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Condensed Consolidated Statements of Changes in Cash Flows
$ in Thousands
12 Months Ended
Sep. 30, 2020
USD ($)
Sep. 30, 2019
USD ($)
Sep. 30, 2018
USD ($)
Statement of Cash Flows [Abstract]      
Cash and cash equivalents $ 193,001 $ 109,881 $ 82,365
Operating activities      
Net income (loss) 114,395 (8,471) 7,884
Reconciliation of net income (loss) to cash flows provided by operating activities:      
Depreciation and amortization 107,268 98,236 85,860
Amortization of debt related costs (includes $1,795, $0 and $5,575 write off of deferred financing fees) 4,026 2,612 8,073
Deferred income taxes (1,234) 1,948 (6,232)
Share-based compensation 10,509 19,903 15,742
Loss (gain) on sale of property, plant and equipment 950 (932) (6,750)
Gain on sale of business (68,051) 0 0
Foreign currency exchange (gains) losses on intercompany loans and other non-cash items (8,202) 10,713 5,766
Changes in assets and liabilities      
Accounts receivable (6,844) (13,235) (3,139)
Inventories (7,604) (1,469) (12,051)
Contract assets (4,136) (23,827) (3,544)
Prepaids and other current assets 2,088 9,447 (3,773)
Accounts payable 8,017 9,408 24,945
Accrued expenses and other liabilities 3,410 (9,159) (22,851)
Contract liabilities (12,556) 21,311 (9,254)
Income taxes 592 (3,651) 2,777
Other non‑current assets and liabilities 15,730 12,362 (2,436)
Net cash provided by operating activities 158,358 125,196 81,017
Investing activities      
Purchase of property, plant and equipment (88,456) (88,869) (80,713)
Purchase of intangibles (6,529) (6,426) (1,950)
Proceeds from sale of property, plant and equipment 1,191 3,636 21,641
Proceeds from sale of business, net of cash of $12,117, $0, and $0 118,894 0 430
Acquisitions, net of cash received of $0, $2,073, and $27 (13,108) (2,873) (146,443)
Net cash provided by (used in) investing activities 11,992 (94,532) (207,035)
Financing activities      
Issuance of debt, net of deferred issuance costs 21,959 38,381 155,270
Borrowings under credit facility 2,597 292,825 129,000
Repayment of debt (117,131) (307,809) (242,470)
Repayment of finance lease obligation (13,441) (12,900) (10,474)
Payment of earn-out related to previous acquisitions (470) (461) (5,528)
Proceeds from issuance of common stock 18,927 363 137,605
Taxes paid related to net share settlements of share-based compensation awards 0 (1,270) (8,807)
Stock repurchases 0 0 (230)
Cash paid for interest rate cap 0 (2,235) 0
Distribution to non‑controlling interest (1,890) (1,150) (3,725)
Net cash (used in) provided by financing activities (89,449) 5,744 150,641
Effect of exchange rate changes on cash 2,219 (1,601) (1,512)
Cash and cash equivalents classified as held for sale 0 (7,291) 0
Change in cash and cash equivalents 83,120 27,516 23,111
Cash and cash equivalents      
Beginning of period   82,365 59,254
End of period     82,365
Supplemental disclosure of cash flow information      
Cash paid for taxes 8,427 10,340 4,450
Cash paid for interest 38,680 52,786 43,596
Non‑cash investing and financing activities      
Accrued earn-out related to acquisitions 204 0 1,570
Finance lease transactions 12,600 18,640 10,595
Operating Lease Obligation Incurred 23,727 0 0
Noncash put and mandatory call option 7,739 0 0
Landlord incentives $ 0 $ 1,000 $ 0