XML 57 R43.htm IDEA: XBRL DOCUMENT
v3.24.4

Related Party Seller Notes (Tables) | 12 Months Ended
--- | ---
Sep. 30, 2024
Debt Disclosure [Abstract] |
Schedule of Long-term Debt | Long-term debt as of September 30, 2024 and 2023 consisted of the following (in $000’s):
| September 30, 2024 |  | September 30, 2023
Revolver loans | $ | 60,199 |  |  | $ | 56,779 |
Equipment loans | 13,346 |  |  | 15,486 |
Term loans | 10,465 |  |  | 14,290 |
Other long-term debt | 15,227 |  |  | 15,789 |
Total long-term debt | 99,237 |  |  | 102,344 |
Less: unamortized debt issuance costs | (427) |  |  | (557) |
Net amount | 98,810 |  |  | 101,787 |
Less: current portion | (43,816) |  |  | (23,077) |
Total long-term debt, net of current portion | $ | 54,994 |  |  | $ | 78,710 |
Seller notes as of September 30, 2024 and 2023 consisted of the following (in $000’s):
| September 30, 2024 |  | September 30, 2023
Seller of Flooring Liquidators, 8.24% interest rate, matures January 2028 | $ | 34,000 |  |  | $ | 34,000 |
Seller of PMW, 8.0% interest rate, matures July 2028 | 2,500 |  |  | 2,500 |
Seller of Kinetic, 7.0% interest rate, matures September 2027 | 3,000 |  |  | 3,000 |
Seller of Central Steel, 8.0% interest rate, matures May 2029 | 1,100 |  |  | — |
Total Seller notes payable - related parties | 40,600 |  |  | 39,500 |
Unamortized debt premium (discount) | 2,261 |  |  | (502) |
Net amount | 42,861 |  |  | 38,998 |
Less current portion | (2,500) |  |  | — |
Long-term portion of Seller notes - related parties | $ | 40,361 |  |  | $ | 38,998 |
Schedule of Future Maturities of Long-term Debt | Future maturities of long-term debt at September 30, 2024 are as follows excluding related party debt (in $000’s):
Years ending September 30, |
2025 | $ | 43,816 |
2026 | 15,012 |
2027 | 28,122 |
2028 | 1,362 |
2029 | 1,229 |
Thereafter | 9,269 |
Total | $ | 98,810 |
Future maturities of seller notes at September 30, 2024 are as follows (in $000’s):
Years ending September 30, |
2025 | $ | 2,500 |
2027 | 3,000 |
2028 | 36,261 |
2029 | 1,100 |
Total | $ | 42,861 |

X
- References No definition available. + Details
Name: | us-gaap_DebtDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of information pertaining to short-term and long-debt instruments or arrangements, including but not limited to identification of terms, features, collateral requirements and other information necessary to a fair presentation. + References No definition available. + Details
Name: | us-gaap_ScheduleOfDebtTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of maturity and sinking fund requirement for long-term debt. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 1 -SubTopic 10 -Topic 470 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481544/470-10-50-1 + Details
Name: | us-gaap_ScheduleOfMaturitiesOfLongTermDebtTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration