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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Jan. 02, 2022
Dec. 27, 2020
Cash flows from operating activities:    
Net income $ 68,499 $ 52,448
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 6,111 6,238
Equity in income of unconsolidated joint ventures (1,440) (1,107)
Distributions of earnings from unconsolidated joint ventures 842 931
Amortization of stock-based awards 5,828 4,898
Deferred income taxes (878) 954
(Gain) loss on sale of property and equipment 239 (7)
Changes in operating assets and liabilities, net of effects of business acquisitions:    
Accounts receivable and contract assets (21,560) (11,400)
Prepaid expenses and other assets 5,364 11,813
Accounts payable 14,056 23,631
Accrued compensation (40,321) (61,690)
Contract liabilities 29,227 27,392
Other liabilities 11,615 (23,373)
Income taxes receivable/payable 4,837 2,452
Net cash provided by operating activities 82,419 33,180
Cash flows from investing activities:    
Payments for business acquisitions, net of cash acquired (8,858) 0
Capital expenditures (1,518) (1,795)
Proceeds from sales of assets 3,514 9
Net cash used in investing activities (6,862) (1,786)
Cash flows from financing activities:    
Proceeds from borrowings 50,831 123,533
Repayments on long-term debt (3,956) (114,752)
Bank overdrafts 4,158 0
Repurchases of common stock (50,000) (15,000)
Taxes paid on vested restricted stock (24,949) (17,330)
Stock options exercised 960 7,495
Dividends paid (10,793) (9,198)
Payments of contingent earn-out liabilities (1,720) (7,037)
Principal payments on finance leases (945) (538)
Net cash used in financing activities (36,414) (32,827)
Effect of exchange rate changes on cash and cash equivalents (169) 7,356
Net increase in cash and cash equivalents 38,974 5,923
Cash and cash equivalents at beginning of period 166,568 157,515
Cash and cash equivalents at end of period 205,542 163,438
Cash paid during the period for:    
Interest 2,456 1,968
Income taxes, net of refunds received of $2.3 million and $1.1 million $ 11,535 $ 5,696