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Consolidated Condensed Statements Of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Apr. 01, 2023
Apr. 02, 2022
CASH FLOWS FROM OPERATING ACTIVITIES    
Net earnings $ 89,029 $ 75,352
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation 36,810 38,316
Amortization 5,862 6,735
Deferred income taxes (9,970) 4,834
Equity-based compensation expense 5,765 4,578
Gain on sale of business 0 (16,146)
Gain on sale of buildings (10,030) 0
Asset impairment and inventory write-down 1,219 18,441
Other 3,292 2,692
Changes in assets and liabilities providing (using) cash:    
Receivables (76,676) (4,223)
Inventories (72,346) 6,951
Accounts payable 1,971 24,388
Contract advances 17,067 60,392
Accrued expenses (33,030) (28,324)
Accrued income taxes 11,965 8,217
Net pension and post retirement liabilities 7,119 8,927
Other assets and liabilities (11,063) (30,933)
Net cash provided (used) by operating activities (33,016) 180,197
CASH FLOWS FROM INVESTING ACTIVITIES    
Acquisitions of businesses, net of cash acquired 0 (11,837)
Purchase of property, plant and equipment (89,743) (74,087)
Net proceeds from businesses sold 959 38,611
Net proceeds from buildings sold 18,825 0
Other investing transactions (4,241) (835)
Net cash used by investing activities (74,200) (48,148)
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from revolving lines of credit 503,232 463,950
Payments on revolving lines of credit (381,300) (455,476)
Payments on long-term debt (188) (80,181)
Payments on finance lease obligations (1,899) (1,085)
Payment of dividends (16,859) (16,351)
Proceeds from sale of treasury stock 9,148 8,701
Purchase of outstanding shares for treasury (20,457) (26,481)
Proceeds from sale of stock held by SECT 9,795 7,574
Purchase of stock held by SECT (7,221) (10,396)
Other financing transactions (2,024) 0
Net cash provided (used) by financing activities 92,227 (109,745)
Effect of exchange rate changes on cash 5,410 (1,087)
Increase (decrease) in cash, cash equivalents and restricted cash (9,579) 21,217
Cash, cash equivalents and restricted cash at beginning of period 119,233 100,914
Cash, cash equivalents and restricted cash at end of period 109,654 122,131
SUPPLEMENTAL CASH FLOW INFORMATION    
Treasury shares issued as compensation 4,174 4,482
Equipment and property acquired through lease financing $ 11,007 $ 17,648