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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
May 27, 2022
May 28, 2021
Cash flows from operating activities:    
Net income (loss) $ 48,165 $ 1,217
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation expense and amortization of intangible assets 48,461 32,468
Amortization of debt discount and issuance costs 7,476 6,503
Share-based compensation expense 30,295 24,867
Change in fair value of contingent consideration 41,324 16,400
Amortization of operating lease right-of-use assets 7,953 4,944
Other 1,294 488
Changes in operating assets and liabilities:    
Accounts receivable (41,490) (15,455)
Inventories (116) (66,493)
Other assets (5,884) (14,163)
Accounts payable and accrued expenses (46,969) 122,095
Operating lease liabilities (7,205) (4,460)
Deferred income taxes, net 721 (3,083)
Net cash provided by operating activities 84,025 105,328
Cash flows from investing activities:    
Capital expenditures and deposits on equipment (29,298) (40,017)
Acquisition of business, net of cash acquired 0 (28,613)
Other (746) 222
Net cash used for investing activities (30,044) (68,408)
Cash flows from financing activities:    
Proceeds from debt 270,775 11,439
Proceeds from borrowing under line of credit 84,000 122,500
Proceeds from issuance of ordinary shares 11,849 13,157
Repayments of debt (125,000) 0
Repayments of borrowings under line of credit (109,000) (97,500)
Payments to acquire ordinary shares (16,800) (48,301)
Distribution to noncontrolling interest (3,773) 0
Other (3,841) 0
Net cash provided by financing activities 108,210 1,295
Effect of changes in currency exchange rates on cash and cash equivalents 2,149 (34)
Net increase in cash and cash equivalents 164,340 38,181
Cash and cash equivalents at beginning of period 222,986 150,811
Cash and cash equivalents at end of period $ 387,326 $ 188,992