v3.26.1
Condensed Consolidated Unaudited Statements of Cash Flows - USD ($)
9 Months Ended
Jun. 30, 2026
Jun. 30, 2025
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income (loss) available to common shareholders $ 1,305,049 $ 77,006
Adjustments to reconcile net income (loss) available to common shareholders to net cash flows from (used in) operating activities:    
Depreciation 6,994,896 6,924,921
Amortization 347,778 390,950
Gain on sales of real estate (1,796,723)  
(Gain) loss on sales of property and equipment (94,394) (83,186)
Equity-based compensation 1,646,881 1,913,585
Deferred income taxes (945,931) (1,049,698)
Provision for credit losses 326,000 289,549
Inventory allowance 33,445 (108,194)
Change in fair value of contingent consideration   (1,453,452)
Change in fair value of mandatorily redeemable non-controlling interest 438,240 663,418
Changes in assets and liabilities, net of effects of business combinations:    
Accounts receivable (4,933,503) (8,471,600)
Inventories (368,633) (1,924,234)
Prepaid and other current assets (5,048,896) (1,998,163)
Other assets (356,185) (255,431)
Accounts payable (13,645,498) (7,669,560)
Accrued expenses and accrued wages, salaries and bonuses (1,183,505) (1,068,207)
Other long-term liabilities 244,149 400,606
Income taxes payable and receivable 1,137,826 950,130
Net cash flows from (used in) operating activities (15,899,004) (12,471,560)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchase of property and equipment (11,749,261) (8,238,960)
Proceeds from sales of real estate 5,573,241  
Proceeds from sales of property and equipment 174,533 106,163
Net cash flows from (used in) investing activities (6,001,487) (14,264,324)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Borrowings under revolving credit facilities 2,163,783,506 1,929,823,754
Repayments under revolving credit facilities (2,129,822,112) (1,896,504,987)
Principal payments on long-term debt (4,172,189) (3,938,660)
Dividends on common stock (537,548) (529,279)
Redemption and distributions to non-controlling interest (7,459,135) (1,961,410)
Net cash flows from (used in) financing activities 21,792,522 26,889,418
Net change in cash (107,969) 153,534
Cash, beginning of period 744,613 672,788
Cash, end of period 636,644 826,322
Supplemental disclosure of cash flow information:    
Cash paid during the period for interest, net of amounts capitalized 7,461,969 7,756,278
Cash paid during the period for income taxes, net of refunds 635,980 831,068
Supplemental disclosure of non-cash information:    
Equipment acquisitions classified in accounts payable $ 258,395 42,729
Arrowrock Supply    
CASH FLOWS FROM INVESTING ACTIVITIES:    
Acquisition   (6,131,527)
Burklund    
Adjustments to reconcile net income (loss) available to common shareholders to net cash flows from (used in) operating activities:    
Change in fair value of contingent consideration   $ 1,500,000