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Consolidated Condensed Statements Of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Jul. 02, 2022
Jul. 03, 2021
CASH FLOWS FROM OPERATING ACTIVITIES    
Net earnings $ 125,761 $ 122,652
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation 56,169 56,806
Amortization 9,998 10,000
Deferred income taxes 7,644 4,161
Equity-based compensation expense 6,747 6,420
Gain on sale of business (16,146) 0
Asset impairment and Inventory write-down 19,335 0
Other 4,960 (2,781)
Changes in assets and liabilities providing (using) cash:    
Receivables (58,668) (21,329)
Inventories (6,778) 9,509
Accounts payable 27,184 (17,530)
Contract advances 35,867 54,414
Accrued expenses (24,066) 3,503
Accrued income taxes 7,692 14,776
Net pension and post retirement liabilities 13,490 8,380
Other assets and liabilities (24,925) (18,401)
Net cash provided by operating activities 184,264 230,580
CASH FLOWS FROM INVESTING ACTIVITIES    
Acquisitions of businesses, net of cash acquired (11,837) (77,600)
Purchase of property, plant and equipment (106,713) (88,573)
Other investing transactions 33,283 3,615
Net cash used by investing activities (85,267) (162,558)
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from revolving lines of credit 661,675 653,500
Payments on revolving lines of credit (629,251) (651,986)
Proceeds from long-term debt 0 42,300
Payments on long-term debt (80,273) (55,891)
Payments on finance lease obligations (1,779) (1,588)
Payment of dividends (24,653) (24,081)
Proceeds from sale of treasury stock 10,792 4,603
Purchase of outstanding shares for treasury (30,485) (26,702)
Proceeds from sale of stock held by SECT 7,586 679
Purchase of stock held by SECT (11,484) (3,535)
Net cash used by financing activities (97,872) (62,701)
Effect of exchange rate changes on cash (6,175) 1,265
Increase (decrease) in cash, cash equivalents and restricted cash (5,050) 6,586
Cash, cash equivalents and restricted cash at beginning of period 100,914 85,072
Cash, cash equivalents and restricted cash at end of period 95,864 91,658
SUPPLEMENTAL CASH FLOW INFORMATION    
Treasury shares issued as compensation 4,482 10,751
Equipment and property acquired through lease financing $ 32,000 $ 9,878