XML 65 R7.htm IDEA: XBRL DOCUMENT v3.3.0.814
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Sep. 27, 2015
Sep. 28, 2014
Sep. 29, 2013
Cash flows from operating activities:      
Net income (loss) including noncontrolling interests $ 39,228 $ 108,675 $ (1,506)
Adjustments to reconcile net income (loss) to net cash from operating activities:      
Depreciation and amortization 44,201 54,540 62,605
Loss on settlement of foreign currency forward contract     270
Equity in income of unconsolidated joint ventures (5,131) (2,804) (3,461)
Distributions of earnings from unconsolidated joint ventures 5,252 2,724 4,458
Stock-based compensation 10,926 10,374 8,775
Excess tax benefits from stock-based compensation (172) (904) (886)
Deferred income taxes 8,412 (145) (11,468)
Provision for doubtful accounts (1,034) 1,467 13,818
Impairment of goodwill and other intangible assets 60,763   56,600
Fair value adjustments to contingent consideration (3,113) (58,694) (9,560)
Foreign exchange (gain) loss (275) (104) 754
Lease termination costs and related asset impairment 342 2,416 7,188
(Gain) loss on disposal of property and equipment (6,014) 58 (287)
Changes in operating assets and liabilities, net of effects of business acquisitions:      
Accounts receivable 40,345 (32,020) 87,367
Prepaid expenses and other assets 12,970 (4,481) (11,782)
Accounts payable (26,901) 31,772 (34,191)
Accrued compensation (7,676) (4,728) (16,385)
Billings in excess of costs on uncompleted contracts (10,319) 23,833 (16,830)
Other liabilities (6,868) (9,315) 21,489
Income taxes receivable/payable 7,911 4,712 (19,218)
Net cash provided by operating activities 162,847 127,376 137,750
Cash flows from investing activities:      
Capital expenditures (24,296) (19,404) (27,545)
Payments for business acquisitions, net of cash acquired (11,680) (30,251) (171,349)
Payment in settlement of foreign currency forward contract     (4,177)
Receipt in settlement of foreign currency forward contract     3,907
Changes in restricted cash 4,530   470
Proceeds from sale of property and equipment 10,426 4,594 2,089
Payment received on note for sale of operation   3,900  
Net cash used in investing activities (21,020) (41,161) (196,605)
Cash flows from financing activities:      
Payments on long-term debt (75,459) (4,379) (171,400)
Proceeds from borrowings 64,794   296,389
Payments of earn-out liabilities (3,199) (18,663) (33,672)
Payment of debt issuance costs (1,457)   (2,136)
Distributions paid to noncontrolling interests (515) (417) (445)
Excess tax benefits from stock-based compensation 172 904 886
Repurchases of common stock (100,500) (80,000) (20,000)
Net proceeds from issuance of common stock 10,825 23,834 15,993
Dividend paid (18,240) (8,956)  
Net cash provided by (used in) financing activities (123,579) (87,677) 85,615
Effect of foreign exchange rate changes on cash (5,301) (5,464) (2,303)
Net increase (decrease) in cash and cash equivalents 12,947 (6,926) 24,457
Cash and cash equivalents at beginning of year 122,379 129,305 104,848
Cash and cash equivalents at end of year 135,326 122,379 129,305
Cash paid during the year for:      
Interest 7,323 8,293 5,049
Income taxes, net of refunds of $5.4 million, $14.7 million and $6.7 million $ 23,268 $ 28,092 $ 35,796