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BUSINESS SEGMENTS (Tables)

9 Months Ended

Jun. 30, 2019

BUSINESS SEGMENTS

Schedule of segment information

		Wholesale			Retail
		Segment			Segment									Other						Consolidated
THREE MONTHS ENDED JUNE 2019
External revenues:
Cigarettes		$	255,049,572		$		—							$	—					$	255,049,572
Tobacco			52,014,713				—								—						52,014,713
Confectionery			22,541,448				—								—						22,541,448
Health food			—				11,037,533								—						11,037,533
Foodservice & other			29,338,250				—								—						29,338,250
Total external revenue			358,943,983				11,037,533								—						369,981,516
Depreciation			350,701				259,024								—						609,725
Amortization			10,417				—								—						10,417
Operating income (loss)			3,592,787				(702,888)								(1,497,197)						1,392,702
Interest expense			36,240				—								345,229						381,469
Income (loss) from operations before taxes			3,569,182				(700,076)								(1,842,427)						1,026,679
Total assets			120,567,974				17,187,420								186,822						137,942,216
Capital expenditures			757,993				347,790								—						1,105,783
THREE MONTHS ENDED JUNE 2018
External revenue:
Cigarettes		$	248,357,752		$		—							$	—					$	248,357,752
Tobacco			44,598,270				—								—						44,598,270
Confectionery			21,437,432				—								—						21,437,432
Health food			—				6,246,691								—						6,246,691
Foodservice & other			28,403,055				—								—						28,403,055
Total external revenue			342,796,509				6,246,691								—						349,043,200
Depreciation			284,609				314,476								—						599,085
Amortization			15,625				—								—						15,625
Operating income (loss)			4,245,654				(1,078,191)								(1,677,518)						1,489,945
Interest expense			22,585				—								238,925						261,510
Income (loss) from operations before taxes			4,239,525				(1,076,032)								(1,916,443)						1,247,050
Total assets			104,905,403				13,994,013								202,939						119,102,355
Capital expenditures			435,061				262,771								—						697,832

		Wholesale						Retail
		Segment						Segment						Other						Consolidated
NINE MONTHS ENDED JUNE 2019
External revenue:
Cigarettes		$	704,983,203					$	—					$	—					$	704,983,203
Tobacco			144,875,098						—						—						144,875,098
Confectionery			60,352,104						—						—						60,352,104
Health food			—						34,001,611						—						34,001,611
Foodservice & other			81,219,293						—						—						81,219,293
Total external revenue			991,429,698						34,001,611						—						1,025,431,309
Depreciation			1,093,005						734,706						—						1,827,711
Amortization			41,667						—						—						41,667
Operating income (loss)			11,093,779						(489,288)						(4,588,362)						6,016,129
Interest expense			110,837						—						990,158						1,100,995
Income (loss) from operations before taxes			11,030,865						(482,128)						(5,578,522)						4,970,215
Total assets			120,567,974						17,187,420						186,822						137,942,216
Capital expenditures			2,366,666						1,109,896						—						3,476,562
NINE MONTHS ENDED JUNE 2018
External revenue:
Cigarettes		$	679,812,016					$	—					$	—					$	679,812,016
Tobacco			125,776,543						—						—						125,776,543
Confectionery			57,210,816						—						—						57,210,816
Health food			—						19,349,676						—						19,349,676
Foodservice & other			77,614,644						—						—						77,614,644
Total external revenue			940,414,019						19,349,676						—						959,763,695
Depreciation			919,236						700,632						—						1,619,868
Amortization			63,750						—						—						63,750
Operating income (loss)			9,966,031						(1,744,717)						(4,515,367)						3,705,947
Interest expense			69,107						—						707,958						777,065
Income (loss) from operations before taxes			9,938,081						(1,737,416)						(5,220,625)						2,980,040
Total assets			104,905,403						13,994,013						202,939						119,102,355
Capital expenditures			1,141,554						885,646						—						2,027,200

X

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

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