XML 21 R6.htm IDEA: XBRL DOCUMENT v3.8.0.1
Condensed Consolidated Statements Of Cash Flows - USD ($)
3 Months Ended
Dec. 30, 2017
Dec. 24, 2016
Cash Flows from Operating Activities:    
Net income $ 45,146,740 $ 13,823,887
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization expense 27,989,567 27,079,917
Gain from sale or disposal of assets (57,270) (1,378,117)
Receipt of advance payments on purchases contracts 1,000,000 1,000,000
Recognition of advance payments on purchases contracts (498,746) (820,158)
Deferred income taxes (22,812,000) (19,000)
Changes in operating assets and liabilities:    
Receivables (5,184,856) (18,946,812)
Inventory (12,293,863) (8,715,364)
Other assets (5,760,061) (1,284,220)
Accounts payable and accrued expenses 9,859,803 6,452,116
Net Cash Provided by Operating Activities 37,389,314 17,192,249
Cash Flows from Investing Activities:    
Proceeds from sales of property and equipment 64,713 1,368,806
Capital expenditures (56,780,084) (29,278,744)
Net Cash Used by Investing Activities (56,715,371) (27,909,938)
Cash Flows from Financing Activities:    
Proceeds from short-term borrowings 65,519,466 103,292,831
Payments on short-term borrowings (51,253,678) (78,255,268)
Principal payments on long-term borrowings (1,846,230) (1,594,690)
Dividends paid (3,250,228) (3,248,464)
Net Cash Provided by Financing Activities 9,169,330 20,194,409
Net (Decrease) Increase in Cash and Cash Equivalents (10,156,727) 9,476,720
Cash and Cash Equivalents at Beginning of Period 23,912,100 5,679,509
Cash and Cash Equivalents at End of Period $ 13,755,373 $ 15,156,229