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Unaudited Consolidated Statements of Changes in Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Operating activities    
Net income $ 6,088 $ 6,477
Reconciliation of net income to cash flows provided by operating activities:    
Depreciation and amortization 28,640 27,391
Amortization of deferred financing fees (includes $0 and $0 write off of deferred financing fees) 467 526
Deferred income taxes 251 258
Share-based compensation 5,203 3,019
(Gain) loss on sale of property, plant, and equipment (4) 19
Foreign currency exchange losses (gains) on intercompany loans and other non-cash items 1,502 (6,459)
Changes in assets and liabilities    
Accounts receivable 41,309 18,083
Inventories (16,021) (11,551)
Contract assets (12,189) 21,458
Prepaids and other current assets (3,797) (465)
Accounts payable 11,241 (12,652)
Accrued expenses and other liabilities (16,953) (24,701)
Contract liabilities (2,887) 8,010
Income taxes (338) (1,271)
Other non‑current assets and liabilities (6,132) (4,873)
Net cash provided by operating activities 36,380 23,269
Investing activities    
Purchase of property, plant, and equipment (15,540) (17,260)
Purchase of intangibles (664) (81)
Proceeds from sale of property, plant, and equipment 1,370 127
Acquisitions, net of cash received $0 and $0 0 (8,743)
Net cash used in investing activities (14,834) (25,957)
Financing activities    
Issuance of debt, net of deferred issuance costs 5,949 7,805
Repayment of debt (19,378) (5,723)
Repayment of finance lease obligation (3,174) (3,821)
Proceeds from issuance of common stock 2,085 6,617
Taxes paid related to net share settlements of share-based compensation awards (1,261) (9)
Distribution to non‑controlling interest (100) (250)
Net cash (used in) provided by financing activities (15,879) 4,619
Effect of exchange rate changes on cash 614 2,988
Change in cash and cash equivalents 6,281 4,919
Cash and cash equivalents    
Beginning of period 146,244 193,001
End of period 152,525 197,920
Supplemental disclosure of cash flow information    
Cash paid for taxes 1,654 1,334
Cash paid for interest 5,706 7,624
Non‑cash investing and financing activities    
Finance lease transactions 2,700 5,484
Operating lease transactions $ 1,152 $ 5,954