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Consolidated Condensed Statements Of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Dec. 30, 2023
Dec. 31, 2022
CASH FLOWS FROM OPERATING ACTIVITIES    
Net earnings $ 47,812 $ 46,016
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation 20,927 18,392
Amortization 2,720 2,992
Deferred income taxes (4,547) (1,342)
Equity-based compensation expense 4,165 2,974
Gain on sale of buildings 0 (9,503)
Other (2,478) 1,145
Changes in assets and liabilities providing (using) cash:    
Receivables 58,887 (27,387)
Unbilled receivables (51,015) (26,570)
Inventories (46,852) (44,435)
Accounts payable (5,752) (9,679)
Contract advances and progress billings 64,171 72,889
Accrued expenses (31,814) (35,186)
Accrued income taxes 12,324 12,632
Net pension and post retirement liabilities 2,957 3,988
Other assets and liabilities (11,114) 1,157
Net cash provided by operating activities 60,391 8,083
CASH FLOWS FROM INVESTING ACTIVITIES    
Acquisitions of businesses, net of cash acquired (5,212) 0
Purchase of property, plant and equipment (37,416) (30,125)
Net proceeds from businesses sold 0 1,124
Net proceeds from buildings sold 0 7,432
Other investing transactions (479) (3,724)
Net cash used by investing activities (43,107) (25,293)
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from revolving lines of credit 279,500 241,000
Payments on revolving lines of credit (223,000) (160,300)
Payments on long-term debt 0 (93)
Payments on finance lease obligations (1,286) (884)
Payment of dividends (8,619) (8,257)
Proceeds from sale of treasury stock 581 1,869
Purchase of outstanding shares for treasury (8,711) (12,721)
Proceeds from sale of stock held by SECT 5,001 2,561
Purchase of stock held by SECT (4,561) (1,753)
Other financing transactions 0 (2,026)
Net cash provided by financing activities 38,905 59,396
Effect of exchange rate changes on cash 1,495 4,492
Increase in cash, cash equivalents and restricted cash 57,684 46,678
Cash, cash equivalents and restricted cash at beginning of period 69,144 117,328
Cash, cash equivalents and restricted cash at end of period 126,828 164,006
SUPPLEMENTAL CASH FLOW INFORMATION    
Treasury shares issued as compensation 2,574 1,532
Assets acquired through lease financing $ 7,845 $ 5,970