XML 20 R6.htm IDEA: XBRL DOCUMENT v3.10.0.1
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2016
Cash flows from operating activities:      
Net income $ 110,043 $ 86,952 $ 59,849
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 25,876 25,930 26,031
Provision for doubtful accounts 185 26 588
Share-based compensation expense 18,517 13,004 13,787
Transition tax for accumulated foreign earnings, Income tax expense 11,340 0 0
Deferred income tax expense (benefit) 10,835 392 (1,757)
Non-cash foreign exchange (gain) (873) 435 (1,144)
Loss/(Gain) on disposal of property, plant and equipment 91 (1,820) 103
Impairment of assets 0 860 1,079
Realized loss on the sale of available-for-sale securities 96 0 0
(Gain) on sale of assets (956) 0 0
Other 1,666 188 815
Changes in operating assets and liabilities:      
Accounts receivable (12,068) (3,986) (8,017)
Inventories (442) (1,220) 3,351
Prepaid expenses and other assets (5,818) (1,576) 3,935
Accounts payable 128 892 (478)
Accrued expenses, income taxes payable and other liabilities 10,245 21,292 (2,931)
Net cash provided by operating activities 168,865 141,369 95,211
Cash flows from investing activities:      
Additions to property, plant and equipment (21,308) (21,174) (17,670)
Proceeds from the sale of property, plant and equipment 0 1,216 17
Acquisition of business, net of cash acquired 0 0 (126,976)
Proceeds from the sale of assets 3,027 0 0
Purchases of available-for-sale securities (209,048) 0 0
Proceeds from the sale and maturities of investment securities 214,460 175 200
Settlement of net investment hedge (9,882) 0 0
Net cash used in investing activities (22,751) (19,783) (144,429)
Cash flows from financing activities:      
Repayment of long-term debt (144,375) (10,938) (8,750)
Dividends paid (30,730) (19,041) (8,658)
Repurchases of common stock (44,288) (14,208) (28,818)
Proceeds from issuance of stock 23,031 30,615 19,512
Tax benefits associated with share-based compensation expense 0 6,557 2,305
Principal payments under capital lease obligations (1,200) 0 0
Net cash used in financing activities (197,562) (7,015) (24,409)
Effect of exchange rate changes on cash 6,479 (4,160) 6,916
Increase (decrease) in cash (44,969) 110,411 (66,711)
Cash and cash equivalents at beginning of year 397,890 287,479 354,190
Cash and cash equivalents at end of year 352,921 397,890 287,479
Supplemental disclosure of cash flow information:      
Cash paid for income taxes 20,345 13,321 7,246
Cash paid for interest 2,464 4,128 4,307
Supplemental disclosure of non-cash investing and financing activities:      
Purchases of property, plant and equipment in accrued liabilities and accounts payable at the end of period $ 1,975 $ 1,488 $ 1,005