—		—		648,831		648,831
Total assets		142,275,883		17,673,640		11,575,485		171,525,008
Capital expenditures		593,431		143,366		—		736,797