XML 12 R6.htm IDEA: XBRL DOCUMENT v3.24.2.u1
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Cash flows from operating activities:    
Net earnings $ 289,675 $ 149,716
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation and amortization 86,842 89,301
Net (gain) loss on sales of assets and businesses (565) 672
Stock-based compensation 27,926 19,369
Deferred income taxes 44 545
Changes in operating assets and liabilities:    
Trade accounts receivable 45,454 (69,628)
Unbilled receivables (contract assets) (54,274) (49,890)
Costs to fulfill a contract (898) (9,279)
Inventories (95,275) (7,443)
Accounts payable and accrued liabilities 19,508 23,303
Contract liabilities 21,337 15,229
Income taxes (38,520) (29,635)
Retirement benefit obligations (1,486) (779)
Other (2,439) 24,149
Net cash provided by operating activities 297,329 155,630
Cash flows from investing activities:    
Payments for purchase of property, plant, and equipment (72,193) (57,142)
Proceeds from sale of assets 84 477
Proceeds from business divestiture 900  
Business acquisition, net of cash acquired 0 878
Payments for short-term investments (6,767) (6,109)
Proceeds from sales of short-term investments 9,737 7,692
Net cash (used in) investing activities (68,239) (54,204)
Cash flows from financing activities:    
Cash dividends paid (43,457) (37,762)
Proceeds from sales of treasury stock 90,142 26,888
Payments for repurchases of common stock (304,811) (26,369)
Borrowings on revolving lines of credit and short-term borrowings 2,258,600 1,538,900
Payments on revolving lines of credit and short-term borrowings (1,983,800) (1,582,200)
Payments of debt financing costs 0 (2,236)
Payments of long-term debt and finance lease obligations (75,644) (536)
Net cash (used in) financing activities (58,970) (83,315)
Effect of exchange rate changes on cash and cash equivalents 765 (11,848)
Net change in cash and cash equivalents 170,885 6,263
Cash and cash equivalents at beginning of year 137,447 107,844
Cash and cash equivalents at end of period $ 308,332 $ 114,107