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Consolidated Condensed Statements Of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Jan. 01, 2022
Jan. 02, 2021
CASH FLOWS FROM OPERATING ACTIVITIES    
Net earnings $ 46,265 $ 37,842
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation 19,290 18,647
Amortization 3,402 2,841
Deferred income taxes 7,895 (139)
Equity-based compensation expense 2,658 2,502
(Gain) loss on sale of business (16,146) 0
Inventory write-down 1,500 0
Other 699 1,544
Changes in assets and liabilities providing (using) cash:    
Receivables 38,941 3,664
Inventories 7,179 (4,058)
Accounts payable (20,833) (7,510)
Contract advances 105,548 29,712
Accrued expenses (26,914) 6,989
Accrued income taxes 5,173 8,831
Net pension and post retirement liabilities 4,501 5,022
Other assets and liabilities (21,973) (11,792)
Net cash provided by operating activities 157,185 94,095
CASH FLOWS FROM INVESTING ACTIVITIES    
Acquisitions of businesses, net of cash acquired 0 (77,708)
Purchase of property, plant and equipment (37,059) (20,309)
Other investing transactions 37,336 1,604
Net cash provided (used) by investing activities 277 (96,413)
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from revolving lines of credit 215,200 271,700
Payments on revolving lines of credit (263,476) (235,700)
Proceeds from long-term debt 0 25,100
Payments on long-term debt (80,060) (27,586)
Payments on finance lease obligations (505) (488)
Payment of dividends (8,031) (8,010)
Proceeds from sale of treasury stock 2,144 0
Purchase of outstanding shares for treasury (16,657) (11,674)
Proceeds from sale of stock held by SECT 2,075 274
Purchase of stock held by SECT (2,275) (655)
Net cash provided (used) by financing activities (151,585) 12,961
Effect of exchange rate changes on cash (65) 2,619
Increase in cash, cash equivalents and restricted cash 5,812 13,262
Cash, cash equivalents and restricted cash at beginning of period 100,914 85,072
Cash, cash equivalents and restricted cash at end of period 106,726 98,334
SUPPLEMENTAL CASH FLOW INFORMATION    
Treasury shares issued as compensation 688 3,967
Equipment and property acquired through lease financing $ 8,755 $ 3,081