| Sep'19 | Sep'18 | Sep'17 | Sep'16 | Sep'15 | Sep'14 | Sep'13 | Sep'12 | Sep'11 | Sep'10 |
|---|---|---|---|---|---|---|---|---|---|
CASH FLOWS FROM OPERATING ACTIVITIES: | |||||||||
Net income | |||||||||
3,202 | 3,614 | 2,949 | 5,980 | - | - | - | - | - | - |
Net income | |||||||||
- | - | - | - | 6,361 | 4,959 | 5,858 | 7,367 | 8,064 | 8,965 |
Adjustments to reconcile net income from operations to net cash flows from (used in) operating activities: | |||||||||
Depreciation | |||||||||
2,575 | 2,238 | 1,784 | 1,831 | 1,899 | 2,021 | 2,047 | 2,017 | 1,850 | 1,459 |
Amortization | |||||||||
41 | 79 | 265 | 331 | 365 | 365 | 365 | 374 | 384 | 277 |
Impairment charges | |||||||||
2,873 | 1,912 | - | - | - | - | - | - | - | - |
Loss (Gain) on sales of property and equipment | |||||||||
13 | 4 | 31 | 58 | -76 | 59 | 56 | 36 | 45 | 32 |
Equity-based compensation | |||||||||
1,299 | 1,271 | 1,394 | 1,403 | 1,224 | 1,406 | 1,303 | 1,426 | 1,851 | 486 |
Net excess tax benefit on equity-based awards | |||||||||
- | - | - | - | 320 | - | - | - | 139 | 141 |
Deferred income taxes | |||||||||
40 | -553 | -243 | 437 | 264 | 382 | -221 | 681 | 1,865 | -385 |
Provision for losses on doubtful accounts | |||||||||
21 | 90 | 98 | -199 | - | - | - | - | -437 | 686 |
Provision (recovery) for losses on doubtful accounts | |||||||||
- | - | - | - | 82 | - | - | - | - | - |
Inventory allowance | |||||||||
560 | -291 | -101 | -57 | 69 | 317 | - | - | - | - |
Recoveries for losses on doubtful accounts | |||||||||
- | - | - | - | - | - | 55 | 5 | - | - |
Provision for losses on inventory obsolescence | |||||||||
- | - | - | - | - | 44 | -91 | -20 | 114 | -74 |
Other | |||||||||
-3 | -3 | -3 | 4 | 8 | 8 | 93 | 8 | 8 | -75 |
Changes in assets and liabilities: | |||||||||
Accounts receivable | |||||||||
-6,742 | 828 | 755 | -2,032 | -1,338 | 4,586 | -4,353 | -287 | -4,259 | 196 |
Inventories | |||||||||
24,034 | 5,056 | 24,403 | -12,445 | 17,227 | -3,403 | 7,669 | -103 | -1,015 | -1,535 |
Prepaid and other current assets | |||||||||
2,207 | 633 | -4,389 | 6,482 | -2,908 | 32 | -1,474 | 403 | 3,025 | 1,289 |
Other assets | |||||||||
-28 | -8 | 22 | -29 | -130 | -49 | -0 | 20 | 169 | 42 |
Accounts payable | |||||||||
-2,247 | 3,295 | -467 | 976 | 643 | 591 | -1,391 | -1,250 | 1,810 | 1,395 |
Accrued expenses and accrued wages, salaries and bonuses | |||||||||
-262 | 1,563 | 669 | -228 | 1,028 | -238 | 181 | -710 | -1,256 | -857 |
Income taxes receivable | |||||||||
-78 | -816 | 709 | - | - | - | - | - | - | - |
Income taxes payable / receivable | |||||||||
- | - | - | - | -1,396 | -318 | -272 | 94 | -126 | -1,476 |
Income taxes receivable | |||||||||
- | - | - | 51 | - | - | - | - | - | - |
Net cash flows from (used in) operating activities | |||||||||
-11,453 | 5,895 | -13,761 | 18,386 | - | - | - | - | - | - |
Net cash flows from operating activities | |||||||||
- | - | - | - | -2,560 | 7,662 | 5,732 | 9,898 | 16,005 | 10,385 |
CASH FLOWS FROM INVESTING ACTIVITIES: | |||||||||
Purchase of property and equipment | |||||||||
4,438 | 3,226 | 2,565 | 1,594 | 1,018 | 2,796 | 2,113 | 1,480 | 1,988 | 1,920 |
Proceeds from sales of property and equipment | |||||||||
57 | 5 | 46 | 112 | 41 | 192 | 179 | 129 | 94 | 71 |
Net cash flows from (used in) investing activities | |||||||||
-4,381 | -3,220 | -2,519 | -1,482 | - | - | - | - | - | - |
Acquisition | |||||||||
- | - | - | - | - | 996 | - | - | 13,368 | 3,099 |
Net cash flows from investing activities | |||||||||
- | - | - | - | -977 | -3,600 | -1,933 | -1,350 | -15,261 | -4,948 |
CASH FLOWS FROM FINANCING ACTIVITIES: | |||||||||
Borrowings under revolving credit facility | |||||||||
1,427,544 | 1,424,929 | 1,311,967 | 1,303,722 | - | - | - | - | - | - |
Repayments under revolving credit facility | |||||||||
1,402,596 | 1,418,538 | 1,293,467 | 1,314,087 | - | - | - | - | - | - |
Net payments on bank credit agreements | |||||||||
- | - | - | - | 5,820 | 240 | 487 | -6,417 | 1,954 | -4,017 |
Principal payments on long-term debt | |||||||||
1,096 | 541 | 362 | 351 | 341 | 998 | 1,182 | 1,320 | 1,093 | 931 |
Proceeds from exercise of stock options | |||||||||
- | - | - | - | 450 | - | - | 1 | 22 | 131 |
Repurchase of common stock | |||||||||
7,507 | 7,723 | 1,124 | 4,795 | 1,715 | - | - | - | - | - |
Repurchase of common stock | |||||||||
- | - | - | - | - | 2,664 | 2,572 | 918 | - | - |
Net excess tax benefit on equity-based awards | |||||||||
- | - | - | - | 320 | - | - | - | 139 | - |
Net excess tax benefit on equity-based awards | |||||||||
- | - | - | - | - | - | - | - | - | -141 |
Dividends paid on convertible preferred stock | |||||||||
- | - | - | 160 | 195 | 195 | 205 | 269 | 286 | 297 |
Dividends on common stock | |||||||||
636 | 702 | 706 | 654 | 467 | 468 | 469 | 470 | 448 | 416 |
Withholdings on the exercise of equity-based awards | |||||||||
56 | 101 | 107 | 190 | 213 | 150 | 73 | 51 | - | - |
Net change in cash | |||||||||
- | - | - | - | 119 | -175 | -216 | -898 | 1,032 | 46 |
Net cash flows from (used in) financing activities | |||||||||
15,651 | -2,677 | 16,198 | -16,517 | - | - | - | - | - | - |
Net change in cash | |||||||||
-182 | -2 | -82 | - | - | - | - | - | - | - |
Net cash flows from financing activities | |||||||||
- | - | - | - | 3,657 | -4,236 | -4,015 | -9,446 | 288 | -5,389 |
Net change in cash | |||||||||
- | - | - | 385 | - | - | - | - | - | - |
Supplemental disclosure of cash flow information: | |||||||||
Cash paid during the period for interest | |||||||||
1,561 | 1,137 | 819 | 737 | - | - | - | - | - | - |
Cash paid during the period for income taxes | |||||||||
- | - | - | - | - | - | - | - | - | 7,002 |
Cash paid during the period for interest | |||||||||
- | - | - | - | 828 | 946 | 1,115 | 1,393 | 1,419 | 1,506 |
Cash paid during the period for income taxes | |||||||||
1,646 | 2,533 | 2,023 | 3,889 | 5,533 | 3,567 | 4,867 | 4,256 | 4,543 | - |
Supplemental disclosure of non-cash information: | |||||||||
Equipment acquisitions classified in accounts payable | |||||||||
69 | 1 | 101 | 167 | 23 | 34 | 73 | 11 | 10 | 38 |
Purchase of property financed with debt | |||||||||
- | 1,575 | - | - | - | - | - | - | - | - |
Acquisition of assets financed with debt | |||||||||
- | 699 | - | - | - | - | - | - | - | - |
Issuance of common stock in connection with the vesting and exercise of equity-based awards | |||||||||
1,005 | 1,183 | 1,262 | 1,174 | 1,240 | 1,154 | 1,389 | 950 | - | - |
Issuance of common stock in connection with the redemption of Series A & B convertible preferred stock | |||||||||
- | - | - | 2,899 | - | - | 100 | 100 | 450 | - |
Common stock acquired with other consideration | |||||||||
- | - | - | - | - | - | 760 | - | - | - |