v3.26.1
Note 8 - Property and Equipment
9 Months Ended
Jun. 30, 2026
Notes to Financial Statements  
Property, Plant, and Equipment [Text Block]

8. Property and Equipment

 

The Company had the following property and equipment balances as of June 30, 2026 and September 30, 2025, dollars in thousands:

 

             

As of

 
   

Useful lives

(in years)

   

June 30,

2026

   

September 30,

2025

 

Property and equipment, net – held and used:

                         

Construction in process

    n/a       $ 7,608       3,009  

Land

    n/a         13,426       10,990  

Buildings

  16 40       72,687       65,591  

Land improvements

  1 24       2,906       2,600  

Leasehold and building improvements

  1 25       202,080       192,171  

Fixtures and equipment

  5 7       181,038       173,491  

Computer hardware and software

  7 5       35,639       32,968  
                515,384       480,820  

Less accumulated depreciation and amortization

              (311,448

)

    (298,079

)

Property and equipment, net – held and used

              203,936       182,741  
                           

Property and equipment, net – held for rental:

                         

Land

    n/a         1,143        

Buildings

    30         2,200        
                3,343        

Less accumulated depreciation and amortization

              (282 )      

Property and equipment, net – held for rental

              3,061        

Total property and equipment, net

            $ 206,997       182,741  

 

Depreciation and amortization expense for the three and nine months ended June 30, 2026 and 2025 is summarized as follows, dollars in thousands:

 

   

Three months ended
June 30,

   

Nine months ended
June 30,

 
   

2026

   

2025

   

2026

   

2025

 

Depreciation and amortization expense included in cost of goods sold and occupancy costs

  $ 216       207       653       603  

Depreciation and amortization expense included in store expenses

    7,128       6,909       20,904       21,087  

Depreciation and amortization expense included in administrative expenses

    966       827       2,769       2,091  

Depreciation and amortization expense included in pre-opening expenses

    22       10       130       10  

Total depreciation and amortization expense

  $ 8,332       7,953       24,456       23,791