v3.25.2
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 9 Months Ended
Jun. 30, 2025
Jun. 30, 2024
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ (30,684) $ 34,007
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Depreciation and amortization 36,385 33,087
Deferred income tax (benefit) provision, net of effects of acquisitions (14,778) 2,283
Goodwill impairment 69,055  
Weather expenses 4,748 142
Change in fair value of contingent consideration (25,652) 1,110
(Gain) loss on sale of property and equipment and assets held for sale (744) 14
Proceeds from insurance settlements 117  
Stock-based compensation expense 16,438 17,483
(Increase) decrease in, net of effects of acquisitions —    
Accounts receivable, net (1,953) (19,490)
Inventories (3,447) (63,833)
Prepaid expenses and other assets (2,215) (2,400)
(Decrease) increase in, net of effects of acquisitions —    
Accounts payable (10,171) (26,309)
Contract liabilities (customer deposits) (15,473) (14,939)
Accrued expenses and other liabilities (10,272) 13,967
Net cash provided by (used in) operating activities 11,354 (24,878)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchases of property and equipment (47,414) (43,682)
Cash used in acquisition of businesses, net of cash acquired (10,482) (21,955)
Proceeds from insurance settlements 1,764 531
Issuance of notes receivable (2,811)  
Proceeds from trade name and warranties assumed in asset exchange agreement 6,170  
Proceeds from sale of property and equipment and other assets 10,708 282
Net cash used in investing activities (42,065) (64,824)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Net borrowings on short-term borrowings (Floor Plan) 26,221 162,191
Proceeds from long-term debt 36,540  
Payments of long-term debt (25,325) (25,325)
Contingent acquisition consideration payments (51,127) (3,032)
Net proceeds from issuance of common stock under incentive compensation and employee purchase plans 2,591 2,634
Payments on tax withholdings for equity awards (4,520) (4,198)
Purchase of treasury stock (27,480) (2,141)
Net cash (used in) provided by financing activities (43,100) 130,129
Effect of exchange rate changes on cash 502 541
NET (DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS (73,309) 40,968
CASH AND CASH EQUIVALENTS, beginning of period 224,326 201,456
CASH AND CASH EQUIVALENTS, end of period 151,017 242,424
Cash paid for:    
Interest 58,145 59,872
Income taxes $ 2,013 8,100
Non-cash items:    
Contingent consideration liabilities from acquisitions   1,313
Other current assets held for sale previously classified as property and equipment   $ 7,115