v3.22.4
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 3 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Statement of Cash Flows [Abstract]    
Net income (loss) $ 28,754 $ 15,079
Bad debt expense 63 92
Deferred financing cost amortization 65 47
Depreciation and amortization 6,388 6,214
Loss (gain) on sale of assets (13,060) (5)
Non-cash compensation expense 905 900
Deferred income taxes 533 2,195
Accounts receivable 18,142 (8,173)
Inventories (5,113) (5,192)
Costs and estimated earnings in excess of billings 7,562 (9,140)
Prepaid expenses and other current assets (11,766) (5,366)
Other non-current assets 103 (1,564)
Accounts payable and accrued expenses (29,780) (23,169)
Billings in excess of costs and estimated earnings 10,722 3,756
Other non-current liabilities 826 (137)
Net cash provided by operating activities 14,344 (24,463)
Capital expenditures (2,712) (12,339)
Proceeds from sale of assets 19,205 84
Cash paid in conjunction with business combinations (165) (500)
Net cash used in investing activities 16,328 (12,755)
Borrowings of debt 607,974 444,159
Repayments of debt (647,639) (415,937)
Cash paid for finance leases (773) (270)
Distribution to noncontrolling interest (2,348) (1,215)
Purchase of treasury stock (7,489) (4,798)
Net cash used in financing activities (50,275) 21,939
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS (19,603) (15,279)
CASH, CASH EQUIVALENTS, beginning of period   23,105
CASH, CASH EQUIVALENTS, end of period 5,245 7,826
Cash paid for interest 1,001 501
Cash paid for income taxes (net) $ 63 $ 9