XML 21 R6.htm IDEA: XBRL DOCUMENT v3.22.1
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Cash flows from operating activities:    
Net earnings $ 78,211 $ 109,883
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation and amortization 61,331 65,556
Net (gain) on sales of assets and businesses (1,541) (1,942)
Stock-based compensation 13,957 16,438
Deferred income taxes (55) 1,622
Changes in operating assets and liabilities:    
Trade accounts receivable (1,562) (10,565)
Unbilled receivables (contract assets) (48,742) (32,565)
Costs to fulfill a contract (10,884) (9,226)
Inventories (67,263) 16,877
Accounts payable and accrued liabilities 15,454 53,555
Contract liabilities 9,779 14,370
Income taxes (725) 4,700
Retirement benefit obligations (2,495) (3,450)
Other 4,643 (6,256)
Net cash provided by operating activities 50,108 218,997
Cash flows from investing activities:    
Payments for purchase of property, plant, and equipment (24,150) (13,313)
Proceeds from sale of assets 5 86
Payments for purchases of short-term investments (8) (2,750)
Proceeds from sales of short-term investments 11,305 16,566
Net cash (used in) provided by investing activities (12,848) 589
Cash flows from financing activities:    
Cash dividends paid (22,134) (15,404)
Proceeds from sales of treasury stock 19,399 28,454
Payments for repurchases of common stock (273,535)  
Borrowings on revolving lines of credit and short-term borrowings 11,500 74,400
Payments on revolving lines of credit and short-term borrowings (11,500) (74,400)
Payments of long-term debt and finance lease obligations (564) (100,835)
Net cash used in financing activities (276,834) (87,785)
Effect of exchange rate changes on cash and cash equivalents (533) 2,524
Net change in cash and cash equivalents (240,107) 134,325
Cash and cash equivalents, including restricted cash, at beginning of year 448,462 153,270
Cash and cash equivalents, including restricted cash, at end of period $ 208,355 $ 287,595