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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Mar. 31, 2025
Mar. 31, 2024
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 21,286 $ 2,294
Adjustments to reconcile net income to net cash used in operating activities:    
Depreciation and amortization 23,849 21,897
Deferred income tax (benefit) provision, net of effects of acquisitions (4,945) 1,229
Weather expenses 5,521 698
Change in fair value of contingent consideration (25,712) 1,167
(Gain) loss on sale of property and equipment and assets held for sale (152) (41)
Proceeds from insurance settlements 118  
Stock-based compensation expense 10,794 11,403
(Increase) decrease in, net of effects of acquisitions —    
Accounts receivable, net (14,532) (35,791)
Inventories (71,076) (116,021)
Prepaid expenses and other assets 4,917 1,757
(Decrease) increase in, net of effects of acquisitions —    
Accounts payable (9,825) (10,582)
Contract liabilities (customer deposits) (7,437) (2,635)
Accrued expenses and other liabilities (6,389) 13,443
Net cash used in operating activities (73,583) (111,182)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchases of property and equipment (30,975) (28,508)
Cash used in acquisition of businesses, net of cash acquired (10,482) (21,955)
Proceeds from insurance settlements 1,004 494
Proceeds from trade name and warranties assumed in asset exchange agreement 6,170  
Proceeds from sale of property and equipment and other assets 8,540 80
Net cash used in investing activities (25,743) (49,889)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Net borrowings on short-term borrowings (Floor Plan) 112,707 197,723
Payments of long-term debt (17,078) (16,883)
Contingent acquisition consideration payments (727) (2,632)
Net proceeds from issuance of common stock under incentive compensation and employee purchase plans 1,477 1,434
Payments on tax withholdings for equity awards (4,520) (4,198)
Purchase of treasury stock (12,431)  
Net cash provided by financing activities 79,428 175,444
Effect of exchange rate changes on cash (921) 855
NET (DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS (20,819) 15,228
CASH AND CASH EQUIVALENTS, beginning of period 224,326 201,456
CASH AND CASH EQUIVALENTS, end of period 203,507 216,684
Cash paid for:    
Interest 39,177 39,271
Income taxes $ 3,491 5,957
Non-cash items:    
Contingent consideration liabilities from acquisitions   $ 1,313