# EDGAR Filing Document

**Accession Number:** 0000928465
**File Stem:** 0001157523-23-000061
**Filing Date:** 2023-1
**Character Count:** 21969
**Document Hash:** 4a7f0f37950bdc5e3a44f68a7d9dea5b
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001157523-23-000061.hdr.sgml**: 20230118

**ACCESSION NUMBER**: 0001157523-23-000061

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 13

**CONFORMED PERIOD OF REPORT**: 20230118

**ITEM INFORMATION**: Results of Operations and Financial Condition

**ITEM INFORMATION**: Financial Statements and Exhibits

**FILED AS OF DATE**: 20230118

**DATE AS OF CHANGE**: 20230118

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** AMCON DISTRIBUTING CO
- **CENTRAL INDEX KEY:** 0000928465
- **STANDARD INDUSTRIAL CLASSIFICATION:** WHOLESALE-GROCERIES & GENERAL LINE [5141]
- **IRS NUMBER:** 470702918
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0930

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-15589
- **FILM NUMBER:** 23534522

**BUSINESS ADDRESS:**
- **STREET 1:** 7405 IRVINGTON ROAD
- **STREET 2:** POST OFFICE BOX 641940 (68164-7940)
- **CITY:** OMAHA
- **STATE:** NE
- **ZIP:** 68122
- **BUSINESS PHONE:** 4023313727

**MAIL ADDRESS:**
- **STREET 1:** 7405 IRVINGTON ROAD
- **STREET 2:** POST OFFICE BOX 641940 (68164-7940)
- **CITY:** OMAHA
- **STATE:** NE
- **ZIP:** 68122

### UNITED STATES

### SECURITIES AND EXCHANGE COMMISSION

#### Washington, D.C. 20549

### FORM 8-K

#### CURRENT REPORT

#### Pursuant to Section 13 OR 15(d) of The Securities Act of 1934

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| |
|:---|
| <u>Date of Report (Date of earliest event reported) **January 18, 2023**</u> |
| **<u>AMCON DISTRIBUTING COMPANY</u>**<br>|
| (Exact name of registrant as specified in its charter) |

---

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| | | |
|:---|:---|:---|
| **Delaware**<br>| **1-15589**<br>| **47-0702918**<br>|
| (State or other jurisdiction | (Commission | (IRS Employer |
| of incorporation) | File Number) | Identification No.) |

---

---

| |
|:---|
| **<u>7405 Irvington Road, Omaha NE 68122</u>**  |
| (Address of principal executive offices) (Zip Code) |
| <u>Registrant's telephone number, including area code: **402-331-3727**</u> |
| **<u>Not Applicable</u>**  |
| (Former name or former address, if changed since last report) |

---

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFO 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

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| | | |
|:---|:---|:---|
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered |
| Common Stock, $0.01 par value<br>| DIT<br>| NYSE American<br>|

---

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

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| | |
|:---|:---|
| **ITEM 2.02** <br>| **RESULTS OF OPERATIONS AND FINANCIAL CONDITION.** <br>|

---

On January 18, 2023, the Company issued a press release announcing financial results for its first fiscal quarter ended December 31, 2022. A copy of the press release is attached to this report as an exhibit.

The information in this report (including the exhibit) shall not be deemed to be "filed" for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that Section. The information set forth in this report (including the exhibit) shall not be incorporated by reference into any registration statement or other document pursuant to the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in such filing.

---

| | |
|:---|:---|
| **ITEM 9.01**  | **FINANCIAL STATEMENTS AND EXHIBITS** <br>|

---

---

| | |
|:---|:---|
| **EXHIBIT NO.** | **DESCRIPTION** <br>|
| [99.1](a53274243ex99_1.htm)  | [Press release, dated January 18, 2023, issued by AMCON Distributing Company announcing financial results for its first fiscal quarter ended December 31, 2022.](a53274243ex99_1.htm) |
| 104  | Cover Page Interactive Data File (embedded within the Inline XBRL document)  |

---

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SIGNATURE

Pursuant to the requirements of the Securities and Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

---

| | | |
|:---|:---|:---|
|  |  | <u>AMCON DISTRIBUTING COMPANY</u> <br>|
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Registrant) <br>|
| Date: January 18, 2023 <br>| /s/ Charles J. Schmaderer  | /s/ Charles J. Schmaderer  |
|  | Name: <br>| Charles J. Schmaderer <br>|
|  | Title: <br>| Vice President, Chief Financial Officer and Secretary <br>|

---

## Exhibit 99.1

**Exhibit 99.1**<br>

**** 

<br> **** 

<br> # **AMCON Distributing Company Reports Results for the Quarter Ended December 31, 2022** 
OMAHA, Neb.--(BUSINESS WIRE)--January 18, 2023--AMCON Distributing Company ("AMCON" or "Company") (NYSE American: DIT), an Omaha, Nebraska based consumer products company, is pleased to announce fully diluted earnings per share of $4.46 on net income available to common shareholders of $2.6 million for its first fiscal quarter ended December 31, 2022.

"AMCON has a strategic focus on Customer Service and this long-held approach enables our leadership in the Convenience Distribution industry," said Christopher H. Atayan, AMCON's Chairman and Chief Executive Officer. Mr. Atayan further noted, "AMCON continues to seek out acquisition opportunities for convenience and foodservice distributors who want to align with the Company's growing platform and customer centric management philosophy."

The wholesale distribution segment reported revenues of $555.7 million and operating income of $8.2 million for the first quarter of fiscal 2023. The retail health food segment reported revenues of $10.3 million and an operating loss of $0.3 million for the first quarter of fiscal 2023.

"We are proud of the extra efforts our team made to ensure timely delivery to our customers during the severe weather we encountered during the quarter," said Andrew C. Plummer, AMCON's President and Chief Operating Officer. Mr. Plummer further noted, "We are investing heavily in our foodservice and technology platforms and associated staffing for these strategic focus areas. Our customer base is growing, and we continue to search for facilities in, and adjacent to, the geographic markets we serve."

"We are actively managing our working capital position to take advantage of strategic opportunities in the marketplace," said Charles J. Schmaderer, AMCON's Chief Financial Officer. Mr. Schmaderer further noted, "As a core operating principle, we maintain high levels of liquidity and ended the quarter with $94.7 million of consolidated shareholders' equity."

AMCON is a leading convenience distributor of consumer products, including beverages, candy, tobacco, groceries, foodservice, frozen and refrigerated foods, automotive supplies and health and beauty care products servicing approximately 5,400 retail stores through distribution centers in Illinois, Missouri, Nebraska, North Dakota, South Dakota, Tennessee and West Virginia. AMCON, through its *Healthy Edge Retail Group*, also operates nineteen (19) health and natural product retail stores in the Midwest and Florida.

------

 *This news release contains forward-looking statements that are subject to risks and uncertainties and which reflect management's current beliefs and estimates of future economic circumstances, industry conditions, Company performance and financial results. A number of factors could affect the future results of the Company and could cause those results to differ materially from those expressed in the Company's forward-looking statements including, without limitation, availability of sufficient cash resources to conduct its business and meet its capital expenditures needs and the other factors described under Item 1.A. of the Company's Annual Report on Form 10-K. Moreover, past financial performance should not be considered a reliable indicator of future performance. Accordingly, the Company claims the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995 with respect to all such forward-looking statements.*

 **Visit AMCON Distributing Company's web site at: www.amcon.com**

------

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| | | |
|:---|:---|:---|
| **AMCON Distributing Company and Subsidiaries** <br> **Condensed Consolidated Balance Sheets** <br> **December 31, 2022 and September 30, 2022**  | **AMCON Distributing Company and Subsidiaries** <br> **Condensed Consolidated Balance Sheets** <br> **December 31, 2022 and September 30, 2022**  | **AMCON Distributing Company and Subsidiaries** <br> **Condensed Consolidated Balance Sheets** <br> **December 31, 2022 and September 30, 2022**  |
|  | **December**  | **September**  |
|  | **2022**  | **2022**  |
|  | **(Unaudited)**  |  |
| **ASSETS**  |  |  |
| Current assets:  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Cash  | $452142  | $431576  |
| &nbsp;&nbsp;&nbsp;&nbsp; Accounts receivable, less allowance for doubtful accounts of $2.0 million at December 2022 and $2.5 million September 2022  | 54482938  | 62367888  |
| &nbsp;&nbsp;&nbsp;&nbsp; Inventories, net  | 185213063  | 134654637  |
| &nbsp;&nbsp;&nbsp;&nbsp; Income taxes receivable  | 660617  | 819595  |
| &nbsp;&nbsp;&nbsp;&nbsp; Prepaid expenses and other current assets  | 12656974  | 12702084  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total current assets  | 253465734  | 210975780  |
| Property and equipment, net  | 48449099  | 48085520  |
| Operating lease right-of-use assets, net  | 19078842  | 19941009  |
| Goodwill  | 5277950  | 5277950  |
| Other intangible assets, net  | 2050580  | 2093113  |
| Other assets  | 2551744  | 2751155  |
| Total assets  | $330873949  | $289124527  |
| **LIABILITIES AND SHAREHOLDERS' EQUITY**  |  |  |
| Current liabilities:  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Accounts payable  | $33296105  | $39962363  |
| &nbsp;&nbsp;&nbsp;&nbsp; Accrued expenses  | 14658185  | 14446210  |
| &nbsp;&nbsp;&nbsp;&nbsp; Accrued wages, salaries and bonuses  | 3794970  | 7811207  |
| &nbsp;&nbsp;&nbsp;&nbsp; Current operating lease liabilities  | 6426103  | 6454473  |
| &nbsp;&nbsp;&nbsp;&nbsp; Current maturities of long-term debt  | 1554653  | 1595309  |
| &nbsp;&nbsp;&nbsp;&nbsp; Current mandatorily redeemable non-controlling interest  | 1755611  | 1712095  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total current liabilities  | 61485627  | 71981657  |
| Credit facilities  | 141488518  | 91262438  |
| Deferred income tax liability, net  | 3474410  | 2328588  |
| Long-term operating lease liabilities  | 12989955  | 13787721  |
| Long-term debt, less current maturities  | 7222520  | 7384260  |
| Mandatorily redeemable non-controlling interest, less current portion  | 9348028  | 9446460  |
| Other long-term liabilities  | 152889  | 103968  |
| Shareholders' equity:  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Preferred stock, $.01 par value, 1,000,000 shares authorized  | —  | —  |
| &nbsp;&nbsp;&nbsp;&nbsp; Common stock, $.01 par value, 3,000,000 shares authorized, 611,052 shares outstanding at December 2022 and 584,789 shares outstanding at September 2022  | 9431  | 9168  |
| &nbsp;&nbsp;&nbsp;&nbsp; Additional paid-in capital  | 29357154  | 26903201  |
| &nbsp;&nbsp;&nbsp;&nbsp; Retained earnings  | 96212704  | 96784353  |
| &nbsp;&nbsp;&nbsp;&nbsp; Treasury stock at cost  | (30867287 )  | (30867287 )  |
| &nbsp;&nbsp;&nbsp;&nbsp; Total shareholders' equity  | 94712002  | 92829435  |
| Total liabilities and shareholders' equity  | $330873949  | $289124527  |

---

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| | | |
|:---|:---|:---|
| **AMCON Distributing Company and Subsidiaries** **Condensed Consolidated Unaudited Statements of Operations** <br> **for the three months ended December 31, 2022 and 2021**  | **AMCON Distributing Company and Subsidiaries** **Condensed Consolidated Unaudited Statements of Operations** <br> **for the three months ended December 31, 2022 and 2021**  | **AMCON Distributing Company and Subsidiaries** **Condensed Consolidated Unaudited Statements of Operations** <br> **for the three months ended December 31, 2022 and 2021**  |
|  | **For the three months ended December**  | **For the three months ended December**  |
|  | **2022**  | **2021**  |
| Sales (including excise taxes of $130.3 million and $97.1 million, respectively)  | $565989507  | $422571278  |
| Cost of sales  | 531019924  | 395638615  |
| Gross profit  | 34969583  | 26932663  |
| Selling, general and administrative expenses  | 28379186  | 22390740  |
| Depreciation and amortization  | 1070886  | 784245  |
|  | 29450072  | 23174985  |
| Operating income  | 5519511  | 3757678  |
| Other expense (income):  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Interest expense  | 1694158  | 322097  |
| &nbsp;&nbsp;&nbsp;&nbsp; Change in fair value of mandatorily redeemable non-controlling interest  | (54916 ) | —  |
| &nbsp;&nbsp;&nbsp;&nbsp; Other (income), net  | (53532 )  | (40109 )  |
|  | 1585710  | 281988  |
| Income from operations before income taxes  | 3933801  | 3475690  |
| Income tax expense  | 1304800  | 1245000  |
| Equity method investment earnings, net of tax  | —  | 770365  |
| Net income available to common shareholders  | $2629001  | $3001055  |
| &nbsp;&nbsp;&nbsp;&nbsp; Basic earnings per share available to common shareholders  | $4.52  | $5.33  |
| &nbsp;&nbsp;&nbsp;&nbsp; Diluted earnings per share available to common shareholders  | $4.46  | $5.18  |
| &nbsp;&nbsp;&nbsp;&nbsp; Basic weighted average shares outstanding  | 581612  | 563546  |
| &nbsp;&nbsp;&nbsp;&nbsp; Diluted weighted average shares outstanding  | 589881  | 578964  |
| &nbsp;&nbsp;&nbsp;&nbsp; Dividends paid per common share  | $0.18  | $5.18  |

---

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| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **AMCON Distributing Company and Subsidiaries** **Condensed Consolidated Unaudited Statements of Shareholders' Equity** <br> **for the three months ended December 31, 2022 and 2021**  | **AMCON Distributing Company and Subsidiaries** **Condensed Consolidated Unaudited Statements of Shareholders' Equity** <br> **for the three months ended December 31, 2022 and 2021**  | **AMCON Distributing Company and Subsidiaries** **Condensed Consolidated Unaudited Statements of Shareholders' Equity** <br> **for the three months ended December 31, 2022 and 2021**  | **AMCON Distributing Company and Subsidiaries** **Condensed Consolidated Unaudited Statements of Shareholders' Equity** <br> **for the three months ended December 31, 2022 and 2021**  | **AMCON Distributing Company and Subsidiaries** **Condensed Consolidated Unaudited Statements of Shareholders' Equity** <br> **for the three months ended December 31, 2022 and 2021**  | **AMCON Distributing Company and Subsidiaries** **Condensed Consolidated Unaudited Statements of Shareholders' Equity** <br> **for the three months ended December 31, 2022 and 2021**  | **AMCON Distributing Company and Subsidiaries** **Condensed Consolidated Unaudited Statements of Shareholders' Equity** <br> **for the three months ended December 31, 2022 and 2021**  | **AMCON Distributing Company and Subsidiaries** **Condensed Consolidated Unaudited Statements of Shareholders' Equity** <br> **for the three months ended December 31, 2022 and 2021**  |
|  |  |  |  |  | **Additional**  |  |  |
|  | **Common Stock**  | **Common Stock**  | **Treasury Stock**  | **Treasury Stock**  | **Paid-in**  | **Retained**  |  |
|  | **Shares**  | **Amount**  | **Shares**  | **Amount**  | **Capital**  | **Earnings**  | **Total**  |
| **THREE MONTHS ENDED DECEMBER 2021**  |  |  |  |  |  |  |  |
| Balance, October 1, 2021  | 883589  | $8834  | (332220 ) | $(30867287 ) | $24918781  | $83552298  | $77612626  |
| Dividends on common stock, $5.18 per share  | —  | —  | —  | —  | —  | (3114775 ) | (3114775 ) |
| Compensation expense and settlement of equity-based awards  | 31420  | 314  | —  | —  | 2080954  | —  | 2081268  |
| Net income available to common shareholders  | —  | —  | —  | —  | —  | 3001055  | 3001055  |
| Balance, December 31, 2021  | 915009  | $9148  | (332220 )  | $(30867287 )  | $26999735  | $83438578  | $79580174  |
| **THREE MONTHS ENDED DECEMBER 2022**  |  |  |  |  |  |  |  |
| Balance, October 1, 2022  | 917009  | $9168  | (332220 ) | $(30867287 ) | $26903201  | $96784353  | $92829435  |
| Dividends on common stock, $5.18 per share  | —  | —  | —  | —  | —  | (3200650 ) | (3200650 ) |
| Compensation expense and settlement of equity-based awards  | 26263  | 263  | —  | —  | 2453953  | —  | 2454216  |
| Net income available to common shareholders  | —  | —  | —  | —  | —  | 2629001  | 2629001  |
| Balance, December 31, 2022  | 943272  | $9431  | (332220 )  | $(30867287 )  | $29357154  | $96212704  | $94712002  |

---

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| | | |
|:---|:---|:---|
| **AMCON Distributing Company and Subsidiaries** **Condensed Consolidated Unaudited Statements of Cash Flows** <br> **for the three months ended December 31, 2022 and 2021**  | **AMCON Distributing Company and Subsidiaries** **Condensed Consolidated Unaudited Statements of Cash Flows** <br> **for the three months ended December 31, 2022 and 2021**  | **AMCON Distributing Company and Subsidiaries** **Condensed Consolidated Unaudited Statements of Cash Flows** <br> **for the three months ended December 31, 2022 and 2021**  |
|  | **December**  | **December**  |
|  | **2022**  | **2021**  |
| CASH FLOWS FROM OPERATING ACTIVITIES:  |  |  |
| Net income available to common shareholders  | $2629001  | $3001055  |
| Adjustments to reconcile net income available to common shareholders to net cash flows from (used in) operating activities:  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Depreciation  | 1028353  | 784245  |
| &nbsp;&nbsp;&nbsp;&nbsp; Amortization  | 42533  | —  |
| &nbsp;&nbsp;&nbsp;&nbsp; Equity method investment earnings, net of tax  | —  | (770365 ) |
| &nbsp;&nbsp;&nbsp;&nbsp; (Gain) loss on sales of property and equipment  | (36000 ) | (31000 ) |
| &nbsp;&nbsp;&nbsp;&nbsp; Equity-based compensation  | 390570  | 710056  |
| &nbsp;&nbsp;&nbsp;&nbsp; Deferred income taxes  | 1145822  | 1173648  |
| &nbsp;&nbsp;&nbsp;&nbsp; Provision for losses on doubtful accounts  | (496332 ) | (102000 ) |
| &nbsp;&nbsp;&nbsp;&nbsp; Inventory allowance  | 141087  | 99304  |
| &nbsp;&nbsp;&nbsp;&nbsp; Change in fair value of mandatorily redeemable non-controlling interest  | (54916 ) | —  |
| Changes in assets and liabilities:  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Accounts receivable  | 8381282  | 5084916  |
| &nbsp;&nbsp;&nbsp;&nbsp; Inventories  | (50699513 ) | (2629537 ) |
| &nbsp;&nbsp;&nbsp;&nbsp; Prepaid and other current assets  | 45110  | (6573 ) |
| &nbsp;&nbsp;&nbsp;&nbsp; Other assets  | 199411  | 22184  |
| &nbsp;&nbsp;&nbsp;&nbsp; Accounts payable  | (6602785 ) | (5750609 ) |
| &nbsp;&nbsp;&nbsp;&nbsp; Accrued expenses and accrued wages, salaries and bonuses  | (4794015 ) | (1519848 ) |
| &nbsp;&nbsp;&nbsp;&nbsp; Other long-term liabilities  | 48921  | (743776 ) |
| &nbsp;&nbsp;&nbsp;&nbsp; Income taxes payable and receivable  | 158978  | 71352  |
| Net cash flows from (used in) operating activities  | (48472493 )  | (606948 )  |
| CASH FLOWS FROM INVESTING ACTIVITIES:  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Purchase of property and equipment  | (1455405 ) | (333084 ) |
| &nbsp;&nbsp;&nbsp;&nbsp; Proceeds from sales of property and equipment  | 36000  | 31000  |
| &nbsp;&nbsp;&nbsp;&nbsp; Principal payment received on note receivable  | —  | 175000  |
| Net cash flows from (used in) investing activities  | (1419405 )  | (127084 )  |
| CASH FLOWS FROM FINANCING ACTIVITIES:  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Borrowings under revolving credit facilities  | 639488133  | 439039482  |
| &nbsp;&nbsp;&nbsp;&nbsp; Repayments under revolving credit facilities  | (589262053 ) | (434242609 ) |
| &nbsp;&nbsp;&nbsp;&nbsp; Principal payments on long-term debt  | (202396 ) | (138284 ) |
| &nbsp;&nbsp;&nbsp;&nbsp; Dividends on common stock  | (111220 ) | (3114775 ) |
| &nbsp;&nbsp;&nbsp;&nbsp; Settlement and withholdings of equity-based awards  | —  | (488412 )  |
| Net cash flows from (used in) financing activities  | 49912464  | 1055402  |
| Net change in cash  | 20566  | 321370  |
| Cash, beginning of period  | 431576  | 519591  |
| Cash, end of period  | $452142  | $840961  |
| Supplemental disclosure of cash flow information:  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Cash paid during the period for interest  | $1458843  | $333941  |
| Supplemental disclosure of non-cash information:  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Equipment acquisitions classified in accounts payable  | $28183  | $16591  |
| &nbsp;&nbsp;&nbsp;&nbsp; Dividends declared, not paid  | 3089430  | —  |
| &nbsp;&nbsp;&nbsp;&nbsp; Issuance of common stock in connection with the vesting and exercise of equity-based awards  | 2044805  | 2280783  |

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## Contacts
 *For Further Information Contact:* <br> Christopher H. Atayan <br> AMCON Distributing Company <br> Ph 402-331-3727