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
 3 Months Ended
Dec. 31, 2022
Jan. 01, 2022
Operating Activities    
Net loss $ (30,259) $ (14,451)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 8,503 9,241
Equity-based compensation 2,993 2,751
Amortization of deferred financing costs and debt discounts 502 496
Provision for doubtful accounts 10 249
Deferred income taxes 1,944 1,407
Loss on disposition of assets 6 17
Changes in operating assets and liabilities:    
Accounts and other receivables (1,090) (742)
Inventories (64,770) (43,723)
Prepaid expenses and other current assets (6,429) (17,593)
Other assets (3,601) (2,741)
Accounts payable and accrued expenses (80,809) (48,528)
Income taxes payable (12,031) (6,534)
Operating lease assets and liabilities, net 622 (5,408)
Net cash used in operating activities (184,409) (125,559)
Investing Activities    
Purchases of property and equipment (5,697) (5,402)
Business acquisitions, net of cash acquired (8,540) (5,146)
Proceeds from disposition of fixed assets 488 21
Net cash used in investing activities (13,749) (10,527)
Financing Activities    
Borrowings on Revolving Credit Facility 91,000 0
Repayment of long-term debt (2,025) (2,025)
Proceeds from options exercised 0 100
Repurchase and retirement of common stock 0 (152,146)
Payments of employee tax withholdings related to restricted stock vesting (419) 0
Net cash provided by (used in) financing activities 88,556 (154,071)
Net decrease in cash and cash equivalents (109,602) (290,157)
Cash and cash equivalents, beginning of period 112,293 343,498
Cash and cash equivalents, end of period 2,691 53,341
Supplemental Information:    
Interest 12,593 6,725
Income taxes, net of refunds received $ 1 $ (50)