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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Cash flows from operating activities:    
Net earnings $ 187,600 $ 65,117
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation and amortization 58,050 59,257
Net (gain) loss on sales of assets and businesses (872) 890
Stock-based compensation 19,903 15,538
Deferred income taxes 43 545
Changes in operating assets and liabilities:    
Trade accounts receivable (40,619) (26,467)
Unbilled receivables (contract assets) (39,289) (18,015)
Costs to fulfill a contract (7,572) (4,193)
Inventories (59,841) (42,408)
Accounts payable and accrued liabilities 12,131 5,426
Contract liabilities 26,748 9,769
Income taxes (14,210) (34,886)
Retirement benefit obligations (1,240) (615)
Other 3,286 10,192
Net cash provided by operating activities 144,118 40,150
Cash flows from investing activities:    
Payments for purchase of property, plant, and equipment (56,301) (44,046)
Proceeds from sale of assets 51 199
Proceeds from business divestiture 600  
Business acquisition, net of cash acquired   878
Payments for short-term investments (3,723)  
Proceeds from sales of short-term investments 9,732 7,733
Net cash (used in) investing activities (49,641) (35,236)
Cash flows from financing activities:    
Cash dividends paid (28,327) (24,537)
Proceeds from sales of treasury stock 43,087 14,067
Payments for repurchases of common stock   (26,369)
Borrowings on revolving lines of credit and short-term borrowings 1,539,100 1,031,800
Payments on revolving lines of credit and short-term borrowings (1,397,800) (968,100)
Payments of debt financing costs   (2,236)
Payments of long-term debt and finance lease obligations (75,472) (288)
Net cash provided by financing activities 80,588 24,337
Effect of exchange rate changes on cash and cash equivalents 4,420 (7,668)
Net change in cash and cash equivalents 179,485 21,583
Cash and cash equivalents at beginning of year 137,447 107,844
Cash and cash equivalents at end of period $ 316,932 $ 129,427