Natural Grocers by Vitamin Cottage (NGVC) 10-K 9 Dec 21 2021 FY Annual report Financial data

Document And Entity Information

Document And Entity Information - USD ($)	12 Months Ended
	Sep. 30, 2021	Dec. 06, 2021	Mar. 31, 2021
Document Information [Line Items]
Entity Central Index Key	0001547459
Entity Registrant Name	Natural Grocers by Vitamin Cottage, Inc.
Amendment Flag	false
Current Fiscal Year End Date	--09-30
Document Fiscal Period Focus	FY
Document Fiscal Year Focus	2021
Document Type	10-K
Document Annual Report	true
Document Period End Date	Sep. 30, 2021
Document Transition Report	false
Entity File Number	001-35608
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	45-5034161
Entity Address, Address Line One	12612 West Alameda Parkway
Entity Address, City or Town	Lakewood
Entity Address, State or Province	CO
Entity Address, Postal Zip Code	80228
City Area Code	303
Local Phone Number	986-4600
Title of 12(b) Security	Common Stock, $0.001 par value
Trading Symbol	NGVC
Security Exchange Name	NYSE
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Public Float			$ 169,112,362
Entity Common Stock, Shares Outstanding		22,643,890
ICFR Auditor Attestation Flag	true

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Sep. 30, 2021	Sep. 30, 2020
Current assets:
Cash and cash equivalents	$ 23,678	$ 28,534
Accounts receivable, net	8,489	8,519
Merchandise inventory	100,546	100,175
Prepaid expenses and other current assets	2,914	6,185
Total current assets	135,627	143,413
Property and equipment, net	151,399	147,929
Other assets:
Operating lease assets, net	316,388	339,239
Finance lease assets, net	39,367	40,096
Deposits and other assets	530	616
Goodwill and other intangible assets, net	11,768	10,499
Total other assets	368,053	390,450
Total assets	655,079	681,792
Current liabilities:
Accounts payable	68,949	69,163
Accrued expenses	26,589	24,995
Term loan facility, current portion	1,750	0
Operating lease obligations, current portion	33,308	32,156
Finance lease obligations, current portion	3,176	2,836
Total current liabilities	133,772	129,150
Long-term liabilities:
Term loan facility, net of current portion	21,938	0
Operating lease obligations, net of current portion	301,895	325,641
Finance lease obligations, net of current portion	39,450	39,506
Deferred income tax liabilities, net	15,293	14,429
Total long-term liabilities	378,576	379,576
Total liabilities	512,348	508,726
Commitments (Notes 11 and 18)
Stockholders’ equity:
Common stock, $0.001 par value. 50,000,000 shares authorized, 22,620,417 and 22,546,765 shares issued at 2021 and 2020, respectively	23	23
Additional paid-in capital	57,289	56,752
Retained earnings	85,419	116,291
Total stockholders’ equity	142,731	173,066
Total liabilities and stockholders’ equity	$ 655,079	$ 681,792

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parentheticals) - $ / shares	Sep. 30, 2021	Sep. 30, 2020
Common stock, par value (in dollars per share)	$ 0.001	$ 0.001
Common stock, shares authorized (in shares)	50,000,000	50,000,000
Common stock, shares issued (in shares)	22,620,417	22,546,765
Common stock, shares outstanding (in shares)	22,620,417	22,546,765

Consolidated Statements of Inco

Consolidated Statements of Income - USD ($) $ in Thousands	12 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2019
Net sales	$ 1,055,516	$ 1,036,842	$ 903,582
Cost of goods sold and occupancy costs	763,328	753,701	664,829
Gross profit	292,188	283,141	238,753
Store expenses	234,586	227,069	197,792
Administrative expenses	28,355	26,780	22,837
Pre-opening expenses	920	1,543	1,358
Operating income	28,327	27,749	16,766
Interest expense, net	(2,271)	(2,048)	(4,952)
Income before income taxes	26,056	25,701	11,814
Provision for income taxes	(5,475)	(5,692)	(2,398)
Net income	$ 20,581	$ 20,009	$ 9,416
Net income per share of common stock:
Basic (in dollars per share)	$ 0.91	$ 0.89	$ 0.42
Diluted (in dollars per share)	$ 0.91	$ 0.89	$ 0.42
Weighted average number of shares of common stock outstanding:
Basic (in shares)	22,591,816	22,501,779	22,424,328
Diluted (in shares)	22,711,003	22,577,646	22,554,603

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	12 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2019
Operating activities:
Net income	$ 20,581	$ 20,009	$ 9,416
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	29,633	31,193	28,977
Impairment of long-lived assets and store closing costs	1,155	612	380
Loss (gain) on disposal of property and equipment	209	(42)	(131)
Share-based compensation	877	1,129	1,185
Deferred income tax expense	864	3,742	3,973
Non-cash interest expense	24	12	13
Changes in operating assets and liabilities
Accounts receivable, net	30	(3,418)	(315)
Income tax receivable	3,004	2,350	(5,174)
Merchandise inventory	(371)	(3,996)	(1,951)
Prepaid expenses and other assets	(141)	(762)	42
Operating lease asset	31,090	30,206	0
Operating lease liability	(32,030)	(30,569)	0
Accounts payable	(2,639)	10,103	1,024
Accrued expenses	1,594	5,934	1,211
Deferred compensation	0	0	(688)
Deferred rent and leasehold incentives	0	0	(580)
Net cash provided by operating activities	53,880	66,503	37,382
Investing activities:
Acquisition of property and equipment	(26,350)	(26,752)	(30,030)
Acquisition of other intangibles	(1,937)	(2,832)	(2,703)
Proceeds from sale of property and equipment	89	0	836
Proceeds from property insurance settlements	443	27	32
Net cash used in investing activities	(27,755)	(29,557)	(31,865)
Financing activities:
Borrowings under revolving facility	65,900	236,100	405,900
Repayments under revolving facility	(65,900)	(241,792)	(413,400)
Borrowings under term loan facility	35,000	0	0
Repayments under term loan facility	(11,313)	0	0
Capital and financing lease obligations payments	0	0	(780)
Finance lease obligation payments	(2,823)	(2,271)	0
Dividends to shareholders	(51,453)	(6,301)	0
Loan fees paid	(52)	(25)	0
Payments on withholding tax for restricted stock unit vesting	(340)	(337)	(421)
Net cash used in financing activities	(30,981)	(14,626)	(8,701)
Net (decrease) increase in cash and cash equivalents	(4,856)	22,320	(3,184)
Cash and cash equivalents, beginning of year	28,534	6,214	9,398
Cash and cash equivalents, end of year	23,678	28,534	6,214
Supplemental disclosures of cash flow information:
Cash paid for interest	370	354	787
Cash paid for interest on finance or capital and financing lease obligations, net of capitalized interest of $194, $102 and $268, respectively	1,782	1,690	4,148
Income taxes paid	6,747	3,305	4,734
Deferred compensation paid	0	0	700
Supplemental disclosures of non-cash investing and financing activities:
Acquisition of property and equipment not yet paid	4,770	2,407	6,289
Acquisition of other intangibles not yet paid	319	255	476
Proceeds from sale of property and equipment not yet received	0	42	6
Property acquired through capital and capital financing lease obligations	0	0	12,156
Property acquired through operating lease obligations	9,216	13,204	0
Property acquired through finance lease obligations	$ 3,025	$ 11,625	$ 0

Consolidated Statements of Ca_2

Consolidated Statements of Cash Flows (Parentheticals) - USD ($) $ in Thousands	12 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2019
Capitalized interest	$ 194	$ 102	$ 268

Consolidated Statements of Chan

Consolidated Statements of Changes in Stockholders' Equity - USD ($) $ in Thousands	Common Stock Outstanding [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	Treasury Stock [Member]	Total
Balance (in shares) at Sep. 30, 2018	22,373,382
Balance at Sep. 30, 2018	$ 23	$ 56,236	$ 91,507	$ (1,040)	$ 146,726
Net income	$ 0	0	9,416	0	9,416
Share-based compensation (in shares)	89,675
Share-based compensation	$ 0	83	0	681	764
Balance (in shares) at Sep. 30, 2019	22,463,057
Balance at Sep. 30, 2019	$ 23	56,319	100,923	(359)	156,906
Net income	$ 0	0	20,009	0	20,009
Share-based compensation (in shares)	47,222
Share-based compensation	$ 0	433	0	359	792
Issuance of common stock (in shares)	36,486
Issuance of common stock	$ 0	0	0	0	0
Topic 842 transition impact	0	0	1,660	0	1,660
Cash dividends	$ 0	0	(6,301)	0	(6,301)
Balance (in shares) at Sep. 30, 2020	22,546,765
Balance at Sep. 30, 2020	$ 23	56,752	116,291	0	173,066
Net income	0	0	20,581	0	20,581
Share-based compensation	$ 0	537	0	0	537
Issuance of common stock (in shares)	73,652
Issuance of common stock	$ 0	0	0	0	0
Cash dividends	$ 0	0	(51,453)	0	(51,453)
Balance (in shares) at Sep. 30, 2021	22,620,417
Balance at Sep. 30, 2021	$ 23	$ 57,289	$ 85,419	$ 0	$ 142,731

Note 1 - Organization

Note 1 - Organization	12 Months Ended
	Sep. 30, 2021
Notes to Financial Statements
Nature of Operations [Text Block]	1. Nature of Business Natural Grocers by Vitamin Cottage, Inc. (Natural Grocers or the holding company) and its consolidated subsidiaries (collectively, the Company) operate retail stores that specialize in natural and organic groceries and dietary supplements. The Company operates its retail stores under its trademark Natural Grocers by Vitamin Cottage September 30, 2021, nine eight seven six four three two one September 30, 2021 2020,

Note 2 - Basis of Presentation

Note 2 - Basis of Presentation and Summary of Significant Accounting Policies	12 Months Ended
	Sep. 30, 2021
Notes to Financial Statements
Basis of Presentation and Significant Accounting Policies [Text Block]	2. Principles of Consolidation The accompanying consolidated financial statements include all the accounts of the holding company’s wholly owned subsidiaries, Vitamin Cottage Natural Food Markets, Inc. (the operating company) and Vitamin Cottage Two Ltd. Liability Company ( VC2 Use of Estimates The preparation of financial statements in conformity with generally accepted accounting principles in the United States of America (GAAP) requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting period. Management reviews its estimates on an ongoing basis, including those related to valuation of inventories, useful lives of long-lived assets for depreciation and amortization, impairment of finite-lived intangible, long-lived assets, and goodwill, lease assumptions, allowances for self-insurance reserves, deferred tax assets and liabilities and litigation based on currently available information. Changes in facts and circumstances may Segment Information The Company has one Other Comprehensive Income The Company has no Cash and Cash Equivalents Cash and cash equivalents include currency on hand, demand deposits with banks, money market funds and credit and debit card transactions which typically settle within three 90 Accounts Receivable Accounts receivable consists primarily of receivables from vendors for certain promotional programs, magazine advertising and other miscellaneous receivables and are presented net of any allowances for doubtful accounts. Accounts receivable also includes receivables from Landlords for tenant improvement allowances. Vendor receivable balances are generally presented on a gross basis separate from any related payable due. Allowance for doubtful accounts is calculated based on historical experience and application of the specific identification method. Allowance for doubtful accounts totaled $0.1 September 30, 2021 2020. Concentration of Credit Risk Financial instruments that potentially subject the Company to a concentration of credit risk consist primarily of investments in cash and cash equivalents. The Company’s cash and cash equivalent account balances, which are held in major financial institutions, exceeded the Federal Deposit Insurance Corporation’s federally insured limits by approximately $22.6 million as of September 30, 2021. Vendor Concentration For the years ended September 30, 2021 2020, Merchandise Inventory Merchandise inventory consists of goods held for sale. The cost of inventory includes certain costs associated with the preparation of inventory for sale, including inventory overhead costs. Merchandise inventory is carried at the lower of cost or net realizable value. Cost is determined using the weighted average cost method. Long-Lived Assets Depreciable long-lived assets primarily consist of leasehold and building improvements, which are stated at historical cost less accumulated depreciation. Depreciation is provided using the straight-line method over the useful life of the relevant asset. For land improvements and leasehold and building improvements, depreciation is recorded over the shorter of the assets’ useful lives or the lease terms. Maintenance, repairs and renewals that neither add to the value of the property nor appreciably prolong its life are charged to expense as incurred. Gains and losses on disposition of property and equipment are included in store expenses in the year of disposition, and primarily relate to store relocations. The Company capitalizes interest, if applicable, as part of the historical costs of buildings and leasehold and building improvements. Impairment of Finite-Lived Intangible and Long-Lived Assets We assess our long-lived assets, principally property and equipment, lease right of use assets and purchased intangible assets subject to amortization, for possible impairment whenever events or changes in circumstances indicate the carrying amount of an asset may not not third The Company considers factors such as historic and forecasted operating results, trends and future prospects, current market value, significant industry trends and other economic and regulatory factors in performing these analyses. As of September 30, 2021 2020, 2021, 2020 2019, Goodwill and Intangible Assets Intangible assets primarily consist of goodwill and trademarks. Goodwill and the Vitamin Cottage not The Company’s annual impairment testing of goodwill is performed as of July 1. first not January 2017, 2017 04, 350, 2017 04 September 30, 2020. 2017 04 first two not September 30, 2021, The Company capitalizes certain costs incurred with developing or obtaining internal-use software. Capitalized software costs are included in intangible assets in the consolidated balance sheets and are amortized over the estimated useful lives of the software. Software costs that do not Deferred Financing Costs Certain costs incurred with borrowings or establishment of credit facilities are deferred. These costs are amortized over the life of the credit facility using the straight-line method. Leases The Company leases retail stores, a bulk food repackaging facility and distribution center and administrative offices under long-term operating or finance leases. These leases include scheduled increases in minimum rents and renewal provisions at the option of the Company. The lease term for accounting purposes commences with the date the Company takes possession of the space and ends on the later of the primary lease term or the expiration of any renewal periods that are deemed to be reasonably assured at the inception of the lease. The Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) 2016 02, 842 February 2016 2018 2019 842” 842 12 842, The Company adopted ASC 842 October 1, 2019, first 2020, Operating Leases Operating lease liabilities represent the present value of lease payments not Finance Leases Finance lease liabilities represent the present value of lease payments not not Leases prior to adoption of ASC 842 Operating Leases Prior to the adoption of ASC 842 2020, Capital Financing Leases From time to time, the Company enters into leases with developers for build-to-suit store locations. Upon lease execution, the Company analyzed its involvement during the construction period. may not not Capital Leases Occasionally, the Company entered into leases that were deemed to be capital leases. For these leases, the Company capitalized the lower of the present value of the minimum lease payments or the fair value of the leased asset at inception and recorded a corresponding capital lease obligation. The Company did not Self-Insurance The Company is self-insured for certain losses relating to employee medical and dental benefits and workers compensation. Stop-loss coverage has been purchased to limit exposure to any significant level of claims. Self-insured losses are accrued based upon the Company’s estimates of the aggregate claims incurred but not Revenue Recognition Revenue is recognized at the point of sale, net of in-house coupons, discounts and returns. Sales taxes are not Cost of Goods Sold and Occupancy Costs Cost of goods sold and occupancy costs includes the cost of inventory sold during the period net of discounts and allowances, as well as, distribution, shipping and handling costs, store occupancy costs and costs of the bulk food repackaging facility and distribution center. The amount shown is net of various rebates from third not Store Expenses Store expenses consist of store-level expenses such as salaries, benefits and share-based compensation, supplies, utilities, depreciation, gain or loss on disposal of assets, long-lived asset impairment charges, store closing costs and other related expenses associated with operations support. Store expenses also include purchasing support services and advertising and marketing costs. Administrative Expenses Administrative expenses consist of salaries, benefits and share-based compensation, occupancy costs, depreciation, office supplies, hardware and software expenses, professional services expenses and other general and administrative expenses. Pre-Opening Expenses Costs associated with the opening of new stores or relocating/remodeling existing stores are expensed as incurred. Advertising and Marketing Advertising and marketing costs are expensed as incurred and are included in store expenses and pre-opening expenses in the consolidated statements of income. Total advertising and marketing expenses for the years ended September 30, 2021, 2020 2019 September 30, 2021, 2020 2019, Share-Based Compensation The Company adopted the 2012 July 25, 2012. The excess tax benefits for recognized compensation costs are reported as a credit to income tax expense and as operating cash outflows when such excess tax benefits are realized by a reduction to current taxes payable. Income Taxes The Company accounts for income taxes using the asset and liability method. This method requires recognition of deferred tax assets and liabilities for expected future tax consequences of temporary differences that currently exist between the tax basis and financial reporting basis of the Company’s assets and liabilities. Deferred tax assets and liabilities are measured using enacted tax rates in the respective jurisdictions in which the Company operates. The Company considers the need to establish valuation allowances to reduce deferred income tax assets to the amounts the Company believes are more likely than not The Company recognizes the effect of income tax positions only if those positions are more likely than not 50% Any interest or penalties incurred related to income taxes are expensed as incurred and treated as permanent differences for tax purposes. U.S. Tax Reform On March 27, 2020, 19 As a result of the technical amendments made by the CARES Act to QIP, the Company accelerated tax depreciation expenses of approximately $9.3 million for the year ended September 30, 2019, Recently Adopted Accounting Pronouncements The Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) 2016 02, 842 February 2016 2018 2019 842” 842 12 842, The Company adopted ASC 842 October 1, 2019, first 2020, not not The adoption of ASC 842 October 1, 2019. Additionally, the Company recognized a cumulative effect adjustment, which increased retained earnings by $1.7 million for the year ended September 30, 2020. October 1, 2019, 11 In June 2018, 2018 07, 718, 2018 07 2018 07 718 2018 07 first September 30, 2020, not September 30, 2020. In January 2017, 2017 04, 350, 2017 04 2017 04 first two not 2019 10 2016 13 2017 04 first September 30, 2024. September 30, 2020. 2017 04 not September 30, 2020. In May 2014, 2014 09, 606, 2014 09 2014 09 2014 09’s October 1, 2018, - ASU 2016 09, one - ASU 2016 12, - ASU 2016 20, not one The adoption of ASU 2014 09 not September 30, 2019. Recent Accounting Pronouncements In June 2016, 2016 13, 326, 2016 13 2016 13 2016 13 2019 10, November 2019, 2016 13 2016 13 first September 30, 2024. In December 2019, 2019 12, 740, 2019 12 2019 12 first September 30, 2022 not In March 2020, 2020 04, 848, 2020 04 December 31, 2022. not

Note 3 - Revenue Recognition

Note 3 - Revenue Recognition	12 Months Ended
	Sep. 30, 2021
Notes to Financial Statements
Revenue from Contract with Customer [Text Block]	3. The nature of the goods the Company transfers to customers at the point of sale consists of merchandise purchased for resale. In these transactions, the Company acts as a principal and recognizes revenue (net sales) from the sale of goods when control of the promised goods is transferred to the customer. Control refers to the ability of the customer to direct the use of, and obtain substantially all the remaining benefits from, the transferred goods. The Company’s performance obligations are satisfied upon the transfer of goods to the customer (at the point of sale), and payment from the customer is also due at that time. Transaction prices are considered fixed. Discounts provided to customers at the point of sale are recognized as a reduction in revenue as the goods are sold. Revenue excludes sales and usage-based taxes collected. Proceeds from the sales of the Company’s gift cards are recorded as a liability at the time of sale and recognized as revenue when the gift cards are redeemed by the customer and the performance obligation is satisfied by the Company. As of each September 30, 2021 September 30, 2020, September 30, 2021 September 30, 2020. The following table disaggregates the Company’s revenue by product category for the fiscal years ended September 30, 2021, 2020 2019, Year ended September 30, 2021 2020 2019 Grocery $ 731,894 69 % 720,185 69 619,825 69 Dietary supplements 220,000 21 213,182 21 188,913 21 Body care, pet care and other 103,622 10 103,475 10 94,844 10 $ 1,055,516 100 % 1,036,842 100 903,582 100

Note 4 - Earnings Per Share

Note 4 - Earnings Per Share	12 Months Ended
	Sep. 30, 2021
Notes to Financial Statements
Earnings Per Share [Text Block]	4. Basic earnings per share excludes dilution and is computed by dividing net income by the weighted average number of shares of common stock outstanding during the period. Diluted earnings per share reflects the potential dilution that could occur if the Company’s granted but unvested restricted stock units were to vest, resulting in the issuance of common stock that would then share in the earnings of the Company. The following table presents the Company’s basic and diluted earnings per share for the years ended September 30, 2021, 2020 2019, Year ended September 30, 2021 2020 2019 Net income $ 20,581 20,009 9,416 Weighted average number of shares of common stock outstanding 22,591,816 22,501,779 22,424,328 Effect of dilutive securities 119,187 75,867 130,275 Weighted average number of shares of common stock outstanding including the effect of dilutive securities 22,711,003 22,577,646 22,554,603 Basic earnings per share $ 0.91 0.89 0.42 Diluted earnings per share $ 0.91 0.89 0.42 There were 166,362, 94,497 and 56,510 non-vested restricted stock units for the years ended September 30, 2021, 2020 2019, The Company paid a quarterly cash dividend of $0.07 per share of common stock in each quarter of fiscal year 2021 2020. December 2020. not September 30, 2019. As of September 30, 2021, none

Note 5 - Fair Value Measurement

Note 5 - Fair Value Measurements	12 Months Ended
	Sep. 30, 2021
Notes to Financial Statements
Fair Value Disclosures [Text Block]	5. The Company records its financial assets and liabilities at fair value in accordance with the framework for measuring fair value. The framework establishes a fair value hierarchy that distinguishes between assumptions based on market data (observable inputs) and market participant’s assumptions (unobservable inputs). Non-financial assets, such as goodwill and long-lived assets, are accounted for at fair value on a non-recurring basis. These items are tested for impairment on the occurrence of a triggering event or, in the case of goodwill, at least on an annual basis. During fiscal year 2021, 2020, 2019,

Note 6 - Property and Equipment

Note 6 - Property and Equipment	12 Months Ended
	Sep. 30, 2021
Notes to Financial Statements
Property, Plant and Equipment Disclosure [Text Block]	6. The Company had the following property and equipment balances as of September 30, 2021 2020, Useful lives As of September 30, (in years) 2021 2020 Construction in process n/a $ 2,268 6,717 Land n/a 6,062 1,390 Buildings 16 - 40 34,531 26,732 Land improvements 1 - 24 1,782 1,575 Leasehold and building improvements 1 - 25 159,800 153,438 Fixtures and equipment 5 - 7 145,754 139,965 Computer hardware and software 3 - 5 25,068 23,628 375,265 353,445 Less accumulated depreciation and amortization (223,866 ) (205,516 ) Property and equipment, net $ 151,399 147,929 Total costs capitalized for qualifying construction projects of leasehold and building improvements included $0.5 million and $0.4 million the years ended September 30, 2021 2020, September 30, 2021, 2020, 2019. September 30, 2021, 2020 2019, Depreciation and amortization expense for the years ended September 30, 2021, 2020 2019 Year ended September 30, 2021 2020 2019 Depreciation and amortization expense included in cost of goods sold and occupancy costs $ 873 793 736 Depreciation and amortization expense included in store expenses 27,542 29,225 27,150 Depreciation and amortization expense included in administrative expenses 1,218 1,175 1,091 Total depreciation and amortization expenses $ 29,633 31,193 28,977

Note 7 - Impairment of Long-liv

Note 7 - Impairment of Long-lived Assets	12 Months Ended
	Sep. 30, 2021
Notes to Financial Statements
Asset Impairment Charges [Text Block]	7. Long-lived assets, such as property and equipment, lease right of use assets and purchased intangible assets subject to amortization, are reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount of the assets may not not As of September 30, 2021 2020, fourth 2021 2020, September 30, 2021, 2020 2019, September 30, 2021 2020.

Note 8 - Goodwill and Other Int

Note 8 - Goodwill and Other Intangible Assets	12 Months Ended
	Sep. 30, 2021
Notes to Financial Statements
Goodwill and Intangible Assets Disclosure [Text Block]	8. Goodwill and other intangible assets as of September 30, 2021 2020, Useful lives As of September 30, (in years) 2021 2020 Amortizable intangible assets: Other intangibles 0.5 - 3 $ 3,754 3,634 Less accumulated amortization (3,139 ) (2,378 ) Amortizable intangible assets, net 615 1,256 Other intangibles in process 5,507 3,625 Trademark Indefinite 389 389 Deferred financing costs, net (1) 59 31 Total other intangibles, net 6,570 5,301 Goodwill Indefinite 5,198 5,198 Total goodwill and other intangibles, net $ 11,768 10,499 ( 1 Amortization expense was $0.8, $0.8 and $0.5 million for the years ended September 30, 2021, 2020 2019, Capitalized costs for internal-use software development were $2.0 million and $2.6 million for the years ended September 30, 2021 2020,

Note 9 - Accrued Expenses

Note 9 - Accrued Expenses	12 Months Ended
	Sep. 30, 2021
Notes to Financial Statements
Accounts Payable and Accrued Liabilities Disclosure [Text Block]	9. The composition of accrued expenses as of September 30, 2021 2020, As of September 30, 2021 2020 Payroll and employee-related expenses $ 13,243 13,569 Accrued property, sales and use tax payable 8,322 7,912 Accrued marketing expenses 713 407 Deferred revenue related to gift card sales 2,157 1,819 Other 2,154 1,288 Total accrued expenses $ 26,589 24,995

Note 10 - Long-term Debt

Note 10 - Long-term Debt	12 Months Ended
	Sep. 30, 2021
Notes to Financial Statements
Long-term Debt [Text Block]	10. Credit Facility The Company is a party to a Credit Facility, entered into on January 28, 2016 VC2. November 13, 2024. March 31, 2021 September 30, 2024, may not The Credit Facility requires compliance with certain customary operational and financial covenants, including a leverage ratio. The Credit Facility also contains certain other customary limitations on the Company’s ability to incur additional debt, guarantee other obligations, grant liens on assets and make investments or acquisitions, among other limitations. Additionally, the Credit Facility prohibits the payment of cash dividends to the holding company from the operating company without the administrative agent’s consent, provided that so long as no may not The Company had no amounts outstanding under the Revolving Facility as of September 30, 2021 2020. September 30, 2021. September 30, 2021 September 30, 2020, September 30, 2021 September 30, 2020, On November 13, 2019, November 13, 2024 not November 18, 2020, one no December 31, 2020. Lease Obligations The Company had 20 and 19 leases that were classified as finance leases as of September 30, 2021 2020, No Interest The Company incurred gross interest expense of $2.5 million, $2.2 million and $5.2 million in the years ended September 30, 2021, 2020 2019, September 30, 2021 2020 September 30, 2019 September 30, 2021, 2020 2019,

Note 11 - Lease Commitments

Note 11 - Lease Commitments	12 Months Ended
	Sep. 30, 2021
Notes to Financial Statements
Lessee, Operating and Finance Leases [Text Block]	11. The Company leases most of its stores, a bulk food repackaging facility and distribution center and its administrative offices. The Company determines if an arrangement is a lease or contains a lease at inception. Lease terms generally range from 10 to 25 years, with scheduled increases in minimum rent payments. The FASB issued ASU 2016 02, 842 February 2016 2018 2019 842” 842 12 842, 842 October 1, 2019, first 2020, Operating lease liabilities represent the present value of lease payments not Most leases include one five Variable payments related to pass-through costs for maintenance, taxes and insurance or adjustments based on an index such as Consumer Price Index are not As most of the Company’s lease agreements do not third Leases are recorded at the commencement date (the date the underlying asset becomes available for use) for the present value of lease payments, less tenant improvement allowances received or receivable. Leases with a term of 12 not The Company’s lease agreements do not third 2030. The Company has four operating leases and one finance lease with Chalet Properties, LLC (Chalet), one operating lease with the Isely Family Land Trust LLC (Land Trust) and one operating lease with FTVC, LLC, each of which is a related party (see Note 14 November 1999, July 2040 September 30, 2021, 2020 2019, The components of total lease cost for the year ended September 30, 2021 2020 Year ended September 30, Lease cost Classification 2021 2020 Operating lease cost: Cost of goods sold and occupancy costs $ 42,652 42,634 Store expenses 319 319 Administrative expenses 305 311 Pre-opening expenses 233 154 Finance lease cost: Depreciation of right-of-use assets Store expenses (1) 3,686 3,139 Interest on lease liabilities Interest expense, net (1) 1,953 1,698 Short-term lease cost Store expenses 326 2,016 Variable lease cost Cost of goods sold and occupancy costs (2) 5,611 5,367 Sublease income Store expenses (313 ) (368 ) Total lease cost $ 54,772 55,270 1 not 2 Additional information related to the Company’s leases for the year ended September 30, 2021 2020 Year ended September 30, 2021 2020 Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows from operating leases $ 44,473 44,281 Operating cash flows from finance leases 1,976 1,792 Financing cash flows from finance leases 2,823 2,271 Right-of-use assets obtained in exchange for new lease liabilities: Operating leases 9,216 13,204 Finance leases 3,025 11,625 Additional information related to the Company’s leases as of September 30, 2021 2020 September 30, 2021 2020 Weighted-average remaining lease term (in years): Operating leases 11.1 11.7 Finance leases 11.9 12.5 Weighted-average discount rate: Operating leases 3.6 % 3.6 Finance leases 5.0 % 5.1 In addition, during the year ended September 30, 2020, one Future lease payments under non-cancellable leases as of September 30, 2021 Fiscal Year Operating leases Finance leases Total 2022 $ 44,717 5,080 49,797 2023 43,946 5,176 49,122 2024 42,120 5,242 47,362 2025 40,417 5,252 45,669 2026 37,202 5,295 42,497 Thereafter 201,831 30,157 231,988 Total future undiscounted lease payments 410,233 56,202 466,435 Less imputed interest (75,030 ) (13,576 ) (88,606 ) Total reported lease liability 335,203 42,626 377,829 Less current portion (33,308 ) (3,176 ) (36,484 ) Noncurrent lease liability $ 301,895 39,450 341,345 The table above excludes $28.2 million of legally binding minimum lease payments for leases that had been executed as of September 30, 2021 not Future minimum rental commitments and sublease rental income under the terms of the Company’s operating and finance leases were as follows as of September 30, 2021, Fiscal Year Third parties Related parties Sublease rental income Total leases 2022 $ 48,457 1,341 (353 ) 49,445 2023 47,781 1,341 (343 ) 48,779 2024 46,021 1,341 (275 ) 47,087 2025 44,323 1,346 (274 ) 45,395 2026 41,428 1,069 (273 ) 42,224 Thereafter 229,303 2,684 (339 ) 231,648 Total payments $ 457,313 9,122 (1,857 ) 464,578 Future minimum rental commitments under the terms of the Company’s related party leases include $3.4 million pursuant to a finance lease and $5.7 million pursuant to operating leases as of September 30, 2021. Prior to the Company’s adoption of ASC 842 October 1, 2019, 842, 842. Total rent expense, including common area expenses and warehouse rent, for the years ended September 30, 2021, 2020, 2019 September 30, 2021, 2020 2019,

Note 12 - Share-based Compensat

Note 12 - Share-based Compensation	12 Months Ended
	Sep. 30, 2021
Notes to Financial Statements
Share-based Payment Arrangement [Text Block]	12. The Company adopted the 2012 July 17, 2012. March 2019, five September 30, 2021, not September 30, 2021, no one five not The shares of non-vested restricted stock units as of September 30, 2021 Shares Weighted average grant date fair value Non-vested as of September 30, 2019 316,356 $ 10.18 Granted 124,239 8.93 Forfeited (40,052 ) 10.53 Vested (115,286 ) 11.22 Non-vested as of September 30, 2020 285,257 9.17 Granted 225,660 11.22 Forfeited (22,974 ) 8.87 Vested (99,804 ) 9.18 Non-vested as of September 30, 2021 388,139 10.38 During the year ended September 30, 2021, 40 not Share-based compensation expense for restricted stock unit awards to certain employees who are not September 30, 2021, 2020 2019, one September 30, 2021, 2020 2019, Each independent member of the Board receives an annual grant of restricted stock units equal to $60,000 (based on the closing price of common stock on the New York Stock Exchange on the date of grant). Such grants are made each year on the date of the Company’s annual meeting of stockholders, or on a pro rata basis in the case of a mid-year appointment. Share-based compensation expense for the Company’s awards to its Board members was $0.2 million for each of the years ended September 30, 2021, 2020 2019. The Company recorded total share-based compensation expense before income taxes of $0.9 million, $1.1 million and $1.2 million in the years ended September 30, 2021, 2020 2019, September 30, 2021, not September 30, 2020 2019. As of September 30, 2021, three

Note 13 - Stockholders' Equity

Note 13 - Stockholders' Equity	12 Months Ended
	Sep. 30, 2021
Notes to Financial Statements
Stockholders' Equity Note Disclosure [Text Block]	13. Equity Share Repurchases In May 2016, two may May 31, 2022. may 10b 18 1934, may 10b5 1 not may The Company did not September 30, 2021 2020. may During fiscal year 2021, 2020, September 30, 2021 2020

Note 14 - Related Party Transac

Note 14 - Related Party Transactions	12 Months Ended
	Sep. 30, 2021
Notes to Financial Statements
Related Party Transactions Disclosure [Text Block]	14. The Company has ongoing relationships with related parties as noted: Chalet Properties, LLC: four one 11 four September 30, 2021 2020, September 30, 2019. Isely Family Land Trust LLC: one 11 September 30, 2021, 2020 2019. FTVC LLC: one 11 four $0.1 September 30, 2021, 2020 2019.

Note 15 - Income Taxes

Note 15 - Income Taxes	12 Months Ended
	Sep. 30, 2021
Notes to Financial Statements
Income Tax Disclosure [Text Block]	15. The following are the components of the provision for income taxes as of September 30, 2021, 2020 2019, Year ended September 30, 2021 2020 2019 Current federal income tax expense (benefit) $ 3,859 1,317 (1,981 ) Current state income tax expense 752 633 406 Total current income tax expense (benefit) 4,611 1,950 (1,575 ) Deferred federal income tax expense 836 3,157 3,760 Deferred state income tax expense 28 585 213 Total deferred income tax expense 864 3,742 3,973 Total provision for income taxes $ 5,475 5,692 2,398 The differences between the United States federal statutory income tax rate and the Company’s effective tax rate are as follows: Year ended September 30, 2021 2020 2019 Statutory tax rate 21.0 % 21.0 21.0 State income taxes, net of federal income tax expense 3.6 4.0 3.7 Enhanced food deduction (0.5 ) (0.6 ) (1.3 ) Deferred tax liability adjustment 0.8 (0.3 ) (0.5 ) Other, net (3.9 ) (2.0 ) (2.6 ) Effective tax rate 21.0 % 22.1 20.3 The Company’s effective tax rate was 21.0% in the year ended September 30, 2021 September 30, 2020. September 30, 2019 September 30, 2020 September 30, 2019. September 30, 2020. September 30, 2020, Deferred taxes have been classified on the consolidated balance sheets as follows, dollars in thousands: As of September 30, 2021 2020 Long-term assets $ — — Long-term liabilities (15,293 ) (14,429 ) Net deferred tax liabilities $ (15,293 ) (14,429 ) The tax effects of temporary differences that give rise to significant portions of deferred tax assets and deferred tax liabilities are as follows, dollars in thousands: As of September 30, 2021 2020 Deferred tax assets Goodwill $ 238 475 Trademarks 613 623 Finance lease obligations 10,443 10,453 Operating lease obligations 82,119 87,947 Accrued paid time off 682 771 Other 649 821 Gross deferred tax assets 94,744 101,090 Deferred tax liabilities Property and equipment (20,477 ) (19,929 ) Finance lease assets (9,645 ) (9,855 ) Operating lease assets (77,867 ) (83,508 ) Leasehold improvements (1,652 ) (1,900 ) Subleases — (99 ) Other (396 ) (228 ) Gross deferred tax liabilities (110,037 ) (115,519 ) Net deferred tax liabilities $ (15,293 ) (14,429 ) The Company believes that it is more likely than not The Company did not September 30, 2021. September 30, 2020. September 30, 2021 2020. The Company did not September 30, 2021 2020. The Company files income tax returns with federal, state and local tax authorities. With limited exceptions, the Company is no 2017 no 2016

Note 16 - Defined Contribution

Note 16 - Defined Contribution Plan	12 Months Ended
	Sep. 30, 2021
Notes to Financial Statements
Retirement Benefits [Text Block]	16. The Company has a defined contribution retirement plan (the Retirement Plan) covering substantially all employees who meet certain eligibility requirements as to age and length of service. The Retirement Plan incorporates the salary deferral provisions of Section 401 1986, may may September 30, 2021, December 31, 2021. January 2021, December 31, 2020.

Note 17 - Segment Reporting

Note 17 - Segment Reporting	12 Months Ended
	Sep. 30, 2021
Notes to Financial Statements
Segment Reporting Disclosure [Text Block]	17. The Company has one reporting segment, natural and organic retail stores. The Company’s revenue is derived from the sale of natural and organic products at its stores. All existing operations are domestic.

Note 18 - Commitments and Conti

Note 18 - Commitments and Contingencies	12 Months Ended
	Sep. 30, 2021
Notes to Financial Statements
Commitments and Contingencies Disclosure [Text Block]	18. Self-Insurance The Company is self-insured for certain losses relating to employee medical and dental benefits and workers compensation, subject to a stop loss policy. The self-insurance liability related to claims under the Company’s health benefit plans is determined based on analysis of actual claims. The amounts related to these claims are included as a component of payroll and employee-related expenses in accrued expenses. Liabilities associated with the risks that are retained by the Company are estimated, in part, by considering historical claims experience, demographic factors and other actuarial assumptions. While the Company believes that its assumptions are appropriate, the estimated accrual for these liabilities could be significantly affected if future occurrences and claims materially differ from these assumptions and historical trends. Legal In January 2020, November 2020, September 2021, not may The Company is otherwise periodically involved in various legal proceedings that are incidental to the conduct of its business, including but not may not

Note 19 - Selected Quarterly Fi

Note 19 - Selected Quarterly Financial Data (Unaudited)	12 Months Ended
	Sep. 30, 2021
Notes to Financial Statements
Quarterly Financial Information [Text Block]	19. The summarized unaudited quarterly financial data presented below reflect all adjustments, which in the opinion of management are of a normal and recurring nature, necessary to present fairly the results of operations for the periods presented. Summarized unaudited quarterly financial data for each fiscal year is as follows, dollars in thousands, except per share data: Fiscal Year Ended September 30, 2021 Three months ended December 31, 2020 March 31, 2021 June 30, 2021 September 30, 2021 Net sales $ 265,045 259,198 258,624 272,649 Cost of goods sold and occupancy costs 192,020 187,371 187,082 196,855 Gross profit 73,025 71,827 71,542 75,794 Store expenses 60,330 58,422 57,086 58,748 Administrative expenses 7,304 6,358 7,273 7,420 Pre-opening expenses 189 341 135 255 Operating income 5,202 6,706 7,048 9,371 Interest expense, net (510 ) (603 ) (586 ) (572 ) Income before income taxes 4,692 6,103 6,462 8,799 Provision for income taxes (1,060 ) (1,399 ) (1,430 ) (1,586 ) Net income $ 3,632 4,704 5,032 7,213 Basic earnings per share $ 0.16 0.21 0.22 0.32 Diluted earnings per share $ 0.16 0.21 0.22 0.32 Fiscal Year Ended September 30, 2020 Three months ended December 31, 2019 March 31, 2020 June 30, 2020 September 30, 2020 Net sales $ 230,030 277,524 265,110 264,178 Cost of goods sold and occupancy costs 169,506 199,701 192,729 191,765 Gross profit 60,524 77,823 72,381 72,413 Store expenses 51,427 56,878 58,577 60,187 Administrative expenses 5,819 7,038 6,818 7,105 Pre-opening expenses 430 650 300 163 Operating income 2,848 13,257 6,686 4,958 Interest expense, net (536 ) (516 ) (505 ) (491 ) Income before income taxes 2,312 12,741 6,181 4,467 Provision for income taxes (444 ) (3,023 ) (1,490 ) (735 ) Net income $ 1,868 9,718 4,691 3,732 Basic earnings per share $ 0.08 0.43 0.21 0.17 Diluted earnings per share $ 0.08 0.43 0.21 0.16

Note 20 - Subsequent Events

Note 20 - Subsequent Events	12 Months Ended
	Sep. 30, 2021
Notes to Financial Statements
Subsequent Events [Text Block]	20. On November 18, 2021, December 15, 2021 November 29, 2021

Significant Accounting Policies

Significant Accounting Policies (Policies)	12 Months Ended
	Sep. 30, 2021
Accounting Policies [Abstract]
Consolidation, Policy [Policy Text Block]	Principles of Consolidation The accompanying consolidated financial statements include all the accounts of the holding company’s wholly owned subsidiaries, Vitamin Cottage Natural Food Markets, Inc. (the operating company) and Vitamin Cottage Two Ltd. Liability Company ( VC2
Use of Estimates, Policy [Policy Text Block]	Use of Estimates The preparation of financial statements in conformity with generally accepted accounting principles in the United States of America (GAAP) requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting period. Management reviews its estimates on an ongoing basis, including those related to valuation of inventories, useful lives of long-lived assets for depreciation and amortization, impairment of finite-lived intangible, long-lived assets, and goodwill, lease assumptions, allowances for self-insurance reserves, deferred tax assets and liabilities and litigation based on currently available information. Changes in facts and circumstances may
Segment Reporting, Policy [Policy Text Block]	Segment Information The Company has one
Comprehensive Income, Policy [Policy Text Block]	Other Comprehensive Income The Company has no
Cash and Cash Equivalents, Policy [Policy Text Block]	Cash and Cash Equivalents Cash and cash equivalents include currency on hand, demand deposits with banks, money market funds and credit and debit card transactions which typically settle within three 90
Accounts Receivable [Policy Text Block]	Accounts Receivable Accounts receivable consists primarily of receivables from vendors for certain promotional programs, magazine advertising and other miscellaneous receivables and are presented net of any allowances for doubtful accounts. Accounts receivable also includes receivables from Landlords for tenant improvement allowances. Vendor receivable balances are generally presented on a gross basis separate from any related payable due. Allowance for doubtful accounts is calculated based on historical experience and application of the specific identification method. Allowance for doubtful accounts totaled $0.1 September 30, 2021 2020.
Concentration Risk, Credit Risk, Policy [Policy Text Block]	Concentration of Credit Risk Financial instruments that potentially subject the Company to a concentration of credit risk consist primarily of investments in cash and cash equivalents. The Company’s cash and cash equivalent account balances, which are held in major financial institutions, exceeded the Federal Deposit Insurance Corporation’s federally insured limits by approximately $22.6 million as of September 30, 2021.
Vendor Concentration [Policy Text Block]	Vendor Concentration For the years ended September 30, 2021 2020,
Inventory, Policy [Policy Text Block]	Merchandise Inventory Merchandise inventory consists of goods held for sale. The cost of inventory includes certain costs associated with the preparation of inventory for sale, including inventory overhead costs. Merchandise inventory is carried at the lower of cost or net realizable value. Cost is determined using the weighted average cost method.
Property, Plant and Equipment, Policy [Policy Text Block]	Long-Lived Assets Depreciable long-lived assets primarily consist of leasehold and building improvements, which are stated at historical cost less accumulated depreciation. Depreciation is provided using the straight-line method over the useful life of the relevant asset. For land improvements and leasehold and building improvements, depreciation is recorded over the shorter of the assets’ useful lives or the lease terms. Maintenance, repairs and renewals that neither add to the value of the property nor appreciably prolong its life are charged to expense as incurred. Gains and losses on disposition of property and equipment are included in store expenses in the year of disposition, and primarily relate to store relocations. The Company capitalizes interest, if applicable, as part of the historical costs of buildings and leasehold and building improvements.
Impairment or Disposal of Long-Lived Assets, Including Intangible Assets, Policy [Policy Text Block]	Impairment of Finite-Lived Intangible and Long-Lived Assets We assess our long-lived assets, principally property and equipment, lease right of use assets and purchased intangible assets subject to amortization, for possible impairment whenever events or changes in circumstances indicate the carrying amount of an asset may not not third The Company considers factors such as historic and forecasted operating results, trends and future prospects, current market value, significant industry trends and other economic and regulatory factors in performing these analyses. As of September 30, 2021 2020, 2021, 2020 2019,
Goodwill and Intangible Assets, Policy [Policy Text Block]	Goodwill and Intangible Assets Intangible assets primarily consist of goodwill and trademarks. Goodwill and the Vitamin Cottage not The Company’s annual impairment testing of goodwill is performed as of July 1. first not January 2017, 2017 04, 350, 2017 04 September 30, 2020. 2017 04 first two not September 30, 2021, The Company capitalizes certain costs incurred with developing or obtaining internal-use software. Capitalized software costs are included in intangible assets in the consolidated balance sheets and are amortized over the estimated useful lives of the software. Software costs that do not
Deferred Charges, Policy [Policy Text Block]	Deferred Financing Costs Certain costs incurred with borrowings or establishment of credit facilities are deferred. These costs are amortized over the life of the credit facility using the straight-line method.
Lessee, Leases [Policy Text Block]	Leases The Company leases retail stores, a bulk food repackaging facility and distribution center and administrative offices under long-term operating or finance leases. These leases include scheduled increases in minimum rents and renewal provisions at the option of the Company. The lease term for accounting purposes commences with the date the Company takes possession of the space and ends on the later of the primary lease term or the expiration of any renewal periods that are deemed to be reasonably assured at the inception of the lease. The Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) 2016 02, 842 February 2016 2018 2019 842” 842 12 842, The Company adopted ASC 842 October 1, 2019, first 2020, Operating Leases Operating lease liabilities represent the present value of lease payments not Finance Leases Finance lease liabilities represent the present value of lease payments not not Leases prior to adoption of ASC 842 Operating Leases Prior to the adoption of ASC 842 2020, Capital Financing Leases From time to time, the Company enters into leases with developers for build-to-suit store locations. Upon lease execution, the Company analyzed its involvement during the construction period. may not not Capital Leases Occasionally, the Company entered into leases that were deemed to be capital leases. For these leases, the Company capitalized the lower of the present value of the minimum lease payments or the fair value of the leased asset at inception and recorded a corresponding capital lease obligation. The Company did not
Self Insurance Reserve [Policy Text Block]	Self-Insurance The Company is self-insured for certain losses relating to employee medical and dental benefits and workers compensation. Stop-loss coverage has been purchased to limit exposure to any significant level of claims. Self-insured losses are accrued based upon the Company’s estimates of the aggregate claims incurred but not
Revenue [Policy Text Block]	Revenue Recognition Revenue is recognized at the point of sale, net of in-house coupons, discounts and returns. Sales taxes are not
Cost of Goods Sold and Occupancy Costs [Policy Text Block]	Cost of Goods Sold and Occupancy Costs Cost of goods sold and occupancy costs includes the cost of inventory sold during the period net of discounts and allowances, as well as, distribution, shipping and handling costs, store occupancy costs and costs of the bulk food repackaging facility and distribution center. The amount shown is net of various rebates from third not
Store Expenses [Policy Text Block]	Store Expenses Store expenses consist of store-level expenses such as salaries, benefits and share-based compensation, supplies, utilities, depreciation, gain or loss on disposal of assets, long-lived asset impairment charges, store closing costs and other related expenses associated with operations support. Store expenses also include purchasing support services and advertising and marketing costs.
Selling, General and Administrative Expenses, Policy [Policy Text Block]	Administrative Expenses Administrative expenses consist of salaries, benefits and share-based compensation, occupancy costs, depreciation, office supplies, hardware and software expenses, professional services expenses and other general and administrative expenses.
Pre-Opening Costs and Relocation Expenses [Policy Text Block]	Pre-Opening Expenses Costs associated with the opening of new stores or relocating/remodeling existing stores are expensed as incurred.
Advertising Cost [Policy Text Block]	Advertising and Marketing Advertising and marketing costs are expensed as incurred and are included in store expenses and pre-opening expenses in the consolidated statements of income. Total advertising and marketing expenses for the years ended September 30, 2021, 2020 2019 September 30, 2021, 2020 2019,
Share-based Payment Arrangement [Policy Text Block]	Share-Based Compensation The Company adopted the 2012 July 25, 2012. The excess tax benefits for recognized compensation costs are reported as a credit to income tax expense and as operating cash outflows when such excess tax benefits are realized by a reduction to current taxes payable.
Income Tax, Policy [Policy Text Block]	Income Taxes The Company accounts for income taxes using the asset and liability method. This method requires recognition of deferred tax assets and liabilities for expected future tax consequences of temporary differences that currently exist between the tax basis and financial reporting basis of the Company’s assets and liabilities. Deferred tax assets and liabilities are measured using enacted tax rates in the respective jurisdictions in which the Company operates. The Company considers the need to establish valuation allowances to reduce deferred income tax assets to the amounts the Company believes are more likely than not The Company recognizes the effect of income tax positions only if those positions are more likely than not 50% Any interest or penalties incurred related to income taxes are expensed as incurred and treated as permanent differences for tax purposes. U.S. Tax Reform On March 27, 2020, 19 As a result of the technical amendments made by the CARES Act to QIP, the Company accelerated tax depreciation expenses of approximately $9.3 million for the year ended September 30, 2019,
New Accounting Pronouncements, Policy [Policy Text Block]	Recently Adopted Accounting Pronouncements The Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) 2016 02, 842 February 2016 2018 2019 842” 842 12 842, The Company adopted ASC 842 October 1, 2019, first 2020, not not The adoption of ASC 842 October 1, 2019. Additionally, the Company recognized a cumulative effect adjustment, which increased retained earnings by $1.7 million for the year ended September 30, 2020. October 1, 2019, 11 In June 2018, 2018 07, 718, 2018 07 2018 07 718 2018 07 first September 30, 2020, not September 30, 2020. In January 2017, 2017 04, 350, 2017 04 2017 04 first two not 2019 10 2016 13 2017 04 first September 30, 2024. September 30, 2020. 2017 04 not September 30, 2020. In May 2014, 2014 09, 606, 2014 09 2014 09 2014 09’s October 1, 2018, - ASU 2016 09, one - ASU 2016 12, - ASU 2016 20, not one The adoption of ASU 2014 09 not September 30, 2019. Recent Accounting Pronouncements In June 2016, 2016 13, 326, 2016 13 2016 13 2016 13 2019 10, November 2019, 2016 13 2016 13 first September 30, 2024. In December 2019, 2019 12, 740, 2019 12 2019 12 first September 30, 2022 not In March 2020, 2020 04, 848, 2020 04 December 31, 2022. not

Note 3 - Revenue Recognition (T

Note 3 - Revenue Recognition (Tables)	12 Months Ended
	Sep. 30, 2021
Notes Tables
Disaggregation of Revenue [Table Text Block]	Year ended September 30, 2021 2020 2019 Grocery $ 731,894 69 % 720,185 69 619,825 69 Dietary supplements 220,000 21 213,182 21 188,913 21 Body care, pet care and other 103,622 10 103,475 10 94,844 10 $ 1,055,516 100 % 1,036,842 100 903,582 100

Note 4 - Earnings Per Share (Ta

Note 4 - Earnings Per Share (Tables)	12 Months Ended
	Sep. 30, 2021
Notes Tables
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	Year ended September 30, 2021 2020 2019 Net income $ 20,581 20,009 9,416 Weighted average number of shares of common stock outstanding 22,591,816 22,501,779 22,424,328 Effect of dilutive securities 119,187 75,867 130,275 Weighted average number of shares of common stock outstanding including the effect of dilutive securities 22,711,003 22,577,646 22,554,603 Basic earnings per share $ 0.91 0.89 0.42 Diluted earnings per share $ 0.91 0.89 0.42

Note 6 - Property and Equipme_2

Note 6 - Property and Equipment (Tables)	12 Months Ended
	Sep. 30, 2021
Notes Tables
Property, Plant and Equipment [Table Text Block]	Useful lives As of September 30, (in years) 2021 2020 Construction in process n/a $ 2,268 6,717 Land n/a 6,062 1,390 Buildings 16 - 40 34,531 26,732 Land improvements 1 - 24 1,782 1,575 Leasehold and building improvements 1 - 25 159,800 153,438 Fixtures and equipment 5 - 7 145,754 139,965 Computer hardware and software 3 - 5 25,068 23,628 375,265 353,445 Less accumulated depreciation and amortization (223,866 ) (205,516 ) Property and equipment, net $ 151,399 147,929
Depreciation and Amortization Expense [Table Text Block]	Year ended September 30, 2021 2020 2019 Depreciation and amortization expense included in cost of goods sold and occupancy costs $ 873 793 736 Depreciation and amortization expense included in store expenses 27,542 29,225 27,150 Depreciation and amortization expense included in administrative expenses 1,218 1,175 1,091 Total depreciation and amortization expenses $ 29,633 31,193 28,977

Note 8 - Goodwill and Other I_2

Note 8 - Goodwill and Other Intangible Assets (Tables)	12 Months Ended
	Sep. 30, 2021
Notes Tables
Schedule of Intangible Assets and Goodwill [Table Text Block]	Useful lives As of September 30, (in years) 2021 2020 Amortizable intangible assets: Other intangibles 0.5 - 3 $ 3,754 3,634 Less accumulated amortization (3,139 ) (2,378 ) Amortizable intangible assets, net 615 1,256 Other intangibles in process 5,507 3,625 Trademark Indefinite 389 389 Deferred financing costs, net (1) 59 31 Total other intangibles, net 6,570 5,301 Goodwill Indefinite 5,198 5,198 Total goodwill and other intangibles, net $ 11,768 10,499

Note 9 - Accrued Expenses (Tabl

Note 9 - Accrued Expenses (Tables)	12 Months Ended
	Sep. 30, 2021
Notes Tables
Schedule of Accrued Liabilities [Table Text Block]	As of September 30, 2021 2020 Payroll and employee-related expenses $ 13,243 13,569 Accrued property, sales and use tax payable 8,322 7,912 Accrued marketing expenses 713 407 Deferred revenue related to gift card sales 2,157 1,819 Other 2,154 1,288 Total accrued expenses $ 26,589 24,995

Note 11 - Lease Commitments (Ta

Note 11 - Lease Commitments (Tables)	12 Months Ended
	Sep. 30, 2021
Notes Tables
Lease, Cost [Table Text Block]	Year ended September 30, Lease cost Classification 2021 2020 Operating lease cost: Cost of goods sold and occupancy costs $ 42,652 42,634 Store expenses 319 319 Administrative expenses 305 311 Pre-opening expenses 233 154 Finance lease cost: Depreciation of right-of-use assets Store expenses (1) 3,686 3,139 Interest on lease liabilities Interest expense, net (1) 1,953 1,698 Short-term lease cost Store expenses 326 2,016 Variable lease cost Cost of goods sold and occupancy costs (2) 5,611 5,367 Sublease income Store expenses (313 ) (368 ) Total lease cost $ 54,772 55,270
Additional Information Related to Leases [Table Text Block]	Year ended September 30, 2021 2020 Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows from operating leases $ 44,473 44,281 Operating cash flows from finance leases 1,976 1,792 Financing cash flows from finance leases 2,823 2,271 Right-of-use assets obtained in exchange for new lease liabilities: Operating leases 9,216 13,204 Finance leases 3,025 11,625 September 30, 2021 2020 Weighted-average remaining lease term (in years): Operating leases 11.1 11.7 Finance leases 11.9 12.5 Weighted-average discount rate: Operating leases 3.6 % 3.6 Finance leases 5.0 % 5.1
Operating and Finance Lease, Liability, Maturity [Table Text Block]	Fiscal Year Operating leases Finance leases Total 2022 $ 44,717 5,080 49,797 2023 43,946 5,176 49,122 2024 42,120 5,242 47,362 2025 40,417 5,252 45,669 2026 37,202 5,295 42,497 Thereafter 201,831 30,157 231,988 Total future undiscounted lease payments 410,233 56,202 466,435 Less imputed interest (75,030 ) (13,576 ) (88,606 ) Total reported lease liability 335,203 42,626 377,829 Less current portion (33,308 ) (3,176 ) (36,484 ) Noncurrent lease liability $ 301,895 39,450 341,345
Lessee, Operating and Financing Lease, Liability, Maturity [Table Text Block]	Fiscal Year Third parties Related parties Sublease rental income Total leases 2022 $ 48,457 1,341 (353 ) 49,445 2023 47,781 1,341 (343 ) 48,779 2024 46,021 1,341 (275 ) 47,087 2025 44,323 1,346 (274 ) 45,395 2026 41,428 1,069 (273 ) 42,224 Thereafter 229,303 2,684 (339 ) 231,648 Total payments $ 457,313 9,122 (1,857 ) 464,578

Note 12 - Share-based Compens_2

Note 12 - Share-based Compensation (Tables)	12 Months Ended
	Sep. 30, 2021
Notes Tables
Schedule of Nonvested Restricted Stock Units Activity [Table Text Block]	Shares Weighted average grant date fair value Non-vested as of September 30, 2019 316,356 $ 10.18 Granted 124,239 8.93 Forfeited (40,052 ) 10.53 Vested (115,286 ) 11.22 Non-vested as of September 30, 2020 285,257 9.17 Granted 225,660 11.22 Forfeited (22,974 ) 8.87 Vested (99,804 ) 9.18 Non-vested as of September 30, 2021 388,139 10.38

Note 15 - Income Taxes (Tables)

Note 15 - Income Taxes (Tables)	12 Months Ended
	Sep. 30, 2021
Notes Tables
Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]	Year ended September 30, 2021 2020 2019 Current federal income tax expense (benefit) $ 3,859 1,317 (1,981 ) Current state income tax expense 752 633 406 Total current income tax expense (benefit) 4,611 1,950 (1,575 ) Deferred federal income tax expense 836 3,157 3,760 Deferred state income tax expense 28 585 213 Total deferred income tax expense 864 3,742 3,973 Total provision for income taxes $ 5,475 5,692 2,398
Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]	Year ended September 30, 2021 2020 2019 Statutory tax rate 21.0 % 21.0 21.0 State income taxes, net of federal income tax expense 3.6 4.0 3.7 Enhanced food deduction (0.5 ) (0.6 ) (1.3 ) Deferred tax liability adjustment 0.8 (0.3 ) (0.5 ) Other, net (3.9 ) (2.0 ) (2.6 ) Effective tax rate 21.0 % 22.1 20.3
Schedule of Classification of Deferred Tax Assets and Liabilities [Table Text Block]	As of September 30, 2021 2020 Long-term assets $ — — Long-term liabilities (15,293 ) (14,429 ) Net deferred tax liabilities $ (15,293 ) (14,429 )
Schedule of Deferred Tax Assets and Liabilities [Table Text Block]	As of September 30, 2021 2020 Deferred tax assets Goodwill $ 238 475 Trademarks 613 623 Finance lease obligations 10,443 10,453 Operating lease obligations 82,119 87,947 Accrued paid time off 682 771 Other 649 821 Gross deferred tax assets 94,744 101,090 Deferred tax liabilities Property and equipment (20,477 ) (19,929 ) Finance lease assets (9,645 ) (9,855 ) Operating lease assets (77,867 ) (83,508 ) Leasehold improvements (1,652 ) (1,900 ) Subleases — (99 ) Other (396 ) (228 ) Gross deferred tax liabilities (110,037 ) (115,519 ) Net deferred tax liabilities $ (15,293 ) (14,429 )

Note 19 - Selected Quarterly _2

Note 19 - Selected Quarterly Financial Data (Unaudited) (Tables)	12 Months Ended
	Sep. 30, 2021
Notes Tables
Quarterly Financial Information [Table Text Block]	Fiscal Year Ended September 30, 2021 Three months ended December 31, 2020 March 31, 2021 June 30, 2021 September 30, 2021 Net sales $ 265,045 259,198 258,624 272,649 Cost of goods sold and occupancy costs 192,020 187,371 187,082 196,855 Gross profit 73,025 71,827 71,542 75,794 Store expenses 60,330 58,422 57,086 58,748 Administrative expenses 7,304 6,358 7,273 7,420 Pre-opening expenses 189 341 135 255 Operating income 5,202 6,706 7,048 9,371 Interest expense, net (510 ) (603 ) (586 ) (572 ) Income before income taxes 4,692 6,103 6,462 8,799 Provision for income taxes (1,060 ) (1,399 ) (1,430 ) (1,586 ) Net income $ 3,632 4,704 5,032 7,213 Basic earnings per share $ 0.16 0.21 0.22 0.32 Diluted earnings per share $ 0.16 0.21 0.22 0.32 Fiscal Year Ended September 30, 2020 Three months ended December 31, 2019 March 31, 2020 June 30, 2020 September 30, 2020 Net sales $ 230,030 277,524 265,110 264,178 Cost of goods sold and occupancy costs 169,506 199,701 192,729 191,765 Gross profit 60,524 77,823 72,381 72,413 Store expenses 51,427 56,878 58,577 60,187 Administrative expenses 5,819 7,038 6,818 7,105 Pre-opening expenses 430 650 300 163 Operating income 2,848 13,257 6,686 4,958 Interest expense, net (536 ) (516 ) (505 ) (491 ) Income before income taxes 2,312 12,741 6,181 4,467 Provision for income taxes (444 ) (3,023 ) (1,490 ) (735 ) Net income $ 1,868 9,718 4,691 3,732 Basic earnings per share $ 0.08 0.43 0.21 0.17 Diluted earnings per share $ 0.08 0.43 0.21 0.16

Note 1 - Organization (Details

Note 1 - Organization (Details Textual)	Sep. 30, 2021	Sep. 30, 2020
Number of Stores	162	159
COLORADO
Number of Stores	41
TEXAS
Number of Stores	25
OREGON
Number of Stores	14
ARIZONA
Number of Stores	12
UTAH
Number of Stores	9
KANSAS
Number of Stores	8
MISSOURI
Number of Stores	7
IOWA
Number of Stores	6
IDAHO
Number of Stores	4
ARKANSAS
Number of Stores	3
WYOMING
Number of Stores	2
MINNESOTA
Number of Stores	1

Note 2 - Basis of Presentatio_2

Note 2 - Basis of Presentation and Summary of Significant Accounting Policies (Details Textual) $ in Thousands	12 Months Ended
	Sep. 30, 2021USD ($)	Sep. 30, 2020USD ($)	Sep. 30, 2019USD ($)	Oct. 01, 2019USD ($)
Number of Reportable Segments	1
Accounts Receivable, Allowance for Credit Loss, Ending Balance	$ 100	$ 100
Cash, Uninsured Amount	22,600
Property, Plant and Equipment, Net, Ending Balance	151,399	147,929
Operating Lease, Right-of-Use Asset	316,388	339,239
Finance Lease, Right-of-Use Asset, after Accumulated Amortization, Total	39,367	40,096
Finite-lived Intangible Assets Acquired	6,100	4,900
Asset Impairment Charges, Total	1,100	600	$ 400
Goodwill, Impairment Loss	0
Marketing and Advertising Expense, Total	6,300	6,600	8,200
Revenue from Contract with Customer, Excluding Assessed Tax, Total	1,055,516	1,036,842	903,582
Accelerated Tax Depreciation Expenses			9,300
Operating Lease, Liability, Total	335,203
Retained Earnings (Accumulated Deficit), Ending Balance	85,419	116,291
Operating and Finance Lease, Liability	377,829
Accounting Standards Update 2016-01 [Member]
Operating Lease, Right-of-Use Asset				$ 359,600
Operating Lease, Liability, Total				$ 377,800
Operating and Finance Lease, Liability		41,900
Lessee, Financing Lease, Balance Sheet, Assets by Major Class, Net		40,200
Accounting Standards Update 2016-01 [Member] | Cumulative Effect, Period of Adoption, Adjustment [Member]
Retained Earnings (Accumulated Deficit), Ending Balance		1,700
Vendor Reimbursements [Member]
Revenue from Contract with Customer, Excluding Assessed Tax, Total	$ 5,400	$ 4,500	$ 4,600
Supplier Concentration Risk [Member] | Cost of Goods and Service, Product and Service Benchmark [Member] | Vendor and Subsidiaries [Member]
Concentration Risk, Percentage	67.00%	66.00%

Note 3 - Revenue Recognition (D

Note 3 - Revenue Recognition (Details Textual) - Gift Cards [Member] - USD ($) $ in Millions	12 Months Ended
	Sep. 30, 2021	Sep. 30, 2020
Contract with Customer, Liability, Total	$ 1.5	$ 1.3
Contract with Customer, Liability, Revenue Recognized	$ 0.7

Note 3 - Revenue Recognition -

Note 3 - Revenue Recognition - Disaggregation of Revenue (Details) - USD ($) $ in Thousands	12 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2019
Net sales	$ 1,055,516	$ 1,036,842	$ 903,582
Net Sales, percent	100.00%	100.00%	100.00%
Grocery [Member]
Net sales	$ 731,894	$ 720,185	$ 619,825
Net Sales, percent	69.00%	69.00%	69.00%
Dietary Supplements [Member]
Net sales	$ 220,000	$ 213,182	$ 188,913
Net Sales, percent	21.00%	21.00%	21.00%
Body Care, Pet Care, and Other [Member]
Net sales	$ 103,622	$ 103,475	$ 94,844
Net Sales, percent	10.00%	10.00%	10.00%

Note 4 - Earnings Per Share (De

Note 4 - Earnings Per Share (Details Textual) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended								12 Months Ended
	Sep. 30, 2021	Jun. 30, 2021	Mar. 31, 2021	Dec. 31, 2020	Sep. 30, 2020	Jun. 30, 2020	Mar. 31, 2020	Dec. 31, 2019	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2019
Dividends, Total											$ 0
Common Stock, Shares Authorized (in shares)	50,000,000				50,000,000				50,000,000	50,000,000
Common Stock, Shares, Issued, Total (in shares)	22,620,417				22,546,765				22,620,417	22,546,765
Preferred Stock, Shares Authorized (in shares)	10,000,000								10,000,000
Preferred Stock, Shares Issued, Total (in shares)	0								0
Common Stock, Shares, Outstanding, Ending Balance (in shares)	22,620,417				22,546,765				22,620,417	22,546,765
Quarterly Cash dividend [Member]
Common Stock, Dividends, Per Share, Declared (in dollars per share)	$ 0.07	$ 0.07	$ 0.07	$ 0.07	$ 0.07	$ 0.07	$ 0.07	$ 0.07
Special Cash Dividend [Member]
Common Stock, Dividends, Per Share, Declared (in dollars per share)				$ 2
Restricted Stock Units (RSUs) [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount (in shares)									166,362	94,497	56,510

Note 4 - Earnings Per Share - B

Note 4 - Earnings Per Share - Basic and Diluted Earnings Per Share (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended								12 Months Ended
	Sep. 30, 2021	Jun. 30, 2021	Mar. 31, 2021	Dec. 31, 2020	Sep. 30, 2020	Jun. 30, 2020	Mar. 31, 2020	Dec. 31, 2019	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2019
Net income	$ 7,213	$ 5,032	$ 4,704	$ 3,632	$ 3,732	$ 4,691	$ 9,718	$ 1,868	$ 20,581	$ 20,009	$ 9,416
Weighted average number of shares of common stock outstanding (in shares)									22,591,816	22,501,779	22,424,328
Effect of dilutive securities (in shares)									119,187	75,867	130,275
Weighted average number of shares of common stock outstanding including the effect of dilutive securities (in shares)									22,711,003	22,577,646	22,554,603
Basic earnings per share (in dollars per share)	$ 0.32	$ 0.22	$ 0.21	$ 0.16	$ 0.17	$ 0.21	$ 0.43	$ 0.08	$ 0.91	$ 0.89	$ 0.42
Diluted earnings per share (in dollars per share)	$ 0.32	$ 0.22	$ 0.21	$ 0.16	$ 0.16	$ 0.21	$ 0.43	$ 0.08	$ 0.91	$ 0.89	$ 0.42

Note 5 - Fair Value Measureme_2

Note 5 - Fair Value Measurements (Details Textual) - USD ($) $ in Millions	12 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2019
Long-Lived Assets	$ 3.3	$ 1.1	$ 0.8
Assets, Fair Value Disclosure	2.1	0.5	0.4
Asset Impairment Charges, Total	$ 1.1	$ 0.6	$ 0.4

Note 6 - Property and Equipme_3

Note 6 - Property and Equipment (Details Textual) - USD ($) $ in Thousands	12 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2019
Interest Paid, Capitalized, Investing Activities	$ 194	$ 102	$ 268
Leasehold and Building Improvements and Fixtures and Equipment [Member]
Property, Plant and Equipment, Additions	500	400
Property, Plant and Equipment, Additions, Capitalized Internal Staff Compensation [Member]
Depreciation, Total	600
Capital and Financing Lease Obligations [Member]
Interest Paid, Capitalized, Investing Activities	$ 200	$ 100	$ 300

Note 6 - Property and Equipme_4

Note 6 - Property and Equipment - Schedule of Property and Equipment (Details) - USD ($) $ in Thousands	12 Months Ended
	Sep. 30, 2021	Sep. 30, 2020
Property, plant, and equipment, gross	$ 375,265	$ 353,445
Less accumulated depreciation and amortization	(223,866)	(205,516)
Property and equipment, net	151,399	147,929
Construction in Progress [Member]
Property, plant, and equipment, gross	2,268	6,717
Land [Member]
Property, plant, and equipment, gross	6,062	1,390
Building [Member]
Property, plant, and equipment, gross	$ 34,531	26,732
Building [Member] | Minimum [Member]
Useful life (Year)	16 years
Building [Member] | Maximum [Member]
Useful life (Year)	40 years
Land Improvements [Member]
Property, plant, and equipment, gross	$ 1,782	1,575
Land Improvements [Member] | Minimum [Member]
Useful life (Year)	1 year
Land Improvements [Member] | Maximum [Member]
Useful life (Year)	24 years
Leasehold and Building Improvements [Member]
Property, plant, and equipment, gross	$ 159,800	153,438
Leasehold and Building Improvements [Member] | Minimum [Member]
Useful life (Year)	1 year
Leasehold and Building Improvements [Member] | Maximum [Member]
Useful life (Year)	25 years
Furniture and Fixtures [Member]
Property, plant, and equipment, gross	$ 145,754	139,965
Furniture and Fixtures [Member] | Minimum [Member]
Useful life (Year)	5 years
Furniture and Fixtures [Member] | Maximum [Member]
Useful life (Year)	7 years
Computer Hardware and Software [Member]
Property, plant, and equipment, gross	$ 25,068	$ 23,628
Computer Hardware and Software [Member] | Minimum [Member]
Useful life (Year)	3 years
Computer Hardware and Software [Member] | Maximum [Member]
Useful life (Year)	5 years

Note 6 - Property and Equipme_5

Note 6 - Property and Equipment - Depreciation and Amortization Expense (Details) - USD ($) $ in Thousands	12 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2019
Depreciation and amortization expense	$ 29,633	$ 31,193	$ 28,977
Cost of Sales [Member]
Depreciation and amortization expense	873	793	736
Stores [Member]
Depreciation and amortization expense	27,542	29,225	27,150
General and Administrative Expense [Member]
Depreciation and amortization expense	$ 1,218	$ 1,175	$ 1,091

Note 7 - Impairment of Long-l_2

Note 7 - Impairment of Long-lived Assets (Details Textual) - USD ($) $ in Thousands	12 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2019
Property, Plant and Equipment, Net, Ending Balance	$ 151,399	$ 147,929
Lease, Right-of-use Asset	355,800	379,300
Asset Impairment Charges, Total	$ 1,100	$ 600	$ 400

Note 8 - Goodwill and Other I_3

Note 8 - Goodwill and Other Intangible Assets (Details Textual) - USD ($) $ in Millions	12 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2019
Amortization of Intangible Assets, Total	$ 0.8	$ 0.8	$ 0.5
Capitalized Computer Software, Period Increase (Decrease), Total	$ 2	$ 2.6

Note 8 - Goodwill and Other I_4

Note 8 - Goodwill and Other Intangible Assets - Summary of Goodwill and Other Intangible Assets (Details) - USD ($) $ in Thousands		12 Months Ended
		Sep. 30, 2021	Sep. 30, 2020
Less accumulated amortization		$ (3,139)	$ (2,378)
Amortizable intangible assets, net		615	1,256
Other intangibles in process		5,507	3,625
Trademark		389	389
Deferred financing costs, net (1)	[1]	59	31
Total other intangibles, net		6,570	5,301
Goodwill		5,198	5,198
Total goodwill and other intangibles, net		11,768	10,499
Other Intangible Assets [Member]
Amortizable intangible assets		$ 3,754	$ 3,634
Other Intangible Assets [Member] | Minimum [Member]
Intangible assets useful life (Year)		6 months
Other Intangible Assets [Member] | Maximum [Member]
Intangible assets useful life (Year)		3 years
[1]	Certain prior year amounts have been reclassified for consistency with current year presentation.

Note 9 - Accrued Expenses - Com

Note 9 - Accrued Expenses - Composition of Accrued Expenses (Details) - USD ($) $ in Thousands	Sep. 30, 2021	Sep. 30, 2020
Payroll and employee-related expenses	$ 13,243	$ 13,569
Accrued property, sales and use tax payable	8,322	7,912
Accrued marketing expenses	713	407
Deferred revenue related to gift card sales	2,157	1,819
Other	2,154	1,288
Total accrued expenses	$ 26,589	$ 24,995

Note 10 - Long-term Debt (Detai

Note 10 - Long-term Debt (Details Textual) $ in Thousands	Nov. 18, 2020USD ($)	Nov. 13, 2019USD ($)	Jan. 28, 2016USD ($)	Sep. 30, 2021USD ($)	Sep. 30, 2020USD ($)	Sep. 30, 2019USD ($)
Capital and Financing Lease Obligations Number of Leases				20	19
Interest Expense, Debt, Excluding Amortization				$ 2,500	$ 2,200	$ 5,200
Interest Costs Capitalized				200	100	$ 300
Letter of Credit [Member]
Letters of Credit Outstanding, Amount				1,000	1,300
The New Credit Facility [Member]
Line of Credit Facility, Maximum Borrowing Capacity			$ 50,000
Line of Credit Facility, Dividend Restrictions, Maximum Amount		$ 10,000	$ 10,000
Line of Credit Facility, Remaining Borrowing Capacity				49,000	48,700
The New Credit Facility [Member] | Maximum [Member]
Debt Instrument, Maximum Dividend Payment Permitted	$ 50,000
The New Credit Facility [Member] | Prime Rate [Member]
Debt Instrument, Basis Spread on Variable Rate			0.50%
The New Credit Facility [Member] | Eurodollar [Member]
Debt Instrument, Basis Spread on Variable Rate			1.00%
The New Credit Facility [Member] | Term Loan [Member]
Debt Instrument, Face Amount				35,000
Debt Instrument, Periodic Payment, Principal				400
Long-term Line of Credit, Total				23,700
The New Credit Facility [Member] | Revolving Credit Facility [Member]
Line of Credit Facility, Maximum Borrowing Capacity				50,000
Long-term Line of Credit, Total				$ 0	$ 0
The New Credit Facility [Member] | Standby Letters of Credit [Member]
Line of Credit Facility, Maximum Borrowing Capacity			$ 5,000

Note 11 - Lease Commitments (De

Note 11 - Lease Commitments (Details Textual) $ in Thousands	12 Months Ended
	Sep. 30, 2021USD ($)	Sep. 30, 2020USD ($)	Sep. 30, 2019USD ($)
Lessee, Operating Lease, Renewal Term (Year)	5 years
Operating Lease, Right-of-Use Asset	$ 316,388	$ 339,239
Operating Lease, Liability, Total	335,203
Operating Lease, Expense	55,300	54,600	$ 51,600
Increase (Decrease) in Operating Lease Liability for Purchase		2,500
Decrease in Operating Right-of-use Asset for Assets Transferred in Property and Equipment		2,400
Lessee, Operating Lease, Lease Not yet Commenced, Minimum Lease Payments	28,200
Finance Lease, Liability, Payment, Due, Total	56,202
Lessee, Operating Lease, Liability, to be Paid, Total	410,233
Pre-Opening Costs and Relocation Expenses for Stores Not Yet Opened Rent Expense	$ 200	200	300
Chalet [Member]
Number of Operating Leases	4
Finance Lease, Number of Lease	1
Isely Family Land Trust LLC [Member]
Number of Operating Leases	1
FTVC, LLC [Member]
Number of Operating Leases	1
Related Parties [Member]
Operating Lease, Right-of-Use Asset	$ 7,600
Operating Lease, Liability, Total	7,900
Operating Lease, Expense	1,300	$ 1,300	$ 1,500
Finance Lease, Liability, Payment, Due, Total	3,400
Lessee, Operating Lease, Liability, to be Paid, Total	$ 5,700
Minimum [Member]
Lessee, Operating Lease, Term of Contract (Year)	10 years
Maximum [Member]
Lessee, Operating Lease, Term of Contract (Year)	25 years

Note 11 - Lease Commitments - L

Note 11 - Lease Commitments - Lease Cost (Details) - USD ($) $ in Thousands		12 Months Ended
		Sep. 30, 2021	Sep. 30, 2020
Total lease cost		$ 54,772	$ 55,270
Cost of Sales [Member]
Operating lease cost		42,652	42,634
Variable lease cost	[1]	5,611	5,367
Store Expenses [Member]
Operating lease cost		319	319
Depreciation of right-of-use assets	[2]	3,686	3,139
Short-term lease cost		326	2,016
Sublease income		(313)	(368)
General and Administrative Expense [Member]
Operating lease cost		305	311
Pre-opening Costs and Relocation Expenses [Member]
Operating lease cost		233	154
Interest Expense [Member]
Interest on lease liabilities	[2]	$ 1,953	$ 1,698
[1]	Immaterial balances related to the corporate headquarters and distribution center are included in administrative expenses and store expenses, respectively.
[2]	Immaterial balances related to stores not yet open are included in pre-opening expenses.

Note 11 - Lease Commitments - A

Note 11 - Lease Commitments - Additional Information (Details) - USD ($) $ in Thousands	12 Months Ended
	Sep. 30, 2021	Sep. 30, 2020
Operating cash flows from operating leases	$ 44,473	$ 44,281
Operating cash flows from finance leases	1,976	1,792
Financing cash flows from finance leases	2,823	2,271
Operating leases	9,216	13,204
Finance leases	$ 3,025	$ 11,625
Operating leases (Year)	11 years 1 month 6 days	11 years 8 months 12 days
Finance leases (Year)	11 years 10 months 24 days	12 years 6 months
Operating leases	3.60%	3.60%
Finance leases	5.00%	5.10%

Note 11 - Lease Commitments - F

Note 11 - Lease Commitments - Future Lease Payments (Details) - USD ($) $ in Thousands	Sep. 30, 2021	Sep. 30, 2020
2022, Operating leases	$ 44,717
2022, Finance leases	5,080
2022	49,797
2023, Operating leases	43,946
2023, Finance leases	5,176
2023	49,122
2024, Operating leases	42,120
2024, Finance leases	5,242
2024	47,362
2025, Operating leases	40,417
2025, Finance leases	5,252
2025	45,669
2026, Operating leases	37,202
2026, Finance leases	5,295
2026	42,497
Thereafter, Operating leases	201,831
Thereafter, Finance leases	30,157
Thereafter	231,988
Total future undiscounted lease payments	410,233
Total future undiscounted lease payments, finance leases	56,202
Total future undiscounted lease payments	466,435
Less imputed interest, operating leases	(75,030)
Less imputed interest, finance leases	(13,576)
Less imputed interest	(88,606)
Total reported lease liability, operating leases	335,203
Total reported lease liability, finance leases	42,626
Total reported lease liability	377,829
Less current portion, operating leases	(33,308)	$ (32,156)
Less current portion, finance leases	(3,176)	(2,836)
Less current portion	(36,484)
Noncurrent lease liability, operating leases	301,895	325,641
Noncurrent lease liability, finance leases	39,450	$ 39,506
Noncurrent lease liability	$ 341,345

Note 11 - Lease Commitments -_2

Note 11 - Lease Commitments - Future Minimum Annual Payments Under Operating Leases (Details) $ in Thousands	Sep. 30, 2021USD ($)
2022, Sublease rental income	$ (353)
2022, operating and financing leases	49,445
2023, Sublease rental income	(343)
2023, operating and financing leases	48,779
2024, Sublease rental income	(275)
2024, operating and financing leases	47,087
2025, Sublease rental income	(274)
2025, operating and financing leases	45,395
2026, Sublease rental income	(273)
2026, operating and financing leases	42,224
Thereafter, Sublease rental income	(339)
Thereafter, operating and financing leases	231,648
Total payments, Sublease rental income	(1,857)
Total payments, operating and financing leases	464,578
Related Parties [Member]
2022, before sublease rental income	1,341
2023, before sublease rental income	1,341
2024, before sublease rental income	1,341
2025, before sublease rental income	1,346
2026, before sublease rental income	1,069
Thereafter, before sublease rental income	2,684
Total payments, before sublease rental income	9,122
Third Parties [Member]
2022, before sublease rental income	48,457
2023, before sublease rental income	47,781
2024, before sublease rental income	46,021
2025, before sublease rental income	44,323
2026, before sublease rental income	41,428
Thereafter, before sublease rental income	229,303
Total payments, before sublease rental income	$ 457,313

Note 12 - Share-based Compens_3

Note 12 - Share-based Compensation (Details Textual) - USD ($)	1 Months Ended	12 Months Ended
	Mar. 31, 2019	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2019	Jul. 17, 2012
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized (in shares)					1,090,151
Share-based Compensation Arrangement by Share-based Payment Award, Number of Additional Shares Authorized (in shares)	600,000
Share-based Compensation Arrangement by Share-based Payment Award, Expiration Period (Year)	5 years
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Available for Grant (in shares)		407,746
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross (in shares)		4,000
Share-based Payment Arrangement, Expense, Tax Benefit		$ 100,000	$ 0	$ 0
Cost of Goods Sold and Occupancy Costs [Member]
Share-based Payment Arrangement, Expense		900,000	1,100,000	1,200,000
Certain Employees [Member]
Share-based Payment Arrangement, Expense		500,000	800,000	800,000
Executive Officer [Member]
Share-based Payment Arrangement, Expense		200,000	200,000	200,000
Board [Member]
Share-based Payment Arrangement, Expense		200,000	$ 200,000	$ 200,000
Restricted Stock Units (RSUs) [Member]
Share-based Payment Arrangement, Nonvested Award, Excluding Option, Cost Not yet Recognized, Amount		2,500,000
Share-based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Period for Recognition (Year)			3 years
Restricted Stock Units (RSUs) [Member] | Board [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award Equivalent Value of Shares Authorized to Grant		$ 60,000
Restricted Stock Units (RSUs) [Member] | Minimum [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period (Year)		1 year
Restricted Stock Units (RSUs) [Member] | Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period (Year)		5 years

Note 12 - Share-based Compens_4

Note 12 - Share-based Compensation - Changes in Non-vested RSUs Outstanding (Details) - Restricted Stock Units (RSUs) [Member] - $ / shares	12 Months Ended
	Sep. 30, 2021	Sep. 30, 2020
Non-vested balance (in shares)	285,257	316,356
Non-vested, Weighted Average Grant Date Fair Value (in dollars per share)	$ 9.17	$ 10.18
Granted (in shares)	225,660	124,239
Granted, Weighted Average Grant Date Fair Value (in dollars per share)	$ 11.22	$ 8.93
Forfeited (in shares)	(22,974)	(40,052)
Forfeited, Weighted Average Grant Date Fair Value (in dollars per share)	$ 8.87	$ 10.53
Vested (in shares)	(99,804)	(115,286)
Vested, Weighted Average Grant Date Fair Value (in dollars per share)	$ 9.18	$ 11.22
Non-vested balance (in shares)	388,139	285,257
Non-vested, Weighted Average Grant Date Fair Value (in dollars per share)	$ 10.38	$ 9.17

Note 13 - Stockholders' Equity

Note 13 - Stockholders' Equity (Details Textual) - USD ($) $ in Millions	May 04, 2016	Sep. 30, 2021	Sep. 30, 2020
Stock Repurchase Program, Period in Force (Year)	2 years
Stock Repurchase Program, Authorized Amount	$ 10
Stock Repurchased During Period, Shares (in shares)		0	0
Stock Repurchase Program, Remaining Authorized Repurchase Amount		$ 8.3
Stock Issued During Period, Shares, Treasury Stock Reissued for Equity-based Compensation Obligations (in shares)		0	47,222
Stock Issued During Period, Value, Treasury Stock Reissued for Equity-based Compensation Obligations			$ 0.4
Treasury Stock, Shares, Ending Balance (in shares)		0	0

Note 14 - Related Party Trans_2

Note 14 - Related Party Transactions (Details Textual) $ in Millions	12 Months Ended
	Sep. 30, 2021USD ($)	Sep. 30, 2020USD ($)	Sep. 30, 2019USD ($)
Chalet [Member]
Number of Operating Leases	4
Finance Lease, Number of Lease	1
Related Party Transaction Number of Owners That Are Non-Independent Board Members of the Entity	4
Related Party Transaction, Expenses from Transactions with Related Party	$ 1	$ 1	$ 1.2
Isely Family Land Trust LLC [Member]
Number of Operating Leases	1
Related Party Transaction, Expenses from Transactions with Related Party	$ 0.3	0.3	0.3
FTVC, LLC [Member]
Number of Operating Leases	1
Related Party Transaction Number of Owners That Are Non-Independent Board Members of the Entity	4
FTVC, LLC [Member] | Maximum [Member]
Related Party Transaction, Expenses from Transactions with Related Party	$ 0.1	$ 0.1	$ 0.1

Note 15 - Income Taxes (Details

Note 15 - Income Taxes (Details Textual) - USD ($) $ in Thousands	12 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2019
Effective Income Tax Rate Reconciliation, Percent, Total	21.00%	22.10%	20.30%
Effective Income Tax Rate Reconciliation, Depreciation Acceleration, Amount			$ 500
Unrecognized Tax Benefits, Ending Balance	$ 0	$ 0
Domestic Tax Authority [Member] | Internal Revenue Service (IRS) [Member]
Operating Loss Carryforwards Utilized		200
Tax Credit Carryforwards Utilized		400
State and Local Jurisdiction [Member] | Maximum [Member]
Tax Effected State Income Tax Carryforward Utilized	$ 100	$ 100

Note 15 - Income Taxes - Compon

Note 15 - Income Taxes - Components of the Provision for Income Taxes (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Sep. 30, 2021	Jun. 30, 2021	Mar. 31, 2021	Dec. 31, 2020	Sep. 30, 2020	Jun. 30, 2020	Mar. 31, 2020	Dec. 31, 2019	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2019
Current federal income tax expense (benefit)									$ 3,859	$ 1,317	$ (1,981)
Current state income tax expense									752	633	406
Total current income tax expense (benefit)									4,611	1,950	(1,575)
Deferred federal income tax expense									836	3,157	3,760
Deferred state income tax expense									28	585	213
Total deferred income tax expense									864	3,742	3,973
Total provision for income taxes	$ 1,586	$ 1,430	$ 1,399	$ 1,060	$ 735	$ 1,490	$ 3,023	$ 444	$ 5,475	$ 5,692	$ 2,398

Note 15 - Income Taxes - Reconc

Note 15 - Income Taxes - Reconciliation Between the U.S. Federal Statutory Income Tax Rate and the Company's Effective Tax Rate (Details)	12 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2019
Statutory tax rate	21.00%	21.00%	21.00%
State income taxes, net of federal income tax expense	3.60%	4.00%	3.70%
Enhanced food deduction	(0.50%)	(0.60%)	(1.30%)
Deferred tax liability adjustment	0.80%	(0.30%)	(0.50%)
Other, net	(3.90%)	(2.00%)	(2.60%)
Effective tax rate	21.00%	22.10%	20.30%

Note 15 - Income Taxes - Deferr

Note 15 - Income Taxes - Deferred Taxes (Details) - USD ($) $ in Thousands	Sep. 30, 2021	Sep. 30, 2020
Long-term assets	$ 0	$ 0
Long-term liabilities	(15,293)	(14,429)
Net deferred tax liabilities	$ (15,293)	$ (14,429)

Note 15 - Income Taxes - Tax Ef

Note 15 - Income Taxes - Tax Effects of Temporary Differences That Give Rise to Deferred Tax Assets and Liabilities (Details) - USD ($) $ in Thousands	Sep. 30, 2021	Sep. 30, 2020
Goodwill	$ 238	$ 475
Trademarks	613	623
Finance lease obligations	10,443	10,453
Operating lease obligations	82,119	87,947
Accrued paid time off	682	771
Other	649	821
Gross deferred tax assets	94,744	101,090
Property and equipment	(20,477)	(19,929)
Finance lease assets	(9,645)	(9,855)
Operating lease assets	(77,867)	(83,508)
Leasehold improvements	(1,652)	(1,900)
Subleases	0	(99)
Other	(396)	(228)
Gross deferred tax liabilities	(110,037)	(115,519)
Net deferred tax liabilities	$ (15,293)	$ (14,429)

Note 16 - Defined Contributio_2

Note 16 - Defined Contribution Plan (Details Textual) - USD ($)	12 Months Ended
	Sep. 30, 2021	Sep. 30, 2020
Defined Contribution Plan, Employer Matching Contribution, Percent of Match	25.00%
Defined Contribution Plan Employer Maximum Discretionary Contribution Amount per Employee	$ 2,500
Defined Contribution Plan, Cost	$ 900,000	$ 1,200,000

Note 17 - Segment Reporting (De

Note 17 - Segment Reporting (Details Textual)	12 Months Ended
	Sep. 30, 2021
Number of Reportable Segments	1

Note 18 - Commitments and Con_2

Note 18 - Commitments and Contingencies (Details Textual)	1 Months Ended	12 Months Ended
	Sep. 30, 2021	Sep. 30, 2021
Individual Arbitration [Member]
Loss Contingency, Number of Plaintiffs	56
FLSA Collective Action [Member]
Loss Contingency, Number of Plaintiffs		101

Note 19 - Selected Quarterly _3

Note 19 - Selected Quarterly Financial Data (Unaudited) - Unaudited Quarterly Financial Data (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended								12 Months Ended
	Sep. 30, 2021	Jun. 30, 2021	Mar. 31, 2021	Dec. 31, 2020	Sep. 30, 2020	Jun. 30, 2020	Mar. 31, 2020	Dec. 31, 2019	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2019
Net sales	$ 272,649	$ 258,624	$ 259,198	$ 265,045	$ 264,178	$ 265,110	$ 277,524	$ 230,030
Cost of goods sold and occupancy costs	196,855	187,082	187,371	192,020	191,765	192,729	199,701	169,506	$ 763,328	$ 753,701	$ 664,829
Gross profit	75,794	71,542	71,827	73,025	72,413	72,381	77,823	60,524	292,188	283,141	238,753
Store expenses	58,748	57,086	58,422	60,330	60,187	58,577	56,878	51,427	234,586	227,069	197,792
Administrative expenses	7,420	7,273	6,358	7,304	7,105	6,818	7,038	5,819	28,355	26,780	22,837
Pre-opening expenses	255	135	341	189	163	300	650	430	920	1,543	1,358
Operating income	9,371	7,048	6,706	5,202	4,958	6,686	13,257	2,848	28,327	27,749	16,766
Interest expense, net	(572)	(586)	(603)	(510)	(491)	(505)	(516)	(536)	(2,271)	(2,048)	(4,952)
Income before income taxes	8,799	6,462	6,103	4,692	4,467	6,181	12,741	2,312	26,056	25,701	11,814
Benefit from (provision for) income taxes	(1,586)	(1,430)	(1,399)	(1,060)	(735)	(1,490)	(3,023)	(444)	(5,475)	(5,692)	(2,398)
Net income	$ 7,213	$ 5,032	$ 4,704	$ 3,632	$ 3,732	$ 4,691	$ 9,718	$ 1,868	$ 20,581	$ 20,009	$ 9,416
Basic earnings per share (in dollars per share)	$ 0.32	$ 0.22	$ 0.21	$ 0.16	$ 0.17	$ 0.21	$ 0.43	$ 0.08	$ 0.91	$ 0.89	$ 0.42
Diluted earnings per share (in dollars per share)	$ 0.32	$ 0.22	$ 0.21	$ 0.16	$ 0.16	$ 0.21	$ 0.43	$ 0.08	$ 0.91	$ 0.89	$ 0.42

Note 20 - Subsequent Events (De

Note 20 - Subsequent Events (Details Textual) - $ / shares	Nov. 18, 2021	Sep. 30, 2021	Jun. 30, 2021	Mar. 31, 2021	Dec. 31, 2020	Sep. 30, 2020	Jun. 30, 2020	Mar. 31, 2020	Dec. 31, 2019
Quarterly Cash dividend [Member]
Common Stock, Dividends, Per Share, Declared (in dollars per share)		$ 0.07	$ 0.07	$ 0.07	$ 0.07	$ 0.07	$ 0.07	$ 0.07	$ 0.07
Subsequent Event [Member]
Dividends Payable, Date to be Paid	Dec. 15, 2021
Dividends Payable, Date of Record	Nov. 29, 2021
Subsequent Event [Member] | Quarterly Cash dividend [Member]
Common Stock, Dividends, Per Share, Declared (in dollars per share)	$ 0.10