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Consolidated Condensed Statements Of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Mar. 28, 2020
Mar. 30, 2019
CASH FLOWS FROM OPERATING ACTIVITIES    
Net earnings $ 99,772 $ 83,828
Adjustments to reconcile net earnings to net cash provided (used) by operating activities:    
Depreciation 36,962 36,074
Amortization 6,676 7,212
Deferred income taxes (1,346) 2,182
Equity-based compensation expense 3,271 3,691
Other 5,674 1,331
Changes in assets and liabilities providing (using) cash:    
Receivables (43,910) (16,621)
Inventories (49,467) (44,428)
Accounts payable (14,891) 10,208
Contract advances 46,468 17,127
Accrued expenses (9,920) (6,075)
Accrued income taxes (12,338) (1,767)
Net pension and post retirement liabilities 15,785 15,639
Other assets and liabilities (2,032) 447
Net cash provided by operating activities 80,704 108,848
CASH FLOWS FROM INVESTING ACTIVITIES    
Acquisitions of businesses, net of cash acquired (54,265) 0
Purchase of property, plant and equipment (53,463) (59,971)
Other investing transactions (3,706) 2,447
Net cash used by investing activities (111,434) (57,524)
CASH FLOWS FROM FINANCING ACTIVITIES    
Net short-term repayments 0 (3,560)
Proceeds from revolving lines of credit 829,000 327,300
Payments on revolving lines of credit (758,500) (361,300)
Proceeds from long-term debt 4,300 0
Payments on long-term debt (4,300) (167)
Proceeds from senior notes, net of issuance costs 491,769 0
Payments of senior notes (300,000) 0
Payments on finance lease obligations (412) 0
Payments of dividends (17,049) (17,430)
Proceeds from sale of treasury stock 3,199 2,443
Purchase of outstanding shares for treasury (191,961) (16,319)
Proceeds from sale of stock held by SECT 14,278 9,479
Purchase of stock held by SECT (6,209) (7,354)
Other financing transactions (5,877) 0
Net cash provided (used) by financing activities 58,238 (66,908)
Effect of exchange rate changes on cash (791) (50)
Increase (decrease) in cash, cash equivalents and restricted cash 26,717 (15,634)
Cash, cash equivalents and restricted cash at beginning of period 92,548 127,706
Cash, cash equivalents and restricted cash at end of period 119,265 112,072
SUPPLEMENTAL CASH FLOW INFORMATION    
Treasury shares issued as compensation 9,063 11,795
Equipment acquired through financing $ 13,090 $ 148