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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
12 Months Ended
Sep. 27, 2024
Sep. 29, 2023
Sep. 30, 2022
Cash flows from operating activities:      
Net (loss) income $ (47,200,000) $ 48,700,000 $ 30,800,000
Adjustments to reconcile net (loss) income to net cash provided by operating activities:      
Share-based compensation expense 15,300,000 13,500,000 14,000,000.0
Depreciation 21,200,000 19,500,000 19,000,000.0
Amortization of intangible assets 9,900,000 13,700,000 14,600,000
Deferred taxes 37,000,000.0 (39,500,000) 600,000
Loss from equity method investments 2,000,000.0 1,600,000 2,600,000
Impairment of equity method investment 0 16,400,000 0
Amortization of deferred loan costs 2,800,000 2,600,000 10,900,000
Gain on purchase of business (2,100,000) 0 0
Inventory write-down 4,900,000 5,600,000 6,400,000
Loss on operating lease abandonment 0 0 1,900,000
Other, net 1,500,000 3,000,000.0 4,100,000
Changes in assets and liabilities:      
Accounts receivable 6,700,000 9,800,000 (18,100,000)
Inventories 6,600,000 20,200,000 (85,000,000.0)
Prepaid expenses and other assets 3,300,000 7,000,000.0 10,300,000
Accounts payable (3,200,000) (15,000,000.0) 19,700,000
Accrued liabilities and other current and long-term liabilities (9,100,000) (1,000,000.0) (14,900,000)
Deferred revenues (2,300,000) 2,300,000 0
Net cash provided by operating activities 47,300,000 108,400,000 16,900,000
Cash flows from investing activities:      
Purchases of property, plant and equipment (26,900,000) (20,700,000) (21,300,000)
Loss on settlement of cash flow hedge 0 (200,000) (500,000)
Proceeds from maturities of marketable debt securities 58,800,000 28,300,000 2,000,000.0
Purchase of marketable debt securities (56,600,000) (52,200,000) (18,700,000)
Purchase of marketable equity securities (200,000) (2,700,000) (2,400,000)
Purchase of certificates of deposit (4,200,000) (1,000,000.0) (7,200,000)
Proceeds from maturities of certificates of deposit 1,800,000 0 0
Acquisitions of businesses, net of cash acquired 900,000 (1,000,000.0) 0
Settlement of net investment hedge 0 7,000,000.0 0
Proceeds from sales of business and assets 0 0 1,700,000
Investments in and loans to privately-held companies 0 0 (600,000)
Other (1,100,000) (2,400,000) (1,400,000)
Net cash used in investing activities (27,500,000) (44,900,000) (48,400,000)
Cash flows from financing activities:      
Repayments of borrowings (1,600,000) (2,400,000) (29,400,000)
Payment of debt issuance costs (2,300,000) 0 0
Proceeds from shares issued under employee stock purchase plan 3,800,000 3,900,000 4,900,000
Proceeds from exercise of stock options 0 200,000 3,800,000
Taxes related to net share settlement of equity awards (2,200,000) (1,400,000) (2,800,000)
Other financing activities (1,000,000.0) (500,000) (300,000)
Net cash used in financing activities (3,300,000) (200,000) (23,800,000)
Effects of exchange rate changes on cash and cash equivalents and restricted cash (100,000) 100,000 (200,000)
Net increase (decrease) in cash and cash equivalents and restricted cash 16,400,000 63,400,000 (55,500,000)
Cash and cash equivalents and restricted cash at beginning of period 154,000,000.0 90,600,000 146,100,000
Cash and cash equivalents and restricted cash at end of period 170,400,000 154,000,000.0 90,600,000
Supplemental cash flow information:      
Cash paid for interest 27,600,000 27,400,000 29,500,000
Cash paid for income tax, net of refunds 20,200,000 16,700,000 2,200,000
Supplemental non-cash activities:      
Purchases of property, plant and equipment financed through accounts payable $ 1,000,000.0 $ 2,700,000 $ 1,500,000