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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Dec. 27, 2020
Dec. 29, 2019
Cash flows from operating activities:    
Net income $ 52,448 $ 47,317
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 6,238 6,235
Equity in income of unconsolidated joint ventures (1,107) (1,675)
Distributions of earnings from unconsolidated joint ventures 931 1,447
Amortization of stock-based awards 4,898 4,482
Deferred income taxes 954 2,173
Gain on sale of property and equipment (7) (897)
Changes in operating assets and liabilities:    
Accounts receivable and contract assets (11,400) 44,040
Prepaid expenses and other assets 11,813 (2,053)
Accounts payable 23,631 (66,381)
Accrued compensation (61,690) (79,098)
Contract liabilities 27,392 38,207
Other liabilities (23,373) (14,917)
Income taxes receivable/payable 2,452 3,096
Net cash provided by (used in) operating activities 33,180 (18,024)
Cash flows from investing activities:    
Capital expenditures (1,795) (3,331)
Proceeds from sale of property and equipment 9 455
Net cash used in investing activities (1,786) (2,876)
Cash flows from financing activities:    
Proceeds from borrowings 123,533 198,364
Repayments on long-term debt (114,752) (141,550)
Repurchases of common stock (15,000) (21,177)
Taxes paid on vested restricted stock (17,330) (10,818)
Stock options exercised 7,495 1,413
Dividends paid (9,198) (8,190)
Payments of contingent earn-out liabilities (7,037) (9,236)
Principal payments on finance leases (538) 0
Net cash (used in) provided by financing activities (32,827) 8,806
Effect of exchange rate changes on cash, cash equivalents and restricted cash 7,356 2,200
Net increase (decrease) in cash, cash equivalents and restricted cash 5,923 (9,894)
Cash, cash equivalents and restricted cash at beginning of period 157,515 120,901
Cash, cash equivalents and restricted cash at end of period 163,438 111,007
Cash paid during the period for:    
Interest 1,968 3,082
Income taxes, net of refunds received of $1.1 million and $0.3 million 5,696 5,579
Reconciliation of cash, cash equivalents and restricted cash:    
Total cash, cash equivalents and restricted cash $ 163,438 $ 111,007