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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Operating Activities    
Net income (loss) $ 941 $ 11,074
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 81,092 56,955
Stock-based compensation 7,835 7,574
Certain interest expense and other financing costs 3,987 2,703
Loss on debt extinguishment 1,725 0
Gain on sale of fixed assets (319) (420)
Deferred income taxes [1] (47,260) 2,020
Other, net 0 131
Changes in operating assets and liabilities, net of the effects of businesses acquired:    
Accounts receivable 186,170 123,590
Inventories (131,789) (92,072)
Prepaid expenses and other assets 67,425 (53,062)
Accounts payable and accrued expenses (130,695) 91,950
Other liabilities 854 87
Net cash provided by (used in) operating activities 39,966 150,530
Investing Activities    
Purchases of property and equipment (24,833) (24,231)
Acquisition of businesses, net (2,726,561) (58,359)
Proceeds from the sale of assets 413 1,285
Net cash provided by (used in) investing activities (2,750,981) (81,305)
Financing Activities    
Borrowings under revolving lines of credit 1,530,667 857,099
Repayments under revolving lines of credit (1,097,463) (948,470)
Borrowings under term loan 970,000 0
Repayments under term loan (441,000) (1,125)
Borrowings under senior notes 1,300,000 0
Payment of debt issuance costs (67,723) 0
Repayments under equipment financing facilities and other (5,643) (5,365)
Proceeds from issuance of convertible preferred stock 400,000 0
Payment of stock issuance costs (1,279) 0
Payment of dividends on preferred stock (978) 0
Proceeds from issuance of common stock related to equity awards 5,317 7,840
Taxes paid related to net share settlement of equity awards (3,933) (697)
Net cash provided by (used in) financing activities 2,587,965 (90,718)
Effect of exchange rate changes on cash and cash equivalents 800 119
Net increase (decrease) in cash and cash equivalents (122,250) (21,374)
Cash and cash equivalents, beginning of period 138,250 31,386
Cash and cash equivalents, end of period 16,000 10,012
Cash paid during the period for:    
Interest 28,659 29,592
Income taxes, net of tax refunds 33,037 36,151
Supplemental disclosure of non-cash financing activity    
Preferred stock dividends, accrued and unpaid $ 5,022 $ 0
[1] Includes impact of provisional amounts recognized relating to estimated impact of Tax Cuts and Jobs Act of 2017 – see Note 12