XML 17 R6.htm IDEA: XBRL DOCUMENT v3.10.0.1
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Jun. 30, 2018
Jun. 30, 2017
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 27,772 $ 19,636
Adjustments to reconcile net income to net cash (used in) provided by operating activities:    
Depreciation and amortization 7,853 6,877
Deferred income tax provision 5,674 9,322
(Gain) loss on sale of property and equipment and assets held for sale 78 (62)
Gain on insurance settlements (1,082)  
Proceeds from insurance settlements 2,342  
Stock-based compensation expense 4,861 4,600
(Increase) decrease in —    
Accounts receivable, net (19,833) (16,769)
Inventories, net 24,386 (41,083)
Prepaid expenses and other assets (417) (1,413)
Increase (decrease) in —    
Accounts payable (5,686) 16,037
Customer deposits 1,794 (7,922)
Accrued expenses and long-term liabilities 4,636 5,098
Net cash (used in) provided by operating activities 52,378 (5,679)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchases of property and equipment (10,839) (12,354)
Proceeds from insurance settlements 685  
Net cash used in acquisition of businesses, primarily property and equipment and inventory (2,433) (18,725)
Proceeds from sale of property and equipment and assets held for sale 168 946
Net cash used in investing activities (12,419) (30,133)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Net borrowings (payments) on short-term borrowings (23,568) 58,284
Net proceeds from issuance of common stock under incentive compensation and employee purchase plans 7,604 3,029
Contingent acquisition consideration payments (3,026) (150)
Payments on tax withholdings for equity awards (118) (87)
Purchase of treasury stock (695) (4,919)
Net cash provided by (used in) financing activities (19,803) 56,157
NET INCREASE IN CASH AND CASH EQUIVALENTS 20,156 20,345
CASH AND CASH EQUIVALENTS, beginning of period 41,952 38,585
CASH AND CASH EQUIVALENTS, end of period 62,108 58,930
Cash paid for:    
Interest 9,530 6,211
Income taxes $ 4,608 457
Non-cash items:    
Contingent consideration liabilities from acquisitions   $ 3,720