XML 39 R7.htm IDEA: XBRL DOCUMENT v3.19.3
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Sep. 28, 2019
Sep. 29, 2018
Sep. 30, 2017
CASH FLOWS PROVIDED BY (USED IN) OPERATING ACTIVITIES:      
Net income (loss) $ 141,515 $ (95,533) $ 138,833
Adjustments to reconcile net income (loss) to cash provided by operating activities:      
Depreciation and amortization 116,949 118,820 118,751
Stock-based compensation expense 30,844 32,825 37,920
Deferred income taxes 54,668 173,591 37,892
Goodwill impairment 0 30,610 0
Other, net 2,219 1,777 4,188
Changes in operating assets and liabilities, net of acquisitions:      
Accounts receivable 54,947 (69,076) (136,072)
Contract asset (20,814) 0 0
Inventories 121,383 (324,168) (104,468)
Prepaid expenses and other assets 10,018 7,797 12,303
Accounts payable (182,521) 268,421 130,648
Accrued liabilities 53,757 11,360 10,966
Cash provided by operating activities 382,965 156,424 250,961
CASH FLOWS PROVIDED BY (USED IN) INVESTING ACTIVITIES:      
Purchases of property, plant and equipment (134,674) (118,881) (111,833)
Proceeds from sales of property, plant and equipment 7,532 4,722 3,935
Purchases of long-term investments (499) (2,019) 0
Cash used in investing activities (127,641) (116,178) (107,898)
CASH FLOWS PROVIDED BY (USED IN) FINANCING ACTIVITIES:      
Proceeds from revolving credit facility borrowings 3,884,325 4,040,600 932,770
Repayments of revolving credit facility borrowings (4,099,325) (3,910,600) (872,770)
Repayments of long-term debt (378,416) (3,416) (43,416)
Proceeds from long-term debt 375,000 0 0
Debt issuance costs (2,727) 0 0
Net proceeds from stock issuances 13,539 4,407 27,129
Repurchases of common stock (12,614) (157,625) (176,944)
Other, net 0 (1,701) (2,262)
Cash used in financing activities (220,218) (28,335) (135,493)
Effect of exchange rate changes 107 956 803
Increase in cash and cash equivalents 35,213 12,867 8,373
Cash and cash equivalents at beginning of year 419,528 406,661 398,288
Cash and cash equivalents at end of year 454,741 419,528 406,661
Cash paid during the year:      
Interest, net of capitalized interest 30,143 26,156 17,983
Income taxes, net of refunds 32,132 34,819 20,417
Noncash Investing and Financing Items:      
Unpaid purchases of property, plant and equipment at end of period $ 27,279 $ 49,546 $ 49,831