XML 23 R6.htm IDEA: XBRL DOCUMENT v3.24.2.u1
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Jun. 29, 2024
Jul. 01, 2023
Cash flows from operating activities    
Net income $ 70,594 $ 98,833
Adjustments to reconcile net income to net cash flows from operating activities:    
Depreciation and amortization 58,249 51,366
Share-based compensation expense and related charges 19,759 15,539
Asset impairment charges 4,736 0
Deferred income tax expense (benefit) 7,450 (881)
Other, net 2,230 955
Changes in operating assets and liabilities, excluding impacts of currency:    
Accounts receivable 19,020 38,933
Contract assets 26,049 6,218
Inventories 131,519 (25,356)
Other current and non-current assets (30,984) (2,408)
Accrued income taxes payable (16,054) (11,711)
Accounts payable (39,217) (115,600)
Advanced payments from customers (25,297) 14,145
Other current and non-current liabilities (11,683) 5,952
Cash flows provided by operating activities 216,371 75,985
Cash flows from investing activities    
Payments for property, plant and equipment (68,874) (79,794)
Other, net 129 2,082
Cash flows used in investing activities (68,745) (77,712)
Cash flows from financing activities    
Borrowings under debt agreements 452,000 573,000
Payments on debt and finance lease obligations (539,332) (545,649)
Repurchases of common stock (36,145) (37,431)
Proceeds from exercise of stock options 210 8
Payments related to tax withholding for share-based compensation (11,038) (12,337)
Cash flows used in financing activities (134,305) (22,409)
Effect of exchange rate changes on cash and cash equivalents (85) 2,220
Net increase (decrease) in cash and cash equivalents and restricted cash 13,236 (21,916)
Cash and cash equivalents and restricted cash:    
Beginning of period 256,654 275,470
End of period $ 269,890 $ 253,554