XML 19 R7.htm IDEA: XBRL DOCUMENT v3.25.3
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 12 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2023
CASH FLOWS FROM OPERATING ACTIVITIES:      
Net (loss) income $ (30,766) $ 38,738 $ 109,478
Adjustments to reconcile net (loss) income to net cash provided by (used in) operating activities:      
Depreciation and amortization 49,320 44,487 41,032
Deferred income tax (benefit) provision, net of effects of acquisitions (12,870) 3,390 23,059
Goodwill impairment 69,055    
Loss (gain) from hurricane 4,433 4,850 (933)
Change in fair value of contingent consideration (28,126) (3,030) 2,372
Loss (gain) on sale of property and equipment and assets held for sale (205) 432 (354)
Gain on previously held equity investment upon acquisition of the entire business     (5,129)
Proceeds from insurance settlements 118    
Stock-based compensation expense 19,353 23,961 21,657
(Increase) decrease in, net of effects of acquisitions —      
Accounts receivable, net (3,646) (20,427) (30,977)
Inventories 35,489 (90,966) (351,753)
Prepaid expenses and other assets (3,554) (1,465) 254
(Decrease) increase in, net of effects of acquisitions —      
Accounts payable 1,714 (17,595) 24,043
Contract liabilities (customer deposits) (18,674) (16,885) (65,617)
Accrued expenses and other liabilities (8,835) 8,850 10,633
Net cash provided by (used in) operating activities 72,806 (25,660) (222,235)
CASH FLOWS FROM INVESTING ACTIVITIES:      
Purchases of property and equipment (60,864) (60,423) (65,408)
Proceeds from insurance settlements 2,028 581 3,440
Issuance of notes receivable (2,811)    
Cash used in acquisition of businesses, net of cash acquired (10,482) (21,955) (516,794)
Proceeds from investments 0   2,143
Purchases of investments (493)   (2,486)
Proceeds from trade name and warranties assumed in asset exchange agreement 6,170    
Proceeds from sale of property and equipment and assets held for sale 10,828 450 2,740
Net cash used in investing activities (55,624) (81,347) (576,365)
CASH FLOWS FROM FINANCING ACTIVITIES:      
Net borrowings on short-term borrowings (Floor Plan) 6,685 170,000 404,708
Proceeds from long-term debt 36,540   400,000
Payments for long-term debt (34,223) (33,766) (25,272)
Net proceeds from issuance of common stock under incentive compensation, and employee purchase plans 2,591 2,641 2,353
Contingent acquisition consideration payments (51,510) (3,032) (8,340)
Payments on tax withholdings for equity awards (4,585) (5,193) (3,045)
Purchase of treasury stock (27,480) (2,141)  
Net cash (used in) provided by financing activities (71,982) 128,509 770,404
Effect of exchange rate changes on cash 825 1,368 1,378
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS: (53,975) 22,870 (26,818)
CASH AND CASH EQUIVALENTS, beginning of year 224,326 201,456 228,274
CASH AND CASH EQUIVALENTS, end of year 170,351 224,326 201,456
Cash paid for:      
Interest 77,415 79,308 51,974
Income taxes 9,199 9,827 30,034
Non-cash items:      
Accrued tax withholdings upon vesting of equity awards $ 4,249 3,797 3,082
Contingent consideration liabilities from acquisitions   1,313 $ 77,380
Other current assets held for sale previously classified as property and equipment   $ 11,964