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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Jun. 27, 2020
Jun. 29, 2019
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 36,516 $ 5,249
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 14,597 15,001
Equity-based compensation and employee benefits 11,056 10,772
Adjustment for doubtful accounts 709 (385)
Adjustment for inventory valuation 3,197 2,059
Deferred income taxes 360 2,450
Loss/(gain) on disposal of property, plant and equipment 860 (19)
Unrealized foreign currency translation 909 117
Share of results of equity-method investee 158 72
Changes in operating assets and liabilities:    
Accounts and other receivable (122) 92,696
Inventories (28,013) 15,960
Prepaid expenses and other current assets 1,697 (10,623)
Accounts payable, accrued expenses and other current liabilities 25,903 (48,148)
Income tax payable (5,428) (3,655)
Other, net 282 1,635
Net cash provided by operating activities 62,681 83,181
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchases of property, plant and equipment (7,849) (9,665)
Proceeds from sales of property, plant and equipment 0 39
Purchase of equity investments (1,288) (5,000)
Purchase of short-term investments (234,000) (489,000)
Maturity of short-term investments 269,000 534,000
Net cash provided by investing activities 25,863 30,374
CASH FLOWS FROM FINANCING ACTIVITIES:    
Payment on debts (147,143) (574)
Payment for finance lease (67) 0
Repurchase of common stock (46,851) (85,469)
Common stock cash dividends paid (22,796) (23,902)
Proceeds from short-term debt 86,239 71,194
Net cash used in financing activities (130,618) (38,751)
Effect of exchange rate changes on cash and cash equivalents (335) 60
Changes in cash, cash equivalents and restricted cash (42,409) 74,864
Cash, cash equivalents and restricted cash at beginning of period 364,184 321,148
Cash, cash equivalents and restricted cash at end of period 321,775 396,012
CASH PAID FOR:    
Interest Paid, Excluding Capitalized Interest, Operating Activities 1,690 747
Income taxes, net of refunds $ 10,088 $ 21,373