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Property and Equipment
12 Months Ended
Sep. 30, 2024
Property Plant And Equipment [Abstract]  
Property and Equipment

7. PROPERTY AND EQUIPMENT:

Property and equipment, net consisted of the following as of September 30,

 

 

2023

 

 

2024

 

 

 

(Amounts in thousands)

 

Land

 

$

124,605

 

 

$

124,975

 

Buildings and improvements

 

 

413,688

 

 

 

435,665

 

Machinery and equipment

 

 

100,517

 

 

 

105,070

 

Furniture and fixtures

 

 

8,153

 

 

 

7,378

 

Vehicles

 

 

24,848

 

 

 

26,930

 

Gross property and equipment

 

 

671,811

 

 

 

700,018

 

Less: accumulated depreciation and amortization

 

 

(144,259

)

 

 

(167,252

)

Property and equipment, net

 

$

527,552

 

 

$

532,766

 

Depreciation expense on property and equipment, which includes amounts allocated to cost of sales, totaled approximately $16.7 million, $32.3 million and $35.7 million, for the fiscal years ended September 30, 2022, 2023, and 2024, respectively.