XML 17 R6.htm IDEA: XBRL DOCUMENT v3.22.0.1
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Jan. 01, 2022
Jan. 02, 2021
CASH FLOWS PROVIDED BY (USED IN) OPERATING ACTIVITIES:    
Net income $ 58,634 $ 48,021
Adjustments to reconcile net income to cash provided by (used in) operating activities:    
Depreciation and amortization 27,465 27,635
Stock-based compensation expense 9,032 8,208
Deferred income taxes 6,707 3,447
Other, net (3,638) (99)
Changes in operating assets and liabilities, net of amounts acquired:    
Accounts receivable (106,972) (64,217)
Contract assets (15,666) 46,534
Inventories (207,300) 42,282
Prepaid expenses and other assets (2,939) (9,400)
Accounts payable 234,525 (66,657)
Accrued liabilities 68,452 26,057
Cash provided by operating activities 68,300 61,811
CASH FLOWS PROVIDED BY (USED IN) INVESTING ACTIVITIES:    
Purchases of property, plant and equipment (25,376) (11,343)
Proceeds from Sale of Property, Plant, and Equipment 8,014 152
Cash used in investing activities (17,362) (11,191)
CASH FLOWS PROVIDED BY (USED IN) FINANCING ACTIVITIES:    
Repayment of Long-term Debt, Long-term Lease Obligation, and Capital Security (4,688) (4,688)
Proceeds from revolving credit facility borrowings 16,000 331,300
Repayments of revolving credit facility borrowings (16,000) (331,300)
Net proceeds from stock issuances 1,050 1,050
Repurchases of common stock (68,823) (12,522)
Cash used in financing activities (72,461) (16,160)
Effect of exchange rate changes (786) 1,044
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect (22,309) 35,504
Cash and cash equivalents at beginning of period 650,026 480,526
Cash and cash equivalents at end of period 627,717 516,030
Cash paid during the period for:    
Interest, net of capitalized interest 2,479 1,096
Income taxes, net of refunds 5,569 5,205
Unpaid purchases of property, plant and equipment at the end of period $ 17,431 $ 11,635