XML 17 R6.htm IDEA: XBRL DOCUMENT v3.25.2
Consolidated Condensed Statements Of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Jun. 28, 2025
Jun. 29, 2024
Sep. 29, 2024
CASH FLOWS FROM OPERATING ACTIVITIES      
Net earnings $ 168,574 $ 164,175  
Adjustments to reconcile net earnings to net cash provided (used) by operating activities:      
Depreciation 69,292 64,302  
Amortization 6,996 7,677  
Deferred income taxes (18,645) (26,483)  
Equity-based compensation expense 12,669 11,301  
Asset impairment 10,988 8,637  
Other 4,399 5,374  
Changes in assets and liabilities providing (using) cash:      
Receivables (105,346) (18,677)  
Unbilled receivables (35,174) (57,723)  
Inventories (64,095) (105,629)  
Accounts payable (3,301) 918  
Contract advances and progress billings 8,798 (26,882)  
Accrued expenses (6,645) 36,928  
Accrued income taxes (22,669) 9,832  
Net pension and post retirement liabilities 15,563 8,783  
Other assets and liabilities (8,941) (35,978)  
Net cash provided (used) by operating activities 32,463 46,555  
CASH FLOWS FROM INVESTING ACTIVITIES      
Acquisitions of businesses, net of cash acquired 0 (5,911)  
Purchase of property, plant and equipment (103,041) (109,616)  
Net proceeds from businesses sold 13,487 1,627  
Other investing transactions (2,844) (646)  
Net cash provided (used) by investing activities (92,398) (114,546)  
CASH FLOWS FROM FINANCING ACTIVITIES      
Proceeds from revolving lines of credit 957,500 784,500  
Payments on revolving lines of credit (1,001,500) (691,000)  
Proceeds from long-term debt 250,000 0  
Payments on finance lease obligations (7,194) (4,468)  
Payment of dividends (27,247) (26,521)  
Proceeds from sale of treasury stock 10,970 7,579  
Purchase of outstanding shares for treasury (127,808) (21,832)  
Proceeds from sale of stock held by SECT 20,287 16,670  
Purchase of stock held by SECT (18,505) (14,296)  
Other financing transactions (1,600) 0  
Net cash provided (used) by financing activities 54,903 50,632  
Effect of exchange rate changes on cash (491) (267)  
Increase (decrease) in cash, cash equivalents and restricted cash (5,523) (17,626)  
Cash, cash equivalents and restricted cash at beginning of period (1) 64,537 69,144  
Cash, cash equivalents and restricted cash at end of period 59,014 51,518  
(1) Cash related to assets held for sale included in beginning cash flow cash balance Disposal Group, Including Discontinued Operation, Cash and Cash Equivalents     $ 2,720
SUPPLEMENTAL CASH FLOW INFORMATION      
Treasury shares issued as compensation 6,288 5,323  
Assets acquired through lease financing $ 36,787 $ 27,034