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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Jun. 30, 2019
Jun. 30, 2018
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 29,300 $ 27,772
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 8,466 7,853
Deferred income tax provision 4,555 5,674
Loss (gain) on sale of property and equipment (287) 78
Gain on insurance settlements   (1,082)
Proceeds from insurance settlements 475 2,342
Stock-based compensation expense 4,963 4,861
(Increase) decrease in —    
Accounts receivable, net (15,500) (19,833)
Inventories, net (41,591) 24,386
Prepaid expenses and other assets (5,777) (417)
Increase (decrease) in —    
Accounts payable 7,909 (5,686)
Customer deposits 6,761 1,794
Accrued expenses and other long-term liabilities 5,167 4,636
Net cash provided by operating activities 4,441 52,378
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchases of property and equipment (13,365) (10,839)
Proceeds from insurance settlements 280 685
Net cash used in acquisition of businesses, primarily property and equipment and inventory (13,260) (2,433)
Proceeds from sale of property and equipment 965 168
Net cash used in investing activities (25,380) (12,419)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Net (payments) borrowings on short-term borrowings 63,357 (23,568)
Net proceeds from issuance of common stock under incentive compensation and employee purchase plans 2,341 7,604
Contingent acquisition consideration payments (129) (3,026)
Payments on tax withholdings for equity awards (1,525) (118)
Purchase of treasury stock (20,309) (695)
Net cash (used in) provided by financing activities 43,735 (19,803)
NET INCREASE IN CASH AND CASH EQUIVALENTS 22,796 20,156
CASH AND CASH EQUIVALENTS, beginning of period 48,822 41,952
CASH AND CASH EQUIVALENTS, end of period 71,618 62,108
Cash paid for:    
Interest 9,937 9,530
Income taxes 3,965 $ 4,608
Non-cash items:    
Contingent consideration liabilities from acquisitions $ 640