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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Mar. 30, 2024
Apr. 01, 2023
Cash flows from operating activities    
Net income $ 45,454 $ 83,034
Adjustments to reconcile net income to net cash flows from operating activities:    
Depreciation and amortization 38,514 33,434
Share-based compensation expense and related charges 12,685 11,482
Other, net 1,289 460
Changes in operating assets and liabilities, excluding impacts of currency:    
Accounts receivable 18,055 84,392
Contract assets 11,045 5,988
Inventories 47,850 (33,910)
Other current and non-current assets (19,505) (3,007)
Accrued income taxes payable (10,249) (8,064)
Accounts payable (4,635) (86,054)
Advanced payments from customers (45,567) (23,067)
Other current and non-current liabilities (10,169) (7,532)
Cash flows provided by operating activities 84,767 57,156
Cash flows from investing activities    
Payments for property, plant and equipment (51,516) (49,491)
Other, net 336 1,876
Cash flows used in investing activities (51,180) (47,615)
Cash flows from financing activities    
Borrowings under debt agreements 329,000 354,000
Payments on debt and finance lease obligations (326,240) (336,267)
Repurchases of common stock (17,568) (23,877)
Proceeds from exercise of stock options 203 0
Payments related to tax withholding for share-based compensation (11,025) (12,280)
Cash flows used in financing activities (25,630) (18,424)
Effect of exchange rate changes on cash and cash equivalents 483 3,777
Net increase (decrease) in cash and cash equivalents and restricted cash 8,440 (5,106)
Cash and cash equivalents and restricted cash:    
Beginning of period 256,654 275,470
End of period $ 265,094 $ 270,364