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Consolidated Condensed Statements Of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Jan. 02, 2021
Dec. 28, 2019
CASH FLOWS FROM OPERATING ACTIVITIES    
Net earnings $ 37,842 $ 50,027
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation 18,647 18,386
Amortization 2,841 3,281
Deferred income taxes (139) 3,205
Equity-based compensation expense 2,502 2,381
Other 1,544 (1,017)
Changes in assets and liabilities providing (using) cash:    
Receivables 3,664 (19,519)
Inventories (4,058) (13,782)
Accounts payable (7,510) (29,153)
Contract advances 29,712 40,215
Accrued expenses 6,989 (26,998)
Accrued income taxes 8,831 5,349
Net pension and post retirement liabilities 5,022 8,327
Other assets and liabilities (11,792) 1,404
Net cash provided by operating activities 94,095 42,106
CASH FLOWS FROM INVESTING ACTIVITIES    
Acquisitions of businesses, net of cash acquired (77,708) (53,906)
Purchase of property, plant and equipment (20,309) (27,310)
Other investing transactions 1,604 (3,684)
Net cash used by investing activities (96,413) (84,900)
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from revolving lines of credit 271,700 272,000
Payments on revolving lines of credit (235,700) (617,500)
Proceeds from long-term debt 25,100 0
Payments on long-term debt (27,586) 0
Proceeds from senior notes, net of issuance costs 0 492,750
Payments on finance lease obligations (488) (88)
Payment of dividends (8,010) (8,661)
Purchase of outstanding shares for treasury (11,674) (57,776)
Proceeds from sale of stock held by SECT 274 0
Purchase of stock held by SECT (655) (2,440)
Other financing transactions 0 (1,895)
Net cash provided by financing activities 12,961 76,390
Effect of exchange rate changes on cash 2,619 1,147
Increase in cash, cash equivalents and restricted cash 13,262 34,743
Cash, cash equivalents and restricted cash at beginning of period 85,072 92,548
Cash, cash equivalents and restricted cash at end of period 98,334 127,291
SUPPLEMENTAL CASH FLOW INFORMATION    
Treasury shares issued as compensation 3,967 5,016
Equipment acquired through lease financing $ 3,081 $ 568