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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (unaudited) - USD ($)
$ in Thousands
9 Months Ended
Jul. 01, 2022
Jul. 02, 2021
CASH (USED FOR) PROVIDED BY OPERATING ACTIVITIES    
Net income $ 34,838 $ 76,455
Adjustments to reconcile net income to net cash (used for) provided by operating activities:    
Depreciation 10,239 9,660
Amortization of intangible assets 195 355
Amortization of deferred financing costs 26 20
Stock based compensation 3,146 2,571
Loss on disposal of productive assets 90 44
Deferred income taxes 6 (860)
Change in operating assets and liabilities:    
Accounts receivable, net (32,590) (26,789)
Inventories, net (85,671) (32,905)
Accounts payable and accrued liabilities (18,381) 28,844
Other current assets 3,360 (659)
Other non-current assets 104 (149)
Other long-term liabilities (2,300) 1,700
Other, net 525 (676)
CASH (USED FOR) PROVIDED BY OPERATING ACTIVITIES (86,413) 57,611
CASH USED FOR INVESTING ACTIVITIES    
Proceeds from sale of productive assets 12 13
Capital expenditures (25,162) (15,481)
CASH USED FOR INVESTING ACTIVITIES (25,150) (15,468)
CASH USED FOR FINANCING ACTIVITIES    
Common stock transactions 332 0
Dividends paid (9,037) (6,297)
Purchases of treasury stock (509) (495)
CASH USED FOR FINANCING ACTIVITIES (9,214) (6,792)
Effect of foreign currency rate changes on cash (2,104) 1,228
(Decrease) Increase in cash and cash equivalents (122,881) 36,579
CASH AND CASH EQUIVALENTS    
Beginning of period 240,448 212,437
End of period 117,567 249,016
Supplemental Disclosure:    
Non-cash treasury stock activity (9) 75
Non-cash dividends 12 7
Cash paid for taxes 16,386 18,828
Cash paid for interest $ 86 $ 86