Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited)

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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
 6 Months Ended
Apr. 02, 2022
Apr. 03, 2021
Operating Activities    
Net loss $ (21,891) $ (36,709)
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Depreciation and amortization 15,817 12,858
Equity-based compensation 5,535 14,111
Amortization of deferred financing costs and debt discounts 986 1,134
Provision for doubtful accounts 418 64
Deferred income taxes 1,305 (8,711)
Loss (gain) on disposition of assets 118 (1,753)
Loss on debt extinguishment 9,169
Changes in operating assets and liabilities:    
Accounts and other receivables 4,823 (10,316)
Inventories (132,358) (127,814)
Prepaid expenses and other current assets (20,306) (17,095)
Other assets (4,922) (6,150)
Accounts payable and accrued expenses 26,588 64,007
Income taxes payable (6,945) (1,857)
Operating lease assets and liabilities, net (5,925) (2,728)
Net cash used in operating activities (136,757) (111,790)
Investing Activities    
Purchases of property and equipment (14,322) (9,490)
Business acquisitions, net of cash acquired (29,988) (6,040)
Proceeds from disposition of fixed assets 407 2,404
Net cash used in investing activities (43,903) (13,126)
Financing Activities    
Borrowings on revolving credit facility 45,000 0
Repayment of long-term debt (4,050) (392,085)
Issuance of long-term debt 0 907
Payment of deferred financing costs 0 (9,562)
Proceeds from options exercised 329 0
Repurchase and retirement of common stock (152,146)
Proceeds from issuance of common stock upon initial public offering, net 0 458,587
Net cash (used in) provided by financing activities (110,867) 57,847
Net decrease in cash and cash equivalents (291,527) (67,069)
Cash and cash equivalents, beginning of period 343,498 155,801
Cash and cash equivalents, end of period 51,971 88,732
Supplemental Information:    
Interest 13,325 27,081
Income taxes, net of refunds received $ 7,358 $ 3,998