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Consolidated Condensed Statements Of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Apr. 02, 2022
Apr. 03, 2021
CASH FLOWS FROM OPERATING ACTIVITIES    
Net earnings $ 75,352 $ 86,530
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation 38,316 37,622
Amortization 6,735 6,436
Deferred income taxes 4,834 (1,187)
Equity-based compensation expense 4,578 4,629
Gain on Disposition of Business (16,146) 0
Asset impairment and Inventory write-down 18,441 0
Other 2,692 (3,115)
Changes in assets and liabilities providing (using) cash:    
Receivables (4,223) (47,697)
Inventories 6,951 9,301
Accounts payable 24,388 (5,088)
Contract advances 60,392 51,349
Accrued expenses (28,324) (1,799)
Accrued income taxes 8,217 12,691
Net pension and post retirement liabilities 8,927 3,846
Other assets and liabilities (30,933) (16,151)
Net cash provided by operating activities 180,197 137,367
CASH FLOWS FROM INVESTING ACTIVITIES    
Acquisitions of businesses, net of cash acquired (11,837) (77,600)
Purchase of property, plant and equipment (74,087) (58,019)
Other investing transactions 37,776 1,895
Net cash used by investing activities (48,148) (133,724)
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from revolving lines of credit 463,950 503,200
Payments on revolving lines of credit (455,476) (467,700)
Proceeds from long-term debt 0 39,800
Payments on long-term debt (80,181) (39,903)
Payments on finance lease obligations (1,085) (1,042)
Payment of dividends (16,351) (16,046)
Proceeds from sale of treasury stock 8,701 4,230
Purchase of outstanding shares for treasury (26,481) (18,844)
Proceeds from sale of stock held by SECT 7,574 274
Purchase of stock held by SECT (10,396) (2,559)
Net cash (used) provided by financing activities (109,745) 1,410
Effect of exchange rate changes on cash (1,087) 887
Increase in cash, cash equivalents and restricted cash 21,217 5,940
Cash, cash equivalents and restricted cash at beginning of period 100,914 85,072
Cash, cash equivalents and restricted cash at end of period 122,131 91,012
SUPPLEMENTAL CASH FLOW INFORMATION    
Treasury shares issued as compensation 4,482 10,751
Equipment and property acquired through lease financing $ 17,648 $ 9,433