XML 14 R2.htm IDEA: XBRL DOCUMENT v3.23.2
Condensed Consolidated Balance Sheets - USD ($)
Jun. 30, 2023
Sep. 30, 2022
Current assets:    
Cash $ 739,013 $ 431,576
Accounts receivable, less allowance for doubtful accounts of $2.5 million at both June 2023 and September 2022 78,640,187 62,367,888
Inventories, net 162,567,117 134,654,637
Income taxes receivable   819,595
Prepaid expenses and other current assets 13,630,317 12,702,084
Total current assets 255,576,634 210,975,780
Property and equipment, net 78,872,876 48,085,520
Operating lease right-of-use assets, net 19,739,321 19,941,009
Goodwill 5,778,325 5,277,950
Other intangible assets, net 5,419,361 2,093,113
Other assets 3,320,838 2,751,155
Total assets 368,707,355 289,124,527
Current liabilities:    
Accounts payable 51,853,159 39,962,363
Accrued expenses 15,960,945 14,446,210
Accrued wages, salaries and bonuses 7,799,903 7,811,207
Income taxes payable 752,658  
Current operating lease liabilities 6,300,102 6,454,473
Current maturities of long-term debt 2,738,524 1,595,309
Current mandatorily redeemable non-controlling interest 1,641,612 1,712,095
Total current liabilities 87,046,903 71,981,657
Credit facilities 143,375,961 91,262,438
Deferred income tax liability, net 3,138,204 2,328,588
Long-term operating lease liabilities 13,737,167 13,787,721
Long-term debt, less current maturities 12,229,486 7,384,260
Mandatorily redeemable non-controlling interest, less current portion 7,976,499 9,446,460
Other long-term liabilities 289,672 103,968
Shareholders' equity:    
Preferred stock, $.01 par value, 1,000,000 shares authorized
Common stock, $.01 par value, 3,000,000 shares authorized, 608,689 shares outstanding at June 2023 and 584,789 shares outstanding at September 2022 9,431 9,168
Additional paid-in capital 30,175,977 26,903,201
Retained earnings 102,000,218 96,784,353
Treasury stock at cost (31,272,163) (30,867,287)
Total shareholders' equity 100,913,463 92,829,435
Total liabilities and shareholders' equity $ 368,707,355 $ 289,124,527