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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
9 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Cash flows from operating activities:    
Net income (loss) $ 40.8 $ (24.1)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation 79.8 80.9
Amortization of intangible assets 27.4 33.7
Amortization of financing costs and original issue discount 2.0 2.7
Loss on debt extinguishment [1] 0.6 0.0
Deferred taxes (10.1) (23.0)
Equity-based compensation 15.1 15.7
Realized gain on hedges (8.5) (6.9)
Gain on divestiture (44.0) 0.0
Other non-cash activities (6.0) 0.1
Change in operating assets and liabilities:    
Accounts receivable (9.9) (53.3)
Unbilled and deferred revenue 47.1 11.0
Other operating assets 21.4 17.3
Accounts payable and other operating liabilities (3.6) 35.2
Net cash provided by operating activities 152.1 89.3
Cash flows from investing activities:    
Purchase of property and equipment (46.0) (57.9)
Proceeds from sale of property and equipment 14.1 6.8
Business acquisitions, net of cash acquired 0.0 (13.8)
Proceeds from divestiture 51.6 0.0
Other investing activities 3.2 1.9
Net cash provided (used) by investing activities 22.9 (63.0)
Cash flows from financing activities:    
Repayments of finance lease obligations (26.4) (20.9)
Repayments of term loan 0.0 (9.0)
Repayments of receivables financing agreement (82.2) (448.0)
Repayments of revolving credit facility 0.0 (33.5)
Proceeds from receivables financing agreement, net of issuance costs 0.5 460.0
Proceeds from revolving credit facility 0.0 33.5
Debt issuance and prepayment costs (2.4) 0.0
Series A preferred stock dividend (8.9) 0.0
Proceeds from issuance of common stock, net of share issuance costs 1.3 1.0
Repurchase of common stock and distributions (3.1) (1.3)
Contingent business acquisition payments (4.7) (18.5)
Other financing activities (0.2) (0.1)
Net cash (used) by financing activities (126.1) (36.8)
Net change in cash and cash equivalents 48.9 (10.5)
Cash and cash equivalents, beginning of period 67.0 20.1
Cash and cash equivalents, end of period 115.9 9.6
Supplemental Cash Flow Information    
Cash paid (received) for income taxes, net 14.8 (18.4)
Cash paid for interest 61.9 62.9
Accrual for property and equipment 21.3 0.0
Series A Preferred Stock [Member]    
Supplemental Cash Flow Information    
Non-cash Series A Preferred Stock dividends $ 8.9 $ 0.0
[1] Represents losses on the extinguishment of debt related to Amendment No. 8 to the Credit Agreement and includes the write-off of deferred finance fees and original issue discount.